News
Leo Stan Ekeh Foundation Supports YUBOSS with N1.5Bn

The Leo Stan Ekeh Foundation which focuses on promotion of 21st century knowledge through quality education, practical entrepreneurship, healthy living and enhanced lifestyle has committed a whopping N1.5B to support YUBOSS – an entrepreneurship and wealth creation scheme set up by pioneer composite retail chain Yudala supported by Access Bank and Airtel.
The official unveiling of the ground-breaking YUBOSS scheme by Senator Chris Ngige, minister of Labour and Productivity, is scheduled for 6pm this Friday at the Sheraton Hotel Abuja, as part of activities at the Yudala Zero Gravity Contemporary Music Concert which will feature leading artistes such as Phyno, Naeto C, Cynthia Morgan and David Grey, among others.
YUBOSS is a credible platform powered by Yudala for hard working Nigerian youths with the right business mindset and creative energy to become their own bosses and certified billionaires in the near future without being indebted to any bank.
YUBOSS members are entitled to attractive commissions and credit facilities as well as a wide range of benefits including business mentorship sessions and capacity-building workshops.
The scheme is structured to see members rise through the ranks and ultimately become the part-owner of a Yudala franchise store when they achieve platinum status.
According to Mrs. Ibukun Toluwase, head of Wealth Creation department of the Foundation – the sum of N500m will be disbursed to qualified agents of Yudala in the first 12 months’ interest free and those who perform exceptionally well, will benefit from an additional investment of N10m each, interest free for at least two years before repaying the capital.
The Foundation’s strategy is to partner indirectly with practical entrepreneurs who will not rely on banks to create billions, especially in this period when our banks are very reluctant to lend.
“The aim is to use a successful platform such as Yudala Online and Offline retail stores located nationwide to build up quality entrepreneurs who can create, defend and sustain wealth even during disruptive periods such as the one we are passing through at the moment. All qualified YUBOSS members will be fully documented, trained and mentored by Mr. Ekeh himself. Already, we have installed digital infrastructure like Video Conferencing and other smart devices in major cities like Abuja, Port Harcourt, Imo and Lagos, among others to make online interaction live. We intend to achieve this in all state capitals for easier mentoring.
“With these in place, the interactions with these YUBOSS agents will take place once a month, irrespective of Mr. Ekeh’s location in the world. He will also engage physically with the agents every six months. The strategy is to create future strategic disruptive entrepreneurs who will become versatile in technology products, essential commodities and other lifestyle products in the country. This is the ambition of the Leo Stan Ekeh Foundation which has in the past 20 years quietly invested in quality education for youths, employment generation, strategic funding and support for informed but handicapped businesses and churches, among others,” she said.
Continuing, Mrs. Toluwase disclosed that: “This special funding which is focused on supporting practical entrepreneurs for a period of four years will help qualified persons effortlessly pay for products and services and it is our hope that within this period of four years, a good percentage of them will be rated as quality citizens of Nigeria. Like you know, we are not just trying to throw hard-earned money away. It is the desire of the founder to possibly grow one quality entrepreneur in each of the 774 Local Government areas that make up Nigeria. But you have to earn it to be qualified.”
Concluding, she said the Foundation’s strategy is to use credible platforms to support Nigeria and Nigerians.
“This is a spiritual commitment of the Founder who despite having companies in three continents, is a firm believer that Nigeria created the foundations for his little success in business.”
News
Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.
Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.
Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.
To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.
Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.
“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”
The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.
“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.
News
Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt
Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.
GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.
Individuals owe N13.5 million to N35 million each.
Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.
More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.
Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.
Pedro urged prompt filings and payments.
News
Beware of Fake Cerelac Products – NAFDAC

National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians on counterfeit and unregistered Cerelac Mixed Fruits and Wheat products being sold in Lagos.

NAFDAC said Nestle Nigeria, the genuine Marketing Authorisation Holder of the product, received a complaint of suspected counterfeit purportedly manufactured by Nestlé Spain, bearing Batch Code 308002910.
It said that Nestle Nigeria reported that the complainant described that the counterfeit product emitted an odour suggestive of possible contact with fuel.
NAFDAC said that preliminary review of the product by Nestle Nigeria indicated that it had expired, in spite of the container displaying an expiry date of 10-2026, which suggested that the date coding had been tampered with (revalidated).
Nestle Cerelac Mixed Fruits and Wheat is a nutritious infant cereal, designed to be a delicious first food for infants.
NAFDAC said that its post-marketing surveillance’s directorate officers in Lagos conducted a surveillance visit to Maxland Shopping Centre, 193 Ago Palace, Okota, where the product was purchased by the complainant.
It added that the suspected counterfeit and unregistered Cerelac were found on sale at the premises and subsequently mopped up, while Nestle assisted in identifying the distinguishing features between registered and unregistered product.
According to the regulatory agency, Nestle revealed that the unregistered product used a hyphen (-) to separate the day from the year, while the registered product used a slash (/) to separate the day from the year.
“It is important to note that Nestle Nigeria is not aware of the channels through which the products are supplied into the country.
“Healthcare professionals and consumers are advised to report any suspicion of the sale of substandard and falsified regulated products to the nearest NAFDAC office, call 0800-162-3322, or send an email to [email protected],” NAFDAC said.
The agency warned that counterfeit formula often lacked essential nutrients, vitamins and minerals, leading to stunted growth or developmental issues.
It said that such formula might also contain contaminants that might lead to severe health consequences to infants or even death.
NAFDAC reiterated its commitment to safeguarding public health adding that it would continue surveillance activities to ensure the quality, safety, and efficacy of all NAFDAC-regulated products circulating in Nigeria.
It said that all zonal directors of the agency and state coordinators had been directed to carry out surveillance and mop up the revalidated product, if found within the zones and states.
The agency urged distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain, to avoid the distribution, sale, and use of fake products.
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