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Union Bank Wins ASBON Award for SME Banking Initiatives

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Union Bank of Nigeria has been named winner of the Best SME Growth Banking Initiatives Award at the 2025 Nigeria National SME Business Awards, organised by the Association of Small Business Owners of Nigeria, ASBON in partnership with the Lagos State Ministry of Commerce, Cooperatives, Trade and Investment.

The recognition highlights the bank’s efforts to support small and medium-sized enterprises (SMEs) through practical financial solutions and improved banking processes, at a time when many Nigerian businesses are prioritising stability and efficiency over rapid expansion.

Industry observers note that the ASBON award focuses on how effectively banks support day-to-day business operations, rather than the scale of their product offerings.

This comes amid growing demand from SMEs for reliable payment systems, faster onboarding, and accessible financing.

Union Bank’s SME strategy over the past year has centred on addressing these needs.

The bank upgraded its Union360 platform and introduced a Straight-Through Processing (STP) digital onboarding system aimed at reducing the time required for businesses to open and operate accounts.

The bank said the improvements have shortened onboarding timelines, increased digital adoption among SME customers, and attracted new business clients.

Access to finance remains a major challenge for SMEs in Nigeria, particularly for businesses without traditional collateral.

In response, Union Bank has adopted a more flexible credit assessment approach, placing greater emphasis on transaction history, cash flow patterns, and active account usage.

The bank’s lending activities have focused on supporting working capital, inventory purchases, equipment financing, and business expansion.

Beyond digital and financial solutions, Union Bank has also strengthened its SME engagement through relationship managers, direct sales agents, and branch networks nationwide.

Its “Adopt, Engage and Grow” campaign was designed to provide consistent support and build long-term relationships with business owners.

The bank’s recognition is also linked to its collaboration with ASBON on the SME Empowerment Challenge, an initiative encouraging entrepreneurs to formalise their operations by maintaining proper financial records and structured growth plans.

Analysts say such initiatives are critical in helping SMEs access funding, partnerships, and larger market opportunities, as proper documentation and financial discipline remain key requirements for growth.

The award comes as SMEs continue to play a central role in Nigeria’s economy, contributing significantly to employment and economic activity despite operating in a challenging business environment.

Union Bank’s recognition at the ASBON SME Awards underscores the growing importance of banking institutions that provide not only financial products but also practical support systems that enable small businesses to operate more efficiently and sustainably.

Polaris Bank Backs NACCIMA Call Centre to Boost Non-Oil Exports

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Polaris Bank has supported the launch of a new export support call centre by the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, in a move aimed at strengthening Nigeria’s non-oil export sector and improving access to global markets.

The initiative, unveiled with backing from the bank, is designed to provide exporters with real-time information, technical assistance, and regulatory guidance to help them navigate the complexities of international trade.

Speaking at the launch, Polaris Bank’s Executive Director, Chris Ofikulu, described the call centre as a critical tool for empowering Nigerian businesses and enhancing their global competitiveness.

“Today, we are marking a pivotal moment in our mission to empower Nigerian businesses for global markets,” Ofikulu said. “Through this collaboration, we are equipping exporters with the tools, infrastructure, and expertise needed to thrive in global markets.”

He noted that the centre would serve as a one-stop hub for exporters, particularly those in the non-oil sector, offering advisory services, market intelligence, and expert support to bridge existing knowledge and capacity gaps.

Polaris Bank contributed key infrastructure to the project, including laptops, internet-enabled modems, workstations, and high-capacity printers, to ensure smooth and efficient operations of the facility.

According to Ofikulu, the initiative aligns with the bank’s broader strategy to promote trade facilitation and economic growth by improving exporters’ access to finance and critical market information.

“This centre is not just a call centre; it is a catalyst for success, providing exporters with the resources, knowledge, and access they need to excel,” he added.

The collaboration also reflects Polaris Bank’s continued support for small and medium-scale enterprises (SMEs), with the bank offering financing solutions such as working capital support and stock refinancing, alongside advisory services on export documentation processes.

