Tag Archives: Fidelity Bank

Fidelity Bank hosts maiden edition of international trade expo

A leading financial institution Fidelity Bank Plc hosted the maiden edition of its international trade expo. Held at Novotel West, Hammersmith in London on Tuesday, 15 and Wednesday, 16 November 2022, the Fidelity International Trade and Creative Connect (FITCC) featured activities designed to position Nigerian businesses for increased partnership, financing, product-offtake and investment opportunities in the UK and Europe. “In ...

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Fidelity Bank holds maiden edition of Trade and Creative Connect

In its efforts to help Nigerian businesses compete favourably in international markets 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 regulators operating in the commodity, ...

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Fidelity Bank Plc records N21.6bn profit

Fidelity Bank Plc, has released its H1 2022 results recording a remarkable 21.6% growth in profit to N21.6bn as well as decent growth in most key ratios. According to the report released on the Nigerian Stock Exchange (NGX) on Tuesday, 30 August 2022, the bank grew Total Deposits by 13.1% YTD to N2,290.1bn from N2,024.8bn in 2021FY, driven by double-digit ...

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CBN approves Fidelity Bank’s acquisition of Union Bank UK

Fidelity Bank Plc has entered into a binding agreement for the acquisition of 100 per cent equity stake in the United Kingdom arm of Union Bank Plc following a letter of ‘No Objection’ issued by the Central Bank of Nigeria (CBN). This was revealed in a statement issued by Fidelity Bank and signed by its company secretary, Ezinwa Unuignoje, through ...

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Sanwo-Olu honours Fidelity Bank CEO, others

Governor Babajide Sanwo-Olu has recognised the impact of women in the development of Lagos State Fidelity Bank Managing Director, Nneka Onyeali-Ikpe and Managing Director Guaranty Trust Holding Company (GTCo), Miriam Olusanya made the list of those honoured. Others include wife of the Lagos State governor, Dr Ibijoke Sanwo-Olu; Ibukun Awosika; media mogul, Mo Abudu; elder stateswoman, Mrs Kofoworola Bucknor-Akerele; and ...

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CBN Governor lauds Fidelity Bank as it finances ultra-modern rice mill

Central Bank of Nigeria (CBN) Nigeria, Godwin Emefiele joined the Managing Director of Fidelity Bank Plc, Nneka Onyeali-Ikpe and others including governors to commission a 400 metric tons per day mega rice mill in Kano constructed by Gerawa Group of Companies. Speaking at the commissioning of the mill and the foundation laying of additional 560 metric tons rice mill, the ...

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GAIM 5: Fidelity Bank awards N1m each for ten customers

Fidelity Bank Plc has awarded N1 million to ten customers after emerging winners in the January draw of the bank’s Get Alert in Millions savings promo, season 5 (GAIM 5). It was learnt that the prizes were presented to the winners at the Awolowo Road, Ikoyi, Lagos branch of the bank and its several other branches across the six geo-political ...

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Fidelity Bank issues 10-year N41.21 billion

Fidelity Bank Plc has issued 10-year N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 per cent coupon rate due in 2031. The bond issuance, which was fully subscribed given that total investor interest and commitments in the bonds were N56.6 billion, adds to the portfolio of landmark transactions structured by the bank, and underscores its capacity to ...

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