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Smile Communications Unveils “Maxi Plans” — Redefining The Unlimited Experience In Nigeria

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By Ebinum Samuel

 

 

Nigeria’s leading 4G LTE broadband provider, Smile Communications has once again raised the bar in the telecommunications industry with the exciting revamp of its renowned Unlimited Plans.

Formerly known as Freedom Plans, the new and improved Smile Maxi Plans take the concept of “unlimited” to a whole new level — maximum speed, maximum value, maximum satisfaction!

The name “Maxi,” derived from the word maximum, represents Smile’s bold promise to its teeming consumers: nothing else comes close. With this rebrand, Smile is reaffirming its position as the network that delivers the most rewarding and truly unlimited experience across Nigeria.

According to Mr. ’Goke Olaleye, Head of Marketing Operations at Smile Communications, “The Smile Maxi Plans are a celebration of what true unlimited should be. We wanted to give our customers more — more value, real data, and more freedom to do all they love online without limits.

Whether for small businesses, family use, or heavy data users on the go, the Smile Maxi Plans stand tall as the ultimate choice for everyone.”
The new Maxi Plans also come with improved data value, better pricing, and an enhanced experience that ensures consumers enjoy seamless streaming, downloads, video calls, and browsing — anywhere within Smile’s 4G LTE coverage areas.

From entrepreneurs running online businesses to families working and studying from home, and to professionals constantly on the move, Smile Maxi Plans promise to power every connection, every moment, and every smile — without compromise.

Smile Communications continues to lead Nigeria’s broadband revolution, staying true to its mission of delivering world-class internet services with reliability, speed, and unmatched value.
Smile Maxi Plans — Maximum Data. Maximum Value. Maximum Smile.

Mrs.Uwala Esther: Celebrating Nigeria’s iconic agric. researcher

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By Ayo Oyoze Baje

 

One of the most under reported subsectors of the nation’s economic landscape is that of the research institutes and the brilliant minds behind their ground- breaking innovations and inventions. Hardly does the public get to know about the challenges they face, how they overcome such, the benefis of their research findings and the applications thereof . But this is contrary to what plays out in countries such as India, Germany,the United States, the United Kingdom, China,Japan and Cuba.

So, in the bold bid to change the narrative we shall be bringing to the public sphere, some of our researchers who are making the difference. And all that is because we can longer afford to hide the good things happening to us and. It has to be in the push by the clarion call by yours truly,over the decades that we have to make the best use of our best brains.

Interestingly, one of such is Mrs. Uwala Olufunmilayo Esther who was appointed the Head of Station, National Cereals Research Institute (,NCRI),Moore Plantation,Apata,Ibadan. back in October,2024.
A seasoned Rice Breeder and Principal Research Officer, Mrs. Uwala possesses wealth of experience, academic excellence, and exemplary leadership qualities. Her passion for agriculture, which was ignited at the University of Agriculture, Makurdi (now Joseph Sarwuan Tarka University, Makurdi), where she earned her Bachelor’s degree in Agriculture, specializing in Crop Production and Soil Science, between 1998 and 2003. This has furthermore, been aptly exhibited in her quest for advanced knowledge,which led her to the Federal University of Agriculture, Abeokuta, where she obtained a Master’s degree in Agriculture with a focus on Plant Breeding and Seed Technology from 2015 to 2017. These have become manifest with her appointment,where she has continued to prove her mettle in handling human and material resources excellently.

Since she joined the NCRI in 2010 as a Rice Breeder, she has been recognized for her stellar performance and outstanding leadership in every assignment given to her. In fact, her dedication and innovative approach have significantly contributed to the institute’s research advancements. Mrs. Uwala therefore, exemplifies the qualities of a transformational leader which include integrity, empathy, vision, and the ability to inspire and motivate others.

Standing her out; head and shouldes amongst her peers is her servant-leadership approach which has continued to foster an environment where every staff member feels valued and empowered to contribute meaningfully.

So, to get insight into how her duties have been playing out she was asked a few questions for her to respond to. For instance, what have been her challenges, experience and the impact made as the Head of Station,National Cereals Research Institute ( NCRI ) over the past one year?

In response, she explained that: “The challenges have been how to reposition the Research Institute back to the real status to carry out appropriate research on grains and cereals food here in Nigeria The aim is to work towards the real essence, goals and objectives of establishment On her experience, she stated that: “
Leading the Outstation has been mixed experience, having to put the institute in functional mood ,as well as making the staff motivated to deliver on the assigned responsibilities.

 

“The need to source for funds within to meet the daily needs to run the institute with meagre funds available posed serious issues,which are tackled from time to time.”

