The new issue will be made to redeem the existing N30 billion bond which was issued at 16.48%.
This announcement was contained in a notice signed by the Company Secretary.
These banks are all too big to fail but one stands tallest as the best.
Fidelity’s UNAUDITED report for Q1 2020 showed Interest Income growth of 11% y/y to N43.9bn, on the back of higher Interest Income on loans
This article reviews the strength of Nigerian banks by checking for asset quality deterioration through reviewing their recent audited financial results.
The Central Bank of Nigeria (CBN) has directed Interswitch to suspend refund activities for failed Visa and Verve card transactions, pending the duration of the lockdown that was...
Nigerian banks have begun to suggest the use of self-service through digital platforms and internet banking just to prevent large gatherings
Nigerian banks did well to keep costs low in 2019, according to information gleaned from some of their financial statements that have been released.
Fidelity Bank (Fidelity) in its recently released FY 2019 UNAUDITED numbers posted double-digit growth across key income lines.
Stanbic IBTC Bank, Zenith Bank, UBA, Fidelity Bank and GTBank led the actively traded stocks on the floor of the stock market on Tuesday.