BRIEF: Fidelity reports N4.98 billion profit for Q1

Fidelity bank

Nigeria’s mid-sized lender, Fidelity Bank Plc said its profit before tax for the first quarter of the year rose to N4.98 million.

The result is a minimal improvement because it recorded N4.85 billion profit before tax within the same period last year.

Gross interest income for the period was put at N16.97 billion compared to N16.56 billion reported last year.

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