Ipaules

12/11/2024

Motivate your self

05/05/2024

10 years ago, Fidelity Bank placed a bet on Allen Onyema and his Air Peace brand, when most banks stayed away from touching the airline.

Air Peace was a small airline—not this big, so you can't blame the banks that stayed away.

Despite their size and smallness, Fidelity Bank chose to stick with Allen Onyema.


This is what Fidelity did for Allen Onyema.

They provided him with funding to buy his new aircraft from Boeing.

Sometimes the amount in question could run up to $1 billion, but it does not matter; the bank will look for it and guarantee Allen that the transaction will proceed.

There was a time when Allen Onyema signed an agreement with Boeing for 10 new aircraft.

Guess who provided the funding? Fidelity bank.

Fidelity Bank provided the funds required for Air Pece's growth and expansion.

Air Peace has scaled up and is now the largest airline in West Africa.

They were no longer the small airlines they were 10 years ago.

Allen Onyema has not forgotten this favour, so he has kept faith in Fidelity Bank by choosing to bank with them even in the face of multiple choices.

When it comes to cash flow, no airline in Nigeria today comes close to Air Peace in terms of daily turnover and liquidity.

We are talking about an airline that generates between 50 and 100 million naira daily, according to unofficial estimates.

Banks love businesses with this type of liquidity and healthy cash flow, but even if you pitch Allen Onyema to open an account with you, he will casually tell you that he is okay with the value and service Fidelity Bank is providing for him.

This is why, when you go to Air Peace's website to book your flight, you send the money to Fidelity Bank when it is time for payment.

The lesson from this is simple.

Invest in people.

Invest in relationships.

Take a bet on promising young people, even when it is not convenient.

Take an interest in people's lives and see how you can contribute to their growth and scale.

© Chukwudi Iwuchukwu

30/04/2024

Pictures of Destiny Etiko and Zubby Michael on movies set inside water without life jacket.

26/04/2024

Junior Pope Goes Home 😢😢

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26/04/2024

Meet MARTHA ANKOMAH one of the best Ghanian actress, I love this lady so much and it's been long I saw her on the screen, hope she's doing well.. she's no longer acting

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25/04/2024

Chinese scientists are developing laser-powered submarines, aiming to achieve speeds comparable to jet engines, according to reports.

Engineers at Harbin Engineering University claim to be on the verge of success with this technology. By generating plasma underwater using lasers, they create a “detonation wave” to propel the submarine.

Coated in thin optical fibers emitting laser power, the vessels could potentially produce significant thrust, reaching speeds surpassing the sound barrier.

This advancement underscores China’s efforts in underwater weapons research, sparking concerns in the United States about a potential submarine arms race.

NewsCredit Fossbytes

25/04/2024

My God bless our mother's out there trying hard to feed us.
🤍 🤍 🤍 🤍 🤍

25/04/2024

Nigeria, African Largest Economy in 2015 under Goodluck Jonathan has Dropped to the 4th in the Continent according to IMF

25/04/2024

May all Pregnant woman deliver safely IJN 🙏

24/04/2024

What did i just watch

24/04/2024

In 2017, a 10-year-old Florida girl Juliana Ossa fought off a deadly alligator attack by sticking two fingers up the alligator's nose. This forced the alligator to open its mouth to breathe, which freed the girl's leg and let her escape. She said that she learned the trick from Gatorland

24/04/2024

Breaking sad news: Renowned Nollywood icon, Pa Zulu Adigwe, has sadly left us. May his soul find eternal peace.

22/04/2024

You will never regret Liking this photo ❤️

22/04/2024

22/04/2024

Inside the most expensive school in Nigeria — A newly commissioned primary school

School fee — N42million (per annum)
Registration/admission fee — N2million
(Day and boarding)

Location: Ogombo Road, Ogombo, Lekki, Lagos

Charterhouse is a UK public school founded 413 years ago.

20/01/2024

Adeyanju berates Nyesome wike over rising insecurity in Abuja, asks the minister to concentrate on his job as cabinet minister - -Blames demolition of shanties and poor people’s home for rising insecurity in the FCT. -Says when the poor no longer have what to eat, they will eat the rich.” Human Rights Activist and Convener of Concerned Nigerians, Deji Adeyanju has berated the Minister of Federal Capital Territory, FCT, Mr....

Adeyanju berates Nyesome wike over rising insecurity in Abuja, asks the minister to concentrate on his job as cabinet minister - -Blames demolition of shanties and poor people’s home for rising insecurity in the FCT. -Says when the poor no longer have what to eat, they will eat the rich.” Human ...

17/01/2024

Oyo Governor Seyi Makinde has hinted that illegal miners operating in the state were responsible for Tuesday night’s explosion in Ibadan. Many persons were hospitalised following the explosion that affected a section of the Governor’s Office, Secretariat, Oyo State House of Assembly, the residence of the former Attorney General and Minister of Justice, Chief Bola Ige, some buildings at Ologuneru, Apete, New Garage, Bashorun, Akobo, Sango and Eleyele....

Oyo Governor Seyi Makinde has hinted that illegal miners operating in the state were responsible for Tuesday night’s explosion in Ibadan. Many persons were hospitalised following the explosion that affected a section of the Governor’s Office, Secretariat, Oyo State House of Assembly, the residen...