Broadcasting
Inventory Finance: The Empowering Ally of Small Businesses in Nigeria

By Abang Emenyi, Head, Growth & Marketing, OnePipe
Amina, a small grocery store owner in bustling Lagos, Nigeria, is the embodiment of resilience. Her store is an essential hub in her local community, a place where neighbours can find everything from essential food items to occasional sweet treats for the children. It’s the place where Amina shares smiles and small talks with her customers while providing them with their daily needs.

However, running a small business like Amina’s is not without its challenges. One of the significant obstacles she faces is securing credit to purchase inventory.
Imagine this: it’s a bright new day, and Amina opens her shop, ready to serve her community. She is greeted by the warm smiles of her customers but also by the hard reality of her half-empty shelves. The market prices have been fluctuating, and her cash flow is strained. This is a predicament that many small business owners like Amina face – maintaining a well-stocked store while grappling with cash flow issues and market unpredictability.
Here enters inventory finance, a financial innovation that serves as a lifeline for entrepreneurs like Amina. This form of credit provides funds for purchasing inventory, acting as a steady bridge over the turbulent waters of cash flow challenges. With inventory finance, Amina can replenish her shelves without straining her finances.
Let’s picture the transformation this brings: Amina, once concerned about her dwindling inventory, now walks into her supplier’s warehouse with confidence. Thanks to a fintech firm offering inventory finance, she can purchase the items her customers need on credit. This makes her store a reliable one-stop-shop in her community. It’s like she has found a magic key that unlocks a door to endless possibilities for her business.
Inventory finance also arms Amina with a shield against the whims of market price fluctuations. As any seasoned business owner will tell you, prices can be as unpredictable as the weather. With inventory finance, Amina can buy more stock when prices are low, protecting her business from sudden price hikes. It’s a strategic move, a way to navigate the choppy waters of the market with a reliable compass.
However, the benefits of inventory finance aren’t confined to Amina alone. A thriving local business means more employment opportunities and more income circulating within the community. It’s akin to a tree planted in the heart of a community; as it grows, its roots spread, and its shade provides comfort to many.
While inventory finance is not a new concept globally, its penetration in many parts of Africa, including Nigeria, has been minimal. But this is changing. In Nigeria, for instance, innovative fintech companies have embraced the challenge, and are working tirelessly to drive the adoption of inventory finance among small business owners. These companies are the bridge connecting Amina and thousands of other business owners to the benefits of inventory finance. They have adapted a solution known globally to fit the unique challenges and opportunities of the Nigerian market, thus redefining the landscape of small business financing in the country.
Inventory finance is more than just a financial tool; it’s a catalyst for change. It’s transforming small businesses, invigorating communities, and reshaping economies. Behind this transformation, fintech companies like OnePipe, with their Pay4Me product on the Growtrade platform are the unsung heroes, championing the cause of small businesses, one loan at a time.
So, the next time you pass by a bustling, well-stocked small shop in Nigeria, remember that behind the abundance, there’s a story of resilience, growth, and innovation. It’s a story where small business owners like Amina are the protagonists, and inventory finance is their empowering ally. This unfolding narrative holds the promise of a more prosperous and inclusive economy where every small business can truly thrive. The journey towards this promising future is underway, with every inventory financed, every shelf stocked, and every small business supported.
Broadcasting
US invests $115m in counter-drone tech for World Cup security


Drone
The US Department of Homeland Security (DHS) will invest $115 million in counter-drone technology to safeguard the 2026 FIFA World Cup and events marking America’s 250th independence anniversary, creating a dedicated office for rapid drone system deployment.
Homeland Security Secretary Kristi Noem described drones as “the new frontier of American air superiority,” stressing the need to counter threats from drug cartels using unmanned aircraft for smuggling and surveillance, alongside incidents like a 2025 NFL stadium drone flight and 2024 New Jersey sightings.
The funding supports 11 World Cup host cities expecting over one million visitors, building on FEMA’s $250 million grants to those states and addressing risks heightened by cartels’ advancing tech, including a reported FBI tracking plot in Mexico.
DHS has conducted over 1,500 counter-drone missions since 2018, with the new Program Executive Office accelerating acquisitions amid President Trump’s border security push.
Broadcasting
Youth Talent Takes Center Stage as T2 Ignites High-Octane Rap Battles @ Carnival Calabar

The energy at the Carnival Calabar Music Concert reached a new high as T2 introduced a first-ever rap battle platform, giving young Nigerians an electrifying stage to showcase their talent, creativity, and self-expression while competing for exciting prizes.

