Small and Medium Enterprises (SMEs) have been inspired to undertake digital instruments to boost their operations and drive sustainable progress. This name was made throughout the Fidelity SME Empowerment Program 2025, held on Wednesday, July 23, 2025, on the {bank}’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 techniques and enterprise help instruments—without charge to the beneficiaries.
Welcoming friends, Dr. Nneka Onyeali-Ikpe, Managing Director/CEO of Fidelity Bank Plc, represented by Mr. Stanley Amuchie, Executive Director/Chief Operations and Information Officer, emphasised the {bank}’s dedication to SME growth:
“At Fidelity Bank, we believe SMEs are not just the backbone of our economy—they are the architects of innovation, resilience, and inclusive growth. Through the Fidelity SME Empowerment Program (FSEP), we are providing 100 entrepreneurs with the tools, training, and support they need to thrive in today’s digital economy.”
Through the initiative, benefiting companies will obtain: a fully-installed POS desktop system, ERPRev enterprise software program, receipt printer and barcode scanner, stock knowledge enter help, {financial} and bookkeeping coaching, branding and onboarding help, six months of post-installation monitoring; and a free Fidelity POS with immediate settlement.
The three-day program options high-impact trainings, masterclasses, and networking alternatives designed to spark innovation, construct partnerships, and unlock new markets.
Speaking on the occasion, Mrs. Adaonah Kene-Uyawune, CEO of Manmark -Fidelity Bank’s strategic accomplice, famous, “This digital transformation initiative is a game changer. It replaces manual bookkeeping with a unified system that simplifies accounting, inventory, HR, and profitability tracking. These tools are not handouts—they are instruments for long-term business success.”
According to 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 almost 50% to the nationwide GDP. Despite their crucial function within the economic 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 Commercial Deposit Money Bank serving over 9.1 million clients via digital banking channels, its 255 enterprise workplaces in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
The Bank 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 Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was acknowledged because the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and because the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.