Financial Services industry dominates trading at Nigerian bourse - Journalducameroun.com

Financial Services industry dominates trading at Nigerian bourse    Journalducameroun.com - English Published on 20.07.2019 at 14h21 by APA News. Share. The Financial Services industry led the activity chart this week on the floor of the Nigerian Stock ... read more

FBNH Exercises Option To Call Its US450m 8% Subordinated Notes Due July 2021

FBNH Exercises Option To Call Its US450m 8% Subordinated Notes Due July 2021    Proshare Nigeria Limited FBN Holdings intends to exercise its option to redeem the fixed rated subordinated note held by FBN Finance Company B.V. Accordingly, FBN Finance ... read more

Stock market extends decline, investors lose N708bn

Stock market extends decline, investors lose N708bn    The Punch Feyisayo Popoola The stock market extended its losing streak on Thursday as it shed N87bn, bringing the total losses to N708bn in seven days. The... read more

FBNQuest’s initiative supports widows, others

FBNQuest’s initiative supports widows, others    The Nation Newspaper In line with its commitment to foster social impact and sustainable development in Nigeria, FBNQuest Merchant Bank, the investment banking. read more

Nigerian bourse trades 988.491m shares worth over $45m - Journalducameroun.com

Nigerian bourse trades 988.491m shares worth over $45m    Journalducameroun.com - English Published on 13.07.2019 at 13h21 by APA News. Share. A total turnover of 988.491 million shares worth N13.839 billion ($45.455 million) in 16,414 deals were ... read more

FBNQuest Spark Initiative deepens CSR

FBNQuest Spark Initiative deepens CSR    The Nation Newspaper FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc has announced a SPARK initiative, read more

Investors jittery as losses rise to N1.31tr

Investors jittery as losses rise to N1.31tr    The Nation Newspaper Many investors are in jitters as sustained losses depressed the share prices of most quoted companies to their lowest values in more than a year. read more

Investors lose N93bn as market cap drops below N13tn

Investors lose N93bn as market cap drops below N13tn    The Punch Feyisayo Popoola. Investors lost N93bn on Tuesday as the market capitalisation of equities listed on the floor of the Nigerian Stock Exchange dropped below the ... read more

FBN Holdings Plc. Reports Gross Earnings of N145.8bn in Q1 2019

FBN Holdings Plc. Reports Gross Earnings of N145.8bn in Q1 2019    Proshare Nigeria Limited FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the “Group”) today announces its unaudited results for the three months ended 31 March 2019. read more

Persistent free fall in share prices drags index further by 2.41%

Persistent free fall in share prices drags index further by 2.41%    Guardian Nigeria The sustained bearish sentiment, leading to selloffs in the most capitalized stocks, continued to take tolls on the benchmark All-Share Index (ASI) of the Nigerian ... read more

FBN Holdings profit rose by 31.4%

FBN Holdings profit rose by 31.4%    The Punch Nike Popoola FBN Holdings Plc has said its profit after tax rose by 31.4 per cent to N59.7bn at the end of December 2018, from N45.5bn in the corr... read more

Shareholders approve FBN Holdings’ N9.33bn dividend payment

Shareholders approve FBN Holdings’ N9.33bn dividend payment    The Punch Shareholders of FBN Holdings Plc have approved a dividend payment of 26 kobo per 50 kobo ordinary share, which amounts to N9.33bn for the 2018 fina... read more

Edited Transcript of FBNH.LA earnings conference call or presentation 26-Apr-19 2:00pm GMT

Edited Transcript of FBNH.LA earnings conference call or presentation 26-Apr-19 2:00pm GMT    Yahoo Finance Q4 2018 & Q1 2019 FBN Holdings PLC Earnings Call. read more

Nigeria Has a New Biggest Bank After Access-Diamond Deal

Nigeria Has a New Biggest Bank After Access-Diamond Deal    Bloomberg Access Bank Plc is now Nigeria's biggest lender after its takeover of Carlyle Group LP-backed Diamond Bank Plc. Lagos-based Access leapfrogged FBN ... read more

