news
Tony Elumelu to Deliver Keynote Address at TICAD Africa Development Conference in Japan
![]()
Tony O. Elumelu, Founder of the Tony Elumelu Foundation and the Chairman of the United Bank for Africa (UBA), will speak at the Seventh Tokyo International Conference on African Development (TICAD), taking place in Yokohama, Japan from August 28 – 30, 2019. As the leading champion of entrepreneurship in Africa, Mr. Elumelu will ensure that the voice of a new generation of African entrepreneurs, capable of transforming the continent, is heard at the highest level.
Elumelu will speak alongside global and African political and business leaders, including Prime Minister Shinzō Abe of Japan; H.E. Mr. Muhammadu Buhari, President of Nigeria; H.E. Mr. Abdel-Fattah El-Sisi, President of Egypt and Chair of the African Union (AU); H.E. Mr. Cyril Ramaphosa, President of South Africa; and H.E. Mr. Paul Kigame, President of Rwanda.
Mr Elumelu will deliver a keynote speech at the Plenary Public-Private Business Dialogue, the core session, that brings together Japanese and African public and private sector leaders at TICAD. At this event, Elumelu will promote his philosophy, Africapitalism, which posits entrepreneurship being the key to unlocking economic transformation in Africa as he highlights the urgent need to empower young entrepreneurs and how critical it is for governments and other policy makers to create the enabling environment that ensures entrepreneurial led growth.
Following a welcome address by the Japanese Prime Minister, Mr Shinzo Abe, Mr. Elumelu will deliver the keynote address at the official Business Forum, hosted by the Japan External Trade Organisation (JETRO). The Conference provides a unique platform for key decision makers from Japan and Africa, both in business and politics, to identify opportunities for investment and knowledge exchange.
At a time when international governments and agencies are increasingly recognising that the route to Africa’s transformation is through African-led solutions and private sector growth, Mr. Elumelu’s track record of success, founding UBA, now one of Africa’s leading financial services groups, with presence in twenty African countries, New York, Paris and London as well as his multi-sector proprietary investment holding company, Heirs Holdings, employing over 30,000 Africans, typifies a new generation of African business dynamism.
Mr. Elumelu during his visit to Japan, will join H.E. Paul Kagame, President of Rwanda and Co-Chair of the Leaders’ Group of Generation Unlimited (Gen-U), and UNICEF Executive Director, Henrietta Fore, to co-chair a UNICEF [and Africa Union] breakfast meeting focused on catalysing investment in African youths and developing a specific vision for job creation in Africa. The event will seek specific commitments from African leaders for the implementation of a business plan for digital connectivity in Africa such as the Tony Elumelu Foundation’s TEF Connect, the largest digital network for African entrepreneurs.
Through the Tony Elumelu Foundation, Mr. Elumelu is forging the new narrative for Africa. In the first five years of the Foundation’s flagship Entrepreneurship Programme, 7,521 African entrepreneurs from all 54 African countries have benefitted from Elumelu’s personal commitment of $100m seed capital funding, mentorship, and training. Six of the beneficiaries of the Programme have been sponsored to attend TICAD conference, sponsored by the UNDP.
Mr. Elumelu will be accompanied by a delegation from the United Bank for Africa and the Tony Elumelu Foundation, including Ifeyinwa Ugochukwu, CEO, Tony Elumelu Foundation; Dupe Olusola, Group Head, Marketing, UBA, and Muyiwa Akinyemi, Group Head Corporate Banking, UBA.
Organised by the Japanese Government, TICAD is a three yearly forum for advancing Africa’s development through people, technology and innovation, bringing together government, business leaders, companies and other stakeholders.
news
BREAKING: Appeal Court Rules VIO Cannot Stop or Impound Motorists’ Vehicles
![]()
The Court of Appeal in Abuja has affirmed the October 4, 2024 judgment of a Federal High Court in Abuja barring the Directorate of Road Traffic Services (popularly called VIO) from further stopping, impounding, or confiscating vehicles on the road and imposing fines on motorists.
In a judgment on Thursday, a three-member panel of the appellate court resolved the three issues identified for determination against the appellant, the Directorate of Road Traffic Services.
Court warns EFCC boss over non-compliance with order to release 27 wrongly seized houses
Alleged criminal defamation: Court grants FG’s request to shift Natasha’s trial till next year
Read Also: Court strikes out stealing charge against businessman
Justice Oyejoju Oyebiola Oyewumi, who delivered the lead judgment, held that the appeal was without merit. She awarded a cost of N1million against the appellant and in favour of the respondent, a rights activist and public interest attorney, Abubakar Marshal.
news
Breaking : Ex-CDS Musa Gets Tinubu’s Nod for Defence Minister Role
President Bola Tinubu has nominated a former Chief of Defence Staff, General Christopher Musa, as the new Minister of Defence.
The nomination was conveyed in a letter sent to Senate President, Godswill Akpabio, on Tuesday, announcing Musa as the replacement for Mohammed Badaru, who resigned from the position on Monday due to health reasons.
