Fidelity Bank to Disburse N5bn Credit Facility for Nigerian MSMEs
Fidelity Bank Plc, led by MD/CEO Nneka Onyeali Ikp, is set to distribute N5 billion from the NCGC Credit Guarantee Facility to support MSME financing in Nigeria. The partnership aims to enhance financial inclusion and stimulate economic growth by providing credit guarantees to sectors like food processing, agriculture, fashion, and renewable energy.
Over the years, Fidelity Bank has been empowering entrepreneurs through various credit facilities. Bonaventur Okh spoke at the event announcing this initiative.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
Read full article
Continue on Business Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
NCGC Partners with Banks to Enhance Credit Access for Youth and Women Entrepreneurs
FG Unveils NCGC Initiative to Boost MSME Financing in Nigeria
Fidelity Bank CEO Dr. Nneka Drives Nigeria-US Trade Expansion Beyond $5B Annually
FCMB Boosts SheVentures Loan Pool to ₦1bn for Women Entrepreneurs
Fidelity Bank's FNITCC 2025 Boosts Nigeria-US Trade Ties - Atlanta Mayor Applauds Initiative
Fast Credit Redeems N5bn Commercial Paper, Demonstrates Financial Strength
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
