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FMCB

May 19, 2025

EXCLUSIVE: Fidelity faces bankruptcy as Supreme Court orders banking giant to pay N225 billion damages to Nigerian firm

The bank is in talks with Sagecom to hammer out a repayment plan, but the urgency stipulated in the ruling could hamper its ability to spread out the liability without going under.

Fidelity Bank and CEO Nneka Onyeali-Ikpe,