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Impact Project Will Inspire Quality in Local Manufacturing, Says Anyakora As Bloom Commences Capacity Building for Manufacturers By James Oyekunle 

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Impact Project Will Inspire Quality in Local Manufacturing, Says Anyakora As Bloom Commences Capacity Building for Manufacturers By James Oyekunle 

Impact Project Will Inspire Quality in Local Manufacturing, Says Anyakora As Bloom Commences Capacity Building for Manufacturers By James Oyekunle 

 

 

 

In furtherance of its commitment towards repositioning the Nigerian pharma industry as an independent and significant player in the global space, Bloom Public Health in conjunction with the Federal Government of Nigeria, the National Institute for Pharmaceutical Research and Development (NIPRD) and the World Bank, has begun a 3-day training workshop tagged Nigerian Pharmaceutical Manufacturers’ Improvement and Capacity Building.

 

 

 

 

 

The event, which is one in a series of programmes termed the “Impact Project”, holds from Tuesday June 20 to Thursday June 22, 2023 at The Colossus Hotel, Lagos, will feature lectures and presentations from experts in the relevant aspects of pharmaceutical manufacturing such as regulation, production and quality assurance and control.

 

 

 

 

Day One witnessed insightful presentations from facilitators. In his presentation titled “Trends in Global GMP Compliance”, Bloom Public Health’s Technical Director, Mr Hakeem Oshiyemi, enlightened participants on the core and cardinal components that ensure good manufacturing practice in the local manufacturing landscape. He enumerated strategies that minimize risks involved in pharmaceutical production and urged pharmaceutical manufactures to embrace best practices in order to compete globally.

 

 

 

 

 

 

During his presentation titled “Building Quality Culture in the Pharmaceutical Industry”, Dr Onyenoha Chukwumeriji, an international GMP/GDP/QA/QC consultant, highlighted the connection between quality culture and optimum performance in the pharmaceutical industry. He emphasized the significance and quality of a pharmaceutical company’s corporate culture to its image and level of success. He enumerated factors such as employee-employer relations, ergonomics and succession plan as some of the basics that can swing the pendulum of a pharmaceutical company’s growth either forward or backwards. He called on Chief Executives of pharmaceutical manufacturing companies to imbibe such core values that instigate the pursuit of excellence and quality assurance, if they really want to remain relevant and competitive in the international marketplace.

 

 

 

 

 

 

Speaking earlier during his welcome address, CEO of Bloom Public Health, Prof. Chimezie Anyakora, said the workshop is aimed at supporting pharmaceutical manufacturing companies in Nigeria to improve their standards and quality control systems. Anyakora bemoaned the beggarly disposition of Nigeria in terms of the type of aid it gets from the international community.

 

Impact Project Will Inspire Quality in Local Manufacturing, Says Anyakora As Bloom Commences Capacity Building for Manufacturers By James Oyekunle 

 

 

 

According to him, instead of supporting with funds, most of the aids come in the form of medicines which may not have the desired impact, hence the need for the country to chart a new and nobler course towards its own independence in terms of manufacturing capacity. To this end, he said, relevant players in the Nigerian pharma space, including the Pharmacy Council of Nigeria (PCN), NPRD, PMG-MAN and others are collaborating to make the attainment of this independence a reality.
“In summary, Impact Project is here to help Nigeria attain quality and start competing globally. Year in, year out, a lot of funding that gets to the country come as medicine aid not as monetary funding to Nigerian manufacturers. One way to discontinue this ugly trend is to build our people and change the beggarly narrative”, he said.
On how this project affects Nigeria’s global rating in terms medicines regulation, Anyakora said: “Once the regulator ups his game, it then means that the regulated must also push their game up. Right now, our regulator is at maturity level 3 (ML3). This means that what they would demand from manufacturers would be much more than what they used to demand. So, the manufacturer has to wake up. And I strongly believe that the Impact Project, beginning with this capacity building workshop, will be the stinging fly that would wake the slumbering giant of Africa from sleep unto continental and perhaps, global glory in pharma manufacturing.”

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Sahara weekly online is published by First Sahara weekly international. contact [email protected]

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Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion 

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May 12, 2026

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*Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion* 

_By AGP News 

 

*UNITED KINGDOM OF ATLANTIS* — In a move signaling a push into international markets, the Royal Throne of the United Kingdom of Atlantis on Sunday announced the corporate transformation of Atlantian Crown Bank LLC into *Arizona Global Bank LLC*, as part of a wider restructuring to position the institution for global banking and financial innovation.

 

The announcement was made at a press conference in the UKA capital by *HRM Queen Amb. Cletus C. Leaticia*, Chief Executive Officer of the newly named bank. She told reporters the rebranding marks _“more than a name change”_ and reflects a strategic pivot toward digital finance, cross-border investment, and modern banking standards.

