General News
Empowering Women in Critical Sectors to Challenge the Status quo

By Lamin Manjang
Although women’s rights have seen a significant positive change in the last decade, it remains a critical topic of conversation across various sectors in different parts of the world.

According to the United Nations (UN) Secretary-General António Guterres, “Progress towards equal power and equal rights for women remains elusive. No country has achieved gender equality, and the COVID-19 crisis threatens to erode the limited gains that have been made.”
Women’s global economic development role provides significant progress and impact, charting new opportunities for women to continue to change the status quo. Even though we continue to record very many successes by women, there is still a lot more that can be achieved, especially in representing more women in the workforce.
According to the United Nations (2020), only 50% of working-age women are in the labour market for more than twenty years. This means that more women need access to resources and opportunities to break stereotypes resting in labour market positions.
As a Bank, one of the ways we commit to addressing this is how we strategically continue to support some of the UN Sustainable development goals that empower women, especially in this new-normal era.
I echo the words of the UN Secretary-General, António Guterres “The Decade of Action to deliver the Sustainable Development Goals and efforts to recover better from the pandemic offer a chance to transform the lives of women and girls, today and tomorrow”.
We see this as an invitation to work collaboratively with the United Nation as corporate organisations and individuals to achieve growth and sustainable progress for women.
In line with this year’s International Women’s Day theme, #ChooseToChallenge, our forward-thinking approach to initiatives and programs continues to deliver sustainable value for women, especially in a country like Nigeria, where women account for 49.34% of the total population.
We see that the fewer income-generating opportunities for the larger population may leave women in an even more financially vulnerable position, hence our motivation to set up various initiatives such as the Women in Technology Incubator program, which launched in Nigeria 2019, following successful launches in New York, Kenya and the UAE
This program aims to support female entrepreneurship with the call for increased gender representation and diversity in tech and for more opportunities for women to develop entrepreneurial and leadership expertise.
Also referred to as Women in Tech, the incubator supports early-to-mid stage professionals in technology and business sectors to have the requisite domain knowledge, experience, and perseverance to deliver results. Other markets equally running the program include Pakistan, Bahrain, Zambia, and Ghana
Our goal is to enhance women’s role through business incubation and generate business outputs that improve existing business and women entrepreneurs’ capacity.
Additionally, this program promotes and creates awareness about women business incubation globally and strengthens cooperation and network building between the various incubators.
This ripple effect will cause an increase in the investment that different incubators receive, therefore integrating and developing more women who are part of this program.
It has also created awareness about incubation challenges specific to Nigerian women and outlined various activities required to improve women-led enterprises’ technological infrastructure and structural support for Women Incubation.
To date in Nigeria, we have invested over $250,000 in this program and are committed to doing more to sustain the program for posterity
We understand that investing in Nigerian youth through education and creating productive and remunerative employment is the only way to support this growing demographic.
Additionally, SCB sees the need to do its part in empowering the estimated 600 million adolescent girls in the developing world. Hence, the introduction of our Global Goal programme to Nigeria in 2011.
Goal tackles female empowerment by imparting adolescent girls in rural communities with life skills through sports training in partnership with leading global non-profit organisations. We have strategically designed this programme for girls between 12 and 18 who live in under-served communities by enrolling them in sessions typically offered weekly for ten months.
The girls are being taught critical facts about health, communication, rights, and managing their finances. All this is done to understand how to share the knowledge with their friends, family, and communities.
To ensure that more girls are taught these essential skills, girls who complete the Goal programme and display exceptional leadership qualities are invited to become Goal Champions, making them eligible to receive training to deliver the Goal curriculum to their peers. Since its inception in 2006, the Goal programme has reached more than 525,000 girls and young women worldwide.
Without gender equality, efforts to empower women will only go so far. For example, our global Futuremakers initiative is set-to up tackle this and promote financial inclusion across our markets. We aim to raise US$50 million between 2019 and 2023, needed to empower the next generation to learn, earn and grow. This augments our desire to continuously #ChooseToChallenge as a Bank.
Our method is simple; to contribute to Sustainable Economic Growth by investing in strategic leadership training programmes under the youth’s employability project. Globally, we recently partnered with Young Business International (YBI) to support young entrepreneurs hit by the economic impact of Covid-19. The project is part of our Futuremakers by Standard Chartered global initiative to tackle inequality.
Bringing it home to Nigeria, our implementation partner, FATE Foundation, will provide holistic support through various initiatives, including Digital Transformation Workshop, Resilience-building Series, and Remote Consulting & Advisor services to be delivered virtually by our employees to 2,000 entrepreneurs across Nigeria. We will specifically target entrepreneurs between the ages of 18-35, who the crisis has hardest hit.
Between 2019 and 2020, we had also invested over USD50,000 in work-ready employability project training and equipping nearly 200 Nigerian youths with skills and resources to aid their career development journeys. Empowering the future is a gift that keeps on giving, and for us, we intend to continue to do this for a very long time.
For every woman or girl-child not empowered economically, our work is not done. We will continue to grow our current programmes and initiatives, partner with similar organisations, and start new ones in areas we have not yet covered. We strive for equal representation as we #ChooseToChallenge this year and always.
Lamin Manjang is the Chief Executive Officer of Standard Chartered Bank Nigeria Limited
General News
NITDA DG Calls for Innovation-Led Economic Rebirth @ Kano Startup Weekend

Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has called for a fundamental shift in Kano State’s economic strategy, urging stakeholders to embrace innovation, technology and collaboration as the drivers of growth in the 21st century.

