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Sulaiman, Onuegbu, Others Make Board of Lagos Angel

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Lagos Angel Network (LAN), a  “not for profit” entity that was formally incorporated in May 2015, for the purpose of organizing individual Business Angels to collectively invest in the most promising start-up businesses in Lagos has announced the appointment of its inaugural Board of Directors comprising of seasoned industry experts and professionals.

Adedotun Sulaiman, board’s chairman is a renowned management consultant and expert in organizational development, enterprise transformation and business process reengineering.

He retired as the country managing director of Accenture in 2005 and currently chairs the board of several companies with a major emphasis on the emerging electronic payments industry and companies in the entrepreneurial stage.

Collins Onuegbu who is the director in charge of Partnership & Sponsorship is founder and Executive vice chairman of Signal Alliance Limited, a leading player the Nigerian technology industry.  He is also founder of SASWARE, a technology investment company that provides seed investment to early stage startups in the technology industry.

David Richards is the Memberships Director and a professional banker with several decades of experience across Africa.

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He co-founded Midas Merchant Bank and was its first Managing Director and was also the first Finance Director of the Niger Delta Exploration Company a position he held until his retirement in 2008.  He is a specialist in raising venture capital for the Manufacturing, Mining, and Oil & Gas industries. 

Dipo Adebo is Director responsible for the network’s Processes, Procedures & Compliance with best practices. He is the founder of DAA Architects, which specializes in Hospitality and Retail Design.

He has undertaken several for major hotel management chains including Accor, Golden Tulip, Rezidor, and Hilton. He is a well-respected Architect of Record for several major developments across Nigeria.

Tokunboh Ishmael who is responsible for the network’s Financial Management practices is a co-founder and Managing Director of Alitheia Capital, an investment management and advisory firm.

She has advised on several acquisitions and also successfully raised over USD50m in funding in her previous roles as Managing Director of Avante Capital  and Country Partner for Aureos Capital.

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Segun Olukoya is Programmes Director with responsibility for co-ordinating the LAN Secretariat.

He is a Partner and member of the founding team at Nextzon Business Services who specialises in corporate and competitive strategy development, business planning and set up with a focus on corporate governance and organizational restructuring.

He is a member of the Investment Committee of the Vantage Guaranteed Income Fund and also sits on the Board of One Credit Limited.

’Tomi Davies is the Director responsible for Awareness, Education and International Relations. He is the founder of TVC Labs, a technology business incubation organisation and has been involved in the world of information and communications technologies for over 30 years.

He sits on the Boards of various companies including Sproxil Nigeria, Baas Online Properties, MBO Capital, Strika Entertainment, TechnoVision Communications, MoMo Academy and PeoplePrime. He is also the founding President of the African Business Angel Network (ABAN). 

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According to Mr Sulaiman, who chairs the board, “We have pulled together a unique team of pioneers who will bring their knowledge, practical experience, passion and networks to support the realisation of our mission.  We are in this for the long haul and have no doubt that our efforts will lead to the emergence of several transformational Nigerian businesses that will go on to become pan African champions in their chosen fields.”


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AfCFTA Urges Africa to Stop Exporting Raw Materials

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Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.

According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.

“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.

Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.

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“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.

She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.

Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.

“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.

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Cisco Explores AI for Nigeria Farmers

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Cisco is exploring artificial intelligence (AI)-powered solutions to support smallholder farmers in Nigeria, as part of efforts to expand digital inclusion and technology adoption.

The initiative focuses on improving agricultural productivity through accessible, data-driven tools.

The move aligns with growing collaboration between Nigeria and the United States under the Commercial and Investment Partnership, which prioritises the digital economy, agriculture and infrastructure.

Speaking at the 2026 World Business Chicago, Brian Tippens, chief social impact and inclusion Officer at Cisco, said the company is assessing practical AI applications to help farmers combine local knowledge with data insights.

He said Cisco is exploring tools such as AI-enabled WhatsApp communities, geospatial mapping and weather intelligence to support day-to-day farming decisions.

