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Fidelity Bank Plc

Court remands Mompha in prison for ‘money laundering’

The Federal High Court in Lagos has ordered that alleged internet fraudster, Ismaila Mustapha, popularly known as Mompha, be kept in the custody of the Nigerian Correctional Services until the hearing of his bail application.

Nigerian banks attract $4.74 billion foreign investments in six months

Data obtained from the National Bureau of statistics showed that the amount of investment attracted by 22 banks accounted for 33.16 per cent of the total amount of foreign investment recorded in the first half of the year, which stood at $14.31bn.

Bank donates three security vans to Lagos traders

Fidelity Bank Plc on Monday donated three security vans worth millions of naira to traders in Lagos to boost security in line with its Corporate Social Responsibility (CSR).

Fidelity Bank alerts public of smear campaign plot

Fidelity Bank Plc has alerted the public of a smear campaign plot by some disgruntled outsourced employees who were recalled by their employers.

Aggrieved note counters threaten to shut down activities at Fidelity Bank

The Concerned Note Counters Association of Fidelity Bank (CNCAFB) has threatened to disrupt activities at all Fidelity Bank branches should the management of the bank fail to pay them their entitlements.

Central bank sanctions four banks over delay in customers’ enquiries

The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, it was learnt.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC arrests bank staff for ‘stealing N137 million’

The Economic and Financial Crimes Commission (EFCC), Ibadan zonal Office, has arrested one Olumide Agbabiaka, a sales agent with Fidelity Bank Plc for allegedly stealing N137million.
An Ilorin, Kwara State lawyer Olarewaju Aluko and his client, Taiye Na’Allah, on Thursday sued the Economic and Financial Commission (EFCC) at a Kwara State High Court for alleged defamation of character.

EFCC arrests banker for allegedly stealing N137 million

The Economic and Financial Crimes Commission, Ibadan zonal office, has arrested one Kehinde Olumide Agbabiaka, a sales agent of Fidelity Bank Plc.

Fidelity Bank rewards seven customers with N2.8 million in Makurdi

Fidelity Bank Plc has given out N2.8 million to seven of its customers in Makurdi as reward for saving under its Fidelity Savings Loyalty Scheme.

Former banker jailed 10 years for stealing bank’s, depositors’ money

Justice Abiodun Adesodun of the Ekiti State High Court, has convicted a former cashier officer with Fidelity Bank, Ado branch of Ado Ekiti, Michael Adedayo Ihinolurinjon, and sentenced him to ten years in prison for stealing money from the bank’s vault and diverting customers’ deposits to personal use.

Fidelity Bank’s loan-to-deposit ratio hits 80%

In line with its mandate of growing its customer base and the Micro Small and Medium Enterprises (MSMEs) sub-sector, Fidelity Bank of Nigeria Plc on Thursday said its loan to deposit ratio is well over 80 per cent, confirming its robust support for Nigerian entrepreneurs.

Fidelity Bank: We’ve disbursed N9.6 billion to MSMEs

Fidelity Bank Plc says it has disbursed N9.6 billion to Micro-Small and Medium Enterprises (MSMEs), from the Development Bank of Nigeria (DBN) fund being administered by participating deposit money banks.

Kano firm petitions CBN, NDIC over alleged N86 million scam

A Kano-based firm, Triple C Motors Nigeria Limited, has written a petition to the Central Bank of Nigeria (CBN), and the Nigerian Deposit Insurance Corporation (NDIC), demanding payment of N86 million for the supply of seven vehicles to Fidelity Bank Plc.

Bank chief tasks parents build enduring educational legacy for children

Mr Nnamdi Okonkwo, Managing Director/CEO Fidelity Bank Plc, on Friday urged parents to build an enduring educational legacy for their children.

NSE: Market capitalisation loses N302 billion

Trading on the Nigerian equities market opened for the week on Monday with a loss of 2.22 per cent, following declining investors’ appetite on MTN Nigeria Communications shares.

Witnesses: Abdulrasheed Maina opened three accounts where ”unspecified amounts” were lodged in Fidelity Bank...

Two witnesses in the trial of Stephen Oronsaye, former Head of Service of the Federation, alleged that a brother of Abdulrasheed Maina, former Chairman of Pension Reform Task Team (PRTT), opened three accounts where ”unspecified amounts” were lodged in Fidelity Bank Plc.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB, Fidelity Bank seal $15.35bn deal to fund MSMEs

The African Development Bank (AfDB) has extended a $50 million (about N15.35 billion) facility to Fidelity Bank Plc for the growth of Micro Small and Medium Enterprises (MSMEs).

N1 billion contract debt: Central bank, 14 banks deny overseeing Imo’s account

The Central Bank of Nigeria (CBN) and 14 other banks out of the 17 ordered by an FCT High Court to show cause why plea for garnishee of alleged accounts operated by Imo Government should not be made absolute, had denied overseeing the state’s accounts.

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PDP urges Bode George to work with Lagos exco

The national leadership of the People’s Democratic Party (PDP) has urged Chief Bode George and other disgruntled chieftains of the party in Lagos state to put aside their personal and parochial differences and work with the executive committee in the state chapter.
An unnamed Nigerian player has been sacked by his Slovenian club side after he admitted to impregnating the Club President’s daughter.

Nigerian player sacked by Slovenian club for impregnating president’s daughter

An unnamed Nigerian player has been sacked by his Slovenian club side after he admitted to impregnating the Club President’s daughter.

Air traffic engineers call for training on cyber security

Air traffic engineers in the country have called on aviation authorities to invest more in building capacity of members in the area of cyber security in order to forestall cyber-attacks on the Communication Navigation and Surveillance/Air Traffic Management (CNS/ATM) domain.
Adeniran Ogunsanya College of Education

Adeniran Ogunsanya college to be upgraded to university – Lagos governor

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Monday said the state government owned Adeniran Ogunsanya College of Education is to be upgraded to a University of Education.

Air Peace to commence flight operation to Ibadan

Onyeama explained that the recent Corporate Award of Excellence to the airline by University of Ibadan was in recognition of its unparalleled excellence in the delivery of safe and comfortable flights.