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DBN Honors PFIs at 4th Annual Service Ambassadors Awards
By Tony Obiechina, Abuja
The Development Bank of Nigeria has once again recognised its Participating Financial Institutions (PFIs) with various categories of awards at its 4th DBN Annual Service Ambassadors Award ceremony for their sterling contributions to facilitating access to financing to Micro, Small and medium-scale enterprises in Nigeria.
Managing Director of DBN, Dr Tony Okpanachi while recognising and appreciating the PFIs noted, “This annual event is a testament to our unwavering commitment to fostering sustainable economic growth in Nigeria. It is an opportunity to recognise and appreciate the invaluable contributions of our PFIs in ensuring that MSMEs have access to the much-needed financial resources they require to thrive.At the awards ceremony with the theme, ‘Celebrating Partnerships for Amplified Impact’ held at the Civic Centre, Victoria Island, Lagos, recently, he also said DBN has supported the Federal Government’s priority sectors through the disbursement of various loans to catalyse their growth and capacity to scale.According to him, the priority sectors include the manufacturing sector, which received N74 billion, benefitting 3,696 end-borrowers; and N38 billion to agriculture, reaching 8,163 end-borrowers, among others.Okpanachi said these strategic investments underscored the Bank’s drive to grow sectors that were vital to the nation’s economic development while also commending the PFIs for their remarkable support to DBN in delivering on its mandate of enabling MSMEs to increase access to financing and ensuring sustainable growth of the sector.The DBN boss noted that having completed its initial five-year strategy with impactful outcomes, the Bank has equally unveiled its next strategic chapter, characterised by significant growth and an ambitious intent to achieve scale. “This strategic vision reflects our commitment to elevating our impact and expanding our reach in the coming years,’’ he added.The COO specifically applauded First Bank of Nigeria and Sterling Bank for their outstanding performance in 2023 having achieved a minimum 45% year-on-year growth on key parameters, thereby earning recognition as platinum winners for the year.Okhaimo also appreciated other PFIs who achieved notable milestones within the same year for their contributions in meeting various other lines of DBN’s impact objectives, noting “We truly appreciate your commitment and contributions in advocating for DBN and collaborating with us to increase our footprint in the MSME ecosystem.’’While soliciting increased synergy and impactful support for DBN in achieving its mandate, he assured them of DBN’s commitment to continuously engage with them on its various programmes and initiatives to increase its impact on MSMEs’ growth and scalability.Making the presentation, Dr Okpanachi said the bank was honoured for its exemplary service and exceptional dedication, recognising its significant efforts in advancing development banking.In the South-South Zone, Lapo MFB won the ‘PFI with the Highest Impact on the Zone’, showcasing its extraordinary commitment to regional development and support, while NPF MFB emerged as the ‘PFI with the Highest Impact on the North-West Zone’, emphasising its exceptional dedication and contributions to the region.Accion MFB came top as the ‘PFI with the Highest Impact on the North-Central Zone’, reflecting its hard work and commitment to regional growth, just as First Bank Nigeria was the ‘PFI with the Highest Impact on the North-East Zone’, highlighting its exceptional dedication to making a substantial difference in the region.Baobab Microfinance Bank was awarded ‘MFB with the Highest Impact on MSMEs Accessing Credit for the First Time’; and honoured for going the extra mile in facilitating first-time credit access for MSMEs, reflecting its unwavering commitment to enhancing financial accessibility, while Providus Bank Ltd won the ‘DMB with the Highest Impact on Start-ups’ award. The bank was recognised for showing exceptional dedication to supporting start-ups, highlighting its role in fostering new business ventures with innovative solutions.On the honour’s list for ‘PFIs with the Highest Impact on Focus State, First-time Access, Start-ups, Innovative Products and Green Projects’, the award winners included First City Monument Bank as the ‘DMB with the Highest Impact on MSMEs Accessing Credit for the First Time.’ The bank was acknowledged as the Depositor Money Bank that has tirelessly worked to provide credit access to MSMEs for the first time, demonstrating exceptional dedication to expanding financial inclusion.Richway Microfinance Bank won the award as ‘MFB with the Highest Impact on Start-ups’ for providing outstanding support to start-ups, showcasing its commitment to nurturing new businesses with a focus on impactful and sustainable growth, just as FSDH emerged as the ‘PFI with the Most Innovative Products for MSMSEs.’ The Bank was honoured for developing cutting-edge financial products for MSMEs, demonstrating its dedication to driving innovation and meeting the evolving needs of small businesses.The ‘PFI with the Highest Disbursement to Sustainability Projects’ award went to First City Monument Bank for being the PFI with the highest disbursement towards sustainability projects and showcasing its exceptional commitment to environmental and social responsibility.
