News
“Youths are Africa’s future” says UBA CEO

Phillips Oduoza, group managing director and CEO of United Bank for Africa (UBA) Plc has said that the future progress of Africa, as a continent, is in the hands of its youthful population.
He said this during the Future Awards and Summit also popularly known as The Future Awards where hundreds of youths gathered at the prestigious Intercontinental Hotel, Lagos to celebrate youths excelling in different aspects of life.
UBA was a lead sponsor of the awards and summit as part of its commitment to the development of the next generation of future leaders in Africa.
Explaining why UBA was sponsoring ‘The Future Awards Africa’ Oduoza, represented by Dr. Yinka Adedeji, divisional, head, e-Banking UBA Plc, said “Over 50 percent of Africans are youths. As a pan-African bank with operations in 19 African countries, UBA aligns its vision to the aspirations of the continent’s youthful population by developing tailor made products that aligns with the aspirations and ambitions of the African youth. For example, our Next Generation account also known as “NextGen” is specifically targeted at youths and is about building the next generation of educated and enlightened professionals, employees, entrepreneurs, self employed persons, from all walks of life, early in their financial life cycle.”
The Next Gen account, he said, allows account holders to have access to 24 hour online banking services on UBA’s highly acclaimed internet banking platform besides other privileges like free web portals, specially branded Mastercard, interest bearing savings accounts, career advisory, scholarships, work place experience schemes with the UBA Group, entrepreneurial skills development workshops and social media engagements.
He spoke during the presentation of the prize for “the Future Africa Award in Agriculture,” won by Samir Ibrahim and Charles Nichols, founders of SunCulture, Kenya; a solar-powered irrigation kit which makes it simpler and cheaper for farmers to grow food. The kit replaces expensive diesel and petrol pumps.
UBA also endowed The Future Africa Awards “Young Person of the year,” which was won by Sangu Delle, Co-Founder, Cleanacwa, Ghana; a 27 year old entrepreneur from Ghana who built a Clean Water organisation that has impacted tens of thousands of people in rural Liberia and Ghana. The prize was presented by the representative of President Goodluck Jonathan, Bonni Haruna, Minister of Youth Development and two time governor of Adamawa state.
Rotimi Amaechi, governor of Rivers State; Obiageli Ezekwesili, former Minister of Solid Minerals, young entrepreneurs, students from different secondary and tertiary institutions, captains of industry, attended the awards ceremony.
One of the major highlights of the evening was the final phase of The Future Awards Africa’s #STOPEBOLA campaign, which was held via an auction on a custom piece by A-List haute couture designer, Lanre Da Silva Ajayi with a winning bid of N1Million on the dress. The proceeds will go to the UN Ebola Response Fund.
The awards which was hosted by Iyanya, Osas Ighodaro, Ice Prince and Flavia from Uganda, saw 10 outstanding individuals rewarded for their excellent work across different fields: business, entertainment, politics, science and technology and education.
The Future Awards, are a set of awards given by The Future Project (TFP), a social enterprise set up with a strong, practical commitment to human and capital development, especially in Africa.
The Future Project is the largest home-grown network of policy-makers, business people, and other stakeholders in Young Africa.
It is also committed to finding effective and innovative ways of addressing social issues. It has become one of the most respected private sector-driven development platforms with a history of verifiable impact, including in under-privileged and grassroots communities.
News
SEC Probes Ponzi Scheme Linked to FF Tiffany

The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
News
US Launches ‘Window on America’ @ Ogun Tech Hub

The Ogun Tech Hub in Abeokuta, Nigeria received a significant step towards increasing digital access and empowering young people as US Embassy in Nigeria launched the ‘Window on America’ facility.
The newly opened centre will offer free high-speed internet, computer access, and targeted programs to help young Nigerians build essential skills in technology, entrepreneurship, and leadership.
In a post on X (previously Twitter), the US Embassy described the hub as a modern ICT and resource centre meant to promote digital inclusion and provide youths with skills.
“Hello Abeokuta! We’re thrilled to announce the opening of the Ogun Tech Hub Window on America. This dynamic space offers free high-speed internet, computers, and programs to help young people gain tech, leadership, and entrepreneurial skills,” the Embassy wrote.
The facility was established in collaboration with the Ogun State and GFA Technologies, a software solutions provider for startups and SMEs.
The Embassy said the facility is part of its wider network of 29 American hubs across Nigeria, designed to empower youth and broaden access to global knowledge and opportunities.
Speaking during the launch, Ogun State governor Dapo Abiodun urged young people to use the ICT industry for self-sufficiency and competitiveness globally.
He lauded the program as a public-private cooperation that connects Nigerian youngsters with global innovations.
The governor said: “The Ogun Tech Hub serves as a collaborative space for technologists, startups, and social entrepreneurs to develop tech-driven solutions for societal challenges. The partnership is aimed at positioning Ogun State as a leading tech hub in Africa, supporting creative problem-solving and commercial innovation.”
With the ‘Window on America’ program fully operational, Ogun State is well-positioned to boost youth empowerment and digital literacy.
News
TikTok Removes Over 3.6m Videos in Nigeria, Citing Safety Priorities


- Broadcasting2 days ago
Nigeria Week Ahead: Inflation, Oil and Naira in focus
- News2 days ago
EFCC: Accusations Against Our Chairman Are Baseless and Misleading
- Telecom1 day ago
MTN Nigeria Targets $1Bn Cloud Market with Largest Modular Data Centre
- Telecom1 day ago
NCC Introduces N10m Licence Fee for Bulk SMS Service
- E-Business1 day ago
Firm Highlights Top Risks of Quantum Computing
- General News1 day ago
Woodhall Capital and Partners Launch ₦1.5Bn Fund
- General News1 day ago
AM Best Reaffirms Stable Outlook for Cyber Insurance Market
- General News1 day ago
Burna Boy Distances Himself from Meme Coin, Labels Crypto as Fraud