By JKNewsMedia CUSTOMERS OF Fidelity Bank Plc will have three more months to benefit from the bank’s flagship savings campaign as the financial institution announced an extension of the Get Alert in Millions (GAIM) Season 6 promo. The initiative, which was originally scheduled to end in August 2025, will now run until 30 November 2025, [&hell...
By JKNewsMedia GUARANTY TRUST Holding Company Plc has cemented its place in financial history by becoming the first West African financial institution to directly list its ordinary shares on the main market of the London Stock Exchange (LSE). The milestone follows the successful admission of its equity to the Official List of the UK’s Financi...
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...
By JKNewsMedia SURGING CORPORATE profits and record-breaking financial performance have intensified scrutiny on Nigeria’s banking sector, as Guaranty Trust Holding Company Plc (GTCO) reports a staggering 107.8% increase in pre-tax profits for 2024. With profit before tax hitting ₦1.266 trillion—more than double the ₦609.3 billion recorded in ...
By JKNewsMedia FIDELITY BANK has posted an extraordinary 210% growth in Profit Before Tax (PBT), reaching N385.2 billion for the 2024 financial year. Gross earnings surged by 87.7% to N1.043 trillion, fueled by a 106.9% rise in interest income to N950.6 billion. The bank, in a statement, says this was driven by stronger yields on […]
By JKNewsMedia ACCESS TO car ownership in Nigeria has received a major boost as Stanbic IBTC Bank and Autochek have disbursed over ₦4 billion in vehicle financing since August 2024. The partnership, which integrates banking expertise with automotive technology, has made purchasing vehicles more accessible to Nigerians. Currently, ₦1 billion i...
By JKNewsMedia STRONG INVESTOR demand has propelled Fidelity Bank Plc past expectations in its capital-raising drive, securing an overwhelming 237.92% oversubscription in its Public Offer. The equity capital raise, completed through a Public Offer and Rights Issue, attracted 107,588 valid applications for 23.77 billion ordinary shares, genera...
