The profit of Fidelity Bank more than doubled in one year amid the country’s tough operating environment.
According to the bank’s financial statements, its profit after tax rose by 166.1 percent to N62 billion in the first half of 2023 from N23.3 billion in the same period of 2022.
The ban
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
