Oluchi Chibuzor – 糖心视频LIVE Truth and Reason Mon, 15 Dec 2025 16:06:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 Wema Bank鈥檚 Enduring Strong Connection Customers /2025/12/16/wema-banks-enduring-strong-connection-customers/ /2025/12/16/wema-banks-enduring-strong-connection-customers/#comments Mon, 15 Dec 2025 23:36:00 +0000 /?p=1156727

Oluchi Chibuzor writes that for over eight decades, Wema has built systems that protect customer funds, maintain transparency, and support sustainable growth.

Eighty years in banking offers clarity more than nostalgia. It reminds us that institutions endure not because of their age, but because of the people who trust them, challenge them, and grow alongside them. Wema Bank鈥檚 story has always been shaped by its customers their ambitions, their challenges, and their milestones. This is not a story of a bank alone; it is a shared journey, written in the lives of those it serves.

From the first savings accounts opened decades ago to today鈥檚 instant digital transactions, Wema has grown alongside families, businesses, and communities. It has witnessed generations take their first steps in finance, start businesses, invest in education, and plan for a better future and it has adapted to support them at every turn. Longevity is not measured merely in years; it is measured in the depth of relationships and trust sustained, in the confidence customers feel in entrusting their lives and ambitions to a single institution.

Trust they say is earned, not granted. It is tested in moments of uncertainty when the economy shifts, policies change, or life does not go as planned. For eighty years, customers have continued to choose Wema Bank because it has remained steady during those moments. It has survived recessions, sector reforms, political changes, and the rise of new competitors without losing its commitment to the people who depend on it.

Consider the generations who grew up banking with Wema. Grandparents may recall the first savings accounts opened with handwritten ledgers and careful, personal attention. Parents remember branch visits for loans, investments, or educational planning. Today鈥檚 young professionals engage through smartphones and digital platforms, managing salaries, paying bills, and starting businesses online. All these experiences connect through a single thread: trust. Each generation sees Wema as a reliable partner, capable of meeting both their immediate needs and long-term aspirations.

longevity and reassurance

For customers, this longevity is reassurance. It signals that the bank they rely on today understands uncertainty because it has navigated it before. Stability is not about standing still; it is about knowing when to hold firm and when to evolve. Wema Bank鈥檚 story proves that a bank can grow in step with life鈥檚 seasons while keeping its commitments intact.

Innovation is often misunderstood as novelty or trend-chasing. At Wema, innovation has always been purposeful: it exists to meet the real needs of customers. The launch of ALAT, Africa鈥檚 first fully digital bank, was a bold step not for recognition, but because customers were seeking convenience, speed, and accessibility. ALAT was designed to simplify banking, making it intuitive and responsive for everyday needs, while maintaining the trust and security that customers expect from a longstanding institution.

ALAT for 糖心视频 expanded these principles to small and medium-sized enterprises, giving entrepreneurs tools to manage cash flow, run payroll, and scale operations seamlessly. CoopHub empowered cooperatives with structure, transparency, and access to formal financial systems. ALAT Xplore introduced young Nigerians to financial literacy, helping them understand savings, investments, and responsible financial decision-making at an early age.

These innovations have tangible impacts. A small business owner can now run operations, access loans, and reach customers digitally without stepping into a branch. A young professional can start saving, plan for school fees, and even invest for the first time with confidence. And every customer, regardless of age, experiences banking that is faster, more convenient, and more aligned with modern lifestyles. Wema鈥檚 commitment to innovation demonstrates that it is listening, learning, and anticipating customer needs not just reacting to them.

Over eight decades, Wema has built systems that protect customer funds, maintain transparency, and support sustainable growth. Customers benefit directly from this: they can plan their finances, invest, and conduct transactions with the confidence that their bank can withstand economic pressures, regulatory shifts, and market volatility.

Wema Bank鈥檚 resilience is evident in its continuity through Nigeria鈥檚 evolving economic landscape. During periods of uncertainty, customers could rely on Wema to remain steady. The bank鈥檚 ability to combine careful risk management with forward-looking strategies ensures that it continues to be a partner in both good times and challenging ones.

Wema balances tradition with innovation, preserving core values while embracing the digital age. Customers experience this duality daily: they trust the bank for its reliability, yet also benefit from the latest in technology-driven solutions. It is a rare combination that strengthens the bond between the bank and those it serves.

Growing With Customers

A bank that exists for eighty years must evolve continuously. Wema has shown that evolution does not mean abandoning heritage; it means understanding customers鈥 lives and responding with agility. From the first handwritten passbooks to AI-driven mobile platforms, Wema has adapted to meet customers where they are.

Younger customers now expect mobile-first solutions, instant payments, and seamless experiences across digital channels. Salary earners seek tools that automate savings, track spending, and support financial goals. Entrepreneurs require platforms that streamline business operations while offering transparency and compliance. Wema delivers on all these fronts while maintaining the integrity and trust built over generations.

The ability to serve multiple generations simultaneously; from grandparents to grandchildren 鈥 is a unique hallmark of Wema鈥檚 culture. Older customers see continuity and reassurance; younger ones see possibility and innovation. Both perspectives coexist, creating a shared experience that is rare in banking.

Community Impact and Shared Responsibility

Customers do not engage with banks in isolation. They notice how institutions contribute to society, support communities, and create opportunities beyond banking services. Wema Bank has invested in education initiatives, youth empowerment programs, financial literacy campaigns, environmental awareness projects, and SME support schemes.

These efforts matter to customers. They show that Wema understands the wider context in which people live and work. Banking is not merely transactional; it is relational, communal, and purposeful. Customers are part of a story that extends beyond their accounts one in which their bank actively contributes to the wellbeing of the society they inhabit.

By combining financial services with social impact, Wema reinforces trust, loyalty, and relevance. Customers are not only served; they are uplifted. This approach strengthens relationships and positions the bank as a partner in life鈥檚 broader journey.

Eighty years is a milestone, but for Wema, it is also a foundation for the future. The next chapter is defined by a renewed commitment to customers: to anticipate needs, simplify lives, and create meaningful opportunities.

Digital innovation will continue to expand, ensuring seamless experiences for individuals, businesses, and communities. Customer experience transformation initiatives will enhance convenience, clarity, and responsiveness. Products and services will grow with lifestyles, from personal finance management to SME empowerment and youth-focused platforms.

The focus is clear: customers remain at the center of every decision. Wema understands that its future success is inseparable from the prosperity of those it serves. Eight decades of lessons inform every strategy, ensuring that innovation is purposeful, growth is shared, and trust is preserved.

Meaning of Wema at 80 for Customers

For customers, Wema at 80 is more than a number; it is reassurance, partnership, and empowerment. It is a bank that has learned to adapt without losing its integrity, to innovate without losing focus on human connection, and to grow without leaving anyone behind.

It means banking with an institution that has navigated uncertainty and emerged stronger. That has built tools, platforms, and services that make life easier. That invests in communities and empowers customers to take control of their financial futures.

It means a bank that values its customers鈥 trust as its most enduring legacy a story of shared growth, resilience, and possibility.

Because in the end, the strongest institutions are not those that last the longest, but those that grow in step with the lives they touch. Wema Bank at 80 is a reminder of this truth: a story of innovation, loyalty, and unwavering focus on the people who make it possible its customers.

And as Wema looks to the next chapter, one thing is certain: this story has always been about customers, and it always will be.

QUOTE

鈥淭he ability to serve multiple generations simultaneously; from grandparents to grandchildren 鈥 is a unique hallmark of Wema鈥檚 culture. Older customers see continuity and reassurance; younger ones see possibility and innovation. Both perspectives coexist, creating a shared experience that is rare in banking.鈥

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Midlothian Angel Unveils New Board Position To Drive US, Africa Cross-Border Investment /2025/11/11/midlothian-angel-unveils-new-board-position-to-drive-us-africa-cross-border-investment/ /2025/11/11/midlothian-angel-unveils-new-board-position-to-drive-us-africa-cross-border-investment/#comments Mon, 10 Nov 2025 23:39:00 +0000 /?p=1143973

Midlothian Angel Network (Midlo Angels), one of North America鈥檚 fastest-growing angel investment networks, said it has made some key appointments into its Board of Governors in line with its mission to bridge the cross-border investment opportunities between United States of America (USA) and Africa.

According to the company, Christopher Gwabin Musa, one of Nigeria鈥檚 most accomplished senior military officers is now a member of its Board of Governors (BoG)

Christopher Gwabin Musa, a decorated veteran, who previously served as Chief of Defence Staff of the Federal Republic of Nigeria, leading the Armed Forces with a focus on strategic modernisation, inter-agency coordination, and international security partnerships.

Tomie Balogun, Board Chair of Midlothian Angel Network, said the appointment of Musa to its Board of Governors marks another major milestone in Midlo鈥檚 mission to bridge cross-border investment opportunities between the United States of America (USA) and Africa through disciplined governance, visionary leadership, and global collaboration.

Balogun said that Musa鈥檚 leadership, discipline, and strategic vision embody the core values that define Midlo.

鈥淪ponsoring his Stanford GSB programme underscores our belief in cultivating a board that not only governs with excellence but grows with global foresight and perspective,鈥 Balogun added.

Wale Salami, founder/ executive director of Midlothian Angel Network, said the appointment of Musa is a proud moment for the company, adding that the general had a distinguished service to Nigeria and his track record of disciplined, ethical leadership bring immense depth to the company鈥檚 governance and vision.

鈥淲e are building a network of leaders who embody integrity, intellect, and impact鈥 and Musa exemplifies that standard,鈥

In his response to the appointment, Christopher Musa, said he is honoured to join the Board of Governors at Midlothian Angel Network.

According to him, he shares in Midlo鈥檚 passion for building bridges of opportunity between continents and creating lasting impact through disciplined governance and innovation, adding that he looks forward to contributing his experience and learning from this dynamic network of visionary leaders.

Christopher Gwabin Musa (Rtd.) is a distinguished Nigerian military officer who served as the Chief of Defence Staff until his retirement on October 31, 2025, after 39 years and four months of dedicated military service.

His career spans over three decades of strategic leadership, operational excellence, and national service across various theatres of operation, notably in counter-terrorism, national security, and peacekeeping.

Earlier, he was Theatre Commander of Operation Hadin Kai, Nigeria鈥檚 counter-insurgency mission in the North East, where he was recognised for operational discipline, collaborative leadership, and his focus on civilian protection.

A graduate of the Nigerian Defence Academy (NDA), General Musa also completed senior-level training at the Armed Forces Command and Staff College (Jaji) and the National Defence College. He holds advanced certifications in defence strategy, national security, and management and has completed executive education programmes both locally and internationally,鈥奷emonstrating his lifelong commitment to service and excellence.

Midlothian Angel Network (Midlo) is a global angel investment network headquartered in Dallas, Texas, with additional offices in Lagos, Nigeria.

With multi-millions in assets under management (AUM) and a combined portfolio valuation exceeding $500 billion, Midlo has established itself as a leading force in trans-Atlantic venture financing and early-stage innovation.

Midlo鈥檚 partnerships include the International Finance Corporation (IFC)鈥 鈥奱n arm of the World Bank Group,鈥妑eflecting its commitment to global best practices, inclusive innovation, and sustainable entrepreneurship.

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Phillips Consulting, NSACC Champion Building Culture of Knowledge Assurance for Organisations /2025/11/10/phillips-consulting-nsacc-champion-building-culture-of-knowledge-assurance-for-organisations/ /2025/11/10/phillips-consulting-nsacc-champion-building-culture-of-knowledge-assurance-for-organisations/#respond Sun, 09 Nov 2025 23:05:00 +0000 /?p=1143554

Phillips Consulting Limited (pcl.) in partnership with the Nigeria鈥揝outh Africa Chamber of Commerce (NSACC), hosted its October Breakfast Forum on Thursday, October 30, 2025.

