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Unity Bank, Experts Push Green Investment, Climate Innovation for Economic Resilience

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Unity Bank Disburses Over N500m Through SHOCOF to Boost Small Traders, Financial Inclusion

Unity Bank Plc, in collaboration with climate innovation experts, has called for increased investment in the green economy and adoption of innovative technologies to strengthen economic resilience and mitigate the effects of climate change across Africa.

The call was made during a webinar organised by the bank to commemorate Earth Day 2026, themed “The True Cost of Climate Change and Who Pays?”.

Speaking at the event, the bank’s Head of Strategy and Innovation, Ibukun Coker, stressed the urgency of addressing climate risks, noting that climate change has become an immediate threat with far-reaching consequences for individuals, businesses, and economies.

He said the bank is committed to integrating sustainability into its financing decisions and supporting initiatives that enhance resilience in communities.

The webinar featured insights from Chinwe Udo-Davis, Founder and CEO of Instollar, and Oluwatosin Ajide of the Nigeria Climate Innovation Centre.

Udo-Davis highlighted the unequal impact of climate change, noting that underserved communities bear the greatest burden due to limited access to sustainable energy and resources.

She called for intentional investment in clean energy solutions that are accessible and scalable to bridge the gap.

Ajide, on his part, emphasised the need for coordinated, system-wide approaches, stressing that tackling climate change requires alignment across innovation, policy, financing, and implementation.

The session also explored opportunities in climate technology, renewable energy, and ecosystem financing, underscoring the importance of collaboration in building long-term sustainability.

Unity Bank said the initiative reflects its broader commitment to environmental stewardship, financial inclusion, and the promotion of responsible growth through sustainability-driven solutions.

Nigeria Bears World’s Highest Burden of Childhood Sickle Cell Disease — Lancet Study

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Nigeria Bears World’s Highest Burden of Childhood Sickle Cell Disease — Lancet Study

A new international study published in The Lancet Child & Adolescent Health has revealed that Nigeria has the highest number of children living with sickle cell disease, SCD globally, with over 1.5 million affected under the age of 15.

The study estimates that nearly nine million children across sub-Saharan Africa were living with the condition in 2023, including about 1.17 million infants and 2.75 million children under five, who face the greatest risk of early death without treatment.

Nigeria accounts for the largest share of this burden, significantly surpassing other high-prevalence countries such as the Democratic Republic of the Congo and Ethiopia.

The research, led by Davies Adeloye of Teesside University and Director of the International Society of Global Health, analysed data from 40 studies across 22 African countries, making it one of the most comprehensive assessments of childhood SCD on the continent.

Sickle cell disease is a hereditary blood disorder present at birth. Experts note that early diagnosis and access to low-cost interventions—including newborn screening, routine vaccinations, malaria prevention, penicillin prophylaxis, and the use of Hydroxyurea—can significantly reduce complications and prevent deaths.

However, access to these services remains limited in Nigeria, where many children are diagnosed late or not at all, leading to avoidable complications and high mortality rates.

Commenting on the findings, Adeloye said Nigeria is now at the centre of the global sickle cell crisis but also has a major opportunity to reverse the trend.

He noted that integrating sickle cell care into routine maternal and child health services, alongside scaling up newborn screening programmes, could save hundreds of thousands of lives.

The study called for urgent and coordinated action involving government, healthcare institutions, and development partners to expand screening, improve access to essential medicines and vaccines, and strengthen primary healthcare systems.

Researchers added that even modest improvements in early detection and treatment in high-burden countries like Nigeria could significantly improve child survival rates and reduce preventable deaths.

LASU, FUSTECH Debunk Conversion Claim Over Epe Campus

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LASU Dominates National Kickboxing Championship with 19 Medals Haul

The management of Lagos State University and Federal University of Science and Technology Epe have dismissed as false reports claiming that the LASU Epe Campus has been converted into FUSTECH.

In a joint clarification, the institutions described the circulating notice as misleading, stressing that the LASU Epe Campus remains a fully operational arm of the university.

According to the statement, the campus continues to host key academic units, including the Faculty of Engineering, Faculty of Environmental Sciences, School of Agriculture, as well as the Pre-Degree and Sandwich Degree programmes, alongside other academic and research centres.

The institutions, however, explained that FUSTECH, a newly established university, is currently utilising some facilities at the LASU Epe Campus on a temporary basis to support its take-off.

They noted that the arrangement is part of a collaborative effort and does not in any way alter the ownership, structure, or academic operations of either institution.

“Each institution retains its distinct identity, governance structure, and academic programmes. The arrangement is only interim, pending FUSTECH’s relocation to its permanent site,” the statement said.

The clarification was jointly signed by the Registrar of LASU, Emmanuel A. Fanu, and the Registrar of FUSTECH, Kabiru Olawale Okugbesan.

