Fidelity Bank Wins ‘Export Finance Bank Of The Year’ At 2023 BAFI Awards

October 31, 2023

Fidelity Bank Plc has clinched the coveted “Export Finance Bank of the Year” award at the 2023 BusinessDay and Other Financial Institutions (BAFI) Awards, held in Lagos.

The BAFI Awards, now in its 10th year, are regarded as the gold standard for recognizing excellence in Nigeria’s financial services sector. According to BusinessDay Media Limited, the award organizers, it’s a celebration of institutions that excel in delivering financial services in Nigeria.

Join our WhatsApp Channel

Mrs. Nneka Onyeali-Ikpe, the MD/CEO of Fidelity Bank, expressed her gratitude and dedicated the award to their customers. She said: “We are grateful for this recognition and dedicate the award to our customers who rely on us to provide the right support for operating effectively in the global non-oil exports market space.

“As a bank, we remain committed to our goal of helping individuals grow, inspiring businesses to thrive, and empowering economies to prosper.”

Fidelity Bank’s award is not a stand-alone achievement as Just weeks ago, the bank hosted the second edition of the Fidelity International Trade and Creative Connect (FITCC) expo in Houston, Texas, an event that showcased the bank’s commitment to facilitating global trade.

At the expo, Fidelity Bank inked a $40 million cocoa pre-export deal with AFREXIM Bank and JohnVents Industries, a development that analysts have hailed as a game-changer in the exports sector.

FITCC Houston was not just about deals; it was a platform for more than 160 Nigerian and US-based businesses to exhibit their offerings and engage in panel sessions.

The event aimed to foster a strong pipeline of Nigerian businesses exporting to the US market. In recognition of Fidelity Bank’s tireless efforts in promoting bilateral trade and economic development between Nigeria and the USA through the FITCC initiative, the Mayor of the City of Houston, Sylvester Turner, declared October 25, 2023, as FITCC Day in Houston, Texas.

Ranked among Nigeria’s top banks, Fidelity Bank serves over eight million customers through its 251 business offices in Nigeria and the United Kingdom, as well as its digital banking channels.

This latest accolade adds to a long list of both local and international awards, including “Best Payment Solution Provider Nigeria 2023” and “Best SME Bank Nigeria 2022” by the Global Banking and Finance Awards, “Best Bank for SMEs in Nigeria” by the Euromoney Awards for Excellence 2023, and “Best Domestic Private Bank in Nigeria” as per the Euromoney Global Private Banking Awards 2023.

emmmmmm
+ posts

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

IMG WA
Previous Story

Africa Football League: Finidi Rues Lack Of Support

NCC Pledges Support To Meta's 2Africa Cable Landing Initiative
Next Story

Solaris, Knownow, Specxs Emerge NCC’s Talent Hunt Winners

Featured Stories

Why CBN Retained Bencmark Interest Rate At 27.5%

CBN: Curbing Bank Frauds

By Arize Nwobu The Central Bank of Nigeria ( CBN) is in the forefront and in collaboration with other regulatory institutions to

Latest from Business

Naira vs Dollar: What To Expect This Week (31st March – 5th April 2025)

Dollar, Pound, Euro Rates Drop In Official Market

At the end of trading on Tuesday, January 27, the foreign exchange (FX) rate for the dollar decreased to N1,409.5 kobo per $1 in the Nigerian foreign exchange market (NFEM). According to the NFEM data provided by the Central Bank of Nigeria
The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

NGX Market Cap Grows By N125.64bn

Over N125.64 billion was gained in the Nigerian Exchange (NGX), also known as the stock market, on Tuesday, January 27, as the market capitalisation closed at N106.08 trillion. The market valuation of the NGX had closed trading at N105.96 trillion on Monday,
Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors - CPPE

Cement Companies With Highest Valuation In Nigeria In 2025

The valuation of the cement companies on the Nigerian Exchange (NGX), also known as the stock market, increased by 49.67 percent or N6.13 trillion between January and December 2025. According to Prime Business Africa’s analysis, the market valuation of the cement companies

Instagram, Facebook, WhatsApp Users to Pay Under New Plan

Meta says it will begin testing premium subscription services across Instagram, Facebook and WhatsApp, as the company looks to expand paid offerings alongside its free social media platforms. The technology firm said the subscriptions would unlock additional features, including advanced artificial intelligence
IMG WA
Previous Story

Africa Football League: Finidi Rues Lack Of Support

NCC Pledges Support To Meta's 2Africa Cable Landing Initiative
Next Story

Solaris, Knownow, Specxs Emerge NCC’s Talent Hunt Winners

Don't Miss

Pirates Attack Ship In Gulf Of Guinea, Injure Two Crew Members

NIGERIA’S maritime security intervention has once again suffered setback, as
Ms Boingotlo Gasealahwe

BOINGOTLO: 90 Million Nigerians In Extreme Poverty Before COVID-19

Falling oil prices has seen Nigeria spend north of 80%