Category: Brand & Industry

FirstBank Nigeria targets 10million new customers with Agency banking

First Bank of Nigeria is targeting to grow its customer base by over 10 million new customers in the next three years. The expansion is in sync with the Bank’s financial inclusion initiative. Managing Director and CEO, First Bank of Nigeria Limited and Subsidiaries, Dr. Adesola Adeduntan, who disclosed this in Lagos on Tuesday, said…

Economic Recession: Experts urge more spending

 Economic and financial experts agreed that the economy had slid into a recession, stressing the need for massive government spending to revive it. The Director-General, West African Institute for Financial and Economic Management, Prof. Akpan Ekpo, said, “The economy is in a recession. What we need now is a robust fiscal policy. Government has to…

Nigeria: Agro-Dealers Deny Defamatory Reports Against Agric Minister

The Growth Enhancement Support Scheme Agrodealers Association of Nigeria (GESSAN) has refuted reports that it defamed the minister of Agriculture, Chief Audu Ogbeh, the minister of state and the permanent secretary. The national chairman of GESSAN, Alhaji Kabiru Umar Fara, told journalists in Abuja that the issues raised in a national daily making bribery allegations…

FG issues guidelines on wood exports

THE Federal Government has issued guidelines on the felling of trees and exportation of wood. The Director of Forestry, Federal Ministry of Environment, Phillip Bankole, made this known recently while announcing the suspension of the ban on wood exports. Some of the guidelines include the issuance of a new international trade certification for wood exports…

FEC Approves New Agric Policy, Farmers May Have to Pay for Security at Farms

Farmers may have to pay for the federal government to provide them with security against kidnappers and other intruders who may want to invade their farms. This was disclosed yesterday by the Minister for Agriculture and Rural Development, Chief Audu Ogbeh, while briefing journalists at the end of the Federal Executive Council (FEC) meeting held…