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Journalists to Win Millions of Naira in OnePipe Writing Challenge

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OnePipe Writing Challenge

By Dipo Olowookere

An opportunity has opened for financial journalists in Nigeria to win millions of Naira in the OnePipe Writing Challenge, which kicked off on Friday, February 25, 2022.

A statement issued by the foremost fintech API company disclosed that entries for the eight-week contest will close on April 14, 2022, with the three first-place winners getting N1 million each.

The winning entries must have successfully met the key guidelines like information sharing, idea definition, trend analysis and definition of concepts.

It was stated that the writing challenge will be judged by a panel of an expert in financial inclusion policy and digital money like Professor Olayinka David-West, Associate Dean, Lagos Business School; Mr Muyiwa Mutuloko, Editor, TechPoint Africa; and Mr Caleb Ojewale, Assistant Editor, BusinessDay.

All submitted articles should be 400-500 words in length and must have been published in recognised press media, while television or radio submissions must be at least 20mins long and must have been broadcast on any publicly available site such as YouTube or SoundCloud.

The organisers stressed that entries submitted without the required links or references will be disqualified and that entries will be judged based on material organisation, vocabulary, style, grammar, punctuation, spelling, neatness, reach and adherence to all other guidelines.

In the statement, it was disclosed that the OnePipe Writing Challenge is open to all forms of media, while submissions are welcome from journalists/press persons (individuals, either full time, part-time or freelance) who are presently employed in a magazine or general circulation newspaper published in Nigeria, whether daily or non-daily, broadcast or tabloid, news wire, internet publication, conventional or alternative, as well as syndicates and cooperatives that provide content for newspapers. Nominations may be made by editors, publishers, educators, journalistic groups and others.

Commenting on the initiative, the Operations Manager of OnePipe, Yvonne-Faith Elaigwu, said the company’s objective with the writing challenge is to promote financial literacy and enhance the financial experiences of people in Nigeria.

“We hope that the articles, stories, and news items produced by the press and media throughout this challenge will help everyone understand embedded finance and appreciate what the technology can achieve,” Elaigwu stated.

On his part, the founder and CEO of OnePipe, Mr Ope Adeoye, said, “The world needs a new type of financial services ecosystem, one where everyone has a role to play and everyone has some value to capture. This is what we embody at OnePipe; we help businesses across sectors to enjoy profitable participation in the fintech ecosystem.

“With our technology, we turn complex infrastructure into simple code so that businesses can focus on building market-defining products, provide their customers with credit, loan payment plans and seamless payment for services.”

Business Post reports that the OnePipe Writing Challenge aims to recognise finance-focused journalism and reward press reportage as it is part of the company’s efforts to promote and inspire more educational reporting and writing with particular emphasis on enhancing the awareness and understanding of embedded finance.

The firm intends to foster a deeper understanding of the importance of embedded finance in improving customer experience and satisfaction; while emphasising the value of good coverage and narrative as a cornerstone for enhancing public awareness of financial technology.

According to research, embedded finance will create $230 billion in income by 2025 across a variety of financial services. As the usage of this technology expands and becomes increasingly incorporated into non-financial platforms, it is critical that increased public awareness and understanding is generated.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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Aminu Adamu Lands in Prison for Insulting Aisha Buhari

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Aminu Adamu Aisha Buhari

By Modupe Gbadeyanka

A student of the Federal University, Dutse, Jigawa State, Mr Aminu Adamu, has been remanded in prison for allegedly ‘insulting’ the wife of President Muhammadu Buhari, Mrs Aisha Buhari.

A few days ago, news filtered in that Mr Adamu was kidnapped by some security officials to Aso Rock, Abuja, over his post on Twitter that the President’s wife was feeding fat on the taxes paid by the poor masses.

This did not go down well with the First Lady, and the student, who is reportedly due to write his final year exams next week, was taken away from his campus and allegedly tortured.

This action angered many Nigerians, who asked Mrs Buhari to release the man or charge him in court.

On Tuesday, the student was charged to court by the police, and he was remanded in the Suleja correctional facility in Niger State, pending when his bail application would be heard next Wednesday.

According to his lawyer, Mr C.K. Agu, the student was arraigned before a court sitting in Abuja, but he pleaded not guilty to the charges levelled against him.

“Even in the court session yesterday, we notified the judge about the efforts made to have him released on bail, but we did not receive any reply from the police.

“We applied to the court to release the student on bail on health grounds and the fact that he will sit for the exam on December 5.

“The court has ordered the police to provide the bail application before it for consideration between Tuesday and Wednesday,” Mr Agu informed BBC Hausa Service.

