Finance

Insiders Dealings: Fidelity Bank MD, directors, others splashed N696m on bank shares

Bamidele Famoofo Close to N700million has been spent by insiders in Fidelity Bank Plc, one of Nigeria’s leading lenders, to…

UBA lists N6.84bn Rights Issue to boost capital base

Onome Amuge United Bank for Africa Plc (UBA) has officially listed 6,839,884,274 additional shares on the Nigerian Exchange (NGX), following…

United Capital unveils children investment fund amid surge in mutual fund assets

Onome Amuge Financial services group, United Capital Plc, has launched the United Capital Children Investment Fund, a new mutual fund product…

AfDB capital soars to $318bn as Adesina era nears close 

Onome Amuge The African Development Bank (AfDB) is set for its pivotal annual meetings this week, buoyed by a remarkable…

Otedola pledges N320bn cash injection into First Holdco

Targets African banking dominance Onome Amuge Femi Otedola, prominent activist investor and Chairman of First Holdco Plc, has expressed profound…

Analysts predict market boost as MPC maintains 27.50% rate

Onome Amuge The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has, as anticipated, maintained its Monetary…