Stanbic IBTC Bank
Abayomi Susan
Micro, Small and Medium Enterprises (MSMEs) in Oyo State have gained valuable business insights and practical strategies to drive sustainable growth as the Nigeria Business Summit Regional Tour made its stop in Ibadan.
The event, held on Wednesday, July 15, 2026, at the Jogor Centre, Ibadan, was organised in partnership with the Oyo State Ministry of Investment, Trade, Cooperatives and Industry. It brought together entrepreneurs, business leaders, development partners and government representatives to explore opportunities for enterprise growth and economic development across the South-West region.
The Ibadan edition followed previous successful stops in Katsina and Aba, reinforcing efforts to equip Nigerian businesses with the knowledge, resources and connections required to overcome challenges and achieve long-term success.
Speaking at the opening session, Olajumoke Bello, Head, Enterprise Banking, Stanbic IBTC Bank, welcomed participants and reaffirmed the bank’s commitment to supporting MSMEs through business education, strategic partnerships and improved access to opportunities that promote enterprise growth.
Commending the initiative, the Oyo State Commissioner for Investment, Trade, Cooperatives and Industry, Professor Soliu Adelabu, described the summit as a valuable platform for strengthening the state’s entrepreneurship ecosystem.
He praised Stanbic IBTC for its continued support for traders, entrepreneurs and artisans, noting the importance of private-sector collaboration in driving economic development.
Also speaking, Mrs. O.M. Shotonwa-Roagess, Permanent Secretary, Oyo State Ministry of Women Affairs and Social Inclusion, highlighted the role of partnerships in expanding economic opportunities for women and vulnerable groups within the state.
She noted that the ministry remains committed to working with organisations such as Stanbic IBTC, development partners and private-sector stakeholders to promote financial inclusion, entrepreneurship and sustainable economic empowerment.
Participants at the summit benefited from practical masterclasses covering export opportunities, access to finance, business expansion strategies, trade documentation, credit readiness, financial management and structured financing solutions designed to strengthen business operations.
Reaffirming Stanbic IBTC’s commitment to enterprise development, the Chief Executive of Stanbic IBTC Bank, Wole Adeniyi, stressed the importance of providing businesses with the right support systems to achieve sustainable growth and remain competitive.
According to him, “At Stanbic IBTC, we believe that sustainable economic growth depends on the success of small and growing businesses. That is why we are focused on providing access to finance, practical advisory support and the connections businesses need to move from ambition to scale.”
Similarly, Remy Osuagwu, Executive Director, Business & Commercial Banking, Stanbic IBTC Bank, said the organisation remains committed to serving as a trusted growth partner for Nigerian businesses.
“Our ambition is to be more than a financial institution to Nigerian businesses. We want to be a trusted growth partner, providing the financing, business insights and advisory support entrepreneurs need to build sustainable enterprises and unlock new opportunities,” he said.
The Nigeria Business Summit Regional Tour reflects Stanbic IBTC’s broader commitment to empowering entrepreneurs through capacity building, financial inclusion and strategic support initiatives aimed at helping businesses unlock new opportunities and achieve sustainable success.
Businesses seeking more information about Stanbic IBTC’s SME solutions, capacity-building programmes and future regional engagements can visit the bank’s official website and follow @stanbicibtc across social media platforms for updates.
