News
ICT Will Drive New Gboleru University in Ikirun

Information and Communication Technology will drive the new university that will soon commence operations in Ikirun, Ifelodun local government area of Isun State.

Prince Tajudeen Adesegun Gboleru
The new university, Gboleru University, will serve three particular functions: to prepare student for decent and qualitative employment, to achieve personal growth, and to contribute to improvement in society.
To this effect, over $100 million has been earmarked as initial investment to acquire state of the art technologies and other infrastructure for the project.
Already, over 150 hectares of land has been acquired along Gboleru Estate, Eko Ende Road in Ikirun, Ifelodun Local Government Area of Osun State.
Other necessary regulatory approvals are being processed to ensure a smooth take off of the university.
Arrangemenits are also in place for the new university to partner with All Saints University College of Medicine, Canada. With its alumni located across the globe, practicing as doctors, or in the fields of healthcare, research and academics, All Saints University strive to foster an environment where students feel supported academically, socially and emotionally.
According to Prince Tajudeen Adesegun Gboleru, founder of the university and chief executive officer of SDA Gboleru and Company Limited, the university will.place premium on teaching students to acquire practical experience that is required in workplace environment.
“It is time universities start teaching students in ways that more resemble the actual workplace,” he said.
The effort, according to him, will complement the efforts of the current state government led by Governor Gboyega Oyetola to ensure availability of qualitative and affordable education to all the sons and daughters of Osun State. Gboleru University will be made affordable through offering of scholarship to deserving grassroot students.
Prince Gboleru said the new university will be an institution of higher learning providing facilities for teaching and research and authorized to grant academic degrees specifically : one made up of an undergraduate division which confers bachelor’s degrees and a graduate division which comprises a graduate school and professional schools each of which may confer master’s degrees and doctorates.
He said the decision to establish this institution in Ikirun is because universities are key to the national innovation agenda, and share an obligation to be at the forefront of contemporary policies and society.
“This is why we are focused on producing quality, accessible research through highly cited and esteemed researchers.
“We will grow our innovation ecosystem and pursue the uptake of disruptive technologies that deliver positive economic impacts,” he said.
According to him, having garnered enough international experience and exposure to education, “I believe that, implicitly or explicitly, for students and teachers alike university education is still viewed as mainly about the transmission of facts, and about assessments to ensure those facts have been learned.
“There are two major flaws with this model. The first is that in most workplaces, teamwork, collaboration and outputs that are important for the employer are what matters, not the results of a test.
“When we teach students to pass relatively arbitrary individual assessments, we may be testing their intelligence and their stamina, but we are not setting them up for success in real life.
“The second flaw is that facts, learned this way, don’t stay in people’s brains long enough to be mastered and applied.
“The only way for us to retain, internalise and learn to use expert knowledge is to apply it, try different ways of utilising it, make mistakes, and then try again via a different route. In short, to learn just as we do in real life.”
Prince Gboleru said It is time universities start teaching students in ways that more resemble the actual workplace.
This, he said, does not mean university studies need to be vocational. “On the contrary, the importance of understanding the value of the latest research and of evidence-based thinking; of questioning accepted approaches; and of gathering data before making up one’s mind, can never be overstated.
“These are, incidentally, all prerequisites for the graduate workplace. We can’t leave it solely to employers to teach our recent graduates what the real workplace is like. We have a duty to prepare our students better and to let them practice on real life problems, in a safe space.”
He said active learning which will be the benchmark of Gboleru University will deliver better learning outcomes for students and, equally importantly, resembles real working life.
“So, our students will have more than a vague idea of their journey ahead. They also deserve to understand early on what learning is about and that, because it never stops, they can apply their skills in many different types of jobs after graduation,” he said.
Prince Gboleru further revealed that dedicated, resourceful and goal-driven professional educator with a solid commitment to the social and academic growth and development of every child will be engaged to get the job done.
He said the institution will only be interested in accommodating versatile individuals with the talent to develop inspiring hands-on lessons that will capture a child’s imagination and breed success.
He said strict guidelines will be adopted to attract highly motivated, enthusiastic and dedicated educator who wants all children to be successful learners.
Committed to creating a classroom atmosphere that is stimulating and encouraging to student, Prince Gboleru said aptitude to remain flexible, ensuring that every child’s learning styles and abilities are addressed will be promoted at the university.
“Superior interpersonal and communication skills to foster meaningful relationships with students, staff and parents; demonstrated ability to consistently individualize instruction, based on student’s needs and interests; exceptional ability to establish cooperative, professional relationships with parents, staff and administration as well as professional educator with diverse experience and strong track record fostering child-centered curriculum and student creativity will be given a pride of place in the new university.
A self-starter with high energy enabling maximum and efficient work under pressure as well as accustomed to working in a multicultural environment that emphasizes inclusion will be encouraged.
Gboleru said the institution already has its eye on a team of experts with experience in developing curriculum as well as conducting teaching, training and parenting programme; introduce concepts into curriculum related to life and social skills.
They have acquired special skills that will make them thoroughly enjoy working with children and encourage creative expression.
“They are enthusiastic, committed educator with innate ability to understand and motivate children,” he said. “They strive to build student self-esteem and encourage understanding of cultural diversity, gender differences and physical limitations.
“They create a cooperative community in the classroom; model for students the importance of mutual respect and cooperation among all community members. They are kkilled in adapting to students’ diverse learning styles.
“Our courses and research capacity will be geared towards excellence at a global level. We are focused on creating a lasting impact that contributes to the needs of communities and empowers people to achieve their aspirations.
Our ambition for our graduates is that they will be ethical, agile thinkers who are competitive in a global economy. Their experiences at Gboleru University will shape their sense of self as well as their future career.
Some of the courses that will be offered at the initial stage of the institution include Agriculture,
Agricultural Economics
Agricultural Extension
Agronomy
Animal Science
Crop Science
Food Science and Technology
Fisheries
Civil Engineering
Chemical Engineering
Computer Engineering
Electrical Engineering
Electronic Engineering
Marine Engineering
Mechanical Engineering
Metallurgical and Materials Engineering
Petroleum and Gas Engineering
Systems Engineering
Structural Engineering
Production and Industrial Engineering
Environmental Sciences
Anatomy
Anesthesia
Chemical Pathology
Community Medicine
Dermatology
Hematology and Immunology
Medical Biochemistry
Medical Microbiology
Medicine
Morbid Anatomy
Obstetrics and Gynecology
Ophthalmology
Otolaryngology
Pediatrics
Pharmacology and Therapeutics
Physiology
Radiation Medicine Surgery
Psychological Medicine
Child Dental Health
Clinical Pharmacy and Pharmacy Management
Pharmaceutical Chemistry and Industrial Pharmacy
Pharmaceutical Technology and Industrial Pharmacy
Pharmaceutics
Pharmacognosy among others.
News
NGX Unveils Net-Zero Plan for Greener Capital Market

