Business
Sterling Bank, QSE Foundation To Empower Women
Sterling Bank Plc, through its One Woman Proposition, has collaborated with the QSE Foundation to empower women in the Ikate Elegushi community of Lekki in Lagos State by providing them with credit facilities.
The programme for empowering women, which is a focal point for One Woman at Sterling Bank, will enable the women to scale up their existing businesses while also positioning Sterling Bank Plc as a gender-centric organization.
Speaking at the presentation ceremony, Gbenga Adegoke, Group Head, Products and Proposition with Sterling Bank, said the empowerment programme is an integral part of the bank’s partnership with QSE Foundation, founded by Olori (Queen) Sekinat Aramide Elegushi.
He disclosed that the One Woman Proposition of the bank recently partnered with the QSE Foundation to organize free breast cancer awareness for women in the Ikate community as part of activities to mark the global Cancer Day, which held recently.
Also speaking, Ifunanya Ugboko head of One Woman Proposition, said it was important to ensure female owned businesses thrived, lifting a lot of women out of poverty. She also mentioned the empowerment program for the women would be done in various phases, She explained that they had analysed each beneficiary and structured the loans according to their needs and capacities, adding that those who have big businesses were given as much as N300,000 and above.
In partnership with OneWoman, EveryNanny team was present at the woman empowerment programme. Adaobi Ugha, Head, EveryNanny said that although the EveryNanny was created to assist homes/parents with stress-free parenting and domestic care support, it has provided jobs opportunities for over 2000 women in Lagos and across Nigeria in the past two years.
This is because Every Nanny has evolved beyond providing nanny services to rendering other services like home tutor, elderly care, cooks, housekeepers etc. on its platform. Overall, Every Nanny has empowered women financially/economically whilst providing domestic care support for homes.
Olori Sekinat Aramide Elegushi, who celebrated her 45th birthday recently, expressed appreciation to Sterling Bank for partnering with her foundation and assisting her to fulfill a long held desire to support some of the women who have existing businesses with micro loans in her community.
The One Woman proposition was designed to identify and proffer tailor made solutions for the Nigerian woman, this solution cuts across an array of different value-add offerings to meet financial, business and personal needs of women, to foster support by providing platforms for women to support other women. ensuring women live a fulfilled life.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
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