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Wema Bank hosts webinar to empower Nigerian SMEs

by Business News Report

Wema Bank Plc is to host an online training for small and medium enterprises in Nigeria. The event themed ‘Leveraging Exports for Business Growth: Strategy and Resources for Small Businesses will have key industry experts in banking, international trade and finance and business ethics as panellists. This is the fourth edition of the webinar.  Aimed at showing SMEs the rich potentials in the export business and how they can tap into the goldmine for growth and profit, it will feature three speakers and a moderator.

They include the Head of Central Operations and Trade Services at Wema Bank, Mercy Olagundoye, and the MD/CEO, Starlink Global and Ideal Limited, Adeyemi Adeniji, a foremost and large exporter of agricultural commodities in Nigeria. They will be joined by the Lead Consultant, 3T Impex Trade Academy, Dr Bamidele Ayemibo, a member of the International Chamber of Commerce (ICC) Working Group on Trade Digitalisation and Blockchain in the world. The session will be moderated by the Editor of BusinessDay Weekender, Lehle Balde. Speaking on the importance of the webinar, Head, Small and Medium Enterprises (SMEs), Wema Bank, Arthur Nkemeh, reiterated the bank’s belief in the empowerment and growth of SMEs because of their importance in the economy.

He described the SME sector as the backbone of major developed economies, and important contributors to employment and economic growth as critical contributors to the national Gross Domestic Product (GDP). He added that players in the sector need all the support and upskilling they can get to become more profitable and grow their businesses. “The webinar is a continuation of our efforts to equip SMEs with the basic management knowledge required to grow their businesses and tap into the huge goldmine in the export sector, particularly agriculture. Nigeria is renowned as a leading oil exporter, but there are other agricultural commodities that our facilitators would focus on. They will tell participants about all the required documentation they will need to become dominant players in the export sector and how to comport themselves ethically.

The webinar is another of the many efforts of Wema Bank to equip SMEs with the essential management knowledge required to run their businesses and respond to challenges in a demanding business environment. 

The bank organised an SME Business School in June and October this year, aimed at equipping SMEs with the basic management knowledge required to scale their businesses and respond to challenges in a demanding business environment.

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