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Sterling Bank Launches MBN, Set To Showcase Made In Nigeria Products, Services At Maiden Fair



Sterling Bank Launches MBN, Set To Showcase Made In Nigeria Products, Services

…the two-day event is the perfect avenue for Nigerian businesses to showcase and promote their products on a global scale – Abubakar Suleiman

Olushola Okunlade Writes

As part of its commitment to the growth and development of Nigerian businesses and the economy, Sterling Bank Plc, Nigeria’s leading financial institution, has created the Made-By-Nigerians platform.

The Made-by-Nigerians platform is a community designed to showcase the best products and services made by Nigerians, at home and abroad.

The bank will hold a fair from the 23rd to the 24th of December 2022 to exhibit the best Nigerian-made goods to the highest international standards. Interested and enthusiastic exhibitors and patrons can visit to register for the fair.

Managing Director and Chief Executive Officer of the Bank, Abubakar Suleiman, disclosed at a press conference in Lagos that participants should expect a spectacle comprising physical and virtual exhibitions, workshops, discounts, freebies, huge deals, games, refreshments, and entertainment, among others.

Abubakar said the two-day event is the perfect avenue for Nigerian businesses to showcase and promote their products on a global scale by connecting buyers, sellers, and everyone in the supply chain in a fun and relaxed atmosphere.

Sterling Bank Launches MBN, Set To Showcase Made In Nigeria Products, Services
Left-Right: Oluwatobi Ajayi, Chairman, Nord Automobiles Limited; Ifedayo Agoro, Chief Executive Officer, Dang Lifestyle; Abubakar Suleiman, Managing Director and Chief Executive Officer, Sterling Bank Plc; Ibidapo Martins, Chief Marketing Officer, Sterling Bank Plc and Ehis Ero, Chief Executive Officer, Ero Crafted at the unveiling of Made by Nigerians press conference in Lagos recently.

He remarked that the bank is supporting the fair because it is on a mission to promote brands owned by Nigerians to help them build capacity, grow their businesses, and transform the Nigerian economic climate.

In his words: “We are passionate about growing the economy, and we believe this is one of the ways to do it.” He disclosed that over 300 merchants have registered on the platform and are ready to serve buyers with products of the highest quality.

The CEO also said the bank will support the businesses on the platform with access to professional services such as accounting, legal, and marketing, among others, in a bid to transform them from family-owned businesses into bankable entities that can attract professional employees, lending from banks, and new investors.

The press conference had chief executives of some of the most notable Nigerian brands, such as Ehis Ero of Ero Crafted, Mariam Animashaun of Tang Groo Food Company, Omovo Ayoola, Oluwatobi Ajayi of Nord Motors; Ahmed Akinsemoyin of Zorkle, Carla Sonjirin of Spa Melori, and Ifedayo Agoro of Dang! Lifestyle, in attendance.

They commended Sterling Bank for the initiative and expressed hope of collaborating with the lender to scale their operations.

MBN is a community for those who dare to dream. It is a hub that is accessible to every business within Nigeria and/or owned by Nigerians. Its focus is to help build and better position Nigerian brands to capture the growing global demand.


Transforming Transportation 2023: Accelerating Toward Green And Inclusive Mobility



Transforming Transportation 2023: Accelerating Toward Green & Inclusive Mobility

Today’s global challenges are putting serious pressure on transport systems. From climate change and COVID-19 to conflict and macroeconomic instability, what are the implications of the current context for transport, and for the people and businesses that rely on it?

How can we help the sector navigate these compounding crises? Can this be a starting point to reimagine transport and make it more inclusive, safe, sustainable, and efficient?

These are some of the key questions that we will be discussing with leaders and experts from around the world as we celebrate the 20th anniversary of our Transforming Transportation conference.

Join us live on March 14-15 and be a part of the global conversation!


March 14, 2023

8:30 – 10:00 a.m.  EST
Welcome address: Guangzhe Chen, Vice President for Infrastructure, World Bank and Ani Dasgupta, President & CEO, World Resources Institute
Opening Keynote: Bertrand Piccard, Serial Explorer and Environmentalist
Tour around the world: Mayors’ perspectives (Accra, Dhaka, Lima)

11:30 a.m. – 12:45 p.m. EST
Plenary session – Untangling Global Supply Chains: How to Make Green and Resilient Logistics a Reality

March 15, 2023

9:00 – 10:30 a.m. EST
Opening Keynote: Oleksandr Kubrakov, Deputy Prime Minister, Ukraine followed by Anna Bjerde, Vice President for Europe and Central Asia, World Bank
Plenary session – Resilient Transport: Navigating Climate Change, Conflict, and Disruptions


– Patrick Achi, Prime Minister, Republic of Côte d’Ivoire
– Oleksandr Kubrakov, Deputy Prime Minister, Ukraine
– Francois Bausch, Deputy Prime Minister, Minister for Mobility, Luxembourg
– Axel van Trotsenburg, Managing Director of Operations, World Bank
– Anna Bjerde, Vice President, Europe, and Central Asia, World Bank
– Guangzhe Chen, Vice President for Infrastructure, The World Bank
– Victoria Kwakwa, Vice President, Eastern and Southern Africa, World Bank
– Ani Dasgupta, President, and CEO, World Resources Institute
– Wayan Koster, Governor of Bali, Indonesia
– Elizabeth K. T. Sackey, Metropolitan Chief Executive, Accra, Ghana
– Atiqul Islam, Mayor of Dhaka, Bangladesh
– Bertrand Piccard, Serial Explorer, and Environmentalist

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How Diverse Leadership Teams Boost Innovation



Jumia Launches Quick Commerce Platform In Nigeria With 20 Minutes Delivery In Lagos

By Enitan Oyenuga, HR Director, Jumia Nigeria

As the business landscape continues to evolve, it’s becoming increasingly clear that diversity and inclusion are not just buzzwords but essential elements for success. Every company needs a leadership team that understands and connects with customers from different backgrounds to deliver the best possible service. Today, companies are scrutinising their leadership teams on various criteria beyond education and experience, and having a diverse leadership team has become a necessity to build a successful business that resonates with customers worldwide.

