FBN Holdings

FBH Holdings on Monday said it will be seeking shareholders’ approval to raise N300 billion in additional capital at the group’s Extraordinary General Meeting (EGM) scheduled for this month end. The Acting Company Secretary, Adewale…

The management of FBN Holdings Plc, on Wednesday announced the appointment of Femi Otedola as their new Chairman. The billionaire investor succeeds the outgoing Chairman of the board, Ahmad Abdullahi. The acting company sectary, FBN…

With its substantial offshore assets so far this year, FBN Holdings Plc stayed off the track of foreign exchange windfall reaped by banks and closed the third quarter operations with a net foreign exchange loss of N96.7 billion. At the…

The Federal High Court sitting in Lagos has ordered parties in the suit filed by three aggrieved shareholders of First Bank against FBN Holdings to file written addresses on whether the court can proceed with the hearing of the matter…

Nigeria's equities market resume the week trading on a bearish note as sell-pressure was witnessed on the stocks of fundamentals as Fidelity Bank and FBN Holdings. The All-Share Index of the Nigerian Exchange Limited (NGX) moderated by…

Trading at the floor of the Nigerian Exchange Limited (NGX) started the week in negative territory as profit-taking activity, particularly on banking stocks, dipped the All-Share Index. As a result, the ASI and market capitalisation shed…

The total amount of dividends paid by five commercial banks increased slightly by 6.57 per cent to N168.19 billion in 2021 from N157.83 billion in 2020, insidebusiness.ng can report. According to the banks' financial statements, the…

The shares of First Bank Holdings rose 1.82 per cent on the Nigerian Exchange Limited NGX Tuesday. defying the ongoing controversy on the financial institution's Annual General Meeting (AGM). During Tuesday's trading session on…

Many banks need to restructure their outstanding shares to be able to pay good dividends to their shareholders.  Analysts identified this as a major constraint banks face, which is making their shares capital to be highly diluted while…

FBN Holdings Plc has made a strong starting for the 2022 financial year with profit jumping 107 per cent year-on-year to N32 billion in the first quarter. This is sustaining a top record growth of 70 per cent in net profit to roughly…