FBN Holding

Asset Management Corporation of Nigeria (AMCON) in 2020 collected a total of N151.53 billion as levy from Guaranty Trust Bank Plc (GTBank), FBN Holdings, and three other Tier-1 financial institutions operating in the country. The other …

Trading activities on the floor of the National Stock Exchange was bullish on Wednesday following the appreciation of equities. The rise in stocks saw the All Share Index (ASI) climbed by 1.25 percent to close at 34,769 basic points…

The three days losing streak of the Nigeria Stock Market was halted on Tuesday following appreciation of equities. The market was lifted by the surge in the trading of the banking sector, which was dominated by FBN Holding, Stanbic IBTC,…

Equity market resumed on Monday with a marginal drop in the market capitalisation and the All Share index (ASI). The ASI dropped by 0.04% to close at 34,121.78 basic point on Monday as against 34,136.82 basic point it recorded on Friday.…

Transactions on the floor of Nigerian Stock Exchange (NSE) rebounded on Wednesday following three consecutive losses. The All Share Index, (ASI) rose by 1.68 percent from 34,242 basic point it closed with on Tuesday to 34,818.01 basic…

The Nigerian equity market again ended on a negative note, declining by N138 billion or 0.75% on Monday. The market's All Share index (ASI) closed at 34,774 compared to 35,037 it finished on Friday when the Market Capitalisation dipped…

By UMORU ABDULKADIR Trading on the Nigerian Stock Exchange (NSE) sustained its bearish outlook on Friday for the third consecutive day, when the market capitalisation shed N51 billion or 0.39 per cent. Today's downturn in the…

MICHAEL MOSES. FBN Holding is riding on the back of loan recovery and write backs to stay the course of rebuilding profit. The strategy worked for it quite well in 2018, when it registered a 31 percent advance in after tax profit to nearly…