NEWS
Sanwo-Olu Flags Off FNITCC 2025 at Georgia State Capitol
L – R: First Lady of Ogun State, Mrs. Bamidele Abiodun; Former Deputy Governor, Central Bank of Nigeria, Mrs. Aisha N. Ahmad,CFA; Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu; Managing Director/Chief Executive Officer, Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe,OON; and Chairman, Fidelity Bank Plc, Mr. Mustafa Chike-Obi; at the 2025 Fidelity Nigeria International Trade and Creative Connect (FNITCC) held in Atlanta, Georgia over the weekend.
The Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu, officially launched the 2025 edition of the Fidelity Nigeria International Trade and Creative Connect (FNITCC) at the Georgia State Capitol in Atlanta, Georgia, USA, on Thursday, 18 September 2025.
In his keynote address, Governor Sanwo-Olu reaffirmed Lagos State’s readiness to collaborate with corporate organizations and sub-national governments across the globe to unlock the state’s vast economic potential. He spotlighted Lagos as a powerhouse of non-oil revenue, noting that in 2024 alone, the state attracted $5.95 billion in foreign capital inflows—over two-thirds of Nigeria’s total. In Q1 2025, Lagos maintained its lead, drawing $2.56 billion despite global economic headwinds.
He further emphasized Lagos’s trajectory toward becoming the ninth-largest city economy in the world by 2030, with a population exceeding 30 million and one of Africa’s most vibrant consumer markets. The Governor also highlighted Lagos as the heartbeat of Africa’s tech ecosystem, home to over 2,500 startups, including unicorns like Flutterwave and Andela.
Hosted by leading Nigerian financial institution Fidelity Bank Plc, FNITCC is the bank’s flagship market access platform for non-oil exports. Over three days, the event welcomed more than 3,000 participants—including investors, trade agencies, exporters, and diaspora professionals—with projected trade and investment deals exceeding $500 million.
In her remarks, Dr. Nneka Onyeali-Ikpe, Managing Director and CEO of Fidelity Bank Plc, emphasized the bank’s commitment to shifting Nigeria-U.S. trade beyond oil. She noted that while Nigeria’s non-oil exports currently stand at under $5 billion annually, the potential is immense. Lagos alone contributes over 30% of Nigeria’s GDP and is home to thousands of export-ready businesses spanning agriculture, fashion, creative industries, and professional services.
“Georgia, with its world-class logistics infrastructure, vibrant diaspora, and progressive trade policies, is a natural partner in Nigeria’s transformation toward a non-oil export-driven economy,” said Dr. Onyeali-Ikpe. “Its ports, airports, and innovation hubs offer Nigerian exporters a strategic gateway into the U.S. market.”
She added, “At Fidelity Bank, we believe access to global markets is a pathway to shared prosperity. That belief inspired the creation of FNITCC.”
FNITCC Atlanta 2025 marks the third edition of Fidelity Bank’s global trade initiative, following successful outings in London and Houston that unlocked over $500 million in export business. This year’s edition is expected to generate a trade and investment pipeline of over $300 million.
Fidelity Bank Plc is a full-fledged commercial bank with over 9.1 million customers who are serviced across its 251 business offices and various digital banking channels in Nigeria and the United Kingdom.
The Bank is the 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.
NEWS
FG reforms NYSC, replaces military leadership, redesigns uniform
The Federal Executive Council has approved a comprehensive overhaul of the National Youth Service Corps, marking the first major restructuring of the scheme since it was established 53 years ago.The reforms, approved at the FEC meeting in Abuja on Monday, are aimed at repositioning the NYSC into a skills-focused, productivity-driven institution aligned with the Federal Government’s economic agenda.A key aspect of the reform is a change in the leadership structure of the scheme, with the NYSC set to be headed by a civilian, while the military will continue to provide security for corps members nationwide.The council also directed the Attorney-General of the Federation and the Federal Ministry of Youth Development to amend the NYSC Act and relevant regulations to provide legal backing for the approved changes and enable their implementation.
