Tealium’s Digital Velocity conferences return globally

The 10th annual flagship conference is hosted in San Diego, London, and Sydney, bringing together customers and partners from around the world

San Diego, June 04, 2024 (GLOBE NEWSWIRE) —  Tealium, the largest independent and most trusted customer data platform (CDP), is hosting three flagship Digital Velocity conferences in-person for customers and partners in North America, Europe, and Asia Pacific regions. This year’s theme, Welcome to the Real-Time Revolution: Where Moments Matter, will showcase how customer data can be used to enhance business and customer experience results, specifically in the areas of AI, privacy, and compliance.

“The experience economy is undergoing major shifts driven by the acceleration of AI and evolving global privacy regulations,” said Jeff Lunsford, CEO of Tealium. “Tealium’s real-time platform helps brands take customer experience initiatives to new heights. We enable companies to dazzle customers during their most pivotal moments through data-driven personalization and seamless digital experiences that prioritize trust and respect for consumer privacy. This year at Digital Velocity, we will be deep-diving into how we make that possible for the enterprises we serve globally, featuring use cases directly from our customers.”

Below are the schedules for Tealium’s 2024 Digital Velocity conferences:

This year, Tealium announces strategic investments in several areas as part of its commitment to innovation:

  • The Tealium Trust Platform: Tealium’s standardized and governed infrastructure for real-time data applications and increased observability to orchestrate compliant customer data flows. This is a culmination of advancements to Tealium’s user interface (UI), embedded analytics, integration marketplace, and more.
  • Real-Time Data: The Tealium Moments API and Tealium Moments IQ are just the start of the company’s zero- and first-party real-time data solutions. These features provide real-time insights in new and more flexible ways to own the moments that matter most.
  • Artificial Intelligence: Data readiness is the foundation for AI success. Tealium is investing heavily in existing and new AI-powered solutions for more intelligent insights.
    • Tealium Predict: DIY-style, machine learning technology for enhanced customer experience initiatives.
    • Tealium Genius: New AI assistant to boost productivity and support teams in better understanding their data layer.
    • Tealium for AI: Fuel AI models with consented, filtered, and enriched data in real-time.
  • Expanded Partnerships: Embrace stack composability to leverage customers’ existing and new partner integrations for a more centralized infrastructure.
    • Tealium’s Cloud Data Warehouse Partner Ecosystem: A collection of integrations to work in harmony with cloud data providers, like Snowflake.
    • Global Ad Partner Expansion: New integration capabilities to accelerate ad performance and measurement with Snap, Pinterest, LinkedIn, The Trade Desk, Reddit, and more.

Tealium is also continuing to innovate within highly-regulated industries and has now launched Tealium for Healthcare. This new suite of solutions supports healthcare companies in reimagining the patient experience, all while prioritizing HIPAA compliance. The solution includes the following features: consent management, identity resolution for unified customer views, and secure data routing to protect PHI across the entire customer journey, among others.

To learn more and register for a Digital Velocity event in your region, visit tealium.com/events.

To keep up with the latest company news, visit Tealium’s Newsroom.

About Tealium
As the most trusted CDP, Tealium connects data so businesses can better connect with their customers. Tealium’s real-time data infrastructure allows brands to power their AI models and activate data for enhanced in-the-moment experiences. Tealium’s turnkey integration ecosystem supports more than 1,300 built-in connections from the world’s most prominent technology experts. Tealium’s solutions include a real-time customer data platform with machine learning, tag management, an API hub, and data management solutions that make customer data more valuable, actionable, privacy-compliant, and secure. Named as a Leader in the Gartner® Magic Quadrant for Customer Data Platforms™, more than 850 leading businesses globally trust Tealium to power their customer data strategies. For more information, visit www.tealium.com.

Natalie Passarelli
Tealium Inc. 
3129650210
natalie.passarelli@tealium.com

GlobeNewswire Distribution ID 9148412

Fortrea Completes Divestiture of Endpoint Clinical and Patient Access Businesses to Arsenal Capital Partners

DURHAM, N.C., June 04, 2024 (GLOBE NEWSWIRE) — Fortrea (Nasdaq: FTRE) a leading global contract research organization (“CRO”), today announced it has completed the divestiture of assets relating to its Enabling Services segment, namely its Endpoint Clinical (“Endpoint”) and Fortrea Patient Access (“FPA”) businesses, to Arsenal Capital Partners (“Arsenal”), a leading private equity firm specializing in building market-leading, technology-rich healthcare and industrial growth companies.

Endpoint and FPA provide best-in-class Randomization and Trial Supply Management (RTSM) and patient access solutions respectively. They both represent strategically differentiated entry points within the pharmaceutical services value chain, where Arsenal holds significant domain, scientific and technical knowledge.

Arsenal has appointed Sam Osman, former president of Fortrea’s Enabling Services segment, to serve as chief executive officer of the new entities, and Raymond (“Ray”) H. Hill, an operating partner within Arsenal’s healthcare team, will serve as chairman of the board.

“Endpoint and FPA are distinctly positioned to support the patient journey across clinical trials and through access to novel therapeutics after approval,” said Sam Osman, chief executive officer of Endpoint and FPA. “With Arsenal as our partner, I am confident that both our businesses and our teams will benefit from accelerated growth opportunities as well as investment and executive focus, resulting in enhanced capabilities and solutions for customers.”

“The successful closing of this transaction is a testament to the caliber of the teams involved, who have planned a smooth transition for colleagues, customers and the patients we serve,” said Fortrea Chairman and CEO Tom Pike. “This transaction enables both organizations to focus their leadership and resources on delivering optimal solutions for our customers. As previously disclosed, the net proceeds from this divestiture will be used to reduce a portion of Fortrea’s overall debt structure. As a pure-play clinical CRO, Fortrea remains committed to our mission of delivering solutions that bring life-changing treatments to patients faster.”

Ray Hill, an operating partner of Arsenal and chairman of the board for Endpoint and FPA, said, “I am incredibly excited to be a part of Endpoint and FPA’s next chapter. I look forward to working with the management team in building a strategically important company that provides data-driven solutions for patients.”

Endpoint Clinical
Endpoint operates in the high growth eClinical market as a leading provider of Randomization and Trial Supply Management (RTSM) solutions to biopharmaceutical and CRO customers with expertise in serving complex and late-stage clinical trials. For more than 15 years, Endpoint has had a successful track record of effectively supporting more than 1,750 clinical trials involving 875,000 patients across 90 countries and has cultivated a blue-chip customer base and nurtured long-standing strategic relationships.

Fortrea Patient Access
Fortrea Patient Access is a scaled leader in the HUB services and patient access market, serving the biopharmaceutical industry with comprehensive patient support, product access, affordability and adherence solutions for more than 30 years. Further advanced by its recently expanded non-commercial specialty pharmacy, FortreaRx™, to support enhanced distribution of cold-chain and ambient free goods products, Fortrea Patient Access is committed to driving patient outcomes and improving healthcare accessibility through its extensive experience while currently supporting more than 2.5 million patients and over 100 unique brands across more than 25 disease indications.

About Arsenal Capital Partners
Arsenal Capital Partners is a leading private equity investment firm that specializes in building market-leading industrial growth and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds totaling over $10 billion, completed more than 300 platform and add-on acquisitions, and achieved more than 35 realizations. The firm works with management teams to build strategically important companies with leading market positions, high growth and high value-add.  For more information, visit www.arsenalcapital.com.

