Banking
Peak Wazobia: A Story Of Quality Nutrition At Pocket Friendly Price
By Dipo Olowookere
If quality and affordability is what you are looking for, look no further. East, West, North or South; Peak Wazobia Milk is the brand that provides quality nutrition to all classes of people at a pocket friendly price.
Milk is a highly essential and nutritious dairy product fortified with essential nutrients to enhance the performance of the body and mind.
This dairy product forms a key part of most homes breakfast table and can be taken with cereals, pap, custard, tea and so many more. East or west, north or south there is no demographic barrier to the consumption of milk or is there a class of people that doesn’t consume this nutritious dairy product.
To make this nutritious product affordable to all, Peak Wazobia; A low unit portion pack (LUPP) at the unit price of N50 was recently introduced to Nigerians and the acceptance has spread rapidly like wild fire.
The reason is not far-fetched, Peak milk is an international brand which has been around in Nigeria for over 60 years, the name Peak Milk is synonymous with quality and is the choice of many homes.
According to Ifeanyi Hamilton; Managing Director of The New Diplomat Multimedia Limited, Peak Wazobia is a pocket friendly product that compliments his cup of tea every morning.
“I can’t leave my house in the morning without a cup of tea; Peak Wazobia Milk comes in handy just for that. With prices of milk shooting through the roof, the affordability of the Peak Wazobia is a welcome development. And don’t forget, it is the same widely accepted peak milk that all Nigerians have come to love” he said.
He is not alone, Opeyemi Adeyinka, also shared her Peak Wazobia experience.
“Peak Milk is an accepted brand that is synonymous with quality. That, coupled with the low price makes it a double winner. It sounds almost unbelievable that you can buy Peak Milk Wazobia for N50, but thanks to Peak Milk for making it happen.”
Mrs Isijola Bakare, a mother of two from Sango Ota in Ogun State said Peak Wazobia is her children’s favourite.
According to her, Peak Milk is a household’s name in the country and the introduction of the Wazobia pack has further entrenched its acceptance.
“I grew up knowing Peak Milk. In fact, Peak Milk is synonymous with milk in the country. The introduction of the Wazobia Pack is a welcome development. At this time that resources are scarce, it is good to know that you can get same quality at a lesser price,” she said.
“Whenever I go to the market with my kids, they always point to Peak Wazobia; they enjoy it with their cereal, beverages and also like to take it like that directly from the sachet.”
Samuel Onojafe, a blogger said the introduction of Peak Wazobia is the in thing for him now.
“Peak Milk is my all-time favourite milk, but with the state of the economy, I could not afford to buy as often as I wanted, you could then imagine my joy when I heard of the Peak Wazobia which sells for just N50.
“At first, I was a little bit sceptical that it was impossible to get the same quality associated with the iconic Peak Milk for that small amount, but, alas, a trial convinced me,” he said.
He went further to express gratitude to the company for supplying the nutritional need of Nigerians at such a small price.
It is not only consumers that are benefitting from the impact of Peak Wazobia, Adamu Abubakar, who operates a kiosk in Alagbado reveals that Peak Wazobia is one of the fastest moving products in his kiosk as customers are always demanding for the product which in turn translated to better sales.
“I go to the market almost every week as Peak Wazobia Milk is always in constant demand by customers, and you know the better the sale, the more money for me,” he said in smattering English language.
It’s not only the content that sets the product aside from its counterparts, the easy to use nature and well-designed pack makes it a choice for many.
With its mastery of the industry and ever improving innovation, it is safe to say that Peak Wazobia Milk has come to stay and will continue to be at the peak while providing nutrition at an affordable price.
By Modupe Gbadeyanka
About N2 billion is expected to be used to finance renewable energy products for customers by the end of 2026 in an effort to accelerate Nigeria’s clean energy transition.
To meet this goal, Sterling Bank is launching Sterling Solar Financing Hubs inside StarTimes retail outlets to embed on-the-spot solar financing at the point of purchase.
From the N2 billion earmarked for this initiative, N600 million has already been used up.
Under this programme, customers can now walk into participating outlets, select their preferred solar solution, receive financial guidance from dedicated Sterling Solar Financing Advisors, and begin the financing process immediately, subject to the bank’s credit assessment.
The first phase of the rollout commenced this July with five Solar Financing Hubs across Lagos, located in Lekki, Ikeja, Festac, Surulere, and Victoria Island.
The network will expand rapidly to 46 StarTimes outlets nationwide before the end of the third quarter of 2026, with a view to extending the model to more than 200 StarTimes locations nationwide.
Both parties have promised to continue working together to democratise access to clean energy financing, empowering more Nigerians to solarise their homes and businesses while contributing to a greener future.
“Sterling exists to enrich lives, and we believe that access to clean, reliable energy should be within everyone’s reach. Through this partnership with StarTimes, we are democratising access to solar by bringing financing directly to the point of need, enabling more families and businesses to transition to sustainable energy without the burden of prohibitive upfront costs. This is about unlocking opportunity, improving livelihoods, and powering Nigeria’s future,” the Divisional Head of Renewable Energy and Mobility at Sterling Bank, Mr Darlington Nwankwo, said.
