FBN Holdings Plc
7 Nov
FBN Holdings Plc has announced that 9.85 per cent of the capital raised, approximately N14.73 billion, would be channelled toward upgrading
23 Sep
The positive reaction to the latest inflation data, which moderated for the second consecutive month to 32.15 per cent in August 2024, has triggered renewed bargain hunting in many blue-chip stocks, causing the All-share index and market capitalisation to appreciate
12 Aug
For the first time in several months, the banking index led the gainers' chart on the Nigerian Exchange Limited (NGX) with 5.1 per cent, following 14.7 per cent, 9.8 per cent and 7.9 per cent price appreciation recorded by United Bank for Africa PLC (UBA) Plc, FBN Holdings Plc and Zenith Bank Plc last week.…
2 Aug
•Four operators spend over $500m to purchase aircraft Chairman of FBN Holdings Plc, Femi Otedola, has revealed that Nigerian banks spend an estimated $50 million yearly to maintain private jets. He said that over $500 million has so far been spent on purchasing nine private jets by four banks. Otedola, who made the revelations in…
19 Feb
Three bank stocks – United Bank for Africa Plc (UBA), FBN Holdings Plc and Guaranty Trust Holding Company Plc – (measured by volume) dominated activities in the equities sector of Nigerian Exchange Limited ...
1 Feb
The struggle to control assets of Nigeria’s oldest bank, FBN Holdings Plc, seems to be over as the bank yesterday, name billionaire businessman and chairman of Geregu Power Plant, Femi Otedola new Chairman of the Board of Directors.
7 Dec 2023
•FUGAZ shares rise by 136% in one year FBN Holdings Plc broke the N1 trillion capitalisation ceiling at the end of yesterday’s trading after its stock surged by close to 10 per cent for the third consecutive session to settle for N29.40 kobo. With yesterday’s rally, the premier bank has joined Zenith Bank and GTCO…
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The Supreme Court on Friday struck out a suit by the governments of the 36 states of the federation, seeking to among others, compel the Federal Government to account for its earnings from the sale of liquefied natural gas, natural gas liquids and related products since 1999.
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Across Lagos State, there are several manholes but many of there covers have disappeared, thereby, endangering commuters and motorists plying the roads.From Oshodi to Ikeja, Alausa, Marina, Lagos Island to Abule Egba, Anthony, Ikorodu Road to Surulere
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A recent forecast by Statista has revealed that 13 per cent of all sales that would be done in Nigeria by 2026 will be conducted online. This shows the digital space in Nigeria is flourishing, with internet penetration currently at 55 per cent and poised to grow steadily.
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To build business resilience, support the growth and survival of entrepreneurs, the Rose of Sharon Foundation (RoSF) in partnership with Bosworth Marketing consulting recently held a two-day business clinic, tagged ‘Carving the Path to Business Success and Resilience’.
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In a bid to enhance Nigeria’s economic landscape, Wema Bank has empowered no fewer than 40 Small and Medium Enterprises (SMEs) through its pioneering Wema Export Trade Academy.
39 mins ago
The word “retreat” is rooted in a Latin word ‘retrahere,’ which means “to draw back” or to take a step backward in order to be equipped for better productivity.
42 mins ago
Red House, on Thursday, dominated the field at Jibowu High School’s yearly inter-house sports competition held at Nigerian Army Sports Centre, Morocco, Igbobi, Lagos.
43 mins ago
The Brand Journalist Association of Nigeria (BJAN) will host its annual Brands and Marketing Conference on December 6, 2024, at Lagos’ Oriental Hotel, with the event commencing at 10 am.
44 mins ago
The first thing that came to T4T’s mind when he saw the video of those soldiers beating up a man and his partner over what looked like a road rage incident was, so, Nigeria have such ‘brave’ and fierce soldiers, and we have not won the war against Boko Haram terrorists and bandits