About Fortrea
Fortrea (Nasdaq: FTRE) is a leading global provider of clinical development solutions to the life sciences industry. We partner with emerging and large biopharmaceutical, biotechnology, medical device and diagnostic companies to drive healthcare innovation that accelerates life changing therapies to patients. Fortrea provides phase I-IV clinical trial management, clinical pharmacology and consulting services. Fortrea’s solutions leverage three decades of experience spanning more than 20 therapeutic areas, a passion for scientific rigor, exceptional insights and a strong investigator site network. Our talented and diverse team working in more than 90 countries is scaled to deliver focused and agile solutions to customers globally. Learn more about how Fortrea is becoming a transformative force from pipeline to patient at Fortrea.com and follow us on LinkedIn and X (formerly Twitter).

Cautionary Statement Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, including the timing of the use of net proceeds to repay a portion of the Company’s outstanding debt. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “guidance,” “expect,” “assume,” “anticipate,” “intend,” “plan,” “forecast,” “believe,” “seek,” “see,” “will,” “would,” “target,” similar expressions, and variations or negatives of these words that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results could differ materially from these forward-looking statements due to a number of factors, including, but not limited to factors described from time to time in documents that the Company files with the SEC. For a further discussion of the risks relating to the Company’s business, see the “Risk Factors” Section of the Company’s Annual Report on Form 10-K, as filed with the Securities and Exchange Commission (the “SEC”), as such risk factors may be amended or updated from time to time in the Company’s subsequent periodic and other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included or incorporated by reference in the Company’s filings with the SEC. All forward-looking statements are made only as of the date of this release, and the Company does not undertake any obligation, other than as may be required by law, to update or revise any forward-looking statements to reflect future events or developments.

Fortrea Contacts:
Hima Inguva (Investors) – 877-495-0816, hima.inguva@fortrea.com
Sue Zaranek (Media) – 919-943-5422, media@fortrea.com
Kate Dillon (Media) – 646-818-9115, kdillon@prosek.com

Arsenal Contact:

Ellen Pavlovsky – epavlovsky@arsenalcapital.com         

GlobeNewswire Distribution ID 9147983

WadzPay and Societe Miniere D’Investissement SA (SMI) Forge Strategic Partnership to Revolutionise Mining Asset Financing

The Collaboration for Digital Asset Tokenization to Boost Economic Empowerment in the Republic of the Congo

WadzPay and Societe Miniere D’Investissement SA (SMI) Forge Strategic Partnership to Revolutionise Mining Asset Financing
WadzPay Technologies Africa Pty Ltd, a leading global blockchain-based solutions provider for financial services, is excited to announce its strategic partnership with SMI, an investment and financing vehicle for mining related projects in the Republic of Congo. This collaboration aims to accelerate mining assets digitization, provide financial support to the MSME enterprises and foster economic growth in the region.

JOHANNESBURG, Africa, June 04, 2024 (GLOBE NEWSWIRE) — WadzPay Technologies Africa Pty Ltd, a leading global blockchain-based solutions provider for financial services, is excited to announce its strategic partnership with SMI, an investment and financing vehicle for mining related projects in the Republic of Congo. This collaboration aims to accelerate mining assets digitization, provide financial support to the MSME enterprises and foster economic growth in the region.

The partnership follows SMI’s mission to leverage its mining assets as collateral, enabling access to international financial markets for essential funding. WadzPay’s expertise in blockchain technology and digital asset management aligns seamlessly with SMI’s objectives, facilitating the tokenization of a portion of SMI’s mining assets.

“We are thrilled to embark on this transformative journey with SMI. By harnessing the power of blockchain technology, we aim to unlock new avenues of financing for the mining sector, driving sustainable economic growth and prosperity in the Republic of Congo.” – Mr. Anish Jain, Founder & Group CEO of WadzPay

WadzPay will provide below services under this partnership:

  1. Provide Secure Efficient Technology Platform for Tokenization: This includes converting economic value and ownership rights derived from SMI’s assets into digital tokens on blockchain.
  2. Management Services: In addition to providing its technology platform, WadzPay will offer management services including tokenomics, token pricing, token listing, marketing, and advisory services. These services are tailored to support SMI in achieving its fundraising objectives and fostering investor confidence.
  3. Exchange Services: Wadzpay will manage exchange services for primary and secondary markets.

M. Brice Gatse, Chief Executive Officer at SMI, stated: “For us, as an SME, the partnership with WadzPay represents the hope of an entire continent. Tokenization allows African states, most of which are engaged in programmes with the IMF and subjected to debt restrictions, to overcome barriers to investment. Tokenization offers these states the opportunity to use their natural resources as collateral to raise funds and finance extractive industries, which are sources of wealth creation and poverty alleviation. Through this innovative financial engineering, WadzPay is opening a new era for the financing of developing economies. It is also a way to democratise investment, as a wider range of people can now invest in mining, energy, and infrastructure projects that were previously reserved for large financial groups. This represents an opportunity that aligns with a multipolar, decentralised world enabled by Blockchain technology. We wish our collaboration a great success.”

To which Olivier Dipenda, Senior Vice President of Africa Market Development at WadzPay Technologies Africa Pty Ltd, expressed enthusiasm about the partnership, stating, “We are delighted to extend our solution proposal in alignment with SMI’s vision for economic empowerment through asset tokenization. This partnership signifies a significant step towards unlocking access to finance and fostering sustainable economic growth in the Republic of Congo.”

About SMI:

Societe Miniere D’Investissement SA (SMI) is a Republic of Congo registered company jointly owned by FIGA and Potash resources S.A. It functions as an investment vehicle for the financing of mining related project as well as the fund-raising vehicle for FIGA, an organisation created by the government of the Republic of Congo with the sole mandate of stimulating entrepreneurship by providing collaterals to SMEs.

About WadzPay:

WadzPay was founded in 2018 in Singapore with a commitment to drive financial inclusion and revolutionise the virtual asset financial services landscape. It is a leading global blockchain-based technology provider for virtual assets. The company’s innovative platform available as a SaaS offering provides secure, efficient, and transparent technology solutions, catering to businesses (B2B) and consumers (B2B2C). WadzPay works with large international companies, banks, and fintechs to enable virtual asset-based transaction processing, custody, and settlement. It operates across geographies spanning Asia Pacific, the Middle East, Africa, Europe, and the Americas.

For more information, visit www.wadzpay.com

Media Contact

Arijit Das

PR and Communications

arijit.das@wadzpay.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f8b09bb8-9ab7-4143-9c51-bb1072e38782

GlobeNewswire Distribution ID 9148314

WadzPay et Société Minière d’Investissement SA (SMI) signent un accord stratégique pour révolutionner le financement des actifs miniers en République du Congo

La Collaboration pour la Tokenisation des Actifs Numériques pour Stimuler l’Autonomisation Économique en République du Congo

WadzPay et Société Minière d’Investissement SA (SMI) signent un accord stratégique pour révolutionner le financement des actifs miniers en République du Congo
WadzPay et Société Minière d’Investissement SA (SMI) signent un accord stratégique pour révolutionner le financement des actifs miniers en République
WadzPay Technologies Africa Pty Ltd, un fournisseur mondial de solutions basées sur la blockchain pour les services financiers, est ravi d’annoncer son partenariat stratégique avec SMI, un véhicule d’investissement et de financement pour les projets liés à l’exploitation minière en République du Congo. Cette collaboration vise à accélérer la numérisation des actifs miniers, à fournir un soutien financier aux PME et à favoriser la croissance économique dans la région.

