Category: Business & Economy

Winners have emerged at the 8th edition of the New Age Banking Awards (NABS), held in Lagos.

The New Age Banking Awards (NABS) recognises and celebrates outstanding achievements in the banking and finance industry.

They are aimed at honouring the organisations that have consistently demonstrated exemplary performance. These awards set a standard of excellence that is held in high regard. They serve as an effective platform for Nigerian banks to showcase their talent and identify leaders within the industry.

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Nedcom Oaks Limited has emerged winner of the ‘Best Housing Development’ award at the 9th API Summit And Expo 2018 for its housing development – Victoria Crest Homes, Lagos, Nigeria.

The 9th API Summit and Expo 2018 recognised innovation and outstanding achievement across the entire property industry in 11 categories. These categories covered: Retail, Office, Mixed Use, Green Building, Hotel, Alternative Asset, Architectural Design, High-end residential, logistics and best women in Property.

The annual Summit provided property developers, suppliers and owners an opportunity to showcase their best projects and services from across sub-Saharan Africa with the winning developments and people came from Ghana, Kenya, Zambia, Nigeria, Mozambique, Namibia, Mauritius and Rwanda.

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Nala, Virtual Identity and Wallet.ng have emerged winners of the 2018 Ecobank Fintech Challenge at a ceremony held in Lome, Togo.

Nala, based in Tanzania, a mobile money application that works offline, beat the ten other finalists to emerge as the winner of the competition. Virtual Identity from South Africa and Wallet.ng from Nigeria emerged first and second runners-up.

The three startups won cash prizes worth $10,0000, $7,000 and $5,000 respectively.

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South Africa’s Wala, Nigeria’s RecyclePoints and Kenya’s Tulaa have emerged top three winners in the 2018 Zambezi Prize for innovation in financial inclusion.

The award was organised by the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), with support from the Mastercard Foundation.

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Crop2cash has emerged overall winner of the 2018 First City Monument Bank (FCMB) and Wennovation Hub Agritech Demo Day.

The ten finalists are Agromart, Oga Farmer, Alosfarm, Kosher Integrated Farms, Crops2cash, Dilivas Box, Comestibles, FarmMonie, Farm Spark and Green Maple. And they all pitched to a jury with a feedback and question session immediately after every pitch.

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Five Nigerian banks have been ranked among 1000 global banks by The Banker Magazine’s 2018 1000 Global Bank.

According to The Banker, Africa’s economic fortunes improved over the 2017 review period following a difficult couple of years in which lower commodity prices hit the performance of the continent’s largest markets.

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The Nigerian Institute of Management (NIM) has declared Ayodeji Odeleye, an Estate Surveyor, as the winner of its 2018 Edition of Young Managers Competition (YMC) held in Lagos.

The five finalists were Ayodeji Odeleye (Winner), Iyeku Akinwale (first Runner up), Caleb Eke (Second Runner up), Ibidunni Lawani (Third Runner up) and Akinkunmi Elizabeth (Fourth Runner).

The star prize for the winner is a prize of ₦1.5 million, while the first, second and the third runners up were rewarded with ₦800,000, ₦500,000 and ₦200,000 worth of management training at NIM Headquarters respectively.

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