Sterling Bank Launches 2025 Non-Oil Export Academy – Now Open for Applications
Sterling Bank has officially opened applications for the 2025 edition of its Non-Oil Export Academy—a transformative initiative created to equip Nigerian exporters with world-class expertise, technical knowledge, and strategic guidance to succeed in global non-oil markets.
This academy is more than just a training program—it’s a carefully structured platform that brings together critical players across Nigeria’s export value chain. These include emerging and established exporters, industry experts, financial institutions, regulators, manufacturers, logistics providers, and other stakeholders invested in building a resilient and diversified export sector.
Why the Non-Oil Export Academy Matters
Nigeria remains heavily reliant on crude oil exports, which continue to dominate the country’s trade portfolio. According to official trade data, in the fourth quarter of 2024, Nigeria’s total trade volume reached ₦36.6 trillion, out of which ₦20 trillion came from exports. Alarmingly, crude oil made up nearly 69% of those exports, while non-oil products accounted for just 4.2%. This disproportionate dependence on oil poses economic risks—especially given the global volatility in oil demand and pricing.
Sterling Bank’s Non-Oil Export Academy was developed as a proactive response to this challenge. The program seeks to diversify Nigeria’s economic base by unlocking the potential of non-oil sectors such as agriculture, manufacturing, textiles, solid minerals, and processed goods. Through this initiative, Sterling Bank is championing a future where Nigerian businesses can thrive globally without relying on petroleum exports.
What Participants Will Gain
The 2025 Academy offers a well-rounded, immersive learning experience, combining theory with practical insights. Participants will benefit from expert-led sessions and real-time advisory services that address the full export journey—from production to international market access.
Key Areas Covered Include:
Export Documentation and Compliance: Understanding customs procedures, permits, and international trade regulations.
Quality Control and Standards: Meeting global requirements for packaging, labeling, and product safety.
Market Intelligence and Expansion: Identifying profitable global markets and adapting products for international buyers.
Export Financing and Risk Mitigation: Navigating funding options, foreign exchange policies, and risk insurance.
Logistics and Supply Chain Management: Optimizing warehousing, transportation, and delivery processes to ensure timely export.
A Strategic Economic Development Initiative
Sterling Bank envisions this academy as a cornerstone in Nigeria’s broader effort to strengthen its position in global trade. By investing in the capacity of local exporters, the bank is actively contributing to employment generation, foreign exchange earnings, and sustainable economic development.
Whether you’re a small business owner looking to explore new international opportunities or an established exporter aiming to scale your operations, the Sterling Non-Oil Export Academy provides a unique opportunity to elevate your business to global standards.
How to Apply
Applications are now open, and interested participants are encouraged to submit their entries early. The program is designed for serious entrepreneurs and businesses ready to grow their export potential and make a measurable impact on Nigeria’s non-oil export landscape.
