Categories: Business Update

Fidelity Bank Increases Staff Salaries

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 recalled that the Dr. Nneka Onyeali-Ikpe-led institution recorded the highest growth in year-on-year profitability in the Nigerian banking industry in 2024 with a 210% growth in Profit Before Tax to N385.2 billion.

Similarly, the bank recently announced that it was on the verge of closing out on the Central Bank of Nigeria-mandated recapitalization directive with a private placement exercise scheduled to conclude in June 2025

admin

Recent Posts

Hippopotamus Ravages Adamawa Farmlands, Farmers Demand Urgent Government Intervention

Hanny Henry Farmers in Ketembere community, Shelleng Local Government Area of Adamawa State, have appealed…

5 hours ago

Alia Rounds Up Benue’s Economic Dream Team To Get The State Moving

Iorfa Akpen Benue has got a new boardroom of brains, and Governor Hyacinth Iormem Alia…

5 hours ago

Police Arrest Osun SSG, Others  Over Alleged Vote-Buying, Recover N4.8m

The Osun State Police Command has arrested several suspects, including the Secretary to the Osun…

6 hours ago

Nasarawa Govt, China Sign MoU On Development Of Lithium Resources

Rabiu Omaku Nasarawa State Government has signed a Memorandum of Understanding, MOU with JINLIDE MINING…

20 hours ago

One Killed, Many Injured In Nasarawa Primary School Classroom Block Collapse

Rabiu Omaku Tragedy struck the people of Gada Biyu community, a Tiv settlement, when a…

20 hours ago

Baruwa: Osun INEC’S Claims Of Being Unaware Of NURTW Leadership Dispute Are Misleading

........Baruwa says he remains  the Authentic National President  by subsisting Court  Judgments Yakubu  Busari  National…

20 hours ago

This website uses cookies.