FIDELITY Bank Plc
Fidelity Bank Plc has completed a 100 per cent acquisition of Union Bank UK Plc (UBUK) as part of its aggressive expansion plan. According to reports, the bank plans to expand to five African countries. Recall that Fidelity Bank Plc had entered into a binding agreement to acquire a 100 per cent equity stake in…
The Insurance index led the losers’ chart at the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 2.9 per cent, buoyed by sell pressure in Cornerstone insurance (-11.4 per cent) and CHIPLC (-11.3 per cent).
Fidelity Bank Plc has posted a profit after tax (PAT) of ₦61.9 billion in its half-year (H1) operations representing a growth of 166 percent over ₦23.3 billion recorded in the corresponding period in 2022. The bank’s audited result for the H1, 2023 showed 166 per cent rise in PAT from ₦23.3billion recorded in 2022 to…
Chairman of the Bank Directors Association of Nigeria (BDAN) and Chairman of Fidelity Bank Plc, Mustafa Chike-Obi, has advised bankers to assist the current administration in achieving its goals and objectives towards building a better Nigeria. Chike-Obi also charged bankers to adopt financial technology, artificial intelligence (AI), while staying up to date with information on…
The financial services industry dominated in volume terms at the end of last week's transactions on the equities sector of Nigeria’s capital market.
Three bank stocks - Fidelity Bank Plc, Access Holdings Plc, and FBN Holdings Plc - drove activities in the financial service sector of the Nigerian Exchange Limited (NGX) last week.
For improved success, experts have advised that members must embrace technology, foster the culture of innovation, develop strategic plan and engage with stakeholders to provide valuable insights into their needs and expectations. The experts said that by implementing the strategies, boards could create a culture of innovation that would ultimately lead to improved success for…
Dr. Ken Opara is the President/Chairman of the Council of the Chartered Institute of Bankers of Nigeria (CIBN) and an executive director with Fidelity Bank Plc. Opara articulated more about his upbringing, vision and plans for CIBN and the banking sector in this interview with GEOFF IYATSE. Could you take us through your upbringing and career…