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Tag: fidelity bank

Fidelity Bank Set To Issue $500m Unsecured Notes

Fidelity Bank PLC
Fidelity Bank Plc has said it is considering raising $500 million from the international debt capital market through the issuance of unsecured notes. A statement by its Company Secretary, EzinwaRead More

Emefiele Lists Benefits Of ‘Naira 4 Dollar Scheme’ For Diaspora Remittances

CBN Godwin Emefiele
New incentive scheme to last for 60 days, supports forex stability Osinbajo commends new FX policy Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday highlighted the benefits ofRead More

In Bond Issuance, Fidelity Bank Raises N41.21bn

Fidelity Bank PLC
Fidelity Bank Plc has raised N41.21 billion through a 10-year fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031. The bank, in a statement yesterday,Read More

Scammer Defrauds Nigerians On Facebook With Ponmo Scheme

Fraudster fleeces Nigerians on Facebook with ponmo scheme
Some Nigerians have bemoaned the reluctance of security agents to investigate and apprehend a suspected fraudster, who fleeced them of their hard-earned money while pretending to be selling ponmo (cowRead More

Investors Lose N50bn As Stocks Suffer Decline

Stock market
Investors lost N50bn on Thursday, June 4th, 2020 as the nation’s stock market closed in the red. The Nigerian Stock Exchange All-Share Index and the market capitalisation of equities droppedRead More

Fidelity Bank Plans 14-Day Closure In Lagos, Ogun, Abuja

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mr Nnamdi Okonkwo
Fidelity Bank on Sunday, March 29th, 2020 announced a plan to close all its branches in Lagos, Ogun and the Federal Capital Territory for 14 days with effect from Tuesday.Read More