Category: Business

  • AFC, NGX partner to unlock capital for infrastructure development

    AFC, NGX partner to unlock capital for infrastructure development

    Nigeria needs to mobilise long-term domestic capital to bridge its infrastructure deficit, estimated to reach $2.3 trillion by 2043.

    Experts at a two-day capacity-building programme organised by Africa Finance Corporation (AFC) and Nigerian Exchange Limited (NGX) were unanimous on the need to strengthen the technical capabilities required to structure and finance infrastructure projects through Nigeria’s capital markets.

    The two-day workshop held in Lagos convened professionals from regulatory agencies, institutional investors, project sponsors, and financial institutions to strengthen capacity in project and infrastructure finance, and to explore how Nigeria’s capital markets can serve as a critical platform for financing sustainable infrastructure.

    Nigeria’s infrastructure deficit, long recognised as a constraint on productivity and competitiveness, is estimated to reach US$2.3 trillion by 2043, with some projections rising toward US$3 trillion over the coming decades.

    The workshop was convened to address the urgent need for innovative financing mechanisms capable of mobilising long-term domestic capital into bankable infrastructure opportunities.

    Executive Board Member and Head of Financial Services, Africa Finance Corporation (AFC ), Banji Fehintola, said closing the continent’s funding gap requires building local expertise and robust market structures that can support complex, long-term projects.

    “At AFC, we are committed to advancing not just project financing, but the full framework required to deliver bankable, sustainable infrastructure solutions. Our partnership with NGX reflects our belief that Nigeria’s capital markets can and must play a pivotal role in mobilising the scale of domestic resources required to drive the country’s long-term development,” Fehintola said.

    Read Also: Tinubu, First Lady, Shetimma, hail PFN at 40

    Chief Executive Officer, Nigerian Exchange (NGX), Jude Chiemeka, highlighted the importance of deepening expertise across the market.

    According to him, as capital markets assume a more central role in financing Africa’s development, building technical depth across the entire ecosystem becomes essential.

    “Through NGX X-Academy, our dedicated capacity-building platform, we are equipping market participants with the specialized knowledge required to originate, structure and manage infrastructure assets that meet both local needs and global investment standards. This collaboration with AFC is a critical step in ensuring that Nigeria and the wider region develop the institutional capabilities to attract and deploy patient capital at scale,” Chiemeka said.

    Over the two-day programme participants explored frameworks for project structuring, risk allocation and credit enhancement- tools essential for bringing infrastructure assets to market. The sessions also examined emerging capital market instruments including green bonds, infrastructure REITs, blended finance structures and partial risk guarantees, highlighting practical pathways to mobilize long-term domestic and international capital for infrastructure.

    The workshop marks a milestone in the growing collaboration between AFC and NGX, reinforcing their shared commitment to unlocking sustainable, market-led infrastructure financing. Both institutions plan to build on this momentum through follow up initiatives aimed at deepening engagement and translating insights from the programme into tangible financing solutions for critical infrastructure projects.

  • Accion MfB opens Kaduna branch

    Accion MfB opens Kaduna branch

    Accion Microfinance Bank (MfB) has strengthened its presence across Northern Nigeria with the commissioning of its 75th branch in Kaduna State.

    The new branch opening reflects Accion MfB’s dedication to bringing inclusive and affordable financial services closer to individuals, traders, and small businesses.  As one of Northern Nigeria’s key commercial cities, Kaduna is home to a growing community of entrepreneurs who stand to benefit from Accion MfB’s customised banking solution, ranging from loans and savings to secure digital transactions and other innovative financial products.

    Ahead of the official launch, Accion MfB carried out a two-day community engagement and market sensitisation exercise across key commercial areas such as Abubakar Gumi Market, Chanchangi, New Pantaker, Old Pantaker, Kawo, Mando, and Sabo – to introduce its services, strengthen relationships with traders, and promote awareness on financial literacy and empowerment.

