By Ayomide Otitoju
Fidelity Bank Plc has launched the Fidelity SME Empowerment Program (FSEP) to equip 100 growth-ready Nigerian small businesses with digital tools and operational support. The initiative was unveiled on July 23 at the bank’s SME Hub in Gbagada, Lagos.
The program provides selected SMEs with ERPRev-enabled POS systems, inventory tools, branding support, and six months of post-installation monitoring—free of charge. Participants will also undergo bookkeeping and business management training during a three-day workshop.
Speaking at the launch, Stanley Amuchie, Executive Director of Fidelity Bank, reaffirmed the bank’s support for small businesses: “Through this program, we’re enabling Nigerian entrepreneurs to scale up with the right tools for long-term digital success.”
Adaonah Kene-Uyawune, CEO of tech partner Manmark, described the initiative as a game changer that simplifies business processes and enhances transparency.
The effort targets a sector that represents 96% of Nigerian businesses and nearly half of GDP, according to NBS data.