Tag: Financial News
Fidelity Bank CEO Shows Strong Confidence with Share Acquisition
Fidelity Bank CEO’s Share Acquisition Signals Strong Confidence in Tier-One Lender In a bold move that screams, "I believe in you," Fidelity Bank Plc's Managing Director and CEO, Dr. Nneka Onyeali-Ikpe, has scooped up an...
Fidelity Bank Stock Surges, Market Cap Reaches Trillion-naira
Fidelity Bank is back in the trillion-naira market cap game, folks! The stock decided to show off a bit, climbing from ₦19.95 to ₦21.00 on May 13, 2025. This move earned them a spot...
Canadian Dollar Hits Record Low at 1 CAD to 450 Naira
The Canadian dollar hit a record low against the Nigerian naira on , with 1 CAD exchanging for 450 Naira, marking the weakest value for the currency in decades. The decline, driven by Nigeria’s...
50 Dollars Equals 80,000 Naira at Current Exchange Rate
Fifty U.S. dollars is now equivalent to 80,000 Nigerian naira at the current black market exchange rate, reflecting a steep depreciation of the naira amid economic instability. The conversion, based on unofficial trading rates...
Weekly Pool Results Announced This Week
This week, the local pool league announced its latest results, with Team Thunder securing first place after a dominant 5-1 record, while newcomers Splash Squad finished last with a 1-5 standing. The matches, held...
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...
Fidelity Bank Announces New Board Appointments for Stronger Leadership
**Fidelity Bank Welcomes New Board Appointments for Enhanced Leadership** In a strategic move aimed at bolstering its exceptional performance, Fidelity Bank Plc, a prominent financial institution, has recently announced significant changes to its Board of...