Fidelity Bank – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Fri, 27 Feb 2026 12:39:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Fidelity Bank – InfoStride News https://www.theinfostride.com 32 32 Fidelity Bank Marks Children’s Day with Launch of Read2Lead Anthology and Scholarship Awards https://www.theinfostride.com/fidelity-bank-marks-childrens-day-with-launch-of-read2lead-anthology-and-scholarship-awards/ https://www.theinfostride.com/fidelity-bank-marks-childrens-day-with-launch-of-read2lead-anthology-and-scholarship-awards/#respond Wed, 25 Feb 2026 17:18:39 +0000 https://www.theinfostride.com/?p=438672 Fidelity Bank Plc celebrated this year’s Children’s Day with an inspiring event focused on promoting literacy, creativity, and educational empowerment among Nigerian youth. Held at the bank’s Fidelity Grounds in Oniru, Lagos, the event brought together hundreds of students, parents, educators, and bank officials in a joyful and engaging atmosphere themed “The Fidelity Fantasyland 3.0.” [...]

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]]> https://www.theinfostride.com/fidelity-bank-marks-childrens-day-with-launch-of-read2lead-anthology-and-scholarship-awards/feed/ 0 Fidelity Bank to raise funds through private placement for recapitalization https://www.theinfostride.com/fidelity-bank-to-raise-funds-through-private-placement-for-recapitalization/ https://www.theinfostride.com/fidelity-bank-to-raise-funds-through-private-placement-for-recapitalization/#respond Tue, 20 Jan 2026 22:54:48 +0000 https://www.theinfostride.com/?p=403002 Fidelity Bank has announced plans to raise additional capital through a private placement as part of its strategy to meet the new regulatory requirements for bank recapitalization. The move aligns with the Central Bank of Nigeria’s (CBN) directive for banks to strengthen their capital base to enhance financial stability and resilience. The private placement will [...]

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]]> https://www.theinfostride.com/fidelity-bank-to-raise-funds-through-private-placement-for-recapitalization/feed/ 0 Fidelity Bank Reports H1 Earnings Growth to N748.7 Billion https://www.theinfostride.com/fidelity-bank-reports-h1-earnings-growth-to-n748-7-billion/ https://www.theinfostride.com/fidelity-bank-reports-h1-earnings-growth-to-n748-7-billion/#respond Mon, 17 Nov 2025 12:45:53 +0000 https://www.theinfostride.com/?p=471738 Fidelity Bank Plc has posted a significant growth in its earnings for the first half of 2025, recording N748.7 billion in revenue, reflecting robust performance across its core banking operations and strategic investments. The figures, released in the bank’s half-year financial statement, underscore the institution’s resilience and ability to navigate challenging economic conditions while expanding [...]

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]]> https://www.theinfostride.com/fidelity-bank-reports-h1-earnings-growth-to-n748-7-billion/feed/ 0 Fidelity Bank Unveils ₦5bn Funding Scheme to Support MSME Growth https://www.theinfostride.com/fidelity-bank-unveils-%e2%82%a65bn-funding-scheme-to-support-msme-growth/ https://www.theinfostride.com/fidelity-bank-unveils-%e2%82%a65bn-funding-scheme-to-support-msme-growth/#respond Mon, 13 Oct 2025 12:58:40 +0000 https://www.theinfostride.com/?p=468983 Fidelity Bank Plc has announced plans to disburse ₦5 billion in financing to Micro, Small, and Medium Enterprises (MSMEs) across Nigeria, as part of its strategic efforts to boost entrepreneurship, job creation, and inclusive economic growth. The initiative, unveiled at a recent MSME-focused forum in Lagos, underscores the bank’s commitment to empowering small businesses that [...]

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]]> https://www.theinfostride.com/fidelity-bank-unveils-%e2%82%a65bn-funding-scheme-to-support-msme-growth/feed/ 0 Fidelity Bank Spotlights Fintech’s Role in US-Africa Trade https://www.theinfostride.com/fidelity-bank-spotlights-fintechs-role-in-us-africa-trade/ https://www.theinfostride.com/fidelity-bank-spotlights-fintechs-role-in-us-africa-trade/#respond Mon, 15 Sep 2025 17:11:57 +0000 https://www.theinfostride.com/?p=466634 Fidelity Bank has emphasized the critical role of financial technology in deepening trade relations between the United States and Africa, highlighting how digital solutions can dismantle barriers, improve efficiency, and foster greater collaboration between businesses on both continents. Speaking at a recent international trade and investment forum, the bank noted that fintech innovations are redefining [...]

