General News
Zain Nigeria Appoints new Officers
Mobile telecommunications operator, Zain Nigeria has announced key appointments in the company’s commercial, operations and human resources directorate as part of its effort to strategically diversify and strengthen its leadership for a crucial challenge for the top spot of the telecom market.
The newly appointed officials are Khaled Khorshid, Shamel Mohamed Hanafi and Jubril Saba. Khorshid will take charge of the Operations Group, formerly headed by Lars Stork, while Hanafi and Saba will have responsibility for the Commercial Group and Human Resources Directorate respectively. Hanafi and Saba take over the responsibilities previously handled by Norman Moyo, a Zimbabwean and Roy Masamba, another Zimbabwean, both of whom have taken up new appointments in Zain Group Headquarters in Bahrain.
According to Bayo Ligali the chief executive officer of Zain Nigeria, the appointments are strategic to the implementation of Zain Group’s Drive 2011 initiative, which is aimed at realizing the objective of becoming one of the top 10 global telecommunications companies.
“I have no doubt that the newly appointed executives have the right kind of experience and competence to lead the company in the great task of building a world class network which is capable of delivering the highest possible quality of service to our customers”.
Speaking specifically of Jubril Saba, Ligali declared that “this is another demonstration of Zain’s commitment to promoting from within young Nigerians with the right leadership capabilities and a demonstrable track record of excellent performance identified through the company’s Talent Management and Leadership Development processes”.
Khorshid, the new chief operating officer brings to Zain Nigeria 18 years experience in Information Technology and Telecom fields. He started his career in North America with leading consulting firms EDS and Accenture in systems integration and management consulting. For 10 years, he participated and managed large consulting projects for Fortune 100 companies including giant telecom operators like AT&T, Cable & Wireless, and SBC Communications.
Khorshid joined Zain Nigeria in January 2009 as the head of operation with direct responsibilities for Network, Information Technology, Customer Service, and Project Management Office. He is also an additional responsibility of leading the transformation of the company’s culture, aligning it with Zain brand values: Heart, Radiance and Belonging.
Shamel Mohammed Hanafi, the chief commercial officer is an experienced telecom executive with specialization in commercial and operational management. He has over 15 years of professional experience split between customer-centric hospitality industry and the fast paced, competitive telecommunications industry.
Prior to joining Zain Nigeria, Hanafi was the chief commercial officer of Zain Iraq, where he was responsible for stringent management of distributors to attain quarterly and year-end sales targets, restructuring and integration of distribution channels of operations, re-engineering of an integrated commission scheme and re-branding of IraQna to Zain Iraq.
He was also responsible for managing and overseeing all aspects of sales, marketing, communications, customer services, business development, quality control and logistics within his professional domain.
A consistent strong performer, Hanafi was a member of the Zain team that overcame several challenges in establishing and operating the GSM licence in Iraq, a war ridden environment. As one of the first expatriates in Iraq, he ensured that the Zain group objective of creating a team that would succeed and move the business forward in the unstable environment was achieved.
Aside Zain Iraq, Hanafi has played key roles in other leading telecommunications organisations. Between October 2004 and November, 2007, he was the Vice President/Chief Commercial Officer of Orascom Telecom in Iraq. In this role in Orascom, he was a key driver behind the strategic commercial roadmap of the business just as he was primarily responsible for delivering all commercial Key Performance Indicators within the operation.
He also held the position of Director of Sales, Orascom Telecoms from October 2003 to October, 2004. Prior to which he was Commercial Development and Support Director in Orascom, Tunisia (OTT) – Tunisiana. In this role he had the responsibility of establishing all commercial reporting, analysis, training, logistics, merchandising, remuneration and commissioning system for both distributors and OTT’s direct sales force. He was also responsible for establishing the structure to manage the entire sales logistics, in addition to developing corporate sales with a direct sales team.
Hanafi’s exploits in the telecommunications domain began in March, 2000 when the Egyptian Company for Mobile Service (ECMS) –MobiNil (Orange/France Telecom & Orascom Venture) appointed him as Regional Sales Manager. He had the responsibility of defining the branding policy, Customers Centres & merchandizing material needs layout, introducing budget-Tracking tool of the National Sales Department, driving targets for 90 customer centres throughout Egypt with total head count of 600 persons in the National Sales Department and creating strategic and business plan for Mobinil Customer Centres.
Abdullahi Jubril Saba, the new human resources director, brings to the job varied experience in Customer Care Management and Training & Development.
A graduate of Electrical Engineering from the Federal University of Technology, Akure, Saba joined Zain Nigeria as Customer Care Representative and later rose to the position of Training & Development Manager before he was transferred to the Human Resource Group where he was given the responsibility of leading the Learning & Talent Management Division. He was later assigned to the Technical Group as Human Resource Manager, a position he held until his recent appointment.
He is currently pursuing an MBA in Business Administration at the Manchester Business School, University of Manchester, United Kingdom. He is a member of the Society for Human Resource Management (SHRM) and a certified Global Professional (Human Resources).
General News
MTN Graduates 20 Fellows, Expands Media Innovation Programme

MTN Nigeria, in partnership with Pan-Atlantic University (PAU), marked a significant milestone in advancing Africa’s media landscape with the graduation of 20 Fellows from the MTN Media Innovation Programme (MIP) Cohort 4 held at the Lagos Business School.