 

From that financial challenge she was asked what the federal government and the private sector should be doing to assist research institutes in Nigeria? In response, she expressed her opinion that: “The federal government should readily fund the research institutes appropriately to engage in productive research work ,that will give the nation profitable yields.

“A collaborative work and synergy should be developed between the institute and the private sector ,for smooth working relationships,towards functional edifice /establishment.The private sector will argument the gaps in smooth running and effective management ,with contributions in lacking areas ” What a brilliant position from her.

As a role model, having achieved so much even at her young age what is her piece of advice to the younger generation of Nigerians? Responding she stated that: “The younger generation of Nigerians should pay better attention to developing the agricultural sector ,towards increasing the GDP of the country , through revenue from exports . The need for the younger generation to divert attention from oil to agriculture ,which can serve as the mainstay of the economy has become an imperative “.That is apt!

In the light of the above- stated it has become pertinent to know who are her heroes and what has she gained from them? Beaming with a beautiful smile she had this tovsay: “My hero is my father, Dr Ayodele Uwala and Professor D.K Ojo,who have made significant contributions to the growth of agriculture in Nigeria.
My father has made impacts through outstanding contributions in Soybean production , currently the NSA president in Nigeria,while Professor Ojo has track records of impacts in agricultural sector in Nigeria and in theglobal arena”. A chip of the old block, one would admit.

Her background

Born on 21st May,1979 to the family of Mr and Mrs Ayodele Christopher Uwala who hail from Ose LG Area of Ondo state, she commenced her primary education at Sacred Heart Primary School,Ibadan in 1984 and passed out in 1990. Funmi proceeded to Queens school, Ibadan in 1990 and passed out in 1996 with secondary school Certificate.

A brilliant, young girl then gained admission into University of Agriculture,Makurdi,Benue State in 1998 and graduated in 2003.She bagged her first Degree in Agronomy in 2003 and on completion went for the mandatory one year National Youth Service Scheme(NYSC).

Funmi ‘s quest for higher educational advancement led to her enrollment for Masters Degree at the Federal University of Agriculture,Abeokuta (FUNAAB) in 2015.
In 2020,Funmi bagged M.Agric in Plant Breeding and Seed Technology in addition to her earlier obtained Bachelor of Science in Crop Production and Soil Science.

Mrs Uwala Olufunmi Esther Alabi is currently undergoing her Ph.D Programme on Plant Breeding at the FUNAAB

Mrs UWALA Olufunmi
,a scholar of international repute and a breeder with the NCRI, has attended wide range of Seminars and Trainings .Some of which are “Training on Developments of Core Agricultural Researcher for Promotion of Rice production in Sub Sahara Africa by JICA.
Also a Seminar at International Institute of Tropical Agriculture (IITA) themed : IITA Gender ,Youth and Social Inclusion (GYSI).
At different times ,trainings and Seminars
organized by Nigerian Soybean Association (NSA)

Seminars organized by Association of Seed Scientists of Nigeria)ASSN).

Mrs UWALA Olufunmi, a top notch breeder has also attended Annual Symposium of the International Association of Research Scholars and Fellows(IARSAF) at International Institute of Tropical Agriculture (IITA), Ibadan.

A pure bred scientist ,Mrs UWALA has also attended Workshop on ” Biotechnological Applications for Food Security and Wealth Creation at National Centre for Genetic Resources &,Biotechnology (NACGRAB) in Nov 2014.
She attended Training Course on Hybrid Rice and Seed Production in June 2013 and another training course on “Hybrid Rice and Seed Production “, at Saint Louis,Senegal in Nov 2013.

She attended seminar put together by “Nestle Foods” on “Nutrition, Productivity and Nation Building in 2000.
Mrs Uwala Olufunmi Esther,a seasoned agricultural scientist,breeder of academic standard and an administrator of note, is a member of many recoganized organizations.
The General Secretary of Nigerian Soybean Association (NSA), A Member of Agricultural Society of Nigeria (ASN), A Member of Plant Breeders Association of Nigeria ( PBAN), A Member of Association of Seed Scientists of Nigeria (ASSN), A Member of Genetic Society of Nigeria ( GSN) and a member of Plant Breeders Association of Nigeria(PBAN).
Mrs UWALA Olufunmi Esther Alabi is an administrator with skills and outstanding leadership virtues.She served as the Desk Officer for Anti-Corruption and Transparency Unit of ICPC,ACTU,Ibadan Station.
She awesomely shown dedication as the General Secretary of the Nigerian Soybean Association (NSA) South West Region.
Since her first working experience at Ireti Olu Model College,Ido,Ogun State,during her NYSC year in 2003,she has displayed sterling vision and vigour ,which have continued to manifest till date.

