The Managing Director/Chief Executive Officer, Fidelity Bank Plc, Nneka Onyeali-Ikpe has been presented the award of the Banker of the Year 2022 at the 14th Leadership Annual Conference and Awards. Organized by Leadership Media Group, publishers of Leadership newspapers, the colourful ceremony was held at the Abuja International Conference Center on Tuesday, 31 January 2023. The well-attended event was chaired Read More
Fidelity Bank recently hosted the maiden edition of its international trade expo in the United Kingdom where Nigerian-based businesses were showcased to the world. The expo tagged -the Fidelity International Trade and Creative Connect (FITCC), featured a host of activities designed to position Nigerian businesses for increased partnership, financing, product-offtake and investment opportunities in the United Kingdom and Europe. According Read More
As part of its efforts towards facilitating the distribution of petroleum products across the country and in support of the federal government’s reforms in the nation’s oil industry, leading financial institution, Fidelity Bank Plc, recently joined President Muhammadu Buhari and a host of dignitaries to commission the Pinnacle Oil and Gas Terminal in Lekki, Lagos. Situated in the Lekki free Read More
Fidelity Bank sent $421 million to settle a Eurobond due today, even as Nigeria continue to grapples with a growing scarcity of foreign exchange. The Lagos-based bank transferred the sum on Oct. 13 for the settlement of the five-year, dollar-denominated bond issued in 2017 with a coupon of 10.75 per cent, according to a document seen by Bloomberg and confirmed Read More
In continuation of its bid to help Nigerian businesses compete favourably in international markets, leading financial institution, Fidelity Bank Plc, has announced plans to host the maiden edition of the Fidelity International Trade and Creative Connect (FITCC). Scheduled to hold on Tuesday, 15 and Wednesday, 16 November 2022 in London, United Kingdom, FITCC will host leading businesses, entrepreneurs, investors and Read More
In order to raise money for more expansion of its operation, Fidelity Bank has concluded an arrangement to sell a significant part of its stake to private investors. The creditor is willing to sell 3.03 billion unissued shares of the company in a private placement dated September 30, revealed. According to an estimate of the sales by Ripples Nigeria, the Read More
In what has been termed a major move to bridge the gap in helping small businesses access much needed funding and capacity development initiatives, leading financial institution -Fidelity Bank Plc – has announced a strategic partnership with the Small and Medium Enterprises Development Agency (SMEDAN). At a Memorandum of Understanding (MOU) signing ceremony held in Lagos recently, the Managing Director/Chief Read More
The Managing Director and Chief Executive Officer of Fidelity Bank, Mrs. Nneka Onyeali-Ikpe, has said that expanding the Nigeria’s cocoa industry is capable of providing additional foreign exchange revenue to the tune of about $3 billion a year. Onyeali-Ikpe made this remarks at the 2022 Finance Correspondents Association of Nigeria, FICAN, conference with the theme – “Boosting Domestic Capacity for Read More
Fidelity Bank, Stanbic IBTC and FirstBank are among the top five performing Nigerian banks in the second quarter of 2022, according to the financial reports of 12 banks under survey. Both Zenith Bank and Union Bank dropped from the top five list in the second quarter of 2022, indicating declining performance, with Fidelity Bank and Wema Bank replacing them. The Read More
Leading financial institution, Fidelity Bank Plc, has intimated the public of its proposed acquisition of Union Bank UK as part of its expansion plans. In a regulatory filing issued on the Nigeria Exchange (NGX) on Tuesday, 30 August 2022, the bank stated that it has entered into a binding agreement for the acquisition of 100% equity stake in Union Bank Read More
Contrary to reports in some sections of the online media, Union Bank UK which Fidelity Bank Plc announced that it has reached an agreement to acquire, is not part of Union Bank of Nigeria Plc recently acquired by Titan Trust Bank (TTB) Limited. Recall that earlier in the year, Titan Trust Bank (TTB) through its parent company, Tropical General Investments Read More
Fidelity Bank Plc has rewarded 10 customers with N1million each in the eight monthly draw of its Get Alerts in Millions season five promo (GAIM 5). Dr Ken Opara, the Promo Chairman and Executive Director, Lagos and South-West, said at the prize presentation on Wednesday in Lagos that the promo was aimed at promoting financial inclusion. Opara said that the Read More
