The Supreme Court of Nigeria has ordered Fidelity Bank Plc to pay an Ibadan based firm Sagecom Concepts Limited the sum of N225 billion bank for breaching court orders and selling encumbered properties to the firm. In a unanimous decision delivered on April 11, 2025, the apex court described Fidelity Bank’s action as an attempt…
Fidelity Bank Plc says it generated N105.8 billion as its profit before tax (PTB) for the first quarter of 2025. This represents a growth of 167.8 per cent compared to N39.5 billion in same period of 2024. The bank disclosed this in its unaudited financial statements released on the Nigerian Exchange. The company’s gross earnings…
Fidelity Bank Plc has reported a pre-tax profit of N385.2 billion for 2024, representing a 210 per cent growth compared to the N124.3 billion recorded in 2023. The bank, in a statement released on Monday, declared a total dividend of N2.10 per share following its strong financial performance in 2024. Gross earnings increased by 87.7…
