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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.

BUSINESS

Zenith Bank Unveils SME Digital Workshop For Business Owners, Partners Facebook [Register Here]

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Foremost financial institution, Zenith Bank Plc is organizing a free one-day session for SMEs on how Facebook, Instagram, Whatsapp, and other digital channels can be used to engage potential prospects, market offerings and grow business volumes.

To register attendance, please send an email titled ‘Zenith Bank SME Digital Workshop’ to [email protected]

The email should contain the following information: Name of the participant, account number and preferred venue of attendance

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NOVA Merchant Bank Appointed By The Nigeria Customs Service As A Duty Collecting Bank

Gbemileke Ajayi

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In fulfillment of its commitment to constantly find new ways to serve its customers better, NOVA Merchant Bank has been appointed as a designated collecting bank for Import, Excise and other duties by the Nigeria Customs Service. This will enable the Bank to handle duty payments for its clients in addition to processing and issue custom bonds along with guarantees on their behalf.

According to the MD/CEO, Mr. Anya Duroha, “We are excited about this appointment because it would enhance efficiency and improve turnaround time for duty payments and other services offered by the Nigerian Customs Service for our clients”.

“This development is in line with the commitment of the Bank to be a one-stop solution shop for all trade and financial needs of its clients. The Bank is positioned to provide end to end quality banking services to our clients. I commend the management for obtaining and delivering on this mandate within a short period of time” stated the Chairman, Mr Phillips Oduoza.

NOVA Merchant Bank offers an integrated suite of financial solutions covering Wholesale Banking, Investment Banking, Asset Management, Wealth Management, Trade Services, Transaction Banking, Cash Management, and Digital Banking.

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GAIM 4 DRAWS: 13 New Millionaires Emerge In Fidelity Bank’s Savings Promo, Begin 2020 On A Happy Note

Gbemileke Ajayi

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Thirteen lucky customers of Fidelity Bank Plc have started the new year on a strong note having emerged millionaires in the third monthly draw of the Get Alert in Millions (GAIM) promo season 4 in Lagos on Tuesday. The bank also rewarded loyal customers with cash prizes worth N16 million in the categories of N2 million and N1 million respectively.

The electronic raffle draw, which was held at the bank’s Broad Street Branch, Lagos Island was witnessed by the relevant regulatory bodies including the National Lottery Regulatory Commission (NLRC), Lagos State Lotteries Board (LSLB) and Consumer Protection Council (CPC). Lucky customers who emerged winners in the draw cut across all regions of the country.

The winners include Dare Abiodun Emmanuel; Ugwu Philomena Nneka; Chinenye Catherine Olunna; Egberi Agbarha Kelvin; Ivang Stanley Oham; Chinelo Loveth Egbuchunem; Dare Abiodun Emmanuel; Itabiyi Gbolahan Olakunle Hassan & Adejoke Jokotade; Larei Chindo; Chigozie Darlington Emoka; Khadijah Umar; Muazzam Ad Maizare; Isabella Chekwube Uche; Omolade Bamitale Olatawura.

Others are Joseph James Abah; Oghenetega Emmanuel Erus; Blessing Chidinma Okafor; Loveline Uche Okonkwo; Nafisat Ali Lawal; Comfort Ita Asuquo; Mohammed Halima Sadiya, amongst others. The bank doled out 19 consolation prizes in form of fridges, television sets and power generating sets.

Speaking during the event, Managing Director/CEO, Nnamdi Okonkwo, noted it is the bank’s 9th promo in 12 years whilst adding that a total of N16 million and 19 consolation prizes will be given out at the third draw. Okonkwo who was represented by the Executive Director, Shared Services and Products, Chijioke Ugochukwu, further added that the draw will see a total of N50 million in cash and 54 consolation prizes to over 93 winners.

“We would have given out a total of N50 million in cash and 54 consolation prizes to over 93 winners. We expect more winners to emerge at subsequent draws because the promo is still on and in addition to the N50 million that we will be giving out, we still have N70 million and several consolation prizes yet to be won”, he said.

Shedding light on how people can qualify for the draw, Head, Savings Group, Fidelity Bank Plc, Janet Nnabuko, stated that both existing and new customers can win by simply topping their account with N10,000 for existing customers or someone opening a new account and building it up to N20,000.

She further disclosed that to qualify for the star prize of N3 million one needs to build his account to N50,000 while aspiring for the grand prize of N10 million, one only has to grow his account to N200,000.

Fidelity Bank is a full-fledged commercial bank operating in Nigeria with over 5 million customers that are serviced across its 250 business offices and various digital banking channels. The bank focuses on select niche corporate banking sectors as well as Micro Small and Medium Enterprises (MSMEs) and its currently driving its retail banking businesses through its robust digital banking channels.

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