JOHANNESBURG, Afrique, 04 juin 2024 (GLOBE NEWSWIRE) — WadzPay Technologies Africa Pty Ltd, un fournisseur mondial de solutions basées sur la blockchain pour les services financiers, est ravi d’annoncer son partenariat stratégique avec SMI, un véhicule d’investissement et de financement pour les projets liés à l’exploitation minière en République du Congo. Cette collaboration vise à accélérer la numérisation des actifs miniers, à fournir un soutien financier aux PME et à favoriser la croissance économique dans la région.

Ce partenariat s’inscrit dans la mission de SMI d’utiliser ses actifs miniers comme garantie, permettant ainsi l’accès aux marchés financiers internationaux pour des financements essentiels. L’expertise de WadzPay en technologie blockchain et en gestion des actifs numériques s’aligne parfaitement avec les objectifs de SMI, faciliter la tokenisation d’une partie des actifs miniers de SMI.

“Nous sommes ravis d’entamer ce parcours transformateur avec SMI. En exploitant la puissance de la technologie blockchain, nous visons à ouvrir de nouvelles avenues de financement pour le secteur minier, stimulant ainsi une croissance économique durable et la prospérité en République du Congo.” – M. Anish Jain, Fondateur et PDG de WadzPay

WadzPay fournira les services suivants dans le cadre de ce partenariat :

  1. Fournir une Plateforme Technologique Sécurisée et Efficiente pour la Tokenisation : Y compris la conversion de la valeur économique et des droits de propriété dérivés des actifs de SMI en tokens numériques sur la blockchain.
  2. Services de Gestion : En plus de fournir sa plateforme technologique, WadzPay offrira des services de gestion, y compris la tokenomie, la tarification des tokens, la cotation des tokens, le marketing et les services de conseil. Ces services sont conçus pour aider SMI à atteindre ses objectifs de levée de fonds et à renforcer la confiance des investisseurs.
  3. Services d’Échange : WadzPay gérera les services d’échange pour les marchés primaires et secondaires.

M. Brice Gatse, Directeur Général de SMI, a déclaré : “Pour nous, en tant que PME, le partenariat avec WadzPay représente l’espoir de tout un continent. La tokenisation permet aux États Africains, dont la plupart sont engagés dans des programmes avec le FMI et soumis à des restrictions de dette, de surmonter les obstacles à l’investissement. La tokenisation offre à ces États l’opportunité d’utiliser leurs ressources naturelles comme garantie pour lever des fonds et financer les industries extractives, sources de création de richesse et de réduction de la pauvreté. Grâce à cette ingénierie financière innovante, WadzPay ouvre une nouvelle ère pour le financement des économies en développement. C’est également une façon de démocratiser l’investissement, car un plus grand nombre de personnes peuvent désormais investir dans des projets miniers, énergétiques et d’infrastructure auparavant réservés aux grands groupes financiers. Cela représente une opportunité qui s’aligne avec un monde multipolaire et décentralisé permis par la technologie Blockchain. Nous souhaitons à notre collaboration un grand succès.”

Olivier Dipenda, Vice-Président Senior du Développement du Marché Africain chez WadzPay Technologies Africa Pty Ltd, a exprimé son enthousiasme concernant ce partenariat, déclarant : “Nous sommes ravis d’étendre notre offre à SMI en alignement avec sa vision axée sur l’autonomisation économique basée sur tokenisation des actifs. Ce partenariat marque une étape significative vers l’accès au financement et la promotion d’une croissance économique durable en République du Congo.”

À propos de SMI :

Société Minière d’Investissement SA (SMI) est une société enregistrée en République du Congo, conjointement détenue par FIGA et Potash Resources S.A. SMI est a pour objectif attirer des investissements pour le financement de projets miniers ainsi que pour le FIGA, une organisation créée par le gouvernement de la République du Congo avec pour seul mandat de stimuler l’entrepreneuriat en fournissant des garanties aux PME.

À propos de WadzPay :

WadzPay a été fondée en 2018 à Singapour avec l’engagement de favoriser l’inclusion financière et de révolutionner le paysage des services financiers pour les actifs virtuels. C’est un fournisseur mondial de technologie basée sur la blockchain pour les actifs virtuels. La plateforme innovante de l’entreprise, disponible en tant qu’offre SaaS, fournit des solutions technologiques sécurisées, efficientes et transparentes, répondant aux besoins des entreprises (B2B) et des consommateurs (B2B2C). WadzPay collabore avec de grandes entreprises internationales, des banques et des fintechs pour permettre le traitement des transactions basées sur les actifs numériques, leur conservation et la compensation. WadzPay opère dans des plusieurs régions couvrant l’Asie-Pacifique, le Moyen-Orient, l’Afrique, l’Europe et les Amériques.

Pour plus d’informations, visitez www.wadzpay.com

Cellule de communication

Arijit Das

Medias and Communications

arijit.das@wadzpay.com

Une photo accompagnant ce communiqué est disponible au : https://www.globenewswire.com/NewsRoom/AttachmentNg/f8b09bb8-9ab7-4143-9c51-bb1072e38782/fr

GlobeNewswire Distribution ID 9148314

IT News Africa Announces Digital Finance Africa 2024: A Crucial Summit for FinTech Innovation

JOHANNESBURG, South Africa, June 04, 2024 (GLOBE NEWSWIRE) — Africa’s financial sector gears up for IT News Africa’s highly anticipated Digital Finance Africa 2024 conference, scheduled for July 4th at the prestigious Maslow Sandton. Under the theme “Empowering Africa’s Financial Future: FinTech Innovations for Inclusive Growth,” this year’s event promises a day of strategic insights and networking opportunities.

Abe Wakama, CEO of IT News Africa, highlighted the significance of this gathering, stating, “Digital Finance Africa 2024 is more than just a conference; it’s a pivotal gathering for Africa’s financial sector. As we convene on July 4th in Johannesburg, we’re not only addressing critical challenges but also exploring the vast opportunities within banking and FinTech across the continent. This event isn’t merely beneficial – it’s essential for anyone invested in Africa’s economic growth. Join us to navigate challenges, seize opportunities, and shape the future of finance in Africa.”

Expert Speakers and Thought Leaders:

Digital Finance Africa 2024 boasts an impressive lineup of speakers, including industry stalwarts such as Coen Jonker (CEO and Founder, Tyme Bank), Frank Rizzo (Chief Design Officer, Discovery Bank), and Keneilwe Gwabeni (Group CIO, Assupol). The roster also includes executives from leading financial institutions and innovative startups, ensuring a comprehensive exploration of key topics shaping Africa’s financial landscape.

Key Topics and Agenda Highlights:

The conference agenda features thought-provoking sessions covering a wide range of topics, including navigating cybersecurity risks, the role of AI in banking, and the future of cryptocurrencies in Africa. Panel discussions and presentations will delve into pressing issues such as scaling and profitability challenges in African FinTech, capital constraints, and the evolving role of central banks in shaping a digital economy.

