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    Security features of the new naira notes revealed by the CBN

    JUST IN: CBN orders banks to begin payment of new notes over the counter

    Atiku heads to Europe on ‘business trip’

    Why CBN should not extend naira swap deadline – Atiku

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    They want to starve us of funds – IPOB DOS cries out

    ‘Elements’ in Aso Villa want APC to lose election –  El-Rufai

    ‘Elements’ in Aso Villa want APC to lose election – El-Rufai

    Suspected herdsmen ambush Benue policemen, kill DPO

    Suspected herdsmen ambush Benue policemen, kill DPO

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    FG explains why Nigeria’s total debt will rise to N77 trillion by the end of May 2023

    U.S unemployment fell to a five-decade low

    U.S unemployment fell to a five-decade low

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rise above N44 trillion – DMO

    FG approves 39 licences for fish importation

    Q3 2022: Nigeria’s total trade stood at N11.6 trn, total export falls nearly 20% QoQ

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    JUST IN: CBN limits weekly cash withdrawal to N100k

    Law to legalize crypto as a payment method passed in Brazil

    Law to legalize crypto as a payment method passed in Brazil

    Will Nigerians in diaspora be committing an offence if they make a campaign donation?

    Rivers and Oyo State to join others in establishing small claims courts

    Non-oil sector contributes 93.67% to Nigeria’s GDP in Q2 2022

    Nigeria’s GDP growth slows to 2.25% in Q3 2022, oil sector contribution declines further

    Buhari to unveil new naira notes Wednesday — no longer Dec 15

    Buhari to unveil new naira notes Wednesday — no longer Dec 15

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
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    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    Equities Market Recorded Gains… As NGX-ASI Grows Marginally By 0.49%

    Equity Market turns bearish… As Value Traded Spikes by 409.01%

    The Local bourse Closed The Week Bearish… As the NGX-ASI fell by 0.18%.

    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    NGX-ASI Turns Bullish…As Oil & Gas sector closed at a Gain of 1.58%

    The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

    Local Bourse Records 2nd Day Loss…… As NGX-ASI Decreases by 0.02%

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    2022 financial year: UAC of Nigeria posts N2.69 billion loss

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    FACT CHECK: Did Buhari inherit lowest oil production as Tinubu claims?

    FACT CHECK: Did Buhari inherit lowest oil production as Tinubu claims?

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Fidelity Bank commences audit of 2020 Annual Financial Statements and closed period

Saturday, 28 November 2020, 8:15 am
in Business, Companies
0
Delisting of Fidelity Bank Plc’s N30 billion Bond
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Fidelity Bank Plc (NSE: FIDELITY) has informed The Nigerian Stock Exchange and the general public that the audit of the Bank’s 2020 Annual Financial Statements has commenced in line the Bank’s corporate governance practice.

  • Read also; Half Year 2020: Golden Guinea Breweries Plc returns to profitability
  • Stanbic IBTC Holdings Plc to commence closed period for 2020 full year financial statements

According to the corporate release seen by Investogist, the Bank stated that upon completion of the audit, the Audited Statements shall be presented to the Central Bank of Nigeria for approval and thereafter, published in compliance with the provision of The Nigerian Stock Exchange Rule Bool and other relevant statutes and/or regulations.

The Bank said that it expects to publish the Audited Financial Statements for the Year ended December 31, 2020, on or before March 31, 2021.

In addition, the trading window for dealings on the Bank’s shares shall be closed to all insiders from December 1, 2020, until 24 hours after the release of the Bank’s audited Financial Statements for the year ended December 31, 2020.

Fidelity reported a Profit of N20.406 billion for the 9 months period ended 30 September, 2020, an improvement on the N19.056 billion reported for the same period in 2019.

Fidelity Bank Plc is a company incorporated in Nigeria on 19 November 1987. The registered address of the Bank is at Fidelity Place, 1 Fidelity Bank Close Off Kofo Abayomi Street, Victoria-Island, Nigeria.

The principal activity of the Bank is the provision of banking and other financial services to corporate and individual customers. Fidelity Bank Plc provides a full range of financial services including investment, commercial and retail banking.

The bank has a market capitalization of N75.334 billion, with 28.974 million outstanding shares.

By; Nnamdi M.

Related Posts:

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