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Union Bank honored as best in workplace practice at prestigious SERAS Awards

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LAGOS, Nigeria – Union Bank of Nigeria has secured another prestigious accolade, being named Best Company in Workplace Practice at the Sustainability, Enterprise and Responsibility Awards. The ceremony took place on Saturday 29 November 2025 at the Grand Ballroom, Oriental Hotel, Victoria Island, Lagos.

This significant achievement follows a comprehensive assessment by SERAS multinational independent judges who rigorously evaluated applicants’ Corporate Social Responsibility and sustainability initiatives.
Union Bank received nominations across four categories: SERAS Education Intervention of the Year, Best Company in Workplace Practice, Best in Gender Equity and Women Empowerment, and Best Company in Reporting and Transparency. The Bank also achieved first runner up positions in both the Gender Equity and Women Empowerment and Educational Intervention categories, highlighting the strength of its commitment to these critical areas.

The Bank’s award-winning workplace practices reflect its holistic people-first philosophy that transcends conventional human resources functions. Union Bank has created an inclusive, rewarding and high performing work environment that establishes new benchmarks for Nigeria’s financial sector.

Key initiatives that distinguished Union Bank include the introduction of five months fully paid maternity leave exceeding statutory requirements, and the establishment of an onsite crèche at its head office to support work life balance and improve female retention. The Bank also recorded its highest promotion rate in ten years with 24 per cent of employees advancing across departments, demonstrating a robust meritocratic culture. A significant 40 per cent salary increase further enhanced employee financial wellbeing, reduced economic pressures and boosted productivity.

Judges recognised Union Bank’s initiatives for generating substantial social value, particularly in advancing gender equality through comprehensive maternity benefits aligned with Sustainable Development Goal 5. Enhanced wellness programmes featuring mental health support and flexible working arrangements fostered a more inclusive workplace, improving overall staff wellbeing. The Bank’s prioritisation of employee and family needs created positive ripple effects throughout the broader community.

Commenting on the award, Olufunmilola Aluko, Chief Brand and Marketing Officer at Union Bank, stated:
“Our workplace initiatives are firmly anchored in our triple pillar model of Citizenship, Sustainability and Innovation, which underpins our commitment to responsible financial, environmental and socio-economic development. This framework empowers us to champion best practices across the sector. The measurable outcomes, including enhanced employee satisfaction, increased productivity and significant progress in gender inclusion, demonstrate the strength and adaptability of our approach. We are confident these efforts will continue driving positive social transformation across Nigeria. Union Bank is deeply honoured by this recognition from SERAS and all sustainability stakeholders, and we remain dedicated to advancing these vital initiatives.”

Now in its nineteenth year, SERAS has consistently established the benchmark for corporate social responsibility and sustainability excellence. This year’s edition, themed “Sustainability 2.0: Innovating for Impact and Inclusive Growth”, celebrated corporate entities and leaders who pushed creative, technological and strategic boundaries to deliver measurable community and industry impact.
Union Bank’s workplace initiatives provide a robust model worthy of replication both within and beyond the financial sector, setting a new standard for responsible corporate citizenship in Nigeria.

About Union Bank of Nigeria Plc

Established in 1917, Union Bank is a leading provider of financial services in Nigeria, renowned for its “Simpler, Smarter Banking” philosophy. With a nationwide network and a strong focus on digital innovation, Union Bank continues to empower individuals, businesses, and the public sector to achieve lasting success.
The Bank is a trusted and recognisable brand with an extensive network of over 300 branches across Nigeria. The Bank offers a range of banking services to individual and corporate clients, including current, savings, and deposit account services, funds transfer, foreign currency domiciliation, loans, overdrafts, equipment leasing, and trade finance. The Bank also offers customers convenient electronic banking channels and products, including Online Banking, Mobile Banking, Debit Cards, ATMs, and POS Systems.

More information can be found at: www.unionbankng.com

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Fidelity Bank to Proffer Solutions to Public Sector Revenue Challenges at highlevel Stakeholders’ Webinar

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Leading financial institution Fidelity Bank Plc is set to host a high-level virtual webinar focused on helping public institutions to strengthen revenue systems, improve fiscal transparency, and build smarter digital structures for collections, oversight, and accountability.

Scheduled for Tuesday, March 24, 2026, the session, themed Digital Fiscal Transparency: Unlocking Sub-national Opportunities for International Partners, will bring together a cross-section of public sector leaders, development institutions, heads of parastatals and agencies, as well as financial experts to explore practical solutions for stronger public finance management.

“As public institutions seek ways to improve internally generated revenue and strengthen public trust, there has been a renewed focus on fiscal transparency. This is particularly important in the face of recent macro and micro economic developments with many public sector agencies under pressure to do more with limited resources.

“It is against this background that we have conceptualised this session with a particular focus on how digital platforms can support structured invoicing, seamless collections, payment automation, contractor disbursement transparency, real-time revenue oversight amongst other pertinent areas of revenue mobilization and administration in Nigeria”, commented Richard Madiebo, Divisional Head, Public Sector, Fidelity Bank Plc.

The event is expected to offer timely insights into how modern revenue infrastructure can help institutions improve efficiency, drive accountability, and support better fiscal outcomes.

The webinar will address key issues facing many public institutions today, including revenue leakages, fragmented collection channels, weak visibility into revenue performance, poor reconciliation processes, and the growing need for more transparent and technology-driven systems.

According to Madiebo, “The webinar forms part of our commitment to provide practical solutions that support public sector transformation and stronger sub-national development. This is in line with Fidelity Bank’s mandate to help individuals to grow, businesses to thrive and economies to prosper.”

