First Bank Stock News

BENGALURU: Indian shares ended flat on Friday as gains in metal and auto stocks helped offset a fall in IT and pharma, while the rupee hit an 18-month low against the dollar ahead of US inflation data that is expected to boost the greenback. The blue-chip NSE Nifty 50 index ended 0.03% down at 17,511.30 and the benchmark S&P BSE Sensex fell 0.03% to 58,786.67. For the week, the Nifty has risen 1.8%, while the Sensex has gained 1.9%. The rupee ended the session at 75.77 per dollar after weakening to 75.85, its lowest since June 2020. The US consumer price index (CPI) report for November is due later in the day and a Reuters poll of economists expects it to have risen 6.8% year-on-year, accelerating from a 6.2% increase in October. "There are expectations tonight''s US CPI data will come higher than expected, acting as a catalyst to the dollar rally and making it a big fiscal and monetary concern," Emkay Global Financial Services said in a note. Indian shares end higher on bank, metals boost as Omicron jitters wane The Nifty metal index ended 0.52% higher, led by gains in Hindustan Copper and APL Apollo Tubes, up 5.7% and 4.6% respectively.

Adebayo Obajemu Sources close to First Bank have revealed that billionaire businessman, Mr Femi Otedola has recently acquired at least 2.5 per cent additional interest in First Bank Holdings, upping his total stake to 7.53 per cent. The business magnate who is the chair of Geregu Power Plc is said to have acquired a further []

Billionaire investor and chairman of Geregu Power Plant, Femi Otedola has announced an increase in his shareholdings of FBN Holdings, (First Bank parent company) to 7.57% This was disclosed in a press release sent to the Nigerian Stock Exchange on Friday, December 10, 2021. The disclosure officially makes him the single largest majority shareholder of []

Tussles for control of FBN Holdings, the parent company of First Bank, continues as an estimated 1.1 billion units of its shares were exchanged in the last 4 days, according to the companys stock exchanges trading engine. The data recorded by the company shows 128.8 million, 364 million, 441.9 million and 228.5 million shares were The article was originally published on Politics Nigeria .

Nigerias billionaire magnate and chair of Geregu Power Plc Femi Otedola has acquired a further interest in FBN Holdings Plc, the parent company of Nigerias oldest lender First Bank, an affirmation that the heated battle for the soul of the financial services group among its principal shareholders is not yet over. The post First Bank Holdings: Femi Otedola acquires more stake, becomes largest shareholder appeared first on TODAY .

Fixed deposit interest rates: Latest FD rates of SBI, IDFC First Bank and Post Office Moneycontrol.com

First Bank Nigeria (FBN) Holdings reported low turnover in three months period of third quarter 2021, as gross earnings and profit declined by 4.96 percent and 40.1 percent respectively. In the period between July to September 2021, FBN Holdings generated N427.03 billion, 4.96 percent below the N449.33 billion the lender reported for Q3 2020, its [] The post First Bank reports poor earnings, as revenue, profit drops appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

Acquisition includes approximately $101 million in deposits and $11 million of loans Acquisition includes approximately $101 million in deposits and $11 million of loans

Acquisition includes approximately $101 million in deposits and $11 million of loans Acquisition includes approximately $101 million in deposits and $11 million of loans

Tribune Online Winners emerge in JAN, First Bank national students competition Winners have emerged in the annual national student entrepreneurship contest, the National Company of the Year (NCOY) competition, recently held online, and jointly organised by the Junior Achievement (JA) Nigeria and First Bank Nigeria. According to the organisers of the contest, the aim of the competition was to give secondary school students the opportunity to [] Winners emerge in JAN, First Bank national students competition Tribune Online

Users of Firstmonie Wallet, the mobile-friendly wallet application by FirstBank are in for an exciting time as they are being rewarded for their continued patronage of its services in a two-month campaign, tagged Transact and Win promo which started on Monday 22, November 2021. Various prizes including, N10, 000.00 cash prizes, iPhone, standing fans, bags []

Premier Nigerian financial institution, First Bank Nigeria Limited, has launched a new campaign to reward the users of its digital wallet application, called FirstMonie. In a statement on Sunday, the lender said various prizes will be won, and the eligibility for entry is based on the frequency of the FirstMonie wallet. According to Mr. Chuma

There is always a lot to spend money on, and sometimes the bills cant wait for the salary to be paid, Tope complained when his wife informed him that they had run out of cooking gas and had to refill. Read on

Moodys Investors Service (Moodys), a global rating agency has affirmed the B2 long term deposit ratings of First Bank of Nigeria Limited thereby upgrading the banks outlook from Negative to Stable. Based on its decision, Moodys affirms that, First Banks B2 long-term deposit ratings reflect the affirmation of the banks b3 BCA and Moodys ongoing []

One of the most fascinating quotes of popular British business magnate and author, Sir Richard Brandson is that “A great business is simply an idea to make other people’s lives better.” This vital nugget aligns with a global view that a critical element of successful brands is the ability to beyond functional products benefits become […]