FBN Holdings PLC has announced the appointments of two Independent Non-Executive directors and a Non-Executive director.
FBN Holdings Plc recorded a 29% Y-o-Y decline in its PBT for Q4 2020.
In line with the provisions of the NSE, FBN Holdings has announced the appointment of three individuals as Directors.
The All-Share Index and Market Capitalization appreciated by 7.46% to close the week at 36,804.75 and N19.236 trillion respectively.
FBN Holdings' profit was boosted by high trading income coupled with a lower operating expense.
Twenty-eight (28) equities depreciated in price, lower than thirty-one (31) equities in the previous week.
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This was triggered by buying pressures from institutional investors on blue-chip stocks.
The fresh equity capital injection is coming on the heels of FBN Holdings' recent divestment from FBN Insurance.
Insiders are prohibited from trading a company's stock during a closed period.