Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated the need for collaboration between the Bank and Chartered Institute of Bankers of Nigeria (CIBN) on financial inclusion and capacity building with a view to moving the industry forward.
Akinwuntan, who was speaking against the backdrop of Ecobank’s giant strides in the digital banking space during CIBN stakeholder’s engagement with the Bank in Lagos, noted that partnership with the Institute would further boost the financial strategy of the industry regulators.
According to him, Ecobank will continue to leverage its digital banking in a sustainable manner to bring banking services to every household in Nigeria. He added that the bank is at the forefront of providing mobile payment solutions in n the country. “Ecobank through our various innovative digital payments and collections is attracting many unbanked and under-bank in the country to the financial landscape. Further collaboration with such a notable organisation as the CIBN will further boost the financial inclusiveness the regulators are pushing,” he said.
He took the stakeholders through the various digital payment solutions such as RapidTransfer, EcobankPay, QR Technology, EcobankPay zones, Xpress Account and Mobile Payment, among others, stressing that apart from stress-free transactions, the product and services was boosting business and economic activities across the country and the Africa continent. He disclosed that the Bank has concluded plans to commission 50 EcobankPay zones across the country within the next six months to boost transactions in market clusters.
In his comment, the President and Chairman Of Council, Chartered Institute of Bankers of Nigeria (CIBN), Dr. Uche Olowu commended Ecobank’s strategies at attracting the unbanked and under-banked in the country through its various digital offerings. He affirmed that Ecobank’s recent activities across various markets clusters are a major boost to the regulators financial inclusion policy.
Dr Uche Olowu alluded to the various digital payment solutions that bank currently parades. He noted that apart from stress-free transactions process enjoyed with these digital products, they are fast boosting business and economic activities across the markets. In his words, the CIBN President said: “We commend the bank on its promotion of digital banking and payments through its various platforms which have won it many awards. This is certainly the way to go. And, we also appreciate your support to the Institute’s activities and programmes.”
In closing, Dr Olowu said the institute is collaborating with banks, that includes Ecobank to promote capacity building, ethics and professionalism in the sector. According to him “your activities in developing the industry aligns with the Institutes’ new leadership strategic areas which include; skills and competency, ethics and professionalism, research and advocacy. We facilitate registration and enrolment of members of staff for professional banking examinations and other certification programmes. We enable the registration of senior executives of the banks on the Chartered Banker MBA Programme (An international fast tract/flexible route to becoming a chartered banker). There are many things we can do together to move the banking industry forward.”
Come After Me If You Can, Bakare Dares Top FG Official
Serving Overseer of Citadel Global Community Church, formerly called The Latter Rain Assembly Lagos, Pastor Tunde Bakare, has dared an unidentified official of the Federal Government to come after him based on his recent public pronouncements.
Speaking on Sunday during a sermon in his church, Bakare said: “I dare you to come after me since that is the usual style now. You might have done it to others; you are about to learn a lesson if you touch me.”
He added: “If you know what I have done in secret, bring it to the open. I dare you to come after me if you can. I worked with you; I worked for you; I supported you to get there (where you are). When I talk now, I now have a smelly mouth.
“I’m not interested in meeting you any longer; no more visits. Now, it is war, because Nigeria must be set free.”
Rather than work towards justice, he accused the Federal Government of using intimidation and brutality.
Bakare, who was running mate to President Muhammadu Buhari on the platform of the defunct Congress for Progressive Change (CPC) in 2011, recalled how he backed the unnamed top official to his current position.
Addressing the official, Bakare added: “Have you forgotten that you vowed never to contest again. I said ‘not so’. I showed you how you can win the next election and you agreed to run and you won. I was not considering myself but concerned about how Nigeria can become great.
“Winning an election is a different thing; doing the right thing is another. No one must behave as if Nigeria is a personal property. Nigeria must be set free and any obstruction along the way must be removed; it must get out of the way.”
He told Nigerians to be prepared for baton of change, recalling how he pronounced the late Gen Sani Abacha’s days numbered during his fist rule.
“I don’t support any act of violence, taking up arms against the country and killing people. Those are in the realm of criminality and anybody doing that must be brought to book,” Bakare stated to a rousing round of prayers and declarations.
BREAKING: Buhari Departs To London For Medical Check, Summit
The President, Major General Muhammadu Buhari (retd.), will leave Abuja today for London to see his doctors and participate in the Global Education Summit on Financing Global Partnership for Education 2021-2025.
This was contained in a statement by the president’s media adviser, Femi Adesina.
