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.
LAGOS, Nigeria | October 2026 — A new independent reputation intelligence audit of the African Public Relations…
Retired Deputy Inspector-General of Police (DIG), Frank Mba, has formally unveiled his law office, FRANK…
LAGOS, Nigeria | 9 October 2026. Big Brother Naija has grown from a reality television…
The stage is set for another major chapter in African music as the International Executive…
Stanbic IBTC Holdings, A member of Standard Bank Group, has concluded the third edition of…
African Scholarship and Delusional Episteme - There is something deeply revealing about the manner in…
This website uses cookies.