Traders work at the Nigerian Stock Exchange in Lagos

Stanbic, FBN, Access sustain equities market

Gains recorded by Stanbic IBTC Holdings Plc, FBN Holdings Plc, Access Bank Plc, GTBank Plc and Beta Glass Plc helped to sustained the positive performance of the stock market yesterday. After declining the previous week due to profit taking, the market opened the week on positive note on Monday, rising by 0.35 per cent. The […]

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First Bank Nigeria

FirstBank sponsors Social Media Week 2019

First Bank of Nigeria Limited has announced its sponsorship of the 2019 Social Media Week (SMW), Lagos, scheduled to hold this week. The 2019 event is themed; STORIES: With Great Influence Comes Great Responsibility” The yearly event is a weeklong conference convened to provide the ideas, trends, insights and inspiration to help people and businesses […]

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Zenith Bank

Zenith, two others contribute 51 pct to NSE trading

Zenith Bank Plc, Access Bank Plc and FBN Holdings Plc contributed 51.66 per cent and 51.85 per cent to the total equity turnover volume and value, respectively at the end of trading on the Nigerian Stock Exchange last week. Trading in the three equities accounted for 557.380 million shares (when measured by volume) worth ₦9.434 […]

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Sleeping giant, First Bank seeks over ₦8.86bn debt from Arisekola’s family

On the heels its failure for seven years to recover its whooping bad debts of over ₦700 billion, Nigeria’s major financial institution, First Bank of Nigeria, seems to have woken from its slumbers as it just renewed legal hostilities with one of its debtors, Lister Flour Mills Nigeria Limited owned by the late Ibadan socialite […]

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UBA, FBN General, STI, others to sponsor Lagos State Petroleum Safety Conference

United Bank for Africa (UBA Plc), FBN General Insurance and Sovereign Trust Insurance are among sponsors of the inaugural Lagos State Petroleum Marketers Safety Conference slated for September 18 to 20. The event, being coordinated by an industry Safety consultant, Bendeb Sylmar Associates, in collaboration with Lagos State Safety Commission, is aimed at gathering industry […]

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First Bank Nigeria

FirstBank, NURTW collaborate on agent banking

First Bank of Nigeria Limited and the National Union of Road Transport Workers have entered into a partnership for the establishment of agent banking services at bus parks across the country. According to FirstBank, the move will bring banking services closer to operators of commercial vehicles at various parks in the country. Speaking at the […]

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7-years after, FBN Holdings fails to disclose bad debts on ₦700bn provisioning

Nigeria’s foremost banking institution, First Bank of Nigria Holdings Plc, has lately been emeshed in controversy bothering on lack of trust of its stakeholders, particularly its shareholders, following its failure as a publicly quoted entity, to disclose how it has handled the issue of of its bad debts. The banking institution, was particularly berated for […]

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FBNQuest expands LBS financial resource centre

FBNQuest Merchant Bank, the merchant banking and asset management subsidiary of FBN Holdings Plc, has expanded a financial resource centre at the Lagos Business School–Pan Atlantic University. The bank said the initiative was in line with its commitment to support reputable educational establishments with strong business and finance faculties. It said the centre, called ‘Bloomberg […]

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First Bank Nigeria

FBNQuest Asset Management highlights investment opportunities

FBNQuest Asset Management, a subsidiary of FBN Holdings Plc, has announced the commencement of an investment awareness campaign tagged, ‘#BuildingTogether’. The firm said in a statement on Tuesday that the initiative was aimed at providing Nigerians with extensive insights on “retail and institutional investment opportunities that will help them take advantage of what the markets […]

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First Bank to help 10,000 visually impaired Nigerians

First Bank of Nigeria Limited on Tuesday unveiled plans to deepen its intervention in the health sector with the empowerment of 10,000 visually impaired Nigerians. The 10,000 visually impaired low-income Nigerians, according to the bank, will be provided with free pairs of eye glasses. The glasses are to be distributed to them within a period […]

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FirstBank rewards payment card promo winners

First Bank of Nigeria Limited, in partnership with Visa International, has announced the emergence of two winners, Mrs. Hadizat Bello and Mr. Ado Ibrahim Idris, in the FirstBank Visa Gold Card issuance and usage promo. The lender said the promo draw took place at his head office in Lagos, adding that the winners along with […]

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FBNInsurance gets AfricaRe/AIO Insurance Company of the Year award

FBNInsurance has been named the Insurance Company of the Year at the just-concluded 45th AfricaRe/AfricanInsurance Organisation (AIO) conference in Accra, Ghana. Established in 1972, AIO promotes inter-African co-operation in insurance and develops a healthy insurance and reinsurance industry in Africa. The awards recognise outstanding firms and individuals who have made remarkable contribution to the African […]

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