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Path Solutions Takes Top Honors in Three ACQ5 Global Awards

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Path Solutions has announce that Mohammed Kateeb, the company’s Group Chairman & CEO received the highly coveted recognition for ‘Gamechanger of the Year (Islamic Financial Technology)’, while the company was awarded ‘Core Banking System Provider of the Year (Islamic Finance) – International’ for the 5th time, and its ground-breaking technology solution for financial inclusion iSHRAQ*Microfinance named ‘Sharia-Compliant Microfinance Solution of the Year – International’ for the 4th year running at the ACQ5 Global Awards 2018.

“It’s extremely gratifying to have won three awards in these important categories of ACQ5 this year”, said Kateeb. “This is a validation of our commitment to continuing to build the momentum. This milestone arrives at a time when looking ahead in a rapidly changing world of technology is essential.

“The world is increasingly looking to businesses and business leaders to chart a path forward as technology reshapes all industries including the Islamic financial services industry.

“At Path Solutions, we stood up to support this progress, and have been a source of inspiration to all other technology providers”.

The ACQ5 Global Awards recognize service providers who exhibit exceptional innovation in their fields, and honor those who are best harnessing technology to aid global financial inclusion.

This year, voting closed on Thursday 29th March 2018. The total number of nominations received by ACQ5 stood at an amazing 98,621 nominations. Guided by the poll’s results, those firms and individuals that have had the greatest impact on the industry during the previous calendar year deserve recognition and are truly honoured.

Founded in 1992, Path Solutions is a global leader in next-generation Sharia-based software development and implementation, consulting, support, training, and outsourcing services.

The company helps its clients transform and thrive in a fast-changing world by implementing bespoke and breakthrough solutions including digital and mobility that combine strategic insights and business capabilities enabling data-driven decisions that are crucial to propel their business forward.

Path Solutions’ iSHRAQ*Microfinance is a powerful web-based solution to the booming microfinance industry and for the non-for-profit funds in poor countries.

Mohammed Kateeb is a successful corporate leader with an unrivalled depth of knowledge and profound passion for serving the IT industry.

His guidance and approach has allowed Path Solutions to grow and flourish in a complex marketplace while others have long struggled.

At present, in his role as member of the Board of Trustees of IRTI, an affiliate of IsDB Group, Kateeb is contributing to building a technology-enabled Islamic finance sector to foster financial inclusion and create a better world.

The ACQ5 Global Awards 2018 winners’ list features on internationally recognised digital media platforms, as well as in ACQ Global Awards 2018 supplement – the largest recognition guide of its kind in the market.


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AfDB to Partner LAMATA to Expand Existing Rail System

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The African Development Bank (AfDB), has disclosed plans to work with the Lagos Metropolitan Area Transport Authority (LAMATA), to boost the state’s transport system with the development of another rail line.

This was contained in a statement signed by, the Head, Corporate Communication, LAMATA, Mr. Kolawole Ojelabi in Lagos.

Ojelabi said that the AfDB Vice President, Private Sector Infrastructure and Industrialisation, Mr. Solomon Quaynor, gave the assurance during a visit to LAMATA.

He added that the bank was interested in partnering LAMATA to expand the capacity of the existing rail system.

“Quaynor was also in the company of the Non-Sovereign Operations and Private Sector Equity Specialist, Mr Mayowa Ayodele ahead of a visit of the technical team to assess the Purple line,” he said.

The Purple Line is a 60-kilometre railroad along the Redemption Camp in Ogun State, traversing Berger, Agege and Alimosho and terminate at Volkswagen to join the Blue Line.

“The visit follows a recent pitch for investment on 60-kilometre Lagos Rail Mass Transit (LRMT) Purple Line at the African Development Bank forum in Morocco, where the Lagos delegation was led by Governor Babajide Sanwo-Olu.

“This is to further discuss collaboration on the project and other lines outlined in the Lagos Strategic Transport Master Plan. The delegation toured the LRMT Blue Line and expressed satisfaction with the progress of the Blue Line rail system,” he said.


