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Zenith writes FG after Global Fund, others withheld over N67m contract fee

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An indigenous logistics company, Zenith Carex, has written to the Federal Government, requesting the government’s intervention to recover over N67 million contract funds allegedly withheld by a United States organization, Chemonics International, and its associates over the past two years.

 

The others alleged to be involved in the contract were Global Fund, an international organisation financing AIDS, Tuberculosis, and Malaria prevention, and the United States Agency for International Development (USAID).
The company argued that the fund was outstanding of a contract executed for Chemonics, who were said to have been contracted Global Fund and USAID to execute and managed an integrated supply chain within Nigeria between 2017 and 2019.
Zenith added that after the completion of the contract, which indicated Chemonics must in every 30 days pay for logistics carried out by their contractor, the United States organisation had allegedly refused to pay even after several requests were made.
Worried by the alleged refusal, the logistics company in a letter wrote to the government through Minister of Health, Dr. Osagie Ehanire and was titled: ‘Imminent International Intimidation And Bilateral Blackmail Of A Business Relationship/Partnership By Chemonics International INC SAII And Its Associates: An urgent request/application for your intervention, advice/guidance and amongst others.
In the letter signed by Chief Executive Office (CEO) of the company, Adelana Olamilekan, and obtained by Vanguard, the company stressed that the withheld balance of their contract fee was affecting their operation.
The company stated categorically that during the period, all transactions were documented and consignments were delivered at the appropriate locations, and all paper works signed between both parties even when the international organisation was not fulfilling its own side of the bargain.
It reads: “To intervene, investigate and interrogate the process with a view to unraveling the course of action after three years of successful hitch-free delivery without any form of query from their Nigeria office since inception of the contract.
“To guide and assist our company to recover the sum of over N67 million which was the sum of money owed us by Chemonics International Inc. Sall & Associates, which they seek to avoid paying by using antics. Falsehood and deception to evade payment.
“To also direct Chemonic and Sail to issue a letter of apology to us for embarrassment and inconveniences suffered as a result of their actions”, the company added.
Earlier, it was learnt that trouble started after Global Fund Nigeria Country team, in April 2019, received a request for additional funds from Chemonics International to complete their task, citing some exigencies during the execution of the project.
The trouble was said to have become obvious when Zenith Carex demanded the balance of the projects it executed as stipulated in the contract agreement signed earlier in 2017, but rather than pay, Global fund wrote a petition to the OIG and alleged that the Nigeria logistic company allegedly defrauded its supported programs of US$3 million.
Global Fund in the petition added that Zenith systematically inflated invoices for the distribution of health commodities to warehouses and health facilities throughout Nigeria.
Rather than pay, the Global Fund went ahead to engage Local Fund Agent (LFA) to examine potential causes of the overspend and it was alleged that there were numerous unsupported sub-contractor expenditures made.
For Global Fund not to further pay, the Chemonics’ Office of Business Conduct (OBC) in synergy with the OIG embarked on another joint field mission to Abuja in February 2020 which Zenith described as not necessary considering the documents presented.
In the investigation report, Global Fund alleged that the Nigerian logistic company inflated distribution invoices up to ten-fold and held tenaciously to its pre-investigation believe, a claim Zenith argued was a clear misrepresentation of services executed.
According to Global Fund, Chemonics’ controls were ineffective in identifying the fraudulent invoices. Staff were negligent in reviewing the invoices and supporting documentation as well as approved inflated invoices that were not in line with the contracts, for over two years.
They also alleged that Chemonics’ inadequate financial monitoring in the local office and Headquarters led to retrospective identification of cost overruns, making it more difficult for Chemonics and the Global Fund Secretariat to identify the fraud thereby asking for a refund of US$712,588, or 93 percent of the total charges, by invoicing for truck tonnage supplied by Zenith.
The Nigerian company, reacting to the outcome claimed that it does not have any business relationship with Global Fund since they are not their direct contact.
“Chemonics were the company that contracted us and they are the one owing us. We do not know how that should be an issue with Global Funds. OIG/GF report was a misrepresentation of facts filled with distorted information and it is biased”.

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Precision and Heritage: How Fifi Stitches Is Rewriting African Fashion Narratives

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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.

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GTCO Launches “Take on Squad” Hackathon 3.0, Opens Call for Applications 

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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.

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Electric 8-Seater Tula Moto Keke Enters Nigerian Market, Targets Higher Operator Earnings

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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.

 

Electric 8-Seater Tula Moto Keke Enters Nigerian Market, Targets Higher Operator Earnings

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