The Alternative Bank Drives New Era for Trade at NITF 2025

The Alternative Bank (AltBank) has emphasised its commitment to tailored export-finance solutions for MSMEs in across the health, education, agriculture, renewable energy and transportation value chains.

The pledge, which comes on the backdrop of the ongoing Nigeria International Trade Fair 2025, reinforces the Bank’s role as a key driver of economic expansion and a catalyst for stronger trade systems across the country.

Executive Director South, The Alternative Bank,  Korede Demola-Adeniyi stated that “Since inception, this fair has always represented a clear truth. When Nigeria trades, Nigeria grows and when our cities open their doors to innovators and investors, prosperity follows.”“At the Alternative Bank, we believe finance should empower people. Through inclusive banking, we can unlock new wealth across communities and we are open to supporting communities that want to advance Nigeria’s trade potential without hidden fees or the burden of debt,” added Demola-Adeniyi.

In her remarks, Nigeria’s Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, acknowledged the contributions of Micro, Small and Medium Enterprises (MSMEs), stressing that they remain central to Nigeria’s economic development.

She encouraged entrepreneurs to leverage the fair to explore innovations, products, and services.“This trade fair complex was purpose-built to encourage trade and intra-African trade. The ministry is here in full force to support this revival and return it to its former glory,” Oduwole said.

Echoing this, Executive Director and CEO of the Lagos International Trade Fair Complex Management Board, Vera Ndanusa said the fair aims to enhance Nigeria’s commercial landscape by showcasing technological advancements in digital trade and industry.