By JKNewsMedia Reporter
SMALL AND Medium Scale enterprises (SMEs) in Nigeria face numerous challenges, from limited access to funding to a lack of structured business support.
Fidelity Bank has launched a dedicated physical facility, the Fidelity SME Hub, to address these issues and equip entrepreneurs with the necessary tools, training, and infrastructure to thrive in an evolving business landscape.
Located in the heart of Lagos, the state-of-the-art facility offers a range of services, including training halls, meeting rooms, networking spaces, podcast rooms, and fully equipped studios for music, photography, and content production.
The hub aims to foster innovation, collaboration, and capacity-building—critical elements for SME growth and economic development.
“For nearly four decades, Fidelity Bank has been committed to supporting small businesses in achieving their full potential. We have recognised that SMEs need more than just financial backing; they require structured support, mentorship, and resources to scale,” said Dr Nneka Onyeali-Ikpe, Managing Director and Chief Executive Officer of Fidelity Bank Plc.
She explained that the Fidelity SME Hub is designed to provide non-financial solutions that will enhance SME operations and sustainability.
Entrepreneurs will have access to stakeholder engagement initiatives, industry experts, and mentorship programmes for hands-on guidance and strategic business advice.
A major highlight of the facility is Creativerse, a specialised space tailored for creatives and digital entrepreneurs.
With content creation becoming a key driver of economic growth, the bank has positioned the Creativerse to help artists, musicians, photographers, and digital content producers harness their craft, monetise their work, and expand their reach.
Beyond providing a workspace, Fidelity Bank has also introduced structured training programmes at the SME Hub.
These courses will cover essential business areas such as Financial Management & Investment Readiness, Digital Transformation & Technology Adoption, Marketing, Branding, and Business Growth Strategies.
In addition, a dedicated creative academy will offer courses in Music Production, the Business of Music, Website Design & Development, Mobile Videography, Disc Jockey (DJ) Techniques, and Photography.
Entrepreneurs interested in accessing these resources are advised to find more details or apply at https://www.fidelitybank.ng/smehub/.
Onyeali-Ikpe highlighted the broader economic impact of the SME Hub, stating that it aligns with Nigeria’s economic diversification agenda.
“Beyond empowering small businesses, this initiative will contribute to boosting non-oil exports by equipping SMEs with the knowledge and tools to expand their market reach.
Through Creativerse, we anticipate that content creators will unlock new revenue streams in entertainment, digital media, and arts—an industry already contributing 2.3% to GDP,” she noted.
With over 8.5 million customers, 255 business offices across Nigeria and the UK, and a strong digital banking presence, Fidelity Bank has solidified its reputation as a leading financial institution supporting businesses at all levels.
A statement issued noted that the Fidelity SME Hub is expected to play a crucial role in transforming Nigeria’s business landscape, providing a much-needed platform for entrepreneurs to grow, collaborate, and scale their ventures.