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SERAP Drags FG, Govs to ECOWAS Court over ‘Misuse of Cybercrimes Act’

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Socio-Economic Rights and Accountability Project (SERAP), has filed a lawsuit against the Nigerian government the 36 states over the Cybercrimes (Amendment) Act 2024.

Lagos, NIPOST Partner to Transform e-Commerce Delivery

SERAP is arguing that “the repressive use of the Cybercrimes (Amendment) Act 2024 by the government to criminalize legitimate expression violate the human rights of Nigerians, including activists, journalists, bloggers and social media users”.

In a statement on Sunday, Kolawole Oluwadare, deputy director, SERAP, explained that the suit was filed to stop the Tinubu administration and Nigeria’s 36 governors from using the Cybercrimes (Amendment) Act 2024 to criminalize legitimate expression and punish Nigerians, including social media users.

He said: “Rather than using the amended legislation to make cyberspace and its users safer, Nigerian authorities are routinely weaponizing it to curb Nigerians’ human rights and media freedom.

“The suit no: ECW/CCJ/APP/03/2025 was filed last week before the ECOWAS Court in Abuja.”

Recall that Economic Community of West African States (ECOWAS) Court had on March 25, 2022, declared Section 24 of Nigeria’s original Cybercrimes Act 2015 as “arbitrary, vague, and repressive.”

The court ordered Nigeria to repeal the provision, citing non-compliance with human rights obligations under the African Charter on Human and Peoples’ Rights and the International Covenant on Civil and Political Rights.

Although the Cybercrimes (Amendment) Act 2024 repealed Section 24, the Socio-Economic Rights and Accountability Project (SERAP) argues that the reworded provisions still infringe upon freedom of expression and information.

SERAP’s concerns center around the ambiguity of “causing a breakdown of law and order” in Section 24(1)(b), which they believe threatens peaceful and legitimate expression and leaves room for abuse.

SERAP highlighted several instances where the law was allegedly misused to target government critics, including activist Dele Farotimi, journalist Agba Jalingo, and social media user Chioma Okoli.

The organization emphasized that the amended legislation has a chilling effect on human rights and media freedom.

SERAP stressed that the amended Act contravenes international human rights law, which requires restrictions on freedom of expression to serve a legitimate purpose and be strictly proportionate.

The organization seeks a declaration that Section 24 of the Cybercrimes (Amendment) Act 2024 is unlawful and an order directing the government to repeal or amend the legislation in compliance with international standards.

However, a hearing date has not been set for the suit.


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GOCOP Applauds Edo Gov for Appointing Edomaruse, SA, Int’l Development

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Mr. Collins Edomaruse
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Guild of Corporate Online Publishers (GOCOP) has applauded Mr.  Monday Okpebholo, Edo State governor, for the appointment of Mr. Collins Edomaruse as his Special Adviser, International Development Partners (IDP).

GOCOP Applauds Edo Gov for Appointing Edomaruse, SA, Int'l Development

Ms Maureen Chigbo, president of GOCOP and publisher of RealNews Online, described  Edomaruse’s appointment as a welcomed development.

Chigbo in a press statement by Ogbuefi Remmy Nweke, GOCOP Publicity Secretary, also congratulated Edomaruse for this appointment assuring of support from over 110 members of GOCOP in carrying out his duties.

Until his appointment, Edomaruse who is a founding member of GOCOP and the Secretary General of the body of reputed online publishers is also a member of the Nigerian Guild of Editors (NGE), among others.

Edomaruse doubles as the Publisher/Editor-in-Chief of METROWATCH, and has held several senior editorial management positions in THISDAY, including Group News Editor, Group Politics Editor, Deputy Editor, Daily, Saturday and Sunday titles respectively, as well as the Editor, Nation’s Capital/Abuja Bureau.

Also known as ‘General’ because of his mastery of the Defence Beat, his records in THISDAY have remained unbeaten, where he ranked the best among the editors.


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