News
Young People Have Power to Change Nigeria – Peter Obi

Peter Obi, former governor of Anambra state and chairman of the Securities and Exchange Commission (SEC), has advised the Nigerian youth to venture into politics irrespective of how they view the political field, noting that their involvement would help in advancing the development of the country.
Obi made this declaration at the February edition of the quarterly Words of Wisdom (WoW) series organised by Wesley Chapel Lekki on Saturday, 13th of February 2016 in Lagos.
Obi, who was the guest speaker, spoke extensively on his experiences both as a corporate executive and politician; saying young people should get involved in politics and become change leaders to be able to enjoy a secure future.
“Many people have said politics is negative and therefore, they don’t want to be associated with it. My candid advice to all young Nigerians is that they should get into politics and actively participate. Yes, you might have dissenting views concerning politics and all that is done in government but if you don’t participate, how do you expect your beloved country to develop? How your future and that of Nigeria shapes up depends on what role you played in the development of the nation,” he said.
The former governor who narrated to the audience present, his ordeals with regards to corruption in Anambra state while as governor lamented about the state of corruption in the country and said all hands must be on deck to fight the seemingly incurable vice. He however noted that the fight against corruption must go “beyond what we read in newspapers.”
“Corruption Kills. The corruption problem is bigger that what we are seeing and can be wholly remedied by tightening of the loopholes. We must fight for our country; fight corruption beyond what we read in newspapers by eliminating wastages embedded in government bureaucracies. Public wealth and not private wealth builds the economy,” he remarked.
Speaking on the level of entrepreneurial drive in Nigeria, Obi, who once served as the Chairman of Fidelity Bank, said entrepreneurship remains a key driver of any economy and must be encouraged. The SEC Chair who noted the low level of entrepreneurial activities in the country attributed it to the sleaze and brazen highhandedness associated with government officials at all levels.
“We have great minds that compare with the likes of Bill Gates but could not thrive because corruption kills creativity and the entrepreneurial spirit. A Nigerian was recently celebrated for selling his company to Apple for $1 billion. Do you think that would have happened if he were here in Nigeria? The same system would have frustrated his business from prospering,” he remarked.
Advising present entrepreneurs not to despair despite the present economic climate of the country and also encouraging people to take up entrepreneurship and create wealth, Obi remarked; “If a man has never created wealth, he cannot manage wealth.”
He also had a word for Nigerians who are frantically ensuring that they leave the country to get employed and take up residency abroad; “For our country to develop, we must have faith in her. We must all keep our monies and talents here. Keeping monies overseas impoverishes us. We must believe in our country to make it work.”
Also speaking, Sir Demola Aladekomo, the Convener of the Words of Wisdom series, said; “We have had the privilege of listening to a patriotic Nigeria, Sir Peter Obi, whose experience transverse the public and private sectors of the Nigerian economy as a senior business leader and top public officer. He excelled in both the private and public sectors and his testimonies here today is a testament that hard work and honesty pays, two virtues which are painfully becoming scarce in our country today.”
Words of Wisdom is a programme conceived by Sir Aladekomo, to reach out and provide quality mentorship for young people to ensure they excel in their personal and professional lives.
The programme provides young people with the platform to listen, question and engage senior business leaders, administrators and entrepreneurs on how to plan and make decisions that will benefit their careers.
News
Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.
Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.
For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.
CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”
Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.
Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.
Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”
The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.
That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.
News
NCAA to Introduce RFID Technology to Tackle Missing Luggages

Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.
Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.
According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.
Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.
Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.
He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.
The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.
The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.
The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.
News
Firm Urges MSMEs to Increase Digital Payments Adoption for Growth

eTranzact International Plc has called for increased adoption of digital payment solutions among micro, small and medium enterprises (MSMEs), saying access to technology is critical to improving business efficiency, financial inclusion and growth.

The company also said it was deepening its partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to expand digital access and financial literacy among small businesses across the country.
In a statement, the Divisional Head, Merchant Services, eTranzact, Mrs. Abimbola Reis, stated this at the SMEDAN/eTranzact Town Hall Engagement in Lagos recently, themed, “Financial Literacy and Inclusion for MSMEs Leveraging on Fintech Innovation.”
Reis described MSMEs as the backbone of Nigeria’s economy, noting that the sector comprises almost 40 million businesses and contributes significantly to economic growth and job creation.
However, she said many businesses continue to face challenges including limited access to finance, inefficient payment systems, weak financial reporting, cash-flow constraints and inadequate access to digital platforms.
She added that trust concerns also affect businesses’ ability to access finance, while heavy reliance on cash increases exposure to theft and makes payment reconciliation more difficult.
Representing the Director-General of SMEDAN, Prof. Yinka Fisher said the town hall was aimed at generating practical ideas and solutions that would support the growth and expansion of MSMEs.
“The essence of this engagement is to share ideas and concepts that will help MSMEs thrive and expand. Our partnership with eTranzact is about expanding the frontiers of MSMEs and ensuring they continue to grow,” he said.
Also speaking, representative of the Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Praise Adedigba said businesses could no longer depend solely on hard work to remain competitive.
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