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Tinubu Celebrates Nigerian Modernism at Tate Modern: A Historic End to a Historic Visit

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L-R: Ofovwe Aig-Imoukhuede; Chairman of Access Holdings and Coronation Group, Aigboje Aig-Imoukhuede; President Bola Ahmed Tinubu and First Lady, Senator Oluremi Tinubu, during the President’s visit to the Nigerian Modernism exhibition at Tate Modern, sponsored by Access Holdings and Coronation Group.

In what marked a fitting and symbolic finale to a landmark state visit to the United Kingdom, President Bola Ahmed Tinubu, concluded his engagements with a distinguished reception at the Tate Modern, a global temple of art and ideas, where Nigeria’s cultural soul was on full display through the “Nigerian Modernism” exhibition.

The reception, attended by global dignitaries, including Deputy Prime Minister, David Lammy MP, members of the diplomatic corps, business leaders, and the Nigerian diaspora, was more than a ceremonial closing.

It was a powerful statement of identity, influence, and intent, an affirmation that Nigeria’s story is not only being told but is being celebrated on one of the world’s most prestigious cultural stages.

Describing the exhibition as “a testament to a revolution,” President Tinubu reflected on the bold generation of Nigerian artists who, in the mid-20th century, redefined their narrative and asserted their identity beyond colonial constructs.

“It is a profound honour to stand here… to witness the soul of Nigeria on display,” the President said. “What we see here is a people who have taken the best of global techniques and infused them with the enduring rhythms of our heritage.”

At the heart of this historic moment was the strategic partnership between Access Holdings Plc and Coronation Group, whose support brought the exhibition to life. President Tinubu commended both institutions for their visionary commitment to advancing Nigeria’s cultural diplomacy and creative economy.

“By bringing these works to London, you are not just hosting an exhibition; you are facilitating a vital dialogue between our past and our shared future,” he noted.

The evening reception captured the essence of the President’s Renewed Hope Agenda, a strategy that extends beyond economic reform to embrace the restoration and projection of Nigeria’s cultural identity as a cornerstone of national development and global engagement.

“Our creative industries: art, music, film, and literature are among our greatest exports. They represent Nigeria’s soft power in an interconnected world,” President Tinubu stated, reinforcing the role of culture as both an economic asset and a diplomatic bridge.

For many in attendance, particularly Nigerians in the diaspora, the event was deeply symbolic. Surrounded by works that embody resilience, innovation, and identity, the President called on Nigerians abroad to carry forward the same modernist spirit.

“You come from a lineage of pioneers… the ability to innovate, adapt, and lead,” he said.

The reception also underscored the enduring relationship between Nigeria and the United Kingdom, a partnership rooted in history but increasingly defined by shared aspirations in culture, commerce, and creativity.

As conversations flowed beneath the iconic industrial architecture of the Tate Modern, one message resonated clearly: Nigeria’s cultural renaissance is not a distant ambition, it is a present reality, driven by collaboration between visionary leadership and forward-thinking institutions.

“Art has no borders. It is the language of our common humanity,” President Tinubu concluded. “As we celebrate Nigerian Modernism, we also celebrate the enduring partnership between our nations and the limitless potential of human creativity.”

The evening at the Tate Modern was the end of a state visit and the closing note of a narrative that positioned Nigeria firmly at the intersection of culture, commerce, and global influence.

A historic end, indeed, to a historic visit.

 

 

 

NGX Group Chair, Umaru Kwairanga, Seeks Rapid Foreign Investment in Nigeria for Multifold Returns

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Being text of the speech by Alhaji (Dr.) Umaru Kwairanga, Group Chairman of NGX at the Nigeria Infrastructure Investment Forum at Standard Bank International Headquarters London on Thursday 19th March 2026.

I join my President, His Excellency, Bola Ahmed Tinubu, GCFR and the Honourable Minister for industry, Trade and Investment, Dr. Jumoke Oduwole, OFR in welcoming you all to this discussion on infrastructure investment in Nigeria.

We are here to sell the advantages and promise of investing in Africa and more specifically, Nigeria. That pitch is based on two pillars right now. Nigeria is blessed with abundant natural resources- vast, verdant, fertile land for agriculture; abundant mineral resources including rare earth minerals; a climate that is friendly and welcoming all year round.

Secondly, Nigeria has the human resources. More than half of its population is under thirty and a large proportion of that population is highly educated and hardworking.  These two pillars stand Nigeria and Africa to be the growth engine of the twenty first century but we need a third pillar to make the tripod complete.

That third pillar is world class infrastructure. Nigeria needs to overhaul its roads, ports, electricity networks, rail lines and so much more to compete globally and achieve its potentials and for that, it requires huge infrastructure investment.

We are not asking for freebies. An investment in Africa and more specifically, Nigeria now is akin to an investment in China in the 1980s. It will be repaid many fold when the right mix of abundant natural resources, ample human resources and excellent infrastructure ignites and our economy starts growing in double digits.

Putting all these together requires the right leadership and a regulatory system that is structured to optimise performance and we are lucky to have finally found that in the current administration of President Bola Ahmed Tinubu. 

Mr. President and his team have spent the last three years working on fundamental and structural issues that have long held back Nigeria’s potential and I am happy to see that those reforms, painful though they have been, are beginning to have positive results for Nigerians and investors in Nigeria. There is purpose, there is clarity, there is direction.

I, therefore, invite you to be part of the turnaround story of Nigeria, Africa and the world’s next economic powerhouse.

 

Thank you.