In addition, the bank leverages its digital platform, VULTe, to enable seamless intra-African trade and faster payments through the Pan-African Payment and Settlement System (PAPSS).

Ofikulu expressed optimism that the partnership with NACCIMA would significantly enhance export readiness among Nigerian businesses and position them to compete more effectively on the global stage.

The launch of the NACCIMA Export Support Call Centre underscores growing efforts by financial institutions and trade bodies to diversify Nigeria’s economy by promoting non-oil exports and strengthening the country’s participation in international trade.

LASU Dominates National Kickboxing Championship with 19 Medals Haul

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LASU Dominates National Kickboxing Championship with 19 Medals Haul

The Lagos State University, LASU kickboxing team has emerged overall best at the National Open Kickboxing Championship held at the National Stadium Abuja, clinching a total of 19 medals.

The championship, which ran from April 13 to April 19, 2026, in Abuja, featured about 15 teams from across the country. LASU outperformed all competing institutions, securing 8 gold, 6 silver, and 5 bronze medals in a commanding display.

Leading the medal haul were Faruq Saheed and Bright Uwatse, who each won two gold medals.

Other standout performances included Faesol Fasasi, Opeyemi Adeyemi, and Aishat Adeshina, who each secured one gold and one silver medal. Raheem Olutusin added one gold and one bronze, while Rejoice Kowop contributed one silver and one bronze.

Christopher Ojo won two silver medals, while Philip Olatunji secured two bronze medals. Opeyemi Lawal rounded off the tally with one bronze medal, ensuring that all ten athletes on the team returned with at least one medal.

The team was led by the Director of Sports and Recreation, Idowu Owoyemi, alongside four officials, underscoring the university’s commitment to sports development and excellence.

The victory further reinforces LASU’s growing reputation as a powerhouse in collegiate sports in Nigeria.

ASF France Condemns Zambia’s Last-Minute Cancellation of RightsCon 2026

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ASF France Condemns Zambia’s Last-Minute Cancellation of RightsCon 2026

Avocats Sans Frontières France, ASF France has strongly condemned the abrupt cancellation of RightsCon 2026 in Lusaka, describing the move as a violation of fundamental rights and a setback for civic space in Africa.

In a statement issued on Tuesday, the organisation expressed “deep concern” over the Zambian government’s decision to withdraw support for the summit just days before its scheduled commencement on May 5, 2026.

Authorities reportedly cited “administrative and security clearances” as reasons for the cancellation.

According to Access Now, the convener of RightsCon, the decision followed diplomatic pressure from the People’s Republic of China over the planned participation of Taiwanese civil society groups.

ASF France said the development undermines key international protections, including the rights to freedom of assembly and association under the International Covenant on Civil and Political Rights and the African Charter on Human and Peoples’ Rights.

It noted that more than 2,600 in-person participants and 1,100 virtual attendees from over 150 countries were affected.

The organisation also warned that the cancellation sets a “dangerous precedent” where foreign influence could determine which civil society engagements take place on African soil, potentially undermining sovereignty and democratic participation across the continent.

RightsCon 2026 was set to be the first edition of the global digital rights summit hosted in Sub-Saharan Africa, offering Zambia an opportunity to position itself as a leader in digital governance and human rights.

ASF France further highlighted the economic and reputational implications of the cancellation, noting losses for local businesses including hotels, airlines, and small enterprises in Lusaka.

The group called on Zambian authorities to provide a full public explanation and ensure that future gatherings are protected from external interference.

It also urged regional bodies such as the African Union and the Southern African Development Community to reaffirm commitments to safeguarding civic space.

Reaffirming its solidarity with Access Now and affected participants, ASF France said it remains committed to advancing policies and legal frameworks that protect fundamental freedoms both online and offline.

Flexmobile Nears Launch, Targets Disruption in Nigeria’s Telecom Market

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Flexmobile Nears Launch, Targets Disruption in Nigeria’s Telecom Market

A new entrant is set to shake up Nigeria’s telecom space as Flexmobile, a brand from Hazon Technologies, moves closer to its commercial debut, pending final regulatory approval from the Nigerian Communications Commission.

