News
JABU Pro Chancellor Commends Aladekomo, Chams

Professor Anthony Imevbore, emeritus professor and Pro-Chancellor of Joseph Ayo Babalola University (JABU), has said Demola Aladekomo, group managing director, Chams Plc, and Chams Group still have more to contribute to Nigeria’s economic growth notwithstanding close to three decades of eminent service to the nation.
Professor Imevbore called on JABU students and the Nigerian youth at large to emulate the inspiring lives of Aladekomo and other successful Nigerian entrepreneurs who have contributed and are contributing immensely to the growth and development of the Nigerian economy.
JABU is Nigeria’s first ICT-driven entrepreneurial university which seeks to equip students with entrepreneurial skills irrespective of their basic academic pursuits, in order to make them self-sufficient, self-reliant, competent, and efficient employers of labour and adding value to our national economy.
The Pro-Chancellor made this call during the 2nd Oladele Olashore Memorial Lecture at JABU in Ikeji-Arakeji, Osun State at the weekend.
He said, “We are indeed blessed to have Mr Demola Aladekomo, a seasoned entrepreneur on the podium sharing his entrepreneurial journey and success tips with us as the keynote speaker at the 2nd Oladele Olashore Memorial Lecture. From the deep education given to us on entrepreneurship today which is in alignment with the JABU vision, there is no reason why some of you here should start writing job applications after graduation.
“You have been given all the tips, all you need to be a successful entrepreneur just like the Late Oba Oladele Olashore and Mr Aladekomo, our guest speaker. Nothing compares to learning from an individual who discusses a topic of interest from life experience. The guest speaker is a resourceful Nigerian who has contributed immensely to the national economy and still has a lot more to contribute to the growth of this country,” Professor Imevbore said.
Delivering his keynote address entitled “The Entrepreneur as a Nation Builder”, Aladekomo lauded the commitment of the vision bearers of Joseph Ayo Babalola University to equipping undergraduate students with entrepreneurial skills irrespective of their basic academic pursuits.
He said, “It is indeed delightful that Joseph Ayo Babalola University is striving to produce a new generation of youths that are self-sufficient, self-reliant, and competent. Youthful entrepreneurs drive the economy of the United States.
America’s 25.8 million small businesses employ more than 50 percent of the private workforce, generating more than half of its national gross domestic product. Nigerian youths must imbibe same culture of entrepreneurship and stop differentiating between opportunities in the formal and informal, believing the latter is for illiterates. Without an upsurge in youth enterprise, our national economy cannot attain its true potential.”
The Group Managing Director of Chams Plc added that “It is ironic that we have lots of unemployed graduates when there are lots of societal needs that are not being met in the Nigerian market.
“Could it be lack of ideas or the false belief that entrepreneurs are born and not made that keep our youths searching for elusive jobs when the export market for cassava is grossly underserved? The scenario is the same across thriving sub-sectors of the national economy with an increasingly ageing workforce in which opportunities abound for energetic youth and new ideas.
“Entrepreneurs are created through education, experience and mentorship. They were not born with entrepreneurial insight, ability and skills which make them exceptional.
“With the right skills and attitude, any Nigerian youth with ambition and ideas can go far because of the existing limitless opportunities in the market. Nigeria represents an exceptional and extremely exciting opportunity for young and smart entrepreneurs with guts.”
On his part, Professor Sola Fajana, Vice Chancellor, Joseph Ayo Babalola University said “the guest speaker, Mr Aladekomo has treated us to a life inspiring lecture which is more beneficial to the largely youthful audience in attendance. We are going home with message that wherever there is a need, there is need for enterprise; and by satisfying the need, your create value which includes employment and wealth. We are delighted to have Mr Aladekomo here to encourage our community of youths to make a difference just like the late Oba Oladele Olashore whose memory is being honoured today.”
News
ALX Broadens AI Training in Africa

Pan-African talent accelerator ALX is expanding its footprint and shifting to a fully self-paced learning model to train and integrate young Africans into the workforce, as the global economy reorganises around artificial intelligence (AI).

Partnering with the MasterCard Foundation, the technology training provider and career accelerator designed to equip African talent, says it enables learners to access tech training for $5 a month.
It emphasises a shift in demographics saying that by 2035, more young Africans will enter the workforce annually.
ALX notes that its model has graduated 347,100 learners, with 63% finding employment within six months. Women represent over half of all graduates. To increase flexibility, the organisation emphasises that learning is now entirely self-paced.
“Learners progress through modular blocks, earning credentials as they go, ensuring that the training fits around their existing responsibilities,” says Shana-Michelle Rabonda, Chief Operating Officer of ALX.
Rabonda adds that global employers are taking notice: “We are building a direct pipeline to the global digital economy. When companies look for elite tech talent, they are looking at Africa.”
Due to this demand, firms such as Absa, Stanbic Bank, MTN, and KPMG now employ between 50 and 180 ALX graduates each. Meanwhile, community entrepreneurs have created over 60,100 jobs through AI startups like Signvrse and Edulga.
With Africa’s AI market projected to grow to $16.5 billion by 2030, ALX operates alongside competitors like Moringa School and GoMyCode to secure mindshare.
“With the right skills and networks, young Africans can seize these opportunities,” Rabonda emphasises. “Africa’s youth should not just be consumers of AI; they should be creators shaping innovations that will define the global economy.”
News
Swift Network Faces Winding-up Battle over Alleged N115m Debt

A Federal High Court sitting in Lagos has ordered the advertisement of a winding-up petition filed against telecommunications service provider, Swift Network Plc, over its alleged inability to settle a debt exceeding N115 million.

