A failed attempt to trigger a run on banks
As market sentiment remains highly volatile and driven by news flow, banks liquidity levels can become vulnerable due to spread of inaccurate information. As Nigerian...
Category : Business
Adron Homes Sponsors Ojude Oba, Unveils Plans to Excite Customers with Massive Prize Slash
At the World Press conference of the forthcoming 2024 Ojude-Oba Festival in Ijebu-Ode, the management and organizing committee of the annual event has unveiled plans...
MIPAD Announces Onyeali-Ikpe Among Global Top 100 Trade Champions of African Descent Worldwide
13 June 2024– Lagos, Nigeria – In acknowledgment of her outstanding impact on global trade, Dr. Nneka Onyeali-Ikpe, the Group Managing Director and Chief Executive...
Fidelity Bank leads trading as equities gain N324b
Fidelity Bank Plc was the most active stock on Monday, 10 June 2024 at the Nigerian stock market as a strong positive sentiment led Nigerian...
Who is afraid of Fidelity Bank?
A lot of mischief is going on in the banking sub-sector of Nigeria’s financial ecosystem since the Central Bank of Nigeria (CBN), on June 3,...
Addressing False Information Alleging Impending Commercial Banking License Seizure and Bank Closure
Recent industry occurrences have given rise to an influx of false information and propaganda targeted at causing unrest in the Nigerian financial services industry. Among...
Fitch Upgrades Fidelity Bank’s Rating to ‘Positive’
Fitch Ratings has revised the outlook on Fidelity Bank PLC’s LongTerm Issuer Default Rating (IDR) to Positive from Stable, while affirming the rating at ‘B-‘....
FIRSTBANK WINS 2024 BEST SME BANK IN NIGERIA AND BEST SME BANK IN AFRICA BY ASIAN BANKER AWARDS
Nigeria’s premier financial institution and financial inclusion services provider has bagged two awards: Best SME Bank in Africa and Best SME Bank in Nigeria at...
AGUSTO & CO UPGRADES WEMA BANK’S RATING TO Bbb+ WITH ESG SCORE OF 2…Confirms Stable Financial Outlook for the Bank
Following its strong 2023 financial performance, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received an upgraded...
FIDELITY BANK PLC UNDERTAKES A ₦29.6BN RIGHTS ISSUE AND ₦97.5BN PUBLIC OFFER
5 June 2024: Lagos, Nigeria: Fidelity Bank Plc (“Fidelity Bank” or the “Bank”) has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00...