Billionaire businessman, Femi Otedola, has again splashed N183m on additional shares in FBN Holdings to further increase his stake in the company. The fresh acquisition was...
A few days after Femi Otedola acquired 863m shares of FBN Holdings to become the single largest shareholder of the financial services giant, the billionaire businessman...
First Bank Nigeria (FBN) Holdings has announced plans to sell shares to private investors and existing shareholders to raise N300 billion. This was contained in a...
Trading activities return to the Nigerian stock market this week and some of the stocks to watch are First Bank Nigeria (FBN) Holdings, Tantalizer and Transcorp...
The Head, Investor Relations, First Bank Nigeria (FBN) Holdings Plc, Tolu Oluwole, has sold off his shares in the financial institution amid a drop in the...
FBN Holdings has disclosed the company will conduct a Rights Issue to raise funds to boost its available capital for operational needs. Rights Issue are often...
FBN Holdings was fined for failing to comply with the regulations of the capital market authority, NGX Regulation Limited, for the financial period of 2022. Ripples...
The largest and majority investors in FBN Holdings, Oba Otudeko, Femi Otedola and Tunde Hassan-Odukale lost a whopping N24.64 billion in one week. Their loss followed...
Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for...
The Central Bank of Nigeria (CBN) has released a new bank investor policy that could cause a setback for the majority shareholders of FBN Holdings in...
An insurance broker resident in Lagos, Olayiwola Rotimi Inyang has accused the Lagos State Government and his former employers, FGB General Insurance Limited, an arm of...
The owners of Barbican Capital Limited, and its affiliate, Honeywell Group, Obafemi Otudeko and Foluke Oyeleye, will meet with stakeholders of FBN Holdings this week. Ripples...
The stocks to watch this week are First Bank of Nigeria (FBN) Holding, Conoil and Ikeja Hotel. Their operational and stock market activities pushed them into...
The Central Bank of Nigeria (CBN) fined FBN Holdings subsidiary, First Bank of Nigeria Limited, N13.5 million for fraudulent dealings and other contraventions in 2022. In...
First Bank of Nigeria (FBN) Holdings recorded a 9.8% drop in net profit at the end of 2022, despite growing its total earnings and Net Interest...
About 756.769 million shares, valued at N13.653 billion, were traded in 18,248 deals within five days of January 23 to 27, 2023. A week before, N15.668...
Geregu, Airtel Africa and FBN Holdings made it into this week’s stocks to watch list as the exchange resumes four days of trading. Ripples Nigeria stocks...
First Bank of Nigeria (FBN) Holdings Group Managing Director, Nnamdi Okonkwo, has bought more shares in the financial institution, barely one month after he made his...
The National Pension Commission (PenCom) has approved First Pension Custodian Limited’s acquisition of Access Pension Custodian Limited. FBN Holdings Plc agreed with Access Bank Plc, through...
The Group Managing Director of First Bank of Nigeria (FBN) Holdings, Nnamdi Okonkwo, has finally put his skin in the game by making his first stock...
Seplat Energy, First Bank of Nigeria Holdings, and McNichols, are some of the stocks to watch this week, with analysis showing that while some shareholders risk...
Stocks to watch this week consist of First Bank of Nigeria Holdings (FBN Holdings), Ardova, Guaranty Trust Holding Company (GTCO) and Wema Bank. Their inclusion is...
Julius Omodayo-Owotuga, the long-time partner of businessman Femi Otedola, has joined the board of First Bank of Nigeria (FBN) Holdings as the billionaire’s controlling stake in...
Christmas period wasn’t all fun for shareholders of First Bank Nigeria Holdings (FBN Holdings) after their investment in the lender dwindled 5.73 percent within five days...
As you begin the week searching for stocks to add to your investment portfolio, Ripples Nigeria stocks to watch list presents you with four Nigerian banks...
Honeywell Flour Mills, Zenith Bank, Flour Mills Nigeria, and First Bank of Nigeria made the list for this week’s stocks to watch list as the capital...
First Bank Nigeria Holdings, Guaranty Trust Holding Company (GTCO) Dangote Cement and BUA Cement found their way into this week’s Ripples Nigeria Stock-To-Watch list. From the...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
FBN Holdings has confirmed that it has obeyed the directive of the Central Bank of Nigeria (CBN) to reinstate its sacked Managing Director and Chief Executive...
Following what many analysts have described as shocking, the Central Bank of Nigeria (CBN) has listed reasons why it took the decision to sack all the...
The Governor of the Central Bank of Nigeria, Godwin Emefiele has sacked all directors of First Bank of Nigeria and First Bank of Nigeria Holdings. The...
Nigerian banks got the most from their employees in 2020, on the back of adopting new technologies. Ripples Nigeria analysis of financial statements of eight commercial...
The market was dominantly bearish last week as losses swept across trade sessions Monday through Friday save for Wednesday, with the developments and other fundamental factors...
The equity section of the Nigerian Stock Exchange (NSE) closed flat on Monday, the third time it would do so in seven days. Bank stocks including...
Investors’ passion for bank stocks are showing no signs of waning as bank stocks led trade on Thursday with Zenith, GTB and FBN Holdings accounting for...
FBN Holdings Plc, the parent company of Nigeria’s oldest banking institution – First Bank of Nigeria Limited – Wednesday declared its intention to divest its 65%...
The Nigerian bourse demonstrated signs of recovery last week with the market recording three days of gain in a row out of the four trading sessions....
FBN Holdings Plc – the parent company of Nigeria’s oldest bank, First Bank of Nigeria Limited –Tuesday announced it would pay a dividend of N0.38 per share...
FBN Holdings Plc, the non-operating holding company of FirstBank of Nigeria Limited, has posted a Profit After Tax (PAT) of N61.947 billion for Full Year 2019, up by 3.8%...
Last week, the Nigerian bourse posted more positive performances on daily basis than it did negative results, causing the week to end on a positive note....
Nigeria tier-1 banks, Access Bank, FBN Holdings, Guaranty Trust Bank, United Bank for Africa, and Zenith Bank, also referred to as the FUGAZ, made a total...
Two in every three deals were closed at discount at the Nigerian Stock Exchange (NSE) on Tuesday but gains recorded by a handful of highly capitalised...
After rallying net capital gain of N520 billion in November, Nigerian equities came under sell pressure induced by profit-taking in the first trading session of December,...
Several leading stocks at the Nigerian stock market hit their highest prices in a year at the weekend as Nigerian quote posted a whooping gain of...
Nigerian equities continued on the uptrend on Wednesday as increased demand for large-cap stocks drove the market to second consecutive gain. Benchmark indices at the Nigerian...
Nigerian equities ran ahead and in most instances quadrupled gains by global equities as a flood of open market orders scrambled Nigerian shares to their highest...
After hauling net capital gain of N157 billion in one of the best returns in the global equities market last week, Nigerian equities reopened on Monday...
It was an all-week upswing at the Nigerian stock market this past week as investors continued to react positively to steady improvements in corporate earnings in...
Nigerian equities continued to show widespread buying sentiments but share price losses recorded by some highly capitalised stocks continued to undermine the overall market position. Continuing...
Nigerian equities reopened on Monday with widespread selling sentiments as investors turned round to take profits on the previous three days of successive uptrend. The stock...
