General News
Sule Lamido Joins Presidential Race, Unsettles Aso Rock, PDP

Last-minute decision of Dr. Sule Lamido, Jigawa State governor, to challenge President Goodluck Jonathan in next year’s presidential election may have stirred some troubles in the Presidency, according to Vanguard Newspapers.
The two-term governor’s decision is said to have rattled President Jonathan and the party, which had long concluded that the race would be a straight fight between the president and others from the opposition parties.
According to the Vanguard, given its internal permutations, the PDP believes that Jonathan would have a smooth sail to the election, as no other candidate would be able to challenge him and get victory at its planned national convention, which some see as a mere formality for the incumbent to be crowned.
The newspaper gathered from very reliable Presidential sources that there is apprehension in the Presidency following the confirmation of Lamido’s plans.
Former President Olusegun Obasanjo is a friend and father figure to Lamido.
One of the sources said that the Presidency and the PDP had initially dismissed the rumoured ambition of the governor with the hope that it was mere speculation that would fizzle out with time.
A reliable source said that based on the information that Lamido had concluded plans to run for the presidency, Jonathan immediately summoned him to the Presidential Villa to clear the air on the issue.
One of the sources said that Jonathan was shell shocked when Lamido stormed the Villa recently and told the President openly that he was keen on running in the next polls.
“At that point, the President was shocked to hear from Lamido that his presidential ambition should not be seen as mere rumour, as he had made up his mind to run against him,” a presidential source said.
“The way Lamido spoke with the President showed that he was not ready to back down from the race and the way he spoke about the matter was a bit unsettling to Mr. President, who had all along regarded him as one of the governors, who could not move against him,” the source explained.
Lamido was said to have told the President that he had made up his mind to contest against him in the next polls despite a deliberate attempt by forces opposed to his ambition to frame him and his children up.
The governor, it was learnt, told the President that he was upset by the frequent embarrassment of his children by some agencies of government over allegations that one of them passed through an airport without declaring $40,000 in his possession.
He is said to have also drawn the president’s attention to the fact that there was a deliberate attempt by government agencies to tarnish his family’s image all in a bid to make him drop his presidential ambition but that he was not ready to back out of the race.
The action of the governor is said to have angered the Presidency, which promptly reported him to the National leadership of the PDP and asked it to call him to order.
It was learnt that Lamido was emboldened to go for the top job by some of his governor friends and prominent Nigerian leaders, who are uncomfortable with the way things are going in the land.
Almost at the same time early in the month, documents began to fly about that Lamido received gratification of N1.3 billion from two contractors, who had completed two projects valued at N13 billion.
Although an EFCC agent admitted last night that the agency had been investigating the Lamido family for a long time, he denied that the information on the N1.3 billion bribe allegation was instigated by the Presidency.
“Let me tell you that since we arrested Lamido’s son at the airport over non-declaration of $40,000, our operatives have been investigating the family’s account and it is not at the instance of the Presidency as some people are alleging,” the EFCC official said.
But confronted yesterday to confirm or deny his rumoured ambition, Lamido declined to make a categorical statement on the matter.
The governor however foreclosed the possibility of going to the Senate as is the practice of most of his outgoing colleagues.
According to him, the atmosphere for him to become president is not yet there, adding that it is better for him to seek a higher office than to go the legislature to make laws after implementing laws passed by others for eight years.
General News
Cellulant Taps Freddie Oduro to Lead Enterprise Payments Expansion in Ghana

Cellulant, a leading Pan-African payments company enabling seamless digital transactions across Africa, has appointed Mr. Freddie Oduro as its new Country Manager for Ghana.

