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Stanbic IBTC Pension Managers Revamps Sanitary Facilities at Nigerian Prisons

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By Dipo Olowookere

Leading Pension Fund Administrator (PFA) in Nigeria, Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings Plc, in furtherance of its commitment to corporate social investment (CSI) and environmental sustainability, has commissioned three blocks of sanitary facilities it renovated at the Nigerian Prisons Training School, Kaduna.

These facilities are expected to uplift the health and living conditions of personnel of the Nigerian Prisons Service (NPS).

The renovated sanitary facilities, which will enable its beneficiaries maintain better standard of living and sanitary condition and hopefully lead to healthier and more humane lives, was commissioned on Thursday July 13, 2017 by the Controller General of the Nigerian Prisons Service, Ahmed Ja’afaru, who was represented by the Zonal Coordinator Zone B, NPS Kaduna, Assistant Controller General, Musa Mayaki.

The PFA said the project, which is line with the Stanbic IBTC Group’s CSI focus areas, falls under the health pillar, others being education and economic empowerment. Its decision to renovate the toilet facilities is part of a business strategy to support the wellbeing of the people and communities where it operates. A celebratory mood enveloped the community following the commissioning of the project.

Ja’afaru expressed appreciation to Stanbic IBTC Pension Managers for recognizing the need to invest in a correctional facility which is not common among corporate organisations. He noted that a prison service is a full-fledged community in the security-maintenance architecture with the relevant personnel, their families and inmates, all constituting part of the larger society. He said the project would bring great relief to the personnel and trainees as the community hitherto had to make do with less than fitting sanitary facilities.

“The successful execution of this project is immensely useful to the cadets and officers as clean and satisfactory sanitary facilities means better disposal of human waste, reduced chances of disease outbreak and better living condition,” he stressed.

In his remarks, Executive Director, Investments, Stanbic IBTC Pension Managers Limited, Mr. Oladele Sotubo, said the execution of the project was in recognition of the fundamental importance of the right of every human to have access to decent sanitary facility and living condition. The PFA, he said, clearly understands the interconnection between good health and good sanitation in ensuring a healthy populace and overall wellbeing of the people.

“This project is an integral part of Stanbic IBTC Pension Managers’ corporate social investment initiatives, which is anchored on our strong belief in adding value to the communities where we operate. We understand the difficult conditions that often results from lack of access to amenities, the deplorable state even where available and we will continue to explore opportunities to provide support in this regard,” he said.

Sotubo said the model the PFA has used and that has worked for it overtime, is investing in projects it believes have the greatest impact, widest reach, and highest sustainability ratio. He identified other community development projects undertaken by Stanbic IBTC Pension Managers over the years to include the installation of water projects at NYSC Camp in Kubwa, Abuja, Police College in Kaduna and Calabar; donation of chairs to Police College, Ikeja; painting of administrative block of Kaduna Police College and the donation of crash helmets to motorcyclists in Lagos, Ado-Ekiti, Ibadan and Oshogbo, among other interventions.

Nike Bajomo, Stanbic IBTC Pension Managers Limited’s Head of Business Development, said the project complements the efforts of government to provide requisite infrastructure to benefit communities across the country. “We are more than happy to do our part in building projects and amenities that address the needs of every cadre of society, in the same way that the core of our business is to ensure comfort in retirement,” she stated.

Stanbic IBTC Pension Managers is a subsidiary of Stanbic IBTC Holdings Plc, a member of Standard Bank Group, a full service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Stanbic IBTC belongs to the Standard Bank Group, the largest African financial institution by assets and earnings. It is rooted in Africa with strategic representation in 20 countries on the African continent. Standard Bank has been in operation for 154 years and is focused on building first-class, on-the-ground financial services institutions in chosen countries in Africa; and connecting selected emerging markets to Africa by applying sector expertise, particularly in natural resources, power and infrastructure.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Lagos Commences Screening of Newborns for Sickle Cell Disease

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sickle cell disease screening Lagos

By Modupe Gbadeyanka

The Lagos State government has kicked off an initiative to ensure that every newborn is screened for Sickle Cell Disease within 48 to 72 hours after birth using a simple heel-prick test.