Nigerian Stock Exchange rakes in 660.844 million shares for the week

Nigerian Stock Exchange rakes in 660.844 million shares for the week    Political Analysis South Africa The Financial Services industry led the activity chart this week on the floor of the Nigerian Stock Exchange (NSE) with 660.844 million shares valued at N5.735 ... read more

NSE Hosts 6th Corporate Challenge, Donates N20million to Tackling Cancer in Nigeria

NSE Hosts 6th Corporate Challenge, Donates N20million to Tackling Cancer in Nigeria    Proshare Nigeria Limited The Nigeria Stock Exchange (NSE) donated N20million to support the early detection and treatment of cancer in the country. read more

Nigeria in 1min: Economic, Business and Financial Headlines – 270619

Nigeria in 1min: Economic, Business and Financial Headlines – 270619    Proshare Nigeria Limited Middle East Tensions Move Oil Prices Higher – OIR 250619 - Today, we will take a quick look at some of the critical figures and data in the energy markets this ... read more

FBNQuest Proposed Transfer of FBNQuest Trustees Limited to FBN Holdings Plc

FBNQuest Proposed Transfer of FBNQuest Trustees Limited to FBN Holdings Plc    Proshare Nigeria Limited This is to notify the Exchange and our stakeholders that FBNQuest Capital (a subsidiary of FBN Holdings PIc) has passed a resolution for a business ... read more

FBNH Holds 7th AGM; Shareholders Laud FY2018 Financial Performance; Approves 26k Dividend

FBNH Holds 7th AGM; Shareholders Laud FY2018 Financial Performance; Approves 26k Dividend    Proshare Nigeria Limited FBN Holdings Plc today hosted its 7th Annual General Meeting in Lagos, where shareholders commended the board and management for an improved FY 2018 ... read more

UK Eke: Accolade For A Renown Banker

UK Eke: Accolade For A Renown Banker    Leadership Newspaper UK Eke: Accolade For A Renown Banker The group managing director, FBN Holdings, Mr. Urum Kalu Eke also known as UK Eke has continued to create a ... read more

FBN Holdings to intensify effort on loan recovery, forestall new NPL

FBN Holdings to intensify effort on loan recovery, forestall new NPL    Vanguard FBN Holdings Plc has said it would intensify effort to recover all outstanding legacy loans as well as lsothe financial year ended December 31, 2018. read more

FBN Holdings Plc H1 2018 Conference Call and Earnings Presentation - The Key Takeaways

FBN Holdings Plc H1 2018 Conference Call and Earnings Presentation - The Key Takeaways    Proshare Nigeria Limited FBN Holdings Plc held its H1 2018 Investors and Analyst Conference Call Earnings Presentation. Proshare NG participated along with leading market analysts ... read more

Akwari’s lens unveils Abiriba heritage

Akwari’s lens unveils Abiriba heritage    The Nation Newspaper The rich cultural heritage of an ancient Igbo ethnic group, Abiriba, in Abia State, came alive at the Thought Pyramid Art Centre, Ikoyi. read more

Raising global banks with higher capital

Raising global banks with higher capital    The Nation Newspaper In April, a voice seeking higher capital for banks sounded loud and clear from a distant land. It was at the Spring meetings. read more

Investors lose N94 billion on NSE

Investors lose N94 billion on NSE    Premium Times Transactions on the Nigerian Stock Exchange (NSE) maintained negative slide for the second trading day of the month with investors' net worth dropping by N94 ... read more

Airtel share falls 10% on high stock price

Airtel share falls 10% on high stock price    Guardian Nigeria At the close of transactions yesterday, Airtel Africa Plc shares, which opened at N363 shed N39.30 or 10 per cent to close at N359.40 per share. read more

