Sanwo-Olu to Lead Lagos Delegation to 2025 FNITCC Atlanta

Sanwo-Olu to Lead Lagos Delegation to 2025 FNITCC Atlanta Governor Sanwo-Olu will leverage the FNITCC platform to spotlight Lagos as Africa’s largest economy Other highlights include exhibitions showcasing African goods and services Leading financial institution, Fidelity Bank Plc, has announced that Lagos State Governor, Mr. Babajide Sanwo-Olu, will lead the state’s delegation to the 2025 … Read more

Nneka Onyeali-Ikpe Sworn in as Nwafor Orizu College Chairperson

Nneka Onyeali-Ikpe has been officially inaugurated as the chairperson of the governing council for Nwafor Orizu College of Education in Nsugbe, Anambra. The ceremony took place at the government house in Awka, where Chukwuma Soludo, the state governor, administered the oath to Onyeali-Ikpe and other newly appointed council members. Onyeali-Ikpe, who brings over 30 years … Read more

Fidelity Bank Fined 555 Million Naira for Data Breach by NDPC

The Nigeria Data Protection Commission (NDPC) has fined Fidelity Bank Plc 555 million naira for violating data protection laws. The fine, imposed on Tuesday, follows the bank’s lack of cooperation during investigations into the breach, according to NDPC’s National Commissioner, Dr. Vincent Olatunji. The fine represents 0.1% of Fidelity Bank’s annual gross revenue in 2023, … Read more

Ignore Mischief Makers, Our Licence Not At Risk Of Revocation By CBN – Fidelity Bank

Fidelity Bank

Fidelity Bank Plc. dismisses rumors of its license revocation by the CBN, assuring strong financial stability and announcing a N127.1 billion capital raise through a public offer and rights issue. EKO HOT BLOG reports that Fidelity Bank Plc. has dismissed rumours circulating about a potential revocation of its operating licence by the Central Bank of Nigeria … Read more

Fidelity Bank Bags Export Finance Bank Of The Year Award At 2023 BusinessDay BAFI Awards

Eko Hot Blog reports that Fidelity Bank Plc has emerged as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023. The bank was presented the award at a prestigious dinner event held on Saturday, 28 October 2023 at Lagos Continental Hotel, Victoria Island, Lagos. A statement by BusinessDay … Read more

Big Boost For Fidelity Bank As Houston Proclaims October 25 As FITCC Day

Eko Hot Blog reports that the City of Houston has designated October 25 as “Fidelity International Trade and Creative Connect (FITCC) Day”. Mayor Sylvester Turner of Houston, Texas, United States (US), officially declared the special day in a statement released from Houston, Texas, on Thursday, 26 October 2023. The proclamation reads in part, “Whereas, The … Read more

Lagos Seeks Investment Opportunities In Health, Other Sectors At Fidelity Bank’s FITCC Trade Expo

L-R: Secretary to Lagos State Government, Barister Abimbola Salau-Hundeyin, Commissioner for Commerce, Fola Ambrose, Commissioner for Health, Prof. Akin Abayomi, and LBIC MD/CEO, Mr Oluwatobiloba Lawal

Eko Hot Blog reports that the Lagos State Government was recently at the Fidelity International Trade and Creative Connect (FITCC) Expo to make a case for investment opportunities in health and other sectors. FITCC serves as a platform for collaborations and partnerships amongst global businesses in the non-oil export sector, with the aim of building … Read more

Top Commercial Bank Blocks Transfers To OPay, Moniepoint, Palmpay, Others Over KYC Concerns

EKO HOT BLOG reports that Fidelity Bank, a major commercial bank in Nigeria, has recently imposed limits on financial transfers to neobanks like as OPay, Moniepoint, and Palmpay. This decision is in reaction to worries about neobanks’ poor KYC (Know Your Customer) practices, which have resulted in a rise in fraudulent activity, according to TechCabal. … Read more

Fidelity Bank Set To Hold 2nd FITCC Trade Expo In Houston, Texas

Eko Hot Blog reports that the Fidelity International Trade and Creative Connect (FITCC) organised by Fidelity Bank Plc is set to hold in Houston, Texas, in the United States (US). The second edition of the international expo, which is tagged “FITCC Houston,” will take place from the 24th to 25th of October, 2023, at the … Read more