Lapo Microfinance Bank Ltd again emerged as the ‘MFB with the Highest Impact in the DBN Focus States.’ The award celebrated the bank’s remarkable impact in DBN’s focus states, showcasing its dedication and hard work in driving regional growth and support, while First Bank Nigeria again won the ‘DMB with the Highest Impact on MSMEs in Nigeria’, acknowledging it for going above and beyond in efforts to support MSMEs in the country, thereby showcasing its exceptional dedication to fostering small business growth.Sterling Bank’s Group Head of Business Banking, Ezinne Nwokafor, said through collaboration with DBN, Sterling Bank has reached many MSMEs across the country with its banking solutions, pledging further cooperation with the Bank stating that. “DBN has significantly helped us to reach out to MSMEs across the country, and we are excited and look forward to doing much more with DBN,’’ she enthused.First Bank’s Group Head Financial Institution, Oluseyi Soetan, said the partnership with DBN has offered a veritable platform to the bank to impact the under-served MSMEs by empowering them with the funds to scale and giving them a voice in the marketplace, as well as enabling job creation. “The multiple awards we won are a testament to the hard work and contribution of First Bank to the Nigerian economy and the great partnership we have with DBN.The DBN Annual Service Ambassadors Award is a prestigious event that recognises and rewards participating financial institutions for their commitment to facilitating access to finance in the most critical sectors of the Nigerian economy.
NEWS
Ooni Installs Oluremi Tinubu as Yeye Asiwaju Ile Oodua
From Ayinde Akintade, Osogbo
The Permanent Chairman, Southern Nigeria Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula and Ooni of Ife, His Imperial Majesty Ooni Adeyeye Enitan Ogunwusi, Ojaja II, has installed the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu, as the Yeye Asiwaju gbogbo Ile Oodua.
The installation ceremony took place yesterday at Afewonro Park, Enuwa Square, Ooni’s Palace, Ile-Ife, during the grand finale of activities marking the 10th Coronation Anniversary of Ooni Ogunwusi.
Rites were performed for Senator Oluremi Tinubu by traditional chiefs in accordance with ancient customs.
Speaking during the ceremony, the Ooni expressed deep appreciation to Senator Oluremi Tinubu for her unwavering support over the years.
“She is the mother of the nation. Exactly 10 years ago, on the 7th of December 2015, she stood by me through thick and thin. I asked Baba Obasanjo to help me thank her because he accompanied me to several ancestral sites during those critical moments. Baba spent 16 straight hours with me when I was announced as Ooni of Ife. Today is not a day for long speeches, but I must sincerely thank President Bola Tinubu for his support and thank all of you for standing by our mother. She is indeed a merciful mother,” Ooni Ogunwusi said.
In her speech, Senator Oluremi Tinubu expressed profound gratitude to God and described the honour as both humbling and divine.
She commended the Ooni for his visionary leadership, describing him as a young, wise, and progressive monarch whose reign has brought global visibility and renewed pride to the Yoruba race.
She expressed appreciation to the entire Ife Kingdom for their support for the Ooni throughout the last decade.
“The joy of the nation has come, and we are just beginning to celebrate. God has assured us that 2026 will be a year of joy, honour, and restoration, a year in which everyone will partake in renewed glory,” she added.
Former President Olusegun Obasanjo lauded the Ooni for deeming the First Lady worthy of the prestigious title.