CBN's new lending policy puts 7 banks under pressure

CBN's new lending policy puts 7 banks under pressure    Vanguard Nigeria News - A TOTAL of seven leading deposit money banks, DMBs, may now be under pressure to beef up their loan portfolio following a recent directive. read more

Investors Lose N94bn On NSE, As Market Capitalisation Drops To N12trn Mark

Investors Lose N94bn On NSE, As Market Capitalisation Drops To N12trn Mark    Leadership Newspaper Transactions on the Nigerian Stock Exchange (NSE) maintained negative slide for the second trading day of the month with investors' net worth dropping by N94 ... read more

FBN Holdings mulls foreign listings as First Bank clocks 125

FBN Holdings mulls foreign listings as First Bank clocks 125    Daily Trust One of Nigeria's oldest financial institutions, First Bank Plc, has disclosed that it is considering going public in other countries. This came as the institution ... read more

FBN Holdings Plc - Regaining its Mojo; Upgrade to Strong BUY

FBN Holdings Plc - Regaining its Mojo; Upgrade to Strong BUY    Proshare Nigeria Limited Across our Tier 1 banking universe, we beam our spotlight on FBN Holdings (FBNH). The bank trades at a P/B of 0.7x compared to peer average of 1.4x, and its ... read more

FBN Holdings Plc FY 2017 and Q1 2018 Conference Call and Earnings Presentation - The Key Takeaways

FBN Holdings Plc FY 2017 and Q1 2018 Conference Call and Earnings Presentation - The Key Takeaways    Proshare Nigeria Limited FBN Holdings Plc held its FY 2017 and Q1 2018 Investors and Analyst Conference Call Earnings Presentation. Proshare NG participated along with leading ... read more

FBNH Declares N59.74 bn PAT in 2018 Audited Result,(SP:N7.80k)

FBNH Declares N59.74 bn PAT in 2018 Audited Result,(SP:N7.80k)    Proshare Nigeria Limited FBN Holdings Plc, Banking company in Financial Services sector announced 7.5% Interest Income decline in Q4'18 Result. read more

Nigeria Softens Rules Shielding Banks From Wireless Rivals

Nigeria Softens Rules Shielding Banks From Wireless Rivals    Bloomberg Nigeria is preparing rules that will allow wireless carriers to transfer cash, softening a previous policy that protected the turf of banks in Africa's most populous ... read more

FBNQuest Merchant Bank awarded best sukuk house

FBNQuest Merchant Bank awarded best sukuk house    Vanguard FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has emerged winner of the Best Sukuk House ... read more

FBNQuest strengthens investor confidence through compliance with GIPS

FBNQuest strengthens investor confidence through compliance with GIPS    Vanguard FBNQuest Asset Management, a subsidiary of FBNQuest Merchant Bank and part of the FBN Holdings Plc group, announces compliance with the Global ... read more

First Bank Nigeria Sees Faster Growth Buoying More Lending

First Bank Nigeria Sees Faster Growth Buoying More Lending    Bloomberg Nigeria's biggest bank by revenue expects lending to accelerate and bad debts to drop this year as growth in Africa's largest economy picks up. read more

FBN Holdings Plc - Remediating the past, reinvigorated to unlock value

FBN Holdings Plc - Remediating the past, reinvigorated to unlock value    Proshare Nigeria Limited Following our meeting with the Chief Executive Officer of First Bank Nigeria & Subsidiaries and consequently a detailed understanding of the bank's medium ... read more

Meet the owners of MTN Nigeria and their stakes in the ICT firm

Meet the owners of MTN Nigeria and their stakes in the ICT firm    Pulse Nigeria The owners of MTN Nigeria revealed. MTN Nigeria's listing memorandum document seen by Business Insider SSA by Pulse shows that Nigerian billionaire, ... read more

FBN Holding Plc outlines robust 2017-2019 strategy at its 5th AGM

FBN Holding Plc outlines robust 2017-2019 strategy at its 5th AGM    Proshare Nigeria Limited Nigeria's largest financial institution FBN Holdings Plc at its 5th Annual General Meeting in Lagos, outlined a robust financial services strategy that will cover the ... read more

