2026: Innocent C. Ike, Group Managing Director/Chief Executive Officer of Access Holdings Plc, has told business leaders that growth alone does not make a global chief executive, but the ability to build institutions that turnscale into lasting value. Ike gave the keynote address, “The Mindset of a Global CEO,” at the Stanford Seed G3 (Growth, Grit and Global) 2026 conference, held on October 14 and 15 at the Landmark Event Centre, Lagos. He said a global chief executive is judged by the quality of decisions made under complexity, not by the number of countries anorganisation operates in. The two-day gathering, convened…
Author: Lilian Azuh
The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, has said 653 suspects have been convicted in the ongoing mass trial of terrorism suspects at the Federal High Court. Fagbemi disclosed this on Friday, saying 1,060 suspects were brought before the court during the 11th phase of the mass trials, scheduled between October 19 and 24, which he described as the largest since the exercise began. According to him, 880 cases had been handled as of 12:15 p.m. on Friday, resulting in 653 convictions, seven acquittals, and 27 discharges, adding that the final figures would be released…
The National Agency for Food and Drug Administration and Control has uncovered a residential building in Lagos where empty bottles of alcoholic beverages were stored for suspected use in producing counterfeit drinks. The agency said its Investigation and Enforcement Directorate discovered more than 100 sacks of empty bottles at the building located at 322B Meiran Road, Agbado Oke-Odo, Lagos. The bottles were destroyed to prevent their reuse in the production of counterfeit alcoholic beverages, according to a statement by NAFDAC. Speaking in a video released by the agency on Friday, an Assistant Director in its Investigation and Enforcement Directorate, Kunle…
One person has died while three others sustained injuries following the collapse of a building in the Fadeyi area of Lagos State. The building collapsed on Akinola Street, off Ikorodu Road, on Friday morning. The Lagos State Emergency Management Agency said the cause of the incident was yet to be established, while rescue teams were working to determine how many site workers remained trapped beneath the rubble, Channels TV reports. The agency said, “Emergency responders had launched a coordinated search-and-rescue operation to locate and evacuate any victims trapped under the collapsed structure.” LASEMA added that it was coordinating the response…
The Lagos State Police Command has detained four police officers and disbanded their tactical team following the circulation of a viral video allegedly showing personnel harassing a young man in the Odogunyan area of Ikorodu. The command’s Public Relations Officer, Superintendent of Police Abimbola Adebisi, disclosed this on the command’s X handle on Friday, saying the officers had been identified and summoned to the office of the Commissioner of Police. According to Adebisi, the officers were attached to the command’s Immortal Tactical Team in Ikorodu. She said the command launched an investigation immediately after receiving the video and subsequently ordered…
A Lagos State High Court, last Thursday, granted interim preservative orders of Mareva Injunction against Vitol SA – a Switzerland based Energy Trading company, and four other shipping companies in favour of United Bank for Africa Plc. The bank alleged Vitol of wrongful release of cargoes of petroleum products which were consigned to the order of United Bank for Africa Plc in the Bills of Lading. Addressing the Court, Bode Olanipekun, SAN, lead counsel for United Bank for Africa, urged the Court to grant the interim preservative orders against Vitol and the other shippers. In a ruling on the application,…
First Lady, Senator Oluremi Tinubu, has laid the foundation stone for the Renewed Hope Startup Hub, describing the project as a landmark investment in technological advancement, youth empowerment, and digital inclusion held recently in Abuja. The Renewed Hope Startup Hub is made possible through a $10.4 million grant from the Government of Japan through the Japan International Cooperation Agency (JICA) in partnership with the National Information Technology Development Agency (NITDA). Whilespeaking at the foundationlaying ceremony, the First Lady said the facility should allow young innovators to turn their ideas into practical solutions and competitive businesses. Mrs Tinubu challenged them to take advantage of the opportunities the hub would provide. She described the centre as a place where young Nigerians could nurture their ambitions and develop them into viable enterprises, saying “You can arrive here with a sketch and leave with a working prototype that takes you into the global market space.” She acknowledged the Government of Japan, through the Japan International Cooperation Agency (JICA), for providing the strategic grant that made the project possible. She noted that the partnership reflected a shared belief in the untapped potential of Nigeria’s digital ecosystem and its vibrant youth population. The First Lady also commended the Director General, Kashifu Inuwa Abdullahi, and his team for securing the partnership, noting that the establishment of startup hubs across the country aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda. The agenda prioritised youth empowerment through entrepreneurship, skills development and sustainable job creation, equipping young Nigerians to compete and thrive in the global economy, she said. The Renewed Hope Startup Hub,accordingtoher will serve as a national centre for incubation, hardware prototyping, research and international business collaboration. The facility is expected to provide an environment where innovators can develop and test their ideas, build prototypes and explore opportunities to take their products and services to wider markets. Emphasising the importance of inclusion, Mrs Tinubu called on NITDA to ensure that the facility, upon completion, would be open to young people irrespective of their location or background. She said the benefits of the project should extend beyond Abuja, giving aspiring entrepreneurs from different parts of the country an opportunity to participate in Nigeria’s growing digital economy. She further praised Japan for its contribution, saying the partnership demonstrated that genuine friendship between nations could be measured by the opportunities created for younger generations. The First Lady expressed hope that the hub would contribute to the progress, empowerment and prosperity of Nigerian youths. She called on all stakeholders to make the initiative count, stressing that the facility must become more than a building by providing young innovators