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Standard Bank Holds Forum for African Investors, Corporates

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Gert Vogel Africa Investors Conference

By Modupe Gbadeyanka

The parent company of Stanbic IBTC Holdings Plc, Standard Bank Group, has commenced the 10th Africa Investors Conference.

The conference, taking place virtually, started on Monday, June 22, 2020 and will run till June 26, 2020. It is hosted against the backdrop of an uncertain environment as the COVID-19 pandemic and national lockdowns remain very much to the fore.

A statement stated issued by the organisers said the event is taking place online this year in line with current world trends. It is expected to enable African corporate clients and leading policymakers to connect virtually with some of the world’s leading institutional investors.

It was stated that the virtual platform will ensure that many more African corporates, investors and policymaker fully participate in the conference.

According to the statement, the number of investors registered for the conference has increased by 78 percent and African corporate participation increased by 17 percent.

With the impact of the current crisis in mind, participants will access significant opportunities to collaborate and exchange fresh ideas, helping to drive growth on the continent.

“While the COVID-19 pandemic is a major setback for the global economy, Standard Bank Group believes Africa’s long-term prospects remain positive and the opportunities for investors and businesses to promote the development of the continent while also generating healthy returns remains,” says Gert Vogel, Chief Executive, International for Standard Bank Group.

“COVID-19 will have a fundamental impact on Africa, as for the rest of the world, making it more important than ever for Standard Bank and ICBC Standard Bank to stimulate discussions between Africa’s top companies and institutional investors to help identify opportunities and stimulate growth in and across the African continent,” adds Mr Vogel.

“Top calibre corporates from across the continent, representing a broad range of sectors, including financial services, healthcare, power, transport, mining, construction, chemicals, leisure, telecoms, food and retail, are present.

“This year we expect over 450 delegates to attend, ranging from government ministers, central bankers, investors and corporates from across numerous African countries,” he says further.

“We are excited to partner with Standard Bank on this event,” says Lillian Barnard, Managing Director, Microsoft South Africa.

“While this unprecedented time has driven increased demand for digital engagement platforms, we anticipate that this kind of experience is set to shape conferences of this nature for the future,” notes Mr Vogel.

The Africa Investors Conference was first held in 2010 and for the past nine years has been hosted at Standard Bank’s offices in London.

This year’s event, hosted in partnership with ICBC Standard Bank and Microsoft, comes ahead of the highly anticipated launch of the African Continental Free-Trade Area (AfCFTA), which will boost intra-African trade and local economies.

While the trading bloc’s implementation has been delayed due to COVID-19, its launch is expected to have a transformative impact on African economies.

Organisers said the programme will use a specially enhanced Microsoft Teams platform to host over 2,500 meetings over 5 days, doubling the number of meetings hosted in 2019.

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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Nigeria Confirms US Airstrikes On ISWAP Targets in Sokoto

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Adamawa health worker map Nigeria

By Adedapo Adesanya

Nigeria’s Ministry of Foreign Affairs has confirmed that the latest United States airstrikes on Islamic State West African Province (ISWAP) targets in northwest Nigeria were conducted at the request of the Nigerian government.

According to reports, the US struck at ISWAP targets in Jabo, Sokoto State, on Christmas night.

The ministry described the operation as a product of established counterterrorism cooperation between both countries.

In a press statement issued on Friday, the Ministry said the strikes were “undertaken following formal engagement and with the full knowledge and coordination of the Government of the Federal Republic of Nigeria.”

“The Government of Nigeria wishes to clarify that the airstrikes conducted by the United States against Islamic State elements in parts of northwest Nigeria were carried out at the request of Nigerian authorities and in line with existing bilateral security cooperation frameworks,” the statement said.

The Ministry stressed that Nigeria “remains firmly in control of all counterterrorism operations within its sovereign territory,” adding that international partners only provide support “where such assistance aligns with Nigeria’s national security objectives.”

