FBNH is now most capitalized banking stock in Nigeria, topples GTCO
Nigeria’s oldest bank, FBN Holdings became the most capitalized bank in Nigeria at the close of trading on Monday 25th February 2024.
1M | 3M | YTD | 1Y | 2Y |
-4.41% | -4.63% | +33.18% | +90.75% | +100.62% |
Value Traded (Mln NGN) 7,100.51 |
Volume 446,572,332 |
Transactions 9,298 |
Market Cap. (Bln NGN) 56,319.44 |
Nigeria’s oldest bank, FBN Holdings became the most capitalized bank in Nigeria at the close of trading on Monday 25th February 2024.
They often say that every situation has two sides. The removal of fuel subsidies and the devaluation of the Naira in 2023 have had widespread effects on the economy and companies.
Dangote Cement Plc and MTN Nigeria Plc recorded a combined loss of about N1.878 trillion at the end of Monday’s trading session as the domestic bourse came under selling pressure.
The Nigerian Exchange Limited (NGX) has delisted the shares of GlaxoSmithKline Consumer Nigeria (GSK) Plc from its Daily Official List of NGX.