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PHOTONEWS: Fidelity Bank’s Courtesy Visit To The Office Of The Senate President of Nigeria

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L –R. Executive Director, North, Fidelity Bank Plc, Alhaji Hassan Imam; President of the Senate, Dr. Ahmad Ibrahim Lawan, CON. and Managing Director/CEO, Fidelity Bank Plc, Mrs. Nneka Onyeali- Ikpe when EXCO members of Fidelity Bank led by Mrs. Nneka Onyeali –Ikpe paid a courtesy visit to the Office of the Senate President of the Federal Republic of Nigeria, His Excellency, Distinguished Senator (Dr.) Ahmad Ibrahim Lawan…recently

In a bid to foster positive business relationships, Fidelity Bank makes concerted efforts aimed at collaborating with the private and public sectors.

The Bank had in the past paid courtesy visits to industrialists and top government officials such as the Governors of Ogun State, Lagos State, Oyo State, Imo State, and Osun State, as well as the founder of BUA Group, Abdulsamad Rabiu.

Just recently, EXCO members of the Bank led by Managing Director/CEO, Mrs. Nneka Onyeali-Ikpe paid a courtesy visit to the Office of the Senate President of the Federal Republic of Nigeria, His Excellency, Distinguished Senator (Dr.) Ahmad Ibrahim Lawan.

The purpose of the visit was to strengthen the existing relationship and support the government’s economic initiatives.

L –R. Senator representing Katsina South Senatorial District, Senator Bello Mandiya; Executive Director, North, Fidelity Bank Plc, Alhaji Hassan Imam; President of the Senate, Dr. Ahmad Ibrahim Lawan, CON.; Managing Director/CEO, Fidelity Bank Plc, Mrs. Nneka Onyeali- Ikpe; and Senator representing Jigawa northwest Senatorial District, Senator Abdullahi Gumel when EXCO members of Fidelity Bank led by Mrs. Nneka Onyeali –Ikpe paid a courtesy visit to the Office of the Senate President of the Federal Republic of Nigeria, His Excellency, Distinguished Senator (Dr.) Ahmad Ibrahim Lawan…recently

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Fidelity GAIM Season 4 Final Draw To Hold On July 22

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Fidelity Bank Plc, a top Nigerian lender, has announced plans to enrich the lives of fifteen Nigerians with a total of 39 million Naira at the final draw of the Get Alert in Millions Campaign (GAIM) Season 4 savings promo, slated for July 22, 2021.

The savings promotion, which is specifically aimed at promoting the culture of saving among Nigerians, is one of the bank’s many initiatives aimed at rewarding new and existing customers for their unwavering loyalty and patronage.

Despite the fact that the promotion was halted in 2020 due to the Coronavirus (Covid-19) Pandemic and the resulting global lockdown, hundreds of Nigerians have benefited from this unique reward scheme in which lucky customers are credited with millions of naira and consolation prizes via a draw system.

The Chairman, Promo Committee, Fidelity Bank Plc, Mr. Richard Madiebo expressed his delight at the resumption of the savings promotion, stating that the campaign seeks to reward customers for their loyalty and patronage.

According to Mr. Madiebo, for the past twelve years, the bank has empowered new and existing customers, providing an avenue for many to change their fortunes through its savings Promo.

He stated that the bank takes pride in keeping its promises, adding that the lender would continue to look out for innovative ways to satisfy and enrich its customers across the nation.

“And as we wind down on the 4th season of the GAIM promo, we are elated at the prospect of not only driving financial inclusion across Nigeria but also at the unique opportunity to enrich the lives of our customers especially in times of economic uncertainties”, noted Madiebo

Over the years, the leading tier two Bank has continued to intensify its efforts and innovate ways towards ensuring customer and stakeholder satisfaction. Through this promo, Fidelity Bank has promoted financial inclusion through digital channels and enriched the lives of its customers even in times of economic uncertainties.

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Another Shot In The Arm For Adeduntan As FirstBank Wins Global Banking And Finance’s Retail Banking CEO Award

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While the age-old saying and philosophy of virtue being its own reward (or seeing doing good as its own reward) remain a strong motivating factor in doing good persistently, it helps when virtue gets recognition from time to time. Even though anyone or organization committed to doing good will keep doing so with or without recognition, recognitions for virtue tend to act like a shot in the arm for such people or organizations, spurring them to commit even more to do good.