They urged members of the public, prospective students, parents, and stakeholders to disregard the false claim and rely solely on official communication channels for accurate information.

Both institutions reaffirmed their commitment to academic excellence and pledged to continue providing clear guidance to stakeholders.

WCD: NCSP Advocates Innovation as Driver of Nigeria–China Economic Growth

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WCD: NCSP Advocates Innovation as Driver of Nigeria–China Economic Growth

The Nigeria–China Strategic Partnership, NCSP has called for stronger commitment to innovation, collaboration, and execution as key drivers of sustainable development, as the world marks the World Creativity and Innovation Day 2026.

In a statement commemorating the day, the Partnership emphasised that this year’s theme, “Recreating Tomorrow Today,” highlights the need for stakeholders across public and private sectors to move beyond ideas and focus on actionable solutions with measurable impact.

According to NCSP, creativity and critical thinking remain essential in advancing the United Nations-backed Sustainable Development Goals (SDGs), particularly in tackling challenges such as economic inequality, climate change, and inclusive growth.

The organisation noted that its ongoing engagements between Nigeria and China are designed to translate innovation into tangible outcomes across key sectors, including infrastructure, technology, manufacturing, and the creative economy.

As a bilateral platform, NCSP said it continues to promote knowledge transfer, deepen investment linkages, and support scalable solutions that enhance Nigeria’s global competitiveness.

Speaking on the significance of the day, the Director-General of NCSP, Joseph Olasunkanmi Tegbe, stressed the importance of outcome-driven innovation.

“Creativity must go beyond ideas. It must lead to action. This is how we solve real problems, create opportunities, and shape a better future,” he said.

Tegbe added that structured collaboration between Nigeria and China offers significant opportunities, particularly by combining Nigerian talent with Chinese technological advancement to unlock growth across sectors.

He further highlighted the growing importance of the creative economy as a driver of job creation, entrepreneurship, and cultural exchange, especially given Nigeria’s large youth population.

NCSP reaffirmed its commitment to supporting talent development, strengthening global partnerships, and promoting innovation-led growth, noting that sustained progress depends on the ability of institutions to translate ideas into execution and collaboration into real impact.

Ogun East APC Ticket: Analyst Questions Abiodun’s Suitability for Senate Role

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Ogun East APC Ticket: Analyst Questions Abiodun’s Suitability for Senate Role

A political analyst, Shola Akinkunmi, has raised concerns over the suitability of Ogun State Governor, Dapo Abiodun, for a potential senatorial role, as contest for the All Progressives Congress, APC ticket in Ogun East begins to gather momentum.

In an opinion piece, Akinkunmi argued that the conversation around the Ogun East senatorial race is shifting from name recognition to questions of competence and temperament, particularly the ability to collaborate effectively within a legislative environment.

He noted that while executive experience often provides an advantage in politics, it does not necessarily translate into effectiveness in the Senate, which he described as a system built on negotiation, compromise, and alliance-building rather than command.

According to him, concerns around Abiodun’s leadership style stem from what he characterised as strained relationships with key political stakeholders in Ogun State, including former governors and influential party figures.

Akinkunmi cited reported tensions involving former governor and current senator, Gbenga Daniel, as well as perceived friction with elder statesman, Olusegun Osoba, suggesting a pattern of political discord.

He argued that such dynamics raise questions about the governor’s collaborative temperament, which he described as critical for legislative effectiveness, where influence depends largely on relationships and consensus-building.

Drawing comparisons with other states, the analyst pointed to leadership approaches in Ekiti and Ondo, highlighting how governors like Biodun Oyebanji have fostered political cohesion across party lines and generations, thereby strengthening governance stability.

He maintained that, unlike executive roles where directives can be issued, legislative success requires persuasion, emotional intelligence, and the ability to sustain alliances across competing interests.

Akinkunmi further stressed that Ogun East requires a senator capable of navigating federal structures, influencing policy, and attracting development through strategic relationships, rather than relying solely on incumbency or administrative visibility.

He concluded that the decision before APC delegates and voters goes beyond personalities, focusing instead on contrasting leadership styles, one rooted in executive authority and another in collaboration and engagement.

The analyst warned that without a demonstrated capacity for consensus-building, any transition from executive office to the Senate could limit effectiveness in delivering meaningful representation for the district.

LASU Professor Rebrands Ageing with “Recycled Teenagers” Concept

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LASU Professor Rebrands Ageing with “Recycled Teenagers” Concept

Lagos State University, LASU has hosted its 121st inaugural lecture, where Professor Olanrewaju Emmanuel Ajiboye introduced a thought-provoking perspective on ageing, describing older adults as “recycled teenagers.”

Delivering a lecture titled “That We May Age Gracefully: A Social Gerontologist’s X-ray of Later Life,” Ajiboye, who is of the Department of Sociology drew on years of research in social gerontology, gender, and development studies to advocate for a shift in how society perceives ageing.

