News
Stanbic IBTC to Drive SMEs’ Growth Through Social Media
Stanbic IBTC has stressed its commitment to support the growth of business in Nigeria, especially the small and medium enterprises (SMEs) through social media platform.
Speaking at a briefing in Lagos to commemorate the 2015 Social Media Week, Head, Business Banking, Stanbic IBTC Bank, Lloyd Onaghinon, said a demonstration of the organization’s commitment could be seen in its sponsorship of the Social Media Week for a record third consecutive year.
Onaghinon stated that Stanbic IBTC is steadily evolving as a digital bank and is quite active on the leading social media platforms in Nigeria, including Twitter, Facebook, LinkedIn and Instagram.
He noted that social media will be the fulcrum of future banking in reaching new, existing, and potential customers, noting that Stanbic IBTC is well-positioned to help actualize this mission.
He said the organization was recently nominated for the ‘Best Use of Social Media by a Financial Institution’ in Africa at the Social Media Africa Awards earlier this year.
Ngozi Odita, executive director, Social Media Week Lagos, stated that the social media week is a week-long conference that provides ideas, trends, insights and inspiration to help people leverage the platform to drive their businesses.
“Among others, the event, which runs February 23-28, will be a mixture of keynotes, panels, workshops, and networking events/mixers that explore a wide range of topics, including business, entertainment, education, technology and politics, all aimed at advancing the use of social media.”
As a member of the Standard Bank Group, Nkiru Olumide-Ojo, head of Marketing and Communication, Stanbic IBTC Group, said Stanbic IBTC is positioned to offer end-to-end financial solutions to all segments of the society.
She added that the institution will continue to feel the pulse of its clientele in order to enhance service delivery, including offering top-notch services on the social media platform.
As part of activities to mark the social media week, Stanbic IBTC would be provide a series of master classes at the Stanbic IBTC MasterClass Suite at the social media week Lagos campus.
Masterclasses are the backbone of SMW Lagos, offering an exciting alternative to traditional panels designed to provide a collaborative, active learning environment where attendees are equipped with skills, knowledge, and materials that they can use for professional advancement.
News
Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria
Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.
Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,
This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.
While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.
Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.
It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.
Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.
Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.
News
As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply
While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.
Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.
It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.
“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.
The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.
Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.
News
President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman
President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.
Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.
The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.
“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”
The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.
The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.
“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.
Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”
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