Stock Market Archives - Page 5 of 8

CBN Sack: First Bank Constitutes 11 New Board Members To Direct Its Affairs

April 30, 2021 0

First Bank Plc has constituted a new eleven man board members to replace the old board sacked by the Central Bank of Nigeria (CBN) on Thursday.

CBN Sacks First Bank Directors, Reinstate Adeduntan As MD/CEO

April 29, 2021 0

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.

Banking Made Simple

April 29, 2021 0

Raheem Akingbolu reviews the new FirstBank’s corporate website and reckons that it would go a long way in strengthening the ability of the bank’s patrons and other potential customers in addressing basic banking operations.

SEPLAT Records $28 Million Profit Before Tax

April 29, 2021 0

… records EBITDA of $77.8 million Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its announces its unaudited results for the three months ended 31 March 2021, recording a rise in revenue by 16.8 per cent to $152.4 …

CBN Queries First Bank Over Removal Of MD/CEO

April 29, 2021 0

The Central Bank of Nigeria (CBN) has issued a query to the Board of First Bank Ltd for the removal of its Managing Director and Chief Executive Officer, Dr. Sola Adeduntan.

Fidelity Bank Post 53.9% PBT Growth In Q1

April 29, 2021 0

Fidelity Bank Plc has posted a 53.9 percent growth in Profit Before Tax (PBT) to N10.1 billion for the first quarter ended march 31, 2021 (Q1’21) as against N6.6 billion in the corresponding period of 2020 (Q1’20).

NGX Promotes Capacity Building For Trainee Clerks Across Asset Classes

April 29, 2021 0

Nigerian Exchange (NGX) Limited has kicked off its first Automated Trading System (ATS) Certificate Training for stockbrokers in 2021 with a focus on capacity building beyond equities.

FirstBank Appoints Gbenga Shobo As Managing Director

April 28, 2021 0

First Bank of Nigeria Limited has announced the appointment of Mr Gbenga Shobo, as the Managing Director/Chief Executive Officer designate of the bank.

United Capital Grows PAT By 67% In Q1

April 28, 2021 0

Despite the contraption, in indicators, in the domestic economy, United Capital Plc (“United Capital” or “The Group”), Nigeria’s leading investment bank and a foremost Pan-African financial and investment services group, Thursday breaks all barriers, when it announced its Unaudited Financial Statements for the period ended March 31, 2021, showing a Revenue of N3.12Billion, and Profit Before Tax of N1.97 Billion while delivering an Earnings Per Share of 111 kobo.