News
Standard Chartered Donates $11.8M for COVID-19 Relief Efforts Across Africa

Standard Chartered has announced donations totalling USD11.8 million to the Red Cross, UNICEF and local non-governmental organisations (NGOs) and Government Partners providing emergency relief in countries across Africa and the Middle East impacted by COVID-19.

The donations will contribute to programmes providing urgent medical support and the protection and education of vulnerable children, as well as other efforts to ensure the health, safety and protection of communities across Africa and the Middle East.
To ensure donations are allocated on the ground where they can provide rapid and targeted impact, Standard Chartered has:
-Pledged USD3,55 million of funding to the Red Cross for urgent medical support in nine markets across Africa. Funding will support activities such as the provision of primary and secondary health care, communication of protection measures, provision of personal protection equipment (PPE) for Red Cross staff and the distribution of food, care and education packages for those impacted by COVID-19.
-Pledged USD3,25 million of funding to UNICEF for the immediate protection and education of vulnerable children in Pakistan and across eight markets in Africa.
Funding will support activities such as the provision of remote education via TV, radio, online and mobile platforms and child protection measures including: alternative care arrangements and family tracing services for children separated from their families due to COVID-19; training for social workers to conduct home visits to vulnerable children for mental health support; and alternative care and protection services for children of parents or caregivers affected by COVID-19.
These donations are part of Standard Chartered’s USD10 million pledge USD5 million to Red Cross and USD5 million to UNICEF – to support COVID-19 emergency relief activities across its markets in Asia and Africa.
On top of USD6.8 million donations to the Red Cross and UNICEF in the region, Standard Chartered has pledged a further USD5 million for local NGO and Government partners across Africa and the Middle East to bring the total committed to USD11,8 million.
Commenting on the donation, Sunil Kaushal, Regional CEO, Standard Chartered Africa and the Middle East said: “Ensuring the health, wellbeing and stability of the societies in which we are present, is paramount. We are proud to be able to contribute to Red Cross and UNICEF programmes that reach the most vulnerable people in our communities.
“Standard Chartered’s purpose is rooted in our communities as we strive to create sustainable prosperity in the markets where we operate. By working with Red Cross and UNICEF, we can support those affected by this crisis and together, overcome the adversities we currently face.”
Dr Simon Missiri, Regional Director for Africa, at the International Federation of Red Cross and Red Crescent Societies, said:
“Thanks to Standard Chartered’s generous donation, Red Cross Red Crescent Societies can support local communities now facing increasing challenges due to the pandemic.
“Red Cross and Red Crescent volunteers are the front-line responders, and these funds will help address some of the most urgent health and socio-economic impacts faced by the most vulnerable people across our country. Thanks to the vital donation from Standard Chartered we can continue to support more people facing the devasting effects of Coronavirus.”
Gary Stahl, Director, UNICEF Private Fundraising and Partnerships Division, said: “In any crisis, the young and the most vulnerable suffer disproportionately. This pandemic is no different. With the majority of the world’s children living with some form of pandemic-related movement restrictions and 1.3 billion children around the globe affected by school closures, UNICEF’s work for children has never been more critical than now.
Thanks to this donation from Standard Chartered, UNICEF will be able to support remote education via TV, radio, online and mobile platforms and child protection measures for vulnerable children across the world.”
In addition to the donation, Standard Chartered has also put in place a comprehensive support programme for our clients including USD1 billion of financing for companies that provide goods and services to help the fight against COVID-19, and those planning the switch into making products that are in high demand to fight the global pandemic; and a comprehensive support scheme for retail and business customers, including loan repayment holidays, fee waivers or cancellations and loan extension facilities.
News
Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.
Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.
Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.
To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.
Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.
“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”
The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.
“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.
News
Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt
Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.
GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.
Individuals owe N13.5 million to N35 million each.
Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.
More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.
Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.
Pedro urged prompt filings and payments.
News
Beware of Fake Cerelac Products – NAFDAC

National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians on counterfeit and unregistered Cerelac Mixed Fruits and Wheat products being sold in Lagos.

NAFDAC said Nestle Nigeria, the genuine Marketing Authorisation Holder of the product, received a complaint of suspected counterfeit purportedly manufactured by Nestlé Spain, bearing Batch Code 308002910.
It said that Nestle Nigeria reported that the complainant described that the counterfeit product emitted an odour suggestive of possible contact with fuel.
NAFDAC said that preliminary review of the product by Nestle Nigeria indicated that it had expired, in spite of the container displaying an expiry date of 10-2026, which suggested that the date coding had been tampered with (revalidated).
Nestle Cerelac Mixed Fruits and Wheat is a nutritious infant cereal, designed to be a delicious first food for infants.
NAFDAC said that its post-marketing surveillance’s directorate officers in Lagos conducted a surveillance visit to Maxland Shopping Centre, 193 Ago Palace, Okota, where the product was purchased by the complainant.
It added that the suspected counterfeit and unregistered Cerelac were found on sale at the premises and subsequently mopped up, while Nestle assisted in identifying the distinguishing features between registered and unregistered product.
According to the regulatory agency, Nestle revealed that the unregistered product used a hyphen (-) to separate the day from the year, while the registered product used a slash (/) to separate the day from the year.
“It is important to note that Nestle Nigeria is not aware of the channels through which the products are supplied into the country.
“Healthcare professionals and consumers are advised to report any suspicion of the sale of substandard and falsified regulated products to the nearest NAFDAC office, call 0800-162-3322, or send an email to [email protected],” NAFDAC said.
The agency warned that counterfeit formula often lacked essential nutrients, vitamins and minerals, leading to stunted growth or developmental issues.
It said that such formula might also contain contaminants that might lead to severe health consequences to infants or even death.
NAFDAC reiterated its commitment to safeguarding public health adding that it would continue surveillance activities to ensure the quality, safety, and efficacy of all NAFDAC-regulated products circulating in Nigeria.
It said that all zonal directors of the agency and state coordinators had been directed to carry out surveillance and mop up the revalidated product, if found within the zones and states.
The agency urged distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain, to avoid the distribution, sale, and use of fake products.
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