    Speaking during the ceremony, Mr. Taiwo Joda (Managing Director/CEO, Accion MfB) emphasized the Bank’s dedication to empowering individuals and businesses through convenient, affordable, and reliable financial solutions.

     “Kaduna is a vital commercial center with enormous potential. The new branch here is our commitment to supporting economic growth by bringing financial services directly to the people who need them most,” he stated.

    Also speaking at the event, Mr. R.O. Salami spoke highly of Accion MfB’s established credibility in Nigeria’s microfinance landscape.

    “Accion has built a strong reputation for integrity and innovation in the microfinance sector,” he noted.

    Read Also: Tinubu, First Lady, Shetimma, hail PFN at 40

    With modern facilities, secure digital channels, and dedicated customer service, the Kaduna branch delivers a comprehensive range of services – from micro and SME loans to savings, digital banking, and financial literacy support designed to help customers succeed.

    As it celebrates nearly two decades of impact since its inception in 2006, Accion MfB has remained committed to transforming lives and businesses through inclusive, and sustainable financial services.

    The event was attended by distinguished guests including Mr. Ayodeji Mebude (Group Head, Operations, Accion MfB), Mr. Stephen Olalere (Chief Commercial Officer, Accion MfB), Mr. R.O. Salami (Chief Executive Officer, NEAT Microfinance Bank, Kaduna), Mrs O.M. Salami (Chief Operating Officer, NEAT Microfinance Bank, Kaduna), Mr. Auwal Babangida (Special Adviser to Senator Alhaji Lawal Adamu, Kaduna Central), Mr. Samuel Amamchucku (Proprietor, Engravers College, Kaduna), Mrs. Olajumoke Olaitan Akinlosotu (CEO PTL-JIL Enterprises Nigeria Limited), Ibrahin Adamu (Chairman, Central Market, Kaduna), Mr. John Chukwuemeka Ugwor (John Modesty Boutique).

  • Alternative Bank support SMEs at Kano Trade Fair

    Alternative Bank support SMEs at Kano Trade Fair

    The Alternative Bank (AltBank), Nigeria’s non-interest bank, has announced a dedicated SME support package at the 46th Kano International Trade Fair (KITF), offering free payment solutions, zero cost digital onboarding and targeted advisory support to traders and entrepreneurs across Northern Nigeria.

    The intervention reinforces the Bank’s commitment to using sustainability centred non-interest finance to unlock growth for businesses and strengthen regional commerce.

    Kano, widely recognised as one of Nigeria’s commercial nerve centre of Northern Nigeria, continues to serve as a hub for resilience, trade and innovation. AltBank’s participation at this year’s fair is built around a clear goal to help micro, small and medium enterprises (MSMEs) access the tools, capital and advisory they need to move from survival to sustainable expansion.

    Delivering his goodwill message at the fair, Garba Mohammed, Executive Director (North), at The Alternative Bank, described the Bank’s role as one that goes beyond conventional lending.

     “At The Alternative Bank we see ourselves as a catalyst for shared prosperity. Hence, we will continue to seek out partnerships that drive growth, uplift individuals, strengthen communities, and unlock the potential of businesses,” said Mohammed, who was represented by The Alternative Bank’s Regional Business Executive (North West 2), Aliyu Wada-Nas.

    The fair also featured a special business seminar, organised by the Kano Chamber of Commerce, Industry, Mines & Agriculture (KACCIMA). Convened under theme, ‘Empowering SMEs for Sustainable Development: The Pathway to Inclusive Growth’ the discussions sought to explore key pathways to MSME growth through discussions on economic opportunities, tax reforms, financing options, digital technology, and climate resilience.

    Read Also: Tinubu, First Lady, Shetimma, hail PFN at 40

    During his keynote address at the seminar, Mohammed highlighted the central role of MSMEs in Nigeria’s economic future and called for closer collaboration among stakeholders.

     “The nations that lead tomorrow are those that empower their small businesses today. Government, financial institutions, development partners and SMEs can work together to unlock a new era of sustainable and inclusive growth for Kano, for Northern Nigeria and for our country.

