Category: News

Access Bank, 27 other international banks develop Global Banking Principles, Zenith Bank and Keystone Bank endorse.

Following the development of the Global Principles for Responsible Banking by Access Bank and 27 other global banks, other financial institutions have now become early endorsers of the Principles. The banks include Caixa Bank, Corporación Financiera de Desarrollo (Ccofide), DGB Financial Group, GLS Bank, KB Financial Group,KBC Group, Keystone Bank, Natixis, Qatar National Bank, Standard Chartered PLC, and Zenith Bank PLC.

The Global Principles for Responsible Banking was launched for public consultation in Paris three weeks ago by the Arab African International Bank (AAIB) (Egypt), Access Bank (Nigeria),Banco Pichincha (Ecuador), Banorte (Mexico), Barclays (United Kingdom), BBVA (Spain), BNP Paribas (France), Bradesco (Brazil), Caixa Bank, CIMB Bank (Malaysia), Commercial International Bank (CIB) (Egypt), Corporación Financiera de Desarrollo (Ccofide), DGB Financial Group, First Rand (South Africa), Garanti Bank (Turkey), GLS Bank, Golomt Bank (Mongolia), Hana Financial Group (South Korea), Industrial and Commercial Bank of China (ICBC) (China), ING (Netherlands), KB Financial Group, KBC Group,Kenya Commercial Bank (KCB) Group (Kenya), Land Bank (South Africa),National Australia Bank (NAB) (Australia), Natixis, Nordea (Sweden), Piraeus Bank (Greece), Qatar National Bank, Santander (Spain), Shinhan Financial Group (South Korea), Societe Generale (France), Standard Bank (South Africa), Standard Chartered PLC, Triodos Bank (Netherlands), Westpac (Australia), and YES Bank (India).

The Principles will first be available for signature in September next year, but until then banks and stakeholders can signal their support for and join the initiative by becoming official endorsers of the Principles. The global principles will align the banking industry with, and scale up its contribution to society’s goals as expressed in the Sustainable Development Goals (SDGs) and the Paris Climate Agreement.

By adopting the Principles, Access Bank and the other institutions have signified a commitment to help promote the uptake of the Principles among their members and networks. As a member of the United Nations Environment Programme Finance Initiative (UNEP FI), Access Bank is a leading partner on the initiative.

Speaking after the announcement, the Group Managing Director/Chief Executive Officer of Access Bank, Herbert Wigwe, explained that as a member of the United Nations

Environment Programme Finance Initiative (UNEP FI), sustainability is an important global platform for the bank, especially in achieving sustainable growth through socially-responsible corporate practices.

“At Access Bank, we have stayed committed to ensuring that we place priority on not just being a profitable venture but also one that is deeply concerned about the planet and the people. With specific guidelines that have been developed, applied, and with rigorous monitoring, we can all ensure that we build a sustainable and prosperous future, achieve long-term business and financial benefits while driving urgent action that reduces the risk to the environment,” he said.

Supporting the Bank’s commitment, the head of sustainability, Access Bank, Omobolanle Victor-Laniyan said: “In order to continuously increase on impact through sustainability practices, we will consistently align our corporate strategies with ideas and activities that contribute to our customers’ needs, proactively engage and partner with relevant stakeholders in order to achieve Nigeria’s Sustainable Development Goals, the Paris Climate Agreement and relevant national and regional frameworks to which the country remains committed.”

Eric Usher, head of UNEP FI said: “Today we welcome the first official endorsers of the Principles for Responsible Banking. I am delighted that the Principles are already gathering support as we know that we need to see urgent action to address climate change and the other social and environmental challenges the world faces.”

UNEP FI Banking Lead Simone Dettling added: “The Principles for Responsible Banking provide an actionable framework for banks of any size and at any starting point to align their business strategies with society’s goals. We commend the first group of endorsers for taking this important step, and call on banks around the world to endorse the Principles and help develop the sustainable banking system of the future.”

