General News
Meta Hosts XR Exhibition to Showcase Winners of the Future Africa Grant for Extended Reality Creators

Meta has unveiled an exclusive XR exhibition featuring the six finalists from the ‘Future Africa: Telling Stories, Building Worlds’programme, focused on supporting the next generation of Extended Reality (XR) creators in Africa. Developed in partnership with Africa No Filter, Electric South and Imisi 3D this forms part of Meta’s XR Programs and Research investment into XR talents across Africa.

L-R: Malik Afegbua, Future Africa Grant for Extended Reality (XR) Creator Finalist, Nigeria; Xabiso Vili, Future Africa Grant for XR Creator Finalist, South Africa; Sherry Dzinoreva, Public Policy Programs Director, Africa, Middle East and Turkey, Meta and Dylan Valley, Future Africa Grant for XR Creator Finalist, South Africa at the exclusive media viewing at the XR Exhibition event by Meta at The Wings office Complex, Lagos on Thursday, October 6, 2022.
With a focus on owning and shifting the African narrative, whilst telling compelling African stories that are contemporary and immersive, the finalists have developed a range of immersive digital experiences rooted in African culture across various media formats including 360 video, AR/VR and Mixed Reality.
The experiences showcased include:
● Malik Afegbua, Nigeria: Malik’s ‘Moving Between’ is a 360 documentary that presents a virtual heritage experience of the Kofar-Mata dye pit, a cultural and historical site in Kano, Nigeria, by showcasing it in a three-dimensional virtual reality model. In a 5-minutes immersive experience, a deaf dancer takes the audience on a tour through the historic Kofar-Mata dye pits, using sign language instructions and dance.
● Xabiso Vili, South Africa: A writer, performer and new media artist, Xabiso’s ‘Black Boi meets Boogeyman’ is a multi-ending, ‘choose your adventure’ style 360° visual album. A speculative fiction piece where Black Boi, our protagonist, goes on a hero’s journey through a South Africa that needs reminding of its light to confront the Boogeyman. This 360 visual album hopes to become an access point in which artists and communities can imagine using XR artistically and intentionally for communal healing.
● Dylan Valley, South Africa: Dylan’s Cissie Gool House is a 360 documentary about a precarious housing occupation in a new Cape Town hospital. This 360 documentary will immerse the viewer in the occupation as if they were partaking in reclaiming the building. The film will showcase the voices of the activists and occupiers who call Cissie Gool House home and speak to those who would rather have them gone. The medium of VR will allow for greater empathy for these characters (often demonised in the press). It will impart a deeper understanding of what it means to occupy, especially when it is the only viable option you have.
● Nirma Madhoo, Mauritius: A fashion filmmaker, XR creator and Ph.D. candidate. Nirma’s ‘XWE,’ 360 fashion film using volumetric capture and photogrammetry is a tribute to the original stargazers of Southern Africa. It will celebrate the constellations of dispersed diasporic African identities through a Noirwave fashion performance set in a VR landscape of astrophysics.
● Pierre-Christophe Gam, Cameroon: Pierre is a multimedia artist who worked on ‘TOGUNA’, a hybrid (both live and online) Art installation, fusing AR/VR, film, photography, mixed-media sculpture, future-thinking and storytelling, designed to facilitate a forum for an innovative conversation on the future of the African continent. This provides a WebVR experience using AR.
● Michelle Angawa, Kenya: A film editor and XR creator, Michelle’s ‘1000 Shillings in Nairobi,’ a 360 fiction film is a short tragicomedy depicting a day in a Nairobian Boda rider’s life. He drifts through a series of absurd encounters in an attempt to pay a motorbike loan of KSH 1000 ($10).
Sherry Dzinoreva, Meta’s Public Policy Programs Director, Africa, Middle East, and Turkey, said: “As the next phase of this programme, we’re delighted to be unveiling this specially curated exhibition featuring the work of six talented creators from across the continent, all of whom have created beautiful, thought-provoking African stories and experiences using immersive technology.
“We know that Africa holds immense talent, which we see reflected in the experiences curated, and as we set our sights on the metaverse, we believe creators, especially those on the continent, will play a key role in unlocking its potential.”
Commenting on the ‘Future Africa: Telling Stories, Building Worlds’ programme, Moky Makura, Executive Director, Africa No Filter added “We know the power stories have when it comes to influencing and shaping perceptions about Africa.
“That power is amplified when those stories are immersive and that is what today’s technologies offer storytellers. It’s exciting to be part of an initiative that has allowed us to tap into the future of storytelling in Africa.
General News
MTN Graduates 20 Fellows, Expands Media Innovation Programme

MTN Nigeria, in partnership with Pan-Atlantic University (PAU), marked a significant milestone in advancing Africa’s media landscape with the graduation of 20 Fellows from the MTN Media Innovation Programme (MIP) Cohort 4 held at the Lagos Business School.

