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Interswitch’s Mitchell Elegbe Named Vanguard Fintech Icon of the Year 2024

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LAGOS, Nigeria – April 16, 2025 – Mitchell Elegbe, Founder and Group Managing Director/Chief Executive Officer of Interswitch Group, has been named the Fintech Icon of the Year award at the Vanguard Personality of the Year Awards 2024, held recently at the Convention Centre, Eko Hotels and Suites, Victoria Island, Lagos.

The prestigious award, organized by Vanguard Media Limited, recognizes Elegbe’s pioneering role in advancing Nigeria’s financial technology landscape and his unwavering drive to transforming digital payments across Africa. His recognition underscores a legacy built on visionary leadership, groundbreaking innovation, and a steadfast dedication to financial inclusion.

Since founding Interswitch in 2002, Elegbe has led the company’s transformation from a Nigerian startup into a trailblazing African fintech giant. Today, Interswitch is a trusted name in digital payments, responsible for widely adopted platforms such as Verve, Quickteller, and a range of enterprise payment solutions. Under Elegbe’s leadership, the company has expanded across multiple African markets, earning accolades including Deloitte’s recognition as Africa’s Fastest-growing Technology Business in 2014.

In his remarks following the award, Elegbe said:

“This recognition from Vanguard Media reflects the shared commitment of everyone at Interswitch to building a technology-driven company that delivers impact at scale and creates value for all stakeholders.  I am honoured to receive this award and extend my appreciation to Vanguard Media. We remain focused on driving innovation that creates opportunities, solves real problems, and expands access to financial services across the continent.”

Elegbe, a graduate of Electrical/Electronic Engineering from the University of Benin and alumnus of the IESE/Wharton/CEIBS Global CEO Programme, is renowned not only for his business acumen but also for his people-first leadership style. At the core of his approach is a deep belief in empowering individuals, fostering innovation, and delivering long-term stakeholder value.

Over the years, Elegbe’s exceptional leadership has earned him several distinguished accolades, including the Ernst & Young Entrepreneur of the Year AwardCNBC/Forbes All African Business Leader Award (AABLA) West Africa 2012, and the African Leadership Network’s (ALN) Africa Awards for Entrepreneurship 2013. In 2019, he was named African Banker Icon of the Year, and most recently, he received the 2023 EY West Africa Entrepreneur of the Year (Masters Category) Award and was also inducted into the EY World Entrepreneur of the Year Hall of Fame.

A Bishop Desmond Tutu Fellow of the African Leadership Institute, Elegbe is also a board member at Endeavor Nigeria, where he actively mentors young African entrepreneurs, further extending his impact beyond the corporate world.

Mitchell Elegbe’s remarkable journey continues to inspire the fintech ecosystem and the broader business landscape across Africa, as he continues to lead Interswitch in its mission to shape a more inclusive and digitally connected future.

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Governor Dauda Lawal Reshuffles Cabinet, Harps on Strengthening Governance Efficiency

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His Excellency, Dr. Dauda Lawal, Executive Governor of Zamfara State, has approved a minor cabinet reshuffle involving three Honourable Commissioners as part of ongoing efforts to strengthen governance and enhance service delivery across the State.

Announcing the development, the Secretary to the Zamfara State Government, Malam Abubakar Mohammad Nakwada, stated that the redeployment is aimed at strategically repositioning key Ministries for greater efficiency and effective implementation of the Administration’s Rescue Agenda.

The affected Commissioners are:

I. Hon. Abdulrahaman Tumbido, redeployed from the Ministry of Commerce and Industry to the Ministry of Environment and Natural Resources;
II. Hon. Kasimu Yahya Kaura, redeployed from the Ministry of Environment and Natural Resources to the Ministry of Youth and Sports Development; and
III. Hon. Tasiu Musa Shinkafi, redeployed from the Ministry of Youth and Sports Development to the Ministry of Commerce and Industry.

The redeployment takes immediate effect.

Governor Lawal has directed the affected Commissioners to ensure a smooth transition and complete all necessary handing-over processes within one week.

The Governor further charged them to bring renewed vigour, dedication, and innovation to their new assignments, while remaining focused on delivering tangible benefits to the people of Zamfara State in line with the objectives of the Rescue Agenda.

