BANKING

Fidelity Bank Plc, one of Nigeria’s top-tier financial institutions, has promoted 376 employees following its recently concluded annual performance review exercise. This represents approximately 12% of the bank’s workforce, underscoring its management’s deep appreciation for the pivotal role played by staff in recoding the highest growth by percentage volumes in...

Tier-one lender, Fidelity Bank Plc, has recently announced salary increments for its staff following a remarkable full year 2024 financial performance. The salary increase announced in May follows a prior increment from November 2024 and aims to recognize staff contributions in customer service and achieving corporate goals. It will be...

In demonstration of its commitment to financial empowerment targeting Youths, Unity Bank Plc has again championed the cause of financial literacy by facilitating Training in 13 secondary schools across Nigeria to commemorate the 2025 Global Money Week. Held under the theme, “Think before you follow, wise money tomorrow,” this year’s engagement...

...to restore stability and accelerate hrowth C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensed microfinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal...

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the disbursement of ₦46.6 billion as the first tranche of liquidation dividends to depositors of the defunct Heritage Bank with funds exceeding the insured limit of ₦5 million. NDIC’s Acting Head of Communication and Public Affairs, Hawwau Gambo, who disclosed this in...

Tier one bank, Fidelity Bank PLC, has been named “Nigeria’s Best Private Bank” at the prestigious Euromoney Awards 2025. The recognition was formally unveiled at the awards ceremony held recently at The Savoy in London. The Euromoney Awards for Excellence are prestigious annual honors and a benchmark for excellence in...

In a landmark move that sets a new benchmark for customer-focused banking in Nigeria, Sterling Bank has championed the cancellation of bank transfer fees by major banks, announcing it will no longer take any money for itself for any local online transactions by its customers. The announcement, made on April...

In response to concerns raised by depositors of the defunct Heritage Bank whose balances exceed the maximum deposit insurance limit of N5 million, the Nigeria Deposit Insurance Corporation (NDIC) wishes to clarify that the Corporation has intensified efforts to ensure timely payments. According to NDIC Ag. Head, Communication & Public...

Unity Bank Plc has reaffirmed its commitment to women’s empowerment with a series of high-impact initiatives designed to inspire action toward gender equality and sustainable development. The Bank hosted a webinar with the theme: "Unleashing Women’s Potential," pivoted by the Unity Bank Women Network as it was marking this year’s...

Polaris Bank has achieved yet another milestone by emerging as the Sectoral Winner in the Banking and Other Financial Institutions Sector category at the 2024 NECA Annual Employers' Excellence Awards. The Bank received the sectoral recognition for its innovative HR practice at the NECA’s Excellence Awards, (the 4th edition) which...