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Ecobank Partners NGO to Help Vulnerable Children

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By Dipo Olowookere

Pan-African bank, Ecobank, is partnering with leading international children rights NGO Terre des Hommes to offer digital financial services to some of the most vulnerable children in Togo, those under the age of 18 who work or live on the streets.

Through the Safe Savings (SaVa) Project a number children in the street will be given a new, secure means to collect and bank their hard-earned income, improving their security situation as well as their own saving habits. The one-year pilot project is being launched during an event held at Ecobank’s headquarters, in the Togolese capital of Lomé today.

One of the greatest fears of children living and working on the streets is being robbed, particularly at night. Currently, these children use a variety of informal savings mechanisms – leaving their earnings with trusted adults, burying their money, or trying to spend it as quickly as possible. Yet none of these mechanisms are safe or reliable.

New mobile technology can provide a pathway to transform these children’s lives as they journey into adulthood. Ecobank – through its work with Terre des Hommes – is adapting its digital offerings to their needs, setting up a very simple but effective micro-savings system.

“As the leader in digital financial services in Africa, we work hard to ensure that all Africans have access to better financial services and that includes the most vulnerable members of our communities,” says Ecobank’s Group CEO Ade Ayeyemi. “Children in the streets are often subject to abuse, neglect, exploitation, and need our protection. By offering them a reliable and secure saving mechanism we hope we can help them protect their livelihoods and build a better future.”

The first stage of the pilot project, which involves 30 children, is being rolled out in Lomé, where Ecobank is headquartered. Terre des Hommes will create a “purse” where each child can deposit their daily earnings using a mobile phone provided by the organisation. They only need to set up an Ecobank Xpress account, which can be easily done through the mobile device. Terre des Homme acts as the custodian of the children as minors are not yet eligible to open accounts.  

Over the next 12 months the SaVa Project hopes to reach a minimum of 150 children. Ecobank and Terre des Homme staff will train them so they understand how to use the app correctly. The children will also be able to give feedback on how the app can be further adapted to their specific needs.

“We work closely with the children to understand the issues they face in their daily environments,” says Pierre Philippe, Director of Programmes and Technical Resources of Terre des Hommes.

“As their own agents of change, we identified potential solutions together. We expect the SaVa Project will evolve over the next months to ensure we can genuinely improve the lives of children in the streets of Lomé.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Tinubu Confirms Killing of Abu-Bilal Al-Manuki by Nigerian, US Forces

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By Modupe Gbadeyanka

President Bola Tinubu on Saturday confirmed the killing of a senior ISIS leader, Mr Abu-Bilal Al-Manuki, in an overnight operation carried out by the United States and Nigeria.

President Donald Trump had earlier announced the elimination of the notorious terrorist via a post on his Truth Social.

Later, in a statement today, Mr Tinubu praised the action, describing it as “a significant example of effective collaboration in the fight against terrorism.”

“Our determined Nigerian Armed Forces, working closely with the Armed Forces of the United States, conducted a daring joint operation that dealt a heavy blow to the ranks of the Islamic State,” he said in the statement.

According to him, early assessments confirm the elimination of the wanted IS senior leader, Abu-Bilal Al-Manuki, also known as Abu-Mainok, along with several of his lieutenants, during a strike on his compound in the Lake Chad Basin.

He commended the partnership between Nigeria and America in waging war against terrorists, thanking his US counterpart “for his leadership and unwavering support in this effort.”

“I commend the personnel involved on both sides for their professionalism and courage, and I look forward to more decisive strikes against all terrorist enclaves across the nation,” the Nigerian leader added.

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Nigeria Steps up AI Surveillance, Anti-Drone Systems for National Security

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By Adedapo Adesanya

Nigeria is set to strengthen its defence architecture by deploying artificial intelligence-powered surveillance systems and advanced anti-drone technology as part of efforts to modernise the country’s military capabilities, according to the Minister of Defence, Mr Christopher Musa.

