FIDELITY Bank Plc
8 Jan
Three banks’ stocks – Fidelity Bank Plc, FCMB Group Plc and Sterling Financial Holdings Company Plc – dominated activities in the financial service sector of the capital market last week.
14 Sep 2023
Fidelity Bank Plc has completed a 100 per cent acquisition of Union Bank UK Plc (UBUK) as part of its aggressive expansion plan. According to reports, the bank plans to expand to five African countries. Recall that Fidelity Bank Plc had entered into a binding agreement to acquire a 100 per cent equity stake in…
11 Sep 2023
The Insurance index led the losers’ chart at the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 2.9 per cent, buoyed by sell pressure in Cornerstone insurance (-11.4 per cent) and CHIPLC (-11.3 per cent).
6 Sep 2023
Fidelity Bank Plc has posted a profit after tax (PAT) of ₦61.9 billion in its half-year (H1) operations representing a growth of 166 percent over ₦23.3 billion recorded in the corresponding period in 2022. The bank’s audited result for the H1, 2023 showed 166 per cent rise in PAT from ₦23.3billion recorded in 2022 to…
29 Aug 2023
Chairman of the Bank Directors Association of Nigeria (BDAN) and Chairman of Fidelity Bank Plc, Mustafa Chike-Obi, has advised bankers to assist the current administration in achieving its goals and objectives towards building a better Nigeria. Chike-Obi also charged bankers to adopt financial technology, artificial intelligence (AI), while staying up to date with information on…
22 May 2023
The financial services industry dominated in volume terms at the end of last week's transactions on the equities sector of Nigeria’s capital market.
15 May 2023
Three bank stocks - Fidelity Bank Plc, Access Holdings Plc, and FBN Holdings Plc - drove activities in the financial service sector of the Nigerian Exchange Limited (NGX) last week.
4 May 2023
For improved success, experts have advised that members must embrace technology, foster the culture of innovation, develop strategic plan and engage with stakeholders to provide valuable insights into their needs and expectations. The experts said that by implementing the strategies, boards could create a culture of innovation that would ultimately lead to improved success for…
Latest
2 mins ago
The Lagos State Public Service Joint Negotiating Council (Trade Union) has strongly condemned the recent layoff of over 370 workers from the Lagos State Water Corporation (LSWC).
33 mins ago
Minister of Agriculture and Food Security, Abubakar Kyari, yesterday, urged researchers and institutes in the agricultural sector to align their research with President Bola Tinubu’s Renewed Hope Agenda on food security to have enough food to feed Nigerians.
38 mins ago
Nigeria may face worse power outages given rising attacks on transmission infrastructure, a development the Transmission Company of Nigeria (TCN) blamed for grid collapse.
40 mins ago
Nigeria Copyright Commission (NCC) has dedicated this year’s edition of World Book and Copyright Day to Nobel Laureate, Prof Wole Soyinka, for his dedication to the promotion of reading culture and the protection of copyright.
41 mins ago
Report released yesterday by an international child rights group, Save the Children, indicated that about 15.6 million children in Nigeria faced hunger as the lean season starts in June.
46 mins ago
An information security organisation, Digital Encode, has established a new sub-Saharan global office in the Lekki area of Lagos State, Nigeria.
47 mins ago
An advocacy group, the Coalition for Land Rights Advocacy in Nigeria (CLARAN), has called for compensatory justice for victims of the Lagos-Calabar Superhighway project and amplified the voices of affected individuals in matters of land rights.
49 mins ago
Citizens Gravel, a non-profit organisation, has said Nigeria has over 27.5 million legal problems with land disputes accounting for 30 per cent of the legal issues.
53 mins ago
Government at all levels have been enjoined to activate policies aimed at encouraging learning among children.
1 hour ago
Justice Emeka Nwite of the Federal High Court sitting in Abuja has ordered that the charges on alleged N80.2 billion fraud filed by the Economic and Financial Crimes Commission (EFCC) against former Governor of Kogi State, Yahaya Bello, be served through his lawyer, Abdulwahab Mohammed.