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UBA to Incentivise Businesses At Lagos Trade Fair



UBA 2024

Africa’s Global Bank, United Bank for Africa (UBA) has announced that it is once again the headline sponsor of the 2023 edition of the annual Lagos International Trade Fair.

In partnership with the Lagos Chamber of Commerce and Industry (LCCI), organisers of the annual event, UBA seeks to bolster small and medium scales businesses, while catalysing entrepreneurial growth across the continent.

For the past five years, UBA has been the headline sponsor for this all-important event, and this year’s edition which is the 37th, is scheduled to hold at the Tafawa Balewa Square, Lagos, between November 3rd and 12th, 2023.

Speaking at a press briefing in the Commerce House, Lagos on Thursday to announce the partnership, the Chairman Trade Promotion Board, LCCI, Engr. Leye Kupoluyi, commended UBA for once again sponsoring the Trade fair.

He told participants that this edition promises to provide networking opportunities, showcasing innovation, promoting international trade, industry and sector diversity while boosting local businesses.

He said the local organising committee is bringing world class facilities and ambience with the best exhibition standard, health, safety and deployment of digital banking platforms provided by the bank for the ease of money transactions and intra-Africa fund transfers. 

UBA’s Head, SME Banking, Babatunde Ajayi, who spoke on the partnership said, “UBA’s partnership with the LCCI emphasizes its support for local businesses and the community. We at UBA, consider this as exemplary which is why our partnership with LCCI continues to stand the test of time. There is no gain saying that in virtually all economies all over the world – developed and developing alike, small and medium-sized enterprises (SMEs) are critical to the generation of economic activity and to long-term sustainability.”

He explained that the bank’s commitment to offer special incentives to businesses that register to attend the fair is In line with UBA’s unflinching support to the growth of small and medium enterprises (SMEs), maintaining that “UBA will be giving special incentives to businesses who register to attend the fair,” Ajayi noted.

Overall, the collaboration between UBA and the Lagos Chamber of Commerce and Industry to host the Lagos International Trade Fair in 2023 appears to be a significant opportunity for businesses, both small and large, to grow, network, and explore new horizons in the business world. It has the potential to boost economic activity and contribute to the development of the Nigerian business landscape.

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