MTN
The ceremony celebrated excellence, resilience and forward-thinking storytelling, while also announcing the programme’s expansion into a Pan-African edition beginning next year.
The six-month programme, known for its rigorous coursework, demanding schedule and strong emphasis on critical thinking, included an international study visit to South Africa that broadened participants’ understanding of media innovation across the continent.
The graduation event acknowledged the Fellows’ commitment to completing the intensive journey while strengthening their capacity to influence the future of African media.
Dr. Ikechukwu Obiaya, Dean of the School of Media and Communications, PAU, commended the Fellows for their persistence throughout the programme. “In some moments, it was pretty grueling for some of you, but you made it. You are here, and I congratulate you,” he said.
“He encouraged them to see the graduation as a new beginning, adding, “We have so much to do, and each one of us is best positioned now to make that transformation.”
Tobe Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria, congratulated the cohort on successfully completing the six-month programme and reaffirmed MTN’s long-term vision for the initiative.
He said, “Congratulations on completing this journey. You are joining a network of professionals who are committed to elevating the media landscape in Nigeria and beyond.
“The future of this programme depends on your impact. This cohort represents the outcome we envisioned when the journey began. Today, the programme is not only thriving but also expanding.”
He further announced that the Pan-African edition of the programme will be launched in 2026, providing media professionals across the continent with the same level of immersive training and unique exposure experienced by the Fellows.
A key highlight of the event was MTN Nigeria’s presentation of ₦2.5 million in cash prizes to Fellows whose projects demonstrated exceptional innovation, depth of research and alignment with the programme’s ethos of impactful storytelling. The awards were presented by Chineze Gbenga-Oluwatoye, General Manager, Corporate Affairs, MTN Nigeria, and Odunayo Sanya, Executive Director, MTN Foundation.
Vanessa Ukamaka Richard Bassey, Head of Programmes, Sparkling 92.3 FM, Calabar, emerged as the top winner, receiving ₦1 million for the MTN Foundation Chairman Award for Innovative Reportage and another ₦1 million for the MTN Chairman’s Prize for Innovation. Sharing her experience, she said, “It’s been a training ground. It has opened me up to new things and made me more confident. There’s something about knowledge and information and exposure to your mind and to your esteem. After today, I know there’s nothing to be afraid of.”
Abolaji Adebayo received ₦500,000 for the MIP Cohort 4 Best Report, recognised for its clarity, depth and relevance to national discourse.
Several Fellows shared how the programme has reshaped their careers. Adekeye Ayobami of Abamimigo FM described the programme as arriving at the perfect moment, aligning with his recent career elevation.
Ubani Amarachi of Channels TV highlighted the value of the South Africa trip, noting that it transformed her approach to telling African stories and reinforced her belief that graduation marks the beginning of greater responsibility and impact.
The graduation of the MIP Cohort 4 Fellows, coupled with the announcement of the Pan-African edition, reinforces MTN Nigeria’s long-standing commitment to strengthening the media ecosystem through education, exposure and innovation.
The partnership between MTN Nigeria and Pan-Atlantic University continues to serve as a catalyst for developing media professionals equipped to shape narratives, advance societal progress and drive meaningful change across Africa.
General News
FirstCap Acts as Joint Issuing House on Veritasi Homes & Properties Plc’s ₦30 Billion Bond Programme

FirstCap Limited, a premier investment banking business and a wholly owned subsidiary of FirstHoldCo Plc, acted as Joint Issuing House and Placing Agent on the Veritasi Homes & Properties Plc’s Series 1 Bond of ₦10 billion under its ₦30 billion Bond Programme duly registered with the Securities and Exchange Commission (SEC).

