Nigerian Bankers Committee to increase lending to Agriculture by N300bn in 2016

The Bankers Committee has decided to increase lending to the agricultural sector by N300 billion in 2016.

The Committee comprise top management of the Central Bank of Nigeria (CBN) and chief executives of banks in the country.

 

CBN Governor, Mr. Godwin Emefiele disclosed this while addressing journalists at the end of the 7th annual retreat of the Committee in Lagos.

The committee however stressed the need for provision of infrastructure necessary to enhance supply of agricultural products in the country.

BusinessDay Awards 2015: Access, Zenith, Skye, First Bank, Ayeni, lead winners.

At a glamorous black tie dinner organised at the weekend at the prestigeous Eko Hotel and Suites, Victoria Island , Lagos, leading financial institutions in the country vied for BusinessDay’s Annual Banking Awards, which have become an industry benchmark for outstanding performance.
At the awards,outstanding Nigerian banks and their innovative managers who directed their organisations on the path of creativity, growth, profitability and safety, were honored.

Access Bank came out overall tops to clinch the award of the Bank of the Year, having recorded gross earnings of N168.3 billion for half year ended June 30, 2015, representing an increase of 43 per cent over the N117.9 billion recorded in the same period in 2014.
Contesting closely with Zenith Bank and FCMB, Zenith Bank’s Peter Amangbo, emerged as the bank CEO of the year, a position that was keenly contested by Access bank’s Herbert Wigwe and FCMB’s Ladi Balogun.