Standard Chartered Bank has hailed Nigeria’s ongoing economic reforms, describing them as a catalyst for renewed investor confidence and long-term growth. A high-level delegation from the global banking giant met with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, in Abuja, to discuss the country’s evolving financial landscape and explore potential investment opportunities.

During the meeting, the delegation commended key reform measures, including the removal of fuel subsidies and market liberalization, which they described as “extraordinary” steps towards stabilizing and strengthening Nigeria’s economy.

One of the central topics of discussion was investor confidence in Nigeria’s debt market, with Standard Chartered officials noting a renewed appetite for Eurobonds and local debt instruments. Minister Edun highlighted the government’s ongoing efforts to reduce the budget deficit, control inflation, and lower interest rates, all aimed at creating a more stable and predictable economic environment.

“Nigeria’s economy is currently growing at 3.84%, but to drive significant poverty reduction and job creation, we are targeting a 7% growth rate,” Edun stated, emphasizing the administration’s commitment to achieving long-term economic stability.

The Standard Chartered delegation also lauded President Bola Tinubu’s proactive engagement with international financial institutions and development agencies, noting that such collaborations are fostering a more investment-friendly climate.

As Nigeria continues to position itself as a hub for economic resilience and financial reform, the partnership between the government and Standard Chartered Bank is expected to open new doors for investment, innovation, and economic expansion.

 President Bola Ahmed Tinubu on Thursday received the Asagba of Asaba, Prof. Epiphany Azinge, at the State House, Abuja, as part of ongoing engagements with traditional leaders across the country.

The meeting, held behind closed doors, underscores the Tinubu administration’s commitment to fostering collaboration between the federal government and traditional institutions in addressing national development and cultural preservation.

Details of the discussions remain undisclosed, but sources indicate that key issues, including regional development, cultural heritage, and governance, were part of the deliberations.

Prof. Azinge, a respected legal scholar and custodian of Asaba’s cultural heritage, is known for his advocacy on peace, unity, and development within the region. His visit to the Presidency reflects the crucial role of traditional institutions in national discourse.

The engagement comes amid the administration’s broader consultations with traditional rulers and stakeholders, aimed at strengthening national cohesion and sustainable development.

 

 

EFT Corporation (EFTCorp), a trusted partner in modern banking, was honoured with the ‘Outstanding Contribution to Fintech Enablement’ award at the 15th Africa Bank 4.0 Summit – West Africa, held in Accra, Ghana, on 26-27 February 2025. The award recognises EFTCorp’s role in advancing fintech innovation and expanding financial inclusion across Africa by providing cutting-edge payment solutions and infrastructure for banks and financial institutions.

 

As a lead sponsor of the summit, EFTCorp actively contributed to key discussions around West Africa’s digital banking evolution, tackling issues such as interoperability, open banking, and the role of fintech in bridging financial gaps. The company’s commitment to innovation was highlighted in various panel discussions and presentations, including:

 

  • Carlin Wicomb, Chief Sales Officer, who delivered a presentation on Empowering Banks through Fintech Collaboration: Unlocking Innovation in Payments and Merchant Services.
  • Catherine Korsten, Chief Commercial Officer, who moderated a panel on Securing the Future: Biometric Authentication in West Africa’s Digital Transformation.
  • Farai Tigere, Managing Director for Zimbabwe, who joined a panel on Beyond Mobile Money: Building a Broader Financial Inclusion Strategy for West Africa.
  • Carlyn Commey, Regional Head of Business Development for West Africa, who contributed to a discussion on Supercharging West Africa’s Economy: The Real-Time Payments Revolution.

 

EFTCorp’s commitment to West Africa’s digital finance evolution

Receiving the ‘Outstanding Contribution to Fintech Enablement’ award reinforces EFTCorp’s role in West Africa’s payments modernisation journey. The region has seen a surge in neobanks, mobile money adoption, and real-time payments – the company’s solutions have been instrumental in helping financial institutions modernise their operations while ensuring secure, efficient, and scalable payment infrastructure.