The forum, sponsored by pcl. and themed 鈥楶eople-Centric Organisations: Building a Culture of Knowledge Assurance鈥 brought together business leaders, policymakers, and experts from across industries as the gathering provided a platform to explore how organisations can achieve long-term success by investing in their people and institutional knowledge.

In his remarks, Partner for Digital Learning at pcl., Paul Ayim, underscored the importance of creating workplaces where employees feel valued, empowered and connected to purpose.

He noted that organisations must move beyond process efficiency to cultivate environments that prioritise human experience, learning and knowledge retention.

Delivering the keynote address, Channel Account Executive at Skillsoft, Billy Gager, urged leaders to rethink how knowledge is captured, shared and preserved.

He outlined three stages: capture, curation and continuity, supported by a culture of psychological safety, continuous learning and shared intelligence.

Stressing that technology alone cannot drive change, Gager called on organisations to start small, digitise critical knowledge, embed learning into daily workflows and measure progress to ensure knowledge is effectively retained and applied.

The event featured four engaging panel discussions that explored key dimensions of people-centricity in today鈥檚 workplace, examining how organisations can strengthen culture, enhance employee engagement, and sustain knowledge-driven performance.

The first panel session, which focuses on strategic leadership and long-term platform evolution, explored how organisations can create systems that capture, preserve, and transfer knowledge across generations, as well as the role of leadership in this process.

Chizoba Mojekwu, fcipm, Principal Consultant at DeftAdroit Consulting, noted that people-centric organisations place employees at the core of their strategy through empathy, inclusiveness, and accountability.

Drawing on her experience at the Central Bank of Nigeria, she shared how the adoption of Skillsoft Percipio, supported by pcl., has enhanced digital learning, knowledge sharing, and institutional resilience, aligning with the Bank鈥檚 transformation goals.

While session on Operational Excellence and User Experience, explored how inclusive and transparent cultures foster collaboration, accountability, and high-performing teams.

Speaking also, Learning Manager at MTN MoMo PSB, Blessing Oraegbu, described the evolution of HR from an administrative function to a strategic, people-focused role that drives motivation and cultivates a sense of belonging.

She outlined three pillars of operational excellence: clarity, which provides employees with purpose and direction; collaboration, which encourages teamwork and breaks down silos; and capability building, which nurtures continuous learning through trust and genuine investment in employee growth.

For the Technical Implementation and Content Digitisation session, the discussion focused on using digital learning and content digitisation to cultivate a knowledge-centric and people-focused environment.

Commenting, Head of Delivery, Digital Learning at pcl., Christian Edohor, observed that making learning accessible at any time helps organisations preserve institutional knowledge beyond individual tenures. Bespoke content digitisation, he noted, allows internal expertise to be converted into interactive, role-specific materials.

The discussion also addressed challenges such as securing leadership support and maintaining content relevance, with visible executive endorsement and ongoing improvement identified as essential for sustaining engagement.

While Leadership and Organisational Impact session saw the discussion highlighting how effective leadership drives knowledge assurance and organisational performance. During the session, HR Director at Interswitch Group, Franklin Ali, emphasised that leadership is about inspiring, motivating, and engaging employees, rather than just holding authority.

According to Ali, 鈥淎t Interswitch, leaders undergo readiness assessments, and knowledge sharing is embedded through initiatives like job cycles and acting capacities.鈥

He also highlighted the importance of personal responsibility in learning, noting that capability is a form of currency, measured by the ability to apply knowledge to deliver results.

Participants also engaged in interactive sessions designed to foster collaboration across industries and share practical insights on how to create knowledge systems that withstand organisational transitions and market shifts.

The event also featured a recognition segment celebrating excellence and commitment among pcl.鈥檚 clients in advancing digital learning and knowledge assurance. Awards were presented across six categories, honouring organisations that have demonstrated exceptional dedication to continuous learning, innovation, and strategic alignment.

Nigeria LNG (NLNG) received the Longest Serving Client Award for over a decade of partnership and consistent engagement. The Nigerian National Petroleum Company Limited (NNPC) and Ibom Air were recognised as the Most Supportive eLearning Organisations for their deliberate growth in digital learning and strong employee participation.

The Institute of Human Virology Nigeria (IHVN) and Prime Atlantic Limited received the Outstanding Learning Organisation Award for sustaining high adoption and completion rates through diverse learning strategies. The Impact Award was presented to the Bank of Industry (BOI) and Pillar Oil Limited for showcasing measurable outcomes from their digital learning investments.

TSL Logistics Limited and Interswitch Group received the Leadership Learning Adoption Award for initiatives that enhanced learning within their leadership teams. The Central Bank of Nigeria (CBN) was honoured with the Strategic Alignment Award for seamlessly integrating eLearning initiatives into its digital transformation roadmap, aligning learning with broader organisational goals.

The 2025 NSACC Breakfast Forum reinforced the shared vision of pcl. and NSACC, to create platforms that challenge traditional corporate thinking, celebrate innovation, and foster collaboration between Nigeria and South Africa鈥檚 business communities.

Phillips Consulting Limited (pcl.) is a trusted partner for organisations ready to grow, adapt, and lead in a fast-changing world. For over 30 years, they have helped clients turn ideas into results 鈥 from shaping strategy and transforming teams to embracing digital solutions and unlocking new opportunities. Their services span strategy execution, people transformation, technology enablement, learning and development, research, and business optimisation.

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St. John/Mary鈥檚 Unity 1995 Set Marks 30 Years by Renovating Classrooms /2025/10/23/st-john-marys-unity-1995-set-marks-30-years-by-renovating-classrooms/ /2025/10/23/st-john-marys-unity-1995-set-marks-30-years-by-renovating-classrooms/#respond Thu, 23 Oct 2025 11:57:00 +0000 /?p=1137318

Oluchi Chibuzor

The 1995 Set of St. John/Mary鈥檚 Unity Secondary School, Owo, Ondo State, has renovated a block of six classrooms as part of activities marking the set鈥檚 30th graduation anniversary.


The event, which held at the school premises over the weekend, was attended by the school management, former teachers, students, and members of the alumni association.


The Chairman of the occasion and Principal of the school, Mr. Godswill Akinlewu, commended the alumni for their gesture, describing it as a remarkable contribution to the growth of the school.


Akinlewu added that the renovation of the classrooms demonstrated enduring loyalty to their alma mater.


He noted that the gesture would serve as encouragement to current students and other alumni to emulate the spirit of giving back exemplified by the 1995 Set.
鈥淲e are particularly elated to see the products of this great school giving back to the institution that helped shape them.


鈥淭his gesture gives us encouragement as we continue to raise new generations who will emulate such noble action in the future,鈥 he said.
The principal also urged other graduating sets to support the ongoing efforts of the school management and the state government to restore the school to enviable heights.


He assured that the renovated facility would be properly maintained in honour of the donors.


In his remarks, the President of the 1995 Set Alumni Association, Victor Akinsanmi, expressed gratitude to God for sustaining members since their graduation three decades ago.


He noted that the decision to embark on the renovation was borne out of the members鈥 desire to give back to the school that played a vital role in shaping their lives.


鈥淲e look back with nostalgia to those years that shaped our lives and made us who we are today.


鈥淚t is in appreciation of those formative years that we decided to give back by renovating this block of classrooms,鈥 he said.


Akinsanmi commended Ondo State Government and the school management for their efforts in maintaining the institution over the years.


He expressed hope that the gesture would motivate other sets and stakeholders to contribute to the school鈥檚 development.


As part of the celebration, former teachers of the set were specially recognised for their dedication and positive impact on the students during their time in the school.

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UoGM Lecturer, Prof. Celestine Iwendi, Recognized for Fifth Consecutive Year in Elsevier鈥檚 Global Top 2 Percent List of Most Influential Scientists /2025/10/08/uogm-lecturer-prof-celestine-iwendi-recognized-for-fifth-consecutive-year-in-elseviers-global-top-2-percent-list-of-most-influential-scientists/ /2025/10/08/uogm-lecturer-prof-celestine-iwendi-recognized-for-fifth-consecutive-year-in-elseviers-global-top-2-percent-list-of-most-influential-scientists/#respond Tue, 07 Oct 2025 23:13:00 +0000 /?p=1131751

Oluchi Chibuzor

The University of Greater Manchester (UoMG) has announced that Professor Celestine Iwendi of the Centre of Intelligence of Things at the University of Greater Manchester has again been listed in the Elsevier and Stanford database of the world’s top two per cent scientists.

This is as the August 2025 update confirms his place for the fifth consecutive year, with recognised contributions in information and communication technologies, networking and telecommunications, and artificial intelligence and image processing.

Responding to this latest achievement, Iwendi said that it is a reliable signal that research from their University is trusted and has been used across the globe.

According to him, 鈥淚t is a reliable signal that research from our university shapes thinking and practice across the world. The list is built from independent citation indicators, so inclusion shows that other scholars use and trust this work. That trust opens doors to competitive grants, strategic partnerships with industry and government, and invitations to lead international projects that turn science into solutions people can feel in daily life. For students and professionals, it means learning from someone who is actively advancing the field with real data and practical impact.

鈥淔or the University of Greater Manchester, the recognition strengthens our reputation as a place where rigorous ideas become useful tools. It helps attract outstanding students and staff, supports investment in laboratories and compute, and encourages collaboration across departments. It also boosts confidence among partners who want to trial responsible artificial intelligence in health, trade, energy, and secure digital infrastructure.

鈥淔or Nigeria and Africa, repeated inclusion challenges the old narrative of limited capacity. It shows that scholarship from our region is visible, valued, and shaping frontier conversations. It encourages brain circulation rather than brain drain, because success creates networks that move knowledge and resources in both directions.鈥

Answering questions on how he has been able to sustain such a record over many years, Iwendi explained that he stepped in to ensure he constantly updated his knowledge, while building international teams across the globe.

鈥淭he method is simple but demanding. Focus on important questions rather than fashionable ones. Keep a steady rhythm of reading, analysis, writing, and submission throughout the year. Build international teams that combine diverse skills and share credit fairly. Use strong methods, clean data, transparent code, and results that others can reproduce. Choose journals and conferences that your intended audience reads. Serve the community as a reviewer and editor to keep standards high. Make your work easy to find with clear profiles on ORCID and Google Scholar, and write short, plain summaries that explain why the work matters.鈥

However, he advised that there is a need for scholars to mentor younger people, adding that research work is all about team.

Many Nigerian and African scholars appear in the database each year, and a number have done so repeatedly, but for five years in a row remains rare and notable, especially in fast-moving fields like artificial intelligence and communications.

鈥淎im at big problems that matter locally and globally. Invest in sound methods and honest reporting. Publish where your audience is and align with each journal scope. Build a balanced portfolio of surveys, methods, applications, and datasets. Mentor students well, because teams sustain excellence. Above all, guard integrity. In the long run, quality and usefulness will always outlast volume,鈥 he said.

However, in view of his academic exploits, he will deliver a lecture series on the practical adoption of digital twins and data driven methods for safer and greener infrastructure in Cairo, Giza, and Egypt鈥檚 New Administrative Capital from 25th to 27th October, 2025.

Speaking to engineers, researchers, and policy leaders, he will set out what a digital twin is, outline a simple end to end architecture from sensing and data management through models to decision support, and share lessons from bridges, buildings, and transport assets.

The talk will show how machine learning can detect early faults, reduce maintenance costs, and lower risk while keeping engineers in the loop.

Professor Iwendi will address trust, security, and ethics, including data quality, model validation, and the protection of critical systems.

He will highlight open standards and practical tools that allow organisations to start small and scale with confidence, and he will show how inclusive teams improve design and delivery and help attract diverse talent.