It was gathered that babies identified as being at risk will immediately be placed on preventive care while awaiting confirmatory testing.

The Head of the Haematology Department at the Alimosho General Hospital, Dr Olubukola Orolu, revealed that an estimated 150,000 babies are born annually with Sickle Cell Disease in Nigeria, giving the country one of the highest SCD burdens globally.

She, however, applauded the Lagos State Government and the Clinton Health Access Initiative (CHAI) for introducing the state-wide newborn screening programme, describing it as a major step towards reducing childhood deaths associated with the disease.

The commencement of this scheme coincides with the 2026 World Sickle Cell Day, themed Young Voices Rising for Sickle Cell Disease – Closing the Survival Gap: Equity in Sickle Cell Disease.

It highlights the importance of listening to the experiences and aspirations of young people living with Sickle Cell Disease.

Mrs Orolu noted that SCD warriors are increasingly breaking barriers as advocates, leaders, students and change-makers, adding that their voices have continued to reshape the narrative through advocacy for equitable, patient-centred healthcare, self-care and experience sharing.

She, therefore, called for equal access to quality healthcare, survival opportunities and dignity for everyone living with Sickle Cell Disease.

Also commenting, the chief executive of Alimosho General Hospital, Dr Akinyele Akinlade, described Sickle Cell Disease as an inherited blood disorder that is not contagious, noting that individuals living with the condition are more susceptible to infections.

He advised SCD warriors to stay well hydrated, avoid stress, and protect themselves from extreme cold or heat, as these are common triggers of sickle cell crises, adding that these preventive measures can significantly reduce the frequency and severity of crises.

One of the participants, Ms Borokini Zainab, an SCD warrior and student nurse, expressed appreciation to the organisers for the enlightenment programme.

Sharing her personal journey, she spoke about the challenges of balancing recurrent pain crises with her academic pursuits and personal life. Despite moments of frustration, she encouraged fellow warriors not to lose hope.

“Don’t let sickle cell put you down. Be encouraged from within. Don’t let your dreams be shattered because of this,” she said, adding that her personal experience with Sickle Cell Disease inspired her to pursue a career in nursing so she could support others living with the condition.

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Evon Labs Unveils Health-Tech Incubation Initiative HealthX Catalyst

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Evon Labs Isioma Udeozo HealthX Catalyst

By Aduragbemi Omiyale

A 12-week health-tech incubation programme tailored for early-stage founders in Nigeria has been introduced by an innovation and venture-building platform, Evon Labs.

This initiative, known as HealthX Catalyst, will help participants to create scalable, investable solutions for Africa’s urgent healthcare issues.

The programme is underway, with 12 selected founders nearing the final weeks of intensive incubation, ending with a Demo Day on June 24, 2026, at the UNDP innovation centre in Lagos, where the small business owners will present their solutions to an audience of investors, healthcare leaders, development organisations, and technology partners.

The initiative selects early-stage healthcare founders and immerses them in a structured 12-week development process. Throughout this period, participants receive personalised and group mentorship from seasoned professionals across the healthcare, technology, and business sectors.

They also receive structured support for startup development, including refining business models, developing value propositions, and validating markets.

Additionally, participants gain access to a network of healthcare practitioners, sector experts, and industry leaders, along with targeted investment-readiness assistance to prepare them to engage with investors and strategic partners after the programme.

The result is a cohort of founders who move through the programme not simply with a refined pitch, but with a validated business model, a stronger professional network, and a clear pathway to growth.

To accelerate the most promising solutions beyond the programme, monetary grants will be awarded to the top three founders to support product development, pilot implementation, market validation, and early-stage scaling.

