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Sterling, Aké Festival, Transform Lagos into Dazzling Fusion of Culture, Art, Magic

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L-R Mazeedah Olutosin, Submissions Editor at Ouida Books; Maurice Igugu, Chief Marketing Officer at Sterling Bank; Lola Shoneyin, founder, Book Buzz Foundation and Director, Aké Arts and Book Festival; Tobechukwu Anyachebelu, Administrative manager at Book Buzz Foundation; Anjola Ayodeji, Bookstore officer at Ouida Books during the opening of Ake Arts & Books Festival held in Lagos on Thursday.

LAGOS, NIGERIA – November 22, 2024 –

The Aké Arts and Books Festival has kicked off with a bang, bringing together literature lovers, artists, and creatives from across Africa and beyond. At the heart of this vibrant celebration is Sterling Bank, which has served as a dedicated headline sponsor for eight consecutive years, playing a key role in elevating Africa’s creativity and culture to global prominence.Opening the festival, Lola Shoneyin, the dynamic and visionary director of Aké, captivated the audience with her reflections on the theme, “Finding Freedom.” Shoneyin addressed pressing global issues with a sense of urgency and candor.“I’ve seen too many structures fail us—systems that were supposed to keep us curious and informed have crumbled, leaving people dehumanized and hopeless,” Shoneyin said. “But here, at Aké Festival, we don’t shy away from those hard truths. We embrace them, knowing our stories hold the power to heal, to inspire, and yes, to set us free.”Her words resonated deeply with the crowd. “Freedom may feel harder to grasp these days, but through creativity—through art, literature, and music—we can spark hope and reimagine what’s possible,” she added, drawing a wave of applause that set the tone for an event brimming with promise and inspiration.The festival buzzes with activity, offering a diverse lineup that includes book chats, panel discussions, poetry, music, and film screenings. Each event is thoughtfully designed to provoke reflection and foster connection, creating a space where attendees can celebrate the richness of Africa’s storytelling.In a recent press briefing, Sterling Bank’s Chief Marketing Officer, Maurice Igugu, spoke about why the bank remains deeply involved with Aké. “Platforms like Aké are essential for fostering creativity and preserving culture,” Igugu explained. “It’s more than just an event—it’s a celebration of who we are and what makes us unique. It showcases the richness of African heritage and amplifies our voices on a global stage.”He also emphasized Sterling’s role in supporting the arts. “When we invest in initiatives like Aké, we’re not just funding a festival; we’re supporting a movement that nurtures creativity and encourages intellectual and cultural growth,” Igugu said.Sterling’s contributions have ensured that Aké remains a space where ideas thrive, and stories travel far beyond Africa’s borders. While Shoneyin’s leadership has shaped the festival’s soul, Sterling’s support has provided the foundation for it to flourish.As the festival unfolds, its vibrant energy is a testament to the power of collaboration between visionaries like Shoneyin and supporters like Sterling Bank. Together, they are showcasing Africa’s creativity and paving the way for its future.

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Banking and Finance

Fidelity Bank Improves Access to Quality Education in Anambra

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L-R: Chairman, Anambra State Universal Basic Education Board (ASUBEB), Dr Vera Nwadinobi; Anambra State Commissioner for Education, Prof Ngozi Chuma-Udeh; and Regional Bank Head, Fidelity Bank Plc, Awka, Dr. Nosa Orumwense; at the handover ceremony of the administrative block renovated by Fidelity Bank Plc to Community Secondary School, Enugwuabo Ufuma, Orumba North Local Government Area, Anambra State recently.

Leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to advancing quality education and youth empowerment with the renovation of an administrative building to Community Secondary School, Enugwuabo Ufuma, in Orumba North Local Government Area of Anambra State.

The one-storey administrative block was comprehensively renovated as part of Fidelity Bank’s interventions to address infrastructural challenges faced by the school. The renovated facility was then formally handed over to the school community at a ceremony attended by government officials, community leaders, and other stakeholders.

