The Board of Directors of Fidelity Bank Plc has announced the appointment of Alhaji Isa Mohammed Inuwa as an Independent Non-Executive Director of the Bank and has notified the Nigerian Stock Exchange (NSE) of the appointment, which has been approved by the Central Bank of Nigeria (CBN) and took effectRead More →
After a thrilling round of football in the quarter finals, eight teams in the male and female categories have advanced to the semi final stages of the 2020 GTBank Masters Cup. All four games will be played at the Campos Stadium, Lagos Island, on Wednesday 5th February 2020, where theRead More →
The financial institutions under the Commercial Agriculture Credit Scheme (CACS) have refunded a total of N387.2 billion to the Central Bank of Nigeria (CBN) as part of the total N622 billion disbursed to commercial banks. The N622 billion fund was disbursed to participating banks to enable them to finance commercialRead More →
From February 4th to 16th, 2020, Lagos will host some of the most prestigious teams for Africa’s premier polo competition – the 2020 Lagos International Polo Tournament. Sponsored by leading African Financial Institution, Guaranty Trust Bank plc, the competition will feature 39 teams; the highest number till date. The teamsRead More →
Fidelity Bank (Fidelity) in its recently released FY 2019 UNAUDITED numbers posted double-digit growth across key income lines. Gross Earnings grew 15% y/y to N217.3bn, coming above our estimate of N209.9bn. Buoyed by growth in Net Interest Income (up 12% y/y),Fidelity Bank (Fidelity) in its recently released FY 2019 UNAUDITEDRead More →
FBN Holdings Plc, the parent company of Nigeria’s foremost financial institution and a leading tier 1 lender in the country, FirstBank of Nigeria Limited has released it 2019 annual report and financials (Unaudited) to the public. The result was published by the Nigerian Stock Exchange (NSE) recently. The result revealedRead More →
New Year of Agony …..First Bank Sacks Over 900 Workers Without prior Notice On Friday 31st January 2020, workers who went about their daily duties suddenly around 2pm in the afternoon discovered they no longer could login to their respective system to discharge their duties. This information was reportedly revealedRead More →
Fidelity Bank Lifts “World’s Greatest Maths” Teacher, Offers Him EmploymentFidelity Bank Plc has brought succor to physically challenged Chemical Engineering graduate, Mr. Micheal Sowunmi who is fondly referred to as “the world’s greatest teacher” on account of his love for teaching. Mr. Sowunmi has been offered employment by top lenderRead More →
Pan African financial institution, United Bank for Africa (UBA) Plc on Tuesday, launched the ‘UBA Bumper Account’, a hybrid account, targeted at transforming the lives of its customers. The new account is in line with the bank’s mission of creating superior value for its stakeholders while encouraging saving cultures amongRead More →
A Swedish company FSA FORTEX AB has sued Heritage bank Plc before a Federal high court sitting in Lagos south west Nigeria over a breach of contract in the sum of N156,232,011. Joined as co-defendant in the ensuing legal debacle is a Nigerian company OFOLIX INTERNATIONAL LIMITED. According to a statementRead More →
