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Access Bank crowned inaugural winners of Bank Wars

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Access Bank, Foremost lenders has claimed the inaugural edition of Bank Wars, a FIFA 21 Gaming competition for leading Nigerian banks.

1st Prize – Olabamiji Emmanuel Ojo of Access Bank won a Samsung 55in Curve TV

The bank also claimed the best goal award for the competition.

Bank Wars is sponsored by foremost Original Equipment Manufacturer, Samsung.

The final, played on Saturday, June 5, 2021 saw Access Bank humble Standard Chartered 10-4. The much-anticipated encounter saw Access Bank live up to its billing as pre-tournament favourites, with the side dominating the match to run out debut winners of the competition.

Earlier in the day, Fidelity Bank won the third place match after edging a close encounter against Sterling Bank 9-8.

The grand finale of the competition witnessed a huge turnout of spectators at the Tech Experience Centre – Africa’s cutting-edge technology and lifestyle hub, located at Yudala Heights, 13 Idowu Martins Street, Victoria Island, Lagos–  which hosted all the matches of the competition. The eager spectators had started converging on the impressive edifice early in the day to catch the third place match which kicked off at 12pm before attention shifted to the final proper by 1:30pm.

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Also, the matches were streamed live on YouTube to a global audience.

For emerging winners of the competition, Access Bank’s representative, Olabamiji Emmanuel Ojo received the grand prize of a Samsung 55-inch Curve TV, courtesy of the event’s sponsors. On the other hand, the runner-up, Israel Bajeh, representing Standard Chartered Bank, received a Samsung refrigerator while Nathan Goodluck of Fidelity Bank got a Samsung Washing machine for finishing third.

Equally important, Access Bank’s Ojo claimed a Samsung 49-inch TV for winning the best goal award. The prize was presented to him on Wednesday, June 23 by Chika Nnadozie, a representative of Samsung, at the Tech Experience Centre.

The best goal award was determined by fans’ votes. A total of 1841 votes were received, out of which Access Bank got 937 which turned out the highest. In second place was Standard Chartered Bank which received 877 votes. Two goals from First City Monument Bank (FCMB) were also nominated and they received four and three votes respectively.

The prize winners all expressed gratitude to the competition sponsors, Samsung as well as the Tech Experience Centre and TD Africa, even as they disclosed their determination to participate in subsequent editions.

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To get to the final, Standard Chartered white-washed Sterling Bank 15 – 9 in the first semi-final encounter played on Saturday, May 29, 2021. On its part, eventual winners, Access Bank claimed an impressive 13 – 8 victory over Fidelity Bank in the second semi-final tie.

A total of eight banks participated in the debut edition of the FIFA 21 gaming competition.

In addition to the four semi-finalists – Access Bank, Standard Chartered, Fidelity Bank and Sterling Bank, other participants include FCMB, Zenith Bank, Union Bank and Guaranty Trust Bank (GTB).

 

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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Atte, Nigerian Develops AI Algorithm for Hair Transplants

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Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji

Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.

Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.

His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.

Sunday Dare, special adviser on Media and Public Communication to President Tinubu,  celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.

“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”

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Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”

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FG to Abolish Subsidies in Power Sector in 2027 – Minister

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Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power

The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.

He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.

According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.


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AfCFTA Urges Africa to Stop Exporting Raw Materials

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Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.

According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.

“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.

Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.

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“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.

She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.

Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.

“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.

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