Category: Business & Economy

Recognising socio-economic productive, valuable and impactful Nigerian entities that improve Nigerian and global business & economy.

Access Bank Wins Women Market Champion Award 2015

Access Bank Plc has received the Global Banking Alliance for Women Market Champion 2015 Award in recognition for its innovative approach to banking women across the shores of the country.

The bank also restated that its W Awards, the first of its kind in Nigeria,
seeks to recognise and celebrate Nigerian women, home and in the Diaspora, who have impacted the Nigerian economy and their immediate environment positively.

During the 14th Annual Summit of the Global Banking Alliance (GBA) for Women in Sao Paulo, Brazil, Access Bank bagged the award for the Women’s Market Champion 2015 alongside banks across the world which had implemented successful women market programmes.

This award is coming on the heels of the one-year anniversary of the bank’s W
initiative which was launched in Nigeria and subsequently in the Bank’s
subsidiaries.

The World Bank Group’s Women, Business and the Law 2016 Report

The World Bank Group’s Women, Business and the Law 2016 report has acknowledged Nigeria alongside Kenya and Ethiopia as countries with “very few barriers” to women’s entrepreneurship and employment in the areas monitored.

The report found that 28 of the 41 sub-Saharan African economies covered by the in the assessment continued to maintain restrictions that do not allow women to work in the same jobs as men, and added that property rights remain an impediment to wealth accumulation for women.

The Brookings’ 2015 Financial and Digital Inclusion Project (FDIP) Report

The Brookings’ 2015 Financial and Digital Inclusion Project (FDIP) report, which evaluates access to and usage of affordable financial services across 21 countries, has rated efforts by Nigeria to drive financial inclusion high. According to the report by the Center for Technology Innovation, with a total of 72 percent points.

Nigeria achieved a number nine ranking for the country’s overall financial inclusion efforts. The report analysed the financial inclusion landscape in Afghanistan, Bangladesh, Brazil, Chile, Colombia, Ethiopia, India, Indonesia, Kenya, Malawi, Mexico, Nigeria, Pakistan, Peru, the Philippines, Rwanda, South Africa, Tanzania, Turkey, Uganda, and Zambia. Countries received scores and rankings based on 33 indicators spanning four dimensions: country commitment, mobile capacity, regulatory environment, and adoption.