ProvidusUnity Bank has graduated more than 100 entrepreneurs from the sixth cohort of its SME Development Programme, the latest phase of its effort to help small and medium-sized businesses overcome growth barriers. The three-month initiative, organised jointly with the Enterprise Development Centre at Pan-Atlantic University, drew participants from Lagos, Abuja and Port Harcourt.
Ernest Elue, Head of Business Development at ProvidusUnity Bank, said the programme was designed to close the capacity gaps that often restrict SME growth and limit their role in national development. He stated that the initiative goes beyond classroom training to build an ecosystem where small businesses can access knowledge, networks and support for long-term sustainability. According to Elue, SMEs form the foundation of the Nigerian economy, and strengthening them represents an investment in the country's future.
Elue added that the bank has remained committed over time to equipping entrepreneurs with the tools and capabilities to expand their enterprises. He noted that through the partnership with the Enterprise Development Centre, the bank is helping to develop resilient businesses that generate employment, drive innovation and contribute to economic prosperity.
Participants said the programme transformed their approach to business. Ukponi Bahan, founder of Danny Palm Oil, described the training as providing valuable insights for the company's next expansion phase. He said the sessions on operations, planning and sustainability proved particularly useful as the business prepares for future growth, and that the programme challenged the company to reconsider its strategy.
For small business owners seeking to grow, access to structured training and banking support can strengthen their capacity to scale operations and navigate challenges in the competitive Nigerian market.