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Tag: FBN Holdings

First Bank restates commitment to support FMCG wholesalers
Business

FBN Holdings employee buys shares worth N28.8m

An employee of FBN Holdings Plc named Tolu Oluwole has purchased 1,600,000 shares for a total cost of N28.8 million. According to Nairametrics, a notification of Directors Dealings was sent to the Nigerian Exchange Limited and signed by Company Secretary Adewale Arogundade includes this information. The company reported that Tolu Oluwole bought 1,600,000 shares on August 23, 2023 at an […]

First Bank restates commitment to support FMCG wholesalers
Banking

FBN Holdings to raise additional capital

FBN Holdings Plc, a provider of financial services, has announced that it will raise new capital if shareholders approve at the group’s annual general meeting, which is set for next month. The Punch reported that this information was included in the group’s notice to shareholders of its 11th annual general meeting. The announcement stated that […]

First Bank restates commitment to support FMCG wholesalers
Banking

FBN Holding records 413% profit in Q3 2023

One of Nigeria’s biggest banks, FBN Holdings Plc, published its 2023 second-quarter results, indicating pre-tax profits increased by five times, to N150.1 billion (Q2 2022: N29.2 billion). Its half-year profit before tax increased by 213% to N206.2 billion from N65.8 billion during the same period the previous year due to the second-quarter profit growth. Details to come later…