BUSINESS

Fidelity Bank Plc, a tier-2 lender in Nigeria, led by Nneka Onyeali-Ikpe as its chief executive officer, is in the news again for the wrong reason, THE WITNESS reports. The bank which prides itself as a lender which can be trusted and trading with the tagline “We are Fidelity, we …

A rush by shareholders to cash in on a slight increase in the share value of Unity Bank has caused value of share of the financial institution to dip by N467.57 million. Last week, shareholders of Unity Bank saw their investment rise by 3.3 percent following renewed investors’ interest in …

As the Unity Bank Plc situation drags on, with board members losing patience, E-Nigeria Newspaper has learned that former President Olusegun Obasanjo has stepped in to save the bank’s MD/CEO, Tomi Somefun. Somefun, a pastor with the Redeemed Christian Church of God (RCCG), is claimed to be inept and allegedly hires consultants …