Connect with us

Economy

Tinubu Government Tasks Professional Printers On Collaboration To Drive Growth, Innovation

Published

on

Nationwide Democracy Day Broadcast Cancelled

Tinubu Government Tasks Professional Printers On Collaboration To Drive Growth, Innovation

Tinubu Government tasks professional printers on collaboration to drive growth, innovation. He noted that the printing industry remains a critical pillar of national development.

The federal government has tasked the Chartered Institute of Professional Printers of Nigeria (CIPPON) with collaborating with the public and private sectors to drive growth and innovation for the benefit of the country.

The minister of information and national orientation, Mohammed Idris, gave the charge during the inauguration of the new president and members of the governing council of the institute in Abuja on Monday.
The minister was represented at the event by the permanent secretary of the ministry, Chinasa Ogbodo.

According to him, the composition of the institute’s governing council members reflects confidence in their professionalism, integrity and capacity to advance the standards of the printing profession.

He noted that the printing industry remains a critical pillar of national development, adding that it supports information dissemination, education, governance, commerce and cultural preservation.
“In our era of rapid digital transformation, professional printers are called upon to innovate, uphold quality and maintain ethical standards while adapting to new technologies and sustainability demands.

“The Federal Ministry of Information and National Orientation recognises the vital role of professional bodies such as your institute in promoting best practices, capacity building and national orientation.

“We expect this council to strengthen professional regulation, encourage skills development, protect intellectual property and position the Nigerian printing industry to compete favourably at both regional and global levels. As you assume office, I urge you to lead inclusiveness and accountability and foster collaboration with government, the private sector and educational institutions to drive growth and innovation within the industry,” Mr Idris said.

Responding, the president and chairman in council of CIPPON, Clement Koko-T, appreciated Mr Idris and members of the council, adding that the two-and-a-half-year legal battle facing the institute is over.

“The institute has a rich history of struggle, and I am committed to building new foundations in addition to the one laid by my predecessor, Dr Nili Adesuye, whom I appreciate,” he said.

“My vision is to make CIPPON a world-class professional body, recognised for excellence in printing and other industries. We will advocate the creation of the Office of the Printer General of the Federation and for the 36 states, including FCT, or the Printers Commission, which will oversee the development of the printing industry.

“It will also ensure that the industry is given the recognition it deserves and placed at the proper scheme of affairs. We will advocate for the inclusion of printing as a creative industry in the scheme of things and also work with universities and regulatory bodies to introduce printing technology or printing management at degree level in Nigerian universities.

Nationwide Democracy Day Broadcast Cancelled

Tinubu

“We will organise a summit to discuss the way forward in the printing and allied industry in Nigeria within the first quarter. The summit will bring together stakeholders, industry leaders, industry players and regulatory bodies to chart a course for the development of the industry,” Mr Koko-Tee said.
He called on all members of CIPPON to join him on the journey and work together to promote professionalism, innovation and excellence in the printing industry.

Mr Koko-T explained that the current situation in the institute now requires all hands to be on deck to move the institute forward.
He added that the institute needs unity more than ever before.

“We are all aware of what befell us all these years. Unity is the way to go. If anyone is aggrieved for whatever reason, present it to the table, and let’s look for a solution,” he said.

The high point of the event was the administration of the oath of office for the president and members of the Governing Council of CIPPON by Mr Idris.

Economy

Eid-el-Fitr: NRC Sets To Run Three Lagos–Ibadan Train Trips Monday

Published

on

By

Warri–Itakpe Train Service

Eid-el-Fitr: NRC Sets To Run Three Lagos–Ibadan Train Trips Monday

Eid-el-Fitr: NRC sets to run three Lagos–Ibadan train trips Monday. He assured passengers of NRC’s continued commitment to safe, reliable, and efficient rail services.

This was contained in a statement issued on Friday in Lagos by NRC chief public relations officer, Callistus Unyimadu.

He said the additional trip was in response to high passenger turnout during the Eid-el-Fitr travel period.

“The extra trip is aimed at easing passenger movement and providing more travel options for commuters returning after the Eid-el-Fitr celebrations.

“Under the schedule, departures from Lagos (Mobolaji Johnson Station, Ebute Metta) will be at 7.45 a.m., 1.40 p.m., and 4.00 p.m.

“From Ibadan (Obafemi Awolowo Station, Moniya), trains will depart at 8.00 a.m., 10.50 a.m., and 4.30 p.m.,” he said.

Mr Unyimadu assured passengers of NRC’s continued commitment to safe, reliable, and efficient rail services.

Warri–Itakpe Train Service

NRC Sets To Run Three Lagos–Ibadan Train Trips Monday

He advised travellers to arrive early, comply with ticketing and security procedures, and plan their journeys.

“The corporation appreciates the continued patronage of its services and wishes all passengers a safe and pleasant journey,” he added.

Continue Reading

Economy

UBA, BII Sign Letter Of Intent To Explore Trade Finance Collaboration Across Africa

Published

on

By

UBA Grows Profit

UBA, BII Sign Letter Of Intent To Explore Trade Finance Collaboration Across Africa

United Bank for Africa (UK) Limited (“UBA UK”) and British International Investment plc (“BII”), the UK’s development finance institution and impact investor, announced that they have signed a letter of intent to develop trade finance collaboration opportunities.

The proposed initiative aims to expand access to trade and working capital facilities for businesses operating across Africa.

