BEDC Tackles FG, Fidelity Bank Over Takeover Move 

BEDC Tackles FG, Fidelity Bank Over Takeover Move 

Fidelity Bank Plc lacks the legal authority to take over Benin Electricity Distribution Company (BEDC), the management of the company declared on Thursday.  On Tuesday, the Federal Government announced the restructuring and take-over of five electricity distribution companies (DisCos) for...
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Fitch Upgrades Fidelity Bank’s Issuer Default Rating From ‘B-’ To ‘B’

Fitch Upgrades Fidelity Bank’s Issuer Default Rating From ‘B-’ To ‘B’

Fitch Ratings has upgraded Fidelity Bank Plc’s long-term issuer default rating (IDR) from ‘B-’ to ‘B’, reflecting the bank’s increased creditworthiness. The rating agency also upgraded Fidelity’s National Long-Term Rating to ‘A(nga)’ from ‘...
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Fidelity Bank Bags SME Award  

Fidelity Bank Bags SME Award  

Fidelity Bank Plc has been recognized as the ‘Best SME Bank in Nigeria’ by the Global Finance Banking & Finance Awards 2022.  According to the organizers, Global Banking and Finance review, the bank has presented the award after a comprehensive...
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Fidelity Bank Partners Edo, GIZ To Host CBN RT200 FX Exports Roundtable 

Fidelity Bank Partners Edo, GIZ To Host CBN RT200 FX Exports Roundtable 

Fidelity Bank Plc has announced plans to host an exports roundtable and policy sensitisation workshop for businesses in Benin-City, Edo State capital in partnership with the Edo State Investment Promotion Office (ESIPO) and GIZ on Tuesday, 24 May 2022. &n...
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Fidelity Bank To Boost Schools’ Profitability With Value-Adding Products 

Fidelity Bank To Boost Schools’ Profitability With Value-Adding Products 

Fidelity Bank Plc has introduced a bouquet of products designed to help schools run profitably and seamlessly.  Specifically targeted at privately-run primary, secondary and tertiary educational institutions in the country, the collection of products incl...
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Fidelity Bank Sensitizes Customers on Emerging Opportunities In Non-Oil Exports, CBN RT200 FX Policy 

Fidelity Bank Sensitizes Customers on Emerging Opportunities In Non-Oil Exports, 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...
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Fidelity Bank Supports Girls’ Academy With N10m ICT Facility

Fidelity Bank Supports Girls’ Academy With N10m ICT Facility

Worried by the challenges faced by the girl-child, Fidelity Bank Plc., on Wednesday announced a N10 million financial support to build an information technology (IT) centre for the Dream Catchers Academy for Girls.  The Managing Director, Fidelity Bank Pl...
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Fidelity Bank Unveils Ten More GAIM 5 Promo Winners 

Fidelity Bank Unveils Ten More GAIM 5 Promo Winners 

Fidelity Bank Plc 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...
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Fidelity Bank Restates Support For CBN FX Repatriation Push, Sensitizes Customers In Non-Oil Exports Emerging Opportunities   

Fidelity Bank Restates Support For CBN FX Repatriation Push, Sensitizes Customers In Non-Oil Exports Emerging Opportunities   

Fidelity Bank Plc 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 D...
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Fidelity Bank To Light Up Lagos with The Euphoria

Fidelity Bank To Light Up Lagos with The Euphoria

Lagos is set to host its first major concert of the year this weekend as leading financial institution, Fidelity Bank Plc, hosts The Euphoria concert featuring leading music acts, Johnny Drille, Chike and Fave.  To be part of The Euphoria, ...
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Fidelity Bank Boosts Rice Value Chain, Facilitates Disbursement Of N34b

Fidelity Bank Boosts Rice Value Chain, Facilitates Disbursement Of N34b

Fidelity Bank has facilitated the disbursement of over N34 Billion indirect credit to players in the Nigerian rice value chain.   A statement sent to City Business News explained that the bank’s interventions in recent years have helped to unloc...
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Fidelity Bank Finances Ultra-Modern Rice Milling Factory

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...
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Fidelity Bank Unveils Alert In Millions Season 5 Winners

Fidelity Bank Unveils Alert In Millions Season 5 Winners

Fidelity Bank Plc has announced the second set of millionaires in its Get Alert in Millions Season 5 promo (GAIM 5). The event, held in Victoria Island, Lagos State was witnessed by representatives of regulatory organisations which include: Ms Oyinkan Kus...
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Fidelity Bank Inaugurates More CSR Projects In Host Communities

Fidelity Bank Inaugurates More CSR Projects In Host Communities

Fidelity Bank Plc has inaugurated Corporate Social Responsibility (CSR) projects in Oyo, Ondo, Ekiti and Kwara States.   The projects which include the provision of maternal and healthcare materials for hospitals, renovation and furnishing of a juven...
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