By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Fidelity Bank Plc said on Monday its pretax profit for the period ended March 31, 2015 climbed up marginally 5.6 percent to N4.710 billion from N4.459 billion a year earlier.

Similarly, profit after tax (PAT) increased same margin of 5.6 percent to N4.003 billion from N3.790 billion recorded same period of 2014.

Gross earnings climbed up from N30.956 billion in the first quarter of 2014 to N34.824 billion in the review period of 2015; indicating a rise of 12.5 percent, according to the lender in a filing with the Nigerian Stock Exchange (NSE).