Fidelity Bank

Fidelity Bank Sells N13.97bn Controlling Shares To Two Investors

April 14, (THEWILL) - Fidelity Bank has sold a 10.4 percent controlling stake in the financial institution through private placement.. The disposed controlling stake worth N13.97 billion was sold to two unnamed investors. According to a statement released by the bank...

Fidelity Bank Acquires Union Bank UK

August 30, (THEWILL) - Fidelity Bank Plc has acquired 100 percent equity in Union Bank Plc UK, the bank said on Tuesday. The bank disclosed this in a corporate filing on the Nigerian Exchange Limited (NGX), signed by Ezinwa Unuigboje, the...

Q3 ’21: Fidelity Bank’s Profit Slows on Net Interest Income Plunge

December 06, (THEWILL) - Nigeria’s Tier-2 lender, Fidelity Bank Plc, recorded a significant decline in net interest income in its third quarter (Q3) 2021 performance. This could alter the stakeholders’ expectations for the financial year as the result has...

Fidelity Bank Salutes Air Peace’s Financial Discipline And Vision

June 20, (THEWILL)- Fidelity Bank Nigeria Plc has commended the financial discipline of Nigeria’s major airline, Air Peace, restating its commitment to continuing to partner and collaborate with the airline. Speaking during a recent ceremony to mark the arrival of...

Fidelity Bank Posts N28.1bn Profit In 2020, Declares N6.4bn Dividend

Fidelity Bank Plc has announced a N28.1 billion profit in 2020. BEVERLY HILLS, April 02, (THEWILL) - The bank reported a 50.9 per cent growth in Core Operating Profits from N29.8 billion in 2019 FY to N44.9 billion while Net Revenue...

Fidelity Bank Keys Into CBN’s New Policy On Diaspora Remittance Inflows

BEVERLY HILLS, March 11, (THEWILL) - Fidelity Bank has restated support for the Central Bank of Nigeria's (CBN) efforts to engender sustainable economic development by improving Diaspora remittances and foreign exchange (FX) inflows into the country. The Bank's CEO, Nneka...
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Lack Of Love Not Enough – Akwa Ibom Court Rejects Divorce Petition After 43-Year Marriage

An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
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