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Participants Commend Diamond Bank on SMEs



  • Participants Commend Diamond Bank on SMEs

Diamond Bank Plc has again reiterated its support for SMEs in the recently organised SME Seminar held in Port Harcourt, Rivers State. The increasing need for financial freedom and entrepreneurship in the south-south was demonstrated when hundreds flocked to the business seminar organised by the Bank at Atrium Centre on Stadium Road in Port Harcourt, Rivers State.

Speaking at the event, head, emerging business of Diamond Bank, Mark Ifashe, said all hands must be on deck to groom business owners to cut down on the high mortality rate of new businesses. He said new business fail because of wrong practices. This, he said, prompted Diamond Bank to always bring entrepreneurs together for teaching and grooming to reduce casualty syndrome.

To drive home their passion for SMEs and their commitment to entrepreneurial development, the South-South regional head of Diamond bank, Mkem Okoro, welcomed participants, saying the seminar was deliberately made free to help them grow their businesses, imploring them to “Make sure you take something home to implement in your business”.

The event had in attendance different participants from different industries ranging from full time business operators to professionals in the health sector including medical doctors, pharmacists and full time employees who also own their own businesses and desire to move their business to viable corporations.

A pharmacist and CEO of Kingzy Pharma Limited, Kingsley Amagba, commended Diamond Bank for their sustained passion for Small and Medium Enterprises (SMEs) and for their loan policy that boosts business operators.

One of the Speakers at the event, Eugenia Marcus, CEO of Truffles Global Resources, said the huge crowd was a sign that a paradigm shift has occurred, adding that it was gratifying that educated youth were taking over the business scene. She said it was the educated entrepreneurs that would move a business from SME and enterprises to corporations and conglomerates in the coming years.

She also harped on need for systems and structures that would carry a business so the business owner would not need to be present all the time. “You must build your business such that you could go away for months and come back to meet same business”. She mentioned the following as steps and structures of a viable corporation: Market penetration, market expansion, product expansion, diversification, and acquisition/mergers.

Marcus said she started off baking cakes in her garage but now has a thriving corporate centre in the Government Reserved Area (GRA) in Port Harcourt, employing many workers in cakes, bread, food, make-up, beads, etc. “My target is to build a corporation and I must get there”.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


Transcorp Hotels Expand into Marketplace, Launches Aura to Connect People, Hoteliers, Others



Transcorp hotel

Transcorp Hotels Plc, on Thursday, announced it has launched a new digital platform, Aura, through which people can book accommodation, restaurants and experiences.

Aura, Transcorp’s first in the alternative accommodation segment, is part of the company’s asset-light model, leveraging technology to deliver true hospitality, exciting experiences, and drive shareholder value.

It’s a new dawn in the hospitality industry! I am thrilled to introduce you to Aura by Transcorp, the digital platform we are using to connect people to quality accommodation, great food, and awesome experiences,” Managing Director and Chief Executive Officer of Transcorp Hotels Plc. Dupe Olusola said.

For more than 30 years, Transcorp Hotels Plc has been at the forefront of creating a superior guest experience at our locations. Today, our commitment to innovation has offered us an opportunity to extend this beyond the hotel premises,” Olusola added.

The launch of Aura by Transcorp is one of the most significant developments in the company’s history as it seeks to transform the travel and tourism industry in Africa by focusing on three important components of travel, whether for leisure or business — where you stay, what you eat and how you spend your time. With its people-driven hospitality model, Aura is set to revolutionise travel and help remind Africans of our deep history of hospitality.

Speaking on the launch of Aura, Obong Idiong, Chief Executive Officer at Africa Prudential Plc, Aura’s technology partners, expressed his excitement. “Finding the right accommodation when you travel can be incredibly complex. Options available for the right prices are often limited, and travellers sometimes end up with accommodation that taints the travel experience. Transcorp Hotels Plc has been able to fix that with Aura and we are proud to be associated with them.”

To ensure topnotch user experience, we built a solution to drive digital transformation through the adoption of shared living spaces for the Aura business. With an advanced search algorithm powered by artificial intelligence, Aura determines the relevance of locations taking into consideration, the customers’ preferences and requirements to meet them at the point of their needs,” Idiong added.

Priscilla Adeboye, a travel enthusiast and early adopter of Aura, said the global pandemic has pushed international travel down her list. “But I still want to be able to take some time off work or spend a weekend away from home with the family. I have found incredible homes on Aura that meet my need for space and privacy.


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Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director




Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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