For decades, one of the greatest barriers confronting women entrepreneurs in Nigeria has not been the absence of ideas or ambition. It has been access to opportunity.
Across markets, farms, factories, salons, restaurants and technology hubs, millions of Nigerian women have demonstrated resilience, creativity and determination. Yet many, including women, continue to struggle to obtain affordable financing, business support and the mentorship required to scale their enterprises. Conventional lending models often demand collateral that many women do not possess, limiting their ability to expand despite running viable businesses.
Recognising these challenges, FirstBank introduced FirstGem in October 2016 as a deliberate strategy to deepen financial inclusion, unlock the economic potential of women and build stronger businesses capable of contributing meaningfully to Nigeria’s development. Nearly a decade later, FirstGem has evolved into the country’s most comprehensive women-focused financial propositions, combining affordable financing with mentorship, business development, networking and capacity building.
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