Tag: Fidelity Bank
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Fidelity bank reacts to bankruptcy reports
Fidelity Bank, Nigeria’s commercial bank, has dismissed reports alleging that its financial standing was shaky and facing bankruptcy.
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FG fines Fidelity Bank N555.8m
The Nigeria Data Protection Commission (NDPC) says the Federal Government has fined Fidelity Bank Plc. N555,800,000 for data breaches. National Commissioner of NDPC, Dr Vincent Olatunji, said this at the Nigeria Data Protection (NDP) Act General Application and Implementation Directive (GAID) validation workshop in Abuja.
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Fidelity Bank gets $40m support to acquire Union Bank UK
Afreximbank said it has disbursed 40 million dollars Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of Union Bank United Kingdom.
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Alleged N6bn laundering: Fidelity bank staff testifies against Mompha
A Fidelity Bank compliance officer, Mr Ezekoli Ozoemenam, on Monday testified against a social media celebrity, Ismaila Mustapha (alias Mompha) charged with six billion Naira money laundering. Ozoemenam, the fourth prosecution witness, was led in evidence by the Economic and Financial
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SOLIDARITY: Labour Party presidential candidate, Peter Obi thanks “OBIdient Family” in Calabar
The Labour Party presidential candidate, Peter Obi, has thanked the OBIdient Family in Calabar, Cross River State, for their show of love and solidarity during his visit. Obi, on Saturday visited Owerri, Imo state capital to commission a campaign house donated by a member of the party. He was received amidst cheers from the waiting…
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We’ll ensure changes in DisCos don’t disrupt service – FG
The Minister of Power, Mr Abubakar Aliyu says the ministry will ensure that the changes in corporate governance do not impact on the service and stability of the Distribution Companies (DisCos). Mal Isa’ Sanusi, Special Adviser on Media to the Minister of Power, made this known in a statement in Abuja on Wednesday.
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Fidelity bank set to take over boards of Kano, Benin, Kaduna DISCOs
Fidelity Bank said it planned to take over the boards of Kano, Benin and Kaduna Distribution Companies (DISCOs) and to collateralise their shares. The Director-General, Bureau of Public Enterprise (BPE), Alex Okoh, and the Executive Chairman, Nigerian Electricity Regulatory Commission (NERC), Sanusi Garba said this in a joint statement on Wednesday in Abuja.
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UPDATE: Further evidence reveals how 4 staff compromised Fidelity Bank database
Further evidence has revealed how four (4) staff of Fidelity Bank Plc, Olusegun Babasola, Abisola Ahmed, Uchechukwu Uma, Jude Aphaeus compromised the database of the bank to steal N874 million.
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How Fidelity Bank’s database was hacked with N870 million stolen in 3 days
Four staff of a commercial bank in Nigeria known as Fidelity Bank have compromised the database of the bank, stealing a total of N870 million in three (3) days.
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Diezani: EFCC uncovers additional $72.87m in Fidelity Bank
Diezani: EFCC uncovers additional $72.87m in Fidelity Bank