General News
HarvestPlus, Dominican Centre Partner on Empowerment of Agripreneurs

At a recent empowerment seminar organized by the Dominican Centre for Human Resources Development (DCHRD) to train potential investors in agricultural business, stakeholders came to a conclusion that agriculture remains the bastion of Nigeria’s economy.
Agriculture currently contributes 47 percent to the rebased gross domestic product (GDP) and employs close to 70 percent of our total population.
It accounts for 10 percent of our export earnings. Nigeria’s foreign direct investment (FDI) stands at $6.1 billion and her GDP keeps growing at 7.7 percent, thus making the country one of the fastest growing economies in the world.
One of the key messages to the over 150 enthusiastic participants at the seminar was that Nigeria’s future rests squarely on agriculture and those who undertake to invest in it.
The speakers dissected the agricultural sector and proffered solutions.
HarvestPlus Nigeria, in line with its objectives of promoting biofortified staple crops and foods to tackle hidden hunger, malnutrition and poverty as well as empowerment of Nigerians with requisite skills in Vitamin A cassava production, value addition and marketing, partnered the Dominican Centre to organize the three-day empowerment seminar/training for members of the church.
A statement by Abayomi Awelewa, communication officer, HarvestPlus Nigeria, disclosed that the seminar held at St Dominic Catholic Church, Yaba, between Friday, and Sunday, January 16 – 18, 2015, DCHRD, the arm of St Dominic Catholic Church responsible for grooming investors in Agricultural business, tagged the three-day session as ‘Wealth creation through agriculture.’
Declaring the seminar/training open, Fr. Fortunatus Okeke, director, DCHRD, welcomed the participants to a new era in the history of Nigeria and urged them to utilize the opportunities presented by the training to empower themselves economically.
“The seminar is conceived to make a statement that despite the fact that Lagos doesn’t have much land space for agriculture, the state can become a hub for other opportunities in the agricultural value chain. Some of these opportunities include: job creation, poverty reduction, capacity building, and helping individual and corporations in creating profitable and successful businesses.”
Okeke further said that agriculture remains one of the most viable alternatives to oil and agricultural investors are the ones Government looks up to in helping to solve the problems of hunger, unemployment and dwindling fortune of the economy.
He urged the participants to learn from the practical experiences of the professionals from HarvestPlus Nigeria, International Institute of Tropical Agriculture (IITA), The Dominican Centre, and the special guest of honour, Chief Audu Ogbeh, CEO, Efugo Farms, Makurdi, among others, who were at the training to inspire the investors.
Delivering the keynote address, Paul Ilona, HarvestPlus country manager, described agriculture as an orphan sector because of years of neglect by relevant stakeholders. “Nigeria used to be the powerhouse of agriculture in the world; one of the biggest exporters of palm oil, groundnut and cocoa, among other crops. Agriculture benefitted most institutions in Nigeria and created jobs. But the story is no longer the same. The country has gradually become a net food importer,” Ilona said.
He lauded ongoing effort by Government, institutions and individuals to revive the sector and urged a sustainable programme of action to ensure a speedy recovery of our lost years of agricultural glory.
“Food has no substitute because man just has to eat; and agriculture is the only means through which food is produced. The advanced countries like the United States of America, the Netherland, Australia, etc, began their journey to economic greatness with agriculture. In our country where the per capita income is a little above one dollar and over 100 million Nigerians live below a dollar per day, we have no choice but to turn towards agriculture as the only way out of poverty and economic doom,” Ilona further said.