Discount Offer for Limited Period:

For a limited period, attendees can avail themselves of a 25% discount on registration fees by using the coupon code DFA@25OFF. This offer presents a valuable opportunity for industry professionals to engage with experts, network with peers, and gain insights into the latest trends and innovations in African FinTech.

Who Should Attend and Sponsor:

Digital Finance Africa 2024 is tailored for IT decision-makers in banking, FinTech entrepreneurs, financial regulators, technology service providers, and industry analysts. The event also offers sponsorship and exhibition opportunities for companies seeking to showcase innovative products and solutions, positioning themselves as leaders in the African FinTech landscape.

Join the Conversation:

Attendees can expect a dynamic day filled with informative sessions, engaging discussions, and valuable networking opportunities. By participating in Digital Finance Africa 2024, stakeholders will play a crucial role in shaping the future of finance in Africa.

For more information about the conference, registration, and sponsorship opportunities, visit www.digitalfinanceafrica.co.za.

Media Contact:

Nonhlanhla Kunene
Marketing Coordinator
events@itnewsafrica.com
+27 11 026 0982
@itnewsafrica
#DigitalFinanceAfrica

GlobeNewswire Distribution ID 1000964416

IXOPAY Nomeia Brady Harris para CEO para Impulsionar o Crescimento dos Pagamentos Globais

Após a fusão da IXOPAY com a TokenEx, nova liderança fortalece a posição da empresa no mercado, atendendo às necessidades em evolução dos clientes

TULSA, Oklahoma, June 03, 2024 (GLOBE NEWSWIRE) — A IXOPAY anunciou hoje a nomeação do veterano da indústria Brady Harris como seu novo CEO. Sua nomeação está alinhada com a recente fusão da IXOPAY com a TokenEx, destacando uma mudança significativa no setor de pagamentos para um modelo de pagamento com vários processadores, viabilizando que os comerciantes e empresas de fintech possam aprimorar e diversificar suas estratégias de pagamento. A empresa agradece ao CEO Marc Olesen por sua direção e contribuições.

Harris, classificado como um dos 3 principais CEOs nacionais da Glassdoor, tem mais de 20 anos de experiência e liderança executiva em FinTech, Pagamentos e SaaS. Como CEO da Dwolla, ele supervisionou o rápido crescimento dos volumes anuais de pagamentos de US $ 10 bilhões para US $ 70 bilhões, adicionando 1,5 milhão de novos usuários mensalmente. Antes da Dwolla, como presidente da Payscape, ele foi fundamental na sua fusão com a Payroc, na criação de um provedor global de serviços completos de pagamento com mais de 1.000 funcionários em 13 escritórios em todo o mundo. A nova empresa opera em 46 países, atendendo 150.000 empresas.

Sua experiência em fusões, aquisições e escalonamento de empresas para saídas bem-sucedidas sob patrocinadores de private equity é fundamental, pois a IXOPAY está posicionada para se tornar a solução completa do setor de pagamentos. A fusão criou uma plataforma com capacidade para oferecer tokenização de omnicanal, orquestração de pagamentos e gerenciamento de ciclo de vida dos cartões. A fusão aborda a necessidade de redundância, expansão geográfica e recursos de negociação de taxas que os sistemas de processador único não oferecem.

“A tecnologia de pagamentos está avançando rapidamente e a IXOPAY está pronta para liderar essa evolução”, disse Harris. “A integração de tokenização e orquestração nos permite oferecer uma plataforma que, além de dar suporte ao processamento de vários pagamentos, também incentiva o desenvolvimento de serviços inovadores.”

“Sob a liderança de Brady, a IXOPAY está pronta para estabelecer novos benchmarks no setor de pagamentos”, disse Vik Verma, Presidente do Conselho de Administração. “Nossa estratégia audaciosa enfatiza a escalabilidade, a segurança e os avanços inovadores que redefinirão o que os pagamentos podem alcançar.”

Harris e a equipe da IXOPAY estão participando da Money 20/20 Europe em Amsterdã esta semana. Eles apresentarão as ofertas expandidas após a fusão, incluindo os avanços na orquestração de pagamentos, tokenização, gerenciamento de riscos e gerenciamento do ciclo de vida do cartão. Junte-se a eles no RAI Amsterdam no estande 8a202 para ver como esses desenvolvimentos moldarão o futuro dos pagamentos dos comerciantes.

Para mais informações, contate:
Nicholas Mueller
SVP, Marketing
n.mueller@ixopay.com

Sobre a IXOPAY
A IXOPAY, uma empresa TokenEx, é uma plataforma líder em orquestração de pagamentos que fornece uma solução de pagamento flexível e independente para o gerenciamento de todos os serviços de pagamento em um só lugar. Após sua recente fusão com a TokenEX, a IXOPAY está posicionada para expandir seus serviços globalmente, oferecendo recursos aprimorados no processamento de pagamentos e medidas avançadas de segurança.

Foto deste comunicado disponível em https://www.globenewswire.com/NewsRoom/AttachmentNg/2750a812-2a7a-420b-82b4-614b2f1eeb5c

GlobeNewswire Distribution ID 9147996

IXOPAY nomme Brady Harris au poste de PDG en vue de stimuler le développement de ses solutions de paiement à l’échelle mondiale

À la suite de la fusion entre IXOPAY et TokenEx, la nouvelle direction renforce la position de l’entreprise sur le marché pour répondre aux besoins en perpétuelle évolution de ses clients

TULSA, État d’Oklahoma, 03 juin 2024 (GLOBE NEWSWIRE) — IXOPAY annonce accueillir ce jour l’éminent et très expérimenté Brady Harris au poste de PDG. Cette nomination coïncide avec la récente fusion entre IXOPAY et TokenEx, et marque une nette transition dans le secteur des paiements. Cette évolution repose sur une approche multi-processeurs permettant aux commerçants et aux acteurs de la fintech de relever et diversifier leurs stratégies de paiement. L’entreprise adresse ses remerciements au PDG sortant, Marc Olesen, pour sa direction et toutes ses contributions.

Selon Glassdoor, Monsieur Harris se distingue parmi les trois meilleurs PDG des États-Unis. Il apporte plus de 20 ans d’expérience et de leadership de direction dans les domaines de la fintech, des paiements et des solutions SaaS. Alors PDG de Dwolla, il a piloté l’essor des volumes de paiements annuels, les faisant passer de 10 milliards à 70 milliards de dollars, tout en enregistrant 1,5 million de nouveaux utilisateurs chaque mois. Avant de rejoindre Dwolla, il a présidé Payscape, et son rôle s’est avéré déterminant dans sa fusion avec Payroc, qui a donné naissance à un fournisseur de services de paiement d’envergure mondiale employant plus de 1 000 collaborateurs au sein de 13 bureaux répartis travers le monde. En unissant leurs forces, ces deux entreprises ont mis au monde une structure opérationnelle au service de 150 000 sociétés dans 46 pays.

À l’heure où IXOPAY cherche ses marques pour se positionner en tant que fournisseur d’une solution tout-en-un sur le marché des solutions de paiement, l’expertise de Brady Harris en matière de fusions et acquisitions et de développement d’entreprises jusqu’à les faire sortir avec succès de la tutelle de leurs sponsors en capital-investissement s’avère fondamentale. La fusion entre IXOPAY et TokenEx a donné le jour à une plateforme capable de proposer à la fois une tokenisation omnicanale et une synchronisation des paiements, mais aussi une gestion du cycle de vie des cartes. Cette fusion répond aux exigences de prolixité, d’expansion géographique et de capacités de négociation des frais, inexistantes du côté des systèmes à processeur unique.

