Business
‘Fasting and Prayer isn’t enough to move Nigeria forward’ – Acting President, Yemi Osinbajo
The Acting President, Yemi Osinbajo, on Wednesday, said no amount of prayer and fast by Nigerians could move the nation forward without hard work.
Osinbajo said as a pastor himself, he understood the law of sowing and reaping and knew the implication of leaving what was supposed to be done undone.
The Acting President spoke in Abuja during an interactive session organised for public and civil servants on the implementation of the three Executive Orders which he signed last week.
He said the prosperity and abundance being enjoyed by great nations today were not created by spirits, but by men.
While saying the executive orders were meant to aid the ease of doing business in Nigeria, he warned that anytime government officials deliberately delayed what they could do immediately, they were holding back the future of the country.
Osinbajo stated, “No matter how much you pray or fast, our country cannot grow without some of us deciding to do the hard work that makes nations work.
“I am a pastor, a spiritual person, and I understand the law of sowing and reaping. It is a spiritual law that has tremendous physical implications. Every time that we delay, or frustrate what we can do today, leaving it till tomorrow, we hold back the future. We too must reap what we have sown by experiencing delays.
“If you help others to achieve, if you help your nation, you have sown good seeds. You will find help and you will prosper too.”
Osinbajo urged the officials not to see the policies as government but personal policies.
He warned government officials against stifling businesses by delaying their registration, adding that such unnecessary delays also affected employment.
The acting President said, “Every generation of people owes the next generation a debt. That debt is paid by ensuring that we provide for the means for the next generation to survive.
“Or at least, we have a duty to ensure that we do not destroy the means of survival and prosperity of the next generation.
“But there are some people in every generation who have a special burden, a more important role than others in preparing for present prosperity and future abundance.”
Osinbajo stated that small or large businesses could not be created or could be frustrated out of existence if the environment for doing business in a country was harsh or difficult.
He stated, “So when a potential business owner wants to register a company, collect tax clearance certificate or obtain NAFDAC registration or SON certification, or expatriate quotas, or any other papers, approvals or certification from government, and we do not willingly and efficiently help him or her, we are killing the jobs and prosperity that he would have created.
“Every time we say come back next week to someone for something we can do today, we postpone prosperity of one person but in reality, we postpone the prosperity of so many who would have earned something from the business.
“So every time that a public official is an obstacle to business in any way, he attacks the prosperity of our economy and he attacks our future because it means our children cannot find jobs.”
On improved remuneration, Osinbajo assured the officials that they were in safe hands with him and President Muhammadu Buhari in the saddle.
“I have served in the public service most of my adult life. As a university teacher, adviser to a federal minister and attorney-general, I earned salaries; so I understand how salary increases can be such good news,” Osinbajo added.
The acting President stated that Nigerians would soon start seeing the manifestation of some of the reforms taken by the Federal Government in the agricultural sector.
He declared that the country would soon start producing local rice that would compete favourably with any brand in the world.
Osinbajo said this in Abuja during an interactive session with some middle level civil and public servants on the ease of doing business.
He called on Nigerians to increase their patronage of products manufactured locally, adding that this would enable the government to reduce the level of unemployment in the country.
Citing the example of rice production, he explained that Nigeria had enough capacity to grow quality rice that would meet the demands of not only Nigerians but all the countries in Africa.
Osinbajo stated that if Nigerians could consume what the country produced locally, the twin problems of poverty and unemployment would be easily addressed.
He said it was worrisome that rice imported from China, India and Thailand was sold at cheaper prices to those produced locally, adding that this was as a result of subsidy enjoyed by farmers in those countries.
The acting President added, “It is worrisome that locally produced rice is still expensive than imported rice from India, China and Thailand.
“Rice produced in these countries are subsidised by their respective governments making rice from the region cheap and affordable.
“By subsiding rice production for farmers, more jobs are created. We are planning to introduce some kinds of assistance to our farmers in due course. Our rice will have to compete with any rice in the world.”
