By Merit Ibe
First City Monument Bank (FCMB) is driving entrepreneurial growth across Nigeria through its Business Empowerment Sustainability and Training (BEST) masterclass program, which traversed the Southeast, South-South, and parts of Northern Nigeria.
The program empowers start-ups and existing entrepreneurs with essential skills and capabilities to scale and sustain their businesses for long-term success.
Building on this momentum, FCMB will launch the next phase of the BEST masterclass program, scheduled for March 12 to 21, 2025, in Ogun, Oyo, Kwara, Osun, and Ondo States. Start-ups and business owners will undergo comprehensive training sessions on critical aspects of business management. The masterclass, which includes interactive workshops, will be facilitated by seasoned industry experts and accomplished business leaders. It will also provide participants with networking opportunities and mentorship.
Commenting on the initiative, Yemisi Edun, Managing Director of FCMB, said, “We are building sustainable business success in Nigerian communities by closing entrepreneurial gaps. This will drive innovation, growth, competitiveness, job creation, and long-term economic health.”
Edun further emphasized, “Investing in entrepreneurial talent is an investment in Nigeria’s future, strengthening the private sector’s capacity to drive national economic progress.”
The masterclass will cover financial literacy, digital marketing, operational optimization, sustainable business practices, and strategic planning, equipping participants with the necessary competencies to stay competitive.
Participants will also engage in knowledge-sharing sessions, fostering collaboration and enabling them to navigate challenges while capitalizing on opportunities.
George Ogbonnaya, Divisional Head and Senior Vice President of Business Banking at FCMB, highlighted the bank’s dedication to empowering SMEs. “Our BEST masterclass is a strategic intervention, providing SMEs with the essential skills and resources to navigate and excel in a dynamic market.”
Ogbonnaya concluded, “We are bridging the capacity gap, opening market access, and intend to deliver tailored financial solutions that will empower entrepreneurs in Ogun, Oyo, Osun, Kwara, and Ondo states to achieve lasting prosperity.”
Since its launch in 2018, the Business Empowerment Sustainability and Training initiative has trained and empowered over 44,278 entrepreneurs.