The growth in the NSE Insurance Index for the week can be attributed to the appreciation of most insurance stocks.
Fidelity Bank's market capitalization gained about N1.74 billion in a single trading session last Friday.
FMDQ announces listing of Fidelity Bank Plc Series 1 Fixed Rate Subordinated Unsecured Bond worth N41.21 billion.
The five insurance companies coincidentally are the only insurance companies that recorded positive growth.
The listing of the bond is the sequel to a host of other corporate securities issued on the FMDQ platform this year.
Mr Tony Elumelu is expected to earn the sum of N1.24 billion in dividend for the financial year ended December 2020.
The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the SEC and CAC respectively.
Sequel to a run of impressive and transformative journey, AfDB has been named 2021 World Best Multilateral Financial Institution by Global Finance.
The Board of Sterling Bank Plc has announced the appointment of 2 Non-Executive Directors.
The Board of UBA proposed a sum of N11.97 billion as final dividends for the period ended 31st of December 2020