How Barclays suddenly become advisor in sale of 9Mobile
Facts on why rather than Citigroup and Standard Banks, new advisor had been preferred for arranging the sale of 9Moblie on or before December, 31st 2017. Though analysts say the sudden change had the backing of the 13 banks who…
How Fidelity Bank sold highest-yielding Eurobond this year
Leading retail banking giant, Fidelity Bank is the third Nigerian bank to sell Eurobonds this year after Zenith Bank Plc and United Bank Plc, but it sold the highest-yield from emerging markets before higher United States interest rates push up…
Fidelity Bank deepens earnings, hits N85.8bn in half year performance
In its results released at the Nigerian Stock Exchange (NSE), Fidelity Bank has shown resilience to recession by posting strong financial performance in the first half of 2017 with gross earnings of N85.8billion in its audited results. Otherwise, the first…
How banks’ removal of $1.2Bn 9Mobile debt from books’ll shape future
Since the revelation that the 12 banks involved in the $1.2 billion 9Mobile loan are setting aside a large part of the debt from their books ahead of the December 31 end-date for the fiscal year, financial pundits have started…
Fidelity Bank leads in disbursement of CBN’s SMEs funds, gives out N2.2bn
Statistics made available to Business Hilights has shown that Fidelity Bank has so far disbursed N2.2 billion to operators of Small and Medium Enterprises (SMEs) out of the N220 billion earmarked for the sub sector by the Central Bank of…
