Browsing: Bello Maccido

The directors bring to bear several years of experience spanning the banking and financial services industry and their appointments are in tandem with FBNHoldings’ strategic focus to become the foremost financial services company in Sub-Saharan Africa

The acquisition was effected through the execution of a share sale and purchase agreement with the majority shareholders of Oasis, following receipt of approvals of the Board of Directors of FBN Life, FBN Holdings Plc and the selling shareholders as well as the requisite regulatory approvals from the National Insurance Commission, Securities and Exchange Commission and the Nigerian Stock Exchange.
FBN Life’s key strategic rationale for the acquisition of Oasis Insurance is to diversify into general insurance service offerings

The organisers applied indices, including turnover growth, return on equity, earnings yield, share price appreciation, dividend cover, dividend yield, net asset ratio, dividend growth and profit margin ratio in determining the winners