Business
World Health Day: Let’s Ensure Good Nutrition For Children…
…Because #OurChildrenOurResponsibility
World Health Day (WHD) is celebrated every April 7. This is the day that commemorates the anniversary of the founding of the World Health Organization (WHO) in 1948. WHD aims to focus on a specific theme relevant to public health each year. This year WHO is focusing global attention on urgent actions needed to keep humans and the planet healthy and foster a movement to create societies focused on wellbeing.
Nutrition plays a very crucial role in ensuring humans are healthy. It is an important part of an individual’s overall health and development right from a very young age. Proper and balanced nutrition is directly linked to improved infant, toddler, child, and maternal health and wellbeing. It offers stronger immunity, lowers the risk of health problems such as diabetes and cardiovascular disease, and improves longevity. Also, healthy children are not just physically strong but also mentally sound. Having balanced and healthy nutrition also helps boost their productivity and helps create more opportunities to break the cycle of poverty eventually.
Malnutrition, in any form, poses a significant threat to human health. Not having proper and balanced nutrition can lead to malnutrition. Currently, the world faces two types of malnutrition – undernourishment, and obesity. The former tends to be more prevalent among the economically disadvantaged populations in low and middle-income countries.
Good nutrition in the early stages of life sets the stage for lifelong health. In the words of Anne Mulcahy, “Investing in early childhood nutrition is a surefire strategy. The returns are incredibly high.”
One of the keys to parenting healthy children is providing them with a healthy and nutritious diet..
Key nutrients in supporting optimal growth and development… When a child consumes a balanced diet, they can develop their physical and mental skills in the present and the future. The benefits impacted by nutrition while the child is young are:
- Ensures proper development of the brain, which helps the neurocognitive process
- Improves a child’s physical health and ensures an active social life as the child grows old.
- Supports the immune system to ably fight against various infectious diseases
Key nutrients for brain development… Phospholipids are known to be essential nutrients for brain development. These nutrients are structural components of neurological systems (neural networks), and deficits during early life can impact brain function long-term. Long-chain omega 3s like DHA and ARA and other brain-supportive nutrients may also benefit proper neural network development and enhance visual acuity and cognition.
Key nutrients for physical growth… Proteins are the building blocks of physical growth. Dietary protein requirements are higher in children than in adults because they have faster growth and development rates due to their increased cell turnover. Inadequacy of high-quality dietary proteins can cause stunted growth, poor body composition, and wasting. Calcium and vitamin D play an important role in physical development too. Calcium is the main component of the skeleton, while vitamin D ensures calcium reaches the growing bones.
Key nutrients for supporting immunity… A variety of vitamins and minerals that include micronutrients such as Vitamin A, B, C, D, E, Iron, Zinc, Magnesium, and Selenium, among others, have vital functions in the human body. Several studies have found that children provided with foods high in these essential micronutrients improve their immune system’s response rate and help them steer clear of various immune system diseases.
Childhood is the most significant period of growth and development, both physically and mentally. Setting the foundation with good nutrition during childhood has a profound impact, even during later life, and helps develop society and the world as a whole.
Multi-nutrient fortified Growing Up Milk such as Peak 456 formulated for children ages four to six is an excellent way to ensure optimal intake of several vitamins and minerals in a child’s daily diet.
On this World Health Day, let’s take a pledge to support WHO’s initiative of #OurPlanetOurHealth by focusing on good nutrition for our children’s health which can help them grow strong and smart.
Sterling Bank, on Wednesday, announced the removal of account maintenance fees on all personal accounts, describing the decision as a “gift” to Nigerians in celebration of the country’s 65th Independence Day.
The decision, which follows the abolition of transfer fees on local online transactions in April 2025, was outlined in a statement shared by the bank. The bank said the policy would allow customers to keep more of their earnings, framing it as a step toward financial freedom.
“Every fee we remove is one less barrier between our customers and true financial freedom. This was the rationale behind eliminating transfer fees in April, and it is the same principle we uphold as we eliminate account maintenance fees,” Sterling Bank’s Managing Director, Abubakar Suleiman, said.
The statement highlighted that in 2024 alone, tier-1 banks in Nigeria earned over ₦650 billion from account maintenance and e-banking charges. “This decision cuts at the heart of a revenue model that has long cost Nigerian customers dearly,” the bank noted.
Obinna Ukachukwu, Sterling’s Growth Executive for Consumer and Business Banking, said the initiative was intended to strengthen long-term relationships with customers. “This initiative is about building lasting relationships that fuel sustainable growth. We put transparency and customer value first, and in doing so, we are building a foundation that serves both our customers and Sterling’s future,” he said.
Sterling Bank also framed the removal of fees as part of a broader strategy to make banking more inclusive and customer-focused. The April 2025 transfer fee abolition had already eliminated charges on all local online transactions, easing costs for individuals and small businesses. At the time, Ukachukwu described the move as a values-driven decision aimed at ensuring fair access to money.
