The 2018 Citadel of God Almighty, COGA Cathedral Monthly Bible Quiz is aimed at promoting the knowledge and consciousness of the gospel of our Lord Jesus Christ through the Holy Bible.
Winners have emerged at the World Finance Banking Awards 2017. The World Finance Banking Awards 2017 are detailed in the World Finance Banking Guide 2017, which offers an insight into the scale of transformation in the banking sector.
- Best Banking Group – Guaranty Trust Bank (GTBank)
Employing more than 10,000 people across Africa, Guaranty Trust Bank (GTBank) is one of the continent’s leading financial institutions, providing a range of traditional and digital banking services to more than 10 million customers. Headquartered in Lagos, GTBank is Nigeria’s largest bank by market capitalisation, and boasts an asset base in excess of NGN 3.16 trillion ($8.8 billion).
- Best Private Bank – First Bank of Nigeria
Established in 1894 as the Bank for British West Africa, First Bank of Nigeria holds the honour of being the first bank ever to be established in Africa. The bank now boasts more than 10 million customer accounts and provides a balanced range of traditional banking products, along with a collection of modern, digital solutions for investment and wealth management purposes.
- Best Commercial Bank – Diamond Bank
Founded in 1990, Diamond Bank is a multinational financial services provider that offers a range of products in the commercial, retail, corporate and investment banking sectors. The company has become Nigeria’s fastest-growing retail bank by sticking rigidly to its long-term vision of not just matching customer expectations, but exceeding them.
- Best Retail Bank – Guaranty Trust Bank (GTBank)
Since its inception in 1990, Guaranty Trust Bank (GTBank) has delivered consistent year-on-year growth, driving financial inclusion through the implementation of a number if innovative tech-based services. Now regarded as one of Africa’s leading financial institutions, GTBank’s operations extend across the continent, serving more than 10 million customers at home and abroad.
- Best Sustainable Bank – Access Bank
Access Bank initially started life as a commercial bank, but broadened its reach to include personal and business banking in 2012. It is currently one of Nigeria’s five largest banks, and is now set on becoming one of Africa’s most respected financial institutions, with a growth model that puts environmental sustainability and social responsibility on a par with profits.
- Most Innovative Bank In Africa – Guaranty Trust Bank (GTBank)
Financial inclusion is one of the most significant issues currently facing the Nigerian banking sector. Guaranty Trust Bank, which was established in 1990 and has since grown to become one of Africa’s leading financial institutions, has therefore committed to rolling out a variety of digital banking products aimed at providing citizens formerly excluded from the formal banking system with access to vital financial services. In particular, the firm’s Bank 737 service, which allows customers to access their money via a smartphone without the need for an internet connection, is making banking simpler, faster and cheaper for previously unbanked Nigerians. Since the service was introduced, more than three million customers have signed up, while over $3.1 billion has been sent through the platform in the form of mobile transactions.
Wema Bank Plc and its mobile app ALAT, have been named the ‘Best Digital Bank’ and ‘Best Mobile Banking App’ in the World Finance Digital Banking awards 2017.
The World Finance Digital Banking awards 2017 celebrate institutions that are leading the charge with digitalization while meeting consumer demands and mitigating against accompanying risks.
“We are delighted to earn such a global recognition so early in the existence of ALAT. To us, they are not merely a reward for the hard work but also an incontrovertible evidence of Wema Bank’s new place as a leader in banking innovation in Africa.
We have developed in-house capacity and capabilities to enable us provide best-in-class digital banking services across all touch points.
ALAT was conceived and developed by Nigerians, but today the world has accepted it and we are starting to enjoy international recognition.
ALAT, Nigeria’s first fully digital bank, is a branchless, paperless bank, which provides financial services through its Android, iOS and web applications. It was designed in response to the growing needs of Nigerians for a financial institution that understands their needs, responds quickly to them and helps them save money.
Since its launch in May 2017, ALAT’s unique offerings have endeared many to the Bank, with over 180,000 customers on board and total deposits exceeding ₦1.1 billion.”
In the words of Funmilayo Falola, head of Brand and Marketing Communications at Wema Bank:
“ALAT is not just a Bank, it’s a lifestyle.
It is a bank created to help customers achieve their personal and financial goals, in line with Wema Bank’s vision to be the financial institution of choice in service delivery and superior returns.
The future of banking is digital, and Wema Bank is backing this belief by ditching the corporate dogma and taking proactive steps towards bringing tomorrow’s banking to the today’s customers.”
Rivers United have been ranked the best Nigerian football club in 2017 by the International Federation of Football History & Statistics (IFFHS) in its latest club world ranking.
In the IFFHS ranking covering the period between 1st January 2017 – 31st December 2017, Rivers United had 86 total points with an impressive leap from its position of 651 in 2016 to 221 in 2017.
Rivers United of Port Harcourt took joint 221st position in the ranking along with São Paulo FC, FK Lokomotiv Tashkent, CA Boca Juniors, Al Ain FC, Hertha BSC, Panionios FC, and šK Slovan Bratislava.
