Sterling Bank has partnered with the Export Development Canada (EDC) to certify graduates of the Non-oil Export Academy. This collaboration aims to enhance skills in non-oil exports. The agreement supports Nigeria's economic diversification efforts.
Sterling Bank, a leading Nigerian financial institution, has entered into a partnership with Export Development Canada (EDC) to provide certification for graduates of the Non-oil Export Academy. This initiative focuses on bolstering the capabilities of individuals in the non-oil export sector, a critical area for Nigeria's economy amid efforts to reduce dependence on oil revenues.
The partnership was announced in a recent development covered by ThisDayLive, highlighting its role in professionalizing export training. While specific details on the certification process or the number of graduates involved remain undisclosed in available reports, the collaboration underscores international support for Nigerian exporters.
This move aligns with broader calls in Nigeria for innovative financing and skill development, as seen in related discussions on funding attraction and capital market advancements. No timelines or direct quotes from officials were provided in the initial coverage, but the agreement is expected to facilitate access to global markets for certified participants.
By certifying academy graduates, Sterling Bank and EDC aim to bridge gaps in export readiness, potentially increasing Nigeria's non-oil export volumes. This partnership reflects growing ties between Nigerian banks and international development agencies to foster sustainable economic growth.