     “At The Alternative Bank, small businesses are not an afterthought. They sit at the core of our mission to establish Nigeria as a stronghold for international trade and long-term economic resilience,” he said.

    SMEs are estimated to account for over 90 per cent of businesses in Nigeria, employ a significant share of the workforce and contribute a substantial portion to the national GDP. Yet many still struggle with limited access to finance, weak infrastructure, digital exclusion and restricted market reach.

    Looking to bridge this gap, AltBank has significantly enhanced its support for the segment through a series of impactful initiatives. The Bank recently secured a $15 million facility to boost its capacity for trade and commodity finance, further strengthening its commitment to fostering inclusive economic growth and empowering SMEs across Nigeria.

  • Marble Capital counts milestones at fifth anniversary

    Marble Capital counts milestones at fifth anniversary

    Marble Capital Limited, a Shariah-compliant and ethical investment management firm, has said its five years of operations has been defined by innovation, integrity, and consistent value creation for its investors.

    Chief Executive Officer, Marble Capital Limited, Akeem Oyewale  said the company has over the period of five years has solidified its position as a trailblazer in Nigeria’s ethical finance sector, delivering Shariah-compliant, transparent, and performance-driven investment solutions.

    He said: “We are truly delighted to celebrate our 5th anniversary at Marble Capital Limited. The past five years have been an extraordinary journey of growth, innovation, and steadfast dedication to delivering lasting value to our investors.

    “From inception, our mission has been to redefine ethical investment management in Nigeria by providing Shariah-compliant solutions that combine strong financial performance with the principles of fairness, transparency, and integrity.

    “Every milestone, from pioneering new products to earning industry recognition, reflects the confidence of our clients and the commitment of our team. As we look ahead, we remain focused on broadening access to ethical investment opportunities, advancing financial inclusion, and driving continuous innovation that aligns profit with purpose”.

    He listed landmark achievements of the company to include launch of Nigeria’s first SEC-approved Shari’ah-compliant commodities fund, the Marble Halal Commodities Fund (MHCF) giving investors unprecedented access to halal-certified commodities markets delivered strong 2024 performance, with the Marble Halal Commodities Fund (MHCF) and the Marble Halal Fixed Income Fund (MHFIF).

    Read Also: Tinubu, First Lady, Shetimma, hail PFN at 40

    He noted that Marble Capital was also honoured as Islamic Asset Management Firm of the Year at the BusinessDay BAFI Awards in 2022 and 2023, recognizing the firm’s leadership in ethical investing, nominated in 2025 for Islamic Fund Manager of the Year.

    He added that the company was recognized by the FMDQ Awards as the Largest Fund Manager on FMDQ Exchange, a remarkable testament to its scale, transparency, and investor confidence and named Winner of the Islamic Finance Deal of the Year (Islamic Finance Fund) at the 7th AICIF Awards (2025), reinforcing its reputation for innovation and excellence in Islamic finance.

    Head, Asset Management, Marble Capital, Busola Kuku explained that the company currently offers a robust range of ethical investment solutions, including Marble Halal Commodities Fund (MHCF)- exposure to halal-certified commodities, Marble Halal Fixed Income Fund (MHFIF) – a low-risk option with competitive annual growth, Marble Alpha Portfolio (MAP) – High-risk, high-return portfolio,  Marble Beta Portfolio (MBP) – Balanced, medium-risk strategy, Marble Gamma Portfolio (GMP) – Low-risk, capital-preservation portfolio  and Marble Bespoke Investment Portfolio – Tailored portfolio, offering a competitive return, designed for high-net-worth investors.

    “As Marble Capital celebrates this remarkable milestone, the firm reaffirms its mission to empower investors through ethical, transparent, and innovative financial solutions.

    “Our five-year journey is only the beginning of a much bigger vision. We are determined to continue shaping the landscape of ethical investing in Nigeria and beyond. The growing demand for responsible, Shariah-compliant financial products inspires us to keep innovating and expanding the boundaries of what’s possible in this space.

