Olushola Faleye On Course To Provide Decent And Affordable Houses For Lagosians

With over two decades of experience in banking operations, business analysis, project management, ICT, customer relationship management, and business process improvement, Olusola John Faleye has written his name with indelible ink as a seasoned resource manager and a leader focused on completing any project within its time frame.

His extensive career across different sectors is a testament of his profound understanding of the interplay between business and technology.

Focused on success and leaving enviable impressions wherever he goes, the astute manager has consistently delivered exceptional financial and operational results in multiple roles across two leading financial institutions in the country.

As the technical specialist to the immediate past Group Chief Executive Officer (GCEO) of Access Holding PLC., Faleye played a pivotal role in optimising the GCEO’s execution of the bank’s corporate strategy and change initiatives. His contributions were instrumental in leveraging technology for the GCEO’s executional framework, driving initiatives such as paperless operations, process automation, and strategic technology adoption. He also contributed immensely to the GCEO’s success at achieving the drive for bank’s Balance Sheet and P&L targets.

While with Diamond Bank Limited, iconic banker held different positions that included the Regional Head of the Systems Support Unit and Special Assistant to the Chief Executive Officer, where he led the bank’s ICT operations and boardroom technology and also played a key role in the implementation of various projects to achieve the bank’s goals and objectives.

As a proven change leader and innovative manager, Faleye in 2020 played a significant role in orchestrating collaborations among business leaders across Nigeria and supporting the GCEO’s efforts to manage the impact of the pandemic, which resulted in the establishment of the ‘Coalition Against COVID-19’ (CACOVID).

With a bachelor’s of science degree in mathematics from Ahmadu Bello University, Zaria, Nigeria, followed with a master’s in information security from the University of London, set out to transform businesses for good.

Currently overseeing the affairs of Lagos Building Investment Company Plc. (LBIC) as the Managing Director/CEO, Faleye envisions positioning the financial house as a top-tier in the sector, providing mortgage solutions and leveraging transformative technology as a strategic tool to achieve this vision.

Using his skills and experiences to drive business growth and deliver exceptional value through technology and innovation, the LBIC helmsman last year showcased what he is known for when his team through a Pubic-Private Partnership (PPP) arrangement delivered the WGC/LBIC Greater Lagos Flats that comprised 144 units of affordable flats, including studio, 1 and 2 bedroom flats within a specific time frame.

Not ending there, the banker unveiled his organisation’s next line of action, saying: “LBIC in the next four years shall pursue the following, among others: significant multiplication of contributors in LBIC, acceleration of home ownership in Lagos which aims to aggressively build and facilitate ownership of affordable homes in four years, including the development of premium real estate.”

With a robust track record of delivering results and a steadfast commitment to business transformation, the seasoned executive banker declared that the THEMES agenda is not just a slogan, but a blueprint for progress, adding that the commissioning of the Amuwo-Odofin complex by the Lagos State Governor, Babajide Olusola Sanwo-Olu, proves its effectiveness.

Having facilitated high-level engagements with Presidents of different countries, chief executive officers of multilateral organisations, and C-suite executives of numerous companies, Faleye is not allowing the relationship built overtime go down the drains; in fact, he is utilising it to partner key stakeholders across major African and European business and trade corridors to delivered significant investment returns to his organisation, aside from providing affordable housing that not only meets the needs of the people, but also drives economic growth.
Describing the Lagos State THEMES agenda as a significant milestone for the state government and residents, Faleye is working in accordance of the agenda to ensure that as many residents in Lagos as possible that is desirous of a house has access a decent and affordable one.

NWANGWA UZONNA: Visionary Entrepreneur, Committed To Financial Empowerment, Driving Economic Transformation, Fueling Growth, Sustainability, Long-Term Success

Dr. Nwangwa Uzonna, HCIB, FCIPA, PCF, DBA, CMP,the Group Managing Director/CEO,  Irvin Global and Investment Group,is a visionary leader, accomplished entrepreneur, and astute business executive who has made a profound impact in the financial sector. He is also a passionate advocate for faith in God Almighty, believing that true success is rooted in God’s divine guidance and service to humanity.

With a Bachelor of Arts in Theology from Babcock University, he started his career in commercial banking, where he gained over 14 years of expertise, forging strategic connections and mastering the intricacies of financial services. However, fueled by a God-given vision to transform lives through financial empowerment, he transitioned into entrepreneurship and founded Irvin Global and Investment Group—a leading financial institution committed to reducing poverty and expanding access to finance.

Under his God-centered leadership, Irvin Global has expanded to over 30 branches across Africa, with a workforce exceeding 2,000 employees. The organization’s mission is deeply rooted in faith, integrity, and financial inclusion, ensuring that individuals and businesses can access the funding they need to thrive.

A firm believer in integrity, excellence, and people-centered leadership, Dr. Nwangwaalso firmly believes that Jesus Christ is the foundation of the company’s success, guiding every milestone and breakthrough. Thus he has guided Irvin Global through eight years of consistent growth, ensuring that its success is not only measured by financial performance but by the lives transformed through accessible financing solutions. His passion for youth empowerment, financial literacy and ethical entrepreneurship has shaped Irvin Global’s culture, creating an environment where employees are nurtured both professionally and spiritually.

Beyond his corporate pursuits, Dr. Nwangwa is a man of deep faith, passionate about leading people closer to Jesus Christ. He believes that true wealth lies not just in financial prosperity but in a life aligned  with God’s purpose.

According to him, for Nigeria to produce more award-winning CEOs, business leaders must trust and depend on God Almightyacknowledging that true success comes from His wisdom and guidance. Beyond strategic planning and execution, leaders must cultivate integrity, resilience, innovation, as well asensuring their businesses create sustainable impact. A deep sense of responsibility to serve people, drive economic growth, and empower communities is essential.

Under God’s direction and guidance, Irvin Global and Investment Group has gained numerous recognitions and accolades for its unwavering commitment to financial empowerment, economic inclusion, and business growth. Some notable awards include:  Distinguished Fellow Of The African Institute, DFAI – African Institute Of Public Administration, APA- Ghana; Certified Management Professional (CMP) – London Bridge Business School LBBS United Kingdom; Award of Corporate Excellence – Global Entrepreneurship Festival; Award of Distinguished Entrepreneur of the Year 2024 – Good Governance Ambassadors International; Award of Excellence “Epitome Of Hope”- West Africa Student Union; Most Trusted Young Entrepreneur in Financial Company- Congress of Nigeria Youth (CONYO); Top Company of the Year -Yali Network Abuja; Most Influential Entrepreneur of the Year 2023- Nigeria Most influential Awards Group; Legendary Business Achiever Award; Thomas Sankara Pan African Leadership Prize for Excellence.

While reacting to his Selection and Recognition by The Guardian as one of the “100 Visionary and Transformative CEOs That Shaped Nigeria’s Economic Landscape In 2024”, Dr. NwangwaUzonna gave an insight into his professional background, career journey, the strategic corporate vision of Irvin Global and Investment Group and the milestones that the company has achieved, as well as his opinion on the best way to deal with the current biting economic downturn, amongst other issues. Excerpts ….

What would you describe as the greatest passion that has brought you this far in your career?

My greatest passion lies in being a co-laborer with God Almighty, driving financial empowerment and economic transformation while passionately sharing the love of Jesus Christand leading others to Him. I am also committed to creating opportunities for individuals and businesses to access financial solutions that fuel growth, sustainability, and long-term success. Having experienced financial struggles in my early years, I understand the importance of access to resources and guidance, which fuels my dedication to helping the less privileged overcome financial barriers. I am passionate about bridging economic gaps, fostering entrepreneurship, and contributing to a more inclusive and prosperous society—while ensuring that my faith in Jesus Christ remains a guiding force in all that I do.

How would you describe the nexus between the strategic corporate vision of Irvin Global and Investment Group and the milestones that the organization has accomplished in recent years?

The strategic corporate vision of Irvin Global and Investment Group is centered on Faith in God Almighty, financial empowerment and business growth. By God’s special Grace, we have remained committed to providing accessible financial solutions, which has driven our key milestones. Through God’s divine favor, we have expanded our reach, granting credit facilities to over 100,000 individuals and businesses, enabling them to scale their operations and achieve financial stability.

With God’s Guidance, we have successfully established multiple branches, including our corporate headquarters in Maitama, Abuja, to enhance accessibility to our services. Our culture of innovation and risk management ensures sustainable business growth.These milestones are a reflection of God’s Faithfulness, our dedication to transforming lives, and our mission to contribute meaningfully to Nigeria’s economic landscape.

Can you give us an insight into the Irvin Global and Investment Group’s product/services offerings, its cutting-edge advantage, growth trajectory and how the company has been able to earn the trust of both clients and shareholders?

At Irvin Global, our product and service offerings are designed to bridge financial gaps, empower businesses, and enhance wealth creation. We specialize in tailored credit facilities, offering loans to salary earners and business owners, helping them meet urgent financial needs, scale their enterprises and seize growth opportunities.

Our cutting-edge advantage lies in our trust and total dependency on God Almightywhich guides our business decisions and operations. We are distinguished by our customer-centric approach, swift loan processing, and flexible repayment plans, setting us apart from competitors. Through God’s wisdom, we leverage technology and data analytics to assess risks efficiently, making financing more accessible and seamless. Our unwavering commitment to integrity, innovation, and service excellence ensures that we continue to earn the trust of our clients and stakeholders, empowering individuals and businesses to achieve financial stability and growth.

Apart from Integrity, what other unique attributes can you say about the Irvin Global and Investment Group brand in terms of innovation, target clientele, the industry and the Nigerian economy, as a whole?

Apart from Integrity, other unique attributes that distinguish us as a leading finance house in Africa include the fact that Irvin Global and Investment Group is deeply rooted in faith in God Almighty. This is the foundation of our vision, decisions and success. We believe that our achievements are by God Almighty’sSpecial Grace, and we remain committed to operating with trust, excellence, and divine guidance in all our endeavors.

For our target Clientele and Financial Inclusion drive, we primarily serve salary earners, business owners, SMEs, and young entrepreneurs, ensuring they have access to the capital needed for growth. By focusing on financial empowerment, we contribute to job creation and economic sustainability. Our invaluable contribution to the Nigerian economy is not in doubt. Thus, by facilitating access to credit, encouraging business expansion, and promoting investment opportunities, Irvin Global plays a vital role in strengthening Nigeria’s economic resilience and financial ecosystem. Our goal is to drive sustainable growth while fostering trust and financial empowerment nationwide.

What would you consider as the toughest decision that you ever made and the lessons learnt?

One of the toughest decisions I ever made was to take a bold step in expanding Irvin Global and Investment Group, even when the economic climate was uncertain. Opening five (5) new branches including our corporate headquarters all by the Special Grace of Jesus Christamidst financial instability and regulatory changes required immense strategic planning and risk management.

Speaking of lessons learned, I will sayputting God Almightyfirst and trusting God above human understanding. There is so much we cannot achieve without God. Faith in God is the foundation of our success, and we have seen firsthand that “by strength shall no man prevail” (1 Samuel 2:9). Every milestone we have reached is a testament to God’s grace, guidance, and mercy. As the Bible says, “It is not of him that runs or him that wills, but of God that shows mercy” (Romans 9:16). We have learned that hard work, strategy, and intelligence alone are not enough—God’s mercy is the ultimate key to breakthrough and sustainability.

We have also embraced the wisdom in Proverbs 3:5-6:“Trust in the Lord with all your heart and do not rely on your human understanding. In all your ways acknowledge Him, and He will direct your paths.” In business and leadership, challenges will arise, but we have learned to commit everything to God, seek His wisdom, and follow His direction. That is why Irvin Global continues to thrive. Jesus Christ remains our Ultimate CEO, and as long as we trust in Him and remain aligned with His purpose, we will continue to break new ground and impact lives.

Furthermore, I have learned that our People Are the Greatest Asset – Investing in the right team, leadership, and staff development played a significant role in executing the expansion successfully.

As a key practitioner and stakeholder in the Nigerian private sector, what steps do you think government needs to take to address obvious challenges in the nation’s economy in order to fast-track economic development and wealth creation for the nation?

As a key practitioner in the Nigerian private sector, I believe the government must take deliberate and strategic steps to address economic challenges and fast-track national development. These include:Love God Almighty and Trust in Him first.The foundation of any nation’s prosperity lies in acknowledging God’s sovereignty. “Righteousness exalts a nation” (Proverbs 14:34), and leaders who seek God’s wisdom and direction will make decisions that foster true economic growth. The government must put God first, recognizing that human wisdom alone cannot solve the nation’s economic challenges.

Secondly,Governwith a Heart for the People: Leadership is about service. The government must genuinely love and prioritize the well-being of its citizens, ensuring policies that empower individuals and businesses. Selfless leadership that focuses on people’s needs rather than personal gain will drive national prosperity.

Thirdly, Create an Enabling Business Environment: For sustainable economic development, the government must reduce bureaucratic bottlenecks, improve access to funding for businesses, and create policies that encourage entrepreneurship. A thriving private sector translates to job creation, increased productivity, and wealth distribution.