The European Banking Federation, Natural Capital Coalition, SITAWI Finance for Good, the Spanish Banking Association, the European Association of Co-operative Banks, the European Sustainable Investment Forum, the BBVA Microfinance Foundation and the Spanish Savings Banks Confederation are other institutions who have also officially endorsed the Principles.

The Principles of Responsible Banking set the global standard for what it means to be a responsible bank and will ensure that banks create value for both their shareholders and society. They provide the first global framework that guides the integration of sustainability across all business areas of a bank, from strategic to portfolio to transaction level. The transparency and accountability mechanisms in the Principles require signatories to manage what matters most, set public targets and report back on progress.

Samson Itodo emerges The Future Awards Africa 2018 Young Person of the Year



 

Samson Itodo, sponsor of the ‘Not-Too-Young-To-Run bill, emerged The Young Person of the Year at the 13th edition of The Future Awards Africa held yesterday, 16 December, 2018 at the Balmoral Convention Centre, Federal Palace Hotel, Lagos.

The ground-breaking bill, which was finally signed in 2018, sought to advance youth participation in Nigerian politics, challenging post-Independence laws that preclude citizens under the age of 30 from participating in Federal, State and Local Government election.

Samson Itodo took the top prize in a category made up of several inspiring Nigerians including author, Tomi Adeyemi; artiste, David ‘Davido’ Adeleke; academic, Nemitari Ajienka, and scientist, Dr. Mahmoud Maina.

Receiving his award, Itodo emphasized the importance of active youth participation in the electoral process especially the upcoming elections in 2019. He advised young Nigerians to leverage on the opportunities provided by the Not-Too-Young-To-Run bill to get involved and create real impact in their communities.

“The 2019 elections are very important, because we cannot create true change in Nigeria without electing leaders who intend to develop the country. So when we go out next year, I beg you to look around you and search for true leadership – those who actually have the integrity and intention to lead. It’s all in our hands,” he said after receiving his award.

Other personalities who witnessed the event include Ibukun Awosika, Chairman, First Bank of Nigeria; Biodun Shobanjo, Chairman, Troyka Holdings; Rotimi Amaechi, Minister of Transportation; Kingsley Moghalu, presidential candidate of Young Progressives Party; Obiageli Ezekwesili, presidential candidate, Allied Congress Party of Nigeria; entrepreneur and philanthropist, Jumoke Adenowo; Omotola Jolade-Ekeinde; Salawa Abeni and many more.

#NigeriasNewTribe: The Future Awards Africa celebrates 20 outstanding young Nigerians in a night filled with music, style, and inspiration



 

Africa’s biggest youth awards, The Future Awards Africa yesterday celebrated 20 young and driven Nigerians making impact in diverse sectors of human endeavour including advocacy, media, music, technology, art, film, photography and more.

The event which held at the Balmoral Convention Centre, Federal Palace Hotel, Lagos, had in attendance several leading personalities in government, politics, and business such as the Minister of Transportation, Rotimi Amaechi; Minister of Trade and Investment, Okechukwu Enelamah; Chairman, First Bank of Nigeria, Ibukun Awosika; Chairman, Troyka Holdings, Biodun Shobanjo; CEO, Sahara Group, Tonye Cole; Presidential Candidate, Young Progressive Party, Kingsley Moghalu; Presidential Candidate, Allied Congress Party of Nigeria, Obiageli Ezekwesili; Jumoke Adenowo; Omotola Jolade-Ekeinde; Deola Sagoe and more.

Themed ‘Nigeria’s New Tribe’, The Future Awards Africa 2018 acknowledged the inspiring work and initiatives of nominees, celebrating the impact made through social enterprise and creativity in the year under review. The annual awards event celebrates a new class of innovators, philanthropists, activists, technocrats and creators promoting the shared mission of changing the African narrative.

