Fidelity bank – Page 3 of 5 – Prime Business Africa

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

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

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

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

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·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

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

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·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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Fidelity bank - Page 3

Fidelity Bank Reports Stellar H1 2023 Results, Declares Dividend

Fidelity Bank Partners BASEMA To Provide Food Aid For Benue IDPs

Like Fidelity Bank, FBN Holdings Moves To Raise New Capital

Fidelity Bank Reclassified As Medium Price Stock

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

Fidelity Bank Moves To Raise N90bn In Capital Market

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

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

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

Top Five Best Performing Nigerian Banks

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