News
Naija Woman Hero: 10 Nigerian Women Win Wig in 618 Bees Competition

Technology startup 618 Bees on Thursday announced the winners of its month long NaijaWomanHero competition.
Efe Ugboro, Co-founder and Chief Executive Officer, 618 Bees, said that winners were chosen after extensive voting on social media platform Instagram, and on the 618Bees website.
“We have over 400 entries from female entrepreneurs across the country.
“And after following the really remarkable conversations around outstanding Nigerian women heroes, we have arrived at a final list of 10 women entrepreneurs who will get their business registered for free, as the first step in what promises to be a string of benefits.”
The 618 Bees contest asked young women in business to talk about the Nigerian women they find most influential, remarkable, and impactful, and stand a chance to get their businesses registered for free.
In a country where women don’t get enough credit, and where they are often held to stiffer standards compared to men, Ugboro, whose company currently employs only women, says the contest was designed to draw attention to great Nigerian women many may be forgetting; as well as give a much-needed opportunity to social media vendors to formalize their businesses.
She stated that they received names like Stella Adedavoh (whose personal sacrifice, costing her her life curbed a wider spread of the Ebola virus in Nigeria), Dora Akunyili (who used her time as director general of NAFDAC to drastically reduce the sale of fake drugs), Ola Orekunrin (founder of Flying Doctors Nigeria, West Africa’s leading air ambulance service), Funmilayo Ransome-Kuti (the matriarch of the Kuti family and the first woman to drive a car in Nigeria) and Ngozi Okonjo-Iweala (world bank veteran and the first female Minister of Finance of Nigeria) dominated the list, with hundreds of thousands of Nigerian men and women paying tributes across Instagram, Twitter, and Facebook.
She further stated that the campaign reached nearly two million people in 28 days across Nigeria.
According to her, at the end, 10 winners emerged and they are Anyantola Elizabeth, Ifeoma Udeaja, Jennifer Ifeoma, Nasa Judith and Emmanuella Giwa emerged winners.
Other winners are Millicent Anugwom, Abina Zainab, Wasolati Sani, Odo Stephanie and Okoyeocha Olivia Ginikanwa.
The 10 winners will each receive about N250,000 worth of business incorporation support, investment pitch opportunities, business trainings, mentorship, and legal advice.
Ugboro added that her dream is to help female entrepreneurs succeed; by helping them structure their businesses to attract investments, and become sustainable.
In her words, “618Bees.com is set up to be the quickest way to get a company started in Nigeria.
“The company is launching with a focus on Nigeria for now, but plans to open up to other African cities where aspiring entrepreneurs are facing similar challenges”.
News
Atte, Nigerian Develops AI Algorithm for Hair Transplants

Atte Ayodeji, a Nigerian computer scientist,has developed an artificial intelligence algorithm capable of detecting, counting, grouping and generating healthy hair follicles during hair transplant procedures, an innovation that earned him the Best Innovative Technology award.

Atte Ayodeji
Ayodeji also graduated with a Distinction in his Master of Science (MSc) in Computer Science from Birmingham City University on Friday, adding another milestone to an impressive academic year.
Beyond his award-winning hair transplant innovation, the Nigerian researcher developed a system and framework on Explainable Artificial Intelligence (XAI) as a professional responsibility in the diagnosis of lung cancer.
His dissertation received a silver award at the PGXPO2026 Winter, further highlighting the impact of his research in applying artificial intelligence to healthcare.
Sunday Dare, special adviser on Media and Public Communication to President Tinubu, celebrated Ayodeji’s achievements in a post on X, recalling how he first met him in 2019 during his National Youth Service.
“In 2019 when I became a Minister of the Republic, I met a young man of medium height, genteel with penetrating eyes: Atte Ayodeji. His words rarely come out and he could easily be passed by unnoticed. But I noticed him especially when my SA Kemi Areola brought him to me asking my approval for him to do his Youth Service in my office. I approved. From then on he was unstoppable. His brilliance shown and he developed skills beyond his frame.”
Highlighting Ayodeji’s recent accomplishments, Dare congratulated him saying, “Congratulations Atte. I am proud of you!”
News
FG to Abolish Subsidies in Power Sector in 2027 – Minister

Mr. Joseph Tegbe, minister of Power, has said that the federal government plans to end power sector subsidies from 2027 and that there are no immediate plans for tariff increases.

Mr. Joseph Tegbe, minister of Power
The minister told journalists during the media interactive session at the weekend that the government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting liabilities in the power sector.
He explained that the planned removal forms part of the broader reforms aimed at ensuring the long-term sustainability of the electricity sector, while tackling the financial challenges confronting the industry.
According to the minister, despite the planned subsidy withdrawal, there are no immediate plans to increase electricity tariffs, reassuring consumers that the government is not considering a tariff hike in the short term.
News
AfCFTA Urges Africa to Stop Exporting Raw Materials

Patience Okala, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office has urged African countries to stop exporting raw materials and instead focus on adding value to its natural resources if it is to fully harness the opportunities offered by the African Continental Free Trade Area.

She stated this on Thursday at the Streamsowers & Köhn 20th Anniversary Business Forum, where she stressed that value addition and beneficiation are essential to Africa’s industrialisation and long-term economic growth.
According to a statement issued on Friday by the Nigeria AfCFTA Coordination Office, she said the AfCFTA goes beyond the elimination of tariffs, serving as a framework for industrialisation, value addition, and job creation across the continent.
“AfCFTA is not only about tariffs; it is also about value addition. Africa has to stop exporting raw materials. We need to add value and ensure that beneficiation is done on the continent,” she said.
Okala also said Africa’s economic transformation would depend on the effective implementation of the AfCFTA rather than on the signing of trade agreements alone.
“We have moved beyond negotiations. The success of AfCFTA will be measured by the extent to which businesses can access new markets, trade seamlessly across borders, and benefit from the opportunities created by the agreement,” she said.
She noted that Nigeria had intensified efforts to implement the agreement under the leadership of the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, including the development of simplified AfCFTA guides in six languages to help businesses understand and take advantage of opportunities under the trade pact.
Okala called for stronger collaboration among governments, regulators, and the private sector to eliminate barriers to trade and investment and build a truly integrated African market.
“As we move from policy to implementation, our collective responsibility is to ensure that the opportunities created by AfCFTA become practical realities for businesses, particularly MSMEs, women-owned enterprises, and young entrepreneurs across the continent,” she said.
Broadcasting3 days agoDavido Shares Past Suicidal Thoughts, Drops Oriadé Album
E-Business3 days agoHow Temu Helped a Madagascan Vanilla Family Business Sell Direct to Consumers Across Europe
News3 days agoCisco Explores AI for Nigeria Farmers
News3 days agoAfCFTA Urges Africa to Stop Exporting Raw Materials
General News3 days agoMTN Nigeria Posts N707.5bn H1 Profit, Declares N26 Interim Dividend
General News3 days agoGavi Okays $500m for Vaccines, PHCs in Nigeria
E-Business3 days ago82% of Organizations Concerned about AI Risks Even as Adoption Accelerates – Survey Reveals
E-Business3 days agoFG Must Consider Data Security, Sovereignty in 3MTT Initiative – Stakeholders
















