First Bank Stock News

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 The post First Bank Unveils Transact And Win Promo, Rewards Firstmonie Wallet Customers appeared first on City Business News .

First Bank of Nigeria, Nigerias multinational bank and financial services company in its latest financial report recorded the lowest profit in nine years while revenue plunged to a 5-year low in the first nine months of 2021. Here are some key takeaways from the report. Decline in profit First Bank recorded a 35 percent decline []

Tribune Online Otedola gets upper hand in shareholdings of FBN Holdings 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 per cent. This was disclosed in a letter to the bank by Mr Otedola dated December 9, 2021. The disclosure officially makes him the single largest majority shareholder of [] Otedola gets upper hand in shareholdings of FBN Holdings Tribune Online

Investors traded 2.630 billion shares worth N26.90 billion in 20,848 deals on the floor of the Nigerian capital market this week. This surpassed the 1.278 billion shares valued at N17.340 billion that exchanged hands in 21,052 deals last week. Top NGX performing sector The weeks top three performing sectors were the Financial Services Industry, [] The post NGX Roundup: Investors spend N26.90bn on stocks, First Bank, Sterling Bank top trades appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

Nigerias five biggest banks, First Bank, United Bank for Africa (UBA) Plc, Guaranty Trust Holding Company, Access Bank, and Zenith Bank ended the week on a high with the quintet netting N179.82 billion from the Nigerian capital market at the close of business. The five banks, popularly known as the FUGAZ, are the most capitalized [] The post GTCO shareholders pocket N75bn as Nigerias five biggest banks end the week on high appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

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%, according to Nairametrics and

Billionaire businessman Femi Otedola has reportedly acquired an additional 2.5 percent in First Bank Nigeria Holdings Plc. FBN Holdings is the parent company of First Bank of Nigeria (FBN). Naija News reports that with the latest acquisition, Otedola has become the single largest shareholder in the company. It was gathered that Otedolas stake has now [] This article was originally published on Naija 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