FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023.

The Q1 2024 results was a reflection of 2023 impressive performance as one of the oldest banks in Nigeria sustained its fundamentals amid domestic and foreign challenges.  From its Q1 2024 profit & loss figures, the Group declared N208.1 billion profit, which was about 315.8 per cent compared with the N50.1 billion reported in Q1 2023.

The group announced N730.3 billion gross earnings in Q1 2024, which was an increase of 181.4 per cent from N259.5 billion in Q1 2023.

Amid hike in Monetary Policy Rate (MPR), the financial institution declared N455 billion interest income in Q1 2024, a growth of 153.3 per cent from N179.6 billion in Q1 2023, while interest expenses closed Q1 2024 at N226.42 billion, representing 234.1per cent increase from N67.76 billion reported in Q1 2023.

On the backdrop of a double-digit inflation rate, operating expenses moved from N111.2 billion in Q1 2023 to N212.80 billion reported in Q1 2024.

Total assets from the balance sheet position stood at N21.58 trillion as of March 2024, which was a 27.4 per cent increase from the N16.94 trillion recorded in 2022.

As FBNHoldings declared N8.42 trillion Customer loans & advances (Net) as of March 2024 from N6.36 trillion in 2023, full financial year, its customer deposits stood at N13.27 trillion as of March 2024, an increase of 24.4 per cent from N10.66 trillion reported in 2023 financial year.

The Group Managing Director, FBNHoldings, Nnamdi Okonkwo in a statement said, “FBNHoldings’ strong start to the year reinforces the confidence in achieving targets and delivering sustained value for our shareholders. “Our commitment to optimising the Group’s earnings capacity and maximising operational efficiencies has again delivered outstanding results.

“Underpinned by strong revenue growth and improved operational efficiency, our key financial metrics have shown significant improvement. Remarkably, gross earnings grew 181.4per cent to N730.3 billion, while profit before tax increased by 325.2per cent to N238.5 billion while our total assets increased by 27.4per cent in three months to N21.6 trillion.”

He added that the Group remained focused on its strategic initiatives towards further improving profitability, enhancing excellence in performance and surpassing stakeholders’ expectations.

However, the shareholding structure of FBNHoldings showed, the Group Chairman, Mr. Femi Otedola direct and indirect stake in the Group stood at 2,517,282,140 as of March 2024 from 1,999,342,376 March 2023.

The stock price of FBNHoldings closed March 27, 2024 at N21.1 per share on the floor of the Exchange.

As we step into the vibrant and promising month of June, it’s the perfect time to embrace fresh beginnings and cherish the privilege of being alive. With each new month comes a new chapter filled with endless possibilities and opportunities.

Here are 160 heartfelt new month wishes to share with your loved ones. 

1. Happy June! May this month bring you joy and prosperity.
2. Wishing you a fantastic June filled with success and happiness.
3. Hello June! Let’s make this month as beautiful as your dreams.
4. Welcome June! May your days be sunny and bright.
5. Happy new month! May June be a month of new opportunities.
6. Cheers to a new month and another chance for us to get it right. Happy June!
7. Here’s to a month of happiness, love, and endless possibilities. Happy June!
8. Happy June! May this month bring you closer to your dreams.
9. May June bring you peace, joy, and endless blessings.
10. Happy June! Let’s welcome this month with positivity and hope.
11. Wishing you a wonderful June filled with sunshine and smiles.
12. Happy new month! May June be kind and generous to you.
13. Welcome to June! Let’s make it a month to remember.
14. Happy June! May your days be filled with love and laughter.
15. Wishing you a productive and successful June.
16. Here’s to a fabulous June! May all your dreams come true.
17. Happy new month! May June be your best month yet.
18. Wishing you a June full of good health and happiness.
19. Happy June! May this month be as amazing as you are.
20. May June bring you all the success you deserve. Happy new month!
21. Happy June! May this month be filled with new achievements and opportunities.
22. Wishing you a month of growth and prosperity. Happy June!
23. Happy new month! May June be a month of new beginnings and endless possibilities.
24. Welcome June! Here’s to a month of happiness and success.
25. Happy June! May this month bring you closer to your goals.
26. Wishing you a joyful and prosperous June.
27. Happy new month! May June be filled with love and laughter.
28. Welcome to June! May this month be as bright as your smile.
29. Happy June! Wishing you a month of peace and happiness.
30. May June bring you new opportunities and endless blessings. Happy new month!
31. Happy June! May this month be filled with love and joy.
32. Wishing you a wonderful June filled with new adventures and experiences.
33. Happy new month! May June be a month of growth and success.
34. Welcome June! Here’s to a month of happiness and prosperity.
35. Happy June! May this month be as amazing as you are.
36. Wishing you a month of love, laughter, and endless possibilities. Happy June!
37. Happy new month! May June bring you closer to your dreams.
38. Welcome to June! May this month be filled with peace and joy.
39. Happy June! Wishing you a month of success and happiness.
40. May June be a month of new beginnings and endless opportunities. Happy new month!
41. Happy June! May this month bring you joy and prosperity.
42. Wishing you a fantastic June filled with success and happiness.
43. Hello June! Let’s make this month as beautiful as your dreams.
44. Welcome June! May your days be sunny and bright.
45. Happy new month! May June be a month of new opportunities.
46. Cheers to a new month and another chance for us to get it right. Happy June!
47. Here’s to a month of happiness, love, and endless possibilities. Happy June!
48. Happy June! May this month bring you closer to your dreams.
49. May June bring you peace, joy, and endless blessings.
50. Happy June! Let’s welcome this month with positivity and hope.
51. Wishing you a wonderful June filled with sunshine and smiles.
52. Happy new month! May June be kind and generous to you.
53. Welcome to June! Let’s make it a month to remember.
54. Happy June! May your days be filled with love and laughter.
55. Wishing you a productive and successful June.
56. Here’s to a fabulous June! May all your dreams come true.
57. Happy new month! May June be your best month yet.
58. Wishing you a June full of good health and happiness.
59. Happy June! May this month be as amazing as you are.
60. May June bring you all the success you deserve. Happy new month!
61. Happy June! May this month be filled with new achievements and opportunities.
62. Wishing you a month of growth and prosperity. Happy June!
63. Happy new month! May June be a month of new beginnings and endless possibilities.
64. Welcome June! Here’s to a month of happiness and success.
65. Happy June! May this month bring you closer to your goals.
66. Wishing you a joyful and prosperous June.
67. Happy new month! May June be filled with love and laughter.
68. Welcome to June! May this month be as bright as your smile.
69. Happy June! Wishing you a month of peace and happiness.
70. May June bring you new opportunities and endless blessings. Happy new month!
71. Happy June! May this month be filled with love and joy.
72. Wishing you a wonderful June filled with new adventures and experiences.
73. Happy new month! May June be a month of growth and success.
74. Welcome June! Here’s to a month of happiness and prosperity.
75. Happy June! May this month be as amazing as you are.
76. Wishing you a month of love, laughter, and endless possibilities. Happy June!
77. Happy new month! May June bring you closer to your dreams.
78. Welcome to June! May this month be filled with peace and joy.
79. Happy June! Wishing you a month of success and happiness.
80. May June be a month of new beginnings and endless opportunities. Happy new month!
81. Happy June! May this month bring you joy and prosperity.
82. Wishing you a fantastic June filled with success and happiness.
83. Hello June! Let’s make this month as beautiful as your dreams.
84. Welcome June! May your days be sunny and bright.
85. Happy new month! May June be a month of new opportunities.
86. Cheers to a new month and another chance for us to get it right. Happy June!
87. Here’s to a month of happiness, love, and endless possibilities. Happy June!
88. Happy June! May this month bring you closer to your dreams.
89. May June bring you peace, joy, and endless blessings.
90. Happy June! Let’s welcome this month with positivity and hope.
91. Wishing you a wonderful June filled with sunshine and smiles.
92. Happy new month! May June be kind and generous to you.
93. Welcome to June! Let’s make it a month to remember.
94. Happy June! May your days be filled with love and laughter.
95. Wishing you a productive and successful June.
96. Here’s to a fabulous June! May all your dreams come true.
97. Happy new month! May June be your best month yet.
98. Wishing you a June full of good health and happiness.
99. Happy June! May this month be as amazing as you are.
100. May June bring you all the success you deserve. Happy new month!

