BrandNewsDay reports that Nnamdi Okonkwo, the Group Managing Director of FBN Holdings (the parent company of First Bank), has bought 854, 281 new shares in the bank.
The shares were purchased on August 19 for N10.75 per share, according to a filing on the NGX, for a total purchase price of N9.2 million.
First Bank reported a 48% jump in after-tax profit to N56.6 billion, in June 2022 when compared to the earlier 2021 period.
The rise in profit was mainly due to higher interest income and foreign exchange gains.
The shares of FBN Holdings closed trading on Monday at N10.75, -16.67% below its 52-week high of N12.90, set on Oct 25, 2021.
JAMB has banned UTME Registration Centres from nocturnal practices. BrandNewsDay Nigeria reports that the Joint…
SERAP has sued President Tinubu over an alleged N167bn project fraud. BrandNewsDay Nigeria reports that…
Governor Sanwo-Olu is reportedly relieved as President Tinubu has decided to step back from the…
Primate Ayodele has unveiled the candidate that will defeat President Tinubu in the 2027 general…
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced the opening of…
Presco PLC (Presco or the “Company”), has achieved a significant milestone with the successful issuance…
This website uses cookies.