General
I’m Working Day And Night To Resolve Nigeria’s Challenges—Tinubu

By Adedapo Adesanya
President Bola Tinubu has assured Nigerians that he is “working day and night” to resolve the challenges facing the country as he commemorated with Muslim faithful celebrating the Eid-el-Kabir festivities.
Mr Tinubu, in a statement he personally signed on Tuesday, upon the absence of his aides, said that the decisions taken so far by his administration would “reform our economy and remove all impediments to growth,” referring to the removal of fuel subsidy, harmonisation of the foreign exchange market, as well as the replacement of top government and military officials.
“At the moment, our country is going through some challenges, especially with our struggling economy and simmering security challenges,” the President stated.
“While I acknowledge all of these, I want to assure you that they are not insurmountable. I am working day and night with my team, fleshing out solutions. We have started with the decisions taken so far to reform our economy and remove all impediments to growth.
“As we embrace the present challenges, we must face the future with vigour and Renewed Hope with the confidence that our tomorrow shall be better and brighter.”
The President also asked Nigerians to remember the less privileged while celebrating.
The President, who practices the Islamic faith, joined fellow other Muslim faithful for the Eid prayers on Wednesday at the Obalende Eid Prayer Ground, located at Dodan Barracks in Lagos.
The President returned to his home state on Tuesday after a five-day trip to France starting June 22, 2023.
He was in Paris alongside world leaders like French President, Mr Emmanuel Macron, for the New Global Financial Pact summit held at the Palais Brongniart.
After the two-day summit, the President proceeded to London, United Kingdom, for a private visit, according to his media aide, Mr Dele Alake, said in a statement last Saturday.
In a statement upon his arrival, the President thanked Nigerians for the overwhelming reception accorded him in Lagos.
Read the President’s full statement below:
WE MUST MULTIPLY OUR GOOD DEEDS
I join Muslims in Nigeria and all over the world in observance of Eid-el-Kabir. We must thank Almighty Allah for the grace to witness another Eid.
As we immerse ourselves in the joy of this moment and celebrate, let us remember those who may not be as fortunate as us.
Coming as the end of religious activities spanning the first ten days of the Islamic Month of Dhul Hijjah, Eid-el-Kabir enjoins us as Muslims to show mercy and compassion to our fellow humans.
Eid-el-Kabir is a festival of sacrifice and total obedience to Allah as exemplified in the exceptional action of Prophet Ibrahim.
There is no greater sense of duty ever recorded in history outside the ennobling example of Prophet Ibrahim in offering his only son Ismail as a sacrifice to Allah.
The best way by which we can demonstrate this example is in how we conduct ourselves in relation to our fellow citizens and in our duties to our beloved country. We must imbibe and manifest those values inherent in Prophet Ibrahim’s life, namely; complete devotion to Allah, tolerance, patience, perseverance, selflessness, love and compassion.
This season, let us endeavour to multiply good deeds with our kindness to our fellow Muslims and others by helping and supporting the weak and vulnerable in our communities. By so doing, we showcase the values and virtues of our faith.
At the moment, our country is going through some challenges, especially with our struggling economy and simmering security challenges. While I acknowledge all of these, I want to assure you that they are not insurmountable. I am working day and night with my team, fleshing out solutions. We have started with the decisions taken so far, to reform our economy and remove all impediments to growth.
As we embrace the present challenges, we must face the future with vigour and Renewed Hope with the confidence that our tomorrow shall be better and brighter.
I wish you all a happy Sallah celebration.
Bola Tinubu
President, Federal Republic of Nigeria
June 27, 2023
General
UBA’s Abiodun Coker Wins Future Leader in Media Management Award

By Modupe Gbadeyanka
The Media and External Relations Lead of United Bank for Africa (UBA) Plc, Mr Abiodun Coker, has been crowned the Future Leader in Media Management.
He clinched this award at The Industry Summit/Awards held on Friday, May 2, 2025, in Lagos, with several persons from across all sectors in attendance.
Mr Coker’s recognition further cements his growing reputation as one of Nigeria’s most dynamic and future-ready communications leaders, with his eyes firmly set on redefining the media management landscape.
The award jury, chaired by Mr Tolulope Ogunjobi, a renowned broadcast business correspondent and Business Editor at TVC News, said Mr Coker was bestowed with the honour because of his exceptional achievements in the public relations field during the year 2024.
The team said one of them was his masterful handling of UBA’s 2024 rights issue, which successfully closed on December 24, 2024, and the impactful execution of the bank’s 75th Anniversary Campaign, both of which were described as commendable and exceptional.
According to the jury, his management of UBA’s media ecosystem during the year under review was remarkable, with several media professionals praising his public relations craftsmanship and ability to skilfully manage the image of one of Africa’s most formidable financial brands.
“Abiodun Coker’s achievements in 2024 are a beacon for greater accomplishments ahead. He is undoubtedly one of the strategic communication experts to watch in 2025,” the jury noted.
A seasoned professional, Mr Coker’s journey from an acclaimed financial journalist at BusinessDay Newspapers to a powerhouse in corporate communications has been nothing short of inspiring.
With over eight years of robust journalism experience, coupled with leadership roles at top-tier public relations firms such as BD Consult Ltd and Quadrant, he has consistently demonstrated his ability to transform and manage leading brands successfully.
Organized by The Industry Newspaper, the leading brand marketing publication in West Africa, the prestigious awards recognize outstanding professionals shaping the future of brand marketing and communications across the region.
General
FG Reassures Investors More Enabling Investment Climate

