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IIF Ready for 3rd Gender Impact Investment Summit

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Impact Investors Foundation

By Modupe Gbadeyanka

All is now set for the third Gender Impact Investment Summit (GIIS) scheduled for Thursday, October 2, 2025, at the Civic Centre in Lagos.

The event is organised by the Impact Investors Foundation (IIF), Nigeria’s leading platform for unlocking impact capital.

A key highlight of the programme will be the official unveiling of the ground-breaking Gender/Gender Equity and Social Inclusion (GESI) Roadmap.

This strategic framework is designed to tackle the systemic barriers faced by businesses led by women, youth, and People with Disabilities (PWDs) in Nigeria, providing a clear path for various actors to adopt more inclusive practices.

Another key feature of the summit will be in-person and virtual deal rooms, which will provide a direct platform for investment-ready, women-led, and women-owned businesses to connect with capital providers.

This unique opportunity will facilitate crucial partnerships and foster real-world investments by connecting entrepreneurs with impact investors and fund managers.

GIIS serves as a crucial platform where stakeholders converge to address systemic barriers that limit women’s access to finance and accelerate progress toward a more inclusive and equitable investment landscape in Nigeria.

While previous summits focused on bridging the financing gap and promoting gender-inclusive investment models, this year’s summit will move beyond dialogue by introducing a comprehensive roadmap with targeted interventions for inclusive capital mobilisation.

The third annual summit, with the theme, Investing in Equity: Advancing Gender-Led Solutions for Inclusive Development, will mark a significant turning point, shifting from advocacy to tangible action.

The summit will feature panel discussions that will drive knowledge and insight sharing, breakout and networking sessions, fireside chats, and presentations from notable speakers in the financial, business, and policy sectors. Jessica Espinoza, CEO of 2X Global, a global industry body for gender lens investing will deliver the keynote address.

“This summit is about more than just talk; it’s about action. By shifting our focus from advocacy to a powerful business strategy, we’re proving that investing with a gender lens isn’t just about doing good—it’s about achieving higher returns,” the chief executive of IIF, Ms Etemore Glover, stated.

“Through GIIS, IIF is committed to establishing Nigeria as a leader in gender-inclusive investments, showing the world that economic prosperity and social impact can go hand-in-hand,” she added.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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IHS Nigeria Commissions Recreational Park in Omole Estate Phase 1

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Recreational Park in Omole Estate Phase 1

By Modupe Gbadeyanka

A new community recreational park has been commissioned by IHS Nigeria in Omole Estate Phase 1, Lagos, delivered within a four-month timeline through collaboration with the Omole Estate Executive Committee, the Lagos State Government representatives, and the Lagos State Parks and Gardens Agency (LASPARK).

The Head of Partnerships for LASPARK) Ms Temitope Okumuyide, said the project aligns with the agency’s mandate to promote healthy and safe environments across Lagos State.

“This park contributes to creating functional and enjoyable green spaces for the citizens of Lagos,” she said, thanking IHS Nigeria for helping in promoting a greener environment across the metropolis.

The chairman of Omole Phase 1 Residents Association, Ms Abimbola Osikoya, expressed gratitude for IHS Nigeria’s generous donation.

“In a city as dynamic as Lagos, spaces like this are essential. This park will serve as a place for relaxation, family bonding, healthy living, and neighborly interaction. The measure of a society is how it cares for its people, and IHS has demonstrated this through meaningful community investment,” she said.

Also, the chairman of the Titilayo Adedoyin Community Development Association, Mr Segun Fayemi, described the park as a landmark achievement, adding, “Out of the 18 sectors in this area, only mine has such a facility. I am the happiest man today.”

During the commissioning of the project, the Director of Sustainability for IHS Nigeria, Ms Titilope Oguntuga, described the project as more than infrastructure, highlighting the social and human value of shared public spaces.

“At IHS Nigeria, we believe infrastructure goes beyond connectivity and technology. It is about people and the environments in which they live, work, and thrive. Recreational and green spaces are critical to promoting well-being, inclusion, and stronger communities,” she said.

She noted that the presence of the IHS team at the event reflected the company’s dedication to the project and the host community, adding that, “The turnout today also shows our commitment and excitement to witness the commissioning of this park.”

