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Business

Shareholders applaud Fidelity Bank for exceptional performance in 2022

This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on Tuesday, May 23, 2023.Speaking at the AGM, the Chairman...

Business

Fidelity Bank moves to acquire five banks in Africa

The 35-year-old institution is negotiating a second purchase, which include plans to expand in at least five African countries, the bank’s Chief Executive Officer...

Business

Afreximbank Supports Fidelity Bank With $180m Credit To Finance Trade, Others

The African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility provided to Fidelity Bank plc, Nigeria under the Afreximbank Trade Facilitation...

Business

Seven banks spend over N173.99bn on staff in one year

Data show that seven Nigerian banks in 12 months committed over N173.99 billion on the salaries and wages of their staff.This amount is 19.21...

Business

Business Owners Groan As Naira Scarcity Hits Banks

Some Nigerian banks have been hit with a cash drought as the scarcity of the naira frustrates business operations.Businesses, especially petty traders are recording...

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