Fourthly, Strengthen Infrastructure and Security: No economy can thrive without stable power, good roads, efficient transportation, and security. The government must invest in critical infrastructure and provide a safe environment where businesses can operate without fear of insecurity.

Lastly, Invest in Education and Skill Development: A nation’s economy thrives when its people are well-equipped with relevant skills. Revamping the education system, supporting vocational training, and aligning curricula with industry needs will produce a workforce that drives innovation and productivity.

OLUBUNMI KUKU: Transformative Professional, Committed To Efficiency, Setting New Standards In Value-Driven Operations In Nigeria’s Aviation Industry

Mrs. OlubunmiOluwaseun Kuku is anaccomplished financial systems  professional, who has made history as the first female Managing Director and Chief Executive of Federal Airports Authority of Nigeria (FAAN). With a remarkable career that spans over two decades, Kuku’s professional journey is a testament to her expertise, leadership, and unwavering dedication to the aviation industry.

OlubunmiKuku’s academic foundation is as impressive as her professional one. She graduated with a Bachelor of Science in Finance from the prestigious University of Illinois in 2000, demonstrating early on her aptitude for complex financial systems. Not resting on her laurels, she furthered her education by obtaining an MBA in International Finance & Strategic Management from DePaul University’s Kellstadt Graduate School of Business in 2004. These academic achievements laid the groundwork for a career marked by strategic insight and innovative thinking.

Before shattering the glass ceiling at FAAN, Kuku honed her skills in various high-impact roles. Her tenure as Vice President and Head of Visa Consulting & Analytics for Sub-Saharan Africa at Visa saw her drive significant growth and development in the region. She also brought her expertise to Ernst & Young (EY) as a Partner in Business Consulting, showcasing her ability to navigate and transform complex business environments.

Furthermore, her role as a General Manager at the Nigerian Airspace Management Agency (NAMA) overseeing Business Development & Investment underlined her capability in steering organizations towards success.

Kuku’s influence extends beyond the corporate realm into strategic sectors of the economy. She has played a pivotal role in driving transformative growth, notably in her advisory capacity for Strategy & Infrastructure Development at the Nigerian Airspace Management Agency. Her hands-on involvement with the former Minister of Aviation and as General Manager for Business Development at the Nigerian Airspace Management Agency underscored her deep commitment to the aviation sector.

Collaborating with prestigious development and multilateral agencies, Kuku has engaged with the World Bank, African Development Bank (AFDB), Economic Community of West African States (ECOWAS), International Finance Corporation (IFC), and the United States Agency for International Development (USAID). These collaborations highlight her ability to work at the intersection of international development and strategic economic planning.

Kuku’s professional affiliations and certifications further underscore her commitment to excellence. Her participation in the Executive Leadership Program, IGNITE, at INSEAD Business School/Visa in 2023, her status as a Fellow of the Nigerian Institute of Business Development since 2014, her membership in the National Institute of Marketing Nigeria since 2016, and her Executive Education at Harvard Business School in 2004, all speak volumes of her continuous pursuit of professional development and excellence.

Appointed by President Bola Ahmed Tinubu, GCFR, Kuku’s ascent to the top echelon of FAAN was not just a career milestone but also a significant moment in Nigerian aviation history. Known for her impeccable leadership skills and dedication, she has always been at the forefront of innovation and efficiency, setting new standards in airport management and operations.

Kuku’s achievements extend beyond her professional capabilities. Her appointment as the Managing Director of FAAN is a significant milestone in breaking gender barriers in a traditionally male-dominated field. She has not only paved the way for future female leaders in aviation but also left an indelible mark on the history of the Federal Airports Authority of Nigeria.

In her role at FAAN, Kuku is tasked with spearheading initiatives towards creating a safer, more consumer-centric aviation landscape in Nigeria. She is set to establish high standards and efficiency within the industry, demonstrating her dedication, expertise and unwavering commitment to excellence. Her leadership is crucial in promoting the goals of the aviation sector and aligning with President Bola Ahmed Tinubu’s vision for a renewed and prosperous Nigeria. Kuku’s journey is not just inspiring but also a beacon of hope and a model for aspiring leaders in the aviation industry and beyond.

While reacting to her nomination and recognition as one of the “100 Visionary and Transformative CEOs That Shaped Nigeria’s Economic Landscape In 2024”,Mrs. OlubunmiOluwaseun Kuku disclosed that within the past twelve months under her watch,FAAN has accomplished a significant progress in its operations both internally and across the nation’s Aviation Sector. These include: Improvements in Staff Trainingwithconsiderable strides in closing the training gaps that existed.

According to the highly resourceful aviation industry expert, “It gives me great pleasure to report that we have trained a significant number of staff this year, equipping them with the skills needed to excel in their roles.These are: AVSEC trained -1634; Engineering trained – 211; Operations trained – 558; Safety trained – 3238 (staff and stakeholders); Environmental services – 55; ASTC -124; General trainings – 3933; Conferences – 623.

Enhanced Safety Initiatives: Our safety efforts have been recognized internationally, particularly at the ACI event held in South Africa. We received awards for our commitment to safety, which speaks volumes about the dedication and hard work of our team in this vital area.

Also, we are sustaining our achievements in Enhanced Passenger Facilitation and Travel Experience: We have worked tirelessly to streamline passenger services, improving the overall travel experience. This remains one of our core areas of focus as we strive to provide a seamless and stress-free journey for all our passengers.

Secondly, Staff Welfare and Employee Engagement: We understand that our staff are our most valuable asset. As such, we have placed a strong emphasis on improving staff welfare and engagement. We continue to listen to our employees and ensure they feel valued, supported, and motivated.

Thirdly, Culture Transformation through the AcculturalizationProgramme: One of our most significant initiatives has been the Acculturalization Program, which has helped align our organisational culture with the values and vision that will carry us forward. This program has fostered a sense of unity, pride, and shared purpose within our teams.

Similarly, we have concluded the Recertification of MMIA Lagos and the NAIA Abuja: This accomplishment is one we are particularly proud of as it showed what we are able to do when we listen to one another and collaborate. It also showed that FAAN can work cordially with our sister agencies in the aviation sector with amazing results. Even though we still have some gaps to close, we are making the safety and security of our airports the primary issue in all we do.

Furthermore, we are advancing Organizational Culture for Productivity and we have implemented the Culture Accreditation Programme through culture change and acculturation training. These have been made easy by publishing the FAAN Culture Creed and the FLIGHT to Excellence handbook to guide behavioral standards.

To motivate our team, we have introduced the MD’s Excellence and Productivity Award, recognizing outstanding staff performance and equally launched the bi-monthly bulletin, Skyward Shift, to reinforce professionalism and communication.

Another area of focus in or operations is to enhancing ease of doing Business/through OSS/PEBEC. FAAN achieved an impressive 98.2% score in the presidency’s most recent RRA (Regulatory Reform Assessment). We have also improved on fostering private sector collaboration and innovation – A good example is the E-Wing Toilet innovation Project at MMIA which was done through a public private partnership.

In the same vein, we are strengthening FAAN’s global partnership with ACI. FAAN earned two prestigious awards at the ACI Conference in South Africa which highlights FAAN commitments to maintaining high safety standards and operational excellence across Nigerian airports.

In testament to the giant and transformative strides at FAAN, the Agency secured position as the host nation for the ACI GAMS/AMPAP Programme in March 2025, positioning FAAN as a leader in global airport management training and collaboration.

Against this backdrop, the NnamdiAzikiwe International Airport, Abuja was honoured with the ACI Safety Award 2024 for Excellence in Airport Emergency Management and Resiliencewhile the Port Harcourt International Airport: was also recognized with the ACI Safety Award 2024 for Excellence in Airport Emergency Management and Resilience.Similarly, an Award of Excellence in Airport Emergency Management and Resilience by ACI at the 34th General Council Meeting on “Airport Excellence” in September 2024 in South Africa for Obafemi Jeremiah Awolowo International Airport, Port Harcourt.

Other notable accomplishments within the period under review include: Rehabilitation of runway 18R/36L at MMIA, Lagos and repair of failed section on the presidential taxiway at NnamdiAzikiwe International Airport, Abuja; Provision of dedicated power (33/11KV injection substation) at AkanuIbiam International Airport, Enugu; Renovation/rehabilitation of Hajj Terminals Kaduna, Ilorin, Maiduguri, Yola, Abuja, Katsina& Kano Airports while others are either ongoing or proposed.

FAAN has made provision fora 33/11KV circuit breaker at MallamAminu Kano International Airport, Kano and completed the construction of sewage treatment plant at Oba Akenzua II Airport, Benin.Presently the sum of ₦343,870,721,789.31 was generated from January to November, 2024 indicating an increase in revenue 82.5% performance which represents a positive variance of ₦155,487,786,012.29 between 2024 and 2023.

UPGRADING OF FACILITIES, IMPROVED INFRASTRUCTURES AND INNOVATIONS

• Refurbishment of toilets and repair/replacement of escalators and elevators of Terminals B & D at NnamdiAzikiwe International Airport, Abuja (Ongoing)
• Remarking on the airside pavement (Runway, Taxiway, and Aprons) at various airports (Ongoing)
• Expansion and upgrade of Terminal Building for international operations at General MuhammaduBuhari International Airport, Maiduguri (Ongoing)
• Construction of a befitting Toll Gate at LamidoAliyu Mustapha Airport, Yola
• Construction of Sewage Treatment Plant at Hassan UsmanKatsina Airport, Kaduna
• Review and re-pricing of aeronautic and non-aeronautic tariffs at the Airports to reflect economic realities and optimisation of revenue generation
• Re-evaluate the ATL concessions, review and recalibrate the pricing structure based on current market realities and explore options for flexible pricing arrangements that would consider the Agency’s operational costs
• Commissioning of Prepaid Meters to all concessionaires , Government Agencies and Armed Forces to block leakages
• Commissioning of the new cargo Terminal at MMA Lagos and ObafemiJerimiahAwolowo international Airport Port-Harcourt
• Renovation and reopening of the E-Wing (Arrival and Departure) with world class convenience of Terminal 1, Murtala Mohammed International Airport, Lagos
• Installation of e-gates at Departure E Wing of Terminal 1 of MMA
• Received Airport Carbon Accreditation (ACA Level 2 reduction ) award from Airport Council International
• Re-Certification of MMA Lagos & NAIA Abuja and the On-going Certification Process for MAKIA, PHIA &AkanuIbiam International Airport

STAFF WELFARE

• Successfully conducted promotion exercise in January, hence no more notional promotion as staff are promoted as and when due
• Establishment of Dental, Eye, Cardiology, Endocrine, Urology, E.N.T and O&G clinics
• Review of work process for seamless processing and eradication of bottlenecks in work process for improved turnaround time/fast track/one-stop shop

HUMAN CAPITAL DEVELOPMENT

• Improved Human Capital Development for AVSEC Operations, through Continuous Training & Retraining: STPs, Specialized Packages, Certifications & EIMCs
• Automation and Continuous Training of the Performance Management System (PMS): DHR&A successfully automated the PMS, alongside ongoing training initiatives, enhancing employee performance tracking and ensuring alignment with organizational goals.
• Development of the Aerodrome Safety Basic Course in collaboration with the International Civil Aviation Organization (ICAO), DHR&A developed a comprehensive Aerodrome Safety Basic Course, which will be integrated into training programs for aviation professionals, setting a benchmark for future industry standards.

AIRPORT SECURITY AND PASSENGERS’ SAFETY

• Deployment of advanced security and maintenance equipment/Network and telecommunication upgrades
• Free Wi-Fi at airports for enhanced passengers’ experience
• Introduction of Canine Operations to enhance crowd control and protection of passengers
• Enhanced airport security standards and Improved passenger experience through automated processes
• Successful implementation of sustainable power solutions
• Enhanced Airport Security Communication by procurement and distribution of communication devices
• CAO approval of ASTC and its sustenance through, coordination of International licensed Programmes and generating Revenue through 3^rd Party Training Programmes
• Supply and Kitting of AVSEC Personnel with New Outfits
• Conduct of extensive Security Monitoring & Evaluation through Audits, Inspections & Surveys
• Elimination of cable theft and vandalism at MMA since August 2023 and constituting of Airport Security Joint Task Force
• Enhancement of host community relationship

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ORYMARTINS: Visionary Entrepreneur Driving Excellence and Global Impact in Property Management

Akinseloyin Oriola Martins (Ory-Martins) is an accomplished business leader and seasoned MBA professional with over 18 years of expertise spanning management, property consulting, real estate development. As the Group Managing Director of Boing Group, he oversees a diverse portfolio of six affiliate companies, driving innovation, operational excellence, and sustainable growth across the Real Estate Sector.

In addition to his role at Boing Group, Ory-Martins is the Principal Consultant at Inicreat PMA Ltd and the CEO, Nigerian Real Estate Partners (NREP), where he applies his visionary leadership and strategic acumen to deliver transformative real estate solutions.

