DigitALL – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Tue, 07 Mar 2023 17:20:22 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png DigitALL – Tech | Business | Economy https://techeconomy.ng 32 32 #IWD23: FirstBank Dedicates Month of March to Celebration of Women https://techeconomy.ng/iwd23-firstbank-dedicates-month-of-march-to-celebration-of-women/ https://techeconomy.ng/iwd23-firstbank-dedicates-month-of-march-to-celebration-of-women/#respond Tue, 07 Mar 2023 17:20:22 +0000 https://techeconomy.ng/?p=97274 In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the month of March to the celebration of women across the world, as it commemorates the globally celebrated International Women’s Day, scheduled for 8 March 2023. 

Kicking off the series of internal and activities designed to celebrate women is ‘The First Women Network (FWN)’, Mentoring, Coaching and Sponsorship Pillar Webinar scheduled to hold on Friday, 3 March 2023. The event is organized by the Bank’s First Women Network, an initiative that seeks to address the gender gap and increase the participation of women at all levels within the organisation.

On Wednesday, 8 March 2023, the Bank will join the rest of the world to celebrate the 2023 International Women’s Day themed: “Embrace Equity” as it convenes its International Women’s Day 2023 event.

As a member of UN Women, FirstBank employs the relevant women empowerment tools including the Women Empowerment Principles (WEPs) Gender Gap Analysis Tool in the process of assessing its performance and provides progress reports that feeds into the WEPs performance indicators.

FirstBank has a ratio of about 39%:61% female to men employees while 32% women in management driving a deliberate policy consistent with the WEPs – Equal Opportunity, Inclusion, and Nondiscrimination.

In line with this commitment, FirstBank is partnering with UN Women on 15 March 2023 and is set to play a key role in a scheduled event driven by UN Women that will showcase young women and men between the ages of 18-35 in Nigeria who are using technological innovations and tools to promote gender equality, women’s empowerment and inclusion. This is in line with the UN International Women’s Day theme for 2023 is “DigitALL: Innovation and technology for gender equality’’.

The conversation on ‘’Embrace Equity’’ and ‘’DigitALL: Innovation and technology for gender equality’’ will be reinforced on Twitter Spaces with notable speakers including Foluso Gbadamosi, the Executive Director of Junior Achievement Nigeria.

Amongst the activities scheduled to round off the Women’s Month commemoration is the Bank’s support of the Heroism of Erelu Ota – a play which aligns with the Bank’s First@arts goal of supporting the arts and women.

Heroism of Erelu Ota is an untold story of a legendary goddess in Ikorodu Kingdom who travels on the sea with a mat, and her ability to see what the enemies of Ikorodu are planning in their town, played a huge role in assisting the people of Ikorodu during the Agbala war.

Speaking ahead of the events, Folake Ani-Mumuney, Group Head, Marketing & Corporate Communications, FirstBank said that “we remain committed to diversity and inclusion as well as women empowerment through digital education and the provision of opportunities for women to access digital tools to bridge the gender digital divide and achieve gender equality. Therefore, as in previous years, FirstBank has dedicated March 2023 as a month set aside to celebrate women and all their remarkable achievements over the years which include their leadership roles and pace-setting standards in Science Technology Entrepreneurship, Arts and Mathematics (STEAM).  We are deliberate about partnering to ensure more impact – ensuring that we touch as many women as possible in Women’s Month and beyond.’’

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Nigeria Can Boost Digital Economy by Ensuring Equal Participation of Women – DG NITDA https://techeconomy.ng/nigeria-can-boost-digital-economy-by-ensuring-equal-participation-of-women-dg-nitda/ https://techeconomy.ng/nigeria-can-boost-digital-economy-by-ensuring-equal-participation-of-women-dg-nitda/#comments Mon, 06 Mar 2023 12:59:02 +0000 https://techeconomy.ng/?p=97198 Kashifu Inuwa, the Director General, National Information Technology Development Agency (NITDA, has said that Nigeria can potentially and significantly boost its digital economy by ensuring equal participation of women in the digital economy, Quoting the statistics made available by the Council on Foreign Affairs, he revealed that women’s participation in all sub-sectors of the digital economy is equivalent to men’s participation, and the country stands to gain a whopping 230 billion USD in GDP growth by the year 2025.

Inuwa made this statement at the stakeholder press briefing organised by the Ministry of Women Affairs in commemoration of the 2023 International Women’s Day in Abuja with the theme ‘DigitALL: Innovation and Technology for Gender Equality.”

Represented by Mrs. Iklima Musa Salihu, his Special Assistant on Strategy and Innovation, Inuwa stated that in 2021, the UN estimated that Nigeria’s female population was 104 million; as Africa’s largest economy, Nigeria has much to gain by facilitating the inclusion of women in technology industries and bridging the digital divide.

He said that NITDA has over the years been implementing several strategic programmes and initiatives which have seen an investment of 4.4B USD in the last four years.

The National Digital Economy Policy and Strategy (NDEPS) which NITDA is primarily implementing has the objective of bridging the digital gender gap by ensuring that the digital skills training programmes incorporate children, women, internally displaced persons, and the physically challenged.

“In fulfilment of this strategy, we have taken many steps to drive our nation’s prosperity by boosting digital innovation for women, creating an enabling environment that maximizes the potential of all Nigerian women, promoting their ability to contribute to the economy, and ensuring their improved quality of life and well-being,” he mentioned

He highlighted some of the key initiatives designed to support technology innovation including the Technology Entrepreneurship and Innovation Support Scheme (TIES); Idea Hatch (iHatch); Bridge to MassChallenge Nigeria and MIT-REAP Abuja, which has translated into establishment of vibrant innovation ecosystem and creation of 33,500 direct and indirect jobs in 2020.

He said, “In a bid to support digital literacy in women, we have conducted capacity-building programmes on ICT and entrepreneurship for 360 women in the various geopolitical zones.”

Inuwa stated that implementation of the Digital Literacy initiative increases women’s awareness, knowledge, and use of business tools that can help promote their entrepreneurial and career pursuits, increase distance learning and distance work programmes and opportunities, as well as financial inclusion.

He said, “this year, the United Nation (UN) wishes to recognise the women and girls in our lives who are championing the advancement of digital transformation and education.”

“We recognise that different challenges arise in the form of social, economic, and cultural barriers, which are hindrances that forestall this inclusion.

“That is why we have worked to create barrier-circumventing opportunities that will transform lives and create a positive domino effect that cascades greater values into our societies,” Inuwa added.

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