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FBN Holdings  Announces Exit of Adesola Adeduntan as FirstBank CEO, Names Olusegun Aliebosu as Ag CEO

April 22, 2024/FBN Holdings FBN Holdings Plc has announced Dr Adesola Adeduntan’s resignation as the Managing Director/Chief Executive Officer of its flagship subsidiary, First Bank. In a letter signed by the Acting Group Company Secretary, Mr Adewale Arogundade, First Bank informed the investing public, stakeholders and shareholders that Mr Olusegun Alebiosu has […]

Intraday Update: Nigerian Stocks Gain +0.19%, Buoyed by Blue Chips

April 22, 2024/InvestmentOne Update ASI as at 12.00pm: +0.19%  Top Gainers and Losers: JAPAULGOLD (+9.58%), STANBIC (+9.41%), PRESTIGE (-9.84%) and OMATEK (-9.52%).  Sector Performances: Banking (+2.24%), Consumer Goods, Industrial and Oil & Gas.  Market activity: In today’s trade, total volume and value increased by 26% and 35% respectively, when compared […]

United Capital Research Investment Views This Week, 22nd April to 26th April 2024

April 22, 2024/United Capital Research Global Markets – Equity Markets Suffered Further Losses. Last week was another tough week for global equities markets amidst continued geopolitical concerns and and rates in fixed-income markets remained near year-to-date highs. In the US, the earnings season began to ramp up. Despite the strong […]