Small and Medium Enterprises (SMEs) have been encouraged to adopt digital tools to enhance their operations and drive sustainable growth.
The bank made the call during the Fidelity SME Empowerment Program 2025 held recently in Lagos.
The event, which drew a large turnout of entrepreneurs and stakeholders, marked the official launch of Fidelity Bank’s initiative to equip 100 growth-ready SMEs with ERPRev-enabled POS systems and business support tools—at no cost to the beneficiaries.
Nneka Onyeali-Ikpe, managing director and CEO of Fidelity Bank Plc, represented Stanley Amuchie, executive director and chief operations and information officer, emphasized the bank’s commitment to SME development:
“We believe SMEs are not just the backbone of our economy—they are the architects of innovation, resilience, and inclusive growth,” she said.
“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,” she added.
Through the initiative, benefiting businesses will receive: a fully-installed POS desktop system, ERPRev business software, receipt printer and barcode scanner, inventory data input support, financial and bookkeeping training, branding and onboarding support, six months of post-installation monitoring; and a free Fidelity POS with instant settlement.
The three-day program features high-impact trainings, masterclasses, and networking opportunities designed to spark innovation, build partnerships, and unlock new markets.
Speaking also, Adaonah Kene-Uyawune, CEO of Manmark, said, “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.”
“I must commend Fidelity Bank for not just talking the talk but walking it. Their decision to adopt this particular software was intentional, recognising its unique capabilities and the value it brings to SMEs.”
According to the Nigerian Bureau of Statistics, SMEs make up 96 percent of all businesses in the country, employ over 80 percent of the workforce, and contribute nearly 50 percent to the national GDP.
Despite their critical role in the economy, many still rely on manual processes that hinder efficiency and limit access to finance.
Fidelity Bank’s intervention is therefore both timely and strategic—providing SMEs with the digital tools and support they need to streamline operations, improve transparency, and unlock new growth opportunities.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