Importance of Leadership Diversity

In the workplace, diversity encourages inclusiveness, which fosters innovation. It welcomes and respects the diverse background of each employee. It also creates a positive, supportive, and respectful working environment that encourages all employees to engage and participate freely. The importance of diversity is perhaps well displayed by a quote from Justin Trudeau, the Prime Minister of Canada, “Diversity is the engine of invention; it generates creativity that enriches the world.”

A recent study conducted by McKinsey & Company found that companies with diverse leadership teams are 33% more likely to outperform their competitors in terms of financial performance. Moreover, they are also more likely to be innovative and adapt to changes in the market.

In addition, diversity is not simply a matter of creating a heterogeneous workforce but using it to create innovative products, services, and business practices that can set a company apart and give it a competitive advantage in the marketplace. By fostering diversity in the workplace, we are bringing together various perspectives, experiences, and ideas. When people from different backgrounds and cultures work together, they are more likely to approach problems and opportunities from different angles, which can lead to creative and innovative solutions.

A business culture that welcomes and supports employees with various perspectives is bound to boost problem-solving and increase productivity. Consequently, to benefit from workplace diversity, inclusion must be integrated deeply into its culture. This holds for leadership positions just as much as for entry and mid-level ones.

How Jumia Nigeria is Enabling Diversity

At Jumia Nigeria, we prioritise diversity and inclusion in all aspects of our business. Over the years, we have implemented policies and practices to ensure everyone in our organisation is treated fairly, and feels valued and supported. This is evident across our employee lifecycle from hiring through to exit.

At Jumia, one of our core values is letting the best people and ideas grow. As such, our hiring process is open and transparent ensuring all employees are aware of and have access to all available opportunities. For example, we have recently introduced 1-minute videos where hiring managers talk about their vacancies and invite employee applications.

Similarly, our training and development opportunities are open to all employees, regardless of their background or experience.

At Jumia Nigeria, we want to be a place where people can bring their best selves without fear of discrimination, where they feel like they belong and are an important part of the team. Providing safe spaces for employees to connect with each other and share feedback are some ways we achieve this; leveraging platforms like our Jumia Women’s Network, informal team events, town halls, and HR roadshows.

Our diversity and inclusion focus also requires that we reflect the incredibly diverse markets we serve. Our diversified clientele includes a substantial percentage of women as buyers and sellers. According to the IFC 2021 report on Women and E-Commerce in Africa, over 50% of our vendors are women entrepreneurs. Giving women visible platforms and opportunities is, therefore, a no-brainer. Building a company that sets the bar for advancing female visibility is essential for us. We are implementing these measures because Nigeria offers great opportunities to reduce this gap.

We are actively tracking gender diversity at Jumia, but we also understand that diversity is much more than this. Our ambition is to promote an inclusive culture that fosters a sense of belonging while boosting productivity.


Despite the many benefits of diverse leadership teams, many organisations still struggle to achieve diversity in their leadership ranks. This may be due to unconscious biases or a need for more diversity in the talent pipeline. To change this trajectory, organisations must be intentional in seeking out diverse candidates and creating an inclusive culture that values differences and provides equal opportunities for all.



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inDrive Strengthens Security With Bug Bounty Program Through HackerOne



inDrive Strengthens Security With Bug Bounty Program Through HackerOne

Global mobility platform allocates $120,000 toward cybersecurity program

inDrive, a global mobility and urban services platform, is launching a Bug Bounty program on HackerOne.

inDrive will pay specialists for each vulnerability they discover in inDrive applications or infrastructure, up to $6,000 per report, depending on severity level. $120,000 is allocated for the first year of the Bug Bounty program, which will cover all inDrive verticals, including inDrive Couriers, Freight, City to City, Services, and Jobs.

Vatclav Dovnar, Head of Product Security Department at inDrive: “At inDrive, safety is a top priority and cybersecurity initiatives are critical to ensure protection of personal user data. Whether you are riding with us, delivering a package, or looking for work, we want to make sure your sensitive data is protected throughout the entire experience. As external cyber threats evolve, we will continue to invest in perpetually improving our systems to maintain the most secure experience in the industry.”

In addition to the new HackerOne program, inDrive has such essential security measures as, for example, regular internal code audits and reviews of product architecture for security enhancements, scanning of the entire company infrastructure perimeter, and regular cybersecurity awareness activities across employees.

HackerOne is a platform where security researchers use cyberattack methods and tools to identify weaknesses in companies’ security systems. Companies use these findings to fix security breaches and stay ahead of cyber threats. Other HackerOne customers include General Motors, GitHub, Goldman Sachs, Google, Hyatt, Lufthansa, Microsoft, Nintendo, PayPal, Slack, Twitter, and Spotify.

Follow the link to learn more about inDrive’s Bug Bounty program.




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