 

Alhaji (Dr) Umaru Kwairanga

Chairman

Nigeria Exchange Group

 

Quest Merchant Bank Named Transaction Advisor for Nigeria’s Landmark Project BRIDGE Digital Infrastructure Initiative

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L-R:  Project Lead, PIU Project Bridge, Jumoke Akande; Honourable Minister of Communications, Innovation and Digital Economy, Federal Republic of Nigeria, Dr. Bosun Tijani; Head, Investment Banking, Quest Merchant Bank, Yetunde Falore; Acting Managing Director/CEO, Quest Merchant Bank, Afolabi Olorode at the project BRIDGE workshop held in London recently.

Quest Merchant Bank has been appointed as Transaction Advisor for Project BRIDGE (Broadband Infrastructure Development for Digital Economy), a flagship national broadband initiative led by Honourable Minister, Federal Ministry of Communications, Innovation and Digital Economy (FMCIDE), Dr. ‘Bosun Tijani.

Project BRIDGE is a strategic digital infrastructure initiative designed to significantly expand Nigeria’s fibre-optic infrastructure and accelerate broadband penetration across the country. The project will deploy approximately 90,000 kilometres of open access fibre-optic cable, strengthen nationwide connectivity and enable inclusive digital and economic growth.

As Transaction Advisor, Quest Merchant Bank will support FMCIDE and the Project BRIDGE Project Implementation Unit in structuring and implementing the project’s financial and commercial framework.

The mandate includes developing bankable investment structures, supporting investor engagement, and designing the public–private partnership framework required to facilitate successful project execution and long-term sustainability.

Commenting on the appointment, Afolabi Olorode, Ag. Managing Director/CEO Quest Merchant Bank, said:

“Project BRIDGE represents a critical step in strengthening Nigeria’s digital backbone and unlocking the immense opportunities within the country’s digital economy. We are honoured to partner with the FMCIDE under the leadership of Honourable Minister, Dr. ‘Bosun Tijani on this important initiative and look forward to applying our transaction advisory and infrastructure finance expertise to help deliver a robust and investable framework that will attract private capital and support long-term national development.”

Also speaking on the appointment, Yetunde Falore, Head of Investment Banking, Quest Merchant Bank, said:

“Nigeria’s digital economy is entering a defining phase, and infrastructure initiatives such as Project BRIDGE will play a central role in expanding connectivity, deepening digital inclusion, and supporting sustainable economic growth. We align with the criticality of this project and are proud to bring in our expertise to help drive a timely, efficient and successful project delivery in our role as Transaction Advisor.

Project BRIDGE aligns strongly with His Excellency, President Bola Ahmed Tinubu’s Renewed Hope national transformation agenda, which prioritises the expansion of digital infrastructure, technology-driven productivity, and increased private-sector engagement in delivering critical national assets.

By accelerating broadband penetration and strengthening the country’s digital backbone, the initiative is expected to unlock significant opportunities across key sectors—including education, healthcare, agriculture, commerce, and the wider innovation ecosystem.

Under this appointment, Quest Merchant Bank will be supporting the Honourable Minister and the Project Implementation Team in structuring and delivering a financially robust Special Purpose Vehicle (SPV) by shortlisting qualified Private Sector participants to partner with the Nigerian Government (backed by World Bank, Africa Development Bank and European Bank for Reconstruction & Development) to deliver a world class private sector led, wholesale open Access Fibre Company. The project targets SPV set up and project break-ground by Q3 2026.

 

About Quest Merchant Bank

Quest Merchant Bank is a Nigerian licensed merchant bank providing corporate banking, treasury, agency, financial advisory, capital markets, and other investment banking services to corporate, institutional, and public sector clients.

The Bank is committed to strong governance, disciplined execution, and sustainable value creation.

NGX Group Chairman: Capital Market Capitalisation Hits N129.32 Tn, an Increase of 325%

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Being text of the speech by Alhaji (Dr.) Umaru Kwairanga, Group Chairman of NGX at the recent event: The Africa Capital Forum at Peninsula London: From Stabilisation to Capital Mobilisation.

It gives me great pleasure to make a few remarks at the Africa Capital Forum with the theme from Stabilisation to Capital Mobilisation.

My focus is on Nigeria, first because that is my country but also because Nigeria accounts for more than a quarter of Africa’s population and represents a lot that is worthy of note and admirable about Africa’s challenges and promise.

After several long years of strained finances when Nigeria’s economy was strained by low investor confidence, foreign exchange scarcity, declining manufacturing and over reliance on volatile crude oil exports, the first term of President Bola Ahmed Tinubu has brought a much-needed turnaround.

It took some tough decisions and impacted on the lives of all Nigerians in the short term, but as the theme of the forum says, Nigeria’s economy has stabilised and has started to grow steadily again.

The indices which the Central Bank of Nigeria Governor, Dr. Yemi Cardoso has rolled out tell part of the story. Our stock market which is my primary constituency also shows the positive impact of the reforms put in place by our President and his economic team.

The All-Share Index when President Tinubu took over was 55, 808. Market Capitalisation was N30. 388 trillion. Trading volumes were very low.

Three years on, the All-Share Index crossed a historic 200, 000 mark to settle at 201,474, a 261% gain. Market capitalisation has increased to N129.32 trillion, a 325% increase. Trading volume and value have increased four-fold. In the case of the Nigerian capital market, we have not only stabilised, we have grown tremendously.

But we are only just getting started. Our ambition is to grow the Nigerian capital market’s indices three folds in the next two years and we have lined up a number of exciting listings to take us there including the listing of the Dangote Refinery and Petrochemical Complex by the middle of this year.

We are also firmly invested in President Tinubu’s intention to expand Nigeria’s economy to a trillion-dollar economy by the year 2030 and we are confident that the capital market will reflect that projected growth.

Getting to that target however requires enormous capital from within and from outside the country and that is why I join other speakers here to encourage you to see Nigeria as a prime investment destination and a safe haven for your assets in Africa.

 

Thank you.

