Providus Bank vows to encourage non-oil export

Bisola David
Bisola David
Providus Bank vows to encourage non-oil export

Providus Bank has pledged to assist its clients in developing a domestic economy that is dependent on exports in a sustainable manner.

This was said by the Managing Director and Chief Executive Officer of Providus Bank, Mr. Walter Akpani, in his opening remarks at the third hybrid non-oil export conference held by the financial institution in Lagos.

According to a statement, Akpani noted that the non-oil export summit series was created as part of the lender’s ambition for ongoing collaboration with significant stakeholders in the non-oil export market. Akpani was represented by the Deputy Managing Director of ProvidusBank, Mr. Kingsley Aigbokhaevbo.

He claimed that the conference allowed the bank to strengthen its backing for its participants in Nigeria’s agribusiness, mining and metals, African fashion, and general commerce industries within Nigeria, thereby creating opportunities for growth in export volume and trade earnings.

The CEO of Providus Bank stated that the most recent summit, which had as its theme “The pathway to growing non-oil export in Nigeria,” had been successful in the past and had been held in the second and fourth quarters of 2022 and 2023, respectively.

According to him, the bank sought to “beam a strong ray of light on the earning possibilities embedded in African fashion export” as it continued to expand its capacity in agribusiness, mining, and metals. This is why fashion export was included in the third edition of the event.

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