May 27, 2024/Cordros Report FBN Holdings Plc (FBNH) published its Q1-24 unaudited financial report this morning, revealing stellar expansions across its core (+153.3% y/y) and non-core (+267.3% y/y) income lines. Consequently, the group’s EPS surged by +317.4% y/y to NGN5.76 in Q1-24. The group recorded a marked 153.3% y/y growth […]
Results & Dividends
FBN Holdings FY2023: Strong Interest & Fee Income Growth, Fair Value Gains, Drive Profit Growth
May 24, 2024/CSL Research FBNH FY 2023 audited numbers showed strong growth in both Interest and Non-Interest Income. Interest Income was up 74.0% y/y (13.4% above our forecast) driven by growth in Interest Income on both Investment Securities and Loans. Net Loans to customers were up 67.8% y/y (including the […]
NASCON Grows Turnover by 37%, Assures Shareholders of Continuous Growth, Value Creation
May 23, 2024/Dangote Group NASCON Allied Industries Plc has assured its shareholders of continuous growth and value creation in 2024. The Company gave the assurance at its 2023 Annual General Meeting held yesterday in Lagos. Speaking to shareholders, the Chairperson of NASCON, Yemisi Ayeni said “amidst the challenges in 2023, […]
