Business
World Milk Day: Nestlé Dairy Programme Achieves Milk Collection Milestone
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June first every year is World Milk Day. This year’s celebration is notable for Nestlé’s Nigeria Livestock Development Project (NLDP), with the milestone of 2,500 litres of fresh milk per day from only 200 litres collected on the first day of milk collection on June 1, 2021. A collaboration between Nestlé Nigeria, ‘CBiIL’ and 2SCALE, NLDP delivers 1,500 L/day at Paikon Kore Grazing Reserve and 1,000L/day at Kachia Grazing Reserve.
Victoria Uwadoka, Corporate Communications and Public Affairs Manager for Nestlé Nigeria, affirms that the collection of 2,500L/day was made possible by 25 cooperatives comprising over 625 households milking between 4,000 and 6,000 cows every day. These cooperatives have been trained and nurtured for over 18 months to achieve the good quality fresh milk now produced through the project.
The celebration of World Milk Day 2022 at Paikon Kore provided a platform for recognising and rewarding the farmers who excelled in various aspects of milk production. Categories of awards included Highest Producing Male (Abdulrahman Rabia), Highest Producing Female (Rabia Raga), Best Aggregator (Shehu Muhammed), Best Cooperative Kosan Denko, Best Milking Community, and Aggregator with Least Spoilage (Adamu Abdullah). The recipients were delighted and expressed their thanks to Nestlé and the NLDP.
The ceremony was attended by stakeholders and dignitaries, including The Mandate Secretary, ARDS, Mallam Abubakar Ibrahim, and Permanent Secretary, FCT, Mr Olusade Adesola, ably represented by Mr. Samuel Atang, Director, Operations, Planning and Strategy. Representatives of the Federal Ministry of Agriculture and Rural Development were also at the event.
Mr Olusade Adesola, The Permanent Secretary, FCT, said, “It is glad to note that milk production has steadily increased from 150 to 1,500 litres daily within the past two years of this partnership. I have been made to understand the products from this centre are being sold in markets within and outside the Federal Capital Territory.”
Also speaking, The Mandate Secretary, ARDS, Mallam Abubakar Ibrahim, said, “It may interest you all to know that since the reactivation of the MCCC in 2021 in partnership with Nestlé Nigeria PLC, daily milk production has risen from between about 300 to 1,500 litres. This is a result of continuous training and improvement initiatives by both partners and support from the Federal Ministry of Agriculture and Rural Development. If plans by the NLDP partnership to introduce new cattle breeds and a demonstration farm are anything to go by, milk production in the FCT will receive a boost.”
Nestlé continues to leverage its expertise in dairy to help build a sustainable dairy ecosystem through the NLDP to achieve its objective of Creating Shared Value with Nigerian dairy value chain stakeholders. The program contributes to the local economy by providing the training and empowerment of the locals and then purchasing services from them.
NLDP is built on three pillars: Better Fodder, Better Quality, and Better Products. This will be achieved by improving cooperative dynamics, promoting better herd health, and engendering hygienic milk collection and handling practices.
The NLDP has trained over 1,400 producers in modern Milk Handling and Milking Hygiene techniques to help them produce to industry standards, thereby opening more routes to market. Nestlé pays a premium above the market rates in addition to helping the families increase production and improve the quality of their products.
Nestlé has helped improve cattle health within the NLDP by deworming and vaccinating over 6,000 cattle against Foot and Mouth Disease. They were also treated against Contagious Bovine Pleuropneumonia (CBPP) in collaboration with the Federal Capital Territory (FCT) and Agriculture and Rural Development Secretariat (ARDS). The 6,000 cattle also received vitamin and mineral blocks (salt licks).
Another significant investment by the NLDP is the provision of Better Fodder which includes sufficient clean water, balanced pasture, silage, and hay. Over 250 hectares of Napier Grass and Bracheria have been cultivated and 5 Industrial boreholes built and commissioned. Three of the boreholes are fitted with drinking troughs for the cattle and taps to provide portable water to the communities. To further boost milk production, Nestlé is providing Cotton Seed Cakes which have the potential to increase milk productivity by up to 2L per cow.
To maintain milk quality from milking to the processing centre, milk must be handled carefully and kept at a temperature of about 2 degrees Celsius. Each of the 23 aggregators employed under the NLDP project is trained to maintain these quality standards. They test for spoilage and adulteration at the collection point. A motorbike, milk churns, and lactometers are also provided to facilitate their work.
The aggregators get the milk to the Milk Collection and Cooling Centers (MCCC) in the shortest possible time for cooling and bulking at the requisite temperature after a 4 step quality check.
Nestlé equips the MCCCs with modern laboratory equipment to ensure food safety is maintained at industry standards. The staff are trained and issued the right gear to conform to the set safety standards.
In line with Nestlé’s commitment to protecting the planet for future generations, the NLDP has adopted climate-friendly practices: A 30KVA solar power system has been installed to reduce the fossil fuels used at the MCCC in Paikon Kore. The industrial boreholes are also solar-powered.