As an influential thought leader in real estate, Mr. Martins hosts the widely acclaimed The Real Estate On Radio With Ory-Martins Show —a programme that has captivated millions of listeners across Nigeria for over eight years. He is celebrated for pioneering the groundbreaking “Abuja’s Million Dollar View” concept, showcasing the luxurious master-planned estates of Boing Group, including the iconic Rock Villa Estate—Abuja’s first solar-powered estate, situated in the prestigious Guzape, Abuja.

Beyond his corporate achievements, the Boing Group boss is a prominent advocate for professional excellence and community development. He serves as the Chairman, Real Estate Developers Association of Nigeria (REDAN), Rivers State Chapter and a distinguished faculty member at the Nigerian Institute of Management. His professional affiliations include being inaugurated as a Fellow of Institute of Management Consultants of Nigeria and Fellow, Nigerian Association of Technologists in Engineering (NATE), where he was recently recognized alongside esteemed leaders such as Governor Dikko Umaru Radda, PhD, and Rt. Hon. Inuwa Garba.

Ory-Martins’ influence extends internationally, with his recent induction into the Japanese Property Management Association, Tokyo, underscoring his commitment to global best practices. Furthermore, in recognition of his outstanding contributions, he has a long list of Recognitions and Awards by different organizations, including “African Real Estate CEO of the Year 2024” in Kigali, Rwanda; “Fellowship of the Nigerian Association of Technologists in Engineering”; “Award of Recognition” by the Nigerian Medical Association (NMA); “Award of Appreciation” by Journalism Educators Foundation; “Award of Merit” by the Nigerian Institute of Management; “Award of Excellence” by JCI Nigeria; “Award of Appreciation” by Women On A Mission; “Award of Recognition” by CoolWazobiaInfo, amongst others.

A Certified National Trainer (CNT) and graduate of the prestigious Head Trainer Course at the JCI Training Institute in the USA, he is also a JCI Senator and an esteemed member of the Institute of Chartered Mediators and Conciliators (ICMC). His proven leadership and dedication to innovation have cemented his reputation as a transformative force in real estate and beyond.

With a relentless passion for excellence, sustainability, and empowering communities, Ory-Martins remains at the forefront of advancing Nigeria’s real estate sector, inspiring industry stakeholders, and shaping the future of property management locally and globally. According tohim, “Ultimately, leadership is about impact, and true success is measured by the value you bring to your industry and society at large.”

Mr. Akinseloyin Oriola Martins (Ory-Martins) is one of The Guardian’s “100 Visionary And Transformative CEOs That Shaped Nigeria’s Economic Landscape In 2024”. While reacting tohis selection and recognition, the highly resourceful and renowned Real Estate guru spoke about his career journey and passion for excellence, the nexus between the strategic corporate vision of Boing Group and the milestones, and a call on government to unleash Nigeria’s economic potentials by focusing on infrastructural development, adherence to regulatory reforms, as well as creating access to finance. Excerpts …

Briefly tell us about what drives your career success.

My greatest passion has always been transforming the real estate landscape by creating sustainable and appreciable property solutions that add lasting value to investors. From the early stages of my business, I have been committed to redefining how people experience real estate.

I believe real estate is more than just buying and selling properties—it is about building communities, creating wealth, making people’s money work for themand making more through real estate investment and fostering economic growth. A clear demonstration of this passion is Boing Mega City, where we successfully sold plots that can accommodate 10,000 housing units. Beyond that, I take immense pride in spearheading projects that reshape the narrative of real estate investment, such as our Abuja’s Million Dollar View Project, Guzape—a once-rejected, rocky terrain that we transformed into a master-planned estate, now attracting premium investors.

Similarly, I am passionate about the joy and satisfaction that comes from our clients-landlords when they see once bare land transformed into serene dwelling place.

How would you describe the nexus between the strategic corporate vision of Boing Group and the milestones the organization has accomplished in recent years?

At Boing Group, our vision is clear: to be the major provider of modern and luxury estates through innovation and creativity. Every milestone we have achieved reinforces our commitment to this goal. Our strategy is deeply rooted in identifying and unlocking value in untapped or undervalued real estate spaces, ensuring our developments align with market demand and long-term sustainability. We are creative and innovative in our designs, as well as in our delivery and finishing. This also goes for how we position all our estates, including those we set aside for long term investment, otherwise known as land banking. We have a penchant for discerning the best locations for our estates

For example, our Abuja’s Million Dollar View Project, Guzape was a bold step in redefining possibility. Initially dismissed as unbuildable and uninhabitable, the rocky landscape was seen as unsuitable for real estate development. However, we saw beyond its challenges, and through meticulous planning, engineering expertise, and a deep commitment to do our best, we transformed the site into a prime luxury estate now attracting the elite in the society.  This success, coupled with our consistent ability to identify high-value real estate opportunities, has positioned us as a trusted and forward-thinking real estate company.

Can you tell us more about Boing Group’s product offerings, its competitive advantage, and how it has earned the trust of both clients and shareholders?

Boing Group focuses on real estate development and value creation in real estate space, offering Land Banking options, Buy & Build Solutions, and Cash Flow Real Estate Investments designed to help clients generate wealth through real estate. Our competitive advantage lies in our ability to integrate technology, operational efficiency, and strategic partnerships to deliver unparalleled value to our clients.

Our growth trajectory has been defined by our ability to think ahead, identify high-potential locations, and create tailored solutions that cater to various market segments. From luxury estates to housing projects and cash flow investments, our diverse offerings ensure that we meet the needs of investors across all levels.

We have earned the trust of both clients and shareholders through transparency, consistency, and a strong track record of delivering on our promises. Projects such as Boing Mega City(BMC), Abuja’s Million Dollar View(AMDV) and Lakeview Estate to mention a few, stand as proof to our reliability and expertise. By continuously innovating and exceeding expectations, we have positioned Boing Group as a brand that prioritizes value creation, sustainability, and long-term client satisfaction.

Apart from integrity, what other unique attributes define the Boing Group brand in terms of innovation, target clientele, the industry, and the Nigerian economy as a whole?

At Boing Group, Client Satisfaction on Investment is at the core of our business. Beyond integrity, we are defined by our ability to anticipate market shifts and proactively develop solutions that provide our clients with speedy returns on investment and satisfaction. Our clientele spans across local and international investors, high-net-worth individuals, and everyday Nigerians seeking wealth-building opportunities through real estate investment.

As a key player in the Nigerian Real Estate Industry, we contribute significantly to the economy by fostering employment, supporting local supply chains and empowering investors through wealth-building opportunities. Our ability to develop real estate solutions even in challenging locations—such as Port Harcourt, Rivers State, where land grabbing issues persist—further highlights our commitment to overcoming industry obstacles and delivering sustainable developments.

Additionally, our Corporate Social Responsibility (CSR) initiatives, including healthcare support where we partnered with the NMA to provide medical care to over 1,000 community members, spanning surgeries, eye care, dental care to general wellness. We also engage in some critical community development interventions by providing transformers to aid electricity supply and some road maintenance/construction. We have donated drones to security agencies in order to assist their fight against criminality. We have sponsored some scholarships, as part of our contribution to education. All these reinforce our dedication to national progress and societal well-being.

What would you consider as the toughest decision you have ever made and the lessons learned?

One of the toughest decisions I have ever made was venturing into real estate after experiencing the industry’s challenges firsthand. Earlier in my life, I had bought land and lost it at two consecutive times, and I felt that if I could loose two properties twice in a row due to land racketeering, it simply means a lot of people would have had similar experiences, also. So, I challenged myself to venture into the real estate industry and change the narrative of people buying properties and unable to take possession of it, afterwards. This would be the beginning of what brought about Boing Luxury Estates, that is today, the Boing Group. Starting a business in a sector where I had no prior experience was daunting, but my desire to make a difference pushed me forward.

The journey came with mistakes, setbacks, and valuable lessons. However, I learned that resilience, data-driven decision-making, and a commitment to excellence are crucial for success. Every challenge presents an opportunity for growth, and overcoming those obstacles has been instrumental in shaping both my leadership and Boing Group’s trajectory.

Another tough decision I made was embarking on a real estate project in an area widely considered unbuildable, uninhabitable and unsellable—the now-renowned Abuja’s Million Dollar View Project in Guzape. Initially tagged as a rejected and rocky terrain, many industry experts believed the area was unsuitable for development. However, I saw the potential and took the risk, turning it into a master piece, a world class residential estate now. Today, it stands as one of the most sought-after locations for premium real estate.

Similarly, despite the challenges posed by land grabbing, youth unrest, community agitation, lack of basic amenities and infrastructure, double allocation, we have been able to resolve so many disputes, some of which are even generational and continued to develop and provide real estate solutions, maintaining a very open relationship with host communities and other stakeholders, proving that believing that anything can be done is the first step to overcoming even the most daunting obstacles. We have also built over 10 kilometres of roads leading to our various project sites.

Given the prevailing economic situation in Nigeria, what steps should government take to address inherent challenges to fast-track national development and economic emancipating for the downtrodden?

The Nigerian economy holds immense potential, but unlocking it requires targeted policies that foster a business-friendly environment. Government should focus on infrastructural development such as improving power supply and road networks to enhance business operations and attract investments.

Also, there must be adherence to regulatory reforms by simplifying bureaucratic processes to encourage both local and foreign investments in real estate. Furthermore, Nigerian businesses need access to finance by creating more avenues for enterprises to access credit and scale their operations. Same goes for human capital development by investing heavily in education and vocational training programs to build a highly skilled workforce.

Lastly, affordable housing must be provided. Shelter is a fundamental human need, and the government must play an active role in making homeownership accessible. Implementing policies that support private-sector-led affordable housing initiatives and offering incentives for developers will be crucial in addressing Nigeria’s housing deficit. An example would be that developers must not be allowed to buy landed property from “black market”. All land administrators in Nigeria should, as a matter of importance, make landed property available for developers with basic infrastructure to encourage development.

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How visionary leadership helps BAS Group redefine Nigeria’s financial ecosystem, shaping the future of finance, enterprise, by Hussein

Abdulateef Hussein is a visionary leader with extensive experience across Investment Banking, Microfinance, Insurance, and Consulting. His career began at Solina Group as a management consultant before transitioning into investment banking at Blackbit Limited, Axe Capital, and Globalview Capital Limited.

In 2019, he joined Mutual Trust Microfinance Bank as Manager II, Corporate Finance & Strategy, where he played a pivotal role in securing the bank’s first N1billion three-year bond. His strategic leadership in disbursement planning propelled the bank’s balance sheet to N5 billion by 2020.

Abdulateef’s expertise in financial turnaround strategies led him to Egwafin Microfinance Bank in 2021 as Chief Operating Officer, where he spearheaded transformative initiatives before being appointed Acting Managing Director.

Currently serving as the Group Chief Executive Officer, BAS Group, he is at the helm of a rapidly-expanding conglomerate spanning financial advisory, wealth management, insurance and technology. Under his leadership, BAS Group has positioned itself as a key player in Nigeria’s economic landscape, driving innovation, financial inclusion, sustainable growth.

With a Bachelor’s degree in Economics, Banking, and Finance from Eastern Mediterranean University, Cyprus, Abdulateef is a Chartered Microfinance Banker and a SEC-sponsored professional, who is pursuing an MBA at the Lagos Business School to further strengthen his expertise in corporate strategy and financial management. It is noteworthy that through his leadership, BAS Group continues to redefine Nigeria’s financial ecosystem, shaping the future of finance and enterprise.

BAS Group, tagged “The Financial Network for You”,  is a leading provider of financial and technology-driven solutions dedicated to empowering individuals and businesses with expert guidance and innovative services. Building on its firm foundation in Financial Advisory, Wealth Management, Insurance, and Technology, BAS Group commits to helping clients make informed financial decisions, build sustainable wealth, and safeguard their future.

BAS Group’s mission centers on a drive for excellence, combining extensive industry experience with advanced technology to provide customized solutions. Whether through strategic investment advisory, comprehensive wealth management, tailored insurance plans, or advanced tech solutions, BAS Group is redefining financial empowerment in a fast-evolving landscape.

Through a customer-first approach and a commitment to innovation, BAS Group continues to set new industry standards, ensuring financial security and growth for its diverse clientele.

HISTORY AND EVOLUTION OF BAS GROUP

BAS Group was founded on May 29, 2020 by a team of seasoned financial experts with a singular vision—“To bridge financial gaps and create inclusive, sustainable wealth”. The firm began as a boutique financial advisory service, offering business strategy, SME advisory, investment solutions, and valuation services.

What sets BAS apart was its commitment to accessibility and tailored solutions. While traditional financial institutions catered to the elite, BAS Group focused on designing scalable, impact-driven solutions for entrepreneurs, businesses, and underserved markets. As its reputation grew, so did the demand for more holistic financial services. Clients were not just looking for advice – they needed a trusted partner to navigate complex financial landscapes.

Having recognised the growing needs of businesses and individuals, BAS Group embarked on a strategic transformationbyexpanding beyond financial advisory into banking, insurance, and asset management. Today, the firm is strengthening into a fully integrated financial ecosystem, consolidating its subsidiaries under a unified structure with a portfolio spanBanking & Microfinance, Insurance, Asset Management, Technology.

