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Fidelity Bank Reaffirms Support for Digital Innovation in Africa

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Leading financial institution -Fidelity Bank PLC -has restated its devotion to support the development of the African technology sector to actualize its potentials.

L – R: Chief Innovation Officer, Africa Technology Expo, Nnaemeka Clinton; Commissioner for Innovation, Science, and Technology in Lagos State, Olatubosun Alake; Executive Director and Chief Risk Officer, Fidelity Bank Plc, Mr. Kevin Ugwuoke; and Vice President, Ventures and Ecosystem, Africa Technology Expo, Cynthia Chisom; at the 2024 Africa Technology Expo (ATE 2024) which took place over the weekend in Lagos.

This was revealed at the Africa Technology Expo (ATE 2024) which took place over the weekend.

Held at the Landmark Event Center, Victoria Lagos, the well-attended event provided an avenue for African businesses to display their creativity and gain opportunities in the competitive tech industry.

In her keynote speech at the event, Dr Nneka Onyeali-Ikpe,OON, Managing Director/Chief Executive Officer, Fidelity Bank Plc, stated that Fidelity Bank is rapidly implementing a digital-based retail-banking strategy by creating an SME business hub to facilitate networking and collaboration among startups, content creators and other digital entrepreneurs.

“At Fidelity Bank, we are convinced that Africa can be the hub of emerging technology and we encourage stakeholders to close ranks to tackle the two main constraints to start-ups tech growth, namely: lack of investment -an internal issue, and inadequate support -an external issue.

“This informs our decision to partner with SPARK Africa and other stakeholders to host the African Technology Expo -a platform for start-ups and participants to meet with investors, growth partners and network amongst leaders in the industry. We are convinced that the 2024 edition can kickstart Africa’s Digital transformation and spur growth across communities and economies. Fidelity Bank seeks to water the seeds for this Digital transformation and we are delighted to host tech start-ups aligned with this purpose”, explained Dr Onyeali-Ikpe, who was represented by the bank’s Executive Director and Chief Risk Officer, Mr. Kevin Ugwuoke.

Speaking earlier at the event, the Lagos State Governor, Babajide Sanwo-Olu, who was represented by the Commissioner for Innovation, Science, and Technology in Lagos State, Olatubosun Alake, highlighted the State’s intervention in the technology and innovation industries while acknowledging the role of tech startups in driving economic growth and social development.

On his part, the Chief Innovation Officer of the Africa Technology Expo, Nnaemeka Clinton, pointed to the commendable growth and innovation within the African tech industry in his welcome address, noting that, “From the wider tech landscape of the African continent to the busy hubs of Accra and Lagos, we have witnessed relentless innovation that is shaping our future.”

He acknowledged the challenges faced by startups, including competition and the need for more support, but stressed the resilience and potential of African tech entrepreneurs.

Ranked as one of the best banks in Nigeria, Fidelity Bank is a full-fledged commercial bank with over 8.3 million customers serviced across its 251 business offices in Nigeria and the United Kingdom as well as on digital banking channels.

The bank has won multiple local and international awards including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, the Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards; Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023; and Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

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Polaris Bank Partners NCF to Extend Tree Planting Initiative to Abuja, Anambra

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Polaris Bank Partners NCF to Extend Tree Planting Initiative to Abuja, Anambra

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Polaris Bank, in a robust display of its commitment to environmental sustainability, has expanded its nationwide tree-planting initiative in collaboration with the Nigerian Conservation Foundation (NCF).

The latest exercise took place at Government Secondary School, Gwagwalada, in the Federal Capital Territory (FCT) on October 14, 2024, following a similar event at Chukwuemeka Odumegwu Ojukwu University in Anambra State just days earlier and Professor K.K Nwozor commended the Bank for its conservation efforts.

The initiative is part of a broader strategy by Polaris Bank to align its operations with the United Nations Decade on Ecosystem Restoration (2021–2030), which stresses the urgent need for land restoration and resilience against desertification and drought. The theme resonates with the 2024 World Environment Day, underscoring the bank’s proactive stance in promoting sustainable practices aimed at restoring degraded lands and enhancing biodiversity across Nigeria.

