Union Bank of Nigeria has reiterated its dedication to entrepreneurship and girls’s empowerment by its alpher initiative by sponsoring the Nigerian British Chamber of Commerce (NBCC) Girls and Youth Entrepreneurship Growth Centre (WYEDC) Cohort 2 Programme, which has graduated 125 entrepreneurs who’ve benefited from firsthand entrepreneurship coaching and enterprise grants.
Small and medium-sized enterprises (SMEs) in Nigeria account for greater than 50% of business employment and contribute roughly 48% to the nation’s GDP.
This makes entrepreneurship one of many economic system’s constructing blocks and is a testomony to Union {Bank}’s unwavering dedication to nationwide improvement in partnership with NBCC.
In her welcome speech, the Director Normal of NBCC, Dr. Ebere Njoku, reiterated NBCC’s dedication to supporting entrepreneurship, ladies’s empowerment, and youth empowerment, citing these as catalysts for {economic} improvement and sustainability.
She appreciated the sponsors, companions and facilitators who devoted their assets and time to upskilling the individuals.
The entrepreneurship initiative stemmed from the visionary purpose of Mr. Ray Atelly, President and Chairman of the Council, NBCC, FRPA, to offer entrepreneurship and grant alternatives to Nigerian ladies and youths.
Mr. Atelly informed the graduates in his speech, “That is your likelihood, ensure you take it. Don’t let any impediment cease you as a result of there will probably be many; when you let it cease you, your goals usually are not robust sufficient. That you must maintain pushing, sometime you’ll sit on the prime of a conglomerate and other people will aspire to be such as you.”
Additionally in attendance was the NBCC’s Patron, Senator Akin Odunsi, FRPA, who congratulated the Cohort 2 graduates.
He mentioned, “I encourage all of you to not take the coaching you might have obtained with no consideration. Use it as a landmark alternative to be a beacon of hope to others who look as much as you.”
He additionally urged the Chamber to offer internship alternatives after the six-month entrepreneurship coaching in organisations for the incoming Cohort 3 and past.
He added that the internship expertise will give trainees the distinctive likelihood to apply what they realized and, in return, profit the organisations from their acquired expertise.
The goodwill message on the commencement ceremony was delivered on behalf of Mrs. Yetunde Oni, Managing Director and Chief Government Officer of Union Bank of Nigeria, by Mrs. Vivian Imoh-Ita, the {Bank}’s Head of Retail and SME Enterprise, who appreciated NBCC for the life-transforming coaching they’re offering to the youth and girls entrepreneurs.
She additional acknowledged, “As a {Bank}, we perceive that after we put money into ladies and youth entrepreneurs, we’re investing in probably the most highly effective catalysts of {economic} transformation. Via the {Bank}’s alpher initiative, we’ve got enabled success for women-led companies. In a risky economic system like Nigeria, the challenges going through entrepreneurs are dynamic and important. As a {Bank}, we intend to show that these limitations usually are not unconquerable and are development alternatives.”
Three entrepreneurs, specifically Evelyn Ekene Ani of Evani.Ng (First place), Martha Padonu of Past Images (Second place), and Therietta Vershima of La Teriz (Third place) have been declared winners of the Union {Bank} Enterprise Pitch competitors held throughout the commencement ceremony and have been rewarded with funding for his or her companies.
The {Bank}’s sponsorship of the coaching demonstrates its dedication to fostering a vibrant, progressive, and inclusive entrepreneurial ecosystem for girls and all people.
Word to Editors:
alpher is the proper sentence case within the context of this press launch. Please don’t write as Alpher at any level.
About Union {Bank} Plc:
Established in 1917 and listed on the Nigerian Inventory Alternate in 1971, Union Bank of Nigeria Plc. is a family title and considered one of Nigeria’s long-standing and most revered {financial} establishments. The {Bank} is a trusted and recognisable model with an intensive community of over 300 branches throughout Nigeria. The {Bank} provides varied banking providers to particular person and company purchasers, together with present, financial savings, and deposit account providers, funds switch, overseas foreign money domiciliation, loans, overdrafts, tools leasing, and commerce finance. The {Bank} additionally provides clients handy digital banking channels and merchandise, together with On-line Banking, Cell Banking, Debit Playing cards, ATMs, and POS Techniques.
Extra info will be discovered at: www.unionbankng.com
Media Enquiries:
Favour Ayeni
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