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]]> https://www.theinfostride.com/fidelity-bank-spotlights-fintechs-role-in-us-africa-trade/feed/ 0 Fidelity Bank Supports Kano Community with Food Relief Initiative https://www.theinfostride.com/fidelity-bank-supports-kano-community-with-food-relief-initiative/ https://www.theinfostride.com/fidelity-bank-supports-kano-community-with-food-relief-initiative/#respond Wed, 23 Jul 2025 22:20:57 +0000 https://www.theinfostride.com/?p=406618 Fidelity Bank has extended its corporate social responsibility efforts to Kano State by providing food supplies to underserved communities, reinforcing its commitment to supporting Nigerians in need. The initiative, aimed at alleviating food insecurity, comes at a time when many households are struggling with the rising cost of living. During the distribution exercise, representatives of [...]

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]]> https://www.theinfostride.com/fidelity-bank-supports-kano-community-with-food-relief-initiative/feed/ 0 AMCON Sells 2.29% Stake in Fidelity Bank Amid Capital Market Shifts https://www.theinfostride.com/amcon-sells-2-29-stake-in-fidelity-bank-amid-capital-market-shifts/ https://www.theinfostride.com/amcon-sells-2-29-stake-in-fidelity-bank-amid-capital-market-shifts/#respond Sun, 20 Jul 2025 11:38:43 +0000 https://www.theinfostride.com/?p=462434 The Asset Management Corporation of Nigeria (AMCON) has divested a significant portion of its equity in Fidelity Bank Plc, selling approximately 1.14 billion shares, which represents 2.29 percent of the bank’s total outstanding shares. The transaction, executed through an off-market block deal, marks a strategic move by the government-owned asset recovery agency as it continues [...]

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]]> https://www.theinfostride.com/amcon-sells-2-29-stake-in-fidelity-bank-amid-capital-market-shifts/feed/ 0 Fidelity Bank Announces Appointment of Three New Board Members https://www.theinfostride.com/fidelity-bank-announces-appointment-of-three-new-board-members/ https://www.theinfostride.com/fidelity-bank-announces-appointment-of-three-new-board-members/#respond Mon, 20 Jan 2025 10:28:33 +0000 https://www.theinfostride.com/?p=401121 Fidelity Bank has strengthened its leadership team with the appointment of three new board members, signaling its commitment to driving innovation and delivering enhanced value to stakeholders. The appointments, which have been approved by regulatory authorities, bring a wealth of experience and fresh perspectives to the bank’s strategic direction. The newly appointed members include professionals [...]

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]]> https://www.theinfostride.com/fidelity-bank-announces-appointment-of-three-new-board-members/feed/ 0 Fidelity Bank to tackle startup challenges https://www.theinfostride.com/fidelity-bank-to-tackle-startup-challenges/ https://www.theinfostride.com/fidelity-bank-to-tackle-startup-challenges/#respond Fri, 28 Jun 2024 09:57:26 +0000 https://www.theinfostride.com/?p=381821 Fidelity Bank has expressed a willingness to partner with other stakeholders to tackle the twin challenges of investment and support facing startups in Africa. This was disclosed at the Africa Technology Expo, which took place recently in Lagos. In her keynote at the event, the Managing Director/Chief Executive Officer of Fidelity Bank Plc, Dr Nneka [...]

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]]> https://www.theinfostride.com/fidelity-bank-to-tackle-startup-challenges/feed/ 0 Why investors will buy Fidelity Bank’s offers, by capital market stakeholders https://www.theinfostride.com/why-investors-will-buy-fidelity-banks-offers-by-capital-market-stakeholders/ https://www.theinfostride.com/why-investors-will-buy-fidelity-banks-offers-by-capital-market-stakeholders/#respond Wed, 26 Jun 2024 23:00:40 +0000 https://www.theinfostride.com/?p=381571 Fidelity Bank Plc started its N127.1 billion combined rights and public offers to rousing support from the investing public as key capital market stakeholders recalled the symbolic importance of Fidelity Bank’s impressive growth and investor-friendly disposition over the years. From the Nigerian Exchange (NGX) to stockbrokers, investors and customers; the N127.1 billion combined rights and [...]

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]]> https://www.theinfostride.com/why-investors-will-buy-fidelity-banks-offers-by-capital-market-stakeholders/feed/ 0 ‘Fidelity Bank’s N127.10 billion capital raise to strengthen market position and global presence’- Onyeali-Ikpe https://www.theinfostride.com/fidelity-banks-n127-10-billion-capital-raise-to-strengthen-market-position-and-global-presence-onyeali-ikpe/ https://www.theinfostride.com/fidelity-banks-n127-10-billion-capital-raise-to-strengthen-market-position-and-global-presence-onyeali-ikpe/#respond Fri, 21 Jun 2024 18:45:42 +0000 https://www.theinfostride.com/?p=381037 The Managing Director and CEO of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has said that the bank’s N127.10 billion capital raising initiative is set to enhance its market position and expand its international footprint. Onyeali-Ikpe stated this at the “N127.10 billion Public Offer and Rights Issue Facts Behind the Combined Offer” event at the Nigerian Exchange [...]

