…. Osinbajo, Emefiele, Oramah, Dabiri-Erewa To Attend
Fidelity Bank Plc, top Nigerian bank has concluded plans to host its Diaspora Webinar Series with the inaugural edition slated for Saturday, March 06, 2021 by 2pm. This virtual session seeks to enlighten Nigerian citizens’ resident abroad on recent policy measures by the Central Bank of Nigeria (CBN) and its attendant implications for Diaspora investments.
Rightly themed, “The New CBN FX Policy and Positive Impact To Diaspora Investments in Nigeria”, the session will also aim specifically at providing Nigerians in Diaspora with valuable insights, intelligence, and expertise on how to stay on top of their investments back home.
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 panelists at the session include Chairman/President of African Export-Import Bank, Professor, Benedict Okey Oramah; Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM), Honorable Abike Dabiri-Erewa; Lead Faculty, Tekedia Institute, Professor Ndubuisi Ekekwe, and renowned Neurosurgeon and Chairman of RNZ Global, Professor Olawale Sulaiman, among others.
To be 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 government with a view to enabling them make sound investment decisions”.
According to Mrs. Onyeali-Ikpe, the bank, in the last 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.
The bank stressed on the ease facilitated by its Diaspora Mortgage and Dollar Denominated Fixed Deposit Investment Account that attracts up to 5% 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.
The bank urged participants to register for the webinar on https://www.fidelitybank.ng/diaspora-webinar/
