Data from the NGX shows the bank’s market capitalisation climbed to N1 trillion on Wednesday after its stock rose by 1.27 percent — from N19.75 on Tuesday to N20.
The valuation surge positions Fidelity Bank among an elite group of Nigerian financial institutions whose market worth exceeds N1 trillion.
Others in this exclusive club include Zenith Bank, Access Bank, United Bank for Africa (UBA), Guaranty Trust Bank (GTB), and First Bank.
This milestone comes amid increased investor confidence in the bank’s leadership and financial health.