Attendees will leave with a short action list for their projects, a skills map for their teams, and a simple maturity checklist to guide next steps.

Recognising his competence in the field of artificial intelligence (AI), the World Trade Organisation (WTO) has listed him to help conduct a two day executive training on AI for its staff from 28th to 29th October, 2025.

This 2-day intensive training is designed to introduce WTO staff to the fundamentals of Artificial Intelligence and provide advanced guidance on transitioning manual workflows into automated processes.

From prompt writing to document analysis, from speech summarisation to agentic Al, participants will explore the power and potential of modern Al tools in a policy, trade, and technical environment

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Eminent Nigerians:聽Workers’ Right聽to聽Organise聽not License to Strangulate聽Economy /2025/10/08/eminent-nigerians-workers-right-to-organise-not-license-to-strangulate-economy/ /2025/10/08/eminent-nigerians-workers-right-to-organise-not-license-to-strangulate-economy/#respond Tue, 07 Oct 2025 23:01:00 +0000 /?p=1131306

Oluchi Chibuzor

Concerned Nigerians have warned that workers’ right to organise a protest cannot become a license to hold the nation鈥檚 economy to ransom.

In a statement titled, ‘Joint Statement on the Dangote Refinery Dispute,鈥 signed by13 eminent Nigerians against the backdrop of the face off between Petroleum Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the management of Dangote Refinery, they warned that productive enterprises that lower costs and create jobs must be safeguarded. 

According to the statement, the recently embarked industrial disputes, if not carefully managed, risk discouraging both domestic and foreign investment at a time when Nigeria most needs capital and innovation.

They argued that Dangote Refinery is a national lifeline with profound consequences for jobs, energy security, and inflation.

They said, “We, the undersigned, note with concern the recent disputes and disruptions surrounding the Dangote Refinery. Although the immediate crisis has been de-escalated through government mediation and renewed dialogue between labour and management, the episode raises important lessons for Nigeria鈥檚 economic future. 

“For decades, Nigerians endured the collapse of government-owned refineries, the waste of trillions of naira in subsidies, and dependence on fuel imports. These failures left citizens exposed to scarcity, inflation, and insecurity. In this context, the Dangote Refinery represents more than a private venture; it is a national symbol of what bold domestic investment can achieve. 

“However, the strikes and threats that accompanied this transition send the wrong signals. Industrial disputes, if not carefully managed, risk discouraging both domestic and foreign investment at a time when Nigeria most needs capital and innovation. A refinery of this scale is a national lifeline, with profound consequences for jobs, energy security, and inflation.”

“We wish to underscore three principles which are that workers鈥 rights must be respected as the Constitution guarantees the right to organise and to demand fair treatment. No enterprise can succeed without motivated, fairly treated workers. 

“Markets and productivity must be protected because the right to organise cannot become a license to hold the economy hostage. Productive enterprises that lower costs and create jobs must be safeguarded and social responsibility and accountability must remain central. Investors of this magnitude must operate transparently, uphold fair labour practices, and reinvest in the communities they serve,” they stated. 

They however, dismissed the allegation of monopoly against the refinery, saying other investors are free to invest in refining, provided they can mobilise the necessary resources and expertise. 

They argued that the Dangote refinery represents an audacious step forward for Nigeria鈥檚 economy and should not be undermined, but rather strengthened. 

“We also note that concerns about monopoly or market dominance should not be settled by disruptive industrial action. Nigeria has institutions, such as the Federal Competition and Consumer Protection Commission (FCCPC), that are mandated to assess such claims. 

“Where there are legitimate issues of pricing or dominance, the proper channel is through these statutory bodies, not strikes that harm ordinary Nigerians. Moreover, as has been noted, there is no legal monopoly here; others are free to invest in refining, provided they can mobilise the necessary resources and expertise,鈥 they said. 

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Anohu Advocates for Pan-African Mobilisation of Climate Finance /2025/10/07/anohu-advocates-for-pan-african-mobilisation-of-climate-finance/ /2025/10/07/anohu-advocates-for-pan-african-mobilisation-of-climate-finance/#respond Mon, 06 Oct 2025 23:55:00 +0000 /?p=1131008

Oluchi Chibuzor

Founder and Chief Executive Officer of Mutandis Africa Group, Chinelo Anohu has called for a collaborative, continent-wide mobilisation of African capital to power the global green transition.

She made the remarks during a high-level panel, tagged, 鈥淎ccelerating Climate Action Through Global Trade,鈥 convened by the University of Oxford Climate Alumni Network (OxCAN), the New York Climate Exchange, and Pace University.

The session, held as part of deliberations during the New York Climate Week, alongside the 80th Session of United Nations General Assembly examined how trade and finance can be harnessed as levers for decarbonization rather than barriers to growth.

Anohu, who previously led the African Development Bank’s flagship investment vehicle – the African Investment Forum and Nigeria鈥檚 National Pension Commission (PenCom), challenged the prevailing narrative that Africa must remain a passive recipient of climate finance.

鈥淎frica鈥檚 challenge is not an absence of capital, but a dearth of deal structuring and origination capabilities.鈥 she said. 鈥淲e receive less than 4 percent of global FDI, yet carry some of the world鈥檚 highest climate burdens. It behoves on us, therefore, to reimagine ways of ameliorating those burdens. For instance, if we pool African pension, insurance, and sovereign wealth funds, and align them in carefully structured instruments, we can present Africa not as 54 fragmented markets but as one bankable climate finance opportunity. That will be a significant step towards the shift from price-takers to agenda-setters鈥

On the fraught question of fossil fuels and industrial growth, Anohu was unequivocal in advocating a middle ground. 鈥淚t would be a profound inequity to ask Africa to ignore available resources to address fundamental issues of industrialisation when the Global North built, and in some cases continues to build, its prosperity on fossil fuels.鈥

Perhaps most striking was the concrete proposal for a 鈥淧an-African, trade鈥揻ocused deal development pipeline that fosters sustainability and leverages the continent’s domestic capital in engendering solutions where climate justice presents as a springboard, not a straitjacket鈥 she concluded.

Across the two-hour exchange, one message reverberated: trade is no longer merely about goods and services. 鈥淭rade is leverage. Trade is climate policy. Trade is global justice.鈥 Anohu reiterated that justice must begin with Africa, not as an afterthought, but as a principal architect of climate-aligned trade.

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Hamzat Urges Nigerian 糖心视频es聽to Adopt Innovative Technologies /2025/10/07/hamzat-urges-nigerian-businesses-to-adopt-innovative-technologies/ /2025/10/07/hamzat-urges-nigerian-businesses-to-adopt-innovative-technologies/#respond Mon, 06 Oct 2025 23:05:00 +0000 /?p=1130956

Oluchi Chibuzor 

The Deputy Governor of Lagos State, Dr. Kadiri Obafemi Hamzat, has urged Nigerian businesses to adopt innovative technologies in order to remain competitive and avoid being left behind.

This is as he has stressed that Artificial Intelligence (AI) is poised to drive the global economy over the next two to three decades, 

Speaking at the 10th FATE 糖心视频 Conference with the theme: 鈥淎I-Powered 糖心视频: Innovate, Automate, Accelerate,鈥 Hamzat, noted that AI has moved from academic theory to everyday reality, redefining industries from agriculture and finance to healthcare, logistics, and entertainment.

鈥淎I is the ultimate innovation multiplier. It allows us to take raw material or data and transform it into new products, new services, and new business models,鈥 he said.

According to Hamzat, small entrepreneurs can now use AI tools to predict demand, manage inventory, and design campaigns, while farmers can apply AI to determine the best planting and harvesting periods. Politicians, he added, are even leveraging AI to anticipate public opinion.

He warned, however, that while AI accelerates innovation, it does not replace human thinking.

鈥淚n the AI age, playing it safe is probably the riskiest thing you can do. 糖心视频es that dare to experiment and innovate faster than the competition will thrive,鈥 he stated.

Earlier in her welcome address, President, FATE Foundation, Adenike Adeyemi reflected on the journey of the conference, which has now run for a decade.

鈥淭his conference started as an idea to bring entrepreneurs together. It was initiated by members of the FATE alumni community who wanted a space to connect, to network, to learn, to be inspired, and also to inspire,鈥 she said.

Also, the President, FATE Alumni Executive Committee, Oluwatoyin Bakare described the 10th conference as a defining moment.

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SustyVibes, UPS Hosts Street Conference 2025 Across 10 States to Mark World CleanUp Day /2025/10/03/sustyvibes-ups-hosts-street-conference-2025-across-10-states-to-mark-world-cleanup-day/ /2025/10/03/sustyvibes-ups-hosts-street-conference-2025-across-10-states-to-mark-world-cleanup-day/#respond Thu, 02 Oct 2025 23:26:00 +0000 /?p=1129966

Oluchi Chibuzor

SustyVibes, a youth-led organisation making sustainability actionable and relatable for young Africans, has hosted the 2025 edition of her annual Street Conference across 10 states in Nigeria. The event, held on World CleanUp Day and sponsored by the UPS Foundation, gathered communities, volunteers, and partners under the theme 鈥淪trive for Five鈥 to spotlight the growing crisis of textile waste pollution and to mobilise collective action for sustainable waste management.

The theme 鈥淪trive for Five鈥 reflects the science-backed idea that when 5% of a community unites for change, they can tip the scale to create a cultural shift for sustainable waste management practices in their communities. This year鈥檚 Street Conference emphasised how this principle applies to the fight against textile waste pollution 鈥 one of the fastest growing environmental challenges in Nigeria. The fashion industry, rising culture of fast fashion have left landfills and open dumps overwhelmed with discarded clothing, much of it non-biodegradable, worsening pollution and flooding in urban centres.

Aniebiet Obot, the Projects and Partnerships Director at SustyVibes, stated that since its inception in 2016, the Conference has served as a unifying platform for youths, communities, and government authorities to promote environmental stewardship. 鈥淚n line with this year鈥檚 World Cleanup Day,

SustyVibes, supported by the UPS Foundation and working in partnership with UPS Nigeria, challenged Nigerian households and businesses to rethink what is typically considered waste – such as textile offcuts, used plastics, and bottles . These can be easily transformed into valuable products like jewellery, bags, or flowerpots as demonstrated during the DIY (do-it-yourself) training sessions provided to stakeholders. “

By mobilising 5% of citizens as environmental leaders, SustyVibes believes these young changemakers can inspire the remaining 95% of their communities to adopt sustainable behavioural practices such as recycling, upcycling, and championing a waste-free lifestyle. The event was simultaneously hosted in Lagos, Abuja, Adamawa, Kaduna, Kwara, Abia, Imo, Enugu, Rivers and Ilorin. More than 570 volunteers, the majority of them young people, took part in the event, reflecting the growing role of youth in leading environmental action. Activities at the conferences included clean-up drives, DIY, upcycling sessions, and 鈥淚ntervibes鈥 to collect data and local insights on waste management practices.

Through these efforts, the conference directly engaged community members, from households to businesses, in conversations about waste pollution, highlighting textile waste through sustainable fashion campaigns and practical solutions for reducing fabric waste. Altogether, the effort resulted in the collection of over 2,724.8 kilograms of waste across the 10 cities.

About SustyVibes SustyVibes is a youth-led organisation making sustainability accessible and relatable for young Africans. Through community-led projects, media, and pop culture-driven initiatives, SustyVibes demonstrates how sustainability can improve everyday life. SustyVibes has spearheaded projects like Bioverse NG, the Eco-Anxiety Africa Project (TEAP), Naija CookWise Campaign, Lotus, Street Dreams etc. in partnership with organisations such as UPS, Ashoka Foundation, UMI Fund, Youth Climate Justice Fund etc.

