FBN Holdings Plc

In an apparent move to reduce the negative impact of macroeconomy challenges on their risk's assets, Zenith Bank Plc and four Tier-1 banks reported N996.6billion impairment charges in 2023 financial year. The provisioning showed a jump of…

Despite Fintech companies’ inducement with zero charges on customers' deposits and transfers, five banks generated a total of N419.12 billion for maintaining customers' accounts, and electronic- banking fees, among other fees in the 2023…

FBN Holdings Plc, Fidelity Bank Plc, and four other banks generated a total of N2.35 trillion in interest income from loans & advances to customers, Investment securities, and loans and advances to banks in the 2023 financial year,…

A Federal High Court sitting in Lagos on Monday warned FBN Holdings Plc from holding its Annual General Meeting (AGM) hitherto fixed for today, Tuesday August 15, 2023, pending the hearing and determination of the substantive matter filed…

FBN Holdings Plc brought all its key cost components under control in the second quarter, which helped to moderate revenue disappointments and kept profit up at over N56 billion at the end of half-year operations.   The bank’s three main…

Despite the impressive performance recorded in the first quarter of this year, the lingering Russian-Ukraine war and surge in price inflation will slow the bottom line performance of banks’ half-year earnings. Banks’ operational costs…

The share price of FBN Holdings Plc (FBNH) fell by 18.49 per cent in three weeks, dropping to a single digit following the controversies that resulted in the sell-off of Mr Femi Otedola's 834 million shares. Since October last year,…

The share price of FBN Holdings Plc appreciated by 59.44 per cent to close at N11.40 in 2021, showing an impressive performance in a year the bank and its subsidiary, First Bank of Nigeria Limited, were soaked in boardroom politics that…

FBN Holdings Plc is still running on the high speed with which it began this year’s operations in the first quarter. A significantly enhanced ability to convert the naira of revenue into profit is the high point that the bank has sustained…

FBN Holdings Plc is cutting credit losses for the fourth straight year and that is again providing the strength for profit improvement in 2020. Management has sustained major drops in loan impairment expenses since 2017, which has…