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Mandela, anti-Apartheid Icon is Dead
Nelson Mandela, whose successful struggle against South Africa’s apartheid system of racial segregation and discrimination made him a global symbol for the cause of human rights and earned him the Nobel Prize, died Thursday. He was 95.
There are many thousands of political prisoners but in the last 50 years only one of them, Mandela, turned his imprisonment into a tool to create political change and national liberty.
The South Africa’s first black president and anti-apartheid icon, led South Africa’s transition from white-minority rule in the 1990s, after 27 years in prison.
The BBC reported that Mandela had been receiving intense home-based medical care for a lung infection after three months in hospital.
In a statement on South African national TV, Jacob Zuma, South Africa’s president, said Mandela had “departed” and was at peace.
“Our nation has lost its greatest son,” Zuma said.
He said Mandela would receive a full state funeral, and flags would be flown at half-mast.
BBC correspondents said Mandela’s body will be moved to a mortuary in Pretoria, and the funeral is likely to take place next Saturday.
The Nobel Peace Prize laureate was one of the world’s most revered statesmen after preaching reconciliation despite being imprisoned for 27 years.
He had rarely been seen in public since officially retiring in 2004. He made his last public appearance in 2010, at the football World Cup in South Africa.
“What made Nelson Mandela great was precisely what made him human. We saw in him what we seek in ourselves,” Zuma said.
“Fellow South Africans, Nelson Mandela brought us together and it is together that we will bid him farewell.”
US President Barack Obama said Mandela achieved more than could be expected of any man.
The greatest father there ever was: this is how South Africans will remember the man who brought an end to apartheid and delivered the nation from the brink of civil war.
Social networking sites are abuzz with messages of condolences and messages of gratitude to the late statesman. He had been in and out of hospital in recent years and had become increasingly frail but many South Africans had continued to express their unreadiness to lose him.
As he did in life, his passing has brought unity amongst South Africans as black and white speak of their love for him. Many here will be drawing on that same spirit for strength, that “Madiba magic” over the next few days and weeks as the nation left with the great burden of honouring Mandela’s legacy, mourns his passing but also celebrates his life.
“He no longer belongs to us – he belongs to the ages,” Obama said, saying Mandela “took history in his hands and bent the arc of the moral universe towards justice”.
Obama, the first black president of the United States, said he was one of the millions who drew inspiration from Mr Mandela’s life.
FW de Klerk, who as South Africa’s last white president ordered Mr Mandela’s release, paid tribute to the man he called a friend.
“He made a unique contribution not only to the establishment of our constitutional democracy but also to the cause of national reconciliation and nation-building,” he said in a statement.
He said Mandela’s example would live on.
UK Prime Minister David Cameron also paid tribute, saying “a great light has gone out in the world”.
Earlier this year, Mandela spent nearly three months in hospital with a recurring lung infection.
He was moved to his home in the Houghton suburb of Johannesburg in September, where he continued to receive intensive care.
Born in 1918, Mandela joined the African National Congress (ANC) in 1943, as a law student.
He and other ANC leaders campaigned against apartheid. Initially he campaigned peacefully but in the 1960s the ANC began to advocate violence, and Mr Mandela was made the commander of its armed wing.
He was arrested for sabotage and sentenced to life imprisonment in 1964, serving most of his sentence on Robben Island.
It was forbidden to quote him or publish his photo, but he and other ANC leaders were able to smuggle out messages of guidance to the anti-apartheid movement.
He was released in 1990 as South Africa began to move away from strict racial segregation – a process completed by the first multi-racial elections in 1994.
Mandela, who had been awarded the Nobel Prize in 1993 jointly with white President FW de Klerk, was elected South Africa’s first black president. He served a single term, stepping down in 1999.
After leaving office, he became South Africa’s highest-profile ambassador, campaigning against HIV/Aids and helping to secure his country’s right to host the 2010 football World Cup.
He was also involved in peace negotiations in the Democratic Republic of Congo, Burundi and other countries in Africa and elsewhere.
A look back at the life of Nelson Mandela
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Africa Prudential Plc has reaffirmed its commitment to sustainable growth and digital transformation after posting another strong half-year financial performance, driven by robust growth in its core registrar business, technology-driven solutions and increased activity in Nigeria’s capital market.
Speaking during the company’s H1 2026 Investor Call on Tuesday, the management outlined plans to deepen revenue diversification and accelerate innovation as part of efforts to reduce reliance on interest income and strengthen long-term profitability.
The company reported gross earnings of ₦4.28 billion for the first half of 2026, representing a 27 per cent increase from ₦3.34 billion recorded in the corresponding period of 2025.
