Business Hilights

Tracking Nigeria's Headline Business News Online

Fidelity Bank Plc

Fidelity Bank hails Temile Group over $120m shipbuilding deal with Hyundai

Financial giant, Fidelity Bank Plc., has hailed the recent epoch making new ship building deal between indigenous shipping group, Temile Development Company Limited and South Korean shipbuilder, Hyundai Heavy Industries (HHI) Limited. Fidelity Bank is the lead banker to Temile…

Fidelity Bank raises customer payment experience, unveils Flashkey Solution

Leading financial group, Fidelity Bank Plc has raised the bar in e-payment platform with the launch of Flashkey, an innovative solution designed primarily to allow customers send money and pay bills using their phone keyboards. The solution is configured without…

How strategic focus on SMEs stood out Fidelity Bank in sector development—Okonkwo

The Managing Director/Chief Executive of Fidelity Bank Plc, Mr. Nnamdi John Okonkwo has given insights on the innovative strategies that grossed the bank’s growth and development activities in the Small and Medium Enterprises (SMEs) sector of the economy. Explaining more…

Fidelity Bank flags off SME Funding Fair with expected N500m deals

Fidelity Bank Plc has apparently assumed Nigeria leading banking group with special interest in the growth and development of Small and Medium Enterprise (SME). This stemmed from the fact that the bank had over the years, been deepening support for…

Fidelity Bank plots 300% customer base surge this year with seamless services

Basking on its 2018 operations outlook, the Fidelity Bank Plc has projected 300 percent growth in its customer base this year expected to come from renewed drive in financial inclusion with the Central Bank of Nigeria (CBN). The Head Savings,…

Banks’ must evolve innovative solutions to capture 57% unbanked—Fidelity GMD

Critical sensitive assignment has been given to Nigerian money deposit banks by the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo. In his presentation at the just concluded 2018 Social Media Week (SMW) Lagos, he decried…

9Mobile
ICT

Why unveiling of new owners of 9mobile may not be this year but 2018 Q1

Indications emerged Thursday evening in Abuja that last minute reality checks made in readiness for the naming of the bid winner of 9mobile ran into clearance hitches traced to political interference and pockets of opposition coming from some banks whose…

Staff promotion is Fidelity Bank’s institutional reward system—Okonkwo

The Managing Director/Chief Executive Officer of Fidelity Bank Plc., Nnamdi Okonkwo, has revealed that the latest elevation of about 256 staff is part of the bank’s structured reward and recognition system. He noted that the feat was in demonstration of…

How Fidelity Bank disbursed N2.5b to 500 SMEs operators, by Okonkwo

Fidelity Bank Plc has revealed it has disbursed the sum of N2.5 billion out of the Central Bank of Nigeria (CBN) N220 billion Micro, Small and Medium Enterprises Development Fund (MSMEDF). Managing Director/ Chief Executive Officer of the bank, Mr…

Senate probe of Etisalat’s $1.2bn debt may disrupt buyers’ appetite—Experts

…As Fidelity Bank takes 5% impairment charge on debt Industry analysts have picked holes in recent move by the Senate on Tuesday to begin investigation into the crisis between Etisalat (now 9mobile) and 13 Nigerians banks over a $1.2bn loan….