Stan­bic IBTC Bank, Google to drive dig­i­tal in­clu­sion

Daily Trust - - BUSINESS - From Sun­day Michael Ogwu, La­gos

The Stan­bic IBTC Bank, a mem­ber of Stan­bic IBTC Hold­ings Plc. and tech­nol­ogy com­pany, Google, agreed to help youth and op­er­a­tors in the Small and Medium Scale En­ter­prises (SMEs) sec­tor in Nige­ria ac­quire dig­i­tal skills for eco­nomic ad­vance­ment.

The part­ner­ship would also ad­dress key chal­lenges that SMEs faced in grow­ing their busi­nesses.

Par­tic­i­pants would be trained on the ben­e­fits, skills and value of dig­i­tal mar­ket­ing.

The train­ing ses­sion was sched­uled to start in La­gos and Kaduna on July 19, 2016, and will sub­se­quently hold in seven other states across the coun­try.

The ini­tia­tive aimed to dig­i­tally em­power about 1,000 SMEs in one year.

The Head, SME Bank­ing, Stan­bic IBTC Bank, Obin­nia Ukachukwu, stated that as ef­fort to di­ver­sify Nige­ria’s econ­omy re­turned to the front burner, it be­came im­per­a­tive to high­light the role of dig­i­tal tech­nol­ogy on em­pow­er­ing the youth and stim­u­lat­ing growth of SMEs.

The Head of Dig­i­tal Ed­u­ca­tion, Google Africa, Bunmi Banjo, said: “We’re happy to be col­lab­o­rat­ing with Stan­bic IBTC Bank to pro­vide free dig­i­tal train­ings to lo­cal en­trepreneurs. With over 97mil­lion on­line sub­scribers, Nige­ria con­tin­ues to be one of the high­est on­line pop­u­la­tions in the world. And this presents big op­por­tu­ni­ties for the small and medium busi­ness sec­tor.”

The col­lab­o­ra­tion also en­tailed fur­ther train­ing on gen­eral dig­i­tal skills for pro­pri­etors of SMEs be­tween 18 and 35 years of age.

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