General
Five Join Standard Chartered Women in Technology Incubator Programme
By Aduragbemi Omiyale
The prestigious Standard Chartered Women in Technology Incubator Programme (SC-WITI) in Nigeria has taken in five women who will get a $10,000 grant each, with business development advisory, mentorship opportunities and strategic business public relations.
The beneficiaries are Oluwadamilola Soyombo, founder of Skooqs; Bolarinwa Kemisola, founder of Nextwear Technology; Adegbite Adenike, founder of The Trillionbucks Company; Zita Agwunobi, founder/CEO of Iverify; and Wunmi Akinsola, founder of Fashtracker.
They emerged winners of the third edition of the scheme at a graduation ceremony held in Lagos recently.
Like the last two editions, the 10 young businesswomen in this cohort were shortlisted from over 1,000 applicants and went through a rigorous 16-week executive bootcamp during which they also interacted with business development coaches and executives from Standard Chartered.
At the end of the training period, five winners with the most compelling ideas were chosen. They will also receive portfolio advisory support for 10 weeks. They would be exposed to potential investors and join the global SCWIT alumni network to have access to additional networking events, resources, content, and business scaling opportunities.
“Today, we congratulate and celebrate these exceptional women who have gone above and beyond to prioritise the growth, sustainability and community impact of their businesses.
“As part of our Bold Stands, to Lift Participation initiatives like the Women in Tech incubator gives us the opportunity to unleash the full potential of female entrepreneurs who in turn are able to improve the lives of people around the world especially Nigeria.
“We continue to stand up for equitable access to financial support for women and small business. We are committed to accelerating the provision of quality financial services to women in Nigeria, purposefully connecting SMEs to international markets and building partnerships to expand the reach and scale of financial services.
“These are just some of the ways we continue to reiterate to our communities and customers that we are Here for good,” the Country CEO, Lamin Manjang said.
Also speaking, the Head of Corporate Affairs, Brand and Marketing, Dayo Aderugbo, stated that, “We are optimistic about the impact this programme will have on their businesses.
“Through the Women in Technology Incubator program, the bank focuses on capacity building for women-owned small enterprises, under our Futuremakers by SC Community Investment initiative, which we believe serves as a great opportunity to support greater diversity in gender representation within technology entrepreneurship for women in Nigeria.
“The resources the beneficiaries have received from the sessions are theirs for life and will certainly support the resilience of their businesses while creating employment for more women and youths in the country.
“We are excited about the endless growth opportunities and the ripple effect this growth will have on the economy. This initiative builds on the bank’s track record of increasing women’s access to entrepreneurial finance, employability and supporting adolescent girls and women through financing and capacity building.”
Launched in Nigeria in June 2019, the SC Women in Tech Incubator (SCWITI) was established to support and promote the economic and social development of women engaging in a technology-led enterprise.
Implemented for the bank by the Enterprise Development Centre (EDC), Pan-Atlantic University (PAU), the programme targets female-owned technology-driven businesses, including start-ups, and provides the shortlisted candidates with training, mentorship and knowledge exchange sessions with industry experts and thriving businesses in the country. To date, nearly half a million dollars has been invested in the program in Nigeria.
General
Nigerian Bottling Company Bridges Education, Employability Gap
By Modupe Gbadeyanka
The Nigerian Bottling Company (NBC) has reaffirmed its determination to bridge the gap between education and employability in the country by sustaining its flagship Youth Empowered (YE) programme.
This initiative provides hands-on learning, real-world insights, and access to career-shaping opportunities to young Nigerians.
The 2026 edition of the scheme commenced on February 2 at the University of Lagos (UNILAG), with participants mainly young people between the ages of 16 and 35.
A statement from the organisation said this year’s rollout will expand to more tertiary institutions, including the Federal University of Technology, Akure (FUTA). This follows a successful 2025 tour that reached seven cities across the country, including Makurdi, Jos, Benin, Kaduna, Asaba, Akure, and Port Harcourt.