Held at the U.J. Esuene Stadium, the activation blended pulsating music, vibrant culture, and youthful energy into a dynamic celebration that kept thousands of carnival-goers fully engaged from start to finish.
Eight fearless contestants stepped into the spotlight, going bar for bar in an intense lyrical showdown. Rappers fused local languages, pidgin, and sharp punchlines, creatively weaving the T2 brand into their verses.
Anchored by the energetic hosting duo MC Double I and MC Princess, the rap battles thrilled over 16,000 attendees, including the Governor of Cross River State, Senator Bassey Otu, delivering an unforgettable showcase of youth talent and cultural expression.
With prizes including fridges, gas cookers, sound systems, and airtime top-ups, the competition remained fierce throughout the night. After two high-energy rounds narrowed the field to a five-man final duel, Emmanuel Eye emerged as the overall winner, taking home the grand prize — a fridge.
“I never expected this at all,” Emmanuel said. “I came to the concert like anyone else, and hearing about the T2 rap battle was a surprise. When I got the chance to perform, I just went for it. Being named the overall winner is amazing, and I’m grateful to T2 for creating this platform to showcase our talent.”
Beyond the stage performances, T2’s presence added a digital layer to the carnival experience. As part of its role as Digital Technology Partner of Carnival Calabar, the brand introduced the MyT2 App as a lifestyle companion, while also enabling line reactivations, airtime top-ups, and instant rewards for hundreds of attendees, blending technology seamlessly into the live celebration.
Commenting on the activation, Chinelo Manefo, Specialist, Events and Sponsorship at T2, said:
“The energy from both the rappers and the crowd was incredible. This platform reflects exactly what T2 aims to create — a celebration of youth, creativity, and culture, enhanced by technology that connects people and experiences. Seeing the audience so immersed shows how music and performance can empower the next generation.”
The Carnival Calabar Music Concert, headlined by Tiwa Savage, Timaya, and top local performers, was further energized by T2’s interactive rap battle platform. By blending music, culture, youth expression, and digital innovation, T2 reinforced its commitment to championing Nigeria’s next generation, giving young creatives a stage to shine while enriching how they experience the festival.
Broadcasting
Aig-Imoukhuede Foundation Wrapped Up 2025 with Real Change in Governance, Health, Media Across Africa

Aig-Imoukhuede Foundation has announced its 2025 achievements, marking a year of accelerated impact, systemic reforms and innovation in public leadership and service delivery across Africa.

Aig-Imoukhuede Foundation
A statement issued on Wednesday in Lagos said the foundation strengthened governance, improved primary healthcare, drove digital transformation and elevated media’s role in promoting public sector accountability.
It said the AIG Public Leaders Programme (PLP) trained 72 public sector leaders from Nigeria, Egypt, Tanzania, Cameroon, Zambia, Malawi and Kenya—its fastest growth to date—bringing the alumni network to 309.
These alumni are driving 237 reform projects to enhance public institutions, from faster decision-making to greater transparency, with nine promoted to higher roles for their contributions.
On civil service modernisation, the foundation accelerated digitalisation at the Office of the Head of the Civil Service of the Federation (OHCSF), streamlining 19 processes and achieving a 75 per cent increase in work speed through automated workflows.
It also trained over 400 officials from the Federal Ministry of Justice, Federal Civil Service Commission and Federal Ministry of Innovation, Trade and Investment in digital skills to support the FCCSIP 25 initiative and ongoing digital rollouts.
In healthcare, the Adopt-A-Healthcare-Facility Programme renovated four primary healthcare centres in Edo State, boosting antenatal visits by 73 per cent, immunisation coverage over 100-fold and fully vaccinating 554 children, while supporting 6,788 patients.
The foundation recognised 18 outstanding public servants with ₦500,000 each via the Emily Aig-Imoukhuede Endowment Awards and received a partnership award from the OHCSF for civil service reform efforts.
To empower media, it trained 50 journalists from top Nigerian media houses in impact storytelling, data analysis, visual and ethical reporting to better inform citizens on public sector changes.
Over five years (2021–2025), the foundation invested £2.6 million in PLP, saved ₦2.38 billion for the public sector through capacity building, trained 1,500+ civil servants, upskilled 660 digitally, trained 40 permanent secretaries and awarded 33 scholarships driving seven policy changes.
Other milestones include digitising 5,000 files, automating 333 processes, a 61 per cent efficiency gain, 60 per cent digital file creation at OHCSF, 128 excellence awards, 116 process reforms, 23 advocacy projects, 25 capacity initiatives, 18 podcasts, four healthcare articles, three policy papers, 23 adopted PHCs (four renovated) and 878+ fully immunised children aged 0–9 months.
Executive Vice Chair, Mr Aigboje Aig-Imoukhuede, said: “2025 was a year of real, measurable impact. From training hundreds of public servants to improving healthcare, helping ministries go digital, and equipping journalists to tell stories that matter, our work is making governments work better for citizens and communities across Africa.”
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