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FBN Holdings explains divestment of FBNQuest Merchant Bank

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FBN Holdings Plc has clarified that it divested its merchant banking business to EverQuest Acquisition LLP to optimise its portfolio. The company's acting secretary Adewale...

CBN opposes Barbican’s 15% shareholding claim in FBN Holdings

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The Central Bank of Nigeria (CBN) under the leadership of Olayemi Cardoso has disputed the claim by an investment firm Barbican Capital Limited that...

FBN Holdings deposits reach N13trn

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Deposits from customers at FBN Holdings climbed to N13.27trn in the first quarter of 2024, according to the company. Deposits grew by 24.42 per cent...

FirstBank declares 325.2% growth in profit for first quarter of 2024

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FBNHoldings Plc has announced N238.53 billion profit before tax (PBT) in its unaudited report for the first quarter (Q1) ended March 31, 2024. The report...

Otedola appointed FBN Holdings chairman

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FBN Holdings Plc has announced the appointment of businessman Femi Otedola as chairman of its board of directors.  Mr Otedola’s appointment takes effect on January...

FBN Holdings confirms Otedola’s appointment, 50kobo dividend at 11th AGM

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FBN Holdings Plc (FBNHoldings), the parent company of Nigeria’s premier financial inclusion services provider, FirstBank, has confirmed the appointment of businessman Femi Otedola and...

Shareholders approve Otedola as FBN Holdings director

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Businessman Femi Otedola has been approved as a non-executive director of FBN Holdings (FBNH). Shareholders of Nigeria’s oldest financial services group gave their approval at...

No court order stopping AGM — FBN Holdings

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The 11th annual general meeting of FBN Holdings will hold next Tuesday, the company has said. In a notice it filed with the Nigerian Exchange...

Ignore Ecobank, Otudeko writes FBN

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Businessman Oba Otudeko has written to FBN Holdings to ignore a petition by Ecobank’s lawyers, demanding rejection of 4.7 billion shares purchased by him. Otudeko...

FBN Holdings grows profit to N91.2bn in Q3

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FBN Holdings (FBNH) Plc has declared a profit after tax (PAT) of N91.2 billion for the third quarter ended Sept. 30. The company stated this...