In Riyadh, Saudi Arabia, President Bola Tinubu has urged global leaders to prioritize collaboration and inclusiveness in addressing pressing global challenges and fostering enduring solutions. He emphasized the significance of these principles in achieving food security, tackling collective challenges, and driving innovation for a more stable and prosperous world.

President Tinubu made these remarks during a high-level panel session at the World Economic Forum Special Meeting on Global Collaboration, Growth, and Energy for Development. He underscored the importance of collaboration and inclusiveness, particularly concerning Africa, in building a future characterized by hope, peace, and progress for all.

Highlighting the imperative of capital mobilization for Africa’s economic growth and development, Tinubu stressed the need for inclusive programs that encompass the entire world, ensuring that no one is left behind. He emphasized that Africa’s rich resources must translate into economic opportunities and realities, calling for concerted efforts to achieve this goal through collaboration.

The President also drew attention to the challenges facing the Sahel region and other neighboring countries, urging global leaders to understand the root causes of these issues and work together to find lasting solutions. As the Chairman of the ECOWAS Authority of Heads of State and Government, Tinubu emphasized the importance of promoting growth, stability, and economic prosperity in West Africa through cooperation and meaningful action.May be an image of 6 people and text that says "WORLD ΕCOΝΟΜΙΣ FQRUM Special Meeting on Global Collaboration Growth and Energy for Development Riyadh, 2024 WORLD PORUM WORLD CONOMIC FORUM WORLD FORUM የስ WORLD C WORLD PORUM IC WORLD ECONOMI 밀양U WORLD FORUM WARLD acomTy4a ECONOMI WORLD ICONOMIC WORLD FORUM ORSZAG WORLD ECOMOMIC ECONOMIC LIC WORLD CONOMIC ယး် KACAME POTU ECONOMIC Oe WORLD ECONOMIC FORUM WORLD WORLD ECONOMI PORUM Kpu ECONON น WORLD WORLD IBRAHIM TORSM ECONOMI WORLD PORUM .임냉군분 GEORGIEVA WORLD PORUM COMOMI IC ccueBoc Peatan BRENDE 出田使場て にたもう 道"

Regarding Nigeria’s economic recovery, President Tinubu highlighted the tough but necessary decisions taken, such as the removal of fuel subsidies and currency management, to reset the economy and pave the way for growth. He emphasized the government’s commitment to transparency, accountability, and fiscal discipline, ensuring that the burden of reforms is shared equitably among the population.

The President’s insights on strategic economic reforms were commended by Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), who stressed the importance of addressing the needs of people alongside implementing tough reforms.

Echoing President Tinubu’s sentiments on inclusive economic growth, President Paul Kagame of Rwanda emphasized Africa’s growing middle class and the continent’s strategic importance in the global community, driven by its human resources.

President Tinubu’s call for global collaboration and inclusiveness underscores the need for concerted efforts to address global challenges and build a more equitable and prosperous world for all.

 

 

Regarding Nigeria’s economic recovery, President Tinubu highlighted the tough but necessary decisions taken, such as the removal of fuel subsidies and currency management, to reset the economy and pave the way for growth. He emphasized the government’s commitment to transparency, accountability, and fiscal discipline, ensuring that the burden of reforms is shared equitably among the population.

 

 

A collaboration between Vertiv, a global provider of critical digital infrastructure and continuity solutions, and South Africa-based IT services and solutions company, TechAccess, is growing the presence of both companies in the region, and providing needed support for data centre-colocation, enterprise, financial sector and mining customers across sub-Saharan Africa.

 

This is the view of TechAccess managing director Jaxon Martin, who says that in collaboration with Vertiv, TechAccess is rapidly expanding its reach within sub-Saharan Africa, with projects and delivery across the continent. “Our focus is on the delivery of data centre fit-out infrastructure solutions, as well as advanced structured cabling solutions and data centre infrastructure management software. The TechAccess partnership with Vertiv has thus given us access to a varied and unique product set within the data centre space,” he says.

 

However, this relationship goes beyond simply distributing and supplying product, Martin explains, stating that TechAccess is unique in that it offers a full turn-key set of solutions – from consultancy, design, installation, logistics and project management. Vertiv works alongside TechAccess, enabling the company to deliver expertise and critical digital infrastructure system support to its customers.

