Fidelity Bank Plc has announced a major empowerment initiative targeting 100 entrepreneurs across Nigeria, as part of efforts to accelerate the digital transformation of small and medium-scale enterprises (SMEs) nationwide. …
Fidelity Bank
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Banking, Finance & InvestmentEconomyEntrepreneurshipNigeriaTechnology
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Dangote IndustriesFinance & ServicesINVESTMENTMarketsNigeria
Equities Market Rebounds as Dangote Cement, 34 Others Push NGX Capitalisation Up by N260 Billion
The Nigerian stock market witnessed a strong rebound on Tuesday as gains in Dangote Cement and 34 other stocks pushed the overall market capitalisation higher by ₦260 billion, showing renewed …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Gains N1.71tn in One Week as Investor Confidence Grows
The Nigerian Exchange Limited (NGX) ended the past trading week on a bullish note, recording a sharp rise in investor sentiment that led to a N1.71 trillion boost in market …
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BusinessDevelopmentEnergyInfrastructureOil & GasPolitics
Nigeria Needs $5.5 Billion to Build More Oil Terminals and Unlock Stranded Fields — Green Energy Boss
Nigeria must urgently invest $5.5 billion in decentralised oil terminals to unlock thousands of stranded marginal fields and push crude oil production to three million barrels per day (bpd), stakeholders …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTMarketsNigeria
Fidelity Bank Denies Insider Trading Allegation Against MD/CEO Nneka Onyeali-Ikpe, Calls Report False and Malicious
Fidelity Bank Plc has strongly refuted a recent report alleging that its Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, was involved in insider trading and used bank funds …
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Banking, Finance & InvestmentBusinessBusiness InsightsFinance & ServicesINVESTMENTMarkets
Nigerian Stock Market Loses N197bn as Investors Take Profit and Sentiment Weakens
The Nigerian Exchange Limited (NGX) closed last week with a bearish performance, as the equities market lost N197 billion in market capitalisation. This followed weak investor sentiment and profit-taking activities …
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BusinessDevelopmentFinance & ServicesGOVERNMENTHealthcareNigeria
Fidelity Bank Donates Food, POS Machines to Support Over 4,500 Residents in Osun State
Fidelity Bank Plc has stepped up its commitment to social impact in Osun State by donating essential food items to more than 4,500 residents and distributing 500 Point of Sale …
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Sheds N274bn Amid Sell-offs in Large, Mid-Cap Equities
The Nigerian Exchange Limited (NGX) closed Thursday’s trading session in the red, as widespread sell-offs in mid- and large-cap stocks led to a loss of N274 billion in market value. …
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AfricaBanking, Finance & InvestmentFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Exchange Slips by N274bn as Sell-offs Hit Market
The Nigerian stock market ended Thursday on a negative note as widespread sell pressure among mid- and large-cap stocks caused investors to lose about N274 billion in market value. This …
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Banking, Finance & InvestmentINVESTMENTLeadershipMarketsNigeria
Fidelity Bank CEO Buys Over N760m Shares, Reaffirms Confidence Amid Legal Scrutiny
The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe, has continued to demonstrate her confidence in the financial institution by acquiring more than N760 million …