Enactus honours FCMB for youth-led social impact
The award was presented in Lagos on July 3, 2025, at the 25th Anniversary Gala and Awards ceremony of Enactus Nigeria. The body empowers young leaders to drive social and economic change through innovative projects and is in over 30 tertiary institutions nationwide.
Michael Ajayi, Country Manager of Enactus Nigeria, commended FCMB's consistent support and corporate vision, saying:
"FCMB's unwavering commitment to the Enactus movement has gone beyond sponsorship—it is a true collaboration rooted in shared values of innovation, inclusion, and youth empowerment. The bank's belief in the potential of Nigerian students has helped us deliver measurable impact in dozens of communities. FCMB has shown what it means to be a changemaker, not just in word, but in action."
At the event, FCMB reaffirmed its commitment to capacity building, innovation, and sustainable development. Omoniyi Iyanda, Head of CSR and Sustainability, who represented the bank, said:
"We are honoured to receive this recognition from Enactus Nigeria, an organisation whose work aligns with FCMB's purpose of fostering inclusive and sustainable growth. Our partnership with Enactus reflects our belief in young Nigerians as catalysts for economic transformation. By equipping them with skills, resources, and a platform to lead social change, we are building a future where innovation drives prosperity for all."
Over the years, FCMB has played a key role in helping Enactus Nigeria expand its impact across tertiary institutions by providing students with the tools, training, and support they need to develop innovative solutions to real community challenges. Through the annual Enactus Challenge, the Bank has supported students in discovering their potential and turning their ideas into practical, visible projects that drive sustainable development. These projects span clean energy, agribusiness, financial literacy, and gender equality.
This recognition highlights FCMB's role as one of Nigeria's most socially responsible banks. Beyond CSR, the Bank drives entrepreneurship and community development by promoting economic inclusion, giving individuals and small businesses better access to financial tools, training, and growth opportunities.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Business Insider
2 hours ago
- Business Insider
Africa's richest man retires as chairman of Dangote Cement
Africa's richest man, Aliko Dangote, has stepped down as Chairman of the Board of Directors at Dangote Cement Plc. Aliko Dangote, Africa's richest man, has resigned as Chairman of Dangote Cement Plc, with Emmanuel Ikazoboh succeeding him. Ikazoboh has extensive experience spanning over 40 years in senior management roles across several African countries. Dangote Cement significantly contributed to Nigeria transitioning from a major global cement importer to Africa's largest exporter. Africa's richest man, Aliko Dangote, has stepped down as Chairman of the Board of Directors at Dangote Cement Plc, marking the end of an era at one of the continent's largest cement producers. In his place, Emmanuel Ikazoboh has been appointed as the new board chairman, according to Premium Times. Ikazoboh, who previously served as an independent non-executive director, brings more than four decades of senior management experience across Nigeria, Côte d'Ivoire, Cameroon, and South Africa. Further details about the leadership change and its implications for the company's strategy are expected in the coming days. In June, Mr. Dangote stepped down as Chairman of Dangote Sugar Refinery Plc, marking the end of two decades of leadership at one of Nigeria's most profitable food companies. The move, according to the company, was 'in line with the principles of good corporate governance and succession planning.' Dangote Cement has played a significant role in transforming Nigeria's economy. In June, Dangote noted that Nigeria, once the second-largest importer of cement globally, now exports more cement than any other African country, thanks to massive local investment in production capacity. Nigerian-based Dangote Cement remains Africa's largest cement producer, with a total installed capacity of 48.6 million metric tonnes per annum (Mt/a) across the continent. Of this, 32.3 Mt/a is located in Nigeria, while the remaining 16.3 Mt/a spans nine other African countries: Tanzania, South Africa, Ethiopia, Cameroon, Republic of Congo, Ghana, Senegal, Zambia, and Sierra Leone.

Business Insider
5 hours ago
- Business Insider
Zap unveils new brand identity
Zap Africa, a Nigerian startup developing non-custodial crypto infrastructure, has unveiled a new brand identity and an updated version of its flagship product, Zap Exchange. The move reflects the company's efforts to strengthen its market position as user expectations, competition, and regulatory pressures reshape the African crypto landscape. Founded on the premise of decentralisation and user control, Zap offers infrastructure that enables individuals to swap, move, and spend digital assets without relying on custodial intermediaries. The newly launched Zap Exchange introduces improved speed, better interface, and personalised trading tools, all wrapped in a refreshed visual identity designed to reflect the company's maturity and growth ambitions. 'We realised the brand and product interface we launched with no longer represented the business we were becoming,' said Co-founder Tobi Asu-Johnson. 'With our expansion roadmap, we needed a brand that captures the innovation driving our next phase.' The product's new updates include token-specific trade history, saved wallet addresses, real-time price alerts, and faster logins—features that are increasingly critical for Nigeria's growing base of retail and semi-professional crypto users. The design overhaul is also strategic, aimed at boosting retention in a market where UX has become a key differentiator among digital finance products. Co-founder and CTO Moore Dagogo-Hart described the platform as a 'control room' for crypto management. 'We built it to make complex transactions feel effortless and intuitive,' he said. Notably, the rebrand comes amid a trademark dispute involving Paystack, a fintech giant owned by Stripe, which recently introduced a product with the same name, "Zap." While industry observers have speculated about the timing, the founders assert that the rebrand was initiated in April 2024, not in response to external developments. Nigeria remains a leading crypto hub in Africa, driven by mobile adoption, a young, digital-savvy population, and demand for financial alternatives. With a sharper identity and an upgraded platform, Zap is positioning itself as a long-term infrastructure player, betting on the widespread adoption of crypto.
Yahoo
8 hours ago
- Yahoo
Report – Inter Milan Relying On Ademola Lookman's Entourage To Wear Down Atalanta In Transfer Talks
Inter Milan are reportedly relying on the entourage of forward Ademola Lookman to wear down Atalanta in transfer negotiations. This according to today's print edition of Rome-based newspaper Corriere dello Sport, via FCInter1908. Inter Milan are pushing to sign Atalanta forward Ademola Lookman. The Nigerian international is their top target in attack this summer. The Nerazzurri have already made an offer to Atalanta for Lookman. La Dea have rejected the initial bid, which Inter have not yet increased. However, the player himself reportedly wants to join. Widespread reports indicate that Inter's first offer to Atalanta was for €40 million. Atalanta, on the other hand, are reportedly holding out for around €50 million. Inter Rely On Ademola Lookman Entourage To Wear Down Atalanta BERGAMO, ITALY – MAY 25: Ademola Lookman of Therefore. Atalanta BC looks on during the Serie A match between Atalanta BC and Parma Calcio 1913 at Gewiss Stadium on May 25, 2025 in Bergamo, Italy. (Photo by) The fact that Lookman is pushing to join Inter Milan could be a key factor. The Nerazzurri know that they will have to raise their offer in order to convince Atalanta. However, Inter do not want to increase their bid. They are hoping that the €40 million they've already offered is close to enough. And in that respect, the Nerazzurri are hoping that constant pressure from Lookman's representatives on Atalanta to get a deal do can be the leverage they need in negotiations.