President Tinubu hails the Super Eagles’ great resilience, talent of the Nigerian people

By Favour Nnabugwu

 

 

President Bola Tinubu salutes the Super Eagles of Nigeria for their tenacious performance in the final of the 2024 Africa Cup of Nations (AFCON) in Côte d’Ivoire.

President Tinubu commends the team, the coach, the crew, and the entire management team for their hard work, assiduity, and sacrifice to come this far in the tournament, acknowledging the hurdles they consistently surpassed with steadily improving performance as they pulled through to the finals.

The President urges Nigerians to be of good cheer, emphasizing that we won a great victory in the hearts of Africa and the world by our grit, rigour, and determination in the field of play.


“Let this passing event not dispirit us, but bring us together to work harder. We are a great nation bound as one by the green-white-green banner of resilience, joy, hope, duty, and untiring love. To those cherished Nigerian youths expressing their gifts in communities, drawing lines in the sand as they play football in their humble rectangles of play, you can be our heroes tomorrow, do not relent in your pursuit. My administration is here to make dreams come true,” the President says.

 

President Tinubu mourns CEO of Access Holdings Plc, Herbert Wigwe, former Group Chairman of Nigerian Exchange Group, Abimbola Ogunbanjo, others

By Favour Nnabugwu

 

 

After receiving an official confirmation of events, President Bola Tinubu receives with shock and deep distress the news of the passing of Mr. Herbert Wigwe, top banker and entrepreneur, and Mr. Abimbola Ogunbanjo, former Group Chairman of the Nigerian Exchange Group Plc, along with members of the Wigwe family.

Mr. Herbert Wigwe, was the Chief Executive Officer of Access Holdings Plc and founder of the How Foundation.

President Tinubu mourns these exceptional Nigerian business leaders and describes their passing as “an overwhelming tragedy that is shocking beyond comprehension.”

The President condoles with the Wigwe and Ogunbanjo families, the business community, and all those impacted by this harrowing incident.

President Tinubu prays for the peaceful repose of the departed and asks God Almighty to comfort the multitude of Nigerians who are grieving and the families of the deceased at this deeply agonizing moment.

Access Holdings confirms passing away of MD, Herbert Wigwe, wife, & son

By Favour Nnabugwu

 

The Board of Directors, Access Holdings Plc  has confirmed the passing of Dr. Herbert Wigwe, CFR, the Company’s founding Group Chief Executive Officer and former Group Managing Director of its flagship subsidiary, Access Bank Plc.

Dr. Wigwe died alongside his wife and son on Friday, February 9, 2024, in a helicopter accident in the United States of America.

The entire Access Family mourns the loss of Herbert, Doreen and Chizi. We extend our deep and sincere sympathies to his family and loved ones. Dr. Wigwe was a key driving force and a larger-than-life personality who brought his remarkable passion, energy, and experience to the transformation of the Access franchise since joining the Bank in 2002.

Commenting on the passage of Dr. Wigwe, Mr. Abubakar Jimoh, Chairman of Access Holdings said:

“The Access Family has suffered a major loss with the passing of Dr. Wigwe who was a great friend and fine gentleman. He had a prodigious intellect, admirable personal qualities, and vast business experience which he brought to bear on the Access Family and for which we owe him a debt of gratitude.

We remain confident that the Access Group will build further on Dr. Wigwe’s legacy of growth and operational excellence.”

Dr. Wigwe was instrumental in the growth of Access Bank, which he co-founded with his friend and business partner Aigboje Aig-Imoukhuede. He took over as Access Bank Group CEO in 2014, focusing on the Bank’s expansion in Nigeria and Africa before taking the helm at Access Holdings in 2022. Under his leadership, Access Bank drove its African strategy to become Sub Saharan Africa’s largest retail bank by customer base.

Dr. Wigwe was a member of the Access Bank UK board as well as the board of the Nigerian Business Coalition Against AIDS (NiBUCAA). He has long been an advocate for the eradication of malaria in Africa, working with the Corporate Alliance on Malaria to support this objective.

He also sat on the board of the Nigerian Mortgage Refinance Company and Friends Africa and was an honorary member of the Chartered Institute of Bankers of Nigeria and a fellow of the Institute of Chartered Accountants of Nigeria and Institute of Credit Administration.

A two-time winner of the African Banker of the Year award from the African Banker Awards, Dr. Wigwe was a passionate advocate of the United Nations Sustainable Development Goals, which form the bedrock of Access Holdings’ growth strategy.

