News
Dr. Obi Bags Life Time Achievement Award for Pioneering Digital Payment

Dr. Valentine Obi, founder and group chief executive officer of eTranzact Global was at the weekend in Lagos honoured with the Lifetime Achievement Award for pioneering end-to-end card and digital payments at the 12th Beacon of ICT Distinguished (BoICT) lecture series and awards.

Dr. Valentine Obi, founder and group chief executive officer of eTranzact International
The BoICT Lecture series, widely regarded as the most prestigious annual event available in the ICT industry in Nigeria, is designed to explore efforts to put Nigeria on the global information and communications technologies map.
And the awards are the Oscars of ICT Awards.
Dr. Obi was honoured for his contributions to Nigeria’s economy particularly in the electronic payment sector.
The event attended by over 80 chief executives of top companies in Nigeria had as it chairman Engr. Ikechukwu Nnamani, president, Association of Telecommunications Companies of Nigeria (ATCON) and CEO, Medallion Limited; and Mr. Bimbo Abioye, second vice president, Institute of Software Practitioners of Nigeria (ISPON), among others.
Muhammed Rudman, president of Nigeria Internet Registration Association (NIRA) and chief executive Officer of IXPN and chair IPV6 Council of Nigeria, delivered the keynote address with the theme “5G: Exploring New Frontiers for Superior Service Delivery”
At the event, Dr. Obi was recognized as a champion for African Innovation in Technology and for establishing eTranzact businesses in Ghana, Cameroun, Nigeria, South Africa, United Kingdom.
Dr. Obi, a tech-entrepreneur, is also the founder and architect of XCEL Inc, the newest challenger bank in London, United Kingdom.
XCEL enables users to open a full UK Bank Account (Sort Code and Account Number) in less than five minutes, with complete UK regulatory compliance of KYC and AML (Anti Money Laundry) processes embedded.
XCEL African roadmap is well on its course with some countries already signed on.
Dr. Obi, is also the founder of KYIARA, the first Factoring technology platform in Africa.
Kyiara, provides all the stakeholders in the factoring sector cost saving, convenience, secure but transparent means to conduct factoring business within the continent.
He has an extensive experience in Information Technology sector and has served in various capacities both locally and internationally as a project director of various IT projects, including World Bank assisted projects in different countries.
In 2003, Dr. Obi became the first African to receive the coveted Computerworld Honors Gold Medal of Achievement in San Francisco, USA, for innovative and visionary use of information technology to produce and promote positive, social, economic and educational change.
By this, his work is listed in over 150 libraries around the world, including Harvard, etc.
In January 2008 his company received “The Most Innovative Product of the Year” award from the Central Bank of Nigeria.
Other awards received includes: 2012 Best Mobile Payment Initiative Award in South Africa; 2014 Mobile Payment Solution of the Year Award by LEAD Africa, etc.
Just after AfCFTA was signed off by the African head of states, Valentine was one of the two Nigerians appointed to the Advisory Council of African Trade Gateway (ATG) by Afreximbank in Egypt.
ATG is a vehicle for accelerating intra-African trade and ultimately support the attainment of the goals of the African Continental Free Trade Agreement.
ATG recognizes the critical role digital technology will play in facilitating intra-African trade, boosting access to trade finance and diversification of African trade from commodities to manufacturing and services.
Our role in the Council, is to provide advice and guidance on the strategic ATG roadmap.
In addition to his love for technology and applications, Dr. Obi is also involved in the development of the educational sector, he is a pioneer member of the Board of Regents of Covenant University and a lecturer at the Word of Faith Bible institute, WOFBI.
As one of his give back to his community, he started JIL Foundation with his wife, to help the education of the less privileged around his sphere of influence. He is a Provincial pastor with the Living Faith Church Worldwide, a member of Young Presidents Organization (YPO) / World Presidents Organization (WPO) and a member of the Institute of Directors (IOD), Nigeria.
Dr. Obi holds a Doctorate degree from International School of Management, Paris, France.
He also holds an MBA from Instituto de Empressa, Madrid, Spain and an alumnus of the Harvard Business School, Boston, USA
mber of National Payment Technical Committee.
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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