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Fidelity records PBT of N76.3bn for H1 2023

……Declares interim dividend of 25 kobo Per Share Lagos, Nigeria, September 3, 2023: Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A review of the results published on the Nigerian Exchange Group (NGX) on Friday, 1 ...

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FBNHoldings Wows the Market with 2023 H1 Earnings Blowout

FBNHoldings (FBNH), the parent company of Nigeria’s pioneer Bank, First Bank of Nigeria Limited published stellar results, confounding analysts, and exciting investors. Equally as amazing as the spectacular results, which saw earnings per share surge by 234% to N5.19 was the fact that the banking behemoth was able to eke out this profit in a financially hostile policy environment where ...

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Fidelity Bank boss advocates measures to curb e-fraud challenges

Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has called on the Nigeria Electronic Fraud Forum, NeFF to come with solutions to the challenges posed by electronic fraud to financial system. According to a report published in Vanguard Newspaper, she made this call in Lagos while speaking at the 3rd quarter general meeting of NeFF. Nneka Onyeali-Ikpe explained ...

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FIRSTBANK COMMISSIONS ITS SECOND FULLY AUTOMATED SELF SERVICE BRANCH, UNVEILS ITS DIGITAL XPERIENCE CENTRE IN UNIVERSITY OF IBADAN

The FirstBank Digital Xperience Centre (DXC) in the University of Ibadan (U.I) is the Banks second fully automated self-service centre. The first DXC is at the Banks remodelled Adetokunbo Ademola branch, Victoria Island, Lagos. Furnished with the latest advancements in financial technology, it is one of the many ways the Bank reinvents itself to leave no stone unturned in exposing ...

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AT ITS 11TH AGM, FBNHOLDINGS REASSURES SHAREHOLDERS OF SUSTAINED IMPROVEMENTS AND DIVIDENDS

The 11th Annual General Meeting (AGM) of FBN Holdings Plc (FBNHoldings), the parent company of Nigeria’s premier financial inclusion services provider, FirstBank, was held on Tuesday, 15 August 2023. The virtual AGM was presided over by Alhaji Ahmad Abdullahi, the Group Chairman with shareholders, directors, Management staff and other stakeholders in attendance. Alhaji Ahmad Abdullahi presented an overview of the ...

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Heritage Bank Battles Tunde Ayeni Over N40 Billion Unpaid Loan, EFCC Steps In

Heritage Bank Battles Tunde Ayeni Over N40 Billion Unpaid Loan. Billionaire, Tunde Ayeni is locked in a battle with ailing financial institution, Heritage Bank over an unpaid N40 billion loan, this is as the former continues to wallow in a series of controversies lately. Tunde Ayeni had days back issued a press statement against his alleged estranged lover, Adaobi Alagwu ...

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ZENITH BANK SIGNS AGREEMENT WITH AfCFTA TO DEVELOP SMARTAfCFTA PORTAL

R – L Group Managing Director CEO of Zenith Bank Plc Dr Ebenezer Onyeagwu and the Secretary General of the AfCFTA Secretariat His Excellency Wamkele Mene during the signing of a Memorandum of Understanding MoU between Zenith Bank Plc and AfFCTA for the development of a smart portal at the 8th Annual Edition of the Zenith Bank International Trade Seminar ...

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Amina Mohammed, Abubakar Suleiman, Joyce Banda, Matthias Schmale, Oyeyinka to Headline Africa Social Impact Summit 2023

Renowned global figures Amina Mohammed, Abubakar Suleiman, Joyce Banda, Matthias Schmale and Professor Oyebanji Oyelaran-Oyeyinka are set to take center stage as headliners at the forthcoming Africa Social Impact Summit. The summit, hosted by Sterling One Foundation and co-convened by the United Nations Nigeria, aims to address pressing developmental challenges through collaborative efforts. Themed “Global Vision, Local Action: Repositioning the ...

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FIRSTBANK GRADUATES THE FOURTH SET OF PARTICIPANTS IN ITS SENIOR MANAGEMENT DEVELOPMENT PROGRAMME (SMDP) 

The SMDP is an intensive skill development programme structured to enhance core leadership and business competencies of selected senior management staff within the Bank and 20 successful participants were graduated in the recently concluded fourth edition. SMDP is one of the three core leadership programmes aimed at internally identifying and developing high-potential talents positioned to take up the mantle of ...

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Polaris Bank receives recognition for Supporting Women Empowerment

The International Women Society (IWS) Skills Acquisition Centre, Lekki, Lagos has honoured Polaris Bank with the prestigious ‘Providers & Enablers’ Award in recognition of the Bank’s remarkable commitment and significant contributions to women empowerment, particularly in the area of vocational, skills training and capacity building for women, as undertaken by the IWS . The award ceremony was held at a special graduation ...

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