First Bank Addresses Alleged N7 Billion Fraud Incident [Video]

• Recent allegations of fraud against First Bank of Nigeria Limited have been refuted by the financial institution
• By providing over 13 million cards to customers, the bank further demonstrated its dominance in the nation
• According to FirstBank, it is dedicated to delivering on its brand promise of offering the gold standard of excellence and value

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

First Bank of Nigeria Limited has denied recent claims of fraud against the organization, calling them unfounded and devoid of proof.

This followed a report of an alleged N7 billion fraud incident citing an unnamed individual with purported knowledge of the matter.

The bank asked the public to completely ignore the assertions in a statement signed by Olayinka Ijabiyi, Acting Group Head, marketing and corporate communications.

“For over 130 years, FirstBank has built …