Court remands banker in prison over alleged N2.9m fraud

Court

An Ilorin Magistrates’ Court on Tuesday remanded a 32-year-old banker, Oyeyemi Mashood, in prison for allegedly defrauding customers of N2,972,000. The Chief Magistrate, Kudirat Yahaya, ordered that the accused be remanded at the Mondala Prison, Ilorin, and adjourned the case until June 5, for further mention. The accused is standing trial on a three-count charge of criminal breach of trust, cheating and misappropriation to which he pleaded not guilty. Earlier, the Prosecutor, Insp. Mathew Ologbonsaye, told the court that the suspect diverted the customers’ deposits to MMM, Twinkas and Lupas…

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Promo draw: Fidelity Bank customers win N13m

In a bid to boost savings culture and promote the Central Bank of Nigeria (CBN) financial inclusion, 12 customers of Fidelity Bank Plc have won N13 million in the fifth edition of the get alert in millions promo reloaded held in various regions of the country. The lucky winners for the fifth draw who got N1 million include Olajimoke Shittu and Henry Ekene Udeh (Abuja), Oladele Segun and Ago Victor (South-West), Ala Andrew Chuar and Sanni Sule (South-South). Others are Chukwu Umeje and Chiyere Okonkwo (South-East); and Fridnant Emmanuel and…

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Fidelity Bank rewards promo winners

Fidelity Bank Plc has rewarded winners that emerged in the 4th/ 2nd Bi-monthly draw of the get alert in millions promo reloaded held in various regions of the country. The winners that emerged from a transparent randomization process, which was vented by the bank’s control team and witnessed by officials from Consumer Protection Council (CPC) and other regulators received a total of N19 million in the draw, a statement from the lender explained. The lucky cash prize winners that were rewarded for the second Bi- Monthly draw include Adebiyi Olaide…

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Social media week: Fidelity Bank discusses digital revolution

Fidelity Bank Plc will today (Friday) organise a focused session tagged ‘The Millennial Takeover: How Millennials Are Changing The Financial Landscape” at the ongoing 2018 Social Media Week (SMW) holding at the Landmark Event Centre, Victoria Island in Lagos. The Bank’s decision to participate in the weeklong conference, according to a statement, was borne out of the need to further deepen ongoing conversations around social media and technology in relation to its impact on business, society and culture around the globe. SMW Lagos is a conference that provides the ideas;…

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Fidelity Bank to entrepreneurs: Embrace business opportunities

Nnamdi Okonkwo, the Managing Director, Fidelity Bank Plc has called on entrepreneurs in Nigeria to take advantage of emerging opportunities and grow their businesses. He said this at the Business Entrepreneurship Empowerment and Professionalism (BEEP) conference organised by Fidelity Bank in conjunction with Flame Consulting Limited in Lagos. He said that entrepreneurs should take advantage of evolving business environment to grow their business. Okonkwo, who was represented by Mr. Ken Opara, the Regional Head, Ikeja Bank, said that entrepreneurs should embrace collaboration and take advantage of shared services and offerings.…

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Fidelity Bank deploys banking solution for IGR

As part of deliberate efforts to change the face of service and create total customer experience in the financial services industry, Fidelity Bank has deployed a ground breaking and innovative solution for the collection of internally generated revenue (IGR) in Lagos State. Working in conjunction with the State Government, Fidelity Bank, according to a statement, developed the tax collection/payment solution via its Unstructured Supplementary Service Data (USSD) channel (*770#). The solution, which is first of its kind in the industry,is in response to some of the challenges faced in making…

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Fidelity Bank, Empretec partner on youth empowerment

Fidelity Bank Plc, in partnership with Empretec Nigerian Foundation, has concluded a graduate entrepreneurship training programme for 200 youths in Cross River State. This initiative according to a statement, is part of the next phase of the Bank’s entrepreneurship support interventions for State governments and Micro Small Medium Enterprises (MSMEs). The Bank Managed SME Division through its Youth Entrepreneurship team has put in place a programme for identifying and building young and budding entrepreneurs who will become tomorrows’ big SME customers. Organised under the auspices of the United Nations Conference…

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Fidelity Bank customers win N9m in promo draw

Winners have emerged in the seventh edition of Fidelity Bank Plc’s Get Alert in Million Promo draws held in various regions of the country. The winners, according to a statement, emerged from a transparent randomisation process, which was vented by the bank’s control team and witnessed by officials from Consumer Protection Council (CPC) and other stakeholders. Aside from other consolations prizes ranging from refrigerators to generating sets, the seventh edition of monthly draw saw four lucky customers from South/West, South/South, South/East and Abuja regions of the bank winning N1 million…

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Stock market advances on blue chips

The Nigerian equities market yesterday sustained upward trend for the second day following renewed investors’ optimism. This was in despite the transactions on the local bourse have continued to witness lull following unfriendly business environment. Key market indicators, the NSE ASI and market capitalisation advanced by 0.05 per on the back of blue chips companies. Specifically, the All-Share Index gained 13.3 basis points or 0.05 per cent to close at 25.51.01 index points as against 25.496.71 recorded the previous day, while the market capitalisation of equities appreciated by N4 billion…

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