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Fidelity bank

NGX Sheds N443bn Amid Sell-Off In Meyer, Fortis Global Insurance

Over N102bn Wiped Off NGX As Thomas Wyatt, Guinness Shares Plummet

July 10, 2026

During trading in the Nigerian stock market on Friday, shareholders of Thomas Wyatt, Guinness and other companies on the losers’ table lost over N102.65 billion. The loss resulted in the market capitalisation

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Business News·Top Stories

Over N3trn Gained As Investors Reduce Stock Market Transactions To N22trn

July 8, 2026

On Wednesday, the Nigerian stock market recorded N3.45 trillion increase in the capitalisation of the Nigerian Exchange (NGX). The market capitalisation surged from N152.13 trillion reported on Tuesday to N155.58 trillion. This

Fidelity Bank Kicks Off N127 Billion Public Offer, Rights Issue Today

Business News

Cost Of Funds, Credit Loss… Why Fidelity Bank’s Profit Crashed By 12%

July 1, 2026

Fidelity Bank saw a 37.89 percent growth in its topline in the first quarter (Q1) of 2026, after securing N434.94 billion in revenue, compared to the N315.42 billion generated between January and

Events & Opportunities·News

Fidelity Bank, Anambra Partner to Empower 1,950 Women, Pupils, Vulnerable Families

June 18, 2026

Fidelity Bank Plc has partnered with the Anambra State Government to provide economic and educational support to 1,950 women, schoolchildren and vulnerable households, in a move aimed at easing financial pressures on

Business News·Top Stories

Stock Market Cap Grows By N234bn, Fidelity Bank, Access Holdings Top Trading Activities

May 22, 2026

The market capitalisation of the Nigerian Exchange (NGX) increased by N234.21 billion to N159.96 trillion on Friday. NGX market capitalisation increased from the N159.73 trillion recorded on Thursday. Also, the all-share index

Business News·Top Stories

Fidelity Bank’s Profit Plunges After Incurring N223bn Derivative Loss

May 18, 2026

Fidelity Bank suffered a decline in its bottom line despite a double-digit growth in topline after recording over N200 billion derivative loss between January and December 2025. According to analysis of the

Events·News

Onwughalu Bags ‘Women on Bank Boards’ Award at AWBFA 2026

May 16, 2026

Mrs. Amaka Onwughalu, Chairman of the Board of Directors of Fidelity Bank Plc, has won the “Women on Bank Boards” category at the 2026 Africa Women in Banking and Finance Conference and

Business News·Top Stories

Fidelity Bank’s Profit Drops By 50% To N87.67bn

January 13, 2026

Fidelity Bank recorded gross earnings of N 366,11 billion in the third quarter (Q3) of 2025, according to the company’s financial statements for the period ended September 30, 2025. In the statement,

Business News·Top Stories

Fidelity Bank Is Least Performing Bank Stock In Q3 2025

December 3, 2025

Fidelity Bank was the least performing bank on the Nigerian Exchange (NGX) Limited, also known as the stock market, in the third quarter (Q3) of 2025. According to Prime Business Africa’s (PBA)

Business News

Fidelity Bank Records Gross Earnings Of N748.70bn, Profit Drops By 17.21%

November 18, 2025

Fidelity Bank Plc recorded gross earnings of N748.70 billion in the first half (H1) of 2025, according to the company’s financial statements for the period ended June 30, 2025. In the financial

Business News·Top Stories

Nigerian Bourse Rises By N1.73trn To N87trn

July 29, 2025

Nigeria’s stock market continued its bullish run on Tuesday, July 29, after the market capitalisation increased by N1.73 trillion to N87.19 trillion, from N85.45 trillion on Monday, July 28. Also, 2,746.36 basis

Business News·Top Stories

Five Best-Performing Banks In Nigeria – By Deposit Growth In Q1 2025

June 27, 2025

NPF Microfinance Bank, Fidelity Bank, Ecobank, Stanbic IBTC, and Zenith Bank made it into the best-performing banks by deposit growth in the first quarter (Q1) of 2025. According to findings, there are

Business News·Top Stories

Access Holdings Drops, Stanbic IBTC Rises On Nigeria’s Trillion-Naira Bank List

June 26, 2025

The number of banks worth over a trillion naira in the stock market has increased from five to seven on Wednesday, June 25, as Fidelity Bank joined the list after its market

