FBN Holdings Plc has announced its unaudited results for the half year ended June 30, 2022 with a gross earnings of N359.2 billion. In a statement on Friday, the company explained that the gross earnings indicated an increase of 22.4…
By Philemon Adedeji INTRODUCTION FBN Holdings’ unaudited financial results for the period ended 31st March 2022, indicated that huge profit was able to be generated during the period and this huge profit generated made it to stay in a balance…
Femi Otedola offloads 834m shares of FBN HoldingsOne of Nigeria’s most respected bank holding companies, FBN Holdings announced its largest single shareholder Femi Otedola has sold down about 834 million shares of FBN Holdings in a deal valued at about…
For the year ended December 31st, 2021, FBN Holdings Plc has attained 28.2per cent increase in gross revenue to N757.3 billion and profit before tax of N166.7 billion, an increase of 99.9per cent. According to Dr. Adesola Adeduntan, Chief Executive…
The Management of FBN Holdings, owners of First Bank, has confirmed it will release its audited results for the year ended December 2021 on or before the end of May 2022. FBN Holding is yet to release its 2021 audited…
The Group Managing Director, First Bank Nigeria Holdings, Nnamdi Okonkwo, has stated that FBN Holdings remains committed in supporting initiatives focused on human development indices in the society. Okonkwo, who disclosed this recently in Lagos at the commissioning of renovated…
…CRR signals risk to financial intermediation, stability of banking system —Former DG, LCCI …Current rate, too high for financial sustainability By Seth Akande, Abimbola Abatta, Ariemu Ogaga, Seun Ibiyemi, Uthman Salami The Cash Reserve Ratio (CRR) debits from ten prominent…
FBN Holdings Plc has officially notified the Nigerian Exchange Ltd and the investing public of the resignation of Mr Remi Babalola, its Chairman and Non-Executive Director. This is contained in the statement on investors’ relations signed by the Company Secretary,…
Shareholders of the FBN Holdings Plc (FBNH) have urged the board and management of the company to prioritise investors’ interest. They said this in separate interviews with the newsmen in Lagos, while reacting to the recent happenings in the company…
By Kayode Tokede The board of FBN Holdings Plc has approved the appointment of Mr Nnamdi Okonkwo, as its new Group Managing Director, with effect from Jan. 1, 2022. Okonkwo was the immediate past Managing Director of Fidelity Bank Plc.…