The Bond Programme is designed to support the development of Project Oyster Towers, located within Eko Atlantic City. Proceeds from the Series 1 Bond issuance are expected to be applied towards the construction of 30 luxury residential units, forming part of an 82-unit residential development comprising one-bedroom, two-bedroom, and three-bedroom apartments.
Veritasi Homes & Properties Plc is an indigenous real estate development company with operations across Lagos State and the Federal Capital Territory, Abuja, and a growing track record in the delivery of residential real estate projects in Nigeria.
Commenting on the transaction, Ukandu E. Ukandu, Managing Director/Chief Executive Officer of FirstCap Limited, stated:
“We are proud to partner with Veritasi Homes & Properties Plc on this important transaction. The establishment of the ₦30 billion Bond Programme reflects our commitment to mobilising capital for the real estate sector, which remains a key driver of Nigeria’s economic growth. Project Oyster Towers exemplifies the future of luxury and sustainable living in Nigeria, and this transaction reinforces FirstCap’s role as a trusted advisor in major corporate finance initiatives.”
FirstCap’s involvement in the Bond Programme further reinforces our dedication to supporting the growth of the Nigeria’s real estate sector. The successful execution of this transaction highlights the depth of expertise within our capital markets team and our role in supporting issuers in accessing long-term funding solutions aligned with their strategic objectives.
By continuing to connect capital providers with high-impact infrastructure projects such as Project Oyster Towers, we remain committed to driving economic development and delivering long-term value for all stakeholders, Ukandu added.
General News
NITDA DG Calls for Innovation-Led Economic Rebirth @ Kano Startup Weekend

Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has called for a fundamental shift in Kano State’s economic strategy, urging stakeholders to embrace innovation, technology and collaboration as the drivers of growth in the 21st century.

Speaking at the Kano Startup Weekend, Inuwa acknowledge Kano’s long-standing reputation as the commercial nerve centre of Northern Nigeria and the wider Sahelian region, noting that its history of trade, enterprise and human capital provides a solid foundation for future growth.
He emphasised that while these strengths powered Kano’s success for centuries, the modern economy now offers even greater opportunities through innovation and technology.
He described innovation as the process of transforming ideas into impactful solutions through commercialization, stressing that when ideas are effectively deployed, they create value, solve societal challenges and generate sustainable economic growth. He noted that Kano’s large market, strategic location and vibrant entrepreneurial culture place it in a strong position to take advantage of innovation-driven opportunities.
According to him, “Innovation is the process of taking an idea from inception to impact. Invention on its own is a cost centre, but when you commercialise an idea, when you turn it into a product or service that solves a real problem and creates value, that is when you begin to drive economic growth and inclusion.”
He noted that the state hosts numerous degree-awarding institutions across federal, state and private ownership, providing a strong base for human capital development. However, he expressed concern that these institutions often operate in isolation from industry, with research outputs rarely translating into commercial or industrial applications.
He explained that innovation does not happen in silos and stressed the need for a strong, interconnected ecosystem that brings together academia, industry, startups, entrepreneurs and government.
According to him, universities should conduct research informed by industry needs, industries should leverage research to improve productivity and competitiveness, and startups should serve as the bridge that converts ideas into market-ready solutions.
He further encouraged entrepreneurs to leverage technology to build businesses that can grow beyond local markets, explaining that innovation-driven enterprises have the power to scale rapidly, create jobs and position Kano competitively at both national and global levels. According to him, digital platforms and emerging technologies now make it easier for startups to reach wider markets and develop solutions that were previously unimaginable.
“You can start your business here in Kano, but your thinking must be global from day one. Technology has removed barriers. With the right skills and platforms, a startup in Kano can build solutions that serve not just Nigeria, but the world,” he noted.
Highlighting NITDA’s ongoing interventions, the Director General outlined the Agency’s commitment to building national innovation capacity through targeted human capital development programmes. He cited the Digital Literacy for All (DL4ALL) initiative, which aims to equip Nigerians across all segments of society with essential digital skills, and the 3 Million Technical Talents (3MTT) programme, designed to produce a pipeline of globally competitive technical professionals in areas such as software development, data analysis and emerging technologies.
He said, “Through DL4ALL, we are ensuring that Nigerians at all levels have the basic digital skills needed to participate in the digital economy, while 3MTT is deliberately building a pipeline of globally competitive technical talents who can drive innovation, create jobs and attract investment.”
He explained that these programmes are key pillars of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises skills development, innovation, job creation and inclusive economic growth as pathways to national prosperity. According to him, empowering Nigerians with digital and technical skills is essential for building a resilient economy capable of competing in the global digital landscape.
“President Tinubu’s Renewed Hope Agenda is about investing in people, empowering them with relevant skills and creating opportunities for inclusive growth. At NITDA, we are using digital skills and innovation as tools to translate that vision into real economic impact for Nigerians,” he said.
Inuwa urged all stakeholders in Kano to work together to build a functional innovation ecosystem that can unlock the state’s vast potential. He expressed confidence that with the right mindset, strong collaboration and sustained investment in digital skills and innovation, Kano can reclaim its historic leadership role and emerge as a major innovation and entrepreneurship hub in Nigeria and beyond.
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