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鈥楶roducers are Key Collaborators in an Album鈥檚 Success,鈥 says Timbun /2025/10/03/producers-are-key-collaborators-in-an-albums-success-says-timbun/ /2025/10/03/producers-are-key-collaborators-in-an-albums-success-says-timbun/#respond Thu, 02 Oct 2025 23:23:00 +0000 /?p=1129958

In the world of music, debates often arise about what truly makes a hit. Is it the artiste, the songwriter, or the producer? While some argue that without producers there would be no hit records鈥攃iting legends like Dr. Dre, Timbaland, and Nigeria鈥檚 own Pheelz鈥攎ost agree that success is a collective effort.

For Nigerian Music Producer, Songwriter, Mixing and Mastering Engineer Oluwabunmi Oluyole-Balogun, professionally known as Timbun, the answer is clear yet balanced. 鈥淎ll parties are important,鈥 he notes, 鈥渂ut music producers play an integral role, often serving as the bridge between raw talent and polished success.鈥

That philosophy has guided Timbun through more than a decade in the Afrobeats industry, where he has steadily built a reputation as a sonic architect. His signature tag, 鈥淭imbun with the Melody,鈥 has become a familiar stamp across multiple hit records.

His journey is one of dedication rather than overnight success. Timbun鈥檚 credits include contributions to some of Afrobeats鈥 biggest projects; DJ Neptune鈥檚 Greatness III, where he produced six tracks, DJ Neptune鈥檚 Greatness IV, shaping the sound with contributions on thirteen tracks and Skales鈥 Martina鈥檚 Son album, where he crafted a standout track.

Each project reflects his versatility鈥攚hether blending the grit of the streets with mainstream rhythms or engineering music that resonates beyond Nigeria鈥檚 borders. His productions go beyond beats; they create experiences that amplify the artiste鈥檚 vision.

Like the producers he admires, Timbun represents a generation redefining Afrobeats for the global stage. His precision, passion, and ear for melody make him more than just a producer鈥攈e is a catalyst, proving that behind every great artiste, there is often a sound architect shaping the sonics.

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How David Jeng has Inspired 10,000 Entrepreneurs in over 20 African Countries /2025/09/11/how-david-jeng-has-inspired-10000-entrepreneurs-in-over-20-african-countries/ /2025/09/11/how-david-jeng-has-inspired-10000-entrepreneurs-in-over-20-african-countries/#respond Wed, 10 Sep 2025 23:52:00 +0000 /?p=1122490

Oluchi Chibuzor

For a fact, entrepreneurs are crucial to economic growth, in any country. They are sources of countless ideas that touch on everyday lives.

However, many aspiring entrepreneurs across Africa, have found it difficult to bring their ideas to reality due to the challenges faced by startups on the continent, and this prompted Gambian entrepreneur and international business consultant, David Jeng to rise to the occasion 鈥 a decision that ultimately transformed his career and many Africans entrepreneurial journey.

For David Jeng, entrepreneurs are the unsung heroes of Africa鈥檚 economic landscape, shepherding the dreams and aspirations of millions of young Africans.

In the course of his career, David Jeng has supported and inspired more than 10,000 entrepreneurs across over 20 African countries 鈥 Gambia, Senegal, Ghana, Nigeria, Sierra Leone, Ethiopia, Rwanda, Tanzania, Kenya, Zimbabwe, Ivory Coast, USA, Caribbean, and many others.

Jeng who specialises in training, business development, policy formulation, investment facilitation, access to finance, the digital economy, and business incubation, has supported and trained other entrepreneurs in Zambia, South Sudan, Uganda, Malawi, Namibia, Lesotho, Cameroon, Mauritius, DRC, Gabon, Benin, Niger.

Running a small business in Africa is no easy feat. Entrepreneurs often wear multiple hats: managing sales, customer service, marketing, and operations 鈥 all while trying to stay afloat in a competitive market, and as such David Jeng has stood in the gap as a beacon of hope for many of these aspiring entrepreneurs

Determined to find a solution, David, a founder of Bliss Executives, a management consultancy firm dedicated to supporting the growth and competitiveness of small enterprises across Africa, has continuously helped entrepreneurs in different areas to develop their talent and access clients while creating opportunities for them to maximise their potential.

When David Jeng served as the 糖心视频 Support Coordinator at Startup Incubator Gambia, where he played a key role in developing and guiding early-stage ventures, he stressed on the need for entrepreneurs to be armed with the relevant practical skills required to establish sustainable businesses and enterprises.

One of the major challenges identified by David Jeng was the issue of lack of access to the capital required to translate ideas into successful businesses. He argues that this gap in access to finance has become a major obstacle to the rapid development of entrepreneurship in African continent over the years.

Looking back on his journey, David Jeng has led and contributed to numerous WIPO programs, including acting as Lead Consultant for the IP+ Accelerator Program for SMEs in The Gambia and delivering training and mentorship under the IP Agribusiness Program for Women Entrepreneurs in Africa.

So far, these entrepreneurs who have been supported and inspired by David Jeng across various African countries, are driving innovation and change across various sectors. These individuals are leveraging technology and creativity to address local challenges, creating solutions that resonate with their immediate communities. He has been instrumental in devising and implementing strategies in entrepreneurship, innovation, and intellectual property that yield measurable results.

These young entrepreneurs are not just building businesses, they are forging the future, embodying the spirit of nation-building with a passion for problem-solving and innovation for African continent.

According to Jeng, entrepreneurs across African countries are doing very well for the economy and when they are better empowered, they empower the economy as well.

On his advice to aspiring entrepreneurs, Jeng called for innovative solutions to help transform how African entrepreneurs manage their operations.

Jeng admonished: 鈥淵ou need to build with a concise long-term vision, not just for quick and immediate wins, also leverage technology and data to scale and most importantly, surround yourself with the right network and partners who will help you grow and elevate your brand.鈥

On the part of the government, Jeng insisted that government must continually provide the enabling environment for entrepreneurs to thrive, stressing that entrepreneurs are not just problem solvers, but also job creators and drivers of economic growth.

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NECA Champions 糖心视频, digital Economy at Africa Employers鈥 Summit /2025/09/09/neca-champions-business-digital-economy-at-africa-employers-summit/ /2025/09/09/neca-champions-business-digital-economy-at-africa-employers-summit/#respond Mon, 08 Sep 2025 23:39:00 +0000 /?p=1121328

Oluchi Chibuzor

The Nigeria Employers Consultative Association will be part of a summit hosted by the Federation of Kenya Employers, BUSINESS Africa Employers’ Confederation, International Labour Organization (ILO) & the International Organisation of Employers (IOE) and meant to champion business growth and digital economy in the continent.

This high-level event brings together business leaders, policymakers, and global experts to shape the future of work in Africa. The Summit is the premium gathering of Employers in Africa and arguably the biggest investment and networking platform for all African nations.

Speaking at the summit, the President of NECA, Dr. Ifeanyi Okoye, mni, noted that African businesses need to continue to innovate in order to reposition for the ever changing workplace.

Also speaking at the Summit, the Director-General, NECA, Adewale Smatt-Oyerinde stated that digital economy and skills development will be a fundamental factor in driving enterprise sustainability and competitiveness. Governments across Africa must be deliberate and focused on providing a hospitable environment for digital entrepreneurs to thrive.

Key takeaways at the opening ceremony include the need for African businesses to take advantage of its comparative advantage to drive growth and sustainable development; the imperative to upscale the conversation on productivity through focused and strategic vocational training interventions and the need to proactively leverage the opportunities of the platform economy through growth-focused legislations and regulations for the greater good of Africa.

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French Consulate in Lagos Celebrates French National Day, highlights 鈥楾eam France鈥 achievements /2025/07/14/french-consulate-in-lagos-celebrates-french-national-day-highlights-team-france-achievements/ /2025/07/14/french-consulate-in-lagos-celebrates-french-national-day-highlights-team-france-achievements/#respond Sun, 13 Jul 2025 23:00:00 +0000 /?p=1102838

The Consul General of France in Lagos, Laurent Favier, this weekend, celebrated the French national day and highlighted the many achievements of 鈥楾eam France鈥 in the country, alongside its Nigerian partners.

The commemoration of French National Day celebrates the country’s evolution from a monarchy to a republic, symbolising the solidarity of every French region and citizen with the ideals of “liberty, equality and fraternity,” which later became the motto of the Republic.

Celebrated yearly on 14th July, these values have guided France’s action while promoting international solidarity, peace, democracy and multilateralism.

During his opening speech, Favier said apart from the common values and bonds linking Nigeria and France, the bilateral relationship, which has a history spanning many decades, has experienced significant growth recently, notably through various official visits over the past two years and climaxing with President Tinubu’s state visit to France in late 2024 and the working visit of several Governors to Paris in April 2025.

He added that new partnerships and MoUs have been established over the last months, towards the same objectives of jobs creation and entrepreneurship in various sectors such as vocational training, creative and cultural industries, digital and technological innovation, e-sport, student mobility and university cooperation showcasing the vitality of our cooperation.

He went on to add that the Cooperation and Cultural department of the French Embassy in Lagos continues to focus its efforts on the audiovisual sectors (film, animation, documentary, esports and video games) as well as cultural fields (fashion and design, heritage, music and performing arts).

Through the Cr茅ation Africa programme he said, its initiatives emphasise professional training, support and funding for local projects, connection with French expertise and the mobility of Nigerian professionals to France for key industry events.

鈥淚n collaboration with the research institute IFRA, based in Ibadan, the Cooperation and Cultural department is also developing various activities with Funds for Cultural and Creative Industries (FEF), particularly around Nigeria’s alternative heritage, including the upcoming travelling exhibition on Fela Kuti in Lagos, in partnership with the Philharmonie de Paris.
This department further facilitates curatorial and design residencies in collaboration with the Cit茅 Internationale des Arts and aims to enhance intellectual exchange and professional movement.

鈥淎ll cultural events are organised in close collaboration with the two Alliance Francaise centers in Lagos, which play a significant role in the city’s yearly cultural agenda, including events like the F茅te de la Musique and the Francophonie celebration,鈥 he said.

Fueled by a flourishing creative economy and thriving music and film industries, Nigeria has established itself as a driver of global pop culture and will again be the cultural powerhouse of the continent when it hosts a major event coming up in October.

Following President Emmanuel Macron’s commitment, Cr茅ation Africa Forum will cross the Mediterranean to establish its second edition in Lagos following the success of its first edition held in Paris in 2023 (323 African guests, 35 African countries, 50 French companies). This expanded edition in Lagos will explore new fields, such as digital innovation in fashion, sound design and special effects, while welcoming over 600 African and European participants, particularly from the young and emerging generations.

With its reinvigorated purpose, the Cr茅ation Africa Forum seeks to establish itself as a key event in the global creative scene, bridging the energetic creativity of Africa with new markets and worldwide audiences.

Also noting that Nigeria has been a significant technical and financial partner of the French Development Agency, he said over 3.3 billion euros has been invested in more than 57 projects, including 800 million euros through its private-sector subsidiary, Proparco.

The goal of the partnership between AFD and Nigeria he said, is to promote a sustainable and inclusive development model that creates employment, enhances infrastructure and enhances education and skills development.

AFD’s financing has had significant effects on Nigerians in 23 states, with 2.2 million people benefiting from permanent access to basic services and resilient infrastructure. AFD-funded projects have led to the improvement of drinking water access for one million people, the creation or support of 300, 000 jobs, and the saving of 500, 000 tons of C02 emissions every year.

鈥淭he AFD’s commitment to public transport and mobility in Lagos is visible. The Omi Eko project’s goal is to provide a safe, desirable, and affordable alternative to road transport to 25 million passengers annually. The impact will be tangible, as there will be a decrease in traffic, a reduction in transportation expenses and a significantly improved quality of life. For instance, a commuter who travels from Ikorodu to Marina can benefit from significant time savings and a much more pleasant journey,鈥 he said.

