Business
Nestlé Professional Takes Business of Food to Port Harcourt
The importance of canteens and ‘bukas’ who serve those with limited disposable income in Nigeria cannot be overemphasized. Yet, these food vendors and caterers who help to meet the nutrition needs of busy urban communities every day, do not always get the support they need to build successful businesses.
The business of food goes beyond just cooking. Nutrition, pricing, styling, taste, hygiene, are essential to the growth of the business and the safety of the consumer.
To help bridge this gap, Nestlé Professional’s food and product education workshop which held for the first time with over 200 Canteen and food Vendors in Ibadan, Oyo State in August 2022, was packaged to equip food vendors and caterers with the knowledge needed to optimize their food business while using MAGGI powders effectively.
Nestlé Professional Business, Nestlé Nigeria’s Out of Home business arm, took its Business of Food roadshow to Port-Harcourt, Rivers State, to deliver food education to over 300 canteen and food vendors in collaboration with the Association of Caterers and Food Vendors.
Participants in the workshop received tips on how to grow their food service businesses. The caterers and food vendors were shown how to cook tasty meals that will delight their customers as experts shared knowledge and techniques for managing the complexities of food systems. Topics included Food-Preneur, Food Styling and Food Plating.
“The women of Port-Harcourt are amazing, and we are super-excited to be here,” said Funmi Osineye, Manager, Nestlé Professional Nigeria. “The Business of Food workshop is an initiative we developed in response to the need to provide the support micro, small and medium scale food vendors need to scale their businesses. We are also conscious of our responsibility as the Good Food Good Life Company, to contribute towards increasing knowledge of the role food plays in improving Nutrition, Health, and Wellness. We have brought these two objectives together in the Business of Food which we are hosting in Port-Harcourt today. Our customers and other stakeholders can count on us to consolidate this partnership with caterers and food vendors to ensure better services in the industry.”
In the words of Chef Oroma, a member of the Association of Caterers and Food Vendors and CEO of Oromski Kitchen, “We have been looking for a platform like this for a long time and are excited that Nestlé Professional Business of Food has come to Port-Harcourt today. We would like this workshop to continue so we can encourage and train the upcoming chefs from the rural areas. This will help us create more employment to take our youth off the streets.”
The workshop combined knowledge sharing with a lot of fun, engaging activities to make it memorable for the participants. It kicked off with a masterclass, followed by a cooking demo where Chef Lilian demonstrated how to prepare native jollof rice.
Then came the exciting, cooking competition! The meals presented by the groups were judged based on Tasty Meal, Meal Presentation and Plating.
Business
FirstBank, MOFI Partner to Bridge Housing Deficit Gap in Nigeria
FirstBank and the Ministry of Finance Incorporated (MOFI) have concluded plans to bridge housing deficit and empower citizens with credit to own their own homes of choice in any of the 36 states of the Federation plus Federal Capital Territory (FCT). This is through the FirstBank’s MREIF mortgage loan product, which has proved to be an opportunity waiting for Nigerians to grab.
This laudable initiative considers the importance of shelter to Nigerian citizens especially low and middle income earners that have to save for years before they can build for themselves. It aims at delivering homes to those who would apply without stress, putting smiles on the faces of Nigerians now, and during retirement.
Through MREIF, FirstBank will provide eligible customers with access to loans of up to N100 million with a repayment period of up to 20 years, at an attractive interest rate of 9.75% per annum. This is less than the usual interest rate on regular loans which sit at about 27% or more today. The repayment duration of 20 years makes the loan attractive for customers without stress.
The mortgage facility is available to salary account holders, business owners, and diaspora customers.
Interested customers are required to visit the Bank’s website: https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ where they can find detailed information and begin their journey toward homeownership.
Business
Fidelity Bank Hosts Webinar on Resolution of Public Sector Revenue Challenges
Leading financial institution, Fidelity Bank Plc, has concluded plans to host a high-level virtual webinar focused on helping public institutions to strengthen revenue systems, improve fiscal transparency, and build smarter digital structures for collections, oversight, and accountability.
