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Tag: Fidelity Bank

  • Fidelity Bank rewards promo winners

    Fidelity Bank rewards promo winners

    Fidelity Bank Plc  has rewarded its savings account customers with gifts and cash prizes worth millions of naira. The winners emerged from the lender’s first draw in its ongoing “Get Alert in Millions promo”, where it is expected to give out N105 million at the end of the exercise.

    Speaking at the opening ceremony in Lagos, its  Managing Director/CEO, Nnamdi Okonkwo, said the promo, the sixth in a series, would help to deepen the Central Bank of Nigeria’s (CBN’s) financial inclusion project and improve the standard of living of its customers.

    He said winners went home with N9 million cash prizes and several consolation prizes. The star prize winner, Abiche Mary, won N3 million while Umar Yahaya, Ogadimma Jacintha, Damilola Olufemi won N1 million each. Consolation prizes of refrigerators, generating sets were also won.

    He said the bank, as a highly reputable financial institution, is committed to satisfying the needs of its customers, with the promo meant to encourage customers and members of the public to imbibe a savings culture.

    “There is a correlation between savings and economic development. Savings serve as a veritable instrument for capital mobilisation to finance aggregate investment required for economic growth. As an active participant in the Nigerian economy, we are supporting the federal government by making savings available for critical infrastructure deployments that would aid socio-economic development,” he said.

    Okonkwo, who was represented by the bank’s Executive Director, Shared Services and Products, Chijioke Ugochukwu, said: “In all, over 200 winners will emerge inclusive of consolation prizes such as fridges, generators among others”.

    “It is so easy, just open a savings account and grow it to N20, 000 or top up existing account with N10, 000 or more to qualify for monthly draws to win up to N3 million. You can also grow your account balance by N50, 000 monthly to qualify for quarterly draws to win star prize of N5 million,” he said.

  • Fidelity Bank rewards promo winners

    Fidelity Bank rewards promo winners

    Fidelity Bank Plc  has  rewarded its savings account customers with gifts and cash prizes worth millions of naira.

    The winners emerged from the lender’s first draw in its ongoing Get Alert in Millions promo, where it is expected to give out N105 million at the end of the exercise.

    Speaking at the opening ceremony of the promo in Lagos, its  Managing Director/CEO, Nnamdi Okonkwo, said the promo, which  is the sixth in a series, would help to deepen the Central Bank of Nigeria’s (CBN’s) financial inclusion project and improve the standard of living of its customers.

    He said winners in yesterday’s promo went home with N9 million cash prizes and several consolation prizes. The star prize winner, Abiche Mary, won N3 million while Umar Yahaya, Ogadimma Jacintha, Damilola Olufemi won N1 million each. Consolation prizes of refrigerators, generating sets were also won.

    He said the bank, as a highly reputable financial institution, is committed to satisfying the needs of its customers, with the promo meant to encourage customers and members of the public to imbibe a savings culture.

    “There is a correlation between savings and economic development. Savings serve as a veritable instrument for capital mobilisation to finance aggregate investment required for economic growth. As an active participant in the Nigerian economy, we are supporting the federal government by making savings available for critical infrastructure deployments that would aid socio-economic development,” he said.

    Okonkwo, who was represented by the bank’s Executive Director, Shared Services and Products, Chijioke Ugochukwu, said: “In all, over 200 winners will emerge inclusive of consolation prizes such as fridges, generators among others.”

  • Fidelity Bank rewards Get Alert in Millions promo winners

    Fidelity Bank Plc  yesterday, rewarded its savings account customers with gifts and cash prizes worth millions of naira. The winners emerged from the lender’s first draw in its ongoing “Get Alert in Millions promo”, where it is expected to give out N105 million at the end of the exercise.

    Speaking at the opening ceremony in Lagos, its  Managing Director/CEO, Nnamdi Okonkwo, said the promo, which  is the sixth in a series, would help to deepen the Central Bank of Nigeria’s (CBN’s) financial inclusion project and improve the standard of living of its customers.

    He said winners in yesterday’s promo went home with N9 million cash prizes and several consolation prizes. The star prize winner, Abiche Mary, won N3 million while Umar Yahaya, Ogadimma Jacintha, Damilola Olufemi won N1 million each. Consolation prizes of refrigerators, generating sets were also won.

    He said the bank, as a highly reputable financial institution, is committed to satisfying the needs of its customers, with the promo meant to encourage customers and members of the public to imbibe a savings culture.

