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JCI Nigeria Honours Ten Outstanding Young Persons in Nigeria

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Junior Chamber International (JCI) Nigeria has honoured the ten winners of the 2015 Ten Outstanding Young Persons (TOYP) Awards.

The awards event was held at Incubator in Victoria Island on Saturday September 26, 2015.

The ten winners are Adebola Olomo, Oresanwo Lolade, Odjenima Atinuke, Araba Steven Omogbolahan, Uyi-Aivinhenyo Patricia, Abdulkadir Mukhtar, Onitiju Ibukun, Akintayo Stephen, Steve Harris, Olawale Rotimi.

The TOYP, a global initiative which is being replicated in Nigeria, concentrates on formally recognizing young people who are making waves in their chosen fields and creating positive impact on other people, their community and the society at large.

These recognitions are basically to motivate other young people and encourage them in their bid to be socially responsible leaders in the Nigerian society.

Adetola Juyitan, chairperson of the JCI TOYP in Nigeria, while speaking at the event said that “This year’s TOYP is coming with an unprecedented class which is reflected through the quality of shortlisted nominees, the quality of the judges, the organization of the grand finale of the event, amongst other things.”

“Junior Chamber International, Nigeria has been participating at the international level over the years, and beyond hosting the Nigerian edition, we will be taking advantage of the platform of this year’s programme to re-reinforce the presence of JCI in Nigeria.” She added.

Since 1983, JCI has honored nearly 300 individuals across 57 nations in the past. Some recipients of the award at the global level include well-known personalities as John F. Kennedy, Henry Kissinger, Elvis Presley, Jackie Chan, Wayne Gretzky and many more, all named before the age of 40 and before they had achieved national prominence.

Honorees selected in past years have represented the heights of progress in numerous human endeavors.

All have continued to serve humanity in a great variety of ways.

Nigerians who have been recipients of the awards at the International level in the past include Mr. Ray Ekpu in 1988 (Moral and/or Environmental Leadership category), Ms. Sidi Modupe Osho in 1996 (Scientific and/or Technological Development category) and Dr. Ola Orekunrin in 2003 (Medical Innovation category).

Some of the past recipients of the award in Nigeria include; Akintunde Imolehin, Sir Shina Peters, Femi Anikulapo-Kuti, Nduka Obaigbena, Daddy Showkey, Isaac Orolugbagbe, Chibuike Rotimi Amaechi, Richard Mofe Damijo, Larry Ojomo and Linda Ikeji.

Others are, Praise Fowowe, Japhet Onojuwa, Dr. Ola Orekunrin, Ayodeji Adewumi, Obinna Ekezie, Tolu Sangosanya, Freeman Osonuga, Audu Maikori,  Gbenga Sesan, Bimbo Odukoya (deceased), MEE Mofe-Damijo (deceased), Amaka Igwe (deceased) amongst others.

Eligibility for recognition is pinned at Nigerians that are above 18 years of age but less than 40 years who can be said to have excelled in their chosen fields and have created, or are continuously creating positive change.

About 130 nominations were received this year, out of which 30 nominees were further selected after a screening process by a panel of judges. 20 nominees made it to the last stage.

The general public then voted for the final 10. The whole process was worked on by the JCI Nigeria TOYP Team, a panel of distinguished Nigerian judges and a team from our reputable and internationally acclaimed audit partners.

JCI Nigeria National President Mr. Seun Osikalu, talking about the selection process, said that, “the Ten honorees were selected by a panel of distinguished judges from all nominations received, regardless of category entered: Business, economic, and/or entrepreneurial accomplishment; Political, legal, and/or governmental affairs; Academic leadership and/or accomplishment

Cultural achievement; Moral and/or environmental leadership; Contribution to children, world peace, and/or human rights; Humanitarian and/or voluntary leadership; Scientific and/or technological development and Personal improvement and/or accomplishment

Medical innovation.
Speaking at the event, Mrs. Folorunsho Alakija represented by her son Mr. Dele Alakija encouraged the honorees to continue their good work of building a better Nigeria and encourage other young people to emulate them


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Detained Binance executive drags EFCC, NSA to court

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Binance executive Tigran Gambaryan has has dragged the National Security Adviser Nuhu Ribadu and the Economic Financial Crimes Commission (EFCC), to court alleging violations of his fundamental rights.

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In a filing dated March 18 and presented by his lawyer Olujoke Aliyu from Aluko and Oyebode Law Firm, Gambaryan sought redress before Justice Inyang Ekwo, requesting five reliefs. Similarly, Nadeem Anjarwalla, Binance’s Africa regional manager who escaped custody on March 22, initiated a separate suit before Justice Ekwo.

Gambaryan and Anjarwalla, in the suits marked: FHC/ABJ/CS/356/24 and FHC/ABJ/CS/355/24, had sued the Office of NSA (ONSA) and EFCC as 1st and 2nd respondents.

Gambaryan, a US citizen overseeing financial crime compliance at the crypto exchange platform, alleged that his detention and the confiscation of his international travel passport violated Section 35 (1) and (4) of the 1999 Constitution, constituting a breach of his fundamental right to personal liberty. He further requested the court to order his immediate release and the return of his passport. Additionally, he sought an injunction preventing further detention related to any Binance investigations and demanded a public apology from the respondents, along with costs incurred.

