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FBNQuest Unveils SPARK Initiative to Mark CR&S Week
As part of activities to celebrate the 3rd edition of its Corporate Responsibility & Sustainability Week, which ran from 1st – 5th July, 2019, FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has launched a SPARK initiative.
SPARK represents ‘Start Performing Acts of Random Kindness’ and was created to empower people within the business communities and create a positive multiplier effect that can impact the nation.
It was learned that the initiative was put together in line with the company’s commitment to foster social impact and sustainable development in Nigeria.
During the CR & S week, employees of FBNQuest Merchant Bank were encouraged to show compassion, empathy and giving.
A visit was made to Girls Senior Secondary Grammar School Ikoyi, where members of staff of the organisation educated students about the SPARK values, which includes Compassion, Civility, Charity and Connection. The firm recognises that exposing children to such important ethics, would help them cultivate better life habits which can create ripple effects, to make the world a better place.
Employees also raised funds for the Bethesda Child Support Agency through its “Lend a Helping Hand” initiative, to empower Orphans and vulnerable children by providing them access to formal education. The group also donated relief items to Halal Children’s Home and Anawim Catholic Home located in Abuja, and Global Foundation for Orphaned Children in Port Harcourt.
To round off the CR&S week, FBNQuest Merchant Bank organised a Financial Literacy Session for Widows, which held at the International Women’s Society Secretariat.
Commenting on the CR&S Week activities, Kayode Akinkugbe, Managing Director/CEO, FBNQuest Merchant Bank said, “What drives development in most societies, is the ability for its citizens to imbibe important values such as kindness, charity, as well as social ethics.
“For us at FBNQuest Merchant Bank, our CR&S week is an opportunity for all employees to extend these values, by performing random acts of kindness which is in line with our SPARK initiative for the underserved/ underprivileged and also widows.
“We believe that by spreading kindness, we are impacting lives and becoming the change that we want to see”.
The strategic CR&S approach of FBNQuest is hinged on three key valuable pillars – Knowledge and Skills Development, Sustainable Finance and Investment as well as Environmental Sustainability and Energy Investments. Through these pillars, FBNQuest has succeeded in championing impactful educational initiatives for students in Nigeria, building financial literacy skills, supporting women empowerment programs and high-level philanthropy.
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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.
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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.
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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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