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Sterling Bank To Boost Nigerian Made Products Capacity, Launches MBN  

Olushola Bello by Olushola Bello
4 years ago
in Business
Sterling
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Sterling Bank Plc has created the Made-By-Nigerians (MBN) platform in boosting capacity, as part of its commitment to the growth and development of Nigerian businesses and the economy.

The Made-by-Nigerians (MBN) platform is a community designed to showcase the best products and services made by Nigerians, at home and abroad.

The bank will hold a fair from December 23 and 24, 2022 to exhibit the best Nigerian-made goods to the highest international standards.

Managing director and chief executive officer of the bank, Abubakar Suleiman, disclosed, at a press conference in Lagos, that participants should expect a spectacle comprising physical and virtual exhibitions, workshops, discounts, freebies, huge deals, games, refreshments, and entertainment, among others.

Abubakar said, the two-day event is the perfect avenue for Nigerian businesses to showcase and promote their products on a global scale by connecting buyers, sellers, and everyone in the supply chain in a fun and relaxed atmosphere.

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He remarked that the bank is supporting the fair because it is on a mission to promote brands owned by Nigerians to help them build capacity, grow their businesses, and transform the Nigerian economic climate.

According to him, “we are passionate about growing the economy, and we believe this is one of the ways to do it. Over 300 merchants have registered on the platform and are ready to serve buyers with products of the highest quality.”

The CEO also disclosed that the bank will support the businesses on the platform with access to professional services, such as, accounting, legal, and marketing, among others, in a bid to transform them from family-owned businesses into bankable entities that can attract professional employees, lending from banks, and new investors.

The press conference had chief executives of some of the most notable Nigerian brands, such as; Ehis Ero of Ero Crafted; Mariam Animashaun of Tang Groo Food Company; Omovo Ayoola, Oluwatobi Ajayi of Nord Motors; Ahmed Akinsemoyin of Zorkle; Carla Sonjirin of Spa Melori and Ifedayo Agoro of Dang! Lifestyle, in attendance.

They commended Sterling Bank for the initiative and expressed hope of collaborating with the lender to scale their operations.

MBN is a community for those who dare to dream. It is a hub that is accessible to every business within Nigeria and/or owned by Nigerians. Its focus is to help build and better position Nigerian brands to capture the growing global demand.

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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