Tag Archives: FBN HOLDINGS

The board of FBN Holdings Plc, on Saturday, said Otedola Olufemi Peter, former chairman of Forte Oil Plc (now Ardova Plc), and his nominee, Calvados Global Services Limited now own 5.07% of its issued and fully-paid shares, as of October 22, 2021.

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FBN Holdings (FBNH) Plc, on Thursday, denied the reported acquisition of a majority stake in the company by Businessman, Mr Femi Otedola

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The Central Bank of Nigeria wielded its big stick on First Bank of Nigeria Limited as the apex regulator of the activities of commercial banks on Thursday when it fired the entire members of the board of First Bank Nigeria Ltd and First Bank of Nigeria Holdings Plc.

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FBN Holdings has achieved 8.8 per cent rise in customer deposits to N4.4 trillion,  group’s six months result for the period ended June 30, 2020 has shown.

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FBN Holdings (FBNH) Plc has stressed the need for retail investors to invest in companies with strong fundamentals, sustainable growth and profitability to ensure enhanced returns on investment.​

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FBN Holdings Plc has notified the  Stock Exchange (NSE) of on-going discussions with its partner Sanlam Emerging Markets to divest 65 per cent equity in FBN Insurance (FBNI) Ltd.

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Shareholders of FBN Holdings Plc on Friday approved the company’s 26 kobo dividend per unit of shares, this translating to a total of N9.3 billion paid to investors in the 2018 financial year.

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First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc is to exercise its option to call the $300 million 8.25 per cent subordinated notes (Eurobond) raised from the international debt markets before the due date of August 2020. In a filing to the Nigerian Stock Exchange (NSE) signed by the Company Secretary of FBN Holdings, Mr. Seye Kosoko, …

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The Nigerian Stock Exchange (NSE), has sanctioned some banks along other listed companies on the exchange for failing to meet the deadline for the submission of their audited report and accounts for last year. The list of the affected listed companies indicated that FBN Holdings Plc – the holding company for First Bank of Nigeria and its former subsidiaries – …

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For the nine months ended September 30, 2017, FBN Holdings has announced Profit after tax of N45.8 billion, up 7.8 per cent when compared with N42.5 billion recorded in 2016. Gross earnings is  N439.2 billion, up 5.2 per cent as against N417.4 billion in 2016 while Net-interest income is  N254.3 billion, up 25.3% y-o-y (Sept 2016: N202.9 billion) Also, operating expenses stood at  N175.3 billion, up 8.4% y-o-y (Sept …

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