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Path Solutions Maintains Top Position in IBSI SLT 2021 in a Winning World Record
Path Solutions has won the top position in two categories in the IBSI Sales League Table 2021 (IBSI SLT); Islamic – Universal Banking | Core, Data Warehouse & Business Intelligence.
Path Solutions re-affirmed TOP position for twelve consecutive years in the IBSI Islamic Sales League Table 2021 with its industry-leading AAOIFI-certified digital banking suite iMAL. The company has an established track record of product innovation.
It is a recognized global leader in financial software solutions for Islamic and conventional financial institutions, and this is further proven by its extensive market reach and continuously growing clientele base.
“Keeping an excellent winning record year after year at the IBSI SLT is a tremendous feat and clearly demonstrates the strength of our Islamic banking platform, our strong focus and deep understanding of the segment’s specificities, driven by a passion and commitment to add value to our clients.
We are very proud as well for topping the Data Warehouse & Business Intelligence category highlighting clearly the success of our Path Intelligence initiative that we launched a year ago.
During the pandemic and recent market volatility, our customer-centric solution has provided our clients with outstanding capabilities to help them transform into becoming analytically data-driven resulting in significant competitive advantages that assisted them to weather the storm”, commented Mohammed Kateeb, the Group Chairman & CEO of Path Solutions.
“Path Solutions strives to remain the first-choice Islamic software partner for financial institutions across the globe, and this year’s fantastic display of wins really reinforces that”, said Robin Amlôt, Managing Editor, IBS Intelligence.
“We are especially pleased to see Path Solutions reaping the benefits by leading the power of automation and digitalization to create new Sharia-compliant solutions to address the current needs of the burgeoning Islamic banking segment”.
It is also worth mentioning that Path Solutions positioned as a Competitive Player in the IBSI LeaderBoard – Universal Banking | Core for CY 2020 Deals, featured in the SLT Leadership Club 2021 among category leaders, and ranked second in Islamic Retail Lending category.
Despite the 2nd wave of COVID-19 around the world, IBSI SLT 2021 witnessed consistent participation by vendors as 60 vendors submitted their nominations.
Of the 2,073 deals evaluated, the qualified deals of SLT 2021 included 1,046 global deals (SLT 2020: 800+) and over 500 domestic deals (SLT 2020: 900+) across all SLT categories. New SLT categories introduced this year include Conversational Banking, Data Warehouse & Business Intelligence, and InsurTech.
In recognition of the fast-growing Islamic banking segment, IBSI SLT is expanding its Islamic SLT which lists the leading suppliers catering to this segment.
The Federal Government has inaugurated the new Board of Directors of Galaxy Backbone Limited (GBB). The board’s mandate is to lead Nigeria’s digital transformation in Information and Communication Technology (ICT) infrastructure and services.
It will support Federal Government Ministries, Departments, and Agencies (MDAs) in a fast-changing landscape.
George Akume, Secretary to the Government of the Federation, led the inauguration. He emphasised the government’s commitment to making GBB more agile, responsive, and impactful. The aim is to drive national digital public infrastructure and service delivery. This was according to a statement by Segun Imohiosen, Director of Information and Public Relations.
The board has George Akume as Chairman. Its members include Rabi’a Adamu Waziri from the Petroleum Technology Development Fund (PTDF), Abubakar Abdulqadir Maje from the Joint Stock Association (JSA), Kemi Owonubi from the Ministry of Finance Incorporated (MOFI), and Margareth Ebute from the Ministry of Communications and Digital Economy.
Other members are Ibrahim Adeyanju, Olusegun, Olumbe Akinkugbe, Sanni Ibrahim Mohammed, and Adama Pindar from Galaxy Backbone Limited.
In his acceptance speech, Prof. Ibrahim Adepoju Adeyanju, Managing Director of Galaxy Backbone Limited, assured that the board will focus on sustainability. He said it plans to realign its vision and build a strong foundation for achieving strategic goals.
He also noted that within one year, the agency developed its Integrated Digital Transformation Strategy (IDTS). This strategy will run from 2025 to 2028.
