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Megabanks and regional lenders alike will see a boost from higher interest rates and potential loan growth in 2022, but may be challenged to extend their 2021 stock rally.
Shareholders continued to move their investments from the Nigerian stock market which crashed further by 0.03 percent on Thursday. With the sell pressure still on, the total value of investments in the capital market dropped from N22.05 trillion recorded on Wednesday to N22.04 trillion today. This impacted the All-Share Index, which slipped by 13.74 basis [] The post First Bank, Honeywell Flour among top losers as Nigerias capital market downtrend continues appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .
Despite the power tussle for the controlling shares of First Bank Holdings, the shares of the company were bullish in the 2021 period rising to N12.20 on December 21. The rush for FBH shares is coming amid the power struggle between current highest shareholder, Femi Otedola and second highest shareholder and the Chairman of First []

MTN Nigeria, Airtel, First Bank and GTCO make stocks-to watch-list

09:50am, Monday, 20'th Dec 2021 Ripples Nigeria
This weeks stocks watchlist consist of two Nigerian banks, First Bank Nigeria (FBN) Holdings and Guaranty Trust Holding Company. Also on the list are telecommunications companies, MTN Nigeria and Airtel. The companies featured on the watchlist due to their capital market activities and on-field. Ripples Nigeria stocks watchlist is a selection of stocks monitored for [] The post MTN Nigeria, Airtel, First Bank and GTCO make stocks-to watch-list appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

FirstBank unveils 2021 DecemberIssavybe calendar

05:51am, Monday, 20'th Dec 2021 Vanguard Nigeria
First Bank has unveiled the 2021 calendar of events for its yearly DecemberIssaVybe campaign. The post FirstBank unveils 2021 DecemberIssavybe calendar appeared first on Vanguard News .
The Chairman of FBN Holdings Plc, Mr. Remi Babalola has resigned. FBN Holdings made the disclosure in a notice seen by THE WHISTLER. The resignation of Babalola who was a former Minister of State for Finance is coming seven months after the CBN sacked the banks board led by Ibukun Awosika, the former Chairman in []

First Bank Unveils 2021 DecemberIssaVybe Campaign

05:14am, Sunday, 19'th Dec 2021 City Business News
In the spirit of providing enabling opportunities for families of its customers and other stakeholders to come together to celebrate, live better and achieve their dreams, FirstBank through its yearly DecemberIssaVybe campaign has unveiled the 2021 calendar of events. A statement The post First Bank Unveils 2021 DecemberIssaVybe Campaign appeared first on City Business News .

CBN Approves Appointment Of Ahmad Abdullahi As First Bank Chairman

09:49am, Saturday, 18'th Dec 2021 The Will Nigeria
December 18, (THEWILL) The Central Bank of Nigeria (CBN) has approved the appointment of Alhaji Ahmad Abdullahi as the non-executive director of First Bank Holdings Plc and chairman of the company to replace Remi Balalola. THEWILL reports that Babalola had on Friday resigned his position as chairman of FBN Holdings. His exit came after the [] The post CBN Approves Appointment Of Ahmad Abdullahi As First Bank Chairman appeared first on THEWILL NEWS MEDIA .

Abdullahi replaces Babalola as First Bank chairman

06:02am, Saturday, 18'th Dec 2021 Nigerian Tribune
Tribune Online Abdullahi replaces Babalola as First Bank chairman THE Central Bank of Nigeria (CBN) has approved the appointment of Alhaji Ahmad Abdullahi as the non-executive director of First Bank Holdings Plc and chairman of the company to replace Mr Remi Balalola. CBNs Director of Corporate Communications, Osita Nwanisobi, disclosed late on Friday that the bank had been duly notified of the resignation of [] Abdullahi replaces Babalola as First Bank chairman Tribune Online

Q2 2022 EPS Estimates for First Bank Reduced by Analyst (NASDAQ:FRBA)

12:40pm, Thursday, 16'th Dec 2021 Dakota Financial News
First Bank (NASDAQ:FRBA) Piper Sandler lowered their Q2 2022 earnings per share estimates for First Bank in a research note issued on Monday, December 13th. Piper Sandler analyst N. Cucharale now expects that the bank will post earnings per share of $0.41 for the quarter, down from their prior estimate of $0.42. Piper Sandler []

Otedola Buys Additional 200 million First Bank Shares for N2.3bn

07:04am, Thursday, 16'th Dec 2021 BusinessPost Nigeria
By Dipo Olowookere The silent underground battle for the control of FBN Holdings Plc, the parent company of First Bank of Nigeria (FBN) Limited, is getting more interesting by the day. A few weeks ago, two billionaires, Mr Femi Otedola and Mr Tunde Hassan Odukale, were in the news over who truly is the single []
The Chairman of Geregu Energy Group and billionaire businessman, Mr Femi Otedola has debunked speculations that he his interested in holding any board position in The post Otedola: I have no interest in holding any board position in FBN Holdings, First Bank appeared first on Vanguard News .
First Bank (NASDAQ:FRBA) Stock analysts at Piper Sandler dropped their Q4 2022 earnings per share estimates for shares of First Bank in a research note issued on Monday, December 13th. Piper Sandler analyst N. Cucharale now forecasts that the bank will post earnings of $0.42 per share for the quarter, down from their previous []

Private Advisor Group LLC Sells 1,448 Shares of First Bank (NASDAQ:FRBA)

09:16am, Wednesday, 15'th Dec 2021 Dakota Financial News
Private Advisor Group LLC lowered its holdings in First Bank (NASDAQ:FRBA) by 6.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,218 shares of the banks stock after selling 1,448 shares during the period. Private Advisor Group LLC owned approximately 0.11% []

Investors make N275.5bn as First Bank, Unity Bank lead trade

07:12am, Tuesday, 14'th Dec 2021 National Daily Nigeria
Investors at the Nigerian capital market pocketed N275.5 billion as the bourse continued its resurgence on Monday with First Bank and Unity Bank leading by trade volume. Unity Bank led the days trading with 48.31 million shares worth N20.44 million. Universal Insurance traded 21.10 million valued at N4.22 million. First Bank followed with 19.88 million The post Investors make N275.5bn as First Bank, Unity Bank lead trade appeared first on National Daily Newspaper .
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