ANALYSIS: Shift in CBN forbearance is new chapter for Nigerian banks
As banks adjust to these measures, they may experience reduced profits, tighter liquidity, and a heightened need for provisions
As banks adjust to these measures, they may experience reduced profits, tighter liquidity, and a heightened need for provisions
Honeywell Flour Mills, Siloam Global Services Limited, Otudeko Obafemi Adedamola (managing director of Honeywell Group Limited), Oyeleye Foluke, FBN Holdings ...
Fees and other commissions climbed to N302.9 billion from N220.3 billion one year prior.
In a statement released by its communication advisor Michael Osunnuyi, Mr Onasanya dismissed the accusation as “baseless,” and “unfounded” noting ...
With regards to the reported claims, Dr Otudeko would like to clarify that he has never served in an executive ...
Mr Otudeko and Mr Alao also want billionaire Femi Otedola removed as a director of FBN Holdings.
The rights issue not only provides existing shareholders an opportunity to strengthen their holdings at a discounted price but also ...
A meeting convened by the board of directors will ask shareholders next month to, among other options, assent to a ...
This is not a buy, sell or hold recommendation but a stock investment guide.
The change applies also to the subsidiaries within the group, FBN Holdings remarked.
Sovereign Trust Insurance led the activity chart in volume with 2.50 billion shares, while UBA led in value, with deals ...
This is not a buy, sell or hold recommendation but a stock investment guide.
Investors are to receive their allotment by 27 January following approval from the Securities and Exchange Commission, while the new ...
The financial services group earned 164.6 per cent more in interest income compared to the same period of last year.
Mr Adebowale's appointment is subject to the approval of the Central Bank of Nigeria as well as the ratification of ...
Post-tax profit stood at N24.2 billion; it was N11.4 billion in the same period of last year.
The NGX market capitalisation, which opened at N56.635 trillion, lost N187 billion or 0.33 per cent to close at N56.448 ...
With his latest acquisition of shares, Mr Otedola's holdings now stand at 13.16 per cent.
In its preliminary objection on 22 August, FBN Holdings contended that the petitioner’s claims had been overtaken by time and, ...
FBN Holdings also listed its other entities and businesses not included in the sale.
The “sale is in alignment with the company’s strategy to optimise its portfolio within the group,” FBN Holdings said.
The 17.8 billion shares to be issued during the capital raise will increase the outstanding shares of the corporation by ...
The group's interest income for the period stood at N947.7 billion, compared to N371.1 billion a year ago, according to ...
The tax will help “fund capital infrastructural development, education and healthcare access as well as public welfare initiatives all of ...
Revenue for the period under review climbed to N80.7 billion, up by 32.5 per cent, according to its unaudited earnings ...
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