Briefly afterward before her gainful employment into the federal government service UWALA Olufunmi Esther worked briefly at the Casava Breeding Unit , Industrial Training at International Institute of Tropical Agriculture,(IITA),Ibadan in 2001.

She sometimes supervised a Project Work titled : Effect of frequent Weed Control in two Upland Rice Varieties in Ibadan South West 2016 at the Federal College of Agriculture,IAR&T,Moore Plantation,Apata, Ibadan.
Mrs UWALA Esther has good number of papers published in international Journals and related associations publications ,both academic and proffessional. She is happily married with children.

All said, she has so far distinguished herself as a great ambassador of both her family and the academia.
We need many more of her type to be a brilliant beacon for her generation and others to come for a Better Nigeria.

Citadel De Continental Hotel & Suites

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Located on 16 Adegbola Street, off Anifowoshe, Ikeja, Citadel De Continental Hotel & Suites, has redefines luxury, elegance and comfort in hospitality genre.

 

With elegant, stylist staff comporting 21st Century hospitality business, the hotel offers 24-hour power supply , functional and freezing airconditioners, swimming pool, exquisite restaurants, vibrant bars and conference spaces for events.

Citadel De Continental Hotel & Suites ensure guests protection through an unmatched security Architecture.

FirstBank Champions Inclusive Fintech Innovation at Canada-Africa Fintech Summit (CAFS 2025)

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FirstBank proudly sponsored the recently held Canada-Africa Fintech Summit (CAFS 2025), which took place from August 5–8 at the Sheraton Centre in Downtown Toronto. Convened by Dr. Segun Aina, President of the African Fintech Network, CAFS 2025 was a landmark event that united fintech leaders, regulators, startups, and investors from Africa and Canada to explore scalable digital solutions, encourage investment, and promote inclusive economic development across both continents.

 

As a legacy institution with over 131 years of leadership in financial services, FirstBank’s sponsorship highlights its commitment to fostering cross-border collaboration, financial inclusion, and forward-thinking innovation in the global fintech landscape. Olayinka Ijabiyi, Ag. Group Head, Marketing and Corporate Communications at FirstBank, stated, “Our support of CAFS 2025 reflects our belief that collaboration between African and Canadian fintech ecosystems can lead to transformative innovations. FirstBank is proud to help shape that future.”

During a high-level panel discussion with Rudy Cuzzeto, MPP for Mississauga–Lakeshore, and David Stevenson, Country Director for the United Nations World Food Programme (Nigeria), Chuma Ezirim, Group Executive for E-Business & Retail Products at FirstBank, stressed the significance of digital collaboration in Africa’s financial ecosystem. “We’re building APIs that understand regulatory bifurcation, who has access to what, and why. The technology is the easy part. The real challenge lies in maintaining security, consent, and performance,” he explained. “In Nigeria, fintech has evolved beyond disruption to convergence, integrating banks, fintechs, and regulators into an agile and accountable ecosystem.” He further emphasized that regulatory clarity is essential for building public trust and attracting private investment in fintech, stating, “The more we collaborate, the more lessons we learn, and the greater the benefits for consumers.”

 

 

In a separate panel discussion, Rachel Adeshina, Chief Technology Officer at FirstBank, shared insights on harnessing AI to enhance credit access for the underbanked. “We’re addressing data poverty by using AI to interpret alternative data, allowing us to lend to individuals who might otherwise be invisible to the traditional credit system,” she noted. Adeshina highlighted that FirstBank has disbursed over ₦1 trillion in digital loans through this AI-driven model, achieving a remarkable repayment rate of over 99%. “This innovation was enabled not only by technology but also by a supportive environment, including API banking regulations, data privacy laws, and a shift from account-based to wallet-based banking,” she added. She also underscored the importance of scalability through collaboration, stating, “In a fragmented continent like Africa, digital scale will come from interoperability. Connecting the 54 markets is the next big challenge, and fintechs are ideally positioned to lead that initiative.”

The summit formed part of Canada’s broader Africa Strategy, aimed at fostering economic partnerships, digital cooperation, and innovation exchange. As Africa’s digital finance ecosystem continues to grow and Canada develops its own open banking framework, events like CAFS 2025 provide a timely platform to align strategies and ignite collaborations.

 

About FirstBank

 

First Bank of Nigeria Limited “FirstBank”, established in 1894, is the premier bank in West Africa, a leading financial inclusion services provider in Africa, and a digital banking giant. 

 

FirstBank’s international footprints cut across three continents ─ Africa, Europe and Asia, with FirstBank UK Limited in London and Paris; FirstBank in The Democratic Republic of Congo, Ghana, The Gambia, Guinea and Sierra Leone; FBNBank in Senegal; and a FirstBank Representative Office in Beijing, China. All the subsidiary banks are fully registered by their respective Central Banks to provide full banking services.

