Wednesday, July 2, 2025
27.5 C
Lagos

Stanbic IBTC Sponsors Alternative Agric Equipment Trade Show 2021

To reiterate its commitment towards developing the agricultural sector, Stanbic IBTC Bank PLC, a member of Stanbic IBTC Group, has concluded plans to sponsor the Alternative Agriculture Equipment Trade Show organised by Developing Markets Associates (DMA).

The company said the sponsorship draws from the Federal Government’s renewed drive to mechanise its agricultural sector.

According to the organisers, the event, which will hold virtually on Friday, 26 March 2021, promises to provide participants the opportunity of accessing the United Kingdom’s most competitively-priced agricultural equipment on a digital platform.

DMA is a UK-based trade and investment company that acts as a connecter between the UK and key emerging markets. The firm is organising the trade show to tap into the Nigerian government’s plans for a large scale mechanised agriculture sector. The interactive trade expo will serve as a springboard to project affordable UK agricultural equipment to the Nigeria market.

Stanbic IBTC said the sponsorship underscores its commitment to help drive the transformation of the agricultural sector for sustainable growth and development.

Wole Oshin, Head, Agribusiness, Stanbic IBTC Bank, said, “Stanbic IBTC Bank is deeply committed to the development of the agricultural sector, because we believe it is pivotal to the nation’s economic growth. We have significant investments in the sector in the form of research, transactional products and credit facilities. We are currently working with several stakeholders within the sector across Nigeria, and we will continue to support initiatives such as this to help drive a sustainable agricultural sector.”

He added that the financial institution’s long-term goal is to help increase crop yield, build capacity, create wealth, reduce poverty and promote bi-lateral collaborations in agriculture equipment and technology development.

The expo will feature a selection of UK agriculture equipment sellers, re-sellers and manufacturing companies from across the agriculture value chain. These exhibitors will be showcasing their products, technology and services to stakeholders in the country’s agriculture sector.

Participants will have the opportunity to gain access to chat room discussions with sellers and buyers and a direct connection with key stakeholders.

Stanbic IBTC Bank assures of its unwavering support in the agricultural sector through innovative initiatives as well as its bouquet of Agric-tailored products that cater for its clients’ various transactional, working capital and equipment finance needs, amongst others.

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Bank Nigeria PMI: Output Growth Slows but Business Confidence Rises Sharply

The Nigerian private sector remained in growth territory as...

NIA: Insurance Week Designed to Boost Industry Awareness in Nigeria

Mr. Kunle Ahmed Chairman Nigerian Insurers Association (NIA) The Nigerian Insurers Association...

NAICOM Chief: The Future of Nigeria Depends on How We Manage Risks

Keynote Address by Mr. Olusegun Ayo Omosehin, Commissioner for...

SEC Canvasses Advanced Financial Inclusion by 2030

The Securities and Exchange Commission (SEC) has stressed the...

NCDMB to Champion “Nigeria First” Policy in Oil and Gas Sector

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Topics

Sanwo-Olu Hails Maiden Lagos Shopping Festival

LR: Chief Bisoye Fagade, DG/CEO, National Institute for Hospitality...

Emefiele, IMF Chief for FMDA Financial Markets Conference

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin...

Maida: Stakeholder Input Crucial in Utilising Emerging Technologies

Speech the Executive Vice Chairman (EVC)/Chief Executive Officer (CEO), Nigerian...

Nigeria, 9 Others Account for 92% of Insurance Premium in Africa

A panel report from the 43rd African Insurance Organisation...

Stanbic IBTC Bank PMI: New Order Growth at 7-month Low in June

June data signaled a broad stagnation of the Nigerian...

Why Brands Should Take Media Monitoring Serious in 2023

By Queen Nwabueze Please allow. Let's start this article by...

NCDMB, Dangote Refinery Inaugurate Joint Committee to Deepen Local Content

The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe presenting...

Smile, Leading 4G LTE Innovation in Africa

Smile Telecoms Holdings Limited,which owns and operates 4G LTE...
spot_img

Related Articles

Popular Categories

spot_imgspot_img