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First Bank: Shareholders Task Regulators on Disclosure Requirements


By Goddy Egene
Shareholders have advised the Securities and Exchange Commission (SEC), the Nigerian Exchange Regulation Limited (NGX REGCO), and other regulators in the financial sector to strengthen their disclosure requirements for quoted companies.
The shareholders said this following recent revelation by the Central Bank of Nigeria (CBN) that First Bank Nigeria Limited, which is a subsidiary of FBN Holdings Plc, had been enjoying forbearance since 2016. And this forbearance was not disclosed in the audited financial statements submitted to the NGX REGCO.
Speaking to THISDAY, the National Coordinator, Pragmatic Shareholders Association of Nigeria (PSAN), Mrs. Bisi Bakare, said it was shocking to know that FBN Holdings, which is one of the leading firms listed on the stock exchange, had been submitting its annual reports without disclosing the forbearance it had been enjoying from CBN. ....

Bisi Bakare , Anthony Omojola , Goddy Egene , Central Bank , Holdings Plc , Exchange Commission , Oceanic Bank , Shareholders Association Of Nigeria , Pragmatic Shareholders Association Of Nigeria , First Bank Nigeria , Nigerian Exchange Regulation Limited , National Coordinator , Intercontinental Bank , First Bank Nigeria Limited , Pragmatic Shareholders Association , Independent Shareholders Association , Bernard Longe , பிசி பாக்றே , மைய வங்கி , ஹோல்டிங்ஸ் ப்ல் , பரிமாற்றம் தரகு , கடல் வங்கி , பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , ப்ர்யாக்‌ம்யாடிக் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , முதல் வங்கி நைஜீரியா , தேசிய ஒருங்கிணைப்பாளர் ,

Fidelity Bank targets Tier 1 by 2025 – Onyeali-Ikpe


Fidelity Bank targets Tier 1 by 2025 – Onyeali-Ikpe
By Chinyere Joel-Nwokeoma
Lagos, April 30, 2021 The Managing Director of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, said that the top priority during her tenure would be to ensure the bank’s emergence as a Tier 1 financial institution by 2025.
Onyeali-Ikpe disclosed this on the sidelines of the bank’s 33rd Annual General Meeting (AGM) in Lagos on Friday.
She said that the bank was also targeting to achieve 7.5 per cent of the market share in total deposit by 2025.
Onyeali-Ikpe said that the bank would achieve the targets through digitisation of processes and innovation.
“We will digitalise our processes; ensure that we have a strong staff welfare by taking care of our employees. ....

Chinyere Joel Nwokeoma , Bisi Bakare , Mustapha Chike , Nneka Onyeali Ikpe , Farouk Umar , Pragmatic Shareholders Association Of Nigeria , Fidelity Bank Plc , Board Of Directors Fidelity Bank , National Coordinator , Managing Director , Mrs Nneka Onyeali Ikpe , Annual General Meeting , Nigeria Shareholders , Mrs Bisi Bakare , Pragmatic Shareholders Association , Mustapha Chike Obi , Fidelity Bank , பிசி பாக்றே , மஸ்டேயஃப சிக்கி , ஃபேரூக் உமர் , ப்ர்யாக்‌ம்யாடிக் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , நம்பகத்தன்மை வங்கி ப்ல் , பலகை ஆஃப் இயக்குநர்கள் நம்பகத்தன்மை வங்கி , தேசிய ஒருங்கிணைப்பாளர் , நிர்வகித்தல் இயக்குனர் , ஆண்டு ஜநரல் சந்தித்தல் ,