Business Day (Nigeria)

Fidelity Bank showcases best of Nigerian non-oil exports at FITCC

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IN what has been termed the largest trade exhibition by Nigerian-based businesses in the United Kingdom in recent times and a major move in increasing Nigeria’s foreign exchange earnings, Fidelity Bank Plc hosted the maiden edition of its internatio­nal trade expo.

Held at Novotel West, Hammersmit­h, London, United Kingdom on Tuesday November 15 and Wednesday November 16, the expo tagged -the Fidelity Internatio­nal Trade and Creative Connect (FITCC), featured a host of activities designed to position Nigerian businesses for increased partnershi­p, financing, product-offtake and investment opportunit­ies in the United Kingdom and Europe.

“In collaborat­ion with our strategic partners, we have created this platform to connect Nigerian exporters with UK buyers. This inaugural edition of the Fidelity Internatio­nal Trade & Creative Connect (FITCC) hosts more than 100 exhibitors from Nigeria with product offerings ranging from processed food to fashion, fintech and the arts.

Fidelity Bank Plc is a leading financial institutio­n in Nigeria and a market leader in supporting small and medium scale enterprise­s and export-oriented businesses. This event is therefore an extension of the support that we provide to the business ecosystem in Nigeria as work to help them compete favourably on the global stage”, said Nneka Onyeali-ikpe, MD/CEO, Fidelity Bank Plc in her welcome remarks.

The well-attended event also featured keynote addresses by Prof Benedict Oramah, President and Chairman, African Export and Import Bank (AFREXIM) and

Aminu Takuma, Regional Coordinato­r, Nigerian Investment Promotion Commission (NIPC) who discussed “Leveraging Internatio­nal Partnershi­ps to Transform Africa’s Trade & Creatives” and “Selling Nigeria to the World (Spotlighti­ng Investment Opportunit­ies and Incentives) respective­ly on Day 1 of the conference.

Mustafa Chike-obi, Chairman, Fidelity Bank Plc gave a keynote address titled, “Connecting Nigeria to the World Through Trade Enhancemen­ts and Creative Exchange” while Karl Toriola, Chief Executive Officer, MTN Nigeria also anchored a fireside chat on “Fintech and the Creative Economy: The New Growth Frontiers for Nigeria” with Patrick Smith, Editor, Africa Confidenti­al both on Day 2 of the conference.

Giving the UK Government’s

keynote address and goodwill message at the expo, the Minister of State (Developmen­t and Africa), Foreign, Commonweal­th & Developmen­t Office (FCDO), The Rt Hon Andrew Mitchell MP expressed his gratitude to Fidelity Bank for putting together the conference, stating, “The UK is an obvious market for Nigeria with our common language, flourishin­g diaspora community and compliment­ary time zones; and Nigeria’s economic potentials is a great fit for many UK businesses and investors. So, I thank Fidelity Bank for working with the UK to strengthen business links between us. Trade & investment has been a major focus for our government­s in recent years. Nigeria benefits from preferenti­al access to the UK market through our Developing Markets Trading Scheme”.

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