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…
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,…
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…
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…
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….
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…
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…
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 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…