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Wednesday, December 4, 2019 /01:35 PM /Ecobank / Header Image Credit: Ecobank
Ecobank
Nigeria has been commended for supporting budding entrepreneurs and small and
medium enterprises (SMEs) in the country. This came at the backdrop of the
support provided by the bank to young entrepreneurs who were selected as
beneficiaries of the 'Unusual Entrepreneurs" program, an initiative of the
Catholic Church of Divine Mercy, Lekki Lagos.
Speaking at the presentation of cheques to the 251
young entrepreneurs, the Parish Priest, Catholic Church of Divine Mercy, Lekki,
Monsignor, Pascal Nweazeapu, said this action by Ecobank shows a clear
alignment to the vison of supporting employment amongst the teeming youth
population in the country. He noted that the scheme was initiated also to
empower those who show demonstrable interest in business so that they can bring
these ideas to fruition. The beneficiaries were given seed funding ranging
from N50,000 to N1million to start their businesses during the church's 'Unusual Night of Praise" in Lagos,
Also speaking, Chairman of Unusual Entrepreneurs Committee and President of
Transcorp Hotel, Mr. Valentine Ozigbo, said the 'Unusual Entrepreneurs' program was to empower the participants to grow their businesses, improve
their economic status and fend for themselves and their families and also
contribute meaningfully to nation's economy.
Ozigbo added: "The essence is to be able to empower men and women economically
as they are also filled spiritually. We believe that with this combination,
they would have more reason to believe and trust in God. "But beyond that, they
are able to fend for themselves, and those around them. We want them to run
successful businesses, hence we matched them with mentors; people who have been
so well established in what they do. So basically, they handhold them, watch
them all through the journey, and we have seen a lot of testimonies already. We
are highly delighted that Ecobank is partnering with us in this laudable
initiative."
In his comment the Managing Director, Ecobank Nigeria, Patrick Akinwuntan
pledged the bank's continuous support to budding entrepreneurs to enable them
grow and nurture their businesses to support the rapid development of the
nation's economy. The managing director said the decision to partner with
Unusual Entrepreneurs was part of a deliberate policy of the Bank to assist
upcoming businesses to grow, stressing that the main objective of the pan
African bank is to contribute to the economic development and financial
integration of the continent.
Speaking in the same light, Executive Director,
Commercial Banking, Ecobank Nigeria, Carol Oyedeji said the bank will
avail the young entrepreneurs its cutting-edge technology, digital payment
solutions, funding opportunities and lifestyle products to enable them achieve
stability and profitability.
According to her, "To the beneficiaries of this year's empowerment
scheme, you have our full support. We pray that God gives you the
grace to employ the capital, the learning, the mentoring and the
networking to expand your business. We look forward to seeing your business
become big enterprise in the nearest future."
The "Unusual entrepreneurs" an initiative of
the Catholic Church of Divine Mercy, Lekki, is aimed at providing funding,
business training and mentorship for young entrepreneurs in Nigeria.
Ecobank Nigeria parades cutting-edge technology
products, digital payment solutions and lifestyle products such as EcobankPay
collections, Ecobank Online, OmniLite, *326#, Ecobank Supersavers and
Xpresspoint. It is a subsidiary of the Ecobank Group, the leading
independent pan-African banking group. The Ecobank Group employs over 15,000
people and serves about 20 million customers in the consumer, commercial and
corporate banking sectors across 33 African countries. The Group has a banking
licence in France and representative offices in Addis Ababa, Ethiopia;
Johannesburg, South Africa; Beijing, China; London, the UK and Dubai, the
United Arab Emirates. The Group offers a full suite of banking products,
services and solutions including bank and deposit accounts, loans, cash
management, advisory, trade, securities, wealth and asset management. ETI is
listed on the Nigerian Stock Exchanges in Lagos, the Ghana Stock Exchange in
Accra, and the Bourse Regionale des Valeurs Mobilieres in Abidjan.
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