Adesola Adeduntan Archives

First Bank Adesola Adeduntan, Global transactions get easier with Firstbank’s Card Offerings, FBNQuest Trustees Marks 40th Anniversary of preserving legacies in Nigeria, Ellah Lakes Plc announces close period for H1 2019 results The Board of Directors of Ellah Lakes Plc has announced that the company would be meeting on the 22nd October 2019 to consider, among other matters, the audited financial statements of the Company for the financial year ended 31 July, 2019. The Company also announced the commencement of a closed period with effect from 7 October 2019, until 24 hours after the Company’s Audited Financial Statements is filed with The Exchange. Top executives, directors, advisers, and many others at Ellah Lakes Plc have been barred from trading in the company’s shares ahead of the meeting of board of directors of Ellah Lakes. This was disclosed in a notification which was sent to the Nigerian Stock Exchange (NSE). http://www.nse.com.ng/Financial_NewsDocs/27720_ELLAH_LAKES_PLC._CORPORATE_ACTIONS_OCTOBER_2019.pdf The announcement is in line with rule 17.18 of Part 2 (Issuer’s Rules) of the NSE’s Rule Book (2015) which states that, “The period of closure shall be effective from fifteen (15) days prior to the date of any meeting of the Board of Directors proposed to be held to consider any of the matters referred to above or the date of circulation of agenda papers pertaining to any of the matters referred to above, whichever is earlier, up to twenty-four hours after the price-sensitive information is submitted to the Exchange. The trading window shall thereafter be opened. Every issuer shall notify the Exchange in advance of the commencement of each closed period.” Why this matters: The close period will allow the board to consider the company’s unaudited financial statements for the third quarter. Other company issues will also be discussed during the meeting of the Board of Directors. What is a close period? A close period is a period before the release of a company’s result or financial statement when of course, those with sensitive information are not allowed to trade on the stock. These individuals may include company directors, audit committee members, persons discharging managerial responsibility, employees and consultants with sensitive information. About the company: Ellah Lakes Plc is a fish farming company., FBN processed 237 million transactions in two weeks, amid COVID-19 lockdown, First Bank Holdings declares a Profit after Tax of N26 billion in Q1 2020

Appointments2 weeks ago

First Bank CEO appointed into Bretton Woods Committee

First Bank CEO has been honoured with membership of Bretton Woods Committee (BWC).

Corporate Press Releases4 months ago

First Bank’s FMAP graduates inuagural set of management associates

FMAP is a comprehensive developmental programme targeted at young, dynamic, highly driven individuals.

Business News7 months ago

Top 10 CEOs and how they spent 10 days in lockdown

The Federal Government of Nigeria to enforce a 14-day lockdown, this is how top Chief Executives have spent their period in the lockdown

Paid Content1 year ago

First Bank’s Adesola Adeduntan Bags ‘Best Chief Executive Officer’ Award

Dr. Adesola Adeduntan has been adjudged the 'Best Chief Executive Officer' of the year at the Digital Innovation and Excellence awards, held recently in Accra, Ghana.

Paid Content1 year ago

Adeduntan: FirstBank is reducing poverty, deepening financial inclusion through its 31,000 agent network

In its quest to deepen financial inclusion, FirstBank is channelling its resources to reach those at the bottom of the pyramid through its agency banking.

Business News1 year ago

FirstBank restates commitment to children with special needs

First Bank of Nigeria Limited, Nigeria’s premier and leading financial institution, has reiterated its commitment to impact the lives of the less privileged and children living...

Business News1 year ago

FirstBank CEO, Adeduntan, Sensitizes Children on Acts of Kindness

The Chief Executive Officer of First Bank of Nigeria Limited, Dr. Adesola Adeduntan, has encouraged children to cultivate the habit of showing kindness to people around...

Companies1 year ago

First Bank reiterates commitment to continue lead on digital banking

Adesola Adeduntan, the CEO of First Bank of Nigeria Limited, has disclosed the bank's commitment to keep up with its objective of driving digital banking.

First Bank MD's thoughts on the Access/Diamond Merger, Oil and Gas, Petroleum

Business News2 years ago

First Bank MD’s thoughts on the Access/Diamond Merger

Managing Director/CEO of First Bank of Nigeria Adesola Adeduntan sees the merger plans between Access Bank and Diamond Bank Plc as a welcome development. The move...

L-R- Managing Director, First Bank of Nigeria Limited and Subsidiaries, Adesola Adeduntan; Chairman, First Bank of Nigeria Limited, Ibukun Awosika; Vice-President/Treasurer, World Bank, Arunma Oteh; CEO, Bestman Games, Nimi Akinkugbe and Deputy Managing Director, First Bank of Nigeria Limited, Francis Shobo at the second anniversary of FirstGem, the FirstBank product designed to promote female entrepreneurship and independence, held in Lagos recently.

Companies2 years ago

FirstBank links growth to innovation, service delivery

First Bank of Nigeria Limited has attributed its success story to innovations and reinvention of products and services aimed at satisfying customers’ needs and aspirations.

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