Fitch Revises Outlook on FBNH to Positive; Affirms at 'B-' - african

Fitch Revises Outlook on FBNH to Positive; Affirms at 'B-'    african-markets.com Fitch Ratings has revised the Outlook on the Long-Term Issuer Default Ratings (IDR) of FBN Holdings Plc (FBNH) and its primary operating company, First Bank ... read more

Bank stocks see biggest fall in 20 months

Bank stocks see biggest fall in 20 months    The Punch Feyisayo Popoola with agency report The Nigerian banking stocks slumped the most since June 2016 a day after the re-election of President Muhammad... read more

FBN Holdings shares fall after 178.8% profit growth

FBN Holdings shares fall after 178.8% profit growth    Vanguard By Nkiruka Nnorom The shares of FBN Holdings Plc fell by 8.96 percent at the close of trading today despite 178.8 percent growth in its Profit After Tax, PAT, ... read more

As T (TMUS) Share Value Rose, Shareholder Dnb Asset Management As Raised Stake

As T (TMUS) Share Value Rose, Shareholder Dnb Asset Management As Raised Stake    The MAK Daily Investors sentiment decreased to 1.02 in 2019 Q1. Its down 0.28, from 1.3 in 2018Q4. It fall, as 50 investors sold TMUS shares while 161 reduced holdings. 60. read more

FBNH Declares N13.5bn PAT in Q2 2018 Results,(SP:N10.00k)

FBNH Declares N13.5bn PAT in Q2 2018 Results,(SP:N10.00k)    Proshare Nigeria Limited FBN Holdings Plc, Banking company in Financial Services sector announced 1.6% Gross Earning growth in Q2'18 Results. read more

FBNQuest Merchant Bank reports N6.17bn profit

FBNQuest Merchant Bank reports N6.17bn profit    Punchng Stanley Opara FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, has declared a profit before tax of N... read more

Banks, others pay N578.114bn dividends to shareholders

Banks, others pay N578.114bn dividends to shareholders    The Punch Fifty companies, including banks, listed on the Nigerian Stock Exchange have issued dividends to their investors, although the payments were descri... read more

Nigeria Stock Exchange Buoyant After MTN Listing - AllAfrica

Nigeria Stock Exchange Buoyant After MTN Listing    AllAfrica - Top Africa News The Nigerian Stock Exchange (NSE) has welcomed MTN Nigeria's listing as a promising development in the country's telecommunications sector and ... read more

FBN Holdings announce new appointments

FBN Holdings announce new appointments    P.M. News FBN Holdings on Tuesday announced the appointment of Mr Olawale Ariyibi as Chairman of the Board, FBNQuest Capital Ltd; and Mr Tijanni Borodo as ... read more

First Bank - Mixed Performances Amidst Impressive Top Line Growth

First Bank - Mixed Performances Amidst Impressive Top Line Growth    Proshare Nigeria Limited FBNH released its H1'18 results, reporting an improvement on the unconvincing start from Q1'18. Top and bottom line both came in ahead of our estimates with ... read more

Kosoko is FBNHoldings new Company Secretary

Kosoko is FBNHoldings new Company Secretary    Daily Trust FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval. Tijjani Borodo, the out-going ... read more

FBNQuest Asset Management highlights investment opportunities

FBNQuest Asset Management highlights investment opportunities    Punchng FBNQuest Asset Management, a subsidiary of FBN Holdings Plc, has announced the commencement of an investment awareness campaign tagged, ... read more

FBNH, Diamond Bank, others miss annual results deadline

FBNH, Diamond Bank, others miss annual results deadline    Punchng 'Femi Asu FBN Holdings Plc, Diamond Bank Plc, Linkage Assurance Plc and International Breweries Plc on Wednesday gave the reasons for the delay in... read more