Profit before tax rose by 22 per cent to ₦2.41 billion, while profit after tax climbed 18 per cent to ₦1.59 billion.
Net operating income also increased by 27 per cent to ₦4.21 billion, while total assets grew by 13 per cent to ₦46.53 billion. Shareholders’ funds similarly rose by 13 per cent to ₦12.52 billion.
According to the company, the impressive performance was driven by sustained growth in its registrar business, increased corporate actions across the Nigerian capital market, stronger treasury earnings supported by the prevailing interest rate environment and rising adoption of its technology-enabled products and services.African Mineral Wealth
Managing Director and Chief Executive Officer, Dr. Catherine Nwosu, said Africa Prudential is steadily evolving from a traditional share registrar into a diversified technology and business solutions provider serving the broader capital market ecosystem.
Addressing concerns from investors about the sustainability of earnings if interest rates decline, Nwosu said the company was deliberately expanding its non-interest income sources.
“Interest rates influence our treasury income positively, but that is why we are deliberately diversifying our revenue streams. Our strategy is to grow recurring fee-based business lines such as our digital solutions, Know Your Customer (KYC) services, AGM technology, probate services and the SabiVest mobile app. Over time, this will reduce our reliance on interest income and create a more balanced and resilient earnings mix,” she said.
She noted that increasing activity in the Nigerian capital market presents fresh opportunities for technology-driven solutions.
“With capital market activity nearly doubling over the past year, demand for seamless digital investor experiences, improved market efficiency and stronger compliance standards continues to grow. We are investing in technology-enabled solutions that position us to capitalise on these opportunities while delivering sustainable value to our shareholders,” she added.
Looking ahead, the company identified five strategic priorities for the second half of 2026, including driving sustainable growth through its core registrar business and new revenue streams, accelerating technology-led product innovation, strengthening brand leadership, investing in talent development and reinforcing corporate governance.
The investor call attracted institutional investors, shareholders, analysts, regulators and other capital market stakeholders, reflecting strong interest in Africa Prudential’s earnings outlook, revenue diversification strategy and long-term growth plans.
News
IHS Nigeria Donates Business-Support Equipment to Empower People with Disabilities in Abuja Community
Communications infrastructure company, IHS Nigeria, has donated business support equipment to empower people with disabilities within the Karonmajiji community in the Federal Capital Territory, Abuja. This is part of the company’s commitment to drive inclusive community development and sustainable livelihood support under its Project Empower initiative.
The equipment was distributed to beneficiaries during a ceremony held in the community on Monday, July 27. The initiative was conceived following a community needs assessment and is designed to empower active traders by providing them with business tools rather than cash grants, thereby strengthening their businesses and ensuring long-term economic impact and accountability.
Speaking at the event, Director, Sustainability, IHS Nigeria, Titilope Oguntuga, described the initiative as a reflection of the company’s commitment to advancing inclusive development by equipping persons with disabilities with the tools and opportunities needed to build resilient livelihoods.
She explained that rather than providing short-term financial assistance, IHS Nigeria adopted an asset-based approach by donating 50 pieces of business support equipment, including sewing machines, freezers, generators and hairdressing kits, to the selected beneficiaries.
According to her, the intervention is designed to create lasting value by supporting entrepreneurship, promoting self-reliance and strengthening household incomes, while contributing to the achievement of the United Nations Sustainable Development Goals, particularly SDG 1 (No Poverty), SDG 8 (Decent Work and Economic Growth) and SDG 10 (Reduced Inequalities).
In his opening remarks, the Chief of the Karonmajiji Disabled Community, Alhaji Sulaiman Muhammed Katsina, represented by the Secretary of the Community, Alhaji Mohammed Dantani commended IHS Nigeria for its commitment to empowering persons with disabilities through practical and sustainable interventions.
He described the initiative as a demonstration of genuine partnership with the community and expressed appreciation for the company’s continued engagement with the Association, noting that the donation of the equipment was a significant investment in improving the livelihoods of persons with disabilities and would create meaningful economic opportunities for the beneficiaries and their families.
The event brought together traditional rulers, government representatives, leaders and members of the Karonmajiji Disabled Community Association, implementing partners, including Field of Skills and Dreams Vocational Technical and Entrepreneurship (FSD VTE) Training Institute and other community stakeholders, reaffirming a shared commitment to promoting inclusion and sustainable community development.
Project Empower reinforces IHS Nigeria’s commitment to advancing sustainable development through strategic partnerships that promote economic inclusion, strengthen community resilience and create opportunities for underserved communities.
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.
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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