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Heritage Bank CEO Highlights Success Factor for CBN Youth Fund Beneficiaries

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Ifie-Sekibo

Managing Director/Chief Executive Officer of Heritage Bank Plc, Mr. Ifie Sekibo has identified “character” as the success factor for the 1,500 youths participating in the Central Bank of Nigeria (CBN) N3billion Youth Innovative Entrepreneurship Development Programme (YIEDP).

Speaking at the official flag off of the training programme of the first batch of beneficiaries of the youth empowerment programme initiated by the CBN with Heritage Bank Plc and the National Youth Service Corps (NYSC) as partners, Sekibo advised the youths to adopt a strong positive character to enable them take advantage of the platform being presented to them.

The event, which took place at the NYSC Orientation Village, Kubwa, Abuja marks the beginning of an experiment in reducing graduate unemployment in the country by extending single-digit interest loans to enable qualified NYSC members and young graduates fulfill their dreams of becoming entrepreneurs.

Mr. Sekibo tasked the young beneficiaries, who through initial tests were selected from nearly 10,000 applicants, to remain focused and tenacious so as to be able to succeed. Said he: “Today, you represent the first step into an experiment that if we succeed, we would be on a part of turning the economic tide of our great nation. But you have to bring your character to the table. If you do not bring your character to the table, this experiment will not succeed.”

He added that, “As I wish you well, I beg you in the name of God to bring your character to the table. You must develop a tenacious spirit, a can do spirit, a never say die spirit that can surmount all challenges. The effort we have undertaken today will amount to nothing if your character is not on the table. Every man, every leader worries about the character of the people he works with. If you are tenacious we will do the best we can to sponsor you to your highest dreams. Give us the opportunity to sponsor you to your highest dreams”

The CBN had selected Heritage Bank as its pilot partner bank to unveil, administer and manage the laudable project, which will focus on dependable job-creating sectors, such as agricultural value chain (fish farming, poultry, snail farming), cottage industry, mining and solid minerals, creative industry (tourism, arts and crafts), and Information and Communications Technology (ICT).

Following the inauguration of the initiative by the CBN and the subsequent launch of a business application portal by Heritage Bank in March this year, not less than 10,000 applications have been received.

Out of this number, 1,547 candidates, representing the first batch of possible beneficiaries of soft loans for their business ideas, have been shortlisted to report for a 3-day business development training workshop, which will be conducted across CBN Enterprise Development Centres in the six geopolitical zones.

To be eligible for the YIEDP funding, youths must be within the age bracket of 18 and 35 year old, serving National Youth Corps members or non-NYSC members with not more than five years post-service.

BUSINESS

UBA Partners LCCI For 2019 Lagos International Trade Fair, Promises Customers 20% Discount On Registration

Peter Okunoren

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Pan African financial services institution, United Bank for Africa (UBA) Plc, and the Lagos Chamber of Commerce and Industry(LCCI) have partnered to organize the 2019 edition of the Lagos International Trade Fair.

The Fair, which holds between November 1st and 10th, 2019, is the 33rd edition and is expected to provide an avenue for networking and other business opportunities that will assist to catapult business activities in Africa’s largest and busiest city, Lagos and in Nigeria.

UBA, which is the headline partner will be working together with LCCI, to provide a veritable platform that is intended to grow both domestic and international trade. It further presents participants and visitors with opportunities to seal medium and top business deals.

In line with UBA’s unflinching support to the growth of small and medium enterprises (SMEs), the bank is giving a 20% discount to its Small and Medium business customers who register to attend the fair.

UBA’s Group Head, Marketing, Mrs. Dupe Olusola, who expressed excitement at the partnership, noted that the bank, with its extensive spread across Africa and other major economies of the world, is always on the lookout for partnership opportunities that will benefit the business environment and the economies where it operates.

Olusola noted that the Bank is delighted as this year’s Lagos International Trade Fair is coming after a very successful organization of UBAmarketplace by the Bank in Abuja, where over 120 SMEs from 20 African countries exhibited their products, attracting over 50,000 footfalls.

She said, “UBA, the Pan African financial institution, has branches in 20 African countries, including the United Kingdom, the United States of America and France and has always been involved in activities that aim to strengthen business connections and networks across key economies.

“Thus, we have decided to partner with LCCI to promote this year’s fair which is in its 33rd edition because the Lagos International Trade Fair has become a genuine avenue for both domestic and international trade through business to business meetings, product launches, enlightenment opportunities for government agencies’ programmes, and international trade partnership deals across borders” she explained.

She added that the partnership will also offer the bank the opportunities to showcase its array of products to its teeming and new customers, adding that the bank will set up stands at various points to serve its customers and attend to various concerns.

The Director-General of the Lagos Chamber of Commerce and Industry, Mr. Muda Yusuf who praised the collaboration between both institutions, noted that it is a partnership that is expected to yield great benefits, owing to the fact that the LITF hosts an average of 2,000 exhibitors annually, with over 200 foreign exhibitors from 16 countries.

He also added that arrangements have been put in place to make this year’s fair even bigger and better than the previous editions, adding that already, existing and potential exhibitors have been responding positively to register and participate at the Fair.

“We at LCCI believe that this is part of the bold initiatives of the bank with a corporate culture founded upon strong organizational values and performance-driven operating standards”, Yusuf said.

Yusuf stressed that the Chamber would maintain the brand promise of the Fair, with the theme ‘Connecting businesses, Creating value’, adding that this will be sustained this year in all its marketing campaigns.

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Win N200,000 Cash Prize In The Zenith Bank #ZBZeroBalanceChallenge

Gbemileke Ajayi

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Win big in the Zenith Bank #ZBZeroBalanceChallenge ⠀
How to win?
(1) ‎Post your one minute video on Instagram before 12 noon on Sunday the 18th of August 2019.⠀
(2) Use the hashtag #ZBZeroBalanceChallenge and tag + follow @zenithbankplc on Instagram.⠀
Click Here to view and download the Zero Balance song.⠀
Note!  ‎
  • Winners will be announced on Tuesday the 20th of August 2019.
  • The participant must have zenith zero account
  • To Open zero account, kindly dial #966*0# and follow the prompts

Prizes🎁

1st prize: N200,000 
2nd prize: N100,000 
3rd prize: N50,000 ‎
The promos run from Sunday the 18th of August 2019.
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Zenith Bank Introduces Free Banking For Senior Citizens

Gbemileke Ajayi

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Zenith Bank Plc has introduced the Zenith Timeless Account, which allows Nigerians aged 55years and above to enjoy free financial services.

The Zenith Timeless Account is a product offering targeted at senior citizens (aged 55 years and above), pensioners, potential and existing retirees, that allows them bank for free and conduct banking transactions with ease.

Holders of the Zenith Timeless Account enjoy interest on Savings Account and are not required to pay maintenance, debit card, cheque book, or SMS notification fees. They also enjoy priority treatment at all Zenith Bank branches nationwide, and have access to a wide range of travel and holiday offers on tickets.

Do you have an old saving or current account with Zenith Bank and you are above 55 years old?

Quickly reactivate the account and begin to enjoy all the benefits of the Zenith Timeless Account.

You can visit the bank’s website, www.zenithbank.com , or any of our branches to open the account or reactivate your old account.

 

 

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