First Bank of Nigeria: latest developments and connections

What's happening

Reports per dayLast 90 days

90 days agoDrag either end to show only events that began in that periodToday

One to three months ago

First Bank of Nigeria was ranked as the largest dealing-member bank, with trading activity occurring on the FMDQ Exchange.

Some support2 reports

Gone quiet

No new reports in 90+ days

Court proceedings were held in Ikeja, Lagos, regarding an alleged €49M fraud involving First Bank of Nigeria.

Some support1 report
First Bank of Nigeria operated a branch in Ondo State on July 6, 2026.

Some support1 report
The Supreme Court ruled against First Bank of Nigeria on July 4, involving the Central Bank of Nigeria and the Nigerian financial sector.

Some support1 report

Around First Bank of Nigeria this week

News at the entities that move First Bank of Nigeria most

supreme court Transactional
The Supreme Court decision narrowed federal authority, leading the EPA and Army Corps of Engineers to work on new rules.

Moves First Bank of Nigeria
18:13
Economic and Financial Crimes Commission Structural
The Economic and Financial Crimes Commission (EFCC) filed a money-laundering case in Ikeja.

Moves First Bank of Nigeria
Wed 12:28
Central Bank of Nigeria Structural
The federal government launched National Single Window Phase 2 in Port Harcourt, integrating processes managed by the Central Bank of Nigeria.

Moves First Bank of Nigeria
18:27
Osun State Operational
National control centers are being hosted in Osogbo and Gwagwalada, while Mohammed leads NISO in managing the national grid.

Moves First Bank of Nigeria
18:08
Anambra State Transactional
Arms trafficking is reported in Anambra and Ebonyi States, coinciding with the apprehension of Aisha Mohammed in Keffi.

Moves First Bank of Nigeria
01:14
EXCHANGE Structural
TAAL Tech Limited intimated its dividend date to the Exchange on November 6, 2026.

Moves First Bank of Nigeria
Fri 14:08

Connections

The 17 strongest of 25, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.

supreme court Transactional

The Supreme Court rendered a decisive ruling that was unfavorable to First Bank of Nigeria.

Some supportJul 4

First Bank of Nigeria → supreme court
supreme court → First Bank of Nigeria
Bank of British West Africa Structural

Bank of British West Africa became a subsidiary of First Bank of Nigeria.

Some supportOct 7

First Bank of Nigeria → Bank of British West Africa
Bank of British West Africa → First Bank of Nigeria
Adesola Kazeem Adeduntan Structural

A served as the Chief Executive Officer of B.

Some supportSep 5

First Bank of Nigeria → Adesola Kazeem Adeduntan
Adesola Kazeem Adeduntan → First Bank of Nigeria
Economic and Financial Crimes Commission Structural

The EFCC exercises regulatory authority over First Bank of Nigeria by issuing directives and orders to restrict operations.

Some supportAug 8

First Bank of Nigeria → Economic and Financial Crimes Commission
Economic and Financial Crimes Commission → First Bank of Nigeria
Osun State Operational

The Osun State government utilizes First Bank of Nigeria's accounts for civil servant salary payments, establishing a functional operational dependency.

Some supportAug 5

First Bank of Nigeria → Osun State
Osun State → First Bank of Nigeria
EXCHANGE Structural

First Bank of Nigeria functions as a dealing member within the Exchange structure.

Some supportAug 19

First Bank of Nigeria → EXCHANGE
EXCHANGE → First Bank of Nigeria
Central Bank of Nigeria Structural

The Central Bank of Nigeria exercises regulatory oversight over First Bank of Nigeria.

Some supportJul 4

First Bank of Nigeria → Central Bank of Nigeria
Central Bank of Nigeria → First Bank of Nigeria
Ondo State Structural

First Bank of Nigeria maintained a functional presence via a branch office within the jurisdiction of Ondo State.

Some supportJul 6

First Bank of Nigeria → Ondo State
Ondo State → First Bank of Nigeria

Show all 17 connections

Nnamdi Azikiwe University Transactional

The university served as a branch location for the bank's ecological fund account.

Some supportSep 15

First Bank of Nigeria → Nnamdi Azikiwe University
Nnamdi Azikiwe University → First Bank of Nigeria
Anambra State Transactional

An entity managed by Anambra State utilized First Bank of Nigeria to hold its ecological fund account.

Some supportSep 15

First Bank of Nigeria → Anambra State
Anambra State → First Bank of Nigeria
Nigeria Shared context

First Bank of Nigeria operates within the market context of Nigeria.

Well supportedOct 7

First Bank of Nigeria → Nigeria
Nigeria → First Bank of Nigeria
Africa Shared context

The company operates within the geographical and economic context of the continent.

Some supportSep 7

First Bank of Nigeria → Africa
Africa → First Bank of Nigeria
Peter Obi Transactional

A fund associated with Peter Obi was held at First Bank of Nigeria.

Some supportSep 15

First Bank of Nigeria → Peter Obi
Peter Obi → First Bank of Nigeria
Dauda lawal Transactional

Dauda Lawal previously held employment at First Bank of Nigeria.

Some supportOct 29

First Bank of Nigeria → Dauda lawal
Dauda lawal → First Bank of Nigeria
germanium Mentioned together

The single evidence snapshot describes a fraud involving First Bank of Nigeria but does not mention germanium.

Some supportJul 28

First Bank of Nigeria → germanium
germanium → First Bank of Nigeria
Alaafin Mentioned together

The provided evidence does not describe any relationship between Alaafin and First Bank of Nigeria.

Some supportSep 7

First Bank of Nigeria → Alaafin
Alaafin → First Bank of Nigeria
Femi Otedola Mentioned together

No evidence was provided linking Femi Otedola and First Bank of Nigeria.

Some supportAug 8

First Bank of Nigeria → Femi Otedola
Femi Otedola → First Bank of Nigeria

History

Events by the month they began

August 2026

1 event

Aug 19, 2026First Bank of Nigeria was ranked as the largest dealing-member bank, with trading activity occurring on the FMDQ Exchange.

July 2026

3 events