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Elumelu Reaffirms Commitment to Gabon’s Economic Devt, Youth Empowerment

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The Chairman of United Bank for Africa (UBA) Group, and Founder of the Tony Elumelu Foundation (TEF), Tony Elumelu, has once again reaffirmed his commitment to the development of Gabon’s economy following a high-level meeting with the President of Gabon, Brice Oligui Nguema earlier this week.

Elumelu who was on official visit to Presidential Palace in Libreville, Gabon on the invitation of President Ngueman discussed key strategies to enhance infrastructure development and foster entrepreneurship in the country.

During the discussions, both leaders underscored the importance of strategic investments in infrastructure as a catalyst for economic growth and job creation, while Elumelu, a strong advocate of Africapitalism, emphasised the role of private sector partnerships in driving sustainable development.

“The President of Gabon is committed to ensuring the development of infrastructure in Gabon, and I, as an African and an African investor, support countries, leaders, and companies that want to invest and create jobs for young people,” Elumelu highlighted.

On the back of a previous engagement by both leaders in New York in September 2024, Elumelu disclosed plans of a dedicated initiative to support the Gabonese youth through UBA and his Foundation, the TEF.

“As the founder of TEF, which supports young Africans, I am pleased to work alongside leaders who embrace and bring together African youth. His Excellency, the President, was kind enough to share his vision for assisting young Gabonese people, and he asked for my support. I made a promise that UBA Group will support infrastructure development projects in Gabon, and TEF will provide young entrepreneurs with non-refundable seed funding of $5,000 each year,” Elumelu assured.

Expressing his appreciation for Elumelu’s commitment, the President of Gabon highlighted the significance of this partnership in driving the nation’s economic agenda. “Gabon is poised for a new era of economic transformation, and partnerships with leading African investors like Tony Elumelu are key to accelerating our progress. Our focus is on creating opportunities for young people and strengthening the nation’s infrastructure, and we welcome collaborations that align with this vision,” the President stated.

UBA Group, a leading Pan-African financial institution, has long supported economic growth across the continent through strategic infrastructure investments and financial empowerment initiatives. With this renewed commitment, the bank aims to enhance financial inclusion and create sustainable opportunities for local entrepreneurs, further strengthening Gabon’s economic resilience.

This collaboration marks a significant step in fostering an environment that promotes innovation, financial independence, and economic prosperity in Gabon.

Earlier, while speaking to a group of combined audience of policymakers, business executives, and investors who gathered at the inaugural edition of the Cameroon Economic Meeting in Yaoundé, Elumelu, highlighted the critical role of entrepreneurship, infrastructure development, and financial inclusion in fostering economic transformation.

He underscored the importance of intra-African trade and investment, just as he urged stakeholders to adopt policies that create an enabling environment for businesses to thrive.

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Personality in Focus

Monday Ubani Bags PhD Honours from Babcock University

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Distinguished legal practitioner and Senior Advocate of Nigeria (SAN), Dr. Monday Onyekachi Ubani, has reached another defining milestone in his illustrious career after earning a Doctor of Philosophy (PhD) honours in Law from Babcock University.

The new feat is a definite declaration that his academic journey is far from over just as he seeks the next frontier – professorship.

Ubani was among a select group of scholars conferred with doctoral degrees during the university’s 2026 convocation ceremony, an event that celebrated academic excellence, research and innovation. The colourful ceremony attracted government officials, members of the Bench and Bar, academics, family members and well-wishers from across the country, National Association of Online Security News Publishers, NAOSNP can report.

Ogun State Governor, Prince Dapo Abiodun, who attended the convocation as a special guest, congratulated the graduating students on their academic accomplishments and challenged them to deploy their knowledge, research and expertise towards national development. He also commended Babcock University for its sustained commitment to quality education, impactful research and the development of highly skilled professionals.

In his welcome address, the Vice-Chancellor of Babcock University, Prof. Afolarin Ojewole, described the convocation as a celebration of discipline, sacrifice, resilience and scholarly excellence. “Earning a PhD represents years of rigorous research, critical inquiry and unwavering commitment to knowledge,” he said, noting that the achievement reflected not only the graduates’ determination but also the invaluable support of supervisors, lecturers, families, friends and the wider academic community. He added that the newly conferred doctoral graduates now bear the responsibility of contributing meaningfully to public policy, professional practice, national development and the global body of knowledge through research and innovation.