Revealing that Nigeria is the first trading partner for France in sub-Saharan Africa and remains the main destination for French investments in West Africa, with approximately 60 per cent of total investments, he noted that over 14,000 Nigerians are employed by over 100 French companies that operate across the country.

These firms operate in crucial areas like oil and gas, agriculture and agri-food, pharmaceuticals, renewable energy, technology, logistics and microfinance. They make investments in factories, farms and vocational training institutes and establish long-term partnerships that exemplify their entrepreneurial drive and a strong commitment to social impact.

Expressing pride and joy at celebrating the French National Day with its Nigerian partners, Favier said all departments of the Consulate General do a remarkable job in promoting and deepening bilateral relations between Nigeria and France.

They include 糖心视频 France, the Economic Department (to foster economic and commercial business in France or in Nigeria), the French Development Agency (AFD) Group with its two subsidiaries, Proparco and Expertise France; the French Foreign Trade Advisors, who are a strong group of French Foreign Trade Advisors and can be found in the very dynamic Franco-Nigerian Chamber of Commerce, which has 500 members and the France-Nigeria 糖心视频 Council, Promosalons, Alliance Francaise de Lagos – Mike Adenuga center, the French Lyc茅e Louis Pasteur, Campus France (the gateway to attend higher education in France), as well as the Cooperation and Cultural Affairs Department.

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i-Scholar Initiative Champions Global Academic Access for Underserved Nigerian Youths /2025/07/01/i-scholar-initiative-champions-global-academic-access-for-underserved-nigerian-youths/ /2025/07/01/i-scholar-initiative-champions-global-academic-access-for-underserved-nigerian-youths/#respond Mon, 30 Jun 2025 23:16:00 +0000 /?p=1098625

The i-Scholar Initiative (iSI) has reaffirmed its dedication to empowering talented but underserved Nigerian youths through its 2025 Scholarship Awards, continuing its mission to bridge the opportunity gap and foster future African changemakers.

Themed 鈥淓xpanding the Pipeline of Change Agents to Transform Africa,鈥 the event celebrated a new cohort of scholars who have received funding and mentorship to pursue postgraduate studies at top global institutions.

In his opening remarks, iSI Founder Victor Ogunmola emphasized the organization鈥檚 core belief: 鈥淭alent is universal, but opportunity is not. We all have a role to bridge the gap for others.鈥

He described iSI鈥檚 model as a strategic response to systemic challenges that often hinder academically gifted Nigerian graduates from accessing international education. These challenges include the high cost of standardised exams, application fees, visa processes, and a lack of mentorship.

To overcome these barriers, iSI provides comprehensive support, including funding for GRE, GMAT, IELTS, and TOEFL exams, assistance with graduate school applications and visa processes, and access to a global network of mentors.

Since its launch in 2019, iSI has supported over 455 scholars, maintained an 85% success rate in securing fully funded scholarships, and facilitated access to more than $45 million in cumulative scholarship value. Beneficiaries have gained admission into leading institutions such as Stanford, Cornell, Tufts, the University of British Columbia, and the University of Southern California.

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Route to Market West Africa Summit 2025 Wraps Up with Resounding Success /2025/07/01/route-to-market-west-africa-summit-2025-wraps-up-with-resounding-success/ /2025/07/01/route-to-market-west-africa-summit-2025-wraps-up-with-resounding-success/#respond Mon, 30 Jun 2025 23:15:00 +0000 /?p=1098621

The Route to Market (RTM) West Africa Summit 2025, proudly sponsored by Excite Panacea, concluded with outstanding success after two dynamic days of thought leadership, innovation, and strategic collaboration.

Held on June 19鈥20 at the Lagos Marriott Hotel, Ikeja, the summit welcomed over 1,000 attendees, including senior executives, operators, and innovators from across Nigeria and West Africa.

For the organisers they would continue to champion consumer-centric innovation across West Africa’s FMCG Landscape.

Themed 鈥楥onsumer-Centric Growth and Market Resilience鈥, the summit tackled the evolving challenges and opportunities within the FMCG and technology ecosystem across West Africa.

During the event, the CEO of Bhojsons Plc, Narendra Nagarkar, delivered keynote address titled 鈥楤uilding a Consumer-Centric Route to Market: Harnessing Insights and Technology for Success鈥 , while the Managing Director of PZ Cussons Nigeria, Oghale Elueni, spoke on 鈥楤uilding Resilience in West Africa鈥檚 Dynamic Markets: Strengthening Route to Market for Consumer-Centric Growth鈥.

The summit featured six insightful panel sessions and a fireside chat, with participation from top industry leaders across various sectors.

The first panel, 鈥楨conomic Factors Affecting Consumer Markets鈥 included Victor Ndukauba (Afrinvest), Ugo Obichukwu (Nairametrics), and Modupe Femi-Okunbanjo (Unilever), and was moderated by Gbesan Olatunji.

The second session, 鈥楲everaging Technology for Market Access鈥 featured Adesegun Orafidiya (BAT), Ezekiel Olajolo (Moniepoint), and Godson Nkeokelonye (Excite Panacea), with Mark Wilhem serving as the moderator.

In the third panel, titled 鈥楥onsumer-Centric Marketing Strategies鈥 speakers included Emeke Nwodo (Perfetti Van Melle), Segun Ogunleye (Diageo), Tola Bamigbaiye Elatuyi (Meristem), and Maureen Ifada (FC WAMCO), moderated by Femi Ogundoro.

The fourth session, 鈥楧ata-Driven Decision Making鈥 brought together Peter Mofoke (Kantar), Austyne Umeh (PZ Cussons), and Bukola Akinpelu (Unilever), with Adebola Afolabi as moderator.

The fifth panel, 鈥楿nderstanding Consumer Trends in West Africa鈥 featured Ayobami Aiyedogbon (Danone), Feyi Olubodun (Open Squares Africa), Barong Asiodu (Rite Foods), and Franklin Ozekhome (Makvrade), and was moderated by Ifeayin Benjamin (Coca-Cola).

Finally, the sixth panel, 鈥楤uilding Effective Sales Strategies鈥, included Prahlad Gangadharan (OmniBiz), Anthonilious Okojie (Lafarge Africa), Anselem Ikeotuonye (Nigerbev), and Adebola Arotiowa (Chivita|Hollandia), with Abrianna Bossman moderating the session.

A fireside chat with Oghale Elueni and Godson Nkeokelonye, MD of Excite Panacea, offered practical strategies for evolving retail ecosystems.

The organisers noted that the event was supported by sponsors like Excite Panacea (Title Sponsor & Technology Partner), PZ Cussons, Nigerbev (Makers of Best Drinks), Coca-Cola Nigeria and Danone Nigeria.

These partners, according to them, played a vital role in advancing the summit鈥檚 mission to drive innovation and collaboration across the region鈥檚 distribution landscape.

Looking Ahead the Managing Director of Excite Panacea, Godson Nkeokelonye, said that , 鈥淭he summit was not just about ideas; it was about action. We鈥檙e proud to see such strong collaboration across brands, distributors, and enablers committed to shaping the future of consumer access in West Africa.

鈥淓xcite Panacea is a dynamic supply chain technology company that empowers Consumer Packaged Goods (CPG) manufacturers, distributors, and retailers to optimize their operations across complex value chains.

鈥淏y blending advanced technologies with deep industry insight, we deliver innovative technology services that drive operational efficiency, and enable data-driven decision-making across the supply chain.鈥

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Oye Exits NACCIMA, OPSN, Bequeaths聽Balanced聽Budget,聽Substantial Bank聽Balance /2025/06/20/oye-exits-naccima-opsn-bequeaths-balanced-budget-substantial-bank-balance/ /2025/06/20/oye-exits-naccima-opsn-bequeaths-balanced-budget-substantial-bank-balance/#respond Thu, 19 Jun 2025 23:25:00 +0000 /?p=1094616

Oluchi Chibuzor

After two impactful years at the helm of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and six months leading the Organised Private Sector of Nigeria (OPSN), Dele Kelvin Oye has taken a bow, leaving behind a bold and indelible legacy of unprecedented growth and visionary leadership that have reshaped the private sector and set it on the path of sustainable development and global competitiveness.

Since assuming office in June 2023, Oye has been at the forefront of championing private sector growth and reform in Nigeria, leveraging his vast experience, networks and expertise to drive meaningful dialogue, unlock investment opportunities, and reposition NACCIMA as a key player in economic policy formulation and national development.

In his long list of achievements are the unification of private sector voices under a cohesive advocacy platform, the expansion of NACCIMA鈥檚 membership base, the promotion of trade facilitation policies such as the Single Trade Window, and successful international business missions that attracted significant investment interest in Nigeria.

In a valedictory note highlighting his achievements, challenges, and strategies for navigating the dynamic landscape of Nigeria’s business environment, Oye commended the Federal Government, President Bola Ahmed Tinubu, Minister of Trade and Investment, Dr. Jumoke Oduwole, leaders and members of NACCIMA, the media and all other stakeholders for their support throughout his two-year reign.

Giving an overview of his tenure, Oye said, “Taking on the role of NACCIMA President on June 8, 2023, I encountered a myriad of challenges, internally and externally. At the internal level,  there was unusual unhealthy competition amongst Chambers, such as economic fluctuations, regulatory hurdles, and a fragmented private sector landscape. While daunting, these challenges spurred the radical changes that our Association and its members urgently required.”

Oye identified challenges faced to include, “Confronting Nigeria’s economic instability, characterized by high inflation and diminished industrial capacity. I sought to transform these challenges into opportunities. Through constructive engagement with government entities, we facilitated the establishment of frameworks prioritizing cooperation over conflict.”

On his ompact on the business community during his tenure, Oye noted, “My leadership has concentrated not only on immediate gains but also on encouraging the long-term sustainability of Nigeria’s business sector.

“Feedback from our members reveals that NACCIMA has become a more vocal and engaged participant in economic discussions, enabling members to thrive in a competitive landscape. Initiatives such as financial literacy campaigns through our partnership with the Bank of Industry and capacity-building programs for MSMEs have empowered numerous businesses.”

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Whitesands Agro Secures Union for Ethical BioTradeCertification /2025/06/17/whitesands-agro-secures-union-for-ethical-biotradecertification/ /2025/06/17/whitesands-agro-secures-union-for-ethical-biotradecertification/#respond Mon, 16 Jun 2025 23:00:00 +0000 /?p=1093522

Oluchi Chibuzor聽

Whitesands Agro Commodities Limited, an agro-commodities company has announced that it has successfully earned the Union for Ethical BioTrade (UEBT) certification. 

Speaking on the implications for certification, a Director at Whitesands Agro, Zainab Sanusi said the certification further holds companies to high ethical standards in their sourcing practices, including respect for biodiversity, ecosystem protection, and the promotion of fair practices. 

Sanusi said that this certification reflects Whitesands Agro鈥檚 unwavering dedication to setting the pace in modern agricultural practices, that lay emphasises on sustainability, eco biodiversity, and traceability. 

He said, 鈥淲e are incredibly proud to have received the UEBT certification, as it represents the culmination of years of hard work and dedication to sustainable, ethical sourcing. This certification reaffirms our ongoing commitment to protecting biodiversity, supporting local communities, and contributing to a sustainable agricultural industry. We鈥檙e excited to continue this journey and look forward to the positive impact it will have on our partners and the planet, which encompass the working conditions of farmers, their accessibility to training, and supporting eco-friendly materials that can help improve their farming practices.鈥 

The UEBT certification is a globally recognised standard that serves as a leeway for Agribusinesses to export their goods into the European market. 

