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Union Bank Holds Empowerment Seminar for Female Entrepreneurs 

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As part of initiatives under its Small and Medium Enterprises (SME) business 

advisory programme, Union Bank recently organized an empowerment seminar for a cross 

section of female entrepreneurs in Lagos. 

The seminar tagged ‘Breaking Barriers – Women in Business’ was designed to provide

UnionBank’s female SME customers with practical guides on how to surmount typical challenges 

faced by small businesses in Nigeria with particular focus on business law, accounting and online 

marketing.

Union Bank’s SME seminars are a frequent feature in its business advisory service and this recent

edition was specifically organised for female entrepreneurs ahead of the International Women’s 

Day (IWD) celebrations.

According to Union Bank’s Head of Retail Segments, Paul Aseme:

“We recognize that Nigerian SMEs face many challenges– especially during the start-up 

stage of the business. We are therefore organizing these seminars, bringing in

accomplished entrepreneurs and professionals to share expert advice that will help these

female business owners establish a good foundation for their businesses, widen their 

exposure and expand their business connections.”

Topics covered include ‘Understanding your business and the market’, ‘Online presence and 

visibility’ as well as ‘Business Law and application’ all in a bid to provide the SMEs with the

essential knowledge they need to build sustainable businesses and thrive in the Nigerian 

marketplace.

There were facilitators from Lagos Chamber of Commerce and Industry (LCCI), Legal experts

from Amber Solicitors, Brand experts from SME Studio and representatives of renowned brands 

who shared tips on how to develop strong product and service brands.

Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

Business

BUA Crashes The Price Of Cement To 3,500 Per Bag, Promises Further Reduction {see full text}

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Why BUA Group Boss is still the most charitable billionaire 

BUA Crashes The Price Of Cement To 3,500 Per Bag, Promises Further Reduction {see full text}

BUA Group has proven itself as an organization that promises and delivers. This is not unconnected to the fact that BUA Cement has decided to bring down the price of Cement effective October 2, 2023.

 

BUA Crashes The Price Of Cement To 3,500 Per Bag, Promises Further Reduction {see full text}

 

 

According to a statement from the Cement manufacturer, the organization decided to bring the price reduction forward rather than waiting till when its new production lines were completed as it had earlier promised.

 

 

Based on the latest development, the ex-factory price has now been fixed at 3,500 NAIRA per bag, ‘so that Nigerians can begin to enjoy the benefits of the price reduction even before the completion of the new plants’.

The statement further revealed that upon completion of the new plants which will increase BUA production volume to 17million Metric tons per annum, the company intends to further review downwards the price of cement by first Quarter of 2024 in line with earlier promise.

 

See full text of the statement below:

 

BUA Crashes The Price Of Cement To 3,500 Per Bag, Promises Further Reduction {see full text}

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Business

“I am Sorry; I don’t Know What Came over me – Chioma Egodi Jnr Tenders Apology to Erisco Foods Over Misleading Facebook post

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“I am Sorry; I don’t Know What Came over me – Chioma Egodi Jnr Tenders Apology to Erisco Foods Over Misleading Facebook post*

*“I am Sorry; I don’t Know What Came over me – Chioma Egodi Jnr Tenders Apology to Erisco Foods Over Misleading Facebook post*

 

 

 

Facebook user, Chioma Egodi Jnr, has again come out to tender her apology to ERISCO Foods for her distorted claim against the leading indigenous food processing company.

 

 

 

 

“I apologise for any discomfort or inconveniences my actions may have caused by its release on the social media loop,” Egodi stated.

 

“I am Sorry; I don’t Know What Came over me – Chioma Egodi Jnr Tenders Apology to Erisco Foods Over Misleading Facebook post*

 

 

 

But her apology has elicited mixed reactions: while some condemned her for misleading Nigerians, others believe she may have been paid to bosh the image of the leading indigenous food processing company.

It will be recalled, on September 17, Egodi had alleged on her Facebook page, highlighting the high sugar content in the tomato paste and inviting her followers who might have used the same product to share their opinions.

In her apology letter, Chioma Egodi said she realized that she made a weighty mistake by lying about the product. She said she was deeply sorry for the harm she caused to the company, its customers and the public. She also said she would retract all her earlier posts on the matter immediately and do anything within her power to rectify all the things she did wrong.

In her words;

_“I sincerely wish to apologize to Erisco Foods Limited for the post I made on Facebook about their product Nagiko Tomatoe mix._

_“I am truly sorry Sir. I am sorry for the lies concerning the product. I am truly sorry Sir._

_“I regret my actions and wish to be forgiven._

_“I pledge that this type of bad behaviour will never happen again._

_“I undertake to retract all my earlier posts on this matter immediately, this is without compulsion._

_“I will do anything within my power to rectify all the things I did wrong concerning this matter._

_“Once again I’m very sorry for the damage done to the company, its customers and the general public._

_“Thank you Sir.’_

It is important to know, that the apology letter was duly signed by Chioma Egodi as the one who perpetrated the false claim and also signed by the husband as witness.

