Abuja, Nigeria – SheVentures, the women-focused banking arm of First City Monument Bank (FCMB), has teamed up with the Women Enterprise Alliance (WENA) to boost female entrepreneurship in Nigeria’s Northcentral region. The partnership will provide funding, training, and market access to over 150 women-led SMEs, with top performers securing grants up to ₦5 million.
Key Benefits for Women Entrepreneurs
Access to Finance: Low-interest loans and investor grants
Capacity Building: Business training and mentorship programs
Market Expansion: Networking opportunities with industry leaders
Top-Tier Rewards: ₦5M grants for the three highest-performing SMEs
“Empowering women isn’t charity—it’s smart economics,” said Nnenna Jacob-Ogogo, Group Head of SheVentures. “When women thrive, communities prosper.”
Why This Matters
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SME Impact: Women run 41% of Nigeria’s SMEs but face funding gaps.
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Regional Focus: Targets underserved Northcentral states (Benue, Kogi, Plateau, etc.).
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Long-Term Vision: Aims to create a sustainable pipeline for female-led businesses.
“This is about leveling the playing field,” added Florence Onwumere of WENA. “We’re building tomorrow’s business leaders today.”