 

Alhaji (Dr) Umaru Kwairanga

Chairman, NGX Group

 

Women Entrepreneurs Laud Ecobank’s Enhanced Ellevate Initiative

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Subuola Oyeleye, CEO, Beauty Hut Africa; Victoria Igun, Ellevate Manager, Ecobank Nigeria; Titilayo Adesoga, CEO, Village Farms Commerce; Omoboye Odu- Head, SME, Partnerships & Collaborations, Ecobank Nigeria; Mrs. Nike Ogunlesi, Founder, Gatimo Limited & Creative Director, Ruff ‘n’ Tumble; Ayodele Osolake, Head, Premier Banking, Ecobank Nigeria, and Mrs. Bode Abifarin, Founder & CEO, Strata Advisory, at the launch of the Enhanced Ecobank Ellevate Proposition in Lagos.

Women entrepreneurs and professionals have commended Ecobank Nigeria for its continued commitment to supporting women‑owned businesses through its Ellevate proposition, following the launch of the Enhanced Ecobank Ellevate Proposition (Ellevate 2.0) in Lagos.

Ecobank Nigeria, a subsidiary of the pan‑African financial services group Ecobank Group, unveiled the upgraded program at an event themed “Her Voice. Her Power. Her Growth.”

The gathering featured inspiring conversations and practical insights from accomplished women in business and professional leadership.

Delivering the keynote address titled, “The True Woman Power: Strength Rooted in Identity, Resilience and Purpose,” Adenike Ogunlesi, Founder of Gatimo Limited and Creative Director of Ruff ‘n’ Tumble, praised Ecobank for its longstanding support for women entrepreneurs.

“When I was seeking a loan facility many years ago to grow my business, Ecobank was the institution that supported me when others turned me down,” she shared.

She encouraged women to embrace self-awareness, resilience, and purpose as the drivers of long‑term success.

The panel session featured Bode Abifarin, Founder & CEO of Strata Advisory; Titilayo Adesoga, CEO of Village Farms Commerce and Exchange; and Subuola Oyeleye, Founder of Beaty Hut Africa, who each shared powerful reflections from their personal and professional journeys.

Bode Abifarin spoke on the courage required to evolve as a leader, emphasising the importance of adaptability, intentional growth, and embracing new opportunities despite challenges. Drawing from her extensive leadership background, she highlighted the need for women to own their transitions and step confidently into new seasons.

Titilayo Adesoga encouraged women to rise above limitations by taking ownership of their personal and business narratives. She shared candid experiences about overcoming barriers, the power of resilience, and the strategic thinking required to build sustainable enterprises. Her message focused on confidence, perseverance, and staying rooted in purpose.

Subuola Oyeleye inspired attendees with her story of building a thriving beauty brand through creativity, consistency, and understanding her customer base. She highlighted the importance of authenticity, innovation, and investing in quality reinforcing that women can build globally competitive businesses from Nigeria.

Welcoming participants, Ayo Osolake, Head of Premier Banking & Wealth Management at Ecobank Nigeria, who represented the Managing Director/Regional Executive, Bolaji Lawal, reaffirmed the Bank’s commitment to advancing women’s economic participation.

“Ellevate by Ecobank reflects our unwavering commitment to supporting women entrepreneurs, who remain key drivers of economic growth, innovation, and job creation,”
she said.

She explained that the enhanced proposition has now evolved into a bank‑wide offering, providing women with:

  • Improved access to credit
  • Integrated digital payment and cash management solutions
  • Capacity‑building program
  • Expanded market access through the Ecobank SingleMarketTradeHub, Ecobank’s digital platform connecting businesses across Africa

Also speaking, Victoria Igun, Ellevate Manager, Ecobank Nigeria, described the enhanced program as a strategic step in strengthening women’s access to finance, Access to Market, and Networks.

“This enhanced proposition creates stronger pathways for women entrepreneurs and professionals to build sustainable businesses and translate ambition into lasting impact,”
she said.

Ecobank Nigeria continues to support women‑led enterprises through platforms such as Adire Lagos, Oja Oge, +234Art Fair, Lagos Pop‑Up Museum, SME Bazaar, and the Design & Build Exhibition, which provide visibility, market access, and growth opportunities for women‑owned businesses.

Guinea Insurance Holds Signing Ceremony for N5.8bn Rights Issue

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Mrs. Chioma Okigbo (Non-Executive Director), Mr. Samuel Onukwue (Non-Executive Director), Mr. Sam Chidoka (Group Managing Director, Anchoria Advisory Services), Mr. Ademola Abidogun (Managing Director/Chief Executive Officer), Mr. Temitope Borishade (Chairman, Board of Directors), Mrs. Chinenye Nwankwo (Company Secretary), Mr. Pius Edobor (Executive Director, Finance & Corporate Services), Mrs. Ijeoma Pearl Okoro (Non-Executive Director), and Mrs. Ogonna Offor-Orabueze (Executive Director, Technical).

Guinea Insurance Plc held the official signing ceremony of its Rights Issue on Monday, 16th March 2026. The Offer comprises a Rights Issue of 5,295,200,000 ordinary shares of 50 kobo each at ₦1.10 per share on the basis of two new shares for every three existing shares held.

Speaking at the event, the Board Chairman, Mr. Temitope Borishade, expressed optimism about the offer, noting that it represents a major step in the company’s long-term vision of scaling up operations, driving innovation, and delivering greater value to shareholders.

“This capital raise represents an important step in repositioning the Company to meet these realities while expanding our capacity to deliver innovative insurance solutions across key sectors of the economy. It also represents our commitment to our customers and brokers that our company is repositioning to offer new and improved services, and to our shareholders that the returns on their investments are about to improve significantly”, he said.

The Managing Director, Mr. Ademola Abidogun in his remarks, highlighted that the capital raise is not merely about compliance with regulatory capital requirements. It is fundamentally about building a stronger platform for growth, innovation, and long-term value creation. He went further to highlight the impact of the capital raise to the company.

