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Austin Okere to Keynote as Tunde Coker Chairs MoDiTECH 2019

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Mr. Austin Okere, Founder & Vice Chairman, CWG Plc, will present the keynote at the maiden edition of Mobile & Disruptive Technology Forum (MoDiTECH 2019) holding on October 24, 2019 in Lagos State, Nigeria.

ModiTECH’19 is being organised by TechEconomy.ng in collaboration with Nigeria CommunicationsWeek, as a platform for inter-sectorial review of economic impacts of technologies; giving particular attention to the disruptive potentials of emerging solutions supported by the Artificial Intelligence, Machine Learning, Data Analytics, Robotics, FinTechs and mobile phone economy around retail and service provision

The event under the theme: “The Power of Digital Services”, holds at Victoria Crown Plaza Hotel (VCP), 292B, Ajose Adeogun Street, Victoria Island, Lagos under the chairman of the Managing Director of Rack Centre, Dr. Ayotunde Coker, while the Chairman, Connect Technologies & Africa Chair for IEEE, Chris Uwaje (Oracle), is the co-chairman and will moderate a session on digital disruptions.

Dr. Isa Ibrahim Pantami, Minister of Communications, is the special guest of honour. Other special invitees expected at the Forum are Prof. Umar Danbatta, Executive Vice Chairman of the Nigerian Communications Commission (NCC), Kashifu Inuwa Abdullahi, the Director General of the National Technology Development Agency (NITDA), Mr Tony Ojobo, the President, African ICT Foundation (AfICTF), Mr. Muhammed Rudman, President of NiRA, among others.

Other speakers include, Dr. Obadare Peter Adewale, the Co-Founder/COO, Digital Encode; Dr. Oluseyi Akindeinde, Co-founder/CTO, Digital Encode; Dr. Babatunde Obrima, the Chief Operating Officer, FinTech Association of Nigeria (FinTechngr);  Toyosi Akerele-Ogunsiji,  Founder Rise Labs; Debbie Michael, Nigeria’s First AI powered Learning, Research & Work Readiness Centre; Engr. Frank Ogochukwu, Chief Technology Strategist, Consulting & Board Member Global Advisory Council, EC-Council; Tunde Ogungbade, Managing Director of Global Accelerex Limited, amongst others.

The Keynote Speaker

Mr. Okere is a respected personality in the Nigerian IT/ICT industry, Africa and indeed the world. He is also the Entrepreneur in Residence, Ausso Leadership Academy. Austin is a member of the World Economic Forum Business Council on Innovation and Intrapreneurship.

He serves on the Board of the National Competiveness Council of Nigeria and Initiative for Global Development.

He is also a Fellow of the Institute of Directors of Nigeria.

Austin is a graduate of Computer Science from the University of Lagos and holds an MBA degree from the International Graduate School of Management (IESE), Navara, Spain. He possesses an unprecedented flair for visioning, strategy and branding.

He is a member of several professional and leadership bodies, including ICT Advisory Board, Nigerian Competitive Council and Nigerian Economic Summit Group.

He also serves on the Executive Committee of the Nigerian-South African Chamber of Commerce.

Austin has been recognized and honored locally and internationally with many awards in recognition of his contribution to the Information and Communications Technology world. He was named ICT Personality of the year 2014 by the Nigerian Computer Society and ICT Man of the Decade by ICT Watch Africa Digital Network in 2012.

His most recent recognitions are; 2016 NCS Presidential Award for promotion of ICT in Nigeria, Announced as member of the Global Business School Network Advisory Board and was named as one of Nigeria’s Top 50 Tech-Titans at the Titan of Tech Awards 2016.

He is currently an Entrepreneur in Residence at Massachusetts Institute of Technology’s Legatum Centre as well as Columbia University, New York.

Chairman of the occasion

Dr Ayotunde Coker has over 30 years’ international experience across Europe, USA, Asia and Africa. He was born in Nigeria, went to school in Lagos, and university in the UK.

His distinguished career of 28 years in the UK, included roles as Management Consultant Cap Gemini UK, Director Egg Bank the first European Internet Bank, Global Applications Director BP, CTO UK Criminal Justice, IT Director, Ministry of Justice.

He returned to Nigeria in 2009 as Group CIO of Access Bank, and then MD/CEO of Emerging Markets Payments, West Africa. As MD/CEO, he has led Rack Centre to become a household name in Nigeria, leading brand in Africa with global recognition and numerous international awards. He is Secretary General of the Africa Data Centre Association.

He is an award-winning post graduate alumnus of Cranfield Institute of Technology UK, Fellow Institute of Directors (UK), Fellow British Computer Society, Honorary Senior Member Chartered Institute of Bankers of Nigeria.

He holds a PhD (Honoris Causa) by ESCAE University, Republic of Benin.

He was recently identified in the Power 200: The Worlds Most Influential Data Economy Leaders by the Data Economy Magazine in the UK

MoDiTECH 2019

The Forum sponsored by Digital Encode, Global Accelerex, Medallion Communications and hosts of others has been endorsed by, ATCON, InnovationBed Africa and ALTON, FinTechNgr and AfICT.

It will feature C-Level executives including CEOs/CFOs/CROs/CCO/CIO; Directors and Heads of trading, operations, research, analytics, investment, strategy, digital, compliance, risk and data analysts; and senior regulators and policymakers; drawn from the FMCGs, Financial Industry including Fintechs, Banks, Insurance Companies, etc., AgriTech, Logistics, Cyber security companies, amongst others.

