Business

CIBN Partners Fintech Bodies To Promote Professionalism

Published

4 years ago

September 7, 2022

The Chartered Institute of Bankers of Nigeria has partnered FinTechNGR and Fintech Development and Advocacy Initiative in a tripartite agreement to promote professionalism and competencies in the financial sector of the economy.
Disclosing this recently, at a conference in Lagos, President of CIBN, Dr. Ken Opara, said it was the first time the institute was collaborating with two partners at once for the provision of certification.
“I consider today a unique day in the annals of the Institute. First, this is the first time the Institute is collaborating with two partners at once for the provision of a certification.
“Secondly, this is the first collaboration agreement to be executed during my tenure. This initiative is a further step towards the realization of the mandate of the institute to promote professionalism whilst enhancing knowledge and competencies in the financial services ecosystem”, he said.
He reiterated the determination of the organisation to be the bridge that will engender positive handshake among all the players in the sector through capacity building, programmes, trainings, content development and sound corporate governance policies.
Opara added, “Under this Agreement, the three institutions have come together to award Fintech certification which offers an excellent opportunity to bridge the tech talent gap and indeed further drive the implementation of the competency framework in the banking and finance industry in Nigeria”
He applauded the Central Bank of Nigeria (CBN) and the Bankers Committee for appointing the institute as the accreditation agency for the implementation of the competency framework.
Opara said the organisation was determined to make a success of the assignment, which, according to him, will lead to service delivery.
“It is therefore imperative for us to now translate this agreement from a commitment on paper to a reality. On this note, we will not rest on our oars till the commencement of the maiden edition of the examinations in April 2023.
“I want to assure you that the time between now and then will be used to undertake the development of the framework for the curriculum and examination, development of study packs, obtain the endorsement of the Central Bank of Nigeria and other relevant bodies and creation of awareness among the stakeholders,” Opara noted.
Also speaking, the President, FinTech Nigeria, Ade Bajomo, observed that both Fintech and the banking sector are partners.
While commending the CIBN for its commitment to deepen professionalism, Bajomo said there is distinction between banks and Fintech.
The Registrar/Chief Executive, CIBN, Dr ‘Seye Awojobi, noted that the signing of the tripartite agreement is a dream come true of the journey that commenced in 2017 as the institute desires technology to scale competence and professionalism.
He noted that without Fintech, the future is uncertain.

Business

RIVERS NDC STANDARD BEARER CAUTIONS AGAINST TRIBAL POLITICS IN 2027

Published

2 days ago

June 8, 2026

The Tide

Governorship candidate of The National Democratic Congress (NDC) in Rivers State, Chief Dumo Lulu-Briggs, has called on politicians and other stakeholders in the state not to make the governorship seat of Rivers State an ethnic agenda.

Chief Lulu-Briggs, who said this in an interview with newsmen shortly after arrival from Abuja, also blamed the alleged unenviable position of Rivers State among the comity of states in the country on the political class.

He said stakeholders must avoid a situation where the state would be plunged into another round of political crisis, adding that given the ethnic and cultural diversity of the state, it was necessary to give everyone a sense of inclusion by ensuring that the governorship seat rotates among the ethnic nationalities.

The NDC governorship flag bearer condemned the alleged intimidation of the electorate, noting that the situation has underdeveloped the state.

He said, if elected, his administration would provide the democratic dividends that will improve the lives of the people.

In a similar development, the state chairman of the National Democratic Congress (NDC) Rivers State, Mr Success Jack, says his party will run an all inclusive government in the state.

Mr Jack, who spoke to newsmen in Port Harcourt, promised that an NDC controlled government will always consult with the people before taking any decisions.

According to him, based on his party’s ideology of “Solid, Strong Accommodating”, the NDC offers hope to the hopeless and the downtrodden.

“We assure you that we are fully ready. Our party is a platform that is open to everybody whether APC or PDP, we offer hope. Our ideology is Solid, Strong, Accommodating. The manifesto of our party is anchored on the ideology of providing genuine service to the people”.

Mr Jack also stressed that the policies of an NDC government would be crafted in such a way and manner that serves the primary and secondary interests of the people.

“This is not what you find in other parties.What you find in other parties is utmost impunity, absolute impunity, where the people are not included, they are not consulted and so their opinion does not count, they don’t know what government wants to do because they didn’t contribute to what government wants to do.