He disclosed this during a high-level visit to Monaco, where he led a Nigerian delegation to conclude discussions on the multi-domain Hybrid Intelligence Shield (HIS) project.

According to Mr Musa, the initiative is designed to enhance border security, protect urban centres and improve the country’s response to emerging security threats.

The project is expected to introduce AI-driven surveillance systems capable of identifying threats rapidly through smart algorithms, while anti-drone technology will be deployed to intercept and neutralise unmanned aerial threats.

The government also plans to establish national and regional command-and-control centres to improve real-time coordination and response to security incidents across the country.

Mr Musa said the initiative would place strong emphasis on technology transfer and local capacity development through the establishment of a military Centre of Excellence in Nigeria.

He added that the federal government would leverage partnerships with international firms, including Marss UK Ltd, while simultaneously building indigenous capabilities to address insurgency, illegal mining, piracy and other security threats.

Nigeria has continued to battle multiple security challenges in recent years, including insurgency in the North-East, banditry and kidnappings in the North-West, farmer-herder clashes in the North-Central region, crude oil theft in the Niger Delta and piracy in the Gulf of Guinea.

Nigeria is stepping up its defence as the border region of Nigeria, Benin and Niger on the southern edge of the Sahel region is becoming a new stronghold for jihadists, as militants turn forests and pastoral networks in West Africa into bases for recruitment and international attacks.

Attacks in Nigeria have also risen, with data from the website of the Armed Conflict Location & Event Data (ACLED), a conflict-monitoring group, affirming that the number of suicide bombings in Nigeria by March already matched the annual average over the past six years.

The Nigerian military has also been dealt a blow to its military bases and senior figures targeted. In April, Brigadier-General Oseni Omoh Braimah was killed when Islamist fighters attacked a base in Borno State.

To also meet the defence goal, Nigeria is stepping up efforts to build domestic arms-manufacturing capacity.

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Nigeria, Morocco to Seal Atlantic Gas Pipeline Deal by Q4 2026

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By Adedapo Adesanya

Nigeria and Morocco are set to sign a major intergovernmental agreement later this year to push forward the long-delayed Nigeria-Morocco Gas Pipeline project, a multi-billion-dollar energy corridor expected to reshape gas trade across West Africa and Europe.

The agreement, expected to be signed in the fourth quarter of 2026 by President Bola Tinubu and King Mohammed VI of Morocco, follows the completion of preliminary technical studies for the ambitious project, according to officials from both countries.

The pipeline, also known as the African Atlantic Gas Pipeline, is projected to stretch about 6,900 kilometres along offshore and onshore routes across West Africa, making it one of the largest gas infrastructure projects on the continent.

With an estimated cost of $25 billion, the pipeline is designed to transport up to 30 billion cubic metres of gas annually once completed.

Discussions on the project gained fresh momentum during a telephone conversation between Nigeria’s Minister of Foreign Affairs, Mr Bianca Odumegwu-Ojukwu, and her Moroccan counterpart, Mr Nasser Bourita.

The project would not only strengthen energy cooperation between the two countries but also improve regional economic integration and expand Africa’s access to European energy markets.

According to Morocco’s hydrocarbons and mining agency, ONHYM, part of the gas supply will support Morocco’s domestic energy demand, while large export volumes will be directed to Europe.

The project, first proposed about a decade ago, is seen as a strategic alternative gas supply route amid rising global energy security concerns and Europe’s search for more diversified energy sources.

Beyond the pipeline, Nigeria and Morocco are also exploring broader economic partnerships, particularly in fertiliser production and distribution to support food security across Africa.

Both countries also agreed on the need to revive the Nigeria-Morocco Business Council to strengthen trade and investment relations under the African Continental Free Trade Area framework.

Analysts noted that the project could significantly boost gas monetisation opportunities for Nigeria, expand regional infrastructure development, and deepen economic ties between West African nations and Europe if successfully executed.

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