 

Besides providing domestic banking services, the subsidiaries also engage in international cross-border transactions with FirstBank’s non-Nigerian subsidiaries, and the representative offices in Paris and China facilitate trade flows from Asia and Europe into Nigeria and other African countries.

For over 13 decades, FirstBank has built an outstanding reputation for solid relationships, good corporate governance, and a strong liquidity position, and has been at the forefront of promoting digital payment in the country with over 13 million cards issued to customers (the first bank to achieve such a milestone in Nigeria). FirstBank has continued to make significant investments in technology, innovation and transformation, and its cashless transaction drive has been steadily accentuated with virtually over 25 million active FirstBank customers signed up on digital channels including the USSD Quick Banking service through the nationally renowned *894# Banking code.

 

With over 43 million customer accounts (including digital wallets) spread across Nigeria, UK and sub-Saharan Africa, the Bank provides a comprehensive range of retail and wholesale financial services through more than 820 business offices and over 280,000 agent locations spread across 772 out of the 774 Local Government Areas in Nigeria.

 

In addition to banking solutions and services, FirstBank provides pension fund custody services in Nigeria through First Pension Custodian Nigeria Limited and nominee and associated services through First Nominees Nigeria Limited.

 

FirstBank’s commitment to Diversity is shown in its policies, partnerships and initiatives such as its employees’ ratio of female to male (about 41%:59%; and 37% women in management roles) as well as the FirstBank Women Network, an initiative that seeks to address the gender gap and increase the participation of women at all levels within the organisation. In addition, the Bank’s membership of the UN Women is an affirmation of a deliberate policy that is consistent with UN Women’s Women Empowerment’s Principles (WEPs) ─ Equal Opportunity, Inclusion, and Nondiscrimination.

For six consecutive years (2011 – 2016), FirstBank was named “Most Valuable Bank Brand in Nigeria” by the globally renowned The Banker Magazine of the Financial Times Group and “Best Retail Bank in Nigeria” eight times in a row, 2011 – 2018, by the Asian Banker International Excellence in Retail Financial Services Awards.

 

Significantly, FirstBank’s Global Credit Rating was A+ with a positive outlook while ratings by Fitch and Standard & Poor’s were A (nga) and ngBBB+ respectively both with Stable outlooks as at September 2023. FirstBank maintained the same level of international credit ratings as the sovereign; a milestone that was achieved in 2022 for the first time since 2015.

 

In 2024, FirstBank received notable international awards and accolades. Some of these include Nigeria’s Best Bank for ESG 2024 and Nigeria’s Best Bank for Corporates 2024 both awarded by Euromoney Awards for Excellence; Best SME Bank in Africa and in Nigeria by The Asian Banker Global Awards; Best Private Bank in Nigeria and Best Private Bank for Sustainable Investing in Africa by Global Finance Awards; Best Corporate Bank in Nigeria 2024, Best CSR Bank in Nigeria 2024, Best Retail Bank in Nigeria 2024, Best SME Bank in Nigeria 2024 and Best Private Bank in Nigeria 2024 all awarded by the Global Banking and Finance Awards.

FirstBank has continued to gain wide acclaim on the global stage with several international awards and recognitions received so far in 2025 which includes Best SME Bank in Nigeria 2025 and Best SME Bank in Africa 2025 by The Asian Banker; Best Private Bank in Nigeria 2025 and Best Private Bank for Sustainable Investing in Africa 2025 by Global Finance Awards; SME Financier of the Year in Nigeria 2025 by The Digital Banker Global SME Banking Innovation Awards; Best Retail Bank in Nigeria 2025 and Best Bank for Empowering Women Entrepreneurs in Nigeria 2025 all by The Annual Global Economics Awards.

 

Our vision is “To be Africa’s Bank of first choice” and our mission is “To remain true to our name by providing the best financial services possible”. This commitment is anchored on our core values of EPIC – Entrepreneurship, Professionalism, Innovation and Customer-Centricity. Our strategic ambition is “To deliver accelerated growth in profitability through customer-led innovation and disciplined execution.”

 

SPECIAL REPORT: Access Bank, A Game-Changer in Africa’s Financial Future

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In today’s ever-evolving financial landscape, few institutions can claim to be true pioneers. But Access Bank, with its bold vision, cutting-edge innovation, and pan-African presence, has shattered the traditional image of a bank.

 

It is no longer just a financial institution—it’s a movement, a catalyst for economic empowerment, and a force driving sustainable change across continents.

