Access Holdings Plc and the First Bank of Nigeria Holdings have crossed N1 trillion market capitalisation at the close of Tuesday’s trading on the Nigerian Exchange Limited. They become the second and third lenders to achieve this feat in two…
First Bank of Nigeria Holdings and Access Corporation led gainers on the Nigerian equities market on Monday. This is as investors also lost N132.43billion on the Nigerian equities market yesterday. The NGX All-Share Index advanced by 0.17 percent, closing at…
Shareholders of First Bank Holding Plc, one of the nation’s premier commercial banks, have approved the holding company to raise N150 billion in additional capital for future expansion. The approval which was given at the group’s Annual General Meeting (AGM)…
First Bank Holding Plc will seek shareholders’ approval to raise N150 billion additional capital at the group’s Annual General Meeting (AGM) scheduled for August 15, 2023. This was contained in the group’s amended notice of the meeting. The group said…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed in upbeat driven by Investor interests in First Bank Holdings of Nigeria (FBNH) (+1.12 per cent), WAPCO Insurance (+4.32 per cent) and Nigerian Breweries (NB)(+2.70 per cent) outweighed…
The NGX banking index grew by 0.25 per cent to close the week at 399.15 points, up from 398.16 last week. The market capitalisation of the top five banks in Nigeria, which are FBNH, UBA, GTCO, Access holding, Zenith Bank…
By Philemon Adedeji At the Nigerian Exchange Limited (NGX), the Equities Market stopped negative posture to close in the green zone as the key market indicator moved up marginally by 5.10 basis points amid negative market breadth. The NGX All-Share…
By Philemon Adedeji Equities market on the Nigerian exchange limited (NGX) which closed on negative for two consecutive trading session as at opening of this week closed on appreciation yesterday after the transaction of some stocks like FBNH, UPL and…
FBN Holdings Plc has posted a profit after tax of N151.079 billion for the financial year ended December 31, 2021, a 99.86 per cent growth over N89.730 billion reported in 2020. Profit before tax stood at N166.662 billion as against…
The market capitalization of the top five banks, referred to as the Tier-1 banks, increased to N2.59 trillion as at close of business, 7th of January, 2022, as investors in these banks gained a total of N23.51 billion during the…
