First Bank reports N50bn as profit in Q1 2023
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 […]
Stock market gains N1.55tn, returns 5.37% WtD
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[…]
Wema Bank appoints Dr Oluwayemisi Olorunshola as new board chairman
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[…]
Nestle Nigeria appoints Gbenga Oyebode as Board Chairman
Nestle Nigeria has notified the investing public of the appointment of Mr Gbenga Oyebode as the new Chairman of its Board of Directors. The appointment follows the retirement of Mr David Ifezulike as the Chairman of the Board of the company with effect from May 18, 2023. Oyebode is a[…]










