Personality in Focus
Nneka Onyeali-Ikpe: Undisputed Amazon of Banking
By Eric Elezuo
The reward for hardwork has always been hardwork, and so it was when the Fidelity Bank group rewarded its indefatigable Group Managing Director and Chief Executive Officer, Mrs Nneka Onyeali-Ikpe, with an extension of her employment contract. No doubt, Mrs Onyeali-Ikpe, reputed as a solid amazon in the finance sector, and a go-getter, has seen and conquered the banking arena, and is honoured among veterans as a solid foundation in Nigeria’s money business.
Born on July 28, 1964, and on the verge of hitting the diamond age, Nneka, as beloved and close family members, friends and colleagues fondly call her, is a force to reckon with, and has in a space of 32 years and counting, of career banking, brought to bear all the stops that make for great banking and financial experience, climbing to the topmost echelon of investment banking and related areas.
It was not surprising therefore that Fidelity Bank Plc has announced its decision after a thorough Board of Directors’ meeting to extend the employment contract of the ebullient achiever from 2024 to 2026.
The announcement, which was taken on February 12, 2024, and contained in the company’s notice to the Nigerian Exchange Limited (NGX), and signed by Ezinwa Unuigboje, the Company Secretary noted that the extension is in furtherance of the Bank’s strategic objectives and premised on Dr. Nneka Onyeali-Ikpe’s sterling performance since the assumption of office on January 1, 2021.
The statement reads:
“Fidelity Bank Plc (the Bank) is pleased to announce its Board of Directors’ decision to extend the employment contract of its GMD/CEO, Dr. Nneka Onyeali-Ikpe, from 2024 to 2026.
“The decision was taken at the Board meeting on February 12, 2024. The extension is in furtherance of the Bank’s strategic objectives and premised on Dr. Nneka Onyeali-Ikpe’s sterling performance since assumption of office on January 1, 2021,”
The Board noted, and without equivocation, that it is confident that the Bank’s performance will continue its upward trajectory under Dr. Nneka Onyeali-Ikpe’s leadership, and looks forward to working closely with her and the Executive Management Team on execution of various strategic initiatives including international expansion.
Before attaining the enviable GMD with Fidelity Bank, Onyeali-Ikpe had out of dint of hardwork, paid her dues from lesser positions.
She began her career in 1990, when she was employed as a legal officer for the now-defunct African Continental Bank. She later worked as a treasury officer for the First African Trust Bank, and thereafter joined Zenith Bank, and subsequently the Standard Chartered Bank. Her experience in the course of her sojourn are combined to make her a toast of the banking industry today.
Having cut her teeth, and garnered a lot of experience and good, she was in 2011, absorbed by Enterprise Bank as an Executive director of the bank’s operations in Lagos and other locations in the South-Western region in Nigeria. She wasted no time in turning around the fortunes of the bank.
In January, 2015, Onyeali-Ikpe joined Fidelity Bank as an Executive Director, and rose through the ranks until she was announced the Managing Director in December, 2020. Following her appointment, Nneka became the first female MD/CEO in the history of the bank.
Presently, Dr Nneka Onyeali-Ikpe, with the national honour of Officer of the Order of the Niger (OON) is the Group Managing Director and Chief Executive Officer of Fidelity Bank Plc, a foremost financial institution with a client base of about nine million customers.
Apart from her Law degrees, from the prestigious University of Nigeria, Nsukka and Kings College, Onyeali-Ikpe has also attended executive training programs at Harvard Business School, The Wharton School University of Pennsylvania, INSEAD School of Business, Chicago Booth School of Business, London Business School and IMD amongst others.
It is worthy of note that she recently completed a Diploma programme in Organizational Leadership at Said Business School, Oxford University, UK and received an honorary doctorate degree in Business Administration at the University of Nigeria, Nsukka (UNN). She is also the recipient of the national award of the Officer of the Order of the Niger (OON) which was awarded to her by the Federal Government of Nigeria in 2023.
With close to 34 years of rewarding banking experience through Enterprise Bank, Citizens International Bank, Zenith Bank and Standard Chartered Bank among others, the woman is surely a force to reckon with.