Interested corporate/individual participants can register via next.techeconomy.ng or contact the organisers via email: [email protected] : Chike – 08033800291 or Peter- 08184346261 for sponsorship and exhibition space reservation.


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Verve Partners Ali Express On Seamless Cross-Border Shopping

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Verve International, Africa’s domestic payments card scheme and token brand, has announced that its cards are now accepted on AliExpress, one of the world’s largest online retail platforms.

This landmark partnership expands Verve’s global reach, offering seamless and secure payment solutions and providing millions of Verve cardholders and merchants worldwide with easy access to AliExpress’ extensive range of products, including fashion, electronics, home goods, beauty, and more.

The collaboration empowers Verve cardholders, both locally and internationally, to engage in cross-border transactions.

It also reinforces Verve’s unwavering commitment to delivering inclusive, innovative, and secure digital payment solutions that empower individuals and businesses alike, while bridging the gap in global digital commerce.

Speaking on the partnership, Vincent Ogbunude, Managing Director, Verve International, remarked: “We are excited to announce that Verve is now accepted on AliExpress, a globally recognised e-commerce leader.

This marks a significant milestone in our global expansion journey, reflecting our commitment to providing cardholders with access to more possibilities in today’s digital economy.

The addition of AliExpress to our growing network is just the beginning, there’s much more to come as we continue to innovate, expand, and deliver value to millions of Verve cardholders in Nigeria and beyond.”

Verve’s expanding global network is bolstered by partnerships with renowned brands such as Google, YouTube, Netflix, Amazon Prime, Facebook, Uber, Spotify, among others, enabling cardholders to conveniently pay for subscriptions in naira.

These alliances solidify Verve’s position as a trusted leader in the digital payments space, ensuring that consumers can access top-notch services across diverse industries.

With AliExpress joining this network and Verve integrated into its payment options, Verve cardholders can easily shop and pay for a wide range of products.

To shop on AliExpress using a Verve card, simply sign in, select the items to buy, and click ‘Buy now.’ When prompted, add a new card and enter the Verve card details. Save the information for future use, confirm the details, and complete the payment seamlessly.


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Stanbic IBTC Asset Management Unveils Anti-scam Measures to Protect Mutual Fund Holders

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Stanbic IBTC Asset Management has introduced strong measures to safeguard its customers from scams targeting mutual fund holders.

In response to this trend, the company has launched a strategic campaign to educate customers on protecting their investments and understanding the correct procedures for mutual fund subscriptions.

The Company, in a statement disclosed that recently, enquiries about the authenticity of messages for mutual fund subscription have surged. It stated: “Many of these messages contain differing and potentially incorrect account numbers, leading to confusion and concern among investors.

“In response to these concerns, Stanbic IBTC Asset Management launched a campaign to educate customers by providing accurate information and security tips to reduce the likelihood of clients falling prey to scam attacks.

“The campaign has established three main objectives: first, to educate customers about the mutual fund subscription process by providing precise and accurate information that empowers them to make informed decisions.

Second, it aims to ensure that customers verify the payment accounts for any Stanbic IBTC mutual fund investments, encouraging due diligence in confirming the legitimacy of financial communications”.

The statement further stated that the campaign seeks to raise awareness of scam attempts that may mislead customers into using incorrect account details, highlighting the tactics used by scammers to keep customers informed and vigilant.

Busola Jejelowo, the Chief Executive of Stanbic IBTC Asset Management, recently addressed the importance of a new initiative to safeguard customers in an increasingly complex financial landscape.

“At Stanbic IBTC, our top priority is our customers’ financial safety, and we are fully committed to ensuring that our clients have the security they need while managing their investments”.


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Amnesty International Condemns Police Actions During #EndBadGovernance Protests

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Amnesty International has accused Nigerian police of using excessive force against demonstrators during the #EndBadGovernance protests, which took place from August 1 to 10 across the country in response to Nigeria’s harsh economic conditions.

According to the human rights organization, the police crackdown resulted in the deaths of at least 24 people, including 20 young adults, two children, and an older person.

Amnesty’s report claims that the victims were shot by police at close range, often in the head or torso, indicating an intent to kill. Two survivors sustained severe injuries, while others suffered from the indiscriminate use of tear gas. The organization condemned the actions of security personnel, describing the violence as “unbelievable lawlessness” and accusing authorities of covering up the atrocities to downplay the death toll.

Eyewitnesses from Kano, Katsina, Jigawa, and other states told Amnesty that the protests began peacefully but escalated into chaos when police opened fire with live ammunition and tear gas. In Kano, 12 people were killed, while Jigawa and Niger states reported three fatalities each. Kaduna and Maiduguri also recorded multiple deaths.

In addition to the killings, over 1,200 protesters, including minors, were detained, and more than 146 were charged with treasonable offenses. Some detainees reported being subjected to torture. One protester, Khalid Aminu, described being beaten with sticks and iron cables while in the custody of the Department of State Services (DSS). Another detainee, Michael Adaramoye, was held for two months for participating in a protest in Abuja.

Despite mounting evidence, including eyewitness accounts, medical records, and video footage, Nigerian authorities have denied involvement in the violence, attributing the deaths to “unknown gunmen” or dismissing reports as “fake news.” Amnesty International has called on President Bola Tinubu to establish an independent and impartial investigation into the violations and to hold those responsible accountable.

The protests, triggered by widespread corruption and economic hardship, have reignited concerns about the Nigerian government’s disregard for human rights. Amnesty International stressed that law enforcement’s use of firearms against peaceful protesters violates international standards, urging authorities to end impunity and ensure justice for the victims.


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