Updates

Presidential Investigative Panel Report to be submitted on Monday

May 3, 2017/Press Release The three-man Presidential Investigative Committee set up by President Muhammadu Buhari, GCFR, under the chairmanship of Vice President Yemi Osinbajo, SAN, to inquire into the Discovery of Foreign and Local Currencies by the Economic and Financial Crimes Commission (EFCC) at Osbourne Towers, Ikoyi, Lagos and the […]

Shareholders Commend FCMB’s performance in 2016; Approve Dividend

May 3, 2017/PFCAfrica Communications Limited Lagos: April 28, 2017 – Shareholders of FCMB Group Plc have applauded the financial institution for its resilience, dynamism and the enhanced performance recorded last year despite the challenging operating environment. The shareholders, who gave the commendation at the 4th Annual General Meeting (AGM) of […]

FBN Holdings Plc | FY2016 and Q12017 Update: Asset Quality Pressure on the Bottom line Persists

May 3, 2017/Cordros Research Click here to download full PDF Report Last week, First Bank of Nigeria Holdings Plc (”FBNH”) released audited full year 2016 results, wherein gross earnings grew by 15.17% (1.86% above estimate), buoyed by growth in net insurance premium (+14.85% y/y) and significant improvement in non-interest revenue […]