 

As a Vertiv Diamond Elite Partner, TechAccess is able to distribute Vertiv’s integrated rack solutions (IRS) portfolio – specifically designed for the enterprise sector – as well as deliver support for critical digital infrastructure systems.

 

TechAccess, with its strong focus on data centre co-location providers and tier operators, has been working to promote the Vertiv(TM) IRS range of products in the whitespace throughout sub-Saharan Africa. This has manifested in a surge of Vertiv solutions deployed in the region.

 

“Partnering with a global data centre vendor like Vertiv has given us the confidence we need to deliver on the opportunities in the market,” Martin says.

 

“Vertiv provides the assurance customers are looking for, standing firmly behind us as a key partner. And knowing that there is a strong local presence and support base for pre- and post-sales enquiries via Vertiv has also translated into greater customer satisfaction,” he explains.

 

Martin refers to specific benefits seen through Vertiv’s partner programme, including: leads received from Vertiv, which has assisted with TechAccess’s business growth and entry into new market; access to the user-friendly Vertiv marketing centre, a one-stop shop which has provided TechAccess with co-branded assets, content syndication, ready-to-use marketing campaigns and collateral that is easy to adapt; and the ability to work with Vertiv on pooled co-op activities.

 

“Working with Vertiv has been a seamless process. On marketing activities, we engage in advance, discuss the key messages, identify the target market, agree on the outcome/results we want to achieve, and execute. Not only does Vertiv deliver a world-class, global end-to-end solution offering, we’ve experienced great collaboration, alignment and engagement with the Vertiv Africa sales and marketing team. They are always very supportive,” Martin adds.

 

“Vertiv’s recently redesigned partner programme was developed to promote the mutual success of all parties involved,” says Vertiv Africa distribution manager Dirk Cilliers. “This comes through direct pre-sales and post-sales assistance on opportunities and product support, as well as joint marketing initiatives to drive specific product and solutions across multiple sectors.

 

“We are delighted that our shared vision, technical ability and marketing strategies have come together in a strong partnership between Vertiv and TechAccess. This, we believe, has been key to driving this growth into the Sub- Saharan market,” he concludes.

 

Finidi bullish on Enyimba’s chances despite dropped points against Sunshine Stars

Super Eagles interim manager Finidi George has promised that his Enyimba boys will push until the NPFL ends after dropping two points against Sunshine Stars.

Enyimba manager Finidi George has defiantly stated his side will push till the end in their quest to defend their Nigerian Premier Football League (NPFL) title.

Pulse Sports Nigeria reports that the Super Eagles interim coach stated this after seeing his charges salvage a 1-1 draw against Sunshine Stars on Sunday.

The People’s Elephant kept their hopes alive thanks to Chidiebere Nnachi’s second-half strike in Akure, a result that leaves them two points adrift of league leaders Rangers Int’l of Enugu.

Despite the dropped points, George, who has been heavily linked with the vacant Nigeria Super Eagles head coach role, remains bullish about Enyimba’s chances of overhauling their rivals.

“I think so (that Enyimba still have a chance to win the league),” the former Nigerian international told the club media.

“After having this point (against Sunshine Stars), I think we will build on it and see how we can win at home.

“We will push till the end of the season. This is Enyimba, we don’t give up. Others are playing to see how they can win also. So, we will see what happens.”

The nine-time NPFL champions next host Katsina United at the Enyimba FC Stadium as they continue their quest to reel in Rangers at the summit.

 

Mazi Jaka

 

The Central Bank of Nigeria (CBN) has issued a directive instructing four prominent fintech companies to halt the onboarding of new customers with immediate effect.

The affected fintech firms include OPay, Palmpay, Kuda Bank, and Moniepoint, all of which have been directed to comply with the CBN’s directive pending further investigations.

This move by the CBN follows ongoing investigations into allegations of illegal foreign exchange transactions involving accounts on these platforms.

A representative from two of the affected companies acknowledged the CBN’s directive, linking it directly to the allegations under investigation. However, they expressed concern that the directive might be misdirected, highlighting that the majority of the accounts implicated in the illicit forex transactions are associated with commercial banks, not fintech platforms.

