
Fidelity Faces Bankruptcy As Supreme Court Orders Bank To Pay N225 Billion Damages To Nigerian Firm
Fidelity Bank is scrambling to stave off a looming insolvency after a Supreme Court panel found the top lender liable in a years-long tort dispute with a little-known general services venture operating out of Ibadan, Peoples Gazette heard from people familiar with the situation. The Lagos-based banking group has opened talks with lawyers representing Sagecom…