Business
Ambassador Ajadi Joins Prominent Figures at NIJ’s Launch of Kensington Adebutu Media Resource Centre
Ambassador Ajadi Joins Prominent Figures at NIJ’s Launch of Kensington Adebutu Media Resource Centre
The Nigerian Institute of Journalism (NIJ) held a grand ceremony on Wednesday, October 30, 2024, to commission the Sir (Dr.) Kensington Adebukunola Adebutu Media Resource Centre. The event, which attracted prominent figures from government, media, and academia, celebrated both the new facility and the lasting impact of philanthropist Dr. Kensington Adebukunola Adebutu.
Ogun State’s 2023 New Nigeria People’s Party (NNPP) governorship candidate, Ambassador Olufemi Ajadi Oguntoyinbo, was among the distinguished guests.
During an interview with journalists, Ambassador Ajadi praised Dr. Adebutu for his steadfast commitment to advancing Nigeria’s media landscape. He highlighted how the new resource centre at the NIJ would become a transformative space for aspiring journalists, promoting integrity, truthfulness, and professionalism.
Dr. Adebutu’s vision goes beyond simply constructing a building; he is investing in the future of journalism in Nigeria. This centre will provide young journalists with the resources they need to navigate today’s media challenges, especially in an era rife with misinformation,” Ambassador Ajadi noted.
Ambassador Ajadi further emphasized that Adebutu’s philanthropic initiatives have inspired leaders across various sectors to prioritize societal growth and unity. According to him, Adebutu’s contributions to education, media, and sports reflect a commitment to nurturing Nigeria’s youth and bridging generational gaps. “His legacy,” he said, “is not just a gift to the NIJ but a symbol of hope for all Nigerians striving for a more informed, unified nation.”
In his opening address, NIJ Governing Council Chairman, Chief Aremo Olusegun Osoba, outlined the dual purpose of the gathering. “Today, we are not only here to commission this magnificent media resource centre but to honor a true Nigerian patriot, Dr. Kensington Adebutu, whose generosity and dedication have significantly impacted our society,” Osoba stated.
Osoba highlighted the historical significance of Adebutu’s title, Odole Odua of the Yoruba Nation, noting, “He [Adebutu] told me, ‘This is the highest honor I could receive,’ and he saw any further titles as diminishing the sacred position of Odole Odua,” Osoba shared, pointing out that Adebutu’s decision reflected the esteemed tradition of this title, once held by the late Chief Obafemi Awolowo.
Reflecting on Adebutu’s contributions to journalism, Osoba added that the philanthropist was named a fellow of the NIJ for his “enduring love for the media and unwavering commitment to societal growth.” Notably, Adebutu is the first NIJ fellow recognized by the International Press Institute (IPI), a global organization promoting press freedom and quality journalism.
Osoba explained that Adebutu’s contributions to the institute extended beyond the building itself. “He didn’t just build this facility; he voluntarily contributed an additional N23 million to furnish it—without being asked. Such generosity speaks volumes,” Osoba affirmed, underscoring the unexpected yet welcomed support that enabled the project to be completed in just five months, despite challenges posed by the rainy season.
Lagos State’s Commissioner for Information and Strategy, Mr. Gbenga Omotosho, representing Governor Babajide Sanwo-Olu, commended Adebutu’s philanthropic spirit, which extends beyond media and education into sports. Omotosho recalled his recent visit to Teslim Balogun Stadium, where Adebutu had sponsored a table tennis championship. “While others gravitate toward soccer, Adebutu recognizes the potential in sports like table tennis, which brings young Nigerians together,” Omotosho noted, applauding Adebutu’s unique focus.
Omotosho also raised concerns about the state of journalism in the digital age, where misinformation easily spreads. “With smartphones, anyone can post unverified information, creating ‘breaking news’ out of rumors. Dr. Adebutu’s commitment to journalism aims to guide young journalists back to the fundamentals—integrity and truth,” Omotosho remarked.
Nigeria’s Minister of Finance, Mr. Wale Edun, highlighted Adebutu’s contributions to education infrastructure, describing him as “a true partner in national development.” Edun emphasized, “Education infrastructure is vital to a nation’s future, and Adebutu stands as a pillar, constantly supporting the government’s educational initiatives.”
In a heartfelt moment, Adebutu’s son, Honorable Oladipupo Adebutu, spoke on behalf of his father, expressing gratitude to the NIJ Governing Council for honoring his father’s passion for the media. “Journalism stands for truth, and truth is the cornerstone of democracy. My father’s commitment to this institute is a testament to his belief in that principle,” Oladipupo declared.
