Investor confidence in Fidelity Bank continues to soar as the bank’s stock saw a remarkable 20% growth on the Nigerian…
Browsing: Fidelity Bank
Fidelity Bank has disputed allegations of a data breach made by the Nigerian Data Protection Commission (NDPC), which recently imposed…
Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full…
The Fidelity Food Bank Outreach has benefitted 1,500 women, children, widows, and the elderly from the one-day feeding program organized…
Against the background of a groundswell of support and enthusiasm for the bank’s ongoing offers, Fidelity Bank Plc has started preparations to allow the bank to absorb over subscriptions.
He highlighted the need for Africa to identify areas of competitive advantage in producing goods and services efficiently to unlock its full potential.
According to him, the bank is known to the market as a good investment, with evident records of impressive returns and corporate responsibility.
The share market value of Fidelity Bank Plc on the Nigerian Exchange Ltd. (NGX) dropped by N14.4 billion on Thursday, amid the opening of an N127.1 billion rights issue and public offer.
Just recently, African Export-Import Bank (Afreximbank) disbursed $40-million Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support the bank’s acquisition and recapitalisation of Union Bank UK as part of its international expansion programme. Provided in two tranches of $20 million each, the first tranche of the facility enabled Fidelity to part-refinance the acquisition of 100 percent equity stake in Union Bank UK, while the second tranche was used to support its recapitalisation via the injection of additional equity into the acquired bank, as approved by the United Kingdom’s regulator.
After Fidelity Bank, Access Holdings recorded the highest turnover in the market with 93.067 million shares. It was followed by UBA, which recorded a 2.86% gain and a turnover volume of 58.726 million shares.