Precision and Heritage: How Fifi Stitches Is Rewriting African Fashion Narratives
A Nigerian-born designer is gradually carving out a cross-continental footprint in contemporary fashion, blending African textile heritage with British technical discipline.
Esther Fiyinfoluwa Adeosun, Founder and Creative Director of Fifi Stitches, is gaining recognition for structured womenswear and bridal couture that reinterprets traditional fabrics through architectural tailoring and precision construction.
Born in Ibadan, Oyo State, Adeosun’s fashion journey began at home, seated beside her mother’s sewing machine. What started as childhood curiosity, sometimes jamming the machine just to understand its mechanics—evolved into a disciplined design practice now operating between Nigeria and the United Kingdom.
During an interview with journalists the fifi Stitches once mentioned “I was fascinated by how flat fabric could transform into something structured and meaningful”.
In her Story , early designs made for her family, though imperfectly finished, were worn with pride—an encouragement that laid the foundation for her professional confidence.
Today, Fifi Stitches is recognised for sculpted bodices, controlled tailoring, corsetry construction, and the contemporary reinterpretation of Ankara, Aso Oke, and Adire textiles.
The brand challenges the long-held perception that African fabrics belong solely in ceremonial contexts, instead positioning them within global luxury and modern design spaces.
Adeosun’s training reflects this dual perspective. She studied Fashion Design and Entrepreneurship at the Institute for Entrepreneurship and Development Studies, Obafemi Awolowo University, and earned a Diploma in Fashion Design through Alison Online.
In the UK, she undertook industry-focused technical training with Fashion-Enter Ltd and gained fashion business exposure through Fashion Capital UK.
Her technical expertise spans pattern drafting, draping, garment technology, structured tailoring, corsetry, and bespoke fittings—skills she describes as central to credibility in fashion. “Precision builds trust,” she says. “A designer must understand construction as deeply as creativity.”
Fifi Stitches has showcased collections at the Suffolk Fashion Show, Liverpool Fashion Show – FB Fashion Ball, Red Carpet Fashion Event in London, and through editorial features in London Runway Magazine.
The brand has also received coverage in The Guardian Nigeria and Vanguard Allure, expanding its visibility across markets.
Beyond couture, Adeosun integrates community impact into her practice.
She has facilitated garment construction workshops, draping sessions, and introductory training programmes for women and emerging creatives, promoting fashion as both artistic expression and vocational empowerment.
Fifi Stcithes Boss operates between Nigeria and the UK, in order to continue to shape her brand identity.
According to her “Nigeria provides cultural richness and expressive textile traditions, while the UK offers structured production systems, sustainability conversations, and institutional frameworks”.
Looking ahead, Adeosun said she plan to establish a fully structured fashion house spanning Africa and the UK, develop scalable production partnerships, launch capsule collections, and expand independent editorial visibility.
Her broader ambition is clear: to position African textile craftsmanship within global contemporary design conversations—through structure, discipline, and technical excellence.
GTCO Launches “Take on Squad” Hackathon 3.0, Opens Call for Applications
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has announced the launch of “Take on Squad” Hackathon 3.0, reaffirming its commitment to fostering innovation, empowering talent, and supporting the development of technology-driven solutions that address real-world challenges across Africa.
Now in its third edition, the Hackathon brings together developers, designers and entrepreneurs across Nigeria in a collaborative environment to build practical solutions across key sectors including financial services, healthcare, commerce and digital inclusion. Under the theme “Smart Systems: The Intelligent Economy,” participants are challenged to design and build intelligent, data-driven solutions that transform how communities engage with money.
Applications are now open, and interested teams can find full guidelines and registration details on the official portal at https://squadco.com/hackathon.
Speaking on the initiative, Eduophon Japhet, Managing Director of HabariPay, stated: “Today’s dynamic, digitally driven world demands continuous innovation, which is shaping how economies grow, how businesses scale, and how societies evolve. Through “Take on Squad” Hackathon, we are deliberately investing in the ideas and talent that will define the future. Our objective is not simply to encourage innovation, but to enable its translation into scalable solutions that deliver real and measurable impact. This reflects GTCO’s role as a financial services platform that connects capital, capability, and creativity to drive sustainable progress.”
