• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Access Bank Restates Commitment To Women Empowerment

by Olushola Bello
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

 

Advertisement

Access Bank has restated its commitment to support women and give them the boost they need for their businesses to thrive.

The bank said this yesterday during the Access Bank International Women’s Day (IWD) Conference 2023, held in Lagos with the theme ‘Embrace equity’.

Speaking, Group head of W Initiative at Access Bank, Abiodun Olubitan said: ‘Access Bank will continue to support women as they seek other opportunities to support and give them the boost they need for their businesses.’

According to her, “we gave out N40.5 billion to over 64,845 women SMEs in 2022. It was for women in businesses who had 50 per cent or more holding of the business or own the business with a man but they have controlling shareholding or they are directing the business because that is our criteria of identifying women owned or women led businesses.”

RELATED

Equities Market Extends Rebound With N204bn Gain

Equities Market Extends Rebound With N204bn Gain

13 hours ago
Flight Cancellation: NCAA Launches Complaints Automation Portal

NCAA Launches First SERVICOM Integrated Service Charter

13 hours ago
ADVERTISEMENT

She stated that “this year, we are looking at about N100 billion for women because we want to continue to support and as we see other opportunities to support women with their businesses.”

Speaking on the theme of IWD, Group managing director/chief executive officer of Access Holdings, Herbert Wigwe said: “today event is about taking the resources and opportunities that exists and recognizing the differences in individuals while ensuring that we all arrive at the same goal. Equity seeks to make sure that everybody gets the right goal.”

He stressed that, “when we are all thriving, our economy flourish and we are all free to contribute in unimaginable ways. Equity acknowledges that not everyone has the same starting point because of all our individual, economic, educational and cultural differences.”

ADVERTISEMENT

He added that “for our world to be successful, everyone must have the same opportunities that ensure a productive mind regardless of where we come from or what our circumstances are. Our work places must be fair and equitable places to work and to thrive.”

Also, the president of the African Development Bank (AfDB), Adesina Akinwunmi said: “when women thrive, economies thrive and that is because women form the backbone of Africa’s economies.”

He lamented that, it is bewildering that women in Africa continue to face a $42 billion financing gap in Africa, saying that there exists inbuilt gender-based biases against women in terms of access to finance.

He urged all financial institutions in Africa and globally should have well designed programmes and lending instruments for women, adding that “at the AfDB, we are taking bold steps to rectify this phenomenon.”

Akinwumi noted that, “in 2019, we launched the Affirmative Finance Action for Women in Africa (AFAWA) initiative to bridge the financing gap and unleash the full potential of women in their businesses.

“Since then, we have approved well over $1 billion worth of loans to women. We have established strategic partnerships for AFAWA with 56 financial institutions in 20 countries all across the continent including Nigeria.”

He also said AfDB is committed to empowering women and closing the gender gap in African countries, saying that by investing in women, one will get a ripple effect that will positively impact the continent.

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10173Tweet6358Share
ADVERTISEMENT
Previous Post

Global Emissions Trading Hits $63bn In 2022 – Report

Next Post

2023 AFCON Qualifiers: Guinea-Bissau Stun Super Eagles 1-0 In Abuja

Olushola Bello

Olushola Bello

You May Like

Equities Market Extends Rebound With N204bn Gain
Business

Equities Market Extends Rebound With N204bn Gain

2025/08/27
Flight Cancellation: NCAA Launches Complaints Automation Portal
Business

NCAA Launches First SERVICOM Integrated Service Charter

2025/08/27
State Of Emergency In Rivers: Way Forward
Business

Tinubu Bans Raw Shea Export For Six Months, Eyes $300m Revenue Boost

2025/08/27
Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu
Business

Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu

2025/08/27
Renaissance Energy Africa Reaffirms Commitment To Safety Operations
Business

Renaissance Energy Africa Reaffirms Commitment To Safety Operations

2025/08/27
Dangote Cement Records Impressive Topline Growth, Sustains Profitability
Business

Dangote Cement Urges Multi-sector Collaboration To Combat Youth Unemployment

2025/08/27
Leadership Conference advertisement

LATEST

Tinubu Departs Brazil En Route Abuja

Tennis Scoring System

JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List

Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada

Niger Delta People Live On $2 Daily Despite $1trn Oil Revenue — INC

BBNaija10: Dede, Kola Spark Intimacy Rumours After Late-night Moment

IGP Speaks On ‘Cattle Theft’ As Terrorism Financing At INTERPOL Conference

Reverse Abia’s New Tax Regime, It’s Stifling Businesses, Ikonne Tells Gov Otti

‘Tinubu Directed Me To Work With You’, New APC Chair Yilwatda Tells Ganduje

Dafinone Felicitates Gov Oborevwori, Deltans On 34th Anniversary

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.