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CDS, General Musa underscores security as foundation for food productivity, nutrition system at SWAN event
The Chief of Defence Staff (CDS) General Musa Christopher Gwabin, has emphasized the indispensable link between national security, food productivity, and a robust nutritional system, asserting that sustainable food production and effective nutritional systems are unattainable without a secure environment. This declaration was made during the unveiling ceremony of the “Food Security and Sports Diplomacy”…
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Fidelity drives NGX early rally as investors swoop on bank stocks – By Iheanyi Nwachukwu
After muted days of buy activities, Nigeria’s stock market recorded early rally on Friday as invested pounced on the stocks of Fidelity Bank Plc. As at 11am, the NGX All Share Index (ASI) was up by 0.19 percent to 109,385.94 points. Fidelity Bank was up to N18.60, after adding N1.255 (6.63 percent). After Thursday’s negative…
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Fidelity Bank Increases Staff Salaries, Following Year-on-year Profitability
Tier-one lender, Fidelity Bank Plc, has recently announced salary increments for its staff following a remarkable full year 2024 financial performance. The salary increase announced in May follows a prior increment from November 2024 and aims to recognize staff contributions in customer service and achieving corporate goals. Dr. Nneka Onyeali-Ikpe: CEO of Fidelity Bank Plc.…
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Driver, passenger unconscious after SUV collides with minibus in Ajah, Lagos
A collision between a white Ford Jeep and a commercial mini-bus on the Lekki-Ajah corridor in Lagos has left the driver and a passenger of the bus unconscious, Lagos State Traffic Management Authority (LASTMA) director of public affairs and enlightenment, Adebayo Taofiq has disclosed. The accident occurred on Friday near Ikota School, inward Ajah. The…
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Fidelity emerges fastest growing brand as value more than triples – By Wasiu Alli
Fidelity Bank Nigeria has emerged as the fastest-growing Nigerian brand as the lender’s value more than tripled, displacing Stanbic IBTC, a new report by Brand Finance, a London-based brand valuation consultancy revealed. The bank’s emergence highlights the lender’s expanding market influence and strong investor confidence as the financial institution continues to deliver value for its…
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Osun Residents Benefit from Fidelity Food Bank Initiative
Over 4,500 residents have benefited from a two-day feeding programme organized by Fidelity Bank Plc in Abere and Modakeke communities in Ile-Ife, Osun State. The program, which saw to the distribution of essential food items, was executed in collaboration with the Ministry of Cooperatives and Empowerment and the Esther Adeleke Foundation. Speaking during the distribution…
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Fidelity Bank CEO’s Share Acquisition Signals Strong Confidence in Tier-One Lender
In a decisive move underscoring unwavering confidence in Fidelity Bank Plc‘s resilience, Managing Director and CEO, Dr. Nneka Onyeali-Ikpe has acquired an additional 18 million shares of the bank, valued at approximately ₦366 million. According to a regulatory filing posted on the Nigerian Exchange Group (NGX) Disclosures portal, this strategic investment was executed at ₦20.35…
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The Mischief in Fidelity Bank Bankruptcy Rumour – By Ikechukwu Amaechi
Fidelity Bank Plc has dismissed as unfounded the story making the rounds that it is on the verge of bankruptcy following a Supreme Court judgment linked to a legacy $3 million credit facility granted by the defunct FSB International Bank in 2002. The bank made the clarification on Monday, assuring the general public, depositors and…
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WHO IS AFRAID OF FIDELITY BANK – By Udeme Etukeyen
Leading up to the recent superlative annual reports showcasing one of the most significant growth experienced by a Nigeria Financial Institution in recent years I was forced to ask “what is Fidelity Bank” doing right? My banking and financial sector experience got me digging deeper into the statistics of the report-Fidelity Bank recorded a substantial…
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TRIBUTE: “Where destiny leads the head, the legs will carry it there” – By ‘DAYO ADEDAYO
“Ní ibi tí orí máá dé, ẹsẹ̀ ló ma gbe dé bẹ̀.” This is not just a Yoruba proverb, it is the living truth of my journey. This is an ode to a man whose influence radiates far beyond titles and whose humanity speaks louder than any headline, Otunba Bamidele Ojutelegan Momodu, affectionately known to…