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FirstBank Hosts SMEConnect Webinar on New Tax Law Compliance for Small Businesses

Olusola Blessing by Olusola Blessing
November 22, 2025
in Business, News
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FirstBank Hosts SMEConnect Webinar on New Tax Law Compliance for Small Businesses
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FirstBank has announced that it will hold its next SMEConnect Webinar on Wednesday, 26 November 2025, to help small and medium-sized enterprises understand how to navigate Nigeria’s new tax regulations. The session, themed Strategies for SMEs: Securing Your Business Under the New Tax Law, will feature insights from leading industry experts, including Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, along with the Bank’s Financial Controller, Yemi Adesanya, and Head of SME Banking, Dr. Abiodun Famuyiwa.

 

The webinar is part of FirstBank’s SMEConnect platform, a long-running capacity-building initiative designed to support entrepreneurs with market intelligence, regulatory guidance and access to the financial tools required to build stronger, fully compliant businesses. The upcoming session will focus on helping business owners understand the implications of the incoming tax framework, highlighting how proper record keeping, business formalisation and structured financial practices improve business stability and eligibility for funding.

Speaking ahead of the webinar, Chuma Ezirim, Group Executive for e-Business and Retail Products, said the bank is committed to preparing entrepreneurs for upcoming regulatory changes through practical knowledge-sharing. He noted that the approaching tax policy rollout makes it essential for SMEs to understand their obligations early to avoid penalties and position themselves for sustainable growth.

 

The event will also spotlight the benefits available to registered and unregistered businesses through FirstBank’s SME banking solutions, including the FirstSME account suite, which provides entrepreneurs with access to credit, payment tools, advisory support and digital banking services designed to help them scale.

Entrepreneurs interested in joining the webinar can register through FirstBank’s official Zoom link.

 

Established in 1894, FirstBank is West Africa’s oldest financial institution and one of Africa’s biggest financial inclusion providers, with more than forty-three million customer accounts across three continents. The bank operates an extensive network of branches, agents and digital platforms, and has earned multiple international awards for excellence, SME support and leadership in sustainable banking.

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