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IHS Nigeria, HSES Partner to Promote Environmental Sustainability and Public Health in the FCT

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L-r: Ayotade Oyinlola, Group Chief Human Resource Officer, IHS Towers, Dapo Otunla, Senior Vice President and Chief Corporate Services Officer, IHS Nigeria Limited, Mohammed Darwish, Chief Executive Officer, IHS Nigeria, Dr. Adedolapo Fasawe, Mandate Secretary, FCT Health Services and Environment Secretariat (HSES), Dr. Baba Gana Adams, Permanent Secretary, HSES, Dr. Adaeze Ezirigwe, FCT Focal Person Climate Change and Health, HSES, during the signing of a Memorandum of Understanding (MoU) between IHS Nigeria and HSES to promote clean energy, environmental sustainability, and improved public health in the Federal Capital Territory, held at IHS Nigeria’s corporate office on Thursday.
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IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has announced a strategic collaboration with the Health Services and Environment Secretariat (HSES) of the Federal Capital Territory (FCT), Abuja to promote clean energy use and improve environmental health standards in the Federal Capital Territory.

The partnership was formalized through the signing of a collaboration agreement on Thursday, September 25th at the IHS Nigeria head office in Lagos, marking a significant step in advancing joint efforts towards environmental sustainability, climate action, and improved public health across the FCT.

This collaboration underscores the shared commitment of both organizations to address pressing environmental challenges, promote cleaner and more sustainable energy alternatives, and reduce carbon emissions in the country.

The partnership also aligns with Nigeria’s Nationally Determined Contributions (NDCs) in tackling climate change and fostering a healthier, more sustainable environment for citizens.

Under the terms of the agreement, IHS Nigeria will work closely with HSES to implement community-based projects that promote the use of cleaner energy sources, reduce reliance on fossil fuels, and support initiatives designed to improve environmental health standards in the FCT.

Commenting on the collaboration, Mohamad Darwish, CEO, IHS Nigeria, said: “Climate and environmental responsibility are central to our sustainability agenda. With over 16,000 sites nationwide, we are fully aware of our responsibility to reduce carbon emissions and advance clean energy solutions.

“Our investments in solar and hybrid power solutions, totaling over $750 million in the past decade, reflect our commitment. Partnering with HSES enables us to expand this impact by supporting healthier communities and contributing meaningfully to Nigeria’s energy transition and environmental goals.”

Speaking on behalf of HSES, Dr. Dolapo Fasawe, Mandate Secretary of Health Services and Environment Secretariat, said: “There is no health without a clean environment. This partnership with IHS Nigeria is a demonstration of how the public and private sectors can come together to drive sustainability and safeguard the well-being of our people.

“Through this collaboration, we aim to showcase practical solutions that reduce carbon footprints, promote the adoption of clean cooking and energy alternatives, and inspire other states across the country to follow suit. The FCT is proud to lead by example in this regard.”

This landmark agreement not only reinforces IHS Nigeria’s dedication to sustainability, one of its core values but also strengthens the FCT’s efforts to advance climate resilience, environmental protection, and public health.


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EFCC Detains Ayeni, Ex-Skye Bank Chairman over Alleged N36.5Bn, $30m Fraud

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Economic and Financial Crimes Commission (EFCC), has detained Tunde Ayeni, former chairman of defunct Skye Bank Plc, for alleged fraud involving N36.5 billion and $30 million.

EFCC Detains Ayeni, Ex-Skye Bank Chairman over Alleged N36.5Bn, $30m Fraud

Tunde Ayeni, former chairman of defunct Skye Bank Plc,

This follows the probe of alleged diversion of N36.5 billion and $30 million secured as loans from Polaris Bank Plc through companies linked to Ayeni.

He was arrested by EFCC operatives in Abuja on April 23, 2026, and is still been held in custody as at the time of filling the report.

Dele Oyewale, spokesperson, EFCC, confirmed the arrest on Friday but declined to provide further details.

Ayeni is under investigation for diverting funds obtained for marine security, electricity distribution, and real estate projects into other unknown projects.

Investigators allege the loans were instead channelled into telecom investments tied to NITEL/MTEL assets via a NATCOM account.

About 12 firms believed to be connected to Ayeni are also under investigation for their role in securing the loans.

The EFCC is expected to file charges once the investigation is concluded.


