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Osinbajo, Emefiele to speak at Fidelity Bank Diaspora Webinar Series

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Fidelity Bank webinar

 

Vice President Prof Yemi Osinbajo and Governor of Central Bank of Nigeria (CBN), Godwin Emefiele will lead other distinguished Nigerians as Fidelity Bank Plc holds its inaugural Diaspora Webinar Series on Saturday, March 06, 2021.

The virtual session which begins by 2pm (local time), according to statement by Fidelity’s Head of Corporate Communication, Ejike Ndiulo, seeks to enlighten Nigerians resident abroad on recent policy measures by the CBN and its attendant implications for diaspora investments.

With the theme, “The New CBN FX Policy and Positive Impact to Diaspora Investments in Nigeria”, the session will also aim at providing them with valuable insights, intelligence, and expertise on how to stay on top of their investments back home.

Prof Osinbajo will speak as the Special Guest of Honour while Emefiele, who is the Chief Host, will also deliver a keynote address.

Other speakers and panellists will include Prof Benedict Okey Oramah, Chairman/President of African Export-Import Bank; Mrs. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM); Prof Ndubuisi Ekekwe, Lead Faculty, Tekedia Institute and Prof Olawale Sulaiman, renowned neurosurgeon and Chairman of RNZ Global among others.

The webinar series, the bank’s spokesman said, 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.

READ: CBN announces new policy on Diaspora remittances

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”.

Onyeali-Ikpe said Fidelity, in the last 12 years, had become a dependable partner for diaspora remittances and investment. She explained that the bank had continued to offer bespoke products and services that are unrivalled in the financial services industry.

“Worthy of mention is the Diaspora Mortgage and Dollar Denominated Fixed Deposit Investment Account that attracts up to five percent annual interest depending on the amount and tenure,” she said.

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.

Intending participants are required to register for the webinar on –https://www.fidelitybank.ng/diaspora-webinar/

The programme will also be streamed live on YouTube and ZOOM. Enquiries are to be directed to email: [email protected]

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