First Bank of Nigeria Holdings (FBNH) last week reported its Q1 result for the period ended 31 March 2023.The Holding Company achieved Gross Earnings of N261.426 billion for the 3 months ended, up by 44.86% from N180.471 billion reported in Q1 2022. Profit after tax of N50.054 billion was reported for the period under review, up by […]
The Nigerian stock market last week closed on a bullish note. The positive vibration started just after the inauguration of President Tinubu on May 29, 2023. The All Share Index and Market Capitalisation grew by 5.37% week on week to 55,820.50 points and N30.395 trillion respectively. An aggregate of 2.59 billion units of shares were traded in[…]
The Board of Directors of Wema Bank Plc has announced the appointment of Dr. (Mrs.) Oluwayemisi Olorunshola as its new Board Chairman. This appointment is further to the retirement of the current Board Chairman, Mr. Babatunde Kasali who will be proceeding on retirement having attained the retirement age in line with the Bank’s Articles of Association. Dr.[…]