    “Going forward, our focus will remain on developing tailored solutions that align with investors’ values while ensuring consistent, sustainable returns. At Marble Capital, we believe that ethical finance is not just an alternative, it is the foundation for a more inclusive and resilient financial future

    “As it marks this significant milestone, the firm reiterates its commitment to shaping the future of ethical investing by delivering value-driven, responsible, and resilient investment opportunities that align with the evolving needs and values of its clients,” Kuku said.

  • NSITF reaffirms commitment to service delivery

    NSITF reaffirms commitment to service delivery

    Nigeria Social Insurance Trust Fund (NSITF) has reassured of its mandate of processing claims and building confidence in the workforce, enabling business continuity, and its readiness to shoulder the burdens of employers when injuries, disabilities or workplace incidents occur.

    Managing Director, Nigeria Social Insurance Trust Fund (NSITF), Oluwaseun Faleye gave the assurance  at the NSITF Special Day at the 2025 Nigeria International Trade Fair, where he emphasised that no economy grows sustainably without a protected workforce.

    Faleye, who was represented by the Regional Manager, Mainland, Lagos Region of NSITF, Agboma Okoroafor, said over the past year, the Fund has undergone significant transformation.

    He said: “We have improved transparency in claims processing, strengthened compliance nationwide, expanded digital reporting channels, and deepened engagement with MSMEs, the backbone of Nigeria’s trade and industrial ecosystem.”

    On the theme of the fair, “Trade, Technology and Transformation: Leveraging Digital Trade for Economic and Industrial Growth,” Faleye said as global commerce evolves, nations that successfully integrate technology into productive sectors will lead the next wave of economic expansion.

     “Under the Renewed Hope Agenda of President Bola Ahmed Tinubu, Nigeria is already making deliberate strides in that direction, modernising institutions, digitising government services, and strengthening the business environment.”

    She noted that the Fund’s mandate is clear; to secure the Nigerian worker, safeguard employers, and underpin productivity through a robust Employees’ Compensation Scheme (ECS).

     “Our Lagos region remains one of the strongest pillars of this progress, with thousands of employers now fully onboarded and benefiting from simplified, technology-driven processes.”

    Read Also: Tinubu, First Lady, Shetimma, hail PFN at 40

    The NSITF boss assured manufacturers, traders, innovators, and investors of the Fund’s partnership for business resilience, stressing that when workers are safe, businesses thrive. When businesses thrive, the economy grows. And when the economy grows, Nigeria wins.”

    She added that the fair provides an invaluable opportunity to listen, educate and to deepen partnerships, because the future of trade in Nigeria rests on a workforce that is protected, productive, and prepared for the demands of a rapidly changing global landscape.

    On her part, Vera Safiya Ndanusa, the ED/CEO, Lagos International Trade fair Complex Management Board, noted that the fair is not just for innovators, exhibitors or entrepreneurs, but also for the Nigerian workers.

    Ndanusa said most employers from the private and public sectors are not usually guided by the rules and regulations despite having been trained by the ILO on the necessity to have some measures in place for safer workplaces.

    She stressed the important role the ECS plays in protecting Nigerian workers and supporting a safer and more productive business, urging employers to key into the scheme.

     “We value NSITF’s unwavering commitment to social security, workplace safety, and the strengthening of our national workforce.

    “And this special day is an opportunity for stakeholders to better understand the services NSITF provides and how these services contribute to enterprise stability and economic growth. As we begin today’s activities, I encourage everyone to engage, learn, and explore new avenues of collaboration.” 

  • Family, Folarin, Alli, others celebrate HMF CEO, Adeoye, on NSE fellowship conferment

    Family, Folarin, Alli, others celebrate HMF CEO, Adeoye, on NSE fellowship conferment

    Former Senate Leader and governorship candidate of the All Progressives Congress(APC) in Oyo State during the 2023 general election, Teslim Folarin; the incumbent Senator representing Oyo South Senatorial District, Sharafadeen Alli; the wife of the honouree, Hajia Halimat-Sadia Adeoye, and a lawyer, Mr Lekan Alabi, among other numerous friends and associates, have hailed the conferment of fellowship by the Nigerian Society of Engineers on the President and Chief Executive Officer of HMF Construction Limited, Engr. Idris Adeoye.

