FBN Holdings Plc says it has recorded a profit before tax of N206 billion for the first half of 2023 financial year.
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The fund, called Waqf, is an instrument of Islamic Estate Planning largely designed for charitable and philanthropic activities to solve social problems.
Tunde Lawanson, its Head, Marketing and Corporate Communications, made this known in a statement on Monday.
The panel defined Ethical investing as the practice of using moral beliefs or principles as a primary filter for selecting financial asset in your portfolio.
Fitch also upgraded their Viability Ratings to ‘b’ from ‘b-’.
The campaign according to a statement signed by the account Executive, Karina Israel is in furtherance to the firm’s commitment to supporting its clients and stakeholders, “with wealth management solutions that move them towards their goals.
The forum according to a statement signed Friday is aimed at educating Muslims about the importance of Estate Planning in line with Islamic law.
JB is a Finance expert with huge experience in Finance, Risk Management, Treasury, Internal Controls, General Administration, Procurement, and Information Technology. While at Forte, he was a member of the Executive Management Team that restructured a then moribund company into a vibrant industry player.
This is contained in the statement on investors’ relations signed by the Company Secretary, Seye Kosoko, posted on the NGX website.
In a statement, it stated that its ratings on FBN and other Nigerian banks remain constrained by shortcomings in corporate governance and transparency, among other factors.
This was in contrast with 430.12 million shares valued at N6.62 billion achieved in 4,319 deals on Thursday.
The PAT represented an increase 56.65 per cent when compared with N31.6 billion achieved in the corresponding period of 2019.
Urum Kalu Eke, FBNH Group Managing Director, made this known in a statement on Sunday in Lagos.
Adekunle Awojobi, FBNQuest Managing Director, said this in a statement on Thursday in Lagos.
The Boards of Directors of both organisations stated this in a divestment announcement on Tuesday, pasted on the Nigerian Stock Exchange website.
Shareholders of FBN Holdings Plc on Monday approved a total dividend of N13.64 billion declared by the company for the financial year ended December 31, 2019.
FBN Holdings Plc on Monday announced gross earnings of N159.7 billion for the three months ended March 31, 2020.
FBN Holdings Plc has officially notified the Nigerian Stock Exchange of ongoing discussions with its partner, Sanlam Emerging Markets, to divest 65 per cent equity in FBN Insurance Limited.
FBN Holdings Plc on Monday declared profit after tax of N73.67 billion in its audited result for the financial year ended December 31, 2019.
The News Agency of Nigeria reports that the turnover was lower by 7.94 per cent compared with 255.59 million shares worth N2.86 billion traded in 4,418 deals on Thursday.