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Diamond Bank Partners SME100 To Boost MSMEs’ Capacity

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As part of its commitment to building and supporting economic growth and development in the country, Diamond Bank, in partnership with SME100, has rolled out strategic capacity development programmes that would boost the productive strength of Micro, Small and Medium scale Enterprises, MSMEs.

The Bank’s Chief Executive Officer, Uzoma Dozie, stated at a networking event which held recently in Lagos for MSME operators and stakeholders, that the sector holds the key to rapid economic growth, pointing that the adoption of technology in structuring their businesses is the surest way to business stability and predictable breakthrough.

Speaking on the topic: “The Age of Digital Disruption; Leveraging Technology for Business Growth,” Dozie in his highly engaging session, noted that the need for small businesses to adopt technology in their processes cannot be overemphasised, stressing that technology stimulates productivity while saving time and energy.

“The future of Africa is digital, and technology creates opportunities for the acquisition of useful skills and this should be embraced by all business owners. Business owners should have a platform that will enable them engage their customers from a conversational to a marketing perspective”. Dozie stated.

According to him, online awareness is very cost effective and good for business. He said the adoption of appropriate technology would position businesses for banks to lend to them, adding that Diamond Bank is in business to help entrepreneurs operating in the MSME segment of the economy and also lend to customers, individuals and corporate organizations.

Dozie pointed that Diamond Bank demonstrated its commitment to the growth and development of the MSME segment of the economy through its BusinessExpress seminar, which holds every quarter across the country by offering non-financial benefits and services to help them grow their businesses organically.

Earlier in his welcome address, Executive Director, SME100 Nigeria, Charles Odii, stated that businesses can only remain competitive if the management embraces the multiple advantages that technology offers, adding that to shun technology is to “risk extinction”.

He said: “In order to remain relevant, businesses must begin to conform to the change that technology is bringing across various sectors. Early adopters of digital age are bound to have an edge over those who choose to retain traditional processes and distribution channels in their businesses.

Through the networking and capacity building events, Diamond Bank and SME100 aims to stimulate entrepreneurship among young Africans by identifying, supporting entrepreneurs and enabling communities to reap the transformational benefits of SME participation in the economy.

The event also spotlights exemplary entrepreneurial models that can help improve the capacity of young entrepreneurs to SME100 as well as stimulate entrepreneurship among them.

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UBA Partners With British Airways To Reward Loyal Customers

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Pan African financial institution, United Bank for Africa (UBA) Plc and the global airline, British Airways have announced a collaboration to reward loyal customers who are cardholders of the Bank.

The promo which will last for six months from November 2019, will witness UBA customers getting significant discounts when they purchase their British Airways tickets using their UBA cards. The promo will allow customers to enjoy up between 10% to 15% discount on any ticket purchased during the campaign. The ticket fares is exclusive of taxes as is applicable to purchases of all goods and services.

The collaboration is aimed at increasing customer experience and satisfaction for both UBA Cardholders and customers of British Airways.

The General Manager, Corporate Bank, UBA Directorate, Mr Muyiwa Akinyemi, who expressed delight at the collaboration, noted that the promo between the two organizations was carefully thought out to ensure that loyal customers of the two institutions are duly rewarded while ensuring that they also receive more value for their money. He added that for persons without a UBA account, all they require to benefit from this promo is to procure a card instantly from any UBA branch nationwide.

“UBA is excited to collaborate with one of the foremost Airlines in the world to run a promotion aimed at rewarding our cardholders and premium customers who will enjoy discounted tickets and other ancillary benefits such as loyalty points on the British Airways Executive Club.”

He explained that as a customer-centric institution, UBA is always on the look-out for services and reward schemes that will ultimately benefit the customers, in line with its Customer 1st policy.

Akinyemi noted that the bank has plans to partner with other airlines in the future to provide further opportunities for reducing the cost of travel for its customers. “For now, we are partnering with a pre-eminent airline that offers class and distinction,” he said.

