News
Prof Iwu. Ekeh, Others Make Case for Imo’s Development

Prof. Maurice Iwu, former chairman, Independent National Electoral Commission (INEC); Leo Stan Ekeh, serial digital entrepreneur and chairman, Zinox Group; Senator Chris Anyanwu and a host of other prominent sons and daughters of Imo State have expressed their determination to see Imo State enjoy an unprecedented level of socio-economic development commensurate with the immense potential and human capital resources at its disposal.
They made this call on Thursday December 28th 2017 at the launch of the Imo Economic Development Initiative (IEDI) – a landmark private initiative set up to boost human capacity development, wealth creation and poverty alleviation in the state.
The high-profile event also witnessed the commissioning of the IEDI office located in Owerri.
In his speech at the event, Prof. Iwu, chairman of IEDI, disclosed that, in addition to the need to address the development challenges of Imo State, the driving force behind the establishment of IEDI was to stir aright the socio-economic affairs of the state in order to complement the efforts of past, present and future governments of the state.
“While each government administration, past or present has put in some efforts to improve the condition of the state, and amidst the clamour for political power, it has become apparent that our beloved state would benefit from citizens’ involvement and private sector engagement, to see Imo progress to a level that is a true reflection of the enormous talents, intellectual and material resources of its sons and daughters at home and in the Diaspora.”
According to him, a deliberate well-thought out plan of strategies to accomplish the goals are being addressed in the areas of agriculture, urban renewal of the three major cities in the state, rural vitalization, health, energy, education and security.
“Imo sons and daughters have excelled in many fields of human endeavour but there appears to be no nexus between the acclaimed individual educational and business accomplishments and our ability to develop our state or to produce and effective and responsive governance structure. The challenge facing us now is to development of Imo economy to reduce poverty and unemployment, create wealth and improve the internally generated revenue of the state.
“We are greatly encouraged by the progress members of IEDI have made in areas such as agriculture, infrastructure, projects on skills acquisition and exploring Federal resources in energy, industries reactivation and health care development. Projects in information technology are being articulated by some of our members to prepare our state to participate meaningfully in the IT-driven knowledge economy. We are in contact with our brethren in neighbouring states and our members have indeed facilitated the establishment of corporate joint-ventures with like minds.
“The IEDI plans to hold an economic investment summit early in 2018 in partnership with the government of Imo State to highlight the low-hanging fruits projects for investors and entrepreneurs, articulate an economic development blueprint that will accommodate short-term, medium-term and long-term goals of the state and how to accomplish them.”
Also speaking at the event, Group, Ekeh, chairman, Zinox who highlighted the important role ICT can play in rewriting the history of Imo State, also harped on the importance of a conducive and responsible political climate in the state as a necessary condition to attract prospective investors.
“Through ICT, Imo State has the potential of becoming a conveyor belt of globally-certified talents that will create sustainable wealth, not only for the state but for Nigeria and the African continent at large. ICT remains the only profession in the world today that can make the son of a poor man the richest man in the world. By making significant investments in this area, we can unleash the power of the youths, give them a level playing ground with their contemporaries in other parts of the world and make them global citizens. I assure you, the effects will transform the state and change the narrative for good. Sadly, the governments and even those at the centre seem not to realize the huge potential in this area.
“I must also point out the need for us to ensure that we contribute in ensuring we get our political governance structure correct and responsible to the development needs of the state. This is because investors calculate political risks before making investment decisions and only a stupid investor will want to put his money in a state where the political system will negatively affect his investment,” he counselled.
While expressing agreement with Ekeh, Prof. Iwu noted that though non-partisan, the IEDI will show an active interest in the governance of the state, going forward.
“Our prime focus remains the economic development of our state through private sector funding and leveraging on available Federal and State Government resources. But we are keen stakeholders in the affairs of Imo State, including how it is governed,” he concluded.
Among the dignitaries and well-meaning citizens of the state in attendance at the high-profile event were renowned technocrat, doyen of Corporate Nigeria and founder of Diamond Bank PLC, Dr. Pascal Dozie; Chairman, National Population Commission, Mr. Eze Duruiheoma (SAN); former President, Institute of Chartered Accountants of Nigeria (ICAN), Rtd. Major General Sebastian Onwuama; industrialist and past President, Manufacturers Association of Nigeria (MAN), Engr. Charles Ugwu; Pioneer Vice-Chancellor, Michael Opara University of Agriculture, Prof. Placid Njoku; former Vice Chancellor, Federal University of Technology, Owerri, Prof. Jude Njoku; astute politician and chieftain of the All Progressives Congress in Imo State, Chief Jerry Chukwueke; former PDP Deputy Chairman, Imo State, Chief Cosmos Iwu; former Nigerian Ambassador to Hungary, Chief Eddy Onuoha; Chairman, First Index Group and former member, Federal House of Reps, Chief ThankGod Ezeani and media consultant, scholar and frontline Nigerian journalist, Chief Amanze Obi.
Others include Chief Cyril Amako, Dr. Vin Udokwu, Chief Louis Ezeigwe, Dr. Chinedu Iwu, Chief Patrick Okereke, Chief G.G. Iheka, Chief Charles Onyirimba, Mr. Uchenna Iwu, Engr. John Obinna Chukwu; Dr. Bola Njoku, Mr. Ifeanyi Agwu, Dr. Mrs. Chukwu Ngozichukwu; Dr. Harold Onunmuo, Chuka Gabriel, Mr.& Mrs. Wilson Nwafor, Ifeanyi Ukaigwe, Steve Nwoga, Barr. Golden Nwosu,Timothy Iheamatu, Mr. & Mrs. Emeka Agoawike and Chidi Nkpobara, among others.
News
Stakeholders Applaud NiRA’s Leadership in Strengthening Nigeria’s Internet Infrastructure

