Fidelity Bank reclassified as Medium Price Stock Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (“NGX”) on Friday announced the reclassification of Fidelity Bank Plc. from small price stock to medium price stock. A statement by the NGX said the reclassification became necessary because Fidelity Bank Plc. shares have been trading above the N5.00 mark since February 2023. “Rule 15.29 of the Rulebook of The Exchange, 2015 (Dealing Members’ Rules) notes that equities priced above N5 per share for at l…
Nestlé Prepares Children for Healthier Future L-R: Chiamaka Akanno, Senior Nutritionist, Federal Ministry of Health; Sarah Danladi, Head of Sports and Health, LEA Gwagwalada, FCT Universal Basic Education Board; Major Edith Nwachinemerem (Rtd), Chairman, Nutrition Society of Nigeria, FCT Chapter; Edidiong Peters, Public Affairs Specialist, Nestlé Nigeria PLC; Mrs. Josephine Nwabiora, Deputy Director, Basic Education, Federal Ministry of Education; Dr Florence Uchendu, Associate Professor, Department of Public Health, National Open Univers…
Agusto & Co. affirms Fidelity Bank’s ‘A’ rating, with a Stable Outlook Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in reflection of the agency’s view that environmental, social and governance issues have minimal contribution to the Bank’s credit rating. According to a note on the Agusto & Co. website, “The rating reflects Fidelity Bank’s improved profitability, strong ability to refinance, adequate capitalisation and low level of imp…
Access Holdings raises funds to secure brighter future for African children at UK Polo Day Lagos, Nigeria – July 18, 2023: Access Holdings, a leading African finance institution committed to making a difference, has once again demonstrated its dedication to ensuring children have the chance to access quality education. Through its recent Polo Day, held at the esteemed Guards Polo Club in Windsor, United Kingdom, the group secured pledges for the construction of 100 classroom blocks in Nigeria. The classrooms will go a long way in ensuring c…
Chronicles Software to Splash N2 million to Best WAEC Students in Lagos State in its SuccessBOX Excellence Award for Outstanding Academic Performance L-R Oluwakoyejo Oluwatosin -CEO Chronicles Software, Mrs. Alabi -Tosin' Mum, Tosin Alabi -Winner SucessBOX Excellence Award 2017; Mr. Alabi -Tosin Dad, Dr. Emmanuel Emielu -Chairman Chronicles 2008-2018. Chronicles Software, an education technology company, has announced its plan to award a cash prize of N2 million to outstand…
PR Measurement Consultancy Releases Q2 2023 Media Performance Analysis Report for Subscription-Based Streaming Services, Telecommunications Brands, and Insurance Companies The Nigerian media sector is experiencing rapid growth and facing strong competition as it continues to evolve. P+ Measurement Services, a leading media intelligence consultancy, analyzed the top media performers in the Nigerian subscription-based streaming services, telecommunications, and insurance sectors for the second quarter of 2023. This analysis aims to prov…
Access Bank Polo 2023: A Grand Affair for Education and Philanthropy The annual Access Bank Polo and Charity event at the Guards Polo Club in Egham, Surrey was once again a remarkable gathering of royalty, diplomats, political leaders, the business community, and supporters of Access Bank. This prestigious event not only showcases the elite sport of polo but also serves as a fundraising platform to support underprivileged children’s access to quality education. The Access Bank Polo event is held in partnership with the Fifth Chukker Resort,…
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