HarvestPlus country manager also advised the participants to cease seeing agriculture as a social set up but to regard it as a business and run it applying all known business principles so as to sustain their profit and remain in business for long.
He encouraged them to educate themselves in agricultural business and identify the appropriate agricultural value chain they would like to invest in before making the decision to become farmers.
In his lecture entitled “Making agriculture a realistic enterprise in Nigeria,” Chief Audu Ogbeh, said agriculture, as a business, must be protected against foreign competition. Crops like cassava, tomatoes, rice, cotton, maize, and cocoa as well as fish have been identified by the government as those for which local and global demands keep increasing. Investing in growing these agricultural produce will go a long way to enhance the country’s economy and empower the farmers to eradicate poverty and eliminate hunger.
To achieve good and sustainable result, Ogbeh opined, Nigerian farmers need Government’s help through sound economic policies and technical support.
“This will enable them to compete with their counterparts in other parts of the world and earn good profit from their investment. Our Government must be firm in their policy and decision making and must ensure that whatever we can produce, we do not import, Ogbeh said.
He lauded the participants for choosing to invest in agriculture, urging them to see one another as members of the same community with similar interests.
He promised to continue to collaborate with the Dominican Centre and relevant stakeholders to ensure that the farmers’ dreams of successful agricultural businesses become a reality.
The training segment of the empowerment seminar focused on three key agricultural enterprises, which are: fingerling production, plantain/banana multiplication, and use of agro-chemicals in modern agriculture.
Other topics addressed by experts during the three days include: “Wealth creation through Agriculture,” “Best bet practices in cassava value chain,” “Strategic investments in the agricultural sector in Nigeria,” “Funding the SME: Hope for investors,” “Wealth creation through the cassava value chain,” “Youth empowerment through agriculture: Viable option for economic development,” “Economic politics of western Europe: Implications on Nigeria’s economy,” ”Leveraging on digital marketing in agro-business,” “Proper record-keeping, financial discipline and auditing in SME,” among others.
The seminar concluded by creating a new farmer’s cooperatives which, the organizers believe, will operate a shareholding system like public liability companies (PLCs) to guarantee success. The participants were further broken into syndicate groups for effective coordination.
“Unlike similar training seminars across Nigeria, the Dominican Centre and its strategic partners like the HarvestPlus, IITA, Chief Audu Ogbeh, etc, are being pro-active in the drive to ensure a sustainable economic development driven by agriculture. We are committed to the process and we’ll organize more of this seminar in various parts of the country beginning from this year,” Fr. Okeke said.
Exhibition of various farm produce and Vitamin A cassava food products was held within the premises of St Dominic Catholic Church, Yaba, throughout the duration of the empowerment seminar.
HarvestPlus leads a global effort to improve nutrition and public health by developing and deploying staple food crops that are rich in vitamins and minerals.
It works with diverse partners in more than 40 countries. HarvestPlus is part of the CGIAR Research Program on Agriculture for Nutrition and Health (A4NH).
CGIAR is a global agriculture research partnership for a food secure future. Its science is carried out by its 15 research centers in collaboration with hundreds of partner organizations.
The HarvestPlus program is coordinated by two of these centers, the International Center for Tropical Agriculture (CIAT) and the International Food Policy Research Institute (IFPRI).
General News
MTN Graduates 20 Fellows, Expands Media Innovation Programme

