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NIIT Develops Capacity in ICT, Hosts Scholarship Exams

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NIIT, a leading Global Talent Development Corporation, conducted its ninth yearly scholarship programme in Nigeria in line with its commitment to develop Information and Communication Technology (ICT) human capital in the African continent.

The country’s largest Information Technology (IT) scholarship programme elicited a response from over 70,000 candidates who took the test in 21 locations across the country.

NIIT’s yearly scholarship programme is aimed at encouraging candidates, aspiring to build careers in the IT domain, through award of scholarships. Last year, NUT awarded over I 5,000 scholarships to deserving candidates enabling them to pursue globally acclaimed IT career programmes from NIIT.

According to Mr. G Raghavan, president, Individual Learning Solutions, NIIT, Nigeria has a huge potential to contribute to the global talent needs of the IT industry. NIIT is committed to help the country become a talent hub, and is actively participating in the IT skill development programme of the country by offering our most comprehensive training programmes for students and professionals.

"NIIT’s yearly scholarship programme enables a large number of students from varied economic backgrounds to acquire and enhance their IT skills, and participate in the knowledge economy".

NIIT has strengthened its portfolio of IT education programmes with a strategic tie-up with Sun Microsystems and will now offer certification mapped learning programmes on Sun Java and Sun Solaris, through its training centres in Nigeria. NUT has also introduced the latest curricula on the widely popular Oracle 10G database as well scholarships on MCSE.

NIIT provides IT education to individuals, customised training solutions for corporates, and has partnerships with universities and schools to take care of their students’ IT learning needs through the ‘NIIT Inside’ model. NIIT’s IT training programmes are mapped to the industry requirement and international vendor certifications. NIIT’s comprehensive Mastermind Series (MMS) is the most popular IT career programme in the country enabling students to become successful IT professionals.

The Global Talent Development Corporation trains nearly 11,000 career aspirants, yearly, and has strong alumni strength of over 60,000 in Nigeria.

In its ninth year of operations, with 30 state-of-the-art IT learning centres spread across the length and breadth of the country, NUT has grown to become the undisputed leader in Nigeria’s IT training and education segment.

NIIT established its presence in Nigeria in 1999 and pledged its support to prepare youths for lucrative careers in IT. NIIT along with its country partner, IDM, a subsidiary of the Tower Group, is creating a pool of skilled manpower resources that can support the globalisation efforts of the country by effectively leveraging information technology.

In April 2008, NIIT was awarded the Titans of Tech Award as IT Training Company of the Year for its efforts in the field of IT education.


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InfraCredit, AMDA Sign Partnership to Unlock Local Financing for Africa’s Mini-grid Sector

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InfraCredit, a specialised infrastructure credit guarantee institution, has entered into a strategic partnership with the Africa Minigrid Developers Association (AMDA) to boost access to long-term local currency financing for mini-grid and distributed renewable energy (DRE) projects across Africa.

The agreement aims to strengthen market development and address long-standing financing barriers in the mini-grid sector, especially in Nigeria and other underserved African markets.

The collaboration is aligned with InfraCredit’s Clean Energy Funding Programme (CEFP), which offers credit enhancement, due diligence support, and technical assistance to renewable energy developers.

“With an estimated 86 million Nigerians, alongside hundreds of millions across Africa—still living without electricity, bridging this energy access gap demands a pipeline of investment-ready, well-prepared projects that can unlock scalable capital and accelerate financial close,” said Chinua Azubike, CEO of InfraCredit.

“This partnership creates a practical pathway to scale the impact of our Clean Energy Funding Programme by equipping more developers to structure commercially viable mini-grid and DRE projects that qualify for long-term local currency finance,” Azubike added.

Through the agreement, both InfraCredit and AMDA will work together to facilitate technical assistance, share toolkits, and deploy credit modelling frameworks, including InfraCredit’s Distributed Renewable Energy Lending Toolkit (DRELT) and DRE Credit Rating Model. These tools aim to enhance the bankability of projects and improve developers’ ability to secure patient capital in local currency.

AMDA, which represents mini-grid developers operating in over 20 African countries, brings deep sector expertise and a strong network of DRE operators to the partnership.

According to Lamide Niyi-Afuye, CEO of AMDA, the collaboration addresses one of the most persistent challenges in the sector.

“We are pleased to collaborate with InfraCredit to address one of the most persistent barriers in the minigrid sector, access to affordable, long-term local currency finance,” said Niyi-Afuye.

“By aligning AMDA’s advocacy and technical support efforts with InfraCredit’s proven models and tools, we aim to accelerate the deployment of resilient, decentralised energy solutions that deliver tangible socioeconomic benefits in Africa. We view this partnership as a blueprint that will be used beyond borders, paving the way for broader regional impact,” he added.

