Sterling Bank Partners with Export and Sell Nigeria to Boost FX Earnings for Nigerian SMEs
In a bid to bolster the foreign exchange earnings of Nigerian small and medium enterprises SMEs, Sterling Bank Ltd., one of Nigeria’s foremost commercial banks, has unveiled a strategic collaboration with Export And Sell Nigeria Limited (EAS). The partnership aims to host the groundbreaking “Export to Wealth” conference from March 6th to 7th, 2024.
The conference is poised to empower over 2,000 export-ready businesses by equipping them with practical tools and resources essential for successful international retailing. With a focus on market trends, e-commerce strategies, and regulatory compliance, attendees will gain invaluable insights into navigating the complexities of global trade, particularly accessing the United States market.
Mustapha Otaru, Chief Product Officer at Sterling Bank, expressed enthusiasm for the collaboration, emphasizing its alignment with the bank’s commitment to supporting local businesses and driving economic development. The partnership underscores Sterling Bank’s dedication to fostering the growth of SMEs in Nigeria.
Nduka Udeh, Chairman and CEO of Export And Sell, highlighted the conference’s goal of training Nigerian businesses with exportable products to tap into international markets and adhere to global standards, ultimately earning foreign exchange through exports.
The event, which will feature workshops and networking opportunities, underscores Sterling Bank’s recent initiatives, including a partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to provide N5 billion in capital to businesses at favorable interest rates, further stimulating growth in Nigeria’s real sector.
Businesses interested in participating can register on the official event website, sterling.ng/global, as Sterling Bank reaffirms its commitment to empowering Nigerian SMEs and fostering economic prosperity.
