FidBank UK Launches Buy-to-Let Financing to Help Nigerians Invest in UK Property

Business

FidBank UK Limited, the international arm of Fidelity Bank Plc, says it will back Nigerians—both individuals and companies—seeking to buy property in the United Kingdom. The lender’s plan centers on helping clients access UK real estate opportunities through its “FidBank Buy-to-Let” offering, with financing designed for high-net-worth investors looking to place capital in the UK housing market.

The announcement was unveiled during a private product showcase hosted by the British Deputy High Commissioner, Jonny Baxter, at his residence in Lagos on Tuesday, 26 May 2026. The session brought together a closely selected group of business leaders and corporate executives, alongside representatives of the bank.

Speaking at the event, Johnson Enemadu, Managing Director and Chief Executive Officer of FidBank UK Ltd, said the programme is intended to demonstrate to the market and the bank’s customers that new opportunities are available and that the institution is ready to support clients along the investment journey. He also framed the initiative as a way to mobilise capital across both financial institutions and the corporate sector, while offering support to high-net-worth individuals.

Enemadu added that the showcase is taking place as Nigeria and the United Kingdom strengthen ties, pointing to the recent state visit of Nigeria’s President to the UK as a key marker of renewed engagement. He said the renewed relationship is expected to open additional channels for trade, investment and financial cooperation, and that FidBank UK aims to play a prominent role in expanding these connections.

In his remarks, Deputy High Commissioner Jonny Baxter said the United Kingdom remains committed to deepening its economic partnership with Nigeria, with an emphasis on inclusive and sustainable investment, trade, and growth. He noted that London’s role as a major global financial hub is underpinned by strong financial infrastructure, which supports efficient movement of goods and services and smoother cross-border payments between markets.

Baxter said it is encouraging to see institutions such as FidBank UK broaden financial services that not only widen investment options in the UK but also reinforce the financial systems that support expanding commercial links. He added that the UK welcomes efforts aimed at improving liquidity, enabling trade, and strengthening sustainable economic ties between the two countries.

The product showcase also featured art exhibitions by two of Nigeria’s prominent visual artists, Femi Morakinyo and Oswald Chukwunyeremugo, who presented new works for guests to view and discuss.

Addressing the event as well, Lagos State Governor Babajide Sanwo-Olu was represented by the Honourable Commissioner for Finance, Abayomi Oluyomi, who praised the initiative for aligning with the administration’s T.H.E.M.E.S. Agenda. Oluyomi said FidBank UK provides a private banking relationship built on regulatory discipline and institutional confidence, describing it as more than a simple set of offerings—calling it a broader financial framework for people who live, work and invest across the Nigeria–UK corridor.

FidBank UK says it has operated from the center of London since 1983 and offers a wide range of services to customers engaged in business with Nigeria and other West African markets. Its portfolio includes trade finance, personal and business banking, treasury services, commercial lending and private banking.

The bank states it is authorised by the Prudential Regulation Authority and supervised by the Financial Conduct Authority and the Prudential Regulation Authority. It also participates in the Financial Services Compensation Scheme.

Zibuyile Dladla
Zibuyile Dladla
Senior Writer

Zibuyile began her media journey as a sales intern at Mediamark (Kagiso Media) before moving into digital content creation for ZAlebs.com. Over four years, she helped evolve the platform from a simple blog into one of South Africa’s leading independent entertainment news sites.
Following ZAlebs’ transition to Celebrity Worx in 2016, Zibuyile was promoted to Executive Editor, recognized for her sharp audience insight and ability to match editorial with branded content. Highlights of her time include a Bookmark Award nomination, judging TLC’s Next Great Presenter, reporting from the MTV EMAs, and building partnerships with radio stations like YFM, Cliff Central, and Good Hope FM.
Her editorial work also expanded to include fast-growing digital verticals—such as lifestyle tech, online entertainment, and gambling-related content—tailored to evolving reader interests and brand opportunities.

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