With a firm commitment to innovation, financial inclusion, and sustainable impact, BAS Group is no longer just a financial services provider—it is a catalyst for economic transformation. As BAS Group continues to grow, it remains steadfast in its mission: “To empower businesses, individuals, and communities by making world-class financial services accessible, transparent, and technology-driven”.

GROUP STRUCTURE AND SUBSIDIARIES

BAS Capital:As a key part of the BAS Group ecosystem, BAS Capital is a leading investment firm that provides smart financial solutions. We help businesses, governments, and high-net-worth individuals reach their financial goals with confidence. Committed to excellence, integrity, and creating real value, we operate across global markets, using innovation and expertise to drive success.

BAS Wealth:As a foundational part of the BAS Group ecosystem, BAS Wealth provides customized wealth management solutions to ensure financial stability and long-term growth. Built on integrity, trust, and personalized service, we help individuals, families, and businesses manage, grow, and pass on their wealth with confidence.

Our focus is on building strong client relationships and creating tailored strategies that fit their unique goals. With BAS Wealth, you get expert guidance and innovative solutions to help you achieve lasting financial success.

BAS Technologies:This is a key part of the BAS Group ecosystem, leading the way in solving connectivity and infrastructure challenges across Africa. Our mission is to transform the digital landscape with innovative, high-performance internet solutions that connect individuals, businesses, and institutions. We offer seamless tech solutions designed to drive growth, enhance connectivity, and support development.

BAS Financial Services:At BAS Financial Services Limited, we understand the need for financial solutions that align with your goals and values. As a core part of the BAS Group ecosystem, we dedicate ourselves to providing ethical and Shariah-compliant investment and financing options for individuals, businesses, and institutions.

Our range of financial products is designed to promote sustainable growth while upholding the highest ethical standards and Islamic principles. Whether you’re seeking value-driven investment opportunities or financing solutions that respect your beliefs, BAS Financial Services offers the guidance and expertise to help you navigate the financial world with confidence.

ALLY Healthcare:ALLY Healthcare provides affordable and reliable healthcare, giving individuals, families, and organizations access to quality medical care across Nigeria. Focusing strongly on managed care, we design our services to promote wellness, prevent illness, and ensure a healthier future for all. We are using advanced technology and working with partners to improve healthcare, making it easier and better for everyone.

ALLY Microinsurance:We provide innovative and hassle-free insurance solutions, offering everything from auto and health coverage to customized micro-insurance plans. Our brokerage services ensure individuals and businesses have access to comprehensive, reliable, and accessible protection, making insurance simpler and more effective for everyone.

BAS Shared Services:BAS Shared Services delivers centralized support across the group’s subsidiaries, enhancing operational efficiency and optimizing resources. By managing key functions such as HR, IT, and finance, we enable each subsidiary to focus on its core objectives while benefiting from a seamless and integrated support system

 

SULEIMAN YUSUF: Quintessential Energy Expert, Pioneering Nigeria’s Renewable Energy Revolution, Delivering Cutting-edge, Eco-friendly Power Solutions

In the ever-evolving landscape of Nigeria’s energy sector, one name stands out for pioneering a solar revolution that is reshaping industries and communities alike—Suleiman Yusuf, the Founder and ChiefExecutive Officer, Blue Camel Energy Limited. With an unwavering commitment to sustainability, energy access, and job creation, Yusuf has positioned Blue Camel Energy as a trailblazer in Nigeria’s renewable energy sector, delivering cutting-edge, cost-efficient, and eco-friendly power solutions.

Founded with a vision to drive Nigeria towards energy self-sufficiency, Blue Camel Energy has deployed solar-powered solutions across diverse sectors, from rural electrification to Commercial and Industrial Solutions. Over the years, the company has delivered power solutions to more than 3,000 households, built Nigeria’s first fully off-grid solar-powered apartment in Abuja, and mini grids to power market and commercial spaces, developed products like solar-powered kiosks aimed at increasing financial inclusion in rural areas.

Beyond infrastructure, Yusuf’s leadership extends to building human capital for the sector. Blue Camel Energy’s Training Centre in Kaduna has trained over 280 engineers in solar technology and energy solutions, creating a new generation of skilled professionals dedicated to renewable energy. The company has also impacted young minds, hosting summer classes for secondary school students in Kaduna and Abuja to educate them on climate change and renewable energy adoption.

Blue Camel Energy’s growing influence has seen it collaborate with global and local energy stakeholders, including UNDP, Oxfam International, GIZ, FHI360, REA, the Energy Commission of Nigeria, and leading financial institutions like Sterling Bank, Alternative Bank and Jaiz Bank. This expansive network of partnerships underscores the company’s credibility and impact in the sector.

Under Yusuf’s leadership, Blue Camel Energy remains steadfast in driving Nigeria towards a future powered by clean, affordable, and sustainable energy. With a clear alignment to the UN Sustainable Development Goals (SDGs) and Nigeria’s Nationally Determined Contributions (NDCs) to reducing carbon emissions, the company continues to champion the transition to renewable energy as both a necessity and an opportunity for economic growth.

As Nigeria’s renewable energy space gains momentum, Suleiman Yusuf’s vision and execution stand as a beacon of innovation and impact. His work is not just about powering homes and industries—it is about powering a sustainable future for generations to come.

While reacting to his Selection and Recognition by The Guardianas one of the “100 Visionary and Transformative CEOs That Shaped Nigeria’s Economic Landscape In 2024”, Mr. Suleiman Yusuf gave an insight into his professional background, career journey, the strategic corporate vision of Blue Camel Energy Limited, the milestones the company has achieved, especially, its expansive and functional network of partnerships across the globe, building human capital and the impact in the sector, as well as the nation’s economy as a whole,amongst sundry issues. Excerpts ….

What would you describe as the greatest passion that has brought you this far in yourcareer?

My greatest passion is driving sustainable energy solutions that empower businesses, communities, and individuals. From the onset of my career, I have been committed to addressing Nigeria’s energy challenges by developing innovative, clean, and accessible power solutions. Seeing the tangible impact of renewable energy in transforming lives and industries fuels my drive to push further.

How would you describe the nexus between the strategic corporate vision of Blue Camel Energy Limited and the milestones that the organisation has accomplished in recent years, considering the prevailing harsh economic environment vis-à-vis the inflationary rise in costs of goods/services and business operations?

Blue Camel Energy Limited was founded on a vision to bridge Nigeria’s energy gap through renewable and sustainable power solutions. Despite economic turbulence, rising inflation, and a volatile business climate, we have remained steadfast in our mission by adopting a resilient, adaptive, and innovative approach. We have invested in cutting-edge technologies like our All in one Solar streetlight, solar water heaters, driving energy efficiency through Smart Home systems, expanded our solar infrastructure projects, and forged strategic partnerships to ensure cost-efficient, setting up an accredited renewable energy training center and assembly line. Our ability to optimize resources, localize components, and deploy energy-efficient solutions has helped us navigate economic constraints while continuing to deliver value to clients.

Can you give us an insight into the Blue Camel Energy Limited’s product/services offerings, its cutting-edge advantage, growth trajectory, especially in the area of expansive and functional network of partnerships with diverse institutions across the globe, building human capital and the impact in the sector?

Blue Camel Energy specializes in solar power solutions for Both Residential and C&I, electric mobility infrastructure and Build, Own, Operate, and Transfer (BOOT) renewable energy projects under a Power Purchase Agreement (PPA). Our cutting-edge advantage lies in our ability to provide customized, scalable, and technology-driven energy solutions. We have built a strong global and local network of partnerships with financial institutions such as Bank of Industry (BOI), The Alternative Bank, Sterling Bank, State Governments and policy stakeholders. Our collaboration with training institutes like COREN has also helped us in developing human capital within the renewable energy sector, ensuring that Nigeria benefits from a skilled workforce in renewable energy. The impact of our work is evident in our successful deployment of sustainable energy projects across various sectors, from markets and commercial hubs to educational institutions and industrial complexes.

Apart from Integrity, what other unique attributes can you say about the Blue Camel Energy brand in terms of innovation, the renewable energy industry, the Nigerian economy, and how the company has been able to earn the trust of both clients and shareholders?

Beyond integrity, innovation, sustainability, and customer-centric solutions define Blue Camel Energy. We are at the forefront of introducing smart energy solutions, incorporating IoT-enabled monitoring and hybrid solar systems. Our commitment to providing reliable and efficient energy alternatives has helped us gain the trust of clients and investors. Furthermore, our Build, Own, Operate, and Transfer (BOOT) model allows businesses to transition into

renewable energy with minimal risk, reinforcing confidence in our brand.

What would you consider as the toughest decision that you ever made and the lesson(s) learnt in your career journey?

One of the toughest decisions I ever made was to pivot Blue Camel Energy’s business model from solely solar installations to a comprehensive energy-as-a-service approach, including energy financing and management. It required significant investment, restructuring, and risk-taking, but it ultimately positioned us as an industry leader. The key lesson learned was that adaptability and strategic foresight are crucial in a dynamic business environment.

As a key practitioner and stakeholder in the Nigerian private sector, what steps do you think government needs to take to address obvious challenges in the nation’s economy in order to fast-track economic development and wealth creation for the nation?

To accelerate economic growth and wealth creation, the Nigerian government should prioritize energy infrastructure investment, particularly in renewable energy, to reduce dependence on fossil fuels and boost industrial productivity. Similarly, government must implement favorable policies and incentives for clean energy adoption, including strengthening existing policies on tax breaks and subsidies for solar power projects, as well as facilitate public-private partnerships (PPPs) to drive large-scale energy projects and unlock financing for renewable energy expansion. Financial regulators should find ways to hedge climate finance funds that are readily available to private companies like ours.

Furthermore, there must be investment in technical education and workforce development to build local expertise in

emerging industries like renewable energy and sustainable transport, as well as strengthening policies in enforcing contract obligations by State Government and agencies of government especially in payment terms. Lastly, concerted effort should be made to strengthen the Ease of Doineen Energy Sector.

 

Why First Fortune Global Energy remains a distinguished leader in Oil and Gas, creating innovative solutions, thriving on excellent customer experience, by Onini

Dr. Godwin Onini (Hon), Managing Director/CEO, First Fortune Global Energy Company Limited, is an experienced and astute management professional with a strong background in Oil & Gas Downstream Sector’s contracts and commercial services, management in Maritime Services and Logistics, as well as extensive and global work experience across multiple functions and value chains.

Dr. Onini holds Honorary Doctorate conferment awards on leadership and conflict management by America management university, BA. in History and International Studies from Lagos State University (LASU) and a master’s degree in Transport and Shipping.  His remarkable 30-year career includes serving as the Managing Director of Eurowaf Shipping Line Services Ltd, where he revitalized the organization from a start to a major player in the West African maritime industry. He has also made significant contributions to the real estate sector as well as the travel and tours services extensively (Travelpro and Tour Ltd.) and First Fortune Global Energy Co. Ltd, a leading, oriented driven oil and gas company.

Throughout his career, Dr. Onini has participated in extensive corporate leadership training programs at prestigious institutions, including Harvard Business School. He brings invaluable experience in working with culturally diverse teams and collaborating closely with petroleum entities. Additionally, he has attended numerous executive short courses at various institutes both locally and internationally. In recognition of his outstanding contributions, Dr. Onini was honored as the InternationalPeace awards for excellence in business and community development “Peace Ambassador “.

Incorporated on 18^th July, 2007, First Fortune Global Energy Company Limited, an indigenous Oil Marketing and Trading Company, is renowned for importation, warehousing /storage and local distribution of massive volumes of petroleum products in Nigeria. Over the years, the company has been armed with a sizeable fleet of motorized tanker trucks that has placed it strategically to maximize the potential in the retail outlets network in the country.

Since its inception, First Fortune Global Energy’s contribution to the Nigeria’s Oil and Gas Sector has placed it in a unique position and quadrupled its market share through extensive logistics and hydrocarbon storage capacity of over 60 million liters making it possible for the company to supply petroleum products to various and diverse customers across Nigeria.

With storage facility located at Obitugbo, Koko Road, Delta State and a number of retail outlets situated all over Nigeria, First Fortune Global Energy has excelled in effective distribution of petroleum products to meet the ever-rising demand of the Nigerian market/populace. Being a company based on technical expertise and versatility, the company’s business strategy lies at the heart of all its value-driven operations and customer satisfaction.

In line with its Vision “to be the remarkable leading company in the Oil & Gas Industry” and the Mission “to provide energy products and services in an efficient and sustainable manner while creating superior value for all stakeholders”, First Fortune Global Energy has never deviated from its Core Values of Integrity, Safety, Teamwork, Respect, Professionalism and Accountability.