 

Carlyn Commey, who represented EFTCorp at the awards ceremony, emphasised the company’s dedication to financial inclusion in the region. “This recognition is a testament to our commitment to supporting banks and fintechs with innovative, tailored solutions that drive financial access and economic growth. West Africa is a priority growth region for EFTCorp, and we are excited to continue working alongside local partners to build a more inclusive and resilient financial ecosystem.”

 

Expanding EFTCorp’s footprint in emerging markets

With West Africa’s fintech market projected to grow significantly in the coming years, EFTCorp is expanding its presence to support banks and fintechs with modern payment solutions. The rise of regulatory sandboxes, digital identity initiatives, and mobile-first financial services across the region presents vast opportunities for financial institutions to scale. Through its expertise in API-driven payment processing, mobile money interoperability, and secure transaction platforms, EFTCorp is solidifying its role as a leading fintech enabler on the continent.

 

“Our goal is to bridge the gap between legacy banking infrastructure and next-generation payment solutions,” says Commey. “By working closely with banks, regulators, and fintechs, we ensure that our technology meets market needs while driving seamless financial services for businesses and consumers alike.”

 

As West Africa accelerates its digital banking transformation, EFTCorp remains a key player in shaping the region’s payments landscape.

The Federal Ministry of Art, Culture, Tourism, and Creative Economy has taken a decisive step toward finalizing Nigeria’s National Policy on Culture, launching a Physical Drafting Exercise in partnership with the Nigerian Economic Summit Group (NESG) and UNESCO. This initiative aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, reflecting his administration’s commitment to strengthening the nation’s cultural sector.

The National Policy on Culture, last reviewed in 1988, has remained in draft form for nearly four decades, despite its critical role in guiding Nigeria’s cultural and creative industries. Recognizing the urgency for reform, the Honourable Minister, Hannatu Musa Musawa, Esq., initiated a comprehensive review to ensure Nigeria’s cultural framework meets global standards and reflects the rapid evolution of the creative economy.

A Long-Awaited Policy Overhaul

The journey to update Nigeria’s cultural policy began in July 2024, when the Minister inaugurated a Cultural Policy Drafting Committee—a 100-member team tasked with researching, developing, and refining the policy’s framework. After completing a virtual drafting process in December 2024, the Ministry moved to the current physical drafting exercise, consolidating the final document for stakeholder validation before its submission to the Federal Executive Council (FEC) for approval.

Mrs. Ugochi Akudo-Nwosu, Director of the Entertainment and Creative Economy Department, emphasized the significance of this review:

“The National Policy on Culture provides the legal framework for preserving, promoting, and developing Nigeria’s cultural heritage. This update will reflect contemporary trends, particularly the shift from a creative industry to a creative economy. Through this exercise, we are setting the stage for Nigeria to assert its cultural identity on the global stage.”

Speaking on behalf of NESG, Dr. Ikenna Nwosu highlighted the urgent need for reform:

“For 37 years, this policy remained stagnant, while the creative and cultural sectors evolved at an unprecedented pace. Ideally, such policies should be reviewed every 5 to 10 years. What we are witnessing today is a long-overdue correction. This process will align governance with the economic potential of Nigeria’s cultural sector. The Honourable Minister’s leadership in driving this review is highly commendable.”

UNESCO’s Role in Cultural Policy Reform

UNESCO has played a crucial role in supporting the review process, ensuring its alignment with international cultural governance standards.

Speaking on UNESCO’s involvement, Mr. Ifeanyi Ajaegbo, a UNESCO representative, reaffirmed the organization’s commitment:

“UNESCO fully supports Nigeria’s efforts to update its National Policy on Culture. This policy aligns with our 2005 Convention on the Protection and Promotion of the Diversity of Cultural Expressions, which ensures fair access to cultural goods and services. By strengthening cultural governance, Nigeria will create a more structured, inclusive, and globally competitive creative economy.”

Strengthening Nigeria’s Creative Economy

The Ministry’s collaboration with NESG has ensured an inclusive and technically sound review process. Following a Memorandum of Understanding (MoU) signed in 2024, NESG has provided research, technical expertise, and stakeholder engagement strategies to ensure the new policy meets both national and international benchmarks.

