Business Hilights

Tracking Nigeria's Headline Business News Online

Fidelity Bank

Fidelity Bank, BoI launch flexible lending scheme for Aba leather workers’

Fidelity Bank Plc has keyed into the grow speed of leather works in the industrial city of Aba in Abia State by sealing a flexible lending scheme with the Bank of Industry (BoI). The lending scheme known as Aba Finished…

Fidelity Bank set to join Tier-1 big boys over smart completion of 4-year growth plan

At a time several Tier-2 banks are struggling to remain afloat in the segment, all is set for the most SMEs friendly bank, Fidelity Bank is set to join tier-1 banking giants. Though analysts say adverse macroeconomic environment, and regulatory…

Mobile Money Nigeria
ICT

Weak infrastructure’ll derail rollout of 500,000 mobile money agent networks—AMMAN

Key challenge to face recently launched Shared Agent Network (SAN) initiative by the Central Bank of Nigeria (CBN) in partnership with commercial banks in driving massive financial inclusion has been identified by the national president, Association of Mobile Money Agents…

Fidelity Bank delivers set of strong financial results, posts 94% growth in profits

Leading retail banking group, Fidelity Bank has further demonstrated resilience and financial management discipline with the performance it recorded from the just released results for the year ended December 31, 2017. With 94 per cent rise in profit, the company…

Neconde files arbitration case against Shell over continued withholding of remittances

Key indigenous play in Nigeria’s oil and gas industry, Neconde, has instituted an arbitration case against Royal Dutch Shell as it continues to lift crude and failed to remit funds after a lease on an oil field had been sold….

Fidelity Bank now stands out with best risk mitigative system

Following its reception of Business Continuity Management System (BCMS) and ISMS certifications to improve resilience capabilities and risk management, Fidelity Bank now stands out among others as one of the financial institutions with the best platforms to deal with related…

Embrace partnership, shared services to grow businesses—Fidelity boss tells youths

Leading retail banking group, Fidelity Bank has called on start-ups and other businesses to embrace collaboration and take advantage of shared services and offerings to stay afloat in business. Speaking during a Business Entrepreneurship Empowerment and Professionalism (BEEP) conference organised…

CBN, Access, UBA, Fidelity, Zenith, others line up for Jo’burg Exchange honours

More than half of Nigerian commercial banks have been nominated for the Johannesburg Stock Exchange (JSE), in South Africa over their innovative performances in 2017. Banks of Africa is an initiative to recognise and promote financial service excellence across the…

fidelity-gmd
ICT

Fidelity Bank, SystemSpecs seal Federal revenue collections deal via *770#

Leading money deposit bank, Fidelity Bank has introduced a classy seamless collection and remittance of Federal Government Revenues via its Unstructured Supplementary Service Data (USSD) channel (*770#). The innovation, designed to drive collection of internally generated revenue (IGR), was a…

Fidelity Bank steps up CSR, trains, empowers youths in PH

*Fidelity Empowerment: Head, CSR at Fidelity Bank, Chris Nnakwe at #FidelityYEA4. Held in Port Harcourt recently to deepen job creation and growth in Small and Medium Enterprises (SMEs).