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Saturday, February 4, 2023
FBN Rating Upgraded after Corporate Governance Irregularities Fix

FBN Rating Upgraded after Corporate Governance Irregularities Fix

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Following a deliberate effort to reclaim its market position, First Bank of Nigeria (FBN) Limited has been rated higher despite uncertainties in the macroeconomic environment in Nigeria.
Union Bank to See Rapid Growth after Merger – Fitch

Union Bank to See Rapid Growth after Merger – Fitch

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Union Bank of Nigeria’s rating has been affirmed with a stable outlook on the expectation that the tier-2 lender’s post-merger growth would be strong, according to Fitch Ratings.
Fidelity Bank Rated Buy on Strong Earnings Expectation

Fidelity Bank Rated Buy on Strong Earnings Expectation

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Fidelity Bank Plc has seen buckets of buy ratings after its relatively healthy earnings performance in the first half of the financial year 2022. The bank is in the process of raising capital after management announced the acquisition of100% equity stake in Union Bank UK.
Heritage Bank Names George-Taylor Acting MD

Heritage Bank Names George-Taylor Acting MD

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Heritage Bank Names George-Taylor Acting MD
Ecobank Names Jeremy Awori as Group CEO as Ayeyemi Retires

Ecobank Names Jeremy Awori as Group CEO as Ayeyemi Retires

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Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, today announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy.
The NASD over-the-counter (OTC) security exchange wobbles further market sentiment declines

NASD Security Exchange Falls to N990 Billion

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NASD Security Exchange Falls to N990 Billion
Fidelity Bank to Raise Capital via Private Placement

Fidelity Bank to Raise Capital via Private Placement

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Fidelity Bank Plc has signalled interest in issuing private placement
EIB President Hoyer Backs

EIB President Hoyer Backs Africa’s Climate Adaptation Projects

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EIB President Hoyer Backs Africa’s Climate Adaptation Projects
GTBank Profit Slowdown

GTBank Profit Slowdown over Costs Pressures

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GTBank Profit Slowdown
Fidelity Bank Valuation Spikes as Market Weighs UK Acquisition

Fidelity Bank Valuation Spikes as Market Weighs UK Acquisition

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Equities investors placed a much higher price on Fidelity Bank shares in the local bourse in the just concluded week following a healthy earnings heartbeat and management move to acquire Union Bank UK.