The Bank of Industry (BOI) has launched a strategic intervention programme, Project Guaranteed Loans for Women (GLOW), with a dedicated fund of ₦10 billion to support female entrepreneurs across Nigeria. This initiative is aimed at enhancing women’s participation in business, providing them with access to finance, and fostering economic empowerment.
The GLOW fund is structured to address financing gaps faced by women-led businesses, offering affordable loans with favorable terms to enable female entrepreneurs to scale their enterprises. The move aligns with the BOI’s commitment to inclusive economic growth and financial accessibility for women in business.
In a significant leadership transition, Unity Bank Plc has announced the appointment of Mr. Ebenezer Kolawole (FCA) as its acting Managing Director/Chief Executive Officer. This follows the retirement of Mrs. Oluwatomi Somefun, who has completed her tenure at the helm of the bank.
Kolawole, a seasoned finance expert and a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), brings extensive experience in banking, risk management, and corporate governance. His appointment signals a new phase for Unity Bank as it navigates the evolving financial landscape and strengthens its market position.
Both announcements highlight the ongoing transformations within Nigeria’s financial sector, with targeted interventions for women-led enterprises and leadership renewal in key banking institutions.
Stay informed, Stay ahead with The Ameh News
Discover more from Ameh News
Subscribe to get the latest posts sent to your email.
