Keystone Bank, Enterprise Development Centre partner to empower SMEs in Nigeria

Keystone Bank partners Enterprise Development Centre to empower SMEs in Nigeria Keystone Bank partners Enterprise Development Centre to empower SMEs in Nigeria
L–R: Olayemi Sule, Group Head, Retail & Digital Banking, Keystone Bank; Nnenna Anyim Okoro, Executive Director, South & Corporate Bank, Keystone Bank; Dr. Nnenna Ugwu, EDC Management Board Member and Head, Alumni Relations & Support Services, Pan-Atlantic University; and Mrs. Patricia Ojora, President, EDC Alumni Association and CEO, Promoprints Limited, at the MoU signing between Keystone Bank and the Enterprise Development Centre, held at the Keystone Bank Head Office in Lagos on Tuesday. PHOTO: Keystone Bank Ltd.
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Keystone Bank Limited and the Enterprise Development Centre (EDC) of the Pan-Atlantic University have signed a significant Memorandum of Understanding (MoU) aimed at boosting Small and Medium Enterprises (SMEs), advancing youth entrepreneurship, and driving financial inclusion across Nigeria.

The MoU was officially signed on Tuesday, June 24, 2025, at Keystone Bank’s head office in Lagos.

Speaking during the ceremony, Mrs. Nnenna Anyim Okoro, Executive Director, Corporate and South, Keystone Bank, described the partnership as a bold and strategic initiative to accelerate Nigeria’s economic transformation.

According to her, the collaboration reflects Keystone Bank’s steadfast commitment to empowering future business leaders and fostering an inclusive financial ecosystem.

“At Keystone Bank, we believe that entrepreneurship is the heartbeat of sustainable economic development. Across Nigeria, MSMEs are not just businesses; they are the dreams and daily struggles of men and women determined to create value, provide jobs, and build a better future. They are, quite literally, the engine room of our national economy.

“Our sponsorship of the Annual EDC SME Conference 2025 and support for the Global Entrepreneurship Week (GEW) Walk reflect our deep belief in the transformative power of small businesses.

“This partnership is also about financial inclusion, youth engagement, capacity building, job creation, and collaboration,” she stated.

Olayemi Sule, Group Head, Retail & Digital Banking, Keystone Bank, also highlighted the innovative offerings customers can expect from the collaboration.

“Our customers should look forward to a suite of innovative financial products and digital solutions specifically designed to support business growth, enhance financial literacy, and improve market access.”

On her part, Dr. Nnenna Ugwu, EDC board member and Head, Alumni Relations & Support Services at Pan-Atlantic University, expressed strong optimism about the partnership’s long-term impact.

“We are super excited about this partnership and confident that it will drive transformation for both institutions.

“The EDC was established to build capacity and provide support services for SMEs. In the past 21 years, we have trained over 350,000 entrepreneurs across Nigeria.

“Keystone Bank’s support comes at a critical moment as we scale our programs and expand our reach ahead of the 2025 SME Conference and GEW Nigeria.

“The SME Conference is a powerful platform that brings together key players in the ecosystem each year to address pressing issues affecting small businesses.

“This collaboration strengthens our capacity to engage more entrepreneurs, provide deeper insights, and drive conversations that inspire growth, resilience, and innovation.

“We commend Keystone Bank’s leadership for its vision and dedication to inclusive economic growth. The bank has truly distinguished itself as a champion of enterprise, and we are proud to have them as a strategic partner,” she concluded.

As part of the MoU, Keystone Bank becomes the major sponsor of the 2025 EDC SME Conference and a key supporter of the GEW Walk, one of the flagship events during Global Entrepreneurship Week Nigeria 2025.

Both events are expected to attract thousands of entrepreneurs, investors, policymakers, and thought leaders, offering a dynamic platform for knowledge-sharing, networking, and business empowerment.

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