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Investors Affirm Support for Fidelity Bank Plc with 238% oversubscription in the First Phase of Equity Capital Raise
Investors Affirm Support for Fidelity Bank Plc with 238% oversubscription in the First Phase of Equity Capital Raise Leading financial institution, Fidelity Bank Plc, has announced the successful conclusion of the first tranche of its equity capital raise through its Public Offer and Rights Issue (the Combined Offer) following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN), and approval of the Basis of Allotment by the Securities and Exchange Commission (SEC). A total of 108,046 applicati…
Charles Odii: The Mastermind Behind Nigeria's SME Revolution
Charles Odii: The Mastermind Behind Nigeria's SME Revolution By Ochonu Ochonu In a world where innovation and progress are the hallmarks of success, one man is redefining the landscape of Nigeria's Small and Medium Enterprises (SMEs). Charles Odii, the dynamic leader of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), is orchestrating a transformative revolution that is empowering entrepreneurs, creating jobs, and driving national growth. In Charles Odii, the spirit of President Bola Tinubu's Renewed Hope A…
Fidelity Bank MD Commends Soludo's Infrastructural Development, Prudent Spending Without Borrowing
Fidelity Bank MD Commends Soludo's Infrastructural Development, Prudent Spending Without Borrowing The ongoing infrastructural development in Anambra State has received a commendation from the Managing Director and Chief Executive Officer of Fidelity Bank, Dr Nneka Onyeali-Ikpe, who was amazed that the numerous projects undertaken by Governor Charles Soludo were state-funded without plunging the state into debts. Dr Onyeali-Ikpe, whose curiosity was aroused by Governor Soludo's avalanche of massive projects during a project tour on Wed…
Arewa Youths Raise Alarm Over Alleged Plot By Amaechi, Attahiru Bafarawa to Destabilize Tinubu's Administration
Arewa Youths Raise Alarm Over Alleged Plot By Amaechi, Attahiru Bafarawa to Destabilize Tinubu's Administration The Reformed Arewa Youth Council of Nigeria (RAYCN) has raised concerns over an alleged plot by Rotimi Amaechi and Attahiru Bafarawa, to destabilise President Bola Ahmed Tinubu's administration. At a press conference on Thursday, the group claimed that the duo is working together with foreign elements and other national and international disgruntled elements to replicate the undemocratic overthrow of democratically elected …
Tinubu The Best Thing To Happen To Nigerians, Says Lagos Assembly
Tinubu The Best Thing To Happen To Nigerians, Says Lagos Assembly Members of the Lagos State House of Assembly on Thursday listed some achievements of the Bola Tinubu-led administration describing the President as a blessing to Nigeria. Speaking during plenary, the lawmakers took time to eulogise the President saying he came into office at a time when Nigerians were at a crossroads over the country's socio-economic status before the 2023 elections. Raising the motion, Hon. Tobun Abiodun (Epe I) told his colleagues that the policies ini…
Stanbic IBTC Capital leads Presco PLC’s ₦82.9 Billion Bond Issuance to drive West African market growth
Stanbic IBTC Capital leads Presco PLC’s ₦82.9 Billion Bond Issuance to drive West African market growth Presco PLC (Presco or the “Company”), has achieved a significant milestone with the successful issuance of its ₦82,896,000,000 7-year 23.75% senior unsecured fixed rate Series I Bonds under its ₦150 billion bond issuance programme (the "Transaction") with the Securities and Exchange Commission (“SEC”). Stanbic IBTC Capital Limited (“Stanbic IBTC Capital”) acted as the Lead Issuing House on the Programme. The proceeds from the Tr…
How Syndicate Bio is working to build Africa’s genomic data.
How Syndicate Bio is working to build Africa’s genomic data. Connecting Africa airs on CNN International on Tuesday 4th February 2025 at 2245 WAT Genomics, studying our genetic makeup, our DNA, to find new ways of treating diseases is becoming increasingly popular in the healthcare sector. Africa remains underrepresented when it comes to genomic research worldwide. Connecting Africa explores how Nigerian company, Syndicate Bio, are working towards finding new drug therapies tailored to the continent’s popula…
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