Participants in the 2026 programme will receive training across key modules designed to support personal, professional, and business growth, including Business Life Skills, Adaptability and Resilience, Financial Literacy, Customer Service and Communication, Sales and Negotiation Skills, and Workplace Ethics.
The sessions will also feature breakout workshops on Business Planning, Project Management, and Time Management, alongside the Director’s Grant Pitch Competition, where participants can pitch their ideas for a chance to win business funding.
In addition to skills development, NBC’s People and Culture team will be present throughout the programme to identify outstanding talent for future opportunities within the organisation, further strengthening the connection between learning, employment, and long-term career growth.
One of the participants at the UNILAG training, Waliat Adedogun, who received a cash grant through the Director’s Grant Pitch Competition to support her small business, said: “Youth Empowered gave me more than training; it gave me clarity and confidence. Winning the grant means I can finally take my business idea from a dream into something real. I now feel prepared to build, grow, and create opportunities not just for myself, but for others too.”
Since its launch in 2017, the scheme has impacted more than 70,000 young Nigerians, equipping participants with practical skills, confidence, and exposure needed to succeed in today’s dynamic workplace and entrepreneurial landscape.
This year’s programme is being delivered in collaboration with Fate Foundation as the implementing partner, with funding support from The Coca-Cola HBC Foundation.
Last year, 10 beneficiaries were selected for six-month paid internships across NBC locations in Lagos, Ibadan, Asejire, and Challawa, gaining direct industry exposure.
Additionally, three outstanding participants received sponsorship for an all-expenses-paid intensive culinary training programme and were awarded N1 million each to support the launch of their businesses.
General
INEC Fixes February 20 for 2027 Presidential, NASS Elections
By Modupe Gbadeyanka
The 2027 presidential and National Assembly elections will take place on Saturday, February 20, the Independent National Electoral Commission (INEC) has revealed.
In a notice for the 2027 general polls issued on Friday, the electoral umpire also disclosed that the governorship and state assembly elections for next year would be on Saturday, March 6.
Speaking at a news briefing in Abuja today, the chairman of INEC, Mr Joash Amupitan, expressed the readiness of the commission to conduct the polls next year, which is 12 months away.
The timetable issued by the organisation for the polls comes when the federal parliament has yet to transmit the amended electoral bill to President Bola Tinubu for assent.
This week, the Senate passed the electoral bill, reducing the notice of elections from 360 days to 180 days, while the transmission of results was mandated with a proviso.
Recall that on February 4, INEC said it was ready to go ahead with preparations for the elections despite the delay in the passage of the amended electoral law of 2022.
General
NGIC Pipeline Network to Experience 4-Day Gas Supply Shortage
By Modupe Gbadeyanka
The pipeline network of the NNPC Gas Infrastructure Company Limited (NGIC) will witness a temporary reduction in gas supply for four days.
This information was revealed by the Chief Corporate Communications Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr Andy Odeh, in a statement on Thursday night.
A key supplier of gas into the NGIC pipeline network is Seplat Energy Plc, a joint venture partner of the state-owned oil agency.
It was disclosed that the facility would undergo routine maintenance from Thursday. February 12 to Sunday, February 15, 2026.
The NNPC stated that, “This planned activity forms part of standard industry safety and asset integrity protocols designed to ensure the continued reliability, efficiency, and safe operation of critical gas infrastructure.”
“Periodic maintenance of this nature is essential to sustain optimal system performance, strengthen operational resilience, and minimise the risk of unplanned outages,” it added.
“During the four-day maintenance period, there will be a temporary reduction in gas supply into the NGIC pipeline network. As a result, some power generation companies reliant on this supply may experience reduced gas availability, which could modestly impact electricity generation levels within the timeframe.
“NNPC Ltd and Seplat Energy are working closely to ensure that the maintenance is executed safely and completed as scheduled. In parallel, NNPC Gas Marketing Limited (NGML) is engaging alternative gas suppliers to mitigate anticipated supply gaps and maintain stability across the network,” the statement further said.
“Upon completion of the maintenance exercise, full gas supply into the NGIC system is expected to resume promptly, enabling affected power generation companies to return to normal operations,” it concluded.
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