Additionally, UNESCO has conducted training sessions, workshops, and expert consultations, equipping Ministry staff with global best practices for fostering cultural sustainability and economic growth.

Next Steps: Validation and Approval

The Physical Drafting Exercise, taking place from March 20–24, 2025, at Blue Spring Hotel, Abuja, marks the final stage before the Stakeholder Engagement and Validation Exercise. Once validated, the policy will be submitted to the Federal Executive Council (FEC) for final approval.

With this milestone, the Federal Ministry of Art, Culture, Tourism, and Creative Economy is taking a bold step toward repositioning Nigeria’s cultural sector. Beyond preserving heritage, the policy aims to drive economic growth, create employment opportunities, and position Nigeria as a leader in the global creative industry.

In a significant step towards enhancing data protection and privacy compliance in Nigeria, the Nigeria Data Protection Commission (NDPC) has signed a Memorandum of Understanding (MoU) with the Data and Knowledge Information Privacy Protection Initiative (DKIPPI).

The agreement, formalized at a ceremony attended by key stakeholders, aims to deepen collaboration between both organizations in promoting awareness, compliance, and privacy protection across the country.

Speaking at the event, the National Commissioner/CEO of NDPC, Dr Vincent Olatunji, described the MoU as a historic milestone for the Commission. He acknowledged Mr Tokunbo Smith, President of DKIPPI, for his unwavering support since the Commission’s inception. Dr Olatunji highlighted Mr Smith’s key contributions to the development of the Nigeria Data Protection Act, the Strategic Roadmap and Action Plan (SRAP), and the General Application and Implementation Directive (GAID)—all of which serve as foundational frameworks for data protection in the country.

“This partnership formalizes our shared commitment to advancing data privacy, compliance, and awareness across Nigeria. As data protection takes center stage globally, this collaboration will further strengthen Nigeria’s stance in the digital economy,” Dr Olatunji stated.

On his part, Mr Tokunbo Smith reaffirmed DKIPPI’s dedication to supporting the Commission, pledging even greater efforts in shaping Nigeria’s data privacy ecosystem. “Data protection and privacy are becoming increasingly critical worldwide. We remain committed to making a lasting impact in ensuring compliance and security within Nigeria’s digital space,” he said.

In recognition of Dr Olatunji’s leadership in spearheading data protection initiatives in Nigeria, Mr Smith presented him with an honorary award, naming him an Ambassador of the Data and Knowledge Information Privacy Protection Initiative.

The MoU marks another step in Nigeria’s journey towards robust data governance, ensuring that the country aligns with global best practices in information privacy and security.

 

Nollywood, Africa’s largest film industry, is witnessing a new wave of transformation as industry professionals seek to refine their expertise and elevate the sector to global standards. In a major development, Tayo Folorunsho, a renowned edutainment entrepreneur and filmmaker, has successfully completed a professional program at the prestigious KAP Film and Television Institute in Lagos.

As the Founder of The Big Break Moment Africa. Folorunsho has been instrumental in bridging education and entertainment, empowering young creatives, and shaping the future of Nollywood. His latest academic pursuit signals a shift towards business-driven filmmaking, which is crucial for Nollywood’s sustainability and competitiveness on the global stage.

Speaking on his motivation for enrolling at KAP, Folorunsho emphasized the need for filmmakers to go beyond creativity and embrace the business aspects of filmmaking.

“I was desirous of knowing the rudimentary part of the business aspect of filmmaking, beyond just creativity. Nollywood is expanding, and for it to remain competitive globally, we need to understand the financial and structural backbone of the industry. I got that knowledge here at KAP, and I am thoroughly impressed,” he stated.

With Nollywood ranking as the second-largest film industry in the world by output, industry stakeholders are increasingly focusing on enhancing production quality, securing better distribution models, and maximizing revenue streams. Folorunsho’s training at KAP has provided him with the tools to navigate the evolving landscape of global entertainment, positioning him as a key player in Nollywood’s next growth phase.

