Category : Search result: First Bank savings rate


Naira Rallies to N1,418/$ in Official and Parallel Markets

The Nigerian Naira recorded significant gains against the US Dollar on January 15, 2026, closing at N1,419.28 officially. This rally, driven by improved forex supply and a positive 4.49% GDP forecast, signals growing economic confidence. Read the full ana

23 Banks Meet CBN Capital Target, 3 to Merge

Nigeria's banking sector consolidates as 23 banks meet new CBN capital requirements. Access, Zenith lead. Three banks set to merge ahead of March 2026 deadline. Full details inside.

NAHCON's 20-Year Milestone: A Call for Hajj Sector Reform

As NAHCON marks 20 years, experts urge a shift from pilgrimage management to strategic economic planning. Nigeria's untapped Hajj & Umrah sector holds potential for billions in halal exports and job creation. The time for action is now.

EFCC recovers ₦802m for First Bank in fraud case

The EFCC has restituted ₦802.4 million to First Bank, recovered from a suspect who exploited a system error. The suspect and accomplices have been charged to court. Read the full details.

DMO Offers 15.396% Rates on 2026 Savings Bonds

The DMO has opened subscriptions for FGN Savings Bonds with rates up to 15.396% p.a. Learn key details, subscription dates, and why this is a safe investment for Nigerians.

CBN Issues New Cash Directive to Banks for 2026

The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.

Man saves N700 daily on OPay for a year, shows result

A Nigerian man known as Cruise Daddy disciplined himself to save N700 every day on OPay for a full year without withdrawals. See the total amount he accumulated and his motivational message on the power of consistent saving.

Man Cries Out as N100k Bank Transfer Becomes N63k

A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.

NIPCO saves N44m yearly with solar at fuel stations

NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.

Lady Saves ₦1k Daily for Rent, Now Doubles to ₦2k

A Nigerian lady's disciplined saving method of ₦1,000 daily to pay her ₦350k rent goes viral. With rent now ₦600k, she plans to double her daily savings. See her inspiring story and netizens' reactions.

No Bank Shutdowns from CBN Recapitalisation - ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.

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