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Sterling Bank Partners with Export And Sell Nigeria Limited to empower 2,000 SMEs

Blessing Joseph by Blessing Joseph
March 5, 2024
in Business, Financial Services, News
0
Sterling Bank Partners with Export And Sell Nigeria Limited to empower 2,000 SMEs
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Sterling Bank has collaborated with international trade consultancy Export And Sell Nigeria Limited to organize the inaugural ‘Export to Wealth’ conference, aimed at empowering 2,000 export-ready businesses with practical tools and resources for successful international sales.

Scheduled to commence on Wednesday, the conference seeks to equip businesses with the knowledge and skills necessary to thrive on international retailing platforms.

Mustapha Otaru, Chief Product Officer at Sterling Bank, expressed excitement about the partnership and highlighted the bank’s commitment to supporting local businesses and fostering economic development. Otaru emphasized the importance of providing practical solutions and facilitating market access to empower businesses to scale and succeed globally.

Nduka Udeh, Chairman and Chief Executive Officer of Export And Sell, highlighted the seminar’s objective of training Nigerian businesses with exportable products to identify opportunities in international markets, adhere to international standards in labeling and packaging, and ultimately earn foreign exchange through exports.

The conference will provide attendees with insights into market trends, e-commerce strategies, and regulatory compliance, with a particular focus on accessing the United States market.

This initiative comes on the heels of Sterling Bank’s recent agreement with the Small and Medium Enterprises Development Agency of Nigeria to disburse N5 billion in capital to businesses at a single-digit interest rate. The aim is to stimulate sustainable growth in the real sector of the Nigerian economy.

The collaboration between Sterling Bank and Export And Sell Nigeria Limited underscores their shared commitment to supporting Nigerian businesses and driving economic growth through export promotion and capacity building.

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