 

From Nigeria to the World

 

With headquarters in Lagos, Access Bank has become Africa’s largest bank by customer base, serving over 60 million customers across more than 20 countries in Africa, Europe, and the Middle East. With bank’s total assets valued at a staggering N41.5 trillion (Access Holdings); N40.8trillion (Access Bank) as at FY December 31, 2024, it’s Nigeria’s largest bank by assets and a formidable multinational financial player.

In Africa, it has recorded a domineering presence in Nigeria, Ghana, Kenya, Rwanda, Sierra Leone, Gambia, Zambia, DRC, Tanzania, South Africa, Cameroon, Mozambique, and Angola. Excellently spreading its tentacles in European countries, its footprint is felt in the United Kingdom and France while it has penetrated the

Middle East: United Arab Emirates (UAE).

 

However, the bank also have representative Offices in India, China, and Lebanon.

 

Innovation as a Growth Engine

 

What sets Access Bank apart isn’t just its size, but its commitment to innovation and customer-centric technology.

In partnership with Avaya, the bank deployed a hybrid cloud contact center solution, enhancing real-time customer engagement and scalability.

 

Result? An impressive 10% increase in customer satisfaction score (from 54% to 64%) and a dramatic Net Promoter Score jump from -4 to +23.

 

Its digital banking platforms support millions of daily transactions, providing secure, accessible banking across mobile, internet, and agent networks.

 

– Advertisement –

 

Expanding Digital Inclusion

 

It’s investment in technology isn’t just about convenience—it’s about financial inclusion:

 

* Over 50,000 Closa Agents across Nigeria, ensuring the unbanked and underserved have access to basic financial services.

 

* Robust mobile banking platforms designed to work even in low-bandwidth areas.

 

* Internet Banking offering seamless 24/7 account management, bill payment, and fund transfers.

 

Banking on Sustainability: ESG in Action

 

Access Bank is Africa’s most recognized ESG-focused bank, winning:

 

* Best Bank in Nigeria

 

* Best Bank in Ghana for ESG

 

 

— both at the Euromoney Awards for Excellence 2024 and 2025

 

Through sustainable finance initiatives, the bank has:

 

* Financed renewable energy projects across rural Africa

 

* Promoted clean energy access

 

* Cut carbon emissions through green operations and eco-loans

 

Its SME Banking Programme empowers thousands of small businesses with tailored financial products, mentorship, and market access—crucial for Africa’s post-pandemic recovery.

 

The 2027 Vision: 125 Million Customers

 

With its determination to be a driver in the industry, Access Bank is targeting 22 African countries by 2027, signaling a strategic drive for dominance across emerging markets.

 

However, doubling its customer base to 125 million by 2027 is a huge feet that is conquerable. In realisation of that, it’s anchoring on:

 

* Aggressive digital expansion

 

* Continental acquisition strategy

 

* Inclusive financial products

 

* Youth and women-focused entrepreneurship financing

 

With its smart, people-first approach, Access Bank is not just participating in Africa’s growth story—it’s writing it.

Conclusion

 

As Africa eye a new economic dawn, Access Bank is proving that banking can be more than numbers—it can be purpose-driven, sustainable, and transformational.

 

For the youth in Kano or Kigali, the entrepreneur in Accra or Addis Ababa, and the rural trader in Makurdi or Mombasa—Access Bank isn’t just a bank. It’s a partner for progress.

 

According to the Nigeria Online Media Alliance (NOMA), this ambition is not only possible—it’s well underway.

 

So, yes—Access Bank is more than banking. It’s the future. And the future is here.

 

“Access Bank represents a bold new vision of what an African bank can and should be—global, inclusive, digital, and sustainable. As Chairperson of NOMA, I can confidently say: This is not just Africa’s largest bank by numbers—it is Africa’s most impactful bank by purpose.”

Access Bank Launches Clean Water Project in 10 Nigerian Communities

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As part of its commitment to sustainable development and community well-being, Access Bank has launched the Access Clean Water Project, a transformative initiative aimed at improving access to clean water, sanitation, and hygiene (WASH) in 10 communities across Nigeria.

 

 

 

Through the Access Clean Water Project, Access Bank has facilitated the installation of boreholes in 10 underserved communities, namely: Arogun, Omu Ishoko, Kemta, Ajibode, Aleku, Ogunrun, Oniwawa, Okeran, Abaren, and Afojupa, ensuring reliable access to clean and safe water for thousands of residents.

 

 

 

The project, implemented in partnership with HACEY, a leading development organisation, directly supports Sustainable Development Goal 6, ensuring availability and sustainable management of water and sanitation for all.

 

 

 

With Nigeria’s population exceeding 200 million and access to pipe-borne water in urban households declining from 32% in 1990 to just 3% in 2015, the need for sustainable water solutions has never been more urgent. The Access Clean Water Project addresses this challenge by providing functional boreholes and WASH education to communities in Obafemi Owode and Otta Local Government Areas, benefiting over 500,000 residents.