By Adedapo Adesanya
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reiterated the federal government’s commitment to fostering a more enabling investment climate, anchored on macroeconomic stability, structural reform, and a clear pathway to inclusive prosperity.
He gave this assurance at a high-level private dinner, organized by Kuramo Capital Management Lagos as part of Africa Venture Capital Week.
The Minister lauded Kuramo Capital and its partners for their steadfast belief in Africa’s promise and highlighted the alignment between private capital and Nigeria’s renewed hope reform agenda.
According to a statement, participants recognized the vital role of blended finance and innovation in driving sustainable development.
The event brought together a distinguished group of global investors, development partners, and business leaders for a candid exchange on unlocking long-term capital for Africa’s growth and transformation.
It also marks Kuramo Capital’s first formal convening in Nigeria in several years, underscoring a renewed sense of commitment to deepening its strategic footprint across the continent.
Mr Edun said with this renewed commitment, the federal government is poised to unlock new opportunities for economic growth, investment, and inclusive prosperity.
He also called for more investment into the country, assuring participants that the right mechanisms are being put in place towards driving Nigeria’s development and improving the lives of its citizens.
General
FG Moves to Fast-Track Household Cash Transfer Scheme

By Adedapo Adesanya
The federal government is fast-tracking the implementation phase of its economic and financial inclusion strategy aimed at improving access to economic opportunities for Nigerians.
This was disclosed by the Deputy Chief of Staff to the President, Mr Ibrahim Hadejia, at the inaugural meeting of the Technical Committee of the Presidential Committee on Economic and Financial Inclusion (PreCEFI).
He said that “Financial inclusion is not just about having a bank account—it means access to quality services, credit, and the visibility that digital platforms offer.”
The meeting was held at the Presidential Villa, Abuja, on Wednesday.
The federal government established an inter-agency task force to address challenges delaying President Bola Tinubu’s approved conditional cash transfers to 15 million vulnerable households.
The task force includes the National Identity Management Commission (NIMC), National Social Safety-Nets Coordinating Office, National Cash Transfer Office (NCTO), Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS).
The mandate of the taskforce goal is to unlock bottlenecks and fast-track the distribution of critical financial support to Nigeria’s most vulnerable.
The meeting also endorsed steps to work with state governments in localising data from the Enhancing Financial Innovation and Access in Nigeria (EFInA) Access to Financial Services survey – a biennial study conducted by the EFInA.
Mr Hadejia explained that the meeting brought together high-level stakeholders from government agencies, financial institutions, and academia to align on the President’s vision and execution roadmap.
“We are off to a very good start. What has led to the success of what we’ve done so far is alignment and inclusive stakeholder engagement,” he said.
On hsi part, the committee’s Secretary, Mr Nurudeen Zauro, said the meeting also approved PreCEFI’s strategic roadmap and governance structure.
Mr Zauro, who is also the Technical Advisor to the President on Financial Inclusion, said ” an inter-agency committee has been established to address delays in the disbursement of conditional cash transfers to 15 million households as mandated by President Tinubu.
“We will be presenting the report to the National Economic Council and the Nigerian Governors Forum to ensure data is domesticated and acted upon at the subnational level.”
Also, Director-General of NIMC, Mrs Abisoye Coker-Odusote, explained that digital identity plays a foundational role in achieving inclusion goals.
“The beauty of the NIN is that it bridges the financial divide. It provides access to health, education, and agricultural services and strengthens national data infrastructure,” she said.
The Director of Consumer Protection and Financial Inclusion at the CBN, Mrs Aisha Isa-Olatinwo, urged the committee to focus on implementable outcomes that serve those at the base of the pyramid.
According to her, financial inclusion is one of the eight reform pillars of the President’s agenda.
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