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Stanbic IBTC Re-echoes Support for Nigeria’s Agricultural Sector

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Stanbic IBTC Holdings PLC, a subsidiary of Standard Bank Group, has pledged to continue to provide support for key players and investors in Nigeria’s agricultural sector; especially in the area of funding.

Stanbic IBTC sponsored the Agric-tech youth empowerment Masterclass at this year’s edition of Social Media Week Lagos. The Masterclass held on Wednesday, February 26 at the Landmark Centre, Lagos.

Mr Wole Oshin, Acting Head, AgricBusiness, Stanbic IBTC Bank PLC, revealed that the financial institution is providing support for the agricultural sector through various intervention funds such as the Central Bank of Nigeria’s Anchor Borrowers Programme.

According to him, such interventionist projects are geared towards helping small scale farmers boost production of their agricultural commodities. He also noted that the initiative would aid small farmers to grow from subsistence production to commercial production level.

He said: “Stanbic IBTC Bank PLC is working closely with a lot of the fintech companies to also provide some of our financial solutions through the agricultural value chain”; adding that youths that are interested in making a livelihood out of agriculture should take advantage of such strategic partnerships.

Mr Oshin further reiterated the need to further deploy technology into agriculture to boost productivity with minimal human efforts. Illustrating his point, he said: “The maximum production of maize in Nigeria annually is less than five million metric tons, we can achieve more by deploying technology to support agricultural production.”

Other panellists at the masterclass were Segun Oworu, Digital Farming Project Lead, Bayer Middle Africa Ltd and Angel Adelaja-Kuye, Consultant to the Governor of Ogun State on Agriculture. The session was anchored by Aliu Iyanuoluwa, CEO/Co-founder, Myfarmbase Africa.

During the session, Dr. Angel Adelaja-Kuye stressed the need for participants to actively get involved in agriculture, noting that people can make money not only as producers of agricultural products but also by tapping into the vast opportunities that are available through the agricultural value chain.

Similarly, Segun Oworu told the participants to embrace technology, being an enabler, in agricultural production in order to spend less and make more profit.

The SMW Lagos is a week-long conference where experts from various sectors share insights, trends, and ideas to participants. This year’s edition kicked off on Monday, February 24, through Friday, February 28, 2020. It aimed at creating opportunities for Africa’s most innovative minds.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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NURTW Crisis: Police Arraign Baruwa After ‘Coup’ Against MC Oluomo

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By Modupe Gbadeyanka

The attempt by Mr Tajudeen Baruwa to forcefully overthrow Mr Musiliu Akinsanya, otherwise known as MC Oluomo, as the chairman of the National Union of Road Transport Workers (NURTW) has landed him in trouble.

The factional chairman of the group was arrested by the police in Abuja on Monday after he led other members to the headquarters of NURTW to dislodge his opponent.

Mr Baruwa claimed that he won a case against MC Oluomo at the court, empowering him to take over the leadership of the union.

The action triggered pandemonium at the secretariat of the organisation yesterday, prompting officials of the Federal Capital Territory (FCT) Command of the Nigeria Police Force (NPF) to pick him up.

The police have arraigned him alongside the factional General Secretary, Mr Sulaiman Musa, and five others in connection with the incident.

They were charged at Magistrate Court 1, Wuse Zone 2, Abuja, by the police for disrupting public peace, though normalcy has since been restored to the area.

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Empowering Women Goes Beyond Celebrating IWD, Others—Interswitch HR

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By Modupe Gbadeyanka

The Group Chief Human Resource Officer of Interswitch, Mr Franklin Ali, has highlighted the importance of creating deliberate opportunities that support women’s professional growth.

Speaking at a virtual session organised by the company to commemorate International Women’s Day (IWD) 2026 under the theme Give to Gain, he noted that, “At Interswitch, we believe empowering women goes beyond celebrating milestones like International Women’s Day. It requires creating meaningful platforms where women can learn, share experiences, and gain the visibility needed to grow as leaders. Through initiatives like Give to Gain, we encourage our women to recognise the value they bring and confidently amplify their impact within the organisation and beyond.”

At the event, which also featured the Deputy Chief Executive of Stanbic IBTC Bank Limited, Ms Bunmi Dayo-Olagunju, the leading African technology company reaffirmed its commitment to empowering women across its workforce and fostering an inclusive workplace culture.

In her presentation, which focused on Give to Gain – Give Value, Gain Visibility, Ms Dayo-Olagunju emphasised the importance of intentional value creation and visibility in shaping professional growth for women in the workplace.

Drawing from her experience in the financial services sector, she also shared perspectives on how women can intentionally position themselves for greater impact, build influence within their organisations, and translate consistent value delivery into meaningful professional growth.

It was gathered that Interswitch distributed customised care packages to female employees across its offices. The gesture served as a token of appreciation for the resilience, dedication, and excellence demonstrated daily by women across the organisation.

Beyond the session and care packages, Interswitch continues to support women across its workforce through a range of internal policies to promote well-being and work-life balance. These include access to top-notch creche facilities, a robust maternity leave policy, and an exclusive spousal allowance initiative, all of which reinforce the company’s broader commitment to creating a supportive environment where women can thrive both professionally and personally.

This year’s International Women’s Day initiative reflects Interswitch’s recognition of the vital role women play in shaping the company’s continued growth and success. Across technology, operations, product development, finance, and leadership, women within the organisation continue to drive innovation and strengthen service delivery.

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Eight Die as Terrorists Blow up Niger Bridge

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By Modupe Gbadeyanka

A bridge connecting the Luma-Babana-Agwara communities in Niger State was destroyed by terrorists on Monday. The incident claimed the lives of eight people.

The bridge is a vital route used by residents travelling to the Babanna border market, which operates every Monday.

According to reports, the hoodlums used an improvised explosive device (IED) to bring down the facility located along Luma Road in Borgu Local Government Area of Niger State.

The Chairman of Borgu Local Government, Mr Mohammed Nasir Abdullahi, who confirmed the attack, noted that authorities were working to verify the full extent of the damage.

“There was actually an attack by the bandits, and we are trying to verify the magnitude. A bridge was actually damaged. Already, we have sent people to the area to verify things for us,” Vanguard quoted him as saying.

It also quoted a source as saying, “In the early hours today, bandits stormed Borgu local government area of the state and bombed the Lunma-Babana bridge. Apart from bombing the bridge, the bandits also detonated bombs between Rafingiwa and Babana, and another at Woro and Kaiama, forcing residents to flee the area.”

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