Commenting, a Director at Whitesands Agro, Babasola Aluko, said by earning the UEBT certification, Whitesands Agro demonstrates that sustainable agriculture can drive not only business success but also positive social and environmental outcomes. 

鈥淭he UEBT certification was a natural next step for us due to the need to remain competitive in the international market and promote sustainability and traceability for a company that intends to endure for generations.Whitesands Agro鈥檚 focus is to continually Change the narrative in regards to agribusiness by Exporting superior quality agro commodities and nurturing sustainable agriculture, so the future generations can benefit from the planet’s rich resources,鈥 Aluko said.

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AMATO, MWUN聽聽Reaffirm COMTUA Not Recognised by Maritime Trucking Unions /2025/06/12/amato-mwun-reaffirm-comtua-not-recognised-by-maritime-trucking-unions/ /2025/06/12/amato-mwun-reaffirm-comtua-not-recognised-by-maritime-trucking-unions/#respond Wed, 11 Jun 2025 23:46:00 +0000 /?p=1091749

Oluchi Chibuzor

The Association of Maritime Truck Owners (AMATO) and the Maritime Workers Union of Nigeria (MWUN) have firmly reiterated that the Council of Maritime Truck Unions and Associations (COMTUA) is no longer recognised and has no standing in Nigeria鈥檚 maritime sector.

Speaking on the development, Chairman of AMATO, Remi Ogungbemi and Head of Media at MWUN, Kennedy Ikemefuna, restated the position first made public in August 2023 that COMTUA has been disbanded by its founding unions and associations.

Ogungbemi said anyone parading himself as COMTUA is doing so at his own peril. 

” COMTUA has been disbanded,鈥 Ogungbemi said. 

Echoing this stance, Ikemefuna of MWUN added, 鈥淲hoever he is talking to, that is their business because they are no longer with Maritime Workers Union of Nigeria.鈥 He emphasized that MWUN, along with the other founding bodies, no longer recognizes COMTUA in any form.鈥

This reaffirmation comes in response to recent claims by unidentified individuals purporting to represent COMTUA and attempting to engage in negotiations or represent truckers鈥 interests in the maritime sector. According to both AMATO and MWUN, such individuals are acting without authority and in direct defiance of the formal dissolution.

In August 2023, seven major unions and associations 鈥 MWUN, AMATO, the Nigerian Association of Road Transport Owners (NARTO), Road Transport Employers Association of Nigeria (RTEAN), National Union of Road Transport Workers (NURTW), Container Truck Owners Association of Nigeria (COTOAN), and Amalgamation of Container Truck Owners Association of Nigeria (ACTOAN) 鈥 formally disbanded COMTUA and issued a stern warning to all stakeholders and security agencies not to engage with anyone acting under its banner.

At the official dissolution ceremony held at the NARTO Secretariat in Lagos, COMTUA鈥檚 founding president, Thomson Olaleye, declared that the council had “outlived its usefulness” and ceased to exist as of July 31, 2023.

鈥淐onsequently, the freedom to associate, under which COMTUA was formed, has ceased upon the termination of the MoU and the body hitherto called COMTUA has died,鈥 Olaleye.

Security agencies and government bodies were formally notified and instructed to treat any ongoing operations or representations by COMTUA-affiliated individuals as illegal. 

鈥淲hoever parades himself as executive of the body should be treated as an impostor and subsequently arrested,鈥 the group warned.

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Foundation Recognises Expatriates Contribution to Nigeria鈥檚 GDP With Awards /2025/05/28/foundation-recognises-expatriates-contribution-to-nigerias-gdp-with-awards/ /2025/05/28/foundation-recognises-expatriates-contribution-to-nigerias-gdp-with-awards/#respond Tue, 27 May 2025 23:26:00 +0000 /?p=1087128

Oluchi Chibuzor 

The TEBA Foundation for Humanity, a Non-Governmental Organisation (NGO), has commended the contributions of expatriates to the growth of Nigeria鈥檚 Gross Domestic Product (GDP).

The foundation in order to further encourage the expatriates irrespective of their countries of origin, recognised them with, 鈥淭he Expatriates 糖心视频 Awards,鈥 which it believed would further inspire them to give more to the Nigerian society and ensure the country鈥檚 citizens are more engaged.

Speaking at the unveiling of the awards in Lagos recently, Odunola Abayomi, Director of Awards, TEBA Foundation, said that the project aimed at rewarding entrepreneurial spirits of successful foreign personalities, groups, corporate firms and loyal migrants who now see and call Nigeria their homes.

She said the awardees had evolved their lives to contribute to the country鈥檚 business landscape over the years, adding that the awards were a testament and celebration of Nigeria鈥檚 multifarious business people.

According to her, the company was currently conducting public opinion polls, meticulous research, and reviewing nominations from the general public, insisting that the integrity of its selection process was sacrosanct.

Also commenting, the Head Samuel, the Head, Marketing Communication, Aero Contractors, Irene Samuel, said that the airline as a cultural ambassador, which encourages diversity, supported TEBA Foundation in recognizing worthy persons who have contributed to the growth of the nation.

She said that the partnership was an opportunity for the airline to identify and appreciate expatriates who reside in the country and create job opportunities for Nigerians.

She added: When you evaluate the Nigerian economy, you will find out that they contribute something to the GDP of this country. So, we can鈥檛 just let them go unknown or without appreciating their contributions.鈥

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APM Terminals:聽Sustainable聽Growth in Africa聽Only聽Possible through PPP /2025/05/22/apm-terminals-sustainable-growth-in-africa-only-possible-through-ppp/ /2025/05/22/apm-terminals-sustainable-growth-in-africa-only-possible-through-ppp/#respond Wed, 21 May 2025 23:54:00 +0000 /?p=1085311

Oluchi Chibuzor

Lasting infrastructure, inclusive employment and sustainable growth in Africa is only possible when governments and businesses work together (Public-Private sector partnership), sharing knowledge and co-investing in the future, APM Terminals Regional Managing Director, Africa and Europe, Igor van den Essen has said. 

He made this known at the recently concluded Africa CEO Forum, which held in Abidjan, Cote D Ivoire.

At the panel session on themed, 鈥淐harting New Trade Routes: Strengthening the Resilience of African Supply Chains,鈥 Igor saidthe essential role of public-private partnerships to enable long-term development had bene a recurring theme throughout the forum.

 鈥淭his is precisely the mindset guiding our engagement in, for instance, Nigeria. We are in active discussions with the port authority and government partners to upgrade our terminal in Lagos to service larger vessels, strengthen connectivity and lower the cost of doing business. This is operational excellence in action, built on local collaboration, long-term planning and customer-centric design to create joint predictability and stability.鈥

He added that Africa was set to play a vital role in global trade, driven by its rapidly growing populations and economies. Yet, without major investment in ports, roads and rail, its infrastructure gap will only widen. 

Economic development is directly linked to robust port infrastructure. Seaport upgrades, inland connectivity and corridor developments are among the most effective levers for improving competitiveness, boosting exports and driving the economy. Investing in infrastructure is investing in Africa鈥檚 future. It strengthens local industries, attracts private investment and provides the foundation for stable and self-sustaining growth.

鈥淭hat鈥檚 why our investments go beyond the quay. We鈥檙e building integrated logistics services, including cold chain solutions, distribution hubs and digital tools that boost safety, reliability and performance across the board. Integration is how we remove barriers, unlock efficiencies and deliver results for all stakeholders,鈥 Igor said.

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Adeniyi: NCS Enforcing Fiscal Measures That Promote Shift from Fossil Fuel /2025/05/21/adeniyi-ncs-enforcing-fiscal-measures-that-promote-shift-from-fossil-fuel/ /2025/05/21/adeniyi-ncs-enforcing-fiscal-measures-that-promote-shift-from-fossil-fuel/#respond Tue, 20 May 2025 23:28:00 +0000 /?p=1085004

Oluchi Chibuzor 

The Comptroller General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has said the service is committed to enforcing fiscal measures that will promote a shift away from fossil fuel dependency in line with the country鈥檚 goal in achieving net zero emission by 2060.

In view of this, he said the service launched an import and export procedure handbook for renewable and efficiency technologies. 

Speaking at a Trade Facilitation Stakeholders Consultative Forum 2025, themed, 鈥淭rade Facilitation Measures for Renewable Energy and Energy Efficiency Technologies,鈥 in Lagos, Adeniyi said that in alignment with this year鈥檚 theme, the NCS proudly supports the World Customs Organisation (WCO) Green Customs Initiative, which aims to facilitate the trade of environmentally sustainable goods.

He noted that the NCS plays a pivotal role in supporting these national goals by facilitating the importation of renewable energy technologies.

According to him, 鈥淎s a signatory to the Paris Agreement, Nigeria is committed to transitioning towards cleaner and more efficient energy systems. Under the leadership of President Bola Ahmed Tinubu, the Federal Government continues to champion policies that foster investment, ensure sustainability, and promote responsible industrial practices, as outlined in Nigeria鈥檚 Energy Transition Plan (ETP).

鈥淭he NCS plays a pivotal role in supporting these national goals by facilitating the importation of renewable energy technologies and enforcing fiscal measures that promote a shift away from fossil fuel dependency, with a view to achieving net-zero emissions by 2060. As we commemorate the first anniversary of the Advance Ruling Programme, which has provided greater transparency and predictability in trade, I reaffirm the unwavering commitment of the Nigeria Customs Service鈥攖ogether with our global partners鈥攖o ensuring efficient, secure, and sustainable trade operations.鈥

He noted that with the increasing volume of global trade, expanding global value chains, and the rise of e-commerce and Just-In-Time services, they will continue to adopt seamless mechanisms to facilitate trade.

鈥淚t has become imperative for Customs administrations to adopt mechanisms that support the seamless flow of legitimate trade. Such mechanisms are essential not only for sustaining international commerce but also for empowering small and medium-sized enterprises (SMEs) to benefit from cross-border trade,鈥 he said.

Speaking, the Country Director, GIZ Nigeria and ECOWAS, Dr. Markus Wagner, said cooperation with Nigeria in the energy sector specifically, technical expertise has proven instrumental in developing renewable energy policies, supporting rural mini-grid establishment, and enhancing nationwide energy efficiency standards.

Wagner, represented by Head of Programme, Nigerian Energy Support Programme (NESP), Duke Benjamin, said that, collaborative effort between them and NCS have significantly improved operations.

鈥淥ur collaborative sensitization programmes for importers and customs officers on renewable energy and energy efficient technologies classification and valuation have significantly improved operational efficiency while ensuring regulatory compliance. Complementing these efforts, your digital reforms in documentation and processing have accelerated trade in sustainable energy products throughout Nigeria,鈥 he said.

For the Vice Consul, Economic and Cultural Affairs , Consulate General of the Republic of Germany, Jochen Schindelarz, coordinated effort is required for sustainable energy.

鈥淎s the international community seeks to reduce carbon emissions and embrace sustainable energy solutions, Germany recognises that coordinated action is necessary to achieve transformative change and sustainable growth. By exploring collaborative approaches, Nigeria can harness the potential for massive expansion of its renewable energy and energy efficiency resources, reposition itself in the changing global energy market. Therefore, the decisions Nigeria makes in the coming years will be vital in determining its path to becoming a global leader in this emerging sector,鈥 he said.

However, on the handbook, Adeniyi, represented by Deputy Comptroller-General of Customs, Tariff and Trade, Caroline Niagwan, said it is designed to be stakeholders鈥 clear and practical guide. 

He explained that they understand that renewable energy and energy efficiency technologies are essential for a brighter future powering homes and businesses, creating jobs, protecting the environment, and fulfilling Nigeria’s commitments like the Energy Transition Plan.