“I can confirm that 90% of the accounts implicated in the illicit forex transactions are with commercial banks, and only 10% are with fintechs,” one source stated. “Why then has the CBN not extended this directive to the commercial banks? We face a widespread issue here, and targeting fintechs seems like an unfair focus on the more vulnerable targets.”

The directive from the CBN has raised questions about the rationale behind singling out fintech companies while the issue of illegal forex transactions involves a broader spectrum of financial institutions.

The affected fintech companies are currently cooperating with the CBN as investigations continue, while also seeking clarity on the reasons behind the directive.

 

Mohammed Idris, the Minister of Information and National Orientation, convened a crucial meeting with the Senior Special Assistants to the President on Community Engagement, underscoring the government’s steadfast commitment to fostering robust communication channels with citizens across Nigeria.

The gathering, held at the Minister’s office in Abuja, aimed to strengthen the partnership between the Ministry and the Senior Special Assistants, renewing their shared dedication to disseminating accurate information about government programs to communities nationwide.

Minister Idris emphasized the urgent need to rebuild public trust, acknowledging its decline as a significant impediment to effective communication and program implementation. He pledged to prioritize transparent, timely, and patriotic communication, stating, “You cannot build trust when you tell people what they know to be obviously not true.”

Highlighting the pivotal role of the Senior Special Assistants, Minister Idris affirmed their responsibility to serve as conduits between the government and diverse communities, tasked with understanding citizens’ concerns and relaying feedback to the authorities.

The Minister outlined plans for collaboration, including deploying the National Communication Team to engage directly with Nigerians across the country, disseminating information and gathering feedback. Additionally, he offered the Ministry’s platforms to support the efforts of the Senior Special Assistants.

“The National Communication Team will also collaborate with the relevant Special Assistant for each community visit,” he added.

Minister Idris reiterated President Bola Ahmed Tinubu’s vision for Nigeria to “recover lost ground” and achieve shared prosperity, underscoring the government’s commitment to inclusive development.

Earlier in the meeting, the three Senior Special Assistants to the President on Community Engagement, led by Hon. Abdullahi Tanko Yakasai, highlighted the critical role of local engagement in reaching grassroots communities. They sought collaboration with the Ministry to enhance awareness of government initiatives.

“Partnering with the Ministry will enable us to utilize its communication channels to ensure communities are well-informed about government programs and achievements,” noted Yakasai.

The collaborative endeavor aims to bridge the information gap and ensure all citizens are aware of the programs and services available to them.

The meeting was attended by Senior Special Assistants to the President on Community Engagement from various zones, including Abiodun Essiet from the North Central Zone and Mrs. Moremi Ojudu from the South West, alongside Chief Executive Officers of agencies under the Ministry.

Azentio Software (“Azentio”) (www.Azentio.com), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won three awards with its respective clients, at the IBSi Digital Banking Awards 2024 ceremony, held as a part of the prestigious Cedar-IBSi Digital Banking & AI Summit, on April 19 in Bengaluru, India. The company was declared Segment Winners I SME/Corporate Banking, Regional Winners I Middle East & Africa, and Segment Winners I Compliance Management.

 

Organised by IBS intelligence (IBSi), one of the world’s leading financial technology research, advisory, and news analysis firm firms, the annual award program honours technology players, Banking as a Service (BaaS) providers, digital banks, neo banks, and challenger banks for their excellence in driving impact through technology implementations and innovations using emerging technologies.

The Azentio Accolades

  • Digital Badge of Segment Winners I SME/Corporate Banking
  • Digital Badge of Regional Winners I Middle East & Africa
  • Digital Badge of Segment Winners I Compliance Management

 

Azentio’s citations as Segment Winners I SME/Corporate Banking and Regional Winners I Middle East & Africa, were for the successful implementation of the Azentio ONEBanking Digital Lending platform at Consolidated Bank Ghana Limited (CBG), one of the largest banks in Ghana. CBG has leveraged Azentio ONEBanking to seamlessly integrate digital processes and online services, thereby, enhancing customer experience with convenient, secure, and efficient banking solutions. This digital shift not only streamlines operations for the bank but also reinforces its commitment to modernizing the banking sector in Ghana.

