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‘Heightening Efforts For Conducive Trade Environment By Financial Institutions Guarantees FDI Inflow’ – Onyeali-Ikpe

The Oasis Reporters

December 16, 2021


Nneka-Onyeali-Ikpe, MD/CEO, Fidelity Bank PLC.

For an uninterrupted and continuous inflow of foreign direct investments into Nigeria, the country’s business climate must be conducive and the nation’s financial institutions would need to contribute their quota as an important addition.

This was the charge Fidelity bank PLC’s Chief Executive and Group Managing Director, Mrs. Nneka Onyeali-Ikpe gave
at the grand opening of Burger King in Nigeria recently.

She added that “it is not enough to only attract FDIs into the Nigerian market, it is also expedient that purpose-driven financial institutions like ours continuously make efforts to support and heighten the prosperity of their businesses, thereby facilitating a conducive trade environment healthy enough to initiate life-long operation strategy in Nigeria. This we believe will greatly impact Nigeria’s economy”.

Officially welcoming the global food brand into Nigeria at its Ajose Adeogun outlet recently, Fidelity Bank reiterated its support for both large-scale businesses and SMEs operating across the country.

“Year on year, we have continuously shown our commitment towards businesses and nation-building through strategic partnerships. Today, we are excited to be proud partners of Burger King in Nigeria and even more enthused at the impact our association with this great brand will have on Nigeria’s economy” Nneka said.

Over the years, the Federal Government of Nigeria has continued to put policies like Ease of Doing Business in place to attract FDIs. The policy has been beneficial to SMEs largely and this has positively impacted the economy. The leading Tier-2 bank is undoubtedly one of the financial institutions with an unwavering commitment to help the government achieve its goal towards developing Nigerians and society at large.

Mrs Nneka Onyeali-Ikpe became the first of the feminine gender to head Fidelity Bank by assuming office on January 1, 2021 and in the course of the year, her leadership has posted unprecedented results, growing profit by 31.4% to N28.1billion in Q3 2021 Results.

Also speaking at the event, Robert Lu, General Manager for Burger King Corporation, UK, Middle East and Africa (EMEA) said, “After a long period of planning, we are glad to finally
commence operations in Nigeria. We look forward to satisfying the cravings of our Nigerian customers with our mouthwatering products.

We are extremely thankful to all our partners and government who have been involved in the process and making this day a reality”.

Concluding the event, Femi Gbajabiamila, Speaker of the House of Representatives of Nigeria expressed his delight at how the grand opening of Burger King is a strong testament to the fast-growing Nigerian economy.

He said, “Today is a dream come true for us and a testament to a continuously growing economy. We welcome you wholeheartedly and pledge to continuously ensure a fair and conducive economic environment for businesses to thrive”.

“With our population and conducive economic environment, we are sure that within a short period, this outlet will be the most lucrative of all Burger King’s outlet across the world”.


Greg Abolo

Blogger at The Oasis Reporters.

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