Nigerian Exchange Limited (NGX) has launched the NGX Net-Zero Programme to guide listed companies toward clear carbon reduction pathways and enhanced climate disclosures aligned with global investor standards.

NGX
The high-level launch engaged chief executives of quoted firms alongside development partners including German Investment Corporation KfW, DEG, and African Foresight Group (AFG), NGX’s implementation partner. Issuers and investors discussed financing decarbonisation, sustainability practices, and attracting climate-aligned capital.
NGX Group Chairman Dr Umaru Kwairanga described the initiative as concrete climate action, commending partners for two years of groundwork. “Today marks leadership and decisive action. Climate change has become a core business imperative, with capital markets mobilising capital and setting standards,” Kwairanga said.
He positioned NGX Net-Zero to support emissions measurement, disclosure, capacity building, and sustainable finance access, urging CEOs to embrace it strategically rather than as compliance. Kwairanga reaffirmed NGX’s goal to make Nigeria’s capital market Africa’s green finance hub.
Group CEO Temi Popoola called climate action a business imperative, noting sustainability-embedded firms attract capital, manage risks, and stay competitive. DEG Management Board Member Monika Beck highlighted partnerships scaling impactful, commercially viable climate solutions.
The event closed with a ceremonial gong marking the programme launch and send-off for outgoing DEG Regional Director Bernd Telemann.
News
Nigeria Off EU High-Risk Money Laundering List in Major Financial Win

