Leading The innovative financial institution Wema Bank has once again demonstrated its commitment to the growth and development of Nigerian small and medium-sized enterprises (SMEs) with the establishment of an SME Business School.
Wema Bank’s SME Business School, another premiere of the innovative bank, will equip SMEs with the fundamental management skills they need to run their businesses effectively and respond to challenges in a demanding business environment. According to the head of the retail department, Dotun Ifebogun, the school’s curriculum aims to fill the knowledge gap that plagues most of the country’s SMEs and leads to poor corporate structure and governance.
He announced that the bank is being supported for the school by the Frankfurt School of Finance and Management, Germany, with world class advisors inside and outside Nigeria acting as intermediaries.
Commenting on the school’s activities, Ifebogun said: “It is a free program that will take place twice a year in different regions of the country, starting with Lagos, with online and face-to-face events. The face-to-face event lasts five days and we want to train and support 3,000 SMEs over the next two years. ”Ifebogun also noted that the initiative would be a blessing for SMEs looking to expand and consolidate their market positions.
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