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Maduka counters Cubana Chief Priest says he mentored 67 billionaires

Nigerian businessman and industrialist Cosmas Maduka has replied nightlife promoter Cubana Chief Priest over comments comparing him with other billionaires.​ In a viral video, Maduka shared his journey from a poor background with only a third grade education to becoming a board member of two publicly quoted Nigerian banks and chairman of a credit committee.​ He explained that he has been invited by the United Nations Industrial Development Organisation in Vienna and now runs businesses across five continents.​ Maduka said he does not compare himself with leading billionaires like Femi Otedola and Aliko Dangote, noting that they might have done even better if they faced his kind of hardship. He stressed that he rose from the streets without formal degrees, unlike some of his peers whose parents could afford higher education.​ He criticised people who make noise without real wealth, […]

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EU Launches Reality Show to Combat Youth Extremism in Northwest Nigeria

The European Union (EU) and Search for Common Ground have launched a new reality show in Northwest Nigeria to address youth vulnerability to violent extremism. The initiative, highlighted at an Abuja event, focuses on empowering young people in Katsina, Zamfara, and Sokoto by improving economic opportunities, conflict-resolution skills, and social inclusion. EU Ambassador Gautier Mignot described the project as “a timely intervention” that puts youths at the center of shaping peaceful communities. The programme is based on youth-led research and aims to provide mentorship, entrepreneurship training, and peacebuilding skills. At least 50% of participants will be women, and people with disabilities and both rural and urban participants will be included. A unique aspect is ‘The Hustle Reality Show,’ which will train youths in financial literacy, entrepreneurship, and community leadership through televised and digital content in English and Hausa. Participants will […]

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UK to Allow Nigerians, Other Foreign Students Switch to Innovator Founder Visa

The United Kingdom has announced that international students—including thousands of Nigerians—will soon be able to switch directly to the Innovator Founder visa from within the country. This major policy shift, effective November 25, 2025, allows students on valid Study visas to transition to the business-focused visa route without returning to their home country. Formerly, international students had to exit the UK before applying for the Innovator Founder visa. The new rule removes that hurdle, enabling students to set up businesses and launch their entrepreneurial careers as their applications are being processed in the UK. The Innovator Founder visa permits graduates to establish and operate innovative businesses that introduce novel products or services to the UK market. To be eligible, applicants must present a viable business idea endorsed by an approved body and meet all other requirements. This policy update follows […]

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FG youth programmes reduced crime in Niger Delta – NDYM

The Niger Delta Youth Movement (NDYM) has commended the Federal Government for implementing various youth training and empowerment programmes that have significantly reduced criminal activities across the Niger Delta region. In a statement issued by its National President, Comrade Major Ekene, NDYM stated that the Federal Government’s youth-focused interventions under President Bola Ahmed Tinubu have contributed to a sharp decline in militancy, youth restiveness, crude oil theft, and other forms of economic sabotage. The group expressed appreciation to the Ministry of Regional Development, led by Engineer Abubakar Momoh, for effectively implementing the Tinubu administration’s initiatives aimed at transforming the lives of young people through practical and entrepreneurial training. “The Niger Delta Youth Movement, the umbrella body of all youths in the region, deeply appreciates the Ministry of Regional Development for its pragmatic training programmes,” the statement read. “We pledge our […]

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Women Key to Tinubu’s $1 Trillion Economy Plan – Minister

The Minister of Women Affairs, Hajiya Imaan Sulaiman-Ibrahim, has stated that achieving President Bola Tinubu's vision of a $1 trillion economy is dependent on the economic empowerment of Nigerian women. Speaking at a business summit in Abuja, the Minister emphasized that women's full participation is crucial for national prosperity. She highlighted the hospitality and events industry as a key sector where women are already driving job creation and innovation. To support this goal, the minister unveiled a major new initiative: a National Fellowship and Incubator for Women. This program aims to provide mentorship, training, and access to capital for women entrepreneurs. "Our non-negotiable mission is to empower 10 million women by 2030," Sulaiman-Ibrahim declared. She also addressed a major obstacle for women—the "Care Economy." She pledged government investment in affordable childcare and domestic services to free up women's time for […]