Fidelity Bank Plc – has once again demonstrated its devotion to boost the volume of non-oil exports in the country as it recently hosted entrepreneurs within the North-Central geopolitical zone of Nigeria to the 13th edition of its Export Management Programme (EMP 13) in Abuja. The event which was a five-days intensive programme, held between Monday, 18 and Friday, 22 Read More
Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘BBB+(nga)’. According to the global rating agency, the upgrade is a result of the Bank’s improving business profile and resilient financial metrics. The agency added that the Read More
Ten more customers of Fidelity Bank Plc, yesterday, got rewarded with N10 million in the bank’s season 5 edition of its savings promo tagged “Get Alert in Millions (GAIM 5)”. The seventh monthly prize presentation ceremony of the campaign, which was witnessed by representatives of the National Lottery Regulatory Commission (NLRC) and Federal Competition and Consumer Protection Commission (FCCPC) in Read More
Leading financial institution, Fidelity Bank Plc, recently commissioned the newly renovated Madrasatul Anwarul Islam school in Zaria, Kaduna State as part of its Corporate Social Responsibility (CSR) initiatives targeted across Nigeria. Established over five decades ago by the emir’s father, late Maga in garin Zazzau, Alhaji Nuhu Bamalli, Madrasatul Anwarul Islam is the alma mater of the current Emir of Read More
Young banking professionals have been encouraged to embrace integrity, innovation and personal development in order to excel in their banking careers. This advice was given by Chief Executive Officer, Fidelity Bank Plc, Nneka Onyeali-Ikpe, who was the special guest of honour at the graduation ceremony of stream 1 mentees of the Chartered Institute of Bankers of Nigeria (CIBN) mentoring scheme. Read More
Fidelity Bank Plc, has introduced a bouquet of products designed to help schools run profitably and seamlessly. Specifically targeted at privately-run primary, secondary and tertiary educational institutions in the country, the collection of products include financial and non-financial products put together to help schools enhance the quality of services they render, scale their operations and increase revenue. In a chat Read More
Governor Simon Lalong of Plateau state has lauded the RT200 FX Programme by the Central Bank of Nigeria’s (CBN), stating that the nation stands to gain a lot in terms of expanding its foreign exchange earning capacity through previously underutilised sectors. The governor made this declaration at the recently held CBN RT200FX Policy Sensitization seminar hosted by Fidelity Bank Plc Read More
Access Bank, GTCO, Stanbic IBTC, Zenith Bank, Anheuser-Bush Inbev and 20 others have made LinkedIn’s Top 25 best places to work in Nigeria in 2022. This was disclosed by LinkedIn, a global professional network company, in a statement issued and seen by Nairametrics on Tuesday. According to LinkedIn, the companies offer stability in the ever-changing world of work, as they Read More
Dr Kenneth Opara Ph.D, FCIB, Executive Director -Lagos and Southwest of Fidelity Bank Plc has been appointed the 22nd President of the Chartered Institute of Bankers of Nigeria. Dr Opara, who was the erstwhile 1st Vice-President of the institute, was elected unopposed at the institute’s 2022 Annual General Meeting held at the Bankers’ House, Adeola Hopewell, Victoria Island, Lagos on Read More
Fidelity Bank Plc will tutor 4,000 students in 36 schools across Nigeria on the value of managing financial resources effectively in order to improve their economic well-being. This initiative, organised in collaboration with Junior Achievement Nigeria (JAN), is part of the activities celebrating the Central Bank’s (CBN) annual Global Money Week (GMW), which promotes financial literacy on a global and Read More
Fidelity Bank Plc, is set to host a workshop for businesses looking to scale and expand their reach into new international markets. The training, which is scheduled for Wednesday, 6 April 2022 in Aba, Abia State, is being put together in collaboration with Export & Sell Limited -a trade enabling platform that facilitates the listing of Nigerian businesses on Amazon Read More
Ten customers of Fidelity Bank Plc have smiled home with N1million each having emerged winners in the fourth monthly draw of the Fidelity Bank Get Alerts in Millions season 5 promo (GAIM 5). Speaking at the prize presentation event in Lagos, the Promo Chairperson and Executive Director, Lagos and South-West, Fidelity Bank Plc, Dr. Ken Opara who was represented by Read More
In a bid to deepen positive customer experience and create new opportunities for businesses to grow revenue, Fidelity Bank, has launched the PayGatePlus, payment gateway. The solution which is in collaboration with OnePipe. PayGatePlus, which is an upgraded version of the legacy PayGate product by the bank, is a payment solution and a comprehensive embedded finance platform that empowers organisations Read More
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