UBA to sponsor Lagos International Trade Fair for the sixth consecutive year
United Bank for Africa Plc has announced that for the sixth consecutive year, it will be sponsoring the annual Lagos International Trade Fair.
The LITF, which is the 38th edition, is organised annually by the Lagos Chamber of Commerce and Industry and is scheduled to take place at the Tafawa Balewa Square, Lagos, from November 1-10, 2024.
UBA’s Head of SME Banking, Babatunde Ajayi, in a statement on Sunday, highlighted the bank’s commitment to supporting African businesses and announced a substantial $6bn loan facility dedicated to small and medium scale enterprises development.
He said, “Our six-year partnership with LCCI has been tremendously successful because our missions align perfectly. 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.”
At a press briefing held at the Commerce House, Lagos, recently, the Vice President, LCCI, Akinbo Akin-Olugbade, applauded UBA for its continued support of the fair and SMEs in Africa.
He said, “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.”
He stated that SMEs, business owners and advertisers would enjoy improved networking possibilities and promotion of international trade, among others, during this year’s fair.
The collaboration between UBA and the Lagos Chamber of Commerce and Industry to host the 2024 Lagos International Trade Fair presents a major opportunity for SMEs to expand, connect, and explore new possibilities, which could stimulate economic growth and play a key role in Nigeria achieving its $1tn economy mark.
