Banking

Profits at Fidelity Bank drop 58 per cent

by Editor

April 2, 2014 | 12:00 am
  |     |     |   Start Conversation

Fidelity Bank said on Wednesday its pretax profit fell to N9.03 billion ($54.75 mln) in 2013 from N21.34 billion the previous year. However, the mid-tier lender increased gross earnings to N126.9 billion from N119.1 billion in 2012, it said in a statement. Fidelity Bank proposed a dividend of N0.14 per share, which it will pay…

login to view this content or Register here
Tags:

by Editor

April 2, 2014 | 12:00 am
  |     |     |   Start Conversation

Big Read |  

Analysis

Eligible customers: Implementing the declaration

The Electric Power Sector Reform Act (EPSRA) of 2005 sets the Nigerian Electricity Supply Industry (NESI) on the journey towards...


MTN Banner ADS 2

BRIU

Diamond

Election Banner