By JKNewsMedia A MAJOR leap in Nigeria’s energy infrastructure has emerged with Fidelity Bank Plc backing the country’s first privately built and operated onshore crude oil export terminal in over 50 years. Situated at the Otakikpo Marginal Field in Rivers State, the terminal is operated by Green Energy International Limited (GEIL). It record...
By JKNewsMedia FITCH RATINGS has upgraded Fidelity Bank Plc’s National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’ while affirming its Long-Term Issuer Default Rating (IDR) at ‘B’, following a strengthened capital base and a surge in profitability. The announcement, made on 29 May 2025, highlights improved fundamentals, including enhanced ear...
By JKNewsMedia TRACTION BUILDS around the third edition of the Fidelity International Trade and Creative Connect (FITCC) Expo, set to take place from 18 to 20 September 2025 at the Omni Atlanta Hotel at Centennial Park, Georgia, USA. With a strategic push to strengthen diaspora and transatlantic business connections, Fidelity Bank Plc has joi...
By JKNewsMedia HAVING SECURED the 2025 Development Bank of Nigeria Innovation Award in the Deposit Money Bank category, Fidelity Bank Plc has reinforced its position as a leading driver of inclusive financial solutions for Micro, Small, and Medium Enterprises across Nigeria. The award, conferred at the Service Ambassadors’ Awards ceremony in ...
By JKNewsMedia THE NIGERIAN Exchange Group (NGX) has formally dismissed allegations of insider trading levelled against Fidelity Bank’s Managing Director and Chief Executive Officer, Dr Nneka Onyeali-Ikpe, following her recent acquisition of 18 million units of the bank’s shares. A regulatory letter dated 22 May 2025 confirmed that the transa...
By JKNewsMedia NIGERIA’s EQUITIES market stirred from its recent quiet spell with a Friday morning surge, sparked by investor interest in Fidelity Bank Plc shares. By 11am, the Nigerian Exchange All Share Index (ASI) had climbed 0.19 percent to 109,385.94 points, driven largely by gains in Fidelity Bank stock. The share price rose to N18.60, ...
By JKNewsMedia MORE THAN 4,500 residents of Abere and Modakeke communities in Ile-Ife, Osun State, received essential food items during a two-day distribution programme organised by Fidelity Bank Plc. The initiative, delivered in partnership with the Ministry of Cooperatives and Empowerment and the Esther Adeleke Foundation, forms part of the ...
By JKNewsMedia MANAGING DIRECTOR and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, has acquired 18 million additional shares in the bank, a transaction worth approximately ₦366 million, executed at ₦20.35 per share on 19 May 2025. The strategic move coincided with the publication of an unverified online report regardin...
By Udeme Etukeyen LEADING UP to the recent superlative annual reports showcasing one of the most significant growths experienced by a Nigeria Financial Institution in recent years I was forced to ask “what is Fidelity Bank” doing right? My banking and financial sector experience got me digging deeper into the statistics of the report-Fidelity...
By JKNewsMedia ROBUST FINANCIAL performance continues to silence sceptics as Fidelity Bank navigates a court-supervised dispute involving the defunct FSB International Bank and Sagecom Concepts Limited. Despite a judicial gag order prohibiting media discussion—backed by stern warnings against contempt—the bank’s scale and resilience speak lou...