    The conferment of fellowship on Nigerian engineers by the Society is a prestigious recognition accorded to engineers who have demonstrated exceptional professional achievements, made significant contributions to the engineering field, and provided substantial service to the NSE. It is the highest grade of membership in the Society.

    Engineer Idris, a 2002 graduate of engineering at the University of Ibadan, through his construction companies,  has executed and is still executing ground-breaking projects across Nigeria, ranging from roads, bridges, housing, office complexes, mining, agriculture, to land development.”

    The conferment ceremony, which is scheduled to hold on Monday, 1 December, at the University of Ibadan, is expected to be graced by prominent Nigerians, including leading engineers in various fields such as civil, mechanical, electrical, chemical, and aeronautic engineering, among others.

    In a message to her husband, the honouree’s wife, Mrs Adeoye, described the moment as the brightest chapter in their shared story.

    She said: “…Being honored as a Fellow of the Nigerian Society of Engineers is a testament to your brilliance, dedication, and the tender strength you pour into everything you do, and I am endlessly proud to stand beside you, celebrating this remarkable achievement that shines even brighter because we share it together.”

    In their message of celebration, the children wrote: “Daddy, we joyfully celebrate you on being conferred a Fellow of the Nigerian Society of Engineers—a shining acknowledgment of your exceptional expertise, unwavering dedication, and the profound impact you’ve made in the engineering field; your achievement fills our hearts with pride and inspiration, and we rejoice with you on this remarkable milestone.”

    In his goodwill message titled: “Celebrating Excellence and Integrity: A Goodwill Message to Engr. Idris Adeoye, FNSE,” Senator Folarin described the honour as well-deserved and “a testament to his unwavering commitment, professionalism, and numerous contributions to the advancement of engineering practice in Nigeria.”

    “Engr. Idris Adeoye is not only a distinguished professional with proven track record of excellence in his field, but also a brother, friend, and reliable pillar of support. He is a man who fears God, a philanthropist, and a devoted family man whose integrity and service-mindedness continue to inspire many.”

     Alli said the “elevation serves as an inspiration to younger professionals,” describing the honouree as a pride to Oyo State and Nigeria.

    “On behalf of the good people of Oyo South, I pray for Engineer Adeoye’s continued success, sound health and greater accomplishments in his career and service to humanity, while wishing him more impactful years ahead,” 

    On his part, Mr Alabi said; “I, Lekan Alabi Esq., director legal and corporate services of Hmf Construction Limited, felicitate with our President on this auspicious occasion of conferment of Fellow on him by the Nigerian Society of Engineers. This is a well-deserved honour bestowed on an accomplished engineer and industrialist. Congratulations.”

    The Chief Executive Officer of Al-Basith Investment Nigeria Limited, Alhaji Kehinde Arogundade, said the feat has simply crowned Engr Adeoye’s “unwavering commitment, professionalism, excellence, and impactful service.”

    Read Also: Tinubu, First Lady, Shetimma, hail PFN at 40

    “The honour inspires colleagues and the engineering community, recognising his resilience, leadership, and exemplary character. May it propel him to greater accomplishment, deepen his contributions, and inspire a new generation of engineers.”

    Meanwhile, the Chairman of Global Legend Integrated Concepts Limited, Alhaji Tajudeen Ajibola Ibrahim, who described Engr. Adeoye, as his mentee, said the elevation is a validation of his “dedication, expertise, and outstanding contributions to the engineering profession.”

    “This distinction is a reflection of your hard work, perseverance, and commitment to excellence. I am confident that your accomplishments will inspire future generations of engineers and continue to positively impact our society,” he said.

    Also sharing his goodwill message, the Chairman of the House of Representatives’ Committee on South West Development Commission, Prince Akeem Adeyemi, said the honouree’s journey is marked by perseverance and resilience, describing it as “a shining example of what can be accomplished through determination and passion.”