Pour Monsieur Harris, « La technologie applicable aux paiements évolue rapidement, et IXOPAY entend servir de locomotive dans ce parcours. L’intégration de la tokenisation et de la synchronisation nous permet de proposer une plateforme qui, au-delà de prendre en charge le traitement multi-paiements, favorise également le développement de nouveaux services. »

« Sous la direction de Brady, IXOPAY est à même d’établir de nouveaux standards applicables au secteur des paiements », remarque Vik Verma, président du conseil d’administration. Et d’ajouter : « Notre ambitieuse stratégie se focalise sur la mise à l’échelle, la sécurité et les avancées révolutionnaires qui redessineront les contours de ce que les paiements peuvent atteindre. »

Monsieur Harris et l’équipe d’IXOPAY participent à l’événement Money 20/20 organisé cette semaine à Amsterdam. Ensemble, ils auront l’occasion de présenter les offres complémentaires issues de la fusion, notamment les avancées en matière de synchronisation des paiements, de tokenisation, de gestion des risques et de gestion du cycle de vie des cartes. Nous vous invitons à les rejoindre au stand 8a202 du complexe RAI d’Amsterdam pour découvrir comment les développements évoqués dans le présent communiqué façonneront l’avenir des paiements pour les commerçants.

Pour tout complément d’information, veuillez contacter :
Nicholas Mueller
Vice-président directeur du Marketing
n.mueller@ixopay.com

À propos d’IXOPAY
IXOPAY, une société du groupe TokenEx, est l’opérateur d’une plateforme indépendante et flexible dédiée à la synchronisation des paiements, assurant la gestion de tous les services de paiement sous un seul toit. À la suite de sa récente fusion avec TokenEx, IXOPAY est en mesure de développer ses services à l’échelle mondiale en proposant des capacités améliorées en matière de traitement des paiements, mais aussi des protocoles de sécurité avancés.

Une photo accompagnant le présent communiqué est disponible à l’adresse suivante : https://www.globenewswire.com/NewsRoom/AttachmentNg/2750a812-2a7a-420b-82b4-614b2f1eeb5c

GlobeNewswire Distribution ID 9147996

Afreximbank begins development of export quality assurance centre in Imo


The African Export-Import Bank (Afreximbank) has begun the development of its African Quality Assurance Centre (AQAC) in Imo to ensure quality of export products.

Prof. Benedict Oramah, President of the bank’s board of directors, said this at the official launch of the AQAC, in the Ngor Okpala council area of Imo, on Monday.

Oramah, represented by the bank’s Executive Vice-President, Intra-African Trade and Export Development, Mrs Kanayo Awani, said that the centre was the second of its kind in Nigeria.

The president explained that the AQAC would promote African trade in line with the African Continental Free Trade Agreement.

According to him, although Africa’s export products represent only 30 per cent of exports in Europe and America, the products can hardly meet global standards, and have, therefore, suffered inhibited access to the global market.

‘With a cargo airport and abundant export products such as agricultural, textile, pharmaceutical and automotive, among others, Imo has the potential to beco
me a major international export hub in Nigeria,’ he said.

He thanked the bank’s technical partners, the Bureau Veritas; the African Organisation for Standardisation, and the Imo government for their support and collaboration which saw the project to fruition.

‘Africa loses an estimated $700m yearly at the export market due to inability to meet global standards, but the Afreximbank is working on accredited facilities for quality assurance and promotion of export trade.

‘This gathering is a testament that our strong political will backed by capital from Africa, represent a powerful force and our best chance as a people to achieve economic emancipation.

‘We are, therefore, pleased at the Afreximbank to announce the commencement of the AQAC project development in Imo to serve the people of Imo, Nigeria and the Gulf of Guinea,’ he said.

African Export-Import Bank (Afreximbank) begins the development of African Quality Assurance Centre (AQAC) in Imo

Also, Gov. Hope Uzodinma of Imo, thanked the bank for choosi
ng Imo as a ground for ‘providing home grown solutions to the challenges of export business confronting the African continent ‘.

He added that the project aligned with the Nigerian National Development Plan, and pledged his commitment to job creation through stimulation of the economy for a more productive life for Imo people.

‘We thank you for including Imo in the global map.

‘We assure you that with 64 nautical miles to the high sea, your decision to site this project in Imo will be justified through a viable Return on Investment (ROI), and our necessary support for your seamless operation’, he said.

Earlier, the bank’s Director of Export Development, Mrs Dorothy Oluwaji, restated the bank’s commitment to the strategic initiative, and thanked Uzodinma for his tenacity, drive, support and vision to make Imo an international export hub.

The News Agency of Nigeria (NAN) reports that the highlight of the event was the official unveiling of the project module.

Source: News Agency of Nigeria

Gaming for Good: How Video Games Are Making a Positive Impact on Society


In a world where entertainment options are vast and varied, video games have carved out a significant niche, captivating millions across the globe. While traditional gambling activities like blackjack betting continue to draw interest, the rise of video games has not only transformed how we play but also how we impact society.

Once dismissed as mere pastimes or, worse, distractions, video games have evolved into powerful tools for positive change, influencing various aspects of society in unexpected and beneficial ways.

The Educational Power of Video Games

One of the most profound impacts of video games is in the realm of education. Educational video games have become a staple in classrooms and homes, offering interactive and engaging ways for children to learn complex subjects.

Games like ‘Minecraft: Education Edition’ and ‘Civilization VI’ teach critical thinking, problem-solving, and historical knowledge in a manner that textbooks often fail to achieve. The interactive nature of video games fosters a h
ands-on learning environment, allowing students to experiment and explore concepts in a safe and controlled setting.

Moreover, video games have proven effective in teaching STEM (Science, Technology, Engineering, and Mathematics) skills. Titles such as ‘Kerbal Space Program’ and ‘CodeCombat’ offer players the chance to delve into the intricacies of physics, coding, and engineering. By presenting these subjects in an engaging format, video games help to demystify complex topics and inspire the next generation of scientists, engineers, and innovators.

Video Games as Therapeutic Tools

Beyond education, video games have found a significant role in therapy and mental health. The therapeutic potential of video games is increasingly recognized by psychologists and medical professionals.

Games like ‘SuperBetter,’ designed by game designer Jane McGonigal, use game mechanics to help players cope with stress, anxiety, and depression. The game encourages users to complete small tasks and challenges, promoting resilie
nce and a sense of accomplishment.

Furthermore, virtual reality (VR) games are being used to treat phobias, PTSD (Post-Traumatic Stress Disorder), and other mental health conditions. VR therapy allows patients to confront their fears in a controlled environment, gradually reducing their anxiety through repeated exposure.

This innovative use of gaming technology is opening new avenues for treatment and providing relief for many individuals who struggle with mental health issues.

Social Impact and Community Building

Video games have also become powerful tools for social change and community building. Online multiplayer games like ‘Fortnite,’ ‘World of Warcraft,’ and ‘Animal Crossing: New Horizons’ create virtual communities where players from around the world can connect, collaborate, and build friendships. These games foster a sense of belonging and camaraderie, bridging cultural and geographical divides.

