Business
FBN Organises Training For SMEs’ Operators
Concerned about the
growth of Small and Medium Scale Enterprises (SME), in the country, the First Bank of Nigeria (FBN),has said that it would soon organise training for SMEs, operators.
The Bank Manager, Consumer Segment, Mr Akinfolarin Oluwafemi also said that the move was part of the bank’s effort to build capacity among SMEs.
Oluwafemi who was speaking during the bank’s product fair, said the move would contribute to the growth of the country’s Gross Domestic Product as SMEs employ the biggest number of workers in any economy in the world.
He noted that the industry would soon start holding SME seminars across Nigeria before May 2014, adding that the SMEs operators would be trained on how to develop their strategy.
The manager said the operators would also be trained on how to access finance and structure their company in a way that “you will have books that you can take to the bank and be able to access finance.”
He also added that the bank will soon launch a system that would enable her customers access loans without collateral.
The financial boss however, posited that customers wishing to access the said loan would undergo psychometric test to enable them access credit without collateral.
Business
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
