Fidelity Bank has made a call to Small and Medium Enterprises (SMEs) to adopt digital tools to enhance their operations and drive sustainable growth.
This encouragement was given during the Fidelity SME Empowerment Programme 2025, held on Wednesday, July 23, at the bank’s dedicated SME Hub in Gbagada, Lagos State.
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.
Welcoming guests, the Managing Director/CEO of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe, represented by the Executive Director/Chief Operations and Information Officer, Mr. Stanley Amuchie, emphasized 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.
“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 said”
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 programme featured high-impact trainings, masterclasses, and networking opportunities designed to spark innovation, build partnerships, and unlock new markets.
Speaking at the event, the CEO of Manmark – Fidelity Bank’s strategic partner – Mrs. Adaonah Kene-Uyawaune,, noted: “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 handout, they are instruments for long-term business success.”
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.