The partnership will also support the development of transaction-ready pipelines, capacity-building initiatives, and investor-developer forums aimed at improving market transparency and accelerating the roll-out of commercially viable mini-grids.

By facilitating access to domestic blended finance and strengthening project preparation, the partnership hopes to unlock greater private sector participation, mobilise local capital, and expand clean energy access across unserved and underserved communities in Africa.


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Transcorp Power Posts Strong Half-Year Profit, Declares ₦11.25Bn Dividend

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Transcorp Power Plc, one of Nigeria’s foremost electricity generating companies and a key subsidiary of Transnational Corporation Plc, has reported a robust financial performance for the half-year ended June 30, 2025.

Transnational Corporation Plc

In a statement issued on Sunday in Delta, the company disclosed a significant revenue growth of 52 per cent year-on-year, rising to ₦205.8 billion from ₦135.4 billion recorded in the corresponding period of 2024.

The company said that its gross profit surged to ₦77.6 billion, with a gross margin of 23 per cent, while profit before tax grew to ₦58.7 billion, representing a 15 per cent increase compared to ₦51 billion in H1 2024.

It attributed the improved performance to increased generation capacity, strategic investment in infrastructure, and enhanced operational efficiency.

Speaking on the development, the Chairman of Transcorp Power, Mr Emmanuel Nnorom, said the half-year results reflect the company’s commitment to disciplined cost management and sustainable value creation.

“Our resilient performance despite economic headwinds reaffirms investor confidence in our long-term prospects,” he said.

The company also declared an interim dividend of ₦11.25 billion, amounting to ₦1.50 for every 50 kobo ordinary share, subject to withholding tax.

Commenting on the operational gains, the Managing Director and Chief Executive Officer, Mr Peter Ikenga, said Transcorp Power increased its generation capacity by 100MW within the period.

“We remain focused on powering Nigeria and Africa, as we build on our momentum into the second half of the year,” Ikenga said.

Transcorp Power is a listed entity on the Nigerian Exchange and operates as one of the country’s leading power generation companies, with a track record of driving economic growth through reliable electricity supply.


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Lawyers Drags NLS to Court for Alleged Election Fraud, Data Violation

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Two Nigerian lawyers have sued promoters of the Nigerian Law Society (NLS) over allegations of electoral fraud and unlawful use of personal data.

Lawyers Drags NLS to Court for Alleged Election Fraud, Data Violation

The legal actions follow the recent election conducted by the NLS, a breakaway association formed as an alternative to the Nigerian Bar Association (NBA), to elect its national officers.

In one of the suits, marked FHC/ABJ/05/1506/2025 and filed before the Federal High Court in Abuja, a lawyer, Timothy Tersugh Ahua, is challenging the conduct of the election and the legitimacy of the electoral process.

Ahua named several NLS promoters, including prominent lawyers, as defendants.

They include Senior Advocates, Chief Mela Audu Nunghe, Dr. Ugoji Eze, Secretary of the NLS Electoral Committee, and Chief Bolaji, Chairman of the NLS.

Others named in the suit are Ferguson Chioma Blessing, Chief Emeka Ichoku, and Tejumola Adigun.

Citing provisions of the Federal High Court Civil Procedure Rules, Ahua is asking the court to declare that the NLS electoral process violated its constitution.

He is seeking a declaration that all unopposed candidates, including himself, be declared elected, as published by Dr. Tonye Clinton Jaja, the alternate Chairman of the NLS Electoral Committee.

Ahua claims he was duly nominated for the position of Secretary General but was unjustly excluded, accusing the defendants of hand-picking candidates in breach of the rules.

He further alleged that the exclusion caused him financial loss, reputational damage, and personal hardship, urging the court to correct what he described as a grave injustice.

In a separate suit before the Federal High Court in Abeokuta, another lawyer, Oluwadare Thomas, sued Chief Mela Nunghe, a Senior Advocate of Nigeria, Dr. Ugoji Eze, the Corporate Affairs Commission (CAC), the National Information Technology Development Agency (NITDA), and the Nigerian Data Protection Commission (NDPC), over alleged violation of his data privacy rights.

Thomas is asking the court to determine whether the use and publication of his personal data by NLS election officials without his consent amounts to a breach of Section 37 of the 1999 Constitution and the Nigeria Data Protection Act, 2023.

He also wants the court to consider whether the use of the NLS name for the election, despite a CAC notice and a pending suit, constitutes contempt of court and abuse of legal process.

He is seeking several declaratory and injunctive reliefs, including a court order restraining the continued use of his personal data and an order compelling NITDA and NDPC to investigate and sanction the respondents.

Thomas is also demanding N50m in compensation for the alleged unlawful processing and exposure of his personal information.


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