Firstbank SMEConnect: Experts advocate SMEs capacity building to grow economy

By Moses Nosike

Considering the role of SMEs in the growth and development of any economy, especially Nigeria, financial experts have requested for quick intervention on capacity building of SMEs in the country if Nigerian economy must grow as it is seen in other part of the world.

This they said during the quarterly edition of SMEConnect Webinar event organised by FirstBank to provide SMEs with the necessary knowledge, tools, and resources needed to thrive and compete favourably.

Dwelling on the themed: “Funding Your Growth: How SMEs Can Access Finance and Scale Faster,” the programme delivered actionable insights on how businesses can secure funding, leverage on digital solutions, and overcome operational hurdles. SMEs, entrepreneurs, during the session were advised to maintain proper book keeping which positions them to obtain loans in banks.

Speaking during the Webinar session, keynote speaker, Kemi Adeosun, former Minister of Finance, Convener of DashMe Foundation and Ni-Dacity said, “I’m passionate about the growing of SMEs, reason being that, for the economy of Nigeria to grow, we must develop our SMEs, and this what developed economies of the world have done.