Azentio was declared Segment Winners I Compliance Management for maximizing the technology benefits for Albilad Investment Company (Albilad Capital), a leading provider of Islamic investment management solutions in the Kingdom of Saudi Arabia (KSA), with its Azentio ONEBanking Financial Crime Management (FCM) platform. Azentio FCM has emerged as a cornerstone in Albilad Capital’s compliance strategy, offering a blend of regulatory adherence, operational agility, and cost-effectiveness. Its robust features and seamless integration have not only fortified the institution’s compliance framework but also positioned it as a trusted player in the regional financial landscape.

Nikhil Gokhale, Director – Research & Digital Properties at IBS Intelligence, stated, “Congratulations to Consolidated Bank Ghana and Azentio for their win at the IBSi Digital Banking Awards 2024. By using Azentio ONEBanking, CBG has revolutionized its operations, improving customer service and operational efficiency. Their strategic approach to digital innovation ensures ongoing growth and competitiveness in the finance sector.

At the same time, kudos to Albilad Capital and Azentio for winning the ‘Best in Compliance’ award. Albilad Capital’s adoption of Azentio ONEBanking Financial Crime Management has significantly enhanced compliance, efficiency, and cost-effectiveness,” continued Nikhil. “The solution’s integration with the Saudi Arabian Monetary Authority (SAMA) guidelines ensures strict adherence to anti-money laundering policies, establishing credibility in the business.”

Gaurav Kedia, Chief Financial Officer at Azentio Software, commented, “We are humbled and proud for these multiple honours bestowed upon Azentio by the globally renowned IBSi, for our focus on bringing tremendous value for clients with our innovative technology solutions. Azentio ONEBanking Digital Lending gives maximum support for scalability, compliance and digitalization, with its advanced cloud-native, auto-scalable, low-code/no-code, and API-ready features that completely transform end-to-end lending processes for our clients and their customers. Additionally, Azentio ONEBanking FCM stands out as a highly parameterized, domain-agnostic platform that includes a comprehensive AML solution and AI-driven analytical and investigative tools. These tools provide critical, actionable intelligence to detect and prevent money laundering and fraudulent activities effectively. Clearly Azentio helps its clients lead the way in modernization, transformation and innovation.”

 

MainOne, a leading telecommunications infrastructure firm in Nigeria, proudly unveils its vibrant celebration of International Women’s Day held in March. Led by the visionary leadership of CEO Miss Funke Opeke, MainOne reaffirms its commitment to championing gender equality and empowering women in the workplace.

On this momentous occasion, MainOne organized a series of engaging activities aimed at honoring and uplifting the remarkable women who contribute to the company’s success. From insightful discussions to energizing festivities, the event encapsulated the theme of celebrating the Power of Women at MainOne.

Reflecting on the event, MainOne shared on their LinkedIn page, “In March, we came together to celebrate International Women’s Day and honor the incredible female talent who drives our success at MainOne.”No alt text provided for this image

The festivities commenced with a lively karaoke session, setting the tone for an atmosphere of camaraderie and empowerment. This was followed by a thought-provoking health talk, emphasizing the significance of prioritizing well-being for a thriving and balanced career.

Central to the celebration was a compelling panel discussion focusing on fostering gender inclusion in the workplace and the invaluable role of mentorship programs. Distinguished women from MainOne shared their inspiring stories, passion, and expertise, underscoring the profound impact women have on the company and the world at large.

“We’re incredibly proud of all our female employees at MainOne,” stated the company, highlighting their unwavering dedication to fostering an inclusive and supportive environment where every individual can thrive.

 NITDA Empowers 100 Girls in Digital Literacy Training Programme on International Girls in ICT Day

MainOne’s celebration of International Women’s Day serves as a testament to their steadfast commitment to gender equality and empowerment, setting a shining example for companies across Nigeria and beyond.

 

 

ANTHONY EMEKA NWOSU

 

 

Central to the celebration was a compelling panel discussion focusing on fostering gender inclusion in the workplace and the invaluable role of mentorship programs. Distinguished women from MainOne shared their inspiring stories, passion, and expertise, underscoring the profound impact women have on the company and the world at large.

