Skye Bank Holds Seminar For SMEs Operators In Lagos | Independent Newspapers Limited
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Skye Bank Holds Seminar For SMEs Operators In Lagos

Posted: Jun 3, 2015 at 2:00 am   /   by   /   comments (0)

By Ikechi Nzeako  – Lagos 


After the success it recorded in Onitsha, Anambra State last month, Skye Bank Plc has held the Lagos edition of its seminar for business owners in the Small and Medium Enterprises (SMEs) sector.

The event was attended by over 200 participants held at NECA Hall, Alausa, Ikeja, Lagos State. It especially focused on the school and hospitality sectors of the economy.

Speaking at the event, the Group Managing Director (GMD) of Skye Bank, Mr. Timothy Oguntayo, explained how small and medium enterprises are major contributors to employment in Nigeria and other countries worldwide.

Oguntayo listed the importance of small and medium enterprises to the Nigerian economy and added, “Skye Bank wants to facilitate knowledge sharing and offer banking solutions that will help businesses. There is no way for multinationals to employ all the teeming young people who are seeking employment, therefore, the role of SME’s in employment cannot be over emphasised.”

The seminar was focused on how to help small and medium enterprises operators write bankable business plans and access loans to carry them out.

Keynote speaker at the event and Vice Chairman of Tantalizers plc, Mr. Folu Ayeni, shared his success story on the rapid growth of Tantalizers from a small living room venture to a large-scale business with 53 outlets nationwide

Ayeni recalled how Skye Bank provided the initial N2.5 million seed capital that was used to start the business.

The Tantalizers boss urged the participants to come up with bright, profitable business ideas, and package the ideas properly, saying: ‘If no one is listening to your ideas, go to Skye Bank.”

However, statement, Mrs. Funke Fowler-Amba, the Boss of Vivian Fowler Memorial Sschoo, urged the participants to get training on their vision in order to make it a reality.

She urged them to follow their dreams and be passionate about what they do, adding ther.

The SME initiative was part of Skye Bank’s contribution towards encouraging small businesses, thus developing the Small and Medium Enterprise (SME) sector of the Nigerian economy.