He emphasised the need for stronger support systems for older adults, calling for collaborative efforts among families, government, and communities to ensure they live meaningful and fulfilling lives.

According to him, negative stereotypes that portray ageing as a period of decline should be challenged, noting that older persons remain active, productive, and socially relevant.

At the core of his lecture was the “recycled teenagers” concept, which presents older adults as individuals who retain energy, purpose, and the capacity to contribute meaningfully to society.

Ajiboye also criticised the use of the term “elderly,” describing it as limiting and often associated with negative connotations.

He advocated for more inclusive language such as “older adults” or “older persons,” stressing that language plays a crucial role in shaping societal attitudes and reducing age-based discrimination.

The professor further highlighted the importance of Social Gerontology in informing policies that enhance the welfare, inclusion, and quality of life of ageing populations.

The event, held at the Buba Maruwa Auditorium on the university’s Ojo campus, took place under the leadership of the Vice-Chancellor, Ibiyemi Olatunji-Bello, and marked a significant milestone in Ajiboye’s academic career.

Colleagues and attendees commended his contributions to research, mentorship, and community development, describing his work as instrumental in advancing conversations around ageing, dignity, and social inclusion.

JMG Marks World Creativity Day with Impact-Driven Projects Across Nigeria

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JMG Marks World Creativity Day with Impact-Driven Projects Across Nigeria

JMG Limited has marked the 2026 World Creativity and Innovation Day by showcasing a range of projects aimed at addressing real-world challenges through engineering innovation.

The company said its initiatives align with this year’s theme, “Harnessing Creativity for Global Progress,” emphasizing its commitment to delivering practical solutions that improve lives and drive industrial growth.

As part of its 2025 interventions, JMG installed a solar hybrid power system at the Agboyi Ketu Primary Health Care Centre, ensuring uninterrupted electricity for essential services such as emergency care, maternity, immunisation, and diagnostics.

Across the industrial sector, the firm also recorded significant milestones. In partnership with Lambert Electromec, JMG delivered advanced cooling solutions for parts of West Africa’s largest data centre, supporting critical digital infrastructure.

The company further disclosed that its solar installations at NIPCO Plc fuel stations are generating estimated annual savings of ₦44.4 million, while an air compressor upgrade at the Dangote Cement plant improved operational efficiency.

In Kano, JMG completed a power and cooling upgrade for Quick Buy Supermarket, enhancing both business performance and customer experience.

Speaking on the company’s approach, Chief Commercial Officer, Rabi Jammal, said innovation must go beyond ideas to deliver tangible impact.

“It’s not enough to build systems; those systems must improve lives,” she said.

The World Creativity and Innovation Day, established by the United Nations, celebrates the role of creative thinking in advancing sustainable development and shaping a better future.

JMG reiterated its commitment to engineering solutions across power generation, electrical infrastructure, vertical transportation, cooling systems, and clean energy, including solar and hybrid technologies, as it continues to expand its footprint in Nigeria’s industrial landscape.

Ogun Police Arrest Four Suspected Cultists, Recover Weapons, Stolen iPhone in Ilaro

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Ogun Police Debunk Kidnap Allegation, Confirm ‘Suspects’ as Serving Officers on Official Duty

Operatives of the Ogun State Police Command have arrested four suspected cultists in Ilaro over alleged involvement in assault, armed robbery, and unlawful possession of firearms.

The suspects, Samson John, 25; Olufowora Michael, 28; Odeh Samuel Ejeh, 25; and Olajide Jeremiah, 28, were apprehended by officers attached to the Ilaro Division following a complaint lodged at the station.

According to the police, the incident was reported on April 16, 2026, at about 11:30 p.m., with the complainant alleging that earlier that day, around 1:00 p.m., one of the suspects, alongside six others still at large, invaded his residence, assaulted him, threatened him with an axe, and robbed him of his iPhone 14 Pro Max.

Police operatives were said to have acted swiftly on the report, leading to the arrest of the four suspects. Items recovered from them include a locally made pistol, an axe, suspected charms, and the stolen phone.

The suspects are currently in custody, while efforts are ongoing to apprehend other fleeing members of the gang. The case has been transferred to the State Criminal Investigation Department for further investigation and prosecution.

Reacting to the development, the Commissioner of Police, Bode Ojajuni, commended the operatives for their prompt response and professionalism.

He reiterated the Command’s zero tolerance for cultism and violent crimes, assuring residents that criminal elements would be decisively dealt with.

The police also urged members of the public to remain vigilant and report suspicious activities through its emergency lines, including the Gateway Shield toll-free number.

Wema Bank Meets CBN Recapitalisation Requirement, Retains National Banking Licence

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Wema Bank Meets CBN Recapitalisation Requirement, Retains National Banking Licence

Wema Bank has announced that it has successfully met and surpassed the recapitalisation requirements set by the Central Bank of Nigeria, CBN reaffirming its status as a national bank.