For its terminals and storage, a 60-million liters capacity multi-product ultra-modern depot in Obitugbo, Koko, Delta State, is centrally located and easily accessible by retailers from the North, East, West and South-South regions of Nigeria. While First Fortune Global Energy purchases its Premium Motor Spirit (PMS) product from local refineries and import other products from reputable off-shore suppliers under the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) scheme, the company ensures availability and maintains customer’s satisfaction, at all cost. Other products are Automotive Gas oil (AGO), Dual Purpose Kerosene (DPK), and Aviation Turbine Kerosene (ATK).

In the area of Shipping, First Fortune Global Energy Co. Limited is partnering with one of its sister company Stargate Logistics Limited which is a leading logistics company in the Nigerian Shipping Industry. Its Shipping and Chartering Desk is closely integrated into other business models, providing freight services to the company’s trading teams, internally, and also chartering on spot basis thereby making First Fortune Global Energy Limited one of the largest spot charterers of vessels. It has also partnered with international shipping liners, for a highly efficient service deliver y in line with the best global practices.

Furthermore, in Warehousing/Storage Facility, First Fortune Global Energy’s 60,000,000liters storage capacity units in Koko, Delta State are available for hire, through Throughput Agreement. This is done with the reassurance that the client’s products are in safe hands with a state-of-the-art security facility that possesses a round-the-clock surveillance systems which gives peace of mind.

Stargate Logistics Limited, the sister company of First Fortune Global Energy Company Limited ensures that logistics needs are covered. Thus, for supply and distribution of AGO, DPK, PMS, Jet A1, LPFO, Base Oil, to any offshore location or on land sites are efficient and timely.

Leveraging on our technical skilled team and industry-experienced personnel, First Fortune Global Energy’s Commercial Sales Team provides long-lasting energy solutions to customers desiring quality products at affordable prices. The Commercial Sales team ensures the swift haulage of petroleum products to multiple customer locations from its strategically located bulk storage facilities.

According to Dr. Onini, “First Fortune Global Energy Company Limited has a team of excellent professionals that you can consult and collaborate with for best output in trading, warehousing and supply. We take pride in the reputation we have built with our clients over the years. Our corporate structure is dynamic. The management team thrives to provide strategies and innovations to drive the staff to meet our customers’ needs. The hallmark of First Fortune Global Energy’s business activity centers on customer service. This has a nexus with our corporate strategic decision making which focuses on looking across all other competitive firm’s businesses to determine how to create a more sustainable value. Our strength is in innovation, creative thinking and client satisfaction.

On HSE Policy, we are committed to protecting the environment and the lives of the people in the community we operate as we strive to drive our business with operational excellence in a safe environment. We have a system of continuous environmental improvement processes and strategies installed at our terminal with the aim of reduce environmental hazards. At First Fortune Global Energy, we are focused on the highest standards of safety and to minimize as much as possible, the impact of our operations on the environment.”

On his selection and recognition as one of “100 Visionary and Transformative CEOs That Shaped Nigeria’s Economic Landscape In 2024” by The Guardian, ,Dr. Godwin Onini spoke on his career, journey First Fortune Global Energy Company Limited’s strategic corporate vision and milestones, diverse products portfolio, commitment to quality and excellence. He also urged the government to embrace strategic initiatives to tackle the prevailing economic instability. Excerpts …

Greatest Passion, Journey to Success

My greatest passion has always been -service- serving people, communities, and industries through innovative solutions and reliable energy delivery. Over my 30-year career, I have been driven by the desire to create value, solve problems, and contribute to economic growth. This passion has been the foundation of First Fortune’s journey, from Shipping to Oil and Gas trading, and now into renewable energy and sustainable tech-driven solutions. The ability to adapt, innovate, and meet the evolving needs of our customers has been my guidance.

First Fortune Global Energy’s Strategic Corporate Vision and Milestones

The strategic corporate vision of First Fortune is to be a distinguished leader in the Oil and Gas Industry, known for excellent customer experience and innovative solutions. Despite the harsh economic environment and inflationary pressures, we have achieved significant milestones by focusing on operational efficiency, competitive pricing, and strategic partnerships. For instance, our ability to source products locally from the Refinery has allowed us to maintain cost-effectiveness and quality. Additionally, our foray into renewable energy and sustainable practices has positioned us as a forward-thinking company. These achievements align with our vision of delivering reliable and sustainable energy products while creating long-term value for stakeholders, even in challenging economic conditions.

An Insight Into First Fortune Global Energy’s Product/Services, Growth Trajectory, Cutting-Edge Advantage, Human Capital Development, Impacting Nigeria’s Oil Gas Sector

First Fortune offers a diverse portfolio of products, including Gasoline, Gas oil, Jet Fuel, Fuel oil, and Liquefied Natural Gas (LNG). Our cutting-edge advantage lies in our ability to source high-quality products directly from Refineries within and outside Nigeria, ensuring competitive pricing and reliability. We are also investing in renewable energy and sustainable solutions, such as hydrogen, to reduce emissions and promote eco-friendly practices.

Our growth trajectory is fueled by strategic partnerships with local vendors and supply chain companies, which enable efficient distribution and market penetration. We prioritize human capital development by investing in talent retention and leadership training, ensuring our team is equipped to drive innovation and operational excellence. Our impact in the sector is evident through our commitment to sustainability, customer trust, and contributions to Nigeria’s energy security

Integrity, Innovation, Clients/Shareholders’ Trust – Hallmark of First Fortune Global Energy

Beyond integrity, First Fortune is known for its innovation, sustainability, and customer-centric approach. In the energy industry, we stand out for our adoption of tech-driven solutions like hydrogen and our focus on low-carbon intensity products. These innovations align with global trends and demonstrate our commitment to environmental responsibility.

In the Nigerian economy, we have played a pivotal role in ensuring the availability of high-quality petroleum products, supporting industrialization, and creating employment opportunities. Our ability to earn the trust of clients and shareholders stems from our transparency, reliability, and consistent delivery of value. We prioritize ethical practices, competitive pricing, and sustainable operations, which have solidified our reputation as a trusted partner in the energy sector.

Lessons Learnt from Toughest Career Decision

One of the toughest decisions I made was integrating/merging shipping to oil and gas trading and later venturing into renewable energy. This required significant investment, risk-taking, and a shift in organizational focus. However, it taught me the importance of adaptability and foresight in business. I learned that staying ahead of industry trends and embracing innovation are critical for long-term success. Additionally, this decision reinforced the value of strategic partnerships and customer trust in driving growth and overcoming challenges.

Government Must Respond To Challenges, Urgent Need To Fast-track Economic Development

In my opinion, to address Nigeria’s economic challenges, the government, especially the sub-national government should focus on strategic initiatives such as:

• Investment in critical infrastructure: Prioritizing power, transportation, and digital connectivity, to support industrialization and economic growth.
• Economic Diversification: Reducing reliance on oil and promoting key sectors like agriculture, manufacturing, and renewable energy.
• Inflation Control: Implementing policies to stabilize the currency, reduce inflation, and create a conducive environment for businesses to thrive.
• Support for SMEs: Enhancing access to affordable financing and capacity-building programs for small and medium-sized enterprises, which are the backbone of the economy.
• Sustainable Practices: Encouraging eco-friendly initiatives and waste management systems to protect the environment and promote sustainable development.
• Policy Stability: Ensuring consistent and transparent policies that foster private sector investment and reduce regulatory bottlenecks.

By addressing these areas, the government can create an enabling environment for businesses to thrive, drive economic development, and generate wealth for the nation.

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“We’re shaping the future of Nigeria’s Cocoa Industry, promoting efficiency, value-added production, sustainable practices” Caroline Omotosho

Caroline Olawumi Omotosho, the Managing Director of Johnvents Industries Limited, is a Salesand Marketing Leader, an Agency Banking Specialist, Business Management Strategist, as well as a Food Supply Chain/Cocoa Processing and Export Specialist. Caroline knows firsthand the challenges and triumphs of navigating a leadership role in a traditionally male-dominated industry. Her unwavering determination and commitment to excellence have propelled Johnvents Industries to new heights.

Based on her years of industry experience and knowledge of Nigeria’s business environment, Caroline emphasizes Johnvents’ commitment to building a sustainable and deforestation-free cocoa supply chain. According toher, “By safeguarding the integrity of our supply chain, Johnvents Group is not only setting a new industry standard but also reinforcing our role as a responsible corporate citizen dedicated to the well-being of the planet and future generations.”

The journey of JohnventsIndustries began with the strategic acquisition of a once-defunct cocoa processing plant in Akure, Ondo State, with a capacity of 15,000 metric tonnes. Recognising the untapped potential within Nigeria’s cocoa sector, Johnvents invested heavily in revitalising the facility, upgrading its infrastructure, and implementing innovative processing techniques.

The plant resumed operations in 2021 and swiftly became a leading exporter of cocoa derivatives, shipping thousands of tonnes to international buyers who demand the highest quality standards. Johnvents Industries is one of Nigeria’s largest cocoa processing companies, supplying premium-quality cocoa derivatives to global markets.

With a world-class facility and commitment to sustainability, the company plays a pivotal role in Nigeria’s cocoa value chain, transforming raw cocoa beans into high-value products such as cocoa liquor, butter, cake, and powder. These products are exported to key markets across Europe and North America, consolidating Nigeria’s status as a significant player in the global cocoa industry.

Johnvents Industries is deeply invested in cocoa farmers’ livelihoods and the long-term sustainability of cocoa farming in Nigeria. The company’s sustainability and empowerment initiative aims to transform the lives of 150,000 cocoa farmers across 300,000 hectares of farmland. Through this program, Johnvents supports cocoa rehabilitation, regeneration, and replanting, ensuring that Nigeria remains a competitive force in the global cocoa market for generations to come.

Johnvents Industries is certified by the Rainforest Alliance, emphasizing its commitment to ethical sourcing and responsible cocoa production.

Caroline OlawumiOmotoshois one of the selected exceptional men and women that has been recognized byThe Guardianfor their out-of-the-box ingenuity, total quality management practices, effective solutions in achieving set goals, uncommon resourcefulness, unwavering commitment to innovation, transformative accomplishments, sectoral expertise and leadership.

Describing what drove hercareer advancement, Caroline said her greatest passion has always been nurturing growth in people, communities, and the land itself. In her words, “For me, growth goes beyond just productivity or numbers; it is about creating environments where people can thrive, ideas can take root, and impact is both meaningful and lasting. Agriculture is a powerful vehicle for this kind of transformation, where opportunity meets impact. I am especially driven by the desire to see more women participate in sectors traditionally seen as inaccessible and support initiatives that improve rural livelihoods. I believe even the smallest actions can ignite meaningful change.”

While speaking on the nexus between the strategic corporate vision of Johnvents Industries Limited and the milestones the organization has accomplished in recent years, the Cocoa Industry expert noted that “At Johnvents Industries Limited, our vision is to be a leading global agribusiness driving agricultural transformation and economic development. We see ourselves not just as a cocoa company but as a catalyst for broader social, economic, and environmental impact. From the beginning, our strategy has focused on driving long-term, sustainable growth throughout the agricultural value chain, from production and processing to manufacturing and global trade.

One way we bring that vision to life is through our sourcing model. We work directly with Licensed Buying Agents (LBAs) connected to well-established, verifiable farmer networks. This allows us to ensure full traceability, promote ethical sourcing practices, and, most importantly, strengthen livelihoods at the grassroots level.

We are also proud of what we have built, regarding infrastructure and capacity. Our fully automated, state-of-the-art cocoa processing facility, one of the largest in Nigeria — operates at 98% efficiency. Today, it consistently delivers high-quality derivatives like cocoa butter, cake, and powder, helping us move steadily toward capturing over 40% of Nigeria’s cocoa processing market.

However, beyond the numbers and production output, our people-centered approach truly defines our progress. A standout milestone is our ambitious farmer empowerment program, which aims to support 150,000 farmers across 300,000 hectares of land over the next five to ten years. This initiative is not just about boosting productivity; it’s about regenerating farmlands, introducing improved seedlings, and enabling farmers to adopt climate-smart agricultural practices that ensure long-term ecological balance and economic resilience.”

Giving an insight into Johnvents Industries Limited’s product offerings, its cutting-edge advantage, growth trajectory, and how the company has been able to earn the trust of both clients and shareholders,Caroline informed that “Johnvents Industries Limited is an 18,000MT state-of-the-art cocoa processing plant – one of Nigeria’s most advanced and fully integrated facilities. We transform premium cocoa beans into high-quality products such as cocoa butter, cocoa cake, cocoa liquor, and cocoa powder. What sets us apart is our strong focus on integration and innovation. Through backward integration, we work directly with farmers and Licensed Buying Agents (LBAs) to ensure a steady and high-quality supply of cocoa beans. We are targeting 48,000 metric tonnes of cocoa beans annually within the next five years.”

She added that “Johnvents Industries follow global sustainability standards and have obtained international certifications that help improve our products’ quality and market acceptance. We also use technology to improve our work. With SAP systems and digital platforms, we have streamlined operations, improved logistics management, and enhanced financial transactions and supply chain processes. Strong partnerships with local and international vendors support our business growth. These collaborations help us reach new markets and strengthen our value chain. Similarly, we continue to explore new sales channels, engage in outreach efforts, and keep our pricing competitive to stay attractive to customers.

