Fidelity Bank Makes Giant Strides, Posts N23 billion Profit After Tax

Fidelity Bank

By Uche Mbah Fidelity Bank, one of the upwardly mobile middle level Banks in the Country, has consolidated on the gains of the previous Financial year by posting a profit after tax of N22.926 billion as against N17.768 billion in the previous Financial year amounting to an increase in N5.158 billion increase within the year under review. The Bank, which got listed on the floor of the Stock Exchange in May 2005, has declared a dividend of 11 kobo per ordinary share of 50k amounting to N3.186 billion. This was…

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Fidelity Bank: Nigeria’s Bank of The Year, Best Agribusiness Promoter

Fidelity Bank Plc, strong and reliable tier two lender has clinched the Bank of the Year award. The Nnandi Okonkwo led bank has also top other banks as the most innovative in agri-business. The bank received the awards at this year’s edition of the Leadership Awards 2018 held in Abuja recently. The bank won the prestigious award in staunch recognition of its unparalleled commitment to growing the nation’s economy by supporting the agricultural industry and consistently enhancing the development and competitiveness of Micro Small Medium Enterprises (MSMEs), the bank said…

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Fidelity Bank Boss Buries Mother In Pomp

Bayo Bernard For Nnamdi Okonkwo, the quiet reformer and Managing Director of Fidelity Bank Plc., tears and joy rolled together on December 31, 2018, when the entire town of Orumba and adjoining communities in Anambra state converged to commit Madam Comfort Madubom Okonkwo to mother earth. On this day men, women and youths from the town, all put on sad faces as they filed in orderliness to pay this great woman the last respect. Her passing was a great loss to the family, indeed, the entire Orumba who had looked…

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Fidelity Bank Grows Profit By 94 Percent

By Bayo Bernard The managing Director and chief executive officer, CEO of top new generation bank, Nnamdi Okonkwo has expressed satisfaction with the end of the year audited result released by the Nigerian Stock Exchange, NSE. The results indicate that the high flying bank surpassed the 2016 results in all key indices, for the year ended 2017. As a result of the performance, the management of the bank has decided to pay 11 kobo dividend to its numerous shareholders as a way of putting smiles on the faces. The details…

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