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18th Edition of CFA’s Startups Hangout Comes Up on February 27; Set to teach Startups how to scale up

By Wale Oguntokun
The 18th edition of CFA’s Startups Hangout, slated for Wednesday, February 27, 2019, promises to be a burden-breaker for many upcoming Startups.
This is because, the theme that the guest speakers will be speaking on, ‘From Startup to Scale up – The Whole 9 Yards’, has always been the albatross of many Startups all over the world.
The inability to scale up by many Startups is the real reason why many Startups die off before the celebration of their 5th anniversary.
The 18th Edition of CFA’s Startups Hangout is set to change that narrative, as it brings in two successful entrepreneurs that have passed through the process of starting up and running successful business concerns that have scaled.
The distinguished invited speakers are Mazi Sam Ohuabunwa, Managing Consultant, StarTeam Consult and Aramide Abe, Founder, Naija Startups.
“We believe that Startups are a powerful tool for creating thriving and prosperous communities and they need to be assisted in every way possible to grow and scale.
“That is why we are bringing in these successful and experienced entrepreneurs to show Startups the path to success too”, Chukwuemeka Fred Agbata Jnr, CFA, the convener of CFA’s Startups Hangout, who is also a Co-Founder of GoDo.ng and Presenter of Tech trends on Channels television, explained.
Mazi Sam Ohuabunwa led the Management buy-over of Pfizer Inc shares in Pfizer Products Plc, transforming the resultant company- Neimeth International Pharmaceuticals Plc into a medium-sized Nigerian R&D Based Pharmaceutical company.
He voluntarily retired from the company after 33years service in the industry, 18 years of which were at CEO level.
He is also a past Chairman, Nigerian Economic Summit Group, past President, Nigeria Employers Consultative Association, past Chairman, Manufacturers Association of Nigeria, Ikeja, past President of the Nigerian American Chamber of Commerce and founded the Sam Ohuabunwa Foundation for Economic Empowerment in 2009.
He is also the current President of the Pharmaceutical Society of Nigeria, PSN.
Aramide is a digital media professional, entrepreneur and Founder of Naija Startups, a virtual sector-agnostic startup accelerator and entrepreneurship community, which has a vision to facilitate small business growth in Sub-Saharan Africa. She had also worked in IT consulting and marketing, as well as strategy implementation in the financial sector.
The mission of her outfit, Naija Startups, is to help build sustainable businesses across Africa via providing access to investors and vice-versa, Startup Talent sourcing, proffering shared services, (e.g. legal, HR accounting), and skills and capability building for the entrepreneurs.
There is no doubt that attendee Startups are definitely going to gain a lot of experience from these two unique personalities at the 18th Edition of CFA’s Startups Hangout this February, which they can subsequently utilize in growing their business.
Some of the past speakers that have been featured in past CFA’s Startups Hangout, are prominent successful Nigerian Entrepreneurs, such as John Obaro, Managing Director of SystemSpecs, (Remita), Jane Egerton-Idehen, Country Manager, Avanti Satellite Communications, Wale Ajisebutu, Vice Chairman/CEO, 21st Century Technologies, RDF, Austin Okere, Founder, CWG, Banke Alawaye, Country Manager, Praekelt, Chinenye Mba-Uzoukwu, CEO, InfoGraphics, Afolabi Abiodun, CEO, SB Telecoms and Devices, Bolaji Finnih, CEO, TechPreneur Africa and Ommo Clark, CEO, iBez Solutions.
Others are Nadu Denloye, PhD, Co-Founder of Telnet and Director,CDNet, Deepankar Rustagi, the Co-founder, VConnect, Adeoye Abodunrin, ED,Xpos Technologies, Simeon Ononobi, Co-Founder, MyAdsGlobal, Helen Anatogu, CEO and Founder, iDea Nigeria, and Yele Okeremi Founder of Precise Financial Systems and many others.
Remita, Swift Networks, Zinox, CFAmedia.ng, NiRA, AskAnExpert and GoDo.ng are partnering with the CFA’s Startups Hangout to ensure that the 18th Edition is successfully hosted.
Media partners for the 18th Edition of CFA’s Startups Hangout also include, Guardian Tech, NigeriaCommunications Week, Connectnigeria, Techeconomy.ng, ITPulse, Cyber Africa, Technext.ng and CFAmedia.ng
Limited seats are available; register early, to book for a seat at the event.
You can register for the 18th Edition of CFA’s Startups Hangout @ https://startups.cfamedia.ng/
News
Stakeholders Applaud NiRA’s Leadership in Strengthening Nigeria’s Internet Infrastructure

The Nigeria Internet Registration Association (NiRA) successfully convened its 18th Annual General Meeting (AGM), bringing together key stakeholders from across Nigeria’s internet, technology, and business ecosystem following the successful conclusion of its Annual General Meeting (AGM) held at Radisson Blu Hotel Ikeja.

