FIDELITY BANK PROMOTES 12% OF WORKFORCE AND INCREASES SALARIES BY 20% ACROSS BOARD

Fidelity Bank Plc, one of Nigeria’s top-tier financial institutions, has promoted 376 employees following its recently concluded annual performance review exercise. This represents approximately 12% of the bank’s workforce, underscoring its management’s deep appreciation for the pivotal role played by staff in recoding the highest growth by percentage volumes in the banking industry with 210% increase in its Profit Before Tax (PBT) which grew from N124.3 billion in 2023 to N385.2 billion in 2024. The announcement, which was recently communicated internally, comes on the heels of a 20% across-the-board salary…

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