The domestic bourse, on Thursday, rebounded with N178 billion profit, following gains from Tier-one banks, as well as some large and medium capitalised stocks. Investors’ renewed interest in Guaranty Trust Holding Company (GTCO), FBN Holdings, Access Corporation, Nestle, Transnational Corporation and Oando Plc, among other advanced equities drove the market up. The market capitalisation, having opened at N55.576 trillion, added …

Investors in Fidelity Bank Plc have earned more than 507 per cent in capital gains over the past five years, ranking above all other major return benchmarks at the Nigerian stock market and the entire banking sector. Trading reports at the Nigerian stock market for the five-year period between May 31, 2019 and May 31, 2024 showed that Fidelity Bank …

Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial bank adheres promptly to all full disclosure requirements and global best practices, according to the Nigerian Exchange (NGX). It said that Fidelity Bank is awarded CG+, the highest rank under the Corporate Governance Rating System (CGRS), which screens quoted companies against prescribed best practices and standards. …

Union Bank of Nigeria said it has notified all stakeholders about the final process of obtaining approval to delist its shares from the Nigerian Exchange Group (NGX). The bank said in a statement that, upon completion of the process, its shareholders would receive a scheme consideration of N7.70 per share. Last May, Union Bank had received an offer from its …