The meeting, marked by robust participation from members, policymakers, industry leaders, and civil society representatives, centred on NiRA’s continued performance, strategic direction, and the imperative of deepening Nigeria’s digital identity through the .ng country code top-level domain (ccTLD).
Attendees at the AGM gave a resounding commendation to NiRA’s leadership and management team for their steadfast commitment to managing and sustaining the .ng domain registry. Members praised the Association for delivering operational excellence, maintaining registry stability, and driving meaningful growth in an increasingly competitive digital landscape.
NiRA was specifically recognised for its efforts in strengthening Nigeria’s digital ecosystem providing a secure, reliable, and trusted infrastructure that underpins online identities for businesses, institutions, and individuals across the country.
Members highlighted the Association’s resilience in the face of global and local headwinds, noting that its consistent performance has reinforced confidence in Nigeria’s internet governance framework.
Stakeholders reaffirmed the strategic importance of the .ng domain as more than a technical resource it is a sovereign national asset and a cornerstone of Nigeria’s digital identity. With Nigeria ranking among Africa’s largest internet markets, the .ng domain represents a critical enabler of economic growth, digital commerce, and institutional credibility.
The AGM underscored that every Nigerian business, public institution, and innovator operating online has both an opportunity and a responsibility to adopt the .ng domain as their primary digital address reinforcing national identity while contributing to the growth of a locally anchored internet ecosystem.
A significant outcome of the AGM was a unified call from stakeholders for stronger policy intervention to drive the adoption of .ng domains among Nigerian businesses. Participants emphasised that organic growth, while encouraging, must be complemented by deliberate institutional frameworks that make .ng the default choice for new and existing businesses.
Stakeholders specifically called for enhanced collaboration between NiRA and the Corporate Affairs Commission (CAC), urging the integration of .ng domain registration into the business incorporation and renewal process. Such alignment, members argued, would create a seamless pathway for businesses to establish their digital presence under a Nigerian domain from inception.
Additional recommendations included the development of government-backed policy frameworks that incentivise .ng adoption, the creation of regulatory guidelines that recognise .ng as a standard for digital credibility, and public sector leadership in adopting .ng domains to signal confidence in Nigeria’s digital infrastructure.
Executive Perspectives
Mr. Adesola Akinsanya; President, Nigeria Internet Registration Association (NiRA), said: “.ng is more than a domain it is Nigeria’s digital identity. Our focus remains on strengthening trust, driving adoption, and ensuring that Nigeria fully benefits from its internet ecosystem. Every organisation that registers under .ng is not just building a website; they are investing in the sovereignty and credibility of Nigeria’s presence in the global digital economy.”
Mrs. Oluwaseyi Onasanya; Chief Operating Officer (COO), NiRA, noted: “We have continued to build a resilient and secure registry that supports businesses, innovators, and institutions across Nigeria. Our priority is to deepen adoption, expand our stakeholder base, and create greater value throughout the .ng ecosystem. The growth trajectory we are on reflects the hard work of our team and the trust our members continue to place in us.”
Mr. Biyi Oladipo; Member, Board of Trustees, NiRA, stated: “The Nigeria Internet Registration Association as a model multi-stakeholder institution that has sustained effective collaboration with government over the years. He noted that this approach reflects a strong and successful framework, positioning Nigeria more prominently on the global digital map.”
Mr. Muhammed Rudman; Past President, NiRA, said: “Adoption of .ng among new businesses must be driven through policy and institutional alignment. The frameworks already exist what is needed is coordinated political will and cross-agency collaboration to translate intent into action,”
Looking ahead, NiRA outlined an ambitious agenda focused on expanding public awareness of the value of .ng domains, deepening partnerships with government agencies, financial institutions, and the private sector, and accelerating digital economy participation among Nigerian businesses.
The Association reaffirmed its commitment to investing in infrastructure resilience, cybersecurity, and stakeholder education ensuring that the .ng registry remains a world-class, trusted foundation for Nigeria’s digital future. NiRA also signalled its intent to lead strategic conversations at regional and continental levels, positioning Nigeria as a model for internet governance in Africa.
As Nigeria accelerates its digital transformation agenda, NiRA stands as a steadfast pillar in the nation’s internet ecosystem. The Association’s unwavering commitment to excellence, governance, and stakeholder value positions it not only as the custodian of Nigeria’s domain registry, but as a strategic partner in building a prosperous, inclusive, and globally competitive digital economy.
NiRA remains resolute in its mission to drive .ng adoption, champion internet governance, and ensure that Nigeria’s digital infrastructure continues to serve as a launchpad for innovation, investment, and national development.
News
FG Owes World Bank $2.08Bn in 2025 – Report

Nigeria’s debt to World Bank’s International Development Association (IDA) rose by $2.08 billion in one year to $19.89 billion as of December 31, 2025, according to an analysis of external debt stock data released by the Debt Management Office (DMO).