Zenith Bank Plc, on Thursday, 30th May 2024, launched a state-of-the-art digital/LED screen at Ajose Adeogun Roundabout, solidifying its commitment to innovation and community engagement.

The monumental digital installation, an upgrade from its previous LED screen launched in 2013 at the same location, features a resolution of 3936×960 pixels compared to the previous 1024×256 pixels.

Measuring 6.4×6.4 metres, it represents a significant investment in enhancing the urban landscape while providing a dynamic platform for advertising, information dissemination, and public engagement.

Positioned strategically at one of Lagos’ busiest intersections, the screen will captivate audiences with high-definition visuals and dynamic content.

Speaking during the launch, the outgoing Group Managing Director/Chief Executive of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, expressed his delight in the landmark digital infrastructure and lauded the efforts of Institutional Quantum for facilitating the project.

He remarked, “When the idea of upgrading this LED screen came up earlier this year, I was initially sceptical, believing our current standard was sufficient. However, once presented with a graphic illustration of the proposed upgrade, I had no choice but to agree, asking, ‘How soon can we have this installed?’ I want to thank Quantum for their foresight and innovative spirit, which has resulted in this imposing and outstanding LED screen.

It has been about 13 years since we installed the old screen, and the transformation is remarkable. The previous screen had a resolution of 1024×256 pixels, while the new one boasts 3936×960 pixels—a 14-fold increase in resolution, density, and visual capabilities. The new screen offers a 3D effect, making it a live, illuminating, and exciting display that leaves a lasting impression on viewers.”

He added, “At Zenith, our focus is not solely on profit; we also prioritise community welfare. From its inception, Zenith has been a digitally-led organisation, a vision our Founder instilled. Our motto, ‘People, Technology, and Service,’ guides our actions. It’s not just about the messages we send but about the connections we create with people. This facility is captivating and enriching, creating bonds and attractions.”

Mr. Bardia Olowu, a representative of Institutional Quantum, also spoke, expressing gratitude to Zenith Bank’s management for their unwavering support.

He said, “We at Institutional Quantum sincerely thank Zenith Bank, particularly Dr Ebenezer Onyeagwu, for his tremendous support over the years. We commend his innovative mindset, which consistently keeps Zenith at the forefront. We are proud to launch this 3D screen under his leadership.”

Designed to seamlessly blend with the urban environment, the digital/LED screen boasts advanced technology, ensuring optimal visibility day and night, regardless of weather conditions. From vibrant advertisements to holiday greetings, the screen will serve as a dynamic platform for communication and engagement.

Zenith Bank’s track record of excellent performance, especially in innovation and technology, has earned the brand numerous awards. These include being recognised as Best Bank in Nigeria for the fourth time in five years (2020 to 2022 and 2024) in the Global Finance World’s Best Banks Awards; Best Bank for Digital Solutions in Nigeria in the Euromoney Awards 2023; Best Commercial Bank, Nigeria; and Best Innovation in Retail Banking, Nigeria in the International Banker 2022 Banking Awards.