Speaking at the Kano Startup Weekend, Inuwa acknowledge Kano’s long-standing reputation as the commercial nerve centre of Northern Nigeria and the wider Sahelian region, noting that its history of trade, enterprise and human capital provides a solid foundation for future growth.
He emphasised that while these strengths powered Kano’s success for centuries, the modern economy now offers even greater opportunities through innovation and technology.
He described innovation as the process of transforming ideas into impactful solutions through commercialization, stressing that when ideas are effectively deployed, they create value, solve societal challenges and generate sustainable economic growth. He noted that Kano’s large market, strategic location and vibrant entrepreneurial culture place it in a strong position to take advantage of innovation-driven opportunities.
According to him, “Innovation is the process of taking an idea from inception to impact. Invention on its own is a cost centre, but when you commercialise an idea, when you turn it into a product or service that solves a real problem and creates value, that is when you begin to drive economic growth and inclusion.”
He noted that the state hosts numerous degree-awarding institutions across federal, state and private ownership, providing a strong base for human capital development. However, he expressed concern that these institutions often operate in isolation from industry, with research outputs rarely translating into commercial or industrial applications.
He explained that innovation does not happen in silos and stressed the need for a strong, interconnected ecosystem that brings together academia, industry, startups, entrepreneurs and government.
According to him, universities should conduct research informed by industry needs, industries should leverage research to improve productivity and competitiveness, and startups should serve as the bridge that converts ideas into market-ready solutions.
He further encouraged entrepreneurs to leverage technology to build businesses that can grow beyond local markets, explaining that innovation-driven enterprises have the power to scale rapidly, create jobs and position Kano competitively at both national and global levels. According to him, digital platforms and emerging technologies now make it easier for startups to reach wider markets and develop solutions that were previously unimaginable.
“You can start your business here in Kano, but your thinking must be global from day one. Technology has removed barriers. With the right skills and platforms, a startup in Kano can build solutions that serve not just Nigeria, but the world,” he noted.
Highlighting NITDA’s ongoing interventions, the Director General outlined the Agency’s commitment to building national innovation capacity through targeted human capital development programmes. He cited the Digital Literacy for All (DL4ALL) initiative, which aims to equip Nigerians across all segments of society with essential digital skills, and the 3 Million Technical Talents (3MTT) programme, designed to produce a pipeline of globally competitive technical professionals in areas such as software development, data analysis and emerging technologies.
He said, “Through DL4ALL, we are ensuring that Nigerians at all levels have the basic digital skills needed to participate in the digital economy, while 3MTT is deliberately building a pipeline of globally competitive technical talents who can drive innovation, create jobs and attract investment.”
He explained that these programmes are key pillars of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises skills development, innovation, job creation and inclusive economic growth as pathways to national prosperity. According to him, empowering Nigerians with digital and technical skills is essential for building a resilient economy capable of competing in the global digital landscape.
“President Tinubu’s Renewed Hope Agenda is about investing in people, empowering them with relevant skills and creating opportunities for inclusive growth. At NITDA, we are using digital skills and innovation as tools to translate that vision into real economic impact for Nigerians,” he said.
Inuwa urged all stakeholders in Kano to work together to build a functional innovation ecosystem that can unlock the state’s vast potential. He expressed confidence that with the right mindset, strong collaboration and sustained investment in digital skills and innovation, Kano can reclaim its historic leadership role and emerge as a major innovation and entrepreneurship hub in Nigeria and beyond.
General News
Sterling Bank Renewable Energy Colloquium Urges Stakeholders to Unlock Nigeria’s Clean Energy Potential

Sterling Bank Limited on Monday convened stakeholders in the renewable energy industry to explore strategies for accelerating Nigeria’s transition to clean energy and boosting economic growth.

