Recognising socio-economic productive, valuable and impactful Nigerian entities that improve Nigerian and global business & economy.
CredPal and Growsel alongside Kenya’s Mookh Africa have emerged winners of the Sub-Saharan Africa edition of the Visa Everywhere Initiative challenge in Johannesburg, South Africa.
Continue reading CredPal & Growsel Emerge Winners At 2018 Visa Everywhere Initiative Competition
Adenike Fajemirokun, the erstwhile Chief Risk Officer of Dangote Group has been elevated and now appointed to the office of Group Executive Director, President’s Office, where she will take on new roles in addition to her schedule as the Risk Officer. She is the first ever female executive director in Dangote Group.
Olakunle Alake, the erstwhile Chief Operating Officer (COO) of Dangote Group has emerged the Group Managing Director.
The management of Dangote Industries Limited (DIL) also announced the appointment of Austine Ometoruwa as Group Executive Director, Corporate Finance and Treasury.
Earlier the Board of Dangote Cement Plc, global, announced the appointment of Cherie Blair and Mick Davies as Independent Non-Executive Directors.
President/Chief Executive, Dangote Group, Aliko Dangote, speaking on the new appointments said:
“It is exciting seeing a female occupy such a high position. We are gender sensitive and create equal opportunities for both male and female to get to the top.
The new appointments are to strengthen the Group’s executive management team and to consolidate on its strategic business growth trajectory.”
Ms Adenike Fajemirokun, a consummate Risk Management & Insurance specialist has over 18 years diverse experience in developing and implementing risk management strategies in Financial, Engineering, Manufacturing and other industries.
She started her career with Ove Arup and Partners as a Fire Engineer where she was responsible for carrying out qualitative and quantitative risk assessment of various assets and developing risk assessment frameworks for quantifying identified risks.
She later joined Deutsche Bank AG, UK, and served in senior leadership roles such as Director and Global Head Operational Risk, Head of Transaction Management Group for leverage finance at the Corporate and Investment Bank. Prior to specialising in the Risk Management field, she held positions in finance as a front office quantitative analyst at Goldman Sachs London and New York.
Ms Adenike Fajemirokun worked with First Bank of Nigeria where she developed the operational risk management framework for the bank as well as its Business Continuity Certification by the British Standard Institute. She also managed and tracked the firm’s risks across all directorates, transaction services and alternative investments.
In 2010, she founded and headed AFRisk Management Consultants Limited, which developed the enterprise risk management frameworks for some of the country’s major institutions including Central Bank of Nigeria, First Bank Nigeria and First Bank Capital Plc.
She was appointed Chief Risk Officer of Dangote Group in 2013 and leads the Risk Management Functions for the Group and its various businesses where she oversees the company’s governance model and enterprise risk program. She develops and manages processes to identify, assess, monitor and reduce risks that could interfere with the achievement of the company’s goals and objectives. She is also responsible for managing the Group’s Insurance, Procurement Portfolio and Logistics.
A holder of B.Eng. in Civil, Structural and Fire Engineering and a Ph.D. in Risk Informed Engineering both from the University of Manchester, UK, Ms Adenike Fajemirokun is a Fellow of the Engineering and Physical Sciences Research Council (EPSRC) and Specialist member (SIRM) of the Global Institute of Risk Management. She is also a visiting professor at the University of Manchester, UK. She has been recognised globally for her work with the Operational Riskdata Exchange Association (ORX), Institute of Risk Management, UK.
She is a member of the Lagos State Research and Innovation Council.
First Bank of Nigeria and Farmcrowdy have emerged winners at the inaugural Global African Business Awards (GABA) 2018 announced at the Radisson Blu, in Addis Abba, Ethiopia.
The Global African Business Awards (GABA) celebrates the excellence in entrepreneurship and business leaders from the continent of Africa.
Continue reading First Bank of Nigeria & Farmcrowdy Win Global African Business Awards (GABA) 2018
Dr. Mike Adenuga Jr., the Chairman of Globacom has been conferred France’s highest national honour of Commander of the Legion of Honour by the French President, Emmanuel Macron.
President Macron bestowed the prestigious award on Dr. Adenuga at the new Alliance Francaise Mike Adenuga Centre in Ikoyi, Lagos.
President Macron said Dr. Mike Adenuga Jr. is “a true role model for Africa” who has contributed immensely to the growth of African and French economy.
Dr. Adenuga thus becomes the first Nigerian to be decorated with the award of Commander of the Legion of honour in the history of France; a promotion from his previous honour as Chevalier (Knight) of the Legion of honour awarded to him in 2017.
According to the French Embassy, it takes 13 years to be promoted from Chevalier to Commander, but this higher order for Adenuga has happened in 8 months.
President Macron applauded Dr. Adenuga on his promotion of the French language and culture in Nigeria, and also commended Bella Disu, Dr. Mike Adenuga’s daughter who conceived, coordinated and executed the Alliance Française project.
The French Ambassador, Denys Gauer, congratulated Dr. Adenuga stating:
“His outstanding entrepreneurship and business ingenuity has today created so many jobs for Nigerians and, more importantly, value for the country.