MTN Nigeria, in partnership with Pan-Atlantic University (PAU), marked a significant milestone in advancing Africa’s media landscape with the graduation of 20 Fellows from the MTN Media Innovation Programme (MIP) Cohort 4 held at the Lagos Business School.

MTN
The ceremony celebrated excellence, resilience and forward-thinking storytelling, while also announcing the programme’s expansion into a Pan-African edition beginning next year.
The six-month programme, known for its rigorous coursework, demanding schedule and strong emphasis on critical thinking, included an international study visit to South Africa that broadened participants’ understanding of media innovation across the continent.
The graduation event acknowledged the Fellows’ commitment to completing the intensive journey while strengthening their capacity to influence the future of African media.
Dr. Ikechukwu Obiaya, Dean of the School of Media and Communications, PAU, commended the Fellows for their persistence throughout the programme. “In some moments, it was pretty grueling for some of you, but you made it. You are here, and I congratulate you,” he said.
“He encouraged them to see the graduation as a new beginning, adding, “We have so much to do, and each one of us is best positioned now to make that transformation.”
Tobe Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria, congratulated the cohort on successfully completing the six-month programme and reaffirmed MTN’s long-term vision for the initiative.
He said, “Congratulations on completing this journey. You are joining a network of professionals who are committed to elevating the media landscape in Nigeria and beyond.
“The future of this programme depends on your impact. This cohort represents the outcome we envisioned when the journey began. Today, the programme is not only thriving but also expanding.”
He further announced that the Pan-African edition of the programme will be launched in 2026, providing media professionals across the continent with the same level of immersive training and unique exposure experienced by the Fellows.
A key highlight of the event was MTN Nigeria’s presentation of ₦2.5 million in cash prizes to Fellows whose projects demonstrated exceptional innovation, depth of research and alignment with the programme’s ethos of impactful storytelling. The awards were presented by Chineze Gbenga-Oluwatoye, General Manager, Corporate Affairs, MTN Nigeria, and Odunayo Sanya, Executive Director, MTN Foundation.
Vanessa Ukamaka Richard Bassey, Head of Programmes, Sparkling 92.3 FM, Calabar, emerged as the top winner, receiving ₦1 million for the MTN Foundation Chairman Award for Innovative Reportage and another ₦1 million for the MTN Chairman’s Prize for Innovation. Sharing her experience, she said, “It’s been a training ground. It has opened me up to new things and made me more confident. There’s something about knowledge and information and exposure to your mind and to your esteem. After today, I know there’s nothing to be afraid of.”
Abolaji Adebayo received ₦500,000 for the MIP Cohort 4 Best Report, recognised for its clarity, depth and relevance to national discourse.
Several Fellows shared how the programme has reshaped their careers. Adekeye Ayobami of Abamimigo FM described the programme as arriving at the perfect moment, aligning with his recent career elevation.
Ubani Amarachi of Channels TV highlighted the value of the South Africa trip, noting that it transformed her approach to telling African stories and reinforced her belief that graduation marks the beginning of greater responsibility and impact.
The graduation of the MIP Cohort 4 Fellows, coupled with the announcement of the Pan-African edition, reinforces MTN Nigeria’s long-standing commitment to strengthening the media ecosystem through education, exposure and innovation.
The partnership between MTN Nigeria and Pan-Atlantic University continues to serve as a catalyst for developing media professionals equipped to shape narratives, advance societal progress and drive meaningful change across Africa.
General News
FirstCap Acts as Joint Issuing House on Veritasi Homes & Properties Plc’s ₦30 Billion Bond Programme

FirstCap Limited, a premier investment banking business and a wholly owned subsidiary of FirstHoldCo Plc, acted as Joint Issuing House and Placing Agent on the Veritasi Homes & Properties Plc’s Series 1 Bond of ₦10 billion under its ₦30 billion Bond Programme duly registered with the Securities and Exchange Commission (SEC).

The Bond Programme is designed to support the development of Project Oyster Towers, located within Eko Atlantic City. Proceeds from the Series 1 Bond issuance are expected to be applied towards the construction of 30 luxury residential units, forming part of an 82-unit residential development comprising one-bedroom, two-bedroom, and three-bedroom apartments.
Veritasi Homes & Properties Plc is an indigenous real estate development company with operations across Lagos State and the Federal Capital Territory, Abuja, and a growing track record in the delivery of residential real estate projects in Nigeria.
Commenting on the transaction, Ukandu E. Ukandu, Managing Director/Chief Executive Officer of FirstCap Limited, stated:
“We are proud to partner with Veritasi Homes & Properties Plc on this important transaction. The establishment of the ₦30 billion Bond Programme reflects our commitment to mobilising capital for the real estate sector, which remains a key driver of Nigeria’s economic growth. Project Oyster Towers exemplifies the future of luxury and sustainable living in Nigeria, and this transaction reinforces FirstCap’s role as a trusted advisor in major corporate finance initiatives.”
FirstCap’s involvement in the Bond Programme further reinforces our dedication to supporting the growth of the Nigeria’s real estate sector. The successful execution of this transaction highlights the depth of expertise within our capital markets team and our role in supporting issuers in accessing long-term funding solutions aligned with their strategic objectives.
By continuing to connect capital providers with high-impact infrastructure projects such as Project Oyster Towers, we remain committed to driving economic development and delivering long-term value for all stakeholders, Ukandu added.
General News
NITDA DG Calls for Innovation-Led Economic Rebirth @ Kano Startup Weekend

Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has called for a fundamental shift in Kano State’s economic strategy, urging stakeholders to embrace innovation, technology and collaboration as the drivers of growth in the 21st century.