The order followed an application filed by Optics and Wireless Limited through its counsel, Bimbo Adebayo-Ogunlaja, urging the court to permit the publication of the winding-up petition instituted against the company.
In the petition, Optics and Wireless Limited alleged that Swift Network Plc is indebted to it in the sum of N115,482,302.88, being the outstanding payment for network devices supplied to the telecommunications firm since April 2024.
The petitioner is also seeking the payment of N70,530,062 as accrued interest arising from a loan facility allegedly obtained to finance the transaction between both parties, as well as general damages for breach of contract.
According to court documents, the dispute arose from a series of transactions carried out between April 2024 and February 2025, during which Swift Network Plc, through its procurement officer, allegedly requested the petitioner to manufacture and supply various network devices based on purchase orders issued by the company.
The petitioner stated that payment for the supplied items was expected either immediately after delivery or within 30 days of supply, but alleged that Swift Network repeatedly failed to honour the agreement despite receiving the products.
Optics and Wireless Limited further claimed that it became apparent after the final order for servers in April 2025 that the respondent was either unwilling or unable to settle the accumulated debt.
The petitioner also informed the court that its solicitors, Messrs Zionla Legal Practitioners & Solicitors, subsequently issued a statutory notice of demand dated December 11, 2025, demanding payment of the outstanding sum and accrued interest.
According to the petitioner, all efforts to recover the debt proved unsuccessful, adding that the situation has exposed the company to serious financial challenges and possible legal action from the bank that allegedly granted it the loan facility used to execute the supply contracts.
Optics and Wireless Limited argued that Swift Network Plc is insolvent and unable to meet its financial obligations, urging the court to wind up the company in line with the provisions of the Companies and Allied Matters Act and the Winding-Up Rules.
Among the reliefs sought, the petitioner asked the court to order that Swift Network Plc be wound up by the court and that any voluntary winding-up process involving the company should continue under the supervision of the court.
Justice Lewis Allagoa subsequently adjourned the matter till July 10 for further hearing.
News
Simba Infrastructure, Galaxy Backbone Partner to Deliver Hosted Unified Communications and Call Centre Solutions Across Nigeria

Simba Infrastructure Limited, a leading provider of customer experience and communications technology, has entered into a strategic partnership with Galaxy Backbone Limited (GBB), the Federal Government of Nigeria’s ICT infrastructure and shared services provider, to deliver Hosted Unified Communications (UC) and Hosted Call Centre Solutions to organisations across both the public and private sectors.

This collaboration brings together Simba Infrastructure’s deep expertise in converged communication technologies, systems integration, and private-sector engagement with Galaxy Backbone’s trusted government relationships, world-class Tier III and Tier IV data centre infrastructure, and an extensive fibre-optic network spanning 30 states and the Federal Capital Territory.
Together, both organisations will deliver secure, scalable, and cost-effective communication solutions designed to transform how businesses and government institutions engage with customers and citizens.
Under this this partnership, Simba Infrastructure will lead business development efforts within the private sector, delivering tailored Unified Communications and Call Centre solutions aligned with the unique needs of enterprises. Galaxy Backbone, on the other hand, will drive adoption within the public sector, providing secure, locally hosted data centre services that ensure compliance, reliability, and operational efficiency.
Commenting on the partnership, Sanjay Vaswani, Director at Simba Infrastructure said: ”Simba is pleased to mark this first phase of collaboration, with a long-term vision of deploying fully localized, AI-driven technologies that enable developers to build and scale using Naira-based solutions.
“While Aminu Usman, Profit Centre Head at Simba Infrastructure tressed on the fact that partnering with Galaxy Backbone will marks a significant milestone in our mission to deliver innovative, cloud-based communication solutions to Nigerian organizations.
“By combining Galaxy Backbone’s robust infrastructure and strong public sector presence with Simba’s customer-centric approach and technological expertise, we are creating a powerful platform to drive digital transformation and business growth.”
Also speaking, the GM Strategic Partnerships & Regional Business, Galaxy Backbone Limited, Abdul-Malik Suleiman noted; “Galaxy Backbone remains committed to advancing digital inclusion, secure communication, and reliable ICT services across Nigeria. Our partnership with Simba Infrastructure strengthens our ability to deliver innovative, locally hosted Unified Communications and Call Centre solutions that will benefit both public and private sector organisations.”
This partnership underscores a shared commitment to advancing Nigeria’s digital transformation agenda by equipping organisations with the tools to enhance collaboration, streamline communication, and improve customer experience—while ensuring that critical data remains securely hosted within Nigeria.
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