Tag
FIDELITY
News and analysis about fidelity
In 2024, Nigeria's top banks reaped the benefits of a volatile but profitable macroeconomic environment, with nine listed banks- Access Holdings, FCMB, Fidelity, First Holdco, GTCO, Stanbic IBTC, UBA, Wema Bank and Zenith, posting a combined profit after tax (PAT) of N4.786 trillion.
On 11th March 2025, the Nigerian All-Share Index experienced a decline of 454.16 points, closing at 106,167.75.
Nigerian leading commercial banks recorded significant FX revaluation gains estimated at a combined gain of about N1.7 trillion in the first half of 2023, a significant increase compared to a combined gain of N66.559 billion in H1 2022.
MDs/CEOs of six listed Nigerian banks received an aggregate sum of N821 million as remuneration in the first half of 2022, a 17.4% increase compared to N699 million earned in the corresponding period of 2021
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 19 basis point.
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 19 basis point.
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 2 basis point.
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 19 basis point.
Sixty-eight (68) equities appreciated at price during the week, higher than twenty-eight (28) equities in the previous week.
Six banks have been engaged by FG to commence account opening for beneficiaries of the government programme.
Zenith bank, Fidelity bank, First Bank of Nigeria Holding (FBNH), Transcorp and Chams Plc led the actively traded stocks on the floor of the Nigerian Stock Exchange on Wednesday.
The week drawing to an end has been an eventful one in the political and economic spheres with...