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Digital Space Capital announces Abubakar, Etsu Nupe, as new board chairman

Etsu Nupe, others seek end to hunger at launch of entrepreneurial fund

The management of Digital Space Capital (DSC), a Lagos-based financial service provider, has announced the appointment of Yahaya Abubakar, the Etsu Nupe and head, Niger State Council of Traditional Rulers, as its new chairman, board of directors.

‘The appointment of Etsu of Nupe as our new chairman is in line with the vision of working with individuals of values and also in line with the company’s vision to have a nationalistic outlook,” Olubukola Abitoye, the chief executive officer of DSC stated during the recent ‘The Quantum Leap 3’ event in Lagos.

In unveiling the firm’s new corporate governance structure in Lagos, Abitoye disclosed that the fund managed by the firm has exceeded N10 billion, which is part of DSC achievements in the past financial year. “Our dream is to be the first fully digitalized commercial bank in Nigeria; offering a seamless banking service without the four-walls of a building,” she stated.

On the company’s appointment of a new chairman, Abitoye said it is in line with the company’s vision of working with individuals of values. “At this juncture, it is important to let you know that your support, partnership, and trust in us with our processes and strategies will definitely lead us to the promised land – which will be unveiled during our three years projection. If we have only walked a mile in 28 months, with your support, we will do 100 miles in 6 months,” Abitoye stated.

The DSC new board chairman and Etsu of Nupe commended Abitoye and the management team for all the steps taken so far and promised his total support for DSC. He also called for continuous support and encouragement for women and youth in Nigeria, adding that they play a significant role in the growth of Africa’s largest economy.

“My first meeting with Abitoye was a few months back in Lagos, she came to brief me about her mission and vision, I saw in her a committed and dedicated lady who is very much out to accomplish something for the benefit of humanity,” he said. I noticed we share similar aims and objectives of conducting business.

“Women are contributing immensely to the economic development of this country and they need a lot of encouragement either through soft loans or interventions. This company is in that frame to help women and youths who don’t have jobs with capital acquisition, and implementing government’s policies beneficial to Nigerians,” Abubakar stated.

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