Fidelity Bank Makes Strategic Chairman Appointment, Names Amaka Onwughalu Board Leader
Fidelity Bank Plc has appointed Mrs Amaka Onwughalu as its new Chairman, effective January 1, 2026, following the completion of Mr Mustafa Chike-Obi’s tenure.
Equities Market Sustains Rally as Investors Gain ₦257bn
Equities closed higher as sustained buying interest lifted market capitalisation by ₦257 billion, extending the Nigerian stock market’s positive momentum.
Naira Rebounds, Gains N1.65 Against Dollar at Official Market
The Naira strengthened at the official market on Friday, gaining N1.65 against the U.S. dollar, according to data from the Central Bank of Nigeria.
Nigerian Stock Market Records Significant Market Loss as Equities Dip 0.33%
The Nigerian stock market posted a market loss of N311bn as key indices fell by 0.33% following profit-taking in major equities.
Yuan Strengthens to 7.1106 Against Dollar as Central Parity Rises
The yuan strengthened to 7.1106 per dollar on Sept. 22, 2025, after China raised the central parity by 22 pips. Analysts say the move reflects Beijing’s cautious policy stance, global dollar weakness, and improving capital flows.
