News
Swedish Institute Nominates CFA, Osibona & Others as Part of the 2019 Innovation Ecosystem Programme

In a quest to discover ways of solving more problems across the globe, the Swedish Institute created the Innovation Ecosystem Programme as a platform for knowledge exchange and problem solving, between innovation field experts within the private sector, public sector and academia, with the help of Swedish expertise and experience.
The list of the 2019 participants, includes Chukwuemeka Fred Agbata Jnr. “CFA’, Co-Founder of GoDo Hub, Director, Innovation Support Network Hubs and Director, Founder Institute Lagos. CFA, has strongly been at the forefront of technology development and innovation adoption in Nigeria, for over a decade now, through the presentation of a weekly show on Channels Television and a column in the Punch Newspapers.
Other participants from Nigeria include Lanre Osibona, Senior Special Adviser to the President on ICT; Kenechukwu Osakwe, Members Services Coordinator, AfriLabs; Prof. Benjamin Chukwuma Ozumba, Former, Vice-chancellor, UNN and Enogieru Osasenaga, National Program Manager, Wennovation Hub.
The Swedish Innovation ecosystem program, is a five day programme, scheduled to hold from June 10 to June 14, 2019, in Stockholm, the capital city of Sweden.
The topic for this year’s edition is, “Start-ups and the Innovation Ecosystem in Sweden”. During the visit, the participants will pay visits to start-up hubs in Sweden, learn about the political agenda and how the public sector empowers the innovation system.
They will also meet with Founders and entrepreneurs of the world’s biggest start-ups, as well as, large innovative corporations, during the visit.
In a statement released by the Head of Economic Affairs and Trade Promotion, Embassy of Sweden in Abuja, Fanny Nylander, explained that, Sweden has always been an innovative country.
It further reads, ‘Sweden is home to innovations, such as, Bluetooth, Skype and Spotify and its capital, Stockholm, is currently producing the highest number of so-called ‘unicorns’, (or, billion-dollar tech companies), per capita, after Silicon Valley.
For the Swedish Institute, innovation means, knowledge, that gets turned into new value, in the form of products, services, or, new organizations, in both the private and public sectors.’
The visit will ensure that, the participants get to look into the research and academia’s roles, in the innovative eco-system, thus, CFA is joining other global participants, who are notable for working in the innovation ecosystem, with clear institutional connections in the private and public sectors, as well as, the academia.
The programme aims at intensifying dialogue, greater knowledge exchange, broader lasting and reciprocal relationships, between international decision-makers, Swedish industry, government agencies, academia, start-ups and entrepreneurs.
It is believed that, the experiences garnered, will help these Nigerian innovation leaders, as they strive to ensure that innovation, truly thrives not just in Nigeria but across Africa.
News
UK–Nigeria Skills and Schools Trade Mission Concludes with Strong Foundations for Education Partnership

A high-level UK delegation has concluded a week-long skills and schools trade mission to Nigeria, marking a significant step forward in education and skills cooperation between the two countries.

Running from 19-23 April 2026 across Abuja and Lagos State, the mission brought together leading UK private schools, skills providers, and education institutions with Nigerian partners, schools, and the Honourable Minister of Education Dr Tunji Alausa.
The mission follows the high profile and well received state visit to the UK in March, which also included education engagements. Supported by the UK’s Department for Business and Trade (DBT), the mission forms part of its new International Education Strategy, under which Nigeria has been identified as one of five priority education markets, spearheaded by Professor Sir Steve Smith, who is looking forward to visiting the country again this year.
The mission focused on in-country delivery of education, the establishment of world-renowned UK schools in Nigeria, and the development of skills and Technical and Vocational Education and Training (TVET) systems aligned with industry demand.
In Abuja, the delegation met with Nigeria’s Honourable Minister of Education, Dr Tunji Alausa, securing strong political backing for UK–Nigeria education partnerships and set the groundwork for ongoing institutional collaboration across both schools and skills.
In Lagos, delegates engaged further with potential partners and investors. In both cities the delegation was thrilled to visit local British curriculum schools and colleges to further enable them to experience first-hand the teaching and learning environment.
British Deputy High Commissioner, Jonny Baxter, said: “The UK and Nigeria share a deep and longstanding relationship, and opportunities in education are one of its most exciting frontiers.
“This mission has demonstrated the strong appetite on both sides to deepen collaboration in education and skills.”
“By bringing together UK schools and skills providers with Nigerian partners and policymakers, we are laying the foundations for even more long-term partnerships that support Nigeria’s education priorities, strengthen skills aligned to industry needs, and create opportunities for sustainable, in-country delivery as well as positioning Nigeria as the regional hub for high quality education.”
DBT Head of International Education, Sarah Chidgey, said: “This mission is a perfect example of the International Education Strategy being put into action, building on multiple two-way visits and the UK and Nigeria’s warm relationship. It has been heartening to see all the progress in UK Nigeria education collaboration since my first visit to Nigeria, as part of a wider delegation, in 2022.”
DBT’s mission concluded with a strong pipeline of follow-up activity, including targeted one-to-one meetings, MoU discussions, and agreed next steps between UK and Nigerian counterparts.
News
Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

President Bola Tinubu has requested Senate approval for a $516.3 million foreign syndicated loan to fund key sections of the Sokoto-Badagry superhighway, a cornerstone of his Renewed Hope Agenda.

Tinubu
In a letter read by Senate President Godswill Akpabio during Thursday’s plenary, Tinubu invoked Sections 16 and 21 of the Debt Management Office Act, 2011, to secure financing via Deutsche Bank AG for Sections 1, Phase 1A, and 1B. The 1,000-kilometre project will span Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, linking Illela to Badagry and boosting trade, connectivity, and goods movement.
The nine-year loan, with a three-year grace period and interest at SOFR plus 5.3 per cent, includes a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The Federal Government will provide over ₦265 billion in counterpart funding for land acquisition and infrastructure.
Akpabio referred the request to the Senate Committee on Local and Foreign Debts for a one-week turnaround report. He endorsed the borrowing, stating it advances road safety and national integration.
The highway aims to cut travel times and stimulate economic corridors, with the Federal Executive Council already approving the plan.
News
Karex, World’s Top Condom Maker to Hike Prices due to Iran war

Karex, world’s largest condom maker, plans to raise prices by up to 30 percent due to supply disruptions linked to the Iran war.

This means that safe sex could get more expensive if the war continues to disrupt global supply chains, according to Goh Miah Kiat, CEO, Karex.
Kiat told old Reuters that rising freight costs and shipping delays have increased demand and forced the company to pass costs to customers.
Broader supply chain issues and higher oil prices could impact many everyday products that rely on petrochemicals.
“The situation is definitely very fragile, prices are expensive… We have no choice but to transfer the costs right now to the customers,” Goh told Reuters.
Karex joins a growing list of companies that are bracing for supply chain disruptions amid the ongoing war in Iran.
Based in Malaysia, Karex produces condoms, personal lubricants, gloves, medical catheters and probe covers.
The company manufactures male latex condoms including ONE, Trustex, Carex and Pasante, and it can produce over 5 billion condoms annually. Karex also exports to more than 130 countries, according to its website.
“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh said.
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