Stanbic IBTC Highlights Trade Export, Financing Benefits

Stanbic IBTC Bank Plc, recently participated in an Export Capacity Building Programme for registered exporters organised by the Nigerian Export Promotion Council.

Manager, Trade Finance, Stanbic IBTC Bank, Olatunde Oladejo, in his speech discussed how effective trade export strategies can open doors to new markets, drive revenue growth, and strengthen business relationships.

According to Olatunde, “Despite the challenges faced by the export sector, the non-oil export sector has emerged as a significant propeller of the Nigerian economy. Considering this trend, Stanbic IBTC Bank has a spectrum of measures to meet exporters’ needs.”

Relationship Manager, Africa China Banking, Stanbic IBTC Bank, Henry Oradiegwu, emphasised the significance of trade relations and partnership between Africa and China. He shed light on the immense opportunities for Nigerian businesses to tap into the Chinese market and Stanbic IBTC Bank’s role in facilitating these connections through its extensive Africa-China Banking platform and the Africa China Trade Soluton (ACTS).

Regional Coordinator, Nigerian Export Promotion Council (NEPC) Southwest Regional Office, Lagos, Akintunde Folorunso, provided valuable insights into the policies and initiatives put forth by the NEPC to support and promote exports from Nigeria.