Fidelity Bank Plc has received the Development Bank of Nigeria (DBN) 2025 innovation award in the deposit money bank category.
The award was presented at the 2025 service ambassadors’ awards ceremony held in Lagos, according to a statement on Tuesday.
The financial institution was said to have been recognised for “its contribution to innovative financial solutions” for micro, small, and medium enterprises (MSME), considered a vital part of Nigeria’s economic growth.
Nneka Onyeali-Ikpe, the chief executive officer (CEO) of Fidelity Bank Plc, said the award reflects the bank’s commitment to empowering Nigerian entrepreneurs.
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“At Fidelity Bank, innovation is at the heart of our strategy to support MSMEs. This recognition underscores our commitment to developing scalable, inclusive, and technology-driven financial solutions that create positive outcomes for our nation’s entrepreneurs,” the CEO said.
“We are honoured to receive the DBN award and dedicate it to our loyal customers for their continued support.”
Tony Okpanachi, the managing director of DBN, said financial institutions play an important role in transforming unbankable ideas into viable businesses through advisory services.
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“You, our partners, are acknowledged and celebrated for your outreach to entrepreneurs and businesses seeking to scale. We appreciate you for your role in converting unbankable ideas into bankable businesses,” Okpanachi said.
The managing director said the award recognises partners making a meaningful impact, with a focus on storytelling and the positive changes they bring across the country.
Meanwhile, Fidelity Bank said it signed a memorandum of understanding with the Small and Medium Enterprises Development Agency of Nigeria in May to support local MSMEs in expanding across Africa.
The bank also said it launched the Fidelity SME Hub in Gbagada, Lagos, a multifunctional facility with training halls, meeting rooms, networking areas, and studios for music, photography and content production.
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The bank said the hub was created to promote innovation, collaboration and capacity building — “key areas needed to strengthen Nigeria’s SME sector and grow the economy”.