“The additional capital will strengthen Guinea Insurance’s financial stability and regulatory compliance, expand underwriting capacity across key sectors of the Nigerian economy, support investments in technology and operational efficiency, and enable greater expansion into the underpenetrated retail and SME insurance markets to drive growth and financial inclusion.”

He concluded that the transaction represents a strategic step towards building a stronger company that is better capitalised, more competitive, more innovative, and better positioned to deliver value to its shareholders and protection to its customers.

In his address at the event, the Group Managing Director of Anchoria Advisory Services Limited, Mr. Sam Chidoka, who represented the Lead Issuing House, emphasized the commendable growth trajectory of Guinea Insurance Plc from its inception to date.

He urged shareholders to take up their rights once the offer opens and encouraged the wider investing community to take advantage of the opportunity presented by the offer by locking in through traded Rights.

The company further encourages all shareholders and investors to participate in this offering as it advances its growth journey and remains committed to building a stronger, more resilient future while delivering sustainable value to all stakeholders.

NLNG Expands VIBES Programme with Induction of 103 New Beneficiaries

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NLNG’s economic empowerment initiative, the Vocational Innovation Business and Empowerment Scheme (VIBES), has inducted a new cohort of 103 trainees into its 2026 empowerment programme.

The induction ceremony, held in Port Harcourt on Monday, marked a significant milestone in the scheme’s ongoing commitment to skills development and sustainable economic empowerment.

The newly inducted trainees will undergo a structured series of capacity-building sessions, culminating in a competitive pitching phase, during which the most viable business proposals will be selected based on clearly defined evaluation criteria.

Simultaneously, 26 beneficiaries from the previous cohort successfully completed their training and graduated from the programmme. They received grant support in the preceding year, marking the close of their training.

One year after receiving support, several of the graduates have strengthened their operations, enhanced financial management practices, expanded their customer base, and transitioned from early-stage concepts to more structured, revenue-generating enterprises.

Some have scaled up production and diversified their service offerings, demonstrating measurable business growth and improved operational stability.

Speaking at the induction ceremony in Port Harcourt, the General Manager, External Relations and Sustainable Development, Sophia Horsfall, emphasised NLNG’s commitment to sustainable community development, stating:

“The VIBES programme reflects NLNG’s long-standing commitment to sustainable development in our host communities. Through targeted capacity building, access to innovative support, and enterprise development opportunities, we are strengthening the local economy across our host and pipeline communities. The graduation of one cohort and the induction of another showcase the continuity of our investment in youth empowerment, innovation, and enterprise development as key drivers of inclusive growth.”

She added that VIBES represents a strategic intervention aligned with NLNG’s broader sustainable development objectives. The programme is designed to cultivate entrepreneurial capability and strengthen the networks required for emerging business leaders and community change-makers to thrive within their communities.

Also speaking at the event, the Manager, Community Relations and Sustainable Development, Yemi Adeyemi, described the milestone as rewarding, noting the progress made by the graduating cohort.

“When we supported them last year, it was not only with training but also with grants to help strengthen their businesses. A year later, we can see the difference, businesses are expanding, ideas have moved beyond the planning stage, and the beneficiaries are more confident in managing their ventures. That is the essence of VIBES, practical support that helps people make real progress.”

VIBES is NLNG’s economic empowerment programme designed to equip young entrepreneurs with the tools, knowledge, and support required to build sustainable livelihoods. Participants receive practical training in financial management, marketing, business strategy, and foundational legal principles, complemented by mentorship and advisory guidance from experienced professionals.

This integrated approach combines capacity development with funding support to enable participants to scale their businesses, improve profitability, and build sustainable enterprises.

Economic empowerment remains a key component of NLNG’s broader sustainable development efforts, alongside education, infrastructure, and healthcare. Through VIBES, the company aims to support more young entrepreneurs in building viable businesses, creating economic value, and contributing meaningfully to the development of its host and pipeline communities across Rivers State.

Following the relaunch of the programme, 26 participants have so far benefited from the grant and completed their training under the initiative.

 

 

PalmPay Commits to Gender Balance in Fintech Space @ Purple Woman 3.0

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L-R: Olorunfemi Hanson, Head of Marketing, PalmPay Nigeria; Kemi Okusanya, CEO, Hydrogen; Chika Nwosu, MD, PalmPay Limited; Harriet Kariuki, Head of SME PalmPay; and Nneka Okekearu, Director, Enterprise Development Centre (Pan-Atlantic University) at the PalmPay Purple Woman 3.0 Masterclass held recently in Lagos.

PalmPay Nigeria has expressed commitment to increasing women’s participation in the financial technology sector through its Purple Woman program, as the company hosted the third edition of its Purple Woman Masterclass, designed to equip young women with digital and professional skills.

Speaking at the event, Chika Nwosu, Managing Director of PalmPay Nigeria, said the initiative was launched to address the low representation of women in fintech and the broader technology ecosystem.

“This initiative is because we noticed that there are not so many women in fintech and in the tech industry, and we intend to bridge that gap. We want to see a whole lot of women in leadership positions in fintech,” Nwosu said.

The programme, organised in commemoration of the 2026 International Women’s Day, forms part of PalmPay’s broader effort to create an inclusive digital economy and empower women with technology-driven skills.

According to Nwosu, empowering women produces long-term social and economic impact. “Money in the hand of a man feeds a family, but money in the hand of a woman feeds generations,” he said, noting that women’s financial empowerment often translates to better education and opportunities for children and stronger households.

“In the past 3 years, we have empowered about 250 young women with the vision of fostering inclusivity in the fintech ecosystem. This year, over 1000 women submitted entries, and we shortlisted 100 of them to be a part of the 3-Day Masterclass on Human Resources, Data Analysis, Digital Marketing, Personal Financial Management, Ux/UI, Software Engineering, and Product Management.