L-R: Mr. Ayo Ademilua, President, Renewable Energy Association of Nigeria; Dr. Jekwu Ozoemene, Group Executive, The Alternative Bank; Mr. Biodun Ogunleye, The Honourable Commissioner, Lagos State Ministry of Energy and Mineral Resources; Mr. Dele Faseemo, Group Executive, Coprporate and Investment Banking, Sterling Bank; Engr. Bem Samuel Anyangeuor, Representative, Honorable Minister of Power and Mr. Oluwaseyi Okunnuga, Group Head, Renewable Energy & Sustainability Finance, Sterling Bank at the just concluded Renewable Energy Colloquium held in Lagos recently.
The colloquium, themed “Beyond the Grid: Unlocking New Frontiers in Renewable Energy”, was held in Lagos and brought together policymakers, financiers, and industry leaders to deliberate on priority areas for action.
In his opening address, Managing Director and Chief Executive Officer of Sterling Bank, Mr. Abubakar Suleiman, represented by Mr. Dele Faseemo, Group Executive, Corporate and Investment Banking, said the bank would focus on regulation and financing to expand access to energy.
He noted that energy access remained critical to supporting economic growth and achieving Nigeria’s ambition of building a one trillion-dollar economy.
Delivering a keynote address titled “Scaling Electrification in Nigeria: The REA Impact”, Managing Director of the Rural Electrification Agency (REA), Dr. Abba Aliyu, represented by Mr. Abba Hayatudden, said Nigeria required about 26 billion dollars to bridge its energy deficit.
Aliyu explained that the energy transition strategy integrates grid, mini-grid and off-grid technologies to achieve universal, reliable and sustainable energy access while aligning with national development and climate goals.
Minister of Power, Mr. Adebayo Adelabu, represented by Engineer Samuel Ayangeaor, commended Sterling Bank for convening the dialogue.
He said renewable energy and rural electrification were central to the Federal Government’s Renewed Hope Agenda.
“The Ministry of Power has continued to expand electricity access to underserved communities to drive economic growth, foster industrial activity and create jobs across the nation,” Adelabu said.
Lagos State Commissioner for Energy and Mineral Resources, Mr. Biodun Ogunleye, highlighted the state’s efforts in renewable energy, including the ongoing two-gigawatt grid-scale solar project.
He described it as the most ambitious energy transformation ever undertaken by the state.
Chief Executive Officer of Sterling One Foundation, Mrs. Olapeju Ibekwe, urged participants to move beyond communiqués and act with intention to deliver meaningful impact.
The colloquium featured panel sessions on financing and scaling green energy solutions in Africa, among other discussions.
General News
Cellulant Taps Freddie Oduro to Lead Enterprise Payments Expansion in Ghana

Cellulant, a leading Pan-African payments company enabling seamless digital transactions across Africa, has appointed Mr. Freddie Oduro as its new Country Manager for Ghana.

Mr. Freddie Oduro, New Country Manager for Ghana.
Freddie’s appointment is a key step in Cellulant’s broader strategy to deepen its presence in priority markets by accelerating the acquisition of in-country enterprise businesses and strengthening its position as the payments partner of choice in Africa.
Freddie brings over a decade of commercial and strategic leadership experience in the telecommunications and financial services sectors, with expertise in sales, business operations, and market expansion.
In his new role, he will drive merchant acquisition, strengthening partnerships, oversee collections and payout operations, while ensuring strong internal controls and regulatory compliance.
He joins Cellulant from Payaza and previously served as Sales Director at Cellulant, where he helped significantly expand the company’s footprint in Ghana.
Cellulant has been powering payments in Ghana for leading brands in sectors like e-commerce, utilities, oil and gas and retail, helping them offer their customers a wide range of secure digital payment options.
“We are happy to welcome Freddie back to the Cellulant family,” says Richard Gesimba, Chief Revenue Officer at Cellulant. “Ghana remains a critical market for us, with immense potential driven by rising digital payments adoption.
“As we sharpen our focus on in-country enterprise customers, Freddie’s leadership and industry insight make him the ideal person to steer our Ghana operations.”
The appointment comes at a transformative time for the company. Following a strategic shift between late 2023 and early 2024, focused on streamlining operations, doubling down on enterprise payments, and strengthening customer intimacy, Cellulant achieved profitability in 2024 and continues to build on this momentum.
The company now processes close to 4.5 million transactions daily for businesses across Africa, reinforcing its position as a fintech leader.
“I am honoured to return to Cellulant and lead the Ghana team at such a defining moment,” says Freddie, Country Manager for Cellulant Ghana. “Ghana presents a tremendous opportunity.
“We will ramp up our efforts to sign on more local merchants, strengthen our compliance and control frameworks, and introduce innovative solutions like Tingg Edupay, our automated school fee management solution that eliminates reconciliation delays by validating payments in real time and instantly updating student accounts.
“We will build on Cellulant’s strong foundation to deliver real value, reliability, and economic impact.”
Ghana’s digital payments sector continues to grow steadily, supported by increased mobile money usage and a progressive regulatory environment. Between January and October 2025, the value of mobile money transactions hit about GH¢ 3.6 trillion, up sharply from GH¢ 2.37 trillion in the same period of 2024.
Registered mobile money accounts now exceed 79 million, demonstrating strong consumer and business confidence in digital financial services and in turn creating many opportunities for payment innovation.
This leadership appointment underscores Cellulant’s commitment to building a resilient, high-performance organisation geared towards playing a pivotal role in the next era of Africa’s digital economy.
Looking ahead to 2026, Cellulant plans to further enhance the user experience on its payment platform, Tingg, and expand its footprint across Ghana.
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