The Commercial Manager for British Airways in West Africa, Mr. Kola Olayinka, noted that the airline is pleased to partner with the bank due to its huge customer base and wide reach, adding that with the partnership, more customers will be able to enjoy the promo.

He said, “British Airways is excited to partner with UBA, Africa’s Global Bank, to create a mind-blowing promotion aimed at raising awareness about this service to be rendered by both institutions.”

Continuing, Kola said, “In addition, the discounts provided by British Airways will reduce the cost of travel and encourage the Bank’s customers to make more foreign trips during the period and also reward their customers and staff as a way of giving them something very tangible.”

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Heritage Bank Convenes Strategic Agribusiness Meeting With Sumitomo Corporation

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L-R: John Gbassa, CEO/MD of WAO Global Trading Ltd; Koji Shirotani, Divisional Manager, Sub-Sahara Africa Business Development Division; Afolasade Alonge, Divisional Head, Corporate and Specialized Banking, Heritage Bank Plc; Masafumi Tanimoto, General Manager, Accra Liason Office; Tsuyoshi Ueda, Assistant Managing Director; Jude Monye, Executive Director of Heritage Bank; Olugbenga Awe, Divisional Head, Agric Finance & Export and Takuya Yamamoto, General Manager, Middle East & Africa, Sumitomo Corporation, during discussion between the Heritage Bank and Sumitomo Corporation on mechanisation & Agric Business, held at bank’s head office, weekend.

Nigeria is at the threshold of the much-needed agricultural revolution, as food production remains a significant challenge all over the world, hence whilst, Heritage Bank Plc is forming an alliance to further create formidable partnership arrangements with Sumitomo Corporation that will lead to impactful agribusiness within the segments of the agricultural value chain.

This relationship that is focused on mechanization and agribusiness will complement the efforts of the Central Bank of Nigeria’s (CBN) to fast track development of the agricultural sector and enhance national food security.

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Heritage Bank Pledges Continued Support For Women Empowerment

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Heritage Bank Plc has said it will continue to lend support to causes that promote women empowerment as this will impact positively on the nation’s socio-economic development.

Managing Director, Heritage Bank, Ifie Sekibo, stated this at the “Raising Girls Summit ‘19” which held in Lagos last Friday as part of activities to commemorate the International Day of the Girl-Child.

Sekibo, who was represented at the event by the Regional Executive, Lagos & South-West, Heritage Bank, Dike Dimiri, disclosed that the lender sponsored the “Raising Girls Summit ‘19” because as he put it: “At Heritage Bank, we are committed to anything that represents women empowerment.”

According to him, the Bank has been in the vanguard of promoting financial literacy and financial inclusion especially among women because it believes that this is key for advancement in today’s dynamic world.

He said: “If we can start promoting financial inclusion especially among the girl child, then we can stand a better chance of having our children grow up to help build a strong financial system. Heritage Bank has been at the forefront of trying to ensure that financial inclusion is not just for adults but for children and more so at a very early age.”

Sekibo, who noted that Heritage Bank actively participates in financial literacy programme organized by the Central Bank of Nigeria (CBN) in different parts of the country every year, assured organizers of “Raising Girls Summit ‘19” of Heritage Bank’s continuous support

Organized by The Green Girl Company Limited, (organizers of the Miss Nigeria Beauty Pageant), the Raising Girls Summit, is part of a global effort to empower, and deliberate on issues affecting the girl-child in Africa.

It is also aimed at influencing social change and policies to ensure a better life and the future prospect of girls in Africa.

In her remarks at the event, the Green Girl Company Limited CEO, Dr. May Ikeora, thanked Heritage Bank for its support for the summit, adding that with the lender’s support, the organization was making a valuable contribution to Nigeria and the world.

She advised young girls not to focus on what society can do for them, but on what they can contribute to society.

Also speaking at the event, a former “Miss Nigeria”, Helen Prest-Ajayi, stated that if the girl-child is better educated, the country would be a better place for all Nigerians.

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