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Entrepreneurs Remain Life Wire Of Nigeria’s Economy-UBA GMD
… As 100 exhibitors from 20 countries storms UBA marketplace
Joel Ajayi
The Group Managing Director and Chief Executive of UBA Kennedy Uzoka
has revealed that entereprenur in the country remains life wire of the Nigeria’s economy.
He stated this on Friday at the 2019 UBA Market Place & Tony Elumelu Foundation forum in Abuja.
He expressed that UBA have been providing superior financial services to small scale business, corporations, governments, institutions and individuals globally for more than seven decades and would not relent until they accomplish the aim and objectives.
According to him, Today is a wonderful day in the history of UBA, this is the bank that has operates for over 70 years
We operate in 20 African countries, UBA is a very important bank.
“We discovered that a gap that which enterprises like our should cover and that viod is how to bring in a buyer and a seller, people who want to exchange goods. That is why we are bringing customers together, we have started the online but we discover that we need the physical one, over 100 exhibitors from different countries are right here now.
“The whole ideal is to bring people together to interact and also to leverage on Tony Elemelu Foundation which give out money and at same time create a mentorship.”
Talking about the UBA commitment to the SME’s, he said the bank is working closely with CBN, Bankers to ensure people get enough training before money will be given.
“That is why we created a very strong SME’s desk for them to enjoy the benefit.
“In term of finance, we have enter into partnership with global organization to help derisk the market, the question is how to manage the risk in the business. We are committed, we have platform where we are teaching people about the account in our interaction with most of these SME’s
We are encouraging them on to maximize the profit.”
However, Mr Uzoka added that, UBA is not all about business, it’s also about given back to the society.
Speaking on the challenges of an entrepreneur One of foremost business experts Mr Jude Anele identified inability of entereprnuer having access to fund as the cog in the wheel of SME’s accelerate in Nigeria.
Speaking at the entreprenuer panelist on the topic: “A tale of grit: The making of an African entrepreneur” Anele said UBA and Tony Elemelu has creating a solution to the societal problem by creating environment for entrepreneurs in Africa to thrive.
More than 100 exhibitors from 20 countries in Africa, the UBA market place 2019 features food, fashion, beauty, home and decor, to ensure unforgatable experience for individuals and families visiting market place.
The fair is complemented by master classes, movies screening games, fashion shows and a star-studded clothing concept.
Featured
CSO Salutes Trump
A Civil Society Organization (CSO) under the aegis of Initiative for Leadership Development and Change (ILDC) has congratulated President Donald Trump as the 47th President of the United States of America.
Chief Ugochukwu Nnam, President of the CSO said this in an interview with the Newsmen in Abuja on Monday.
He expressed optimism over improvement on not just American economy but global economy with the inauguration of Trump.
“This is a man with greater vision of making environment around him great.
“In less than few hours of his inauguration, TikTok is back into existence, this shows how he is going to revive the world economy,” he said.
The ILDC boss who reiterated his confidence in Trump’s Presidency, described him as a man of clues and ideas to drive a stable America and the world at large.
He lauded Trump’s collaboration with global entrepreneurs like Elon Musk in an effort to revitalize America’s economy.
According to him, men and women of ideas flock together, they work together for better society and this is what Trump is doing.
Recall that Donald Trump became the 47th President of the U.S by polling 312 electoral votes Vice President Kamala Harris’ 226 votes in Nov, 2024.
Following the oath of office, Trump will address the nation before he is expected to parade across town to the White House and attend three inaugural balls in the evening
About 200,000 supporters are expected to visit the city to mark the presidential transfer of power.
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