FidBank UK Limited, the international subsidiary of Fidelity Bank Plc, has unveiled plans to support Nigerians, including individuals and corporate entities, seeking to invest in the United Kingdom, particularly in the real estate sector.
The bank announced that it would provide tailored financial solutions for high-net-worth individuals through its FidBank Buy-to-Let product, designed to facilitate investment in the UK property market.
The announcement was made during an exclusive product showcase hosted by the British Deputy High Commissioner in Lagos, Jonny Baxter, at his residence on Tuesday.
The event attracted business leaders, corporate executives and other stakeholders from Nigeria’s financial and investment community.
Speaking at the event, the Managing Director and Chief Executive Officer of FidBank UK, Johnson Enemadu, said the initiative was aimed at providing customers with access to new investment opportunities while supporting business growth through innovative financial solutions.
According to him, the bank is committed to assisting businesses and high-net-worth individuals by providing capital and financial services that enable them to expand their interests across international markets.
Enemadu noted that the initiative comes at a time of growing economic cooperation between Nigeria and the United Kingdom, following recent high-level engagements between both countries.
“This renewed engagement between both countries continues to unlock new pathways for trade, investment and financial collaboration, and FidBank UK is pleased to play a leading role in driving this,” he said.
In his remarks, the British Deputy High Commissioner, Jonny Baxter, reaffirmed the UK’s commitment to strengthening economic ties with Nigeria through increased investment, trade and sustainable economic growth.
He said London’s status as a leading global financial centre, supported by strong financial infrastructure, continues to facilitate trade and cross-border transactions between the two countries.
Baxter welcomed the bank’s efforts to expand investment opportunities and enhance financial services that support growing commercial relations between Nigeria and the UK.
“It is encouraging to see institutions such as FidBank UK advancing financial service offerings that not only expand investment opportunities in the UK, but also strengthen the financial systems supporting growing commercial ties,” he said.
Also speaking, Lagos State Governor Babajide Sanwo-Olu, represented by the Commissioner for Finance, Abayomi Oluyomi, described the initiative as consistent with the state government’s T.H.E.M.E.S. development agenda.
Oluyomi said the bank’s offering provides a robust private banking platform built on regulatory compliance and institutional trust, catering to individuals and businesses operating across the Nigeria-UK investment corridor.
The event also featured exhibitions by renowned Nigerian visual artists Femi Morakinyo and Oswald Chukwunyeremugo, who showcased selected works to guests.
FidBank UK, which has operated from the City of London since 1983, offers a range of services including trade finance, personal and business banking, treasury services, commercial lending and private banking.
The institution is authorised by the UK Prudential Regulation Authority and regulated by both the Prudential Regulation Authority and the Financial Conduct Authority. It is also a member of the Financial Services Compensation Scheme.
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