with practical opportunities to develop their ideas, build businesses and compete in the global marketplace. Earlier, Abdullahi said the project went beyond providing a physical space for innovation, stressing that it was intended to create opportunities for young Nigerians to transform their ideas into viable businesses and solutions. He linked the project to President Bola Ahmed Tinubu’s Renewed Hope Agenda, which, he said, focuses on economic diversification through digitalisation and innovation, while ensuring that more Nigerians can participate in and benefit from national development. “Today, we are laying the foundation, not just for an innovation hub, but for new enterprises, new opportunities, new partnerships, and a future where our youth ideas can be turned and used to solve our national problems and global challenges. “We are investing in our people, the ingenuity of our people, particularly our young people, whose creativity, resilience, and entrepreneurial ambition are our greatest asset as a nation,’’ Abdullahi declared. The DG outlined the progress achieved by NITDA’s subsidiaries –the Office for Nigerian Digital Innovation (ONDI) and the National Centre for Artificial Intelligence and Robotics (NCAIR). The DG said the ONDI’s initiatives have supported more than 995 startups and contributed to the creation of 7,596 jobs, and 300 companies received training through a digital export acceleration programme within the past three years. Abdullahi also highlighted the expansion of the iHatch programme, jointly developed by NITDA and JICA through ONDI in 2023. He said that 333 startups were trained across Nigeria’s 36 states and the Federal Capital Territory between 2025 and early 2026, alongside 74 hub managers. According to him, the expansion reflects the need to make entrepreneurial support accessible to young people to build successful technology businesses across all sections of the country. The DG further highlighted other NITDAJICA initiatives such as We Elevate and IgniteHatch, designed specifically to support women entrepreneurs, through which 224 women-owned enterprises had received training, with 12 founders sponsored to Japan while one beneficiary secured a grant worth $500,000. To widen access to such opportunities, Abdullahi announced that NITDA was working to ensure that every state has at least two functioning innovation hubs where young entrepreneurs can access incubation programmes and develop their ideas into market-ready products and services. Abdullahi said that the Japanese government, through JICA, had provided $10.4 million to expand the innovation hub. He also disclosed that JICA was working with the Nigeria Sovereign Investment Authority (NSIA) to establish a $50 million seedfunding facility for startups, to help strengthen entrepreneurship, create jobs in the digital economy and expand opportunities for Nigerian youths. Expressing appreciation to the First Lady for laying the foundation, the NITDA DG said the hub should give young Nigerians access to technology and support needed to take homegrown solutions to international markets. He pledged NITDA’s commitment to deepening cooperation with JICA and the Japanese government to create more productive opportunities for Nigerian innovators. Also speaking, the Japanese Ambassador to Nigeria, Mr Hideo Suzuki, noted that the project reflected more than six decades of cordial relations between Nigeria and Japan, with cooperation increasingly focused on technology, innovation and human capital development. Suzuki explained that Japan’s support for Nigeria’s startup ecosystem rests on three pillars: strengthening policies and institutions, supporting earlystage investment, and providing infrastructure through the Renewed Hope Startup Hub. “This hub will provide entrepreneurs with the stateoftheart facilities and equipment needed to transform raw ideas into viable businesses. It will serve as a sanctuary for innovation, a dynamic space equipped with digital fabrication tools, and collaborative areas where entrepreneurs can turn their dreams into reality, connect with global partners and drive Nigeria’s economic diversification,’’ he said. He said Japan’s approach aims to nurture businesses over the long term rather than pursue quick financial exits, adding that the project aligned with Nigeria’s economic diversification and digital transformation goals, as well as with Japan’s broader ambition to promote industrial growth and stronger economic ties across Africa. The project represents a significant step by Nigeria’s government to use international cooperation to expand access to technology, support entrepreneurship, and equip Nigerian youths with the skills and resources needed to pursue their ambitions.
The Federal High Court, presided over by Honourable Justice Aluko, has granted an application by United Bank for Africa (UBA) Plc for substituted service of Form 49 on directors of Wempco named as alleged contemnors in the case of UBA v. Wempco. The application forms part of proceedings seeking to determine whether the named individuals disobeyed an order of the court and whether they should be committed to prison for contempt. The directors named as alleged contemnors are Lewis Shui Ngor Tung, Phillip Shui Chei Tung, M.A. Ola Yusuf, Tung Lawrence Blake, Aali Aare Hadji Tokunbo, Paul Shui Po Tung,…
JMG Limited has completed the supply of an 850 kVA FG Wilson generator to Blue World Cosmetics, supporting the manufacturer’s need for increased power capacity and a more reliable electricity supply. Blue World Cosmetics is a Nigerian cosmetics manufacturer producing and marketing skincare, body-care and haircare products. Its portfolio includes lotions, cleansers, soaps, body washes, hair creams, conditioners and powders. Learn more about Blue World Cosmetics:https://www.blueworldcosmetics.org/ Completed in April 2026, the project was initiated as Blue World Cosmetics expanded its manufacturing requirements. The company needed additional generating capacity to protect production activities against power disruptions and maintain dependable operations as…
Publisher of DAYLIGHT Online, Chief Azuh Amatus, has congratulated popular Nigerian comedian, actor and entertainer, Okey Bakassi, on the occasion of his 57th birthday, today, Friday, October 23, 2026. Amatus, in his birthday message, applauded the celebrated entertainer for his remarkable contributions to the Nigerian entertainment industry, describing him as a talented performer whose creativity, versatility and consistency have continued to endear him to fans across the country and beyond. The DAYLIGHT publisher, also a very close friend of the birthday boy, commended Bakassi for his ability to combine humour with thought-provoking storytelling, earning him respect as one of Nigeria’s…