Among the highlights of the ceremony was the conferment of the Doctor of Philosophy (PhD) in Law on Dr. Monday Onyekachi Ubani, SAN, whose latest academic accomplishment further reinforces his reputation as one of Nigeria’s foremost legal minds and a passionate advocate of lifelong learning.

Speaking with journalists shortly after the ceremony, the elated Ubani described the doctoral journey as one of the most intellectually demanding experiences of his life. “The journey does not end with the graduation ceremony. There are still administrative processes to complete. It is a very rigorous journey, but it is worth every sacrifice,” he said.

He encouraged professionals across different fields, including journalists, to embrace higher education, describing the PhD as “the last bus stop of knowledge.”
“I recommend a PhD for everyone, including journalists, if you can. It is a worthwhile experience that broadens your knowledge and perspective,” he stated.

Despite attaining one of the highest academic qualifications available, Ubani revealed that his ambitions remain alive. “The next step is professorship. I’m going for it. I want to start lecturing. Once I have a university where I’m lecturing, I will begin writing more. I’m a good writer; I even write better than I speak. By the grace of God, I believe He will make it happen. I have become a Senior Advocate of Nigeria, I have become a doctor, and I also hope to become a professor,” he said.

Offering words of encouragement to young Nigerians, Ubani urged them to remain steadfast in pursuing their aspirations through perseverance, diligence and faith.
“My message to the younger generation is that they must persevere. But, most importantly, they must know God. If you have God in your life, there is nothing you cannot achieve. There is nothing you cannot do if God is with you,” he said.

He also expressed heartfelt appreciation to his family, mentors, colleagues and friends for their unwavering support throughout the demanding doctoral programme, describing the achievement as a testament to God’s grace, hard work and the encouragement of those who believed in him. The convocation concluded with the formal conferment of doctoral degrees on successful candidates, as Babcock University charged the new PhD holders to uphold the highest standards of scholarship, integrity and service while applying their research to address societal challenges and advance national development.

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Personality in Focus

Ooni of Ife Loses Elder Brother Prince Adetunji

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The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has announced the passing of his immediate elder brother, Prince Adetunji Ogunwusi.

The monarch made the announcement in a statement released on Sunday through the Director of Media and Public Affairs at the Ooni’s Palace, Sodiq Lawal.

Describing the late prince as a respected businessman and compassionate leader, the Ooni said Prince Adetunji lived a life dedicated to service, humility and the wellbeing of others.

According to the statement, the death of Prince Adetunji has left a deep void in the Ogunwusi family, the Ojaja Royal Dynasty and the entire Ile-Ife Kingdom.

Prince Adetunji, who was born on December 8, 1967, was a member of the Ojaja lineage of the Giesi Ruling House in Ile-Ife. He was also the Group Chairman of Primewaterview Holdings, where he earned recognition for his contributions to business development and entrepreneurship.

The Ooni noted that his late brother built a reputation as an innovative entrepreneur and visionary leader. Through his business activities, he created opportunities for many people and contributed to economic growth in different sectors.

The monarch further stated that beyond his achievements in business, Prince Adetunji was known for his generosity, kindness and commitment to humanitarian causes. He was said to have quietly supported many individuals and families, offering assistance, guidance and encouragement whenever needed.

The statement added that Prince Adetunji’s influence extended beyond the corporate world, as he remained deeply connected to his roots and maintained a strong interest in the progress and development of Ile-Ife and its people.

The Ooni described his late brother as a dependable adviser, a loving family member and a man whose legacy would continue to inspire future generations.

Family members, friends, associates and well wishers have continued to pay tribute to the late prince, remembering him for his humility, wisdom and positive impact on society.

The palace said further details regarding funeral arrangements and other ceremonies would be announced by the family in due course.

Prince Adetunji’s death marks a significant loss to the royal family and the people of Ile-Ife, who will remember him for his service, leadership and dedication to humanity.

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Personality in Focus

NBA Election: Badejo-Okusanya Coasts to Victory, Becomes 2nd Female President

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The Nigerian Bar Association (NBA) has elected Oyinkansola Badejo-Okusanya, a Senior Advocate of Nigeria (SAN), as its next president after she polled the most votes when voting officially ended Sunday morning.

‎Mrs Badejo-Okusanya, the only female among the three presidential candidates, polled 12,317 votes to emerge the winner of the election, which was held through electronic voting for 24 hours. from 7:35 a.m. on Saturday to 7:34 a.m. on Sunday

‎She defeated her two challengers, polling 47.18 per cent of the 26,106 ballots cast in the presidential election, based on the final tally…

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