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Business

FBN Holdings shareholders approve name change to First Holdco Plc

First Bank of Nigeria (FBN) Holdings Plc has announced that its shareholders have given the green light for a name change to First Holdco...

Business

FBN Holdings To Surpass CBN’s N500bn Recapitalisation, Targets N730bn

The Group Managing Director of FBN Holdings, Nnamdi Okonkwo, has announced plans to bolster Nigeria’s oldest banking group to a N730bn capital base by...

Business

FBN Holdings appoints Adebowale Oyedeji, ex-Nova Bank MD as GMD

FBN Holdings Plc has appointed Adebowale Oyedeji as its group managing director (GMD).The notice of the appointment was contained in a corporate disclosure notice...

Business

Otedola increases stake in FBN Holdings to 11.64% with fresh 797m shares

A few days after Femi Otedola acquired 863m shares of FBN Holdings to become the single largest shareholder of the financial services giant, the...

Business

Again, Otedola splashes N183m on additional FBN Holdings shares

Billionaire businessman, Femi Otedola, has again splashed N183m on additional shares in FBN Holdings to further increase his stake in the company.The fresh acquisition...

Business

FBN Holdings moves to raise N300bn through private placement, rights issue

First Bank Nigeria (FBN) Holdings has announced plans to sell shares to private investors and existing shareholders to raise N300 billion.This was contained in...

Business

First Bank Confirms Illegal Withdrawal Of N68m From Italy-Based Female Customer’s Account

First Bank of Nigeria has admitted that N68m belonging to Italy-based customer, Glory Omokaro was withdrawn from her account.The bank admitted the fraud case...

Business

FBN Holdings, Tantalizer and Transcorp are stocks to watch

Trading activities return to the Nigerian stock market this week and some of the stocks to watch are First Bank Nigeria (FBN) Holdings, Tantalizer...

Business

FBN Holdings’ investor relations head, Tolu Oluwole, sells off shares, shareholders suffer losses

The Head, Investor Relations, First Bank Nigeria (FBN) Holdings Plc, Tolu Oluwole, has sold off his shares in the financial institution amid a drop...

Business

Otudeko, Otedola, Odukale lose N24bn in one week, as investments in FBN Holdings drop

The largest and majority investors in FBN Holdings, Oba Otudeko, Femi Otedola and Tunde Hassan-Odukale lost a whopping N24.64 billion in one week.Their loss...

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