Union Bank of Nigeria has successfully empowered female entrepreneurs with the required skill needed to score higher margin in their entrepreneurial endeavors.

In line with the bank’s initiatives under its Small and Medium Enterprises (SMEs) business advisory programme, Union Bank has successfully staged an empowerment seminar in Lagos tagged; ‘Breaking Barriers Women in Business’ designed to provide Union Bank’s female SME customers with practical guides on how to surmount various challenges faced by small businesses in Nigeria with particular focus on business law, accounting and online marketing.

The bank’s Head of Retail Segments, Paul Aseme stated that… “We recognize that Nigerian SMEs face many challenges – especially during the start-up stage of the business. We are therefore organizing the seminars, bringing in accomplished entrepreneurs and professionals to share expert advice that will help them see female business owners establish a good foundation for their businesses, widen their exposure and expand their business connections.”

Other topics covered at the seminar include: ‘Understanding your business and the market’, ‘Online presence and visibility’ and ‘Business Law and application’. The topics discussed are to provide the SMEs with the essential knowledge they need to build sustainable businesses and thrive in the Nigerian marketplace.

The seminar had experts from Lagos Chamber of Commerce and Industry (LCCI), Legal experts from Amber Solicitors, Brand experts from SME Studio and representatives of renowned brands who shared tips on how to develop strong product and service brands.

Union Bank’s SME seminars are a frequent feature in its business advisory service and this recent edition was specifically organized for female entrepreneurs ahead of the International Women’s Day (IWD) celebrations.

The bank is committed to various SME funding schemes to assist SMEs in financing, expanding markets and enhancing competitiveness in the marketplace.