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Oscar Onyema Joins World Federation of Exchanges

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Mr. Oscar N. Onyema, Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (“NGX Group”) Plc, has been elected to the Board of World Federation of Exchanges (WFE).

Oscar Onyema

This decision was reached at the 60th General Assembly and Annual Meeting of WFE on 9 September 2021.

With the election, Onyema will serve on the WFE board for a 3-year term, representing Europe-Middle East-Africa (EMEA) region.

Commenting on the development, Onyema stated, “I am honoured to be elected to the board of the WFE which is the global group for exchanges and clearing houses (CCPs) around the world.

“This is an important achievement for Nigerian Exchange Group and the Nigerian financial market. It is an indication of our prominent regional and global position and a testament to our contributions to the WFE in respect of our input on issues confronting the African and global capital markets.

“We are committed to fostering greater synergies between the WFE members and industry partners, and supporting the Federation to consolidate its position as the leading voice for exchanges and clearing houses, amongst global stakeholders.”

Nigerian Exchange Group has been a member of the WFE since 2014, when it made history as the first West African exchange to be granted full federation membership status.

On her part, the Chief Executive Officer, WFE, Ms. Nandini Sukumar noted that “The WFE welcomes Nigerian Exchange Group and Oscar N. Onyema, OON, a leader and thinker, to the Board of Directors. As an industry, we will all benefit from the perspectives and insights he brings.

We look forward to working even more closely with African markets in future and bringing more of them into WFE membership, and the standard that represents.”

The WFE is the global industry group for exchanges and clearing houses (CCPs) around the world, representing over 250 market-infrastructures ranging from those that operate the largest financial centres to those that run frontier markets.

With extensive experience of developing and enforcing high standards of conduct, the WFE and its members support an orderly, secure, fair and transparent environment for investors; for companies that raise capital; and for all who deal with financial risk. WFE seeks outcomes that maximise the common good, consumer confidence and economic growth.

 


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Big Larry, Nollywood Actor is Dead

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Big Larry, a popular Nollywood actor has been pronounced dead on Friday by Stanley Ontop, film producer

Big Larry, Nollywood Actor is Dead

Big Larry

Details’ surrounding his sudden demise is yet to be known.

Big Larry’s death comes just a few weeks after the passing of another Nollywood actress, Sharon Okpamen, who died following childbirth.

Stanley Ontop his on Instagram  wrote: “Breaking News: Nollywood actor Big Lary just passed away. Je nke Oma big. What caused his demise is yet to be ascertained. May your soul rest in peace Big Lary. Nollywood Asaba Mourns. Shalom!!!”

Fans and admirers of the late actor have flocked to the post’s comment section to pay tribute to him.

 

 

 

 


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CADEF Promotes Financial Inclusion for Persons with Disabilities @One-day Workshop

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Consumer Advocacy & Empowerment Foundation (CADEF) hosted a one-day workshop on “Improving Access and Inclusion for Persons with Disabilities (PWDs) in Digital Financing” in Lagos.

L-R: Bunmi Adebiyi, Senior Manger, Development Finance Office, CBN; Chinonso Umeh, Head, Retail Services ,Zenith Bank; Lukeman Salami, representative of Association for the Blind; Chiso Ndukwe-Okafor, Executive Director, CADEF; Adeola Aina, Vice-chairman, Association for the Blind and Lovelyn Okafor, Director of Programmes and Communications, CADEF at workshop on Improving Access and Inclusion for PWDs in Digital Financing in Lagos, recently.

The event brought together government officials, financial institutions, disability organizations, and experts to discuss strategies for enhancing financial inclusion for people with disabilities.

Speaking at the workshop, Safiu Babatunde, Head of Legal Services at the Lagos State Office for Disability Affairs, emphasized the importance of financial inclusion for people with disabilities.

He highlighted the challenges faced by individuals with disabilities in accessing traditional and digital financial services and called for innovative solutions to address these barriers.

“Disability related obstacles affect the participation of individuals at every stage of developmental interventions intended to boost livelihoods of people,” Babatunde said.

“Key among the resources essential for enhancing the livelihood of individuals is having access to financial resources for undertaking economic activities.”