The most valuable companies by market cap in Nigeria in 2018

The most valuable companies by market cap in Nigeria in 2018    Pulse.com.gh Business Insider SSA by Pulse looks at the economic activities of large-cap stocks on the Nigerian market and brings to you the top 10 valuable companies by ... read more

Meet the 7 most powerful women in Nigeria's financial industry

Meet the 7 most powerful women in Nigeria's financial industry    Pulse Nigeria Business Insider Sub-Saharan Africa looks at the 7 most powerful women in Nigeria's financial industry. Business magnate and CEO Chair Centre; Ibukun ... read more

Investors lose N713bn in April as stock market tumbles

Investors lose N713bn in April as stock market tumbles    The Punch Feyisayo Popoola Investors in the nation's stock market lost N713bn in April as the stock market declined further, recording a N135bn loss on Tues... read more

Stock market opens week with N221bn gain

Stock market opens week with N221bn gain    The Punch Feyisayo Popoola The nation's stock market opened the week with a N221bn gain on Monday as it sustained the positive momentum witnessed since Thur... read more

Fitch Revises 4 Nigerian Banks' Outlook to Negative; Affirms 10 IDRs

Fitch Revises 4 Nigerian Banks' Outlook to Negative; Affirms 10 IDRs    Reuters The following statement was released by the rating agency) Link to Fitch Ratings' Report: Fitch Affirms Ratings on 10 Nigerian Banks - Rating Action Report ... read more

MTN Nigeria borrows another N200 billion from 7 local banks - the 8th syndicated loan since 2001

MTN Nigeria borrows another N200 billion from 7 local banks - the 8th syndicated loan since 2001    Pulse Nigeria MTN Nigeria Communications Plc signs a new 7-year N200 billion Medium Term Facility with a consortium of seven local banks; The loan facility, MTN Nigeria ... read more

‘FBN Holdings unaffected by CBN’s dividend directive’

‘FBN Holdings unaffected by CBN’s dividend directive’    Guardian Nigeria FBN Holdings, the parent company of First Bank of Nigeria Limited, will not be affected by the implementation of the current dividend policy of the Central Bank of ... read more

World savings day: FBN promotes financial literacy in schools

World savings day: FBN promotes financial literacy in schools    Vanguard OFFICIALS of First Bank of Nigeria Limited and FBNQuest Merchant Bank, both subsidiaries of FBNHoldings Plc, joined the rest of the world on October 31, ... read more

FBNQuest Merchant Bank Holds 4th AGM; Hints on Strategic Direction For 2019

FBNQuest Merchant Bank Holds 4th AGM; Hints on Strategic Direction For 2019    Proshare Nigeria Limited At the just concluded 4th Annual General Meeting of FBNQuest Merchant Bank, the Chairman, FBNQuest Merchant Bank, Mallam Bello Maccido, hinted on the ... read more

First Bank Holds 125km Walk to Mark 125th Anniversary

First Bank Holds 125km Walk to Mark 125th Anniversary    Proshare Nigeria Limited As part of activities to mark its 125th Anniversary, Nigeria's premier financial institution First Bank organized a 125km relay walk across its branches and ... read more

FBNH Plc - Attractively Priced As Concerns Are Overcooked, Strong BUY

FBNH Plc - Attractively Priced As Concerns Are Overcooked, Strong BUY    Proshare Nigeria Limited We maintain our STRONG BUY rating on FBN Holdings (FBNH) with a revised FVE of N14.40/share (from N16.69/share) due to our lower loan book forecast ... read more

FBNH Declares N40.01bn Profit in 2017 Audited Results; Proposes 25k Dividend,(SP:N13.40k)

FBNH Declares N40.01bn Profit in 2017 Audited Results; Proposes 25k Dividend,(SP:N13.40k)    Proshare Nigeria Limited FBN Holdings Plc, Banking company in Financial Services sector announced 15.9% Interest Income growth in Q4'17 Results. read more