He urged Senator Tinubu to continue her humanitarian works, stressing that chieftaincy titles are traditionally bestowed on individuals of proven character.
“You have come to where you should belong. Continue your good works wherever you go. I am grateful to God that I witnessed the beginning of Ooni Ogunwusi’s reign and that I am here again to celebrate his 10th anniversary,” Obasanjo said.
In his goodwill message, Osun State Governor, Senator Ademola Adeleke, praised Senator Oluremi Tinubu as a pillar of national development whose contributions have facilitated numerous impactful initiatives across the country.
Adeleke also extolled the Ooni’s remarkable decade of transformative leadership, highlighting his role in advancing Yoruba culture, fostering unity, and contributing significantly to community and national development.
“In 10 years, Kabiyesi has redefined leadership, using his exalted stool to promote peace, unity, and progress. His purposeful engagement and forward-looking initiatives have elevated Ile-Ife’s global visibility and strengthened the unity of the Yoruba race,” he said.
The governor further applauded the Ooni’s entrepreneurial investments, which have enabled job creation, youth empowerment, and sustainable community development.
“Oba Adeyeye’s reign has greatly enhanced the cultural, social, and economic landscape of Ile-Ife. We pray that God grants him continued grace and good health to sustain his impactful leadership for many more decades,” he added.
The ceremony was attended by dignitaries such as Sultan of Sokoto, Alhaji Sa’ad Abubakar, Olu of Warri, Ogiame Atuwatse III; former First Lady, Patience Jonathan, Soun of Ogbomosho, Ọba Ghandi Afọlábí all of whom graced the celebrations with their presence to pay tribute to the Ooni’s decade of impactful reign.
Among the top government officials in attendance were Osun State Governor, Senator Ademola Adeleke, Lagos State Governor, Babajide Sanwo-Olu; Ogun State Governor, Prince Dapo Abiodun; former Ogun State Governor, Senator Ibikunle Amosun; Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa; former Speaker of the House of Representatives, Rt. Hon. Dimeji Bankole; and the Deputy Governor of Osun State, Prince Kola Adewusi.
Also present were leading women of influence, including Kafayat Oyetola, wife of the Minister of Marine and Blue Economy; Lilian Oghogho Musa, wife of the Minister of Defence; Hajiya Fatima Tajudeen Abbas, wife of the Speaker of the House of Representatives; Dr. Ezinne Chinyere Kalu, wife of the Deputy Speaker; Salamatu Gbajabiamila, wife of the Chief of Staff to the President; Mrs. Titilayo Adeleke, wife of the Osun State Governor; the Yeyelaje of Oodua, Toyin Kolade; and former Oyo First Lady, Florence Ajimobi.
A distinguished assembly of traditional rulers also thronged the venue, further highlighting the significance of the occasion. Present were the Orangun of Oke-Ila, Oba Adedokun Abolarin; Salu of Edunabon, Oba Kehinde Oladepo; Orangun of Ila, Oba Wahab Oyedotun; Elegushi of Ikate-Elegushi Kingdom, Oba Saheed Ademola Elegushi; Oloro of Oro Kingdom, Oba Joel Olaniyi Oyatoye; alongside many other royal fathers from across Yorubaland and Nigeria.
NEWS
NYSC Presidential Honor Award Winner Returns to Benue, Shows Appreciations
From Attah Ede, Makurdi
An ex- corps member and a recipient of Presidential Honour Award, Udokpo Abasi, at the weekend returned to the NYSC orientation camp Wannune and his place of primary assignment in Benue State to show appreciation for the support he garnered to win presidential award.
Abasi, former member of the Orientation Broadcasting Service(OBS) and the Editorial and Publicity CDS Group, visited the NYSC Orientation Camp in Wannune, Benue State, to express his gratitude for the platform the scheme provided him.
He was warmly received by the State Coordinator, Veronica Garba, the Camp Director, Yahuza Isa Adamu, and the Head of the Publicity and Protocol Committee, Victoria Ogwuche.
During the visit, he shared the principles that shaped his success and contributed to his recognition as a State and Presidential Honour Award recipient.