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Role of Financial Innovation in Enhancing Food Security, Agriculture in Nigeria /2025/05/19/role-of-financial-innovation-in-enhancing-food-security-agriculture-in-nigeria/ /2025/05/19/role-of-financial-innovation-in-enhancing-food-security-agriculture-in-nigeria/#respond Sun, 18 May 2025 23:58:00 +0000 /?p=1084285

Oluchi Chibuzor narrates how Sterling Bank driving famers鈥 access to finance through digital solutions, customised financing, and strategic partnerships that empower them, boost yields, and strengthen food systems.

What if the key to Nigeria鈥檚 food security wasn鈥檛 more farmland – but smarter financing?

Despite boasting over 84 million hectares of arable land, many Nigerian farmers remain cut off from the financial tools they need to grow. In 2022, only 7 per cent of farming communities secured bank credit (NBS, 2022), leaving millions unable to scale operations. However, Sterling Bank is changing that narrative through digital solutions, customised financing, and strategic partnerships that empower farmers, boost yields, and strengthen food systems.

According to the Food and Agriculture Organization (FAO), agriculture contributes significantly to Nigeria鈥檚 gross domestic products (GDP), employing around 35 per cent of the workforce. The sector spans four key sub-sectors: crop production, livestock, forestry, and fishing.

Challenges in the Agricultural Sector

The agricultural industry faces deep-rooted challenges – low productivity, inadequate infrastructure, climate-related shocks, post-harvest losses, and most critically, limited access to finance. These factors have long discouraged commercial banks from engaging the sector.

However, in Lagos and Ogun States, the story is shifting. In 2022, 26% and 14% of farmers, respectively, accessed micro-credits (NBS) and nationally, the value of credit to private agriculture jumped from N853 billion in Q1 2020 to over N4 trillion by Q4 2021 1(NBS, 2022), illustrating what鈥檚 possible when financing is prioritised.

Unlocking Growth Through Financial Innovation

Sterling Bank has emerged as a transformative force in Nigeria鈥檚 agriculture sector. Through its HEART strategy – an investment focus on Health, Education, Agriculture, Renewable Energy, and Transportation- the bank developed the Agriculture Finance Value Chain Model (AgFin). This framework has channelled billions of Naira in financing to smallholder farmers, processors, and aggregators, enabling them to scale operations sustainably (Sterling Financial Holdings Company Annual Report, 2023).

鈥淲e鈥檙e investing in entire value chains, not just funding farms but supporting processors, aggregators, and market access,鈥 said Abubakar Suleiman, Managing Director and CEO of Sterling Bank. The bank鈥檚 approach is both financial and digital. Through collaborations with agritech startups, it delivers weather analytics, remote diagnostics, and market intelligence directly to farmers. Tools like SABEX, its commodity-trading platform, link farmers to buyers and eliminate middlemen, while initiatives like SWAY-AgFin increase financing access for women and youth. channelled billions of Naira in financing to smallholder farmers, processors, and aggregators, enabling them to scale operations sustainably (Sterling Financial Holdings Company Annual Report, 2023).

鈥淲e鈥檙e investing in entire value chains, not just funding farms but supporting processors, aggregators, and market access,鈥 said Managing Director and CEO of Sterling Bank, Abubakar Suleiman.

The bank鈥檚 approach is both financial and digital. Through collaborations with agritech startups, it delivers weather analytics, remote diagnostics, and market intelligence directly to farmers. Tools like SABEX, its commodity-trading platform, link farmers to buyers and eliminate middlemen, while initiatives like SWAY-AgFin increase financing access for women and youth.

Managing Director Sterling Bank Limited, Abubakar Suleiman Agriculture Summit Africa (ASA) and Beyond Sterling Bank convenes leading voices and changemakers at its flagship annual platform, Agriculture Summit Africa (ASA), a policy-driven forum advancing innovation, inclusive market access, and strategic collaboration across the agricultural value chain. Over the years, ASA has drawn the support and participation of respected partners including the Mastercard Foundation, Benue State Government, Leadway Assurance, and the International Finance Corporation (IFC), among others. These alliances have enriched the summit鈥檚 outcomes, powering farmer advisory programmes, nationwide radio initiatives, and evidence-backed policy dialogues designed to turn insight into action.To date, the bank has:

鈥 Financed over one million farmers

鈥 Disbursed more than N500 billion in agri-loans

鈥 Trained 22,000+ farmers in modern farming techniques.

Real-World Impact: The Palm Valley Story

One of the standout success stories of Sterling Bank鈥檚 agricultural financing journey is Palm Valley Nigeria Limited, a valued partner since 2019. In 2021, the company secured N276 million to finance rice and maize production for 1,500 farmers. By 2022, this support grew to N250 million, benefiting 1,700 farmers and cultivating over 1,313 hectares. In 2023, the funding increased to N461 million, expanding the project even further. By 2024, Sterling Bank provided N819 million to fund the cultivation of hybrid vitamin A maize, involving around 2,000 farmers. This growing partnership with Palm Valley is not just a testament to the bank鈥檚 success but has also attracted more partners into its agricultural financing ecosystem.

Strategic Partnerships and the Road Ahead

Group Head of Agric Finance and Solid Minerals at Sterling Bank, Dr. Olushola Obikanye, highlighted the value of structured commodity finance, where farmers use their harvest as collateral, a model that improves liquidity and reduces risk.

Sterling Bank鈥檚 inclusion in the Nigerian Food Systems Transformation Alliance underscores its role in shaping the country鈥檚 agricultural future. This multistakeholder platform, made up of FMCGS, financial institutions, and government agencies, seeks to build a resilient and inclusive food system by 2030. Looking ahead, the bank is committed to expanding access to:

鈥 Poultry finance

鈥 Fertilizer finance

鈥 Equipment and asset loans.

Through SABEX, it continues to bridge the gap between supply and demand, ensuring farmers get fair pricing and timely payments.

Where Strategy Delivers Results

Nigeria鈥檚 agriculture sector stands at an inflection point. With smart financing, inclusive platforms, and tech-driven solutions, Sterling Bank is proving that food security isn鈥檛 just a policy goal, it鈥檚 an achievable reality. To learn more or join the AgFin initiative, visit sterling.ng/agriculture

Sterling Bank is a leading Nigerian commercial bank and one of Africa鈥檚 most progressive financial institutions, widely recognized for its bold approach to customer advocacy and ethical banking. From eliminating local transfer fees through its OneBank platform to championing inclusive access to capital, the bank has consistently led with impact. Renowned for its HEART of Sterling strategy, which focuses major investments into the Healthcare, Education, Agriculture, Renewable Energy, and Transportation sectors of the Nigerian economy, Sterling continues to build financial solutions that go beyond banking to enable dignity, mobility, and opportunity for millions of Nigerians. Explore Sterling Bank offerings at sterling.ng.

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UNITY Shipping Worldwide: New Era of Nigerian Global Shipping /2025/05/08/unity-shipping-worldwide-new-era-of-nigerian-global-shipping/ /2025/05/08/unity-shipping-worldwide-new-era-of-nigerian-global-shipping/#respond Wed, 07 May 2025 23:00:00 +0000 /?p=1080755

With the ink barely dry on a landmark agreement, the Nigerian maritime industry stands on the cusp of transformation. In a historic move, the Nigerian National Petroleum Company Limited has partnered with Swedish global shipping titan, Stena Bulk and Nigerian marine and aviation logistics giant, Caverton to launch UNITY Shipping Worldwide. This partnership, formalised in April 2025, promises to reinvigorate Nigeria鈥檚 shipping prowess on a global stage, aligning with the government’s vision of a thriving, profitable oil sector. Oluchi Chibuzor reports

In its ongoing evolution, the Nigerian National Petroleum Company (NNPC) Limited made a critical decision back in 2018 to consolidate its shipping capabilities under NNPC Shipping Limited (NSL). The aim was to streamline operations and build a fleet comparable to global shipping leaders. Fast forward to 2025, and this vision has taken shape with the approval and subsequent signing of a joint venture with Stena Bulk and Caverton.

The announcement comes at a time when the global oil shipping demand is at an all-time high, with shipping playing a crucial role in the sustained global demand for energy. West Africa, with Nigeria as a significant contributor, exports approximately 3.8 million barrels of oil per day, underscoring the region’s vital role in energy logistics. The partnership is heralded as a crucial advancement for the Nigerian maritime sector, which has faced challenges in securing a substantial foothold on the international stage.

Historically, Nigeria’s maritime activities have evolved from simple trade systems in the 19th century to more structured advancements with the establishment of institutions like the Nigerian Ports Authority (NPA) and Nigerian Maritime Administration and Safety Agency (NIMASA). However, previous attempts to establish a national fleet, such as the now-defunct Nigerian National Shipping Line (NNSL), have met with financial insolvency and operational hurdles. Currently, Nigeria, the eighth-largest oil exporter globally, has lacked a national fleet鈥攁 gap that UNITY Shipping Worldwide is designed to fill.

This blend of Nigerian entrepreneurship and global maritime expertise is represented by Caverton, a logistics giant with an impressive market share in the regional oil and gas sector. With experience catering to major players like Nigeria LNG, Shell, Chevron, and Total, Caverton is well-placed to steer this joint venture toward success. Joining forces with Stena Bulk, known for its global shipping innovations and profitable joint ventures like the Stena Sonangol Suezmax Pool, the partnership harnesses a powerful maritime heritage.

Major transformation

At the formalisation meeting of Unity Shipping Worldwide held at the NNPC Tower, Abuja, were the NNPC Senior Management Team led by the Group CEO Bayo Ojulari. During his brief remarks he stated that, 鈥淣NPC is geared for major transformation and the ambitions set out are very clear. Shipping is a critical part of this transformation and he looks forward to journey as it will be a historic and unprecedented journey for the industry and for the NNPC with support from all levels of government.鈥 The new joint venture according to shipping experts will enable NNPC to deepen and expand its presence globally.

Praised for reigniting the country鈥檚 shipping identity, the partnership aligns with the government’s vision for local content participation. Nigeria鈥檚 Petroleum Minister, Heineken Lokpobiri, celebrated the venture as a bold move to revolutionise the energy sector and fortify Nigeria’s economic standing globally. During a presentation visit of the Unity partners in Abuja the minister said, 鈥淯nity Shipping Worldwide is evidence of President Bola Tinubu鈥檚 vision and was made possible by his leadership and vision in industrial reforms. It reflects the kind of impact-driven collaboration that we believe will transform the energy sector and strengthen Nigeria鈥檚 economic position.鈥

He added, 鈥淔or us to maximise expected profitability and deliver long-term value to the nation, every sector of the industry must be actively firm and aligned with one another.

UNITY represents a practical example of the government鈥檚 local content aspirations becoming reality. I am pleased to see a Nigerian company (Caverton) at the heart of this strategic partnership. It is not only a reflection of our commitment to inclusive development but also ensures national participation.鈥

鈥淲hatever we need to do as a government and as shareholders will be done to ensure that NNPC has the best deal in the overall interest of Nigerians. We will support this partnership with every power that we have. So, congratulations to all the parties as we look forward to seeing how this will be implemented for the benefit of all of us,鈥 he stated.

Tinubu administration’s aspirations

Equally endorsed by Minister of Marine and Blue Economy, Adegboyega Oyetola while welcoming the UNITY Shipping partners at the Ministry of Marine and Blue Economy, the Honourable Minister stated that the initiative mirrors the administration’s aspirations for indigenous shipping participation and international collaboration in maritime operations.

