General News
Abdulsalam Takes Over From Udoh As Nama Boss
Engineer Ibrahim Abdulsalam, the newly appointed managing director and chief executive officer, Nigerian Airspace Management Agency (NAMA), has formally taken over the mantle of leadership from the Engineer Nnamdi Udoh, the outgone MD.
In a brief ceremony that took place at NAMA headquarters, Lagos, last week, Udoh charged management and staff of NAMA to extend the same hand of fellowship and cooperation which saw to the numerous accomplishments of his tenure to his successor, according to Nigerian commercial aviation news.
He recalled that in two years, he achieved several safety critical feats including migration to area radar control, which could not have been possible without the support and cooperation of the entire staff.
“I personally implore the staff to support the new managing director who is one of us and professionally sound to handle the affairs of the agency and take it to a greater height in the provision of quality air navigation services”, Udoh counselled the workforce.
He therefore tasked all members of staff to take the survival of the agency as very critical by rallying round the new Managing Director to ensure the success of his tenure.
Engr. Udoh, who congratulated his successor on his appointment, also enjoined him to be strong and courageous by ensuring unity, equity, love and progress in NAMA as a torchbearer of the organization.
Then former managing director, stressed that having worked with him over time, he stressed his implicit confidence in Engr. Abdulsalam, to be able to consolidate and even improve on the present gains of NAMA in the provision of a safe and seamless airspace in Nigeria.
While presenting the new NAMA MD to staff of the Agency, Mazi Udoh noted among others that: ” The most critical thing I must leave in your hands is that its God that appoints and when God appoints, and you don’t support to such a person, and give your loyalty, you are working against God.”
“I beg all of you today to recognize this fact and support a man whom I believe supports the transformation of our industry and country.So we must continue to support him to work assidously for a better NAMA”.
Udoh noted that he was doing this to ensure tha the staff understood the principle of leadership, adding that if he offended anyone during his tenure, ” please, forgive me and don’t take it against Abdulsalam and I pray that after Abdulsalam, the next MD will come from here(NAMA) “.
In his remarks, Abdulsalam thanked his predecessor for “the giant footprints” he left in the agency and for being a father to all during his tenure.
He noted that he was particularly happy that he would continue to draw from the rich experience of Engr. Udoh, whom he described as a ”senior MD” Nigerian commercial aviation news, added.
While maintaining that “the success of NAMA remains non-negotiable”, he implored all staff to ensure continuity of the current gains of the agency by being dedicated and professional in their duties, saying that staff welfare shall continue to be the focal point of his administration.
The new CEO noted that Udoh and himself have come a long way, saying at a time he was in-charge of installation of navigational aids, Udoh was in-charge of logistics and that he was always going to his office to take delivery of navigational aids to be installed in several parts of the country.
Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the iHatch National Demo Day, where Interface Africa clinched the highest prize of $15,000.
The 4th cohort of the NITDA–JICA-backed accelerator brought together founders, policymakers, and venture stakeholders in Abuja, showcasing innovations ranging from clean-energy financing and digital food marketplaces to next-gen fintech tools.
The startups went rounds of running through state-level selections and regional competition. iHatch was established in 2021 as a strategic partnership to create an enabling environment for young Nigerians to develop and scale their innovative solutions.
The iHatch National Demo Day (4th Cohort), is an initiative by NITDA and JICA which provides a clear pathway for homegrown talent to contribute significantly to economic diversification and digital transformation.
After rigorous selection processes, the top founders converged to pitch their innovations, recognised the standout performers, which are:
Interface Africa with $15,000, the firm is driving Nigeria’s clean energy transition by enabling structured and affordable solar financing.
Ahioma with $12,000, the firm enhances food accessibility with a digital marketplace connecting consumers directly to trusted vendors.
Linia Finance with $10,000, the firm is helping Nigerians take control of their finances with tools for budgeting, tracking, and smart money planning.
Chapta got a laptop reward. They delivering an offline-capable school application ensuring consistent, accessible learning for students everywhere.
Softdrop also got a laptop reward, they solve logistics challenges through a modern delivery platform designed for speed, convenience, and efficiency.
Fidelity Bank Plc, a leading financial institution, will host a free virtual training on the Nigeria Tax Act 2025 (NTA) as part of its commitment to helping small businesses prepare for the upcoming legislation.
Fidelity Bank
The masterclass is scheduled for 10:00 AM (Nigerian time) on Friday, 12 December 2025. It will provide participants with clear insights into changes in the tax framework, the impact on income and business operations, and practical steps to avoid penalties in 2026.
Attendees will also learn strategies to stay ahead in an evolving regulatory environment.
The Nigerian government enacted major tax reforms on 26 June 2025 when President Bola Ahmed Tinubu signed four tax bills into law.
These Acts will take effect on 1 January 2026 and represent a significant overhaul of the country’s tax system.
The reforms aim to modernize and harmonize Nigeria’s tax framework, improve revenue generation, broaden the tax base, and create clearer rules for individuals, businesses, and government agencies.
“Our decision to host this masterclass reflects our commitment to empowering businesses with the right information ahead of the commencement of the new tax regime.
“Information is money and a well-informed business owner is already steps ahead in the race to success.
“This is why we are bringing experts to provide accurate details and demystify the tax act,” said Osita Ede, Divisional Head, Product Development, Fidelity Bank Plc.
Interested participants can register via https://bit.ly/2026TaxLawMasterclass .
PalmPay, Nigeria’s leading digital banking platform, has renewed its commitment to deepening financial inclusion across the country. At the CeBIH Annual Conference 2025, themed “Reimagining Financial Inclusion through Cultural Shifts in Consumer Credit,” PalmPay’s Managing Director, Chika Nwosu, urged industry players to deepen financial inclusion by embracing community-aligned solutions and customer-centric innovations that can better serve Nigeria’s underserved and unbanked populations.
Speaking during a panel session titled “Social Inclusion, A Veritable Tool for Financial Inclusion,” Chika Nwosu joined other industry leaders to share insights on strengthening participation among women, rural dwellers, low-income earners, and other financially excluded groups.
Chika Nwosu highlighted PalmPay’s commitment to inclusive finance through its 500,000-strong agent network, which enables seamless cash-in/cash-out services for unbanked users across Nigeria. He also emphasised the importance of PalmPay’s USSD platform, 861#, which allows users with basic phones or limited internet access to perform essential financial transactions.
“Financial inclusion goes beyond access; it must be equitable and tailored to real-life needs,” Chika Nwosu said. He shared how PalmPay leverages behavioural insights to design impactful services, including affordable health insurance, reliable bill payments, merchant solutions, and automated savings features that support financial discipline among users.
The session further examined the role of grassroots agents and community touchpoints in driving last-mile adoption. Chika Nwosu noted that PalmPay’s widespread community presence continues to build trust and encourage excluded populations to embrace digital financial tools.
The session was moderated by Ronke Kuye of the CeBIH Advisory Council and featured representatives from E-Doc Online, SmartCash Payment Service Bank, SANEF, and EFINA.
PalmPay reaffirmed its commitment to driving accessible, secure, and inclusive financial services for all Nigerians. PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.
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