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]]> https://www.theinfostride.com/fidelity-banks-n127-10-billion-capital-raise-to-strengthen-market-position-and-global-presence-onyeali-ikpe/feed/ 0 Fidelity Bank: #1 in Good Governance! https://www.theinfostride.com/fidelity-bank-1-in-good-governance/ https://www.theinfostride.com/fidelity-bank-1-in-good-governance/#respond Tue, 28 May 2024 21:20:14 +0000 https://www.theinfostride.com/?p=379292 Fidelity Bank Plc has achieved the highest corporate governance rating, CG+, at the Nigerian stock market, reflecting its strong adherence to best practices and standards. The CG+ rating signifies that Fidelity Bank complies with the highest corporate governance standards, promptly meeting full disclosure requirements and global best practices. A recent review of the bank’s compliance [...]

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]]> https://www.theinfostride.com/fidelity-bank-1-in-good-governance/feed/ 0 Fidelity Bank Compliance Officer Testifies Against Mompha in N6 Billion Money Laundering Case https://www.theinfostride.com/fidelity-bank-compliance-officer-testifies-against-mompha-in-n6-billion-money-laundering-case/ https://www.theinfostride.com/fidelity-bank-compliance-officer-testifies-against-mompha-in-n6-billion-money-laundering-case/#respond Sun, 19 May 2024 21:00:52 +0000 https://www.theinfostride.com/?p=378441 Fidelity Bank compliance officer, Ezekoli Ozoemenam, testified on Monday against social media celebrity Ismaila Mustapha, also known as Mompha, who is facing trial over money laundering charges involving N6 billion. Ozoemenam, the fourth prosecution witness, was led in evidence by Economic and Financial Crimes Commission (EFCC) counsel, Mr. Suleiman Suleiman. The witness testified about the [...]

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]]> https://www.theinfostride.com/fidelity-bank-compliance-officer-testifies-against-mompha-in-n6-billion-money-laundering-case/feed/ 0 Fidelity Bank Triumphs as 2023 BAFI Export Finance Bank of the Year https://www.theinfostride.com/fidelity-bank-triumphs-as-2023-bafi-export-finance-bank-of-the-year/ https://www.theinfostride.com/fidelity-bank-triumphs-as-2023-bafi-export-finance-bank-of-the-year/#respond Tue, 31 Oct 2023 19:46:30 +0000 https://www.theinfostride.com/?p=358998 Fidelity Bank Plc’s eminence in the field of exports has once more been resoundingly affirmed, as the bank was honored with the title of “Export Finance Bank of the Year” at the prestigious BusinessDay and Other Financial Institutions (BAFI) Awards 2023. This accolade was conferred upon Fidelity Bank during an illustrious dinner event held on [...]

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]]> https://www.theinfostride.com/fidelity-bank-triumphs-as-2023-bafi-export-finance-bank-of-the-year/feed/ 0 Fidelity Bank’s acquisition of a loss-making Union Bank UK could cost over N20 billion https://www.theinfostride.com/fidelity-banks-acquisition-of-a-loss-making-union-bank-uk-could-cost-over-n20-billion/ https://www.theinfostride.com/fidelity-banks-acquisition-of-a-loss-making-union-bank-uk-could-cost-over-n20-billion/#respond Thu, 01 Sep 2022 12:51:57 +0000 https://www.theinfostride.com/?p=331662 Fidelity Bank Plc informed investors it has agreed to buy 100% of Union Bank UK, a subsidiary of Union Bank Plc which earlier in the year was acquired by Titan Merchant Bank. According to Fidelity Bank’s Managing Director/Chief Executive Officer Mrs. Nneka Onyeali-Ikpe, the transaction aligns with their strategic plan of “expanding” their service touchpoints [...]

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]]> https://www.theinfostride.com/fidelity-banks-acquisition-of-a-loss-making-union-bank-uk-could-cost-over-n20-billion/feed/ 0 Fidelity increases profit by 31.4% to N28.1 billion in Q3 2021 https://www.theinfostride.com/fidelity-increases-profit-by-31-4-to-n28-1-billion-in-q3-2021/ https://www.theinfostride.com/fidelity-increases-profit-by-31-4-to-n28-1-billion-in-q3-2021/#respond Sun, 21 Nov 2021 22:58:00 +0000 https://www.theinfostride.com/?p=313264 Fidelity Bank Plc disclosed its 9-months results for the period ended September 30, 2021, on Tuesday, at the Nigerian Stock Exchange (NGX). The results showed double-digit growth in revenues, deposits and profitability. Gross earnings grew by 12.5 percent to N174.4 billion from N155.0 billion in the same period in 2020 while profit before tax (PBT) [...]

