Ecobank Nigeria unveils speakers for virtual regional trade conference

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Ecobank Nigeria has announced lead speakers for its Regional Trade Conference.

They include Mr. Segun Awolowo, Executive Director/ Chief Executive, Nigeria Export Promotion Council, Tei Konzi, Commissioner of Trade, Customs and Free Movement of Persons of the ECOWAS and Tedd George, Founder and Chief Narrative Officer, Kleos Advisory.

Others are Ade Ayeyemi, Group Chief Executive Officer, Ecobank Transnational Incorporated (ETI) and Patrick Akinwuntan Managing Director/Regional Executive, Ecobank Nigeria Limited.

According to the bank, Segun Awolowo is currently driving the Zero Oil plan as an economic blueprint for Nigeria.

The Ecobank Regional Virtual Trade Conference with the theme “Facilitating Regional Trade in the emerging AFCFTA era” is slated for the 22nd of September, 2020 and will provide an opportunity for exporters and importers within Africa to engage, creating a marketplace experience.

Speaking in Lagos, Head, Trade Finance, Ecobank Nigeria, Sunday Abah stated that due to its unrivalled footprint across Africa, Ecobank is uniquely positioned to facilitate cross border trade within the region leveraging its comprehensive trade solutions and various payment methods available across its network within Africa.

According to him, “Ecobank’s unique intra-Africa trade solutions enable settlements of international transactions and mitigation of payment risk while providing regional solutions such as issuance of payment guarantees to exporters without the need for a letter of credit and its related costs to the importer.

“Ecobank works closely with clients in structuring transactions, settlements, financing and risk mitigation.” he noted.

Further, he said “Our trade products and solutions are designed around two broad areas; trade finance and trade services. Trade Finance enables our customers benefit from adequate and well mitigated credit facilitation in the area of Import finance, export finance, bill discounting, trade loans, distributor finance, payables and receivables finance, structured trade and commodity finance amongst others.

“While our trade services, offer our customers the advantage of speedy turn around and error free processing of their import letter of credits, import collections, avalised bills, Customs bonds, export collections as well as their local purchase orders and payment invoices, via our electronic trade platforms OMNI e-Trade and OMNI eFSC (electronic financial supply chain).”

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