Lastly, our commitment to farmer empowerment remains a key differentiator. We believe a thriving cocoa industry begins with well-supported farmers. Our Nourished Crop, Better Farmer programme goes beyond training, we invest in quality inputs, financial inclusion, and community development. By strengthening the foundation at the grassroots, we enable lasting growth across the entire value chain.”

She stressed that beyond integrity, what truly definesJohnvents Industries brandis the company’s focus on innovation, inclusion, and long-term impact. She spoke further “We continuously enhance our operations across the cocoa value chain using modern systems like SAP and digital traceability tools that track products from farm to market. Our clientele includes international buyers who prioritize quality, ethical sourcing, and dependable service. We deliver consistent, high-grade cocoa derivatives such as cocoa butter, cocoa cake, cocoa liquor, and cocoa powder to manufacturers, distributors, and end consumers across diverse markets.

At the industry level, we are shaping the future of Nigeria’s cocoa sector by promoting efficiency, value-added production, and sustainable practices. These efforts drive job creation, rural development, and export expansion, ultimately contributing to broader economic growth.”

On the toughest decision that she ever made and the lessons learnt, theJohnvents Industries boss disclosed that

“One of my most challenging decisions was transitioning from financial services to agribusiness. It wasn’t an easy shift. I had to learn a completely new industry, adapt to unfamiliar market dynamics, and build credibility in a relatively new space. But that decision has turned out to be one of the most rewarding. The biggest lesson I learned is that growth often lies outside your comfort zone. Taking calculated risks, staying open to learning, and surrounding yourself with the right team can help you navigate any challenge.”

As a key practitioner and stakeholder in the Nigerian private sector, she urged government at all levels to address obvious challenges across the country to fast-track economic development and drive wealth creation. She urged “Government must take a more strategic, practical approach to addressing structural challenges in the private sector. First, bycreating a stable, business-friendly environment is essential. This means ensuring policy consistency, reducing regulatory bottlenecks, and improving access to affordable financing, especially for SMEs that form the backbone of the economy. Infrastructure development is also critical. Investments in roads, power, and logistics will support key sectors like agriculture, manufacturing, and trade while reducing business costs.”

“Similarly, Government must promote value addition and local production. Supporting agro-processing and backward integration will reduce dependence on raw exports and help build more substantial domestic industries that create jobs and retain value locally.

Finally, deeper collaboration between government and the private sector is vital. Practical, scalable solutions can only emerge through genuine partnerships. Nigeria can build a more inclusive and prosperous economy with the right policies and shared commitment”, she concluded.

 

ABISOYE COKER-ODUSOTE:Quintessential Master Strategist, Putting Nigeria At the Forefront of Information Security, Data Protection Standards

Engr. (Dr.) Abisoye Coker-Odusote – a visionary leader,is a trailblazing expert with an illustrious career spanning nearly two decades. Her extraordinary proficiency transcends multiple disciplines, boasting an impressive repertoire of expertise in Information Technology, Telecommunications, Finance, Oil & Gas, Healthcare, Government and Public Utilities sectors.

Dr. Coker-Odusote’s remarkable breadth of knowledge, coupled with her exceptional leadership acumen, has earned her a distinguished reputation as a master strategist and catalyst for change.

Upon assuming office as the Director-General/Chief Executive Officer of the National Identity Management Commission (NIMC), Engr. Abisoye’sresponsibility of managing the operations and personnel of NIMCto ensureitsactivities are in accordance with stated mission and vision, was outlined in a comprehensive Five-Point Agenda. These include increasing enrollment, harmonisation and integration with other government agencies, issuance of an identity card, access to services to aid financial inclusion and increasing public and private sector use of NIN as foundational data to support their functional data. She has also prioritized staff training, enhanced staff support and welfare, ensuring access to essential work tools to optimize service delivery, upgrading and expanding facilities, and enforcing a zero-tolerance policy towards extortion.

Her achievements within this period include but are not limited to: the general sanitisation of the NIMC Database and clearing of backlogs, introduction of the new self-service modification platform which helped reduce the turnaround time for modification, revalidation of Front End Enrolment Partner Licenses to improve enrolment efficiency, and the Launch of various inter-governmental initiatives that give citizens access to government interventions in line with the eight Priority Areas of President Bola Ahmed Tinubu.

She is the ID4AFRICA Ambassador and also the Chairperson of the OSIA Advisory Committee Global South. She also currently serves as a Board Member on NELFUND, whose primary objective is to provide financial support to qualified Nigerians for tuition and other fees during their studies in approved tertiary academic or vocational and skills acquisition institutions within Nigeria. She also serves as a Board Member of the Consumer Credit Facility set up by the President to accelerate access to consumer credit to 50% of working Nigerians by 2030.

In addition, she serves as the Secretary, Ecosystem Steering Committee- ID4D World Bank Project charged with ensuring collaboration at the highest levels of the Federal Government, private sector and civil society in NIMC’s drive to facilitate access to services, improve service delivery and bolster Nigeria’s digital economy. Also, she is a Member, Cybersecurity Advisory Council, Member, Federal Civil Service Strategy Implementation Plan 2021-2025 (FCSSIP25) War Room on Digitalisation, Member, National Addressing Council, Member, Presidential Committee on Economic & Financial Inclusion, Member, Presidential Committee on Digital Public Infrastructure, Member, National Steering Committee on Renewed Hope National Home Grown School Feeding Programme, and also Member, Presidential Committee on Population and Housing Census.

Engr. Abisoye Coker-Odusote is a recipient of the prestigious Honorary Doctorate Degree from the African University of Science and Technology, Abuja, as well asFellow, Institute of Corporate Administration of Nigeria and the Nigeria Computer Society.

In just one year, Engr. Abisoye Coker-Odusote has led a transformative overhaul of the National Identity Management Commission. Through her visionary leadership and the implementation of the five-point agenda, NIMC has made remarkable strides in improving enrollment processes, strengthening its data security infrastructure, integrating more seamlessly with other government agencies, and ensuring the widespread adoption of NIN as the foundational identity document in Nigeria. The ongoing and future initiatives set the stage for further growth, efficiency, and trust in Nigeria’s identity management system. Engr. Abisoye’sachievements reflect her commitment to making the NIMC a world-class identity management agency, contributing to national security, financial inclusion, and improved public service delivery.

Before Engr. Abisoye Coker-Odusote’s appointment on August 24, 2023, NIMC faced numerous challenges that hampered its effectiveness in delivering its mandate.Some of the key challenges included: Slow Enrollment Processes such as limited capacity and outdated infrastructure whichsignificantly slowed down the NIN registration process, causing long waiting times for citizens at nationwide enrollment centres.There was also Identity Fraud and Security Concernswith widespread reports of identity theft, extortion by unscrupulous agents, and the proliferation of fraudulent websites claiming access to NIMC’s database, created a critical need for better cybersecurity measures.

Anotherchallenge was Delayed Payments resulting in Backlog – Several operational bottlenecks, including an outstanding two-year backlog for payments to Front-End Enrolment Partners (FEPs), the companies contracted by NIMC to ensure that the NIN enrolment process is accessible as widely as possible.

Similarly, Operational and Administrative Inefficiencies, as well as inadequate staff management, amongst other issues, undermined the Commission’s ability to serve the public effectively. All these culminated into Public Skepticism and Low Confidence and due to suspicious cases of data security breaches and poor service delivery,there was a general lack of public confidence in the NIMC, reducing the adoption of NIN as a critical identification tool.

In response to these challenges, Engr. Abisoye Coker-Odusotetook decisive actions to revitalize the Commission by focusing on a Five-Point Agenda aimed at addressing these key issues to restore order and laid the foundation for a more effective and transparent NIMC.

Firstly, hitherto, NIMC faced significant delays and inefficiencies in the NIN enrollment process due to insufficient equipment and an overwhelmed system. Many citizens experienced long queues and a lack of access to enrollment centres, further exacerbated by unregulated third-party agents who extorted citizens.

Nevertheless, with the Deployment of over 800 mobile enrollment devices, Revalidation of Front-End Enrolment Partner (FEP) licenses, Creation of territorial offices, Launch of the Self-Service Mobile App and Web Modification App, there is a great increasein enrollment. These steps have significantly reduced long waiting times, increased access to enrollment services nationwide, and brought NIMC closer to achieving universal enrollment coverage.

Another key priority for Dr. Coker-Odusotewas the Harmonization and Integration of Data Across All Agencies to address the fragmented approach to identity management across various government agencies, which led to duplication and inefficiencies in data handling. This was achieved through successful integration of NIN with the Nigerian Immigration Service (NIS); Inter-agency collaboration with the Federal Inland Revenue Service (FIRS); Technological upgrades: The NIMS Middleware; Monitoring and evaluation systems.These initiatives have significantly improved inter-agency cooperation, enhanced data security, and established the NIN as a critical tool for identity verification, across multiple sectors.

Thirdly, Issuance and Activation of General Multipurpose Card (GMPC)/Use of Applets The issuance of GMPC had stalled in previous years, limiting its use in facilitating financial inclusion and identity verification. To achieve a turnaround, there was a re-launch of the GMPC; Applets Integration for payments; Expansion of diaspora enrollment centers; and creation of NIMC Mobile Wallet ID – a significant milestone. Thus, these measures will provide Nigerians with a robust tool for identity verification and financial transactions, improving access to essential services.

The fourth area of focus is the Access to Services to Aid Financial Inclusion Through G2P Payments. Limited access to financial services had been a significant issue, especially in rural areas and among marginalized groups. Prior to the DG’s appointment, the NIN’s potential as a tool for financial inclusion had not been fully realized.

Key achievements of this initiative include the Rice Palliative Initiative Using NIN: In response to the economic challenges faced by many Nigerians, NIMC partnered with the Presidency to utilise the NIN for verification and allocation for the rice palliative distribution programme, ensuring fair and transparent access to relief packages.  There is also the Students’ Loans Scheme with the Nigerian Education Loan Fund (NELFUND): NIMC played a pivotal role in the establishment of theFund, where the NIN is used as a primary identifier for students applying for loans. This ensures that loans are allocated to deserving candidates and enhances financial inclusion for students. Seamless Verification Services:

In the same vein, NIMC ensured the availability of seamless verification services for financial institutions, helping to bring more Nigerians into the formal financial system. The introduction of the High Availability NIMC Verification Service (HA-NVS) further streamlined access to identity data for service providers, bolstering financial inclusion.The impact of these achievements are being felt directly through the contribution to financial inclusion, especially in remote areas, by ensuring that NIN is linked to essential financial services.

The fifth agenda is Increased Public and Private Sector Participation in Using NIN as the Foundational Data for Identification. Before her tenure, there was a lack of widespread enforcement and public awareness regarding the mandatory use of NIN, limiting its application in both public and private sectors. Achievements include the Enforcement of NIN for SIM Registration, whereby NIMC worked closely with the Telecoms Industry and the Nigerian Communications Commission (NCC) to enforce the NIN-SIM linkage, ensuring that all mobile phone users are registered with their NIN, reducing fraud and improving national security.

Similarly, areas of focus are Public Awareness Campaigns, Private sector engagement; and Increased Awareness and Enforcement of NIN Usage. Engr. AbisoyeOdusote-Coker’s tenure has seen aggressive campaigns to raise public awareness on the importance of the NIN as a foundational ID for accessing government services. She also worked to strengthen the enforcement of the mandatory use of NIN across various sectors, enhancing the credibility and utility of the National Identity Database (NIDB).These efforts have greatly increased the public and private sector’s reliance on NIN for identity verification, positioning it as a central element in Nigeria’s national security and financial systems.

Aside the enumerated five-point agenda, there are Notable Security and Anti-Corruption Initiatives. One of the most significant accomplishments in this regard is the enhanced focus on security and combating corruption within NIMC and its processes.

Following reports of extortion by fraudulent agents and illegal websites like Goverify.com, Humanityverify.com, and Trustyverify.com, the DG partnered with the security agencies, led by the Nigerian Police Force – National Cyber Crime Center (NPF-NCCC) to launch a coordinated operation. Over 30 arrests were made, with recovered items including laptops, fake NIN slips, GPS flash drives, and NIN forms.

Other measures include: the deployment of enforcement teams; improved data security;Payment of outstanding monies; Settling and the backlog of outstanding payments to FEPs whichhas improved trust and cooperation between NIMC and its partners; VPN Security Enhancements for Enrollment Services.

These were done to enhance the security of VPN connections to enrollment software, several measures were implemented across the VPN workflow. There was also Staff Capacity Building with specialised training programme was designed to enhance staff expertise in network and operational security. The training equips IT professionals, network administrators, and security personnel to safeguard organizational assets, prevent breaches, and respond effectively to security incidents.

Thus,to ensure that NIMC’s security measures are both effective and up-to-date, she engaged leading cybersecurity experts and consultants, who conducted thorough assessments of the existing security infrastructure, identifying areas for improvement and recommending advanced strategies. The implementation of their recommendations has significantly enhanced NIMC’s overall security posture, making it more resilient to cyber threats.

