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FBN Holdings Announces Rebrand Name Of The Company as First HoldCo PLC

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FBN Holdings announces conversion of name to First HoldCo PLC, extending its name to cover the entire group in the company. The establishment announced their name conversion on Tuesday 18th of February, 2025.

The subsidiary of the company, FirstBank will still keep its familiar name as the holders see no need to change it. The conversion change will happen once the company has gained approval from the Government regulators.

The Managing Director, Wale Oyedeji, speaks on this change “This transition represents more than a name change; it is a renewal of our purpose and vision”.

“We are better positioned to meet evolving market demand while strengthening the trust that has defined our relationships for over a century.”


 

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BATNF, NYSC Collaborate to Promote Agribusiness Among Corps Members

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It has been noted that the National Youth Service Corps (NYSC) and British American Tobacco Nigeria Foundation (BATNF) plan to renew their partnership in agribusiness.

The new project is to involve youth in the agriculture business, widen their horizons, and educate them about the agritech sector.

The general manager shared that “The foundation is not only providing grants but also building a system of mentorship, structure, and support that enables corps members to see agribusiness as a serious enterprise pathway.” The plan is to use the NYSC platform to engage youths.


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Government Pledges Support for Women in Livestock Development Says Minister Maiha

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Idi Mukhtar Maiha, Minister of Livestock Development, has revealed the government’s intention of placing women in the livestock transformation agenda that they have in store for Nigeria.

During a recent event, he praised women, describing them as the backbone of the country, and shared that the country will keep on needing their support, hence the inclusion of the agenda team.

He also praised the First Lady for the impact she has made in the country so far and her advocacy for women’s empowerment.


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“Minimum Wage Can Buy a Bag Now” — User Claims Rice Price Falling in Nigeria

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Nigerians react as a user claims and shares that the price of rice in Nigeria is already reducing.

“Rice prices are finally dropping, minimum wage can buy a bag now. Step by step, we’re getting there. Nigeria will work in our lifetime.”

It can be noted that rice was sold at ₦85k to ₦90k, however, according to a market survey, the price of rice has dropped to ₦56k to ₦62k.


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