“Access to your own money shouldn’t come with a penalty. This is more than a financial decision—it’s about redefining banking to put customers first,” Ukachukwu said.
The latest move aligns with Sterling’s positioning as a bank committed to transparency, customer value, and digital innovation, and it signals a continued effort to reshape banking practices in Nigeria.
Guaranty Trust Holding Company Plc has reported a profit before tax of N600.9 billion for the half year ended June 30, 2025.
The figure is contained in the company’s audited consolidated and separate financial statements, which were released to the Nigerian Exchange Group and the London Stock Exchange.
The group stated that the performance was driven by growth in core earnings lines, including interest income and fee income, which rose year-on-year by 31.5% and 33.0%, respectively.
It explained that the growth helped to cushion the absence of N493.01 billion in fair value gains recorded in 2024, resulting in a 40 per cent decline.
GTCO stated that its total assets stood at N16.7 trillion, while shareholders’ funds totaled N3.0 trillion during the review period.
It added that its balance sheet remained strong, diversified, and de-risked across operating jurisdictions, as well as its payments, pension, and funds management businesses.
The group disclosed that its Capital Adequacy Ratio closed at 36.2 per cent, while asset quality improved with IFRS 9 Stage 3 loans declining to 3.2 per cent.
At the group level, Stage 3 loans stood at 4.5 per cent, compared with 5.2 per cent in December 2024.
Similarly, the cost of risk improved to 1.7 per cent from 4.9 per cent recorded in December 2024.
The company stated that its net loan book increased by 20.5 per cent, from N2.79 trillion in December 2024 to N3.36 trillion in June 2025.
Deposit liabilities also increased by 16.6 per cent from N10.40 trillion to N12.13 trillion during the same period.
The board of GTCO approved an interim dividend of N1.00 per share for the half year ended June 30, 2025.
Commenting on the results, Segun Agbaje, Group Chief Executive Officer, said the half-year performance reflected business strength and progress towards building a diversified financial services ecosystem.
He said beyond last year’s extraordinary one-off gains, the group was now driving sustainable growth with recurring earnings that demonstrated the resilience and scalability of its model.
Mr Agbaje noted that continued investment in technology, particularly in core banking upgrades, was delivering stronger uptime, efficiency, and greater capacity to scale with a growing customer base.
He added that across banking, funds management, pension, and payments, GTCO was leveraging a de-risked balance sheet to reinforce its market position while maintaining strategic flexibility. According to him, this foundation positions the group to seize emerging opportunities and deliver lasting value for all stakeholders.
Mr Agbaje stressed that GTCO had continued to post some of the best metrics in Nigeria’s financial services industry in terms of key financial ratios. He said the group recorded Pre-Tax Return on Equity of 60.4 per cent, Pre-Tax Return on Assets of 10.6 per cent, Capital Adequacy Ratio of 36.2 per cent, and Cost-to-Income ratio of 30.1 per cent.
NAN
In line with its commitments of promoting sports and developmental initiatives at all levels, First Bank of Nigeria Limited is partnering the organizers of the first of its kind E1 Lagos GP an all-electric powerboat racing championship, set to hold between the 3rd and 5th of October 2025.
Disclosing this at the E1 Lagos GP Stakeholder Immersion session in Lagos recently, Olayinka Ijabiyi, the Acting Group Head, Marketing and Corporate Communication of FirstBank, reaffirmed the Bank’s commitment to supporting initiatives that engender human development across the country while cementing legacies.
“Our involvement in the E1 Lagos GP is about driving legacy and enabling the passions and aspirations that unite Nigerians. We are a bank that has been in business for over 131 years and we recognize that sports drives us as a country, which is why through our First@Sports initiative, we continue to invest in platforms that inspire and elevate our people. We have been supporting legacy sport tournaments like the Georgian Polo Cup which we have hosted for 105 years, and the Lagos Amateur Open Golf Championship for 64 years now,” Ijabiyi said.
With the event slated for the start of the fourth quarter, FirstBank is aligning its partnership with the annual DecemberIssaVybe initiative, a campaign that celebrates the vibrant spirit of Nigerians during the festive season by curating unforgettable experiences that blend culture, entertainment and lifestyle. “FirstBank is deeply woven into the fabric of society and the lives of our customers. As presenting partner, we are creating meaningful touchpoints with customers and prospects, offering them a world-class experience of relaxation and celebration that captures the true essence of Lagos during the festive season,” he added.
Lagos State Commissioner for Information and Strategy, Gbenga Omotoso, who was also at the event, described the initiative as an event that will grow not just the sports but also showcase Lagos’s vibrant culture, dynamic people, and global relevance, while commending FirstBank for their support.
The teams owned by notable stars like Tom Brady, LeBron James, Didier Drogba, Will Smith, Marc Anthony, Steve Aoki, Rafael Nadal will compete in the Lagos leg before the 2025 season of the competition terminates in Miami in the United States.
