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NCC, SMEDAN, NAICOM, SEC, Others Set for SUPERNEWS SMEs Conf June 13

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The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, the Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC), Dr. Aminu Maida, other regulators, experts, stakeholders from the financial services and ICT sectors, small business owners among others have confirmed their attendance at the SUPERNEWS Nigeria SMEs Forum 2024 scheduled for Thursday, June 13th 2024 at Radisson Hotel, GRA Ikeja, Lagos.

The conference with the theme, ‘Bringing SMEs into the Financial Services Network via Fintech’ would be declared open by the SMEDAN DG, Mr. Charles Odii, while the EVC of NCC will chair the event.

A renowned economist and financial expert, Dr. Biodun Adedipe, the MD/CEO Biodun Adedipe & Associate Ltd., will deliver the keynote speech at the conference, which would dig into issues faced by SMEs in running their day-to-day businesses in Nigeria.

The conference will also feature a panel session which would be handled by erudite scholars, including the Chairman, Nigerian Association of Small and Medium Enterprises (NASME), Yeye Modupe Dada; Managing Director/CEO, Sunu Assurances Plc, Mr. Sam Ogbodu, Managing Director/CEO of APT Securities and Funds Limited, Mr. Kasimu Garba Kurfi and Head, Financial Institutions Ratings at Agusto & Co., Mr. Ayokunle Olubunmi.

The Special Guests of Honour for the conference include the Director General of SMEDAN, Mr. Charles Odii; Acting Director General, Securities and Exchange Commission (SEC), Dr.  Emomotimi Agama and the Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin.

The Publisher of SUPERNEWS Nigeria, Ngozi Onyeakusi in a statement in Lagos said the choice of the theme of the Conference was borne out of the quest to improve the business climate for SMEs in Nigeria by leveraging on technology in terms of accessing financial services.

She said it’s unfortunate that SMEs that form the bedrock of every economy are plagued by a lot of challenges, especially inadequate access to finance. Indeed, reports have shown that the challenge of SMEs in accessing funds could be traced to inadequate access to financial institutions and education, skills, experience of owners/managers, high interest rates, gender discrimination, among others.

It therefore becomes imperative to leverage on technology to ensure their sustainability, productivity and profitability.

The conference, she said, will, among others, examine the key challenges faced by SMEs in Nigeria and provide practical solutions to help overcome them.

It will equally explore the benefits of fintech for small businesses, including how it can help them overcome financial challenges and drive growth through technology-driven solutions.

She equally emphasised that the confab is a learning opportunity designed to enhance awareness, deepen understanding of the participants on how SMEs can grow and sustain their businesses by embracing various financial services options including banking, capital market, pension and insurance.

International News

Lebanon Must Not Become The Next Gaza – Australia’s Foreign Minister Repeats Ceasefire Call

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Australian Foreign Minister, Penny Wong has called for an immediate ceasefire in the Middle East, warning that Lebanon risks suffering the same humanitarian catastrophe as Gaza if violence continues to escalate.

Speaking at the United Nations, Wong condemned the ongoing airstrikes in Beirut’s southern suburbs and urged global leaders to take urgent action.

“This attack cannot and should not be justified,” Wong said, emphasizing the toll the conflict has taken on civilians.

Read Also: Hezbollah Commanders Killed In Beirut Airstrike – Israeli Military

She highlighted Australia’s firm stance against Hamas, with sanctions already in place on the group’s leaders and financial backers.

However, Wong expressed deep concern over the heavy civilian casualties resulting from Israel’s response to Hamas.

Wong stated, “More than 40,000 Palestinians have been killed, including over 11,000 children. Nearly two million Gazans have been displaced, many multiple times, and over two million are facing severe food insecurity. This must end. Palestinian civilians cannot be made to pay the price for defeating Hamas. All lives have equal value.”

Wong also pointed out that nearly 300 days have passed since Australia and 152 other countries voted for a ceasefire, yet the violence continues.

“Today, I repeat that call,” she said, urging both sides to halt hostilities.

The foreign minister also stressed the importance of averting further conflict in Lebanon, where tensions are rising amid ongoing air raids.

She called for the full implementation of UN Resolution 1701, which calls for peace between Lebanon and Israel.

“Lebanon cannot become the next Gaza,” Wong warned, calling for immediate international efforts to prevent further bloodshed.

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International News

Helicopter Crash In Pakistan Claims Six Lives, Injures Eight

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A tragic helicopter crash involving a Pakistan oil company has left six people dead and eight others injured.

The incident occurred during takeoff on Saturday when the aircraft, operated by Mari Petroleum Company (MPC), suffered a technical fault.

The helicopter was carrying fourteen individuals, including three Russian pilots and crew members, when it went down in North Waziristan, a region in Khyber Pakhtunkhwa near the Afghan border.

Read Also: I’ve Dated More Than 100 Women – Singer Skales

In a statement, MPC confirmed that the crash resulted from engine failure, ruling out any signs of sabotage.

“The accident has claimed the lives of six individuals, while eight others have been injured,” the company reported.

The injured have been promptly transported to a military hospital for medical treatment.

The team was reportedly on a visit to a nearby oil field at the time of the accident.

Mari Petroleum Company is recognized as one of Pakistan’s largest petroleum exploration and production firms, which continues to strive towards fully unlocking the country’s resource potential.

Further investigations are underway to understand the circumstances surrounding the crash.

 

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International News

South African Police Launch Manhunt After 17 Killed In Mass Shooting

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In a tragic incident, South African police announced on Saturday that they are initiating a manhunt following a mass shooting that left 17 people dead in the town of Lusikisiki, located in the Eastern Cape province.

The violence erupted late Friday night, with reports indicating that 13 victims — 12 women and one man — were discovered dead in one residence, while four others were killed in a second location.

An additional victim remains in critical condition at a nearby hospital.

Read Also: BREAKING: EFCC Arrests Former Taraba Gov, Ishaku (UPDATED)

National police chief Fannie Masemola addressed the media, stating, “We do not know the motive” behind the killings and emphasized the uncertainty regarding whether there are one or multiple suspects still at large.

This shooting marks the latest in a series of violent attacks in the region.

Earlier this month, seven family members, including three children, were shot dead in their home in KwaZulu-Natal, with no arrests made in that case.

Additionally, in April, ten family members—including seven women and a 13-year-old boy—were killed in a separate mass shooting in KwaZulu-Natal.

South Africa continues to struggle with a high homicide rate, estimated at approximately 45 per 100,000 people, a stark contrast to the 6.3 per 100,000 in the United States and around 1 per 100,000 in most European nations.

Over the past year, the country recorded more than 27,000 homicides, averaging over 70 killings daily in a population of 62 million.

 

 

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