Skip to content

Ova News NG

Ova News NG feed V2

Primary Menu
  • HOME
  • NEWS
  • ENTERTAINMENT
  • SPORTS
  • POLITICS
  • WORLD NEWS
  • LIVE FOOTBALL SCORES
  • Home
  • NEWS
  • Fidelity Bank MD Purchases Additionally 18,000,000 Shares Of Bank
  • NEWS

Fidelity Bank MD Purchases Additionally 18,000,000 Shares Of Bank

ovanews 2 months ago 1 min read
Share:

 

Fidelity Bank Plc has announced the purchase of 18,000,000 units of shares by its Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe.

This was disclosed in a notice of directors’ dealings published on the Nigerian Exchange on May 19, 2025, and signed by the Company Secretary, Ezinwa Unuigboje.

According to the disclosure, the 18,000,000 units of shares were acquired at a price of N20.35 per share, bringing the total value of the purchase to approximately N366.3 million.

The transaction, which took place in Lagos, was dated May 19, 2025, and recorded under the identification code NGFIDELITYB5.

With this purchase, Dr. Onyeali-Ikpe’s total shareholding in Fidelity Bank has risen from 94,644,260 units to 112,644,260 units—an increase of 19.02%.

Her stake now represents 29.03% of total director shareholding, up from 25.56% as of December 31, 2024.

The acquisition also appears to have fueled trading activity, with Fidelity Bank leading the volume chart on May 19, 2024, with 60.1 million shares exchanging hands on the Nigerian Exchange.

Facebook Comments Box
Share:

Related:

  • Niger Flood Disaster: Death Toll Rises To 200
    Niger Flood Disaster: Death Toll Rises To 200
    NEWS
  • cropped-fb_img_15824808200841041-1.jpg
    Nigerians Abandon Freezers, Pressing Irons,…
    NEWS
  • cropped-fb_img_15824808200841041-1.jpg
    FEATURE: How Enugu’s Porous Borders Aid Kidnapping In Udenu
    NEWS
  • cropped-fb_img_15824808200841041-1.jpg
    Japa: The Courage And Cost Of Nigeria’s Great Exodus
    NEWS
  • Jason Njoku reflects on IrokoTV’s $100M gamble: ‘Streaming wasn’t the right model for Nollywood.’
    Jason Njoku reflects on IrokoTV’s $100M gamble:…
    ENTERTAINMENT

Continue Reading

Previous: Tinubu Inaugurates NNPC Board, Ojulari Sets Production Target At 1.9m Barrels
Next: Finance Minister Inaugurates AMCON New Board
  • Recent
  • NNPC Ltd Donates 35 CNG Buses To FG
    • NEWS

    NNPC Ltd Donates 35 CNG Buses To FG

  • MRS filling station reduces fuel price to compete with NNPCL
    • NEWS

    MRS filling station reduces fuel price to compete with NNPCL

  • Club World Cup: Chelsea suffer fresh major blow ahead of Fluminense clash
    • NEWS

    Club World Cup: Chelsea suffer fresh major blow ahead of Fluminense clash

  • Dangote Cement speaks on truck accident that killed several persons in Benue
    • NEWS

    Dangote Cement speaks on truck accident that killed several persons in Benue

  • Atiku may not be destined to be Nigeria’s president — Bwala
    • NEWS

    Atiku may not be destined to be Nigeria’s president — Bwala

  • I’m afraid of returning to Liverpool – Salah reacts to Jota’s death
    • SPORTS

    I’m afraid of returning to Liverpool – Salah reacts to Jota’s death

  • Reekado Banks raises concerns over music executive exploiting upcoming artists
    • ENTERTAINMENT

    Reekado Banks raises concerns over music executive exploiting upcoming artists

  • Breaking: Court Convicts Natasha Uduaghan Of Contempt, Ordered To Pay N5m
    • NEWS

    Breaking: Court Convicts Natasha Uduaghan Of Contempt, Ordered To Pay N5m

  • I’m no longer sure of marrying my babymama – Singer Reekado Banks makes U-turn
    • ENTERTAINMENT

    I’m no longer sure of marrying my babymama – Singer Reekado Banks makes U-turn

  • Breaking: Court Orders Senate To Recall Suspended Senator Natasha
    • NEWS

    Breaking: Court Orders Senate To Recall Suspended Senator Natasha

  • NNPC Ltd Donates 35 CNG Buses To FG
    • NEWS

    NNPC Ltd Donates 35 CNG Buses To FG

  • MRS filling station reduces fuel price to compete with NNPCL
    • NEWS

    MRS filling station reduces fuel price to compete with NNPCL

  • Club World Cup: Chelsea suffer fresh major blow ahead of Fluminense clash
    • NEWS

    Club World Cup: Chelsea suffer fresh major blow ahead of Fluminense clash

  • Dangote Cement speaks on truck accident that killed several persons in Benue
    • NEWS

    Dangote Cement speaks on truck accident that killed several persons in Benue

  • Atiku may not be destined to be Nigeria’s president — Bwala
    • NEWS

    Atiku may not be destined to be Nigeria’s president — Bwala

SECTIONS

  • ENTERTAINMENT
  • NEWS
  • POLITICS
  • SPORTS
  • WORLD NEWS

Get all Latest Ova News Feeds on the Go! 👋

Sign up to receive all Our latest News content Recap in your inbox every weekend.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Quick Links

  • News
  • Entertainment
  • Live Football Scores
  • Premier League Scores

Legal

  • Terms of Use
  • Privacy Policy

Connect with Us

  • Contact Us
  • Advertise
Copyright © 2025 Ova News Network | Created by Ben Ova O. | All Rights Reserved.
pixel