The Nigeria Internet Registration Association (NiRA) successfully convened its 18th Annual General Meeting (AGM), bringing together key stakeholders from across Nigeria’s internet, technology, and business ecosystem following the successful conclusion of its Annual General Meeting (AGM) held at Radisson Blu Hotel Ikeja.

The meeting, marked by robust participation from members, policymakers, industry leaders, and civil society representatives, centred on NiRA’s continued performance, strategic direction, and the imperative of deepening Nigeria’s digital identity through the .ng country code top-level domain (ccTLD).
Attendees at the AGM gave a resounding commendation to NiRA’s leadership and management team for their steadfast commitment to managing and sustaining the .ng domain registry. Members praised the Association for delivering operational excellence, maintaining registry stability, and driving meaningful growth in an increasingly competitive digital landscape.
NiRA was specifically recognised for its efforts in strengthening Nigeria’s digital ecosystem providing a secure, reliable, and trusted infrastructure that underpins online identities for businesses, institutions, and individuals across the country.
Members highlighted the Association’s resilience in the face of global and local headwinds, noting that its consistent performance has reinforced confidence in Nigeria’s internet governance framework.
Stakeholders reaffirmed the strategic importance of the .ng domain as more than a technical resource it is a sovereign national asset and a cornerstone of Nigeria’s digital identity. With Nigeria ranking among Africa’s largest internet markets, the .ng domain represents a critical enabler of economic growth, digital commerce, and institutional credibility.
The AGM underscored that every Nigerian business, public institution, and innovator operating online has both an opportunity and a responsibility to adopt the .ng domain as their primary digital address reinforcing national identity while contributing to the growth of a locally anchored internet ecosystem.
A significant outcome of the AGM was a unified call from stakeholders for stronger policy intervention to drive the adoption of .ng domains among Nigerian businesses. Participants emphasised that organic growth, while encouraging, must be complemented by deliberate institutional frameworks that make .ng the default choice for new and existing businesses.
Stakeholders specifically called for enhanced collaboration between NiRA and the Corporate Affairs Commission (CAC), urging the integration of .ng domain registration into the business incorporation and renewal process. Such alignment, members argued, would create a seamless pathway for businesses to establish their digital presence under a Nigerian domain from inception.
Additional recommendations included the development of government-backed policy frameworks that incentivise .ng adoption, the creation of regulatory guidelines that recognise .ng as a standard for digital credibility, and public sector leadership in adopting .ng domains to signal confidence in Nigeria’s digital infrastructure.
Executive Perspectives
Mr. Adesola Akinsanya; President, Nigeria Internet Registration Association (NiRA), said: “.ng is more than a domain it is Nigeria’s digital identity. Our focus remains on strengthening trust, driving adoption, and ensuring that Nigeria fully benefits from its internet ecosystem. Every organisation that registers under .ng is not just building a website; they are investing in the sovereignty and credibility of Nigeria’s presence in the global digital economy.”
