Political turbulence triggers more equity slump
Turbulence in the political arena has sparked massive dumping and induced sell pressure on the equity sector of the Nigerian Stock Exchange as stock market investors lost N257 billion...
NSE indices sustain sliding profile, down by N21 billion
Transactions on the floor of the Nigerian Stock Exchange (NSE), continued on a downward note yesterday, following price losses suffered by most blue chip stocks, causing market capitalisation to dip further by N21billion.
FBN Holdings post N595.4b gross earnings, N47.8b full year profit
For the full year ended December 31, 2017, FBN Holdings Plc has achieved gross earnings of N595.4billion, and Profit After Tax (PAT) of N47.8billion. Specifically, the bank’s audited result showed 2.3 per cent rise in gross earnings to N595.4billion, up from N581.8billion achieved in the corresponding period in 2016. Similarly, the bank’s PAT…
Community support in quest for a better society
Community support is a currency with which organisations can relate with their various stakeholders. It is a means of exchange for something needed. It transcends the hardware, which can be saved in banks and used in market places. Just as it is often physical, it can also be abstract – one that is deposited in…
Zenith Bank, FBN Holdings, others lift NSE’s turnover by N51.5b
Heavy transactions in the shares of some banks especially Zenith International Bank and FBN Holdings, last week, lifted the volume of shares traded, as a turnover of 1.852 billion shares worth N51.523 billion were recorded in 23,863 deals by investors on the floor of the Exchange. This volume of shares traded, was however higher…
Financial stocks contribute 76.8% to NSE volume
Also, traded during the week were a total of 1,156,439 units of Exchange Traded Products (ETPs) valued at N6.404million executed in 13 deals compared with 104,544 units valued at N11.506million transacted last week in seven deals.
Banker tasks youths in financial sector on discipline, others
The outgoing Company Secretary, FBN Holdings, Tijjani Borode, said this while sharing his 30-year experience in the banking industry with journalists in Lagos at the weekend.
FBN Holdings records 7.8% rise in revenue
FBN Holdings Plc has announced 7.8 per cent rise in gross earnings for the six months ended June 30, 2017.
FBN Holdings shareholders approve bank’s N7.18b total dividend
National Coordinator Emeritus, Independent Shareholders Association of Nigeria (ISAN), Sunny Nwosu, commended the company for declaring dividend in spite of the harsh operating environment.