Equities: A bullish run to start the year

Following a bearish run in 2019, with a negative return of 14.6%, the local bourse began the year on a ...

Zenith Bank, GTBank, Loan performance, Ease of doing business, Banks, SMEs, Businesses

Analysis: FUGAZ are back and investors are lapping it up

by Blurb Team @Nairametrics

January 10, 2020

It's just one full week of business at the Nigerian Stock Exchange and stocks are already 9.51% up, one of ...

FBN Holdings Plc, First Bank, FirstBank ‘VYBES’ Nigerians all through December, First Bank donates additional N1 billion to facilitate fight against COVID-19, FBNH: Growth in Non-Interest Income, reduced Impairment Charge support profit growth

Win a trip to Dubai, get cash back for transaction with your FirstBank Cards

by Abiola Odutola

December 23, 2019

It is raining promos with your FirstBank Cards this season. The Bank recently announced its Verve Card Reactivation Promo to ...

Zenith, Fidelity, FBN leads actively traded stock on Wednesday

by Samuel Oyekanmi

November 27, 2019

Zenith bank, Fidelity bank, First Bank of Nigeria Holding (FBNH), Transcorp and Chams Plc led the actively traded stocks on ...

With Firstbank’s Spark, Glad Tidings Echo For Less Privileged Children

by NM Partners

August 17, 2019

The visit to Wesley School for the Hearing Impaired was part of the 2019 CR&S Week activities by FirstBank. The ...

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). https://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

Reinventing First Bank through creativity and innovation

by NM Partners

August 9, 2019

For a financial institution of @FirstBankngr’s pedigree, it is not uncommon for its top managers to be creative and constantly ...

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

First Bank pledge financial support for oil and gas operators

by Fakoyejo Olalekan

February 12, 2019

First Bank of Nigeria Limited has promised operators in the oil and gas sector will continue to receive financial support that ...

Fitch revises outlook on FBNH to positive; affirms at ‘B-‘

by NM Partners

December 3, 2018

Fitch Ratings has revised the Outlook on the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH) and its ...

Mutual funds asset value poised to hit N400 billion before year end

by Uche Ndimele

October 17, 2017

Nigerian Mutual Funds assets have grown by limps and bounds for the last couple of years but it appears that ...

Tag: FBN