Access to trade finance remains one of the most significant structural constraints on African trade. Businesses, particularly small and medium-sized enterprises, are frequently unable to secure letters of credit, guarantees, and supply chain finance on commercially viable terms, limiting their capacity to export and import competitively. This trade finance gap is estimated by the African Development Bank to be over USD 80 billion annually.

To help close this gap, UBA UK, the London subsidiary of UBA Group, Africa’s Global Bank, will leverage its deep relationships across the Group’s 20-country African network to originate and structure trade finance transactions. While BII, with a mandate to support productive, sustainable, and inclusive growth across Africa, can support transactions that might otherwise fall outside conventional commercial appetite.

“The signing of this letter with BII represents a landmark moment for UBA UK and for the UBA Group’s global ambitions. As the Group’s hub for Trade Operations, UBA UK is uniquely positioned to connect African businesses with the international financial system. Working alongside BII, we can extend that capability further — mobilising capital where it matters most and helping to close the trade finance gap that holds back so much African potential,” said Lok Mishra, Chief Executive Officer, UBA UK

“British International Investment is committed to catalysing private sector growth across Africa, and trade finance is a critical enabler of that growth. We welcome the opportunity to collaborate with UBA Group, whose pan-African network and deep institutional relationships can help advance our ambition to expand access to trade and working capital finance, particularly in frontier markets,” Chris Chijiuitomi, Managing Director and Head of Africa

The announcement builds on growing momentum around intra-African trade facilitated by the African Continental Free Trade Area (AfCFTA), which entered into force in 2021 and represents one of the world’s most significant trade integration initiatives. Both institutions have identified the operationalisation of AfCFTA as a priority catalyst for a trade finance facility, with UBA UK’s network across major AfCFTA economies offering a basis for supporting businesses navigating the emerging continental market.

This also complements the UK Government’s broader engagement with African economic development, including commitments made at the UK-Africa Investment Summit, and reinforces the City of London’s role as a leading international finance centre for Africa-focused capital mobilisation.

Future cooperation remains subject to further assessment, due diligence and the completion of internal approvals by both parties.

ABOUT UNITED BANK FOR AFRICA (UK) LIMITED

UBA UK is the London-based subsidiary of United Bank for Africa Plc, one of Africa’s leading financial institutions with operations across 20 African countries, the United Kingdom, the United States of America, France, and the United Arab Emirates. UBA UK serves as the Group’s hub for Trade Operations, providing a comprehensive suite of trade finance, treasury, and correspondent banking services to institutional and corporate clients worldwide.

UBA Grows Profit

UBA

ABOUT UNITED BANK FOR AFRICA GROUP

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally. Operating in twenty African countries, the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edge technology.

ABOUT BRITISH INTERNATIONAL INVESTMENT

British International Investment is the UK’s development finance institution and impact investor. The organisation invests in businesses in developing countries to improve people’s lives and help protect the planet. BII’s work targets the underlying causes of poverty and the climate crisis, helping countries break free from aid dependency for good.

Between 2022-2026, at least 30 per cent of BII’s total new commitments by value will be in climate finance. BII is also a founding member of the 2X Challenge which has raised over $33.6 billion to empower women’s economic development.

The company has investments in over 1,600 businesses across 66 countries and total net assets of £9.87 billion. For more information, visit: www.bii.co.uk | watch here. Follow British International Investment on LinkedIn, Bluesky and X.

Continue Reading

Economy

Eid-el-Fitr: President Tinubu Felicitates Muslims, Urges Renewed Unity, Patriotism

Published

on

By

Senator Adeola

Eid-el-Fitr: President Tinubu Felicitates Muslims, Urges Renewed Unity, Patriotism

Eid-el-Fitr: President Tinubu felicitates Muslims, urges renewed unity, patriotism. Mr Tinubu called on Muslims to reflect on the spiritual lessons of Ramadan.

The president urged them to renew commitment to national unity, peaceful coexistence, and service to humanity as they celebrate the festival across the country on Friday.

This is contained in a statement issued by presidential spokesperson, Bayo Onanuga, on Thursday in Abuja.

Mr Tinubu called on Muslims to reflect on the spiritual lessons of Ramadan, noting that the holy month teaches discipline, sacrifice, compassion, and devotion to God and humanity.

He said: “We have a lot to draw from the noble lessons of Ramadan, especially at a time like this.

“We must continue to abide by the virtues of piety, selflessness, perseverance, kindness and compassion beyond this period.”

The president emphasised the need for Nigerians to remain united across religious and ethnic lines, stressing that national cohesion remains vital for sustainable peace and development.

He urged Muslims to extend acts of kindness and charity to the less privileged, irrespective of religious or ethnic background, in line with the enduring values of Islam.

Mr Tinubu noted that such gestures would strengthen social bonds, promote inclusiveness, and reinforce the spirit of brotherhood that defines the Nigerian society.

The president also called on religious leaders to use the occasion to offer prayers for peace, stability, and economic prosperity across the country.

Senator Adeola

Tinubu

He expressed optimism that with collective efforts, Nigeria would overcome its challenges and achieve lasting progress for the benefit of all citizens.

Mr Tinubu wished Muslims a joyous celebration, praying that the blessings of Ramadan would bring renewed hope, strength, and guidance to individuals, families, and the nation.

Continue Reading

Trending