Union Bank partners Fate Foundation to empower SMEs in Nigeria

Union Bank of Nigeria recently sponsored the 8th edition of the Fate Foundation Alumni Conference, which focused on expanding opportunities for Small and Medium Enterprises in the country. The conference, titled “Strategically Positioning Your Business: Opportunities in the New Dispensation,” took place over the weekend.

The well-attended event provided an exceptional opportunity for the bank to partner with Fate Foundation to align their mutual objectives of fostering SME growth and enabling success for small business owners within Nigeria.

FATE Foundation is a Non-Profit Organisation that seeks to enable aspiring and emerging Nigerian entrepreneurs to start, grow and scale their businesses while also facilitating the development of an enabling business and thriving ecosystem. Over the years, the NGO has impacted over 7,500 graduates of their various Medium Scale and Medium Enterprise training programs.

Union Bank, like Fate Foundation, has consistently been at the forefront of empowering entrepreneurs to build successful and sustainable businesses through its provision of dedicated SME products, low-interest loans, and flexible repayment services that have helped them unleash their entrepreneurial spirit with creativity and drive, to bring about positive change in their respective communities.

Awards like the 2023 Global Finance Award for Best SME Bank of the Year, for instance, highlight the Bank’s unwavering commitment to the SME sector and small businesses in Nigeria.


World Habitat Day: Realtor promises to provide 1,000 homes for Nigerians

By Paul Okah


In celebration of the 2023 World Habitat Day, a real estate agency, Roomeo Construction Company, has said it has set an audacious goal of providing 1,000 homes for Nigerians within 10 years, starting in 2024, in order to eliminate barriers to attaining gainful and sustainable returns on real estate.

Speaking Monday in Abuja, during the launch of a debut 12-unit, 2-bedroom serviced apartment building in Kaura District of Abuja, known as Sequence 1, the founder/CEO of Roomeo Construct Limited, Mr. Doyin Adewola, said the intervention of the company is to encourage affordable and sustainable urban housing in Abuja.

He said: “Our world is facing unprecedented challenges regarding sustainability and it’s up to every one of us to take action to make a difference. Let’s consider what we can do to ensure our habitats remain vibrant and healthy for generations. The Theme to mark World Habitat Day this year is Resilient Urban Economies, and we will look at how cities can drive growth and recovery.

“Our cities in Nigeria can be a powerful driver of growth and recovery by investing in infrastructure, promoting innovation, and fostering a supportive business environment. Cities can also attract new businesses and talent by offering a high quality of life, access to education and healthcare, and a diverse and inclusive community.

“We at Roomeo have set an audacious 10-year goal to provide 1,000 homes for Nigerians starting in 2024. We will continue to eliminate the barriers to attaining gainful and sustainable returns on real estate. We ask that you join us as we make our dream a reality.”

Also speaking, Director, Department of Development Control, Abuja Metropolitan Management Council (AMMC), Town Planer Mukhtar Galadima Usman, advised real estate firms to always adhere to approved building plans, lamenting that many realtors have been in the habit of cutting corners, hence the prevalent building collapse.