Fidelity Bank Raises N259bn In Private Placement, Boosts Capital To N564.5bn

Fidelity Bank Plc has successfully raised N259 billion through a private placement of ordinary shares, significantly strengthening its capital position as Nigerian banks move to meet new regulatory requirements. In a statement released to the Nigerian Exchange Limited (NGX) on Tuesday, the bank said the private placement, which opened and closed on December 31, 2025,...The post Fidelity Bank Raises N259bn In Private Placement, Boosts Capital To N564.5bn appeared first on New Telegraph.

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