The figure represents an 11.7 per cent increase from the $17.81bn owed to the global lender as of December 31, 2024.
So-called IDA is a member of the World Bank Group, headquartered in Washington, D.C. offering concessional loans and grants to the world’s poorest developing countries.
According to the report, Nigeria’s total debt to the IDA rose to roughly $18.2 billion to $18.7 billion by the end of 2025, making it the third-largest borrower globally from the IDA, behind Bangladesh and Pakistan.
DMO data showed that Nigeria’s IDA debt rose from $16.56 billion in 2024 to $18.51 billion n in 2025, an increase of $1.94 billion or 11.73 per cent.
International Bank for Reconstruction and Development (IBRD) exposure also increased from $1.24 billion to $1.38 billion, representing an increase of $141.84million or 11.41 per cent.
The increase means World Bank loans accounted for 38.36 per cent of Nigeria’s total external debt stock of $51.86 billion, as of the end of 2025.
News
World Health Summit Regional Meeting Opens in Nairobi, Focuses on Stronger African Health Systems

The 2026 World Health Summit Regional Meeting opened in Nairobi on Wednesday with a strong call for coordinated action to build more resilient health systems across Africa.

The summit, hosted by Aga Khan University in partnership with the World Health Organization (WHO), Kenya’s Ministry of Health, and the Africa Centres for Disease Control and Prevention (Africa CDC), attracted over 2,000 health leaders, policymakers, researchers, and development partners from more than 50 countries.
The meeting is themed: “Reimagining Africa’s Health Systems: Innovation, Integration and Interdependence.”
Speaking at the opening ceremony, Kenya’s President, William Ruto, urged African governments, health institutions, donor agencies, and development partners to move away from fragmented interventions and adopt system-wide reforms anchored on local ownership, strategic investment, and accountability.
Ruto said Africa must reposition itself within the global health architecture by leveraging its strengths and becoming a source of scalable health solutions rather than being viewed solely through the lens of persistent challenges.
“This imbalance is neither sustainable nor tenable. It calls for a decisive shift from fragmented, piecemeal interventions to comprehensive, system-wide transformation backed by coherent strategy, domestic and international financing, and accountable institutions,” he said.
President of the World Health Summit, Prof. Axel Pries, described the Nairobi meeting as a reflection of Africa’s growing influence in shaping global health priorities.
He said the summit was designed to convene leaders across sectors and regions to translate policy discussions into practical actions that strengthen health systems globally.
Also speaking, Prof. Lukoye Atwoli, International President of the World Health Summit Regional Meeting and Dean of Medical College East Africa at Aga Khan University, said the summit marked a shift in Africa’s role in global health governance.
“For too long, Africa has been the subject of health conversations held elsewhere. Today, African institutions, researchers, and policymakers are co-authors of global health policy,” Atwoli said.
President and Vice Chancellor of Aga Khan University, Dr. Sulaiman Shahabuddin, said despite ongoing challenges such as climate change, chronic diseases, inadequate funding, digital inequality, and workforce gaps, Africa’s health sector is increasingly better positioned to integrate systems, deploy technology, and develop talent for quality healthcare delivery.
WHO Regional Director for Africa, Dr. Mohamed Yakub Janabi, said the summit offered an important opportunity to strengthen collaboration and advance universal health coverage through robust primary healthcare systems.
According to him, discussions at the summit are expected to generate a practical blueprint for building a more coherent and integrated health ecosystem across the continent.
Kenya’s Principal Secretary for Public Health and Professional Standards, Mary Muthoni, said global health security must remain a top priority for governments.
“Global health security is not a luxury; it is a prerequisite for national stability. We must move from reactive crisis management to proactive pandemic preparedness,” she said.
Director-General of Africa CDC, Dr. Jean Kaseya, stressed the need for Africa to finance and build resilient health systems at scale to strengthen health security and reduce dependence on external support.
He said the Nairobi meeting provides a strategic platform for mobilising investments, strengthening partnerships, and advancing African-led healthcare solutions.
The summit will feature over 80 sessions focused on health financing, workforce development, digital health innovation, climate and health, and strengthening universal health coverage.
The meeting continues over the coming days with further discussions expected on emerging health challenges and long-term healthcare resilience across Africa.
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