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Chike-Obi: Indefinite Payment of Levies by Banks to AMCON is Worrisome
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Fidelity Bank shareholders approve 22 Kobo dividend for 2020 -
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Fidelity Bank targets Tier 1 by 2025 â Onyeali-Ikpe
By Chinyere Joel-Nwokeoma
Lagos, April 30, 2021 The Managing Director of Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe, said that the top priority during her tenure would be to ensure the bankâs emergence as a Tier 1 financial institution by 2025.
Onyeali-Ikpe disclosed this on the sidelines of the bankâs 33rd Annual General Meeting (AGM) in Lagos on Friday.
She said that the bank was also targeting to achieve 7.5 per cent of the market share in total deposit by 2025.
Onyeali-Ikpe said that the bank would achieve the targets through digitisation of processes and innovation.
âWe will digitalise our processes; ensure that we have a strong staff welfare by taking care of our employees.
Vanguard News
Between Labour and the opposition to deregulation
On
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ast week, the price of crude oil rallied to $66 per barrel, the highest in 13 months. This was after oil price sank to sub-zero level in the wake of the COVID-19 pandemic in 2020. Ordinarily, for a country like Nigeria that is heavily dependent on revenues from oil, the price rally ought to be good news as it portends more money for the government to provide social amenities for the welfare of the citizens.
But the cheery news of oil price rally is dampened by the prospect of a rise in the pump price of petrol. In March 2020, the Federal Government finally took the bull by the horns and deregulated the downstream by taking advantage of the low oil prices induced by the COVID-19 pandemic.
Between Labour and the Opposition to Deregulation, By Tayo Olu
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