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Sterling Reaffirms Commitment To Agriculture At Fifth ASA

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CBN sanctions Sterling Bank, parades officials for hoarding new naira notes [VIDEO]

Sterling Reaffirms Commitment To Agriculture At Fifth ASA

 

 

 

 

 

Chief Executive Officer (CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman has said the bank is ready and willing to invest more in Nigeria’s agricultural sector, having invested more than N100 billion; a figure that represents about 15 percent of the bank’s total loans portfolio.

 

 

 

 

 

 

 

 

The CEO stated this in his closing remarks at the Agriculture Summit Africa (ASA) 2022 with the theme: “Engineering a Trillion Dollar Agricultural Economy,” which held recently both physically and virtually with more than 10,000 attendees from across the world.

 

 

 

Sterling Reaffirms Commitment To Agriculture At Fifth ASA

 

 

Agriculture is one of the five sectors of the economy that the bank has focused its investments since 2018 as part of her HEART of Sterling strategy. The others are health, education, transportation, and renewable energy.

Suleiman observed that apart from the Bank of Agriculture, he could not think of any other financial institution that has committed its resources to agricultural financing like Sterling Bank

“When we started the journey about five years ago, we were very clear in our minds that we did not just want to make it a talk show and we have been changing the focus of the conversation from moving away from identifying problems to providing solutions and now we are bringing stakeholders together in a bid to effectively move the conversation forward with action.

“We started it because we wanted to focus on agricultural financing where there was a significant gap. Every time we meet a stakeholder or a regulator, we noticed a different perspective of what the problem was and therefore it became clear to us that if we do not bring all the stakeholders together to harmonise their views and understanding, we will continue to remain in the dark,” he said.

The CEO noted that the summit became imperative as part of the global conversation on food security due to the consequences of global trade which was so obvious during the COVID-19 pandemic when there was a global disruption in the supply chain.

“So, this conversation about food security in Africa is one that we will continue to sponsor because of its existential purpose which is about leveraging our competitive advantage,” he said.

The Agriculture Summit Africa (ASA) is one of the continent’s leading, privately funded platforms dedicated to increasing the value of the agribusiness value chain by creating a convergence of private and public sector interests, development finance institutions, agribusiness investors and players.

This year’s edition, proudly supported by esteemed partners such as Leadway Assurance, Thrive Agric, GIZ, Nestle Nigeria PLC, Stears Data, GIZ, Noor Takaful, and 2Scale, amongst others, featured four panels over two days of deliberations, with discussions on solving the challenge of import substitution for large scale manufacturers by facilitating the sourcing of key inputs locally, achieving sustainable productivity at scale; increasing the adoption of technology to improve output as well as discussions on a framework to standardize agro-commodities trade and exchange to increase the value created in the sector and open up new investment opportunities.

The two-day event also featured key stakeholders and players from the agribusiness value chain such as Yemisi Iranloye of Psaltry International, Ayo Arikawe from Thrive Agric, Adetola Adegbayi of Leadway Assurance, Mira Mehta of Tomato Jos, Elenwor Ihua of the Nigerian Commodities Exchange, Femi Aiki of Foodlocker, Akin Akeredolu-Ale of the Lagos Commodities and Futures Exchange, Maxwell Olitsa of 2Scale, Sandy Eyal of CropIT, Victoria Madedor of AgroVerified, Taiwo Ayoade of Plantation Industries amongst other experts drawn from a diverse cross-section of the sector.

The Country Manager of Netherlands-based bank, Rabobank, Mr. Kevin Kabatsi, in his keynote address, talked about how the bank is using agriculture exchange to create a digital marketplace in countries where it operates.

In her goodwill message, the Lagos State Commissioner for Agriculture, Ms. Abisola Olusanya, encouraged youths that are seeking greener pastures outside the shores of the country to have a rethink because opportunities abound in the country because of gaps in the agricultural value chain.

She also said Lagos State can only produce 15,000 tonnes of red meat yearly but consumes more than 342,000 tonnes of red meat with transaction value of N350 billion sitting on the table which nobody is picking up.

The ASA, proudly hosted by Sterling Bank, is the largest private sector funded summit on agriculture on the continent, dedicated to discussing and uncovering practical solutions to the region’s unique challenges, facilitating transactions between investors and agric-focused ventures by highlighting opportunities in the sector for the benefit of public and private interests and the nation’s economy.

