JUST IN: NAFDAC clarifies 700k fee for reopening of shops in Ogbo-ogwu Onitsha market. According to NAFDAC, two key administrative charges were enforced: an investigative fee of N5 million for the sale of unregistered products, which was later reduced to N200,000 after pleas; and a separate N2 million charge for violating Good Storage and Distribution Practices, also reduced to N500,000, making a total if N700k Admin Nibo

Amidst the scare of bankruptcy driven by Fake NEWS media, Nneka Onyeali-Ikpe, the CEO/MD of Fidelity Bank, increased her stake in the bank by acquiring an additional 18 million units’ shares, valued at N366.3million. The shares were purchased in a transaction on May 19, at a price of N20.35 per share on the Nigerian Exchange Limited (NGX). Interestingly, last November, Nneka Onyeali, increased her stake in the bank by acquiring an additional 10 million shares, valued at N157.9 million. During the Bank IPO in July/August 2024, she said the shares were going to be oversubscribed What's even more interesting is that amongst all the other other banks that did Public Offer, Fidelity shares performance is the most outstanding Respect to Nneka and the team at Fidelity You really have kept to your word #moneylessons247