 

 

 

This initiative aligns with Access Bank’s broader Corporate Social Investment (CSI) strategy and reinforces its position as a leading sustainability-focused financial institution. By supporting clean water access, the Bank is fostering community growth through improved health, education, and economic opportunities and demonstrating its commitment to inclusive development and long-term positive impact.

 

 

 

Access Bank is proud to support this vital initiative that not only improves lives but also strengthens the foundation for sustainable economic growth,” said Esther Graham, Programme Officer, Health, Access Holdings PLC. “Our commitment to community development is unwavering, and we believe access to clean water is a fundamental right that drives progress.”

 

 

 

In addition to infrastructure development, the Access Bank Clean Water Project includes comprehensive WASH (Water, Sanitation, and Hygiene) education, equipping community members with essential knowledge on hygiene practices and the prevention of waterborne diseases.

 

 

 

The impact of this initiative is far-reaching. By improving access to clean water, the project is expected to significantly reduce the incidence of waterborne illnesses, enhance hygiene standards, and promote healthier living conditions. Ultimately, the project is expected to strengthen community resilience, drives sustainable development, and reaffirm Access Bank’s commitment to fostering inclusive growth and well-being across Nigeria.

Dangote Foundation feeds 10,000 households in Cross River

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As part of efforts to ameliorate the pangs of hunger in the society, the Aliko Dangote Foundation last week began the distribution of 10,000 bags of rice, each weighing ten kilograms, to vulnerable households, people living with disabilities and the less privileged in Cross State.

 

Secretary to the Cross River State Government, Professor Anthony Owan-Enoh, represented the State Governor, Bassey Edet Otu, at the event. Prof Owan-Enoh described the donation as a true example of what public private partnership can do to reduce level of suffering in the society. He said “this impactful gesture, part of a nationwide food intervention effort, is a testament to the power of collaboration between government and private organizations in improving the lives of citizens. On behalf of the Governor, we extend our sincere gratitude to the Aliko Dangote Foundation. This kind of support uplifts our people and aligns perfectly with the ‘People First’ agenda of the Cross River State Government. Cross River State remains committed to partnerships that bring relief, hope, and development to our communities.”

Speaking during distribution exercise, the Head of Operations, Aliko Dangote Foundation, Edero Victor Ejiro, said the initiative is part of the foundation’s annual National Food Intervention Project, which aims to support over one million disadvantaged Nigerians across the country.

 

He stated that the foundation will be distributing 10,000 bags of 10kg rice to the vulnerable population in the state.

He pointed that the Foundation’s distribution is across the 774 local government areas in the country and is intended to cushion the effects of the hardship currently being experienced in the country.

His words: “We are here to present 10,000 bags of 10kg rice to the people of Bayelsa. The Aliko Dangote Foundation has been in existence for over 30 years and has been helpful in the areas of empowerment, nutrition and education.

“This distribution of rice is to support and complement the food security initiative that is been put in place by the various state governments and the rice distribution is across the 774 local government areas in the country. Our target beneficiaries are market women, the vulnerable, physically challenged people, widows and artisans.

“We have seen the template that the state government wants to use to distribute the rice and we are impressed with what we saw, and we believe that they are going to do a thorough job by distributing the rice to the needy and vulnerable in our midst.

“This programme is to support families, support people in the grassroots to alleviate and back up synergy with the state government.”

There was a large turnout of beneficiaries at the event, who after receiving the bags of rice commended the Chairman of Aliko Dangote Foundation for his large heart in caring for the vulnerable in the society. A widow, Victoria Edem Ekpenyong, one of the beneficiaries lauded the Chairman of the ADF for his kind gesture and prayed for God’s continuous protection for him.

Distribution has also kicked off at the local government level, with hundreds of beneficiaries collecting the bags of rice with joy and praising the founder of Aliko Dangote Foundation.

Ekiti Petrol Dealers Hail Dangote’s Initiative To Reduce Fuel Prices

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The Ekiti state chapter of the Petroleum Dealers Association of Nigeria (PEDAN) has lauded the founder and CEO of Dangote Group, Aliko Dangote, for his efforts to reduce the price of Premium Motor Spirit (PMS) through its refinery.

 

The association’s chairman, Olobele Michael Olu, praised the initiative, stating that it would bring relief to the petroleum marketers and Nigerians at large.

 

Speaking after his swearing-in as the new chairman of PEDAN in Ekiti state, Olobele described the Dangote Refinery’s intervention in the energy sector as a welcome development.

 

He noted that the reduction in the price of Premium Motor Spirit would empower petroleum marketers to access capital and operate their businesses efficiently, without fear of incurring losses.

