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Coca-Cola Foundation Doles out $300,000 Grant to Train 5,000 Women on Transformative Skills

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In a bid to improve the lives of women across Lagos State, Nigeria; Karis and Eleos Hand of Hope Foundation has announced the launch of the second edition of its women empowerment programme themed ‘Catalyst for Change 2.0’ – an initiative funded by The Coca-Cola Foundation.


L-R:Jerome Oyebanji, Public Affairs & Communications Manager, Nigerian Bottling Company (NBC); Nwamaka Onyemelukwe, Director, Public Affairs, Communications & Sustainability, Coca-Cola Nigeria Limited; Uche Ogbonna, Senior Manager, Social Impact Strategy for Africa Operating Unit, The Coca-Cola Company; Bukola Bamiduro, Founder/Program Director, Karis & Eleos Foundation, and Emmanuel Bamiduro, Chairman, Karis & Eleos Foundation, at the launch of Catalyst For Change 2.0, powered by The Coca-Cola Foundation, on October 4, 2021.

The press briefing had in attendance respectable members of the Nigerian media, The Coca-Cola System leadership and key stakeholders including Nwamaka Onyemelukwe, Director, Public Affairs, Communications and Sustainability, Uche Ogbonna, Senior Manager, Social Impact Strategy for Africa Operating Unit, The Coca-Cola Company, Ifeyinwa Ejindu, Communications Manager, Coca-Cola Nigeria Limited, Jerome Oyebanji, Public Affairs and Communications Manager, Nigerian Bottling Company, community heads and women leaders from the five project locations, alongside other corporate guests.

Karis and Eleos Hand of Hope Foundation is a non-profit organisation with a focus on empowering women and girls, especially those living in rural communities with no access to opportunities.

Bukola Bamiduro, Founder/Program Director, Karis & Eleos Hand of Hope Foundation, emphasized the importance of the ‘Catalyst For Change 2.0’ project, stating its role in ensuring the empowerment of underserved women and youth in Nigeria.

She said: “We are proud to continue this impactful programme and make a meaningful contribution to the lives of more women and girls in the country. We extend our gratitude to The Coca-Cola Foundation who has remained steadfast in its commitment to this project”.

Ekuma Eze, Director, Public Affairs and Communications, Nigerian Bottling Company, represented at the press conference by Jerome Oyebanji, Public Affairs and Communications Manager, Nigerian Bottling Company, added:

“We are delighted to continue what has been a fruitful partnership with Karis and Eleos Hand of Hope Foundation.

“Poverty alleviation and women and youth empowerment remain key priorities for the Coca-Cola System in Nigeria.

“The Catalyst for Change programme was developed to ensure that these key areas are addressed in the communities we call home and we are truly proud of the results achieved so far”.

As part of plans for a successful edition, Catalyst for Change 2.0 will extend to women and youth in communities across Surulere, Alausa/Agidingbi, Ijora, Agege and Onigbongbo in Lagos state for a 10 month period starting October 4, 2021.

The program, aimed at reducing the harsh economic impact of the COVID-19 pandemic, seeks to reduce the migration of rural women to urban areas by empowering them with business and life skills that will elevate them from extreme poverty and encourage their migration back to their local communities.

“Empowering women to thrive is a global commitment for The Coca-Cola Foundation”, said Saadia Madsbjerg, President of The Coca-Cola Foundation.

“Our ultimate goal is to lift women out of poverty and into lives of self-sufficiency by focusing on those community programs offering education, skills training, financial literacy and mentoring, such as the Catalyst for Change 2.0 programme”.

The programme plan will adopt two training models which include hands-on training classes (such as baking, bagmaking, shoemaking, hairstyling, makeup artistry, tie & dye design and production of household cleaning items) and business classes which will provide training around the foundations of running a successful business; personal and product branding; accounting; bookkeeping and finance management; recruiting customers; leveraging social media; accessing loans and grants; gender-based violence and recycling.

During the inaugural programme in 2020 themed “Catalyst for Change”, Karis and Eleos Hand of Hope Foundation, funded by The Coca-Cola Foundation, successfully equipped 5,000 women and girls across five communities (Sangotedo, Oworonshoki, Ogijo, Iwaya and Magboro communities) with transformative vocational skills while 1,000 beneficiaries were presented with business start-up kits to kickstart their businesses and earn a living.

The success stories and testimonials recorded during the recently completed monitoring and evaluation exercise indicated a highly successful campaign, which contributed to the funding of the second edition of the programme by The Coca-Cola Foundation through a grant of $300,000 to empower yet another set of 5,000 women across five communities in Lagos State.

The Catalyst for Change 2.0 programme will use education through skills acquisition as an agent of change in the lives of women in Nigeria. Education is recognised as the most effective tool to tackle large-scale poverty entrenched in various parts of the world and this project seeks to leverage education to help eliminate poverty and inequality, reduce unemployment, raise incomes, and improve standards of living.

