By Ayomide Otitoju
FidBank UK Limited, the international subsidiary of Fidelity Bank Plc, has announced a new initiative aimed at supporting Nigerians—both individuals and corporates—in acquiring properties in the United Kingdom.
The bank said the initiative will be delivered through its FidBank Buy-to-Let product, tailored for high-net-worth individuals (HNIs) seeking structured access to the UK real estate market. FidBank UK offers a range of services including trade finance, personal and business banking, treasury services, commercial lending and private banking.
The announcement was made at an exclusive product showcase hosted by the British Deputy High Commissioner in Lagos, Mr. Jonny Baxter, at his residence on Tuesday, May 26, 2026. The event brought together industry leaders, corporate executives and select stakeholders.
Speaking at the event, the Managing Director and Chief Executive Officer of FidBank UK, Mr. Johnson Enemadu, said the initiative was designed to deepen customer engagement while expanding access to cross-border investment opportunities.
He noted that the platform reflects growing collaboration between Nigeria and the United Kingdom, strengthened by recent high-level diplomatic engagements, adding that FidBank UK is positioned to support capital flows and investment across both markets.
“The event is about showcasing to the market that there is something exciting and we are able to take customers along in this journey, supporting their businesses and high-net-worth individuals. It is a total experience,” he said.
Enemadu added that improved bilateral relations between both countries continue to open new pathways for trade, investment and financial cooperation.
In his remarks, the British Deputy High Commissioner in Lagos, Mr. Jonny Baxter, reaffirmed the UK’s commitment to deepening economic ties with Nigeria, noting London’s role as a global financial hub with strong infrastructure supporting cross-border investment and trade.
He welcomed initiatives such as FidBank UK’s property-focused offering, describing them as efforts that strengthen financial systems and enhance economic cooperation between both countries.
The event also featured an art exhibition showcasing works by Nigerian artists Femi Morakinyo and Oswald Chukwunyeremugo.
Speaking on behalf of the Lagos State Governor, Babajide Sanwo-Olu, the Commissioner for Finance, Mr. Abayomi Oluyomi, described the initiative as aligned with the state’s economic development agenda, noting that FidBank UK provides a structured and trust-based private banking platform for cross-border investors.
FidBank UK, headquartered in the City of London since 1983, provides financial services to clients operating between Nigeria, West Africa and the United Kingdom. The institution is regulated by the UK’s Prudential Regulation Authority and Financial Conduct Authority, and is covered under the Financial Services Compensation Scheme.
