Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a Knowledge Series webinar focused on informing and educating small and medium business owners about the 2024 withholding tax regulations recently introduced by the federal government.
The webinar, titled ‘2024 Withholding Tax Regulations, Specific Emphasis on How They Affect SMEs’, is scheduled to take place online on Thursday, January 30, 2025, at 12:00 noon (prompt). Business owners and SMEs interested in attending the session can register via Zoom at this link:
The Knowledge Series is a regular seminar/workshop organised by the bank as part of its ongoing capacity-building initiatives. These sessions provide a platform for leading business experts to share well-researched insights and best practices for running successful businesses.
This upcoming edition will focus on educating business owners on the implications of the new tax regulations and how UBA’s offerings can support their growth in light of these changes.
Renowned industry leaders, including UBA’s Head of SME Banking, Babatunde Ajayi, as well as financial analysts from Anderson Consulting, Adeyemi Adediran and Vincent Okoukoni, will be on hand to share their expertise and provide guidance on how businesses can thrive under the new tax regime.
UBA’s Group Head of Retail and Digital Banking, Shamsideen Fashola, who spoke ahead of the webinar, emphasised the importance of the session. He noted that it would provide a valuable opportunity for SMEs to understand the new tax regulations, their potential impacts, and the benefits for both businesses and the wider economy.
Fashola said, “Getting first-hand knowledge from experts on this important subject, as put together by UBA, will be invaluable for any business owner looking to build a lasting enterprise.”
Also commenting on the upcoming workshop, UBA’s Group Head of Marketing & Corporate Communications, Alero Ladipo, highlighted the positive impact that previous sessions have had on SMEs. She said the Knowledge Series has helped many business owners make significant strides towards success.
Ladipo remarked, “At UBA, we remain committed to empowering businesses of all sizes. That is why we are guiding our customers towards making better business decisions and embracing more opportunities in 2025 that will propel them to new heights.”
She added, “We have assembled an esteemed panel of speakers who will do justice to this topic by sharing their vast wealth of experience and insights on how best to navigate the new tax regime. This is a must-attend event for anyone serious about the long-term success of their enterprise.”
United Bank for Africa is one of the largest employers in the financial sector across the African continent, with 25,000 employees group-wide, serving over 45 million customers globally. Operating in twenty African countries, as well as the United Kingdom, United States of America, France, and the United Arab Emirates, UBA provides retail, commercial, and institutional banking services, driving financial inclusion and implementing cutting-edge technology.