Fidelity Bank Plc, one among Nigeria’s top-tier {financial} establishments, has promoted 376 staff following its just lately concluded annual efficiency assessment train. This represents roughly 12% of the {bank}’s workforce, underscoring its administration’s deep appreciation for the pivotal position performed by workers in recoding the best development by proportion 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 just lately 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 price noting that this follows an identical wage adjustment carried out in November 2024.
Beneath the management of Dr. Nneka Onyeali-Ikpe, Fidelity Bank has persistently outperformed market expectations. In 2024, the {bank} recorded the best share worth development of 116% within the business following the completion of its Public Provide which was over subscribed by 238% .
In recognition of the banks stellar efficiency, international score company, Fitch Rankings just lately upgraded Fidelity Bank’s Nationwide Lengthy-Time period Score from ‘A(nga)’ to ‘A+(nga)’ in an extra endorsement of the {bank}’s {financial} power and prudent administration. The upgraded rankings displays improved profitability metrics and strong capital buffers, reinforcing the {bank}’s sustained upward trajectory.