His academic credentials include a degree in Accounting from the University of Nigeria, an MA in Banking and Finance from the University College of North Wales (now Bangor University), and an MSc in Financial Economics from the University of London. He also completed the Harvard Business School Executive Management Program.

Dr. Wigwe recently founded Wigwe University, Africa’s first ivy league institution dedicated to providing a world-class education and raising the next generation of fearless leaders.

AFCON 2023: Nigeria overpower South Africa 4-2 on penalties to reach Cup Final

By  Favour Nnabugwu 

 

 

Nigeria stepped gingerly into the Championship Match of the 34th Africa Cup of Nations after a turgid 120 minutes battle with South Africa that eventually went into a nail-biting penalty shootout in Cote d’Ivoire’s second city, Bouake on Wednesday.

The game ended 1-1 after extra time and the Super Eagles triumphed 4-2 after penalties.

It was dubbed the “Ampiano Derby’ but there was so much piggybacking on the game, and as the players stepped onto the turf of the Stade de la Paix, it was obvious that they were determined to fight a ‘war’.

Sphephelo Sithole got his leg to a through ball as the Bafana Bafana poured forward in the quarter-hour, but Nigeria goalkeeper Stanley Nwabali would never be beaten that way. Minutes later, Victor Osimhen and Ademola Lookman combined to pull something out of the chestnut, but the defenceline of Teboho Mokoena, Aubrey Mobida and Siyanda Xulu was very much on the alert.

Nwabali was again on the alert in the 28th minute to break the heart of Percy Tau, and nine minutes later, Alex Iwobi’s shot from the edge of the box was too feeble to rattle goalkeeper and captain Ronwen Williams.

In the 39th minute, Nwabali again denied Tau as the forward concocted a chip. At the other end, Osimhen failed to direct his header well when Ola Aina sped down the left and heaved the ball into the opposition box.

Osimhen again failed to direct his header properly in the 57th minute. Eight minutes later, Nigeria earned a penalty after the tireless Osimhen was upended in the box as he went on a sharp solo. William Ekong made no mistake from the spot.

In the 72nd minute, the combination of Osimhen, substitute Chukwueze and Lookman had the Bafana defence flat-footed, only for Osimhen to get too much purchase on the ball when he tried to find Lookman for the final delivery.

Evidence Magkopa got behind the Nigeria defence in the 75th minute and watched his fierce shot roll aimlessly away. For a response, Chukwueze and Aribo combined to set Lookman free in the middle, but the striker was checkmated.

With five minutes left, the Eagles broke forward in a sweeping team move. The irrepressible Lookman sped away from the middle and found Bright Osayi-Samuel on the right, and the defender’s cross screened goalkeeper Williams to allow Osimhen a simple tap-in. After ruling it a goal, Egyptian referee Amin Mohamed Omar’s attention was called to an earlier incident in the Nigerian box, and he instead awarded a penalty to South Africa, converted by Teboho Mokoena.

In extra time, Lookman watched his shot parried by Williams, who then saved a shot by Osimhen. Osimhen headed just slightly over the bar as Nigeria searched for a means to end the encounter without going into penalty shootout.

In the ensuing penalty shootout, Williams, who had saved four in the shootout against Cape Verde that saw the Bafana Bafana reach the last four, could not stop any of Nigeria’s kicks. Only Ola Aina booted his kick over the sticks. Terem Moffi, Kenneth Omeruo, Ekong and Kelechi Iheanacho all scored, while Nwabali saved two of South Africa’s kicks and was duly named Man of the Match.

In the event, Nigeria will play in the Final of the continent’s flagship football competition for the eighth time.

The Super Eagles will take on tournament surprise team and hosts Cote d’Ivoire in the Final on Sunday night at the 60,000 – capacity Stade Olympique Alassane Ouattara in Ebimpe, outside Abidjan.

President Bola Tinubu’s daughter, Mujidat Folasade Tinubu-Ojo to receive Award in Berlin on Nov. 18

By Favour Nnabugwu 

 

 

 

The eldest daughter of Nigeria‘s President Bola Ahmed Tinubu, Chief (Mrs) Mujidat Folasade Tinubu-Ojo will be honoured in the German capital city on 18 November.

Chief (Mrs) Mujidat Folasade Tinubu-Ojo, an astute business woman and indefatigable social entrepreneur, will receive an award for her tireless efforts to promote trade and investment in Nigeria at the 1st Hope Renewal Africa Awards in Berlin.

