FBN Holdings
4 Dec
The Nigerian equities market, yesterday, reversed previous gains, as market capitalisation shed N19 billion, amid price depreciation in Aradel Holdings Plc and 28 stocks.
12 Nov
The Nigerian equities market reopened trading for the week on a positive note, yesterday, as market capitalisation gained N84 billion, occasioned by renewed bargain-hunting in Aradel Holdings Plc and 23 other stocks.
8 Nov
The top five banks in Nigeria have posted combined gross earnings of N12.7 trillion in nine months.The top five banks – FBN Holdings,
6 Nov
FBN Holdings Plc’s N150 billion rights issue has gone live on the Nigerian Exchange Group's (NGX) digital platform, NGX Invest. This rights issue, offered on a one-for-six basis to existing shareholders, is accessible through NGX Invest, providing a seamless digital channel for eligible investors to participate. At the “Facts Behind the Rights Issue” event held…
29 Oct
FBN Holdings PlxC has held the signing ceremony to commence the right issue offering of 5,982,548,799 ordinary shares
28 Oct
FBNHoldings Plc has opened its Rights Issue, offering 5.983 billion ordinary shares at 50 kobo each, priced at N25 per share, totaling N150 billion to existing shareholders. This offering is based on one new ordinary share for every six ordinary shares held as of Oct. 18. The Chairman of FBN Holdings, Mr. Femi Otedola, made…
14 Oct
The consumer index led the loser's chart at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 1.25 per cent, buoyed by depreciation in Guinness, International Breweries and Honeywell Flourmills.
12 Oct
To end the week, the stock market rebounded from previous losses, gaining N74 billion. Investor interest in MTN Nigeria, FBN Holdings, Guaranty Trust Holding Company (GTCO), and other equities lifted the market. Notably, the market capitalisation opened at N56.014 trillion, adding N74 billion or 0.13 per cent to close at N56.088 trillion. The All-Share Index…
31 Aug
Equity investors gained a total of N349 billion week-on-week, as the Nigerian Exchange Ltd.(NGX) market capitalization appreciated by 0.63 per cent to close the week. Specifically, the All-Share Index closed at 96,579.54 points, having opened at 95,973.45 points, while the market capitalization, which opened at N55.129 trillion, closed at N55.478 trillion. The positive performance was…
17 Aug
Justice Akintayo Aluko of a Federal High Court, Lagos, has restrained First Bank of Nigeria (FBN) Holdings Plc from conducting or hosting its 12th Annual General Meeting, scheduled for August 22, 2024, whether virtually or otherwise, pending the determination of a motion for interlocutory injunction filed by an aggrieved shareholder, Tohir Folorunsho Ismaila. The judge's…
30 May 2024
The Nigerian Exchange Limited (NGX) extended gains for the third consecutive session yesterday, as buying interest in Dangote Sugar Refinery
27 Apr 2024
Over the course of the week, investors on the Nigerian Exchange Ltd. (NGX) equities market lost a total of N784 billion, week-on-week.
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