Union Bank to See Rapid Growth after Merger – Fitch
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 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
Ecobank Names Jeremy Awori as Group CEO as Ayeyemi Retires
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.
NASD Security Exchange Falls to N990 Billion
NASD Security Exchange Falls to N990 Billion
Fidelity Bank to Raise Capital via Private Placement
Fidelity Bank Plc has signalled interest in issuing private placement
EIB President Hoyer Backs Africa’s Climate Adaptation Projects
EIB President Hoyer Backs Africa’s Climate Adaptation Projects
GTBank Profit Slowdown over Costs Pressures
GTBank Profit Slowdown
Fidelity Bank Valuation Spikes as Market Weighs UK Acquisition
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.
NEM Insurance Market Valuation Jumps 31%
NEM Insurance Market Valuation Jumps 31%