 

The recently concluded “2 HEARTS 1 MIC” event, formerly known as the Lagos Mainland Edition, organized by MC Day, has wrapped up, leaving attendees and relaxation enthusiasts alike describing it as a resounding success. Held in the vibrant Yaba axis of Lagos state, the event offered a unique experience for attendees to unwind and network.

During a post-event press conference, MC Day emphasized the event’s purpose of providing relief from the fast-paced life of Lagos. He stated, “Lagos, like many metropolitan areas worldwide, is filled with stress and a fast-paced lifestyle. Our event aims to provide people with an opportunity to relax, unwind, and network in this bustling city. We’ve carefully crafted this event to offer something different, including one of the few karaoke nights in the city.”

Looking ahead, MC Day expressed plans to expand the event beyond Lagos, including other cities like Rivers State and Abuja. He emphasized the importance of ensuring Nigerians can enjoy their lives despite economic challenges.

Patience Eke, an organizer of the event and assistant to MC Day, praised his dedication and vision for the event. She stated, “MC Day is a visionary and a perfectionist. I’m impressed by the consistency and quality he brings to the event. We’re constantly striving for excellence and have our sights set on expanding internationally. The networking opportunities and atmosphere are truly enjoyable.”

Attendee Juliet Isede shared her positive experience, highlighting the event as a way to both unwind and network. She remarked, “I’m delighted to be here, especially on my birthday. This event has provided me with the perfect opportunity to relax and connect with others. In today’s stressful economy, events like these are essential for personal well-being.”

“2 HEARTS 1 MIC,” powered by MC Day and his team, has been a recurring success, with its third edition marking another milestone. The event, which originated in Lagos Island and has expanded to other locations, has garnered corporate support and enthusiastic participation from attendees, cementing its reputation as a must-attend experience.

 

In a proactive move to enhance the welfare of its employees, the Nigeria Data Protection Commission (NDPC) recently joined hands with the Tulsi Chanrai Foundation Eye Hospital, Abuja, to organize a comprehensive eye screening session for all staff members.

The initiative, spearheaded by the National Commissioner/CEO, Dr. Vincent Olatunji, underscores the Commission’s commitment to ensuring the well-being and health of its workforce. The free eye screening session, held at the premises of the NDPC, encompassed a range of essential tests, including Visual Acuity, Optometry, and Refraction, among others.

The collaboration with the Tulsi Chanrai Foundation Eye Hospital, renowned for its expertise and dedication to eye care, ensured that all staff members had access to high-quality screening services. From senior officials to support staff, every individual within the Commission benefited from this proactive health initiative.

Dr. Vincent Olatunji expressed his gratitude to the Tulsi Chanrai Foundation Eye Hospital for their partnership in facilitating this crucial screening program. He emphasized the importance of prioritizing the health and well-being of NDPC staff, recognizing their invaluable contributions to the Commission’s mission.

This initiative reflects NDPC’s ongoing efforts to create a conducive working environment and promote a culture of wellness among its workforce. By investing in preventive healthcare measures such as the eye screening session, the Commission reaffirms its commitment to supporting staff members in maintaining optimal health and productivity.

 

Anthony Emeka Nwosu

 

 

Amidst the global observance of International Girls in ICT Day, a remarkable stride was achieved on April 25th, as the National Information Technology Development Agency (NITDA) aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda by concluding a Digital Literacy Training Programme in collaboration with the Illimi Children Fund.

A hundred girls were equipped with essential skills across key areas outlined in the National Digital Literacy Framework during this initiative. The closing ceremony, adorned with snapshots capturing moments of triumph and empowerment, showcased NITDA’s unwavering dedication to providing avenues for growth and learning.

This initiative not only exemplifies NITDA’s commitment to fostering digital inclusion but also resonates with the vision set forth by President Tinubu’s agenda for a brighter future. Through partnerships and concerted efforts, such programs pave the way for a more empowered and digitally adept generation, in line with the broader goals of national development and progress.

 

 

ANTHONY EMEKA NWOSU

 

 

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