First Bank Stock News

Have more headroom to raise tier-2 capital and further improve capital adequacy, says V Vaidyanathan

The recent development indicates that Nifty could test the previous swing low placed at 16,410. The support derived from, upward sloping trend line, adjoining the weekly lows January 29, 2021 and April 23, 2021 also coincides with swing low of 16,410, says Vinay Rajani of HDFC Securities

Awosika, former chairman of First Bank, Iyinoluwa Aboyeji, former managing director of Flutterwave are among 15 speakers who would speak at the 2022 Agility Conference The virtual conference scheduled to take place from April 5th to 7th, 2022 is a regional scrum gathering themed ‘Agility for Competitive Advantage – Africa Time is Now.” The Organiser, Coach Aanu Gopald, speaking about the event promised participants to expect exciting and fully packed thought provoking sessions. He also assured that during the 2022 regional scrum gathering, individuals will be empowered, as well as get assistance and answers to concerns about how to create positive innovative disruptions in Africa. “The conference is in collaboration with the Scrum Alliance to bring together like-minded professionals in both private and public sectors from across the globe,” she said. “Each day features industry leaders, Agile and technology experts sharing their expertise on how to unlock the enormous potentials of Nigeria and Africa into an era of agility-driven growth, prosperity, economic development and pride,” she further said. “Those that are new to Agile, get ready for three days of disruptive ideas and ground-breaking insights as we bring together the most revolutionary minds on how Nigeria, Africa can innovate faster than any other continent in the world.” Read also: Future of work to take centre stage at 10X Thrive conference Gopald also announced that for Agile professionals attending the conference will earn Scrum Education Units (SEUs) that can be applied to Scrum Alliance and PMI certification renewal.

In recognition of the giant strides and efforts by Junior Achievement Worldwide – the parent body of Junior Achievement Nigeria and other Junior Achievement across 119 countries – in equipping young people to solve societal issues, whilst building an entrepreneurship mindset, Junior Achievement World Wide –– has been nominated for the 2022 Nobel Peace Prize. Asheesh Advani, CEO of JA Worldwide, shared his perspective in response to the nomination: “Peace is only possible when youth in all countries and regions have economic empowerment. JA Worldwide is honored to receive this nomination and will continue our work to enable all young people to have the skills and mindset to build thriving communities. Our primary hope for solving the world’s most complex problems rests in the young people of today who will be the leaders of tomorrow.” The nomination has received commendations from various individuals and corporate bodies across the world, especially those that have been partnering with Junior Achievement to promote self-sufficiency amongst the youth in their quest to making the world a better place.

The Minister of State, Ministry of Niger Delta Affairs, Donald Omotayo Alasoadura, yesterday, disclosed that the ministry is making relentless efforts in collaborating with the Central Bank of Nigeria … The post Ministry, First Bank seal N50bn funding pact on agriculture in N’Delta appeared first on The Guardian Nigeria News - Nigeria and World News .

In recognition of the giant strides and efforts by Junior Achievement Worldwide, the parent body of Junior Achievement Nigeria and other Junior achievement across 119 countries in equipping young people to solve societal issues whilst building an entrepreneurship mindset, has been nominated for the 2022 Nobel Peace Prize. Asheesh Advani, CEO of JA Worldwide, shared […]

First Bank (NASDAQ:FRBA) had declared $0.06/share quarterly dividend, in line with previous.Payable Feb. 25; for shareholders of record Feb. 11; ex-div Feb.

Private sector lender targets loan disbursements of 18-20 per cent in FY23

IDFC First Bank has raised Rs 1,500 crore through private placement of unsecured, subordinated, rated, listed, non-convertible, fully paid-up, taxable, redeemable Basel III compliant tier-2 bonds (in the nature of debentures) at a face value of Rs 1 crore each, the bank said in a release.

Mumbai, Feb 8 (IANS) IDFC First Bank on Tuesday said that it has raised Rs 1,500 crore through private placement of Tier-2 bonds. The lender issued ‘Unsecured, Subordinated, Rated, Listed, Non-Convertible, Fully Paid-Up, Taxable, Redeemable Basel III Compliant Tier 2 Bonds’ for a face value of Rs 1 crore each and said that these bonds […] The post IDFC FIRST Bank raises Rs 1,500 cr via private placement of Tier-2 bonds appeared first on Buziness Bytes .

LIC corners 60% of maiden issue

Capital raise to enhance capital adequacy of lender to 16.5 per cent

The bonds shall be redeemed in accordance with the terms of issue on its original maturity of 10 years

Heres a look at the key bond market deals on Monday.

Their debts to First Bank and Polaris Bank had been taken over by AMCON and their assets were subsequently seized to be resold. The post EFCC probes AMCONs sale of N144 billion properties seized from suspected oil thieves appeared first on Premium Times Nigeria .