Interested participants may register at www.fidelitybank.ng/publicsectorwebinar

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Fidelity Bank Powers Women’s Growth with “Give Her Power” Skills and Support Series

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In commemoration of International Women’s Day 2026, Fidelity Bank Plc has announced a series of masterclasses and support initiatives designed to help women build practical, income generating skills, strengthen professional visibility, and accelerate career growth throughout March 2026.

The activities are being delivered under the bank’s women focused proposition, HerFidelity, and align with the “Give to Gain” theme guiding this year’s programme of engagements.

On March 18, 2026, HerFidelity hosted a “Give to Gain” masterclass focused on communication and presentation. The session offered practical guidance on audience engagement, event moderation, confidence-building, and personal branding, with a strong focus on women looking to improve their public speaking and professional presence.

A second event, the Gele Masterclass scheduled for March 30, 2026, will provide hands-on training in gele tying. HerFidelity is positioning the session as a celebration of cultural expression and a marketable skill women can turn into a source of income.

In addition to the masterclasses, the bank will provide professional headshot sessions to help participants update their personal and professional profiles.

“At Fidelity Bank, we believe that empowering women economically creates an impact that extends beyond the individual. It strengthens families, grows businesses, and uplifts communities. That is why we have designed an elaborate plan to upskill women throughout this month. We want women to leave these sessions with practical tools they can apply immediately, whether that is speaking confidently in public, building a stronger personal brand, or learning a skill that can generate income,” said Ugochi Osinigwe, Divisional Head, Small and Medium-scale Enterprises Banking, Fidelity Bank Plc.

Earlier this month, the bank reaffirmed its commitment to women’s economic empowerment with the signing of strategic MoUs with partner organisations at the launch of its “Give Her Power” initiative on March 5, 2026. The collaborations, anchored on the bank’s HerFidelity Apprenticeship Programme, are designed to expand access to vocational training, business support, and sustainable enterprise opportunities for women across multiple sectors.

As part of the initiative, Fidelity Bank is distributing 1,000 sewing and grinding machines to empower women-led microbusinesses across Nigeria.

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

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Onyeali-Ikpe, Dabiri Erewa, Rewane advocate for increased Diaspora Participation in Nigeria’s Economy

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Tier-one lender Fidelity Bank Plc, has reaffirmed its leadership in the diaspora banking sector with the successful hosting of the Fidelity Diaspora Summit 2026, a global virtual engagement designed to help Nigerians living abroad navigate evolving policies and identify credible opportunities for wealth creation in Nigeria.

The summit held virtually on Saturday, 14 March 2026, and convened Nigerians across key diaspora markets including the United Kingdom, the United States, Canada, and the United Arab Emirates.

“Our theme today is, “Navigating the New Tax Policy and Unlocking Investment Opportunities in Nigeria”. This subject is timely, practical, and matters to every Nigerian in the diaspora who earns, saves, owns assets or invests back home.

“It is no news that Nigerians living abroad are our strongest ambassadors. You do much more than remit funds, you carry our reputation, our enterprise, and our potential into boardrooms, hospitals, laboratories, studios, and technology hubs around the world. Many people describe the diaspora as Nigeria’s thirty-seventh state, and the description fits because of your scale and your impact”, remarked the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe,OON, during her welcome address at the webinar.

The summit, which followed a maiden edition held in 2021, featured topical presentations delivered by thought leaders across local and international markets. Delivering the keynote address, the Chairman of the Nigerians in Diaspora Commission, Mrs. Abike Dabiri Erewa, said the role of the diaspora in national development cannot be overemphasised. She noted that diaspora Nigerians contribute across multiple spheres through skills development, investments, intellectual property, and global exposure; and she commended Fidelity Bank for convening the platform.

In another session, the Group Managing Director, Financial Derivatives Limited, Mr. Bismarck Rewane, shared insights on Nigeria’s macroeconomic outlook in a presentation titled, “2026 Economic Outlook and Economic Opportunities in Nigeria”. Partner and Leader, Tax and Regulatory Service, PwC, Mr Chijioke Uwaegbute, also provided clarity on the new tax act and its specific implications for Nigerians living abroad.

The second half of the webinar focused on investing in Nigeria and positioning for sustainable returns. Chairman, Tekedia Capital, Prof Ndubuisi Ekekwe, reinforced the need for informed participation supported by credible partners and compliant pathways, as a foundation for diaspora investors seeking durable value across asset classes and sectors in Nigeria. Tech entrepreneur and venture capitalist, Mr Ike Eze, in a presentation titled, “The Nigeria Tech Playbook, Funding Trends and Exit Strategy”, also offered a market grounded view of the technology investment landscape, and shared frameworks for approaching opportunity in Africa and Nigeria.

The two-hour session concluded with a panel discussion moderated by the event compere and Arise TV business news anchor, Mr. Rotus Oddiri.

In his closing remarks, the Executive Director and Chief Operations and Information Officer, Fidelity Bank Plc, Mr Stanley Amuchie, thanked participants and panelists for an engaging summit, and restated the bank’s commitment to banking without borders. He encouraged diaspora customers to explore Fidelity Bank diaspora solutions built for their realities, including diaspora accounts that support seamless cross border banking through multi-currency options, secure authentication, dedicated support, and tools for payments and savings.

“As we round off, I encourage you to turn today’s insights into action. Ask the hard questions, seek clarity, do your due diligence, and choose partners that understand both your global context and the local terrain. Fidelity Bank is ready to be that partner”, urged Amuchie.

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

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