Business News·Top Stories

Fidelity Bank Becomes Trillion-naira Company As Market Cap Hits N1 Trillion

June 25, 2025

Fidelity Bank has again joined the trillion-naira club in the Nigerian stock market after its share appreciated by 1.26 percent at the close of trading on Wednesday, June 25. According to data

Business News·Top Stories

Stock Market Cap Rises To N76.76trn After Gaining N1.18trn

June 25, 2025

At the end of trading on Wednesday, June 25, the market capitalisation of the Nigerian stock market grew to N76.76 trillion, up from the N75.57 trillion recorded on Tuesday, June 24. This

Business News·Top Stories

Nigerian Stock Market Cap Sheds N274bn

May 22, 2025

A 0.39 percent decline in the all-share index (ASI) wiped off N274.06 billion from the stock market capitalisation, which depreciated from N68.89 trillion on Wednesday, May 21, to N68.62 trillion on Thursday,

Business News·Top Stories

Fidelity Bank Shareholders Lose N107bn As Court Issue Affects Investors’ Confidence

May 22, 2025

Fidelity Bank is battling a decline in investor confidence amid a court battle over N225 billion in damages awarded to a Nigerian firm, Sagecom Concepts Limited, against the lender and G. Cappa

Business News·Top Stories

Nneka Onyeali-Ikpe’s Net Worth In Fidelity Bank Now N1.98bn After Increasing Shares

May 16, 2025

Nneka Onyeali-Ikpe, the managing director and chief executive officer (CEO) of Fidelity Bank, now holds N1.98 billion net worth in the financial institution after raising her shares by 25 million in 2024.

Business News·Top Stories

Chellaram Leads Gainers’ List, As Stock Market Cap Increases By N240bn

May 8, 2025

The market capitalisation of the Nigerian bourse grew by N240.15 billion after the all-share index (ASI) appreciated by 0.35 percent on Thursday, May 8. This increased the equity capitalisation from N68.41 trillion

Business News·Top Stories

Nigeria’s Stock Market Extends Upward Trend With N307bn Gain

May 7, 2025

Trading ended with a 0.45 per cent or N307.16 billion increase in the Nigerian bourse’s capitalisation on Wednesday, May 7, after it rose from N68.10 trillion on Tuesday, May 6, to N68.41

Business News·Top Stories

Fidelity Bank Generates N315bn In Three Months, Profit Up By 189%

May 5, 2025

Fidelity Bank’s gross earnings increased by 64.20 per cent quarter-on-quarter to N315.42 billion in the first quarter (Q1) of 2025, from N192.08 billion generated in the same period in 2024. The company’s

Markets

Female Bank CEOs Score Big In Stock Market: Umeoji, Onyeali-Ikpe’s N294.97m Windfall

April 9, 2025

In a remarkable display of financial prowess, two female bank CEOs, Adaora Umeoji of Zenith Bank and Nneka Onyeali-Ikpe of Fidelity Bank, have collectively earned N294.97 million in the stock market over

News

Kano Residents Benefit From Fidelity Food Bank Initiative

March 27, 2025

Over 1,500 residents have benefited from a Fidelity Food Bank outreach in Kabuga community, Dala Local Government Area of Kano state. The Corporate Social Responsibility (CSR) initiative, executed in partnership with Misnoory

Business News·News

⁠Recapitalisation: Fidelity Bank Records 238% Subscription Rate

February 8, 2025

Fidelity Bank Plc has announced the successful conclusion of the first phase of its equity capital raise through its Public Offer and Rights Issue (the Combined Offer). This followed the completion of

Business News·Finance & Economy

Our Capital Raise Will Spur Growth Of Businesses, Boost Economy – Fidelity Bank MD, Onyeali-Ikpe

June 21, 2024

Managing director and CEO of Fidelity Bank Plc, Nneka Onyeali-Ikpe has expressed confidence that the bank will raise N500 billion to meet the Central Bank of Nigeria (CBN)'s recapitalisation policy requirement before

Business News·News

Fidelity Bank Kicks Off N127 Billion Public Offer, Rights Issue Today

June 20, 2024

Public Offer and Rights Issue Begin Fidelity Bank Plc, Nigeria’s sixth-largest bank, On Thursday, June 20 kicks off the public offer and rights issue, raising up to N127.1 billion. The bank’s strategy

Business News·FEATURES

Why Fidelity Bank Began Recapitalisation Before CBN Directive – Executive Director Amuchie

June 17, 2024

As banks and other financial institutions begin to retool their strategies, in line with the reforms and policies of the Central Bank of Nigeria (CBN), in the banking sector, Stanley Amuchie, Executive

Business News·News

Passengers Can Fly From Any Domestic Route In Nigeria To London – Air Peace Boss Onyema

April 22, 2024

Chairman of Air Peace, Dr Allen Onyema, has assured that the airline can now fly passengers from all its domestic routes in Nigeria to London.

