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RED STAR IS THE BEST IN COMPLIANCE –EMEJE, CRD BOSS

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The Head of the Courier Regulatory Department (CRD) of NIPOST, Dr Simon Emeje has commended the management of Red Star Plc for its steadfastness in its compliance to all regulatory rules laid down by the department for the courier industry.  This much he said when the management of the company, led by the outgoing Group Managing Director, Mr Sule Bichi paid the management team of the CRD courtesy visit on Wednesday.
Emeje stated that if the CRD were to give awards to those in the industry, he will give Red Star Plc an award as the best in compliance to regulatory rules among many others. He said this is a reflection of the leadership style brought to bare on the company by the outgoing Group Managing Director. 
Describing Bichi, Emeje said “he is someone who is ready to do what is right at all times, even in the face of adversity.  He is a gentleman who is highly committed to the industry and he makes sure he complies with every regulation as at when due. If we have any forum, we will continue to make use of his experience and invite him”.
Corroborating this, Andrew Ebiloma, Head of Enforcement, CRD noted that Red Star as a company has always been at the forefront of most of the trainings and seminars organized by the regulatory body for operators in the industry. Members of the team of CRD that received the Red Star management include Aribasoye Olusola, Head of finance and Accounts; Dotun Shonde, Head Licensing & Renewal; Mrs Ogunlesi, Head Control Administration and Mrs Deborah Ogonmilade, Head Media and Publications. 
Speaking earlier, the outgoing Group Managing Director of Red Star Plc, Mr Sule Bichi disclosed that the organization is undergoing changes in leadership and structure so as to restrategise for the future, hence the need to keep the regulatory authority informed on developments and new innovations. He noted that the company has expanded with different subsidiaries that have enormous growth potential which is required to contribute positively to the industry.
Bichi was accompanied on the visit by the Deputy Managing Director and CEO, Sola Obabori; Executive Director, Finance, Auwalu Babura; Executive Director, Sales and Marketing, Victor Ukwat; Divisional Managing Director of Red Star Express, Charles Ejekam and Corporate Affairs Manager, Olufemi Oluwole.

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Richard Quest Visit Management Of Fidelity Bank Plc

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CNN Anchor, Richard Quest (left) engaging with Managing Director/CEO, Fidelity Bank, Nnamdi Okonkwo on SME lending and leveraging digital channels to deepen financial inclusion in Nigeria… Monday

CNN Anchor, Richard Quest, paid a courtesy visit on the Management of Fidelity Bank Plc on Monday, February 12.

During the visit, he engaged the team on several issues including SME lending and leveraging digital channels to deepen financial inclusion in Nigeria.

www.theoctopusnews.com, presents pictures from the event.

(more…)

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3,000 Undergraduates Benefit From Fidelity Youth Empowerment Programme

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Fidelity Bank Plc, has trained over 3,000 undergraduates from various tertiary institution on skills acquisition through its youth empowerment programme. Nnamdi Okonkwo, the bank’s CEO made this disclosure Friday during the closing ceremony of the Fidelity Youth Empowerment Academy (FYEA) held at the Sokoto State University (SSU) in Sokoto.

“The students were drawn from the 5 institutions that have benefitted from the banks youth empowerment initiative that aims to teach vocational and entrepreneurship skills”, he stated.

Okonkwo who was represented by the Head, Corporate Social Responsibility (CSR) and Sustainability, Fidelity Bank, Mr. Chris Nnakwe called on Nigerian youths to embrace entrepreneurship and create wealth for themselves instead of searching endlessly for non-existing paid jobs.

Organised as part of the bank’s CSR intervention, Nnakwe pointed out that the programme now in its 7th edition seeks to empower the Nigerian undergraduate with skills and enterprise training, which are relevant for self-reliance.

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He stated that the bank had organised the programme in various institutions of higher learning including the University of Nigeria, Nsukka; Waziri Umar Federal Polytechnic, Birnin-Kebbi; Federal Polytechnic Oko, Anambra State; Rivers State University of Science and Technology, Port Harcourt; Bayero University, Kano and Nnamdi Azikiwe University, Awka.

For the Sokoto edition, Nnakwe stated the bank has expanded the scope of the programme in a bid to accommodate new areas of vocational training. Apart from the typical training on tailoring and make-up, he noted that participants were also provided with requisite skills and first-hand knowledge in Fashion Designing, Cloth Embellishment, Cocktail and Phone Engineering among others. “We in Fidelity Bank have targeted programmes on education, environment and youth empowerment. This one you are witnessing today is part of fulfilling our promises to the society,” Nnakwe said.

According to him, the youths were trained to acquire skills to enable them to become self-reliant and also make them employers of labours even while in school. He disclosed that at the end of the training, starter packs would be given to each participant to enable him or her to commence business.

