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Why SMEs should be recognised, by EGM chief


The co-founder of Eagle Global Markets (EGM), Gbite Oduneye, believes that it is essential for Small and Medium Enterprises (SMEs) to be recognised for their reliability, excellence and honest impact on the economy, considering how they help the country generate substantial income.
Oduneye in his note titled: “The Fastest Growing SME’s in Nigeria, What Makes These Companies Remarkable,” said that over the years, SMEs have been an avenue for job creation and empowerment of Nigerians, providing about 50 per cent of all jobs the citizens can boast of.
EGM offers a trading platform for over 1,000 financial instruments in major markets globally and earn passive income daily, by providing free trading accounts, free beginner training, free weekly webinar, free daily trading strategy and resources, free masterclass training, and free weekend training for working professionals.He said: “A survey conducted in 2012 shows that there are 17 million small and medium scale enterprises in Nigeria, employing about 32.41 million persons in the country.
“The annual Business Day’s Top 100 SME’s in Nigeria, where companies like Max, Anakle, Farmcrowdy, Cantagali, Jumia, Ebonylife Tv, Eagle Global Markets etc were recognized and awarded as the fastest growing SME’s in Nigeria. They were awarded because of their extraordinary business performance and integrated systems in various areas and their impact.
“Interesting? Following the above merit, we would like to explore what makes these companies remarkable out of the 17 million SME’s in the country? You might want to grab a pen. Below are our findings: they demonstrate business excellence and have helped improve the image of the country in the local and international community, setting models for future enterprises to follow. They have direct impacts on the community and have seen to its growth in various ways.

“They are committed to building working environments that encourage and nurture flexibility and innovation. They maintain a sharp focus on the market: this helps them stay grounded in an unfolding and ever-changing world”.“They provide training and up skilling facilities that enables staff empowerment: they offer a unique appeal of helping their employees thrive in a changing business environment. They are committed to developing new technologies that will be useful and serve people in their community; and they have been a great avenue for job creation and empowerment,” he said.
He said his company was privileged to be recognized as one of the fastest growing SME’s in Nigeria, with a mission to eradicate financial illiteracy and enable Nigerians have an additional means of income trading in global markets through an easy to use platform, using the local currency.


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EGMGbite Oduneye
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