Additionally, video games have been used to raise awareness and funds for various causes. Charity gam
ing events, such as Extra Life and Games Done Quick, have raised millions of dollars for hospitals, disaster relief, and other charitable organizations.

Streamers and gaming influencers often leverage their platforms to promote social causes and mobilize their audiences for good. The gaming community’s collective effort has demonstrated the significant impact that video games can have in supporting and advancing social causes.

Promoting Physical Health

Contrary to the stereotype of gamers being sedentary, the advent of motion-controlled games and fitness-oriented titles has encouraged physical activity. Games like ‘Ring Fit Adventure,’ ‘Just Dance,’ and ‘Beat Saber’ combine gaming with exercise, making physical fitness fun and accessible.

These games offer a range of workouts, from cardio to strength training, and are particularly appealing to those who may find traditional exercise routines monotonous or intimidating.

The integration of gaming and physical health has also led to innovative solutions for
rehabilitation. Physical therapists are increasingly using video games to help patients recover from injuries or surgeries.

These games provide an engaging way for patients to perform repetitive exercises, tracking progress and adjusting difficulty levels to match their recovery stages. This gamified approach to rehabilitation enhances patient motivation and compliance, leading to better outcomes.

Economic Contributions

The video game industry itself has become a major economic force, contributing significantly to job creation and economic growth. Game development studios, eSports tournaments, and gaming-related merchandise generate billions of dollars annually. The industry supports a wide range of careers, from game designers and programmers to marketers and event organizers.

Moreover, eSports has emerged as a lucrative career path for professional gamers. These players compete in international tournaments, earning substantial prize money and sponsorship deals. The popularity of eSports has also led to
the creation of new infrastructure, including dedicated eSports arenas and training facilities, further boosting local economies.

While activities like Blackjack Betting have long been associated with entertainment and risk, video games have transcended traditional notions of play to become powerful agents of positive change. From education and therapy to community building and economic contributions, video games are making a tangible impact on society.

As technology continues to evolve, the potential for video games to drive social good will only expand, offering exciting possibilities for the future. Whether through enhancing learning experiences, promoting mental and physical health, or fostering global communities, video games are proving that they are much more than just a source of entertainment-they are a force for good.

Source: News Agency of Nigeria

Junkanoo festival: Country rep. advocates peace to drive Nigerian culture


Amb. Felix Ihonre, Nigeria’s Country Representative for World Junkanoo Foundation and World Carnival Commission, has called for peace in order to drive Nigeria’s cultural heritage and harness its potential.

Ihonre made the call in Abuja on Monday at a news conference on the upcoming World Junkanoo Festival for Tourism and Culture, scheduled to hold in Vaughan City, Canada, from July 4 to 8, 2024.

The country representative, who said that the culture and tourism activities only thrived in a peaceful society, urged the government at all levels to intensify efforts in their fight against terrorism, kidnaping and other vices.

‘I will like to say that since the inception of President’s Bola Ahmed Tinubu’s administration, there had been a promotional atmosphere of culture and tourism activities in all parts of the country.

‘And there is need to intensify the activities to make sure that culture thrives but I will tell you that culture and tourism activities cannot thrive in the mix of terrorism.’

Ihonre added
that the cultural activities could not thrive in the mix of violence atmosphere, hunger and poverty.

‘That is why today we are happy to say that this present administration has really come up to say we want to fight terrorism and kidnapping. We want to fight every thing that serves as detriment to our cultural heritage.

‘The first aspect of our cultural heritage is agriculture and farming. Food security becomes a problem in the country today because there is violence every where.

‘Where farmers are supposed to go to farm, they are deprived to farm. This is why we are calling on both federal and state governments to intensify efforts in their fight and approach to reduce or eradicate completely the act of terrorism and kidnapping.

‘Herdsmen/farmers crisis should be removed completely. I happen to come from Niger Delta and when there was crisis from Niger Delta, we stood by the then government and we embraced peace in NIger Delta.

‘That was why Nigeria started to get good proceeds from the oil that is sus
taining the country today. If the Niger Delta youths that have oil are saying yes to peace, northern youths should also embrace peace.’

He called on northern youths to end violence situation in the north, adding that they have capacity to do it.

According to him, when the youths work with this present administration, peace will reign and we will have more foods.

‘I will tell you today that I happened to be somebody who grew up in Makurdi, Benue State. Yam happened to be one of our favourite foods, the so called ‘Opa’ happened to come from Benue, fruits and tomatoes that are feeding this country came from Benue State.

‘But today, there is violence in Benue State. There is violence in Edo, Maduguri and Bauchi and the rest. Why don’t we call it short and sheath the guns, machetes and fear situation in the area.

‘We are saying this because we want the next World Junkanoo festival to be hosted by Nigeria and we cannot host this programme, if there is no peace in this country.

‘The whole world will not want t
o come to Nigeria if there is no peace in this country.’

The country representative said the upcoming Junkanoo festival would provide investment opportunities for Nigeria, saying that Nigeria’s cultural heritage would be showcased to attract people living abroad to invest in the country.

‘The festival will provide us opportunities to have our pavilion and showcase Nigerian cultural heritage. This will attract many investors to come and invest in culture, tourism, sports and other sectors of Nigerian economy.’

Source: News Agency of Nigeria

W/Africa’s future millionaires ‘ll emerge from startups- experts


Some West African stakeholders are upbeat about the prospects of business startups growing up to become big companies owned by business moguls, complementing today’s major industry players as employers of labour.

They expressed this optimism in separate interviews with the News Agency of Nigeria (NAN) at a preparatory meeting ahead of the second West African startup awards scheduled to hold later in the year.

‘Startups are supposed to be unicorns and they’ve dovetailed into becoming future employers of businesses, huge ones.

‘They’re not SME’s, but businesses that will have both continental and regional impact.

‘We’re trying to build up young ones so that they can go into complementing the current business moguls.

‘Those business moguls, who are even the ones to mentor them now, so that they also grow up to do the same things that the big ones are doing.

‘So, for me, I think it’s a step in the right direction to create businesses,’ ECOWAS Ag.Director, Private Sector, Anthony Elumelu said.

According to
Guinea Bissau’s Cesaltina Tavares, Communications Officer, ECOWAS Bank for Investment and Development (EBID) Lomé, Togo, the sky is the limit for the growth of startups.

Tavares said that explained why EBID was prepared to give tremendous financial support to select startups, to enable them to achieve their dreams and boost the ECOWAS private sector.

‘My take in this event is that the startups really need institutions like us to improve the work they are doing already.

‘They are not just businesses. Startups for private sector is a dream.

‘So, on this note, we are here to support them with all our financial power.

‘So that we can improve the ECOWAS private sector. I believe that this is just the way forward,’ Tavares said.

Also speaking, Chinenye Akandu, Partnerships Executive of The Tony Elumelu Foundation, said that it was in realisation of the great potentials of startups that the foundation came to their rescue.

She disclosed that the foundation had doled out a whooping $100 million to identify, t
rain, mentor and fund 10,000 young african entrepreneurs over a period of ten years.

‘In terms of the collaboration between ECOWAS and other organisations in support of startups and entrepreneurs in West Africa.

‘I believe entrepreneurship and startups are like the life wire, the lifelong economic growth and development on the continent.

