Fidelity Bank Plc has entered into a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to support the growth of Micro, Small, and Medium Enterprises …
Fidelity Bank
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeria
Fidelity Bank Rejoins N1tn Club as Investors Regain Confidence
Fidelity Bank Plc has returned to the elite group of Nigerian companies with a market capitalisation of over N1 trillion. This came after the bank’s share price rose by 5.3 …
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AFRICA NEWSBanking, Finance & InvestmentBusinessBusiness InsightsEconomyFinance & ServicesINVESTMENTMarkets
Nigerian Stock Market Gains N228bn as International Breweries, Cadbury Lead Rally
The Nigerian stock market opened the week strong on Monday, April 29, 2025, with investors witnessing a continued bullish trend. The market capitalisation rose by N228.48 billion as investors took …
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The Nigerian Exchange Limited (NGX) added N966bn in market value last week, helped by improved investor confidence and strong performances by major banking and consumer goods stocks. The market only …
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Banking, Finance & InvestmentEconomyGOVERNMENTNigeriaWestern Africa
Six Banks Pay Over N751bn in Taxes for 2024
Six Nigerian banks have paid a total of N751.796 billion in taxes to the Federal and State Governments for the 2024 financial year, which ended on December 31, 2024. This …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
Fidelity Bank partners with SMEDAN to empower SMEs
Fidelity Bank Plc in a bid to reinforce its support for SMEs has entered into a strategic partnership with the Small and Medium Enterprises Development Agency (SMEDAN). At a Memorandum …
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Banking, Finance & InvestmentNigeriaWestern Africa
Fidelity Bank to raise new capital which allows for issuance of 3 billion shares
Fidelity Bank is on the verge of sourcing new capital allowing for issuance of over 3 billion shares, the tier 1-aspiring lender said Wednesday, a move that could further expansion plans …
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Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Fidelity Bank posts N25.1b H1 profit, proposes 10k interim dividend
Fidelity Bank Plc has posted Profit Before Tax (PBT) of N25.1 billion for its half-year (H1) 2022 operations, against N20.6 billion achieved in the corresponding period in 2021. Specifically, an …
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Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Fidelity Bank witnesses a mid-year profit increase by 21%
On Tuesday, Fidelity bank was backed by the United states’ Global X Management announcing a binding agreement for full acquisition of Union Bank Uk, reported for the period from January …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessGlobal NewsNewsNigeriaWestern Africa
Fidelity Bank set to acquire Union Bank UK
Fidelity Bank Plc has entered a binding agreement to acquire a 100 percent equity stake in Union Bank UK Plc. The bank made this known in a corporate filing on …