Business Hilights

Tracking Nigeria's Headline Business News Online

Fidelity 4th

Fidelity Bank’s ‘Get alert in millions savings promo’ crowns latest millionaires

Ad 2
Ad 3

Leading retail banking giant, Fidelity Bank Plc last week Thursday gave a total of N19m as cash prizes to 13 winners across the country in its ‘Get alert in millions savings promo.’

At the draw held in Abuja, the bank also gave out 18 consolation prizes consisting of refrigerators, and television sets among others to 18 lucky winners.

Business Hilights gathered that the new millionaires emerged through a computerised and transparent simple random system used across the bank’s branches in the six geo-political zones.

Members of the National Lottery Regulatory Commission and other lottery regulatory bodies in Nigeria were in attendance to witness the draw.

In his remarks, the Managing Director Fidelity Bank Plc, Mr Nnamdi Okonkwo, represented by the Regional Bank Head Northwest 1, Manir Ringim, said that the N19m brought the total amount so far given under the promo to N34m.

He said “What we are actually doing today is the ‘Get alert in million Season 4’ and it is a promo being conducted in the bank over the last 12 years.

“This is the second draw we are conducting since the promo commenced in October 2019.

“The expectation here is that we are going to draw out a total of N19m today in the following categories, the N3m category, N2m category, N1m category to 13 lucky customers of the bank.

“Outside that we are also going to give out about 18 consolation prizes to other winners ranging from refrigerators to TV sets and generators.

“It is also worthy of note that by the end of this draw, we would have given out a total of N34m of cash from the beginning of the promo plus 36 consolation prizes.”

While noting that the total amount earmarked by the bank for the promo was N86m, Okonkwo explained that the bank’s motive for conducting the promo was to key into the national financial inclusion strategy of the Central Bank of Nigeria.

He further expressed optimism that through the initiative, the bank would be able to reduce the percentage of financially excluded Nigerians, adding that “What we have actually done here so far as a bank is to buy into the national financial inclusion strategy of the nation.

“Like you are all aware, today in Nigeria over 50 million Nigerians are financially excluded and that represents over 45 per cent of the population we have in the country.

“What that does is that, it brings major impediments to the nation,” the bank chief executive averred.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.