Fidelity Bank Increases Staff Salaries

By Primetime Reports - May 22, 2025 • 1 min read • 👁 320 • 👍 0 • 👎 0 • • 0 Comments

Fidelity Bank Increases Staff Salaries

By Primetime Reports

Tier-one lender, Fidelity Bank Plc, has recently announced salary increments for its staff following a remarkable full year 2024 financial performance.

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The salary increase announced in May follows a prior increment from November 2024 and aims to recognize staff contributions in customer service and achieving corporate goals.

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It will be recalled that the Dr. Nneka Onyeali-Ikpe-led institution recorded the highest growth in year-on-year profitability in the Nigerian banking industry in 2024 with a 210% growth in Profit Before Tax to N385.2 billion.

Similarly, the bank recently announced that it was on the verge of closing out on the Central Bank of Nigeria-mandated recapitalization directive with a private placement exercise scheduled to conclude in June 2025.

Primetime Reports

Onome Naomi Onojaefe is a Nigerian journalist, news content creator and publisher associated with crime reporting, investigative journalism and general news reporting. She is the publisher of Naomi Sophy Blog and Primetime Reports, a Nigerian online news platform, where she reports on crime, security, politics, business, community affairs and other current issues. She has also published articles on Naomi Sophy Blog and Primetime Reports and contributes news reports and features to Nairaland. Publicly available records show her byline on reports covering crime, police investigations, court proceedings, community affairs, business and environmental issues. Areas of interest includes: Investigative journalism, Crime and security reporting, Human-rights reporting, Nigerian politics and public affairs, Community development, Digital journalism, News content creation, Media and journalism ethics, Advertising, Event Coverage, Features, And more...