FBN Holdings – Page 2 of 3 – Prime Business Africa

Ecobank Warns FBN Holdings Not To Help Oba Otudeko Divert Funds

First Bank of Nigeria (FBN) Holdings has been told to reject Oba Otudeko’s bid to become the company’s largest shareholder, to avoid helping him divert funds, after he bought 4.77 billion shares. Otudeko informed FBN Holdings, the parent company of deposit money

July 11, 2023

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Business

CBN, NGX, SEC Fine First Bank, FBN Holdings N25.9 million For Aiding Fraudulent Dealings, Others

First Bank of Nigeria (FBN) Holdings and its subsidiaries were fined N25.9 million for fraudulent dealings and various contraventions, Prime Business Africa gathered. First Bank of Nigeria Limited, the subsidiary lender, was sanctioned by the Central Bank of Nigeria (CBN) for aiding

June 2, 2023

Wema Bank, BUA Cement, Others Cost Stock Market Investors N672bn

Business·Markets

Access Corp, FBN Holdings Top Trade, Stock Market Up N62.18 billion

The equity capitalisation of the Nigerian bourse increased by 0.21 per cent or N62.18 billion on Monday, 8 May, to close at N28.62 trillion, up from N28.56 trillion. The All-Share Index gained 114.21 basis points to rise from 52,465.31 ASI to 52,579.52 ASI. Investors

May 8, 2023

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

Business·FEATURES·Insights

Best Performing Tier-1 Nigerian Banks: Zenith Bank Underperforms, UBA Tops List

At the end of the second quarter of 2022, United Bank for Africa (UBA) was the best performing financial institution amongst the tier-1 banks in Nigeria, with Zenith Bank ranking bottom of the list. In an industry analysis of the tier-1 banks,

September 26, 2022

Business

World’s Largest Crypto Exchange, Binance, Appoints Nigeria’s Ibukun Awosika, 9 Others

Former First Bank of Nigeria (FBN) Holdings chairman, Ibukun Awosika, has joined the Global Advisory Board (GAB) of the largest cryptocurrency exchange, Binance, owned by Changpeng Zhao. Awosika was appointed into the cryptocurrency company more than a year after she was unexpectedly

September 22, 2022

Business·Insights

Femi Otedola, Other First Bank Investors Lose Over 7% Of Investment

The capital market investors have lost 7 per cent investments in First Bank of Nigeria Holdings. This is despite FBN Holdings finances experiencing a boost. Net profit of FBN Holdings grew by 48.6% in H1 2022, outperforming two corresponding periods in 2021,

August 23, 2022

Business

FBN Holdings Hit By Lawsuit, Ordered To Maintain Status Quo

First Bank of Nigeria (FBN) Holdings has been hit with an ex-parte order restraining the company to maintain status quo. The company informed its investors in a filing to the capital market authority. The ex-parte order was issued to prevent FBN Holdings

July 20, 2022

Business

FBN Holdings Appoints Julius Omodayo-Owotuga As Non-Executive Director

The management of First Bank Holdings Plc has appointed Julius B. Omodayo-Owotuga, deputy chief executive of Geregu Power Plc, as a non-executive director. Seye Kosoko, FBN Holdings’ company secretary, made this known in a statement posted on the Nigeria Exchange Limited (NGX)

February 1, 2022

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Business·Finance & Economy

Abdullahi Succeeds Babalola In FBN HoldCo Chairmanship

The Central Bank of Nigeria (CBN) has approved appointment of Alhaji Ahmad Abdullahi as non-executive director of First Bank Holdings Plc and Chairman of the company to replace Mr. Remi Balalola. The CBN’s Director for Corporate Communications, Osita Nwanisobi, disclosed late on

December 18, 2021

News

FBN Holdings MD Designate, Nnamdi Okonkwo Gets Baton Of Office

The immediate past head of Fidelity Bank, Nnamdi Okonkwo, who was recently appointed group managing director of FBN Holdings Plc has received the baton office to steer the ship of the company when the outgoing MD, U.K Eke finally bows out.

December 13, 2021

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FBN Holdings - Page 2

Ecobank Warns FBN Holdings Not To Help Oba Otudeko Divert Funds

CBN, NGX, SEC Fine First Bank, FBN Holdings N25.9 million For Aiding Fraudulent Dealings, Others

Access Corp, FBN Holdings Top Trade, Stock Market Up N62.18 billion

Best Performing Tier-1 Nigerian Banks: Zenith Bank Underperforms, UBA Tops List

World’s Largest Crypto Exchange, Binance, Appoints Nigeria’s Ibukun Awosika, 9 Others

Femi Otedola, Other First Bank Investors Lose Over 7% Of Investment

FBN Holdings Hit By Lawsuit, Ordered To Maintain Status Quo

FBN Holdings Appoints Julius Omodayo-Owotuga As Non-Executive Director

Abdullahi Succeeds Babalola In FBN HoldCo Chairmanship

FBN Holdings MD Designate, Nnamdi Okonkwo Gets Baton Of Office

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FBN Holdings - Page 2

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