By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Fidelity Bank Plc said on Tuesday it has raised N30 billion to support the Micro, Small and Medium Enterprises (MSMEs) and foresees an imminent growth in non-oil export, according to Nnamdi Okonkwo, managing director/chief executive officer of the Bank. Okonkwo affirmed that the […]
Tag: Fidelity Bank Plc
NSE Finishes Week Positive, ASI up 0.65%
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) finished the week on a positive note as all-share index (ASI) and market capitalisation appreciated by 0.65 percent to close the week at 25,988.40 basis and N8.940 trillion respectively. “Similarly, all other Indices finished higher during the week, with the exception of […]
Fitch Revises Outlook on 3 Nigerian Banks to Negative; Affirms Ratings
18 Feb 2016/Fitch Ratings (This statement was made by the rating agency on February 18, 2016) Fitch Ratings has revised the Outlooks on the Long-term foreign currency Issuer Default Ratings (IDRs) of First Bank of Nigeria Ltd (FBN), United Bank for Africa Plc (UBA) and Guaranty Trust Bank Plc (GTB) […]
