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Renaissance Technologies LLC Sells 68,862 Shares of First Bank (NASDAQ:FRBA)

10:58am, Monday, 15'th Nov 2021 Dakota Financial News
Renaissance Technologies LLC trimmed its holdings in shares of First Bank (NASDAQ:FRBA) by 31.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 147,103 shares of the banks stock after selling 68,862 shares during the quarter. Renaissance Technologies LLC owned []
The Economic and Financial Crimes Commission (EFCC) has reportedly questioned the newly appointed Managing Director of First Bank of Nigeria Holdings Plc, Nnamdi Okonkwo, in connection with the alleged transfer of $153million to the bank by the Nigerian National Petroleum Corporation (NNPC). Sources said Okonkwo was invited by the commission to explain his role in [] The post EFCC reportedly grills First Bank new MD, Okonkwo, over Diezanis $153m appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

Newly Appointed First Bank MD, Nnamdi Okonkwo Interrogated EFCC

09:13am, Monday, 15'th Nov 2021 BizWatch Nigeria
The newly appointed Managing Director of First Bank of Nigeria (FBN) Holdings Plc, Nnamdi Okonkwo is facing interrogation by the Economic and Financial Crimes Commission (EFCC) BizWatch Nigeria has learned from those familiar with the matter. Although, details of the former Fidelity Bank Managing Directors arrest remains unclear as of last night, some sources stated that his interrogation is in connection with his role in the transfer of $153.3 million from the Nigerian National Petroleum Commission in favour of Diezani Alison-Madueke, Nigerias former petroleum minister. Continue reading Newly Appointed First Bank MD, Nnamdi Okonkwo Interrogated EFCC at BizWatchNigeria.Ng.

First Bank GMD, Nnamdi Okonkwo In EFCC Net Over $153m Fraud

08:24am, Monday, 15'th Nov 2021 Brand Spur Nigeria
The Group Managing Director (GMD) of First Bank of Nigeria Holdings, Nnamdi Okonkwo, has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC). Details of the report are still sketchy as at the time of this report but it was gathered that the former MD of Fidelity Bank Plc was detained by the []

FirstBank: Leveraging fintech for improved earnings

06:55am, Monday, 15'th Nov 2021 New Telegraph
Despite economic headwinds and other challenges significantly impacting the banking industry, First Bank has remained resilient across its business lines as it leads in promoting financial technology in Nigeria. CHRIS UGWU writes The microeconomic pressures and unrelenting regulatory adjustments have, to a large extent, constrained the margins of financial institutions in the country. []
The Nigerian capital market over-performed this week as investors traded 1.471 billion shares worth N20.941billion in 20,410 deals. This was in contrast |
Improving loan growth trends are likely to fuel stronger future profitability levels. Credit continues to a be a non-factor and the reserve level appears over funded.
First Bank (FRBA) CEO Patrick Ryan on Q3 2021 Results - Earnings Call Transcript

New Strong Buy Stocks for October 27th

11:25am, Wednesday, 27'th Oct 2021
PTR, ASB, IPAR, AYI, and FRBA have been added to the Zacks Rank #1 (Strong Buy) List on October 27, 2021.
First Bank (FRBA) delivered earnings and revenue surprises of 6.98% and 4.29%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
GGAL, FRBA, ICL, and CFB qualified the screen for breakout stocks for today.
HAMILTON, N.J., Oct. 01, 2021 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) invites participation in a conference call to discuss the Company's financial and operating performance during
HAMILTON, N.J., Aug. 27, 2021 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) today announced that the Kroll Bond Rating Agency (KBRA), a Nationally Recognized Statistical Rating Organizat
First Bank (FRBA) CEO Patrick Ryan on Q2 2021 Results - Earnings Call Transcript
First Bank (FRBA) delivered earnings and revenue surprises of 12.50% and 1.93%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
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