First Bank of Nigeria (FBN) has said that it will churn out modern solutions, innovative products and modern platforms to support the non-oil export sector’s growth in 2025.
The Managing Director of FBN, Olusegun Alebiosu, revealed this at the bank’s first quarterly export webinar designed to educate the bank’s customers, clients, and stakeholders on emerging opportunities, pressing challenges, and the best global practices in the export industry held recently.
Themed, ‘From Nigeria to the World: Navigating Complexities in Non-Oil Exports’, Alebiosu said the webinar aims to promote best practices in Nigeria’s export trade and enhance economic growth.
Alebiosu promised that FBN would strengthen the non-oil export sector through innovative products, strategic partnerships, and modern platforms to drive sustainable growth.
His words, “At FirstBank, we recognise the critical role of non-oil exports in diversifying Nigeria’s economy, reducing dependence on oil revenue, and strengthening our global competitiveness.”
Alebiosu promised that FBN would strengthen the non-oil export sector through innovative products, strategic partnerships, and modern platforms to drive sustainable growth.
“At FirstBank, we recognise the critical role of non-oil exports in diversifying Nigeria’s economy, reducing dependence on oil revenue, and strengthening our global competitiveness. We will update you on our initiatives for the year and introduce modern solutions to drive the growth of the non-oil export sector in 2025.
“Be assured of our dedication to supporting Nigerian export companies with innovative products, partnerships, and platforms for sustainable growth.”
Also speaking at the webinar, William Kanya, Acting Director of Trade and Exchange at the Central Bank of Nigeria (CBN), emphasised the apex bank’s commitment to supporting non-oil exports.
Kanya outlined measures and collaborations with deposit money banks and regulators to ensure timely payment of export proceeds and proper pricing.
Nonye Ayeni, Chief Executive Officer (CEO) of the Nigerian Export Promotion Council (NEPC), said Nigeria has vast export potential that can be harnessed through collaboration.
Ayeni also provided insights into accessing international markets and meeting global standards and compliance requirements.
She highlighted mentorship programmes available to exporters and provided insights on accessing international markets and meeting global standards.