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DBN Seeks Entries for 2021 Entrepreneurship Training Programme

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2021 Entrepreneurship Training Programme

By Aduragbemi Omiyale

Small business owners have been urged to submit entries for the 2021 Entrepreneurship Training Programme organised by the Development Bank of Nigeria (DBN) Plc.

The training scheme is expected to commence from August 16 to October 14, 2021, but entries for the programme will open from July 5 to August 1, 2021.

Interested Micro, Small and Medium Enterprises (MSMEs) would be required to apply through the bank’s online application portal at www.devbankng.com.

Business Post reports that intending candidates must be 18 years and above and must be citizens as well as legal residents in Nigeria. They must be available to commit to the training schedule once accepted.

Additionally, the businesses must be based and registered with the Corporate Affairs Commission (CAC) in Nigeria, across all sectors.  A total of 1,000 would be selected by the lender for the training.

The MD/CEO of DBN, Mr Tony Okpanachi, disclosed that, “Upon submission of the application form, an email confirming receipt will be sent to the applicant within 24 hours.

“Applicants will be screened and shortlisted at the close of the application based on the eligibility criteria and selection will be carried out using the defined selection criteria from the pool of shortlisted applications.

“All successful applicants shall be informed by email and phone calls, using the details supplied on the application portal.”

He said the programme will be implemented in phases over three months and participants would be empowered with the requisite business knowledge and skills to upscale their businesses amidst the challenges of the new normal posed by the COVID-19 Pandemic.

“As a Development Financial Institution established to bridge the financial gap through our Participating Financial Institutions, our strategic focus is providing liquidity, credit guarantee, and capacity building for MSMEs to be more productive.

“The capacity building initiative is an integral part of the bank’s mandate to drive economic growth by empowering MSMEs with the skills required to improve their capacity and productivity.

“So, our objective, in a nutshell, is to equip entrepreneurs across sectors of the Nigerian economy with the requisite management skills to develop viable business plans, access funds, and effectively manage their business growth. Through this training, we will enhance their entrepreneurial and managerial competencies,” he added.

However, Mr Okpanachi emphasised that the programme does not qualify any participant for grants or guaranteed loans at the end of the training.

But he assured that successful candidates would benefit from the content and advisory services which will be given by industry experts in addition to the DBN Entrepreneurship Training Certificate.

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FCT Communities Get Food Packs from Fidelity Bank

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fidelity bank

By Modupe Gbadeyanka

Some food packs have been distributed to residents of the Federal Capital Territory (FCT) Abuja recently by Fidelity Bank Plc as part of i​ts Corporate Social Responsibility (CSR) initiatives under the Fidelity Food Bank.

This is one of the key pillars of the bank’s CSR strategy, focusing on health and social welfare. As a nationwide project, the initiative seeks to provide food relief to underserved communities across Nigeria, with a particular focus on supporting women and children.

Officials of the financial institutions distributed the food items to seven communities in the Mabushi district of the FCT.

One of the beneficiaries, Mr Mukhtar Mohamed, expressed his gratitude to the bank, acknowledging the significant impact of food distribution.

Similarly, the District Head of Mabushi Community, Mr Hassan Danagna, commended Fidelity Bank for its generosity and its impact on the community.

“Fidelity Bank’s support to our community is unprecedented, and we are deeply grateful for this initiative, which provides relief to vulnerable households and less privileged families.

“Given the current economic challenges, this support is timely, particularly as we approach the holy month of Ramadan,” Mr Danagna stated.

Speaking at the distribution event, the Executive Director for North at Fidelity Bank Plc, Mr Sufiyanu Garba, emphasized the lender’s commitment to community development and its alignment with Sustainable Development Goal 2, which seeks to eradicate hunger.

“This initiative stems from our deep-seated responsibility to support underserved communities and contribute to the fight against hunger in Nigeria.

