Finance group launches N5bn agricultural, financial hub in Kano
Norrenberger Financial Group has unveiled plans to invest over ₦5 billion in Kano State, combining large-scale agricultural development with expanded financial services in the region.
Speaking during the inauguration of its new Kano office on Wednesday, the Group’s Managing Director, Anthony Edeh, revealed that the Federal Government had granted approval for the cultivation of 1,000 hectares of arable land. The move, he said, is part of the company’s efforts to support food production and enhance national food security.
“As we step into Kano, we’re making two firm promises — one, to expand financial inclusion and access to advanced investment instruments, and two, to create jobs for the people,” Edeh stated.
So far, about 250 staff have been recruited to the new office, with projections to employ at least 1,500 people across insurance, pensions, and asset management services.
On the agricultural front, Edeh reaffirmed the group’s commitment to food security. “We’ve secured federal approval to cultivate 1,000 hectares of farmland. This will not only boost food production but also provide more jobs and economic activity in the region.”
The group also emphasized that its decision to open a new branch in Kano reflects its long-term commitment to Northern Nigeria. “This office is a symbol of our belief in the potential of the region,” Edeh added.
Also speaking at the event, Norrenberger’s Managing Director of Asset Management, Pabina Yinkere, said the investment would simplify access to financial solutions for millions of underserved Nigerians.
Dignitaries at the launch included Chairman of Mangal Industries, Alhaji Dahiru Bara’u Mangal; Chairman, Board of Directors, International Energy Insurance, Alhaji Bukar Goni; and the Director General of the Securities and Exchange Commission, Dr. Emomotimi Agama.
