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First Bank Nigeria Holdings

FBNHoldings launches N150bn Rights Issue to boost First Bank’s growth

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First Bank

BY TEMITOPE ADEBAYO FBN Holdings Plc. (FBNH) officially launched a N150 billion Rights Issue on October 25, 2024, aimed at strengthening its commercial banking arm, First Bank of Nigeria Limited. The offering, signed at the company’s headquarters at 35 Marina, Lagos, enables existing shareholders to purchase 5,982,548,799 new ordinary shares at N25.00 per share, on […]

NSE records N19bn gain on first trading day in September

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Stock Exchange

Motolani Oseni The equities market segment of the Nigerian Stock Exchange (NSE) commenced trading in September on positive note with a marginal growth of 0.14 per cent, which translated to investors’ gain of N19 billion. Specifically, the All Share Index (ASI) rose by 39.28 points or 0.14 per cent to 27,565.09 points. Accordingly, investors gained […]