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Glamour, Fun As Sunquest Partners Zenith, BandRus, Others to Host First Ever Alimosho Food Festival

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By Eric Elezuo

The Youth Centre in the heart of Abesan Town in Alimosho Local Government Area of Lagos State, came alife penultimate Sunday, when Sunquest Discovery Limited in association with Zenith Bank, BandRus, MMS among others hosted the first ever food festival in the area.

Successful in all ramifications, stakeholders in the food sector, from all walks of life, gathered to showcase their culinary skills and technology embedded in the preparation of local and continental dishes and other edibles while calling on the local and state governments to address inflation and tackle the high cost of food materials so as to curb poverty in the country.

Speaking on the intentions behind the festival, the Chairman Sunquest Discovery Limited, the organisers of the festival, My Isiaka Lawal, said the festival was organised to give opportunities to good vendors to showcase their products as well as allow consumers to purchase food at cheaper prices against the high cost in the market.

He added that Alimosho, being the largest local government in Lagos State, was chosen because of its high population as it would afford more people the opportunity to benefit from the event.

“We understand the plight of the ordinary in trying to make a living, and also the fact that eating healthy food at affordable price will help to face the task of building the nation from all fronts.

“The cost of food as well as food shortage have become a problem in Nigeria which should be addressed by the government. While we call on the government to tackle the problem so as to make life easier for Nigerians, we have chosen this food festival to contribute our quota to alleviating the problem,” Lawal said.

He added that the festival also afforded the organizers the opportunity to test run an application which would allow food vendors to market their goods online.

On their part, stakeholders and food vendors also spoke of their expectations from both the government and organisers, citing high cost items as their major challenge.

One of the vendors, Mrs Omoluyi Esther, who deals in sales of local food commended the organizers for putting together the event.

She however, lamented the daily increase in food items, which according to her, is affecting many companies involved in food production business.

“As small scale business owners, there are challenges we are facing such as daily increases in prices of food.

“Today you buy something for N200 and tomorrow it goes up to N500. Government should try to make sure there is money in circulation and bring down prices of food stuff. In that way, they can address food scarcity,” she said.

Another vendor, Mrs Adekunle Olamide of Checkers Food said for the government to reduce poverty, ‘ it should help to reduce in prices of goods.’

“They should make sure there is stability in the economy. The instability is affecting all brands and they are finding it hard to get materials for production. When they increase prices of their goods, it’s the consumers that bear the brunt. So the government should help us stabilize Nigeria’s economy so that brands will find it easier to produce,” she urged.

A Nollywood actor, Joseph Momodu, who was the special guest at the event commended the quality of food on display at the festival.

“The kind of food you see here, you might need to order them online before you get them, but this event has offered people the opportunity to get them at their doorsteps and cheaper. The festival is of great significance to everyone,” he said.

He added: “There is hunger in the land. The government should help us subsidize food stuff to the nearest minimum to make food available. They should also control inflation especially the dollar scarcity so that the common man can do his or her business. They promised us that dollar will go down but it’s not so now. Government should do their business so that the masses can enjoy.”

While appreciating the over 22 ventures, and all the stakeholders and sponsors, who turned up for the successful test run of the first edition, the Creative Director of Sunquest Discovery, Adekoya Afeez, said the quality of food and products was commendable, promising that the subsequent editions of the festival will be bigger, and also be taken to other parts of the state so that the entire state can feel the impact of the fieata.

Adekoya also invited more stakeholders and sponsors to join hands with the company as they get ready to host another edition in no distant time.

The highlight of the event was display of acrobotics and choreographed dance steps from happy participants and distribution of various food items by sponsors including Labule Farms, which gave out lots of garri, Checkers Custard and a host of others.

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Business

Access Sets New Benchmark for Nigeria’s Finance Talent Pipeline

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New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, a distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.

Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.

For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent. CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”

Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet. Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.

Access Holdings Group Chief Executive Officer, Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.” The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.

That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.

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UBA Partners Mikano to Launch Auto Financing Scheme

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Africa’s Global Bank, United Bank for Africa (UBA) Plc, has partnered Mikano Motors to launch an auto financing scheme, themed: ‘Drive Your Dream Today’, specifically designed to ease the purchase of new vehicles by making them more accessible to Nigerians. The flexible Financing solutions Initiative, requires customers to make an initial payment of just 30 percent while the Bank finances the remaining 70 percent.

