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In May 2006, Mastercard Incorporated held its initial public offering (IPO) that valued it at about US$5.6 billion; [7] as part of the IPO, Mastercard Inc. donated 13.5 million shares, expected to be worth an initial US$600 million (equivalent to US$906.8 million in 2023), to a newly created independent charitable foundation to be named the Mastercard Foundation.
Nigeria Youth SDGs Network, officially registered as the Network of Youth for Sustainable Initiative is a youth-led and youth serving civil society organization dedicated to localizing the United Nations Sustainable Development Goals (SDGs). Launched in April 2017, the organisation aims to engage young Nigerians in sustainable development efforts.
In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history. [34]
AARP Foundation; Acorns Children's Hospice; Action Against Hunger; ActionAid; Acumen; Adelson Foundation; Adventist Development and Relief Agency; Aerospace Heritage Foundation of Canada
The Mastercard International Global Headquarters is an office building located at 2000 Purchase Street in the hamlet of Purchase, New York. It was constructed in the early 1980s as part of a movement of large corporations onto suburban estate settings, and has been called the "architectural jewel of Westchester ".
In 2005, Osayi Alile was appointed Executive Director of FATE Foundation [13] and for seven years, worked with the private sector to grow the foundation’s vision. A private sector that was created with the vision to empower youths with skills, tools, networks, and financing to help the growth of employment in the economy.
Verve was founded in 2009, as a subsidiary of Interswitch. In 2013, it became an autonomous business entity in a restructuring exercise. [2]In 2005 the Central Bank of Nigeria (CBN) issued a mandate to the Nigerian payment industry that operators should migrate from magnetic strip to EMV chip and PIN platform by 2009.
The American Business Council Nigeria (ABCN) is a non-profit, non-partisan, issues-oriented business organization that provides the private sector's perspective in the Nigeria-U.S. relationship [1] and an affiliate of the U.S. Chamber of Commerce in Nigeria incorporated in February 2007. [2]