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Fidelity Bank Unveils Free Digital Tools For 100 SMEs At Lagos Empowerment Forum

 JKNM JKNMJuly 26, 2025 2061 Minutes read0
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By JKNewsMedia 

SMALL AND Medium Enterprises (SMEs) across Nigeria are set to benefit from a fresh wave of digital innovation as Fidelity Bank launched its 2025 SME Empowerment Program, distributing enterprise-grade tools to 100 growth-ready businesses.

The programme, hosted on Wednesday, July 23, at the bank’s SME Hub in Gbagada, Lagos, drew hundreds of entrepreneurs and business leaders seeking new solutions to improve operations and long-term scalability.

Fidelity Bank officially rolled out ERPRev-enabled POS systems and business support tools to selected SMEs at no cost, signalling a strategic investment in enterprise digitalisation.

According to the bank, the move forms part of a wider commitment to enhance small business resilience in a rapidly evolving economy.

Delivering remarks on behalf of the Managing Director/CEO, Dr. Nneka Onyeali-Ikpe, the bank’s Executive Director/Chief Operations and Information Officer, Mr. Stanley Amuchie, stated that Fidelity remains committed to SME advancement through technology and training.

Each beneficiary receives a complete digital suite – including a POS desktop system integrated with ERPRev software, a barcode scanner, receipt printer, inventory data input, branding support, and a free Fidelity POS with instant settlement. Six months of monitoring and comprehensive business training are also included.

Participants are also engaging in a three-day series of masterclasses and business development workshops curated to deepen knowledge, foster collaboration, and expand market reach.

Speaking at the event, Mrs. Adaonah Kene-Uyawune, CEO of Manmark, the bank’s strategic partner, described the initiative as a fundamental shift for small enterprises.

She emphasised that the platform replaces fragmented manual systems with integrated digital solutions for inventory, accounting, HR, and profitability management.

She adds that SMEs remain the bedrock of Nigeria’s economy, accounting for 96% of all businesses, employing over 80% of the labour force, and contributing nearly half of the country’s GDP.

Despite this significance, she said many still operate without modern tools – limiting efficiency and growth potential.

Fidelity Bank’s SME Empowerment Programme is said to respond directly to these challenges, offering long-term infrastructure to boost transparency, productivity, and financial access for micro and small business owners, she conludes.

Tags
Digital TransformationFidelity BankSME Development
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