Fidelity Bank Doubles Profit After Tax As All Key Growth Metrics Rise (See Full FY’22 Financials)

Fidelity Bank has recorded a double-digit growth, according to its 2022 financial statements. The bank’s profits before and after tax also more than doubled from the previous year. Also, the bank’s assets have grown by more than 20 percent. Eko Hot Blog reports that Fidelity Bank Plc has released its audited financial statements (AFS) for … Read more

‘Reducing Poverty & Hunger:’ Fidelity Bank Launches Food Bank Initiative Nationwide

In November 2022, the NBS released data showing that more than 130 million Nigerians were multidimensionally poor. Although many factors were considered to reach that conclusion, hunger was prominent among them. Therefore, Fidelity Bank has taken a major step to reduce poverty and alleviate hunger in society. Eko Hot Blog reports that leading financial institution, … Read more

Fidelity Bank CEO, Nneka Onyeali-Ikpe, Makes Top 10 On 2023 Definitive List Of Women CEOs

The list was compiled the Standard Bank Group and Africa.com, a women-led digital media company. The award organisers released the latest list on Wednesday, April 19. They said it is based on data-driven research. Eko Hot Blog reports that Nneka Onyeali-Ikpe, Managing Director/CEO, Fidelity Bank Plc, and Miriam Chidiebele Olusanya, Managing Director, Guaranty Trust Holding … Read more

Fidelity Bank Showcases the Best of Nigerian Non-Oil Exports at FITCC

London, United Kingdom: 17 November 2022: In what has been termed the largest trade exhibition by Nigerian-based businesses in the United Kingdom in recent times and a major move in increasing Nigeria’s foreign exchange earnings, leading financial institution -Fidelity Bank Plc hosted the maiden edition of its international trade expo. EDITOR’S PICKS  BREAKING: FG Opens … Read more

Tragedy As Fidelity Bank Staff Member Slumps, Dies In Office

A Fidelity staff member has died in the office. Eko Hot Blog reports that a staff member of the Fidelity Bank, Emmanuel Ebere, slumped and died at the company’s Awolowo, Ikoyi branch in Lagos State on Wednesday. EDITOR’S PICKS  Save The Date: Don’t Miss Polio Vaccination In Lagos State This December Lagos Fixes Date To … Read more

Fidelity Bank Set To Acquire Union Bank Plc

Fidelity Bank

Fidelity Bank Plc has entered into a binding agreement to acquire a 100% stake in Union Bank UK Plc.   EKO HOT BLOG reports that top commercial bank, Fidelity Bank has entered into an agreement to buy 100 per cent stake in the United Kingdom unit of Nigeria’s second oldest lender, Union Bank. EDITOR’S PICK: … Read more

NMFB New NIB Loan Approvals Are Out

NMFB New NIB Loan

NMFB New NIB Loan Approvals Are Out EKO HOT BLOG reports that the management of Nirsal Microfinance bank, NMFB, has given a new update regarding the Non-interest Banking NIB loan. This was contained in a statement released by NMFB recently. Read Also: NPower News: How To Know If Your Nexit Training Confirmation Was Done Correctly It reads, “New … Read more

CBN Recruitment 2022/2023 Application Form Portal

CBN Recruitment

Apply for CBN Recruitment 2022/2023 Application Form Portal below. EKO HOT BLOG reports that the CBN recruitment 2022 portal is currently open for online applications. This online media platform outlines the necessary guidelines that will increase your chances of being recruited in the CBN 2022 recruitment exercise. Read Also: JAMB Includes 21 New Texts For English, … Read more

FULL LIST: CBN Removes ATM Maintenance Fee, Cuts Other Bank Charges

CBN

CBN has removed ATM maintenance fee and also reduced other bank charges. EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has reviewed charges and rates for electronic banking operations in the country. The development was disclosed in the CBN new ‘Guide to Charges to Banks Other Financial and non-financial, on Thursday, 27th … Read more

EFCC Discovers Another $72.8m Linked To Diezani

EFCC

The sum was said to have been discovered in an account domiciled in Fidelity Bank Plc…  EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC), has uncovered an additional $72, 870,000 million linked to the former Minister of Petroleum Resources, Diezani Alison-Madueke. The sum was said to have been discovered in an … Read more