A woman of many parts, Onyeali-Ikpe has also been involved in the structuring of complex transactions in Oil and Gas, Manufacturing, Aviation, Real Estate and Export among many others.
She is, without an iota of doubt, widely regarded as one of Africa’s leading female CEOs with a reputation for authentic leadership and proven people skills in identifying talents, opportunities and executing complex business deals. She has extensive business development experience with proficiency in retail, corporate and commercial banking and treasury management among others.
LANDMARK ACHIEVEMENTS IN FIDELITY BANK
Under Nneka’s watch, the Bank grew its PBT from N25.22bn in FY 2021 to N122bn in FY 2023. Nneka has now set her horizon on leveraging the opportunities in select high growth international markets where the Bank has a competitive advantage. She most recently guided the bank to obtain the approval of the Central Bank of Nigeria to expand its operations to the United Kingdom with the acquisition of the former Union Bank UK, now Fidelity Bank UK Limited.
Passionate about innovation and embracing technology, Nneka has pioneered several innovative and pacesetting products such as the PayGate Plus, an online platform that enables businesses make and receive payments.
Dr. Onyeali-Ikpe has also radically repositioned the bank as the go-to financial institution for Small and Medium Enterprises. Understanding the crucial role of small businesses in the sustenance of economic growth and development, she led the bank to create the Fidelity International Trade & Creative Connect (FITCC) which is aimed at providing a global platform for exporters, regulators, subject matter experts and foreign markets to connect.
The FITCC 2022 edition was attended by representatives of both the UK & the Nigerian Governments, Nigerian exporters, investors, regulators from the United Kingdom and Nigeria, the business community and other practitioners. The pipeline deals from the event was in excess of $200m. Over 2,000 people registered to attend the event and daily foot-fall was about 1,000.
The second edition of FITCC, which was hosted in Houston, Texas, United States of America in October 2023, was even bigger with projected pipeline deals of over $250m and more than 160 businesses in participation. Tagged, FITCC Houston, the success of the event is signposted by the designation of 25 October 2023 as the “Fidelity International Trade and Creative Connect Day” by Mr. Sylvester Turner, Mayor of Houston.
HER CORPORATE SOCIAL RESPONSIBILITY EFFORTS
In her bid to give back to the communities the Bank serves and as part of her efforts to combat the twin issues of poverty and hunger, Dr. Onyeali-Ikpe recently launched a National Corporate Social Responsibility initiative tagged The Fidelity Food Bank which provides free food bags to people across Nigeria monthly.
In recognition of her leadership and outstanding performance, she received commendation from AMCON as a member of the Management Team that restructured and turned around the fortunes of the erstwhile Enterprise Bank. She also received several board commendations from the Managing Directors of Standard Chartered Bank and Citizens International Bank for outstanding performance at various times.
FIDELITY AWARDS UNDER ONYEALI-IKPE’S WATCH
With Onyeali-Ikpe as the Chief Executive Officer, Fidelity Bank has been the recipient of several awards within and outside Nigeria some of which are:
1. Best Commercial Banking Brand in Nigeria by the Global Brands Magazine Awards
2. Best Private Bank in Nigeria by The Financial Times in association with The Banker Magazine
3. Trade Ambassador Award by the Nigerian-American Chamber of Commerce (NACC)
4. Global Finance’s World’s Best Private Banks 2023 awards for Best Private Bank in Nigeria
5. The Best Payment Solution Provider Nigeria 2023 in the 2023 Global Banking & Finance Awards
6. Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’ (BAFI) Awards 2023.
7. The “Fastest Growing Bank” and “MSME & Entrepreneurship Financing Bank of the Year” at the 2021 BusinessDay Banks and Other Financial Institutions (BAFI) Awards.