Gambaryan stated that he visited Nigeria on February 26 alongside Nadeem Anjarwalla, representing Binance, in response to invitations from ONSA and EFCC. Despite attending the meeting as requested, both were detained afterward without formal charges.

During the court proceedings, T.J. Krukrubo, SAN, representing Anjarwalla and Gambaryan, informed the court of the respondents’ absence despite being served. Krukrubo also mentioned their notice of withdrawal of legal representation for Anjarwalla, filed on March 26.

Justice Ekwo noted the withdrawal of legal representation and adjourned the matter to April 8 to allow the applicants to seek new representation and give the respondents an opportunity to appear.

In Gambaryan’s case, Krukrubo stated that although the processes were served on ONSA and EFCC, they still had time to respond. He requested an adjournment, indicating that the respondents’ deadline to file their applications would expire the following week.

Consequently, Justice Ekwo scheduled the next hearing for April 8 to continue proceedings.


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AXA Mansard Empowers Female SMEs with Financial, Digital Skills

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AXA Mansard, a member of AXA has empowered 200 female Small and Medium Enterprises with financial literacy and digital business skills.

In collaboration with SME 100 Africa, the two-day training, which was held in Lagos, is part of AXA’s lined-up programmes to commemorate this year’s International Women’s Day.

Speaking, Olusesan Ogunyooye, Head of Marketing AXA Mansard, said the training was aimed to empower female SME owners with skills to improve business output and position them for the increasing economic opportunities available in an increasingly digital marketplace.

Ogunyooye noted that the move was in line with AXA Mansard’s sustainability agenda, explaining that the company was convinced that support for women through its inclusive protection programmes was pivotal to its purpose of acting for human progress by protecting what matters and its mission of moving from being a payer to a partner.

He further said that focusing on digital skills was important because the company realised the importance of digital skills to the growth of the SME sector in Nigeria and wants to ensure that women were empowered enough to be a consequential part of that growth.

“It’s almost trite to say that SMEs are the engine for economic growth, especially in developing countries like Nigeria, where over 45 million adults are business owners. What needs to be continually discussed is how Nigeria is going to unlock that potential for economic development and how much of that potential will be unlocked by women and for women.”

“For us at AXA Mansard, we are aware that digital will play a major role in unlocking these current opportunities and Nigeria’s economic future. So, to ensure that women are equally represented in unlocking these future potentials, that’s why we have collaborated with SME 100 Africa to support them in developing the required skills”.

“Our choice of digital and financial literacy skills is deliberate. We understand the power of the duo. We understand that helping these SMEs with the skills to attract more customers will be a faster means to empower them.

“We see that they have amazing products and services, but they need to understand how to attract value for themselves by attracting the right customers, and you will agree with me that virtually all customer segments are online in one way or another today.

“So, if we can empower them with digital business skills, we would have helped them with the heavy lifting of trying to find and attract customers”. Ogunyooye explained.

According to him, AXA Mansard believes that for the world to experience progress truly, there must be an equitable distribution of creation and access to opportunities for men and women. This quest for balance informed the SHE for Shield initiative, a women-centred inclusive protection programme of AXA Mansard.

SHE for Shield is a group of initiatives designed for the Nigerian woman. The goal is to see them grow, add value, and help them mitigate risks at every step.

According to the company, research has found that access to health care is one of the most important things to Nigerian women, regardless of their economic segment. They desire to be financially independent, secure, and respected in the community.

 


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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa

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IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage African technology companies across a broad set of sectors, including fintech, e-commerce, edtech, climate tech, and health tech.

IFC’s investment in 4DX Ventures Fund III will come from IFC’s $225 million venture capital platform, which was launched last year to strengthen emerging VC ecosystems and invest in early-stage companies in Africa, the Middle East, Central Asia, and Pakistan.

Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023. Access to capital on the continent has been further exacerbated by a slowdown in global venture capital investment.

Tech ecosystems are nascent, or even nonexistent, outside of more established markets such as Egypt, Kenya, Nigeria, Senegal, and South Africa.

“IFC and 4DX Ventures share the commitment to supporting tech entrepreneurs with innovations that will help Africa leapfrog in critical areas such as climate, health care, fintech, e-commerce, and education,” said Walter Baddoo, Co-Founder and General Partner of 4DX Ventures.

“We look forward to partnering with IFC to help promising tech startups build transformative businesses and realize sustainable development impact on the continent.”

4DX’s new fund will invest in companies with tech solutions that can improve productivity, efficiency and competitiveness across Africa. The firm’s first two funds invested in companies such as Egypt-based e-commerce platform MaxAB, an IFC portfolio company; Ghana-based health tech firm mPharma; and Kenya-based B2B e-commerce platform Wasoko, formerly known as Sokowatch.

“By supporting the development of tech ecosystems in emerging markets, IFC’s venture capital platform aims to improve access to key services, boost business competitiveness, and promote job creation through digital transformation,” said Mohamed Gouled, Vice President of Industries at IFC.

“Our investment in venture funds such as 4DX Ventures will help African entrepreneurs access more financing and resources they need to scale tech innovations and bolster sustainable growth across the continent.

In addition to providing capital, IFC will work with 4DX Ventures to implement their environmental and social management system.


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