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NISO Blames Gombe Station Disturbance for Grid Collapse

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national grid collapse Kainji

By Adedapo Adesanya

The Nigerian Independent System Operator (NISO) has attributed Tuesday’s national grid collapse to a voltage disturbance at the Gombe transmission substation.

A statement issued by the system operator, while providing updates on repair and restoration efforts, stressed that the incident did not amount to a total system collapse, contrary to reports by some media organisations.

Recall that for the second time this year, the national grid recorded a disturbance that left all distribution companies unable to serve their franchise states. It followed a similar occurrence last Friday.

NISO said electricity supply across the affected areas has since been fully restored following immediate corrective actions by its technical teams, adding that the disturbance originated from the Gombe transmission substation before spreading to other parts of the network.

“The national grid has been fully restored, and electricity supply across the affected areas has since returned to normal.”

“The incident only affected part of the national grid, therefore not a total collapse,” NISO added.

“The event was accompanied by the tripping of some transmission lines and generating units, resulting in a partial system collapse.”

The system operator said restoration efforts commenced shortly after the disturbance and were completed within hours.

NISO disclosed that the voltage disturbance quickly propagated across the transmission network, affecting multiple substations.

The disturbance impacted power infrastructure beyond Gombe before stabilisation measures were implemented.

The voltage disturbance spread to the Jebba Transmission Substation, Kainji Transmission Substation was also affected, while the Ayede Transmission Substation experienced disruptions as the disturbance propagated.

According to NISO, although corrective actions were immediately deployed to stabilise the system and restore normal grid operations, some transmission lines and generating units tripped during the incident.

Nigeria’s power grid has continued to experience recurring disturbances in recent years, raising calls for alternative and proper power infrastructure in the country.

In 2025 alone, the national grid collapsed 12 times, with the last recorded incident occurring on December 29.

Tuesday’s incident represents the second grid collapse recorded in 2026, as well as the second in five days.

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Manufacturers Kick Against NAFDAC’s Renewed Crackdown on Sachet Alcohol

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Alcoholic Drinks in Sachet

By Adedapo Adesanya

The Manufacturers Association of Nigeria (MAN) has urged the federal government to intervene and restrain the National Agency for Food and Drug Administration and Control (NAFDAC) from renewing its enforcement of the ban on alcoholic beverages packaged in sachets and small PET bottles.

The Director-General of MAN, Mr Segun Ajayi-Kadir, who made the call in a statement, stressed that NAFDAC’s action contradicted directives from the Office of the Secretary to the Government of the Federation (SGF) issued on December 15, 2025, suspending the implementation of the ban.

Mr Ajayi-Kadir said the renewed enforcement also runs contrary to a March 14, 2024, resolution of the House of Representatives, which followed a public hearing with stakeholders, restrained NAFDAC from banning sachet and PET-bottled alcoholic beverages.

According to him, the conflicting directives from government institutions have created confusion among operators in the wines and spirits sector and are disrupting legitimate businesses, stating that sachet and PET-bottled alcoholic beverages were introduced to serve adult consumers with low purchasing power.

He added that smaller portions could help curb excessive consumption rather than encourage abuse.

Mr Ajayi-Kadir noted that locally produced sachet alcohol was manufactured under hygienic conditions and duly certified by regulatory agencies, including NAFDAC, warning that an outright ban could fuel the proliferation of illicit and unregulated products that pose greater health risks.

He also dismissed claims that the products promote underage drinking, saying such assertions had been contradicted by empirical research.

“We would like to further place on record that the untested assertion of abuse by minors as the basis for the ban has been debated by credible and empirical research that was independently conducted.

“The industry, on its own, has even gone further, notwithstanding the report of the survey, to initiate a series of campaigns in respect of responsible alcohol consumption to discourage underage abuse.

“This has so far cost the operators over a billion Naira in advertisements at all levels of media outreach across the federation.

“This has been very impactful in discouraging abuse by underage persons and has deepened the access restriction landscape,” he said.

Mr Ajayi-Kadir added that the ban threatened jobs, livelihoods and government revenue, while also encouraging smuggling and importation of unregulated alternatives.

He reaffirmed the commitment of MAN to working with regulatory agencies to ensure compliance with standards, while appealing to the Federal Government to direct NAFDAC to halt actions that disrupt members’ operations.

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