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FORENSIC INVESTIGATION REVEALS FABRICATED X ACCOUNT TARGETING INEC CHAIRMAN – CPS

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FORENSIC INVESTIGATION REVEALS FABRICATED X ACCOUNT TARGETING INEC CHAIRMAN – CPS

 

The Chief Press Secretary (CPS) to the Chairman of the Independent National Electoral Commission (INEC), Mr. Adedayo Oketola, has said that a purported X (formerly Twitter) account attributed to the Commission’s Chairman, Prof. Joash Ojo Amupitan, SAN, is fake and part of a coordinated disinformation campaign.

 

In a public statement issued on Monday in Abuja, Mr. Oketola disclosed that a comprehensive, multi-layered forensic investigation conducted by independent cybersecurity experts has conclusively established that the INEC Chairman does not operate any personal X account.

 

He said, “The Independent National Electoral Commission (INEC) , committed to a full forensic investigation, commissioned an independent forensic cybersecurity expert, who conducted a multi-layered forensic and digital investigation using X platform data, internet archive records, OSINT tools, identity forensics and cross-platform analysis.”

 

Oketola stressed that all posts, replies, and screenshots linking him to the handle @joashamupitan are fraudulent, forensically unverifiable, and technically impossible.

 

The controversy began on April 10, 2026, when viral social media posts alleged that the Chairman made a partisan comment — “Victory is sure” — in response to another user, supported by screenshots and purported digital records.

 

However, the CPS said the forensic investigation uncovered clear evidence of fabrication and impersonation, highlighting the following key findings:

 

· No Digital Linkage: There is no connection between the disputed X account and Prof. Amupitan’s verified email addresses or phone numbers, as multiple recovery and verification attempts failed to establish any link.

 

· False BVN/OPay Claims: Data used to suggest ownership of the account only confirms identity and does not establish control of any social media handle, making such claims a logical fallacy.

 

· Timestamp Manipulation: The alleged reply “Victory is sure” was posted 13 minutes before the original tweet it responded to—an occurrence that is technically impossible and definitive proof of fabrication.

 

· No Historical Record: Searches on the Internet Archive’s Wayback Machine showed zero evidence of the account or its alleged activity prior to April 2026.

 

· Non-Existence on X Platform: Live checks confirmed that the alleged reply does not exist and has never existed on the platform.

 

· Account Renaming Pattern: On the same day the screenshots went viral, the account was renamed @sundayvibe00, set to private, and labelled a “parody account,” indicating deliberate impersonation and damage control.

 

· Coordinated Multi-Platform Impersonation: At least seven fake accounts across Facebook and Instagram using the Chairman’s identity were identified, pointing to a sustained disinformation effort.

 

“The forensic evidence is comprehensive, multi-sourced, and unambiguous. The posts attributed to Prof. Joash Ojo Amupitan on X are fabricated. The account is a clear case of impersonation,” Mr. Oketola said.

 

Quoting one of the independent investigators, he described the development as “a coordinated digital impersonation and disinformation campaign,” warning that advances in artificial intelligence had made it easier to fabricate misleading content.

 

He urged the public to avoid sharing unverified information, noting that “the fact that content goes viral does not make it authentic,” and called on media organisations to prioritise accuracy over speed.

 

Mr. Oketola said the independent forensic report had been referred to the law enforcement agencies for necessary action. He also appealed to law enforcement agencies to investigate the origin of the fake account and prosecute those responsible under the Cybercrimes (Prohibition, Prevention, etc.) Act.

 

He said, “Media organisations, in particular, have a duty to apply strict forensic verification standards to social media posts and screenshots before publishing them, especially when such content implicates public officials or carries serious consequences for public trust and institutional credibility. Accuracy, not speed, must guide reporting in matters of this nature.”

 

He reiterated that all official communications from INEC are disseminated exclusively through its verified platforms, including its website (www.inecnigeria.org), verified X account (@inecnigeria), official Facebook page, online news portal (www.inecnews.com), formal press statements from its headquarters in Abuja, and official media briefings. Any account purporting to represent the INEC Chairman in a personal capacity, he said, should be treated as fraudulent unless formally verified by the Commission.

 

FORENSIC INVESTIGATION REVEALS FABRICATED X ACCOUNT TARGETING INEC CHAIRMAN – CPS

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How FirstBank is investing in Its People and Building Future Leaders

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FirstBank Set to Launch Tailored Financial Services for Blind and Physically Challenged Customers  

How FirstBank is investing in Its People and Building Future Leaders

For an average 9-5er, having a job isn’t enough. You want a career that grows with you, gives you stability, and opens doors to bigger opportunities. People everywhere are looking for workplaces that don’t just pay salaries but actually invest in their staff, helping them learn, lead, and succeed.