Osazuwa Igbinoba, Directorate Head for Abuja, articulated the bank’s ethos, stating, “Sustainability is embedded in our business strategy and actions at Polaris Bank.” He noted that the tree-planting efforts not only aim to restore natural ecosystems but also focus on planting economic trees to ensure a sustainable environment for future generations.

Chiwetalu Nwatu, Directorate Head for the South East, echoed this sentiment by emphasizing that sustainability is at the heart of the Bank’s operations, encompassing more than just financial services. He noted that Polaris Bank’s approach integrates responsible banking with societal empowerment and environmental responsibility, all grounded in Environmental, Social, and Governance (ESG) principles.

The significance of tree planting as a countermeasure against climate change cannot be overstated. Thus, the initiative addresses critical issues such as soil erosion, air quality improvement, and climate regulation through carbon dioxide absorption. The bank’s efforts are not isolated; they form part of a nationwide campaign that has seen similar initiatives executed at various educational institutions and community reserves across Nigeria.

The Bank’s nationwide Tree planting exercises were held recently at Tai Solarin University, Ijebu Ode in Ogun State on July 1st; Ajingi Community Reserve, Kunkurawa in Kano State on August 30th; and University of Ibadan, Oyo State on October 3rd.These events illustrate Polaris Bank’s commitment to sustainable development and environmental restoration.

This project not only enhances local ecosystems but also serves as a public call to action on the importance of environmental preservation. Through collaborative efforts like these, Polaris Bank seeks to inspire individuals, communities and organizations to engage in environmental restoration and contribute to a sustainable future for all.

Polaris Bank, in collaboration with the NCF, remains steadfast in its commitment to environmental stewardship, community well-being and corporate responsibility, as demonstrated through these impactful tree-planting activities. Through this project, the Bank aims to inspire individuals, communities and organizations to foster a culture of sustainability throughout Nigeria.

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Origin Tech Group and NALDA Partners on Greener Hope…

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…Set to sign MOU towards transforming Nigeria’s Agricultural Productivity.

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

In a bold step towards consolidating its quest for revolutionizing large-scale mechanized agriculture in Nigeria, the Greener Hope Large Scale Mechanisation Programme’s team paid a courtesy visit to the Executive Secretary of the National Agricultural Land Development Authority (NALDA), Mr. Cornelius Oluwasegun Adebayo.

L-R, Engr Olusegun Owolabi SA Technical, NALDA; Prince S J Samuel (Chairman, Origin Tech Group); Mr Cornelius Oluwasegun Adebayo (Executive Secretary] and Dr Musa Olasupo (Director of Programmes, Greener Hope Agriculture Productivity Programme – GHAPP, during the courtesy call on the Executive Secretary of National Agricultural Land Development Authority (NALDA), recently in Abuja.

The focus of the meeting was to establish a strong partnership between Origin Tech Group and NALDA, aimed at ensuring the smooth implementation of Greener Hope, a transformative agricultural initiative aimed at addressing the food insecurity concerns in the Country.

This collaboration brings together the expertise of both organizations in key areas such as land clearing, mechanization, and the establishment of large-scale model farms across Nigeria. The goal is to unlock new opportunities in sustainable farming, boost productivity, and ultimately transform Nigeria’s agricultural landscape through Greener Hope, which is set to substantially revolutionalize Nigeria’s agriculture by providing sustainable access to modern farm machinery and implements, eliminate drudgery, manage post-harvest loses and significantly boost crop yields across the country.

Origin Tech Group, an agricultural value-chain conglomerate is extremely pleased to be working with the Federal Government to birth this innovative program with critical structures and promises to place Nigeria on a higher pedestal to impact every aspect of farming both in the commercial segment and small-holder enterprises; raising and promoting the new agricultural ecosystem in her quest for food security, wealth creation, job opportunities and help spur economic growth.

Speaking about the partnership with NALDA, the Executive Chairman of Origin Tech Group, Prince S. J. Samuel, expressed his optimism: “Our partnership with NALDA is a critical step toward realizing the full potential of Nigeria’s agriculture. By integrating mechanization and land development, we are positioning the country for food security and long-term economic growth.”

During the meeting, Dr. Musa Olasupo, Director of Programs for Greener Hope’s large-scale mechanization program, and Engr. Olusegun Owolabi, Special Adviser on Technical Affairs to NALDA, joined the discussion to outline practical steps for launching model farms across the country, ensuring Nigeria’s agriculture attains self-sufficiency.

