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Yuletide: Fidelity Bank Set to Host 2 Days of Family Entertainment

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In the spirit of the Yuletide, leading financial institution, Fidelity Bank Plc, has announced plans to host the maiden edition of the Fidelity Family Weekend.

Scheduled to hold on Saturday, 16 and Sunday, 17 December 2023 at the Fidelity Grounds, Oniru, Victoria Island, Lagos, the event is designed to create a fun and relaxed atmosphere for children to play, parents to relax and young adults to unwind during the festive season.

“The Yuletide season is all about coming together and spending quality time with loved ones especially as we wind down the year in anticipation of a new year. As a bank committed to providing memorable experiences for its clients, we pioneered the Fidelity Family Weekend to fete host our customers and clients to two fun filled days of family entertainment.

“We believe this is one more way of thanking our customers for a successful year,” noted the Divisional Head, Brand & Communications, Fidelity Bank Plc, Meksley Nwagboh, Ph.D. in a chat with journalists.

The Fidelity Family Weekend would run from 10am to 10pm daily and would feature dedicated fun activities for children including dancing competitions, bouncing castles, train rides, Santa’s Grotto, balloon games, amongst others.

Similarly, the programme for the adults’ section would feature exciting activities like karaoke competitions, games arcades, couple games, musical performances and so many more fun games that are geared towards providing a memorable experience for guests.

Entry into the event is free but guests are required to pre-register at www.fidelitybank.ng/family-weekend before 12 December 2023.

Commenting further, Dr Nwagboh said, “As a bank dedicated to helping individuals grow, businesses thrive and economies to prosper, we boast of an array of products and services for our diverse client base.

“These include the Fidelity SWEETA account for young children below the age of 17 years, Fidelity Flex for teenagers and undergraduates; and even the Fidelity Vintage Account for senior citizens; all tailor-made to meet our customers specific needs.

“The Fidelity Family Weekend is therefore another demonstration of this devotion to provide platforms for our customers to fulfill their lifestyle requirements”.

Ranked as one of the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank with over 8 million customers serviced across its 251 business offices in Nigeria and the United Kingdom as well as on digital banking channels.

The bank has won multiple local and international awards including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, the Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards; Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023; and Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.


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Customs Says No NIN, No Food as FG Begins Distribution of Seized Food Items

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Nigerian Customs Service (NCS) has commenced the distribution of seized food items across the country, following a mandate from the federal government, in a bid to alleviate the economic hardships faced by Nigerians.

Customs Says No NIN, No Food as FG Begins Distribution of Seized Food Items

Beneficiaries would be required to provide a verifiable National Identification Number (NIN) to access the assistance.

Wale Adeniyi, customs comptroller-general, announced the initiative during a flag-off event in Lagos, highlighting the collaboration with other agencies to ensure direct distribution to those in need.

The distribution targets various segments of the population, including artisans, teachers, and religious organizations, with an emphasis on reducing food prices.

Adeniyi assured the public of the safety of the distributed rice, certified by NAFDAC, and outlined measures to prevent misuse or diversion.

The operation addresses food hoarding and smuggling, contributing to the government’s broader strategy to stabilize food prices and enhance national food security.

 

 

 


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Access Bank, FG Partner to Provide N50bn Funding for MSMEs

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Access Bank has said that it will be working with the Office of the Vice President to provide N50 billion as soft loans and grants to four million Micro, Small and Medium Enterprises (MSMEs), in the country.

Chioma Ogwo, Head, Emerging Businesses at Access Bank Plc, disclosed this at the Inaugural Job Creation and MSME Quarterly Communications Forum in Abuja on Thursday.

Ogwo said the initiative was aimed at empowering businesses in Nigeria, by building their capacities and providing them with financial support.

According to her, 4 million MSMEs are expected to be empowered every year for four years, with 70,000 having access to finance while 300,000 will receive training.

She also mentioned that as part of the initiative, selected SMEs will have the chance to travel overseas and observe how businesses operate in other nations through its Business Exchange Programme.

Ogwo said: “So, this initiative, called the Youth Thrive by Access, is focused on MSMEs and we are looking at empowering them. There are different ways in which we are going to empower them. We are going to empower them by building their capacity and giving them access to affordable finance.

“We are going to build their capacities in different ways. There is going to be digital, technical, and also, skill acquisition training. With regards to finance, we are going to be giving them loans, and we are also going to be giving them grants.

“The grants are free. They are not paying us back. But, we are only giving grants to deserving SMEs who have done very well and there are price ranges for different categories.

“So, we have earmarked 50 billion for this intervention. For the first year, we will look at it and then will would review it”

While praising Access Bank for the initiative, Mr. Temitola Adekunle-Johnson, Senior Special Assistant to the President on Job Creation and MSMEs, Office of the Vice-President, stated that the objective was to remove obstacles to MSMEs’ loan access and to secure lower interest rates for them.

Johnson added that after evaluating the initiative’s effectiveness, the federal government would then consider whether to expand the funding.

According to him, “What we are trying to achieve is to be able to guarantee seamless and easy access to funding for the SMEs. We want businesses to be able to apply for funding and be sure that in the worst case, in 14 days, you have the funds that you need for your business.

“We do not want businesses to apply for loans and be waiting for disbursement in six weeks. Some of these businesses can fold up within those months. So, what we want, and what they have promised us, which we know they have the capacity to deliver on, is that this disbursements will be quick after the loan assessments are processed, so that we will help reduce the bottlenecks of MSMEs running from pillar to looking for funding.”


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MoneyMaster PSB Records Increase in Customer Base

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MoneyMaster Payment Service Bank, promoted and backed by digital services company Globacom has continued to witness tremendous increase in its customer base since it commenced operations.

The PSB which launched commercial operations in May 2022 in order to deepen financial inclusion in Nigeria is focused on the unbanked and under-banked in the country.

The number of customers has been on increase with majority of them attracted by the bank’s digital channels such as USSD, mobile app and internet banking which allow them to open accounts, buy airtime and data, pay utility bills and perform other services hitch free.

The PSB has also embarked several innovations, with new services introduced in recent times for the benefit of its customers across the country.

These developments, industry sources said propelled Nigerians to join the bank in order to enjoy series of top – notch financial services and also conduct their banking transactions assurance promptly.

The sources disclosed further that “There are currently over 4,000 billers on the MMPSB platform and that the number is growing on a daily basis.

“Through the platform, customers are able to pay for many essential services such as airtime, data, electricity, cable subscription, etc”.

The PSB is also retooling and reengineering its operation with several new initiatives to be unveiled soon for better customer experience, thus assuring them of exciting times ahead.


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