FidBank Ltd Broadens Investment Pathways For Nigerians Into UK Market

FIDBANK UK Limited
Leading financial institution, Fidelity Bank Plc’s international subsidiary, FidBank UK Limited, has announced a commitment to support Nigerians – both individuals and corporations – in acquiring properties in the United Kingdom.

Fidbank UK is to deliver tailored financial solutions for individuals seeking to invest in the UK real estate market through its Buy-to-Let product.

Fidbank UK which provides a comprehensive suite of financial services, including trade finance, personal and business banking, treasury services, commercial lending, and private banking, is set to deliver tailored financial solutions for high-net-worth individuals (HNIs) seeking to invest in the UK real estate market through its FidBank Buy-to-Let product.

This announcement was made at an exclusive product showcase hosted by the British Deputy High Commissioner, Mr. Jonny Baxter at his Residence in Lagos on Tuesday, 26 May 2026. The event was attended by a select audience comprising captains of industry and corporate leaders.

Highlighting the significance of the event, the Managing Director/Chief Executive Officer of FidBank UK Ltd, Mr. Johnson Enemadu, said: “This event is about showcasing to the market and our customers that there is something exciting in the market and we are able to take them along in this journey, supporting their businesses by bringing capital both in the financial institutions and corporate space and also for our high networth inidividuals. It is a total experience.

“Today’s event is also taking place against the backdrop of strengthened bilateral relations between Nigeria and the United Kingdom, highlighted by the recent state visit of the President of the Federal Republic of Nigeria to the UK. 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.”

In his welcome remarks, the British Deputy High Commissioner in Lagos, Mr. Jonny Baxter said: “The United Kingdom remains firmly committed to deepening its economic partnership with Nigeria, with a clear focus on driving inclusive, sustainable investment, trade and economic growth. London’s position as a leading global financial centre is central to this, supported by robust financial infrastructure that enables efficient trade flows and seamless cross-border transactions between our markets.

“It is, therefore, 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. We welcome and support efforts that continue to enhance liquidity, facilitate trade, and drive sustainable UK-Nigeria economic connections.”

The well-attended event also featured art exhibitions by two of Nigeria’s leading visual art talents -Femi Morakinyo and Oswald Chukwunyeremugo – who displayed their latest works to the admiration of the guests.

FidBank

Also speaking at the event, the Governor of Lagos State, Mr. Babajide Sanwo-Olu, represented by the Honourable Commissioner for Finance, Mr. Abayomi Oluyomi, lauded the initiative as it aligned with the administration’s T.H.E.M.E.S. Agenda, saying: “FidBank UK offers a private banking relationship grounded in regulatory rigour and institutional trust. This is not a catalogue of products, it is a comprehensive financial architecture built for people who live, work and invest across the Nigerian-UK corridor.”

Operating from the heart of the City of London since 1983, FidBank UK provides a comprehensive range of banking services to customers doing business from and into Nigeria and other West African countries, including trade finance, personal banking, business banking, treasury services, commercial lending and private banking.

The bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority and subscribe to the Financial Services Compensation Scheme. Eereporter.com

Naval Chief Idi Abbas Inaugurates 80 Housing Units, Golf Club In Lagos

The Chief of Naval Staff (CNS), Vice Adm. Idi Abbas, has inaugurated 80 housing units and a recreational facility in Lagos.

The Navy said in a statement on Saturday that the projects were inaugurated at Navy Town, Ojo, as part of activities marking its 70th anniversary.

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The projects include a 48-unit accommodation block for junior ratings and 32 family housing units in 16 blocks.

Also inaugurated was the Dolphin Golf Club House.

Mr Abbas said the projects reflect a renewed focus on personnel welfare and infrastructure.

He said the Navy would no longer allow viable projects to remain abandoned.

The CNS said the 48-unit block had been abandoned for over five years before completion.

He described it as a symbol of commitment to recovering dormant investments.

Mr Abbas said more abandoned projects across commands were under review for completion.

He said the projects highlight the Navy’s growth into a modern force with improved welfare structures.

The CNS said the golf facility would enhance social and recreational well-being.

He urged personnel to ensure the prudent use of electricity and public assets.

Nigerian Navy

Mr Abbas commended President Bola Tinubu for supporting Navy development.

He also commended the contractors and engineers for delivering the projects.

He said improved welfare would boost morale and operational readiness.
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NPF Calls For Calm Over Reported Xenophobic Attacks In South Africa

The Nigeria Police Force addresses the public regarding reports of xenophobic attacks on Nigerians in South Africa and concerns about possible reprisal attacks on South African nationals, businesses, and interests in Nigeria.

After the Joint Intelligence Board Meeting on 18 May 2026, chaired by the National Security Adviser, security and intelligence agencies conducted a comprehensive review to assess security implications and determine necessary response measures.

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The Nigeria Police Force assures Nigerians that there is no cause for alarm. The Federal Government is actively engaging relevant authorities and stakeholders through diplomatic, intelligence, and security channels to resolve the situation peacefully and protect the interests of Nigerians at home and abroad.

While concerns about attacks on Nigerians in South Africa are understandable, the public is strongly advised not to take the law into their own hands. Reprisal attacks, violence, intimidation, destruction of property, hate speech, or any conduct that threatens public peace and national security is unlawful and will not be tolerated.

Nigeria remains a nation governed by the rule of law. All persons lawfully residing within the country, irrespective of nationality, are entitled to protection under the law. Consequently, any attempt to target South African nationals, diplomatic facilities, businesses, or other lawful interests within Nigeria will be treated as a criminal act and dealt with in accordance with extant laws.

Police

The Force urges the public to refrain from spreading unverified, inflammatory, or inciting information, especially on social media. Sharing false or provocative content can escalate tensions, undermine public order, and hinder diplomatic efforts to resolve the situation.

The Nigeria Police Force, in collaboration with other security and intelligence agencies, has implemented security measures and increased surveillance around critical national assets, foreign missions, and other key locations.

Adequate deployments have been made to prevent any breakdown of law and order.
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