The company confirmed that key commercial agreements with its Mobile Virtual Network Enabler, MVNE, IMBIL, and Airtel Nigeria have been concluded, positioning the brand for a planned market entry on June 1, 2026.

Speaking at a media briefing, Group CEO Victor ‘Gbenga Afolabi described the upcoming launch as a significant milestone aimed at redefining how Nigerians experience telecom services.

“What lies ahead is more than a launch, it is the beginning of a new way to experience telecoms in Nigeria,” he said, noting that the brand has spent years building partnerships and infrastructure to support its entry.

Flexmobile is expected to roll out with a new 081 number series and a product ecosystem focused on flexibility, data-driven services, and enhanced user control, reflecting shifting consumer demands in an increasingly digital economy.

Although full product details are yet to be unveiled, the company hinted at value-added services that extend beyond traditional voice and data offerings, positioning the platform at the intersection of telecoms and digital lifestyle solutions.

With growing anticipation ahead of its debut, Flexmobile is entering the market with ambitions not just to compete, but to redefine the telecom experience in Nigeria.

LASEPA SET TO HOLD 11TH NOISELESS LAGOS SUMMIT

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LASEPA SET TO HOLD 11TH NOISELESS LAGOS SUMMIT

The Lagos State Environmental Protection Agency, LASEPA has announced plans to host the 11th edition of the Noiseless Lagos Summit as part of ongoing efforts to tackle noise pollution and promote a healthier urban environment.

The summit is scheduled to hold on May 12, 2026, at the Adeyemi Bero Auditorium in Alausa, Ikeja, with proceedings set to begin at 9:00 a.m.

With the theme, “Advancing Sound Control and Technology in an Emerging Smart City,” the event is expected to bring together stakeholders across government, technology, environmental management, and urban planning sectors to discuss innovative solutions for noise control in a rapidly growing city.

LASEPA SET TO HOLD 11TH NOISELESS LAGOS SUMMIT

LASEPA said the summit will focus on leveraging modern technology and policy frameworks to address the increasing challenges of noise pollution, particularly in a megacity like Lagos.

As part of activities lined up for the event, free hearing tests will also be offered to participants, highlighting the health implications of prolonged exposure to excessive noise.

The Noiseless Lagos Summit is part of LASEPA’s broader advocacy campaign aimed at raising awareness, strengthening enforcement, and encouraging public compliance with environmental noise regulations across the state.

Residents and stakeholders interested in attending the summit have been encouraged to register via https://forms.gle/Y7RkWqsXu4Gi1xv46

NAPPS Raises Alarm over Effect of Rising Costs on Private Schools

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NAPPS Raises Alarm over Effect of Rising Costs on Private Schools

Private school operators in Nigeria are facing intensifying financial pressure as surging fuel prices, rising operational costs, and weakening household incomes strain their ability to sustain quality education.

National President of the National Association of Proprietors of Private Schools, NAPPS, Yomi Otubela, in a detailed assessment of the sector, highlighted the severe financial strain facing school owners, warning that current coping mechanisms are unsustainable without urgent government intervention.

Otubela noted that energy and transport costs have surged dramatically, with many schools recording over a 100 percent increase in diesel and petrol expenses compared to the same period last year.

Schools, he said, are managing the impact through internal adjustments, postponement of projects, and, in some cases, dipping into reserves.

On staffing, Otubela described a “delicate situation,” as inflation drives higher expectations among workers while schools struggle to implement significant salary increases.

He added that a growing number of experienced teachers are exiting the system, worsened by migration trends, thereby intensifying retention challenges.

Instructional materials have also become significantly more expensive, with costs rising between 70 and 100 percent depending on sourcing, while maintenance expenses have climbed by as much as 80 percent due to increased transportation and material costs.

Despite these pressures, many schools have exercised caution in adjusting fees. Where increases have occurred, they range between 20 and 40 percent, as proprietors seek to avoid pricing parents out of the system. However, this has left some schools operating under considerable financial strain.

