Buy Opportunity? FBNH Shares Hit 5 Month’s Low

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FBNH owners of First Bank is currently on a 5 months low as sell pressure continues to weigh down on its share price.  The bank has hit below N12 this year before but that was a period when most banks hit their year lows.

The current price presents an upside should the company report improved earnings later in a few weeks. However, many still view the bank’s size as a drag and are finding it hard to sweat their assets.

FBNH just announced launch of their Ghana subsidiary.