Man Says ₦20,000 Fidelity Bank Shares Are Worth ₦5,332 After 18 Years
A man has sparked debate after saying his ₦20,000 investment in Fidelity Bank shares, bought about 18 years ago, is now worth ₦5,332. In a video circulating online, he displayed documents linked to the investment and said he had not checked the shares for years. He said renewed interest in Dangote Refinery's share offer prompted him to review the old holding. The claimed value has not been independently verified. The worth of a long-held share investment may be affected by the number of shares purchased, dividends, bonus issues, rights issues, other corporate actions and unclaimed dividends. His experience has reopened discussions about long-term investing and whether ₦20,000 invested years ago might have produced better returns in shares, land or other assets.
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