    “There is a correlation between savings and economic development. Savings serve as a veritable instrument for capital mobilisation to finance aggregate investment required for economic growth. As an active participant in the Nigerian economy, we are supporting the federal government by making savings available for critical infrastructure deployments that would aid socio-economic development,” he said.

    Okonkwo, who was represented by the bank’s Executive Director, Shared Services and Products, Chijioke Ugochukwu, said: “In all, over 200 winners will emerge inclusive of consolation prizes such as fridges, generators among others”.

  • NEXIM, Fidelity Bank deepen non-oil export

    NEXIM, Fidelity Bank deepen non-oil export

    The Nigerian Export Import Bank (NEXIM Bank) and Fidelity Bank Plc are taking measures meant to enhance non-oil export and create wealth for Nigerians.

    Both lenders urged exporters to explore opportunities presented by the N500 billion non-oil Export Stimulation Facility (ESF) as well as the expansion of the export credit Rediscounting and Refinancing Facilities (RRF) to develop the economy, stimulate their operations, and create jobs for the people.

    Fidelity Bank’s Executive Director, Shared Services & Products, Chijioke Ugochukwu, said the lender is always at the forefront of financial services solutions and lending. She said the bank is committed to making a success story out of supporting non-oil export business.

    “Without a doubt, the most important thing for Nigeria today is non-oil export. We took a decision to play big in the cocoa sector, cashew nuts, and other key sectors, in a practical way. That is why we have a lot of talks around Fidelity Bank is very ready for export business and we want to attract successful entrepreneurs to the non-oil export business. We can assure you, this is more than talk. We do not just want to do export non-oil products, we want to do export them successfully,” she said.

    The acting Managing Director/Chief Executive, NEXIM Bank, Bashir Wali, spoke on the lender’s activities in non-oil export when he featured as guest on the Fidelity SME Radio Forum, a programme sponsored by Fidelity Bank to educate, inform, advise and inspire budding entrepreneurs, that was monitored on Inspiration FM in Lagos.

    The Central Bank of Nigeria (CBN) recently introduced the ESF and the RRF with a view to supporting the diversification of the economy and to expedite the growth and development of the non-oil export sector.

    Wali described Nigeria as endowed with both natural and human resources, including with huge untapped resources in the non-oil sector. He cited a National Bureau of Statistics report which put the total value of the country’s non-oil earnings in 2015 at $5.9 billion, with an average of $6.18 billion over the past five years.

    He said the ESF is aimed at encouraging entrepreneurs in the export sector so as to boost foreign exchange earnings from the non-oil sector.

    According to the NEXIM boss, in terms of informal trade, the amount ranges between $12 billion and $14 billion annually.

     

  • Fidelity Bank’s Get Alert in Millions promo begins

    Fidelity Bank’s Get Alert in Millions promo begins

    Fidelity Bank Plc yesterday, launched the Get Alert in Millions promo where some of its lucky savings customers are expected to win N105 million.

    Speaking yesterday at the opening ceremony in Lagos, its  CEO, Nnamdi Okonkwo, said the promo, which  is the sixth in a series, would help to deepen the Central Bank of Nigeria (CBN) financial inclusion project.

    He said the bank, as a highly reputable financial institution, is committed to satisfying the needs of its customers, with the promo meant to encourage customers and members of the public to imbibe a savings culture.

    “There is a correlation between savings and economic development. Savings serve as a veritable instrument for capital mobilisation to finance aggregate investment required for economic growth. As an active participant in the Nigerian economy, we are supporting the federal government by making savings available for critical infrastructure deployments that would aid socio-economic development,” he said.

    Represented by the its Deputy Managing Director, Mohammed Balarabe, explained that in a tightening economy, bank customers need cash to meet their financial needs. “Basically, this is a promo like no other. It will help lucky winners with cash, which is very important. We are urging our customers and prospective customers to save for projects and qualify for the coming rewards,” he said.

    The bank chief said that three customers will win N5 million each on quarterly basis; cash prizes of N3 million, N2 million and N1 million will be given out as first, second and third prizes respectively, at monthly draws category. Also, more than 138 consolation prize winners will emerge at the during the duration of the promo.

    “In all, over 200 winners will emerge inclusive of consolation prizes such as fridges, generators among others”.

    “It is so easy, just open a savings account and grow it to N20, 000 or top up existing account with N10, 000 or more to qualify for monthly draws to win up to N3 million. You can also grow your account balance by N50, 000 monthly to qualify for quarterly draws to win star prize of N5 million,” he said.