Mr. Freddie Oduro, New Country Manager for Ghana.
Freddie’s appointment is a key step in Cellulant’s broader strategy to deepen its presence in priority markets by accelerating the acquisition of in-country enterprise businesses and strengthening its position as the payments partner of choice in Africa.
Freddie brings over a decade of commercial and strategic leadership experience in the telecommunications and financial services sectors, with expertise in sales, business operations, and market expansion.
In his new role, he will drive merchant acquisition, strengthening partnerships, oversee collections and payout operations, while ensuring strong internal controls and regulatory compliance.
He joins Cellulant from Payaza and previously served as Sales Director at Cellulant, where he helped significantly expand the company’s footprint in Ghana.
Cellulant has been powering payments in Ghana for leading brands in sectors like e-commerce, utilities, oil and gas and retail, helping them offer their customers a wide range of secure digital payment options.
“We are happy to welcome Freddie back to the Cellulant family,” says Richard Gesimba, Chief Revenue Officer at Cellulant. “Ghana remains a critical market for us, with immense potential driven by rising digital payments adoption.
“As we sharpen our focus on in-country enterprise customers, Freddie’s leadership and industry insight make him the ideal person to steer our Ghana operations.”
The appointment comes at a transformative time for the company. Following a strategic shift between late 2023 and early 2024, focused on streamlining operations, doubling down on enterprise payments, and strengthening customer intimacy, Cellulant achieved profitability in 2024 and continues to build on this momentum.
The company now processes close to 4.5 million transactions daily for businesses across Africa, reinforcing its position as a fintech leader.
“I am honoured to return to Cellulant and lead the Ghana team at such a defining moment,” says Freddie, Country Manager for Cellulant Ghana. “Ghana presents a tremendous opportunity.
“We will ramp up our efforts to sign on more local merchants, strengthen our compliance and control frameworks, and introduce innovative solutions like Tingg Edupay, our automated school fee management solution that eliminates reconciliation delays by validating payments in real time and instantly updating student accounts.
“We will build on Cellulant’s strong foundation to deliver real value, reliability, and economic impact.”
Ghana’s digital payments sector continues to grow steadily, supported by increased mobile money usage and a progressive regulatory environment. Between January and October 2025, the value of mobile money transactions hit about GH¢ 3.6 trillion, up sharply from GH¢ 2.37 trillion in the same period of 2024.
Registered mobile money accounts now exceed 79 million, demonstrating strong consumer and business confidence in digital financial services and in turn creating many opportunities for payment innovation.
This leadership appointment underscores Cellulant’s commitment to building a resilient, high-performance organisation geared towards playing a pivotal role in the next era of Africa’s digital economy.
Looking ahead to 2026, Cellulant plans to further enhance the user experience on its payment platform, Tingg, and expand its footprint across Ghana.
General News
Top Nigerian Startups Secure Funding Boost @ iHatch Demo Day Awards

Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the iHatch National Demo Day, where Interface Africa clinched the highest prize of $15,000.

The 4th cohort of the NITDA–JICA-backed accelerator brought together founders, policymakers, and venture stakeholders in Abuja, showcasing innovations ranging from clean-energy financing and digital food marketplaces to next-gen fintech tools.
The startups went rounds of running through state-level selections and regional competition. iHatch was established in 2021 as a strategic partnership to create an enabling environment for young Nigerians to develop and scale their innovative solutions.
The iHatch National Demo Day (4th Cohort), is an initiative by NITDA and JICA which provides a clear pathway for homegrown talent to contribute significantly to economic diversification and digital transformation.
After rigorous selection processes, the top founders converged to pitch their innovations, recognised the standout performers, which are:
Interface Africa with $15,000, the firm is driving Nigeria’s clean energy transition by enabling structured and affordable solar financing.
Ahioma with $12,000, the firm enhances food accessibility with a digital marketplace connecting consumers directly to trusted vendors.
Linia Finance with $10,000, the firm is helping Nigerians take control of their finances with tools for budgeting, tracking, and smart money planning.
Chapta got a laptop reward. They delivering an offline-capable school application ensuring consistent, accessible learning for students everywhere.
Softdrop also got a laptop reward, they solve logistics challenges through a modern delivery platform designed for speed, convenience, and efficiency.
General News
Fidelity Bank to Host Virtual Masterclass on New Tax Law

Fidelity Bank Plc, a leading financial institution, will host a free virtual training on the Nigeria Tax Act 2025 (NTA) as part of its commitment to helping small businesses prepare for the upcoming legislation.

Fidelity Bank
The masterclass is scheduled for 10:00 AM (Nigerian time) on Friday, 12 December 2025. It will provide participants with clear insights into changes in the tax framework, the impact on income and business operations, and practical steps to avoid penalties in 2026.
Attendees will also learn strategies to stay ahead in an evolving regulatory environment.
The Nigerian government enacted major tax reforms on 26 June 2025 when President Bola Ahmed Tinubu signed four tax bills into law.
These Acts will take effect on 1 January 2026 and represent a significant overhaul of the country’s tax system.
The reforms aim to modernize and harmonize Nigeria’s tax framework, improve revenue generation, broaden the tax base, and create clearer rules for individuals, businesses, and government agencies.
“Our decision to host this masterclass reflects our commitment to empowering businesses with the right information ahead of the commencement of the new tax regime.
“Information is money and a well-informed business owner is already steps ahead in the race to success.
“This is why we are bringing experts to provide accurate details and demystify the tax act,” said Osita Ede, Divisional Head, Product Development, Fidelity Bank Plc.
Interested participants can register via https://bit.ly/2026TaxLawMasterclass .
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