FBN holdings

FBNHoldings Rebrands As First HoldCo

February 12, (THEWILL) – FBN Holdings Plc, one of Africa’s premier financial institutions, has announced the change of its name to First HoldCo Plc. (First HoldCo). In a statement on Tuesday, the company said this naming convention will also be...

FBN AGM: In Blow to Otudeko, Proxies, Court Declines Jurisdiction, Says Suit Mere Academic Exercise

Rules Court Lacks Jurisdiction To Continue Hearing Court does not have the liberty to embark on an academic discovery, Judge September 17, (THEWILL) – Justice Deinde Dipeolu of a Federal High Court sitting in Lagos has declared the suit...

FBN Holdings To Seek Shareholders’ Approval To Raise N300bn Capital

April 8, (THEWILL) - First Bank Holdings Plc will seek shareholders’ approval to raise N300 billion in additional capital at the group’s Extraordinary General Meeting (EGM) scheduled to hold virtually on Tuesday, April 30, 2024. This was contained in...

Capital Importation: FBN Limited Dethrones Key Players, Emerges Top Investment Channel In Q2’23

October 15, (THEWILL) - In a dynamic twist of events, First Bank of Nigeria (FBN) Limited received the highest investment inflow into the economy in Q2 2023 with $323.13 million. This represents 18.23 percent of $1.03 billion total capital...

We Received No Court Order, AGM Must Hold As Planned – FBNH

August 10, (THEWIL) - FBN Holdings Plc has said it did not receive a court order stopping it from holding the Annual General Meeting (AGM) scheduled for August 15, 2023, emphasizing that the AGM would hold as scheduled. The company...

FBN Holdings Lifts HY Profits by 414% to N187.2bn Ahead of Industry Peers

Behemoth FBN Holdings dazzled industry watchers with an all-time high half-year pre-tax profit of N187.2 billion for the period ended June 30, 2023, translating to a 414 percent increase compared to N56.6 billion posted in the corresponding period of...

FBN Holdings Posts N206b Half-Year Profit

July 21, (THEWILL) - First Bank Nigeria Holdings Plc has reported a 'Profit Before Tax' (PBT) of N206 billion for half year ended June 30, 2023. The six-month report showed that the company grew gross earnings and profit before tax...

FBN Holdings Records N805.2bn In Revenue Surge As Assets Climb 18.5%

Revenue of FBN Holdings, the parent company of Nigeria’s oldest bank, First Bank, rose marginally by 6.4 percent to N805.2 billion in FY 2022, compared to N757.3 billion in the corresponding period. The Tier-1 lender posted a pre-tax profit slide...

No EFCC Order To Arrest Our GMD – FBN Holdings Debunks Malicious Publication

February 20, (THEWILL) - FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, has dismissed reports, that the Economic and Financial Crimes Commission (EFCC) declared its Group Managing Director, Nnamdi Okonkwo, wanted in connection with...
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2027: APC Reopens Nationwide E-Registration, Targets Fresh Membership Drive Ahead of Polls

The exercise, which will cover APC wards across the country, is expected to provide an opportunity for existing members to validate their membership records while opening the door for new members and supporters seeking to join the party.
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