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The approach reflects a shift towards low-cost, mobile-first solutions suited to rural environments.

Tippens added that the Cisco Foundation is investing in early-stage startups developing technologies for local agricultural challenges.

Industry analysts note that AI adoption in emerging markets depends on locally relevant solutions, rather than large-scale enterprise deployments alone.

Beyond agriculture, Cisco plans to expand digital skills development in Nigeria through programmes such as the Cisco Networking Academy’s One Million Learners initiative.

Tippens said the programme also supports partnerships with organisations working with persons with disabilities, including those developing tools for people with visual impairments.

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He added that Cisco’s social impact strategy aims to improve access to technology and promote inclusion, including in conflict-affected regions such as Borno State.

Cisco’s initiatives form part of broader efforts to link digital skills, connectivity and AI adoption to economic development in Nigeria.

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FG launches AI capacity-building programme for 11,700 unity schools teachers

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Federal Government has launched a nationwide Artificial Intelligence (AI) capacity-building programme for teachers in Federal Unity Colleges, with about 11,700 educators set to acquire digital skills aimed at improving classroom instruction and preparing students for a technology-driven future.

FG launches AI capacity-building programme for 11,700 unity schools teachers

The initiative advanced with the signing of the Terms of Reference (ToR) between the Federal Ministry of Education and ICEDT Consult Limited, paving the way for the nationwide implementation of the AI Teacher Capacity Development Programme.

The programme, to be implemented through the ministry’s Education Support Services Department, is part of the Federal Government’s efforts to modernise Nigeria’s education sector, strengthen teacher professionalism and equip students with skills required in the digital economy under President Bola Tinubu’s Renewed Hope Agenda.

Speaking during the signing ceremony in Abuja, the Director of the Education Support Services Department, Gabriel Amudipe, described the initiative as a strategic investment in Nigeria’s teaching workforce and the future of education.

He said the nationwide rollout followed the successful completion of a pilot phase conducted in selected Federal Unity Colleges.

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According to him, the implementation model developed by ICEDT Consult Limited will ensure effective coordination and quality delivery of the programme across the country’s six geopolitical zones.

Amudipe urged officials responsible for monitoring the project to ensure strict compliance with the implementation guidelines and maintain the standards achieved during the pilot phase.

“The ministry remains committed to supporting innovative initiatives that strengthen teacher professionalism, improve learning outcomes and promote the responsible integration of emerging technologies into education,” he said.

Earlier, the Deputy Director of the Education Support Services Department, Oladele Fapohunda, described the programme as a strategic intervention designed to deepen digital innovation across Federal Unity Colleges.

He stressed that collaboration among all stakeholders would be essential to achieving the objectives of the initiative nationwide.

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Also speaking, the Head of Strategic Partnerships and Learning Scientist at ICEDT Consult Limited, Dr Abdulrahman Orosanya, said the Federal Government approved the national rollout after the successful pilot implementation in six Federal Unity Colleges representing Nigeria’s six geopolitical zones.

According to Orosanya, the pilot demonstrated the potential of Artificial Intelligence to improve lesson planning, classroom delivery, assessment methods and teachers’ productivity.

He said the nationwide implementation would strengthen teachers’ digital competencies, improve instructional delivery and support the government’s vision of building a technology-driven education system capable of producing globally competitive graduates equipped with 21st-century skills.

The ceremony ended with the formal signing of the Terms of Reference by officials of the Federal Ministry of Education and ICEDT Consult Limited, signalling the commencement of preparations for full implementation across all Federal Unity Colleges.

The ministry said the programme would directly train about 11,700 teachers, while thousands of students across the country’s Federal Unity Colleges are expected to benefit through improved classroom instruction, increased digital innovation and the responsible application of Artificial Intelligence in teaching and learning.

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It reaffirmed its commitment to working with relevant stakeholders to modernise Nigeria’s education system, improve teacher quality and deliver inclusive, equitable and future-ready education nationwide.

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