Economy
Aliko Dangote Donates N15bn To Kano University
Aliko Dangote Donates N15bn To Kano University
Aliko Dangote donates N15bn to Kano University. He said the planned projects included design and construction of additional student hostels, among others.
Africa’s richest man, Aliko Dangote, chairman of Dangote Group and Chancellor of Aliko Dangote University of Science and Technology (ADUSTECH) Wudil, has pledged N15 billion for various capital projects in the university.
Mr Dangote announced the largesse at the university’s 5th combined convocation ceremony held on Saturday in Kano.
Mr Dangote hinted that the funds would support a five-year development plan to upgrade the university to global standards.
He said the planned projects included design and construction of additional student hostels, design and construction of engineering labs.
Other projects were the design and construction of a world-class multipurpose computer laboratory with 24-hour internet access.
He said others were the design and construction of a befitting Senate building and post-NYSC career opportunities for high-performing students.
Mr Dangote also commended Gov. Abba Yusuf for his efforts to address the issue of out-of-school children.
He encouraged wealthy individuals to support the government’s initiatives in enrolling children and emphasised that public contributions were essential for the country’s overall development.
Justice Abdu Aboki, Pro-Chancellor of the university, appreciated Mr Dangote’s generosity, stating that it would bring modern development to the university.
He stated that the institution was working hard to produce graduates with expertise in both character and learning.
Also, its Vice-Chancellor, Musa-Tukur Yakasai, said the convocation ceremony celebrated hard work and resilience, disclosing that over 18,000 students graduated in the seven combined convocations.
He commended the Kano State government for settling the university’s backlog of over N100 million and completing abandoned projects on campus.
The vice-chancellor explained that the recipients of honorary doctorate degrees were chosen based on merit and their contributions to the state and Nigeria.
He also said that all the 45 courses offered by the university were fully accredited by the National University Commission (NUC).
Mr Yakasai, however, commended the state government’s commitment to supporting the university’s development, while adding that the university’s researchers had gained international recognition.
Those conferred with honourary doctorate degrees were
Dahiru Mangal, Arthur Eze, Adeniyi Raji (SAN), Ado Mohammad-Mustapha (Amasco) and Rabiu Musa kwankwaso. The ceremony drew personalities from across the country.
Mr Yusuf, also the visitor, congratulated the institution and the students on successfully completing their studies.
He pledged continued support for the institution’s optimal performance and announced two exciting opportunities for the top nine students.

Dangote Donates N15bn To Kano University
They were granted automatic employment and foreign scholarships to study at universities of their choice, recognising their outstanding achievements.
The governor also congratulated Mr Kwankwaso, the founder of the institution, and reaffirmed his commitment to upholding the institution’s values.
Mr Kwankwaso, who spoke on behalf of the awardees, expressed gratitude for Mr Dangote’s commitment to investing N15 billion in the institution, which would facilitate its development.
Dahiru Mangal also received commendation for his pledge to construct a 500-capacity female hostel.
The awardees vowed to continue supporting the institution’s growth and expressed their commitment to supporting the institution’s optimal performance.
Economy
Lagos Assembly Strongly Seeks Suspension Of Makoko Demolition
Lagos Assembly Strongly Seeks Suspension Of Makoko Demolition
Lagos assembly strongly seeks suspension of Makoko demolition. The Lagos state house of assembly has called for the suspension of demolition activities in Makoko, Oko-Agbon and Shogunro waterfront communities following protests by displaced residents and growing public concern over the exercise.
The call was announced on Tuesday by Noheem Adams, chairman of an ad hoc committee set up by Mudashiru Obasa, speaker of the house, during a stakeholders’ meeting held at the Lateef Jakande auditorium.
Adams called on all state ministries to cease demolition work and promised compensation to the affected residents.
“On behalf of the speaker and all 40 members of the house, we are directing that all demolitions in Makoko, Oko-Agbon, and Shogunro communities should stop from today until further notice,” New Telegraph quoted Adams as saying.
He called for transparency by demanding the full list of taskforce members and the criteria used for engagement, insisting that residents must be actively involved in the process.
“That the taskforce that was constituted, we want to see the list of the taskforce because we want the residents to be duly involved and to be carried along. So we want to have the schedule of those task forces and the criteria for those that we are inviting,” Adams added.

