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.