Fidelity bank – Page 2 of 3 – Prime Business Africa

Agusto & Co. Affirms Fidelity Bank’s ‘A’ rating, With A Stable Outlook

Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in reflection of the agency’s view that environmental,

Admin

1 year ago

Business

Fidelity Bank Moves To Raise N90bn In Capital Market

Fidelity Bank has informed its shareholders that it’s set to raise more capital, up to N90 billion, to play bigger in local and international markets. The creditor’s decision to raise more funds

Fakoyejo Olalekan

1 year ago

Business·Markets

Fidelity Bank, Stanbic IBTC, Others Lose N706.77bn, As Investors Dump Shares

Nigerian stock market valuation depreciated to N34.16 trillion on Thursday, from N34.87 trillion, losing N706.77 billion by the close of trading. The All-Share Index dropped from 64,046.93 ASI to 62,748.94 ASI, shedding 1,297.99 basis points.

Fakoyejo Olalekan

1 year ago

Business

GTBank, Unity Bank, Leadway, Others Under Investigation For Customer Data Breach

The National Commissioner, Nigeria Data Protection Commission (NDPC), Vincent Olatunji, has disclosed that Guaranty Trust Bank (GTBank), Leadway Insurance and some companies are under investigation for data breaches. According to Olatunji on

Fakoyejo Olalekan

1 year ago

Business·Latest News

Fidelity Bank To Host 2nd Edition Of Trade Expo In Houston

Fidelity Bank Plc, has announced plans to host the second edition of the Fidelity International Trade and Creative Connect (FITCC) in Houston

Victor Ezeja

2 years ago

Business·Insights

Top Five Best Performing Nigerian Banks

Between January to December 2022, the Nigerian banking industry post double-digit growth of 26.92 per cent year-on-year, with the sector generating a combined N5.43 trillion in total revenue from 11 commercial banks.

Fakoyejo Olalekan

2 years ago

Business

Fidelity Bank Grows Gross Earnings By 34.4% In 2022

Fidelity Bank Plc has recorded a 34.4 per cent growth in gross earnings to N337.1 billion in the 2022 financial year. This was driven by 45.2 per cent growth in interest and

PBA Reporter

2 years ago

Business

Fidelity Bank Sells N13.97 billion Controlling Shares To 2 Investors

Fidelity Bank has sold a 10.4 per cent controlling stake in the financial institution to two unnamed investors after conducting a private placement. According to a statement released on Friday, 15 April 2023,

Fakoyejo Olalekan

2 years ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business·Markets

Stock Market Closes Negative, Equity Investors Lose N98.52 billion

On Friday, the market capitalisation of the Nigerian bourse depreciated from N29.64 trillion to N29.54 trillion, losing N98.52 billion. The All-Share Index fell slightly to 54,232.34 ASI, after losing 180.87 basis points from

Fakoyejo Olalekan

2 years ago

Business

Finance Minister Criticises Moody’s Over Downgrade Rating

The Minister of Finance, Zainab Ahmed, has played down the importance of Moody’s downgrade after the rating agency rated the country’s credit status as a Caa1. Nigeria’s credit rating was B3 before

Fakoyejo Olalekan

2 years ago

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Fidelity bank - Page 2

Agusto & Co. Affirms Fidelity Bank’s ‘A’ rating, With A Stable Outlook

Fidelity Bank Moves To Raise N90bn In Capital Market

Fidelity Bank, Stanbic IBTC, Others Lose N706.77bn, As Investors Dump Shares

GTBank, Unity Bank, Leadway, Others Under Investigation For Customer Data Breach

Fidelity Bank To Host 2nd Edition Of Trade Expo In Houston

Top Five Best Performing Nigerian Banks

Fidelity Bank Grows Gross Earnings By 34.4% In 2022

Fidelity Bank Sells N13.97 billion Controlling Shares To 2 Investors

Stock Market Closes Negative, Equity Investors Lose N98.52 billion

Finance Minister Criticises Moody’s Over Downgrade Rating

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