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Stanbic IBTC Bank Champions Gender Diversity, Financial Inclusion with Support for Women in Energy, Oil and Gas

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1 year ago

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Stanbic IBTC Bank Champions Gender Diversity, Financial Inclusion with Support for Women in Energy, Oil and Gas

Stanbic IBTC Bank Champions Gender Diversity, Financial Inclusion with Support for Women in Energy, Oil and Gas

 

 

 

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has further shown its commitment to breaking down barriers and creating opportunities for women in traditionally male-dominated sectors in Nigeria. The Bank did this as it sponsored the Lagos Chapter of Women in Energy, Oil, and Gas (WEOG) Investiture ceremony held recently.

 

 

 

The ceremony, which served as a starting point for a new wave of change and progress in breaking down barriers and promoting gender diversity within the Nigerian energy, oil, and gas industry, also witnessed the induction of 67 ladies from the Science, Technology, Engineering, and Mathematics (STEM) arm of the Engineering Unit of the University of Lagos.

 

 

 

 

As part of its commitment, the Bank empowered the audience with the necessary tools to achieve financial independence and security through its women-focused solution, the Blue Blossom Community.

 

 

 

Folashade Akinwale, Team Lead, Enterprise Banking, Lagos Mainland, Stanbic IBTC Bank said, “The Blue Blossom Community houses an array of benefits. It grants access to a comprehensive suite of products, including loans, investments, insurance, educational trusts, and other financial solutions offered by Stanbic IBTC Bank. Being a community member provides opportunities for mentorship and the option to open a chess account automatically, where applicable.”

 

Stanbic IBTC Bank Champions Gender Diversity, Financial Inclusion with Support for Women in Energy, Oil and Gas

 

Folashade added that the Stanbic IBTC Blue Blossom Community is a dynamic platform where aspiring and established women in energy, oil, and gas can connect, collaborate, and share ideas. It facilitates the development of partnerships that contribute to economic empowerment and positive evolution within communities. It welcomes women from all sectors and industries who are passionate about creating a successful career or business and achieving significant change with open arms.

The newly invested Director of WEOG, Lagos Chapter, Joan Faluyi speaking at the event, said “, Many women are not aware of financial opportunities due to the low level of financial literacy. To this end, establishing a trusted financial partner for growth is crucial to every individual and business owner. We are excited to have collaborated with Stanbic IBTC on this.”

“The induction of the 60 STEM ladies in WEOG is a significant step forward in bridging the gender gap within the energy, oil, and gas industry. The financial nuggets provided by Stanbic IBTC were insightful and invaluable”, Joan added.

As the world evolves, Stanbic IBTC Bank leads by example in prioritizing inclusivity and equal opportunities. Its proactive approach to support and solutions for every woman sets a commendable precedence for other financial institutions. By ranking the needs of women in energy, oil and gas and driving their economic growth, Stanbic IBTC Bank demonstrates the transformative impact that can be achieved through gender equality and financial empowerment.

For more information, visit the Stanbic IBTC Blue Blossom Solution. Related enquiries can be sent to [email protected].

 

 

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Sahara weekly online is published by First Sahara weekly international. contact [email protected]

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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23 hours ago

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December 21, 2024

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

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1 day ago

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December 21, 2024

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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2 days ago

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December 20, 2024

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.
The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.
“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.
The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.
Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.
The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.
This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.
Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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