“That’s not the case here. We listen to the people, even provide the way forward, (and) the details for the way forward because we provide the framework as a government but the people will provide the details because they are the ones that wear the shoes and they know where it pinches them”, he said.

By: John Bibor

Business

Navy Upgrades Infrastructure To Tackle Security Threats —— CNS

Published

2 days ago

June 8, 2026

The Tide

The Nigerian Navy says it is expanding its infrastructures and training to tackle emerging security threats

Navy also said the service is aimed at strengthening operational efficiency across formations and units nationwide.

Chief of Naval Staff, Vice Adm. Idi Abbas stated this during the inauguration of projects at the Nigerian Navy Basic Training School (NNBTS) in Onne, Rivers, as part of activities marking the Nigerian Navy’s 70th anniversary.

Represented by the Flag Officer Commanding, Naval Training Command (NAVTRAC), Rear Adm. Ebiobowei Zipele, Abbas said the projects reflected significant progress made by the Navy since its establishment in 1956 from the British Royal Navy.

“Training and infrastructure have improved significantly to meet contemporary security challenges and fulfil the Navy’s constitutional responsibilities.”

According to him, the anniversary provides the navy an opportunity to reflect on its achievements and contributions over the past seven decades.

Projects inaugurated included a remodelled female trainees’ hostel accommodating more than 500 occupants and an expanded golf course upgraded from one to nine holes.

Others facilities include the NNBTS fuel dump, Chief Boatswain’s Mate House, renovated pharmacy department and a new theatre block at the Naval Medical Centre, Onne.

Abbas described the new theatre as a major milestone for the navy’s medical services.

“Previously, injured personnel requiring surgeries were referred outside the facility.

With this theatre, surgeries can now be conducted within the base”, he said.

He added that a 30KVA inverter had also been installed to guarantee uninterrupted electricity supply at the training school.

The Naval chief assured officers, ratings and trainees that the Navy leadership remained committed to their welfare and wellbeing.

“These infrastructure upgrades show the commitment of the Chief of Naval Staff to addressing operational and welfare challenges promptly,” he said.

NAVTRAC also distributed educational materials to pupils of Community Primary Schools One and Two, Ogale, in Ebubu-Eleme area.

Items distributed included exercise books, school bags and other writing materials as part of the navy’s civil-military engagement initiative.

Zipele said the outreach was designed to strengthen relations between the navy and host communities while supporting children’s education.

“Education remains critical to national growth and youth empowerment. Some of these pupils may eventually serve in the Nigerian Navy,” he said.

He noted that the initiative demonstrated the navy’s commitment to educational development, peace, security and sustainable community relations.

Zipele urged the pupils to remain disciplined, focused and committed to their studies while embracing patriotism, integrity and hard work.

He thanked the Ebubu community for its continued support for the naval training command headquarters and the navy.

By: CHINEDU WOSU

Business

Airport Road Remains Only For Airport Activities —-Gov. Fubara

Published

2 days ago

June 8, 2026

The Tide

Rivers State Governor, Sir. Siminalayi Fubara says Airport road will soon be accessible only for Airport activities in the state.

The Governor said this recently while inspecting the level l0of construction work on the Igwuruta By-Pass Road project in Ikwerre Local Government Area.

The Governor who expressed optimism over the progress of work on the project, saying the By-pass road will reduced unrelated activities on the Airport area in the state.

Governor Fubara explained that the By-pass road was designed in collaboration with the host community to address accessibility concerns while preserving the operational integrity of the airport corridor.

“So, we liaised with the community and created this By-pass,” he stated.

The governor further clarified the objective of the road project, saying it would provide the residents with a dedicated access route separate from the airport operations.

“The purpose of the By-pass is so needful that the community can have this as their own way, their own entrance, while the airport will remain only for airport activity once these roads are completed,” he said.

Providing an update on the pace of work, Fubara disclosed that the project had already achieved a major milestone in execution.

“So far, they’ve done about 65% of the job,” the governor announced,

revealing that contractors handling the project had assured the state government of timely delivery.

He also expressed confidence that the bypass would be completed before October.

“They’re also promising that before October, the total project will be delivered,” he added.

By: Enoch Epelle