Stanbic IBTC Partners Abia State to Boost MSME Growth

Stanbic IBTC has reaffirmed its commitment to accelerating the growth of micro, small, and medium enterprises (MSMEs) across Nigeria through a strategic partnership with the Abia State Government. This commitment was announced during the Nigeria Business Summit regional tour held in Aba.

The partnership aims to deliver business enlightenment sessions, funding masterclasses, and advisory services to build the capacity of entrepreneurs in the region. Mazi Michael Enyinnaya Akpara, representing the Abia State Government, emphasized the state's commitment to enhancing Nigeria's competitive enterprise ecosystem and developing comprehensive MSME policies.

Stanbic IBTC's Chief Executive, Chuma Nwokocha, stated that access to capital and market intelligence is crucial for MSMEs to scale effectively. He highlighted the bank's role in providing financial structures and advisory capabilities to support sustainable business growth.

Remi Osuagwu, Executive Director of Business and Commercial Banking at Stanbic IBTC, noted the bank's nationwide approach to supporting entrepreneurs and bringing practical business support closer to operations.