Fidelity Bank Plc has launched a digital empowerment initiative for Small and Medium Enterprises (SMEs), providing 100 growth-ready businesses with free business management systems and tools.
The programme, titled Fidelity SME Empowerment Program (FSEP), was unveiled at the bank’s SME Hub in Gbagada, Lagos. It aims to equip selected SMEs with ERPRev-powered Point-of-Sale (POS) systems, financial training, branding support, and post-installation monitoring at no cost.
Speaking at the event, Dr. Nneka Onyeali-Ikpe, Managing Director/CEO of Fidelity Bank, represented by Mr. Stanley Amuchie, Executive Director/Chief Operations and Information Officer, reaffirmed the bank’s commitment to SME development. “At Fidelity Bank, we believe SMEs are not just the backbone of our economy—they are the architects of innovation, resilience, and inclusive growth,” she said.
The intervention includes POS desktop systems with ERPRev business software, receipt printers and barcode scanners, inventory data entry support, financial and bookkeeping training, six months of post-installation monitoring, and free Fidelity POS devices with instant settlement.
In her remarks, Mrs. Adaonah Kene-Uyawaune, CEO of Manmark, a strategic partner of Fidelity Bank, described the initiative as transformative for Nigerian SMEs. “This digital solution simplifies accounting, inventory, HR, and profitability tracking—all on one platform. These tools are enablers of sustainable growth,” she said.
According to the Nigerian Bureau of Statistics, SMEs represent 96 per cent of businesses in the country, employ over 80 per cent of the workforce and contribute nearly 50 per cent to Nigeria’s Gross Domestic Product (GDP).
The three-day programme features masterclasses, networking sessions, and hands-on training designed to boost operational efficiency and open access to new markets.