“This is a milestone for me. It has prepared me to be an all-around movie executive, not just a filmmaker. The experience at KAP has provided me with an A-to-Z understanding of movie-making, positioning me to contribute meaningfully to Nollywood’s future,” he added.

Folorunsho’s graduation reflects a growing trend in Nollywood, where professionals are seeking formal education to refine their craft and improve the industry’s global reputation. With streaming platforms like Netflix and Amazon Prime increasing their investment in Nollywood content, there is a greater demand for well-structured, high-quality productions that meet international standards.

As Nollywood expands its influence beyond Africa, the industry must adopt sound business models, better intellectual property protection, and strategic partnerships to maximize its potential. Folorunsho, through his works, The Big Break Moment Africa, is at the forefront of this new movement, inspiring and mentoring emerging creatives.

With his newfound expertise, Folorunsho is expected to spearhead innovative film projects, edutainment initiatives, and strategic collaborations that will shape Nollywood’s future. His approach to filmmaking—one that blends creativity with business intelligence—sets a new standard for how Nollywood professionals should position themselves in a rapidly evolving industry.

As the Nigerian film industry continues to gain recognition on the global stage, leaders like Tayo Folorunsho are proving that education, innovation, and strategic business knowledge are essential to Nollywood’s long-term success. His recent achievement is not just a personal milestone but a testament to Nollywood’s ongoing transformation into a world-class entertainment powerhouse.

 

 

As the 2025 elections approach, the people of Anambra South are looking for more than just a politician—they seek a leader who understands their struggles, listens to their concerns, and is ready to fight for their future. Among the contenders for the Senatorial seat, Amb. Samben Nwosu stands out as a leader with vision, integrity, and a deep sense of duty to his people.

For years, Amb. Nwosu has walked among his people, engaging with farmers, traders, business owners, and young professionals. He has listened to their worries about economic hardship, unemployment, poor infrastructure, and insecurity. Unlike many career politicians, he does not see leadership as a position of power but as a call to serve. He believes that representation in the Senate should not be about politics as usual—it should be about bringing real, lasting change.

In conversations with communities across Anambra South, Amb. Nwosu has emphasized the need for economic empowerment and job creation. He envisions a future where young people are no longer forced to leave their homeland in search of opportunities elsewhere but can build successful careers and businesses within the region. He is determined to attract investments, support small and medium-sized enterprises, and create an environment where innovation and entrepreneurship can thrive.

Education is another area close to his heart. He has often spoken about the need for better schools, vocational training programs, and policies that equip young people with the skills to compete in today’s world. He understands that for Anambra South to truly progress, the younger generation must be given the tools to succeed.

Security remains a major concern, and Amb. Nwosu has been vocal about the urgent need for stronger partnerships between the government and local communities to combat crime and ensure safety. He believes that a secure Anambra South is a prosperous Anambra South, where businesses can thrive and people can live without fear.

Beyond policies, what sets Amb. Nwosu apart is his genuine connection with the people. He does not speak in rehearsed political speeches; he speaks from the heart, sharing his vision with sincerity and passion. Those who have interacted with him describe him as approachable, understanding, and deeply committed to seeing his people succeed.

As the campaign for the Senate heats up, more and more people are rallying behind him, believing that he represents a new era of leadership—one that is focused on solutions, not empty promises. Amb. Nwosu himself remains focused, not on winning an election, but on building a better future for Anambra South.

“This is about the people,” he says. “It’s about ensuring that every man, woman, and child in Anambra South has the opportunity to thrive. I am ready to serve, and together, we will make history.”

As the countdown to the 2025 elections continues, one thing is clear: Amb. Samben Nwosu is not just a candidate—he is the leader Anambra South needs.