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]]> https://www.theinfostride.com/fidelity-increases-profit-by-31-4-to-n28-1-billion-in-q3-2021/feed/ 0 We are considering issuing $500 million unsecured notes – Fidelity Bank https://www.theinfostride.com/we-are-considering-issuing-500-million-unsecured-notes-fidelity-bank/ https://www.theinfostride.com/we-are-considering-issuing-500-million-unsecured-notes-fidelity-bank/#respond Thu, 21 Oct 2021 00:16:22 +0000 https://www.theinfostride.com/?p=310860 Fidelity Bank Plc has established it is considering raising $500 million from the international debt capital market through the issuance of unsecured notes. A statement by its Company Secretary, Ezinwa Unuigboje, yesterday, made known that the company intends to list the notes on the Irish Stock Exchange, adding that the proceeds would be used for [...]

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]]> https://www.theinfostride.com/we-are-considering-issuing-500-million-unsecured-notes-fidelity-bank/feed/ 0 Diezani Allison-Madueke Returns $153m To FG https://www.theinfostride.com/diezani-allison-madueke-returns-153m-to-fg/ Sat, 07 Jan 2017 05:46:02 +0000 http://www.theinfostride.com/?p=153396 A Federal High Court in Lagos on Friday, issued an interim order of forfeiture to the Federal Government of 153.3 million dollars belonging to a former Minister of Petroleum Resources, Diezani Allison-Madueke. The monies were said to be domiciled with three Nigerian banks. Justice Muslim Hassan gave the order following exparte application filed by the [...]

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]]> EFCC arraigns Businessman Samuel Ovute for Issuance of Dud Cheque https://www.theinfostride.com/efcc-arraigns-businessman-samuel-ovute-for-issuance-of-dud-cheque/ Wed, 27 Jul 2016 09:14:49 +0000 http://www.theinfostride.com/?p=137636 Samuel Sunday Ovute, a businessman and owner of Obuegu & Sons Enterprises, was arraigned on Monday, 25th July by the Economic and Financial Crimes Commission (EFCC) on a two count charge bordering on issuance of dud cheques and obtaining by false pretence the sum of One Million, Six Hundred and Sixty Two Thousand, Four Hundred Naira (N1,662,400.00, before Justice K.I Okpe [...]

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]]> EFCC Arraigns 36-Year Old Banker for N148m Scam https://www.theinfostride.com/efcc-arraigns-36-year-old-banker-for-n148m-scam/ Wed, 15 Jun 2016 20:46:10 +0000 http://www.theinfostride.com/?p=132360 A 36-year banker, Cletus Emuh, was arraigned today by the Economic and Financial Crimes Commission (EFCC) before Justice F. N. Azinge of the Delta State High Court Asaba, on a 34-count charge bordering on obtaining credit by false pretence, Forgery, and Uttering, to the tune of N148, 000,000.00 (One Hundered and Fourty Eight Million Naira). Cletus [...]

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]]> EFCC Grills Ex-Governor Imoke Over Fidelity Bank’s $115m Fraud https://www.theinfostride.com/efcc-grills-ex-governor-imoke-over-fidelity-banks-115m-fraud/ Sat, 14 May 2016 20:50:12 +0000 http://www.theinfostride.com/?p=128394 A former governor of Cross Rivers State, Senator Liyel Imoke, was quizzed by the operatives of Economic and Financial Crimes Commission (EFCC) on Wednesday, May 11, 2016 for his alleged involvement in the N500million collected by the Cross Rivers State’s chairman of the People’s Democratic Party (PDP), Mr. Ntufam John Okon. The N500m was part [...]

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]]> Finance, Power and Economic Instability, Top Challenges Facing SMEs in Nigeria – Kaymu https://www.theinfostride.com/finance-power-and-economic-instability-top-challenges-facing-smes-in-nigeria-kaymu/ Thu, 17 Sep 2015 14:52:12 +0000 http://www.theinfostride.com/?p=99565 Online shopping community, Kaymu, has narrowed the top three challenges facing small and medium scale enterprises (SMEs) in Nigeria down to insufficient access to finance, unstable power supply and economic instability. Kaymu obtained this data from a survey carried out at on entrepreneurs at the recently concluded Entrepreneurs Club which had over 200 entrepreneurs in [...]

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