By Joke Kujenya AS THE bank’s capital-raising efforts continue to gain momentum, investors are rushing to secure shares of Fidelity Bank Plc. The ongoing rights and public offers have seen massive subscriptions, reflecting the strong interest from various investor categories. Recent market activity shows Fidelity Bank as the top performer on t...
By Joke Kujenya A MASSIVE cyber outage disrupted airline operations, banks, and media services worldwide on Friday. The IT issue affected countries including Singapore, the United States, and Australia. Airports and airlines reported significant problems. Sydney Airport grounded flights, and United Airlines halted operations. The London Stock ...
By Joke Kujenya FIDELITY BANK Plc plans to handle an oversubscription of its ongoing N127.1 billion rights and public offer. Investors have shown strong support, with early reports indicating high subscription levels. The bank offers N3.2 billion ordinary shares at N9.25 each in a rights issue and 10 billion ordinary shares at N9.75 each in [&...
TO RECOGNIZE and reward exceptional employee performance, the Union Bank of Nigeria (UBN) has promoted 337 staff members across various departments. During a recent town hall meeting, Managing Director and Chief Executive Officer (MD/CEO), Yetunde Oni, UBN, emphasized the bank’s dedication to fostering a culture of excellence and growth. Oni p...
By Joke Kujenya IN A BOOST to local healthcare and infrastructure, Fidelity Bank Plc has revitalized the Primary Healthcare Clinic in Workers Village, Tudun Amba Community, Lafia Local Government Area, Nasarawa State. Addressing the pressing issue of water scarcity, the bank also installed new water facilities to ensure a reliable water supply...
By Jemimah Wellington, JKNMedia Reporter IN A notable alliance, The Alternative bank, with TotalEnergies, have launched a partnership aimed at providing essential banking services directly to underserved communities across Nigeria. This initiative, known as Branch in a Box, will see the establishment of mini-branches within select TotalEnergie...
By Joke Kujenya A SIGNIFICANT move in the ongoing battle against financial crimes unfolded as Justice Emeka Nwite of the Federal High Court, Abuja, on Wednesday, April 24, 2024, issued an interim order in favour of the Economic and Financial Crimes Commission (EFCC). The order pertained to the freezing of a substantial number of bank […...
By Jemimah Wellington, JKNMedia Reporter ADDRESSING critical social needs, the Alternative Bank Limited (AltBank) has joined forces with FoodBank and Sterling One Foundation to mobilize approximately N20million in support of hunger and educational initiatives. This collective effort resonates with the theme of the African Union Summit 2024, “E...
