#IWD: Nova Merchant Bank Pledges Support To Women Embracing Technology In Nigeria

March 14, 2023
#IWD: Nova Merchant Bank Pledges Support To Women Embracing Technology In Nigeria
L-R: MD/CEO NOVA Merchant Bank, Mr Nath Ude; MD/CEO, Digital Jewels Africa, Mrs Adedoyin Odunfa; Founding partner, Healthcare Capital Africa (Healthcap), Dr Ola Brown; Executive Director, NOVA Merchant Bank, Mrs Funke Okoya, during the 2023 NOVA International Women’s Day (IWD) conference held at the Bank’s headquarters in Lagos on Thursday, 9th March 2023.

NOVA Merchant Bank, one of the leading banks in Nigeria, has pledged to promote gender equality by supporting women who embrace technology skills, especially in our ever-evolving world.

The bank made the pledge during the 2023 NOVA International Women’s Day (IWD) conference held recently, at the Bank’s headquarters in Lagos.

Join our WhatsApp Channel

The IWD conference is part of the Bank’s women empowerment initiative which began in 2020, where women in NOVA converge to discuss gender equality issues and proffer solutions.

This year’s event featured prominent women who have distinguished themselves in their industries by leveraging technology and innovative solutions to drive value in Nigeria and Africa in line with the global theme, “DigitALL: Innovation and Technology for gender equality.”

The Chief Host and Executive Director of NOVA Merchant Bank, Mrs Funke Okoya, who welcomed participants at the conference, said: “Given the country’s transition to cashless policy, NOVA believes that women can play a significant role in providing innovative ideas to capitalise on the benefits of this disruption by leveraging innovation and technology.”

She added that NOVA will continue to push for the capacity development of women in Nigeria in tech and drive initiatives that advance women’s cause.

The Chief Information Officer, NOVA Merchant Bank, Mrs Mabel Irona-Nduka, reiterated the Bank’s stance on female empowerment, adding that, “NOVA will continue to lead the many voices committed to women empowerment by making deliberate efforts to close the gender gap in traditionally male-dominated roles like information Technology and most especially, at leadership levels.

Guest Speaker at the event, Dr Ola Brown who is the Founding Partner, Health Cap Africa said, “Having tech-savvy women in leadership roles means making more profits, especially in a hyper-competitive industry such as banking where we must leverage and utilize all legitimate and innovative alternatives to optimize profit irrespective of gender, and this is where embracing equity is important.”

Brown emphasised the need for women to believe in themselves as competent enough to advocate for quotas in all areas, including technology, politics, and their careers.

Also, the Managing Director/CEO, Digital Jewels Africa, Mrs, Adedoyin Odunfa who spoke on protecting the rights of women and girls in the digital space, said: “50 per cent of women online have suffered some forms of online violence and harassment from the responses and nuances.”

She noted that it is critical to teach women and girls digital skills and how to deal with online violence, and also put policies in place to protect women’s rights in the digital space.

NOVA Merchant Bank Limited is an investment-grade rated bank in Nigeria that offers an integrated suite of financial solutions covering Financial Intermediation, Corporate and Investment Banking, Asset, and Securities Management, Trade Services, Cash Management, Transaction, and Digital Banking.

victor ezeja
Correspondent at  |  + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Victor Ezeja

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Silicon Valley Bank UK Subsidiary Acquired By HSBC
Previous Story

Silicon Valley Bank UK Subsidiary Acquired By HSBC

Next Story

UN Experts Call On South Africa To Create Torture Prevention Body

Featured Stories

Latest from Business

‘Rare Earths ‘Arms Race’ Will Define 2026’

The global scramble for rare earths and other critical minerals is accelerating, and financial advisory giant deVere Group believes it will be one of the defining investment themes of 2026 as the United States and China intensify their fight for control of the materials
Silicon Valley Bank UK Subsidiary Acquired By HSBC
Previous Story

Silicon Valley Bank UK Subsidiary Acquired By HSBC

Next Story

UN Experts Call On South Africa To Create Torture Prevention Body

Don't Miss

Minimum Wage Decision Expected as Nigerian Labour Leaders Await President's Response ABUJA, NIGERIA – The discussions on the new minimum wage between the Federal Government and Organized Labour are anticipated to conclude today, with labour leaders keenly awaiting President Bola Tinubu's verdict on their N250,000 proposal. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had set a Monday deadline for finalizing the new minimum wage talks. Last Friday, the Tripartite Committee on National Minimum Wage concluded its meetings where the Federal Government and the Organized Private Sector agreed on N62,000, while Labour demanded N250,000. However, the Nigeria Governors Forum declared that any minimum wage exceeding N60,000 would be unsustainable. A labour leader who spoke anonymously on Sunday stated, "We have submitted the report to the president and are waiting for him to make his decision. That is the most important thing and that is what we are all waiting for." The labour leaders, including NLC President Joe Ajaero, are currently attending a labour conference organized by the International Labour Organisation in Geneva, Switzerland. The leadership plans to hold a National Executive Council meeting upon their return, where a decision on a potential strike will be made based on the president's feedback. "We must come back from Geneva first before we can hold a NEC meeting. We are also trying to be careful so the government won't say Labour is inciting citizens against it. We are waiting for the president's decision," added another top NLC official. The labour unions, comprising the NLC and TUC, recently embarked on a two-day nationwide strike to demand a new minimum wage and the reversal of the electricity tariff hike. The strike was suspended for five days after a commitment was made with the Federal Government to resume negotiations and establish a new minimum wage within a week. Following a six-hour meeting between labour leaders and the National Assembly in Abuja, President Tinubu directed the finance minister, Wale Edun, to present the cost implications of a new minimum wage within two days. The finance minister, alongside the Minister of Budget and National Planning, Atiku Bagudu, presented the cost implications at the Presidential Villa on Thursday. The president is currently reviewing the proposal and is expected to make an official announcement soon. When asked about the Monday ultimatum, a source within the NLC said, "We have sent a report to the committee and are expecting the president to act on it. We will hold a National Executive Council meeting regarding the ultimatum when we return from Geneva. It is very important for us to be there, but right now, we are patiently waiting for the decision of Mr President." Organized Labour's recent actions underscore the urgency and importance of establishing a new minimum wage for Nigerian workers. The outcome of President Tinubu's decision will be crucial in determining the next steps for both the government and the labour unions. Related News: Atiku claims to have saved Tinubu's political career Debating the appropriate wage for workers Labour criticizes governors for minimum wage stance The labour leaders and the nation await the president's decision, which will significantly impact the economic and social landscape of Nigeria.

Minimum Wage: Deadline Looms As Nigerian Govt Debunks N105,000 Proposal

As the five-day ultimatum given by organized labor for the
Bitcoin scam

Bitcoin Struggles To Climb Above $30k In Weak Trade

Viral reports say, troubled Bitcoin continues to struggle to