Transport services have not been spared. Bus fees have risen by 30 to 60 percent, leading some schools to reduce routes, consolidate pick-up points, or suspend operations entirely due to declining patronage and rising costs.

Otubela further revealed that parent payment defaults are on the rise, reaching between 25 and 35 percent in some areas. In response, schools have introduced flexible payment plans and incentives, though these measures have had limited impact.

Enrolment patterns are also shifting, with some parents withdrawing their children or transferring them to more affordable schools, reflecting broader economic realities.

To stay afloat, schools have implemented cost-cutting measures including scaling down extracurricular activities, postponing excursions, and halting expansion projects.

Beyond economic pressures, Otubela identified policy inconsistency as a major concern, noting that frequent changes and unclear directives undermine long-term planning and stability within the education sector.

He lamented the lack of direct government support to private schools, despite their significant contribution to education delivery nationwide.

To address the crisis, Otubela called for targeted interventions including tax waivers, access to single-digit interest loans, improved foreign exchange access for educational materials, and subsidised fuel for school transportation.

He emphasised that structured support for critical inputs such as fuel and teaching materials, alongside affordable financing, remains the most urgent priority.

“The reality is that private schools in Nigeria are operating under immense pressure,” he said. “What is required is a coordinated effort between government and stakeholders to sustain the sector and safeguard the future of our children.”

Igbo Community Backs Ayo Da-Silva, Purchases APC Nomination Form in Strong Show of Support

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Igbo Community Backs Ayo Da-Silva, Purchases APC Nomination Form in Strong Show of Support

The Igbo community in Amuwo Odofin Federal Constituency has thrown its weight behind Ayo Da-Silva, purchasing the All Progressives Congress, APC nomination form on his behalf in a move widely interpreted as a significant political endorsement ahead of the 2027 general elections.

The development comes weeks after Da-Silva defected from the Peoples Democratic Party (PDP) to the APC, collapsing his political structure into the ruling party.

Observers say the gesture signals more than support for a party switch, reflecting deep-rooted trust and longstanding ties between the politician and the Igbo community in the constituency.

Amuwo Odofin, which includes areas such as FESTAC Town, Satellite Town, and Kirikiri, is home to one of the largest concentrations of Igbo residents in Lagos State, making the endorsement particularly consequential in local political calculations.

A representative of the community said the decision to purchase the nomination form was unanimous and deliberate.

“Ayo Da-Silva is not a stranger to us. He is a man we have walked with and who has stood with the Igbo people through every season,” the representative said. “We did not wait to be asked. This is a declaration of where we stand.”

Da-Silva’s relationship with the community dates back to his earlier political career. In 2011, he won the Amuwo Odofin federal constituency seat under the PDP, although the election was later annulled. Despite that setback, analysts note that his political influence in the area has remained intact over the years.

The politician is also a recipient of the revered Igbo chieftaincy title Nwane di Namba Ndigbo, a recognition reserved for individuals who have demonstrated exceptional commitment to the welfare and advancement of the Igbo people.

His recent return to the APC, described by him as a “homecoming,” was attended by key political figures, including Musiliu Obanikoro, who projected that the move could reshape the political landscape of Amuwo Odofin in favour of the ruling party.

Political analysts say the Igbo community’s endorsement could prove decisive, given its influence as both a demographic and economic force within the constituency.

They argue that the development underscores a broader narrative of cross-ethnic political alignment, positioning Da-Silva as a candidate capable of bridging divides in a politically diverse area.

As preparations for the 2027 elections gradually gather momentum, the endorsement adds a new dimension to the contest in Amuwo Odofin, where community backing is often a critical determinant of electoral success.

MasterChef Nigeria Shocker: Fads’ Journey Ends in Dramatic Elimination

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MasterChef Nigeria Shocker: Fads’ Journey Ends in Dramatic Elimination

Tension peaked in the MasterChef Nigeria kitchen as contestant Fads exited the competition following a high-stakes challenge that tested both creativity and execution under pressure.

In an episode where ambition alone proved insufficient, Fads and fellow contestant Loye were called forward by judges after their dishes failed to meet expectations.

