At the closing ceremony of the 18th edition of the Fidelity Bank Export Management Programme (EMP 18), which was recently held at the Lagos Business School, 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.
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Fidelity Bank Plc, a tier-one lender, recently hosted the 18th session of its Export Management Programme (EMP 18) capacity building course, underscoring the need of encouraging non-oil exports once more.
The program, which was recently held in Lagos, gave business owners who were interested in investigating international trade potential a chance to grow and gain pertinent experience. The 5-day intensive program, which was organised in collaboration with the Lagos Business School (LBS), aimed to give entrepreneurs the information and abilities they need to investigate global market potential and bolster their ability to succeed in the export industry.
“The substantial benefits non-oil exports provide to our clients and the national economy serve as the foundation for Fidelity Bank’s plan to increase non-oil exports. For this reason, we provide a full range of financial, advisory, and market-access options to companies looking to trade internationally.
Since its introduction in 2016, our market-access program, EMP, has taught more than 1,600 entrepreneurs. We finished the 18th cohort today with a 150% oversubscription and excellent participants. According to Isaiah Ndukwe, Divisional Head of Export and Agriculture at Fidelity Bank Plc, this suggests a bright future for Nigeria’s non-oil exports.
EMP 18 led participants through a number of workshops that addressed important topics in international commerce, including export finance instruments, export documentation, and export market accessibility, among others. The sessions were led by important industry leaders in the exports sector. A facilities visit of one of Nigeria’s busiest Export Processing Terminals (EPT), situated in Ikorodu, Lagos state, was a major component of the training.
The Nigerian Customs Service (NCS) personnel led the full-day tour, which provided participants with a firsthand understanding of the steps and prerequisites needed to obtain regulatory approval for exporting from Nigeria. Patrick Ulayi Awu-Patricks, Managing Director/Chief Executive Officer, Alliance & Frontier Limited, who participated in the workshop, praised Fidelity Bank for taking the lead in implementing capacity-building programs in the non-oil export industry.
“There are lots of non-oil exports opportunities and entrepreneurs must be able to identify and capitalise on these to be able to play effectively in the international trade space,” he said in an interview with journalists, adding that EMP 18 gave him invaluable exposure to the export business’s opportunities. I now have a better understanding of the power of data, which is crucial for making strategic decisions, thanks to this course.
With 255 business branches across Nigeria and a subsidiary in the UK called FidBank UK Limited, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank that serves over 8.5 million customers through digital banking channels. It is ranked among the finest banks in Nigeria.
The Bank has won numerous national and international honours, such as the Banks and Other Financial Institutions (BAFI) Awards, the Export Finance Bank of the Year title at the 2023 BusinessDay Awards, the Global Banking and Finance Awards’ Best Payment Solution Provider Nigeria 2023, and the Best SME Bank Nigeria 2022 title.
Additionally, it was named the Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023 and the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023.
