Fidelity Bank Empowers SMEs with Enterprise Administration Programs

Small and Medium Enterprises (SMEs) have been inspired to undertake digital instruments to reinforce their operations and drive sustainable progress. This name was made in the course of the Constancy SME Empowerment Program 2025, held on Wednesday, July 23, 2025, on the financial institution’s devoted SME Hub in Gbagada, Lagos.

The occasion, which drew a big turnout of entrepreneurs and stakeholders, marked the official launch of Fidelity Bank’s initiative to equip 100 growth-ready SMEs with ERPRev-enabled POS methods and enterprise help instruments—for gratis to the beneficiaries.

Welcoming friends, Dr. Nneka Onyeali-Ikpe, Managing Director/CEO of Fidelity Bank Plc, represented by Mr. Stanley Amuchie, Govt Director/Chief Operations and Data Officer, emphasised the financial institution’s dedication to SME improvement:

“At Fidelity Bank, we imagine SMEs are usually not simply the spine of our financial system—they’re the architects of innovation, resilience, and inclusive progress. Via the Constancy SME Empowerment Program (FSEP), we’re offering 100 entrepreneurs with the instruments, coaching, and help they should thrive in in the present day’s digital financial system.”

Via the initiative, benefiting companies will obtain: a fully-installed POS desktop system, ERPRev enterprise software program, receipt printer and barcode scanner, stock information enter help, monetary and bookkeeping coaching, branding and onboarding help, six months of post-installation monitoring; and a free Constancy POS with prompt settlement.

The three-day program options high-impact trainings, masterclasses, and networking alternatives designed to spark innovation, construct partnerships, and unlock new markets.

Talking on the occasion, Mrs. Adaonah Kene-Uyawune, CEO of Manmark -Fidelity Bank’s strategic accomplice, famous, “This digital transformation initiative is a recreation changer. It replaces guide bookkeeping with a unified system that simplifies accounting, stock, HR, and profitability monitoring. These instruments are usually not handouts—they’re devices for long-term enterprise success.”

In keeping with the Nigerian Bureau of Statistics, SMEs make up 96% of all companies within the nation, make use of over 80% of the workforce, and contribute practically 50% to the nationwide GDP. Regardless of their important function within the financial system, many nonetheless depend on guide processes that hinder effectivity and restrict entry to finance.

Fidelity Bank’s intervention is due to this fact each well timed and strategic—offering SMEs with the digital instruments and help they should streamline operations, enhance transparency, and unlock new progress alternatives.

Ranked among the many finest banks in Nigeria, Fidelity Bank Plc is a full-fledged Industrial Deposit Cash Financial institution serving over 9.1 million clients by digital banking channels, its 255 enterprise places of work in Nigeria and United Kingdom subsidiary, FidBank UK Restricted.

The Financial institution is the recipient of a number of native and worldwide Awards, together with the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Monetary Establishments (BAFI) Awards; the 2024 Most Modern Cellular Banking Utility award for its Constancy Cellular App by International Enterprise Outlook, and the 2024 Most Modern Funding Banking Service Supplier award by International Manufacturers Journal. Moreover, the Financial institution was acknowledged because the Finest Financial institution for SMEs in Nigeria by the Euromoney Awards for Excellence and because the Export Financing Financial institution of the 12 months by the BusinessDay Banks and Monetary Establishments (BAFI) Awards.