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NIGERIA: Fidelity Bank Hosts National Capacity Building Webinar For SMEs

Fidelity Bank has announced its maiden SME training, aimed at empowering entrepreneurs.

Nigeria's Fidelity Bank is set to organise a National Capacity Building Webinar For Small Medium Enterprises (SMEs) in the country.

The bank has said the programme is part of its efforts to assist entrepreneurs across all sectors of the Nigerian economy develop requisite capacity to unlock their full potentials and take their businesses to the next level of growth.

Targeted specifically at existing businesses operating in critical sectors of the economy including trade and commerce, manufacturing, hospitability, education, entertainment, transportation and agriculture, these virtual sessions will take place across the country on a state-by-state basis, with the maiden edition slated for Enugu State on January 27, 2021 by 10am.

Fidelity Bank says the Enugu event is organised in collaboration with the Enugu State Ministry of Trade and Commerce and the Enugu SME Centre; Small and Medium Enterprises Development Agency of Nigeria (SMEDAN); Nigeria Association of Small & Medium Enterprises (NASME) and Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA).

Themed “Funding and Financial Management”, the Enugu Edition will have in attendance special guests including Monica Ugwuanyi, first lady, Enugu State; Robert Anwatu, managing director/chief executive officer, Roban Stores; and Chiedozie Atuegwu, director, Michelle Laboratories Limited.

Other discussants billed to participate in the webinar are subject matter experts with respect to funding and financial management for SMEs as well as model entrepreneurs who will share their success stories with participants.

Image Source: Nairametrics

The SME Webinar seeks to help the participating MSMEs grow their businesses by educating them on the best measures to take in managing their finances, improving their sales, and developing their business in general.

The maiden session would look to provide practical information, skills, and resources to help entrepreneurs become better managers of their businesses. The Bank has embarked on virtual SME-based events, to adhere to the social distancing guideline essential to promoting the safety of every participant in view of the COVID-19 pandemic.

Nigeria In Focus:

Population: 206.6 million (Compared to South Africa's 59.6 million)

GDP: $504.57 billion (Compared to South Africa's $369.85 billion)

GDP Per Capita: $2,465 (Compared to South Africa's $6,193)