Nigerian Financial Intelligence Unit (NFIU) has hailed Nigeria’s removal from the European Union’s list of high-risk third countries for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) as a landmark achievement endorsing the nation’s reform efforts.

Nigerian Financial Intelligence Unit (NFIU)
NFIU CEO Hafsat Abubakar Bakari said the delisting, contained in European Commission Delegated Regulation (EU) C (2025) 8460 adopted December 4, 2025 and effective January 29, 2026, affirms sustained AML/CFT and Counter Proliferation Financing (CPF) reforms.
The move follows Nigeria’s exit from the FATF Jurisdictions under Increased Monitoring after addressing strategic deficiencies, alongside Burkina Faso, Mali, Mozambique, South Africa and Tanzania.
Bakari noted the European Commission recognised Nigeria’s strengthened AML/CFT effectiveness, closed technical gaps, and fulfilled FATF Action Plan commitments leading to grey list removal in June and October 2025.
The delisting eliminates enhanced due diligence requirements for EU financial transactions, easing compliance, boosting cross-border flows, and enhancing Nigeria’s appeal for European trade, investment and partnerships.
The NFIU attributed success to President Bola Ahmed Tinubu’s political will and collaboration among National Assembly, law enforcement, regulators, judiciary, private sector and development partners.
The agency reaffirmed commitment to ongoing FATF, GIABA, EU engagement and domestic framework resilience to maintain international confidence in Nigeria’s financial system.
News
FG Directs Banks, Fintechs to Remit VAT on Service Fees

The Federal Government has directed all banks and fintechs to collect and remit 7.5 per cent value-added tax on certain electronic banking services, effective Monday, January 19, 2026, according to an email notice issued by payment platforms.

The VAT will apply to electronic banking charges, including mobile money transfers, USSD transaction fees, and card issuance fees, according to an email notice on Wednesday shared with customers by Moniepoint.
For example, if a bank charges N100 to make a transfer, the 7.5 per cent VAT will be applied to that service fee, not the money being sent.
“From Monday, January 19, 2026, we are required to collect a 7.5 per cent VAT, to be remitted to the Nigerian Revenue Service (formerly known as the Federal Inland Revenue Service).
“VAT will apply to certain banking services that include electronic banking charges such as mobile banking fees (transfers), USSD transaction fees, and card issuance fees,” the email read.
Other operators are expected to issue similar notices to their customers in the coming days. Services that will remain exempt include interest earned on deposits and savings, meaning customers will not pay tax on the returns from their accounts.
The NRS, formerly known as the Federal Inland Revenue Service, has set the deadline to ensure that all commercial banks, microfinance banks, and electronic money operators comply with the collection and remittance requirement.
Moniepoint stressed that this is not a price increase but a statutory obligation. “Moniepoint is required to collect and remit VAT to the Nigerian Revenue Service,” the company said in a statement.
The move is part of the government’s broader efforts to standardise VAT collection on digital financial services and expand revenue generation amid Nigeria’s growing digital economy. VAT on banking transactions is not entirely new; the NRS is now enforcing uniform collection rules across all platforms, ensuring compliance across the sector.
Customers have been assured that the new tax will be clearly itemised, with the VAT shown separately on transaction statements and reports.
In December, several commercial banks informed customers that the N50 stamp duty would be deducted on electronic transfers of N10,000 and above, following the commencement of provisions of the new Tax Act.
The charge, previously known as the EMTL, has now been formally reclassified as stamp duty and will be applied as a one-off fee on qualifying electronic transfers.
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