  • Fidelity Bank ED predicts $35b Diaspora remittances by year-end

    Fidelity Bank Plc has expressed optimism that the prevalent economic condition triggered by the slump in global oil prices will not dampen Diaspora remittances to Nigeria.

    According to the bank, remittances from Nigerians abroad are expected to hit $35 billion by the end of the year, making Nigeria one of the largest recipients of remittances globally.

    At a prize presentation in Enugu, the bank’s Executive Director (ED), South, Aku Odinkemelu, said  while every sector has been experiencing a slowdown, Diaspora remittances have continued to grow unabated.

    Odinkemelu, who pointed out that Nigeria can take advantage of the enormous, but untapped financial reservoir from the Diaspora to weather the economic storm, recognised the growing potential of this market segment in the Southeast region.

    At the ceremony, the bank presented a brand new Kia Rio car to a lucky customer, Malachy Igbodo, the winner of the bank’s MoneyGram Promo.

    The Executive Director said the presentation was intended to acknowledge the contributions of the  region, particularly in boosting Diaspora remittances and other capital inflows into the economy.

    Odinkemelu noted that the performance of the financial institution in the region was second to none. She added: “We are regarded as the bank for the Southeast and Southsouth and the evidence is the growing patronage and loyalty of customers. We are determined to recognise and reward that loyalty.”

    A winner, Igbodo, said the award took him by surprise, adding that it was probably the volume of his Diaspora transactions with foreign business partners that boosted his chances of participating and winning the raffle draw.

    “I would say that the frequency of remittances can offer anyone the opportunity of being drawn in the raffle draw. I will not sell the car, I will use it and keep it for my children to see,” he said.

  • Fidelity Bank appoints Seni Adetu as director

    Fidelity Bank appoints Seni Adetu as director

    Fidelity Bank Plc has announced the appointment of Chief Seni Adetu, as an Independent non-executive director.

    Adetu, the immediate past Managing Director of Guinness Nigeria Plc, brings to the bank’s board, 30 years of quality private sector experience, having worked at the highest levels with John Holt Plc, Coca-Cola International and Diageo/Guinness Plc in various countries within and outside Africa.

    He was at various times Managing Director of Coca-Cola, English West Africa based in Ghana (2001); the first African Managing Director/Chief Executive Officer and Executive Vice Chairman of Guinness Ghana Plc (2006), Group Managing Director/Chief Executive Officer, Diageo East Africa based in Kenya (2009) and until December 2014, Managing Director/Chief Executive Officer of Guinness Nigeria Plc and Executive Chairman, Diageo Brands Nigeria.

    Adetu has considerable expertise in commercial, financial and governance best practices, gained from his experience with Diageo in the United Kingdom (UK) and leadership development programmes with Coca-Cola in the United State (US). A great marketer, renowned for championing innovation in the fast moving consumer goods (FMCG) sector, Adetu was named Runner up Forbes/CNBC Business Leader/CEO of the Year 2012 in East Africa.

    Founder/Group CEO of First Primus W.A. Limited, an upscale Integrated Marketing Communications company, Adetu is a leadership coach and facilitates the chief executive programme of the Lagos Business School. He is a Chemical Engineering graduate and an MBA holder (with specialisation in Marketing), both from the University of Lagos. He is married with children.

  • NLC to shut banks for sacking workers

    NLC to shut banks for sacking workers

    The Nigeria Labour Congress (NLC) on Wednesday threatened to shut down the six banks that recently sacked their workers, giving the affected banks two weeks ultimatum to recall the sacked workers and allow unionization.

    The workers’ sack has already pitched labour against employers of labour in the country with the umbrella body of the employers, the Nigeria Employers Consultative Assembly, saying the government has no right to ask the banks not to sack workers.

    Labour on its part threatened to picket the banks if they fail to halt the mass sack of workers, accusing them of not allowing unionization and reneging on the principles of collective bargaining.

    In a letter to the management of the six banks and signed by its Deputy  General Secretary, Chris Uyot, the NLC said  labour will be forced to close the banks and their branches nationwide if they fail to recall the affected workers.

    The affected banks are – Fidelity Bank, Diamond Bank, First City Monument Bank, First Bank, Ecobank and Skye Bank.

    The letter to one of the affected banks management reads: “I have been directed to inform you that, it has been brought to our notice by our affiliate union, the National Union of Banks, Insurance, and Financial Institutions Employees (NUBIFIE) that your bank is one of those that have arbitrarily sacked a large number of workers in recent times contrary to laid down procedures and the country’s extant labour laws.

