Category: Stock news

Who is afraid of Fidelity Bank?

  A lot of mischief is going on in the banking sub-sector of Nigeria’s financial ecosystem since the Central Bank of Nigeria (CBN), on June 3, 2024, revoked the...

Fidelity Bank ranks ‘Positive’ on Fitch Rating

  Fitch Ratings has revised the outlook on Fidelity Bank PLC’s LongTerm Issuer Default Rating (IDR) to Positive from Stable, while affirming the rating at...

Recapitalisation:Fidelity Bank undertakes ₦29.6 billion rights issue, ₦97.5 billion public offer

  Fidelity Bank Plc (“Fidelity Bank” or the “Bank”) has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred...

SEC pledges cooperation with EFCC to tackle Forex crisis

Caption:Logo of EFCC The Securities and Exchange Commission has pledged to work with the Economic and Financial Crimes Commission (EFCC) to ensure reduction in virtual...

Analysts rate Fidelity Bank Stock High

Photo Caption:Onyeali-Ikpe,MD Fidelity Bank Highly-rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with potential to...

Fidelity Bank: Improved Share Price as Growth Indicator

Photo Caption: Nneka Onyeali-Ikpe,Fidelity bank MD When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity...

Fidelity Bank grows Profit by 131.5% in FY 2023

  -Declares a final dividend of 60kobo per share Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in...

Transcorp Power To List On NGX

  Transnational Corporation Plc has announced the listing of its subsidiary, Transcorp Power Plc, via listing by introduction on the Main Board of the Nigerian...

In eight months of Tinubu administration , Nigeria’s stock market leads the world

  By Bayo Onanuga The Nigerian economy is looking good in some sectors. This is not a harebrained assessment, despite the high inflation and the unstable exchange...

Again, stock market rebounds gains 0.71%

  The stock market rebounded on Wednesday as market capitalisation gained N184 billion or 0.71 per cent to close N25.959 trillion compared with N25.775 trillion on...