In his letter to the Senate, the President expressed confidence in Musa’s capacity to lead the defence ministry and strengthen Nigeria’s security framework.
The nomination was confirmed in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.
The statement added, “General Musa, 58, on December 25, is a distinguished soldier who served as Chief of Defence Staff from 2023 until October 2025. He won the Colin Powell Award for Soldiering in 2012.
“Born in Sokoto in 1967, General Musa received his primary and secondary education there before attending the College of Advanced Studies in Zaria. He graduated in 1986 and enrolled at the Nigerian Defence Academy the same year, earning a Bachelor of Science degree upon graduation in 1991.
“General Musa was commissioned into the Nigerian Army as a Second Lieutenant in 1991 and has since had a distinguished career.
“His appointments include General Staff Officer 1, Training/Operations at HQ 81 Division; Commanding Officer, 73 Battalion; Assistant Director, Operational Requirements, Department of Army Policy and Plans; and Infantry Representative/Member, Training Team, HQ Nigerian Army Armour Corps.
“In 2019, he served as Deputy Chief of Staff, Training/Operations, Headquarters Infantry Centre and Corps; Commander, Sector 3, Operation Lafiya Dole; and Commander, Sector 3 Multinational Joint Task Force in the Lake Chad Region.
“In 2021, General Musa was appointed Theatre Commander, Operation Hadin Kai. He later became Commander of the Nigerian Army Infantry Corps before being appointed Chief of Defence Staff by President Tinubu in 2023.”
Newsthumb had earlier reported that Badaru, who was appointed Minister of Defence on August 21, 2023, cited ill health in his resignation letter.
A statement by Onanuga added that Tinubu had accepted the resignation and thanked him for his service to the nation.
The statement further noted, “President Tinubu will likely inform the Senate of Badaru’s successor later this week.
“His resignation comes amid President Tinubu’s declaration of a national security emergency, with plans to elaborate on its scope in due course.”
Badaru recently came under criticism following a BBC Hausa interview in which he said some terrorists could not be targeted because their forest hideouts were too dense for bombs to reach.
Stephen Angbulu
With three years of experience, Stephen, The PUNCH correspondent, has been covering Nigeria’s presidency, politics, security, immigration and trafficking in persons
news
Global Powers Back Nigeria’s War on Terror — Ribadu Confirms Support from US, UK, France
![]()
The National Security Adviser, NSA, Mallam Nuhu Ribadu, yesterday disclosed that the international community was standing firmly with Nigeria in the fight against terrorism, with the United States, France and the United Kingdom already providing technical support to ongoing security operations.
Ribadu spoke in Kontagora, Niger State, during a visit to the Chairman of Christian Association of Nigeria, CAN, Northern Region, Bishop Bulus Yohanna, alongside distraught parents of pupils abducted from St. Mary’s Private Catholic School, Papiri.
He said President Bola Tinubu was deeply troubled by the incident and had directed security agencies to deploy all necessary resources to ensure the safe return of the abducted children.
Speaking to Christian leaders and parents who gathered at St. Michael’s Catholic Cathedral, Ribadu said: “This is a painful period for all of us but I want to assure you: we will rescue your children. The President is deeply concerned and has directed that everything necessary must be done.”
The NSA, accompanied by the Minister of Humanitarian Affairs and Poverty Alleviation, Bernard Doro; Director-General of the Department of State Services, Oluwatosin Ajayi; and CAN Northern Region Chairman, Joseph Hayab, said operations had been intensified to secure the children’s release.
He conveyed President Tinubu’s message of solidarity and resolve, noting that the President had suspended official engagements, including a scheduled trip, to focus on the matter.
Ribadu added that the Federal Government was taking full responsibility for restoring security in the affected communities.
He commended Bishop Yohanna for his leadership and calmness in a period of deep anxiety, assuring that Nigeria was not alone in the battle against terror.
“The whole world stands with us. This evil will not prevail. Your children will come back safely. That is our solemn promise,” he said.
Ribadu stressed that rescue operations would not slow down until the pupils were safely reunited with their families.
Earlier, Bishop Yohanna expressed gratitude to the Federal Government for the visit, saying it had renewed hope among families traumatised by the attack. He noted that the show of support demonstrated the government’s commitment to protecting citizens.
-
news5 years agoUPDATE: #ENDSARS: CCTV footage of Lekki shootings intact – Says Sanwo – Olu
-
lifestyle5 years agoFormer Miss World: Mixed reactions trail Agbani Darego’s looks
-
health5 years agoChairman Agege LG, Ganiyu Egunjobi Receives Covid-19 Vaccines
-
lifestyle4 years agoObateru: Celebrating a Quintessential PR Man at 60
-
health5 years agoUPDATE : Nigeria Records 790 new cases of COVID-19
-
health5 years agoBREAKING: Nigeria confirms 663 new cases of COVID-19
-
entertainment10 months agoAshny Set for Valentine Special and new Album ‘ Femme Fatale’
-
news7 months agoBREAKING: Tinubu swears in new NNPCL Board