The event, christened ‘International Recognition for Outstanding Contributions to Agricultural Business Development in Nigeria’ and jointly organised by AGB Paulas, African Courier Media and German Agribusiness Alliance, aims to promote deeper trade relations between Germany and Nigeria.

L- Ambrose Okojie, CEO of ABG Paulus (left), and Chief (Mrs) Folasade Tinubu-Ojo in Abuja/Photo: ABG Paulus

 

Ambrose Okojie, CEO of AGB Paulas, a Germany-based international business facilitation company, said the awards will honour public and private actors who are playing an important role in repositioning Nigeria as an attractive destination for trade and investment, especially in agribusiness.

As the Iyaloja General of Lagos (Matron of Markets in Lagos), Dr (Mrs) Tinubu-Ojo promotes the interests of traders in Lagos State and is currently extending her influence across the country by being a chief advocate for improved ease of doing business in Nigeria,” Mr Okojie said.

“It’s gratifying to note that the Iyaloja is channelling her experience, knowledge and networks in support of her father’s administration,” Okojie added.

Passionate about putting gender equality at the heart of economic development, Chief (Mrs) Tinubu-Ojo, who is usually addressed as Iyaloja General of Nigeria, also partners with both local and international NGOs with track records of excellence in women inclusion.

Also explaining the rationale for the Awards, Femi Awoniyi, CEO of the African Courier Media, said all efforts must be made to support democratically elected governments in Africa so that they can meet the expectations of their citizens.

“Recent coups in Africa show that many governments are not delivering the dividends of democracy which provide the excuse for military intervention,” he added.

“It’s therefore important now more than ever to back democratically elected governments in their development efforts. We are therefore proud to partner AGB Paulas and German Agribusiness Alliance.”

“This Award is also a recognition of the Iyaloja’s dedicated work to women’s economic empowerment. We hope she will continue to inspire many young women in Nigeria to create a better future for generations to come”, Awoniyi commented.

Among other dignitaries who will received International Recognition for Outstanding Contributions to Agricultural Business Development in Nigeria on 18 November are HRH Anslem Eidenojie II (The Ojuromi Of Uromi Kingdom), and top officials of the Federal Ministry of Agriculture and Rural Development, consisting of Dr Ernest Afolabi Umakhihe (Permanent Secretary), Engr A. M. Adebiyi (Director, Agribusiness and Market Development), Engr Frank Satumari Kudla (Director, Rural Development), and Engr Dr Taye Samaila Tehinse (Deputy Director, Rural Development).

Other awardees who have distinguished themselves in the development of agribusiness in Germany are Mr Frank Nordmann, General Manager, Grimme Germany, and Co-Chairman, German Agribusiness Alliance, Dr Karl-Heinz Knoop, Managing Director, Riela Germany, and Dr Franz -Georg von Busse, General Representative, Poettinger Austria.

The award ceremony will cap week-long activities, including visits to German companies by the visiting Nigerian delegation.

The delegates will also attend Agritechnica, one of the most prestigious international trade fairs in agriculture, from 12 to 18 November in Hanover. The event is also an excellent opportunity for networking, exploring the latest advancements in agriculture, and fostering collaboration between Nigerian companies and their international counterparts.

“We are convinced that collaborative partnership is the best way to deepen German-Nigerian business relations,” Okojie said.

Fountain of Life Church Family G.O, Pastor Taiwo Odukoya dies in US

By Favour Nnabugwu

 

The Fountain of Life Church Family headquarters in Lagos has announced the death of their founding pastor, Taiwo Odukoya (67).

The church disclosed this via its official Facebook page on Tuesday, adding he passed on in the United States.

“The Fountain of Life Church Family, in total submission to the will of God almighty, announces the passing unto greater glory of our father, teacher, a great servant of the most high God, pastor Daniel Taiwo Odukoya, Founding Pastor of The Fountain of Life Church, who passed unto glory on the 7th of August 2023 in the USA.

“We are in total submission to you LORD!!! We thank the Lord for the gift of a greater leader!!!” the church wrote while not providing details of the cause of his details.

Recall that in November, 2021, his wife, Pastor Nomthi Odukoya, died after battling with cancer.