On June 9, 2022, Mr Adamu posted a picture of Mrs Aisha Buhari at the presidential primary of the ruling All Progressives Congress (APC) in Abuja held two days earlier and wrote in the Hausa language, “Su mama anchi kudin talkawa ankoshi,” which loosely means “Mama is feeding fat on poor people’s money.”

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House of Reps Probes Incessant Attacks on INEC Offices

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reps incessant attacks on

By Modupe Gbadeyanka

The House of Representatives has condemned the incessant attacks on the offices of the Independent National Electoral Commission (INEC).

At the plenary on Wednesday, the green chamber of the National Assembly said the actions of the arsonists could put the nation’s democracy under threat.

On November 10, 2022, an INEC building in the Abeokuta South Local Government Area of Ogun State was burned, with over 65,000 uncollected PVCs destroyed by the arsonists. A similar incident happened in Osun State and a few days ago, the office of the electoral body was attacked in Ebonyi State.

It was gathered that since 2019, about 42 attacks have been carried out on INEC offices in 14 states and to the House of Reps, this is worrisome.

In order to curb this, the parliament has set up an ad-hoc committee to investigate the incessant razing of the offices of INEC within three weeks and produce a report of its findings.

At the plenary presided over by the Speaker, Mr Femi Gbajabiamila, the House urged the Nigeria Police Force, the Nigeria Security and Civil Defence Corps (NSCDC), and other security agencies to liaise with the Office of the Attorney-General of the Federation and Minster of Justice in bringing the perpetrators to book.

The decision to probe the matter followed a motion on notice moved by a lawmaker, Mr Olarewaju Ibrahim Kunle.

According to him, the attackers destroyed the main building of INEC in Ogun State earlier this month and other facilities such as 904 ballot boxes, 29 voting cubicles, 30 megaphones, 57 election bags, eight electric power generators and 65,699 uncollected Permanent Voters Cards (PVCs).

The lawmaker said on the same day, arsonists and thugs set ablaze the INEC building at Oke Iresi, Ede South Local Government of Osun State.

He warned that if these systematically orchestrated attacks on personnel and facilities of the agency are not checked, the 2023 general elections could be disrupted.

Mr Kunle appealed to his colleagues to take urgent action to protect democracy in Nigeria.

His appeal was welcomed, with the parliament calling on “politicians and stakeholders to admonish their supporters to refrain from attacks and violence before or during the 2023 elections.”

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Stanbic IBTC Pension Managers Unveils Platform for Youth to Explore Business Prowess

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Stanbic IBTC Pension Managers

By Modupe Gbadeyanka

An initiative to give an opportunity to youth in the country to explore their creativity and business prowess has been introduced by Stanbic IBTC Pension Managers Limited.

The platform known as FUZE talent hunt will employ a holistic approach to youth empowerment and feature four categories across music, dance, fashion and technology, a statement from the leading pension fund administrator (based on assets under management) said.

According to the subsidiary of Stanbic IBTC Holdings, the first-of-its-kind talent hunt aims to promote indigenous talents.

The chief executive of Stanbic IBTC Pension Managers, Mr Olumide Oyetan, explained that the project was to the benefit of Nigerian society, adding that as a future-ready organisation, Stanbic IBTC valued talent, creativity and innovation and created the platform to shine the spotlight on youngsters and provide the necessary support they require to succeed, regardless of their chosen sphere of influence or industry.

He stated that youth empowerment had become increasingly essential with the heightened unemployment rate declared by the Nigerian Bureau of Statistics (NBS) at over 33 per cent.

On her part, an Executive Director at Stanbic IBTC Pension Managers, Ms Nike Bajomo, disclosed that the “primary goal of the FUZE Talent hunt is to create a platform for Nigeria’s talented youth to engage and learn from other youths while also gaining access to funds and best-in-class mentoring to support the actualisation of their dreams.”

She urged young Nigerians to participate in the event, stating that the audition application is free, and the public would be relied upon to vote for their preferred candidate, who would be showcased at the grand finale in December 2022.

“FUZE is open to all Nigerians between the ages 18 and 35 years. To participate, you can download the Stanbic IBTC Events App on either the android or iOS store, register and upload an audition video,” she said.

It was disclosed that the winners of the FUZE Talent Hunt would be unveiled at the FUZE Festival slated for December 21, 2022, and in addition to the chance to win N32 million, contestants will gain recognition in the industry and winners will receive mentorship to support their careers.

“Around the world today, young Nigerians are making a statement on the global scene, putting their names and communities on the roadmap to greatness.

“The average young Nigerian is bursting with talent and potential waiting to be harnessed, and we are here to give them the support they need to soar high. After all, Nigeria is our home, and we drive her growth,” the chief executive of Stanbic IBTC Holdings, Mr Demola Sogunle, said.

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