{"id":34844,"date":"2019-09-25T10:34:12","date_gmt":"2019-09-25T09:34:12","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=34844"},"modified":"2019-09-25T10:34:12","modified_gmt":"2019-09-25T09:34:12","slug":"uba-lcci-to-create-value-for-smes-at-2019-lagos-intl-trade-fair","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/uba-lcci-to-create-value-for-smes-at-2019-lagos-intl-trade-fair\/","title":{"rendered":"UBA, LCCI To Create Value For SMEs At 2019 Lagos Int\u2019l Trade Fair"},"content":{"rendered":"<p class=\"yiv7658796155MsoNormal\">United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry(LCCI), have assured small medium enterprises (SMEs)\u00a0that the 2019 Lagos International Trade Fair will\u00a0bring far reaching benefits that will help transform their businesses\u00a0and take it to the next level.<\/p>\n<p class=\"yiv7658796155MsoNormal\">UBA\u2019s Head Group Consumer Retail Business, Mr. Jude Anele, who gave this assurance on Tuesday at a press conference\u00a0to officially herald the 2019 Lagos international Trade Fair\u00a0as well as unveil sponsors of the trade fair, said that Africa\u2019s global bank has put in place various service offerings to guarantee that this year\u2019s fair provides a veritable platform to catalyse businesses to new highs.<\/p>\n<p class=\"yiv7658796155MsoNormal\">He explained that the 33<sup>rd<\/sup>\u00a0edition of Lagos International Trade Fair scheduled to commence on November 1st, 2019 is expected to provide an avenue for networking, trade and investment bound to boost business activities in Africa\u2019s largest economy and by extension, Africa.<\/p>\n<p class=\"yiv7658796155MsoNormal\">While\u00a0ensuring that SMEs maximise their presence at the fair, Anele explained that UBA would provide an uninterrupted banking services during the two-week event, and also providing advisory services to the small and medium entrepreneurs, fundamental to achieving their business goals.<\/p>\n<p class=\"yiv7658796155MsoNormal\">\u00a0He said, \u201cWorthy of mention is that merchants and entrepreneurs from other African countries and abroad would be able to conduct their transactions\u00a0seamlessly without currency exchange hassles, using the extensive reach of UBA as a pan African bank with presence in key commercial capitals in the world,\u201d<\/p>\n<p class=\"yiv7658796155MsoNormal\">\u00a0\u201cWe have realised that critical to the success of SMEs in Africa is not necessarily access to finance, but their understanding of business and accounting mechanisms, process and procedures critical to their growth and existence especially on e-commerce, tax management, and bookkeeping and access to funding, and these are issues which we are trying to address,\u201d he said.<\/p>\n<p class=\"yiv7658796155MsoNormal\">Speaking on\u00a0the\u00a0ease of payment during the event, especially with African companies from outside Nigeria, Anele\u00a0disclosed that\u00a0UBA has successfully put in place solutions that would see ease of payment within Africa.\u00a0 \u201cUBA will\u00a0be deploying state-of-art Point of Terminals(POS) configured towards ensuring merchants receive immediate values in currencies of their choice,\u201d Anele assured.<\/p>\n<p class=\"yiv7658796155MsoNormal\">The Bank further said that in line with its unflinching support to the growth of small and medium enterprises (SMEs), it has reached\u00a0an\u00a0agreement with the organisers of the fair\u00a0to give\u00a020% discount to its small and medium business customers who register to showcase\u00a0their\u00a0products and services at the fair.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"yiv7658796155MsoNormal\">A key activity at this year\u2019s\u00a0fair\u00a0is the Africa Special Day, to be organised by UBA to\u00a0promote Intra-African Trade. \u201cAt\u00a0UBA, we believe that Africans must grow trade and investment amongst themselves. In pursuits of that goal, Africa Special Day will seek for the promotion of trade and investment among African countries.\u201d<\/p>\n<p class=\"yiv7658796155MsoNormal\">Also speaking, the Chairman, Trade Promotion Board, Mr. Gabriel Idahosa promised that the 33<sup>rd<\/sup>\u00a0edition of West Africa\u2019s flagship fair would bring utmost value to entrepreneurs and businesses in Nigeria and beyond as he acknowledged the massive supports being provided by corporate organisations such as UBA<\/p>\n<p class=\"yiv7658796155MsoNormal\">\u201cAt\u00a0UBA, we have chosen a suitable partner with extensive reach on the continent with capacity to engineer a seamless financial transactions expected of international trade fair of this magnitude,\u201d he said.<\/p>\n<p class=\"yiv7658796155MsoNormal\">Speaking further on the partnership with UBA, he said: \u201cThe LCCI and UBA has partnered to give exciting services to visitors and exhibitors at the fair. UBA is a foremost Pan African financial institution operating in\u00a020 African countries, the United Kingdom and the USA and France, thus offering unique services to the delight of visitors and exhibitors during the fair.\u201d<\/p>\n<p class=\"yiv7658796155MsoNormal\">According to Idahosa, 40,000 square metres of exhibition spaces are available with over 2,000 exhibitors from 16 African countries and\u00a0 200 foreign exhibitors expected in Lagos.<\/p>\n<p class=\"yiv7658796155MsoNormal\"><em><strong>Photo Caption: From Left-Chairman, Operations Committee, Trade Commission Board, Lagos Chamber of Commerce and Industry(LCCI) Engr. Ojo Banjoko; Head, SME Sales, Airtel Nigeria, Toyin Seriki; Chairman, Trade Promotion Board and Vice-President, Lagos Chamber of Commerce and Industry(LCCI), Mr Gabriel Idahosa; and Group Head, Consumer and Retail Banking, United Bank for Africa (UBA) Plc, Mr. Jude Anele; at the Press Conference organised by LCCI, the headline partner, UBA Plc with other partners, on the upcoming Lagos International Trade Fair 2019 in Lagos on Tuesday<\/strong><\/em><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry(LCCI), have assured small medium enterprises (SMEs)\u00a0that the 2019 Lagos International Trade Fair will\u00a0bring far reaching benefits that will help transform their businesses\u00a0and take it to the next level.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":34845,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[636,727],"coauthors":[2391],"class_list":["post-34844","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-lcci","tag-uba"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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