Business News

Fidelity Bank Supports Temile Development Company To Boost Nigeria’s Gas Revenues

January 31, 2024

Temile Development Company Ltd, a key indigenous player in the oil and gas industry, has commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier, aimed at boosting Nigeria's domestic gas

Business News·News

Fidelity Bank Wins ‘Export Finance Bank Of The Year’ At 2023 BAFI Awards

October 31, 2023

Fidelity Bank Plc has clinched the coveted "Export Finance Bank of the Year" award at the 2023 BusinessDay and Other Financial Institutions (BAFI) Awards, held in Lagos.

Business News·News

Fidelity Bank Reports Stellar H1 2023 Results, Declares Dividend

Nigerian Financial institution, Fidelity Bank Plc, has announced a Profit Before Tax (PBT) of N76.3 billion for the first half of 2023, representing an impressive 204.4% growth. This announcement was made in the bank’s recently issued financial results, underlining its status as

September 4, 2023

News

Fidelity Bank Partners BASEMA To Provide Food Aid For Benue IDPs

Fidelity Bank Plc, a financial institution, has taken substantial measures to combat hunger among vulnerable populations. The organisation recently executed a significant initiative by distributing over 1,200 food packs to internally displaced persons (IDPs) in Makurdi, Benue State. The event which held

August 15, 2023

FBN Holdings Join Fidelity Bank To Raise New Capital

Business News

Like Fidelity Bank, FBN Holdings Moves To Raise New Capital

The board of directors of First Bank Nigeria (FBN) Holdings have resolved to raise more capital in the stock market by way of Rights Issue. FBN Holdings will sell part of the company’s stake to existing shareholders at a discounted price determined

July 24, 2023

Business News

Fidelity Bank Reclassified As Medium Price Stock

Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (NGX) on Friday announced the reclassification of Fidelity Bank Plc. from small price stock to medium price stock. A statement by the NGX said the reclassification became

July 22, 2023

Business News

Agusto & Co. Affirms Fidelity Bank’s ‘A’ rating, With A Stable Outlook

Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in reflection of the agency’s view that environmental, social and governance issues have minimal contribution to the Bank’s

July 19, 2023

Business News

Fidelity Bank Moves To Raise N90bn In Capital Market

Fidelity Bank has informed its shareholders that it’s set to raise more capital, up to N90 billion, to play bigger in local and international markets. The creditor’s decision to raise more funds will see new investors acquire stakes in Fidelity Bank through

July 19, 2023

Business News·Markets

Fidelity Bank, Stanbic IBTC, Others Lose N706.77bn, As Investors Dump Shares

Nigerian stock market valuation depreciated to N34.16 trillion on Thursday, from N34.87 trillion, losing N706.77 billion by the close of trading. The All-Share Index dropped from 64,046.93 ASI to 62,748.94 ASI, shedding 1,297.99 basis points. Nigerian bourse recorded N10.44 billion transaction, as 798.46 million shares were

July 13, 2023

Business News

GTBank, Unity Bank, Leadway, Others Under Investigation For Customer Data Breach

The National Commissioner, Nigeria Data Protection Commission (NDPC), Vincent Olatunji, has disclosed that Guaranty Trust Bank (GTBank), Leadway Insurance and some companies are under investigation for data breaches. According to Olatunji on Thursday, Unity Bank, Fidelity Bank, Zenith Bank and Babcock University

June 30, 2023

Business News·News

Fidelity Bank To Host 2nd Edition Of Trade Expo In Houston

Fidelity Bank Plc, has announced plans to host the second edition of the Fidelity International Trade and Creative Connect (FITCC) in Houston

June 7, 2023

Business News·Insights

Top Five Best Performing Nigerian Banks

Between January to December 2022, the Nigerian banking industry post double-digit growth of 26.92 per cent year-on-year, with the sector generating a combined N5.43 trillion in total revenue from 11 commercial banks. In the banking industry, there are 13 publicly listed commercial

May 10, 2023

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