A chief magistrate’s court in Ogba, Lagos, has on Monday sentenced Nneka Onyeali-Ikpe, Managing Director of Fidelity Bank, to six weeks in prison. The court, presided over by Magistrate Lateef Owolabi, extended the same sentence to Ezinwa Unuigboje, the bank’s secretary, after finding both guilty of disobeying a garnishee order of court restraining the bank…
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No Basis for Takeover of BEDC, Says Management
The management of Benin Electricity Distribution Company (BEDC) Plc has said there is no legal basis for the takeover of the company following the purported activation of the call on its collateralised shares by Fidelity Bank. The purported activation seeks to take over the respective Boards of Kano Electricity Distribution Company, Kaduna Electricity Distribution Company…
Fidelity Bank to help Entrepreneurs Explore US Market
Leading financial institution, Fidelity Bank Plc, is set to host a workshop for businesses looking to scale and expand their reach into new international markets. The training, which is scheduled for Wednesday, 6 April 2022 in Aba, Abia State, is being put together in collaboration with Export & Sell Limited -a trade enabling platform that…
Fidelity Bank, OnePipe Team Up To Empower Businesses with Cutting Edge Payment Solution
In a bid to deepen positive customer experience and create new opportunities for businesses to grow revenue, Fidelity Bank, in collaboration with OnePipe, launched payment gateway PayGatePlus on Wednesday, March 16, 2022, at the Eko Hotel & Suites in Lagos. PayGatePlus, which is an upgraded version of the legacy PayGate product by the bank, is…
Fidelity Bank Sensitizes Customers on Emerging Opportunities in Non-Oil Exports and CBN RT200 FX Policy
The Central Bank of Nigeria’s (CBN) efforts towards actualising $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years have been given a major boost with a recently held workshop for exporters and investors in Akure, Ondo State. Hosted by leading financial institution, Fidelity Bank Plc, the workshop tagged, Harnessing…
Fidelity Bank GAIM 5 Promo: 10 more Customers become Millionaires
Leading financial institution, Fidelity Bank has reiterated its commitment to enriching the lives of its customers as it announced the third set of 10 millionaires in its Get Alert in Millions season 5 (GAIM 5) promo. The third monthly draw of the campaign which held in Victoria Island, Lagos on Tuesday, 22 February 2022 had…
Fidelity Bank Restates Support for CBN FX Repatriation Push
Fidelity Bank Plc, a leading Nigerian bank, has reaffirmed its commitment to actively support the Central Bank of Nigeria’s (CBN) efforts to achieve its goal of $200 billion in Foreign Exchange (FX) repatriation from non-oil exports over the next five years. The Executive Director, Northern Businesses, Fidelity Bank Plc, Hassan Imam made this known on…
Valentine: Fidelity Bank Set To Delight Customers with Euphoria Event
Customers of Fidelity Bank are in for a treat this Valentine as the Bank has announced plans to host a delightful evening of music, fun games and delightful experiences for its customers. Tagged The Euphoria and scheduled for Saturday, 19 February 2022, the event would be headlined by leading music acts, Johnny Drille, Chike, Fave…
Fidelity Bank Disburses N34Bn in Credit to Boost Rice Value Chain
Fidelity Bank has facilitated the disbursement of over N34 Billion in direct credit to players in the Nigerian rice value chain. The bank’s interventions in recent years have helped to unlock spontaneous financing opportunities for a large swathe of paddy rice farmers with significant contributions to the expansion of national paddy rice output. Only recently,…
Fidelity Bank Finances Ultra-Modern Rice Milling Factory
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has joined the Managing Director of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe and a host of dignitaries including two state governors to commission a 400 metric tons per day mega rice mill in Kano state constructed by Gerawa Group of Companies. Speaking at…