Fidelity Bank mulls improved financing for real sector
Fidelity Bank Plc, has restated its readiness to take full advantage of the new credit policy guideline recently released by the Central Bank of Nigeria (CBN), to support the growth of the agriculture and manufacturing sectors of the economy. The bank’s Chief Executive Officer, Nnamdi Okonkwo, made this known on a monitored television show…
Fidelity Bank, BoI unveil scheme to promote Nigerian leather
Top Nigerian lender, Fidelity Bank Plc, in strategic partnership with the Bank of Industry (BoI), has launched the Aba Finished Leather Goods Cluster Financing Programme, as part of continuous efforts to promote Made-in-Nigeria goods capable of meeting global standards for export and local consumption.
Fidelity Bank targets over N500m deals in SME funding fair
No less than N500 million financing deals await small business in the planned funding fair by Fidelity Bank Plc, in a move aimed at liberalising access to critical seed and expansion capital for the sector operators.
Banks spend N34.2 billion on IT, e-Business infrastructure
Given the drive to support the Central Bank of Nigeria (CBN) policy on cashless society and leverage on Information Technology, a total of eight deposit money banks...
Undergraduate wins N2 million in Fidelity Bank’s promo
An undergraduate, Miracle Kanayo from Anambra State University, Igbariam Campus, has emerged the Star Prize winner of N2 million at the Fidelity Bank’s Get Alert In Millions Reloaded promo.
Fidelity Bank takes charges on 9mobile loan after CBN’s request
Fidelity Bank has taken five per cent impairment charges on a N17.3 billion ($55 million) loan to Etisalat Nigeria, now 9mobile.
Eurobond: Fidelity Bank records largest Nigerian new issue and liability offering, raises $400m repurchases $256m
Fidelity Bank (Fidelity Bank Plc (-/B-/B-) priced a highly successful US$400m 5-year Eurobond with a 10.50% coupon in what is the largest combined new issue & liability management offering ever by a Nigerian issuer.
Fidelity Bank, others mark one year of export management
The Fidelity Bank, Lagos Business School (LBS), and the Nigerian Export Promotion Council (NEPC), have successfully marked one-year of collaboration in Export Management Programme (EMP), and the graduation of fifth stream titled EMP5 (2017 Series).
‘Fidelity Bank supports, funds agric projects’
Recession simply means negative growth in an economy over a specific period of time. I am not in a position to quantify the damage, but I am in a position to know that a lot of things slowed down in line with the slowing economic growth.....