Business

At DAAR 2019 Awards, Fidelity Wins Entrepreneurship Support Bank of the Year 

286

Fidelity Bank Plc, has been adjudged “Entrepreneurship Bank of the Year” at the third edition of DAAR Awards held in Abuja recently. The Bank clinched the prestigious award in recognition of its unrivaled leadership position and consistency in enhancing the growth and development of Micro Small Medium Enterprises (MSMEs) in the country.

According to the organisers of the event Fidelity Bank came tops on all measurable indices to emerge the entrepreneurship bank of the year.

“It is an honour for the success of our tailored capacity building initiatives for MSMEs to again be recognised at this time, said  Head, Corporate communications, Ejike Ndiulo who received the award.

” The award further underlines our unwavering commitment to building a new crop of entrepreneurs who will birth and power the next generation of conglomerates in the country. According to him, the Bank will continue to explore fresh opportunities to improve the competitiveness of MSME in Nigeria.

He disclosed that the Bank had partnered with the Nigerian Export Promotion Council (NEPC) and the Lagos Business School (LBS) to provide impactful, world-class training needed to improve the competitiveness of Nigerian enterprises, particularly export-oriented businesses and the associated value-chain players in the international market. Tagged, “Export Management Programme (EMP)”, this initiative, currently in its eighth stream, is catalysing export business in Nigeria.

 

Providing valuable insights into Fidelity Bank’s approach to supporting MSMEs in the country, Ejike said that the lender set up a full-fledged SME Banking Division dubbed ‘Managed SME’ to provide one-o

Leave a comment

Related Articles

Domestic Crude Oil Sale Initiative: Tinubu’s Strategic Move Pays Off

President Bola Tinubu’s directive to sell crude oil and refined products in...

CBN Sets Daily POS Transaction Cap at N100,000 for Agents

The Central Bank of Nigeria (CBN) has introduced a new policy aimed...

FirstBank’s Decemberissavybe 2024 kicks off with Kenny Blaq’s “Reckless” Musicomedy

December is a joyous season in Nigeria, a time when individuals take...

Nigeria’s Inflation Rate Rises to 34.6% in November

Nigeria’s inflation rate has risen to 34.6% in November, up from 33.8%...

Illicit mint naira sale: CBN slaps N150m fine on erring banks

The Central Bank of Nigeria (CBN) has introduced a strict measure to...

FG Sets December 16 for N120 Billion Bond Sale

The Federal Government, through the Debt Management Office (DMO), has announced plans...

Naira plummets to N1,780 per dollar, reversing recent gains

The Nigerian Naira experienced a sharp value decline on Wednesday, falling from...

Naira Posts Strong Gains Against Euro Amid Forex Market Reforms, European Political Uncertainty

The Nigerian naira has made significant gains against the European currency at...

Netflix debunks exit rumour, reaffirms commitment to Nigeria

Streaming platform Netflix has dismissed rumours suggesting it plans to withdraw from...

Nigeria’s private sector records first job decline in months amid inflationary pressures

Nigeria’s private sector experienced its first decline in employment in seven months,...

Foreign Holdings in Nigeria Drop Amid Naira Crisis, Corporate Cos’ Exits

Nigeria has experienced a sharp decline in foreign direct investment (FDI) inward...

FG begins N50 electronic levy deductions on Opay, Moniepoint, Kuda transactions

The Federal Government has commenced the deduction of a N50 electronic levy...

Nigerian Exchange Records Modest 1.97% Increase in October Transactions

The Nigerian Exchange (NGX) has reported a total transaction value of N502.73...

Breaking: CBN Raises Benchmark Interest Rate to 27.50% Amid Inflation

For the umpteenth time, the Central Bank of Nigeria (CBN) has raised...

UBA to empower MSME’s with wealth management strategies at its ‘Built to Last’ series

As part of its commitment to deepen the growth and sustainability of...

FirstBank Hosts First-ever China-Africa Interbank Association Forum

FirstBank, the premier West African financial institution and financial inclusion service provider,...

UBA to raise N239.4bln via right issues – Elumelu

The Group Chairman of United Bank for Africa, Tony Elumelu, has announced...

Nigeria’s Domestic Debt Reaches N66.957trn in H1 2024

Nigeria’s domestic debt stock has surged to N66.957 trillion in the first...

China’s imports from Nigeria soar to $15.1bln, 36.1% increase

China’s imports from Nigeria have reached an all-time high of $15.1 billion...

Bitcoin Surges to New High on Trump’s Presidential Victory

The price of bitcoin has skyrocketed to a record high of $75,345,...