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Sterling Records Success At FINTECH Awards

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Chief Executive Officer of Sterling Bank Plc, Mr. Abubakar Suleiman, has been awarded the Special Leadership Award at the 2022 edition of the Nigerian Fintech Awards held in Lagos. The Nigerian Fintech Awards is Nigeria’s biggest and most recognized fintech award and is dedicated to honoring excellence in financial technologies and services companies and products.
The organizers of the awards, Financial Technology Publication (FINTECH Africa), said Mr. Suleiman was awarded because of Sterling’s innovative contributions to financial technology, which have led to the growth of the industry over the years.
The awards provide public recognition for the achievements of fintech companies and products in categories, including payments, personal finance, wealth management, fraud protection, banking, lending, regulatory, and insurance tech, among others.
Sterling’s Chief Executive, who was also the keynote speaker at the awards ceremony, delivered a paper on the theme “Disruption,” saying disruption is such an impressive word, “But we forget one thing, that less than one out of every effort at disruption leads to emptiness.” He added that “99 percent of efforts at disruption either do not happen or result in personal loss.”
Suleiman observed that it is not every time that the desired results are obtained through disruption, noting that there is a need to think carefully about disruption because it is a double-edged sword and there is no part of it that suggests certainty about the outcome.
The CEO said most people tend not to be comfortable with change. “There are few people that thrive in disruption because the average human being just wants things to remain the way they are,” Suleiman said.
He, therefore, advised fintechs to change their perception about disruption because there is no certainty about its likely outcome, adding that the more comfortable one is, the less he is likely to want a change.
He noted that disruptors need to appreciate the value of partnerships and distribute risks. He also advised operators in the fintech space to be sure that their partners are those they need even though they are licensed to shake the table.

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JUST IN: President Tinubu, Shettima, Governors, Other VIPs To Pay Toll At Airports

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As part of the Federal Government drive to boost its revenue, the Federal Executive Council (FEC) has mandated that President Bola Tinubu, Vice President, Kashim Shettima, Governors and other dignitaries henceforth pay the required fees at tollgates whenever they use the nation’s airports.

The approval was made days after it was revealed that at least 82 percent of airport tollgate revenue is lost through non-paying Very Important Personalities (VIPs).

 

More to come…

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How Content Creator Was Shot Dead On Set In Abuja Over N2,000

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A fast-rising Nigerian content creator, Chidike Emmanuel, has been murdered by gunmen in Mpape, Abuja.

It was gathered that the skit maker was among six persons attacked by the gunmen last Saturday in the federal capital territory.

According to The Cable, source familiar with the incident said that Emmanuel was killed at the location of a project he was supposed to feature in.

The insider disclosed that the gunmen initially demanded money in order to allow them to shoot at the location.

The content creator was said to have given the armed men N2,000. However, what transpired that led to the shooting of the cast members remains unknown.

It was gathered some of the cast members who ran for safety suffered injuries.

Some users close to Emmanuel took to X to mourn the deceased while demanding justice.

“Chidike Emmanuel Obinna I have known you since 2018 You are such a calm and kind soul You couldn’t attend my wedding because you were far away but you sent me your gift #Justiceforchidi,” Helen wrote.

On her part, Rakeli added: “Obinna Chidike Emmanuel, please don’t die please. Pick my calls, reply my chat and tell me all that I am hearing is a lie. Biko I am loosing my mind”.

Efforts to reach Josephine Adeh, the FCT police spokesperson, to comment on the matter have been abortive.

Calls and messages to Adeh’s phone have not been responded to, as of the time of this report.

The development comes a few weeks after Junior Pope passed away after a boat accident on the River Niger in Asaba, Delta state.

The actor and some crew members were heading to a movie location when the boat accident occurred.

His family disclosed that the actor’s final rites will be held on May 17.

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Police Arrest Man ‘Strapped With Bomb’ Inside Bank In Plateau

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Security operatives have apprehended a man strapped with Person Borne Improvised Explosive Device (SPBIED) inside a bank in Plateau.

The individual was arrested at a bank in Dadin Kowa town, which is in Jos South LGA of the state, according to Zagazola Makama, a counter-insurgency journal that focuses on the Lake Chad region. According to the article, the incident happened on May 13.

Makama was informed by intelligence sources that the individual intended to set off the explosives at the bank, but a vigilante officer noticed him and alerted the authorities.

According to the publication, an enraged mob encircled the suspect after he was captured and demanded that he be murdered.

Makama could not confirm if the suspect is connected to the fighters of the Islamic State of West Africa Province (ISWAP).

The publication added that the suspect is in the custody of the police and currently undergoing investigation.

Nigeria has been battling insurgency for two decades, with suicide bombings, displacement of entire communities and kidnapping for ransom by the terrorists, recorded in that span.

The United Nations Children’s Fund (UNICEF) said about 83 children, mostly girls, were used as human bombs in 2017 alone.

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