• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Fidelity Bank Supports School Proprietors With Edu Loan Product

by Bukola Idowu
2 years ago
in Business
fidelity bank
Share on WhatsAppShare on FacebookShare on XTelegram

Fidelity Bank Plc said it is financially supporting administrators of registered private primary, secondary and tertiary institutions in Nigeria to access loans of up to N180 million through its Fidelity Edu Loan.

Advertisement

This, the bank said, is germane as schools prepare adequately for the next session and deliver quality education.

Reacting to this development, Divisional head, Product Development, Fidelity Bank Plc, Osita Ede said: “At Fidelity Bank, we recognize the pivotal role quality education plays in the development of any nation and this informed our introduction of the Fidelity Edu Loan.”

Through the offering, Ede said, privately-run educational institutions can access loans at a friendly rate for working capital needs like minor renovation on their school property, financing the purchase of school supplies like books, teaching materials, furniture or uniforms; and making salary payments.

Similarly, Ede said, schools can leverage the Fidelity Edu Loan to purchase fixed assets like school buses, generators and construct new school buildings.

RELATED

X3M Ideas Forges Alliance With IKIGAI 360, Expands Footprint Across Africa, Europe

X3M Ideas Forges Alliance With IKIGAI 360, Expands Footprint Across Africa, Europe

4 hours ago
Nigeria At 64: ‘Foreign Vessels Coastal Water Domination Collapses Indigenous Shipping’

Freight Rate: Nigeria Loses N7.2trn Annually To Foreign Firms – Report

6 hours ago

To be eligible for the product, Ede stressed that, the requesting customer must have operated their educational institution for at least three years and should be duly registered with the relevant authorities.

 “The Fidelity Edu Loan is part of our larger education finance proposition at Fidelity Bank as we aim to empower everyone within the education ecosystem, including the schools, parents and contractors, with amazing financial and non-financial products and services.

“For instance, we have the Fidelity Personal loan which provides instant loans of up to N5 million to employees of private and public organisations by simply dialling *770*08# from their mobile phones. This can become handy for paying school fees or meeting other personal needs,” explained Ede.

Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over eight million customers serviced across its 250 business offices and digital banking channels.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



SendShareTweetShare
Previous Post

FMDQ Approves Upward Review Of Eunisell CP Programme To N20bn

Next Post

Glo To Sponsor 2023 Onitsha Ofala Festival

Bukola Idowu

Bukola Idowu

You May Like

X3M Ideas Forges Alliance With IKIGAI 360, Expands Footprint Across Africa, Europe
Business

X3M Ideas Forges Alliance With IKIGAI 360, Expands Footprint Across Africa, Europe

2025/07/08
Nigeria At 64: ‘Foreign Vessels Coastal Water Domination Collapses Indigenous Shipping’
Business

Freight Rate: Nigeria Loses N7.2trn Annually To Foreign Firms – Report

2025/07/08
CBN Grants RoutePay Licence To Provide Digital Payment Solutions
Business

CBN Imposes $50 Charge On Non-Resident BVN

2025/07/08
Why We Are Investing In Critical Infrastructure – Mbah
Business

Enugu Air Will Be For Traders, Enugu People – Mbah

2025/07/08
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Equities Market Opens Trading Week With N193bn Gain

2025/07/08
Restore Public Confidence In Judiciary, Panelists Tell Next CJN, Kekere-Ekun
Business

Shettima, CJN, Others Task Judges On Swift, Credible Judgements To Strengthen Capital Market

2025/07/08
Leadership Conference advertisement

LATEST

Federal Gov’t Declares Admission Into Tertiary Institutions Outside CAPS Illegal

EFCC Asks Court To Reject Yahaya Bello’s Motion For Medical Trip

Group Reaffirms Drive To Shape Africa’s Next Generation Of Leaders Through Education

EeZee Conceptz MD Retracts Allegation Against Singer Mercy Chinwo

Flood Alert: Kwara Gov’t Issues Advisory To Farmers

Anambra Student Tops 2025 UTME With 375 Score Amid Identity Concerns

Kwara Gov’t, Stakeholders Brainstorm On Business Enabling Reforms

JAMB Introduces UTME Ranking On Result Slips Of 1.9m Candidates

BREAKING: JAMB, Stakeholders Set Varsity Cut-Off Mark At 150, 100 For Others

Gov Eno Approves N20,000 Allowance For Corps Members Of Akwa Ibom Origin

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.