Mrs. Oluwaseyi Onasanya; Chief Operating Officer (COO), NiRA, noted: “We have continued to build a resilient and secure registry that supports businesses, innovators, and institutions across Nigeria. Our priority is to deepen adoption, expand our stakeholder base, and create greater value throughout the .ng ecosystem. The growth trajectory we are on reflects the hard work of our team and the trust our members continue to place in us.”
Mr. Biyi Oladipo; Member, Board of Trustees, NiRA, stated: “The Nigeria Internet Registration Association as a model multi-stakeholder institution that has sustained effective collaboration with government over the years. He noted that this approach reflects a strong and successful framework, positioning Nigeria more prominently on the global digital map.”
Mr. Muhammed Rudman; Past President, NiRA, said: “Adoption of .ng among new businesses must be driven through policy and institutional alignment. The frameworks already exist what is needed is coordinated political will and cross-agency collaboration to translate intent into action,”
Looking ahead, NiRA outlined an ambitious agenda focused on expanding public awareness of the value of .ng domains, deepening partnerships with government agencies, financial institutions, and the private sector, and accelerating digital economy participation among Nigerian businesses.
The Association reaffirmed its commitment to investing in infrastructure resilience, cybersecurity, and stakeholder education ensuring that the .ng registry remains a world-class, trusted foundation for Nigeria’s digital future. NiRA also signalled its intent to lead strategic conversations at regional and continental levels, positioning Nigeria as a model for internet governance in Africa.
As Nigeria accelerates its digital transformation agenda, NiRA stands as a steadfast pillar in the nation’s internet ecosystem. The Association’s unwavering commitment to excellence, governance, and stakeholder value positions it not only as the custodian of Nigeria’s domain registry, but as a strategic partner in building a prosperous, inclusive, and globally competitive digital economy.
NiRA remains resolute in its mission to drive .ng adoption, champion internet governance, and ensure that Nigeria’s digital infrastructure continues to serve as a launchpad for innovation, investment, and national development.
News
FG Owes World Bank $2.08Bn in 2025 – Report

Nigeria’s debt to World Bank’s International Development Association (IDA) rose by $2.08 billion in one year to $19.89 billion as of December 31, 2025, according to an analysis of external debt stock data released by the Debt Management Office (DMO).

The figure represents an 11.7 per cent increase from the $17.81bn owed to the global lender as of December 31, 2024.
So-called IDA is a member of the World Bank Group, headquartered in Washington, D.C. offering concessional loans and grants to the world’s poorest developing countries.
According to the report, Nigeria’s total debt to the IDA rose to roughly $18.2 billion to $18.7 billion by the end of 2025, making it the third-largest borrower globally from the IDA, behind Bangladesh and Pakistan.
DMO data showed that Nigeria’s IDA debt rose from $16.56 billion in 2024 to $18.51 billion n in 2025, an increase of $1.94 billion or 11.73 per cent.
International Bank for Reconstruction and Development (IBRD) exposure also increased from $1.24 billion to $1.38 billion, representing an increase of $141.84million or 11.41 per cent.
The increase means World Bank loans accounted for 38.36 per cent of Nigeria’s total external debt stock of $51.86 billion, as of the end of 2025.
News
World Health Summit Regional Meeting Opens in Nairobi, Focuses on Stronger African Health Systems

The 2026 World Health Summit Regional Meeting opened in Nairobi on Wednesday with a strong call for coordinated action to build more resilient health systems across Africa.