Speaking at the Kano Startup Weekend, Inuwa acknowledge Kano’s long-standing reputation as the commercial nerve centre of Northern Nigeria and the wider Sahelian region, noting that its history of trade, enterprise and human capital provides a solid foundation for future growth.
He emphasised that while these strengths powered Kano’s success for centuries, the modern economy now offers even greater opportunities through innovation and technology.
He described innovation as the process of transforming ideas into impactful solutions through commercialization, stressing that when ideas are effectively deployed, they create value, solve societal challenges and generate sustainable economic growth. He noted that Kano’s large market, strategic location and vibrant entrepreneurial culture place it in a strong position to take advantage of innovation-driven opportunities.
According to him, “Innovation is the process of taking an idea from inception to impact. Invention on its own is a cost centre, but when you commercialise an idea, when you turn it into a product or service that solves a real problem and creates value, that is when you begin to drive economic growth and inclusion.”
He noted that the state hosts numerous degree-awarding institutions across federal, state and private ownership, providing a strong base for human capital development. However, he expressed concern that these institutions often operate in isolation from industry, with research outputs rarely translating into commercial or industrial applications.
He explained that innovation does not happen in silos and stressed the need for a strong, interconnected ecosystem that brings together academia, industry, startups, entrepreneurs and government.
According to him, universities should conduct research informed by industry needs, industries should leverage research to improve productivity and competitiveness, and startups should serve as the bridge that converts ideas into market-ready solutions.
He further encouraged entrepreneurs to leverage technology to build businesses that can grow beyond local markets, explaining that innovation-driven enterprises have the power to scale rapidly, create jobs and position Kano competitively at both national and global levels. According to him, digital platforms and emerging technologies now make it easier for startups to reach wider markets and develop solutions that were previously unimaginable.
“You can start your business here in Kano, but your thinking must be global from day one. Technology has removed barriers. With the right skills and platforms, a startup in Kano can build solutions that serve not just Nigeria, but the world,” he noted.
Highlighting NITDA’s ongoing interventions, the Director General outlined the Agency’s commitment to building national innovation capacity through targeted human capital development programmes. He cited the Digital Literacy for All (DL4ALL) initiative, which aims to equip Nigerians across all segments of society with essential digital skills, and the 3 Million Technical Talents (3MTT) programme, designed to produce a pipeline of globally competitive technical professionals in areas such as software development, data analysis and emerging technologies.
He said, “Through DL4ALL, we are ensuring that Nigerians at all levels have the basic digital skills needed to participate in the digital economy, while 3MTT is deliberately building a pipeline of globally competitive technical talents who can drive innovation, create jobs and attract investment.”
He explained that these programmes are key pillars of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises skills development, innovation, job creation and inclusive economic growth as pathways to national prosperity. According to him, empowering Nigerians with digital and technical skills is essential for building a resilient economy capable of competing in the global digital landscape.
“President Tinubu’s Renewed Hope Agenda is about investing in people, empowering them with relevant skills and creating opportunities for inclusive growth. At NITDA, we are using digital skills and innovation as tools to translate that vision into real economic impact for Nigerians,” he said.
Inuwa urged all stakeholders in Kano to work together to build a functional innovation ecosystem that can unlock the state’s vast potential. He expressed confidence that with the right mindset, strong collaboration and sustained investment in digital skills and innovation, Kano can reclaim its historic leadership role and emerge as a major innovation and entrepreneurship hub in Nigeria and beyond.
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