BUSINESS

Fidelity Bank Empowers Entrepreneurs for Global Trade Success with EMP 18

Fidelity Bank Plc, a tier-one lender, has reinforced its commitment to boosting non-oil exports by hosting the 18th edition of its Export Management Programme (EMP 18). This specialized capacity-building initiative, held recently in Lagos, provided a strategic platform for entrepreneurs seeking to expand into global trade.

In partnership with the Lagos Business School (LBS), the five-day intensive program equipped participants with the knowledge and skills necessary to navigate international markets and thrive in the export sector.

L-R: Prof Frank Ojadi, Director, Export Management Program, Lagos Business School; Stella Nwuke, Team Member, Export & Agriculture Division, Fidelity Bank Plc; Emem Bassy, Managing Partner, Peony Dynamic Resource Limited; and Emmanuel Nwalor, Team Lead, Export & Agriculture Division, Fidelity Bank Plc; at the closing ceremony of the 18th edition of the Fidelity Bank Export Management Programme (EMP 18) held at the Lagos Business School recently.
“At Fidelity Bank, we recognize the immense potential of non-oil exports in driving economic growth. This is why we provide businesses with a comprehensive suite of financial, advisory, and market-access solutions to facilitate their participation in international trade,” said Isaiah Ndukwe, Divisional Head of Export and Agriculture at Fidelity Bank Plc.

“Our Export Management Programme, launched in 2016, has trained over 1,600 entrepreneurs. The overwhelming response to EMP 18, with a 150% oversubscription, signals a bright future for Nigeria’s non-oil export sector,” he added.

Equipping Entrepreneurs for Global Trade

Facilitated by industry experts, EMP 18 covered critical aspects of international trade, including Export Finance Instruments, Export Documentation, and Market Accessibility. Participants gained practical insights into navigating regulatory requirements and securing export approvals.

A key highlight of the program was a facility tour of one of Nigeria’s busiest Export Processing Terminals (EPT) in Ikorodu, Lagos. Led by officials from the Nigerian Customs Service (NCS), the tour provided participants with hands-on exposure to the processes and compliance measures required for successful exports.

Empowering Business Leaders

Speaking on the impact of EMP 18, Patrick Ulayi Awu-Patricks, Managing Director/CEO of Alliance & Frontier Limited, commended Fidelity Bank’s role in strengthening the non-oil export sector.

“This program has been eye-opening. The opportunities in non-oil exports are vast, and entrepreneurs must learn to leverage data for strategic decision-making. EMP 18 has provided me with valuable insights to navigate the global trade space effectively,” he stated.

Leading Force in Banking

Ranked among Nigeria’s top banks, Fidelity Bank Plc serves over 8.5 million customers through its digital banking platforms, 255 business offices across Nigeria, and its UK subsidiary, FidBank UK Limited.

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The bank’s excellence in trade finance and SME support has earned it numerous awards, including Export Finance Bank of the Year at the 2023 BusinessDay Awards, Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards, and Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

With initiatives like EMP, Fidelity Bank continues to empower businesses, drive economic growth, and position Nigerian entrepreneurs for global success.

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