First Bank of Nigeria says it is deliberately targeting financing for small and mid-sized enterprises as part of efforts to strengthen Nigeria’s economy and foster inclusive growth.
At the 31st Nigeria Economic Summit in Abuja, Managing Director Olusegun Alebiosu said the bank was focused on using digital solutions and tailored financial products to drive the evolution of the Nigerian economy.
“With 131 years of continuous service, we remain a trusted ally for businesses. Our suite of banking solutions is designed to propel innovation, resilience and diversification,” he said.
Alebiosu emphasised that lasting progress required collaboration between policy, industry, and technology stakeholders.
Supporting the message, Group Executive for Commercial Banking (North Division), Aishatu Bubaram, said the middle market was at the “heart of Nigeria’s future prosperity,” with sectors such as agribusiness, healthcare, digital services, and light manufacturing offering huge potential.
She argued that unlocking this potential required deliberate action to address financing gaps, advisory shortfalls, and structural weaknesses.
“This session is about reimagining how finance can accelerate inclusion, how policy can create enabling environments, and how collective action can turn Nigeria’s entrepreneurial energy into shared prosperity,” Bubaram said.
