NEWS
Sanwo-Olu, Cabinet Members Visit Obasa Over Father’s Demise
- Governor presents condolence letter to Speaker
- Obasa says Lagos Assembly is governor’s support base
Governor Babajide Sanwo-Olu on Friday led members of his cabinet to the Agege home of the Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, on a condolence visit over the demise of Alhaji Suleimon Atanda Obasa.
Alhaji Suleimon Obasa, father of the Speaker, passed away on Tuesday at 83 with Governor Sanwo-Olu describing the incident as shocking especially as he was hale and hearty a few days before his demise.
“On behalf of the government and the people of Lagos State, I want to extend my sincere condolences to you and the entire Obasa family.
“No matter how old one’s parents are, one can never want them to go. So one can imagine the shock that the incident came with, but we have the belief that it was the appointed time.
“This is something that all of us owe life. We only pray that we live long and leave good legacies.
“It is clear that having produced you, your dad actually left a good legacy. So the onus is now on you to carry on with his good works as a community leader and one that brought together the entire family,” the governor said.
Sanwo-Olu also commended the Speaker for his effective leadership of the Assembly and his service to Lagos. He prayed that the Speaker will continue to have the capacity to lead the legislative arm as he had always done.
In his response, Dr. Obasa described the House as the Governor’s support base adding that the legislative arm is poised to ensure the success of the current administration.
Obasa said the visit by the Governor and his cabinet is a confirmation of the love, cooperation, unity and friendship that radiate in government.
“The truth is that I hold you in high esteem always. And because we have the same father in Asiwaju Tinubu, we have always worked for the same goal which is service to the people of Lagos.
“I always say there is no amount of money one can acquire that would sustain one better than what one has done in one’s community,” the Speaker said noting that Agege has experienced massive progress because of the Governor’s collaboration and intervention.
“Like I continue to say, we should continue to be particular about the people, not ourselves because there will come a time when we will leave office and people will make reference to what we have done.
“Mr. Governor, you’re my brother anytime and day. Whatever we achieve in the House of Assembly is because you support us. We are there to work for your success and that is why as part of our religion, we must pray for you, the deputy governor and every other person before ourselves. That’s the only way one can grow,” Obasa added.
NEWS
ONEDOSH Raises $3M Pre-Seed to Build the Global Stablecoin Payment Rails
Money should move without borders. It doesn’t, yet.OneDosh has closed a $3M pre-seed to build the stablecoin-powered payment infrastructure the global economy has been waiting for.Founded in February 2025 byJackson Ukuevo—Co-Founder & CEO Godwin Okoye — Co-Founder Babatunde Osinowo – Co-FounderOneDosh wasn’t built from theory. It was built from friction, blocked cards, frozen accounts, slow cross-border transfers, and currency constraints experienced firsthand by the founding team while living and traveling globally. The conclusion was clear: the problem isn’t demand. It’s infrastructure.Today, OneDosh is live in the United States and Nigeria, two of the most active remittance and stablecoin corridors in the world.Users can move money from the U.S. to Nigeria, store value in stablecoins, and spend globally using stablecoin-powered cards on Apple Pay and Google Pay, anywhere Visa is accepted.But this is just the beginning.Under the hood, OneDosh is building foundational stablecoin rails, infrastructure that connects wallets, cards, and countries into a single, programmable infrastructure. As stablecoins become the default settlement tool for global payments, these rails become inevitable.The OneDosh team brings experience with executing innovative solutions, with experience at organizations like Zero Hash, Plaid, and Amazon, spanning compliance, payments, andlarge-scaleproductdevelopementThis pre-seed accelerates corridor expansion, deepens liquidity partnerships, and enables senior hires, positioning OneDosh at the intersection of stablecoins, global spending, and real-world payments.The opportunity is not speculative. The behavior already exists.The rails are being laid now.Borderless money isn’t a vision anymore. It’s happening, and OneDosh is building it.
