Katsina, Nigeria; 2026 — Stanbic IBTC, a member of Standard
Bank Group, partnered with the Katsina State Enterprise Development
Agency (KASEDA) for its MSME Day celebration in Katsina, reaffirming the
organisation’s commitment to supporting the growth and long-term
success of micro, small and medium enterprises across Nigeria.
The event, organised by KASEDA as part of activities marking
International MSME Day, brought together entrepreneurs, business owners,
policymakers, development partners, and key stakeholders in the
enterprise ecosystem to recognise the vital contribution of MSMEs to
economic development, job creation, poverty reduction, innovation, and
sustainable growth.
The celebration provided a platform for entrepreneurs to showcase their
products and services, engage with relevant stakeholders, and gain
insights into opportunities for business expansion, access to finance,
market access, digital transformation, and capacity development. It also
reinforced the importance of collaboration between the public sector,
private sector, and financial institutions in creating an enabling
environment for enterprise growth.
Speaking on the partnership, Remy Osuagwu, Executive Director, Business
and Commercial Banking, said Stanbic IBTC’s involvement reflects the
organisation’s belief that MSMEs remain central to Nigeria’s
economic transformation.
“At Stanbic IBTC, we recognise that MSMEs are not just small
businesses; they are engines of employment, innovation, community
development, and economic resilience. Our partnership with KASEDA for
the MSME Day celebration in Katsina underscores our commitment to being
a trusted partner to entrepreneurs, providing relevant financial
solutions, advisory support, digital tools, and access to opportunities
that help businesses grow sustainably.”
The partnership aligns with Stanbic IBTC Bank’s broader SME value
proposition, which is designed to support entrepreneurs and growing
businesses with tailored banking solutions, access to finance, digital
banking platforms, trade support, and business advisory services.
According to Dr Babangida Ruma, Director General KASEDA, Stanbic
IBTC’s partnership further strengthens KASEDA’s objective of
promoting enterprise development and building a more vibrant MSME
ecosystem in Katsina State.
“We are pleased to partner with Stanbic IBTC on this important
celebration of enterprise and entrepreneurship. Collaborations like this
are critical to expanding opportunities for MSMEs, improving access to
finance and markets, and helping small businesses become more
competitive.”
Stanbic IBTC noted that the collaboration with KASEDA forms part of its
continued drive to deepen engagement with entrepreneurs across Nigeria
and deliver practical solutions that respond to the realities of small
and medium-sized businesses.
“We understand that SMEs need more than banking solutions. They need
partners who understand their journey, their ambitions, and their
challenges. Through partnerships like this, Stanbic IBTC demonstrates
its role as an SME-focused bank committed to helping Nigerian businesses
move from possibility to progress,” Wole Adeniyi, Chief Executive,
Stanbic IBTC Bank added.
Stanbic IBTC reaffirmed its commitment to supporting MSMEs through
innovative banking products, strategic partnerships, financial literacy,
enterprise development initiatives, and access to solutions that enable
businesses to thrive in today’s competitive environment. The financial
solutions provider continues to offer practical support that help
businesses manage operations efficiently, unlock growth opportunities,
and build resilience in a dynamic economic environment.