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FG Commissions Automotive Training Centre in Gusau, Trains 100 Youths in Mechatronics

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In a significant boost to youth empowerment and alternative energy transportation, the Federal Government has officially commissioned a new Automotive Training Centre in Gusau, Zamfara State. The facility has already commenced operations with an inaugural cohort of 100 youths trained in mechatronics a specialized field combining mechanical and electronic engineering specifically focused on the repair of both petrol and Compressed Natural Gas (CNG)-powered tricycles and motorcycles.The project was executed through a strategic partnership between the National Automotive Design and Development Council (NADDC) and the Zamfara State office of the Made in Nigeria Special Project. The initiative is designed to address two critical national challenges: rising youth unemployment and the need for a skilled workforce capable of maintaining the growing fleet of CNG-powered vehicles, which are being promoted as a cheaper and cleaner alternative to petrol-only engines.Speaking at the commissioning ceremony, Zamfara State Governor, Dr Dauda Lawal, hailed the centre as a transformative step forward. “This is not just about building a workshop; it is about building futures,” Governor Lawal stated. He emphasized that the centre aligns seamlessly with President Bola Tinubu’s Renewed Hope Agenda, which prioritizes job creation and economic diversification, while also reflecting his administration’s commitment to developing skilled manpower across the state. He noted that the focus on CNG technology is particularly timely, given the federal government’s push to lower transportation costs following the removal of fuel subsidies.Reinforcing the federal perspective, the Minister of State for Industry, Senator John Owan Enoh, reaffirmed the government’s broader vision for the automotive sector. He highlighted that the Gusau centre is part of a nationwide strategy to expand Nigeria’s automotive industry through increased local production, the establishment of industrial hubs, and strategic partnerships with global investors. “We are moving from a culture of importing fully built vehicles to one where Nigerians design, assemble, and maintain our own transportation solutions,” Senator Enoh remarked. He added that mechatronics training is critical for the next generation of automotive engineers, who will be essential as the country transitions toward more sustainable fuel sources.Local community leaders and representatives of the trained youths expressed optimism about the initiative. For many of the graduates, the certification offers a viable pathway out of economic hardship, enabling them to set up their own repair workshops or gain employment in the formal automotive sector. The NADDC has indicated that similar training centres are being planned for other states, with the aim of creating a national network of CNG-compatible repair and maintenance hubs.

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Governor Dauda Lawal names executive secretaries for two agencies, appoints ZACADEP coordinator

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Zamfara State Governor, Dr Dauda Lawal has approved the appointment of three qualified citizens to head two key state government agencies and a major development project. Disclosing the approval, the Secretary to the Zamfara State Government, Malam Abubakar Mohammad Nakwada, said the appointments are aimed at strengthening the government’s ongoing reforms and service delivery initiatives in the areas of public health, agriculture, livestock development and community-based interventions. Dr. Muhammad Habibu Yelwa is appointed as the new Executive Secretary of the Zamfara State Substance Abuse and Control Agency, while Dr. Usman Ismaila Gusau is named as the Executive Secretary of the Zamfara State Livestock Agency. Similarly, Governor Lawal has reappointed Alhaji Abdullahi Mohammed Nakwada as the State Project Coordinator of the Zamfara State Agricultural and Community Development Project (ZACADEP). These appointments take immediate effect.Dr. Muhammad Habibu Yelwa is a seasoned medical practitioner and administrator with extensive experience across the health, social welfare and agricultural sectors. He has served as Permanent Secretary in several ministries and contributed to major policy and institutional reforms in the state. Dr. Usman Ismaila Gusau is a veterinary medicine specialist and public health expert with over twenty-five years of professional experience in veterinary services, epidemiology, livestock health management, and public sector administration. Alhaji Abdullahi Mohammed Nakwada is an experienced agricultural development expert with decades of engagement in agricultural extension, project management, IFAD-supported programmes, and community development initiatives. He currently serves as State Project Coordinator for ISDB ZACADEP. Governor Lawal urged the appointees to deploy their knowledge, administrative experience, and sector-specific expertise to drive impactful development in their respective assignments, in line with his administration’s Rescue Agenda.

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