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Tony Elumelu to Receive NPOM Award from FG

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Tony O. Elumelu
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Tony O. Elumelu, founder of The Tony Elumelu Foundation (TEF) and chairman of the United Bank for Africa Group (UBA) and Heirs Holdings, will be conferred with the National Productivity Order of Merit (NPOM) Award by the President of the Federal Republic of Nigeria, H.E. Muhammadu Buhari, in recognition of his continuous hard work and total commitment to the empowerment of youths in Nigeria and Africa.

 

The award ceremony will be held in Abuja, Nigeria on Thursday, November 28.

 

The NPOM Award was instituted by the Federal Government through the Ministry of Labour and Employment to honour deserving Nigerians in recognition of their hard work and excellence.

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In a letter from Dr. Chris Ngige, minister of Labour and Employment, stated, “The President of the Federal Republic of Nigeria has approved the conferment of the National Productivity Order of Merit Award on you in recognition of your high productivity, hard work and excellence”.

 

Elumelu is one of Africa’s leading investors and philanthropists, as well as the most prominent proponent of entrepreneurship in Africa. In 2010, he created The Tony Elumelu Foundation, a private-sector-led philanthropy empowering African entrepreneurs and championing African entrepreneurship on the continent.

 

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The Foundation’s flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 young African entrepreneurs across 54 African countries.

 

The Foundation’s mission is inspired by Tony’s economic philosophy of Africapitalism, which positions the private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.

 

Embodying this narrative in the private sector, Mr. Elumelu has built his reputation as a corporate turnaround expert.

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He is credited for leading the largest merger in corporate banking history in Nigeria, resulting in what is known as present-day UBA Group, Africa’s global bank, employing over 30,000 staff and with branches across 20 African countries, London, New York and Paris.

 

In 2010, he founded Heirs Holdings, a family-owned investment company, committed to improving lives and transforming Africa. Today, Heirs Holdings’ portfolio spans the power, oil and gas, financial services, hospitality, real estate and healthcare sectors, operating in twenty-three countries worldwide.

 

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Through Heirs Holdings, Elumelu is committed to the sustainable development of the African economy, channelling his investments and experience into improving lives across the continent, while changing the narrative of Africa.

 

Other awardees include Alhaji Aliko Dangote, Oba Otudeko, Col Hameed Ali (retd.), among other notable Nigerians.

 

 

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CIBN, ACAMB Push for Financial Inclusion, Women Empowerment

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The Chartered Institute of Bankers (CIBN) and the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) have enjoined banks to further deepen and prioritize financial inclusion, women’s empowerment and sustained growth through strategic mandates and frameworks, aimed at closing the financial gap and empowering more small, and medium enterprise (MSME) owners.

Both organisations made this call during a courtesy visit to the newly invested 24th President and Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), Dr. Dele Alabi, Ph.D, FCIB, as part of plans to congratulate him on his investiture as well as seek a stronger alliance between both bodies.

The visit followed Alabi’s investiture where he unveiled his “IMPACT” Vision, themed “Consolidating Our Local Impact, Enhancing Our Global Relevance.”

The vision rests on six pillars: Inclusion across geographic, gender, and generational lines; Membership growth and quality; Professionalism and ethics; Accountability; Competencies and skills development; Technology, automation, and innovation. Other areas of shared interest, include women empowerment, financial inclusion and literacy, as well as MSME clinics, all of which are top on his agenda.

Alabi explained that under him, the institute will be prioritising financial inclusion and women empowerment, because of its realisation that women  are often the primary financial managers and caregivers in families. Access to savings, micro-credit, and insurance acts as a safety net during crisis and allows them to significantly improve living conditions.

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He added that CIBN would be happy to drive joint knowledge sharing and exchange sessions with CBN and ACAMB across various platforms. “Educating the public through public awareness programmes, with ACAMB as the rallying point, is central to what we do,” he noted.

ACAMB President, Jide Sipe, who led the delegation, spoke in unison with the CIBN president, as he noted that, closing the inbalances in financial access help economies grow faster, reduces inequality, and encourages greater civic participation by all.