Some of the winners at the 2018 edition are Zainab Balogun (Prize for Acting); Ahmed Musa (Prize for Sports); Simisola; Uche Kenneth (Prize for Advocacy); Chidi Ajaere (Prize for Business); Ayodele Sipasi Olalekan (Prize for Agriculture); Founders of Piggybank, Odunayo Eweniyi, Joshua Chibueze and Somtochukwu Ifezue (Prize for Technology); Emmanuel Oyeleke (Prize for Photography); Mark Angel (Prize for Comedy); Tosin ‘The Style Infidel’ Ogundadegbe (Prize for Fashion); Samson Itodo (Young Person of the Year) and many others.

Others are John Obidi (Prize for New Media); Uche Kenneth Udekwe (Prize for Advocacy); Nadine Ibrahim (Prize for screen producer); Olive Emodi (Prize for OAP TV); Itodo Anthony (University of Sussex Prize for Education; Temi Marcella Awogboro (Prize for Professional Service); Daniel Philemon Saradau (Prize for Public service); Linus Unah (Prize for Journalism); Adebola Kekere Ekun (Prize for Creativity) and Foluwake Folustorms Ogunkeye (Tosyn Bucknor Prize for OAP Radio).

The Future Awards Africa 2018 was powered by The Future Project, Guaranty Trust Bank, and H20h.

Samson Itodo, Simi, Zainab Balogun, Mark Angel, Nadine Ibrahim emerge winners at The Future Awards Africa 2018… See full list




Simisola ‘Simi’ Ogunleye, Zainab Balogun, Chidi Ajaere, Mark Angel, Nadine Ibrahim were among the winners at The Future Awards Africa 2018 held yesterday at the Balmoral Convention Centre, Federal Palace Hotel, Lagos.

Youth advocate, Samson Itodo was however the biggest winner of the night as he carted away the coveted Young Person of the Year 2018 award for his work as leader of the Youth Initiative for Advocacy, Growth & Advancement (YIAGA), a non-governmental organization calling for youth participation in governance.

Hosted by Bolanle Olukanni and Tobi Bakre, 20 winners emerged at this year’s event, with trailblazers selected across their communities in categories ranging from social activism, business, and entertainment.

The Future Awards Africa celebrates young, diverse and innovative young Africans between the ages of 18 and 31, who are making a difference through social good, social enterprise and creativity.

The Future Awards Africa 2018 is presented by The Future Project, Guaranty Trust Bank and H20h

See the full list of winners below:

  • The Future Awards Africa 2018 Prize for comedy

Winner: Mark Angel

  • The Future Awards Africa 2018 Prize for Photography

Winner: Emmanuel Oyeleke

  • The Future Awards Africa 2018 Prize for Business

Winner: Chidi Ajaere

  • The Future Awards Africa 2018 Prize for New Media

Winner John Obidi

  • The Future Awards Africa 2018 Prize for Acting

Winner Zainab Balogun

  • The Future Awards Africa 2018 Prize for Advocacy

Winner: Uche Kenneth Udekwe

  • The Future Awards Africa 2018 Prize for Agriculture

Winner: Ayodele Sipasi Olalekan

  • The Future Awards Africa 2018 Prize for screen producer

Winner: Nadine Ibrahim

  • The Future Awards Africa 2018 Prize for OAP TV

Winner: Olive Emodi

  • The Future Awards Africa 2018 University of Sussex Prize for Education

Winner: Itodo Anthony

  • The Future Awards Africa 2018 Prize for professional Service

Winner: Temi Marcella Awogboro

  • The Future Awards Africa 2018 Prize for Public service

Winner: Daniel Philemon Saradau

  • The Future Awards Africa 2018 Prize for Fashion

Winner: Tosin Ogundadegbe

  • The Future Awards Africa 2018 Prize for Journalism

Winner: Linus Unah

  • The Future Awards Africa 2018 Prize for Creativity

Winner: Ayobola Kekere Ekun

  • The Future Awards Africa 2018 Prize for Technology

Winner: Odunayo Oweniyi, Joshua Chibueze and Somotochukwu Ifezue (Piggy Bank)

