By Ayomide Otitoju
First City Monument Bank (FCMB) has successfully concluded the latest phase of its Business Empowerment, Sustainability and Training (BEST) Masterclass, with participants commending the programme for significantly enhancing their business operations and entrepreneurial mindset.
The most recent sessions, held in March, spanned five states — Ogun, Oyo, Osun, Ondo, and Kwara — focusing on key areas such as financial literacy, digital marketing, business planning, and sustainable growth strategies.
In a statement released by the bank, FCMB noted that participants overwhelmingly reported that the training delivered far more value than expected. Many small business owners said the knowledge and tools gained were immediately applicable and impactful.
Jide Olaniyi, an entrepreneur from Kwara State, described the programme as transformative. “I left with a deeper understanding of how to structure my business and apply digital tools. I’m already seeing the difference in how I operate,” he said.
In Ogun State, Patricia Simisola highlighted the support provided for business registration through the Corporate Affairs Commission, facilitated by FCMB. “That was a real bonus. It gave me the push I needed to formalise my business,” she stated.
The sessions also served as a platform for networking and peer learning. Dolapo Olayiwola, a participant from Oyo State, credited the programme with reshaping her business perspective. “It changed how I approach decision-making. I now have a clearer idea of how to grow without losing focus,” she said.
Ifeoma Ozoemena from Ondo State shared a similar sentiment, saying the training gave her the confidence to scale her business. “I now feel more confident about growing my business,” she remarked.
Commenting on the programme’s impact, FCMB’s Divisional Head of Business Banking, George Ogbonnaya, reaffirmed the bank’s commitment to inclusive economic development. “Our goal is not just to support entrepreneurs financially but to help them build sustainable, scalable businesses,” he stated.
Participants were engaged in practical workshops and networking sessions led by industry experts and successful entrepreneurs. The curriculum covered financial management, operational efficiency, strategic planning, and digital marketing.
Since its inception in 2018, the BEST initiative has trained hundreds of thousands of entrepreneurs across Nigeria. FCMB disclosed that it plans to expand the programme to additional states, providing access to funding, education, mentorship, and critical business infrastructure.