    “This accolade is not just a reflection of your professional prowess but also a testament to your character and the values you’ve upheld throughout your career,” he said 

    The honouree, who is the President and Chief Executive Officer of HMF Construction Limited, has, since his graduation from the Engineering Faculty of the University of Ibadan, committed his time and expertise to promoting excellence in engineering services and philanthropy.

    As a COREN registered engineer, his construction activities give hope to the President Bola Tinubu-led administration’s policy of the Federal Government of Nigeria on local content. 

    He is a employer of labour with over two hundred direct and indirect employees serving his various companies.

  • Reps, experts back MATAN’s Automated food security initiative

    Reps, experts back MATAN’s Automated food security initiative

    • …say scheme can solve 90% of Nigeria’s food crisis

    A member of the House of Representatives, Hon. Haruna Gowon,  has expressed strong support for the MATAN Food Bank Professionals Association of Nigeria’s Automated MATAN Food Security Initiative (AMFSI), describing the scheme as a major solution capable of tackling 90 percent of the country’s food crisis.

    Hon. Gowon, who represents Bassa/Dekina Federal Constituency in Kogi state, made this known in a keynote address at the close of the association’s three-day national programme on Friday. 

    He said the National Assembly attaches great importance to food security and is ready to support the new MATAN initiative at all levels.

    According to him, food security remains “more important than any other security,” as it promotes physical and mental health, reduces health risks, supports development, prevents malnutrition, boosts productivity, reduces poverty, and strengthens social stability and environmental resilience.

    “When food security is available, the value of the naira will increase and the dollar will naturally drop. A hungry man is an angry man. Food security will increase our security,” he said.

    Hon. Gowon added that the current security challenges on Nigerian roads are closely linked to the food crisis, stressing that improved food availability would help curb the negative forces working against the country.

    He urged the association to put all efforts into the initiative, assuring them of the National Assembly’s commitment.

    “We at the NASS will support you with legislations that will make it easy. It is a national assignment. NASS is behind you. With this initiative, our constituents’ needs can be addressed directly,” he stated.

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    Delivering the remarks of the Chairman of the House Committee on Nutrition and Food Security, Hon. J.K. Kachikwu (PhD), Senior Consultant to the committee, Mr. Chrisland Onyemechara, also reaffirmed the House’s full backing. He said the support would extend across all 774 Local Government Areas of the country.

    Onyemechara maintained that the MATAN initiative has the potential to resolve 90 percent of Nigeria’s food security challenges.

    “When we examine the key elements of food security, four areas consistently stand out: the environment, partnership, advocacy and innovation. 

    “Today’s event brings these pillars together in one forum where all stakeholders can engage constructively.

    “If properly harnessed, these coordinated efforts can address nearly 90 percent of Nigeria’s food security challenges.

    “If we strengthen our systems from the ground up, we will significantly improve national productivity and food access. Ultimately, good governance, strong institutions and effective coordination will determine how well we can address hunger and malnutrition in our country.”

    Speaking earlier Ambassador Olakunle Johnson, the Group National President of MATAN Food Bank Professionals Association of Nigeria during the group’s National Flag-off of Automated MATAN Food Security Initiative (AMFSI) in Lagos on Friday, he stressed that the initiative is set to cater for over 40 million Nigerians with direct food access.

    Johnson said that the group had spent years developing a ground-up digital food security system designed to connect every Nigerian community to an efficient food bank network.

    Adding that at the heart of the project was a new digital identity platform, Virtual Digital Identity (VDI), which would eliminate long-standing bottlenecks that had hampered food support systems in the past.

    He said that the VDI platform, alongside MATAN’s automated food security system, would ensure that individuals in every community could be digitally captured and connected to local food banks and community kitchens.

    Johnson said that the project was not another political promise but a fully developed private-sector-driven system built on digitalisation, community participation and nationwide collaboration.

    “For decades, we have heard promises about food security, but nobody has built a structure around the people themselves.