Why FirstBank is rolling out the drums to mark 125th anniversary

Why FirstBank is rolling out the drums to mark 125th anniversary    Vanguard When the management of First Bank of Nigeria Limited hoisted its flag on March 1, across Nigeria and other countries where it operates, symbolising the ... read more

FBNQuest Merchant Bank out to fight cancer

FBNQuest Merchant Bank out to fight cancer    Daily Trust FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc has continued to drive partnerships with reputable ... read more

FBNQuest wins multiple awards, shines at emea finance 2018 african banking awards

FBNQuest wins multiple awards, shines at emea finance 2018 african banking awards    Vanguard FBNQuest Merchant Bank, FBNQuest Asset Management and FBNQuest Securities, all members of the FBNHoldings Group, have emerged as winners in ... read more

Stock market investors lose N89bn as sell-offs persist

Stock market investors lose N89bn as sell-offs persist    The Punch Feyisayo Popoola The nation's stock market continued its downward trend as investors recorded more losses at the end of trading on the floor of t... read more

FBN Holdings announces new board appointments

FBN Holdings announces new board appointments    Daily Post Nigeria FBN Holdings Plc, the leading and most diversified financial services group in Nigeria, has announced new Board appointments in the FBN Holdings Group, eff. read more

Insider Selling: Elastic NV (NYSE:ESTC) SVP Sells 25,000 Shares of Stock

Insider Selling: Elastic NV (NYSE:ESTC) SVP Sells 25,000 Shares of Stock    Riverton Roll Elastic NV (NYSE:ESTC) SVP Kevin Kluge sold 25000 shares of the business's stock in a transaction that occurred on Monday, July 1st. The shares were sold at ... read more

Nigeria: NSE All-Share Index Falls 0.79 Percent On Lingering Negative Sentiments

Nigeria: NSE All-Share Index Falls 0.79 Percent On Lingering Negative Sentiments    AllAfrica.com The Nigeria bourse remained on the downbeat as negative sentiments lingers. At the close of trading yesterday, the Nigerian Stock Exchange (NSE) All-Share ... read more

First Bank's Kicks Off 125th Anniversary Celebration With an Official Hosting of its Ceremonial Flag

First Bank's Kicks Off 125th Anniversary Celebration With an Official Hosting of its Ceremonial Flag    Proshare Nigeria Limited Nigeria's Oldest financial institution First Bank Nigeria, today flagged off activities for its 125 th anniversary celebration in Lagos. This was marked with the official ... read more

The first results from FBN Holdings (1)

The first results from FBN Holdings (1)    Vanguard By Akintola Omigbodun. FBN Holdings Plc, FBNH, is the post-transformation name of First Bank of Nigeria Plc and its subsidiaries. FBNH is organised into four ... read more

Moody's Affirms Deposit Ratings Of First Bank Of Nigeria; Changes Outlook To Stable, From Negative

Moody's Affirms Deposit Ratings Of First Bank Of Nigeria; Changes Outlook To Stable, From Negative    Proshare Nigeria Limited Moody's Investors *Service* has today affirmed First Bank of Nigeria Limited's (FBN) B2/Not Prime long-term and short-term local currency deposit ratings and the ... read more

FBNH Declares N14.8bn PAT in Q1 2018 Results,(SP:N12.45k)

FBNH Declares N14.8bn PAT in Q1 2018 Results,(SP:N12.45k)    Proshare Nigeria Limited FBN Holdings Plc, Banking company in Financial Services sector announced 1.5% Gross Earning decline in Q1'18 Results. read more

Zenith Bank, UBA, 9 Others Paid More Taxes In 2018

Zenith Bank, UBA, 9 Others Paid More Taxes In 2018    Leadership Newspaper Zenith Bank, United Bank for Africa and 9 other deposit money banks in the country paid more to the government in taxes in 2018 compared to what they paid in ... read more

