First Bank Nigeria Archives

Coronavirus1 month ago

Lagos launches N5 billion support fund for 2,000 low-cost private schools

The Governor said the facility will benefit low-cost schools with amounts ranging from N500,000 to N5 million.

Companies5 months ago

CFOs of FUGAZ and their 3-year performance record

CFO is to ensure that the company is highly profitable so that no matter how high it’s share price might be, if listed on the floor...

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

Paid Content1 year ago

FirstBank Spotlighting Opportunities in the Agriculture Value Chain

In 2017, the Nigerian agriculture sector witnessed a revolutionary discourse on the economic benefits of sustainable agriculture value-chain as an alternative source of economic development and...

First Bank, Global transactions get easier with Firstbank’s Card Offerings

Companies1 year ago

First Bank convenes digital lab open house, reinforces digital reinvention in banking

In an effort to stimulate innovation through synergy, First Bank of Nigeria Limited hosted the Digital Lab Open House on Wednesday, 31 July 2019 at its...

First Bank Nigeria, First Bank branches in Nigeria, First Bank revenue, First Bank financial statement

Business News1 year ago

Uproar as policemen assault customer inside banking hall

@FirstBankngr has reacted to heavy criticism from Nigerians who accused the bank of aiding police brutality of a customer inside the banking hall in Lekki area...

Nairametrics

All posts tagged "First Bank Nigeria"

Lagos launches N5 billion support fund for 2,000 low-cost private schools

CFOs of FUGAZ and their 3-year performance record

FirstBank Spotlighting Opportunities in the Agriculture Value Chain

First Bank convenes digital lab open house, reinforces digital reinvention in banking

Uproar as policemen assault customer inside banking hall