    “That is what we are doing, creating a system rooted in the heart of the people.

    “It is not about talking without action. We have the platform ready; we have tested it. We have presented it to the relevant authorities, including the Office of the President,” he said.

    Johnson said that discussions already held with local and international investors who had signaled readiness to support implementation, while government at federal, state and local levels will play supervisory and enabling roles.

    According to him, once the system becomes operational, food access will be decentralised to the smallest units across the country.

    “With a digital identity, you can wake up in the morning and see your community food bank or food kitchen in your neighbourhood. Nobody should fear hunger again,” he said.

    Johnson described the launch as the second phase of MATAN’s broader food security vision, following the successful rollout of earlier advocacy and policy engagements.

    He expressed confidence that the initiative, once fully implemented, would resolve Nigeria’s food insecurity challenges and set a model for community-driven interventions across Africa.

    According to Chief Charles Igwenagu, South East General Secretary of the group, this is highly needed because it is about bringing life to the nation.

    Also, Dr Felix Osakwe, Group National Secretary of the association, said that the initiative aligned with President Bola Tinubu’s food security agenda.

    Osakwe said that members of the House of Representatives present at the event had expressed readiness to collaborate.

    He, however, urged all Nigerians to support the initiative in order to tackle the problem of food insecurity properly.

  • Sahara Group deepens reforestation, adopts Gelegele forest reserve

    Sahara Group deepens reforestation, adopts Gelegele forest reserve

    Sahara Group has expanded its environmental sustainability agenda through a strategic partnership between its flagship Adopt-A-Forest Initiative and the Gelegele Forest Reserve in Edo State, Nigeria.

    The collaboration, which kicks off with the planting of 20,000 tree seedlings, is aimed at regenerating degraded areas of the reserve and reinforcing Sahara’s long-term commitment to nature-based climate action.

    The project launch featured engagements with the Edo State Forestry Commission and the Gelegele Forest Reserve Board, underscoring Sahara Group’s collaborative approach to restoring ecosystems, safeguarding biodiversity, and promoting sustainable livelihoods within host communities.

    Launched in 2023, the Adopt-A-Forest Initiative is one of Sahara Group’s foremost climate action programmes designed to restore degraded landscapes, conserve Africa’s natural carbon sinks, and strengthen resilience against climate change.

    By 2024, the initiative had successfully expanded across Nigeria, Cameroon, Kenya, Tanzania, Ghana, and Dubai, with further projects planned in Ghana, Côte d’Ivoire, and Kenya in 2025.

    Director, Governance and Sustainability, Sahara Group, Ejiro Gray, described the initiative as a key driver of Sahara’s vision for a greener and more sustainable future.

    “The Adopt-A-Forest Initiative is more than a tree-planting programme; it is aimed at driving environmental sustainability of our natural carbon sinks. We recognize this God-given gift as vital to managing emissions, sequestering carbon, and ensuring that Africa’s lungs continue to sustain the planet,” she said.

    Also speaking at the launch, Head of Business Support, Asharami Energy (a Sahara Group company), Babatomiwa Adesina, said the project reflects the Group’s integrated approach to sustainability.

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    “At Asharami Energy, sustainability is at the core of our business. Our support for the Adopt-A-Forest Initiative reflects our shared responsibility to regenerate the environment and protect biodiversity”, he said. “Every tree planted represents a step toward reversing decades of degradation and rebuilding hope.”

    The Chairman of Edo State Forestry Commission, Asuen Valentine, commended Sahara Group for its forward-looking intervention.

    “The best time to plant a tree was years ago; the second-best time is now. We are grateful to Sahara Group for championing the Adopt-A-Forest Initiative and commend this visionary effort that will go a long way in restoring our forests and preserving them for future generations.”

    Speaking further on the initiative, Gray reaffirmed Sahara’s resolve to continue driving climate leadership across its operations in Africa, Asia, Europe, and the Middle East.

    “This work is necessary and non-negotiable,” she added. “We must continuously strike the right balance between preserving our natural forests and biodiversity and driving sustainable development for all.”

