Browsing: FBN Holdings

FBN Holdings Plc climbed by more than 10% in the equities segment of the Nigerian Exchange, NGX, over a fresh rally that lasted for 4 out of five trading sessions last week. According to trading data from the NGX platform, Ticker: FBNH surged to N33 following an unusual volume of shares traded on the equities platform, reflecting its strong liquidity.

Crisis Rocks First Bank as Lavish Party Infuriates Femi Otedola Another internal crisis has rocked First Bank of Nigeria (CBN)…

Sell pressure on Nigerian banks, FCMB and FBN Holdings Plc, or FBNH, has dragged the equities market index downward.

FBN Holdings Plc’s market value fell by 8%, or about N79 billion, on the Nigerian Exchange as investors exited their position in the financial services company. This has brought its stock market price near its rights offer price.

FBN Holdings shareholders have approved a N14.358 billion total distributable dividend for financial year 2023 at the annual general meeting last week, the group said in a regulatory filing on the Nigerian Exchange.

FBN Holdings Plc’s N150 billion rights issue went live on Wednesday on the Nigerian Exchange Group’s (NGX) digital platform, NGX Invest, for subscription.

FBN Holdings Plc profit has increased by about 125% year on year to N526 billion in 12 months …

FBN Holdings Plc (Ticker: FBNH) has opened its rights issue, offering to sell 5.983 billion ordinary shares at 50k each to existing shareholders at N25 per share in a bid to raise additional capital totaling N150 billion.

After a lengthened delay, FBN Holdings Plc has scheduled its annual general meeting with shareholders to hold November 14 virtually to receive accounts

FBN Holdings Names Wale Oyedeji Group Managing Director FBN Holdings Plc has announced the appointment of Adebowale (Wale) Oyedeji as…