Also commenting, the Vice President of StarTimes Nigeria, Mr Eric Xiao, said, “With the rollout of the Sterling Solar Financing Hubs, we are doing more than just selling solar products; we are building a sustainable energy ecosystem. By integrating StarTimes’ extensive service network with Sterling Bank’s professional financial services, we are significantly lowering the barrier for Nigerian households and small businesses to access clean energy.
“Moving forward, we will continue to deepen this partnership, ensuring that more Nigerians can enjoy reliable, affordable, and smart energy solutions, ultimately turning our vision of energy accessibility into a reality for all.”
By Modupe Gbadeyanka
The Nigeria Business Summit Regional Tour of Stanbic IBTC Bank made a detour to Jogor Centre, Ibadan, Oyo State, on Wednesday, July 15, 2026, to empower Micro, Small, and Medium Enterprises (MSMEs).
The event brought together business leaders, development partners and government representatives to discuss pathways for sustainable enterprise development across the South-West.
Participants engaged in practical masterclasses on export opportunities; access to finance and business growth strategies; gaining actionable insights into market expansion; trade documentation; credit readiness; financial record-keeping; and structured financing solutions designed to support long-term business success.
The Head of Enterprise Banking at Stanbic IBTC Bank, Ms Olajumoke Bello, informed participants that the programme is part of the lender’s commitments to supporting MSMEs through practical business education, strategic partnerships and improved access to growth opportunities.
The Executive Director of Business and Commercial Banking at Stanbic IBTC Bank, Mr Remy Osuagwu, on his part, said, “Our ambition is to be more than a financial institution to Nigerian businesses. We want to be a trusted growth partner, providing the financing, business insights and advisory support entrepreneurs need to build sustainable enterprises and unlock new opportunities.”
Similarly, the chief executive of Stanbic IBTC Bank, Mr Wole Adeniyi, who reinforced the company’s commitment to enterprise development, highlighted the importance of providing businesses with the right support structures to enable sustainable growth and long-term competitiveness.
“At Stanbic IBTC, we believe that sustainable economic growth depends on the success of small and growing businesses. That is why we are focused on providing access to finance, practical advisory support and the connections businesses need to move from ambition to scale,” he stated.
The Oyo State Commissioner for Investment, Trade, Cooperatives, and Industry, Professor Soliu Adelabu, said the initiative was designed to support businesses and strengthen the state’s entrepreneurship ecosystem, praising the bank for its support for traders, entrepreneurs, and artisans in the state.
The Permanent Secretary in the Oyo State Ministry of Women Affairs and Social Inclusion, Mrs O.M. Shotonwa-Roagess, highlighted the importance of strategic partnerships in expanding economic opportunities for women and vulnerable groups across Oyo State. She noted that the ministry remains open to collaborating with organisations such as Stanbic IBTC, development partners and the private sector to drive financial inclusion, entrepreneurship and sustainable economic empowerment.
The Nigeria Business Summit Regional Tour forms part of Stanbic IBTC’s broader commitment to empowering entrepreneurs through capacity building, financial inclusion and strategic business support, helping enterprises unlock new opportunities for growth and long-term success.
The Ibadan leg built on the momentum of previous tour stops in Katsina and Aba.
By Adedapo Adesanya
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says Nigeria anticipates remittances from citizens living abroad to increase by two-thirds in 2026 as it seeks to bolster its foreign-exchange reserves to $1 billion monthly.
“We are expecting that by the end of the year, we will hit about a billion Dollars a month from diaspora remittances,” he said at the 14th Annual BusinessDay CEO Forum in Lagos on Thursday, themed From Stability to Shared Prosperity.
Mr Cardoso said remittances are expected to be boosted from more than $600 million currently, banking on the CBN’s deliberate target at remittances to diversify reserve sources beyond oil earnings.
According to him, the apex bank engaged Nigerians abroad, banks and international partners to identify barriers to official remittance flows.
He said the lender subsequently reviewed policies to ensure easier movement of funds into and out of the country.
Mr Cardoso described the approach as providing free entry and free exit for foreign exchange.
He said the reforms helped double diaspora inflows within one year and exceeded initial expectations, also projecting annual remittances could reach about $8 billion if the current momentum was sustained, adding that the development reflected growing confidence in Nigeria’s financial system and foreign exchange market.
Mr Cardoso said reforms introduced by the apex bank had restored stability in the foreign exchange market and improved investors’ confidence.
He identified exchange rate unification as one of the central bank’s major achievements under the reforms programme.
According to him, replacing multiple exchange rate windows with a market-driven system eliminated distortions and improved transparency.
Mr Cardoso said improved foreign exchange liquidity and stronger reserves were among the gains from the reforms.
He said Nigeria’s net external reserves had risen from about $3 billion at the start of the reforms to above $40 billion currently, noting that gross external reserves had grown to about $52 billion, representing about 10 months of import cover.
According to him, the reserves are designed to shield the economy from external shocks and excessive market volatility.
He said the reserves were not meant for routine interventions or day-to-day exchange rate management.