At the end of the masterclass, 10 participants were selected for a six-month internship programme at PalmPay, where they will receive practical experience across different departments.

Explaining the selection process, Anthony Iwuala, Human Relations Manager at PalmPay, said the company used a merit-based system to identify the most qualified candidates. “For us at PalmPay, we believe in equity and equality and following the right process. As a company, we believe in people who have skills and talent, so we ensure that we select qualified people,” Iwuala said.

According to him, participants were assessed through the classes and written tests conducted during the programme. Participants went through the classes and took tests for every class, he said.

Iwuala added that the selected interns will be deployed across departments such as marketing, human resources, administration, product development, sales and business intelligence, where they will receive mentorship and hands-on training. “We assign mentors to them, and these mentors will provide on-the-job training for six months,” he said.

He stressed that the programme is designed not only to train participants but also to create employment opportunities. “We are not just taking them to train them; we train them to employ them,” he said.

He noted that previous editions have already produced tangible results. “The Purple Woman 2.0 programme saw the ten women we trained offered full employment at PalmPay, and they are still working with us currently, Iwuala said. “These will not be different.”

In her presentation, Nneka Okekearu, director of the enterprise development centre at Pan-Atlantic University, delivered a masterclass focused on self-worth, confidence and self- awareness for women.

Okekearu explained that many women grow up with unconscious biases that affect their confidence and career choices. “A lot of women have grown up being told they cannot do certain things. Unlike their male counterparts, they are sometimes discouraged from pursuing opportunities,” she said.

According to her, the session focused on helping women recognise their abilities and build confidence. “A lot of women have so much to give, but they are shackled by unconscious bias. The session focused on self-awareness, building confidence and realising that we know it and should own it,” she added.

She acknowledged that progress has been made in female leadership in Nigeria’s corporate sector. “Today, we have more than 30 per cent of commercial banks with female CEOs. We now have women serving as bank chairpersons and more women on corporate boards,” she posited.

However, she highlighted what she described as the missing middle, where many women leave the workforce at critical career stages.

“When women enter the workforce, by the time they get married and have children, many leave. We need systems that allow them to return without losing their career progress,” Okekearu said.

 

 

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

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The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic capital formation and positioning the country for deeper global investment partnerships.

Popoola made this known while speaking at the Nigeria–United Kingdom Investment Roundtable organised by the Nigerian Investment Promotion Commission in collaboration with the Commonwealth Enterprise and Investment Council in London.

Drawing comparisons with countries such as Indonesia, Brazil and India, Popoola noted that economies that implemented structural reforms often witnessed strong domestic capital mobilisation and strengthened corporate balance sheets.

According to him, Nigeria is currently experiencing a similar trend as local investors and corporates increasingly respond to policy reforms.

“The real test of reforms is what local capital does and how domestic corporates respond,” Popoola said. “In Nigeria today, local capital is playing a very strong role. Markets were up more than 50% last year, issuers are raising new capital, retail investors are returning to the market, and corporate balance sheets and governance standards are improving.”

He also highlighted the strong capital market relationship between Nigeria and the United Kingdom, noting that collaboration between the Nigerian Exchange Group and the London Stock Exchange has helped facilitate cross-border capital raising for corporates in both jurisdictions.

Looking ahead, Popoola said Nigeria’s capital market is positioning itself to support larger transactions and broader wealth creation opportunities. “We see a future where capital markets go beyond facilitating capital raising to supporting business expansion and wealth creation for Nigerians,” he said, adding that continued market modernisation and digital transformation are strengthening the country’s financial ecosystem.

Also speaking at the roundtable, Nigeria’s Minister of Finance and Co-ordinating Minister of the Economy, Wale Edun, highlighted the Federal Government’s reform agenda aimed at restoring macroeconomic stability, strengthening fiscal sustainability and attracting long-term investment into the country.

Meanwhile, the Governor of Lagos State, Babajide Sanwo-Olu, emphasised Lagos’ role as a leading economic hub in Africa and spoke about the state government’s collaboration with TheCityUK to further develop Lagos as a global financial and investment centre. He also invited participants to the upcoming Lagos Investment Forum scheduled to take place in June.

Earlier in her welcome remarks, the Chief Executive Officer of the Nigerian Investment Promotion Commission, Aisha Rimi, noted that the roundtable was aimed at strengthening investment partnerships between Nigeria and the United Kingdom.

She was joined by Lord Marland of the Commonwealth Enterprise and Investment Council, who underscored the importance of collaboration between governments, investors and private sector institutions in unlocking new investment opportunities across the Commonwealth.

The Nigeria–United Kingdom Investment Roundtable brought together policymakers, investors and business leaders to explore opportunities for deeper investment collaboration between both countries as Nigeria continues to implement wide-ranging economic reforms.

NCDMB: 33 Engineers Begin Training in Pipeline Pigging, Corrosion Control

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Thirty-three young graduates of engineering, geology and related disciplines on Friday in Port Harcourt, Rivers State, underwent opening formalities for a 12-month training programme in pipeline engineering, corrosion control and monitoring.

Organised under the Renaissance Africa Energy Company Limited and MJD Oilfield Services Limited Nigerian Content Human Capital Development (NC HCD) Training Programme, in partnership with the Nigerian Content Development and Monitoring Board (NCDMB), the training is geared towards developing expertise for protection and sustenance of the country’s energy infrastructure.

Trainees will have classroom technical sessions, simulation-based learning, field demonstrations, on-the-job training, mentorship and coaching, case study reviews, and continuous assessment and evaluation. Expected outcomes of the programme include skilled project-ready personnel, measurable local content impact, creation of pipeline integrity talent pool, and long-term infrastructure reliability.

