Unity Bank set to empower MSMEs through NASME


MD/CEO of Unity Bank, Mrs. Oluwatomi Somefun

The National Association of Small and Medium Enterprises has received a major support to help women owned enterprises in the country from Unity Bank Plc.

Unity Bank has introduced “YANGA ACCOUNT” which is aimed at assisting or enhancing women owned Micro Small and Medium Enterprises MSMEs, financing women innovations and providing more ideas on how they could succeed in their business.

The Bank’s Managing Director Mrs. Oluwatomi Somefun during her keynote address at the empowerment stated that, despite the impact of COVID-19 on the Nigerian economy which is presently experiencing spikes in prices of both food items and sellable goods the bank (Unity Bank) is solidly behind women to encourage them and provide a soft business environment for them to Excell.

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Women owned businesses are rated about 41% of the country’s MSMEs as they continue to play their roles in driving the growth of our economy. 

Our “YANGA ACCOUNT” is mainly designed to help or assist women who are engaged in particularly agricultural cooperatives, fashion, cosmetics, baking and frozen foods to mention a few.

The deputy NASME President appreciated the head of the Unity Bank and also noted that the partnership between NASME and Unity Bank will help women owned MSMEs particularly the ones that are resident in Lagos State.


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