Africa’s population hit 1.5 bn, now 17.89% of world population

By Favour Nnabugwu
Africa’s current population is said to be at 1,463,378,937 as of August 1, 2023 with the continent population put at 17.89 percent of the total world population, according to the most recent United Nations projections
While the largest population growth between 2022 to 2050 is projected to come from the countries of sub-Saharan Africa, there are countries on the continent that currently have a substantial population.
More than half of the world’s predicted population expansion between now and 2050 will come from just eight nations, five of which are African: the Democratic Republic of the Congo, Egypt, Ethiopia,  Nigeria and Tanzania  while the three other are Pakistan, the Philippines, and India.
The world population is expected to reach 8.5 billion people by 2030, 9.7 billion by 2050, and 10.4 billion by 2080, where it will stay until 2100, according to the United Nations’ 2022 World Population Prospects report.
With over 140 million infants born each year, the world’s population is still growing, the pace of population growth has been gradually slowing for decades, even though the world’s population is projected to keep growing until around 2100.
For the first time since 1950, the pace of population growth on the planet dipped below 1 percent in 2020. The population growth rate maintains a downward trend that started in the 1970s when it was calculated in five-year intervals.
Africa currently stands as the fastest-growing economy in the world, boasting the youngest population of any region. As a result, the population growth prediction stated above juxtaposes numerous economic benefits with problems associated with poor management of population growth.
Africa’s status as a developing continent presents the opportunity to tap into its rapidly expanding population or stand the risk of running into massive socio-economic challenges.
40% of women in MSMEs – NBS

By Favour Nnabugwu

 

 

The National Bureau of Statistics (NBS) has unveiled a major milestone for women in Nigeria’s business landscape says 40% of women are into Micro, Small, and Medium Enterprises (MSMEs)

According to the report titled “Country Data Overview,” women now own a remarkable 40% of Micro, Small, and Medium Enterprises (MSMEs) nationwide, signifying a resounding triumph for gender equality and women empowerment in Nigeria’s business landscape.

The NBS findings highlight the momentous impact of women-owned MSMEs on the country’s economic growth and job creation. According to the report, these businesses, led by visionary women entrepreneurs, are emerging as pivotal drivers of Nigeria’s economic resurgence, contributing significantly to the nation’s development across diverse sectors.

From bustling urban hubs to remote rural
communities,

Further insights from the report revealed that Nigerian women are breaking barriers and redefining traditional gender roles in entrepreneurship. It noted that their unwavering determination and entrepreneurial acumen are reshaping the face of business ownership, inspiring a new generation of aspiring women leaders to take charge of their destinies.

The report also underscores the challenges faced by women entrepreneurs, particularly in accessing finance, technology, and business support. NBS urged industry stakeholders, policymakers, and financial institutions to unite to create an enabling environment fostering women’s entrepreneurship.

“Targeted support, access to capital, and mentorship programs can propel these trailblazing women to even greater heights of success,” the report noted.

This remarkable surge in women’s entrepreneurship is not merely a statistical triumph but an affirmation of the transformative potential of gender inclusivity in Nigeria’s economic growth. “As the nation strives for sustainable development goals, empowering women-owned businesses will play a pivotal role in shaping a more vibrant and equitable society,” the report added.

Tower Saghana’s son, Best Saghana Weds Deborah Adesoga in Lagos

Wedding ceremony of the first son of Tower and Celestina Saghana, Best Okesebulogue Saghana in Lagos on April 29, 3023

CAPTIONS

Best Saghana, his mother, Celestina Saghana and Deborah Temitooe Saghana after the wedding yesterday

The New groom and bride, Best Saghana and Beborah Adesoga now Saghana

Best Saghana and wife, Deborah Temitooe Saghana (Nee Adesoga

Mother of the groom, Celestina Saghana, the groom, Best Saghana and standing in as the father of the groom, Mr Monday Okoh

 

Father of the bride, Mr Mudashiru Oseni and mother of bride, Mrs Abosede Adesoga

Father of the bride, Mr Mudashiru Oseni, groom, Best Saghana and mother of the bride, Abosede Adesoga

Mr & Mrs Best and Deborah Saghana

L- Mrs Abosede Adesoga, mother of the bride and mother of the groom, Mrs Celestina Saghana

Kelvin Egerue lays mother to rest in Imo

The Mother of Kelvin Egerue, Managing Editor of Champion Newspaper, died on January 8, 2023 and was buried on April 12, 2023 in Ehime Mbano LGA of Imo State

CAPTION

L– Kelvin Egerue, Managing Editor, Champion Newspapers, his senior brother Godwin Egerue and wife Mrs Rosaline Egerue listening to advise from Very Rev Fr Patrick Iwuchukwu Egerue shortly after the burial of late Mrs Anne Chinyere Egerue which held on April 12, 2023.