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Jennete Ugo Anya
- March 31, 2025
Fidelity Bank Reports N385bn Pre-Tax Profit In 2024
Fidelity Bank Plc has reported a record-breaking pre-tax profit of N385.215 billion for the 2024 financial year, marking an extraordinary 210.01 percent year-on-year (YoY) growth. The latest audited financial statement, released on March 31, 2025, highlights the bank’s ability to sustain impressive earnings momentum, strengthen its asset base, and reward shareholders despite macroeconomic headwinds. The […]
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- March 5, 2025
Fidelity Bank’s Additional Share Listing Lifts NGX By N94bn
The Nigerian Exchange (NGX) had seen a boost in market capitalisation on Monday, 3 March, 2025, as Fidelity Bank Plc’s listing of additional shares added N94 billion to the exchange. This came after the successful conclusion of the bank’s hybrid offer, which included both a rights issue and a public offer that were oversubscribed. A […]
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- February 17, 2025
Fidelity Bank Plans To Raise Funds Via Private Placement
Fidelity Bank has announced plans to raise additional funds through private placements in order to meet the new capital threshold set by the Central Bank of Nigeria for banks operating within the country. The bank’s recent extraordinary general meeting approved the resolution to issue up to 20 billion ordinary shares of 50 kobo each, which […]
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- February 10, 2025
Fidelity Bank Unveils SME Hub To Support Nigerian SMEs
Fidelity Bank has unveiled the Fidelity SME Hub, a dedicated facility designed to support small and medium-scale enterprises (SMEs) and creative entrepreneurs in Nigeria. Situated in Lagos, the hub is intended to provide businesses with essential resources, training, and networking opportunities, helping them grow and thrive in a highly competitive economic environment. The SME Hub […]
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- November 28, 2024
Fidelity Bank CEO Acquires ₦239m Worth Of Shares
The Managing Director (MD)\ Chief Executive Officer (CEO) of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, has expanded her stake in the bank with the acquisition of 15 million shares in a transaction worth ₦239.4 million. The purchases were carried out over two days, November 21 and 22, 2024, at an average price of ₦15.96 per […]
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- October 8, 2024
Fidelity Bank’s Half-Year Results Reflect Strategic Drive
In today’s unpredictable economic climate, financial institutions are facing unprecedented challenges – from inflationary pressures to fluctuating interest rates and a volatile currency environment. Yet, despite these headwinds, some banks are not only surviving but thriving. A prime example of this resilience is Fidelity Bank, one of Nigeria’s tier-two financial institutions, which recently announced its […]
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- July 29, 2024
Fidelity Bank Extends Offer Period Amid Capital Raise Initiative
Fidelity Bank Plc has announced an extension of its ongoing combined offer, comprising a public offering and rights issue, until August 12, 2024. This extension, approved by the Securities and Exchange Commission (SEC), allows investors additional time to participate in the bank’s capital-raising efforts, initially set to close on July 29, 2024. The combined offer, […]
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