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FBN HOLDINGS
news and analysis about fbn holdings
FBN Holdings Plc, the parent company of FirstBank, has released its audited financial statements for the year ended December 2023.
FBN Holdings oldest has appointed five new directors, with intimidating resume's, for its HoldCo and Bank.
For the first time since listing, Transcorp Power share price declined, as it recorded a marginal 0.03% loss to close at N382.90 from yesterday’s N383.00.
The market capitalization of the Nigerian Stock Exchange (NSE) increased significantly by N227 billion to settle at N56.31 trillion, indicating a strong demand from investors.
FBN Holdings has posted its unaudited condensed financial statements for FY 2023. The group posted a profit before tax of N362.24 billion during the year, marking a 129% growth from the N157.90 billion reported in FY 2022.
The share price of FBN Holdings crossed the N1 trillion market capitalization on Wednesday.
As per the financial reports spanning January to September 2023, Nigerian banks are poised to surpass their anticipated profit margins for the year.
Tolu Oluwole, an employee of FBN Holdings Plc has sold 1,600,000 units of shares in the company worth N28.8 million.
FBN Holdings Plc, a notable name in Nigeria's financial landscape, announced today the appointment of Mr. Olufemi Otedola, CON, as its Non-Executive Director.
Nigerian banks recorded N96.483 billion in e-business revenue in Q1 2023, a 23.84% increase from the previous quarter.
The market capitalization of the top five banks in Nigeria, otherwise known as the tier-1 banks or FUGAZ, appreciated by 10.48% to close the week at N3.01 trillion.
Thirteen listed Nigerian banks paid the N291 billion as wages and salaries to their staff in the first half of the year, an 11.8% increase, compared to N260.36 billion recorded in the corresponding period of last year