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Tag: #Fidelity Bank

Business Economy headline

Fidelity Bank says its public offer recorded 237% oversubscription

Iheanyi Ejiofor February 8, 2025 No Comments #Fidelity Bank

Fidelity Bank Plc on Saturday said it has concluded the first phase of its equity capital raise, recording a 237 percent oversubscription in its public offer. The development followed the…

Read More Fidelity Bank says its public offer recorded 237% oversubscription
Business Economy headline

Fidelity Bank faults NDPC’s N55m fine, says ‘no data was breached

Iheanyi Ejiofor August 22, 2024 No Comments #Data Breach#Fidelity Bank#NDPC

Fidelity Bank has disputed data breach allegations levelled against it by the Nigerian Data Protection Commission (NDPC). In a statement on Wednesday, a spokesman for the bank, Meksley Nwagboh, said…

Read More Fidelity Bank faults NDPC’s N55m fine, says ‘no data was breached
Business Economy headline

Afreximbank supports Fidelity Bank’s UK expansion with $40m

Iheanyi Ejiofor June 11, 2024 No Comments #Afreximbank#African Export-Import Bank#Fidelity Bank

The African Export-Import Bank has disbursed a $40m Intra-African Investment Facility to support Fidelity Bank Nigeria Plc’s acquisition and recapitalisation of Union Bank UK. The facility, provided in two tranches…

Read More Afreximbank supports Fidelity Bank’s UK expansion with $40m
Business Economy headline

Fidelity Bank undertakes a N29.6bn Rights Issue and N97.5bn public offer

Iheanyi Ejiofor June 6, 2024 No Comments #Fidelity Bank#Public offer#Rights Issue

Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to N127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira) by way of a Rights Issue…

Read More Fidelity Bank undertakes a N29.6bn Rights Issue and N97.5bn public offer
Business Economy headline

Fidelity Bank’s customer deposits cross N4 trillion mark, posts N124.3 billion pre-tax profit

Iheanyi Ejiofor April 17, 2024 No Comments #Fidelity Bank

Fidelity Bank Plc has recorded a profit before tax of N124.3 billion for the year ended December 31, 2023, indicating a 131.5 per cent increase from N53.7 billion posted in…

Read More Fidelity Bank’s customer deposits cross N4 trillion mark, posts N124.3 billion pre-tax profit

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