  • The Future Awards Africa 2018 Tosyn Bucknor Prize for OAP Radio

Winner: Foluwake Folustorms Ogunkeye

  • The Future Awards Africa 2018 Prize for Music

Winner: Simisola ‘Simi’ Bolatito Ogunleye

  • The Future Awards Africa 2018 Prize for sports

Winner: Ahmed Musa

  • The Future Awards Africa 2018 Young person of the year

Winner: Samson Itodo

British Council hosts The Future Awards Africa 2018 nominees… Niniola, Zainab Balogun, Emmanuel Oyeleke, Ink Eze, Folu Storms, Tomike Alayande, others attend






 

The British Council yesterday hosted The Future Awards Africa 2018 nominees to a reception in Lagos with young change-makers including Niniola, Zainab Balogun, Emmanuel Oyeleke, Ink Eze, Folu Storms, Fisayo Fosudo and others receiving their certificates of nomination.

With 20 categories and 100 nominees selected this year, The Future Awards Africa seeks to acknowledge inspiring young Nigerians between the ages of 18-31 making a difference through social enterprise, social good, and creativity.

Osayi Alile, CEO, Act Foundation gave the welcome address while Steve Forbes, Director of Operations, British Council gave the opening speech at the reception. Music artiste and social activist, Bankole ‘Banky W’ Wellington was the guest speaker at the well-attended event.

The 13th edition of the Awards event will hold on Sunday, 16 December, 2018 at the Balmoral Convention Centre, Federal Palace Hotel, Victoria Island, Lagos.

 

United Kingdom-based high street fashion brand, Hype and Steam officially launches in Nigeria





Hype and Steam, a United Kingdom-based online fashion retailer, officially launched operations in Nigeria on Friday, 16 November, 2018 with an exclusive runway show and after party at the Hard Rock Café, Victoria Island, Lagos.

Looking to bring the latest global trends to fashion enthusiasts in Nigeria at affordable prices, the high street brand has commenced full operations in Nigeria, with a delivery turnaround time of between one to five days across the country – a welcome alternative to foreign online platforms with long waiting periods and exorbitant shipping costs.

Speaking at the event, Business Head, Hype and Steam Nigeria, Mrs. Adebola Ukaiwe, stated that the fashion retail brand is committed to providing the best service to the Nigerian market by selling en vogue, quality clothing items and accessories at affordable rates.

The launch event, compered by Maria Okan, including appearances by Mimi Onaloja, Titi Oyinsan and Olumide Oworu amongst others, is definitely one of the fashion highlights of the year. Guests were treated to pop-up sales, a live performance from Vector Tha’ Viper, and a runway show that showcased over 40 flagship outfits.

Visit www.hypeandsteam.com.ng

#YNaijaPowerList2018: Instablog9ja, Sonia Irabor, Damilola Odufuwa, others nominated for the YNaija Powerlist for Media

 


 

Subversive magazine editor Chidera Muoka, anonymous social media news hub Instablog9ja, pro-feminist tastemaker Damilola Odufuwa and techpreneur Muyiwa Matuluko have been unveiled as some of the most influential personalities in the 2018 edition of the #YNaijaPowerList for Media – a roll call of the most powerful Nigerian influencers under the age of 40.

Currently in its seventh year, Y!/YNaija.com, the internet newspaper for young Nigerians, unveils the Powerlist to celebrate policymakers, decision-makers, change agents, and influencers breaking boundaries in Nigeria.

Other personalities on the 2018 Powerlist also include Sonia Irabor the Managing Editor, Genevieve Magazine; social media activist Mercy Abang; Toyosi Ogunseye, BBC World Service’s head of language services for West Africa, Bada Akintunde-Johnson, the country manager of the globally renowned Viacom media network and Hannah Ojo, a writer for world renowned platforms such as Thomson Reuters Foundation, International Center for Journalists and Zimeo.

 

See full profile of the #YNaijaPowerlist2018 below:

 

Mercy Abang

Mercy Abang is a journalist, publisher, environmental consultant and social media maven. She has worked as media assistant to former Cross River governor, reported from the United Nations as the 2017 United Nations (Dag Hammarksjold) Journalism Fellow and played fixer roles for teams from the BBC and Al Jazeera. Abang runs the news site, NewsWireNGR, an online newspaper set up in 2013 to document the stories of underserved populations across media outlets around the world.