In an address at the event, the Manager, Human Capital Development, NCDMB, Mrs. Tarilate Bribena-Teide, who represented the Executive Secretary of the Board, Engr. Felix Omatsola Ogbe, said pipeline pigging, a process involving insertion of devices called pigs into pipelines for cleaning, gauging, etc. to ensure integrity of the system, and corrosion control, protect the pipelines, prevent costly failures, and safeguard the environment and the economy.

She noted that the expertise gained from the training would position trainees to contribute meaningfully to major national projects such as the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline, measuring 614 kilometres, and many others, which as she explained, accords with the Board’s mandate to build local capacity, deepen Nigerian participation in the oil and gas industry, and create opportunities that drive national growth.

The HCD Manager expressed appreciation to Renaissance Africa Energy Company Limited for its partnership with the Board and commitment to developing Nigerian talent. She urged the trainees to approach the programme with discipline and determination, noting that lessons gained would shape them into professionals capable of solving real industry problems.

In his own remarks, a representative of Renaissance Africa, Engr. Funso Alabi, thanked NCDMB profoundly for its support to the company and for all it has done toward growth of the Nigerian oil and gas industry. While highlighting the extraordinary achievements recorded in HCD since inception of the Board, with Nigerians occupying key positions in industry and others doing so well abroad, he said, “NCDMB has done so much” and that “the Board is turning Nigeria into a great nation.”

He also thanked MJD Oilfield Services for the calibre of trainers assembled to run the training programme.

For his part, the Managing Director, MJD, Mr. Olayemi Familusi, expressed gratitude to NCDMB and Renaissance, noting that changes in the oil and gas industry brought about by NCDMB initiatives are everywhere, particularly in the development of indigenous companies and human resources.

In closing remarks, Chief Austin Ugbunaia, Project Manager of MJD, thanked the Board and Renaissance for the opportunity to play a part in capacity development, while assuring them of quality training and exposure for the trainees.

NCDMB, Radisson, Edison Sign Management Deal for Yenagoa Hotel

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The Nigerian Content Development and Monitoring Board (NCDMB) on Monday signed an international management agreement (IMA) with Radisson Hospitality Belgium, and Edison Hotel and Property Development Company, in respect of the Board’s 204 rooms hotel and conference center, developed adjacent the Nigerian Content Tower, Swali, Yenagoa, Bayelsa State.

The management agreement was signed in Durban, South Africa by the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, Executive Chairman of Edison Corporation, Mr. Vivian Reedy and Director of Radisson, Mr. Garnier Erwan.

Signing the agreement in Durban, the Executive Secretary of NCDMB, confirmed that discussions, reviews, and compliance requirements had lasted over two years, and the agency secured the approval of all key stakeholders, including the Attorney‑General of the Federation and Minister of Justice, Lateef Olasunkanmi Fagbemi, SAN.

“Their support ensured that the Agreement meets Nigeria’s legal and regulatory standards,” he said.

The aspiration, he added, is to deliver a world‑class hotel in Yenagoa, Bayelsa State with a fully equipped conference centre—designed to serve the oil and gas industry stakeholders and the Nigerian public.

He pledged NCDMB’s commitment to completing the hotel on schedule and achieving the opening in December. “We appreciate our responsibilities—construction quality, pre‑opening readiness, funding, safety and security compliance, and maintaining Radisson’s global standard. We will do our best to meet our obligations.”

He charged Radisson Hospitality to bring its expertise, systems, and brand strength to deliver a hotel that offers excellent service and guest experience.

He expressed hope that the partnership with Edison Hotels will create a facility that reflects global quality and supports Bayelsa’s position as an oil and gas hub.

He added that “this project reflects NCDMB’s commitment to using strategic investments to boost productivity, attract investment, build local content, and expand opportunities for business and tourism in Nigeria.

“When completed, the Radisson Hotel & Conference Center Yenagoa will stand not only as a hotel, but also as a symbol of what strong partnerships can achieve.”

Executive Chairman of Edison Corporation, Mr. Vivian Reedy described his organisation’s role as a bridge between the owner and the operator, highlighting the group’s intensive experience in the hotel industry, and determination to ensure alignment, transparency, accountability and performance.

“We understand that a successful hotel is not just about buildings. It is about disciplined management, strong oversight, brand integrity, and a shared commitment to excellence,” he emphasized.

Part of the group’s responsibility is to ensure that the hotel is delivered, operated, and managed in a manner that protects and announces the owner’s investment, while fully supporting Radisson in achieving operational excellence, he added.

The Executive Chairman assured that working closely with Radisson and NCDMB’s team, the Radisson Hotel and Conference Center, Yenagoa will become the leading hospitality and conference destination in Bayelsa State, a catalyst for business and investment, and a symbol of quality professionalism and international standards.

He reported that the firm has had wonderful successes with Radisson in other locations, even achieving 95% occupancies. “Our approach is to strengthen governance, support performance, and ensure the interests of the owners are always safeguarded.”

He said “this project represents more than a hotel. It represents a partnership, a trust, and a long-term vision for sustainable value creation. We thank Radisson for its global expertise and operational excellence. Edison is fully committed to ensuring that the asset performs strongly, operates efficiently, and delivers lasting value to its owner.”

Mr. Wada Ahmed Wada who represented the Attorney‑General of the Federation described the signing ceremony as historic and wished the parties success in their business relationship.

FG Unveils Taskforce on Presidential Petroleum Reform, Value Optimisation

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President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce to design and sequence the next phase of structural reforms in Nigeria’s petroleum sector.

Mr. Fola Adeola, co-Founder of Guaranty Trust Bank and Founder and Chairman of the Fate Foundation, is the Task Force’s chairman. As chairman, he will coordinate the group’s work and ensure the timely delivery of its mandate.