Abasi highlighted punctuality, regularity, determination, devotion to duty, loyalty, effectiveness, resilience, initiative, discipline, teamwork, and strong interpersonal relationships as key values that guided him during and after his service year. He encouraged Corps Members to embrace these virtues diligently.
He also commended the current batch for the teamwork and discipline he observed in camp, noting that such qualities remain central to personal progress and the continued legacy of excellence in the NYSC scheme.
He further motivated Corps Members to embark on purposeful projects, embrace responsibility, and maximise the opportunities available during the service year.
As part of his visit to Benue, Abasi also returned to his former place of primary assignment and his host community, where he once served as a Corps Member, to reconnect and express appreciation for the support he received.
Corps Members described his visit as inspiring and reaffirming, as it offered real life examples of the opportunities available through dedication and hard work.
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NEWS
NGO Launches Climate Project Steering Committee in Benue
From Attah Ede, Makurdi
A global Non-Governmental Organisation (NGO), International Alert has inaugurated Climate Project Steering Committee in Benue State, to tackle climate-induced conflicts and promote peace through Community dialogue.
The programme which is being supported by Irish Government, is meant to address the challenges of climate stress and conflicts by providing oversight and strategic guidance for implementing the Powering Peace through Climate Action project.
While inaugurating the state steering committee in Makurdi, the Senior Project Officer, International Alert, Kengkeng Ati, enjoined the State Steering Committee members to diligently tackle the dual challenges of climate stress and conflicts across the state.
He further urged the committee to provide oversight, strategic guidance, and recommendations for implementing the Powering Peace through Climate Action project.
“We are not simply urging communities to cease hostilities; we are investing in climate-smart solutions that offer livelihood options and alleviate tensions,” Ati emphasized.
Highlighting the climate challenges faced by Benue State, the Project Officer mentioned issues such as reduced rainfall, drying water sources, declining soil fertility, and abnormal weather patterns as indicators.
He underlined the urgent need to address these issues to prevent further disputes over land and resources.
Meanwhile, as part of measures to mitigate tensions, climate hubs have been set up in Fiidi and Agatu, offering services like weather monitoring, biogas production, briquette- making, fish drying, and solar-powered water supply.
This is in addition to fish ponds in Fiidi Community in Makurdi and Agatu which are being revitalized to enhance food security and income.
The project which is being implemented in collaboration with the Benue State Council on Climate Change, aims to empower local Communities and ensure the sustainability of climate hubs beyond the project’s one-year duration.
The inaugurated multi-stakeholder Steering Committee includes representatives from government ministries and parastatals, departments, agencies, and the private sector.
The Senior Project Officer highlighted the project’s objectives, which include raising awareness about climate change, developing local peace and adaptation plans, influencing government policies and funding, and providing sustainable livelihoods to reduce conflict triggers.
He encouraged Benue Communities to embrace new technologies and transition from conflict-prone systems to a more prosperous future.
In a presentation titled “Powering Peace Through Climate Action Project Phase II,” Mr. Ati shared insights from the project’s initial phase, which he confirmed had successfully united Communities and resolved resource-related conflicts through a climate-conflict analysis.
According to him, the project’s second phase would focus more on sustaining conflict sensitivity and climate adaptation efforts to engage diverse stakeholders.
Ati stressed the importance of collaboration among international stakeholders, government bodies, INGOs, and Community groups to harness climate adaptation for stakeholder empowerment.
Chairman of the Steering Committee, who is also the Director General of the SDGs Office in the State, Sir John Akuse pledged assured that the Project Steering Committee would provide unwavering dedication and top-tier support to the project team.
Other members of the Committee including Dr. Dan Mailumo, the Director General of Benue State Council on Climate Change, and Mrs. Josephine Habba, the Director General of Benue State Commission for Peace and Conflict, alongside other representatives from pertinent organizations, expressed their full support for the project and affirmed their commitment towards achieving the goals set by the Project Steering Committee.
It would be recalled that the International Alert, was established in 1986, with a mission to foster dialogue, research, advocacy, and outreach activities promoting peace and sustainable development.