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FG Boosts Youth Empowerment with ₦1m Grants for 17 Startups

The Federal Government has reaffirmed its commitment to youth empowerment through innovation and entrepreneurship as 17 promising startups received ₦1 million each under the Nigerian Youth Academy (NiYA) initiative. Minister of Youth Development, Dr. Ayodele Olawande, said the Nigerian Youth Academy was designed to equip young Nigerians with the skills, tools, and networks needed to thrive in an innovation-driven economy. Speaking at the NiYA Startup Pitch event, Dr. Olawande described the programme as “more than a competition,” noting that it reflects what happens when young Nigerians are given opportunities to turn creativity into sustainable impact. “This event is part of our NiYA journey to support youth innovation, entrepreneurship, and national development. Through NiYA Gigs, NiYA Jobs, NiYA Academy, and NiYA Startup, we are building an ecosystem that supports young people from learning and training to scaling their businesses,” he said. […]

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Togo Launches 13th Adjafi Fair to Boost Young Entrepreneurs and MSME Competitiveness

The 13th edition of the Adjafi Fair, the largest business and cultural gathering for young entrepreneurs in Togo, officially opened on August 25, 2025, in Lomé. The event was launched by Minister Mazamesso Assih, in charge of Grassroots Development, Financial Inclusion, Youth, and Youth Employment. Running until September 7, the fair aims to promote entrepreneurship, innovation, and competitiveness among young Togolese. It provides a platform for networking, visibility, and business growth, bringing together over 300 entrepreneurs from different sectors and attracting nearly 8,000 visitors per day. This year’s theme — “Agri-food: improving the packaging of Togolese products for greater competitiveness of MSMEs in the AfCFTA market” — highlights the importance of quality packaging in boosting the value and market access of Togolese products. According to the organizers, better packaging is key for positioning MSMEs in the African Continental Free Trade […]

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Create, innovate, undertake: young people at the heart of economic recovery

Create, innovate, undertake: young people Youth entrepreneurship is more than ever a priority for the Togolese authorities. The stated ambition is clear: to stimulate economic recovery by leveraging the creativity, innovation, and boldness of young people , while improving their access to financing, support, and market opportunities. It is in this dynamic that an interactive meeting was held on Friday, bringing together young entrepreneurs, students, micro-enterprise managers and officials from the Ministry of Grassroots Development, Youth and Youth Employment . Identify the obstacles, release the potential At the heart of the discussions: the obstacles to business creation . The participants p difficult access to financing, lack of technical support, administrative burden, and a still weak entrepreneurial culture. But there was no fatalism around the table. The young people shared their concrete experiences , from failures to successes, in a spirit […]

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Tinubu’s Aide Backs Women Entrepreneurs as Pink Fleur Launches Purpose-Driven ‘Noor Collection’

Abuja's fashion elite witnessed a powerful fusion of style and social impact as Princess Atika Ajanah, Senior Special Assistant to President Tinubu, championed women entrepreneurs at Pink Fleur's exclusive "Noor Collection" launch. 💼 Government's SME Boost Ajanah revealed concrete support for entrepreneurs: *"This administration is creating sewing hubs where designers rent machines for ₦200/hour. We're providing grants and technical training – especially in fashion."* Key initiatives include:✅ Ministry of Industry, Trade & Investment programs✅ Youth Development Ministry skill-building✅ Affordable infrastructure for startups✅ Direct grants for qualifying businesses "Pink Fleur proves SMEs can scale rapidly. This isn't small business – it's inspirational," Ajanah declared, urging resilience: "Push through startup hiccups. Consistency brings success." 👗 Noor Collection: Fashion With Meaning Designer Zainab Salihijo unveiled her sunrise-inspired line featuring:🌅 Ethereal fabrics reflecting dawn's glow💝 Social impact: Employing IDP women to clean Abuja parks♻️ Timeless pieces designed for 10+ […]

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