 

According to Olobele, a price reduction to around ₦600 per litre would be ideal for marketers, enabling them to better manage their costs and improve their competitiveness in the market.

 

He lamented that the association still faces significant challenges in accessing capital, citing high bank interest rates ranging from 28% to 33%.

 

He appealed to petroleum marketers in the state to remain patient, assuring them that the association is committed to advocating for their welfare and ensuring they benefit from positive changes in the downstream sector.

 

The PEDAN chairman also highlighted the association’s recent achievements, including securing a rented office space, receiving furniture and office equipment, purchasing a vehicle, and acquiring landed property.

 

Olobele pledged to redouble his efforts towards building a permanent structure for the association and fostering peace among critical stakeholders to record further successes.

 

Other newly inaugurated executives include Akiola Stella Akinola (Vice Chairman), Nwache Kingsley (General Secretary), Micheal Adeniyi (Assistant Secretary) and Omodara Ayokunle (Public Relations Officer).

Africa’s Losing $90bn Annually To Imported Substandard Fuel – Dangote

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…Says Dangote Refinery imports 9-10m barrels of crude monthly from US, others

Africa is increasingly becoming a destination for cheap, often toxic petroleum products — many of which are blended to substandard levels that would not be permitted in Europe or North America.
This concern was raised by the President/Chief Executive, Dangote Industries Limited, Aliko Dangote, during the ongoing West African Refined Fuel Conference held in Abuja. The event is organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and S&P Global Commodity Insights.
Dangote revealed that, due to the continent’s limited domestic refining capacity, Africa imports over 120 million tonnes of refined petroleum products annually, at a cost of approximately $90 billion.
While appreciating the Management of the Nigerian National Petroleum Company Limited (NNPC), for making some cargoes of Nigerian crude available to us from start of production to date, he revealed that the company, monthly import between 9-10 million barrels of crude from the United States of America and other countries. He said: “As we speak today, we buy 9 – 10 million barrels of crude monthly from US and other countries. I must thank NNPC for making some cargoes of Nigerian crude available to us from start of production to date.”
Dangote further stated that despite producing around 7 million barrels of crude oil per day, Africa only refines about 40% of its 4.3 million barrels daily consumption of refined products domestically. In stark contrast, Europe and Asia refine over 95% of what they consume.
“So, while we produce plenty of crude, we still import over 120 million tonnes of refined petroleum products each year, effectively exporting jobs and importing poverty into our continent. That’s a $90 billion market opportunity being captured by regions with surplus refining capacity. To put this in perspective: only about 15% of African countries have a GDP greater than $90 billion. We are effectively handing over an entire continent’s economic potential to others—year after year,” he said.

While reaffirming his belief in the power of free markets and international cooperation, Dangote emphasised that trade must be grounded in economic efficiency and comparative advantage — not at the expense of quality or safety standards. He stressed that, “it defies logic and economic sense for Africa to be exporting raw crude only to re-import refined products—products we are more than capable of producing ourselves, closer to both source and consumption.”
Reflecting on the experience of delivering the world’s largest single-train refinery, Dangote also highlighted a range of challenges faced, including technical, commercial, and contextual hurdles unique to the African landscape.

Africa’s wealthiest man described building refineries such as the Dangote Petroleum Refinery as one of the most capital-intensive and logistically complex industrial facilities ever constructed. The Dangote refinery project, he said, required clearing 2,735 hectares of land (seven times the size of Victoria Island), of which 70% was swampy, requiring the pumping of 65 million cubic metres of sand to stabilise the site and raise it by 1.5 metres, over 250,000 foundation piles, and millions of metres of piping, cabling, and electrical wiring among others.
“At peak, we had over 67,000 people on-site of which 50,000 are Nigerians, coordinating around the clock across hundreds of disciplines and nationalities. Then, of course, came the COVID-19 pandemic which set us back by two years and brought new levels of complexity, disruption, and risk. But we persevered,” he noted.
The refinery also required the construction of a dedicated seaport, as existing Nigerian ports could not handle the size and volume of equipment required. This included over 2,500 pieces of heavy equipment, 330 cranes, and even the establishment of the world’s largest granite quarry, with a production capacity of 10 million tonnes per year.
“In short, we didn’t just build a refinery—we built an entire industrial ecosystem from scratch,” he said.