Business
Access Sets New Benchmark for Nigeria’s Finance Talent Pipeline
New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, a distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.
In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.
Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.
For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent. CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”
Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet. Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.
Access Holdings Group Chief Executive Officer, Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.” The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.
That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.
Business
UBA Partners Mikano to Launch Auto Financing Scheme
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has partnered Mikano Motors to launch an auto financing scheme, themed: ‘Drive Your Dream Today’, specifically designed to ease the purchase of new vehicles by making them more accessible to Nigerians. The flexible Financing solutions Initiative, requires customers to make an initial payment of just 30 percent while the Bank finances the remaining 70 percent.
Unveiled at the Mikano Motors showroom in Victoria Island, Lagos, the scheme allows eligible customers to repay the financed amount in instalments over a period of 36 months at an interest rate of 23 percent.
The financing is available to a broad range of customers, including individuals who are not on a salaried income, providing entrepreneurs, and other eligible Nigerians with a structured pathway to vehicle ownership.
The process begins with a simple eligibility check. Interested customers can visit their nearest UBA branch or email consumerlending@ubagroup.com to confirm their eligibility. Once approved, customers can proceed to Mikano Motors to obtain a proforma invoice for their preferred vehicle and continue with the financing process.
Speaking at the launch, UBA’s Group Executive Director, designate, Personal and Business Banking, Chidi Okpala, said the partnership reflects the Bank’s commitment to making everyday aspirations more attainable while promoting a stronger credit culture and advancing financial inclusion.
“Owning a car should not be out of reach for hardworking Nigerians, and this partnership makes it far more achievable,” Okpala said. “A customer puts down 30 percent, we finance the rest, and they pay us back comfortably over a three years period. By removing the single biggest barrier to vehicle ownership where a customer just commits with an upfront cost, we are showing what customer-first banking looks like in practice, which is making their lives easier, by meeting our customers where they are and helping them get where they want to be.”
Also speaking, UBA’s Group Head, Consumer Lending, Frank Okoh, said the scheme was designed to make vehicle financing straightforward and accessible to both salaried and self-employed customers.
“We have kept the entry simple and the terms clear, whether you earn a salary or run your own business,” Okoh said. “A short eligibility check at any branch or by email is all it takes to begin, and our team guides the customer through every step to the moment they collect their keys.”
For Mikano Motors, the partnership provides an opportunity to extend its vehicle ownership proposition to a wider pool of Nigerians
The company’s General Manager, Tarek Mostafa, said the collaboration aligns with Mikano Motors’ vision of providing customers with a high-end ownership experience supported by reliable after-sales services.
“Mikano Motors was established to give Nigerians a high-end ownership experience, from the showroom to years down the road,” Mostafa said. “The backbone of any automotive business is not just the sale, but the after-sales service that follows. Every vehicle we sell is backed by genuine spare parts, reliable maintenance and quality service available anywhere in the country. Wherever you are we would come meet you at no extra cost”
“Partnering with UBA lets more customers enjoy that experience, and we are proud to build lasting relationships alongside a bank that shares our commitment to service,” he added.
Established in 2018 under Mikano International, Mikano Motors builds on more than 35 years of the group’s presence in Nigeria. The company offers a diversified portfolio of vehicles supported by nationwide sales and after-sales services.
The partnership further strengthens UBA’s consumer lending proposition, providing customers with structured financing solutions designed around accessibility, affordability and convenience. Through partnerships such as this, the Bank continues to expand access to credit while helping customers meet significant personal and lifestyle needs with ease.
United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally. Operating in twenty African countries, the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edge technology.
Business
Access Bank Issues Disclaimer, Says Shutdown Notice False, Misleading
Access Bank Plc has said that a social media post announcing a shutdown of the bank’s operations, is false and misleading.
In a statement signed by the bank’s management, and made available to the media, the Bank insisted that the notice is the handiwork of mischief makers, who impersonated the bank’s official handle.
It advised members of the public to disregard the notice, and pay attention only to verified information from the verified accounts of the bank.
Below is the full statement:
“A message impersonating Access Bank’s official handle is currently circulating on social media and WhatsApp. It is false and misleading.
“We wish to reassure our customers, partners, stakeholders, and the public that Access Bank is safe, financially strong, and fully operational across all our subsidiaries. Our services continue to run seamlessly, and we remain committed to serving our customers with the highest standards of excellence.
“We are working closely with the relevant regulatory and law enforcement authorities to identify those responsible for creating and spreading this false information to cause panic and business disruption. Appropriate legal action will be taken in accordance with applicable laws and regulations.
“We also remind members of the public that creating, publishing, and disseminating false information capable of causing public alarm, damaging reputations, or undermining confidence in institutions constitutes an offence under Section 24 of the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act, 2024.
“If you receive a false and misleading message, please do not share or forward it. Instead, disregard it and rely only on information communicated through Access Bank’s official and verified channels.
“We thank our customers, partners, and stakeholders for their continued trust and confidence in Access Bank.”