According to him, the collaboration is laudable, particularly the detailed presentation of the business model of operations. “I am excited today,鈥 he said. “Having lost the moribund Nigerian National Shipping Line, NNSL, a committee was set up by the Ministry to see the possibility of bringing back a national flag carrier shipping line that is based on Private Public Partnership (PPP). I don’t believe government should get involved in running some of the activities as I believe it is better to allow a private sector leader such as Caverton to help drive a venture like this.” Oyetola reiterated government support in encouraging indigenous efforts adding, “this is a perfect and laudable achievement in line with President’s agenda.鈥

For the CEO of Caverton, Olabode Makanjuola, the venture represents the culmination of years of planning. Emphasising a formidable blend of local knowledge and global best practices, Unity Shipping Worldwide is set to benefit not only Nigeria but also the wider sub-Saharan African region.

He stated, 鈥淭his joint venture 鈥 the result of close to a decade of planning 鈥 marks a significant stride in enhancing Nigeria鈥檚 maritime capabilities. By combining local knowledge with international best practices, we are establishing a world-class operation that will benefit not only Nigeria but the entire Sub-Saharan Africa region.鈥

He affirmed the company鈥檚 readiness to deliver on the objectives of Unity Shipping Worldwide. Makanjuola said, 鈥淚t has indeed been a labour of love. I am indeed humbled and grateful that a lot of this is culminating under thee present administration, and we assure you of our commitment to develop shipping capacity in line with best practices for Nigeria.鈥

Pperational excellence and sustainability

On his part, Erik H氓nell, President and CEO of Stena Bulk, expressed excitement at the collaboration, which he believes will significantly contribute to operational excellence and sustainability within Nigeria鈥檚 evolving energy sector.

He said, 鈥淲e鈥檙e excited to partner with NNPC and Caverton Marine in this ground breaking venture. This collaboration aligns perfectly with our pragmatic strategy of expanding our presence in key growth markets while maintaining our high standards of operational excellence and sustainability. Nigeria鈥檚 energy sector is undergoing remarkable transformation, and we鈥檙e proud to be part of this journey.鈥

He added, 鈥淚 am sure that with the impact this can potentially have for shipping in Nigeria and to carry Nigerian oil to the rest of the world, we are embarking on a journey to achieve the goals that you set up as a government.鈥

Also present at the fomalisation event was Panos Gliatis, Managing Director of NNPC Shipping. He said, 鈥淭his strategic partnership marks a significant milestone in NNPC鈥檚 commitment to modernising Nigeria鈥檚 maritime infrastructure. By combining our expertise with Stena Bulk and Caverton Marine, we鈥檙e creating a robust platform that will enhance our domestic refining, import and export capabilities and strengthen Nigeria鈥檚 position in global energy logistics.鈥

This strategic alignment is more than a commercial endeavour; it鈥檚 a strategic advancement that restores Nigeria鈥檚 global maritime footprint. The success of UNITY Shipping Worldwide will depend on collaborative innovation and robust operational agility, pushing the nation closer to achieving self-reliance in shipping capacities, safeguarding its position within the global energy landscape, and underscoring its economic aspirations.

As Nigeria eagerly watches UNITY Shipping Worldwide embark on this new voyage, the venture stands as a testament to the power of partnerships, and the promise of a growing maritime economy. With the wind in its sails and a solid course charted, UNITY Shipping Worldwide is set to transform Nigerian maritime transportation for generations to come. Let the voyage being!

QUOTES

鈥淭his strategic alignment is more than a commercial endeavour; it鈥檚 a strategic advancement that restores Nigeria鈥檚 global maritime footprint. The success of UNITY Shipping Worldwide will depend on collaborative innovation and robust operational agility, pushing the nation closer to achieving self-reliance in shipping capacities, safeguarding its position within the global energy landscape, and underscoring its economic aspirations.鈥

鈥淭his blend of Nigerian entrepreneurship and global maritime expertise is represented by Caverton, a logistics giant with an impressive market share in the regional oil and gas sector. With experience catering to major players like Nigeria LNG, Shell, Chevron, and Total, Caverton is well-placed to steer this joint venture toward success. Joining forces with Stena Bulk, known for its global shipping innovations and profitable joint ventures like the Stena Sonangol Suezmax Pool, the partnership harnesses a powerful maritime heritage.鈥

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University of Greater Manchester Enters Into Strategic Partnership with Talent School of 糖心视频, C么te d鈥橧voire /2025/05/07/university-of-greater-manchester-enters-into-strategic-partnership-with-talent-school-of-business-cote-divoire/ /2025/05/07/university-of-greater-manchester-enters-into-strategic-partnership-with-talent-school-of-business-cote-divoire/#respond Wed, 07 May 2025 16:53:00 +0000 /?p=1080975

Oluchi Chibuzor

The University of Greater Manchester (UoGM) and Talent School of 糖心视频 (TSB) officially inaugurated a new chapter of global collaboration with a high-profile Partnership Signing Ceremony in Abidjan, C么te d鈥橧voire.

This landmark partnership鈥攆ormalized through a signed Memorandum of Understanding (MoU)鈥攆ocuses on academic exchange, joint program development, and research collaboration in business, law, and artificial intelligence (AI).

The initiative is led by President and Vice Chancellor of the University of Greater Manchester ably supported by Dr Greg Walker, Pro Vice Chancellor Academics, Professor Celestine Iwendi, Head of UoGM鈥檚 Centre of Intelligence of Things (CIoTH), Dr Ike Uhumuavbi, Postgraduate Research and Knowledge Exchange Lead in the UoGM鈥檚 School of Law and Mr Effa Etta of Inversion Ltd are part of TSB鈥檚 ambitious strategy to internationalize and embed technology-driven education in West Africa.

The partnership forms part of TSB鈥檚 ambitious strategy to enhance internationalisation and promote technology-driven education in West Africa.

Speaking at the event, yesterday In Abidjan , C么te d’Ivoire, the UK High Commissioner to Cote I鈥檝oire, Ms Catherine Brooker, highlighted the potential of the partnership in deepening academic exchange between both countries.

She praised the long-standing cooperation between the two countries, while highlighting the immense potential of this agreement for the future of students and researchers.

“Education is a key driver of economic growth and intercultural understanding. This partnership will help strengthen ties between our two nations,鈥 she stated.

Commenting on the collaboration, the Vice Chancellor, UoGM, Prof. George Holmes, represented by the Pro Vice Chancellor, Dr. Greg Walker harped on the potential contribution of UoGM to this partnership.

On his side, Director of CIoTh at UoGM, Iwendi, while highlighting the plan of action, said Africa must embrace digitalisation to create entrepreneurs.

According to him, 鈥淭his will be the first British presence in Cote d’Ivoire University. And like the ambassador said, it’s not just giving people a British school experience, it is changing their lifetime. I’m also an African and we are the best in the world.

鈥淎s Professor of Artificial Intelligence, we want our people to learn about AI, about the Internet of Things, or what I call Intelligence of Things, IoT. We want our people to be entrepreneurial, productive. Africa is too rich. Our problem is our mentality. So if we can learn AI to be critical thinkers, we can change, we can rule the world.

鈥淲e don’t need aid from any foreign country. We have everything we need. But we must first believe in ourselves. We must apply intelligence, digital communication, especially using AI in the industry. So Talent 糖心视频 School, we are establishing our center in this Talent 糖心视频 School. We are partnering with them, it is not just about having a job. It is creating a job and making sure we are entrepreneurs.鈥

Speaking also, the President and Chief Executive Officer of Talent School of 糖心视频, Mr Mehdi Zarrouk, in capturing the strategic vision of TSB, said the partnership will be timely for the continent.

Notable people at the event are Founder, Inversion Limited, Mr. Effa Ettah; UK Ambassador to C么te d鈥橧voire, Ms. Catherine Brooker and the Ambassador of Tunisia to C么te d鈥橧voire, Zier SaadaouI; Acting Head of Nigeria Embassy in C么te d鈥橧voire, Mrs Ira Wika; Chair of the British Chamber of Commerce in C么te d鈥橧voire, Mr Amol N鈥橤attia and the Deputy Director of TSB, Dr Imen Amor.

Accordingly, the partnership will see the launch of joint degree programmes integrating disciplines of business, law, and AI, establishing research hubs dedicated to emerging technologies such as the Internet of Things (IoT).

Others are facilitating faculty and student exchange programmes, developing executive education offerings, planning future expansions into double degrees and practical learning pathways and establishing a Centre for AI and IoT- A hub for West Africa digital development.

As emphasized in the strategic vision presented at the event, this collaboration aims to position UoGM and TSB as influential leaders in applied research, innovation, and education closely aligned with industry needs. With C么te d鈥橧voire’s educational landscape rapidly evolving, this partnership lays a solid foundation for broad, sustainable impact across Africa and beyond.

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Digging Deeper: The Case for Responsible Mining in Africa /2025/05/07/digging-deeper-the-case-for-responsible-mining-in-africa/ /2025/05/07/digging-deeper-the-case-for-responsible-mining-in-africa/#respond Tue, 06 May 2025 23:17:00 +0000 /?p=1080466

Oluchi Chibuzor stresses the need for a deliberate effort to build mining models that consider long-term sustainability as part of operating logic, not as an afterthought

By all accounts, mining remains one of the most consequential economic activities on the African continent. From precious metals buried deep beneath Nigeria鈥檚 hills to vast cobalt deposits that power the global energy transition, the continent sits atop extraordinary mineral wealth. Yet with this abundance comes a responsibility鈥攁 responsibility that extends to the land, water, air, and perhaps most importantly, the communities surrounding every mine site.

In recent years, the discourse around responsible and sustainable mining has gained momentum, but practice often lags behind principle. Too many mining operations, particularly in emerging economies, are still synonymous with environmental degradation, community displacement, and opaque governance. That鈥檚 why it鈥檚 important to not only recognise the mines charting a different course鈥攂ut to study them closely, so their lessons can inform a better standard for the industry.

In Osun State, Nigeria, the operations of Segilola Resources Operating Limited (SROL) offer a compelling case study. As operators ofthe country鈥檚 first large-scale gold mine, Segilola has had to balance modern extraction techniques with a clear-eyed understanding of its environmental and social footprint. Their usage of compressed natural gas (CNG) generators as the main power supply helps to reduce greenhouse gas emissions by 25% and is part of Segilola Resources Operating Limited (SROL)’s broader ESG (Environmental, Social, and Governance) strategy. The mine utilises seven 1.2 MW CNG generators, with five in operation and two as standby, to power the processing plant. While diesel generators are also used for construction and as backup power, CNG is the primary fuel source for the main power supply.

This kind of contextual intelligence is not yet widespread across Africa鈥檚 mining belt, but it is catching on. In the Democratic Republic of Congo, the Kamoa-Kakula copper project has made headlines not only for its resource potential but for its relatively low carbon emissions compared to other large-scale copper producers. The joint venture, which includes Canadian company Ivanhoe Mines, has incorporated hydropower into its energy mix鈥攁n important step in decoupling mining activity from fossil fuels. Similarly, in Ghana, Newmont鈥檚 Ahafo mine has invested heavily in environmental monitoring and community partnerships. The mine funds independent environmental assessments, supports sustainable agriculture projects in host communities, and has instituted grievance mechanisms to ensure that local voices are not only heard but respected.

What unites these examples is not perfection but intent鈥攁 deliberate effort to build mining models that consider long-term sustainability as part of their operating logic, not as an afterthought. For instance, rather than relying solely on reactive measures, Segilola proactively waters haulage routes and applies molasses to bind loose soil and suppress airborne particles. It is a simple but effective innovation, rooted in both science and sensitivity.

With global demand for critical minerals surging, the pressure to exploit deposits quickly and cheaply is immense. But this moment also presents an opportunity: to build a mining ethos that is efficient without being exploitative, profitable without being predatory. Companies like Segilola Resources Operating Limited, Kamoa-Kakula, and Newmont are showing what is possible when operations are guided not just by ore grades and returns, but by the principles of equity and environmental care.

What comes out of the ground will always matter. But how we take it out鈥攁nd who we become in the process鈥攎atters just as much.

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