April 16, 2024/Futureview Research Highlights of Fidelity Bank Plc Earnings Report: In Fidelity Bank’s Full-Year 2023 Financial Results, published on April 15, 2024, a remarkable 65% increase in Gross Earnings to N555.83 billion was reported. This surge was propelled by a substantial 55% growth in interest income, coupled with a […]

April 16, 2024/CSL Research Fidelity Bank’s recently released its FY 2023 audited numbers showed significant y/y growth in Pre-tax profit, driven by significant growths in both Interest and Non-Interest Income. Interest Income grew 55.5% y/y, driven by expansion in earning assets and improved yields on assets. Net Loans to Customers […]

April 15, 2024/CSL Research The growth prospects of Dangote Cement were dampened by various factors in 2023, including the effects of the general election, limited cash availability, currency devaluation and constrained purchasing power. Consequently, the group experienced a decline in sales volumes, dropping by 1.8% year-on-year to 27.28 million metric […]