Top banks struggle to grow earnings,profitability

Top banks struggle to grow earnings,profitability    Vanguard AVERSION for credit risk may have begun to take more serious toll on top banks in Nigeria, otherwise referred to as tier-1 banks. read more

Nigeria: Nine Listed Banks Pay N643.6 Million for Infractions

Nigeria: Nine Listed Banks Pay N643.6 Million for Infractions    AllAfrica.com The nine commercial banks that were sanctioned by financial regulatory bodies in the country have paid a total sum of N643.621 million fine for infractions in ... read more

First Bank To Redeem $300m International Capital Debt Notes

First Bank To Redeem $300m International Capital Debt Notes    Leadership Newspaper The board of FBN Holdings Plc said First Bank of Nigeria Limited, its largest subsidiary, plans to exercise its option to call the $300 million 8.25 per cent ... read more

First Bank holds walk ahead of anniversary

First Bank holds walk ahead of anniversary    The Punch Nike Popoola As part of activities to mark the 125th anniversary of First Bank Nigeria Limited, the bank organised a 125km relay walk across the c... read more

Elastic NV (NYSE:ESTC) Shares Acquired by Fmr LLC

Elastic NV (NYSE:ESTC) Shares Acquired by Fmr LLC    Mayfield Recorder FMR LLC lifted its position in Elastic NV (NYSE:ESTC) by 110.7% during the 1st quarter, according to its most recent disclosure with the Securities and ... read more

FBN LIFE ASSURANCE LIMITED, A SUBSIDIARY OF FBN HOLDINGS PLC, ANNOUNCES ITS ACQUISITION OF MAJORITY EQUITY INTEREST IN OASIS INSURANCE PLC.

FBN LIFE ASSURANCE LIMITED, A SUBSIDIARY OF FBN HOLDINGS PLC, ANNOUNCES ITS ACQUISITION OF MAJORITY EQUITY INTEREST IN OASIS INSURANCE PLC.    360Nobs.com FBN Holdings Plc. is pleased to announce that its subsidiary, FBN Life Assurance Limited (“FBN Life” or “the Company”), has acquired 4,630,595,326 ordinary ... read more

11 Banks Make N621.8bn Profit In 9 Months

11 Banks Make N621.8bn Profit In 9 Months    Leadership Newspaper Eleven banks in the first nine months of 2018 made joint profit after tax (PAT) of N621.79 billion, a 15.3 per cent increase in profit compared to what they jointly ... read more

Nigerian Banking Industry Seen in 'Full-Blown' Credit Crisis

Nigerian Banking Industry Seen in 'Full-Blown' Credit Crisis    Bloomberg Nigeria's banking industry is experiencing a “full-blown financial crisis” as failed fiscal and monetary policies lead to a credit crunch, according to Arqaam Capital ... read more

Stock market drops slightly as 13 firms lose

Stock market drops slightly as 13 firms lose    Punchng Feyisayo Popoola The Nigerian Stock Exchange All-Share Index dropped by 0.02 per cent at the close of trading on Wednesday after 13 stocks closed ... read more

Jim Ovia advocates for disruptive technology to scale businesses in Africa

Jim Ovia advocates for disruptive technology to scale businesses in Africa    Daily Post Nigeria According to Zenith Bank Founder/Chairman, Jim Ovia, businesses stand a chance to triple growth rate and earnings through innovation and technology. read more

FirstBank At 125: Stronger With Age

FirstBank At 125: Stronger With Age    Leadership Newspaper FirstBank At 125: Stronger With Age First Bank of Nigeria last month celebrated its 125th anniversary and launched itself into the next 125 years with a series of ... read more

Nigeria: Dangote Group, Zenith, Excel At Capital Market Performance Awards

Nigeria: Dangote Group, Zenith, Excel At Capital Market Performance Awards    AllAfrica.com Dangote Group, Zenith Bank Plc, Seplat, GTBank, Ecobank and others have emerged tops at the maiden CAMCAN Nigeria Capital Market Performance Awards ... read more