Bada Akintunde-Johnson

A former broadcast journalist and advertising executive, Bada Akintunde-Johnson is the Country Manager for Viacom International Media Networks Africa, a behemoth that houses lifestyle brands such as MTV Base, BET, Nickelodeon and Comedy Central in the Nigerian Market. As the focus person for Viacom Africa’s Nigeria business, Akintunde-Johnson positions the brand’s visibility and helps create wider opportunities for local talent.

Instablog9ja

Love it or hate it, you go to Instablog9ja for your gossip and news and everything else in between. No other online platform pulls as much weight as Instablog. Period. The numbers don’t lie. Over 1.8 million followers on Instagram avidly consuming over 47,000 posts with each one getting engagement that even legacy media platforms dream about. For a snapshot of the cultural cachet that Instagram wields, look no further than the circus surrounding the handle’s real ownership. Instablog9ja doesn’t just report gossip, it is the gossip.

Sonia Irabor

Sonia Irabor was with Genevieve Magazine right from inception, as a precocious teen correspondent and columnist. In 2017, she took up the editor role, one which her publisher mum, Betty Irabor had quietly been preparing her for even while she was studying abroad. Genevieve Magazine has remained a market leader in the field of lifestyle glossies, seeing off countless competitors in its fifteen years of existence. Sonia Irabor hasn’t rocked the boat and has made attempts to increase the magazine’s online presence while attracting a younger generation of subscribers.

Muyiwa Matuluko

Matuluko is co-founder at Techpremier Media Ltd, publisher of Techpoint.ng, the leading tech website in the country. As executive editor of Techpoint, Matuluko leads a dynamic media outfit that covers the happenings in the tech and business spaces aggressively with comprehensive, award-grabbing reportage. The annual Techpoint Build is a buzzy conference and exhibition event that connects startup and SME communities with opportunities while Techpoint Inspired convenes essentially everyone in the tech value chain to explore emerging trends.

Chidera Muoka

Since Chidera Muoka took over editing duties at Guardian Life, the trendy weekly pull-out has reclaimed its status as the magazine of record for generation Z. The Guardian newspapers has been working to shed some of the stuffiness that has characterised its presentation over the years. The decision to hire younger, edgier talent to realise this goal proved to be a smart one as Muoka – under the umbrella of the Ventra Media Group – has repositioned Guardian Life through buzzy cover stories, trendy profiles and attention-grabbing photo shoots.

Damilola Odufuwa

For the generation of Nigerians who voraciously consume content via mobile, Damilola Odufuwa is something akin to a national treasure. She has led the newsrooms at Zikoko.com and Konbini where she oversaw a selection of bright young writers, video editors and producers to create unique, visual-focused content for young African millennials. Odufuwa moved to CNN in July, where she works as a producer running CNN Africa’s social division.

Toyosi Ogunseye

Ogunseye became the first-ever female editor in the Punch newspaper’s history when she was promoted to editor of the Sunday Punch. A multi-winner of the CNN/Multichoice African journalist prize, Ogunseye joined the BBC World Service in January in the role of head of language services for West Africa and manages the Hausa, Igbo, Pidgin & Yoruba channels. Ogunseye is a Mandela Washington Fellow and was the first Nigerian to win the prestigious Knight International Journalism award for her investigative reporting.

Hannah Ojo

A reporter with The Nation Newspaper, Hannah Ojo’s dedication to digging up and reporting compelling stories is matched only by the quality of her output. Ojo’s work, straddling the areas of development, technology and social justice has earned her countless journalism prizes and fellowships. She has won prizes at the Nigeria Media Merits Awards and Zimeo Awards. Ojo has also been a recipient of media fellowships organised by BudgIT, News Corp, Thomson Reuters Foundation and the International Center for Journalists. Ojo reported from the 2018 UN General Assembly as a Reham Al-Farra Memorial Journalism Fellow.