“At Fidelity Bank, we firmly believe that by addressing the root causes of poverty and hunger, we can make a meaningful impact on the lives of those in need.

“While we may not be able to solve all societal challenges, our contributions are making a difference, as evidenced by the positive feedback we continue to receive,” Mr Garba said.

“We recognize the importance of fostering growth and prosperity within the communities where we operate. By investing in their well-being, we contribute to the creation of a more sustainable and equitable society,” he added.

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Over 100 Exhibitors for 2025 Oja Oge by Ecobank

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Oja Oge by Ecobank

By Modupe Gbadeyanka

The second edition of Oja Oge by Ecobank Nigeria Limited will attract more than 100 exhibitors, who will showcase their products to potential customers.

The 3-day fashion, beauty, wellness, and lifestyle exhibition will take place at the state-of-the-art Ecobank Pan African Centre (EPAC) in Lagos from April 18 to 20, 2025, at 10 am.

The financial institution is organising the 2024 edition following on the immense success of its first edition last year.

This programme will have exhibitors displaying a wide range of fashion, beauty, wellness, and lifestyle products, as well as entertainment offerings.

Oja Oge by Ecobank provides a dynamic platform for businesses to engage with a diverse audience of shoppers and entrepreneurs.

Already, Ecobank Nigeria has partnered with leading corporates in the telecoms, payments, airline and FMCG space – Airtel Nigeria, Flutterwave, Qatar Airways and Maltina respectively to deliver this second edition of its premier fashion pop up event Oja Oge over the Easter weekend.

Oja Oge by Ecobank offer premium entertainment and provide a platform for local vendors to showcase and sell their products to a wider audience.

Participants will also have the chance to network and build relationships, gaining access to new markets. For us, as a Pan African bank, supporting small businesses in this way is a core part of our mission,” the Head of SME, Partnerships, and Collaborations at Ecobank, Ms Omoboye Odu, stated.

“Participation is free, and we invite everyone to come along with family and friends to enjoy the fair. It’s not just about buying and selling; it’s an opportunity to experience the creativity and luxury of current fashion and lifestyle trends, alongside a variety of music, food, and entertainment,” she added.

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874 Stanbic IBTC Bank Customers to Win N130m in Reward4Saving Promo Season 4

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Stanbic IBTC Bank seamless transactions

By Dipo Olowookere

About N130 million has been set aside by Stanbic IBTC Bank for 874 of its lucky customers in the Reward4Saving Promo season 4.

This year’s campaign, which was launched recently, has more cash prizes, providing customers even more chances to save and win big.

The promotion encourages Nigerians to develop a savings culture and reward their loyalty. Simply fund your new or existing savings or @ease wallet with a minimum of N10,000 for at least 30 days. The more multiples of N10,000 they save, the higher of their chances of winning.

To participate, eligible individuals must maintain a minimum balance of N10,000 in their Stanbic IBTC Bank Savings Accounts or @ease Wallet for at least 30 days to be automatically entered into the promotion.

Non-account holders are encouraged to open Stanbic IBTC Bank Savings Accounts and maintain a balance of N10,000 to participate. Winners will be selected through a transparent random draw process and receive exciting cash prizes ranging from N100,000 to N5 million.

To lend credence to the transparency of the winners’ selection process in the Reward4Saving Promo, the draws are usually supervised by representatives from National Lottery Regulatory Commission (NLRC) and Advertising Regulatory Council of Nigeria (ARCON).

The promo has won The Most Transparent Consumer Promotion Award, two years in a row at the Industry Awards.

The financial services provider in Nigeria said it created this campaign to reinforce its commitment to fostering a strong savings culture among Nigerians.

“We are committed to empowering our customers to achieve their financial goals.

“The Reward4Saving Promo is our way of saying ‘thank you’ to our loyal customers and encouraging them to develop a savings culture,” the chief executive of Stanbic IBTC Bank, Mr Wole Adeniyi, stated.

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