Speaking at the official handover ceremony, the Regional Bank Head, Fidelity Bank Plc Awka, Dr. Nosa Orumwense, said the project underscores the bank’s long-standing commitment to investing in education as a catalyst for sustainable development.

“For us at Fidelity Bank, this project represents more than a building. It represents opportunity, progress, and a shared commitment to building a better future for our youths here in Enugwuabo Ufuma and beyond.

By improving the educational infrastructure of this community, we are providing students and teachers with an environment that promotes learning, discipline, and pride”, Orumwense added.

Also speaking at the event, the Commissioner for Education, Professor Ngozi Chuma-Udeh, who represented the Governor of Anambra State, Professor Chukwuma Soludo, described the project as a true demonstration of corporate social responsibility.

“Corporate social responsibility is what gives an organisation its human nature. What Fidelity Bank has done reflects compassion and a genuine commitment to touching lives”, Prof. Chuma-Udeh said.

This school was earlier placed on an emergency list due to the deplorable condition of its buildings. During my last visit, I was genuinely concerned about the safety of both students and teachers. Today, the school wears a new look, thanks to Fidelity Bank’s support”.

The Commissioner also expressed the state government’s appreciation to Fidelity Bank, saying, “We thank Fidelity Bank for this intervention, which clearly demonstrates the true meaning of corporate social responsibility – making tangible impacts that improve lives and strengthen communities”.

The project forms part of Fidelity Bank’s broader CSR strategy focused on empowering communities, strengthening educational institutions, and creating long-term socio-economic value across Nigeria.

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

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Banking and Finance

Polaris Bank Strengthens MSMEs Export Ecosystem at NAHCO/NACCIMA Export Group Programme

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Polaris Bank has reaffirmed its strategic commitment to strengthening Nigeria’s non-oil export ecosystem and empowering micro, small and medium-sized enterprises (MSMEs) at the NAHCO and NACCIMA Export Group Programme themed *Breaking Barriers: Helping SMEs Navigate Export Procedures for Agro Products and Other Commodities.”

The one-day engagement brought together regulators, industry stakeholders, exporters and trade bodies to advance practical solutions for easing trade barriers, improving access to finance and building a more resilient and diversified Nigerian economy.

The programme also marked the formal introduction and launch of the NACCIMA Export Group and the NAHCO Export Support Centre for MSMEs in Nigeria, creating a structured platform for exporters to access trade facilitation services, logistics support, regulatory guidance and financial solutions across the export value chain.

Speaking at the programme, Polaris Bank’s Executive Director, Chris Ofikulu, underscored the national importance of export diversification and the central role of SMEs in building a resilient economy. He noted that reducing Nigeria’s dependence on oil revenues requires coordinated action across the public and private sectors to strengthen non-oil exports, particularly within agro-exports and commodity trade.

“Expanding non-oil exports is not optional; it is a strategic imperative for building a resilient, inclusive and competitive Nigerian economy. SMEs, particularly in agro-exports and commodity trade, hold the key to unlocking our true comparative advantage. Polaris Bank remains committed to providing the finance, advisory support and partnerships required to help them scale confidently and compete globally,” Ofikulu said.

The engagement also focused on addressing structural challenges confronting exporters, including infrastructure gaps, port inefficiencies, logistics constraints, standards and certification requirements, and policy consistency.

Participants emphasized the need for stronger public-private collaboration among government agencies, trade bodies, financial institutions and logistics partners to simplify export procedures and improve market access for Nigerian SMEs.

Also addressing stakeholders, Olaleye Arinola, Team Lead, Trade Services, Polaris Bank, highlighted the importance of removing trade and payment bottlenecks that limit exporter competitiveness and cash flow. He emphasized the Bank’s focus on building confidence and certainty into the export process through practical financial and advisory support.

