First Bank Archives | Nairametrics

FirstBank Agric Expo sets to promote new agribusiness opportunities

Corporate Press Releases4 days ago

Our website not shut down – First Bank of Nigeria Plc

The management of First Bank of Ni has dismissed rumours alleging that its website was shut down.

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

Appointments6 days ago

First Bank CEO appointed into Bretton Woods Committee

First Bank CEO has been honoured with membership of Bretton Woods Committee (BWC).

Best performing global financial assets in the last 7 days, Many Nigerians are trooping into foreign stocks, Foreign Investors Ignore Nigerian Stocks rally, Global stocks become blockbusters, optimism rises for COVID-19 cure

Market Views1 week ago

Natural gas, Apple, First Bank among best performing assets in 7 days

An insight into the best-performing assets around the world in the last few days.

First bank, Dr. Adesola Adeduntan, CEO, FirstBank

Blurb2 weeks ago

First Bank is cutting inefficiencies and focusing on its strengths

While the bank has everything to be thankful for, care should still be taken towards driving its growth objective.

Global stocks sell-off persists as resurgence of COVID-19 frighten investors

Stock Market4 weeks ago

MTN Nigeria records gain, investors profit up by N42 billion

REDSTAREX led 9 Gainers as against 17 Losers topped by UBN at the end of today's session.

FUGAZ Banks, loans, loan, Access, Zenith, GTBank, top actively traded stocks on Monday , FUGAZ lead actively traded stocks as bourse ups 1.7%, Nigeria’s top 5 banks spent more than N40 billion on adverts in 2019

Company Results1 month ago

FUGAZ Banks revenue hits N1.57 trillion in H1, 2020

The revenue increase of these banks is attributable to a number of factors.

Nigerian Banks, Fitch, Nigerian banks tremble over Cyber attack

Financial Services1 month ago

First Bank tops as Nigerian banks record lower E-business income

The FUGAZ generated a sum of N67.3 billion from electronic business during their half-year 2020.

GTBank, Access Bank, others attract foreign investment worth $5.85 billion in Q1

Financial Services3 months ago

Nigeria attracts foreign investment worth $5.85 billion in Q1

The report also revealed the top 10 highest and lowest countries that invested in Nigeria.

Paid Content4 months ago

First Bank presents devices to Lagos towards driving 1 million students to e-learning

Bank has enabled over 10,000 free sign-ups to the Roducate e-learning platform.

Business News6 months ago

Updated: Gender Balance, looking at the board composition of top banks on the NSE

While the agitation for better representation continues, it is important to bear in mind that the issue is not merely about increasing the numbers but getting...