‘We at the Tony Elumelu Fondation are at the forefront in terms of supporting these young African entrepreneurs.

‘We believe that private sectors have a huge role to play in terms of economic development and social welfare across the continent. So entrepreneurship to us is the baby.

‘We believe that they have a crucial role to play on the continent and everything in terms of economic growth and development, entrepreneurship is the number one.

‘They are the live wire. They are the live blood. They are the seeds that you plant, and they are the seeds that will germinate and bring forth growth and development on the continent.

‘So, first of all, we started with $100 milli
on commitment to identify, train, mentor and fund 10,000 young African entrepreneurs over a period of ten years.

‘And we are actually in our 10th year of the program, the 10th cycle, and we’ve been able to empower and fund over 20,000 young African entrepreneurs,’ she said.

Michael Oyeyiola, Ecobank Manager, FCT and Northern Nigeria, said that buoyed by the potential of startups to boost West Africa’s economy, the bank had helped the ecosystem by way of their mentoring and capacity building.

‘We were deeply involved in the first part of this program, where we supported the ecosystem in terms of executing this program, financially and otherwise.

‘A significant role we actually played was also in terms of the mentoring and capacity development of those people.

‘Resourcing is one, but also helping those individuals to be able to navigate necessary partnerships, is necessary,’ he said.

Source: News Agency of Nigeria

Economist decries revocation of Heritage Bank by CBN


An Economist, Mr Abba Adaudu, has decried the revocation of the licence of Heritage Bank by the Central of Nigeria (CBN) due to a breach of banking regulations.

Adaudu, who is also a financial consultant, spoke with the News Agency of Nigeria (NAN) on Tuesday in Abuja.

He said that the revocation of the bank’s licence would have adverse effects as all its customers would flood the bank’s offices nationwide to collect their deposits.

According to him, the revocation of the licence of the bank has multiplier effects on the economy as many staff of the bank will lose their jobs and will again be thrown to the labour market.

Adaudu said that the revocation would have a lot of negative effects on the banking system as many people might be afraid to put their money in the bank.

NAN reports that the CBN on Monday revoked the banking licence of unlisted lender Heritage Bank Plc due to a breach of banking regulations.

According to CBN, the bank has continued to suffer and has no reasonable prospects of recovery;
thereby making the revocation of the licence the next necessary step.

The central bank said its action followed a period of engagement with the bank where it prescribed various supervisory steps intended to stem a decline in Heritage’s performance.

Adaudu, however, argued that as the nation was facing economic crisis presently, the revocation would trigger more hardship on the people as the economy, dependents and staff of the bank would suffer.

He advised that CBN would not have revoked the bank but dissolve its board as it did to the Keystone, Union and Polaris banks and takeover the financial institution for proper management.

He listed letters of credit, promissory notes, provision of admirable customer’s service, providing adequate information and providing account statement as some of the services the customers would lose.

‘Other services customers will lose are protecting customer deposits, honouring cheques, provision of access to financial services and protecting customer confidentiality,” he s
aid.

On the Minimum wage crisis between Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), Adaudu said that Nigerian workers’ salaries were very meagre coupled with the hyperinflation facing the country currently.

He urged the Federal Government to constitute cooperative farming for successful businessmen in the six Geo-political Zones to curtail the current high prices of foods in the country.

According to Adaudu, no amount of money paid to the civil servants will be enough by the Federal / state governments if high rate of inflation is not lessened.

He said forming cooperative farming would assist to cushion the effects of food shortage and high prices of food in the country.

The economist added that empowering successful businessmen in the six geo-political zones would help to address the current food crisis in the country.

Adaudu explained that if this policy was implemented with adequate supervision and security to protect the farmers in these zones, more food and employment opportu
nities would be created.

Source: News Agency of Nigeria

Tinubu approves naming Abuja road after Soyinka


President Bola Tinubu has approved the request by the FCT Minister, Nyesom Wike, to name the Arterial Road N-20 after Nobel Laureate, Wole Soyinka.

The Arterial Road N-20 stretched from Shehu Musa Yar’Adua Expressway to Outer Northern Expressway (Murtala Mohammed Expressway).

Wike made the appeal in Abuja on Tuesday, during the inauguration of the road by the President, to celebrate his one year in office.

The minister said: ‘It is not when somebody dies that we will remember his contributions.

‘It is good, in the lifetime of someone who has contributed to the greatness of this country, to recognise him, rather than waiting for him to die.

‘A dead man does not know what happens.

‘I will appeal to you sir, to let us recognise one of our own, by naming this road after him. The only Nobel Laureate we have, who has made Nigerians proud in the world.

‘I recommend that this road be named, Wole Soyinka Way. In that case, other people will have hope. People like me will have hope that tomorrow they will also r
ecognise me,’ Wike requested

The News Agency of Nigeria (NAN) reports that Tinubu approved the Minister’s request to name the road after Soyinka, whom he described as ‘a famous playwright, novelist and Nobel Prize winner’.

Wike explained that the road was awarded in 2020 at N30.6 billion and had no variation, adding that he had inspected the execution of the road more than 10 times to ensure timely delivery within specifications.

He argued that it would be difficult for any leader to challenge Tinubu’s achievements in FCT, considering the spade of infrastructure and administrative development in the territory in just one year in office.

‘It will be difficult for anybody to challenge you in FCT. It will be very difficult.

‘I said so because the facts are there; the things are there. It is not about theory; it is about reality,’ he said.

Wike, particularly, commended Tinubu for changing the narrative of civil service in FCT.

According to the Minister, with the establishment of FCT Civil Service Commissio
n, workers in FCTA no longer run to the Federal Civil Service Commission, for progression.

‘They get promoted on their own. Most of them have never dreamed in their lives that they would reach the peak of their career as head of service and as permanent secretaries.

‘Your political will, which you have always shown, has given them hope, and that is why today, if we decide to do something, you will see everybody working together so that we achieve it.’

The FCT Minister of State, Dr Mariya Mahmoud, said that Tinubu’s efforts not only transformed the infrastructural landscape of the city but also laid a foundation for smoother transformation and enhanced connectivity.

‘By today’s inauguration, we are invariably creating a safer, more efficient and more sustainable transportation network that benefits everyone in the nation’s capital city.

‘May this arterial road serve as pathways to progress, prosperity and unity for generations to come,’ he said.

Earlier, Mr Shehu Ahmad, Executive Secretary, Federal Capit
al Development Authority (FCDA) explained that the arterial road N-20 stretches from the Murtala Mohammed Expressway to Airport Expressway (Shehu Musa Yar’Adua Expressway).

Ahmad said that segment that was inaugurated was 3.5km from the Murtala Mohammed Expressway to Ahmadu Bello Way, out of the 5.6-kilometre road from Murtala Mohammed Expressway to Northern Parkway.

He explained that the road was a six-lane dual carriageway, with extensive underground engineering infrastructure services, and streetlights.

He added that there were two interchanges, one at the intersection with the Murtala Mohammed Expressway and the other at Northern Parkway.

Ahmad added that the road crisscrossed two Sector Centre A and B, crossing four Districts at Sector Centre A – Katampe, Jahi, Mabushi and Kado, and crossed Jabi, Utako Daki Biyu, and Wuye Districts at Sector Centre B.