Fisayo Soyombo

While at TheCable newspaper, Soyombo proved his mettle as an eagle-eyed editor and excellent investigative journalist. And he’s got the international awards and renown to show for some of his efforts. When he joined the International Centre for Investigative reporting (ICIR), an independent, non-profit news agency that had funded his impactful Forgotten Soldiers series, it made perfect sense. This year, Soyombo joined Sahara Reporters and has published investigations on the health system and police corruption at state borders.

Access Bank encourages corporate volunteering among employees

 


 


As part of its effort to encourage volunteering among its employees, Nigeria’s leading financial institution, Access Bank, held its Employee Volunteering Awareness Day on Wednesday, 7 November, 2018.

Dedicated to showcasing different CSR groups in the bank and celebrating their successes, over 3,200 employees across Nigeria, with more than twenty-five CSR groups, engaged in different projects covering human capital development, recycling, providing pro-bono law services and environmental conservation.

Speaking with the press at the event, Group Head, Sustainability, Mrs. Omobolanle Victor-Laniyan noted that, “there is not enough awareness on the essence of sustainability in our society today, so what we aim to achieve with the Sustainability Awareness Week is to carry all our employee and stakeholders along on this journey and deepen their commitment to the sustainability agenda of the bank.”

According to the Head of Human Relations, Mrs Bolaji Agbede, “this policy has received a 95% compliance rate among the employees and I believe it is because we have been able to communicate the importance of Sustainability.”

Some of the projects executed by these groups include the construction of a 14-class room block in Akodo, Ibeju-lekki by the ‘Give 2 Save lives’ CSR group, the rehabilitation of Yaba Health Centre, the construction of an emergency centre around the Lekki-Epe expressway and many others.

Access Bank partners CSR-in-Action to train NGO representatives

 


As part activities to mark its sustainability Awareness Week, Access Bank on Tuesday, 6 November, 2018 partnered with social advocacy group, CSR-in–Action to train representatives of Non-Governmental Organisations.

Themed ‘CSO Professionalism and Effectiveness Therapy (C-PET)’, the workshop is focused on educating sustainability driven Nigerians on tools and skills necessary to reach audiences in today’s society.

Reiterating the Bank’s commitment to sustainability and the rationale for inclusion through the workshop, Head of Sustainability of Access Bank, Omobolanle Victor-Laniyan said: “Access Bank is not only looking to promote sustainability within its walls, but it’s also building capacity to educate other institutions and individuals alike on the hacks they need to build sustainable businesses.”

The workshop which was facilitated by Chief Operating Officer, Buzz Digital, Adejuwon Saheed, took place at the Access Bank Head Office in Victoria Island. Adejuwon highlighted the importance of storytelling to NGOs and the need to position themselves as thought-leaders in their various sectors.

Bekeme Masade, Chief Executive Officer of CSR-in-Action added that “the workshop provides an opportunity for participants to be equipped with basic knowledge and important skills and hacks to communicate with the right audiences digitally, access funding, mobilise and reach target communities as well as tell their stories in the best way possible.”

The sustainability awareness week is to commemorate Access Bank’s 10 years of sustainability. The week-long event has in place various activities such as employee volunteering awareness day, lifestyle change videos and movie screening, and community investment workshop.

Tutu, Enwonwu’s masterpiece makes surprise showing at ART X Lagos





ART X Lagos 2018 is finally here this year’s edition, sponsored by Access Bank, features the best of the African and contemporary art scene; including 18 of African and Diaspora’s most exciting galleries; including the Nike Art Gallery – Nigeria, Addis Fine Art – Ethiopia. ART X Lagos 2018 also featured 50 artists from Nigeria, and the diaspora, and also the renowned Tutu painting.

After decades missing, the Tutu, the famous work of renowned Nigerian artist, Ben Enwonwu, was found in a flat in London and auctioned for 1.2m.

Despite having a new owner, Access Bank was able to get the National heritage back home one more time, to be admired. This is the same art piece that was publicly displayed in 1975 at the Italian embassy in Lagos.

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