    The Adopt-A-Forest Initiative remains a cornerstone of Sahara Group’s climate action strategy, integrating nature-based solutions, resource efficiency, and stakeholder collaboration to ensure Africa continues to “breathe” through its forests, the continent’s most vital gift to the world.

  • Rahma Mohammed recognised among global 100 most impactful leaders

    Rahma Mohammed recognised among global 100 most impactful leaders

    Hajiya Rahma Adam Mohammed, Chief Executive Officer of Amaryadotcom and Founder of HER360, has been named among Africa’s Global 100 Most Impactful Leaders by the Pan African Youth Leadership Foundation (PAYLEF).

    The recognition was conferred at the 2nd Edition of the Global 100 Awards held in Kigali, Rwanda. The award was received on her behalf by Summaya Mohammed, Chief Operating Officer of Amaryadotcom.

    The honour highlights the growing influence of the Amaryadotcom group and its women-centred initiatives , including HER360, Sahara Secrets, the Women Empowerment Network (WEN), and several other programmes focused on advancing the wellbeing, leadership and socio-economic participation of women and girls in Nigeria.

    HER360 has grown into one of the country’s most innovative platforms, integrating beauty, wellness, identity, leadership and enterprise development within a comprehensive 360-degree model. 

    The initiative also extends its mandate to young girls through the MentHERship programme, which holds annually during the United Nations International Women’s Day commemoration.

    Industry experts have described HER360 as the first initiative in Nigeria to combine beauty, psychology, wellness, leadership and cultural heritage at scale.

    Although Hajiya Rahma is the driving force behind HER360, Sahara Secrets and other Amaryadotcom brands, the organisation’s COO, Summaya Mohammed, has been instrumental in expanding the group’s reach and coordinating its nationwide impact.

    In its citation, PAYLEF commended Rahma’s contributions as “a beacon of empowerment, innovation, and cultural intelligence transforming the lives of millions of women and girls.”

    Her inclusion in the Global 100 list places HER360 and the wider Amaryadotcom ecosystem on a continental platform, further establishing the organisation as a leading driver of women’s wellness, capacity development and social advancement in Africa.

    Reacting to the recognition, Hajiya Rahma stated, “This award is not about me. It is about girls, women, and womanhood. My confidence is that as HER360 rises, so do women; and as women rise, Africa will also rise and make the world a better place.”

  • Winners emerge at NMA 2025

    Winners emerge at NMA 2025

    Winners have emerged for the 2025 Nigerian Marketing Awards (NMA). Some of the award winners include: Insight Publicis, Advertising Agency of The Year 2025; Lafarge Africa (Ecoplanet), Brand Innovation of The Year 2025; Dufil Prima, Best Use of AI in Marketing 2025; Carex -PZ Cussons, Best Rebrand of The Year; and X3M Ideas, Best Use of Social Media 2025.

     The brains behind the awards, Tony Agenmonmen, said the decision to introduce the annual award, four years ago, stemmed from the need to truly make a difference, in the nation’s marketing space, as winners emerged in different categories of this year’s edition of the award in Lagos.

    Agenmonmen, who stated this, in his welcome address, at the award presentation, added that besides recognising outstanding works in marketing, the aim of the organisers was to create a movement, a standard, a symbol of marketing excellence and credibility in order to enhance the fortunes of the industry.

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    “We decided from the very beginning that the Nigerian Marketing Awards would not just be another marketing awards, but a movement, a standard, a symbol of marketing excellence and credibility, ” he said.

    Agenmonmen added that despite being challenging, the organisers had clung to that principle of integrity, which the award had continued to apply to its competitive and honorary categories.

    He explained that the winners, from different categories of the award, were selected purely on merit, by the Award Decision Council (ADC), comprising eminent marketing professionals.

    In her remarks, the Chairperson, Award Decision Council, Iquo Ukoh, expressed the Council’s delight at the industry’s growing acceptance of the recognition event, aimed at celebrating excellence in the nation’s marketing ecosystem.