NAN reports that the inauguration of the Arterial N-20 Road was the fifth in a row, beginning with the Southern Parkway named after Bola Tinubu and th
e commercial operation of the Abuja Rail Mass Transit System.

Also inaugurated by the President were the Wuye Interchange bridge and the Outer Southern Expressway to Ring Road I.

Source: News Agency of Nigeria

Group urges FG to intensify corruption fight


The Committed Advocates of Integrity Initiative (CADII), a Civil Society Organisations (CSO) has called on the Federal Government to intensify its fight against corruption, to enable Nigerian youths achieve their full potential.

Mr Charles Agubor, Executive Director/Convener, CADII, made the call in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday.

Agubor said that the fight against corruption was what the country needed now to get the economy working again.

He said that the group would convene a National Integrity Summit (NIS) aimed at building integrity to prevent and combat corruption.

‘We are organising and hosting the National Integrity Summit to promote and advocate for integrity amongst people from all walks of life in a bid to make integrity a more viable, visible and dominant value in our society.

‘The summit will be organised in a way to awaken competition and honest dealings in all systems towards building a better and prosperous corrupt-free Nation in Nigeria.

‘The summ
it was earlier scheduled for June 5 and June 6 but we eventually moved it to Aug. 28 and Aug. 29.

‘We decided to postpone the summit to ensure more participation; and there is a need for a much more holistic, comprehensive and integrated approach to fight corruption.

‘The concept of the summit is to advance at both the Africa and Global forum, the fight against corruption, and this will be held annually.

‘At the summit, we will focus on strategies to develop policies and enhance partnerships and dialogue between the public and private sectors to improve productivity,’ he said.

Agubor said that clamping down, arresting and sanctioning corrupt officials and individuals were no longer fashionable and may be an inadequate and outdated method of suppressing corruption and promoting integrity.

‘A more strategic and sustainable response to the fight against corruption lies in the use of awards as an incentive to honor individuals and public officials who have proven to be exemplary in the display of integrity.


This can be done in a way to awaken competition and honest dealings in all systems, towards building a better and prosperous corrupt-free Nation, Nigeria.’

According to Agubor, building a nation free from corruption can be made possible, by integrating an integrity compliance mindset in branding and in every facet of our life as citizens, through reinforcements of sustainable value reorientation and attitudinal change.

‘A nation free of corruption can be achieved through integrity advocacy, enhancing partnerships and dialogue between the public and private sectors to promote business integrity.

‘This is essential for sustainable long-term business growth, creating excellent opportunities and increased gross domestic product (GDP), which aims to help in diminishing the vicious cycle of corruption in Nigeria, that has exacerbated poverty, obstructed sustainable development and productivity.’

Source: News Agency of Nigeria

Fight Against Insecurity: Is it yet an Uhuru?


For more than one decade Nigeria has battled various forms of insecurity. They range from Boko Haram insurgency in the North East, Banditry in the North West and North Central to militancy and oil theft in the South-South.

In the South East, the fear of gunmen is the beginning of wisdom. Farmers and herders continue to clash in parts of North Central and South West.

These security challenges are a major strain on the country’s human and material resources.

According to the Armed Conflict Location and Event Data Project (ACLED), is a global data hub that collects real-time conflict-related data, Nigeria recorded no fewer than 4,556 fatalities and 7,086 abductions in the last one year.

Among others, the data showed that banditry in the North-west lead other regions with 1,475 deaths and 4,343 abductions while in the North-central there were 552 incidents of banditry, even as farmers-herders conflict and cultism claimed at least 1,444 lives.

In addition, about 1,321 abductions were recorded in the region. I
n the South-South a total of 231 violent incidents majorly cultism-related and militancy were recorded resulting in at least 336 deaths. There were 295 abductions.

According to reports, between 2015 and 2021, Nigeria spent ?8 trillion on defence, while Global Terrorism Index in 2023 ranked the country as the 8th country most impacted by terrorism globally.

On assumption of office on May 29, 2023, President Bola Tinubu promised to frontally address the security challenges and he is keeping to that pledge according to Minister of Defence, Alhaji Mohammed Badaru.

According to him, since the Tinubu administration was inaugurated, several key terrorists and bandits have been captured or neutralised just as a large cache of arms and ammunition were recovered.

Badaru said that while 245 kidnapped victims have been rescued, 61 HH radio, 223 vehicles, 363 motorcycles, and 551 mobile phones were recovered.

He also said that troops of the Armed Forces have denied the oil thieves of an estimated N91,247,052,565 as w
ell as recovered 92,547,601,541 litres of stolen crude oil, 61,469,999 litres of illegally refined AGO and 3,920,549 litres of DPK among others.

According to the minister, in a bid to improve national security and defend the nation’s territorial integrity, the ministry enhanced synergy within the armed forces of Nigeria and other security agencies.

He said that defence equipment was procured, just as there was improvement in production and capacity development of personnel of the Armed Forces of Nigeria.

‘We also enhanced personnel welfare, increased partnership with friendly nations/organisations and sustained stakeholders’ engagement sessions.

‘The ministry ensured strict adherence to stipulated guidelines such as standard operating procedures, rules of engagement among others.

‘This has contributed greatly to the feat recorded in tackling insecurity in the country’, the minister said.

Reports by military sources say that in the past one year no fewer than 9,300 bandits and terrorists have been neutra
lized while about 7,000 others were arrested, and 4,882 assorted weapons and 83,900 munitions recovered.

The results indeed are showing, on one of the recent operations by the troops of the Nigerian Army conducted in Zamfara and Katsina, no fewer than 11 terrorists were killed, and a large cache of arms and ammunition recovered.

With the feat recorded by the AFN with the supervision of the Ministry of Defence in the fight against insecurity, can Nigerians say it is yet an uhuru?

Chief Sunday Emeyese, a legal practitioner, said the security situation in the country has improved tremendously under the Tinubu administration when compared or juxtaposed with the Buhari administration.

‘The regularity and incessant cases of unwarranted attacks and bombings by bandits has reduced.

‘Kidnapping too is on the decline. However, Fulani herdsmen and communal attacks have not abated.

‘The Tinubu administration must thus rise to the occasion and ensure that the issue of unbridled insecurity in the country becomes a th
ing of the past or is reduced to the barest minimum’, he said.

Similarly, immediate past Edo Deputy Governor, Philip Shaibu said that the security situation in the country now was not as bad as it used to be.

According to him, the situation is not as bad as it used to be. I can bet that it’s gradually stabilising. I can tell you that the level of insecurity in the country is going down.

”We are not yet there, but I can bet that it is not what it used to be, So I can say kudos to the president and the present sets of security heads. They are bringing the temperature down.

”But I think they still need to do more’, he said.

In the fight against insecurity, it is important to keep eyes on the ball.

Mr Tobi Akinwole, a driver, said that though the insecurity situation has greatly reduced, there was the need for the government to sustain the success recorded.

Akinwole advised the government not to relent in attacking the terrorists and bandits.

‘Yes, we are witnessing a decline in insecurity in the countr
y now. But we are not yet where we should be. People still have fears when they want to travel from one part of the country to the other, especially by road.

‘And this is because they think that these terrorists and bandits and kidnappers can strike at any time.

‘During the reign of the immediate past administration, these people operated without any fear. The Nigeria government cannot afford to relax now that we are experiencing some form of relief’, he said.

Source: News Agency of Nigeria