 

 


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EFCC Arik Case: Witness Testifies on Receiver Manager Nominee’s Role in NG Eagle Shareholding

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The 4th prosecution witness in the ongoing trial of former AMCON Managing Director, Ahmed Kuru, on Monday continued to give the Special Offences Court in Ikeja, Lagos, ‘fresh insight’ into how the structure and equity of NG Eagle Airlines was set up.
EFCC Arik Case: Witness Testifies on Receiver Manager Nominee’s Role in NG Eagle Shareholding

EFCC Arik

In his testimony, Kaltungo testified that this arrangement entails the Receiver Manager’s nominee having a shareholding arrangement of NG Eagle of “one unit within a billion-share structure,” as part of the findings that emerged during the Economic and Financial Crimes Commission’s investigation.
The development surfaced as EFCC Investigative Officer, Bawa Usman Kaltungo, continued his examination-in-chief led by prosecution counsel, Dr. Wahab Shittu, SAN. Kaltungo told the court that the financial trail uncovered by investigators showed how funds allegedly belonging to Arik Air Limited were unaccounted for while NG Eagle was being established.
Kaltungo also, in the course of his testimony, sought to mislead the Court to believe that the 1st Defendant sold NG Eagle shares solely and unilaterally as a Receiver holding majority shares in NG Eagle, when in fact he is just a nominee with a single unit of share, as AMCON, the corporation that appointed him, holds majority shares in NG Eagle.
Even though his testimonies were made with the support of a few documents admitted in evidence, Kaltungo still was not able to establish a nexus of any act of omission on the part of the accused persons to establish fraud or crime in the management of Arik’s loan.
Kuru is standing trial alongside Kamilu Alaba Omokide, Captain Roy Ilegbodu, Union Bank Plc, and Super Bravo Limited before Justice Mojisola Dada. According to the witness, the statement of Arik’s former Chief Financial Officer, Mr. Jonathan Sani, detailed how the defendants allegedly moved N4.5 billion from Arik to fund NG Eagle, an airline he said was controlled by the defendants. He further testified that Omokide and Ilegbodu allegedly worked with Kuru to funnel a total of N4.9 billion from Arik’s coffers to manage and fund operations of the new airline.
Kaltungo added that beyond the cash transfers, Arik staff were also moved to NG Eagle even though the new airline was set up while Kuru was still AMCON MD, and Omokide served as AMCON’s Receiver Manager. He said salary payments and operational expenses for the newly formed NG Eagle were borne by Arik Air Limited.
During proceedings, the court admitted a CTC of an ex parte order, which the prosecution termed as the only document authorizing the appointment of the RM over Arik and marked the same as P17, along with other exhibits—P18, P25, P26, P44, and P45—including. photographs and videos in a flash drive containing footage of alleged vandalised aircraft were played in court, but the Prosecution again failed to establish a nexus as to whether those aircraft indeed belonged to Arik.
Meanwhile, counsel for the second and third defendants applied for the release of their clients’ passports for renewal and medical purposes. Justice Dada granted the requests on the condition that the documents be returned to the court registry no later than January 2, 2026.
The matter was thereafter adjourned to February 25 and 26, 2026, for continuation of the trial and Examination-in-Chief of PW4

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NIPR Postpones Maiden PRICE Awards to January 25, 2026

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Nigerian Institute of Public Relations (NIPR) has announced the postponement of its maiden annual Public Relations, Reputation, Ideas, Concepts and Excellence (PRICE) Awards and Prizes to January 25, 2026.

NIPR Postpones Maiden PRICE Awards to January 25, 2026

NIPR

The event, earlier scheduled for December 7, 2025, was deferred to accommodate stakeholders whose observance of Christmas festivities had commenced earlier than expected.

Chairman of the Organising Committee, Mr. Israel Opayemi, urged stakeholders to note the new date and prepare to participate in the ceremony.

He said the awards would motivate professionals, practitioners and scholars, while enhancing Nigeria’s global competitiveness in the public relations ecosystem and strengthening brand equity for all stakeholders.

Opayemi reaffirmed the Committee’s commitment to delivering a best-in-class award administration and ceremony, describing the PRICE Awards as a credible and enduring platform to identify, celebrate and elevate outstanding individuals, campaigns and organisations shaping the public relations landscape across sectors.

The development of the PRICE Awards peaked in September 2025 when the NIPR President and Chairman, Council, Dr. Ike Neliaku, inaugurated a 12-man committee to organise the maiden edition. The inauguration followed the Council’s adoption of the report of a technical team tasked with establishing the awards.


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Netflix Seals $82.7bn Deal to Acquire Warner Bros., HBO Max

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Netflix has announced a landmark agreement to acquire Warner Bros. and HBO Max in a transaction valued at $82.7 billion, a move analysts say will reshape the global entertainment industry.

Netflix Seals $82.7bn Deal to Acquire Warner Bros., HBO Max

Netflix

The deal, which includes Warner Bros.’ film and television studios, HBO, HBO Max, and Warner Bros. Games, was unanimously approved by the boards of both companies. Under the terms, Warner Bros. Discovery (WBD) shareholders will receive $23.25 in cash and $4.50 in Netflix shares for each WBD share.

Netflix co-CEO Ted Sarandos described the acquisition as “a defining moment” for the streaming giant, noting that the company intends to maintain Warner Bros.’ current operations while expanding its production capacity.

“By combining Warner Bros.’ incredible library of shows and movies with Netflix’s culture-defining titles, we can give audiences more of what they love and help define the next century of storytelling,” Sarandos said.

The transaction is expected to close within 12 to 18 months, following the planned spin-off of WBD’s TV networks division, Discovery Global, in 2026. Netflix projects annual cost savings of $2–3 billion by the third year after completion and expects the deal to be accretive to earnings per share by year two.

Industry groups, including the Directors Guild of America and Cinema United, have raised concerns about the impact on movie theaters, while regulators are expected to scrutinize the deal over antitrust issues. Netflix has pledged to continue supporting theatrical releases, with Warner Bros.’ cinema commitments running through 2029.

Warner Bros. Discovery CEO David Zaslav hailed the agreement, saying it “combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love.”

Observers note that the acquisition comes 15 years after former Time Warner chief Jeff Bewkes dismissed Netflix as “the Albanian army,” underscoring the dramatic shift in the entertainment landscape.


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