Sanusi tells Sterling Bank to increase agric lending
Muhammadu Sanusi II, Emir of Kano Muhammadu Sanusi II, Emir of Kano, has charged the management of Sterling Bank to focus more on agriculture financing in support of the Federal Government’s goals of diversifying the economy to address the country’s almost total dependence on proceeds from the oil and gas sector. Sanusi who is also a former governor of the Central Bank of Nigeria (CBN) advised the bank to build on its pioneering work in Non-Interest Banking (NIB) by focusing on the agriculture sector. He said this while delivering a keynote address at a one-day conference organized by Sterling Bank on Non-Interest Banking in Kano recently. In 2017, Sterling Bank Plc won the Best Bank in Support of Agriculture Award at the Business Day Banking Awards and Agric Bank of the Year 2017 at the Nigeria Agriculture Awards Committee. The bank also won the Best Agric Finance Bank of the Year 2016 from the Zamfara branch of the Central Bank of Nigeria (CBN) and the Best Performing Ba...