Business Hilights

Tracking Nigeria's Headline Business News Online

Nnamdi Okonkwo

Fidelity Bank beats hostile operating environment to up half year profit to N13bn

At the height of national economic fragility, leading retail banking giant, Fidelity Bank Plc has released its half year (H1) performance, posting a buoyant Profit After Tax (PAT) of N11.8 billion against N9.03 billion recorded same period in 2017. Further…

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…

WorldRemit expands footprint in Nigeria, seals partnership deal with Fidelity Bank

New window of opportunity in seamless instant money transfers to Nigeria by citizens in Diaspora has landed in Fidelity Bank following the sealing of partnership understanding with global digital money transfer giant, WorldRemit Group. Apart from deepening the leadership of…

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…

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…

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…

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…

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…

Fidelity Bank deepens earnings, hits N85.8bn in half year performance

In its results released at the Nigerian Stock Exchange (NSE), Fidelity Bank has shown resilience to recession by posting strong financial performance in the first half of 2017 with gross earnings of N85.8billion in its audited results. Otherwise, the first…