 

 

Written by

Anthony Emeka Nwosu

#Samben2025

 

Security remains a major concern, and Amb. Nwosu has been vocal about the urgent need for stronger partnerships between the government and local communities to combat crime and ensure safety. He believes that a secure Anambra South is a prosperous Anambra South, where businesses can thrive and people can live without

 

 

 

 

 

 

In a significant leap forward for business document management, Foxit has unveiled its latest suite of PDF tools designed to streamline workflows, enhance collaboration, and boost productivity. The flagship product, **Foxit PDF Editor+**, is a cost-effective, AI-powered platform that redefines how businesses handle PDFs. With features like advanced editing, legally binding eSignatures, secure sharing, and seamless collaboration, Foxit PDF Editor+ is available across Windows, macOS, iOS, mobile, and cloud platforms, making it the ultimate choice for modern teams.

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With its innovative tools, flexible licensing, and commitment to simplifying document management, Foxit is empowering businesses of all sizes to work smarter, faster, and more securely. Visit the Foxit website to explore how these solutions can transform your document workflows.

 

In today’s evolving societal landscape, the dynamics of relationships, particularly those involving highly educated and ambitious women, have become a topic of significant discussion. As someone who values education and ambition in a partner, I firmly believe that marrying a driven woman requires a man to either match her level of ambition or possess a strong sense of self-esteem, emotional intelligence, and a well-managed ego. Without these qualities, the relationship risks becoming a breeding ground for insecurity and resentment.

One of the most critical aspects of courtship, in my opinion, is open and honest discussions about career aspirations, goals, and future ambitions. These conversations are not just about understanding each other’s dreams but also about assessing compatibility. A woman who appears to be finding her footing during courtship might have grand plans for her future—she might aspire to be a “boss lady” or a trailblazer in her field. As a potential partner, you need to ask yourself: Can I handle her drive and all that comes with it? If the answer isn’t a resounding yes, it’s better to confront that reality early on.

From my observations, successful women often face significant challenges in their marriages, particularly when their achievements outshine their husbands’. Gaslighting is a common issue, where their natural reactions or actions are misinterpreted as arrogance or pride. For instance, expressing frustration or anger is often labeled as controlling behavior. This dynamic is vividly portrayed in *Smart Money Woman*, where the character of the lawyer married to Soj exemplifies the struggles ambitious women face in relationships. This fictional depiction resonates deeply with real-life scenarios I’ve witnessed, including within my own family. At one point, I even found myself praying not to outearn a future husband, fearing the strain it might place on the relationship. However, as I matured and reflected on the kind of partner I wanted, I realized that a man’s emotional maturity and self-confidence are far more important than his financial status.

Men who feel threatened by their wives’ success often tie their masculinity solely to their ability to provide financially. When their wives begin to earn more, they feel emasculated, not because of any fault of the woman but because they lack the emotional tools to handle a shift in traditional gender roles. This insecurity stems from a narrow definition of masculinity that excludes emotional support, household contributions, and other non-financial forms of value. A man who feels secure in himself, on the other hand, sees his wife’s success as a source of pride, not a threat.

That said, the responsibility doesn’t lie solely with men. Ambitious women must also cultivate humility, emotional intelligence, and respect in their relationships. While ambition is admirable, it should never manifest as pride or condescension toward a partner. A woman’s success should not invalidate her husband’s contributions, whether they are financial, emotional, or domestic. A man who supports his wife emotionally, takes care of the home, or plays an active role in parenting is just as valuable as one who earns a high income. True partnership is built on mutual respect, not a competition of achievements.

Moreover, ambition should not come at the expense of emotional intimacy. Just as women expect their partners to support their goals, they must also prioritize maintaining a strong emotional connection in their relationships. Success in a career should not equate to neglect in a marriage. Striking a balance between professional aspirations and personal relationships is crucial. Prioritizing work is important, but it should not mean sacrificing the health and happiness of a marriage.

For men considering a relationship with an ambitious woman, it’s essential to be honest about what you can handle. Ambitious women may need to outsource household chores, travel frequently, or maintain demanding schedules. If you’re not prepared to support her in these ways, it’s better to acknowledge that upfront rather than enter a relationship with unrealistic expectations. Marrying an ambitious woman means embracing her drive and supporting her goals, not trying to domesticate her or stifle her potential.