Announcing the approval on X, the Minister of Youth Development, Ayodele Olawande, described the reforms as the first holistic review of the scheme in its 53-year history.He said, “We are transforming the Scheme into a platform that not only unites Nigeria but also equips our young people with the skills, experience and opportunities they need to thrive in a fast-changing world.”
Olawande said the approved reforms would reposition the scheme as “a skills-driven, productivity-focused and youth-empowering institution that aligns with President Bola Tinubu’s vision of building a $1 trillion economy.”
According to him, the reforms include “a technology-driven call-up process, risk-sensitive deployment to better protect corps members, a redesigned six-week orientation programme with stronger focus on leadership, entrepreneurship, digital skills and specialised career streams, skills-based primary assignments aligned with academic background and career pathways, modern governance with civilian operational leadership while the military continues to provide security support, improved camp standards through a national grading and certification system, and a new graduation ceremony to replace the Passing Out Parade, alongside a redesigned NYSC uniform that reflects professionalism and national pride.”Olawande said the reform process began in 2025 through a broad-based review involving the Federal Ministry of Youth Development, the Federal Ministry of Education and the Office of the Special Adviser to the President on Policy and Coordination before receiving FEC approval.He added, “This is more than a reform of an institution. It is an investment in Nigeria’s greatest asset, our young people. The future of the NYSC begins now, and it is brighter, more relevant and more impactful than ever.”Established in 1973 following the Nigerian Civil War, the NYSC was created to promote national unity by deploying graduates to states outside their regions of origin for one year of compulsory national service.The latest reforms represent the first comprehensive review of the scheme since its creation, with the Federal Government saying the changes are designed to make the institution more relevant to Nigeria’s contemporary economic and youth development needs.
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NEWS
PRESIDENT SWEARS IN NEW COMMISSIONERS FOR RMAFC, NPC
President Bola Tinubu has sworn in new Commissioners for the National Population Commission (NPC) and the Revenue Mobilization Allocation and Fiscal Commission (RMAFC).The ceremony took place before the commencement of the Federal Executive Council meeting, this Monday. Former chairman, National Hajj Commission, Abdullahi Mukhtar Mohammed from Kaduna state and Amina Gamawa representing Bauchi took oath of office as federal commissioners for the revenue commission. Six new Commissioners were inaugurated for the population commissioner. They are Kolawole Oladipupo Alabi – Ekiti State, Nasiru Mu’azu – Zamfara State, Isaka Alada Yahaya – Kwara State, Prof. Sadiq Isah Radda – Katsina State, Suleiman Umar – Jigawa State and Chiso Abdullahi Dattijo from Sokoto State.
NEWS
Governor Dauda Lawal Chairs Security Council Meeting, Vows Unprecedented Support for Frontline Troops
Governor Dauda Lawal of Zamfara State has reaffirmed his administration’s unwavering resolve to back security forces in the ongoing campaign against insurgency, banditry and other violent crimes plaguing the state.Presiding over the weekly State Security Council meeting on Thursday, June 25, at the Government House in Gusau, the governor convened the state’s top security brass for a high-level strategic session aimed at recalibrating the state’s counter-insurgency approach.In a terse but firm statement, Governor Lawal disclosed that deliberations centered on reinforcing troop deployments in high-risk zones, fast-tracking intelligence-sharing mechanisms and overhauling rapid-response protocols to better safeguard civilian populations.”I want to make it clear to every service commander in this room; the welfare and operational readiness of our troops remain non-negotiable. My administration stands ready to authorize every required resource logistical, material and otherwise to ensure they operate at full capacity,” Lawal declared.The governor underscored that his foremost priority remains the restoration of lasting peace across Zamfara and he assured security chiefs of his open-door policy, urging them to channel operational needs directly to his office without bureaucratic bottlenecks.With the meeting concluding, sources indicate that concrete action plans are being finalized to boost joint task force patrols and community intelligence networks, signaling a renewed offensive push in the coming weeks.
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