Fidelity Bank launches creative writing competition for Secondary School students

As part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education, leading financial institution, Fidelity Bank Plc, has launched a creative writing competition for secondary school students dubbed Read2Lead.

Themed Read2lead, the three-stage competition would see secondary school students hone their reading and writing skill while competing for millions of naira in cash rewards, a book publishing deal, and the chance to have their school library renovated by the bank.

At the end of the 3 staged competition, the star prize winner would go home with N2 million cash, a book publishing deal worth N2 million and another N2 million to upgrade his/her school’s library; the first runner-up will receive a N1.5 million cash prize; and the second runner-up will be awarded N1 million.

The first stage of the Read2Lead initiative, tagged, “The National Writing Showdown”, would see participants from across Nigeria compete for a coveted spot among the top 150 writers through a creative writing task.

“Successful students would thereafter move to the second stage known as “The Sweeta Writing Mastery”, where they would be tasked with writing an alternate ending for one of the selected books they would be asked to read. In the third and final stage themed, “The Author’s Workshop”, the top 30 participants would participate in an immersive writing boot camp which would be anchored by experienced writers and facilitators who would also select the top three finalists.

Registration ends on January 31, 2024.

The Bank in its third quarter (Q3), 2023, reported pre-tax profits growth of 172.60 per cent year on year, reaching N34.658 billion. This took the nine-month pre-tax profit to N110.992 billion versus N37.792 billion in the same period last year.

Also, Fidelity Bank Plc recorded an impressive 204.4 per cent growth in profit before tax for the first half of 2023 to N76.3 billion.

The bank in the first half of 2023 approved an interim dividend of 25 kobo per share making it the second consecutive year the bank would be paying interim dividends and another demonstration of its capacity to provide shareholders with sustainable value.

It would be recalled that the Bank’s stock was reclassified from small-price stock to medium-price stock by the NGX in July 2023 on the back of a consistent impressive performance.

Similarly, the bank recently emerged as the company with the highest earnings per share on the NGX based on half year financial figures for the second year running.