• About Us
  • Contact Us
  • Privacy & Policy
Thursday, June 5, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Lagos Trade Fair 2024 Set to Break Records with UBA $6 Billion SME Support

Vincent Amadi by Vincent Amadi
October 10, 2024
in Economy, News
Reading Time: 3 mins read
A A
0
Lagos Trade Fair 2024 Set to Break Records with UBA $6 Billion SME Support
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


The Lagos Chamber of Commerce and Industry (LCCI) is offering free entry to all visitors to the 2024 Lagos International Trade Fair (LITF) with a target of receiving one million visitors at the 10-day event scheduled for November 1 – 10 at the Tafawa Balewa Square (TBS) in Lagos.

Meanwhile, United Bank for Africa (UBA) Plc has announced that it will once again be sponsoring this year’s edition marking the sixth consecutive year the bank will be the official financial partner of the LITF.

Vice President and Chairman, Trade Promotion Board, LCCI, Abimbola Olashore, disclosed this at a media briefing in Lagos, yesterday, adding that the number of exhibitors this year is expected to exceed the annual average of 3,500 average by about 50 percent.

Olashore who was represented by a member of the LCCI Trade Promotion Board, Akinbo Akin-Olugbade, said that state-of-the-art security architecture will be deployed for the duration of the Fair, for both private and public, to manage the challenges that may arise due to the free entry offered to visitors.

He stated, “LITF records average of 350,000 visitors for the 10-day period, with average of over 3,500 exhibitors participating annually, and 15 countries in attendance.

“While our exhibitors have surpassed this figure this year by expression of interest, we are looking towards receiving 1 million visitors at the Fair.

“We are glad to announce that there will be free entry for the 10 days of the Fair for all our exhibitors and visitors. We will, however, be deploying our state-of-the-art security architecture, both private and public, to manage the process.”

He applauded UBA for its continued support of the fair and SMEs in Africa.

He stated, “We would like to extend our heartfelt gratitude to our reputable sponsor, UBA, for their unwavering support and commitment to the success of this fair. Their contributions have been invaluable, and we are truly appreciative of your partnership “

UBA’s Head, SME Banking, Babatunde Ajayi, highlighted the bank’s strengthened commitment to supporting African businesses, announcing a substantial $6 billion loan facility dedicated to SME development.

He said, “Our six-year partnership with LCCI has been tremendously successful because our missions align perfectly,” said Ajayi.

“We are focused on providing our customers with comprehensive market access and seamless transaction capabilities through our extensive retail presence and digital platforms which will be made available at the fair.”

Ajayi noted that the bank’s support will extend beyond traditional banking services, as they will offer direct customer engagement opportunities, payment collection, and repatriation services for African exhibitors, and advanced digital banking platforms for efficient transactions.

Vincent Amadi

Vincent Amadi

Related Posts

FG will revive cocoa industry – Shettima
Economy

FG will revive cocoa industry – Shettima

2 days ago
Nigerian companys take priority over foreign businesses with “Nigeria First Policy” 
Economy

Tinubu seeks $25 billion Nigeria-Morocco gas pipeline investment

2 days ago
Development bank disbursed N1 trillion to MSMEs – MD
Economy

Development bank disbursed N1 trillion to MSMEs – MD

4 days ago
EFCC arrests ex-government contractor over alleged N30 billion fraud
National

Ex-PDP chairman’s son jailed 14 years for N2.2 billion subsidy scam

1 week ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

FBI Arrests  Nigerian “Tech Queen” for Fraud in the USA
National

FBI Arrests Nigerian “Tech Queen” for Fraud in the USA

7 hours ago
After 2 years of Tinubu’s govt, No gains, but more suffering, hardship – NLC claims.
National

After 2 years of Tinubu’s govt, No gains, but more suffering, hardship – NLC claims.

7 hours ago
Security forces reassure Yobe residents insurgent-free sallah celebration
National

Security forces reassure Yobe residents insurgent-free sallah celebration

12 hours ago
Breaking News: Chief of Army Staff relocates to Benue to tackle insecurity
National

Breaking News: Chief of Army Staff relocates to Benue to tackle insecurity

1 day ago
Tinubu Has Outperformed All Presidents Before Him- Felix Morka
National

Tinubu Has Outperformed All Presidents Before Him- Felix Morka

1 day ago
Amaechi To Wike: You Worked Under Me; I Don’t Respond To Children.
National

Amaechi To Wike: You Worked Under Me; I Don’t Respond To Children.