Ultimately, it was Fads who was eliminated, bringing her journey in the competition to an end. Reflecting on her performance, Chef Stone remarked, “I feel you had enough time to create something a bit more than this.”

The episode marked a shift from the previous week’s emotionally driven challenge, as Chef Stone and Chef Eros invited contestants into their culinary worlds, sharing personal stories and signature dishes that define their cooking styles.

Contestants were then tasked with reimagining these dishes within 90 minutes. Adding a twist, the judges’ dishes were randomly assigned.

Some contestants recreated Chef Stone’s Pan-African Beef Wellington, while others tackled Chef Eros’ bold combination of Ewa Hummus, Agoyin Chutney, and Agege Flatbread.

Fads, who took on the challenge with confidence, initially appeared on track. However, her final presentation—beef and mushroom skewers paired with pistachio crepe, fell short, largely due to the absence of key sauces meant to unify the dish.

Loye, on his part, described his interpretation of Chef Eros’ dish as “a flavour bomb,” but the judges concluded that it still did not meet the competition’s high standards.

Meanwhile, standout performances came from David and Demilade, who impressed the judges with creativity and precision.

Demilade emerged as the challenge winner, earning a culinary trip sponsored by South African Tourism. Her dish, inspired by Chef Eros, showcased exceptional flavour and technique, while her dessert—an apple, cranberry, and chinchin crumble, was praised as restaurant-quality.

David also delivered a strong showing, building on his previous win and demonstrating consistency and focus throughout the challenge.

With Fads’ departure, the competition tightens as the remaining seven contestants prepare for another round of intense culinary tests, with judges hinting at a major twist in the coming episode.

Produced by Primedia Group, the show continues to enjoy backing from major brands including Power Oil, Indomie, Dano Milk, Malta Guinness, and Golden Penny.

MasterChef Nigeria airs weekly on Africa Magic Showcase and Africa Magic Family, with repeat broadcasts later in the week.

2026 GTCO Masterclass Showcases Innovative Twist on Zobo with Gourmet Dessert Creation

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2026 GTCO Masterclass Showcases Innovative Twist on Zobo with Gourmet Dessert Creation

The innovative avenue of experimenting with local ingredients provided by the GTCO Food and Drinks Festival 2026 masterclasses came to life with a creative twist on one of West Africa’s most familiar beverages, Zobo.

Zobo, a drink native to West Africa made from the hibiscus plant, Hibiscus sabdariffa, took centre stage during the first masterclass on the third day of the festival, as participants were introduced to new ways of reimagining traditional flavours.

Leading the session was Camari Mick, an award-winning pastry chef based in New York City, who guided attendees through a hands-on demonstration on how to prepare a sorrel (zobo) lemon tart topped with meringue.

The session began with the preparation of the curd filling, combining ingredients such as eggs, sugar, sorrel (hibiscus), lemon juice, butter, and gelatin.

Award-winning pastry chef, Camari Mick.

Participants were taken step-by-step through key culinary techniques, including proper whisking methods, heat control, emulsification of fats, and the role of gelatin in achieving the desired texture.

As the mixture thickened into a smooth consistency, chef Mick strained and piped it into pre-baked tart shells.

She then shifted attention to the meringue topping, where eggs and sugar were whisked over heat before being whipped into a light, airy finish and layered onto the tart.

Beyond the practical demonstration, the masterclass was highly interactive, with participants actively assisting and engaging the chef with questions around ingredient substitutions, flavour balancing, and foundational food science concepts such as pH reactions.

Chef Mick also emphasised the importance of balancing sweetness and tanginess to elevate the overall taste profile.

The choice of zobo was particularly significant, highlighting its nutritional value as a rich source of vitamins, minerals, and antioxidants, while showcasing its versatility beyond traditional beverage use.

About Camari Mick

Widely regarded as a rising force in the global pastry scene, Mick has earned recognition from leading culinary institutions, including being named among Food & Wine’s Best New Chefs in 2024 and a multiple-time James Beard Award semi-finalist.