Gbenga Shobo has exited his role as the Deputy Managing Director of First Bank of Nigeria (FBN), the financial institution has disclosed. Shobo joined First Bank’s...
First Bank of Nigeria Limited has appointed Mr. Oluseyi Oyefeso as Executive Director, Retail Banking for South. In a statement issued on Monday in Lagos, the...
The second-tier banks continued to dominate the top five best-performing financial institutions in Nigeria, with only one tier-one bank making it into the list in the...
The billionaire businessman, Femi Otedola, suffered mixed fortune in the Nigerian capital market following the drop in his investment in First Bank Holdings by -6.35 percent....
Med-View Airline has accused First Bank of breaching a court order over an alleged N4 billion debt owed by the airline company, after officials of the...
The Nigerian bourse extended its decline on Tuesday, as the market capitalisation fell to N23.861 trillion. It depreciated by 0.02 per cent, losing N5.37 billion from...
The Central Bank of Nigeria (CBN) has approved the acquisition of Access Pension Fund Custodian Limited by First Pension Custodian Nigeria Limited (First Pension). First Pension...
First Bank of Nigeria has cancelled the usage of all its Naira Card for international transactions as scarcity of foreign exchange forced the lender to change...
First Bank of Nigeria (FBN) has reviewed its Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) policy, as dollar scarcity continues to force banks to...
Robbers armed with sophisticated weapons on Tuesday afternoon raided several banks in the Ankpa Local Government Area of Kogi State. The robbers, who were said to...
Investors traded 914.443 million shares worth N15.263 in 18,021 deals this week. This surpassed the 823.005 million shares valued at N12.228 billion which exchanged hands in...
During the week, First Bank investors lost N1.79 billion in five days of trading, coupled with the FCT High Court Enforcement Unit in Abuja, shutting down...
Debtors including companies and individuals owed 12 commercial banks in the country N23.9 trillion as at the end of March last year. The banks disclosed this...
This week’s stocks to watch is centred around the performance of First Bank, McNichols and International Breweries’ capital market performance in the past week, and how...
With recent events, it’s fair to say Nigerian billionaire, Femi Otedola, is the Elon Musk of First Bank of Nigeria (FBN) Holdings, pulling the strings of...
Unity Bank, First Bank and FCMB are some of the stocks investors need to look out for this week, following the resumption of trading session in...
First Bank Holdings Plc, Unity Bank Plc and Union Bank Plc have been fined N13.5 million by the Nigerian Exchange Limited (NGX) for failing to file...
Investors holding First Bank of Nigeria (FBN) share lost 3.11% of their investment on Tuesday, after billionaire, Femi Otedola, the majority shareholder in the firm, engaged...
Billionaire, Femi Otedola, has sold N7.96 billion worth of shares from his investment in First Bank of Nigeria (FBN), almost seven months after he acquired 7.56%...
First Bank of Nigeria Holdings revenue grew 28.2% year-on-year, to N757.3 billion in 2021, against the N590.7 billion grossed during the corresponding period a year before....
First Bank of Nigeria Holdings (FBN) has clarified its 5% and above shareholders following the faceoff between Femi Otedola and Tunde Hassan-Odukale in the fourth quarter...
First Bank of Nigeria (FBN) Holdings has failed to meet the submission deadline for Unaudited Financial Statements for the first quarter ended March 31, 2022, while...
Sterling Bank has appointed Olusola Oworu, the former Independent Director at First Bank of Nigeria (FBN), who was also the former Special Adviser on Commerce &...
RT Briscoe, Courtville and First Bank were selected as stocks to watch for this week, considering their capital market activities and operational decisions. Ripples Nigeria stocks...
At the end of trading this week, the Nigerian Exchange Group reported that 1.858 billion shares exchanged hands in 20,861 deals, valued at N47.486 billion. Trading...
First Bank of Nigeria Limited has announced the appointment of three additional Executive Directors by the Board. The company said in a statement on Wednesday that...
This week’s stocks watchlist consist of two Nigerian banks, First Bank Nigeria (FBN) Holdings and Guaranty Trust Holding Company. Also on the list are telecommunications companies,...
The Central Bank of Nigeria (CBN) has accepted Alhaji Ahmad Abdullahi’s appointment as Chairman and non-executive Director of First Bank Holding Plc. This comes after Mr....
Nigeria’s five biggest banks, First Bank, United Bank for Africa (UBA) Plc, Guaranty Trust Holding Company, Access Bank, and Zenith Bank ended the week on a...
Nigerian banks have posted a gross earning of N3.06 trillion in the first nine months of 2021, according to data collated from the third-quarter earnings of...
First Bank Nigeria (FBN) Holdings reported low turnover in three months period of third quarter 2021, as gross earnings and profit declined by 4.96 percent and...
Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, has said the financial regulator will take action on the ownership tussle at First Bank Nigeria Limited...
It’s been over 48 hours since Ripples Nigeria disclosed that Tunde Hassan-Odukale isn’t the majority shareholder as First Bank Nigeria (FBN) Holdings made their investors believe....
Oba Otudeko, chairman, Honeywell Flour Mills Plc (HFMP) plans to sell his indirect stake in the company to Flour Mills of Nigeria (FMN) as the latter...
This week’s stocks watchlist consist of First Bank, Vitafoam, Conoil and Cutix, with the firms getting a mention due to capital market activities and on-field. Ripples...
The Nigerian Pension Commission (PENCOM) has addressed the blow out from the leadership tussle between Tunde Hassan-Odukale and Femi Otedola in First Bank Nigeria (FBN) Holdings....
Change, they say is constant, and First Bank Nigeria (FBN) Holdings seems to be ripe for one, as the lender’s management continues to drag the company...
The capital market declined slightly by 0.05 percent, as the Nigerian bourse free fall continues from last week. The decline costed shareholders N11.83 billion, as the...
The Economic and Financial Crimes Commission (EFCC) has reportedly questioned the newly appointed Managing Director of First Bank of Nigeria Holdings Plc, Nnamdi Okonkwo, in connection...
The Nigerian capital market over-performed this week as investors traded 1.471 billion shares worth N20.941billion in 20,410 deals. This was in contrast to the 1.428 billion...
It seems First Bank’s attempt to douse the chaos around the lender in the capital market failed to sway investors confidence following the leadership tussle between...
First Bank Nigeria Holdings has weighed into the leadership tussle between Tunde Hassan-Odukale and Femi Otedola, following a take over attempt witnessed in H2 this year....
UPDC, BOC Gases Nigeria, Studio Press, and First Bank made their way into Ripples Nigeria’s Stock-To-Watch list for this week amid multiple takeover and failure to...
FBN Holdings (FBNH) Plc, the parent company of First Bank, on Saturday confirmed that Femi Otedola has acquired a 5.07 percent equity stake in the lender....
FBN Holdings Plc has denied knowledge of the acquisition of significant shareholding by billionaire businessman, Femi Otedola in the company. The media had been agog with...
Femi Otedola has reportedly acquired a majority share in First Bank as the Nigerian billionaire plots a takeover of the lender following the ouster of Oba...
The former chairman of First Bank, Oba Otudeko and the Group Managing Director of the bank, Urum Eke, lost a combined N608.32 million in one day...
Stocks to watch this week consist of MTN Nigeria, First Bank, Airtel Africa and Cornerstone Insurance. Their selection has been based on different factors that occurred...
The Nigerian stock exchange ended last week in a high following an increase in investment, as investors acquired 1.048 billion shares worth N11.543 billion in 17,233...
There were several activities in the business community last week, with companies conducting initial public listing or having their financial strength called into question. This is...
