Fidelity Bank May Go Under as Supreme Court Orders It to Pay N225 Billion Damages
Fidelity Bank, one of Nigeria’s top lenders, is facing a looming insolvency crisis after a Supreme Court panel found the bank liable in a years-long tort dispute with a little-known general services venture, Sagecom Concept Ltd. The bank has been ordered to pay N225 billion in damages, which could potentially cripple its operations. […]











