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FBN HOLDINGS
news and analysis about fbn holdings
The Nigerian All-Share Index (ASI) closed on a positive note today, gaining 596.34 points as market sentiment turned bullish.
The Nigerian job market is characterized by a dynamic interplay of opportunities and challenges, continually evolving due to the efforts of key players across various industries.
Like the biblical fox who rushes through farmlands with a torch to its tail, burning down the harvest, this journey through the financial system has allegedly seen institutions scorched by the molten fingers of a reckless push.
The Central Bank of Nigeria (CBN) and FBN Holdings Plc have asked a Federal High Court in Lagos to dismiss a lawsuit brought by investment firm Barbican Capital Ltd.
The Chairman of FBN Holdings and acclaimed strongman of the financial and capital markets, Femi Otedola has thrown his weight behind the implementation of a windfall tax, emphasizing its importance in creating a more equitable economic environment.
The Nigerian banking industry is one of the most lucrative business sectors in the economy, playing a pivotal role in driving growth and development in Nigeria’s economic landscape.
Nigerian billionaire, Femi Otedola, the Chairman of FBN Holdings has regained his position as the majority shareholder of...
Femi Otedola has filed a notice of discontinuance in his case against Zenith Bank
Femi Otedola, chairman of FBN Holdings and principal owner of Geregu Power, has levelled serious accusations against Zenith Bank, alleging fraud and mismanagement in dealings involving his former company, Zenon Petroleum & Gas, and other related firms, according to a report by Premium Times.
After an impressive financial performance in 2023, banks have continued to record impressive figures in the first quarter of the year.
Commercial banks spent a total of N799.8 billion on staff salaries in 2023, representing a 44.3% increase when compared to the N554.2 billion spent in the previous year.
The Nigerian equities market witnessed a downturn this week, as the NGX All-Share Index (NGXASI) declined by 0.52% week-on-week (WoW) to settle at 97,612.51 points.