Nine months results: FX gains lift Fidelity Bank income, derivative losses pressure profit

Fidelity Bank Plc delivered strong topline growth in the first nine months of 2025, driven by improved asset pricing, expanding digital income streams, and solid balance-sheet expansion. However, bottom-line performance faced pressure from derivative-related losses triggered by the recent appreciation of the naira, underscoring the volatility inherent in Nigeria’s evolving foreign exchange environment. Revenue growth ...