Similarly, Mr. Cornelius Oluwasegun Adebayo, NALDA’s Executive Secretary, emphasized the importance of public-private partnerships in achieving agricultural transformation on a large scale: “At NALDA, we are excited to collaborate with Origin Tech Group on this groundbreaking initiative. Together, we’ll empower farmers, create job opportunities, boost food production, and improve rural prosperity by mitigating rural-urban migration, especially amongst the youth population across Nigeria.”

Dr. Musa Olasupo also highlighted the urgency of this novel initiative, saying: “Nigeria’s food security is at a critical juncture, with challenges like insecurity, climate change, and smuggling that combine to threaten our food supply. Bridging those gaps, Greener Hope will provide the infrastructure farmers need to transition to large-scale farming, increase their yields and secure a sustainable food productivity future.”

The Greener Hope Large-Scale Mechanization Programme, a collaborative effort with the Federal Ministries of Agriculture and Food Security is designed to overhaul Nigeria’s agricultural sector through the provision of modern farming machinery and equipment, capacity building on equipment use and servicing for youths and the establishment of medium to large scale model farms that will serve as hubs for agricultural best practices.

As the team continues to partner with key agencies like NALDA, both organizations are committed to driving agricultural transformation, enhancing food security, and contributing to Nigeria’s economic growth.

For more information, visit www.greenerhopeng.com.

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Fearless Energy Drink Wins ‘Outstanding Energy Drink of the Year 2024’ Award

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

…Blazes the Trail in its Market Segment

Fearless Energy Drink, Nigeria’s leading energy drink brand from the stable of Rite Foods Limited, has clinched the coveted “Outstanding Energy Drink of the Year 2024” Award at the recent Marketing Edge Awards held at Sheraton Balmoral, Lagos.

Mr. Olaniyi Aderuku, Brand Manager, Fearless Energy Drink (Middle), flanked by Mrs. Ruth Mark, Assistant Brand Manager, Rite Sausages (Left), and Mr. Innocent Adulugba, Corporate Communications Manager (Right), all of Rite Foods Limited, during the Marketing Edge Awards, where Fearless Energy Drink Brand of Rite Foods Limited won the “Outstanding Energy Drink of the Year 2024” Award on Saturday, 28th September 2024, at Sheraton Balmoral, in Ikeja, Lagos.

Fearless Energy Drink with the Fearless Classic and Fearless Red Berry variants emerged as the winner in its category, after a thorough rating and evaluation of the highly saturated energy drink market, where the brand made entrant in 2017 with the first-ever packaged polyethylene terephthalate (PET) bottle packaging that has been the standard for competitors.

The recognition stems from the brand’s unique flavour, originality, and numerous contributions to the industry in talent promotion, human development, and sustainability initiatives that have significantly impacted human and national development.

Extolling the brand for the win, Mr. John Ajayi, the organiser, and publisher of Marketing Edge Magazine affirmed that the Fearless Energy Drink brand has truly demonstrated its market leadership in all ramifications, surpassing its competitors through sponsorship of effective strategic initiatives. He stated that the feat was also due to the brand’s distinctiveness, innovation, and the positive energy it offers.

While receiving the award, Olaniyi Aderuku, the Brand Manager of Fearless Energy Drink, expressed gratitude to Marketing Edge for the acknowledgment of the brand as the number one in its category, a position that has earned it numerous accolades and has also defined the market standard.

He said, “Fearless Energy Drink will continually strive for taste superiority, excellence, and innovation in providing exceptional experience to its consumers, adding that the laurel attests to its strong commitment to consumer connection and satisfaction.”

According to him, “Our Fearless Energy Drink with its tagline ‘Embrace The Thrill’ offers its consumers the unquenchable desire to make a difference in their endeavours, with the positive energy it provides, through credible platforms that resonate with its values of courage, leadership, and the willpower to succeed”

The Fearless Energy Drink brand has garnered so many awards that validate its profile, including Media Consortium Awards 2024: “Energy Drink Brand of the Year”; Brand Exchange Awards 2024: “Best Value for Money”; the “Most Outstanding Energy Drink in Consumer Engagement” in 2023; Best Value for Money – Energy Drinks Brand 2023; and the “Most Outstanding Energy Drink Brand of the Year” in 2021, among other laurels.

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