Tag: Financial Institutions
NGX Confirms CEO of Fidelity Bank Did Not Engage in Insider Trading
The Nigerian Exchange Group (NGX) has come out to confirm that the MD/CEO of Fidelity Bank PLC did not engage in any insider trading. Apparently, the purchase of 18 million units of Fidelity Bank...
Boosting Employee Morale: Fidelity Bank Raises Staff Salaries
Fidelity Bank Raises Salaries Yet AgainIn a surprising move, Fidelity Bank Plc, a top-tier lender, decided to boost the salaries of its employees after a stellar financial performance in 2024. This latest salary increase,...
Building Stronger Relationship Between ICAN and Union Bank Nigeria
A Stronger Alliance: ICAN and Union Bank Nigeria Strengthen Ties with Collaborative VisitIn a recent development that highlights a significant milestone in fostering a stronger relationship, the Institute of Chartered Accountants of Nigeria (ICAN)...
Fidelity Analyst Predicts Meeting Recaptalization Threshold Before Deadline
Fidelity Bank Plc is on a remarkable trajectory towards meeting the recapitalization targets mandated by the Central Bank of Nigeria (CBN). The bank has demonstrated exceptional progress in its capital-raising efforts, with a successful...
Investors Back Fidelity Bank Plc with 238% Oversubscription
Fidelity Bank Plc, a prominent financial institution, recently made headlines with a remarkable achievement in its equity capital raise. The bank experienced an overwhelming response from investors, with a 238% oversubscription during its Public...