L-R: Head alpher, Union Bank of Nigeria, Mrs. Aderonke Chukwudeme; Founder, Bequeenz Beauty, Ms. Esther Harmony Elois; Founder, Atas Nutraboom Nutrition, Ms Oluwakemi Olaniyan; Founder, Gadesh & Co Nigeria Limited; Ms. Abojukoro Ganiyat Adeshola; Head SME Banking, Union Bank of Nigeria, Mrs. Gloria Omereonye, and Founder, Zuri Circle Network, Ms. Linda Obi during the Bank’s presentation of grants to business pitch winners at the Fearless Female Founders (FFF) 2.0 programme at Vibranium Valley, Local Airport Road, Ikeja, Lagos recently
By Peace Udugba
Alpher, Union Bank of Nigeria’s dedicated proposition for women, has partnered with Zuri Circle Network (ZCN) to empower 98 female entrepreneurs through the Fearless Female Founders (FFF) 2.0 Accelerator Programme.
The initiative was designed to bridge the gap between women-led businesses and access to capital, business knowledge, mentorship and opportunities for sustainable growth.
The programme attracted 2,810 applications from women entrepreneurs across Nigeria, with 98 founders selected following a rigorous screening process that included business verification and compliance checks.
As part of its support for women entrepreneurs, Union Bank provided grants to five women-led businesses that emerged as winners during the programme’s final pitch presentation.
The Fearless Female Founders 2.0 Accelerator was established to identify, support and strengthen promising women-led businesses through structured capacity building, mentorship, accountability and access to funding opportunities.
Participants underwent a detailed screening process covering business registration, operational viability and financial record-keeping. The process was designed to ensure that selected entrepreneurs demonstrated strong potential for sustainable growth and investment readiness.
The final cohort reflected the diversity of Nigeria’s entrepreneurial ecosystem, with participating businesses operating across agriculture, fashion, food production, technology, manufacturing, retail and professional services.
Throughout the programme, participants received practical business development support focused on strengthening operations, improving financial management, enhancing competitiveness and positioning their businesses for expansion.
Speaking on the partnership, Head of Retail Banking at Union Bank of Nigeria, Vivian Imoh-Itah, reaffirmed the bank’s commitment to creating opportunities for women to achieve greater personal, professional and financial success.
“Through alpher, Union Bank remains committed to creating meaningful opportunities for women to thrive personally, professionally, and financially. Our partnership with Zuri Circle Network on the Fearless Female Founders 2.0 Accelerator reflects our deliberate focus on supporting women entrepreneurs with the tools, networks, knowledge, and financial access they require to build sustainable businesses,” Imoh-Itah said.
“By investing in enterprises owned by women, we are not only empowering individual founders but also contributing to economic growth, job creation, and greater financial inclusion across Nigeria,” she added.
The initiative addresses a major challenge within Nigeria’s business environment, where many women entrepreneurs continue to face difficulties accessing formal financing and opportunities to expand their businesses despite their contribution to economic activity.
Through the partnership between alpher and Zuri Circle Network, the Fearless Female Founders 2.0 Accelerator seeks to close this gap by connecting women-led businesses with funding, knowledge, networks and other resources needed to become investment-ready and achieve sustainable growth.
The partnership also reinforces Union Bank’s commitment to empowering women through innovative financial solutions, strategic partnerships, capacity-building programmes and improved access to financial services.
Since its launch, alpher has continued to champion initiatives supporting women at different stages of their personal and entrepreneurial journeys, with a focus on financial independence and business success.
Through programmes such as the Fearless Female Founders Accelerator, Union Bank continues to support women entrepreneurs, promote financial inclusion and contribute to the growth of Nigeria’s economy.
