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AISHA BUHARI, DOLAPO OSINBAJO, SEGUN AWOLOWO & TONY ELUMELU SUPPORT WOMEN ENTREPRENEURS VIA AMBITIOUS SHE TRADES INITIATIVE INTERNATIONAL TRADE CENTRE (ITC) AND TONY ELUMELU FOUNDATION (TEF) SIGN WOMEN EMPOWERMENT INITIATIVE

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Leading African businessman and philanthropist, Tony O. Elumelu CON joined: the First Lady of Nigeria, Mrs. Aisha Buhari, wife of the Vice President of Nigeria, Mrs. Dolapo Osinbajo, Nigerian Export Promotion Council (NEPC) CEO, Segun Awolowo and Executive Director of the International Trade Centre (ITC) Ms. Arancha Gonzalez at The Women in Export Stakeholders Forum and Exhibition in Abuja.

Themed ‘Achieving Zero Oil Growth Through Women Inclusiveness in Global Export Trade’ this year’s event, organised by the NEPC and the ITC, sought to increase the economic empowerment of women through trade via the ITC’s SheTrades Initiative. The goal of this initiative is to connect one million women to the international market by 2020.

Keynote addresses at the Forum were delivered by the First Lady, Mrs. Aisha Buhari and Ms. Arancha Gonzalez. In her opening remarks, Mrs. Buhari boldy called on the public sector to support women saying, “I would like to lead a call to the Federal Government to assign 20% of public procurement to women-owned businesses.”

Mr. Elumelu, Chairman of Heirs Holdings, United Bank for Africa and Transcorp Plc stated that the capacity of women in the private sector to contribute to the development of the country is underestimated, pointing to the significant value created by female beneficiaries of the $100 million Tony Elumelu Foundation Entrepreneurship Programme (TEEP).

“Africa is in need of economic and social development and investing in women is one of the smartest ways to go about it. It is for this reason that the SDGs have focused on women empowerment as a necessary commitment in alleviating poverty,” said Mr. Elumelu as he addressed the audience made up primarily of women from diverse backgrounds.

“When a woman does well, her entire family does well. We need to put women first. I am proud to say that full and equal participation of women is an important internal objective of the Tony Elumelu Entrepreneurship Programme.”

Representing the private sector, Elumelu was joined by Mrs. Buhari and Mrs. Osibanjo, where he signed a Call-To-Action through partnership with The Tony Elumelu Foundation and Africa’s global bank, UBA, to achieve the following:

· Drive up the statistics of female participation in the Tony Elumelu Entrepreneurship Programme from 70:30 (male/female) representation in 2016 to 60:40 in 2017 and 50:50 by the year 2020.

· Commission the production of in-depth research publications and case studies focused on solutions to unique challenges facing women entrepreneurs.

Other dignitaries present at the forum include Senator Aisha Alhassan, Honourable Minister of Women Affairs and Ms Aisha Abubakar, Honourable Minister of State, Federal Ministry of Industry, Trade and Investment.

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Union Bank, WACOT Rice Kick Off Financial Inclusion Drive for Smallholder Farmers in Kebbi

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As part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited – a rice processing company, to financially include 6,000 local farmers including youth and women in Kebbi State.
The Kebbi Financial Inclusion Drive (KFID) which will cover four Local Government Areas – Argungu, Augie, Suru, and Dandi – is a critical part of WACOT’s Argungu Outgrower Expansion Project funded by United States Agency for International Development (USAID) West Africa Trade Hub. This program is set to resolve the overwhelming financial inclusion deficit within rural communities in Kebbi.
The financial inclusion initiative is being implemented with technical support from National Identity Management Commission (NIMC), to help the farmers acquire the relevant documentation and identification required to open bank accounts.
Union Bank will facilitate account opening and expand its agency banking network to cover the areas while supporting its agents on ground with digital banking solutions to enable seamless transacting and account management.
Farouk Gumel, Chairman WACOT and Board Chair, Union Bank was on ground in Kebbi State to kick-off the drive and paid a visit to the Kebbi state Governor, Senator Abubakar Atiku Bagudu to discuss expanding the programme state-wide.
In his recent keynote address at the recently concluded and  Chartered Institute of Bankers of Nigeria (CIBN) Conference, Mr. Gumel said:
 “As we work towards achieving financial inclusion to reach the unbanked, we must commit the same resources and investments to rural-local customers as we have done to urban-global clients to help create the growth that will lift us all to collective prosperity.”
WACOT Rice is a subsidiary of TGI Group. TGI Group, through another of its subsidiary Titan Trust Bank, recently acquired Union Bank in a landmark transaction which was announced in 2021.