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History as Lagos Becomes First Nigerian State to Launch Greenhouse Gas Registry

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Lagos State has become the first sub-national government in Nigeria to establish a comprehensive Greenhouse Gas Registry, a move aimed at strengthening climate governance, improving emissions accountability and accelerating the state’s transition to a low-carbon economy.

History as Lagos Becomes First Nigerian State to Launch Greenhouse Gas Registry

The Lagos State Greenhouse Gas Registry (LGHGR) was unveiled at the Central Business District, Alausa, Ikeja, at a ceremony attended by Prof. Akin Abayomi, commissioner for Health, members of the State Executive Council, representatives of the Federal Ministry of Environment, development partners, TPHG Technologies, the diplomatic and business communities, academics, civil society organisations and the media.

Describing the initiative as a landmark achievement in the state’s environmental sustainability drive, Dr. Babatunde Ajayi, general manager of the Lagos State Environmental Protection Agency (LASEPA), said the Registry marks a defining moment in Lagos’ climate action journey and reflects Governor Babajide Sanwo-Olu’s commitment to building a resilient, climate-smart and environmentally sustainable economy.

According to Ajayi, the digital platform will enable the state to accurately measure, monitor, report and verify greenhouse gas emissions across key sectors, providing credible data to guide environmental policies and climate interventions.

He said the Registry would strengthen evidence-based decision-making, improve transparency and accountability, support national and international climate reporting obligations, unlock carbon market opportunities and boost investor confidence in Lagos’ environmental initiatives.

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Ajayi also commended TPHG Technologies for providing the technical expertise that made the pioneering project possible.

Delivering the keynote address, Prof. Abayomi described the Registry as a major milestone that positions Lagos at the forefront of climate governance and emissions accountability in both Nigeria and Africa.

He noted that climate change has evolved into a significant public health and governance challenge, stressing that access to reliable emissions data would enable the state to formulate evidence-based policies, attract climate financing, strengthen resilience and accelerate its transition to a low-carbon economy.

Providing insights into the technical framework of the project, Dr. Mofoluso Fagbeja, lead consultant and chief executive officer, TPHG Technologies, explained that the Registry was developed from the greenhouse gas inventory jointly undertaken by LASEPA and TPHG Technologies in 2022, using 2019 as the baseline year for emissions assessment.

He said the platform is designed to close critical emissions data gaps, particularly within the industrial sector, while supporting effective climate policy implementation, emissions management and sustainable development.

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Fagbeja also disclosed that the greenhouse gas inventory estimated that poor air quality contributes to about 35,000 premature deaths annually in Lagos, underscoring the urgent need for stronger emissions control measures and cleaner environmental practices.

In a goodwill message, Balarabe Abbas Lawal, minister of Environment, represented by Mrs. Adenaike Olunimpe Oludunni, federal controller of Environment in Lagos, commended Lagos State for pioneering the initiative, describing it as a significant contribution to Nigeria’s climate commitments.

He said the Registry aligns with the country’s Nationally Determined Contributions (NDCs) under the Paris Agreement and supports the Federal Government’s Energy Transition Plan, while reaffirming the ministry’s commitment to deeper collaboration with Lagos State on climate governance and environmental sustainability.

 

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See Verified 20 Countries Nigerian Passport Holders Can Travel Visa-Free

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A recently released  Henley Passport Index 2026, showed that Nigerian citizens can travel to at least 20 destinations outside the African continent where entry is allowed either visa-free, with a visa on arrival (VOA) at no extra cost, or via an e-visa.

See Verified 20 Countries Nigerian Passport Holders Can Travel Visa-Free

This expanded access opens doors for Nigerian travellers to experience countries in the Caribbean, Asia, and beyond with greater ease.

Below is a comprehensive guide to countries outside Africa which Nigerian passport holders can visit without a traditional visa.

Visa-Free Countries outside Africa for Nigerian Passport Holders:

Barbados

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Cambodia – Visa on arrival

Comoros Islands – Visa on arrival

Cook Islands

Dominica

Fiji

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Haiti

Iran – Visa on arrival

Kiribati

Lebanon

Maldives – Visa on arrival

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Micronesia

Montserrat

Niue – Visa on arrival

Palau Islands – Visa on arrival

Samoa – Visa on arrival

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St. Kitts and Nevis

Timor-Leste – Visa on arrival

Tuvalu

Vanuatuul

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