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Mainstreet Bank Rejigs Products for Improved Value

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Mainstreet Bank Limited has embarked on a comprehensive overhaul of all the products on its service line to make them more responsive to the changing needs of its customers.
Most of the bank’s products were inherited from the legacy bank (Afribank) which existed for 50 years before it gave way to the all-new Mainstreet Bank in August last year. Quite a number of the products had been in existence for a long period of time without undergoing the necessary process of re-invigoration and refocusing.
The renewal process designed for these products covers key product personality issues like name change, re-definition of target market, enhancement of product appeal and organized marketing efforts to push for increased acceptance and share of the market.
All these form a major aspect of the bank’s marketing plan that is expected to ensure Mainstreet’s entry into the top league of the nation’s banking sector where its progenitor was once dominant.
“At Mainstreet Bank, we believe that the best of conditions can still do with an improvement. So, even though the products we inherited from the legacy bank were all carefully thought out, it has become clear to us that most of them need a fresh spark to endear them more to the target market”, explained Faith Tuedor-Matthews, the Group Managing Director/CEO of Mainstreet Bank Limited.
According to the turn-around expert who packs over 26 years of experience in banking, Mainstreet has a product line that speaks to the needs of the various market segments but these products have to be given more flexibility and value to continue their market dominance.
Since they assumed duty at the Broad Street Lagos Head Office of the bank, Faith Tuedor-Matthews and her management team have dug deep into their over 100 years collective experience in banking to chart a purposeful and profitable direction for Mainstreet Bank.
The on-going overhaul of the product line is one of so many game-changing initiatives that the bank’s management has put in place to ensure that Mainstreet Bank returns to winning ways in the shortest possible time.


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Krishnan Exits Africa Data Centre to Embark of Professional Chapter

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Dr. Krishnan Ranganath, the hitherto Regional Executive – West Africa at Africa Data Centres (ADC), Africa’s largest network of interconnected, carrier- and cloud-neutral data centre facilities, has moved on from the company after half a decade of record growth.

This was confirmed in a LinkedIn post, where he noted that after more than five years of transformative leadership, he is signing off to embark on a new professional chapter.

Reflecting on his tenure, Dr. Ranganath noted that the journey was defined by resilience and a commitment to building infrastructure designed for the future.

“What started as a mission to navigate the complexities of a new market has evolved into a chapter of immense growth. We didn’t just build data centres; we built the foundation for West Africa’s digital future. I am immensely proud of the culture of operational excellence we’ve fostered and the milestones we have achieved together,” Dr. Ranganath said in a message to our inquiry.

Dr. Ranganath joined ADC during a pivotal era, tasked with establishing the brand as a formidable challenger in the competitive West African market. Under his guidance, the region evolved from a bold experiment into a definitive powerhouse of digital infrastructure, moving from the installation of its first rack to becoming a trusted, well-established partner in the colocation and cloud services space.

During his five-year leadership, Dr. Ranganath managed several key strategic pillars. He led market entry and expansion by navigating complex regulatory and environmental landscapes to turn regional challenges into competitive advantages. He also drove infrastructure excellence by scaling operations from foundational setups into a high-capacity, well-established powerhouse. Finally, he provided cultural leadership by building a high-performance team from the ground up that balanced strategic breakthrough with a collaborative, human-centric work environment.

In the emotionally-laced message, Dr. Ranganath extended his gratitude to the ADC team, describing them as the heartbeat of the company’s success in West Africa. “To my team and colleagues: thank you for the late nights and the strategic breakthroughs that fueled our progress. I leave with great memories and a sharp focus on what’s next.”

While Dr. Ranganath has not yet revealed his next destination, he encouraged his professional network and industry stakeholders to stay tuned for the announcement of his upcoming ventures.


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Galaxy Backbone Announces Expansion of GOVMAIL to Over 150,000 Accounts

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Galaxy Backbone Limited (GBB), Nigeria’s leading ICT infrastructure provider to the federal government, has announced the growth of the official GOVMAIL platform to over 150,000 active accounts used by workers across Ministries, Departments, and Agencies (MDAs).

In a statement by Chidi Okpala, Head of Corporate Communications, GBB described GOVMAIL as a secure, centralized email system launched by the Office of the Head of the Civil Service of the Federation to modernize public service workflows and cut reliance on paper and external emails.

Okpala said the platform supports professional, auditable communication across government arms, aligning with the digital transformation agenda.

Head of the Civil Service, Mrs. Didi Esther Walson-Jack, highlighted GOVMAIL’s role in late 2025, noting over 100,000 accounts created under a paperless policy to shift from traditional correspondence to secure digital channels.

GBB emphasized that GOVMAIL operates on sovereign local infrastructure with enterprise-grade cybersecurity, centralized identity management, and compliance with national data protection standards for enhanced accountability and efficiency.