Weighing up with other top tier leagues, Rivers United ranked higher than Burnley, Southampton FC, and Crystal Palace FC of the English Premier League; RC Espanyol and Real Betis of the Spanish La Liga; as well as VFL Wolfsburg, Hamburger SV and FSV Mainz 05 of the German Bundesliga.
Real Madrid C.F. are the top team in the world, Gremio the second and Manchester United occupied third position.
Barcelona, Paris Saint-Germain, CR Flamengo, Juventus FC, FC Bayern München, Manchester City FC and FC Red Bull Salzburg complete the top ten in that order.
Four of the top five African clubs are based in North Africa. Al Ahly SC is first followed by Etoile du Sahel, Esperance ST, TP Mazembe and Club Africain.
The Nigeria Professional Football League (NPFL) is the 63rd strongest national league in the world, according to the Lausanne based organization.
Akinwumi Adesina, President of the African Development Bank Group (AfDB), has received the Order of the Star of Africa with the Grade of Grand Band of the Republic of Liberia, during an investiture ceremony hosted by Liberian Head of State, Ellen Johnson Sirleaf, at the C. Cecil Dennis Auditorium of the Ministry of Foreign Affairs, in Monrovia, Liberia.
The award honours Dr. Adesina’s visible and tireless commitment to the rapid economic development of Liberia through, among others, the implementation of the Bank’s first and second priorities as set out in the High 5s: Light up and power Africa and Feed Africa.
“The African Development Bank has always been a good partner for Liberia. In the last two years, Liberia went through troubled times.
And the African Development Bank became a close partner to Liberia in being able to set down with us, share our successes and challenges and continue to respond to our agenda and to our commitments regarding two priorities: power and connectivity and agriculture. In this last case, Akinwumi Adesina helped us to duplicate what he did when he was Minister of Agriculture in Nigeria with cassava. Now, cassava is grown all over Liberia.”
In the words of Dr. Akinwumi Adesina on receiving the Order of the Star of Africa with the Grade of Grand Band of the Republic of Liberia:
“On behalf of the African Development Bank, I am deeply honoured to receive the Order of the Star of Africa, Liberia’s highest distinction.
I would like to personally thank President Ellen Johnson Sirleaf, the jewel of Africa. When I took over as President of the African Development Bank in 2015, President Sirleaf became an important ally in our High 5s strategy to Light up and power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the quality of life of the people of Africa. She had already begun focusing on these development priorities in Liberia, decades earlier as Minister of Finance and more recently as President.
The African Development Bank will continue to support Liberia.
We look forward to working with President-Elect George Weah and the new administration to score the most important goals of developing Liberia.”
The African Development Bank is credited with transforming the lives of Liberians through financing road and infrastructure projects, the provision of electricity, and the improvement of water and sanitation services.
To date, the African Development Bank’s total cumulative commitments of approved projects in Liberia since its first intervention in 1967 is US $1.124 billion. The Bank’s active portfolio comprises 11 ongoing and recently approved operations with a total commitment equivalent to US $336.17 million.
There are 9 national operations valued at US $219.9 million and two multinational operations valued at US $116.20 million.
The portfolio is largely spread over six sectors and is heavily invested in infrastructure, predominantly in roads, energy, and water and sanitation, amounting to a total of US $290.25 million or 82% of the total commitments. This portfolio is aligned to Liberia’s Agenda for Transformation priorities. The transport sector accounted for the largest share of the portfolio (49%), followed by energy (23%), agriculture and rural development (14%), water and sanitation (11%), and governance (3%). The average project size in Liberia is US $30.6 million.
Zenith Insurance & FBNInsurance have emerged winners of the World Finance Global Insurance Awards 2017 in the general insurance and life insurance categories respectively in Nigeria.
World Finance publishes its yearly line-up of the best companies in global insurance, recognising those that continue to grow and expand, even in spite of an ever-changing landscape and modern-day risks.
The World Finance Global Insurance Awards 2017 celebrate those that are staying ahead of these developments and driving ahead with innovative solutions. Each year, the World Finance in-house judging panel compiles the list of winners after consulting key business metrics and talking with a number of industry experts.
According to the Head, Marketing and Corporate Communications, FBNInsurance, Elizabeth Agugoh:
“The World Finance Global Insurance awards aim to celebrate those that have stood out as clear industry leaders over the course of 2017 by remaining agile even in the face of rapid change.
For us at FBNInsurance, we attribute the win to the company’s continuous commitment to providing responsive insurance to every Nigerian. In our seven years of operation, we have been able to carve a niche for ourselves by continuously engaging the consumer through our retail drive thereby gaining trust and traction in the market. We are happy to have won this award yet again; we will not rest on our oars even as we set our sights on more successes.
The World Finance was established in 2007 and has celebrated achievement, innovation and brilliance in Business through their annual awards. It will be recalled that FBNInsurance won the Best Life Insurance Company in Nigeria at the 2014 and 2016 editions of the awards. The 2017 win is the third time the company will be so honoured with the global accolade.’’