NEWS
MultiChoice Names Omotosho CEO as Ugbe Retires
MultiChoice Nigeria, a Canal + company, has announced a leadership transition, as Chief Executive Officer, John Ugbe, retires after a distinguished tenure. He will be succeeded by Kemi Omotosho, who will be appointed Chief Executive Officer, Nigeria, effective January 2026.Ugbe steps down after nearly fifteen years at the helm, during which he steered the business through significant industry and market shifts, strengthening operational foundations and long-term resilience.Omotosho brings over 20 years of leadership experience across media, telecommunications, and digital businesses in Nigeria and Sub-Saharan Africa. She has held several senior roles within the MultiChoice Group, including Executive Head of Customer Value Management in Nigeria and Group Executive Head of Customer Value Management for Rest of Africa, providing functional leadership across more than 50 markets. Most recently, she served as Regional Director for Southern Africa, with full P&L responsibility for a seven-country portfolio.With a proven record of leading complex organisations, driving disciplined growth and building high-performing teams, Omotosho will lead MultiChoice Nigeria’s strategy, operations and stakeholder engagement, building on the foundations laid by her predecessor.Speaking on her appointment, Omotosho said, “It is a privilege to be entrusted with the leadership of MultiChoice Nigeria at this important moment. Nigeria remains one of the Group’s most strategic and dynamic markets. I look forward to working with our teams and partners to deepen our relationship with consumers, champion local storytelling and the creative economy as well build a future-ready organisation that delivers sustainable value.”The company said Ugbe’s retirement and Omotosho’s appointment follow a structured and orderly transition, ensuring continuity and stability.
NEWS
Fidelity Bank Champions Tree Planting Initiative at Elegushi Beach
In line with its commitment to environmental preservation and sustainable development, leading financial institution, Fidelity Bank Plc, has partnered with Greenfingers Wildlife Initiative, to plant trees at Elegushi Beach, Lekki, Lagos.
The intervention was implemented as part of the bank’s Corporate Social Responsibility (CSR) initiative, Fidelity Helping Hands Programme (FHHP). It was funded and administered by the newly inducted employees, referred to as the Vault Class, who selected this initiative for their community impact project. The bank provided matching financial support to ensure the project’s successful execution.
Speaking during the event, Divisional Head, Brand and Communications, Fidelity Bank Plc, Dr Meksley Nwagboh, highlighted the bank’s resolve to consistently champion initiatives that preserve the environment and reduce the impact of climate change.
“Environmental preservation is a key CSR pillar for us at Fidelity Bank. We believe that protecting the earth is a shared responsibility. That is why this initiative is not a one-time activity, but part of our ongoing efforts to promote sustainable best practices,” Nwagboh said. “We are committed to ensuring that our environment, including marine habitats, remains protected from pollution and degradation.”
In addition to planting trees, the Fidelity Bank team conducted a beach clean-up exercise to remove waste materials from the shoreline and surrounding marine areas. Nwagboh further noted that the bank continues to support environmental conservation through various initiatives nationwide and remains a proud partner of the Nigerian Conservation Foundation (NCF).
“Tree planting is an integral part of our climate action and resilience plan, and our goal is to consistently expand our environment-friendly operations.” Nwagboh added. “We are delighted for this partnership with Greenfingers Wildlife Initiative. It is one we intend to nurture, as we believe there’s more to be done to protect our environment.”
Also speaking at the event, Mr. Chinedu Mogbo, Founder of Greenfingers Wildlife Initiative, commended Fidelity Bank for its proactive commitment to environmental sustainability. He emphasized that the partnership aligns with the NGO’s mission to foster safer, cleaner environments for both humans and wildlife.
“Our partnership with Fidelity Bank is driven by a shared mission to create a safer, greener environment for both humans and wildlife. Beyond enhancing environmental safety, planting trees contributes to beautifying our surroundings and restoring balance to nature.” Mogbo stated.
The exercise marks another significant step in Fidelity Bank’s environmental CSR efforts aimed at promoting sustainable living across communities, combating climate change, protecting biodiversity, and conserving aquatic ecosystems.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.
The Bank is a recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.
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