APICES Finance Debuts With Focus On SMEs, Youth Empowerment

APICES Finance Company Limited has officially launched, promising innovative financial solutions and inclusive opportunities targeted at small and medium enterprises and Nigerian youths. 

Speaking at the launch on Wednesday, Group Managing Director of APICES Finance Company Limited, Chief Daniel Oniko said the firm seeks to bridge gaps in the financial sector while fostering entrepreneurship and economic growth.

He emphasised that it also aims to empower lower, middle, and upper segments of the market through tailored savings and investment products, adding that its strategies also include nurturing the next generation of leaders in the financial sector through practical experience and skills development.

He explained the vision behind the establishment, saying his 24 years of banking experience motivated him to create a platform that contributes to Nigeria’s economic growth.

He highlighted the firm’s focus on youth development, stating that the company is grooming young employees to become future captains of industry by immersing them in financial transactions and operational processes, adding that the company stands out through knowledge, experience, and unique products that are not widely available in Nigeria.

He detailed two key offerings for the market, saying: "I just talked about the gold-for-cash facility. I don't think any bank in Nigeria is doing that. And that is something we are bringing to the market; to uplift people who have the wealth that is tied in their pillow, that we can actually exploit that to make them trade and understand that they can trade with that even when they still own the value of gold. So we are coming back.

“We are also doing debt factoring. Debt factoring, of course, is a legal framework where funds are actually released for some contractors and other contractors and companies who are doing supplies and all that to various companies where their payment circle is being withheld and all that. And we are ready to come and play on that field to actually release such funds to boost the economy and create more wealth for people."

He noted that a strong work ethic and profitability analysis remain crucial, saying many opportunities exist in Nigeria that are often overlooked. He said APICES Finance intends to lift businesses from lower levels to higher operational and financial success.

Board Director at APICES Finance, Chief Moses Chukwu, who represented the Board Chairman Mrs. Evie Ukodiko at the launch described the opening as the first step in a long-term plan to build a financial powerhouse that contributes to national economic growth and empowers stakeholders across sectors.

Chukwu highlighted APICES’ mission to support customers, partners, farmers, businesses, and youths, emphasising shared prosperity and wealth creation.

He explained the firm’s commitment to digitalisation, stating that all applications and processes are technology-driven to efficiently reach underserved communities.

Chukwu highlighted investment opportunities for Nigerian youths, saying, "We have so many youths that have skills that can convert their skills into money. But because they lack opportunity and they lack access to finance, most of those dreams remain a mirage. And that is why we say, we are intentional and it is a partnership for prosperity. When we discover such youths who have skills, have talents, we will partner with them to bring that dream to reality and convert it into money."

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