The NIJ Provost, Mr. Gbenga Adefaye, while delivering the vote of thanks, offered special recognition of Adebutu’s lasting contributions to the institution. “Dr. Adebutu’s legacy will inspire future journalists who will train here, grounded in the values of truth and integrity,” he said.
Among the notable media personalities at the event was Professor Ralph Afolabi Akinfeleye, Chair and former Head of the Department of Mass Communication at the University of Lagos, Nigeria. Professor Akinfeleye currently serves as the Chairman of the Centre of Excellence in Multimedia and Cinematography, as well as UNILAG Radio 103.1 FM and Television.
The event also highlighted NIJ’s academic team, including:
Dr. Adeboye Ola, Deputy Provost
Mrs. Patricia Kalesanwo, Registrar
Dr. Babajide Johnson, Director of Special Programs
Mr. Michael Osuji, Head of Mass Communications
Mrs. Maureen Popoola, Head of General Studies
Dr. Dele Omojuigbe, Chief Lecturer
Mrs. Esther Eke, Student Affairs Officer
Mrs. Josephine Okocha-Adigwe, Head of ICT
With the commissioning of the Sir Kensington Adebukunola Adebutu Media Resource Centre, the NIJ takes a significant step forward, now equipped with facilities that promise to empower the next generation of Nigerian journalists.
Business
Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows
Aliko Dangote Foundation, WEF Unveil 2026 YGL Aliko Dangote Fellows
…Spotlighting Africa’s Next Generation of Change Leaders
World Economic Forum (WEF) in partnership with the Aliko Dangote Foundation (ADF) has announced the 2026 cohort of the Young Global Leaders (YGL) Aliko Dangote Fellows, highlighting a new generation of African leaders committed to expanding opportunity and strengthening institutions across the African continent.
The Fellowship serves as a critical bridge between Africa’s emerging changemakers and the global Young Global Leaders network, fostering collaboration, knowledge exchange, and sustainable development. The YGL Aliko Dangote Fellowship supports high-impact African leaders by enabling their full participation in the Forum of Young Global Leaders (YGL) programme and broader WEF activities.
WEF said the 2026 YGL Aliko Dangote Fellows represent diverse professional backgrounds spanning healthcare, technology, entrepreneurship, and advocacy across sub-Saharan Africa. The newly selected fellows are Dr. Esperance Luvindao; Charlot Magayi, Founder of Mukuru Clean Stoves; Rewa Udoji, Founder of Cranstoun; Dr. Stephen Modise; Dr. Musa Kika; Hatim Eltayeb; Kemi Lala Akindoju; and Vimbai Masiyiwa.
With a strong emphasis on empowering women leaders, the Fellowship is designed to support Africans shaping solutions to pressing social and economic challenges while strengthening leadership capacity across key sectors.
Over the past 14 years, the Aliko Dangote Foundation–powered Fellowship has supported more than 130 young African leaders, providing access to Davos meetings, executive education opportunities, and influential peer networks that amplify African voices on the global stage.
Commenting on the announcement, Fatima Aliko Dangote, Trustee of the Aliko Dangote Foundation and Group Executive Director, Oil & Gas, Dangote Industries Limited, described the 2026 fellows as “leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms.”
She added: “Africa’s future will be defined by the strength of its people. When the right leaders—especially women—are empowered and given a global voice, they do not just lead; they reshape what is possible. That is why we invest in people: because it is the surest path to lasting global prosperity, stability, and self-determination. The 2026 cohort embodies this vision.”
According to her: the 2026 YGL Aliko Dangote Fellows represent that future leaders who will expand opportunity and strengthen institutions, advancing Africa on its own terms while helping define a world whose future will be shaped by the continent.
She explained that the idea behind the YGL Aliko Dangote Fellowship is to cultivate, empower, and support exceptional African leaders under 40, ensuring they have the resources to participate in the World Economic Forum (WEF)’s Young Global Leaders (YGL) community. It specifically aims to accelerate their impact on the continent and globally.
Details of the new fellows in the announcement indicated that; Hatim Eltayeb, is the Chief Executive Officer of African Leadership Academy, strengthening one of the continent’s most important leadership institutions; Dr Esperance Luvindao, Namibia’s Minister of Health and Social Services, combining clinical experience with digital health and grassroots innovation; Charlot Magayi, the Kenyan founder of Mukuru Clean Stoves, linking clean energy, public health and livelihoods; Dr Stephen Modise, Botswana’s Minister of Health, bringing a data-driven approach to public health reform.