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Summit Factory Opens in Ogun, Targets Hygiene Market Expansion

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L-r: Sadiq Ali, General Manager, Summit Household Solutions Limited; Oba Abdulakeem Odunaro, Onikotun of Otun, Ota; Hon. Wasiu Adewale Lawal (FCA), Executive Chairman of Ado-Odo/Ota LGA; Mr Kehinde Akintomide, Permanent Secretary, Ministry of Commerce, Trade and Investment, Ogun State; and Mojeed Maaradesa, Manufacturing Manager, during the commissioning of the ultra-modern factory by Summit Household Solutions Limited in Ota on Thursday.
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Summit Household Solutions Limited has opened its ultra-modern manufacturing facility in Ota, Ogun State, as part of its efforts to scale production of home and personal care products in Nigeria.

The plant, which started operations in April 2025, produces items such as dishwashing liquids, handwash, sanitisers and multipurpose liquid soaps, with an annual capacity estimated at 7,000 tonnes.

Commissioning the facility on behalf of Governor Dapo Abiodun, the Permanent Secretary, Ministry of Commerce, Trade and Investment, Mr Kehinde Akintomide, said the investment reflects growing confidence in Ogun State’s business environment.

He noted that the state hosts over 6,000 manufacturing firms and described the development as consistent with ongoing efforts to promote industrialisation, attract investment and reduce reliance on imports under the Federal Government’s Renewed Hope initiative.

Akintomide disclosed that the factory has already employed more than 50 Nigerians, with projections to exceed 250 jobs as operations expand.

In his remarks, the General Manager of the company, Mr Sadiq Ali, said the facility represents a major step in Summit’s growth plans, adding that its flagship brand, 2Sure, currently leads production at the plant.

He also revealed that the company is preparing to introduce new home and personal care products later this year.

Summit Household Solutions manufactures the 2Sure brand and has expanded into the personal care segment with Lewar, a premium beauty soap line positioned for quality and affordability.

Among dignitaries present were the Onikotun of Otun, Ota, Oba Abdulakeem Odunaro, representing the Olota of Ota, Prof. Adeyemi Abdulkabir Obalanlege; the Agba Akin of Ota, Chief Dada Olusola; Director of Investment, Ms Yemisi Folarin; Director of Industrial Promotion, Mr Femi Adeboye; former Managing Director of 7Up Bottling Company, Mr Ziad Maalouf; and the Chief Executive Officer of OmniRetail, Mr Deepanker Rustagi.

Speaking at the event, Maalouf, who conceived the 2Sure brand during his time at 7Up Bottling Company, expressed satisfaction with its growth and commended Summit Solutions Limited for advancing the brand.

The special guests were conducted around the facility, and the programme was concluded with a luncheon.

 


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US Freezes $344m in Crypto Linked to Iran in Major Crackdown

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The administration of Donald Trump has frozen $344 million in cryptocurrency allegedly linked to Iran, marking a sharp escalation in financial pressure on Tehran.

US Freezes $344m in Crypto Linked to Iran in Major Crackdown

The move comes amid stalled diplomatic efforts and a fragile ceasefire in the region.

U.S. Treasury Secretary Scott Bessent confirmed that authorities are sanctioning multiple crypto wallets tied to Iran. “We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime,” he said.

Tether, which facilitated the transactions, said it worked with U.S. authorities to freeze the funds across two wallet addresses after receiving intelligence linked to unlawful activity.

A U.S. official said blockchain analysis revealed “material links” to the Iranian regime, including transactions routed through intermediary addresses connected to wallets associated with the Central Bank of Iran.

Responding to the development, Tether CEO Paolo Ardoino said the company does not tolerate illicit use of its stablecoin. “USD₮ is not a safe haven for illegal activity. When there is credible linkage to sanctioned entities or criminal networks, we act immediately,” he stated.

The crackdown underscores the growing reliance of sanctioned states on digital assets to bypass traditional banking restrictions. Data from Chainalysis shows Iran’s cryptocurrency holdings reached $7.8 billion in 2025, with the Islamic Revolutionary Guard Corps reportedly controlling about half.

Analysts say while the freeze is significant, Iran has historically adapted to sanctions. Daniel Tannebaum of the Atlantic Council noted that targeting third-party actors enabling such transactions may be key to increasing pressure.


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