Despite the refinery’s technical success, Dangote identified significant commercial challenges, particularly exchange rates which have gone from N156/$ at inception to N1,600/$ at completion, and challenges around crude oil sourcing. Although Nigeria is said to produce about 2 million barrels per day, the refinery has struggled to secure crude at competitive terms.
“Rather than buying crude oil directly from Nigerian producers at competitive terms, we found ourselves having to negotiate with international trading companies, who were buying Nigerian crude and reselling it to us—with hefty premiums, of course.
Logistics and regulatory bottlenecks have also taken a toll. Port and regulatory charges reportedly account for 40% of total freight costs, sometimes costing two-thirds as much as chartering the vessel itself.
“Refiners in India, who purchase crude oil from regions even farther away, enjoy lower freight costs than we do right here in West Africa because they are not saddled with exorbitant port charges,” Dangote said.
He added that, in terms of port charges, it is currently more expensive to load a domestic cargo of petroleum products from the Dangote Refinery, as customers pay both at the point of loading and at the point of discharge. In contrast, when they load from Lomé, which competes with them, they pay only at the point of discharge.
Dangote further criticised the lack of harmonised fuel standards across African nations, which creates artificial barriers for regional trade in refined products.
“The fuel we produce for Nigeria cannot be sold in Cameroon or Ghana or Togo, even though we all drive the same vehicles. This lack of harmonisation benefits no one—except, of course, international traders, who thrive on arbitrage. For local refiners like us, it fragments the market and imposes unnecessary inefficiencies.”

Dangote, stating the challenge with diesel production in Africa, noted, “to give one example, the diesel cloud point for Nigeria is 4 degrees. Without going into the technical details, this means that the diesel should work at a temperature of 4 degrees centigrade. Achieving this comes at a cost to us and limits the types of crude we could process. But how many places in Nigeria experience temperatures of 4 degrees? Other African countries have a more reasonable range of 7 to 12 degrees. This is a low hanging fruit which could be addressed by the regulators.”
He also cited the growing influx of discounted, low-quality fuel originating from Russia — blended with Russian crude under price caps and dumped in African markets.
“And to make matters worse, we are now facing increasing dumping of cheap, often toxic, petroleum products—some of which are blended to substandard levels that would never be allowed in Europe or North America,” he said.

Dangote called on African governments to follow the example of the United States, Canada, and the European Union, which have implemented protective measures for domestic refiners.

Access Bank Tanzania Honours President Samia Suluhu Hassan for Exceptional Leadership

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The Board and Management of Access Bank Tanzania, led by Chairman Protase Ishengoma, paid a courtesy visit to the State House to present the Power of 100 Africa Women Award to Her Excellency, President Samia Suluhu Hassan, President of the United Republic of Tanzania.The award was presented in recognition of President Samia’s exceptional leadership, commitment to inclusive governance, and contributions to national and regional development.Speaking during the presentation, Protase Ishengoma, Chairman of Access Bank Tanzania, stated: “This award is a recognition of Your Excellency’s transformational leadership and your unwavering dedication to building an inclusive and prosperous Tanzania.

We are honoured to present this on behalf of Access Bank Group.”“We are proud to align with your excellency’s vision by expanding  access to finance, supporting local businesses, and empowering women and youth,” added Ishengoma.Access Bank Tanzania also used the occasion to highlight its milestones following its market entry through the acquisition of African Banking Corporation (BancABC) in 2024, and the Consumer, Private, and Business Banking portfolios of Standard Chartered Bank Tanzania in 2025. Key indicators include:  Total assets growth from TZS 270 billion to TZS 519 billion; Customer deposits increased from TZS 173 billion to TZS 370 billion; Loan portfolio expansion from TZS 160 billion to TZS 272 billion; Non-performing loans reduced from 4.3% to 3.7%; and Profit recovery from a TZS 2.4 billion loss to a TZS 1.6 billion profit in H1 2025.Access Bank Tanzania reaffirmed its commitment to the government’s development priorities, particularly financial inclusion, gender empowerment, SME growth, and youth engagement.Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank, added: “We are proud of the progress Access Bank Tanzania has made in such a short time.

Our growth reflects our strong alignment with national priorities and our mission to drive sustainable impact across the communities we serve.”Access Bank Tanzania also highlighted its flagship initiatives including the W-Initiative, Womenpreneur Pitch-a-Ton Africa, expansion of agent banking, digital financial services, and support for financial literacy through engagements such as Global Money Week.In line with its sustainability agenda, the Bank emphasized its role in job creation, SME financing, and support for local industries including partnerships with firms like Flight Link Limited, contributing to improved connectivity and economic integration.

The Power of 100 Africa Women Award is a Pan-African platform supported by Access Bank Group, celebrating female leaders advancing sustainable development. Past awardees include Her Excellency Dr. Netumbo Nandi-Ndaitwah, President of Namibia; Her Honour Mutale Nalumango, Vice President of Zambia; and Her Excellency Judith Suminwa, Prime Minister of the Democratic Republic of Congo.