Wema Bank launches export trade academy to empower SMEs

WEMA Bank has unveiled the Wema Export Trade Academy, a comprehensive training programme designed to equip Small and Medium Enterprises (SMEs) with the skills and tools necessary to succeed in global trade.

The initiative aims to bridge the knowledge gap and address the challenges faced by Nigerian SMEs in international markets.  The academy will provide expert-led sessions, mentorship, and practical insights into compliance, documentation, financial planning, and risk management.

According to Wema Bank’s Managing Director and Chief Executive Officer (CEO), Mr. Moruf Oseni, the “initiative reinforces the bank’s commitment to building the capacity of Nigerian businesses and supporting their evolution into global competitors.”

He said the programme would enable SMEs to overcome regulatory, financial, and logistical hurdles, positioning them to contribute significantly to global markets, while also providing networking among Nigerian exporters, fostering connections between businesses and international trade facilitators.

He said: “Wema Bank’s innovative approach strengthens its reputation as a pioneer in Nigeria’s financial services industry, supporting sustainable growth for individuals and businesses across various sectors.

“Navigating the complex landscape of export trade involves overcoming regulatory, financial, and logistical hurdles, which can often hinder small businesses from establishing a foothold, the Wema Export Trade Academy is designed as a solution to these challenges faced by Nigerian SMEs when entering international markets. 

“The Academy specifically structured to address each critical aspect of global trade, providing SMEs with targeted guidance on compliance, documentation, financial planning, and risk management.”