It was learned that HealthX Catalyst was developed in response to a structural gap in the African health-tech ecosystem.

Across the continent, a growing number of entrepreneurs are building solutions to healthcare problems from access and diagnostics to service delivery and health data infrastructure. Yet many of these early-stage ideas fail to progress beyond concept, not for lack of vision, but for lack of structured support: mentorship, startup development frameworks, industry access, and early-stage funding pathways. HealthX Catalyst was built to provide exactly that.

“Africa does not have a shortage of healthcare innovators. What it has lacked is the infrastructure to turn its ideas into sustainable businesses. HealthX Catalyst is that infrastructure, a serious, structured programme designed to take founders from early-stage ideas to investable startups.

“What we are seeing from this first cohort is exactly what we set out to create: founders who are not just building products, but building businesses that can scale and create lasting impact,” the founder of Evon Labs, Ms Isioma Udeozo, said of the unveiling of HealthX Catalyst.

The partners of the programme are the United Nations Development Programme (UNDP), Odua Investment Company Limited (OICL), Washington University of St Louis, Missouri, Lagos State Employment Trust Fund (LSETF), and Brooks Insights.

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Binance Promises $250,000 for Ebola in DR Congo, Uganda

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Binance

By Aduragbemi Omiyale

The sum of $250,000 in humanitarian funding is to be provided by Binance to support the frontline response to the ongoing Ebola disease outbreak in the Democratic Republic of Congo (DRC) and Uganda.

The cryptocurrency exchange said the funds would be used to enable rapid response in high-risk and underserved areas, where access to healthcare infrastructure, protective resources, and timely public health information remains limited.

The money will be shared equally between the Uganda Red Cross Society and Doctors Without Borders / Médecins Sans Frontières (MSF), supporting urgent interventions in affected and high-risk communities.

Binance’s contribution will help strengthen emergency medical care and treatment, community awareness and prevention campaigns, contact tracing and containment support, and the provision of sanitation supplies and protective equipment for frontline workers.

By supporting both immediate response activities and preventative education, Binance aims to contribute to reducing transmission and strengthening community resilience.

“Communities across Africa continue to show extraordinary resilience in the face of complex challenges, but frontline responders should not have to face crises like this alone,” the co-chief executive of Binance, Mr Richard Teng, said.

“The teams working to contain the Ebola disease outbreak are delivering vital, life-saving support under incredibly difficult conditions.

“We are proud to support both the Uganda Red Cross Society and Doctors Without Borders as they work to protect vulnerable populations, strengthen local response efforts, and deliver urgent care where it is needed most,” he added.

Also commenting, the Secretary General for the Uganda Red Cross Society, Mr Robert Kwesiga, said, “Strong partnerships are essential during public health emergencies since we are not able to manage the outbreak alone.

“The support from Binance comes in so timely and handy, and will help us respond more rapidly, reach more at-risk communities, and reinforce the frontline services needed to help contain the outbreak and save lives.”

The MSF Emergency Programme Manager, Trish Newport, while speaking on the initiative, said, “The number of cases and deaths we are seeing in such a short timeframe, combined with the spread across several health zones and now across the border, is extremely concerning. In Ituri, many people already struggle to access healthcare and live with ongoing insecurity, making rapid action critical to prevent the outbreak from escalating further.”

Caused by the Bundibugyo virus, for which there is no approved vaccine or treatment, this Ebola disease outbreak has placed acute pressure on already fragile health systems in eastern DRC and the wider region.

Local authorities, international agencies, and humanitarian organisations are racing to contain it and protect affected communities.

Binance’s support is intended to reinforce these efforts at a critical moment. It reflects the company’s broader commitment to supporting communities across Africa through programmes focused on education, financial inclusion, digital skills development, and community empowerment.

In this case, Binance is extending that commitment to urgent humanitarian and public health needs by working alongside trusted organisations with deep frontline expertise.

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