 

_“This transformation represents our commitment to innovation-driven banking and our vision to become a globally competitive financial institution,”_ Queen Leaticia said.

 

*Licensing Process Underway*

According to the Department of Financial Administration and Corporate Affairs, which issued the official communication, Arizona Global Bank LLC has formally begun the process of applying for a *Banking Operational Licence* under UKA’s financial regulatory framework.

 

Once licensed, the bank plans to operate as a modern financial enterprise focused on four pillars:

1. Innovation-driven banking and digital financial solutions

2. Corporate financing and structured investment services

3. International financial partnerships and cross-border trade facilitation

4. Financial inclusion initiatives

 

Bank officials stressed that the institution will _“maintain strict compliance with all banking regulations and supervisory standards”_ set by UKA financial authorities.

 

*Strategic Shift Amid Global Ambitions*

Management described the rebranding as part of a broader restructuring initiative to _“strengthen the bank’s international identity, expand its global financial footprint, and align operations with contemporary banking standards.”_

 

Representatives called the licensing and rebranding process a _“major milestone”_ aimed at supporting economic growth, international trade, and cross-border investment initiatives.

 

*No Disruption to Existing Commitments*

Addressing potential concerns from clients and partners, management reassured stakeholders that _“all existing institutional commitments, operational objectives, and long-term strategic plans remain fully intact throughout the transition process.”_

 

The Royal Throne indicated that further updates on the licence approval, commencement of operations, corporate partnerships, and investment programmes will be released through official UKA and Arizona Global Bank LLC channels.

 

_The Department of Financial Administration and Corporate Affairs, Royal Throne of United Kingdom of Atlantis, issued the official statement._

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Fidelity Bank grows Gross Earnings by 45.6% for FY 2025 

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May 12, 2026

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Fidelity Bank grows Gross Earnings by 45.6% for FY 2025 

 

Lagos, Nigeria – Fidelity Bank Plc, a leading Nigerian financial institution, has announced its audited financial results for the year ended 31 December 2025, reporting Gross Earnings growth of 45.6% from N1.04 trillion in 2024 to N1.52 trillion in FY 2025, reflecting stronger topline momentum across core business segments.

 

 

The Group recorded a Profit Before Tax of N347.7 billion.  This performance was underpinned by a 38.7% year-on-year increase in interest income to N1.11 trillion (FY 2024: N803.1 billion) and a 44.7% year-on-year rise in fees and commission income to N113.4 billion (FY 2024: N78.4 billion).

 

 

On the balance sheet, total assets grew by 18.6% year-on-year to N10.46 trillion (FY 2024: N8.82 trillion), while customer deposits increased by 16.1% year on year to N6.89 trillion (FY 2024: N5.94 trillion), reflecting continued franchise strength and growing customer confidence in the brand. Net loans and advances declined by 2.4% year-on-year to N4.28 trillion (FY 2024: N4.39 trillion) as customers paid down on their mature obligations.

 

 

The Bank also strengthened its capital position during the period, with eligible capital rising to N561 billion, above the regulatory minimum of N500 billion for banks with international authorisation. In addition, capital adequacy remained robust, with Capital Adequacy Ratio of 30.94 percent as at 31 December 2025 (FY 2024: 23.47 percent).

 

 

Ranked among the best banks in Nigeria, Fidelity Bank Plc is a full-fledged Commercial Deposit Money Bank serving over 9.1 million customers through digital banking channels, its 255 business offices in Nigeria and United Kingdom subsidiary, FidBank UK Limited.

 

 

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.

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ALIKO DANGOTE FOUNDATION’S FORGES PARTNERSHIP WITH ISLAMIC DEVELOPMENT BANK

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5 hours ago

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May 12, 2026

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ALIKO DANGOTE FOUNDATION’S FORGES PARTNERSHIP WITH ISLAMIC DEVELOPMENT BANK

ALIKO DANGOTE FOUNDATION’S FORGES PARTNERSHIP WITH ISLAMIC DEVELOPMENT BANK

 

 

 

Ms. Zouera Youssoufou, Managing Director & CEO of Aliko Dangote Foundation (ADF) in company with Mr. Ahmed Iya, Head of Community Engagement & Polio Eradication of ADF visited Dr. Rami Ahmad, Vice President (Operations) of the Islamic Development Bank at IsDB Headquarters in Jeddah.

 

The delegation used the occasion to highlight the activities of the Foundation so far which made great impact on people of all races by enhancing opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden empowerment opportunities for individuals and communities.

 

 

 

Dr. Rami also expressed his expectation of a good and rewarding partnership between the two organisations, as many member countries of the IsDB face pressing debt challenges that constrain their investments in people and livelihoods.

 

ALIKO DANGOTE FOUNDATION’S FORGES PARTNERSHIP WITH ISLAMIC DEVELOPMENT BANK

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