FCMB Promotes Business Among Youths

By  |  August 20, 2018

First City Monument Bank has sponsored an initiative in capacity building for nearly 1,000 members of the National Youth Service Corps (NYSC) scheme in Abuja, Nigeria. 

Christened as “Youth Entrepreneurship and Empowerment Program”, the initiative was held in collaboration with Activate Success Foundation. It was an interactive and exciting session which provided an avenue for the youths to have an inward look in themselves, develop and deploy their business skills with the help of practical training offered and facilitated by experts and successfuls in the business environment.

In accordance with FCMB, the development will go a long way to empower corps members and youth in general with the requisite resources needed to venture into entrepreneurship, start and grow meaningful businesses during and after their service year to the fatherland. The bank said the training was essential as youths need to become financially independent and contribute significantly to national development.

The Executive Director Retail Banking at FCMB, Olu Akanmu, said that the initiative is in correspondence with the commitment of the lender to provide avenues that would give youths the enablement to become actively engaged and eventually become successful business owners.

According to Olu, FCMB Flexx account is in the empowerment of Nigerian youths as it concerns entrepreneurial and employability skills they require. He said a good number of youths start their own businesses from campuses, and that FCMB will be there to provide them with the relevant skills they require to steer to greater heights in their ventures.

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According to him, FCMB will as well provide relentless support for the businesses started by youths, and work with them to nurture the various ventures.

Founder of Activate Success, Love Idoko, said: “I have a penchant for motivating people. There are business-minded youths out there who are just on the lookout for mentorship and funds to get their businesses off the ground”. According to Love, the purpose is not only to award them grants but also to empower and motivate as many youths as possible.

A member of the Lagos State House of Assembly, Hon. Desmond Elliot; the CEO of Vodi Tailors, Seyi Adekunle, and Executive Director of YIAGA Africa, Samson Itodo, were among the facilitators of the program. At the conclusion of the event, NGN 2.7 Mn was given as grant to some of the corps members whose business ideas proved excellent and had all the makings of a successful venture.


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