The platform complements GBB’s infrastructure, including Tier III and IV Data Centres, National Fibre Backbone, Security Operations Centre (SOC), and Network Operations Centre (NOC), all supporting the government’s digital economy strategy.

To boost adoption, GBB is partnering with MDAs to onboard remaining staff quickly, ensuring all public servants have access to these tools for efficient inter-agency communication.

“Galaxy Backbone remains committed to sustaining this progress and providing support to advance Nigeria’s digital public service ecosystem,” the statement added.


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Leo Stan Ekeh at 70; thanks Tinubu, Obasanjo, Nigerians, Global Tech Community

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Leo Stan Ekeh, Chairman of Zinox Group and Africa’s foremost digital disruptor, has expressed gratitude to President Bola Ahmed Tinubu, and former President and African statesman, Chief Olusegun Obasanjo, for their goodwill messages and prayers on his birthday.

Leo Stan Ekeh at 70; thanks Tinubu, Obasanjo, Nigerians, Global Tech Community

Ekeh, who turned 70 on Sunday, February 22, also extended gratitude to governors; former governors, including Babatunde Raji Fashola, former governor of Lagos state; National Assembly members; captains of industries, members of the global tech community, some of whom sent delegations to his house aside virtual goodwill messages sent from across the globe; royal fathers and the media.

In a post-birthday prayer and thanksgiving meeting with some members of the ICT media in his Ikoyi residence at the weekend, Ekeh said he was overwhelmed by the deluge of good wishes from Nigerians of all tribes and tongues.

Ekeh reflected on his relationship with President Tinubu over the past decades, describing Tinubu as a trustworthy and loyal friend who does not hesitate to make sacrifices for the good of the people he leads.

“President Tinubu has been my supporter long before I launched Zinox. He has always shown brotherly love,” he recalled.

He mentioned Mr. Sam Amuka, publisher of Vanguard newspapers; Lt. General T.Y Danjuma (retd), Founder, South Atlantic Petroleum; and Pa Obafemi Awolowo’s family as some of the many Nigerians with established companies who “experienced me and trusted me in the early days of my business life, and I didn’t disappoint”.

Recounting how Nigerians celebrated him on his birthday, he said: “In all my years, I have never seen such a show of love from Nigerians via different communications channels, from calls to social media. I was deeply touched by the kindred spirit of Nigerians. It tells me one thing: Nigerians are caring and loving people, and they appreciate quality and value-driven impact.

“I want to use this medium to say ‘thank you’ to those who sent me messages of goodwill, prayers through different communication platforms that I could not immediately acknowledge. I appreciate you all,” he said.

It will be recalled that President Tinubu while celebrating Ekeh on his birthday described him as one of “Nigeria’s pioneering innovators in the information technology sector.”

The President also commended Ekeh for his “commitment to promoting the Nigerian brand and creating opportunities for young Nigerians,” amongst his other achievements in the tech sector.

President Obasanjo, accompanied by his wife, Chief (Mrs.) Bola Obasanjo, who visited Ekeh to pray for him, described Ekeh as a “very kind man and an achiever who inspired many youths at a critical point in Nigeria’s information technology history.” He also prayed for the Zinox Group boss to live for 100 years and beyond.

As a sitting President, Obasanjo honoured Ekeh as an Icon of Hope and a role model for Nigerian youths on October 1st, 2001, and subsequently with the national honour of the Officer of the Federal Republic (OFR).

Others who joined Obasanjo in honouring Ekeh were former Lagos state governor, Babatunde Raji Fashola and his wife, former INEC Chairman, Professor Maurice Iwu and his wife, Chairman of MTN, Dr. Ernest Ndukwe and his wife; Mr. Atedo Peterside, Founder of Stanbic IBTC Bank and his wife; Chairman of Fidelity Bank, Mrs. Amaka Onwughalu and her husband; Managing Director Fidelity Bank, Dr. Nneka Onyeali-Ikpe; Mr. Udoma Udo-Udoma, Chairman Seplat Energy and his wife; Mr. Sam Amuka; Prof Anya O. Anya; Mr. Chris Uwaje, tech policy expert and his wife; Mr. John Momoh, Chairman of Channels Media Group and his wife; Mr and Mrs Walter, CEO of Providus bank, Mr. Roosevelt Ogbonna, group CEO of Access bank, Mrs. Victoria Ajayi, CEO of TVC  Communications and her husband; Mrs. Nkeiru Anumudu, CEO of Globe Motors, secondary school mates of Ekeh including Charles Oputa (Charly Boy) who came with his wife; Leo Stan’s elder brother HRM Eze George Ekeh (aka Saint George), the traditional ruler Ishi Ubomiri Autonomous Community in Imo state;  representatives of multinationals with whom  he has partnered all through the years;  among


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