Dr Musa Kika, Executive Director of the Institute for Human Rights and Development in Africa, using law to defend constitutionalism and civic space; Rewa Udoji, the Nigerian artist and finance professional whose work bridges culture, capital and women’s economic literacy; Kemi Lala Akindoju, the Nigerian producer and actor helping reshape the creative economy through talent development, financing and more grounded storytelling; and Ms Vimbai Masiyiwa, co-founder and Chief Executive Officer of Batoka Africa, building a model of tourism rooted in sustainability, community ownership and women’s empowerment. Together, they reflect the range of leadership the fellowship is designed to support public leaders, entrepreneurs, institution-builders and cultural actors already shaping systems in very different ways.
It would be recalled that Aliko Dangote YGL Fellowship has supported more than 90 Fellows from over 25 African countries, thus enabling full participation in the World Economic Forum’s Young Global Leaders programme through access to convenings, executive education, peer networks and global platforms.
Over that period, Fellows have taken part in more than 400 engagements across Annual Meetings, regional summits and learning modules, contributing to debates on finance, climate, health, technology and governance.
Business
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at approximately $1.9 trillion.
At the meeting, the Norwegian investment institution expressed strong interest in partnering with Dangote Group to expand its footprint across the African continent, with a focus on strategic sectors including power, energy, renewables, agriculture, fertiliser and cement.
Also present at the meeting were Svein Tore Holsether, Chief Executive Officer of Yara International, one of the world’s leading fertiliser and agricultural companies, and Terje Pilskog, Chief Executive Officer of Scatec, a global renewable energy company.
The engagement shows growing global investor confidence in Africa’s industrial and infrastructure potential, as well as the increasing role of indigenous conglomerates such as Dangote Group in driving large-scale economic transformation.
For Dangote Group, the potential partnership represents a significant opportunity to deepen its investments across key sectors critical to Africa’s development, particularly in energy transition, food security and industrial capacity expansion.
The Norwegian sovereign wealth fund, widely regarded as a benchmark for global institutional investment, has in recent years shown increased interest in emerging markets, with Africa seen as a frontier for long-term value creation.
The collaboration between the fund and Dangote Group could unlock substantial capital flows into critical infrastructure and industrial projects, further accelerating economic growth and regional integration across the continent.
Bank
Fidelity Bank Provides Critical Funding Support to Abuja Special Needs Orphanage
Fidelity Bank Provides Critical Funding Support to Abuja Special Needs Orphanage
Leading financial institution, Fidelity Bank Plc, through the Fidelity Helping Hands Programme (FHHP), has funded critical support for the JKS Special Needs Academy in Abuja to ensure continued shelter and care for vulnerable children.
The intervention was facilitated by a group of the bank’s newly recruited employees known as Team Valorem, as part of their induction activities. Through the FHHP, employees are empowered to actively contribute to social development by dedicating their time, resources and skills to impactful projects. Projects executed under the initiative are employee-driven, with teams encouraged to identify causes, contribute fifty percent of the project funding, while the bank matches the contribution.
Speaking during the outreach, Divisional Head, Brand and Communications Division, Fidelity Bank Plc, Dr Meksley Nwagboh, highlighted that the initiative aligns with the Bank’s CSR pillars focused on health & social welfare, and youth empowerment.
“This intervention reflects our belief that building a better society is a shared responsibility. Through the Fidelity Helping Hands Programme, we empower our employees to actively contribute to meaningful social causes. The funding provided will secure the orphanage’s accommodation for an additional year, ensuring a stable and safe environment for the children. This support guarantees that these children continue to have a place they can call home,” Nwagboh remarked.
He also commended caregivers at the facility for their dedication and called for increased focus on empowerment and skill development for children with special needs.
“Beyond providing basic needs, we must provide these children with opportunities to develop skills and become self-reliant. Everyone, regardless of their physical or socio-economic status, has a role to play in the society,” he said.
In her response, Director of JKS Special Needs Academy, Mrs. Nifemi Ajileye, expressed deep appreciation to Fidelity Bank and its staff for the timely intervention.
“We are truly grateful to Fidelity Bank for this support. It will significantly improve the welfare of the children under our care and help us sustain our operations,” she said.
Ajileye highlighted the high cost of caring for children with disabilities, stating that, “Many of the children require continuous medical attention and therapy, which are quite expensive. Support like this helps us bridge critical gaps and continue delivering quality care. This support from Fidelity Bank is timely and it means the world to us and to these children. It will help us continue our work and secure a better future for them,” she added, while calling for sustained support from other organisations.
As an institution with a heart for people, Fidelity Bank continues to demonstrate its commitment to social responsibility by driving inclusive growth and social impact through initiatives that empower communities and improve lives across Nigeria.
Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 10 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK.
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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