PERSONAL RECOGNITIONS AND AWARDS
On her own part, Dr. Onyeali-Ikpe has been recognized by numerous local and international bodies for her sterling achievements. These include:
1. The national award of the Officer of the Order of the Niger (OON) by the Federal Government of Nigeria in 2023.
2. The Banker of the Year 2022 at the 14th Leadership Annual Conference and Awards and
3. The Best Banking CEO Nigeria 2023 in the 2023 Global Banking & Finance Awards.
4. 2023 Top 25 CEOs in Nigeria at the BusinessDay Awards
5. The Banker of the Year 2022 at the Champion Newspapers’ Awards of the Year 2022.
Considering her versatility, industry knowledge and vast network, she also serves on the following Committees and organizations:
1. Chairperson, Financial Literacy and Public Enlightenment Sub-Committee of the CBN Bankers Committee.
2. Chairperson, Funds and Grants Committee of the Chartered Institute of Bankers of Nigeria
3. Member, Audit Committee of FMDQ Group PLC
4. Member of the Board, Shared Agent Network Expansion Facilities (SANEF)
5. Member of the Board, Unified Payment Services Limited
PERSONAL LIFE
Onyeali-Ikpe is married to Dr. Ken Onyeali Ikpe, PhD, a visionary leader with strong business acumen and respected for his demonstrated knowledge in Marketing, Branding and Consumer Consulting and Business acceleration.
She is a celebrated wife and mother, who has combined home duties with professional endeavours with allowing any to suffer.
The Executive Secretary/CEO of the Lagos State Security Trust Fund (LSSTF), Dr. Ayodele Ogunsan, has congratulated the Inspector-General of Police, IGP Olatunji Rilwan Disu, on the occasion of his birthday, commending his visionary leadership and reform-driven approach to policing in Nigeria.
In his birthday remarks, Dr. Ogunsan described the IGP as a “distinguished officer whose career has consistently reflected professionalism, courage, and a deep commitment to public safety.”
He noted that since assuming office as the 23rd Inspector-General of Police early this Year 2026, Disu has demonstrated a clear resolve to reposition the Nigeria Police Force towards greater efficiency and public trust.
Dr. Ogunsan particularly praised the IGP’s emphasis on intelligence-led policing, a strategy aimed at enhancing proactive crime detection and prevention, as well as his push for the integration of digital tools and forensic capabilities into police operations. These reforms, he said, signal a shift towards modern, accountable, and citizen-focused policing.
He further highlighted Disu’s decisive steps to strengthen the state policing agenda and officers’ welfare. He praised him for the effective policing model through the restructuring and reduction of tactical units, a move designed to address concerns over excesses while redeploying personnel to police divisions for improved community-level security.
The LSSTF boss also acknowledged the IGP’s consistent advocacy for discipline, integrity, and professionalism within the Force, noting that such values are critical to restoring public confidence and enhancing institutional credibility.
Reflecting on his track record, Dr. Ogunsan recalled Disu’s impactful leadership roles across key commands, including the Rivers State and the Federal Capital Territory Commands, where he contributed significantly to crime control and intelligence-driven operations.
His tenure as the Commander of the Rapid Response Squad in Lagos is a testament to his operational excellence and urban crime management.
Ogunsan wished the IGP good health, wisdom, and continued success in his efforts to build a more secure Nigeria. “On this special occasion, we celebrate not only a remarkable leader but a reformer whose vision continues to inspire confidence in the security architecture of our nation,” Ogunsan said.
Terrorists in northeast Nigeria killed a brigadier general in an assault on a military base, a local government chairman told AFP on Thursday, the second killing of a high-ranking officer in five months.
Africa’s most populous country has been fighting a terrorist insurgency for 17 years, since Boko Haram’s 2009 uprising, which has seen the emergence of powerful splinter groups, including Islamic State West Africa Province.
In an overnight attack, unidentified terrorists killed at least 18 soldiers and torched vehicles at a base in Benisheikh, about 75 kilometres from Borno state capital Maiduguri, an intelligence source told AFP.
“Unfortunately, the brigade commander, Brigadier General O.O. Braimah, lost his life,” Kaga Local Government Chairman Zannah Lawan Ajimi told AFP in a phone interview.
Two intelligence sources confirmed Braimah’s death to AFP.
