Fidelity Bank To Organize Diaspora Webinar Series… Reveals New Remittances Policy

Fidelity Bank Plc, one of the top Nigerian bank has set to host its Diaspora Webinar Series with the inaugural edition, Brandnewsday reports.

Brand News Day confirms that Fidelity Bank Diaspora Webinar Series will come up on Saturday, March 06, 2021, by 2 pm, which will have in attendance Prof Yemi Osinbajo, Godwin Emefiele, Prof Benedict Oramah, Dabiri-Erewa.

This virtual session seeks to enlighten Nigerian citizens’ resident abroad on recent policy measures by the Central Bank of Nigeria (CBN) and their attendant implications for Diaspora investments.

Succintly themed, “The New CBN FX Policy and Positive Impact To Diaspora Investments in Nigeria”, the session will also aim specifically at providing them with valuable insights, intelligence, and expertise on how to stay on top of their investments back home.

Fidelity Bank To Organize Diaspora Webinar Series… Reveals New Remittances Policy

The event will have in attendance special guests and notable personalities including the Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo who is the Special Guest of Honour and the Chief Host, Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele who will deliver a keynote address at the event.

Other speakers and panellists at the session include Professor, Benedict Okey Oramah, Chairman/President of African Export-Import Bank, Honorable Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM), Professor Ndubuisi Ekekwe, Lead Faculty, Tekedia Institute and Professor Olawale Sulaiman, renowned Neurosurgeon and Chairman of RNZ Global among others.

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Streamed live on YouTube and ZOOM, the Series was borne out of the need to deepen engagement with Nigerian Diaspora Community particularly as developmental partners considering the critical role remittances play in driving sustainable economic growth.

Speaking on the webinar, Fidelity CEO, Mrs. Nneka Onyeali-Ikpe stated that the session was most appropriate and timely, adding that “the session will offer the Nigerian Diaspora greater clarity on all of the recent policies enacted by the government with a view to enabling them to make sound investment decisions”.

According to Mrs. Onyeali-Ikpe, the bank, in the last twelve (12) years, has become a dependable partner for diaspora remittances and investment. Armed with a deep understanding of these customers needs, she went on to explain that the bank has continued to offer bespoke products and services that are unrivalled in the financial services industry.

Worthy of mention is the Diaspora Mortgage and Dollar Denominated Fixed Deposit Investment Account that attracts up to 5 percent annual interest depending on the amount and tenure.

The CBN, as part of efforts to liberalise, simplify and improve the receipt and administration of Diaspora remittances into the country had issued guidelines to ensure that beneficiaries of Diaspora remittances through International Money Transfer Operators (IMTOs) receive such inflows in foreign currency (US dollars) through the designated bank of their choice.

The policy became necessary in view of the urgent need to deepen the Foreign Exchange (FX) market, provide more liquidity and create transparency in the administration of Diaspora remittances into Nigeria.

To register for the webinar, click HERE.

The programme will be streamed LIVE on YouTube and ZOOM. For more information, send emails to DiasporaGroup@fidelitybank.ng