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BRENT$72.45 2.10%
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NewsForeign reserves hit $34.2 billion, highest in 2 years
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NewsNigeria's inflation rate drops to 24.48% in January
DOW42,850.22 0.32%
BTC$87,250 3.20%
BREAKINGSEC announces new rules for digital assets
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsFAAC disburses N1.1 trillion to federal, states, LGs
UPDATETinubu approves ₦3 trillion for power sector
NewsStock market capitalization crosses N55 trillion mark
NewsNaira stabilizes at N1,550/$1 in official market
USD/NGN₦1,550 0.45%
NewsCBN raises interest rate by 400 basis points to 22.75%
NGXASI98,575.68 1.25%
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigeria exits technical recession with 3.46% GDP growth
NewsGold hits record high as investors seek safe haven
BREAKINGNigeria secures $2.25 billion World Bank loan
S&P5,776.65 0.15%
NEWSNNPC reports 47% profit increase
UPDATENDDC launches ₦2.5bn infrastructure bond
ALERTAviation fuel prices drop by 8%
NewsBitcoin surges past $87,000 on ETF inflows
NewsOil prices rally on OPEC+ production cuts extension
NAS18,290.25 1.05%
NewsNigerian banking sector assets grow by 45% year-on-year
NewsEuro depreciates against dollar ahead of ECB meeting
EUR/USD1.0845 0.12%
NewsDangote Refinery begins petrol production
BRENT$72.45 2.10%
GOLD$2,890.5 0.85%
NewsForeign reserves hit $34.2 billion, highest in 2 years
WTI$68.92 1.80%
NewsNigeria's inflation rate drops to 24.48% in January
DOW42,850.22 0.32%
BTC$87,250 3.20%
BREAKINGSEC announces new rules for digital assets
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsFAAC disburses N1.1 trillion to federal, states, LGs
UPDATETinubu approves ₦3 trillion for power sector
NewsStock market capitalization crosses N55 trillion mark
NewsNaira stabilizes at N1,550/$1 in official market
USD/NGN₦1,550 0.45%
NewsCBN raises interest rate by 400 basis points to 22.75%
NGXASI98,575.68 1.25%
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigeria exits technical recession with 3.46% GDP growth
NewsGold hits record high as investors seek safe haven
BREAKINGNigeria secures $2.25 billion World Bank loan
S&P5,776.65 0.15%
NEWSNNPC reports 47% profit increase
UPDATENDDC launches ₦2.5bn infrastructure bond
ALERTAviation fuel prices drop by 8%
NewsBitcoin surges past $87,000 on ETF inflows
NewsOil prices rally on OPEC+ production cuts extension
NAS18,290.25 1.05%
NewsNigerian banking sector assets grow by 45% year-on-year
NewsEuro depreciates against dollar ahead of ECB meeting
EUR/USD1.0845 0.12%
NewsDangote Refinery begins petrol production
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NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
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Financial EDGE

Polaris Bank, NCF Partner on Tree-Planting Drive to Combat Carbon Emissions in Rivers - FinancialEDGE

By adminResearch Signal
Polaris Bank, NCF Partner on Tree-Planting Drive to Combat Carbon Emissions in Rivers - FinancialEDGE
Click to expand

Polaris Bank has partnered with the Nigeria Conservation Foundation (NCF) to launch a tree-planting initiative in Rivers State.

The exercise, held at Bodo City Girls Secondary School in Gokana Local Government Area, is part of efforts to combat carbon emissions and promote sustainable environmental practices.

Speaking at the event, Polaris Bank’s Divisional Head for South-South, Mr. Raphael Abiaziem, represented by Mr. EjikeAroh, Business Development Manager of Garrison Branch,underscored the project’s importance in advancing the Bank’s sustainability agenda. He said the initiative aligns with the United Nations Decade on Ecosystem Restoration and reinforces the Bank’s commitment to environmental, social, and governance (ESG) priorities.

“This project is not just about planting trees; it is about safeguarding our environment, reducing carbon footprint, and raising awareness on climate action,” Abaziem stated. “By planting fruit-bearing and economic trees, we are helping communities build resilience, improve food security, and restore degraded ecosystems.”

The Divisional Head emphasized that climate change presents one of the greatest global challenges and requires an urgent and collective response. He noted that financial institutions like Polaris Bank must take leadership in driving initiatives that contribute to a more sustainable future.
The Nigeria Conservation Foundation commended the Bank’s leadership of Polaris Bank and noted that the selected trees would serve multiple benefits, including preventing soil erosion, providing shade, acting as windbreakers, and yielding edible produce for schools and host communities.
NCF Field Officer, Mr. Alex Jorbedom, highlighted the significance of planting fruit-bearing trees, noting that they will provide shade, serve as windbreakers, and produce edible fruits for both students and the host community.

“We are targeting 500 trees in this school, including avocado and native pear. Each tree has been planted with protective mesh, and we will return to create further awareness so the students appreciate their value and care for them properly,” Jorbedom said.

Polaris Bank’s broader sustainability roadmap, integrates climate action and community development into its long-term growth strategy. Through collaborations such as this, the Bank continues to strengthen its role as a catalyst for positive environmental and social impact.