Business
Faruk Abdullahi: Energy Consultant, Financial Analyst and Entrepreneur
Faruk Abdullahi: Energy Consultant, Financial Analyst and Entrepreneur
Faruk Abdullahi is a distinguished energy consultant, accomplished financial analyst, and visionary entrepreneur with over 15 years of diverse experience spanning energy, finance, information technology, and international business consultancy. Renowned for his leadership in Nigeria’s Compressed Natural Gas (CNG) revolution, Faruk is a leading advocate for sustainable energy adoption and economic transformation in Nigeria.
Advocacy in Energy and CNG Leadership
Faruk Abdullahi is a vocal and proactive proponent of Compressed Natural Gas (CNG) as an alternative fuel in Nigeria. He frequently features on national television, using his media platform to passionately advocate for the widespread adoption of CNG due to its environmental sustainability and economic affordability. In May 2025, he led a delegation of CNG conversion center operators to the Presidential Initiative on Compressed Natural Gas (PCNGi), where he praised President Bola Ahmed Tinubu GCFR for his visionary leadership in the energy transition space.
Under Faruk’s leadership and frontline advocacy, the CNG initiative has attracted over $500 million in investments, created over 10,000 direct and 90,000 indirect jobs, and strengthened public-private partnerships in the energy sector. His work in this area positions him as a strategic voice and policy influencer in Nigeria’s quest for a cleaner and more self-reliant energy future.
Financial Expertise and Policy Analysis
In addition to his influence in the energy sector, Faruk is a respected financial expert and public policy analyst. He is widely recognized for his insightful commentary on Nigeria’s monetary policies, particularly during pivotal national moments such as the 2023 general elections. He was a strong critic of the naira redesign and associated cash scarcity, which he argued was poorly timed and detrimental to the average Nigerian.
Faruk also strongly advocates for exchange rate unification, a strategy he believes will eliminate market inefficiencies and attract foreign investment. Furthermore, he is a vocal supporter of policies encouraging the consumption of locally manufactured goods and services, positioning this approach as a cornerstone for improving Nigeria’s non-oil exports and foreign exchange inflows.
Entrepreneurship and Corporate Leadership
Faruk’s professional journey is a remarkable story of resilience, rising from modest beginnings to national and international influence. He is the Chairman of Ultimate Spectrum Ltd, a diversified firm with operations in energy, finance, and IT. He is also the Pioneer Managing Director of Farkim Oil & Gas Lt. He sits on the board of Kriskos & Associates, an immigration investment firm with a footprint across the Middle East and Europe.
His corporate experience includes serving as Chief Compliance Officer and Service Executive at Innovate 1Pay Ltd (Kano Branch)—a fintech company involved in foreign exchange operations in partnership with the Central Bank of Nigeria. He also made his mark in Dubai, where he rose from salesman to Executive Director at Metropolitan Insurance within a single year.
Academic and Professional Qualifications
Faruk holds a Bachelor of Science in Business Administration (Actuarial Science) and a Diploma in Mathematics from Ahmadu Bello University, Zaria. He further earned a Master’s in Finance from Heriot-Watt University, Duba, and another Master’s in International Affairs and Diplomacy from ABU, Zaria.
He is a Fellow of the:
– International Organization of Management Professionals (FIOMP)
– Chartered Institute of Loan and Risk Management (FCILRM),
– Institute of Credit Administration (FICA).
He also holds multiple certifications in forensic accounting, finance, and risk management, reinforcing his multidisciplinary expertise.
Faruk Abdullahi exemplifies a rare blend of visionary leadership, technical expertise, and patriotic dedication. His influence across Nigeria’s energy, financial, and entrepreneurial landscapes continues to grow, inspiring a generation of professionals and policymakers to pursue sustainable solutions, sound economic reforms, and impactful ventures. With an unwavering commitment to national development, Faruk remains a trailblazer in shaping a resilient and prosperous Nigerian future.
Business
ADVAN Wins Global Honour at WFA Awards for “Project Freedom” Initiative
ADVAN Earns Global Recognition As WFA President’s Award Winner For “Project Freedom”
The Advertisers Association of Nigeria (ADVAN) has been recognised on the global stage as a recipient of the prestigious WFA President’s Award, presented by the World Federation of Advertisers during its Global Marketer Week in Stockholm. The recognition places ADVAN among a select group of leading industry associations worldwide acknowledged for driving meaningful impact in marketing and society.
The WFA President’s Awards, established in 2010, celebrate national industry associations whose initiatives advance the marketer’s agenda and contribute to positive change. This year’s honours were awarded following a rigorous selection process involving 38 submissions from associations across the WFA’s global network, with winners chosen for their measurable impact and potential for replication across markets.
ADVAN’s recognition comes through its advocacy initiative, Project Freedom, a bold and strategic effort focused on addressing the challenges of stifling, non–data-driven regulations affecting businesses in Nigeria and across Africa. The initiative underscores the importance of evidence-based policymaking while championing the constitutional right to freedom of commerce.
Through Project Freedom, ADVAN has taken a proactive leadership role in engaging key stakeholders and shaping conversations around fair, balanced, and transparent regulation. The initiative reflects a shift toward constructive dialogue and collaboration, ensuring that regulatory frameworks support innovation, protect consumer interests, and enable sustainable business growth.
By earning this global recognition, ADVAN reinforces the growing influence of African marketing institutions in shaping international discourse. Its work highlights how local advocacy, when rooted in data and guided by clear principles, can deliver impact not just within national borders but across the global marketing ecosystem.
The award also affirms ADVAN’s commitment to strengthening self-regulation within the industry, fostering accountability, and promoting standards that align with global best practices while remaining relevant to local realities.
As the marketing landscape continues to evolve, ADVAN’s recognition by the World Federation of Advertisers signals a strong endorsement of its leadership and vision. It positions the association as a key voice in advancing responsible marketing, advocating for enabling policies, and ensuring that businesses can operate in an environment that supports both innovation and economic freedom.
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
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