May 15, 2026
Home Archive by category BUSINESS (Page 46)

BUSINESS

BUSINESS

Union Bank, PAPSS Simplify Cross-Border Transactions

To deliver simpler, smarter banking solutions, Union Bank of Nigeria has partnered with the Pan-African Payment and Settlement System (PAPSS) network, a Financial Market Infrastructure that provides hassle-free and convenient cross-border money transfers to some selected African countries.  This revolutionary payment solution for implementing the African Continental Free
BUSINESS

Fitch Upgrades Fidelity Bank’s National Rating to ‘A+(nga)’, Affirms Long-Term IDR at ‘B’

Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’. The upgrade, announced on May 29, 2025, reflects the bank’s strengthened capital buffers and improved profitability, signaling continued positive momentum in its performance.
BUSINESS

Fidelity Bank wins ‘Most Improved Commercial Bank’ at inaugural nairametrics capital market choice awards

For its outstanding financial performance and strategic growth, Fidelity Bank Plc, a leading tier-one financial institution, has been honoured with the Most Improved Commercial Bank of the Year award at the inaugural Nairametrics Capital Market Choice Awards. Organized by Nigeria’s premier financial media platform, Nairametrics, the awards were launched to recognize