Smart Treasure (ST Team) has honored the Deji of Akure, His Royal Highness Ọbá Aladetoyinbo Ogunlade Aladelusi, Odundun II, CFR, with a plaque of recognition for his dedication to the welfare of his subjects.
The presentation was made at the monarch’s palace in Akure by a delegation led by Instructor Luke Mbadugha from the Lagos Operations Center.
The visit was part of ongoing discussions on a partnership aimed at boosting agriculture in Akure, Ondo State.
The initiative, spearheaded by the ST Team, seeks to ensure the availability of farmland for agricultural purposes.
Under the arrangement, the ST Team will provide seedlings and manpower, while a significant portion of the proceeds will be distributed to the indigenes at no cost.
The remaining proceeds will support the administrative operations of the ST Team.
In his response, Ọbá Aladetoyinbo announced the allocation of a parcel of land at Ofosu, along the Ondo-Benin Road, for the project.
He described the initiative as a commendable effort to enhance food security for both the local community and the nation.
The monarch also called for a follow-up meeting to facilitate the assessment of the land for the project’s commencement.
Meanwhile, farming activities are set to resume at Aladodo Isikan in Akure South Local Government Area, another site designated for the agricultural project.
The four-acre land will be used to cultivate crops such as yam, cassava, plantain, and maize. A test run of maize planting began on April 9, 2025, with expectations of harvesting in three months.
Kabiesi Akinwunmi Adekanmbi Obey, the monarch of Olulero Okelero, Onitan Isikan, lauded the ST Team for their commitment to ensuring food availability.
He emphasized the importance of agriculture, stating, “Whoever brings food brings life.”
The ST Team, an investment platform dedicated to reducing poverty in Africa by 30% by 2027, has been actively involved in various Corporate Social Responsibility programs, including this agricultural initiative.
The project underscores their mission to create financial freedom and improve the quality of life for individuals across the continent.
Zinox Technologies Limited, a leading ICT solutions provider in West Africa, has engaged with the Tertiary Education Trust Fund (TETFUND) in Abuja, marking a significant step towards advancing innovation and sustainable energy solutions within Nigeria’s tertiary education landscape.
Dr. Leo Stan Ekeh, Zinox Chairman (left) and Arc. Sonny Echono, Executive Secretary, TETFUND (right) after the meeting
Under the theme “Advancing Innovation for a Sustainable Future,” the meeting aimed to establish a collaborative framework for technological transformation.
The Zinox delegation was led by Dr. Leo Stan Ekeh, its chairman, and included key members of the company’s executive management team.
On the TETFUND side, Arc. Sonny Echono, executive secretary, was joined by members of his top management team for the high-level discussions.
The highlight of the visit was the establishment of a strategic partnership between Zinox Technologies and TETFUND to provide renewable energy solutions to universities and polytechnics across Nigeria.
Additionally, Mrs. Kelechi Eze-Okonta, managing director, delivered a comprehensive, world-class presentation on the company’s diverse verticals and advanced ICT services, underscoring the need for intentional policy measures to support indigenous technologies for sustainable economic growth.
The TETFUND team expressed their appreciation for Zinox’s contributions to technology awareness, implementation, and adoption in Africa.
Arc. Sonny Echono, executive secretary of TETFUND, conveyed his deep appreciation for the visit by the Zinox team and commended Dr. Leo Stan Ekeh for his unwavering and impactful contributions to Nigeria’s digital transformation, stating that efforts are underway to establish a framework for effective energy solutions in tertiary institutions.
Highlighting Zinox Technologies’ expertise and proven track record, Arc. Echono expressed optimism about partnering with the company to develop scalable and efficient power solutions for academic institutions.
While both organizations remain committed to implementing innovative initiatives that enhance institutional capacity across the nation’s higher education sector, the visit marks a significant milestone in establishing a strategic partnership to equip Nigeria’s tertiary institutions with the essential technological infrastructure for a sustainable, digitally-driven future.
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