FBN Holdings

FBN Holding’s profit rises 126.8%, analysts forecast positive outlook

FBN Holdings PLC consolidated its top-tier ranking with a strong performance in the 2023 financial year and the first quarter of 2024, reporting significant growth in gross earnings and pre-tax profit of

1 week ago

by Guardian Nigeria

NGX sheds N56bn as investors sell off banking stocks

Losses in Teir-one banking stocks on Friday pushed the market indices into negative territory, making investors lose N56 billion. Specifically, sell-offs in the stocks of Guaranty Trust Holding Company (GTCO), Zenith Bank,

1 week ago

Business·Business Service·News

With 9.41% stake, Otedola regains top position at First Bank

The Chairman of FBN Holdings, Femi Otedola, has regained his position as the majority shareholder of First Bank. Otedola now holds a 9.41 per cent stake in the bank, after acquiring N18.9

2 weeks ago

News

NGX sustains gains as capitalisation rises further by N246b

The Nigerian Exchange Limited (NGX) extended gains for the third consecutive session yesterday, as buying interest in Dangote Sugar Refinery

1 month ago

Business·Business News

Weekly report: Investors on Nigerian bourse lose N784bn

Over the course of the week, investors on the Nigerian Exchange Ltd. (NGX) equities market lost a total of N784 billion, week-on-week.

2 months ago

Business·Business News

Court adjourns shareholders suit against FBN Holdings indefinitely

A Federal High Court, Lagos has adjourned sine die (indefinitely) the suit filed against First Bank Holdings by the bank's shareholder, Olusegun Samuel Onagoruwa, seeking to stop the yearly General Meeting of

2 months ago

National·News·Nigeria

Five banks’ impairment charges hit N580b in nine months

As the harsh operating environment persists, five tier-one banks’ impairment charges hit N580 billion in the first three quarters of last year. The amount is a significant increase from the N122 billion

4 months ago

Business·Business News

Geregu Power propels billionaire investor Otedola to new heights in Nigeria’s Forbes ranking

Femi Otedola, the ever-dynamic Nigerian investor, has electrified the Forbes Nigeria ranks, powering up to the coveted fourth position with a $1.2 billion valuation. This meteoric rise owes much to his strategic

6 months ago

Business

Honeywell Group confident of FBN Holdings’ investment value generation

In a strategic move targeted at maximising returns and expanding its investment portfolio, Honeywell Group, a renowned Nigerian investment company, has stated it is bullish about the value generation potential of its

12 months ago

National·News·Nigeria

Capitalisation of FBN Holdings hits N800b on rising share mop up

The battle for the control of the country’s premier and leading financial institution, FBN Holdings Plc persists as strong indications emerged yesterday that another majority shareholder is mopping up the shares of

12 months ago

Business·Business News

Otudeko becomes largest shareholder in FBNH with 13.3% stake

There are strong indications that the Chairman, Honeywell Group, Oba Otudeko, has consolidated his shareholding in FBN Holdings Plc as the largest shareholder with the acquisition of 4,770,269,843 units of shares through Barbican Capital

12 months ago

National·News·Nigeria

1 2 3 Next

FBN Holdings

FBN Holding’s profit rises 126.8%, analysts forecast positive outlook

NGX sheds N56bn as investors sell off banking stocks

With 9.41% stake, Otedola regains top position at First Bank

Weekly report: Investors on Nigerian bourse lose N784bn

Court adjourns shareholders suit against FBN Holdings indefinitely

Five banks’ impairment charges hit N580b in nine months

Geregu Power propels billionaire investor Otedola to new heights in Nigeria’s Forbes ranking

Honeywell Group confident of FBN Holdings’ investment value generation

Capitalisation of FBN Holdings hits N800b on rising share mop up

Otudeko becomes largest shareholder in FBNH with 13.3% stake

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