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Dangote Calls For Law Promoting Gender Equality

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The president/chief executive of Dangote Industries Limited, Alhaji Aliko Dangote has called for law promoting gender equality in the country.

Speaking at the 2019 Women Corporate Directors Lecture sponsored by Aliko Dangote Foundation, Dangote advocated for a legislature backing that will allow a certain percentage of women in public or private sectors work force.

He stated that “We can start with a proportion of like 30 women to 70 men on the board.”

He noted that increasing the number of women in corporate world lead to increase in innovation and innovative thinking, which opens up the door of fresh perceptive, saying that women on board of directors reduce governance related issues and ultimately result to a better performance.

According to Dangote, from my businesses as well, my three daughters all take on challenging roles as senior executive at the Group level and I can tell you that they have led the businesses to success.

We have a strong number of women at Dangote Industries across board, a lot of women occupy important leadership, and their efficiency have been noticed.

He added that with the caliber of women at this event today, ranging from board executives of various organisation, business executives and top government executives, this is a clear indication that women in the work force have started taking their rightful place in the private, public and social sector in Nigeria and across Africa. 

He however said despite this impressive achievement there is still a lot of work to be done to close the gender gap in the world work place. 

Nigeria women according to Dangote are climbing the corporate ladder and we have a good number of them as CEO of top firms, members of board of directors, chairman or chairperson of board of companies in the like of   former Minister of Finance, Mrs. Nike Akande, chairman of First Bank of Nigeria, Mrs. Ibukunoluwa Awosika, chairman of Access Bank, Mosunmola Belo-Olusoga, chairman of Guaranty Trust Bank, Osaretin Demuren, to mention a few.

He added that “At Dangote Group, we practice what we preach and women have excelled to board of directors. We ran an organisation that women aspired to the highest position without hindrances.

He hoped that this meeting will open more doors for women as the world continued to close the gender gap in any organisation.

According to him, the World Bank report showed that women and girls account for 40 per cent of Nigeria population which comes to over 90 million, they represent a huge assets for our country and if we collectively tap into their potentials for the development of our economy. I can assure you that Dangote Group will continue to strengthen and mentor women in assuming leadership role in corporate world.

Speaking on the theme, ‘The courage to Lead; Inspiring Others, Overcoming Challenges and Achieving Success’, former Prime Minister of Ethiopia, Hailemariam Desalegn, who is the guest speaker said that gender equality is important as women potentially represent half of the world’s pool of talents and prospects for advancement.

He said “For Africa to prosper, we need to engage and give chance to women to be very active in our politics, economic and business environment.”

He noted that women have special value and should be harness by Africa, saying “Country who have grown in human capital index, then you find those countries women were very active they have truly occupied places in the societies.”

Also, executive director of Dangote Industries, Halima Aliko-Dangote said emphasized the need for equality gender in the country.

She said that in Dangote Group, we are ensuring that stereotypes is seriously eliminated, looking at our board we are having almost 50 per cent of women on the board member.

She also insisted that a bill promoting gender equality should be passed to be passed in enabling having fair represented of women in any organisation.

While wife of former British Prime Minister, Cherie Blair pointed out that people are a nation’s most valuable assets, saying that this leads to the reason of having gender equality across all of society.

She noted further that any country that persistently fails to engage and develop the potential of ‘half of its most valuable asset’ which is women will continue to underperform. 

She added that “We are making progress in this fight with increase in the number of women in the corporate world just like what we have in Nigeria.”

According to her, harnessing the incredible talents and potential of women is not only the right thing to do, it will also create stronger economies and a fairer society for all.

The Women Corporate Directors (WCD) Foundation Nigeria Chapter was launched last year. The foundation is a global membership organisation and community of women corporate directors, and committed, not just to good governance, but to governance with global vision.

Women Corporate Directors is the world’s largest membership organization and community of women corporate board directors.

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

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NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

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JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

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The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

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Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

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The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

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