Fidelity Bank Plc, certainly one of Nigeria’s top-tier {financial} establishments, has promoted 376 staff following its not too long ago concluded annual efficiency evaluation train. This represents roughly 12% of the {bank}’s workforce, underscoring its administration’s deep appreciation for the pivotal function performed by workers in recoding the very best development by share volumes within the banking business with 210% improve in its Revenue Earlier than Tax (PBT) which grew from N124.3 billion in 2023 to N385.2 billion in 2024.
The announcement, which was not too long ago communicated internally, comes on the heels of a 20% across-the-board wage improve applied in June 2025—a gesture that displays the {bank}’s dedication to workers welfare. It’s value noting that this follows an analogous wage adjustment carried out in November 2024.
Underneath the management of Dr. Nneka Onyeali-Ikpe, Fidelity Bank has persistently outperformed market expectations. In 2024, the {bank} recorded the very best share worth development of 116% within the business following the completion of its Public Supply which was over subscribed by 238% .
In recognition of the banks stellar efficiency, international ranking company, Fitch Scores not too long ago upgraded Fidelity Bank’s Nationwide Lengthy-Time period Score from ‘A(nga)’ to ‘A+(nga)’ in an additional endorsement of the {bank}’s {financial} energy and prudent administration. The upgraded rankings displays improved profitability metrics and strong capital buffers, reinforcing the {bank}’s sustained upward trajectory.