Furthermore, under her leadership NIMC successfully maintained its ISO 27001:2022 certification. This achievement reflects the sustained commitment to international standards of information security management. The ongoing compliance ensures that the organization’s information security management system (ISMS) remains robust and capable of addressing current and emerging threats.

In addition, recognizing the importance of a well-informed workforce, she spearheaded comprehensive training programmes designed to enhance the understanding of ISO 27001:2022 requirements and ensure that employees, at all levels, are equipped to implement and maintain the standard’s protocols. This proactive approach will significantly increase NIMC’s overall security awareness and operational efficiency.

In the bid for enhancement of Data Protection and Data Privacy and in response to the growing importance of data protection and privacy, she introduced several key initiatives such as ensuring implementation of advanced encryption technologies, stricter access controls, and development of a more robust data protection framework. These actions not only strengthened compliance with relevant regulations,but also bolstered stakeholder confidence in NIMC’s commitment to safeguarding personal and sensitive information.

Anastute professional, Dr. Coker-Odusote has actively pursued partnerships with security agencies and other stakeholders, recognizing the value of collaboration in enhancing the NIMC’s cybersecurity posture. These collaborations have led to the sharing of best practices, joint initiatives to combat cyber threats, and improved threat intelligence. As a result, the Commission is better equipped to defend against sophisticated cyber-attacks and ensure the integrity of its systems.

Significantly, these efforts have reduced fraudulent activities and improved the security of the National Identity Database, and restoring public confidence. These achievements highlight her strategic focus on security, compliance, and capacity building, ensuring that the Commission remains at the forefront of information security and data protection standards.

 

PREMIUM COCOA PRODUCTS ILE-OLUJI LIMITED (PCPIL): Harnessing Full Potential OfNigerian Cocoa Industry, Creating A Legacy Of Innovation, Excellence, Sustainability

Why PCPIL remains Nigeria’s major non-oil export contributor, by improving foreign exchange earnings, fostering industrial growth, by Bamikole, is the Managing Director of Premium Cocoa Products Ile-Oluji Limited (PCPIL), bringing over 15 years of extensive expertise in food safety, quality control, and production management within the cocoa processing industry.

Bamikole holds a degree in Chemistry/Biochemistry, a foundation that has equipped him with a strong technical background in food science and process management. He is a Chartered Chemist and member of the Institute of Chartered Chemists of Nigeria (ICCON), the Nigerian Institute of Science Laboratory Technology (NISLT), and the Chemical Society of Nigeria (CSN).

Additionally, he is an IRCA-certified Lead Auditor in Food Safety Management Systems, demonstrating his expertise in regulatory compliance and global food safety standards.

His career began in quality assurance and production, where his keen analytical skills and leadership ability quickly set him apart. As a Quality Assurance and Production Leader at Plantation Industries, he was instrumental in maintaining top-tier product integrity and operational efficiency. He later advanced to Head of Operations at Johnvents Industries Limited, where he played a critical role in scaling production capabilities and ensuring adherence to international safety and quality benchmarks.

His exceptional ability to implement world-class management systems earned his team the GFSI Global Market Award in 2018 (Africa Region), a recognition of excellence in food safety and compliance.

Now, as the Managing Director of PCPIL, Bamikole leads with a strategic vision that prioritizes sustainability, operational efficiency, and global competitiveness. Under his leadership, PCPIL continues to strengthen its position as a key player in Nigeria’s cocoa industry, delivering high-quality cocoa derivatives to both local and international markets.

Located in Ile Oluji, Ondo State, Premium Cocoa Products Ile-Oluji (PCPIL) is Nigeria’s first cocoa processing plant. In 2023, PCPIL was acquired by Johnvents Group, integrating it into the Johnvents family and further enhancing its position within the cocoa value chain. PCPIL has established an unrivalled legacy in transforming the nation’s finest cocoa beans into premium products that adhere to international standards as Nigeria’s pioneering cocoa processing facility.

PCPIL, established with a vision to harness the full potential of Nigerian cocoa, has created a legacy of excellence, sustainability, and innovation. Its state-of-the-art facility, equipped with advanced processing technology, guarantees the production of premium cocoa products. These encompass natural and alkalised cocoa powders, cocoa butter, and cocoa cake, which we produce sustainably, in line with the values of the leading confectionery, food, and cosmetics industries worldwide.

At the heart of its operations is a commitment to responsible and sustainable sourcing. PCPIL works closely with local farmers, investing in their training, fair trade practices, and environmentally friendly production methods. Its sustainability initiatives aim to reduce carbon emissions, minimise waste, and promote economic empowerment within cocoa-growing communities.

PCPIL is certified by the Rainforest Alliance, affirming its commitment to sustainable practices, responsible cocoa sourcing, and a strong dedication to environmental and social integrity. As Nigeria’s premier cocoa processor, PCPIL distinguishes itself through unmatched expertise, global recognition, innovation, and strict control quality. PCPIL seeks to drive Nigeria toward a more sustainable, impactful, and competitive cocoa industry.

In a brief chat with The Guardian on his selection and recognitionas one of the “100 Visionary and Transformative CEOs That Shaped Nigeria’s Economic Landscape In 2024”, Mr. Sunday Bamikolespoke abouthis career journey, the passion that brought his career to life,the strategic corporate vision of Premium Cocoa Products Ile-Oluji (PCPIL), PCPIL’s its unrivalled legacy is transforming Nigeria’s finest cocoa beans into premium products, adhering to international standards, other milestones the company has achieved, as well as his views and opinion on how government can deal with the prevailingworsening economic situation, amongst sundryissues. Excerpts ….

What would you describe as the greatest passion that has brought you this far in your career?

My greatest motivation comes from building something bigger than myself, something that leaves a lasting impact. From the beginning of my career, I believe that business is not solely focused on profits; it’s also about people, progress, and purpose. Coming into cocoa processing has been more than an industry choice to me; it is a platform for transformation. It’s about empowering farmers, driving innovation, and positioning Nigeria as a force in the global market.

How would you describe the nexus between the strategic corporate vision of Premium Cocoa Products, Ile-oluji and the milestones the organization has accomplished in recent years?

Premium Cocoa Products (Ile-Oluji), as a subsidiary of Johnvents Group, is deeply aligned with the Group’s overarching vision of driving value addition, sustainability, and innovation within Nigeria’s cocoa industry. As Nigeria’s pioneer cocoa processing plant, our mission is to transform raw cocoa beans into premium-quality derivatives: cocoa cake, cocoa liquor, cocoa butter, and cocoa powder, serving local and global markets. Our recent milestones directly reflect this vision in action.

A significant milestone is the recent £40.5 million investment from the British International Investment (BII), which will expand the production capacity of Premium Cocoa Products, Ile-Oluji, from 13,000 metric tonnes to 30,000 metric tonnes annually. This expansion will increase our global market footprint and enhance our ability to deliver top-quality cocoa products that meet international standards. Moreover, our commitment to sustainability is evident in our goal to achieve complete digital traceability of every cocoa bean by 2027. This ensures that every stage of our supply chain upholds ethical sourcing and environmental responsibility.

Can you give us an insight into the Company’s product offerings, its cutting-edge advantage, growth trajectory, and how the company has been able to earn the trust of both clients and shareholders?

Premium Cocoa Products, Ile-Oluji is Nigeria’s pioneer cocoa processing plant. With an installed 30,000MT processing capacity, we transform Nigeria’s finest cocoa beans into globally acclaimed products that meet the highest international standards. Our product portfolio includes premium-quality cocoa butter, cocoa cake, and cocoa powder, which we proudly export to global markets, including Europe and the United States.

A key differentiator is our commitment to ethical sourcing. We collaborate with Licensed Buying Agents (LBAs) who maintain direct relationships with certified and traceable cocoa farmers. Beyond procurement, we actively invest in farmer training programs, equipping them with sustainable farming techniques to enhance yield and quality. Our operations adhere strictly to Rainforest Alliance Supply Chain Certification standards, reinforcing our dedication to responsible cocoa production.

In addition, our focus on research and development has enabled us to innovate and refine our product offerings, ensuring they align with evolving industry standards and consumer preferences. Our relentless pursuit of excellence and strategic market expansion initiatives, have propelled us into new frontiers, reinforcing our leadership in the cocoa processing industry. Our growth trajectory is driven by a clear vision and strategic investments.

Over the years, we have continuously upgraded our processing technology, enhanced operational efficiencies, and expanded our production capacity to meet the growing global demand for premium cocoa products.

Apart from integrity, what other unique attributes define the Premium Cocoa brand in terms of innovation, target clientele, industry impact, and contributions to the Nigerian economy?

Apart from integrity, Premium Cocoa Products is distinguished by its commitment to innovation, strategic market positioning, and industry leadership, all driven by a team of competent and dedicated professionals. Our people are at the heart of our success, ensuring that every aspect of our operations, from ethical sourcing to advanced processing, meets the highest international standards.

Through precision quality control, technology, and continuous research and development, we consistently deliver premium cocoa products that cater to global markets. Our adoption of digital traceability enhances supply chain transparency reinforcing our commitment to sustainability and ethical sourcing. We serve a diverse clientele, including multinational chocolate manufacturers, confectionery brands, food and beverage companies, and cosmetics firms.

As Nigeria’s pioneer cocoa processing plant, we uphold industry-best practices and comply with food safety certification standards. Beyond production, Premium Cocoa is a major contributor to Nigeria’s non-oil export sector, generating foreign exchange earnings and fostering industrial growth. We are driving long-term economic impact by expanding our processing capacity, investing in local talent, and creating employment opportunities.

What would you consider the toughest decision you have ever made, and what lessons did you learn from it?

One of the most challenging decisions I have made was leading a major operational restructuring at Premium Cocoa Products, Ile-Oluji, following its acquisition in February 2023. We completed the factory overhaul, enhancing efficiency, optimizing workflows, and integrating advanced technology to ensure long-term sustainability.

While change can be disruptive, building a more agile, efficient, and future-ready organization is essential. This experience reinforced a fundamental leadership lesson: growth and innovation require tough decisions. Restructuring is never easy, but transparent communication, active stakeholder engagement, and a clear strategic vision are critical in navigating such transitions.

As a key practitioner and stakeholder in the Nigerian private sector, what steps do you think the government needs to take to address obvious challenges in the nation’s economy to fast-track economic development and wealth creation for the nation?

The Nigerian government must prioritize policy consistency, infrastructure development, and an enabling business environment to drive economic growth and wealth creation. Clear and stable policies, particularly in foreign exchange management, taxation, and trade, will enhance investor confidence and encourage local and foreign investments. Additionally, addressing power supply deficits, improving transport networks, and modernizing ports will significantly lower business costs and enhance productivity across industries.

Beyond infrastructure, strengthening access to business finance, fostering public/private partnerships, and supporting industrialization are crucial. The government should expand funding mechanisms for SMEs, incentivize value-addition production in agriculture and manufacturing, and promote digital transformation to unlock new economic opportunities.

Kindly share with us a list of past awards and recognitions attributed to your leadership and advice on how more award-winning CEOs can emerge in the country.

Some of my notable awards include: the GFSI Global Market Award, 2018 (Africa Region); Gold Award of MAN (Oyo/Osun/Ondo/Ekiti) Best Kept Industrial Premises 2017; Factory Staff of the Year Award, 2016 and 2017.

For more award-winning Chief Executives to emerge in Nigeria, leaders must prioritize innovation, operational excellence, and strategic vision. Invariably, what is needed is a commitment to continuous learning, strong corporate governance, and ethical leadership drives success.

 

Transforming Identity Management: Dr. AguOsoka’s Vision for Nigeria’s Future

Dr. Agu Osoka, is a trailblazer in identity management and a force behind innovative solutions. As the Managing Director of Biosec, a leading identity management consultancy, Dr. Osoka brings a wealth of knowledge and expertise to the table. With a stellar academic background, including a first-class degree in Computer Science from Middlesex University, London, and a Ph.D. in Electronic Engineering with a specialisation in biometrics spoofing, he has established himself as a thought leader in the field.

Dr. Osoka’s impressive professional journey includes collaborations with esteemed organisations such as the Defence Science and Technology Lab (DSTL) under the UK Ministry of Defence and the National Identity Management Commission (NIMC). His work has had a profound impact on identity management in Nigeria, from setting biometric and demographic standards to launching NIN enrollment and ID card issuance.

Under his leadership, Biosec has successfully executed numerous high-profile projects, including the development of the Nigeria Police Force’s crime and investigation system, the creation of the NAPTIP sexual offenders register, and the implementation of identity-driven governance solutions for state governments. Currently, Biosec is working closely with NIMC to facilitate the launch and issuance of the new Nigerian National ID card, further solidifying Dr. Osoka’s reputation as a pioneer in his field.

In this special report, Dr. AguOsoka shares his perspectives on the challenges, successes, and impact of Biosec on Nigeria’s economic growth and development. Excerpts…

You founded Biosec Solutions to tackle one of Nigeria’s toughest challenging – Identity management. What was your motivation?

