Updated May 23, 2025 • 1-min read
Posted by Anonymous
May 23, 2025
1 answer
Posted by Anonymous - May 23, 2025
Honestly, I think when a CEO like Nneka Onyeali-Ikpe buys millions more shares of her own bank, she’s basically saying, “I believe in this place for real.” I remember hearing stories about execs dumping stock before bad news hits, so it feels kind of cool when the opposite happens and a top boss is actually buying in.
She dropped around N366 million for 18 million extra shares just lately, and this isn’t even the first time! It happened back in November too. Most people would say she's betting her own money because she trusts that the bank is heading somewhere good, even though some folks think maybe she wants to look confident for show—especially since there’s some legal mess from old times floating around.
But the rules in Nigeria’s stock market are super strict, and her move matched every guideline, which I guess is smart since you don’t want a scandal. If you’re a normal shareholder, it probably feels solid seeing the boss put her cash where her mouth is. If I owned Fidelity Bank shares, I’d probably chill a bit after hearing this. Anyone who thinks it’s all a front might just be too cynical, because money like that isn’t play money for anyone! If you’re thinking of investing or just following the bank, it’s one of those details that shows whether management is actually backing their talk with real moves.
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