The social coding event remains a cornerstone of HabariPay’s mission to foster creativity and problem-solving among emerging tech talents. Competing teams will leverage Squad’s advanced APIs to create scalable digital tools that address everyday challenges faced by businesses and individuals.
Through initiatives such as this, GTCO continues to position itself at the intersection of finance, technology and enterprise, actively shaping the future of digital transformation in Africa.
About HabariPay
HabariPay Ltd is the fintech subsidiary of Guaranty Trust Holding Company Plc (GTCO), one of the largest financial services institutions in Africa with direct and indirect investments in a network of operating entities located in 10 countries across Africa and the United Kingdom.
Licensed by the Central Bank of Nigeria (CBN), our goal is to support SMEs, micro merchants, large corporations and other fintechs (Tech Stars) with the tools they need to thrive in an evolving digital economy and expand beyond their current market reach. HabariPay’s solutions include Squad, a full-scale digital payments toolkit to make in-person and online payments simpler, HabariPay Storefront, an e-commerce website to facilitate online purchases, Value-Added Services to help merchants access cost-effective and flexible airtime and data bundles to run their businesses, as well as a switching infrastructure that enables tech-focused businesses to optimise cost and make transactions more efficient.
HabariPay’s contributions to Accelerating Digital Acceptance in Africa have not gone unnoticed–it received Mastercard’s Innovative Mobile Payment Solution Award at TIA 2022 for its innovative payment solution, SquadPOS.
About Squad
Squad is a complete digital payments solution that is reliable, secure, and affordable, making receiving in-person and online payments simpler and convenient.
Thousands of merchants currently leverage Squad’s payment solutions for their daily business operations. Squad’s current products and service offerings include SquadPOS, Squad Payment Links, Squad Virtual Accounts, USSD, and E-Commerce Storefront.
Find out more at www.squadco.com.
Electric 8-Seater Tula Moto Keke Enters Nigerian Market, Targets Higher Operator Earnings
LAGOS — A new electric-powered tricycle with an expanded passenger capacity has been introduced into Nigeria’s urban transport sector, offering operators a potentially more profitable and eco-friendly alternative to conventional petrol-driven “keke.”
The newly launched 8-seater electric tricycle, now available in Lagos with plans for nationwide distribution, features a dual-row seating arrangement capable of accommodating up to eight passengers per trip—significantly higher than the standard three-passenger configuration common across the country.
Promoters of the innovation say the increased capacity is designed to boost daily earnings for operators, particularly amid persistent fluctuations in fuel prices. By running entirely on electric power, the vehicle eliminates dependence on petrol, reducing operating costs and shielding drivers from fuel price volatility.
According to the distributors, the tricycle is equipped with a durable battery system capable of covering extended distances on a single charge, making it suitable for commercial operations across high-traffic routes, residential estates, campuses, and marketplaces.
“The concept is straightforward—enable drivers to earn more while spending less,” a company representative stated. “With higher passenger capacity and zero fuel requirements, operators can maximise each trip without the burden of daily fuel expenses.”
Beyond its cost-saving potential, the electric keke is also said to require less maintenance than traditional models, offering additional long-term savings. Its quieter and smoother operation is expected to enhance passenger comfort and overall commuting experience.
Industry analysts note that the introduction of electric mobility solutions reflects a growing shift toward cleaner and more sustainable transportation alternatives in Nigeria, particularly in densely populated urban centres such as Lagos.
The distributors added that the product is currently available under a limited promotional offer, with delivery options across the country.
For inquiries and purchase: 📞 08153432071
📞 08035889103
Office Address:
📍 Plot 9, Block 113, Beulah Plaza,
Lekki–Epe Expressway,
Lekki Phase 1, Lagos
As transportation costs continue to rise and environmental concerns gain prominence, innovations like the electric 8-seater keke may signal an emerging transition toward more efficient and sustainable mobility solutions nationwide.
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