Elastic NV (NYSE:ESTC) CRO Aaron Katz Sells 25,000 Shares

Elastic NV (NYSE:ESTC) CRO Aaron Katz Sells 25,000 Shares    Mayfield Recorder Elastic NV (NYSE:ESTC) CRO Aaron Katz sold 25000 shares of the stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average ... read more

Top 10 investment companies in Africa | Leadership

Top 10 investment companies in Africa | Leadership    African Business Chief Business Chief takes a look at Africa Ranking's 'Biggest Companies in Africa' and compiled a list of the top 10 investment companies in Africa, based on their ... read more

First Bank Plc Links Growth To Innovations and Service Delivery

First Bank Plc Links Growth To Innovations and Service Delivery    Proshare Nigeria Limited First Bank of Nigeria Limited has attributed its success story to innovations and reinvention of products and services aimed at satisfying customers' needs and ... read more

FBN Holdings PLC Launches Refreshed Corporate Identity

FBN Holdings PLC Launches Refreshed Corporate Identity    360Nobs.com FBN Holdings PLC, Nigeria's largest financial services group, today unveiled a refreshed corporate identity for the entire group, including all its subsidiaries. read more

Elastic NV (NYSE:ESTC) SVP W.H. Baird Garrett Sells 4,000 Shares

Elastic NV (NYSE:ESTC) SVP W.H. Baird Garrett Sells 4,000 Shares    Slater Sentinel Elastic NV (NYSE:ESTC) SVP W.H. Baird Garrett sold 4000 shares of the business's stock in a transaction on Tuesday, July 9th. The shares were sold at an ... read more

FBNH Releases Q4'16 and Q1'17 Results; Declares N16.1 bn Profit in Q1,(SP:N3.50k)

FBNH Releases Q4'16 and Q1'17 Results; Declares N16.1 bn Profit in Q1,(SP:N3.50k)    Proshare Nigeria Limited FBN Holdings Plc, Banking company in Financial Services sector announced 7.3% Interest Income decline in Q1'17 Results. read more

TimesSquare Capital Management LLC Trims Stock Holdings in Elastic NV (NYSE:ESTC)

TimesSquare Capital Management LLC Trims Stock Holdings in Elastic NV (NYSE:ESTC)    Tech Know Bits TimesSquare Capital Management LLC decreased its position in shares of Elastic NV (NYSE:ESTC) by 32.7% in the 1st quarter, according to its most recent 13F ... read more

FBNQUEST Merchant bank announces N6.I67 Profit after tax

FBNQUEST Merchant bank announces N6.I67 Profit after tax    Daily Trust FBNQuest Merchant Bank, the investment banking and asset management group of FBN Holdings Plc, has declared a profit before tax (PBT) of ₦6.17 billion for ... read more

Nigerian Stock Exchange fines First Bank, Fidelity Bank, 4 others over late submission of financial results

Nigerian Stock Exchange fines First Bank, Fidelity Bank, 4 others over late submission of financial results    Pulse Nigeria The affected banks are FBN Holdings, Sovereign Trust Insurance, Fidelity Bank, Sterling Bank, Meyer and Presco Plc. read more

The future belongs to GIPS compliant firms – Ike Onyia

The future belongs to GIPS compliant firms – Ike Onyia    Vanguard In the bid to improve investor confidence and align with full transparency reporting standards in the global investment management industry, FBNQuest Asset ... read more

Nigeria: Evolution of a Banking Giant

Nigeria: Evolution of a Banking Giant    The Guardian First Bank of Nigeria Limited (FirstBank), established in 1894, is the premier bank in West Africa, Nigeria's number one bank brand and the leading financial ... read more

NSE sanctions eight banks with N102m fines

NSE sanctions eight banks with N102m fines    The Punch Feyisayo Popoola The Nigerian Stock Exchange has sanctioned eight banks with fines totalling N102.7m for failing to file their financial statement... read more