• Home
  • About Us
  • Contact Us
Monday, October 2, 2023
Star Lite News
  • Home
  • News
    • All
    • Business
    Independence anniversary

    FG Declares Monday Public Holiday To Mark Her 63rd Independence Anniversary

    Sam Larry

    Breaking: Sam Larry now in police custody

    Wema Bank

    Moruf Oseni’s Wema Bank, Lagos family fight dirty over property

    Muhammad Nami-FIRS

    Moruf Oseni’s Wema Bank, Lagos family fight dirty over property

    Nigeria Passport

    Immigration Cleared 60,000 Passports Backlog In 4 days, Says FG

    Canada

    Canada Announces Visa-free Air tTavel Policy For Nigerians, Others

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Nuel Asii

    New Release: Rescue by Nuel Asii

    Senator

    Senator To Meet Cycling Davido’s Fan, Pledges To Sponsor His Music Career

    Sinead O’Connor’s

    Irish Singer Sinéad O’Connor Dies Aged 56

    Davido

    U.S City Declares July 7 As Davido Day

    Iyabo Oko

    Veteran Nollywood Actress, Iyabo Oko Is Dead

    Al Pacino

    Al Pacino, 83, Set To Become Father Again After Revealing Girlfriend, 29, Is Pregnant

  • Lifestyle

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
  • Home
  • News
    • All
    • Business
    Independence anniversary

    FG Declares Monday Public Holiday To Mark Her 63rd Independence Anniversary

    Sam Larry

    Breaking: Sam Larry now in police custody

    Wema Bank

    Moruf Oseni’s Wema Bank, Lagos family fight dirty over property

    Muhammad Nami-FIRS

    Moruf Oseni’s Wema Bank, Lagos family fight dirty over property

    Nigeria Passport

    Immigration Cleared 60,000 Passports Backlog In 4 days, Says FG

    Canada

    Canada Announces Visa-free Air tTavel Policy For Nigerians, Others

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    Nuel Asii

    New Release: Rescue by Nuel Asii

    Senator

    Senator To Meet Cycling Davido’s Fan, Pledges To Sponsor His Music Career

    Sinead O’Connor’s

    Irish Singer Sinéad O’Connor Dies Aged 56

    Davido

    U.S City Declares July 7 As Davido Day

    Iyabo Oko

    Veteran Nollywood Actress, Iyabo Oko Is Dead

    Al Pacino

    Al Pacino, 83, Set To Become Father Again After Revealing Girlfriend, 29, Is Pregnant

  • Lifestyle

    MKH staff celebrate Chairman’s Mother as she clocks 66…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Business
  • Politics
  • World
No Result
View All Result
Star Lite News
No Result
View All Result
Home Banking News

Fidelity Bank Reclassified As Medium Price Stock

starliteadmin by starliteadmin
July 23, 2023
in Banking News, Business
0
Fidelity Bank
0
SHARES
0
VIEWS
Share on FacebookShare on WhatsAppShare on Twitter

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 least four of the most recent six months of trading, or new security listings priced above N5 per share at the time of listing on NGX are classified as medium price stock,” the statement said.

“According to NGX, Fidelity Bank Plc. traded above the N5.00 mark on 20 February 2023 and has remained above the N5 mark up until close of business on 30 June 2023.

“This indicates that FIDELITYBK has been trading above N5 for at least four (4) months in the last six (6) months. Therefore, it should be reclassified from small price stock to medium price stock.”

The Nneka Onyeali-Ikpe-led bank has continued to post commendable financial performance every quarter as it cements its position amongst tier-one banks in the country.

Tags: Fidelity Bank PlcMedium Price StockNigerian Exchange LimitedNneka Onyeali-IkpeStarlitenews
Previous Post

AKMODEL Groups MD Bldr Abdulhakeem Odegade Celebrates Mrs Adebukola Agbaminoja On Her 50th Birthday

Next Post

Vice Chancellors Hail Dangote’s Impact On Nigeria’s Agricultural Revolution

starliteadmin

starliteadmin

Related Posts

Access Bank

Access Bank Establishes Dedicated Desk To Enhance Agric Lending

by starliteadmin
September 28, 2023
0

Access Bank Plc has launched a dedicated Agriculture Desk that would support agribusiness and boost food security in Nigeria as...

Dangote Cement

Empowerment: Dangote Cement Ibese Sponsors 17 Host Communities Youths On Leadership Skills

by starliteadmin
September 28, 2023
0

As part of its Corporate Social Responsibility (CSR) towards empowering residents of its host communities, Dangote Cement Plc, Ibese Plant...

Dangote Cement

Dangote Cement Plc’s Management Roadshow at the London Stock Exchange

by starliteadmin
September 26, 2023
0

L-R: Head, Investor Relations, Dangote Cement Plc, Temilade Aduroja; Non-Executive Director, Dangote Cement Plc, Olakunle Alake; Independent Non-Executive Director, Dangote...

First Bank

FirstBank Sponsors Africa International Trade Exhibition, New York, Promotes Foreign Direct Investment in the Continent

by starliteadmin
September 25, 2023
0

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, sponsored the Africa International Trade Exhibition (A.I.T.E...

Dangote Cement Prirce

Dangote Debunks News Reducing Cement Price

by starliteadmin
September 25, 2023
0

Dangot Debunks News Reducing Cement Price. Dangote Cement Prirce

Dangote Clean Air Factory

Clean Air: Dangote Cement Reaching For The Blue Skies

by starliteadmin
September 25, 2023
0

By Francis Awowole-Browne Air pollution has been identified as one of the greatest environmental risk to human health with far-reaching impacts owing...

Next Post
Visit To Dangote By Vice - Chancellors

Vice Chancellors Hail Dangote's Impact On Nigeria’s Agricultural Revolution

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

  • A Day With Legends of Nollywood

    Legends of Nollywood Financial Summit Is Here, Meet The Speakers: Apostle Anselm Madubuko, Mrs. Bukola Agbaminoja, Pst. Moji Bakare Asieru-sweet, Others

    0 shares
    Share 0 Tweet 0
  • RECRA 2023 Host Gov. Babajide Sanwo-Olu, Bldr. (Dr.) Abdulhakeem Odegade, Paul Obazele, Other Eminent Personalities

    0 shares
    Share 0 Tweet 0
  • Akmodel M.D. Bldr.(Dr.) Odegade, Mr. Olajide Lawal, Nancy Isime, Others Receives Award At Eko Heritage Awards (Photos)

    0 shares
    Share 0 Tweet 0
  • M.D Of AKMODEL GROUPS, Bldr. (Dr.) Odegade, Paul Obazele, Favour Benson, Mrs Janet Mordi (M.D Zekod Farms LTD.) Mr. Ralph (Viju Industries), Others Attends RECRA 2023 (Photos)

    0 shares
    Share 0 Tweet 0
  • Akmodel First Physical Allocation At Akmar Flourish Gardens Epe (Photos)

    0 shares
    Share 0 Tweet 0

Recent Posts

  • FG Declares Monday Public Holiday To Mark Her 63rd Independence Anniversary
  • AKMODEL Homes And Properties To Launch Mega Double Estate Tagged: Unveiling The Box Of Your Luxury
  • Breaking: Sam Larry now in police custody
  • Mohbad Gave His Life For Others To Rise – Favour Benson
  • Access Bank Establishes Dedicated Desk To Enhance Agric Lending
Starlite news icon

Browse by Category

Archives

  • Home
  • About Us
  • Contact Us

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Contact Us
  • About Us
  • Business
  • Politics
  • World
  • Entertainment
  • Lifestyle

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.