Media had earlier reported that the CEO of Erisco Foods Limited, Mr. Eric Umeofia vowed to sue Mrs Egodi for N5billion over the false review. He said the company suspected that Chioma Egodi was not a genuine customer and could not provide any proof to support her claim.

However, Mr. Eric Umeofia, has said that he has accepted Mrs Egodi’s apology and that he may withdraw the lawsuit against her provided if she will go ahead to post the hand written apology letter to the company on her Facebook page as agreed but if she failed to post it, the company would have no choice than to proceed with the N5billion lawsuit.

Defending the quality of Nagiko Tomato Mix, the National Agency for Food and Drug Administration and Control (NAFDAC) has released a statement saying, “the presence of sugar in Erisco’s Nagiko tomato mix is safe for consumption and is duly approved by the agency.

NAFDAC said, the product in question – Nagiko Tomato Mix by Erisco Foods Limited with NAFDAC Registration Number A8-7430 is duly registered.

“Sugar is added to these products for a number of reasons, including but not limited to masking bitterness, enhancing colour and flavour, improving texture and taste consistency, and as a preservative.

The safety limits of sugar in food products are determined by NAFDAC, and only sugar-containing products within these safety limits are approved by NAFDAC,” the statement read.

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Business

Osahon Okunbo: A philanthropist Nigerian international business man

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Osahon Okunbo: A philanthropist Nigerian international business man taken his rightful position in the league of achiever

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That Osahon Okunbo, a prominent figure in Nigerian international business, continues to ascend the ranks of high society, which recently seen him receiving recognition in New York, USA, during an official tour that included a meeting with President Bola Ahmed Tinubu, organized by Senator Asuquo Ekpenyong is no more news but how this visionary leader unwavering commitments to fostering a positive change within his community and beyond is what many people are marvel at His vision, leadership, and dedication, take him to the pinnacles of someone who cares deeply about making a positive impact on the society and the environment, and this he has seen him initiated many projects and programs that reflect his good intentions to people who surrounded him.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Osahon Okunbo: A philanthropist Nigerian international business man

 

 

Despite his tight schedule, this young man still has time for his staffs, a very meticulous who pays great attention to detail. He always reviews every document, presentation, and report before approving or sending them. Though he also expects the same level of quality and accuracy from his staff and colleagues, and with his loads of success and achievement so far it could be stated that this international man has not disappointed in delivery of good things.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A very passionate man who adores charity work, especially in the areas of education, health, and environmental sustainability. He has donated generously to various causes and organizations, and he also participates actively in fundraising events and campaigns. He often visits the beneficiaries of his charity work and listens to their stories and feedback.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Though he faces some challenges in managing his time and workload, but the ambitious in him often makes him to work long hours and takes on multiple responsibilities, which sometimes affects his health and well-being, but he is still not relent in making sure he got to the zenith of a success. He also struggles to balance his work and personal life, as he has a large family that he loves and cares for.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

While his passion for making a difference is unquestionable, he still believed there is room for Improvement. “I always feel flattered whenever people eulogizing my philanthropist way of life or praise me, but to me have not done anything, like I always tell people it is always my joy and happiness see people happy too”.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Okunbo has established a clear vision and direction for his organization. And so, the staff and colleagues are committed to delivering high-quality results. His passion for making a difference and creating value, is been driven by a sense of purpose and mission to contribute positively to the society and the environment.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“ His curiosity for learning and exploring new possibilities. He is always eager to acquire new knowledge, skills, or insights that could help him improve himself or his organization… His pride for excellence and achievement. He is always striving to deliver the best results, meet, the highest standards, or surpass the expectations.” Chorused his staffs when they were asked to comment on their indefatigable chairman

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

They continued

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“He emphasizes the importance of maintaining a balance to ensure sustained effectiveness. By implementing effective time management techniques and setting clear priorities, he can strike a better balance between his professional and personal life, ultimately increasing his efficiency and well-being. What excites us about working alongside our chairman is the opportunity to witness the direct impact of our efforts on the community. His passion is contagious, and the potential for positive change is limitless. Also, the dynamic nature of our industry is truly exhilarating. We are excited about the constant innovation and opportunities for positive change. It’s a field where we can make a tangible impact on people’s lives.”

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

They concluded

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Obviously, his expectations are lofty, and he aspires to attain exceptional results, with the aim of establishing himself as a leading thought leader of this generation. But his only fear, it seems, is not being able to maximize his potential impact. Overall, he embodies Definitely Okunbo is a passionate and driven leader committed to making a difference in the industry through his business.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mr. Okunbo, is a Nigerian native, a seasoned businessman and entrepreneur with over 15 years’ board and management experience in Nigeria across various industries, including oil and gas services and facilities engineering, procurement, construction (EPC) and project management. In addition to oil and gas he holds various leadership positions across various non-oil sector industries such as hospitality, agriculture and aviation. Mr Okunbo sits as an executive and non-executive director of various companies, which employ directly and indirectly over 6,000 Nigerians.

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