• Fidelity Bank Organises Skill Acquisition Training for 500 Poly Students

    Fidelity Bank Organises Skill Acquisition Training for 500 Poly Students

    As part of its Corporate Social Responsibility program, Fidelity Bank in partnership with Gazelle Academy Vocational Center has organized a free 5 -day skill acquisition training on digital media and entrepreneurship for undergraduates of Waziri Umaru Federal Polytechnic, Birnin Kebbi.

    The representative of the Managing Director of the bank , Abdul Rahman Ibrahim told newsmen shortly after the opening ceremony that the program was essentially to promote small and medium enterprises (SME) , to ensure self reliance by promoting students from […]

  • CBN approves Fidelity Bank e-commerce platform licence

    CBN approves Fidelity Bank e-commerce platform licence

    The Central Bank of Nigeria (CBN) has granted Fidelity Bank Plc, one of the nation’s highly diversified financial institutions final licence to operate electronic commerce services in Nigeria.

    With this current development, the Bank is currently positioned to empower Micro Small Medium Enterprises (MSMEs) in line with its strategic business objectives, through the provision of an advanced electronic commerce platform. Aptly dubbed The Fidelity GreenMall, the Bank said the platform is an online marketplace with fully integrated e-commerce capabilities for online […]

  • EFCC releases Fidelity Bank boss Nnamdi Okonkwo, traces slush funds to NNPC

    EFCC releases Fidelity Bank boss Nnamdi Okonkwo, traces slush funds to NNPC

    According to reports, the Economic and Financial Crimes Commission has released the Managing Director of Fidelity Bank, Mr. Nnamdi Okonkwo, who was arrested last Wednesday for allegedly helping a former Minister of Petroleum Resources, Diezani Alison-Madueke, to launder $153m.

    The EFCC had taken the bank MD before an Ikeja Magistrate’s Court last week where the court ordered that he remained in EFCC custody for a week.

    However, a reliable source at the commission said that Okonkwo made useful statements on the case […]

  • Fidelity Bank: Okonkwo Returns As MD, Balarabe Now DMD after EFCC’s arrest over Diezanigate

    Fidelity Bank: Okonkwo Returns As MD, Balarabe Now DMD after EFCC’s arrest over Diezanigate

    Following the resumption of the managing director of Fidelity Bank, Mr Nnamdi Okonkwo, Alhaji Mohammed Lawal Balarabe who held forte in the absence of Okonkwo, has been appointed as the deputy managing director of the Bank, subject to regulatory approval.

    Okonkwo was temporarily replaced by Balarabe following his arrest by the Economic and Financial Crimes Commission (EFCC).

    The bank, in a statement described Balarabe as an erudite banker with over 24 years’ experience in corporate, commercial and retail banking. He has worked […]

  • CBN storms Fidelity Bank HQ over alleged $115m election bribery scandal

    CBN storms Fidelity Bank HQ over alleged $115m election bribery scandal

    The Central Bank of Nigeria’s (CBN) officials on Tuesday stormed Fidelity Bank’s head office in Lagos over $115 million cash allegedly laundered from the bank in the build up to the 2015 general elections.

    Nnamdi Okonkwo, the former Managing Director of the bank, last week, was arrested by the Economic and Financial Crimes Commission (EFCC) for allegedly helping former Petroleum Minister, Diezani Allison-Madueke to launder the $115 million.

    He has been replaced temporarily by the board of directors with Alhaji Mohammed Lawal […]

  • Fidelity Bank appoints Acting MD, Balarabe to replace troubled CEO Okonkwo

    Fidelity Bank appoints Acting MD, Balarabe to replace troubled CEO Okonkwo

    Fidelity Bank Plc yesterday appointed an Acting Managing Director, Alhaji Mohammed Lawal Balarabe in place of its troubled Chief Executive Officer, Nnamdi Okonkwo.

    The bank’s Board of Directors which approved the appointment, said the development followed the absence of the substantive  Managing Director/Chief Executive Officer.

    While announcing Balarabe, who prior to the appointment was the Executive Director North, the bank reassured all it’s stakeholders, including over 400,000 shareholders and about 3.4 million customers, of it’s continued seamless services.

    It said although Balarabe’s appointment […]

  • We are cooperating with EFCC – Fidelity Bank confirms arrest of MD, Nnamdi Okonkwo over Diezani’s $115 Million

    We are cooperating with EFCC – Fidelity Bank confirms arrest of MD, Nnamdi Okonkwo over Diezani’s $115 Million

    Following reports on Thursday that the Managing Director of a leading Nigerian commercial bank has been detained by the Economic and Financial Crimes Commission, EFCC, for allegedly helping former Petroleum Minister, Diezani Allison-Madueke to launder $115 million cash, Fidelity Bank has come out to own up.

    Fidelity Bank MD, Nnamdi Okonkwo, was taken into EFCC custody three days ago for receiving huge cash and helping to distribute it to beneficiaries two days to the last general elections.

    Okonkwo was picked up for […]

  • Court Slams N3m Bail On Blogger Over Alleged Publication Against Bank CEO

    Court Slams N3m Bail On Blogger Over Alleged Publication Against Bank CEO

    A Federal High Court in Lagos on Tuesday slammed a N3 million bail on a blogger for allegedly publishing a defamatory item about the CEO of Fidelity Bank Plc, Mr Nnamdi Okonkwo.

    The accused, Seun Oloketuyi, 39, is standing trial on a two-count charge bordering on defamation.

    The News Agency of Nigeria (NAN) reports that the accused was arraigned by the Police Special Fraud Unit
    and he pleaded not guilty to the charge.

    Justice Mohammed Yunusa, who gave the ruling, also granted the accused […]

  • Kayode Opeifa Marks Birthday With Danfo Cake (Pic)

    Kayode Opeifa Marks Birthday With Danfo Cake (Pic)

    The honourable Commissioner of Transportation for Lagos State, Kayode Opeifa turned 50 few days ago.

    Pictured above is a Danfo-themed cake brought in by Fidelity Bank Plc for the Golden Jubilee