Tuesday, December 2, 2025
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Pope to Davos: Don’t Forget The Poor!

In a message read by Cardinal Peter Turkson, President of the Pontifical Council for Justice and Peace, to participants gathered at the World Economic Forum Annual Meeting in Davos, Switzerland, the Pontiff urged leaders “not to forget the poor” and to see the creation of jobs as an essential part of business leaders’ service to the common good alongside producing wealth and improving the world.

“The present moment offers the world a precious opportunity to guide and govern the transformations associated with the Fourth Industrial Revolution in a way that builds inclusive societies. However, it brings diminished opportunities for employment that also brings with it a responsibility among leaders to create jobs, tackle inequality and help solve society’s complex crisis,” said Pope Francis in his message.

On the risk that the Fourth Industrial revolution poses to labour markets, Pope Francis said:
“Clearly there is a need to create new models of doing business that, while promoting the development of advanced technologies, are also capable of using them to create dignified work for all.”

The Pope encouraged leaders to seize the opportunities that the Fourth Industrial Revolution presents:
“The World Economic Forum can become a platform for the defence and protection of creation and for the achievement of a progress which is healthier, more human, more social and more integral.”

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COVID-19: Ecobank Nigeria Supports States with Food Items

Ecobank Nigeria has donated food items to several state governments across the country as contribution to various initiatives aimed at cushioning the effect of the current lockdown on citizens. These palliatives are targeted at the most vulnerable members of the society who have been the hardest hit economically as a result of the current crises. Speaking in Lagos, Executive Director Commercial Banking, Ecobank Nigeria, Carol Oyedeji said this action would also go a long way in supporting members of the community who earn a daily wage and may not have the opportunity of working under the present environment. She noted that the donations are part of the bank’s Corporate Social Responsibility (CSR) and focused on providing support as best as possibleShe remarked that “as a bank we give strong priority to people’s welfare. We are determined to assist ordinary Nigerians during the current difficulties and this is one of the ways we are achieving this. We are also offering concessions to our SME Lending customers at this time given the strain on their cashflows and creating ease for the general public to transact digitally while at home”. Ecobank Group has so far contributed over US$3 million to the fight against COVID-19 across its footprint in Africa in line with the Bank’s commitment to the Region. The Institution is supporting governments, the World Health Organisation (WHO) and partnering with private sector operators to alleviate the effect of the pandemic on citizens. These have been in the form of cash, healthcare equipment, donation of supplies, awareness campaigns while also using digital platform to provide funds to beneficiaries of various funds being distributed. The Bank is particularly mindful of the needs of its communities and remains committed to providing the appropriate support required.    

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