First Bank of Nigeria Limited has tasked operators of Small and Medium Enterprises (SMEs) on the imperative of efficient cost management for business sustainability. Chairman-designate, First Bank of Nigeria Limited, Mrs. Ibukun Awosika, who gave the charge at the SME Workshop for Women owners of SMEs in Nigeria held at the First Bank Sustainability Centre, Lagos, said that efficient cost management were processes that every SMEs owner should imbibe to guarantee growth and sustainability businesses.
Awosika noted that the workshop was sponsored by First Bank to promote empowerment, entrepreneurship and financial inclusion among women. According to her, sustainability is a business approach that creates long term shareholder value by embracing opportunities and managing risks deriving from economic, environmental and social development…
Culled from http://newtelegraphonline.com/first-bank-tasks-smes-on-cost-management/
