CATEGORY: FIDELITY

Fidelity Bank Comes Clean: ‘Etisalat Nigeria Owes Us N17.5 Billion’

Nairametrics| Fidelity bank, is now the latest Nigerian bank to come clean on Etisalat Nigeria’s indebtedness to it. The...


CORPORATE ACTION: Fidelity Bank Appoints New Divisional Head

Nairametrics| Fidelity Bank Plc. has announced the appointment of Charles Aigbe as the Divisional Head, Brand and Communications of...


ALERT: Fidelity Bank Pre Tax Profit Drop 29% in 9 Months

Fidelity Bank Plc released its 2016 result for the nine months ended 30 September 2016 ; See below  ...



Analysis: Higher operating cost crash Fidelity Bank’s profit margins

The bank is therefore spending nearly N80 out of every N100 in revenues. This can't be tolerated in an...


Analysis: Increase in bad loans switches Fidelity Bank to a “Sell”

A 53% jump in impairment provisioning to N4.8 billion is at the heart of the drop in H1 16...


Alert: Fidelity Bank Plc Release 2016 Half Year Earnings

Fidelity Bank Plc released its 2016 H1 results for the period ended June 30 2016 ; See below  ...


CORPORATE ACTION: Fidelity Bank Plc Appointments Independent Director

The Central Bank of Nigeria has approved the appointment of Mr Seni Adetu as an Independent Director of Fidelity...


Nnamdi Okonkwo: Fidelity Bank Share Price Before & After EFCC Arrest

Fidelity Bank announced on Monday that its Managing Director, Nnamdi Okonkwo had resumed a few weeks after being detained...


Nnamdi Okonkwo Resumes Work As CEO Of Fidelity Bank After EFCC Debacle

Fidelity Bank just issued the following press release: Following the resumption of the Managing Director of Fidelity Bank, Mr....


Nnamdi Okonkwo: CBN Officers Storm Fidelity Bank Headquarters

The Compliance Unit of the Central Bank of Nigeria, (CBN) on Tuesday, visited the corporate headquarters of Fidelity Bank...


Fidelity Bank ‘CEO’ Spends One Week In Detention

In what could be described as unprecedented in Nigerian banking circles (at least since independece) the CEO of Fidelity...


Fidelity Bank Appoints Mohammed Balarabe Acting Managing Director

The Board of Directors of Fidelity Bank Plc has announced the appointed Mohammed Balarabe, as the Acting Managing Director/Chief...


Fidelity Bank To Release Statement Sacking Nnamdi Okonkwo

Sources inform Nairametrics that the embattled CEO of Fidelity Bank, Nnamdi Okonkwo will be fired by the bank today...


EFCC Picks Up Fidelity Bank MD For Receiving Diezani’s $115m

Managing Director and Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo, and some officials of the bank have...


Analysis: Fidelity Bank Upgraded To “Hold” Despite Taking N1b Hit On Oando Loans

Fidelity recently held a conference call to discuss its FY15 results. Asset quality trends were encouraging despite the NGN1.1bn...


Fidelity Bank Confirms Its $113 million To Oando Is About To Go Bad

Fidelity Bank Nigeria Plc confirmed that its $113 million (N22.4 billion) loan to Oando Plc is partially bad and...


[Corporate Action] Fidelity Bank Posts 1.76% Rise In PAT to N11.4 billion In Q3’2015

Fidelity Bank released its financial results for the nine months ended 31 September 2015. The result showed that Net...


Fidelity Bank Lists N30bn Bond on FMDQ OTC Market To Boost SME Lending

Fidelity Bank Plc has listed its N30 billion bond on the FMDQ OTC securities market. The N30 billion 7-year...


See Reasons Why Fidelity Bank Rebranded

The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Nnamdi Okonkwo  has explained that the rebranding project of the...


Here Is What You Need To Know About Fidelity Bank’s Two New Executive Director’s

Fidelity Bank Plc (“Fidelity or the Bank”) notified The Nigerian Stock Exchange of the appointment of Mr. Adeyeye Olawale...