I am very happy that your contribution to the development of the French-Nigerian relations and your appreciation of the French culture are in this manner recognized and honoured.”
Mr. Denys Gauer noted that Dr. Adenuga has developed strong business relationship with France through Alcatel in telecoms and Total in petroleum.
Winners have emerged at the 2018 Digital Pay Expo Awards, which held at Eko Hotel & Suites, Lagos.
Digital Pay Expo brings together stakeholders in digital financial services to discuss key issues affecting the payments industry. The event focuses on Innovative Financial Services for the unserved segments of the society.
FarePay won the utility payment card award.
The smart payment solution introduced by, Sterling Bank Plc eliminates challenges associated with Bus Rapid Transit (BRT) such as facing long queues to purchase a ticket or handling exact cash fares for a trip.
FarePay cards are prepaid and reloadable through the user’s bank accounts and can be activated through an ATM or USSD. Card holders are no longer burdened with facing long queues for tickets or having to carry the exact fare for trips.
Out of seven award categories at the event, two cards were nominated for the most utility relevant card category with Sterling Bank’s FarePay card emerging as winner in the category. FarePay cards are built on a contactless payment technology, with a connected bus validator system linked to the users’ bank account allowing passengers to ‘tap in and tap out’ of BRT buses with ease.
Commenting on the award, Executive Director, Corporate and Investment Banking at Sterling Bank, Yemi Odubiyi, said:
Ecobank Nigeria emerged winner in two award categories, ePayment and Partnership, at the 2018 Digital Pay Expo Awards.
According to the Bank’s Executive Director, Consumer Banking, Carol Oyedeji:
“We are not in any way surprised at these awards. As a bank, we realised many years ago that payment drives the society and digital banking is the way to go. We put structures in place and today, we have become a clear leader in the industry.”
The Certified Institute of Auctioneers of Nigeria (CIAN) has given i-Naira Integrated Resources Limited an award for maintaining industry standard and professionalism over the years.
i-Naira, the first online auction company in Nigeria was bestowed the award after being adjudged as transparent by the Organised Private Sector (OPS).
Its founder and Chief Executive Officer Hillary Nwaukor received the company’s award and stated:
“I feel honoured owing to the fact that an idea to build an auction solution for the Organised Private Sector (OPS) five years ago has become a reality; not only has it become a reality, we have equally become a force to reckon with after three years of operations.
Thus, indeed, I am happy and thankful to the registrar Mr. Adeleke Hassan, the chairman of Lagos state CIAN chapter, Dr. Jogunola Onabanjo and the governing council of Certified Institute of Auctioneers for the recognition.
i-naira.com auction system is a stable software that is designed with transparency as the organisation’s watchword, therefore, our customers and clients alike are happy with bid outcomes whenever we run an auction event online.
Emphatically, there can’t be any more assurance or validation required to evidently demonstrate the strategic importance of i-Naira.com auction solution in closing the transparency gaps in auction processes in Nigeria while giving corporate entities the opportunity to earn more from assets they consider fully depreciated in their accounting books.”
i-Naira.com was recently engaged in April/May 2018 to dispose of the assets of Mobilising for Development (M4D) – a DFID sponsored project in Kano, Jigawa, and Kaduna.
Hon. Justice Samuel Ilori, former Chief Judge of Lagos State, said that the auction profession is witnessing a great leap and bound in Nigeria, however a new baby in the public and private sector.
According to Olayinka Oladunjoye, the Commissioner for Commerce and Industry (Lagos State), the State Government will not relent in its efforts in designing and implementing innovative policies that would strengthen auctioning practice.
The Commissioner disclosed that the government is at the forefront of creating a conducive business environment to make auctioneering practice more operational and attractive in Lagos state.
Winners have emerged at the 2018 HR People Magazine Awards held in Lagos to recognize HR champions, share knowledge and best practices towards supporting the growth of HR in Africa.
| Best Training, Learning and Development 2017 |
| StanbicIBTC Bank |
| Employer of Choice (Over 1000 Employees) 2017 |
| StanbicIBTC Bank |
| Employer of Choice (Under 1000 Employees) 2018 |
| Andela |
| HR Champion 2017 |
| Yinka Sanni CEO Stanbic IBTC Holdings |
| HR Manager 2017 Winner |
| Ezinne Chidi Anosike- Senior Human Capital Business Partner StanbicIBTC Bank |
| Best Work Life Harmony 2017 |
| Unilever |
| Talent Management 2017 |
| Procter and Gamble Nigeria |
| Employee Engagement 2017 |
| StanbicIBTC Bank |
| HR Leader 2017 |
| Pai Gamde- Chief Human Resource Officer, The Nigerian Stock Exchange |
| Best HR Recruitment Strategy 2017 |
| Andela |
The HR People Magazine is a foremost magazine dedicated to human resources and people development profession in Nigeria and Africa at large. The HR People Magazine Awards is one of their initiatives and celebrates excellence in the HR profession as well as top people, initiatives and strategies that have excelled in various organizations.