Heritage Bank, others canvass adequate Agric Financing for finance services repositioning Heritage Bank Plc has affirmed that adequate agricultural financing is critical in defining Nigeria’s trade competitiveness, which guarantees sustainable agricultural systems, generates foreign exchange – a critical aspect that equips the financial sector to respond to changing market requirements and address critical sector needs for global competitiveness. The Executive Director of Heritage Bank Plc, George Oko-Oboh disclosed this, during the Chartere…
Sterling Bank Announces Change Of Name The shareholders of Sterling Bank, one of the commercial banks in Nigeria, has finally announced moves to change the bank’s name after converting it to a holding company. They have also approved the transfer of the bank’s investments into the HoldCo, which will serve as a parent company. Over 28,790,418,124 ordinary shares of 50 Kobo each in the Issued and Paid-up Share Capital of the bank are held by the Scheme Shareholders, and were all transferred to Sterling Financial Holdings Company Limited. By t…
Lagos CJ Appeals To Govt. Over Igbosere High Court Reconstruction The Chief Judge of Lagos State, Justice Kazeem Alogba has appealed to the state government to urgently look into the reconstruction of the Igbosere High Court which was burnt in the wake of the violence which trailed the Endsars protests Justice Alogba made the appeal after a minute of reflection in a sober mood during his vote of thanks to mark the opening of the 2022/2023 Legal Year of the Lagos State Judiciary at the Lagos Central Mosque, Lagos Island. He lamented the destru…
Consumers Groan Over Rising Inflation There is no denying the fact that not a few consumers are groaning under the increasing rate of inflation which has made most essential goods and services to be unaffordable across markets. Ostensibly to buttress the unfavorable market situation, the National Bureau of Statistics (NBS) in its recent Report on inflation says the inflation rate rose to 20.52 percent August 2022. In its report titled, ‘CPI and Inflation Report August 2022’, the Bureau stated, “In August 2022, on a year–on–year basis, the head…
Ota-Idiroko Road: Traffic Experts Proffer Solution To Incessant Crashes At Iju Bridge In the last one month, the ever busy Ota–Idiroko road that serves as a connection route from Nigeria to neighbouring West African countries have the Iju Bridge which is one of the few bridges dotting the road stretch featured severally in the news for wrong reasons. No fewer than six crashes have occurred within the period of one month, raising concerns by road users who called for urgent intervention from the government to forestall such incidences that has…
Fayemi visits triplets born to 71-year-old retired priest The First Lady of Ekiti State, Erelu Bisi Fayemi, has paid a special visit to a couple blessed with a set of triplets at the Ekiti State University Teaching Hospital in Ado-Ekiti. The triplets are the first children of 71-year-old Venerable Hezekiah Akenroye, a retired Anglican Priest and his wife, Mrs Durodoluwa Felicia Akenroye, 45, who were married in April 2016. The wife of the septuagenarian clergyman gave birth to the babies on Wednesday, September 21, 2022. They weighed 2.3kg, 2.…
Bad roads: Traffic diversion bothers Ekiti community The Okemesi community in Ekiti West Local Government, Ekiti State, has raised alarm over the looming danger following the diversion of traffic to the roads linking the town due to their poor state. The National Publicity Secretary, Federation of Okemesi Improvement Union, Abraham Adeleye, said the roads particularly those linking Imesi to Osun State borders and suburbs were not in good condition and impassable for heavy-duty vehicles if accidents were to be prevented. Adeleye, in a statement…
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