Connect with us

brand

JA Nigeria Partners for Growth, Impact

Published

on

Grooms Digital Entrepreneurs

  • Empowers Young People
  • The trajectory of Junior Achievement

Nigeria reaching over 1 million youths is one that has embraced diverse support of individuals, groups, and organisations. The continuous tenacity applied to impacting the lives of youths especially in a time where the pandemic brought many to economic recession is one that can best be described as apt. Our programs are helping young people recover from loss, stay updated and learn in-demand skills that could help them become more attractive to the labour market. The support of Board members such as First Bank of Nigeria Limited, Sigma Pensions, Schlumberger, Citi, Channels Television, Agile Communications, Deloitte, Aliko Dangote Foundation, and partner organizations such as Union Bank, Google, ACT Foundation, Facebook, Slum2school gave life to these programs.

JA Nigeria kicked off the year with a financial literacy program themed ‘Break Free’ – #JAPA. ‘Break free’ was tailored toward impacting the lives of young professionals on matters regarding money management. Burdened with the fact that COVID-19 affected the finances of many, we organised a program aimed at helping young people gain financial freedom. With the support of Sigma Pensions, ‘Break free’ gave insight on basic finance understanding finance concepts such as saving, pension, and investments, and strategies to live a debt-free life.

As you know, one of JA’s aims is to build a generation of digitally inclined youths. To make this happen, youths need to learn diverse strategies on how to stay safe online. Due to the pandemic, more young people embraced online activity and this led to the implementation of the Safe Online Spotlight Series with Facebook. Although Safe Online has since been implemented, the COVID-19 outbreak made the implementation even more necessary. This program seeks to help young minds stay aware of online bullies, fraud, and other internet-like dangers that could pose a threat to them while surfing the Internet. JA Nigeria is glad to have Facebook support this program that helps protect young people from online dangers.

In the light of impact and choosing to challenge diverse societal abnormalities that could serve as barriers to the successes of women, JA Nigeria celebrated International Women’s Day. An offshoot of marking the IWD 2021 was the weekly ‘Girls4Tech’ program sponsored by Mastercard. This program was designed to inspire female teenagers between the ages of 8-14 as taking STEM-related courses could encourage more girls to consider a career in STEM. Did you know that in Nigeria, only 20% of girls are enrolled in STEM-related courses? This reveals the urgency for programs like ‘Girls for Tech.’ Recall, “An equal world is an enabled world.”

Our GoogleIT Support program is on the run! Organisations are counting on young people who can think outside the box and we delight in building young people to not only think creatively but to see how their potentials can cause a global impact. This program is a 4-6 month program that aims to equip young graduates and ‘out of school’ youths with 21st century professional IT skills needed for the job market. At Junior Achievement Nigeria, we are intentional about leaving no stone unturned as regards matters that can contribute to a thriving economic environment for youths. According to a statement by Adebowale Akinbobola, one of the beneficiaries of the JA Nigeria Google IT support program, he stated; “I am looking forward to the other modules and I appreciate JA Nigeria for this opportunity. I say cheers to greater impact from JA Nigeria and also for myself”.

In 2020, JA Nigeria started the #NoStudentLeftBehind campaign to support young people in developing skills that they need to be economically independent even in trying times. We look forward to more donations; this would accelerate our goals towards ensuring that there are No Students Left Behind.

In another development, JA Nigeria implemented its Financial Literacy Day program as part of the celebration for Global Money Week. Global Money Week is a worldwide celebration held in March to empower the next generation to be confident and money-savvy global citizens. The event which is in partnership with the Central Bank of Nigeria was held simultaneously in select schools across the country in efforts to create a financially literate generation. Similarly, through a partnership with Prudence Foundation. Primary school students were exposed to the basics of money management through the implementation of the ‘ChaChing’ program. ChaChing uses the ‘Earn. Save. Spend. Donate.’ mantra to teach these students life-long learning about financial management.

Furthermore, in line with JA Nigeria’s mission of providing business and economic education for young people, a recycling program titled ‘Every Can Counts’ will be implemented with the support of Novelis/GZI. ‘Every Can Counts’ is an educational program for primary and secondary school students, where they will be taught and motivated to know about the meaning and value of aluminum recycling, the importance of putting recycling into practice, and how this can help them become entrepreneurs who care about a sustainable future.