Other members of the Taskforce are: Ademola Adeyemi-Bero, Osagie Okunbor, Abubakar Suleiman, Adaeze Aguele, Farouk Gumel, Phillipa Osakwe-Okoye and Seyi Bella.

Mofoluwasho Fadayomi will serve as Secretary.

As constituted, the Taskforce is a time-bound, high-level executive working group tasked with producing execution-ready reform blueprints that will consolidate ongoing reforms, unlock capital within the petroleum sector, and strengthen Nigeria’s position as a leading global energy investment destination.

The initiative reflects the President’s commitment to transforming Nigeria’s petroleum industry into a more competitive, transparent, and value-maximising sector capable of driving long-term economic growth, macroeconomic resilience, and industrial development.

It will operate as a technical reform body rather than a representative committee, engaging industry operators, regulators, investors, and civil society as consultees while focusing on actionable policy design and implementation strategies.

The Taskforce will report directly to the President and provide monthly progress memoranda. An interim report will be submitted after three months, while the final outputs are expected within six months of inauguration.

President Tinubu expects the Task Force to deliver three major reform blueprints.

One of the deliverables is the Implementation Toolkit for Immediate Structural Fixes – including draft legislative amendments, executive instruments, and institutional restructuring proposals.

The second deliverable is the Capital & Liquidity Acceleration Blueprint, aimed at unlocking $5–10 billion in sectoral liquidity while safeguarding Nigeria’s sovereign interests.

The third blueprint will focus on the National Energy Transformation Strategy – a ten-year roadmap with measurable targets for production, foreign exchange earnings, GDP contribution, and cost competitiveness.

President Tinubu has directed all Ministries, Departments, Agencies, regulators, and relevant institutions to provide full technical support to the Taskforce and to submit inventories of ongoing initiatives to ensure alignment with the emerging reform framework.

In furtherance of this directive, President Tinubu has also directed all existing committees, teams, and working groups established under various reform initiatives within the sector to align their activities, reporting structures, and work programmes with the new Task Force.

The streamlining will ensure coordination, avoid duplication of mandates, and provide institutional clarity, thereby ensuring coherence in the petroleum sector reform architecture.

The President has also directed that all relevant documentation, institutional knowledge, and ongoing workstreams should be made available to the Taskforce to support the development and implementation of its comprehensive reform framework.

The creation of the Taskforce represents a strategic presidential instrument to accelerate petroleum sector reforms, strengthen governance architecture, optimise national energy assets, and position Nigeria’s petroleum resources as a foundation for sustainable economic transformation.

The Taskforce will automatically dissolve upon submission and acceptance of its final report.

NLNG Advances Media Excellence Through Change Your Story Workshop

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Dr. Sophia Horsfall, NLNG’s GM, External Relations & Sustainable Development (seating 3rd from left), and participants at the close of the 2026 #NLNGChangeYourStory Workshop for journalists in Lagos.

NLNG has demonstrated its dedication to media development in Nigeria through the successful completion of the second edition of the #NLNGChangeYourStory workshop for 2026, which took place in Lagos.

The workshop convened 40 participants representing diverse media outlets to examine the changing landscape of journalism shaped by artificial intelligence and digital communication.

Discussions centered on how new media technologies can support real-time reporting, extend audience reach across borders, and foster deeper, more effective engagement on digital platforms.

Speaking at the event, the General Manager, External Relations and Sustainable Development at NLNG, Sophia Horsfall, described the workshop as part of the company’s broader effort to strengthen engagement with the media while supporting professional excellence in journalism.

She noted that the initiative reflects NLNG’s belief that well-informed reporting plays an important role in shaping public understanding of critical sectors such as energy, economic development, and sustainability.

She encouraged participants to leverage the insights and practical knowledge gained during the workshop to elevate the quality, depth, and credibility of their reporting.

“NLNG views this engagement as a strategic partnership. We provide the energy that powers nations and generates revenue for our nation; you provide the information that powers our minds. We have been proud to host you, but our pride will only be justified when we see the ‘New Standard’ in your next feature, your next broadcast, and your next investigative report. As you head back to your various stations, I urge you to take the spirit of this workshop with you.”

The programme combined expert-led discussions with hands-on learning. Digital communication specialist, Dan Mason guided participants through key aspects of digital storytelling, while veteran journalist, Taiwo Obe led a practical Journalism Clinic.

Together, the sessions equipped participants with practical skills in data visualisation, online verification, audience engagement and managing a strong digital presence.

Through the workshop, NLNG reiterated its commitment to promoting journalistic excellence and supporting the media industry’s digital transformation.

The #NLNGChangeYourStory programme has now empowered over 400 journalists with enhanced digital communication and social media skills across its various editions.

 

Leadway Group Launches ‘Lead Forward’ Initiative to Deepen Financial Literacy Among NYSC Corps Members 

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Leadway Group, Nigeria’s non-banking financial services group, has unveiled Lead Forward, a strategic initiative for members of the National Youth Service Corps (NYSC) aimed at deepening financial literacy and building awareness around wealth creation.

Recognising the pivotal transition NYSC represents, Lead Forward which is driven by Leadway Pensure PFA, the Group’s pension administration arm, is designed to equip corps members with foundational financial knowledge, deep insights, and practical tools for long-term financial planning.

The initiative brings the conversation of a well-planned life before and after retirement directly to NYSC orientation camps, making pension education accessible, relatable, and timely for young Nigerians at a pivotal life stage.

The inaugural phase kicked off in Lagos, setting the foundation for a nationwide rollout across NYSC camps in all geopolitical zones. The goal of the initiative is to spark early, informed conversations about pensions and empower young Nigerians to take control of their financial futures.

Speaking on the impact of the initiative, Olusakin Labeodan, MD/CEO, Leadway Pensure PFA, noted that pension conversations must begin before the first salary alert.

