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FBN Holdings completes sale of Insurance arm to Sanlam

 FBN Holdings (FBNH) Plc and Sanlam Emerging Markets (Proprietary) Ltd (Sanlam) have announced the completion of the sale and transfer of FBNH’s 65 per cent shareholding in FBN Insurance (FBNI) to Sanlam.The Boards of Directors of both organisations stated this in a divestment announcement on Tuesday pasted on the Nigerian Stock Exchange (NSE) website. The divestment […]
Business

FBN Holdings holds talks on insurance divestment

  FBN Holdings Plc, the holding company for First Bank of Nigeria and its former subsidiaries, has announced ongoing discussions to fully divest from its insurance arm, FBN Insurance Business Limited. READ ALSO: I rack in more money trading than been on movie set – Actress Omobutty In a regulatory filing at the Nigerian Stock […]
News

FBN Holdings names Kosoko scribe, as Borodo bows out

FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval. In the same vein, Tijjani Borodo, the outgoing Company Secretary, will still be around for the next few months to navigate a seamless transition for the substantive Company Secretary. Tijjani will be retiring after three decades of combined […]