JA Nigeria, however, solicits support from well-meaning Nigerians, philanthropists, and corporate organisations to partner with us to accelerate our impact by helping us raise a generation of conscientious business leaders leading a vibrant economy and ultimately help young people to own their economic future.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

brand

FIDELITY BANK PLC REDEEMS US$400 MILLION EUROBOND AT MATURITY

Published

on

LAGOS, NIGERIA – Fidelity Bank Plc has successfully redeemed its 5-Year US$400 million Senior Unsecured Notes at maturity, reaffirming its commitment to meeting its obligations to investors and reinforcing its track record in the international debt capital markets.

Issued on 28 October 2021, the 5-year Eurobond matured on 28 October 2026 and carried an annual coupon of 7.625 per cent, payable semi-annually. Fidelity Bank met all scheduled coupon payments throughout the life of the instrument and has now fulfilled its final repayment obligation in full, covering both principal and accrued interest.

The redemption was funded from internally generated liquidity as part of the Bank’s forward-looking liquidity management strategy. Through a dedicated sinking fund, Fidelity Bank progressively provided for the maturing obligation, enabling the Bank to meet its commitment while maintaining business-as-usual operations and compliance with applicable regulatory liquidity requirements.

Commenting on the development, the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr/Mrs Nneka Onyeali-Ikpe, said the successful redemption reflected the Bank’s disciplined approach to financial management and its commitment to delivering on its obligations.

“This successful redemption demonstrates the strength of our franchise, the discipline of our balance sheet management and our commitment to honouring our obligations to investors and other stakeholders. We anticipated this maturity from the outset and planned accordingly, which reflects our commitment to responsible financial management,” Onyeali-Ikpe said.

The redemption further strengthens Fidelity Bank’s record in the international debt capital markets. The 2021 issuance marked the Bank’s third Eurobond transaction, following earlier issuances in 2013 and 2017, wherein the Bank raised $300 million and $400 million respectively. The 2021 offer attracted investor orders exceeding US$700 million, reflecting strong demand for the Bank’s international debt offering.

The successful Eurobond redemption follows the completion of Fidelity Bank’s recapitalisation programme ahead of the regulatory deadline. The Bank’s capital-raising efforts increased its eligible regulatory capital to approximately ₦533 billion, exceeding the ₦500 billion minimum capital requirement for banks with international authorisation.

The completion of these milestones underscores Fidelity Bank’s strong capital position, prudent liquidity management and disciplined approach to financial execution. It also reinforces the Bank’s capacity to meet its financial obligations while pursuing its strategic growth objectives across domestic and international markets.

Continue Reading

brand

GTCO Brings Google Pay to Both Sides of the Checkout As Google Pay launches in Nigeria

Published

on

…….GTBank customers can now pay with it and businesses on HabariPay’s Squad gateway can now accept it.

Guaranty Trust Holding Company Plc (“GTCO” or “the Group“) today announced that two of its subsidiaries are live with Google Pay on the day it launches in Nigeria. Customers of Guaranty Trust Bank Limited (“GTBank”) can add their GTBank debit cards to Google Wallet and pay with Google Pay online, in Nigeria and internationally. Businesses that use Squad, the payment gateway run by the Group’s payments subsidiary HabariPay, can now offer Google Pay to their customers at checkout.

The Group is therefore present at both ends of the same transaction: with the person paying and with the business being paid.

For GTBank customers, the change is simple. They add their GTBank debit card to Google Wallet once. After that, they choose Google Pay at checkout, pick the card and confirm, without typing a card number, expiry date or CVV again. Google Pay replaces the card number with a secure digital token, so the merchant does not receive the actual card details. The card can be used wherever Google Pay is accepted online, including for subscriptions, travel bookings, food delivery, bills and digital services.

