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H1’25: Fidelity Bank grows gross earnings by 46% to N748.7bn 

By Peter Egwuatu  Fidelity Bank Plc has recorded a gross earning of N748,7 billion for the half-year ended 30 June 2025, H1’25,representing a 46% growth from N512.9 billion  recorded in the same period 2024, HI’24. Highlights of the financial results which was uploaded on the Nigerian Exchange Limited, NGX shows that the bank delivered robust results […]

OPS endorses N20bn container-insurance scheme to scrap deposit fees

By Godwin Oritse  The Organised Private Sector (OPS) represented by Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has welcomed the introduction of a N20 billion collective insurance bond backed by a consortium of insurers to replace the long-standing container deposit system in Nigeria’s maritime trade.  The new scheme, designed to protect international […]

Investors await review of CGT as stock market declines 1.7%

By Peter Egwuatu  The Nigerian stock  market recorded a significant decline Week on Week, WoW following sell off by institutional investors over the new tax reform, which is expected to raise the Capital Gain Tax, CGT from January next year. Expectedly, the market dropped by 1.7 %, with the Nigerian Exchange Limited, NGX All Share Index […]

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