MTN
The ceremony celebrated excellence, resilience and forward-thinking storytelling, while also announcing the programme’s expansion into a Pan-African edition beginning next year.
The six-month programme, known for its rigorous coursework, demanding schedule and strong emphasis on critical thinking, included an international study visit to South Africa that broadened participants’ understanding of media innovation across the continent.
The graduation event acknowledged the Fellows’ commitment to completing the intensive journey while strengthening their capacity to influence the future of African media.
Dr. Ikechukwu Obiaya, Dean of the School of Media and Communications, PAU, commended the Fellows for their persistence throughout the programme. “In some moments, it was pretty grueling for some of you, but you made it. You are here, and I congratulate you,” he said.
“He encouraged them to see the graduation as a new beginning, adding, “We have so much to do, and each one of us is best positioned now to make that transformation.”
Tobe Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria, congratulated the cohort on successfully completing the six-month programme and reaffirmed MTN’s long-term vision for the initiative.
He said, “Congratulations on completing this journey. You are joining a network of professionals who are committed to elevating the media landscape in Nigeria and beyond.
“The future of this programme depends on your impact. This cohort represents the outcome we envisioned when the journey began. Today, the programme is not only thriving but also expanding.”
He further announced that the Pan-African edition of the programme will be launched in 2026, providing media professionals across the continent with the same level of immersive training and unique exposure experienced by the Fellows.
A key highlight of the event was MTN Nigeria’s presentation of ₦2.5 million in cash prizes to Fellows whose projects demonstrated exceptional innovation, depth of research and alignment with the programme’s ethos of impactful storytelling. The awards were presented by Chineze Gbenga-Oluwatoye, General Manager, Corporate Affairs, MTN Nigeria, and Odunayo Sanya, Executive Director, MTN Foundation.
Vanessa Ukamaka Richard Bassey, Head of Programmes, Sparkling 92.3 FM, Calabar, emerged as the top winner, receiving ₦1 million for the MTN Foundation Chairman Award for Innovative Reportage and another ₦1 million for the MTN Chairman’s Prize for Innovation. Sharing her experience, she said, “It’s been a training ground. It has opened me up to new things and made me more confident. There’s something about knowledge and information and exposure to your mind and to your esteem. After today, I know there’s nothing to be afraid of.”
Abolaji Adebayo received ₦500,000 for the MIP Cohort 4 Best Report, recognised for its clarity, depth and relevance to national discourse.
Several Fellows shared how the programme has reshaped their careers. Adekeye Ayobami of Abamimigo FM described the programme as arriving at the perfect moment, aligning with his recent career elevation.
Ubani Amarachi of Channels TV highlighted the value of the South Africa trip, noting that it transformed her approach to telling African stories and reinforced her belief that graduation marks the beginning of greater responsibility and impact.
The graduation of the MIP Cohort 4 Fellows, coupled with the announcement of the Pan-African edition, reinforces MTN Nigeria’s long-standing commitment to strengthening the media ecosystem through education, exposure and innovation.
The partnership between MTN Nigeria and Pan-Atlantic University continues to serve as a catalyst for developing media professionals equipped to shape narratives, advance societal progress and drive meaningful change across Africa.
General News
FirstCap Acts as Joint Issuing House on Veritasi Homes & Properties Plc’s ₦30 Billion Bond Programme

FirstCap Limited, a premier investment banking business and a wholly owned subsidiary of FirstHoldCo Plc, acted as Joint Issuing House and Placing Agent on the Veritasi Homes & Properties Plc’s Series 1 Bond of ₦10 billion under its ₦30 billion Bond Programme duly registered with the Securities and Exchange Commission (SEC).