His death follows the killing of Brigadier General Musa Uba by ISWAP in November. He was the highest-ranking military official to die in the long-running conflict since 2021.
“They overran the brigade,” one of the intelligence sources said, giving the death toll as “at least” 18.
The second intelligence source said that “the terrorists killed several troops” and “burnt vehicles and buildings before they withdrew,” without giving a toll.
The army and Nigeria’s Defence Headquarters did not immediately respond to a request for comment.
– Rising terrorist violence –
Researchers have warned of an uptick of violence since 2025.
Borno capital Maiduguri has seen two suicide bombings since December — the type of bloody, urban attacks reminiscent of the insurgency’s peak a decade ago.
On Wednesday, the US State Department said in a notice it was authorising “non-emergency US government employees” to leave Abuja “due to the deteriorating security situation”.
While the insurgency is concentrated in the northeastern countryside, terrorists from Nigeria and the neighbouring Sahel have made inroads western Nigeria, where organised crime gangs known as “bandits” have been raiding villages and extorting farmers and artisanal miners for years.
Gunmen killed at least 90 people across several remote villages in northwest Nigeria this week, according to an AFP tally of tolls given by local and humanitarian sources.
Among the attacks was an assault in Kebbi state that police blamed a local terrorist group known as Mahmuda, which is affiliated with Al-Qaeda.
Kebbi sits on Nigeria’s border with Benin and Niger and since 2025 has been targeted by a rising number of terrorist attacks.
Conflict monitor ACLED says there has been a surge in violence in the area carried out by militants affiliated with Al-Qaeda and the Islamic State group.
In nearby Kwara state, in October, fighters from the Al-Qaeda-affiliated JNIM claimed an attack after years of researchers warning that the terrorist conflict ravaging the Sahel risked spreading south towards coastal West African states.
In December, the United States, with Nigerian assistance, bombed northwest Sokoto state, targeting Islamic State Sahel Province fighters usually found in neighbouring Niger, along with Mali and Burkina Faso.
AFP
A chieftain of the African Democratic Congress (ADC) and the 2023 Labour Party governorship candidate in Lagos State, Gbadebo Rhodes-Vivour, has argued that President Bola Tinubu has no pathway to re-election in 2027.
Rhodes-Vivour, who appeared on Channels Television’s Politics Today on Wednesday, said data from credible polls indicate that Tinubu will not win next year’s presidential election.
“I have looked at data, we have polling that is going on now, credible polling — there is no pathway for the president to emerge victorious, that is why we are seeing all these shenanigans,” he said.
He added: “There is no pathway for him. When you look at the North that gave him 62 per cent of his votes, you see the tsunami that is happening in the North. You have a president that created a government system that is just for the city boys. It is a city boys’ government. It’s not even a proper South-West government; it’s his cronies that are just in charge.”
The Lagos politician blamed the president for the crisis affecting opposition parties, including the ADC.
According to him, having assessed that the odds are against him ahead of the 2027 polls, the president is resorting to instigating crises within opposition ranks as a strategy to retain power.
“So, the best pathway is to create an environment where he is the only candidate on the ballot for the presidency. That is what he is trying to achieve, but he is not going to succeed,” he said.
Last week, the Independent National Electoral Commission (INEC) removed the names of David Mark and Rauf Aregbesola as chairman and secretary of the ADC from its portal, citing a court order to maintain the status quo.
The party has faulted INEC’s decision, alleging that the electoral body misinterpreted the court order. Since then, the ADC leadership has held a world press conference to reject the move.
Earlier on Tuesday, prominent members of the party staged a “Save Nigeria Democracy” protest at INEC headquarters in Abuja. Among those present were Peter Obi; former Vice President Atiku Abubakar; former Governor of Rivers State, Rotimi Amaechi; former Governor of Kano State, Rabiu Musa Kwankwaso; former President of the Senate, David Mark; former Governor of Osun State, Rauf Aregbesola; and former Governor of Sokoto State, Aminu Tambuwal, among others.
Hundreds of supporters, including members of the Kwankwasiyya Movement, also participated in the protest.
