Business

Afreximbank unveils plan to revolutionise healthcare across Africa

  • 8th June 2025

UK store plans rescue strategy to avoid closure,

  • 7th June 2025

Tigran Gambaryan quits Binance after eight-month legal battle

  • 6th June 2025

Uber eyes stablecoins as new payment option

  • 5th June 2025

Contact Info

Some Populer Post

Meta splits AI division to accelerate product development

Meta in talks to invest over $10b in startup

featured

Afreximbank unveils plan to revolutionise healthcare across Africa

Business

Marketers endorse digital platform to boost transparency in fuel

News

UK store plans rescue strategy to avoid closure, job

Business

Tag: Fidelity bank

Supreme Court awards N225bn against Fidelity bank to Ibadan firm
News

Supreme Court awards N225bn against Fidelity bank to Ibadan firm

The Supreme Court on Monday awarded N225 billion in damages to an Ibadan-based general services firm, Sagecom Concept Ltd., engaged in a case against Fidelity Bank. The ruling, delivered on April 11 by a five-member panel of justices, stemmed from Fidelity’s decision to sell off assets belonging to engineering firm G. Cappa Plc, despite a […]

Business

Fidelity Bank’s gross earnings soar by 64.2% to ₦315.4b 

Fidelity Bank Plc reported gross earnings of ₦315.4 billion for the first quarter ended March 31, 2025, marking a 64.2% increase from ₦192.1 billion recorded in the same period in 2024. According to its unaudited financial statements submitted to the Nigerian Exchange Limited, the strong performance was driven by substantial growth in interest income, foreign […]

Supreme Court awards N225bn against Fidelity bank to Ibadan firm
News

NUP apologises to Fidelity Bank over false stability claim

The Nigeria Union of Pensioners has issued a formal apology to Fidelity Bank Plc for a false story published earlier this year by one of its members, Comrade Abiodun Michael, concerning the bank’s stability. The union expressed regret not only for the inaccurate claims but also for its failure to promptly refute the story when […]

Top 10 employers in Nigeria
featured News

Top 10 employers in Nigeria

The Nigerian job market is marked by a complex blend of opportunities and hurdles, continually shifting due to the efforts of key players across various sectors. Recent data from the National Bureau of Statistics highlights a challenging period for employment, with the unemployment rate rising to 5.0% in Q3 2023, up from 4.2% in Q2 […]

News

Fidelity bank denies alleged data breach, rejects N555.8m fine

Alex Omenye Fidelity Bank has strongly denied allegations of a data breach and is challenging the N555.8 million fine imposed by the Nigerian Data Protection Commission. In a statement issued on Wednesday, Meksley Nwagboh, the Divisional Head of Brand and Communications at Fidelity Bank, asserted that the bank has consistently adhered to the highest ethical […]

News

Fidelity Bank fined N555.8m for customers’ data breach

Fidelity Bank has been fined N555.8 million by the National Data Protection Commission for breaching the privacy of its customers’ data. The fine is the highest ever issued by the commission. This was disclosed by the National Commissioner of the NDPC, Vincent Olatunji, during the Validation Workshop on the Nigeria Data Protection Act General Application […]

SEC to strengthen borrowing regulatory framework in Nigeria
Banking News

SEC endorses extension of Fidelity Bank public offer 

The Securities and Exchange Commission has approved a 14-day extension for the combined offer of Fidelity Bank, which was originally set to close on Monday. This disclosure was made in a market bulletin signed by the Head of the Issuer Regulation Department at the NGX Regulation, Godstime Iwenekhai, on Monday. He said,” Trading licence holders […]

Banking News

Fidelity Bank launch N127bn capital raise

Fidelity Bank Plc launched its N127.10 billion rights issue and public offer on Thursday, becoming the first bank to go public after the Central Bank of Nigeria’s recapitalisation decision was announced in March. On Thursday, Fidelity Bank launched a public offering of 10 billion ordinary shares of 50 kobo each at N9.75 per share, as […]

Banking

Fidelity Bank propose 60 kobo dividend for shareholders

The Board of Directors of Fidelity Bank has proposed a final dividend of 60 kobo per share to shareholders for the 2023 financial year. This was disclosed in its audited annual reports and financial statements for 2023 filed with the Nigerian Exchange Limited on Monday. The report shows an increase of 20 per cent when […]

Fidelity Bank extends GMD/CEO contract
Appointments

Fidelity Bank extends GMD/CEO contract

Fidelity Bank Plc has decided to prolong Dr. Nneka Onyeali-Ikpe’s employment term as GMD/CEO from 2024 to 2026. This decision was made public. According to The Times, The warning sent by the company to the Nigerian Exchange Limited. The decision was made at the board meeting on February 12, 2024, according to the statement, which […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in