Unveiled at the Mikano Motors showroom in Victoria Island, Lagos, the scheme allows eligible customers to repay the financed amount in instalments over a period of 36 months at an interest rate of 23 percent.

The financing is available to a broad range of customers, including individuals who are not on a salaried income, providing entrepreneurs, and other eligible Nigerians with a structured pathway to vehicle ownership.

The process begins with a simple eligibility check. Interested customers can visit their nearest UBA branch or email consumerlending@ubagroup.com to confirm their eligibility. Once approved, customers can proceed to Mikano Motors to obtain a proforma invoice for their preferred vehicle and continue with the financing process.

Speaking at the launch, UBA’s Group Executive Director, designate, Personal and Business Banking, Chidi Okpala, said the partnership reflects the Bank’s commitment to making everyday aspirations more attainable while promoting a stronger credit culture and advancing financial inclusion.

“Owning a car should not be out of reach for hardworking Nigerians, and this partnership makes it far more achievable,” Okpala said. “A customer puts down 30 percent, we finance the rest, and they pay us back comfortably over a three years period. By removing the single biggest barrier to vehicle ownership where a customer just commits with an upfront cost, we are showing what customer-first banking looks like in practice, which is making their lives easier, by meeting our customers where they are and helping them get where they want to be.”

Also speaking, UBA’s Group Head, Consumer Lending, Frank Okoh, said the scheme was designed to make vehicle financing straightforward and accessible to both salaried and self-employed customers.

“We have kept the entry simple and the terms clear, whether you earn a salary or run your own business,” Okoh said. “A short eligibility check at any branch or by email is all it takes to begin, and our team guides the customer through every step to the moment they collect their keys.”

For Mikano Motors, the partnership provides an opportunity to extend its vehicle ownership proposition to a wider pool of Nigerians

The company’s General Manager, Tarek Mostafa, said the collaboration aligns with Mikano Motors’ vision of providing customers with a high-end ownership experience supported by reliable after-sales services.

“Mikano Motors was established to give Nigerians a high-end ownership experience, from the showroom to years down the road,” Mostafa said. “The backbone of any automotive business is not just the sale, but the after-sales service that follows. Every vehicle we sell is backed by genuine spare parts, reliable maintenance and quality service available anywhere in the country. Wherever you are we would come meet you at no extra cost”

“Partnering with UBA lets more customers enjoy that experience, and we are proud to build lasting relationships alongside a bank that shares our commitment to service,” he added.

Established in 2018 under Mikano International, Mikano Motors builds on more than 35 years of the group’s presence in Nigeria. The company offers a diversified portfolio of vehicles supported by nationwide sales and after-sales services.

The partnership further strengthens UBA’s consumer lending proposition, providing customers with structured financing solutions designed around accessibility, affordability and convenience. Through partnerships such as this, the Bank continues to expand access to credit while helping customers meet significant personal and lifestyle needs with ease.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally. Operating in twenty African countries, the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edge technology.

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Access Bank Issues Disclaimer, Says Shutdown Notice False, Misleading

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Access Bank Plc has said that a social media post announcing a shutdown of the bank’s operations, is false and misleading.

In a statement signed by the bank’s management, and made available to the media, the Bank insisted that the notice is the handiwork of mischief makers, who impersonated the bank’s official handle.

It advised members of the public to disregard the notice, and pay attention only to verified information from the verified accounts of the bank.

Below is the full statement:

“A message impersonating Access Bank’s official handle is currently circulating on social media and WhatsApp. It is false and misleading.

“We wish to reassure our customers, partners, stakeholders, and the public that Access Bank is safe, financially strong, and fully operational across all our subsidiaries. Our services continue to run seamlessly, and we remain committed to serving our customers with the highest standards of excellence.

“We are working closely with the relevant regulatory and law enforcement authorities to identify those responsible for creating and spreading this false information to cause panic and business disruption. Appropriate legal action will be taken in accordance with applicable laws and regulations.

“We also remind members of the public that creating, publishing, and disseminating false information capable of causing public alarm, damaging reputations, or undermining confidence in institutions constitutes an offence under Section 24 of the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act, 2024.

“If you receive a false and misleading message, please do not share or forward it. Instead, disregard it and rely only on information communicated through Access Bank’s official and verified channels.

“We thank our customers, partners, and stakeholders for their continued trust and confidence in Access Bank.”

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