Wednesday, 5 August 2015

First Bank, PAU Collaborate To Boost SMEs Growth

 First Bank logo
First Bank of Nigeria Limited has collaborated with the Enterprise Development Centre of the Pan Atlantic University to promote the growth of Small and Medium-scale Enterprises in the country.
As a result, the lender said it had commenced the sponsorship of an SME radio programme called ‘The Economy & You.’
According to a statement by the bank, the move will help to deepen the SME space and make it accessible to more business start-ups.
The objective is to educate, inform and build capacity for small business owners by providing them with the resources needed to grow their businesses.
Given the growth of the SME sector and its role in economic expansion and sustainable national development, the bank said the programme would help to boost SME development.
The statement said, “The programme will focus on SMEs and how the economy is affecting their enterprise, from budget to policies, from exchange rates to incentives. Once a month, the programme would focus on specific sectors and sector specialists.

“SMEs’ owners and key stakeholders in general will be invited to be part of the conversation. The programme will open a twitter handle for audience interaction during the online streaming and would also feature a monthly live panel where listeners can call in to participate during the online streaming.”
The bank said the programme would feature seasoned professionals and successful SME entrepreneurs in finance, construction, food and hospitality, as well as other critical sectors of the economy.
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The Executive Director, Lagos and West, First Bank, Mr. Gbenga Shobo, was quoted as saying that the programme was in line with the bank’s strategy to build capacity among SME players and foster the growth and development of small and medium scale businesses in the country Nigeria.
“We are committed to providing practical help on relevant challenges faced by small businesses and SMEs will have an unrestricted access to the archived materials from ‘The Economy and You,’” he said.

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