Wema Bank Trains SMEs on Basic Business Management

CEO/Managing Director, Wema Bank Plc, Ademola Adebise

In a bid to run businesses effectively and respond to challenges in the dynamic business environment for small and medium scale enterprises, Wema Bank through its maiden SMEs Business School has equipped Micro, Small, and Medium Enterprises with basic management knowledge.

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The five-day training program was held in Lagos with 50 participants trained on using a robust curriculum spanning finance, marketing and sales, leadership, technology, branding, strategy, innovation, and business transformation with highly qualified trainers.

The Head, Small and Medium Enterprises, Wema Bank, Arthur Nkemeh, said, “For us, it is not just about our customers. It is about our passion for supporting and developing SMEs, creating employment, and impacting the economy.

“SMEs consist of about 90 percent of the businesses in the country and they are the highest employer of labour. If we continue to support MSMEs to grow their businesses and scale, they will create more employment and impact the entire ecosystem.”

According to Nkemeh, the training affirmed the bank’s commitment and passion for MSMEs that it had supported over the years as the SME- centric bank.

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“So, we are trying to help SMEs to scale and learn better ways of doing their business with top-notch consultants from within and outside Nigeria. Part of our curriculum speaks to leadership, finance, marketing, business management, innovation, business transformation, and strategy,” he added.

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