“Exports cannot grow if finance and payments remain obstacles. At Polaris Bank, our focus is on removing friction from international trade by ensuring SMEs get paid faster, safer and with greater certainty through efficient trade finance, secure cross-border payments and hands-on guidance across documentation, FX and compliance,” Arinola said.

As part of its partnership with the business and trade community, Polaris Bank unveiled a Dedicated Help Desk for NACCIMA members, designed to provide direct access to trade finance and payment support, fast-track resolution of export-related enquiries, and personalized advisory services on FX documentation and regulatory compliance.

Polaris Bank reaffirmed its commitment to working closely with NAHCO, NACCIMA and other stakeholders to strengthen exporter capacity, promote value addition across agro-exports and commodities, and unlock sustainable growth opportunities for Nigerian businesses in regional and global markets.

As Nigeria advances its economic diversification agenda, Polaris Bank remains positioned as a trusted partner for SME exporters, providing the finance, knowledge and institutional support required to compete globally and contribute meaningfully to national development and long-term economic resilience.

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Banking and Finance

Fidelity Bank Elevates Learning & Hygiene Standards for Makoko Schoolchildren

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Photo caption : L-R: Regional Bank Head, Mainland 1, Fidelity Bank Plc, Mr Chukwudi Egbuna; Minister in Charge, Methodist Church, Makoko, Very Revd. Ayodele Aromavo; and Divisional Head, Remedial and Operational Risks Management, Fidelity Bank Plc, Dr. Damian Orizu at the Fidelity Helping Hands Programme (FHHP) Risk Management Directorate-led Back-to-School outreach to pupils in Makoko, Lagos recently.

Leading financial institution, Fidelity Bank Plc has reinforced its commitment to community development and youth empowerment with the donation of educational and hygiene materials to pupils of Wesley Nursery and Primary School in the Makoko Waterfront Community, Lagos, under its Fidelity Helping Hands Programme (FHHP).The FHHP outreach was led by the Bank’s Risk Management Directorate as part of a “Back to School” intervention aimed at improving learning conditions and promoting personal hygiene among children in one of Nigeria’s most underserved waterfront communities. Through the FHHP, staff receive matching financial support from the bank’s management to execute projects identified in response to their communities’ crucial needs.A total of 124 primary school pupils benefitted from the initiative. Items donated included school bags, exercise books, writing materials, towels, soap, toothpaste and toothbrushes, designed to support both academic learning and healthy living.Speaking at the outreach, Divisional Head, Remedial Assets, Fidelity Bank Plc, Dr. Damian Orizu, who represented the Executive Director and Chief Risk Officer, Fidelity Bank, Mr. Kevin Ugwuoke, said the initiative underscores the bank’s belief that its long-term success is closely linked to the wellbeing of the communities in which it operates.“At Fidelity Bank, we strongly believe that our growth and success are closely tied to the wellbeing of the communities where we operate,” Dr. Orizu said. “This outreach is our way of investing in the future of Makoko’s children by supporting their education and promoting good hygiene, which are critical foundations for long-term development.”Orizu further added, “The FHHP reflects the passion and commitment of our employees to make a tangible difference. I commend the Risk Management Directorate for championing this intervention and demonstrating that corporate responsibility starts from within.”The Baale, Adogbo (1) Community, Makoko, Chief Victor Panke, thanked Fidelity Bank for its consistent support, noting the severe financial and transportation challenges faced by children in the area. “This support will go a long way in easing the burden on our children and their families,” Chief Panke said. “Many pupils struggle daily with transportation across the lagoon just to attend school. We are grateful to Fidelity Bank and appeal for continued assistance, especially in the area of boats to help our children access education more safely and easily.”The Makoko outreach is the Bank’s third intervention in the community within the last two months. Through the Fidelity Helping Hands Programme, Fidelity Bank continues to demonstrate its commitment to education, hygiene and sustainable community development, with a special focus on vulnerable communities such as Makoko.Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

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