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05

Jun
Business & Economy

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 […]

05

Jun
Business & Economy

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[…]

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