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FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO

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In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use of the card to carry-out their electronic banking transactions.

The ongoing 2-month promo will end on 30 October 2022 as 20 customers (10 customers per month) with the highest transaction count during the promo will be made millionaires, winning the sum of N1 million each. Also, N20,000 will be won by 25 customers monthly.

On the other hand, 2620 FirstBank verve cardholders that double their transactions every week, stand a chance to enjoy 10% cashback capped at N2,000 per customer.

Speaking on the promo Chuma Ezirim, Group Executive, e-Business & Retail Products, FirstBank said “we appreciate our partnership with Verve Card through the years; a partnership of empowerment and opportunities which include growing the economy, supporting new businesses and preventing unemployment. FirstBank verve card holders are encouraged to keep using their cards as it is a card offering that promotes safe, convenient and rewarding digital banking experience with 20 customers standing a chance to be millionaires at the end of the promo.”

Verve card is a secure debit card that allows cardholders to conveniently meet their daily financial needs such as payment for goods and services, airtime recharge, bill payments, funds transfer, etc. Verve card is accepted across all ATMs, POS, Web and Mobile Platforms in Nigeria.

The promo is also opened to new verve cardholders as non-verve cardholders are encouraged to visit the nearest FirstBank branch today to pick up a Verve card and start getting rewarded!

Only recently, FirstBank – in partnership with Verve – rewarded over 2601 FirstBank verve cardholders with various prizes; including N20,000 cash prize, N10,000 cash prize, N10,000 worth of airtime; power generating sets, refrigerator, cooking gas, smart TV and the grand prize of a brand-new car to a lucky winner.

 

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Federal Government Orders University Vice-Chancellors To Reopen Schools, Begin Lectures Amid 7 Months Lecturers’ Strike

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The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

The Nigerian government has directed vice-chancellors to re-open universities and allow students to resume lectures immediately.

The government issued the directive through the National Universities Commission (NUC), and a letter signed by its Director, Finance and Accounts, Sam Onazi, on behalf of the Executive Secretary of the commission, Professor Abubakar Rasheed.

 

The letter which The PUNCH obtained on Monday, was reportedly addressed to all vice-chancellors; Pro-Chancellors and chairmen of governing councils of federal universities.

 

“Ensure that ASUU members immediately resume/commence lectures; Restore the daily activities and routines of the various University campuses,” the letter partly reads.

We had reported that the National Industrial Court of Nigeria (NICN), on Wednesday, September 21, 2022, ordered the Academic Staff Union of Universities (ASUU) to call off its ongoing nationwide strike.

 

It reported that the umbrella body of the lecturers in public universities had declared a warning strike on February 14, to force the Nigerian Government to implement agreements it earlier signed with the union.

 

The agreement stipulated how university education would be funded for better improvement.

 

The strike has since rolled over and is now in its seventh month following the government’s failure to implement all the agreements.

 

Several meetings between ASUU and the Federal Government have ended in a deadlock.

 

Consequently, the Federal Government went to court to challenge the strike.

 

The government through its counsel, James Igwe, prayed the court for an interlocutory injunction restraining ASUU from taking further steps as regards the strike, pending the determination of the substantive suit.

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