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Home Business & Finance Business

‘Integrity questioned’ Two Fidelity Bank executives in insider dealings scandal

Freelanews by Freelanews
September 28, 2020
in Business
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Fidelity Bank Plc, a leading commercial bank has reported insiders’ dealings in share involving Mr Mustafa Chike-Obi, a Non-Executive Director and Mr Gbolahan Joshua both Executive Directors of the bank.

Ezinwa Unuigboje, Company Secretary who filed the notice at the Nigerian Stock Exchange said Chike-Obi purchased 32,444,094 units at N1.62 with N52,559,432.28 while Mr Gbolahan Joshua purchased 6,300,000 at N1.86 with N11,718,000.

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The two transactions were said to have taken place on September 25, 2020.

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Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

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