For businesses on Squad, “Pay with Google Pay” now sits at the top of the Squad checkout, alongside card, bank transfer, USSD, bank payments and Squad’s buy-now-pay-later options. A customer with a card in Google Wallet selects Google Pay, chooses the card, confirms, and is returned to the merchant’s site once the payment is verified. Google Pay is switched on by default for every business on Squad, and a merchant can choose to turn it off. Merchants set up for international payments can accept Google Pay from customers anywhere in the world, which opens Nigerian businesses to buyers abroad, including the diaspora. Fewer fields mean fewer points at which a customer can abandon a purchase, which matters most to the small and growing businesses that make up much of Squad’s merchant base.

Commenting on the launch, the Group Chief Executive Officer of GTCO, Mr Segun Agbaje, said: “Most failed online payments are not refused, they are abandoned. Somewhere along the way the customer gives up, and the business never learns about the sale it lost. As a customer centric Financial Services Group, we are committed to ensuring that we continue to deliver payment solutions that make transacting safe and simple for our various customer Groups. With Google Pay, what matters to us is that we are ready on both sides from the first day: a GTBank customer can pay with it, and a business on Squad can accept it.”

He added: “This is what a group structure is for. Our Bank and our Payments Business were built to do different jobs, and today they meet at the same checkout. We will keep putting the full weight of the Group behind those small moments where people decide whether paying digitally is worth the effort. When it is, everyone in the transaction wins: the customer, the merchant and the wider economy that depends on both.”

The Managing Director of HabariPay, Mr Eduofon Japhet, said: “For a merchant, every extra field at checkout is a reason for a customer to leave. Squad businesses now get Google Pay inside the checkout they already use, so their customers can pay in a few taps with a card they have already saved. A merchant set up for international payments can now be paid with Google Pay by a customer anywhere in the world, with nothing new to integrate.”

Availability. GTBank customers can add an eligible GTBank debit card through the Google Wallet app on Android or through their Google Account. From today, Google Pay is on by default for all businesses on the Squad payment gateway, and merchants can choose to turn it off. Squad merchants set up for international payments can accept Google Pay from anywhere in the world. More information is available at www.gtbank.com and www.squadco.com.

Continue Reading

brand

ZENITH BANK SET TO HOST SIXTH EDITION OF ANNUAL TECH FAIR

Published

on

 


Zenith Bank Plc is set to host the sixth edition of its flagship technology event,
Zenith Bank Tech Fair 2026: Future Forward 6.0, on Thursday, November 5, 2026, under the theme, “AI: Embrace or Extinct.”

Renowned for its scale and showcase of technological innovation, the annual Tech Fair has evolved into a platform for connecting ideas, talent and opportunities. Over the years, the event has brought together technology leaders, entrepreneurs, and young innovators to explore emerging technologies, showcase solutions and examine the future of the digital economy.

Conceived by the Bank’s Founder, Jim Ovia, CFR, the initiative reflects his vision of empowering young Nigerians through technology and nurturing inventors capable of developing solutions with global relevance. It also reinforces Zenith Bank’s commitment to digital advancement and the growth of Nigeria’s technology ecosystem.

The impact of the Tech Fair is evident in the solutions emerging from its competitions. Previous winners include JumpnPass, which developed a self-checkout solution for retail, and CreditChek, which uses artificial intelligence and open banking to streamline credit verification. At the 2025 edition, TrustLoopwon the hackathon for its digital identity verification solution, while Cubbes Technologies won the startup pitch competition with its AI-powered EdTech learning platform. Through millions in prize funding and mentorship, the Tech Fair continues to support promising innovators in developing practical solutions to real-world challenges.

For the first time, the Tech Fair will be held virtually, opening participation to a wider borderless audience across Nigeria and beyond. This year’s theme explores the growing influence of AI and challenges individuals and organisations to consider howbest to harness its potential in an increasingly technology-driven world. The event will offer participants an opportunity to discover emerging innovations, gain fresh insights and engage with ideas shaping the future of work and business.

The Tech Fair will be accessible via Zoom, Instagram, X, TikTok, Facebook and YouTube.

Be part of the future of technology. Register now at www.zenithbank.com/techfair and experience the possibilities of AI at Zenith Bank Tech Fair 2026.

Continue Reading

Trending

Copyright © 2025 Newsthumb Magazine | All rights reserved