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Fidelity Bank Chairman Calls For Competitive Efficiency In Africa

Mustafa Chike-Obi, Chairman of Fidelity Bank, has stressed the need for Africa to focus on its competitive strengths and improve efficiency to achieve economic prosperity. Speaking with CNBC Africa’s Kenneth…

Fidelity Bank Launches N127.1 Billion Combined Offer To Bolster Capital Base

On Thursday, June 20, Fidelity Bank Plc, Nigeria’s sixth-largest bank, will open its public offer and rights issue, aiming to raise up to N127.1 billion. This capital raise is part…

Union Bank Calls For Environmental Restoration on World Environment Day

Union Bank, one of Nigeria’s leading financial institutions, has called for renewed efforts to preserve and restore the global environment through sustainable practices. This appeal was made during an event…

Fidelity Bank Launches Capital Raising with Public Offer, Rights Issue

Fidelity Bank Plc, Nigeria’s sixth-largest bank, is set to open its public offer and Rights Issue on Thursday, June 20, 2024. This significant capital-raising initiative will be marked by a…

Ecobank’s “Adire Lagos” Exhibition Kicks Off with Over 100 Exhibitors, Drawing Thousands

The annual Ecobank “Adire Lagos” exhibition has commenced in grand fashion, featuring over 100 exhibitors showcasing their vibrant textile creations. The four-day fair, which opened on June 14 and will…

Wema Bank Completes First Tranche of Capital Raise Programme

Wema Bank PLC (Bloomberg: WemaBank: NL), Nigeria’s foremost innovative bank and the pioneer of Africa’s first fully digital bank, ALAT, has announced the successful completion of the first tranche of…

Fidelity Bank Generates N127.1 Billion Amidst Sector Turbulence, Dismisses Misleading Demarketing Campaigns

In the wake of the Central Bank of Nigeria’s (CBN) revocation of Heritage Bank Plc.’s license, a surge of misleading information has surfaced, attempting to undermine the stability of Fidelity…

Wema Bank Debunks False Rumors Of Impending License Seizure, Closure

In response to circulating false information about an impending seizure of its banking license and potential closure, Wema Bank has categorically denied these claims, reassuring customers and stakeholders of its…

Sterling Bank Partners With SPPG To Revolutionize Credential Verification With Blockchain Technology

Sterling Bank has announced a groundbreaking partnership with the School of Politics, Policy, and Governance (SPPG) to implement a blockchain solution for credential verification, aiming to enhance the efficiency, security,…

Fidelity Bank Sets Record With Largest Single-Day Turnover of Over 600 Million Shares

On Monday, June 10, 2024, Fidelity Bank emerged as the most traded stock on the Nigerian Exchange (NGX), recording an unprecedented turnover volume of approximately 605.257 million shares. This remarkable…