Updates

Fidelity Bank Announces Retirement of Four Directors, Names Three New Directors

December 29, 2020/NSE Fidelity Bank Plc hereby informs the General Public of the following Board changes, which have been formally notified to the Central Bank of Nigeria: (A). Retirement of Executive Director: Mrs. Aku Odinkemelu, Executive Director Commercial and Consumer Banking, South Directorate, who was appointed to the Board on […]

PMI Readings Show Pessimism in the Month of December 2020

December 29,2020/Proshare By CSL Research   According to the data released by the Central Bank of Nigeria (CBN) on the Purchasing Managers’ Index (PMI) for the month of December, activity levels in both the manufacturing and non-manufacturing sectors showed a decline compared with the previous month (November) and both PMI […]

Mastercard SpendingPulse: U.S. Retail Sales* Grew 3.0% This Holiday Season

December 26, 2020/Mastercard According to Mastercard SpendingPulseTM, holiday retail sales excluding automotive and gasoline increased 3.0% this expanded holiday season, running from October 11 through December 24. Notably, online sales grew 49.0% compared to 2019, the preliminary insights show. Mastercard SpendingPulse measures overall retail spending trends across all payment types, including […]