That is what the recent award of “Retail Banking CEO of the Year Nigeria” to Dr Adesola Adeduntan, CEO of First Bank of Nigeria Limited, is to both him and the bank he leads. It is a shot in the arm of this foremost CEO of Nigeria’s most enduring financial institution that is also the pioneer in retail banking development in Nigeria, the premier bank in West Africa, and the leading financial inclusion services provider in Nigeria for over 127 years, to keep steering the bank in the right direction, energizing and expanding retail opportunities for all Nigerians in the process. It is a well-deserved recognition for a man and the institution he leads that would rather keep off the spotlight and focus exclusively on attending to Nigerians’ banking needs as best as they can – which is what has kept them going for 127 years and counting.

This critical role is one FirstBank is better suited to lead than any other lender given the robust retail banking framework that the bank has in place, that is riding on its innovative technology-driven operations, over 750 branches across the continents, and 100,000 Firstmonie Agent banking network spread across 772 local government areas in Nigeria. It is little wonder that FirstBank, which is intricately woven into the fabric of Nigerian society, has been an essential player in the retail space, empowering Nigerians of all walks of life by providing them bespoke and innovative financial products and services that address their multidimensional needs. The bank has been at the forefront of bridging the financial exclusion gap and enabling customers and the general public to carry out both individual and corporate financial activities which contribute to the growth and development of the national economy.

The award by Global Banking and Finance Magazine, according to Dr Adeduntan, “speak[s] to the investments we [as FirstBank] have made over the past years in…enhancing financial inclusion….” It is a loud testament to the incredible strides FirstBank has made and continues to make in the retail space under the able and dynamic leadership of the management team led by Dr Adeduntan.

The strides are in turn underpinned by the bank’s resolute commitment to putting the customer and other stakeholders at the heart of its business. Dr Adeduntan reiterates this view when he wasted no time in dedicating the award to all the bank’s “customers, as the trust they reposed in us being their bank of the first choice in meeting their business and financial needs has been instrumental to the success we have achieved in our existence of over 127 years.” “We remain committed,” he continued, “to putting you, our customers, first as we contribute to the growth and development of our host communities.”

Organized to identify the banks across the world that have excelled across a number of areas, including corporate governance, sustainability, and innovation, and have played a key role in the industry’s growth, the Global Banking and Finance Awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the global financial community. The awards were created to accord recognition to companies of all sizes which are prominent in their areas of expertise and excellence within the financial world. For Dr Adeduntan and FirstBank, the award is further proof of FirstBank’s enduring commitment to providing excellent retail banking services to all its customers as reflected in the bank’s strategic vision, diverse and inclusive workforce, and performance-oriented organizational structure.

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UBA, DEG Sign $50m Term Loan To Support Small Businesses In Nigeria

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Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria.

To this end, both institutions have signed a USD 50m Term Facility Agreement. The facility with a tenor of six years is targeted at supporting SMEs and family-owned businesses in Nigeria.

UBA America’s Chief Executive Officer, Sola Yomi-Ajayi, who spoke about the partnership, said as a financial institution, UBA remains passionate about the growth of the private sector and small businesses which according to her, remains critical for any developing country. She noted that the passion to see this sector succeed is what led both organizations to collaborate on this laudable feat.

Yomi-Ajayi, who is also the Global Head for Financial Institutions, Multilateral and Development Organizations, said, “At UBA Group, we are proud of this collaboration with DEG, particularly as it supports our financial intervention in the SME space, enabling financial inclusion, as well as facilitating economic empowerment.

Continuing, she said, “These objectives remain core aspects of our strategy, particularly as regards to facilitating the achievement of Sustainable Development Goals on the African continent.”

In his comments, DEG’s Regional Director for West Africa, Bernhard Tilemann, said, “DEG is delighted to enter into long-term cooperation with UBA in Nigeria and the region. This cooperation will address the current economic challenges of the country while fostering private sector growth and impact in the largest economy of the continent.”

According to Tilemann, the funding provided by DEG is partly supported by EB-SME Finance Fund Emerging Markets, while the fund’s adviser is a 100% subsidiary of Evangelische Bank (EB).

The Regional Director noted that DEG has offices on the African continent in Lagos, Abidjan, Johannesburg, and Nairobi; and pointed out that the move is a major milestone for DEG’s Regional Representative Office in Lagos which was opened in 2019.

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