Providus Bank Plc has commissioned a new branch in Ado-Ekiti, marking another step in its steady expansion across key growth markets in Nigeria. Having met the Central Bank of Nigeria’s (CBN) recapitalisation requirement since January 2025, Providus Bank is now focused on expanding its footprint to support local enterprise, deepen financial inclusion, and bring banking services closer to individuals and businesses. Speaking at the commissioning, the Executive Director/Chief Financial Officer, Deoye Ojuroye, noted that the expansion is part of a broader plan to strengthen the Bank’s presence nationwide over the next 12 months. “Our approach is deliberate—we are growing in the right places, supporting real economic activity, and building a bank that is both resilient and responsive to the needs of our customers.” He added that Providus Bank remains on a strong footing, with a disciplined approach to capital and risk management underpinning its growth. “We are w...
I n a move aimed at strengthening technical capacity, improving milk quality, and boosting productivity in Nigeria’s dairy sector , Nestlé Nigeria Plc has signed a Memorandum of Understanding (MoU) with the Federal Ministry of Livestock Development to establish a Dairy Technical Skills Development Centre in Paikon Kore, Gwagwalada, Abuja, The centre, to be situated within the Nestlé Dairy Demonstration Farm, represents a significant step in scaling up the company’s ongoing Nestlé Livestock Development Project (NLDP). It builds on earlier milestones, including the launch of the demonstration farm in 2025 and a Letter of Intent signed on World Milk Day 2025, marking a transition from pilot initiatives to full-scale implementation. Under the partnership, both parties will deliver structured training programmes and targeted interventions designed to enhance on-farm practices in milk production, processing, hygiene, and farm management. Th...