This event, with the theme, Digital Fiscal Transparency: Unlocking Sub-national Opportunities for International Partners, is billed for Tuesday, March 24, 2026,
The programme is expected to bring together a cross-section of public sector leaders, development institutions, heads of parastatals and agencies, as well as financial experts, to explore practical solutions for stronger public finance management.
It is expected to offer timely insights into how modern revenue infrastructure can help institutions improve efficiency, drive accountability, and support better fiscal outcomes.
The webinar will address key issues facing many public institutions today, including revenue leakages, fragmented collection channels, weak visibility into revenue performance, poor reconciliation processes, and the growing need for more transparent and technology-driven systems.
“As public institutions seek ways to improve internally generated revenue and strengthen public trust, there has been a renewed focus on fiscal transparency.
“This is particularly important in the face of recent macro and micro economic developments with many public sector agencies under pressure to do more with limited resources,” the Divisional Head of Public Sector at Fidelity Bank, Mr Richard Madiebo, said.
“It is against this background that we have conceptualised this session with a particular focus on how digital platforms can support structured invoicing, seamless collections, payment automation, contractor disbursement transparency, real-time revenue oversight, amongst other pertinent areas of revenue mobilisation and administration in Nigeria,” he added
“The webinar forms part of our commitment to provide practical solutions that support public sector transformation and stronger sub-national development. This is in line with Fidelity Bank’s mandate to help individuals to grow, businesses to thrive, and economies to prosper,” Mr Madiebo further disclosed.
Interested participants may register at www.fidelitybank.ng/publicsectorwebinar.
Business
Access Bank, King’s Trust Int’l Partner to Advance Youth Opportunity Across Africa
Access Bank Plc and King’s Trust International (KTI) have formally signed a strategic partnership agreement to expand opportunity, entrepreneurship and sustainable livelihoods for young people across Africa.
The partnership agreement was signed by Roosevelt Ogbonna, Managing Director/Chief Executive Officer, Access Bank Plc, for Access Bank, and Will Straw, CBE, Chief Executive Officer of King’s Trust International, on behalf of KTI.
The signing ceremony was witnessed by senior leaders and representatives from both organisations, alongside distinguished guests including Aigboje Aig‑Imoukhuede, CFR, Co-Chair, King’s Trust International Africa Advisory Board and Chairman, Access Holdings Plc; Ofovwe Aig‑Imoukhuede; Co‑Chair, King’s Trust International Africa Advisory Board, and Lagos State Governor, Babajide Sanwo-Olu.
The partnership brings together King’s Trust International’s expertise in youth development with Access Bank’s pan‑African reach and long‑standing commitment to inclusive and sustainable growth. Through this collaboration, the two organisations will work to equip young people with the skills, confidence and support needed to build successful futures through employment and entrepreneurship.
Under the agreement, Access Bank will support the delivery of King’s Trust International programmes that empower young people across several African countries, supporting them to gain skills and find pathways into meaningful employment and self-employment across Africa.
Speaking at the signing, Will Straw CBE, Chief Executive Officer of King’s Trust International, said: “This partnership with Access Bank reflects a shared commitment to unlocking the potential of young people across Africa. By combining our experience in youth development with Access Bank’s scale and leadership across the continent, we can create meaningful pathways to opportunity and long‑term impact.”
Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank, added: “At Access Bank, we believe that empowering young people is fundamental to Africa’s sustainable growth. Our partnership with King’s Trust International reinforces our commitment to entrepreneurship, job creation and inclusive development, while enabling us to play a purposeful role in shaping the continent’s future.”
The partnership marks a significant milestone in advancing cross‑sector collaboration to address youth unemployment, foster entrepreneurship and drive inclusive growth across Africa.