He continued, “Unfortunately over the years, traditional banks do not seem to have served people with disability related obstacles.

“Persons with disability have limited access to financial services, including traditional and alternative banking, online payment services, and financial transactions as well as mobile banking applications.”

Babatunde emphasized the need for public-private partnerships to promote financial inclusion for people with disabilities.

“This partnership can bring together government agencies, financial institutions, and disability organizations to collaborate on developing and implementing initiatives that promote financial inclusion for these concerned populations,” he said.

Professor Chiso Ndukwe-Okafor, Executive Director of CADEF, underscored the organization’s commitment to advocating for the rights of marginalized groups.

She emphasized the need for inclusive financial products and services that cater to the specific needs of people with disabilities.

“CADEF has been empowering individuals with financial literacy, including those with disabilities.

“Our goal is to create inclusive financial systems that meet the needs of all Nigerians”, she said.

The Lagos State Office for Disability Affairs, LASODA, also called for increased public-private collaboration to address the financial barriers faced by PWDs.

General Manager of LASODA, Adenike Oyetunde-Lawal, emphasized the need for tailored financial products and accessible services.

Oyetunde-Lawal, who was represented by Mr. Safiu Babatunde, Head of the Legal Department, urged the banking sector to be more responsive to the needs of PWDs.

Participants discussed the challenges faced by people with disabilities in accessing financial services, such as limited awareness of available products, inaccessible ATMs and branches, and discriminatory practices.

They also explored potential solutions, including the development of accessible mobile banking applications, financial education programs in sign language and Braille, and partnerships with disability organizations.

At the conclusion of the workshop, participants agreed on the need for concerted efforts to improve financial inclusion for people with disabilities.

They pledged to work together to develop and implement practical solutions that will empower individuals with disabilities to participate fully in the financial sector.


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NIPR Appoints Rasheed Bolarinwa As Chairman of FinanceHub Committee

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Nigerian Institute of Public Relation’s (NIPR) governing council has announced the appointment of Rasheed Bolarinwa as the Chairman of its newly established FinanceHub Committee.

Rasheed Bolarinwa

Bolarinwa, who serves as the President of the Association of Communication and Marketing Professionals in Banks (ACAMB), will lead the committee aimed at enhancing sustainable Public Relations practices within the banking, insurance, and pensions sectors.

Bolarinwa, currently the Head of Brand Management and Corporate Communication at Polaris Bank, brings extensive experience from journalism, public relations, and the financial sector.

Read Also: NIPR Lagos Chapter Announces Date for 11th conference, sets to discuss climate change, environment

His leadership is expected to drive significant improvements in PR practices across these financial sectors.

The FinanceHub Committee, which includes experts from banking, insurance, and pensions, is part of NIPR’s broader initiative to strengthen public relations across various sectors.

The committee’s formation aligns with NIPR’s strategy to foster sustainable and impactful PR practices in these critical areas of the economy.

In addition to Bolarinwa, NIPR has appointed other chairpersons for newly created sectoral hubs.

Mrs. Thelma Okoh will lead the Maritime Hub, Dr. Jossy Nkwocha will head the Energy Hub, and Mr. Basil Agboarumi will oversee the Aviation Hub. Dr. Ahmad Sajoh has been appointed to lead the Anti-Corruption and Consumer Protection Hub, while Miss Chimdi Neliaku will head the Young Practitioners Hub.

The appointment letters, signed by Uzoma Onyegbadue, Registrar/Secretary to the NIPR Governing Council, reflect NIPR’s commitment to enhancing public relations practices across these sectors.

NIPR Appoints Rasheed Bolarinwa as Chairman of FinanceHub Committee

At the inauguration of the new chairpersons and committee members, NIPR National President Dr. Ike Neliaku praised the appointees, highlighting their expertise and dedication.

“Your appointments are well-considered and reflect the confidence the NIPR council has in your abilities to advance the objectives of the Hub,” Neliaku stated.

He expressed enthusiasm for collaborating with the new appointees and emphasized the council’s support in driving positive change in public relations practices within their respective sectors.


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