General
Standard Chartered Bank to Launch ‘Futuremakers’ in Nigeria Saturday
All is set for the unveiling of an annual fundraising event for a community investment program called ‘Futuremakers by Standard Chartered’ (Futuremakers).
The event is slated for Saturday, September 7, 2019 and Standard Chartered Bank Nigeria aims to support disadvantaged young people from low-income households, and not young people from middle-income or affluent households through the initiative.
On the launch day in Nigeria, the lender will hold an awareness walk and cycling event. It was gathered that the event also doubles as the bank’s Community Employee Volunteering Activity as part of its 20th Anniversary celebrations.
Futuremakers is the bank’s global initiative to tackle the issue of inequality and seeks to promote greater economic inclusion for young people in our communities.
The bank will achieve this by supporting disadvantaged young people from low-income households, particularly girls and young people with visual impairments, to take part in programmes focused on Education, Employability and Entrepreneurship.
Globally, Standard Chartered’s ambition is to raise $50 million (through fundraising and Bank- matching) between 2019 and 2023 to empower the next generation to learn, earn and grow. Futuremakers builds on the success of our existing community programmes such as Goal, designed to empower adolescent girls in rural communities through sports, vocational and life skills.
Speaking on the bank’s community investment activities in Nigeria, Lamin Manjang, CEO, Standard Chartered Bank Nigeria said, “Since we commenced operations in Nigeria, the bank has played a prominent role in supporting communities across the country.
“Under the Seeing is Believing project, over $1 million was raised between 2006 and 2018 to fund free corrective eye surgeries and treatments for approximately 40,000 beneficiaries across the country. 700,000 individuals Living with HIV/AIDs received support through various intervention programs and nearly 170,000 young women and girls have benefited from the Goal program.
“We are excited about the immense opportunities Futuremakers will also provide to young people in the country, helping them to become financially educated; employable and successful as entrepreneurs.
“As an international financial institution, with twenty years of experience in Nigeria, this is one of the many ways we continue to reinstate to our stakeholders and the community that our commitment to the development of the communities in Nigeria is resolute and that we are indeed truly Here for good,” Manjang said.
The implementation partners are the Youth Empowerment Foundation (YEF), who have successfully co-managed the Goal program in Nigeria since 2011 and WAVE Nigeria who help train youths to be employable and also assist with job placements.
The two-part event, consisting of cycling or an awareness walk, is set to become an annual event with participants being drawn from all walks of life including representatives of donor companies, clients, vendors, media, spouses, children, friends and relatives of staff.
General
Tinubu Confirms Killing of Abu-Bilal Al-Manuki by Nigerian, US Forces
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.
General
Nigeria Steps up AI Surveillance, Anti-Drone Systems for National Security
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.
General
Nigeria, Morocco to Seal Atlantic Gas Pipeline Deal by Q4 2026
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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