The lender disclosed that its Total Qualifying Capital rose to ₦264.7 billion following the completion of a ₦150 billion Rights Issue and an additional ₦50 billion special placement in 2025. This places the bank well above the ₦200 billion minimum capital threshold stipulated by the apex bank.

The recapitalisation exercise was concluded six months ahead of the CBN’s deadline, underscoring Wema Bank’s strong financial position and investor confidence.

The CBN had, in March 2024, introduced a recapitalisation programme requiring national banks to maintain a minimum capital base of ₦200 billion as part of efforts to strengthen the resilience of financial institutions and position them for sustainable growth.

In April 2026, the regulator confirmed that Wema Bank was among 32 financial institutions that successfully completed the exercise across various banking categories. Notably, the bank is among only ten national banks that exceeded the required capital threshold, thereby retaining its national banking licence.

Commenting on the milestone, the Managing Director and Chief Executive Officer of Wema Bank, Moruf Oseni, described the development as a defining moment for the institution.

He said the successful recapitalisation validates the bank’s long-term strategy, performance, and the confidence reposed in it by shareholders and stakeholders.

“We have not only met the CBN’s requirements; we have exceeded them, reinforcing our position as a national bank with the scale, strength, and stability to compete and lead,” Oseni said.

He added that the strengthened capital base would enable the bank to expand its market presence, enhance access to credit, and deliver improved digital banking experiences through its flagship platform, ALAT.

The bank noted that the capital raise, largely driven by existing shareholders, reflects sustained investor trust and its disciplined execution over the years.

Wema Bank said the milestone marks the beginning of a new phase of accelerated growth, positioning it to deepen its footprint across retail, SME, and corporate segments while contributing more significantly to Nigeria’s economic development.

With a strengthened balance sheet and renewed strategic focus, the bank reiterated its commitment to driving innovation, supporting businesses, and delivering long-term value to stakeholders.

NCC, CBN Sign MoU to Strengthen Consumer Protection, Tackle Fraud

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NCC, CBN Sign MoU to Strengthen Consumer Protection, Tackle Fraud
L - R: Olatokunboh Oyeleye, Director, Cybersecurity and Internet Governance, Nigerian Communications Commission, NCC; Dr. Aminu Maida, Executive Vice Chairman/CEO, NCC; Mr Olayemi Cardoso, Governor of Central Bank of Nigeria; Dr. Rakiya Opemi Yusuf, Director, Payment System Supervision Department, CBN, during the signing of Memorandum of Understanding between NCC and CBN, on the 20th of April 2026, At CBN Headquarters Abuja

The Nigerian Communications Commission, NCC and the Central Bank of Nigeria, CBN have signed a Memorandum of Understanding, MoU aimed at safeguarding consumers against fraud and strengthening Nigeria’s digital economy.

The agreement also led to the inauguration of a Joint Committee on Payment Systems and Consumer Protection, as well as a Joint Committee on Telecoms Identity Risk Management System (TIRMS) Portal.

Speaking at the signing, the Executive Vice Chairman and Chief Executive Officer of NCC, Aminu Maida, described the MoU as a structured framework for collaboration in critical areas such as payment system integrity, fraud mitigation, digital inclusion, and consumer protection.

He noted that the partnership would translate into practical outcomes that enhance trust, deepen financial inclusion, and support a resilient digital ecosystem.

Maida said the agreement marks a significant milestone in regulatory collaboration, adding that both institutions have a track record of working together to address cross-sector challenges, including the resolution of the USSD debt impasse.

“This MoU provides a clear framework for cooperation in promoting secure digital payments, enhancing trust in mobile-enabled financial services, and extending access to underserved populations and MSMEs,” he said.

A key component of the collaboration is the Telecoms Identity Risk Management System (TIRMS) Portal, which will enable financial institutions to access critical data on phone numbers, including status updates on SIM swaps, recycled numbers, and lines flagged for suspicious activity.

According to Maida, the system will enhance the ability of financial institutions to detect and prevent electronic fraud, particularly those linked to mobile numbers.

He also highlighted the consumer protection benefits of the agreement, noting that issues such as failed airtime recharges would now be resolved more efficiently through coordinated action between both regulators.

On his part, the Governor of the CBN, Olayemi Cardoso, said the MoU would strengthen coordination on regulatory approvals, technical standards, and innovation initiatives, including sandbox testing for emerging financial solutions.

Cardoso reaffirmed the apex bank’s commitment to working with the NCC to build a safer, more inclusive, and resilient digital financial system that supports economic growth and protects consumers.

He subsequently inaugurated the joint committees, stating that their work would place consumer protection and fraud prevention at the forefront of regulatory efforts across the telecommunications and financial sectors.

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