According to the statement, the strikes form part of Nigeria’s broader strategy to “degrade terrorist capabilities, disrupt logistics networks, and protect civilian populations from violent extremist threats.”

The Foreign Ministry further emphasised that the federal government “will continue to work with trusted international partners to confront terrorism, banditry, and transnational criminal networks that threaten national and regional stability.”

Reacting to concerns around sovereignty, the Ministry said:

“At no time was Nigeria’s sovereignty compromised. All actions were conducted with due respect for Nigeria’s laws, institutions, and command structures.”

The statement also cautioned against mischaracterising Nigeria’s security challenges, noting that extremist violence “has affected communities across religious and ethnic lines and should not be framed in sectarian terms.”

Nigeria reaffirmed its commitment to a multi-layered response combining military operations, intelligence sharing, community engagement, and socio-economic interventions, adding that counterterrorism efforts remain focused on protecting lives and restoring stability.

The US Africa Command (AFRICOM) said the strikes were carried out in Sokoto State and that multiple militants were killed.

US President Donald Trump described the strikes as “powerful and deadly,” saying they were directed at Islamic State militants responsible for violent attacks on Christians in Nigeria.

The Nigerian government has clearly denied that only Christians are affected by the killings, saying the terror spread across all faiths.

Meanwhile, US Defence Secretary Pete Hegseth has warned that “more to come” as part of sustained efforts against extremist groups.

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US Strikes Terrorists in Sokoto on Trump’s Directive (VIDEO)

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donald trump 47th US President

By Aduragbemi Omiyale

The United States government gave some terrorists in Nigeria a Christmas gift that sent many of them to the great beyond.

On Thursday, December 25, 2025, the United States President, Mr Donald Trump, directed his country’s military to launch air strikes on camps of members of the dreaded Islamic State in Iraq and Syria (ISIS) in Sokoto State.

According to Mr Trump, the military action, which he threatened to carry out a few weeks ago if the Nigerian government does not stop the killing of Christians in the country, occurred on Thursday night.

“Tonight, at my direction as Commander in Chief, the United States launched a powerful and deadly strike against ISIS Terrorist Scum in Northwest Nigeria, who​ have been targeting and viciously killing, primarily, innocent Christians, at levels not seen for many years, and even Centuries!

“I have previously warned these Terrorists that if they did not stop the slaughtering of Christians, there would be hell to pay, and tonight, there was.

“The Department of War executed numerous perfect strikes, as only the United States is capable of doing.

“Under my leadership, our country will not allow radical islamic terrorism to prosper. May God bless our military, and Merry Christmas to all, including the dead terrorists, of which there will be many more if their slaughter of Christians continues,” Mr Trump wrote on his Truth Social platform.

In a video on X, formerly known as Twitter, the Department of War of the United States posted the below video of the air strikes;

https://twitter.com/DeptofWar/status/2004351717131903272

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Gbajabiamila Remains President Tinubu’s Chief of Staff—Presidency

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femi gbajabiamila Hakeem Muri-Okunola

By Modupe Gbadeyanka

The presidency has reacted to speculations that Mr Femi Gbajabiamila has been removed as the Chief of Staff to President Bola Tinubu.

It was alleged that Mr Gbajabiamila has been replaced with the President’s Principal Private Secretary, Mr Hakeem Muri-Okunola.

Mr Muri-Okunola went to Abuja to take up this role after leaving as the Head of Service of the Lagos State Civil Service.

Reacting to the reports on social media on the purported removal of Mr Gbajabiamila, a former Speaker of the House of Representatives, the presidency said no such change has been made.

In a statement signed on Thursday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, members of the public were advised to disregard the report as “there is absolutely no truth to this story.”

“The Chief of Staff remains in his position. The Principal Private Secretary likewise remains in his role. Hakeem Muri-Okunola has not replaced Femi Gbajabiamila as Chief of Staff.

“The viral claim is a fabrication by mischievous purveyors of fake news whose sole aim is to create disharmony within the government.

“We reiterate that news media should always verify their information before publishing or sharing on social media,” the statement said.

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