UBA Restates Economic Importance Of SMEs, Hosts Workshop

In its continuous bid to support the growth of Micro Small and Medium Enterprises (MSME) and equip them with the necessary tools aimed at strengthening and sustaining their businesses, the United Bank for Africa Plc will hold another workshop for entrepreneurs and business owners on Wednesday.
At the event holding via Microsoft Teams, professionals are expected to share their experiences and offer participants essential tips on how to take their businesses to the next level.
The workshop, the group said in a statement, holding in two separate sessions, will specifically target financial record keeping in business which has been established as one of the major challenges that business owners face and it promises to be an eye-opener to participants.
Facilitators already lined up include the Founder, Accounting Hub, Chioma Ifeanyi-Eze, who will offer insights and share practical knowledge on Bookkeeping and Accounting Basics for Small Businesses, while UBA’s Group Head, Tax Management, Emeka Amadi, will take participants though practical steps on Tax Management for Small Businesses.
UBA’s Group Head, Consumer and Retail Banking, Jude Anele, noted the bank’s deep passion to help small businesses, explained that as the engine of any developing economy, MSMEs should be armed with the necessary tools that will help galvanise their businesses.
This, he said, necessitated the regular MSME workshops organised by the bank to assist both its customers and non-customers to boost their businesses.
UBA, he stressed, “is committed to the overall growth of its customers beyond banking services, and the bank’s passion is hinged on ensuring that customers and entrepreneurs run businesses that can stand the test of time with the knowledge and experience required to take their businesses to the next level.
“Because of our interest in Businesses and customers, we conceptualised the SME workshop to fill the existing gaps observed in businesses thus assisting them to learn new ways of doing business and how to package their businesses for increased patronage,” Anele noted.
UBA’s Group Head, Marketing & Customer Experience, Michelle Nwoga, said the seminar is open to all business owners and leaders across Nigeria reiterated its important because of the long-term impact which range from strengthened confidence, skills, knowledge, and resources.
Participants who register for the session, will be trained in record keeping, cost reduction, stock compiling, financial and taxation planning, maximising opportunities, financial planning and projections.
Nwoga explained that the bank is on the constant look-out for top business personalities who are able to share their growth strategies with other upcoming business owners, adding, “Our business leaders for this workshop are experienced in every sense of the word and willing to share insight with others on how to grow their business.”
Amadi, a Chartered Accounting and Tax professional with 14 years’ experience, has facilitated several seminars and training to Finance professionals and sensitising SMEs on the importance of Tax and Accounting function in business value creations.
Chioma Ifeanyi-Eze, also a Chartered Accountant, and Founder, Accountinghub, a tech-accounting firm, is a recipient of several academic and entrepreneurial awards, as well as an amazing speaker and writer.