The Bond Programme is designed to support the development of Project Oyster Towers, located within Eko Atlantic City. Proceeds from the Series 1 Bond issuance are expected to be applied towards the construction of 30 luxury residential units, forming part of an 82-unit residential development comprising one-bedroom, two-bedroom, and three-bedroom apartments.
Veritasi Homes & Properties Plc is an indigenous real estate development company with operations across Lagos State and the Federal Capital Territory, Abuja, and a growing track record in the delivery of residential real estate projects in Nigeria.
Commenting on the transaction, Ukandu E. Ukandu, Managing Director/Chief Executive Officer of FirstCap Limited, stated:
“We are proud to partner with Veritasi Homes & Properties Plc on this important transaction. The establishment of the ₦30 billion Bond Programme reflects our commitment to mobilising capital for the real estate sector, which remains a key driver of Nigeria’s economic growth. Project Oyster Towers exemplifies the future of luxury and sustainable living in Nigeria, and this transaction reinforces FirstCap’s role as a trusted advisor in major corporate finance initiatives.”
FirstCap’s involvement in the Bond Programme further reinforces our dedication to supporting the growth of the Nigeria’s real estate sector. The successful execution of this transaction highlights the depth of expertise within our capital markets team and our role in supporting issuers in accessing long-term funding solutions aligned with their strategic objectives.
By continuing to connect capital providers with high-impact infrastructure projects such as Project Oyster Towers, we remain committed to driving economic development and delivering long-term value for all stakeholders, Ukandu added.
General News
NITDA DG Calls for Innovation-Led Economic Rebirth @ Kano Startup Weekend

Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), has called for a fundamental shift in Kano State’s economic strategy, urging stakeholders to embrace innovation, technology and collaboration as the drivers of growth in the 21st century.

Speaking at the Kano Startup Weekend, Inuwa acknowledge Kano’s long-standing reputation as the commercial nerve centre of Northern Nigeria and the wider Sahelian region, noting that its history of trade, enterprise and human capital provides a solid foundation for future growth.
He emphasised that while these strengths powered Kano’s success for centuries, the modern economy now offers even greater opportunities through innovation and technology.
He described innovation as the process of transforming ideas into impactful solutions through commercialization, stressing that when ideas are effectively deployed, they create value, solve societal challenges and generate sustainable economic growth. He noted that Kano’s large market, strategic location and vibrant entrepreneurial culture place it in a strong position to take advantage of innovation-driven opportunities.
According to him, “Innovation is the process of taking an idea from inception to impact. Invention on its own is a cost centre, but when you commercialise an idea, when you turn it into a product or service that solves a real problem and creates value, that is when you begin to drive economic growth and inclusion.”
He noted that the state hosts numerous degree-awarding institutions across federal, state and private ownership, providing a strong base for human capital development. However, he expressed concern that these institutions often operate in isolation from industry, with research outputs rarely translating into commercial or industrial applications.
He explained that innovation does not happen in silos and stressed the need for a strong, interconnected ecosystem that brings together academia, industry, startups, entrepreneurs and government.
According to him, universities should conduct research informed by industry needs, industries should leverage research to improve productivity and competitiveness, and startups should serve as the bridge that converts ideas into market-ready solutions.
He further encouraged entrepreneurs to leverage technology to build businesses that can grow beyond local markets, explaining that innovation-driven enterprises have the power to scale rapidly, create jobs and position Kano competitively at both national and global levels. According to him, digital platforms and emerging technologies now make it easier for startups to reach wider markets and develop solutions that were previously unimaginable.
“You can start your business here in Kano, but your thinking must be global from day one. Technology has removed barriers. With the right skills and platforms, a startup in Kano can build solutions that serve not just Nigeria, but the world,” he noted.
Highlighting NITDA’s ongoing interventions, the Director General outlined the Agency’s commitment to building national innovation capacity through targeted human capital development programmes. He cited the Digital Literacy for All (DL4ALL) initiative, which aims to equip Nigerians across all segments of society with essential digital skills, and the 3 Million Technical Talents (3MTT) programme, designed to produce a pipeline of globally competitive technical professionals in areas such as software development, data analysis and emerging technologies.
He said, “Through DL4ALL, we are ensuring that Nigerians at all levels have the basic digital skills needed to participate in the digital economy, while 3MTT is deliberately building a pipeline of globally competitive technical talents who can drive innovation, create jobs and attract investment.”
He explained that these programmes are key pillars of President Bola Ahmed Tinubu’s Renewed Hope Agenda, which prioritises skills development, innovation, job creation and inclusive economic growth as pathways to national prosperity. According to him, empowering Nigerians with digital and technical skills is essential for building a resilient economy capable of competing in the global digital landscape.
“President Tinubu’s Renewed Hope Agenda is about investing in people, empowering them with relevant skills and creating opportunities for inclusive growth. At NITDA, we are using digital skills and innovation as tools to translate that vision into real economic impact for Nigerians,” he said.
Inuwa urged all stakeholders in Kano to work together to build a functional innovation ecosystem that can unlock the state’s vast potential. He expressed confidence that with the right mindset, strong collaboration and sustained investment in digital skills and innovation, Kano can reclaim its historic leadership role and emerge as a major innovation and entrepreneurship hub in Nigeria and beyond.
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