FBN Holdings Plc
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
•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…
31 Aug 2023
FBN Holdings Plc has asked the Court of Appeal, Lagos Division, to nullify an ex-parte order granted by Justice Nicholas Oweibo of the Federal High Court, which stopped the bank’s Annual General Meeting (AGM). The company, in a notice of appeal filed on its behalf by its team of lawyers, led by Senior Advocate of…
16 Aug 2023
Shareholders of FBN Holdings Plc, yesterday, called for a peaceful resolution of the lingering tussle over the control of the bank to ensure sustainable growth, even as they endorse a total dividend of N17.9 billion...
11 Aug 2023
The struggle to control assets of Nigeria's oldest bank, FBN Holdings Plc, is not over as strong indications emerged, yesterday, that billionaire businessman and chairman of Geregu Power Plant, Femi Otedola, has acquired 110 million units of the bank's shares worth N2 billion in a fresh deal.
8 Aug 2023
In a new twist, aggrieved shareholders of FBN Holdings Plc, yesterday, stormed the bank's head office in protest against plans to cancel its forthcoming yearly general meeting (AGM).
13 Jul 2023
The crisis rocking FBN Holdings Plc’s share acquisition continues with the Chairman of Honeywell Group, Dr. Oba Otudeko, advising the Chief Executive Officer of the financial group, Nnamdi Okonkwo, to excuse himself from the controversy and concentrate on his “statutory duties.”
11 Jul 2023
Ecobank Nigeria Limited has written FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, to stay action on 4.77 billion shares allegedly purchased by the Chairman of Honeywell Group, Dr. Oba Otudeko, as ratifying it will amount to assisting the billionaire in fund diversion.
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