While studying in the UK, I saw firsthand how a solid identity management system could serve as the foundation for the development of a society. Everything in the UK was done efficiently — from voting, accessing credit, healthcare, education, etc. All these were made possible because there was a reliable system in place to identify and verify every person living in the country. Coming back to Nigeria, I realized that many of our problems (insecurity, access to credit, quality of service delivery, etc.) originated from one core problem – the absence of a central identity management system. I came back home with the belief that if Nigeria is ever going to experience true development, we must first fix our identity management system. That conviction is the driving force behind Biosec today.

What is the mission and vision statements of Biosec Solutions, and how do they guide your organizational strategy?

At Biosec Solutions, our mission is “Identity enabled solutions for Africa” and our vision is “inventing the future”. So, we are invested in the realization of reliable and available identity ecosystems, and the promotion of identity-enabled transactions. These principles guide our efforts to create a strong identity ecosystem. We are committed to making identity-enabled activities simpler and more secure. We imagine a future where voting can happen easily with just your face or fingerprint (biometric verification) removing the need for traditional id cards or forms. One approach we are implementing is the e-citizen.ng platform, an innovative identity kiosk that allows users to easily access their NIN information, financial credit rating, vehicle registration and business incorporation details in real time. This platform shows our commitment to providing accessible identity services. Our goal is to expand the business by collaborating with various partners and ensuring that our solutions meet their needs, fostering a society where everyone can confidently engage in economic activities.

What is your assessment of Nigeria’s current biometrics landscape, and what opportunities or challenges do you see in this space?

I think when you mention biometrics to the average Nigerian, most will have an idea of what you mean. This is because we’ve had many biometric capture schemes on a national level; BVN, driving licence, international passport, JAMB, social safety net, pension, and so on. And of course, all these are based on the established foundational identity provided and managed by NIMC and her current management headed by Engr. Abisoye Coker Odusote. The national identity database contains a critical mass of Nigerians, and it is being updated daily. Functional identity schemes are now harmonized and integrated with the National identity database (or at least are moving in that direction). We are able to do NIN verification for various things; SIM replacement et al, financial services, etc. The next logical step is real time biometrics verification, where all you have to do is look into a camera on your phone or laptop and get verified real time, seamlessly, without having to type your NIN. Verifying who you really are and not what you know. Imagine the type of value this brings to the security and socio-economic indices. Law enforcement and security capabilities are immediately enhanced. Financial transactions get a boost with the additional layer of trust. Things like identity theft will be dealt a major blow. All in all, things become faster, more reliable, and user experience improves. Imagine elections with face or fingerprint verification actually used to determine voters. No need for voters’ cards or any of those things that add complexity to the process. All that nonsense if multiple voting or over-voting becomes redundant with real-time harmonization and integration between INEC and NIMC. I mean, these things are not so abstract and are readily implementable. Biometric-enabled transactions is the way forward, and NIMC is trying despite many challenges.

How is Biosec Solutions revolutionising the field of identity management in Nigeria, and what sets your approach apart?

We are core identity management consultants and not an IT firm which does biometrics. We work with public and private sector organisations to ensure the establishment of legal enabling frameworks to facilitate identity management, and then the technology to drive this in line with global standards and best practices. We have extensive experience providing solutions across all stages of the identity management value chain. From enrolment, to identify adjudication, to verification, to card issuance, and harmonization and integration. Our solutions are competitive, relevant, affordable, and are wholly indigenous. Everything we do is in strict adherence to data protection and privacy regulations and international standards and best practices. One of such solutions is the e-citizen.ng identity kiosk. This platform enables online real time identity searches across various databases. You can check financial credit rating, NIN information, vehicle details, business incorporation information, all in real time. It is consent-driven and NDPA compliant, which ensures maximum data protection and privacy considerations.

How does Biosec Solutions ensure adherence to relevant industry regulations and standards, and what measures are in place to maintain compliance?

Compliance is the foundation of everything we do. Biosec Solutions is committed to adhering to national regulatory frameworks such as the NIMC Act, the Nigeria Data Protection Act (NDPA), and standards established by the Standards Organization of Nigeria. We also follow international standards, such as ISO/IEC 27001 for information security and ISO/IEC 30107 for biometric presentation attack detection. Our systems are designed with data protection and user privacy in mind, and all identification transactions are consent-based. Regular audits, internal compliance measures, and ongoing staff training help us preserve our reputation for trustworthiness and dependability. 6. Do you believe that foreign professionals bring a unique value proposition regarding quality service delivery? Sometimes. A lot of these companies who come to Nigeria usually conform to one or two international standards, registered with one or two known industry institutions, and have a good portfolio from experience. So, I think this is where Nigerian firms have been trying to do better recently. And again, the Nigerian government is taking the initiative, you know, with NIMC and the NIMC Act, the NDPC, SON, and so on. I think with time as Nigerian companies continue to be competitive, I think a lot of these foreign companies will find their advantage, if at all they have any, diminished.

How does Biosec Solutions leverage global best practices to enhance its services?

We benchmark all our solutions against globally recognised frameworks for identity management, cybersecurity and data protection. Whether it is adopting ISO standards, implementing biometric liveness detection to prevent spoofing, or ensuring NDPR/GDPR compliance, we prioritise security, interoperability, and user trust. We are a member of the Secure Identity Alliance, which is responsible for advocating for the open standards and interface API (OSIA), ensuring interoperability and sovereignty of schemes. We are also working towards MOSIP certification to align with evolving requirements. We also participate in international conferences, collaborate with worldwide tech partners, and regularly improve our platforms to reflect the newest breakthroughs in biometric research and secure identity systems.

Can you share with us some of the current innovations at Biosec Solutions and how they are poised to impact the identity management landscape?

Aside from the e-Citizen.ng platform, which is a one-stop shop for identity verification, we are at the forefront of real-time biometric verification, enabling applications such as biometric authentication for financial transactions, access control, and digital onboarding. We are also working on identity solutions for marginalized groups and distant communities, which will use mobile and offline biometric enrolment kits that connect directly to the national database. This will assist in increasing coverage and inclusiveness, ensuring that no one is left behind in the digital identity revolution. Our efforts are focused on transforming identity from a bureaucratic impediment to a daily enabler of access, opportunity, and trust.

What drives your passion for leadership, and how do you envision Biosec Solutions evolving to address emerging challenges and opportunities?

My passion stems from a deep belief that identity is the foundation of development. Citizens who lack a safe and verifiable identity are unable to fully engage in the economy or obtain essential services, leading, Biosec allowing me to address these essential concerns. Looking ahead, we want to become a regional hub for identity innovation, exporting Nigerian expertise to other African countries while also improving our systems. As digital identity becomes increasingly important in governance, security, and commerce, we will remain at the vanguard, combining thought leadership with cutting-edge technology to design a future in which identity empowers people.

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 OBINNA CHUKWUJIOKE: The Forward Thinking Co-Founder Powering Africa’s Financial Infrastructure at Maplerad
Obinna Chukwujioke is a transformative executive redefining the possibilities of financial infrastructure across Africa. As the co-founder of Maplerad, he has brought a bold, solutions-driven approach to some of the continent’s most complex fintech challenges simplifying regulatory compliance, accelerating innovation, and enabling thousands of businesses to launch financial products seamlessly. In this special recognition by The Guardian, Obinna shares the journey behind Maplerad’s rapid rise, his views on Africa’s evolving digital economy, and how technology can serve as a catalyst for inclusive growth.

Can you provide a brief overview of Maplerad’s mission, vision, and values?
At Maplerad, our mission is simple yet ambitious: to fuel ambition and help businesses go global from day one by solving the deep-rooted infrastructure challenges in Africa’s financial ecosystem. since day one, we’ve believed that access to reliable and scalable banking infrastructure shouldn’t be a privilege, it should be a standard. Our vision is to become the invisible engine powering Africa’s next generation of financial innovation, helping companies launch financial products in minutes, not months. We value speed, security, simplicity, and most importantly, impact. Everything we build is designed to enable businesses to serve their customers better, whether that’s in Lagos, Nairobi, or New York.

How would you describe your unique value proposition in the payment industry?

Our value proposition lies in transforming what used to take fintechs eight months and millions of dollars with navigating banking relationships, compliance, and licensing, into a five-minute integration. That’s the power of Maplerad. We offer a full-stack Banking-as-a-Service platform that lets businesses embed accounts, payments, FX, and cards into their products without touching the financial plumbing. We’re not just another payment company, we’re the infrastructure powering them.

How does Maplerad’s AI-powered payment infrastructure work, and what benefits does it offer to global businesses?

We’ve infused AI into our infrastructure to streamline everything from compliance checks to transaction routing and fraud detection. For global businesses, this means faster onboarding, smarter risk management, and more efficient operations. Our AI models help us flag suspicious activity in real-time, optimize FX conversions, and adapt quickly to regulatory changes across regions. It’s not AI for the sake of it, it’s AI built into the bones of our system to create real, tangible value.

What sets Maplerad apart from other payment infrastructure providers?

Three things: our infrastructure-first approach, our speed, and our scale. While others focus on end-user apps, we focused on what powers those apps. Our clients don’t need to worry about compliance headaches or managing banking relationships. We’ve already done that heavy lifting. Add to that our proven scale, we’re processing millions monthly and supporting over 3000 businesses, and you get a platform that’s battle-tested and future-ready.

How do you see AI evolving in the payment industry, and how is Maplerad positioned to take advantage of these trends?

AI is no longer just a buzzword in fintech, it’s becoming essential. In the coming years, I see AI taking over routine compliance, fraud detection, reconciliation, and customer support. At Maplerad, we’re already ahead of the curve. Our systems continuously learn from transaction data to improve decision-making. But more importantly, we view AI as a co-pilot for compliance and financial operations, not a replacement for human oversight. That balance will be key.

How does Maplerad’s payment infrastructure support global businesses in navigating complex payment regulations and standards?

Navigating Africa’s regulatory terrain isn’t for the faint-hearted. We’ve built a compliance-first system from the ground up. Each country we operate in has different rules, but our infrastructure is flexible enough to adapt. We maintain strong relationships with regulators, employ local compliance experts, and ensure our systems are PCI-DSS and ISO-27001 certified. For global businesses, this means they can operate confidently, knowing Maplerad is handling the red tape.

Can you share any success stories or case studies of businesses that have benefited from Maplerad’s payment solutions? 

Africa, home to over 1.4 billion people, is witnessing a surge in its digital economy, with platforms like Maplerad providing essential infrastructure that spans multiple sectors. For individuals—especially the more than 100 million Africans living abroad who collectively remit $90 billion each year—Maplerad delivers faster, more affordable transfer solutions. This efficiency has saved millions by lowering the 7–10% typically lost to fees, offering direct support to families who rely on these funds for necessities such as food and healthcare.

Small businesses and entrepreneurs, who account for 60% of Africa’s workforce, also benefit from Maplerad’s services. The platform enables frictionless regional trade, allowing, for instance, Nigerian merchants to easily transact with customers in Kenya or Ghana by removing payment obstacles. This is vital for a continent where cross-border commerce is growing but often hampered by legacy financial barriers.

What are some of the biggest challenges facing the payment industry today, and how is Maplerad addressing these challenges?

The biggest challenges today are regulatory complexity, cross-border friction, and profitability in emerging markets. Many companies spend more time dealing with paperwork than building their product. We solve that by abstracting the entire banking stack. Our infrastructure removes the friction of compliance, simplifies cross-border operations, and gives businesses the tools to monetize faster with embedded finance.

What opportunities do you see for innovation and growth in the payment industry, and how is Maplerad positioned to capitalize on these opportunities?

In Africa’s dynamic technology sector—where fintech funding reached $1.2 billion in 2023 despite a global downturn—Maplerad’s developer-friendly tools empower startups to innovate rapidly, eliminating the need to build payment systems from scratch. The demand for such solutions is underscored by the fact that there are 350 million unbanked Africans and mobile penetration exceeds 80%. Maplerad’s integration with mobile money platforms extends financial services to these underserved populations, helping bridge the digital payments gap. Currently, only 5–7% of transactions in Africa are electronic, but as adoption increases, Maplerad’s infrastructure could impact hundreds of millions, accelerating the continent’s digital transformation.

How do you collaborate with other stakeholders in the payment ecosystem, such as banks, merchants, and regulators? 

Through embedded finance, Maplerad enables banking services to be delivered directly within non-bank platforms, creating smoother and more personalized customer experiences.

By partnering with Maplerad, merchants gain access to tailored payment solutions, competitive pricing, and operational efficiencies. Maplerad often supplies data-driven insights, enabling merchants to optimize acceptance rates, reduce transaction costs, and enhance customer experience. Maplerad facilitates global commerce by supporting cross-border payments and providing infrastructure that allows merchants to accept payments in multiple currencies, breaking down geographical barriers.

Maplerad works with regulators and industry coalitions to develop compliance standards for emerging payment models, such as embedded finance. This collaboration ensures that innovations align with legal frameworks, consumer protection requirements, and systemic risk management.