The summit, hosted by Aga Khan University in partnership with the World Health Organization (WHO), Kenya’s Ministry of Health, and the Africa Centres for Disease Control and Prevention (Africa CDC), attracted over 2,000 health leaders, policymakers, researchers, and development partners from more than 50 countries.
The meeting is themed: “Reimagining Africa’s Health Systems: Innovation, Integration and Interdependence.”
Speaking at the opening ceremony, Kenya’s President, William Ruto, urged African governments, health institutions, donor agencies, and development partners to move away from fragmented interventions and adopt system-wide reforms anchored on local ownership, strategic investment, and accountability.
Ruto said Africa must reposition itself within the global health architecture by leveraging its strengths and becoming a source of scalable health solutions rather than being viewed solely through the lens of persistent challenges.
“This imbalance is neither sustainable nor tenable. It calls for a decisive shift from fragmented, piecemeal interventions to comprehensive, system-wide transformation backed by coherent strategy, domestic and international financing, and accountable institutions,” he said.
President of the World Health Summit, Prof. Axel Pries, described the Nairobi meeting as a reflection of Africa’s growing influence in shaping global health priorities.
He said the summit was designed to convene leaders across sectors and regions to translate policy discussions into practical actions that strengthen health systems globally.
Also speaking, Prof. Lukoye Atwoli, International President of the World Health Summit Regional Meeting and Dean of Medical College East Africa at Aga Khan University, said the summit marked a shift in Africa’s role in global health governance.
“For too long, Africa has been the subject of health conversations held elsewhere. Today, African institutions, researchers, and policymakers are co-authors of global health policy,” Atwoli said.
President and Vice Chancellor of Aga Khan University, Dr. Sulaiman Shahabuddin, said despite ongoing challenges such as climate change, chronic diseases, inadequate funding, digital inequality, and workforce gaps, Africa’s health sector is increasingly better positioned to integrate systems, deploy technology, and develop talent for quality healthcare delivery.
WHO Regional Director for Africa, Dr. Mohamed Yakub Janabi, said the summit offered an important opportunity to strengthen collaboration and advance universal health coverage through robust primary healthcare systems.
According to him, discussions at the summit are expected to generate a practical blueprint for building a more coherent and integrated health ecosystem across the continent.
Kenya’s Principal Secretary for Public Health and Professional Standards, Mary Muthoni, said global health security must remain a top priority for governments.
“Global health security is not a luxury; it is a prerequisite for national stability. We must move from reactive crisis management to proactive pandemic preparedness,” she said.
Director-General of Africa CDC, Dr. Jean Kaseya, stressed the need for Africa to finance and build resilient health systems at scale to strengthen health security and reduce dependence on external support.
He said the Nairobi meeting provides a strategic platform for mobilising investments, strengthening partnerships, and advancing African-led healthcare solutions.
The summit will feature over 80 sessions focused on health financing, workforce development, digital health innovation, climate and health, and strengthening universal health coverage.
The meeting continues over the coming days with further discussions expected on emerging health challenges and long-term healthcare resilience across Africa.
E-Business2 days agoOpay Plans IPO in US, Targets $4Bn in Valuation
Telecom2 days agoALTON Rues Vandalism, Others as Critical Infrastructures Suffer Attacks
General News2 days agoHackers Won’t Stop: NDPC Reports 1,500 Attacks, Warns Organisations
General News2 days agoUS to Deny Applicants Saying they Fear Persecution @ Home Visas
News2 days agoFG Owes World Bank $2.08Bn in 2025 – Report
E-Financial2 days agoMeet Top Five Tech-Driven Banks and Their Overseers
General News2 days agoFiona Ahimie, MD First Securities Brokers Elected First Female President of the Chartered Institute of Stockbrokers
General News2 days agoExperts to Tackle AI Disruption in Telecoms, Fintech @WATISE 4.0 in Lagos













