First Bank Of Nigeria Set To Change Brand Name

First Bank Of Nigeria Name

First Bank of Nigeria (FBN) Holdings Plc has announced shareholder approval for a rebranding effort that will see the company adopt the new name First Holdco Plc. In a statement issued on Friday by the company secretary, Adewale Arogundade, the decision was finalized during the 12th Annual General Meeting, held virtually on Thursday. EDITOR’S PICKS  … Read more

FBN Holdings Cancels Planned N300bn Capital Raise

FBN Holdings Cancels Planned N300bn Capital Raise

FBN Holdings calls off Extraordinary General Meeting to seek shareholders’ approval for N300 billion capital raise Notice filed with Nigerian Exchange Limited (NGX) states special meeting is cancelled, without providing reasons Proposed capital raising was announced last week, intended to be carried out through public offering, private placement, or rights issue Eko Hot Blog reports … Read more

FBN Speaks On Femi Otedola’s Acquisition

FBN, Femi Otedola

FBN has spoken about the acquisition of a majority stake in the company by Femi Otedola.   EKOHOTBLOG reports that FBN Holdings Plc, the holding company for First Bank of Nigeria Limited, has said that it is not aware of the widely-reported share acquisition of the company by Femi Otedola.   This online news platform recalls that reports … Read more

FBN Holdings Announces New Board Members

FBN Holdings

FBN Holdings new board members FBN Holdings Plc has announced the appointments of Mr Seni Adetu and Mrs Juliet Anammah as Independent Non-Executive Directors. The company also appointed Mr Otu Hughes as a Non-Executive Director. Dr Oba Otudeko, Group Chairman of FBN Holdings, disclosed this in a statement made available to the News Agency of … Read more