    “Also, of concern has been that these blatant retrenchments were carried out without recourse to several correspondence, including letters and circulars sent to you by the union to retrace your steps in line with best practices in labour relations and laws of the land.

    “By this letter, we are giving your bank 14 days  ultimatum commencing  from Thursday, 16th June, 2016 to recall all the sacked workers or face industrial action, which  may include ensuring that your bank and all its outlets are closed for business nationwide. While looking forward to your honouring our request, please, accept our goodwill and best regards.”

  • CSR: Fidelity Bank boosts education with classrooms

    Fidelity Bank Plc has inuagurated a new block of classrooms at the Police Children School, Obalende, Lagos as part of its commitment to support communities where it does business.

    The project was done under the aegis of the Fidelity Helping Hands Programme (FHHP), one of the bank’s Corporate Social Responsibility (CSR) arm, where staff of the bank identifies a project, raise funds for it with the bank supporting them, and the school project was identified by the bank’s security men across the country, who raised funds for it amongst themselves.

    The Managing Director/Chief Executive Officer, Fidelity Bank, Nnamdi Okonkwo, said the inauguration was very special to the bank as the renovation was in fulfillment of the objectives of the Fidelity CSR practice, which rests on a tripod: The environment, education and health/social welfare.

    Okonkwo said the bank strives to reinforce robust, healthy community relations by identifying with host communities in activities that are most relevant to them, which was why their  security staff remembered the Police Children School and contributed N500 each to renovate it.

    He said: “We play a leading role by identifying and seeking viable solutions to the problems of the society like youth empowerment, especially those in our immediate operational environment and have as a result, extended similar projects and initiatives to other states of the federation.”

    Okonkwo also promised to further assist the school by renovating other blocks not in the original plan and provide a generating set to the school’s Information Technology Laboratory. ”It is a fact that the world is now growing in technology, with e-learning the way forward, hence we will provide more computer systems and a generating set to power it for the children,” he said.

    Lagos State Police Commissioner, represented by the Bar Beach Divisional Police Officer  (DPO),  Olusegun Ajamolaya said the bank’s initiative is good as educating the young ones will go a long way in reducing illiteracy as training a child is synonymous to training a generation.

  • Fidelity Bank presents duplex, cash prizes to promo winners

    Fidelity Bank presents duplex, cash prizes to promo winners

    Fidelity Bank Plc has presented a four-bedroom detached duplex in Lekki, a power generating set, refrigerator and cash gifts to lucky winners in its just concluded Save-for-Shelter promo held nationwide.

    Mrs. Clara Ibedu, who won the star prize of a house, was presented the house yesterday in Lagos, making her the third customer to have won a house, with two other customers of the bank, Hadiza Sulieman and Edozen Adodo winning in Abuja and Port Harcourt respectively.

    Mr. Christopher Oluwaseun was also presented his N2 million cash prize, as Obiorah Godwin got N500, 000, while Kazeem Fatai Tokunbo went home with a Fridge. Apoeso Angela Oluwanifemi got a generator.

    The Executive Director, Lagos and Southwest, Mrs. Nneka Onyeali-Ikpe, said the Save-4-Shelter savings promo was borne out of the urge to reduce the housing gap witnessed in the country by encouraging people to save and in the process be rewarded with a good shelter.

    Onyeali-Ikpe said: “The Idea is to stop people from paying rent by winning through the promo and we will continue to do that as people need to be able to get suitable accommodation for themselves because we believe that shelter is a vital aspect in life.”

    She said aside the need for shelter, the lender also wants its customers to have savings culture, as savings for the rainy day is a good initiative meant to be undertaken by all.

    “I feel good that we have come to the end of this draws and the fact that we kept our words to our customers as over N35 million was spent on the promo with various consolation prices to satisfy all our customers, who participated in the draws. There was something for everybody and I am also very happy because our customers have been very loyal and we will continue to reward them,” she said.

    Mrs. Clara Ibedu, a business woman, was excited after the bank presented the star prize of four-bedroom duplex to her. Ibedu said she never expected it to be true as she thought it was a scam. “It was not looking real at first, but today I have come and I now believe it as it shows that savings pay,”she said.

    Speaking on the promo, the bank’s Managing Director/CEO, Nnamdi Okonkwo explained that all the bank’s customers needed to do was open an account with a minimum deposit of N20, 000 or top up existing accounts with incremental N10, 000. “This makes you eligible for the monthly draw. The savings account could be any in the savings bouquet, which include the Fidelity Savings Accounts (FSA), Fidelity Personal Savings (FPSS), SWEETA among others.