Business

Heritage Bank headlines sponsorship of 4th entrepreneur TV Show ‘The Next Titans’

452

In a bid to continue boosting entrepreneurship development in order to curb the high level of unemployment in the country, Heritage Bank Plc will once again be the headline sponsor for the fourth season of “The Next Titans,” a Nigerian entrepreneurial Reality TV Show.

The move by the bank is a consistent commitment to build the next generation of sustainable Nigerian businesses; young and budding entrepreneurs who will end up becoming ‘titans’ in their own disciplines whether in Technology, Inventions, Media, Real Estate, Fashion, Agriculture, or Productions, and so on.

Speaking at a press conference to flag off the season 4 of the project in Lagos yesterday, the Group Head of Corporate Communication of the Bank, Mr. Fela Ibidapo explained the reasons for the continued support of The Next Titan project, stating that because it is associated with the development of young people through small and medium scale enterprises (SMEs).

“We decided to support The Next Titan project, because its scope resonate with what our brand stand for which is the business of raising young people through SMEs either through the Youth Innovative Entrepreneurship Programme (YIEDP), an initiative of the Central Bank of Nigeria (CBN) in conjunction with the Nigeria Youth Service Corp (NYSC), in partnership with the Nigerian Youth Professional Forum (NYPF) to support entrepreneurship and education in the country with N500 million Young Entrepreneurs and Students (YES) grant and the bank is also in partnership with Centre for Values in Leadership (CVL) empowered 100 aspiring start-up entrepreneurs under the Young Entrepreneurship Business Training Programme (YEBTP), among others,” he stated.

He said the Bank has always being supporting SMES from the creative industry to the agricultural sector of the economy among others.

He said at the heart of management of the Bank is that one day ,”We would be able to put people in front of the press to say that indeed this people came to us about two, three years ago and now we are taking their companies to the stock exchange for listing.”

The show will also bring the reality of pains and gains of entrepreneurial journey into the living rooms of millions of Nigerians, and viewers will be given opportunity to vote for whom they believe has the composite of a successful entrepreneur.
At the audition holding in Abuja, Port Harcourt and Lagos from next week, 50 best applicants would be chosen from thousands of young and ambitious entrepreneurs that are willing to demonstrate their commercial insight, entrepreneurial acumen, and street-smartness, pitch their business ideas, before selection of the final 16 contestants who will tough it out over 10 weeks to see the crowned Next Titan carting away the ultimate prize of N5million and a brand new car.

The Executive Producer of the Next Titan, Mr. Mide Kunle-Akinlaja said the importance of the Next Titan lied in igniting entrepreneurial spirit and showcasing the possibility of entrepreneurship in transforming lives with just an idea that could be scaled to greatness with a market and with Nigeria’s population.

He said the show, by scouting for young talented people who have entrepreneurial acumen, grooming them through a rigorous task and boardroom process and eventually funding a winner’s idea, leading to an opportunity to create jobs for themselves and others is indeed a big contributor to the socio-economic development of Nigeria.

The Executive Producer said the Next Titan was designed to sharpen and ignite the entrepreneurial spirit in young Nigerians, and it represented opportunity and more importantly recognize ordinary Nigerians that have determination, gusto and can do attitude with some of the best ideas.

Leave a comment

Related Articles

FirstBank’s Temporary Overdraft Product Boosts Businesses, Secures Retail Dominance

By Tosin Ajayi As a strategic lifeline to empower businesses with swift,...

#NoNoiseJustSigns: Access Bank Unveils DiamondXtra Season 17, To reward Customers with over N200m

Access Bank has kicked off the 17th season of its DiamondXtra flagship...

Tony Elumelu Receives Gabonese Presidential Honour for Africa’s Economic Development 

President of the Republic of Gabon Brice Clotaire Oligui Nguema, has conferred...

WTO’s Okonjo-Iweala Calls on Africa to Boost Intra-Regional Trade Amid US Tariffs

Faced with broad tariffs declared by the United States on African goods,...

US Dollar Climbs to N1,605 as Naira Weakens

The Nigerian naira has continued its depreciation against the US dollar at...

Just in: Inflation rises to 24.23% in March 2025

Nigeria’s headline inflation rate has increased to 24.23% in March 2025, up...

Transcorp’s Market Value Surges to N4.5trn – Tony Elumelu

Transcorp Group, a leading conglomerate in Nigeria, says its listed entities now...

Nigeria Achieves $6.83bln Balance of Payments Surplus in 2024

Nigeria’s economy has seen a significant turnaround, with the Central Bank of...

Tony Elumelu Named to IMF’s Advisory Council on Entrepreneurship, Growth

Founder and Group Chair of Heirs Holdings, Tony O. Elumelu, CFR, has...

2024 financials: UBA gross earnings grow from N2.08trn in 2023 to N3.19trn, grows profit to N804bln

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its...

Access Bank to Honour Power of 100 Awardees at International Women’s Day Conference

Access Bank, a leading financial institution committed to fostering gender equality and...

Air Peace Unveils Unbeatable Offer: N600,000 Discount on London-Lagos Airfare

Air Peace has unveiled an exciting offer for travelers connecting from various...

Tony Elumelu Foundation to Unveil 2025 Class of Emerging Entrepreneurs for TEF Programme

…Tony Elumelu Entrepreneurs have collectively created 1.5 million jobs and generated $4.2...

CBN Raises Alarm Over Illicit Naira Transactions, Urges Strict Measures

The Central Bank of Nigeria (CBN) has expressed concerns over the growing...

Naira Depreciates to ₦1,585/$ in Parallel Market, ₦1,546/$ in Official Market

The Nigerian currency, the Naira, has continued its downward trend, depreciating further...

Lagos State Solidifies Position as Africa’s Economic Powerhouse with $259bln GDP

Lagos State has reaffirmed its status as one of Africa’s leading economic...

Nigeria’s First Lady Commends Economic Team as Country Prepares to Host AFREXIMBANK Annual Meeting

Nigeria’s First Lady, Sen. Oluremi Tinubu, has praised the Minister of Finance...

Transcorp Group Achieves Remarkable Growth in 2024, Posts 107% Revenue Surge, 132% Profit-Before-Tax Increase

Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate has...

Naira Weakens to N1,550 Against Dollar Amid Increased Demand

The Nigerian naira has taken a hit, weakening to N1,550 against the...

Trump Establishes “Strategic Bitcoin Reserve” Via Executive Order

US President Donald Trump on Thursday signed an executive order establishing a...