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Speaking earlier at the opening ceremony, the Governor of Sokoto State Aminu Tambuwal, thanked Fidelity Bank for choosing the school for the programme. Tambuwal, stressed that as a responsible government his administration has prioritised the welfare of the youths in the state. He enjoined the participants to stay focused and concentrate in order to benefit from the training.

In the same vein, the Vice Chancellor, Sokoto State University, Prof. Sani Dangogo, thanked Fidelity Bank for the gesture, saying the training would go a long way in alleviating the financial burden of the students.

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Nigeria has potential to feed Africa’s 1.2bn people – Ecobank

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Leading pan-Africa financial institution, Ecobank, has revealed that Nigeria has the capacity to feed Africa’s estimated 1.2 billion people if it harnesses the gains of the agricultural value chain.

According to the bank, success in Nigeria’s agricultural sector means the reduction in the demand for foreign exchange to import food items into the country and the development of the agribusiness value-chain with a resultant effect in the creation of a new breed of entrepreneurs as well as jobs for the teeming population.

Ade Ayeyemi, Group Chief Executive Officer of Ecobank Transnational Incorporated (ETI), stated this on Thursday at the Ecobank Agribusiness Summit in Lagos. The summit had its theme “Unlocking Productivity and Investment Opportunities Across Nigeria’s Agribusiness Value Chain”

According to Ayeyemi, Ecobank decided to create a platform of a Summit to enable thought-leaders who are passionate about agriculture and its importance to Nigeria’s economy to put heads together and find ways to maximize the significant potential gains of boosting agribusiness in Nigeria.

He said Ecobank works with various governments and businesses within its footprint to provide support in harnessing and mining value from the huge natural resources across the continent. “The success of this Summit and its objectives is therefore important to Ecobank, as we do know Africa remains fully committed to contributing to its economic development – a core objective of our founders”.

Also speaking, the Minister of Agriculture and Rural Development, Alhaji Mohammed Nanono affirmed that the administration of President Muhammadu Buhari is committed to finding a lasting solution to issues bothering on food security affecting the country.

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Nanono who was represented by the Minister of State for Agriculture and Rural Development, Mustapha Baba Shehuri also stressed on the need for viable synergy and collaboration between relevant stakeholders in the agricultural sector, so as to further promote its contribution to the Gross Domestic Products (GDP) of the country.

“The aim of this submit is indeed very apt as it would contribute on creating a sustainable economy through the development of rural agricultural enterprises. It is gladdening that this forum has brought together small-holders, input dealers, agro-processors, development finance agencies, policy makers and the captains of industries under one roof to discuss the problems and challenges facing the sector, with the view to finding solutions and way forward.

“This summit also marks another milestone attraction in the journey of economic diversification in line with the vision of the economic recovery growth plan of the current administration of his Excellency, President Mohammadu Buhari, to boost agricultural production prosperity, promote innovative technologies and investment in the agricultural sector, in order to achieve poverty reduction and job creation.

“Nigeria’s potentials and prospects, makes the agricultural sector a pilot for economic stabilization, diversification and growth in the country. Indeed, the sector is a major contributor to the national Gross Domestic Product (GDP), contributing about 27 percent to the GDP and the biggest in job creation in the non-oil sector.

“As you are aware, the administration of President Mohammadu Buhari is committed to finding a lasting solution to addressing the issues of food security in the country, as well as encourage local farmers to produce more and better-quality food for all. The aim was to restore the glory of the country’s agricultural sector, which before the oil-boom was we all know, was the main driver of Nigeria’s economy.

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“Let me also reiterate, that under the current dispensation, the agriculture sector has engineered more farmers for providing the required raw materials for the development of the agro-allied industry in the country.

“With the noticeable growth in production in agriculture, agricultural and food sector, The has been on stimulating agricultural export, to increase our foreign exchange earnings. In doing this, we are giving attention to meeting the requirements of not only the locals, but also international market.

“At present, the Federal Ministry of Agriculture and Rural Development is promoting and supporting the development of special agro-industrial processing funds, in collaboration with the African Development Bank (ADB) for value addition, import substitution, job creation and international market. Commitment and support would continue to be given to the areas of promoting foreign and local enterprise to advance level of credit and investment in agriculture as a veritable step to diversify the economy.

“Within the overall sets of policy principles, the federal government is concentrating on providing an enabling environment and enabling playgrounds for stakeholders at all levels, to enhance investment and capital flow into the sector,” he said.

The maiden Ecobank Agribusiness summit in partnership with Vanguard Newspapers had exhibitors and hundreds of participants from within and outside the country in attendance.

Culled:https://www.pmnewsnigeria.com/
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