1 day ago

POLITICS

Group Fires Back At Wike Over Betrayal Allegations Against Makinde, Mbah.

Wike debunks existence of “Cabal” in Tinubu’s government

7 hours ago
More defections: Rep dumps PDP for APC, urges support for Gov Otu, Tinubu

More defections: Rep dumps PDP for APC, urges support for Gov Otu, Tinubu

6 days ago
PDP Crisis: BoT urges forgiveness, dialogue and unity

PDP Crisis: BoT urges forgiveness, dialogue and unity

1 week ago
Tinubu receiving performance based endorsement – Top APC Chieftain

Tinubu receiving performance based endorsement – Top APC Chieftain

1 week ago
​​Coalition Saga: Atiku Ignores Adeleke In Osun, Draws Battle Line With PDP Govs. 

​​Coalition Saga: Atiku Ignores Adeleke In Osun, Draws Battle Line With PDP Govs. 

1 week ago
Gov Adeleke’s defection rumours to APC gain traction as David visits Tinubu

Gov Adeleke’s defection rumours to APC gain traction as David visits Tinubu

1 week ago

YOUR ECONOMY

FG will revive cocoa industry – Shettima
Economy

FG will revive cocoa industry – Shettima

2 days ago
Nigerian companys take priority over foreign businesses with “Nigeria First Policy” 
Economy

Tinubu seeks $25 billion Nigeria-Morocco gas pipeline investment

2 days ago
Development bank disbursed N1 trillion to MSMEs – MD
Economy

Development bank disbursed N1 trillion to MSMEs – MD

4 days ago
Becoming AfDB president greatest honour of my life – Adesina
Economy

Becoming AfDB president greatest honour of my life – Adesina

1 week ago
Dangote Refinery Drops Pump Prices Again with a Price Range between 875 and ₦905 Nationwide
Economy

Dangote Refinery Drops Pump Prices Again with a Price Range between 875 and ₦905 Nationwide

2 weeks ago
Fidelity Bankruptcy Scare: Banking sector is stable, says CBN
Economy

Fidelity Bankruptcy Scare: Banking sector is stable, says CBN

2 weeks ago

E & P

Cole Palmer to wear Chelsea’s number 10 next season
Sports

Cole Palmer to wear Chelsea’s number 10 next season

by Steven Atogi
12 hours ago
0

England midfielder, Cole Palmer, since joining Chelsea from Manchester City have been wearing the number 20 jersey for the blues....

Man United submits £45m bid for Bryan Mbeumo

Man United submits £45m bid for Bryan Mbeumo

12 hours ago
Breaking News: Hansi Flick interested in signing Ademola Lookman to Barcelona 

Breaking News: Hansi Flick interested in signing Ademola Lookman to Barcelona 

1 day ago
Choosing Nigeria Over England, Best Career Decision I made – Lookman

Choosing Nigeria Over England, Best Career Decision I made – Lookman

1 day ago
Three names to watch in the Premier league transfer window

Three names to watch in the Premier league transfer window

2 days ago
Bruno Fernandes rejects Al Hilal proposal

Bruno Fernandes rejects Al Hilal proposal

2 days ago

YOUR THOUGHT & HISTORY

ON THE PUBLIC NUISANCE CALLED SOWORE
Opinion

ON THE PUBLIC NUISANCE CALLED SOWORE

by Kiikpoye Karibo
3 months ago
Data Visualizations
Columns

Five Key Considerations for Creating Effective Data Visualizations

by Blessing Chinyere Daniel
5 months ago
The Transformative Power of AI in Revolutionizing Industries and Empowering Growth
Columns

The Transformative Power of AI in Revolutionizing Industries and Empowering Growth

by Blessing Chinyere Daniel
6 months ago
Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit
Columns

Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit

by Uloma Harrison-Ikenwanze
6 months ago
The Power of Data in Today’s World
Columns

The Power of Data in Today’s World

by Blessing Chinyere Daniel
6 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports

Recent News

FBI Arrests  Nigerian “Tech Queen” for Fraud in the USA

FBI Arrests Nigerian “Tech Queen” for Fraud in the USA

June 5, 2025
After 2 years of Tinubu’s govt, No gains, but more suffering, hardship – NLC claims.

After 2 years of Tinubu’s govt, No gains, but more suffering, hardship – NLC claims.

June 5, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address