Ultimately, ambitious women don’t intimidate secure men—they inspire them. A confident man understands that his worth isn’t measured by who earns more but by the value he brings to the relationship beyond finances. He sees partnership as a source of mutual support, not competition. Before saying “I do” to a driven, go-getter woman, ask yourself: Do I admire her for who she is, or do I secretly wish to tame her? If it’s the latter, resentment is inevitable.

In conclusion, the real flex in a relationship is marrying someone whose growth excites you rather than threatens you. True partnership thrives when both individuals celebrate each other’s successes and contribute to each other’s happiness. Let everyone marry someone they can truly live with, and let ambition be a source of strength, not division, in relationships.

Written by Ifedayo Bode-Salisu

By Javvad Malik, Lead Security Awareness Advocate at KnowBe4 (www.KnowBe4.com).

 

Have you ever walked down a street with broken windows, burnt out cars, graffiti and felt a bit uneasy? There’s a reason for that, and it’s not just about aesthetics. The Broken Windows Theory, introduced by social scientists James Q. Wilson and George L. Kelling in 1982, suggests that visible signs of crime and antisocial behavior encourage further crime and disorder. But what does this have to do with cybersecurity? More than you might think.

 

The Cybersecurity Parallel: Neglected Digital Environments

 

In many organizations, cybersecurity awareness feels like a losing battle. Employees ignore security policies, download unapproved software, and use weak passwords. It’s as if our digital environments are full of “broken windows,” signaling that it’s a culture where no one really cares about security.

 

Traditional approaches often focus on punitive measures or dry, technical training that fails to engage employees. It’s like trying to reduce crime by simply increasing fines, without addressing the underlying issues that make an area feel unsafe or neglected.

 

Applying the Broken Windows Theory to Cybersecurity

 

Just as fixing broken windows and cleaning up graffiti can reduce crime by fostering a sense of order and care, we can apply similar principles to our digital environments:

 

By applying the principles of the Broken Windows Theory to cybersecurity, we can create digital environments where security feels natural and everyone plays a part

  1. Create a Culture of Vigilance: Encourage employees to report potential security issues, no matter how small. This is like neighborhood watch programs for your network.
  2. Address Small Issues Quickly: Respond promptly to minor security infractions. This shows that security is taken seriously at all levels.
  3. Improve the “Look and Feel” of Security: Make security tools and processes user-friendly and aesthetically pleasing. A clean, well-designed security interface is like a well-maintained storefront.
  4. Celebrate Security Wins: Publicly recognise employees who spot phishing attempts or follow good security practices. This is akin to community awards for neighborhood improvement.

 

Practical Steps for Implementation

 

  1. Conduct a Digital Environment Audit

Walk through your organization’s digital spaces as an average user would. Where are the “broken windows”? Look for outdated software, clunky security processes, or confusing policies.

  1. Implement a “See Something, Say Something” Program

Create an easy way for employees to report potential security issues. Make it as simple as sending a quick message or clicking a button.

  1. Redesign Security Communications

Transform your security awareness materials. Replace dense text with infographics, short videos, or even memes. Make security information as engaging as a well-designed public space.

  1. Create Security Champions

Identify and empower individuals across departments to be security advocates. These champions can help maintain a secure “neighborhood” in their area of the organization.

  1. Regular “Digital Community” Events

Host regular cybersecurity events that feel more like community gatherings than lectures. Think cybersecurity fairs, hacking demos, or even escape rooms with a security twist.

 

The Path to a Strong Security Culture

 

By applying the principles of the Broken Windows Theory to cybersecurity, we can create digital environments where security feels natural and everyone plays a part. It’s not just about preventing breaches; it’s about fostering a community where secure behavior is the norm.

 

As we move forward, let’s reimagine our approach to cybersecurity awareness. Instead of building walls and enforcing rules, let’s create digital neighborhoods where everyone takes pride in keeping things secure.

 

Every fixed “window” in your digital environment is a step towards a more secure future. So, let’s roll up our sleeves and start cleaning up our digital streets. The neighborhood—and your data—will thank you.