Lagos Assembly
“To the residents of Makoko, Oko-Agbon and Shogunro communities, as your representatives, we are giving you all assurances that they will stop demolitions henceforth and there will be compensations for all those whose properties have been demolished.”
Stephen Ogundipe, member of the ad-hoc, said there is need for clear communication, adding that residents targeted for relocation or redevelopment must be informed of the government’s plans in advance.
Babatunde Olajide, special adviser to governor of Lagos on E-GIS and urban renewal, confirmed that $2 million had been earmarked since 2021 to transform Makoko into a modern, internationally compliant water city.
He said enumeration of affected properties is underway and reiterated the administration’s commitment to handling the situation with a human face, prioritizing resident safety and fair compensation.
Yusuf Sagra, baale of Makoko, described the assembly’s decision as a “word of peace,” while Orioye Ogungbure, another leader of the community, praised the “democratic responsiveness” of the government.
Crime
EFCC Arrests Kannywood Star, Samha Inuwa for Alleged Naira Mutilation In Viral Video
EFCC Arrests Kannywood Star, Samha Inuwa for Alleged Naira Mutilation In Viral Video
EFCC arrests Kannywood Star, Samha Inuwa for alleged naira mutilation in viral video. The Kano Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, February 3, 2026 arrested a Kannywood Star, Samha Inuwa over alleged Naira mutilation.
Inuwa was arrested following a viral video circulated on social media platforms where she was seen conspicuously cleaning mucus from her nose using Naira notes.

EFCC
Following the release of the viral video, the Commission swung into action by tracing and subsequently arrested her to answer questions.
She is currently being held at the Commission’s detention facility while investigation is ongoing.
The suspect will be charged to court upon conclusion of investigations.
Dele Oyewale
Head, Media & Publicity
February 3, 2026
Economy
Access Bank Gets New Board Chair Ifeyinwa Osime
Access Bank Gets New Board Chair Ifeyinwa Osime
Access Bank gets new board chair Ifeyinwa Osime. Access Bank Plc has appointed Ifeyinwa Osime as chair of the board of directors, following the retirement of Paul Usoro, on January 29.
Access Bank Plc has appointed Ifeyinwa Osime as chair of the board of directors, following the retirement of Paul Usoro, on January 29, according to a statement to the Nigerian Exchange Ltd. on Monday.
Ms Osime, a legal practitioner, joined Access Bank’s board in November 2019 as an independent non-executive director and had chaired its Human Resources and Sustainability Committee and the Governance, Nomination, and Remuneration Committee. This role made her contribute significantly to the bank’s corporate governance, leadership development, and sustainability initiatives.
Additionally, Ms Osime is a director at Ebudo Trust Ltd. and a partner at McPherson Legal Practitioners, where she advises on corporate and commercial matters and contributes to strategic leadership.
She is also a member of the Nigerian Bar Association, the Women Corporate Directors, Nigeria Chapter, and the Chartered Institute of Directors, Nigeria, where she serves on the Executive Committee of the Women Sectoral Group.

Access Bank Gets New Board Chair Ifeyinwa Osime
Beyond her professional responsibilities, Ms Osime is committed to mentoring youths and is actively involved in the Autism and Developmental Delays Support Community, reflecting her dedication to inclusion and social impact.
Speaking on her appointment, the group chairman, Aigboje Aig-lmoukhuede, said, “Mrs Osime is a principled and experienced leader with a deep understanding of the Bank’s strategy and values.
“She has demonstrated strong commitment to the bank’s vision and mission, and I am confident that, under her leadership, the bank will continue to advance its strategic objectives of delivering sustainable value to shareholders and other stakeholders in the pursuit of its vision to become the world’s most respected African bank.”
Mr Aig-lmoukhuede also congratulated Mr Usoro on the completion of his tenure and on his exemplary leadership, dedication, and significant contributions to the group, saying he remains a valued member of the Access family.
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