News

Fidelity Bank, GON-SETEC Resolve Contract Dispute

Gele August 25, 2026 0

The dispute between Fidelity Bank and GON-SETEC Nigeria Limited, an engineering firm, stemming from a breach of contract, has been amicably settled. This resolution followed the bank’s payment of a specified sum to the firm, which covered professional fees and damages related to the

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Fidelity Bank Responds To GON-SETEC, Seeks Amicable Resolution

Gele August 10, 2026 0

The management of Fidelity Bank Plc has addressed the allegations of breach of contract made by GON-SETEC Nigeria Limited, an environmental engineering firm based in Owerri. The firm asserted that the bank, in a letter dated May 6, 2026, engaged its services to resolve regulatory compliance issues encountered by the bank’s headquarters in Lagos, as […]

Opinion

Corporate Fidelity Or Corporate Infidelity: Questions Fidelity Bank Must Answer

Gele July 26, 2026 0

By Doncris Obioha In the world of banking, trust is not merely an asset; it is the foundation upon which every other asset rests. A bank may possess billions in shareholders’ funds, operate hundreds of branches, deploy cutting-edge technology, and maintain impressive profit margins, but if trust disappears, everything else becomes vulnerable. Confidence is the […]

Opinion

Fidelity Bank’s Infidelity: How Bank Scammed GON-SETEC Nig Limited

Gele July 23, 2026 0

By: GELE AGBAI The individual who named Fidelity Bank Nigeria PLC likely had commendable intentions. By its designation, Nigeria’s sixth-largest commercial bank is conveying to stakeholders that it is a trustworthy institution, committed to upholding agreements and promises. In essence, the bank, which was established in 1988 as a merchant bank and transitioned into

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GON-SETEC Demands N150m From Fidelity Bank Over Breach Of Contract

Gele July 21, 2026 0

GON-SETEC Nig. Limited, a water engineering firm, has formally demanded the payment of the sum of N150 million from Fidelity Bank Nig Plc due to the wrongful termination of its engagement with the bank. This demand is articulated in a letter dated July 20, 2026, authored by the firm’s legal representative, Chief Kola Kuforiji, Principal […]