Business Hilights

Tracking Nigeria's Headline Business News Online

Fidelity Bank Plc

Weak capacity key challenge of Nigerian SMEs—Okonkwo, Fidelity Bank CEO

The major factor frustrating the smooth operations of Small and Medium Enterprises (SMEs) in Nigeria has been identified by the Group Managing Director, Fidelity Bank Plc, Mr. Nnamdi Okonkwo. In his keynote address during the opening session of the entrepreneurship…

9Mobile
ICT

UK investors willing to offset 9mobile’s $1.2b debt closes in on deal

Chances of local investors cashing in on acquiring cash-strapped 9mobile are fading as Nigeria’s fourth largest telecommunications service provider, is gearing towards sealing a deal with investors from the United Kingdom. Investigations by Business Hilights showed that key pointer to…

9Mobile shop
ICT

Banks’ working collectively for early sale of 9Mobile—Okonkwo, Fidelity Bank CEO

As the 180 days window handed down to the receiver managers of 9Mobile continue to count, the managing director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has said that all the banks whose money is trapped are working together for…

Recession would have lasted if CBN had devalued naira—Okonkwo, Fidelity Bank MD

More reasons why Nigeria’s exit from recession was seamless are still emerging. Explaining issues during a recent interactive session with select editors and publishers in Lagos, the managing director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo said one of the…

Why Fidelity Bank posted 66% profit jump in audited Half Year results

Managing director and chief executive officer of Fidelity Bank Plc., Mr. Nnamdi Okonkwo has linked the impressive performance of the tier 2 lender which jumped to double digits growth in earnings and profits to operational resilience, management discipline and tailored…

Fidelity Bank donates hospital equipment in Bauchi, deepens CSR

Fidelity Bank Plc., has stepped up its Corporate Social Responsibility (CSR) interventions using its special purpose vehicle known as Fidelity Helping Hands Project (FHHP). Recently in North Eastern part of the country, the FHHP donated hospital equipment and renovated a…

Fidelity Bank committed to supporting non-oil export, votes N30bn

The Managing Director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has restated the resolve of his bank to grow non-oil export especially Nigerian made goods by way of providing ease to financial access. Speaking recently at a joint programme with…

Fidelity Bank working to create Aliko Dangotes of tomorrow—Okonkwo

The Managing Director/Chief Executive Officer of Fidelity Bank Plc., Mr. Nnamdi Okonkwo, has vowed to raise new set of industrialists like the leading industrial giant of present Africa, Alhaji Aliko Dangote, using a world class partnership with the Anambra State…

Business dev, germane innovations driving Fidelity Bank to new heights—Okonkwo

Chief Executive Officer of Fidelity Bank Plc., Mr. Nnamdi Okonkwo, who recently emerged Vice President of the Nigerian-British Chamber of Commerce (NBCC), has revealed the Midas touch pushing the bank to greater heights. Speaking in Lagos during the meeting of…

Fidelity Bank says new partnership with Visa’ll grow earnings, inclusion

Leading financial group, Fidelity Bank Plc., has said the new partnership it sealed with world largest payment network, Visa, on its mVisa new payment solution will apart from pushing up financial inclusion in Nigeria, boost earnings. Business Hilights gathered that…