“At the NYSC stage, most young people are trying to figure out what is next; where to work, how to survive, what the future holds. Pensions may feel distant, but now is the right time to get educated. Through Lead Forward, we’re making the subject of pensions more relatable and ultimately, more relevant.”

While Leadway Group has consistently maintained a presence at NYSC camps, particularly in Lagos, the Lead Forward initiative marks a more immersive evolution of its youth engagement efforts across other states. The program not only educates but also fosters meaningful, ongoing connections with corps members,” he added.

Leadway has pledged a long-term commitment to help corps members plan and build a better financial future, ensuring they remain informed, supported, and empowered well beyond their service year.

About Leadway Group
Leadway Group is a non-banking financial services group in Nigeria, boasting robust insurance, investment, and financial services solutions. With decades of industry experience, Leadway Group has consistently played a pivotal role in shaping the financial landscape of Nigeria. The organisation strongly emphasises corporate social responsibility and community welfare, embodying a commitment to wealth creation and well-being. 

About Leadway Pensure

Leadway Pensure PFA is a pension fund manager and administrator serving value-driven individuals, corporate organisations, and federal and state institutions. Built on exceptional expertise and transparency, Leadway Pensure PFA delivers simple, coherent, efficient, and outstanding pension services to clients and stakeholders. 

NGX Group, IFC, CSCS, WIMBIZ Convene Leaders to Advance Gender Equality at 2026 Ring the Bell Ceremony

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Nigerian Exchange Group Plc (NGX Group), in collaboration with Central Securities Clearing System Plc (CSCS) and Women in Management, Business and Public Service (WIMBIZ), convened leaders from across the public and private sectors to commemorate International Women’s Day 2026 through the global Ring the Bell for Gender Equality initiative.

Aligned with the UN Women theme “Rights, Justice, Action – For All Women and Girls,” the event, held during the Nigerian Exchange Closing Gong Ceremony, served as a call for sustained action to advance gender equality and expand women’s participation in economic leadership.

Delivering the welcome address, Temi Popoola, Group Managing Director/Chief Executive Officer of NGX Group, emphasized the critical role capital markets must play in shaping inclusive economic growth. “Capital markets are powerful engines for economic transformation. When women participate fully as leaders, entrepreneurs, and investors, markets become stronger, deeper, and more resilient. At NGX Group, we remain committed to advancing policies, partnerships, and platforms that expand opportunities for women and accelerate inclusive prosperity,” he said.

Delivering special remarks, Honourable Bianca Odumegwu-Ojukwu, Minister of State for Foreign Affairs, commended NGX Group and its partners for advancing gender inclusion through the initiative. “I congratulate NGX Group and its partners for sustaining this important global movement and for championing gender equality within our financial ecosystem. Together, let us continue to open the doors of opportunity so the next generation of women can lead with confidence and help transform our world,” she said.

Chioma Uzodimma, First Lady of Imo State, called for collective action to expand opportunities for women and girls. “As we sound the NGX Gong today, let it symbolize our shared pledge to protect every girl child, expand opportunities for every woman, and build an inclusive economy where every woman and girl can flourish,” she said.

Jude Chiemeka, Chief Executive Officer of Nigerian Exchange, emphasized the importance of broadening women’s participation in the capital market ecosystem. “When more women participate in the market as investors and professionals, we deepen the market and strengthen the foundation for sustainable growth,” he said.

Speaking on the role of development finance institutions in advancing gender inclusion, Claude Owona, Regional Industry Manager for Financial Institutions at the International Finance Corporation (IFC) for Central Africa and Anglophone West Africa, emphasized the economic benefits of gender equality. “When women and men participate equally in the economy, our societies function better and our economies become more prosperous,” she said.

Media entrepreneur and founder of EbonyLife Media, Mo Abudu, encouraged women to pursue their ambitions with clarity and confidence. “For me, it comes down to four things, purpose, passion, progress, and power. Find your purpose, let passion fuel your journey, stay consistent even when challenges arise, and most importantly, stand firmly in your power. Do not shrink,” she said.

Award-winning actor and filmmaker Funke Akindele urged women to pursue their ambitions with discipline and courage. “To every woman out there, you can do it. But beyond the words, we must put in the hard work, build structure into our businesses, and do things the right way. It takes courage to take the first step even when you’re not ready, courage to stay consistent when no one is clapping, and courage to hold firmly to your vision,” she said.

The Ring the Bell for Gender Equality ceremony celebrated the contributions of women to Nigeria’s capital markets and the broader economy while reinforcing the need for sustained action to close gender gaps in leadership, finance, and opportunity.

The 2026 edition was organized in collaboration with global partners including the International Finance Corporation (IFC), UN Women, the World Federation of Exchanges (WFE), the United Nations Global Compact, and the Sustainable Stock Exchanges Initiative (SSEI).

The event also featured the participation of female board members of NGX Group of companies, Ojinika Olaghere, Fatima Wali-Abdulrahman, Lilian Olubi, Ummahani Ahmad Amin, Amina Mohammed, and Fiona Ahime, alongside key ecosystem leaders including Onome Komolafe, Divisional Head, Business Services and Client Experience, CSCS Plc; Jumoke Olaniyan, Group Chief Strategy Officer, NGX Group; Uto Ukpanah, Chairperson, UN Global Compact Network Nigeria; and Mrs. Omowumi Akingbohungbe, Executive Director, WIMBIZ.

 

As the closing gong sounded, stakeholders echoed a common message: advancing gender equality requires more than dialogue. It requires sustained collaboration, deliberate action, and a collective commitment across governments, institutions, and markets to expand opportunities for women and girls.

Through initiatives such as Ring the Bell for Gender Equality, NGX Group and its partners continue to champion inclusive markets, recognising that empowering women is essential to building stronger capital markets and a more resilient economy.