That’s exactly what FirstBank is doing. The Bank is building a future where every employee has the opportunity to grow, lead, and thrive. Through its human capital management and development agenda, FirstBank is creating numerous pathways for staff to transform their careers and become tomorrow’s leaders.

Conversion Programme: Turning Opportunities Into Careers

Needless to say that there is no desire for the 9-5er to remain in a temporary role when they can secure a full-time career. With FirstBank’s Conversion Programme, eligible non-core employees who have served for at least one year can transition into permanent positions. This initiative ensures that hardworking staff are rewarded with stability, growth, and the chance to contribute more meaningfully to the Bank’s success.

Leadership Programmes: Grooming the Next Generation

FirstBank has designed three flagship programmes to identify and nurture high-potential talents:

  • FirstBank Management Associate Programme (FMAP): A 24-month fast-track initiative that grooms future middle managers. Upon completion, participants are promoted to Assistant Manager grade, regardless of their previous grade.
  • Leadership Acceleration Programme (LAP): Focused on preparing internal middle-management talents for leadership responsibilities, ensuring the Bank’s succession pipeline remains strong.
  • Senior Management Development Programme (SMDP): A programme for senior managers who are proven leaders in their functions and critical to the Bank’s succession plan.

These programmes are not just training—they are career accelerators, designed to put staff on the fast lane to leadership.

FirstAcademy: Learning With Global Standards

Backing these initiatives is FirstAcademy, FirstBank’s corporate university, accredited by the Chartered Institute of Bankers of Nigeria (CIBN).

Staff also benefit from partnerships with institutions like Rome Business School and Association of Chartered Certified Accountants (ACCA), gaining access to world-class training—often at discounted rates

A Workplace That Values People

FirstBank’s parent company, First HoldCo PLC, was named second in the Best Workplaces in Financial Services in Nigeria. The Bank remains firmly committed to responsible employment practices, ensuring that all colleagues are treated with dignity, fairness, and respect.

The Future Is Human

With these initiatives, FirstBank is showing that its greatest investment is its people. By empowering staff through various growth opportunities, the Bank is not just building a workforce, it is cultivating leaders who will shape the future of banking in Nigeria and beyond.

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FirstBank Partners Ekiti State Government on Launch of Innovation Enterprise Support Fund

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FirstBank Partners Ekiti State Government on Launch of Innovation Enterprise Support Fund

 

Lagos, 10 April 2025 – FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, is proud to announce its partnership with the Ekiti State Government in launching the Innovation Enterprise Support Fund, a groundbreaking initiative designed to empower startups, scale tech-enabled businesses, and accelerate innovation-driven economic growth across the state.

 

The programme provides funding, mentorship, and market access to high-potential enterprises, with a focus on strengthening Ekiti’s innovation ecosystem, creating jobs, and supporting youth, women, and underserved communities. Notably, at least 40 percent of the fund has been reserved for female-led enterprises.

 

The Innovation Enterprise Support Fund Initiative is structured as a three-phase programme covering ideation, pre-acceleration, and acceleration for about 60 startups. Each enterprise will receive financial support ranging from ₦150,000 to ₦1,200,000, enabling job creation, revenue generation, and market-ready product launches.

 

Speaking on the partnership, the Managing Director/Chief Executive Officer, FirstBank Group, Olusegun Alebiosu, said “Entrepreneurship and Innovation are two of our core values at FirstBank. We believe MSMEs are enablers of economic growth and for 132 years, we have stood beside Nigerian businesses through every phase of growth, transition and transformation. We have remained committed to building stronger business through improved access to finance and capacity building; we created the SME Connect Platform to serve as a digital hub where Nigerian entrepreneurs find the resources to move from vision to value. We are excited about this partnership, and we see more than startups. We see future industry leaders, employers of labour, and perhaps our next big partners.”

 

 

 

The partnership aligns with FirstBank’s longstanding commitment to financial inclusion, SME development, and youth empowerment, with an emphasis on supporting women entrepreneurs, who represent 35% of Nigeria’s startup cohort.

 

FirstBank has been a consistent promoter and supporter of the innovation ecosystem and SMEs in Nigeria, providing notable interventions to help them scale their platforms and businesses. The Bank has designed multiple digital platforms for its SME customers to leverage on for business growth and expansion.

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