He is expected to be back by the second week of August 2021.
The statement read, “President Muhammadu Buhari will today Monday July 26, 2021, travel to the United Kingdom to participate in the Global Education Summit on Financing Global Partnership for Education (GPE) 2021-2025.
“The Summit, which will be co-hosted by the Prime Minister of the United Kingdom, Boris Johnson, and the President of Kenya, Uhuru Kenyatta, will bring together Heads of State and Government as well as stakeholders and youth leaders, and provide a platform for partners to chart a way forward towards transforming education systems in partner countries, through exchange of best practices.
“It will also offer the opportunity for leaders to make 5-year pledges to support GPE’s work to help transform education systems in up to 90 countries and territories.
“Deliberations at the Summit will focus on: The Power of Education –A Conversation between Global Champions; Transforming Education for Girls; Financing for Impact and Recovery and; What Now? Priorities for Transforming Education in the Coming Five Years, among others.
“President Buhari will also hold a bilateral meeting with Prime Minister Boris Johnson.
After the Summit, the President will spend a few days for an earlier scheduled medical check-up. He is due back by second week of August, 2021.
“The President will be accompanied by Minister of Foreign Affairs, Geoffrey Onyeama, Minister of State Education, Chukwuemeka Nwajiuba, National Security Adviser, Maj. Gen. Babagana Monguno (rtd) and Director General of National Intelligence Agency, Amb. Ahmed Rufai Abubakar.”
SERAP, Others Drag Buhari To Court Over NBC Directive On Newspaper Review
The Socio-Economic Rights and Accountability Project (SERAP) and the Centre for Journalism Innovation and Development have filed a lawsuit against President Muhammadu Buhari and the Minister of Information and Culture, Mr Lai Mohammed, over the order stopping journalists and broadcast stations from reporting details of terrorist attacks and victims.
They are asking the court to declare the order as null and void.
Joined in the suit as Defendant, is the National Broadcasting Commission (NBC).
The suit followed the directive by the NBC, asking journalists, television and radio stations in Nigeria to stop “glamourising and giving too many details on the nefarious activities of terrorists and kidnappers” during their daily newspaper reviews.
In the suit number FHC/ABJ/CS/725/2021 filed last Friday, SERAP and PTCIJ are seeking: “an order of perpetual injunction restraining the government of President Buhari, the NBC, and Mr Lai Muhammed or any other persons from imposing fines or other sanctions on broadcast stations for carrying out their constitutional duties of reporting details of terrorist attacks and victims during daily newspaper reviews.”
They are also seeking “an order to compel and direct the NBC and Mr Lai Muhammed to withdraw the directive asking journalists and broadcast stations to stop reporting details on terrorist attacks and victims, as the directive is unlawful and inconsistent with the Nigerian Constitution of 1999 [as amended], and the country’s international human rights obligations.
“An order setting aside the directive on reporting of terrorist attacks and victims, for being inconsistent and incompatible with sections 22 and 39 of the Nigerian Constitution, Article 9 of the African Charter on Human and Peoples’ Rights and Article 19 of the International Covenant on Civil and Political Rights.”
According to SERAP, “unless the reliefs sought are urgently granted by this Honourable Court, the directive by the NBC and Mr Lai Muhammed would be used to impermissibly restrict Nigerians’ rights to freedom of expression, access to information, media freedom, and victims’ right to justice and effective remedies.”
SERAP and PTCIJ are arguing that the failure by the government to withdraw the directive, violates sections 5[a] and [b], 147 and 148 of the Nigerian Constitution, Code of Conduct for Public Officers [Fifth Schedule Part 1], and Oath of office [Seventh Schedule] of the Constitution.”
The suit filed on behalf of SERAP and PTCIJ by their lawyers Kolawole Oluwadare and Opeyemi Owolabi, read in part: “The NBC and Mr Lai Muhammed lack the power and authority to restrict the ability of journalists and broadcast stations to carry out their constitutional duties and to unlawfully impose penalties such as fines and other sanctions on any journalists and broadcast stations for reporting on details of terrorist attacks and victims in the country.”
“SERAP and PTCIJ together with several millions of Nigerians easily access information, news and form opinions on government policies through the daily newspaper reviews by journalists and broadcast stations in Nigeria.”
SERAP believes that while the NBC has the powers to make rules to enable it perform its statutory functions under section 2 [a] to [u] of NBC Act, such statutory powers ought to be exercised in line with the Nigerian Constitution, and the country’s international human rights obligations.
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