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Toromade Bags AIMFIN’s Professorship in Strategic Management Promoting Artificial Intelligence

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The Artificial Intelligence Management and Finance Institute (Nigeria) has conferred the professorship in Strategic Management, for promoting Artificial Intelligence, on Dr. Francis Toromade, who is the Chairman of Governing Council of AIMFI by Omniversity Imperial College LLC Missouri, USA.

This event took place when the distinguished members of the Artificial Intelligence Management and Finance Institute Nigeria (AIMFIN) met at Ikeja Airport Hotel, Ikeja, Lagos where it hosted an intellectually engaging meeting, through indepth and thought-provoking lectures on different aspects of AI. The focus was however, on promoting and sustaining its ethical values here in Nigeria and beyond our shores.

AIMFIN happens is one of the three of its kind of associations promoting AI in the global sphere. The epochal event also witnessed the conferment of doctorate degree on some deserving members.

Shedding light on what the association stands for Toromade stated that: “AIMFIN is more than a professional body—it is a forward-looking institute established to empower individuals, transform industries, and shape the future through the ethical, inclusive, and responsible integration of Artificial Intelligence (AI) across business, finance, education, governance, and other sectors.

“We believe that AI is not just a technological force, but a tool for human-centred transformation—one that must be guided by fairness, equity, transparency, and global best practices.

Furthermore, he explained that: “At the heart of AIMFIN is a bold vision to promote ethical and responsible AI integration that enhances efficiency, drives innovation, and supports sustainable growth.It also provides quality education and professional certifications that equip professionals
to thrive in the AI era.

“This is in addition to fostering continuous professional development through fellowships, seminars, mentorships, and global learning opportunities. As it upholds ethical leadership and transparent governance, particularly in the digital
economy, it also supports applied research and innovation that solve real-world challenges with AIdriven solutions.”

Worthy of note is that AIMFIN builds strategic collaborations with institutions and industries, both locally and
internationally. And good enough, it engages policymakers and industry leaders to shape responsible AI frameworks
and policies as well as recognizing excellence in the globally influencing AI spectrum.

With regards to its legal status and recognition, AIMFIN’s credibility and global legitimacy are backed by a strong foundation of legal authorization and institutional approval. These include the Corporate Affairs Commission (CAC), Nigeria – RC: 7938060, the Companies and Allied Matters Act (CAMA) the Federal Ministry of Education (FME), Nigeria and the Lagos State Ministry of Tertiary Education (MTE).

In fact, the National Assembly Recognition – Nigeria came on February 6, 2025, through the AIMFIN Establishment Bill (HB. 2063), as sponsored by Hon. Usman Zannah. And by the Legal Registration – Missouri, USA
AIMFIN it was incorporated in the United States under Document/Charter No: N001700975, enabling it to operate internationally.

Amongst the dignitaries present during the event at Ikeja Airport Hotel were Prof. Tokunbo Akeredolu -Ale, President/ Dean, Omniversity LLC Lagos Nigeria and Imperial College LLC Missouri USA; Prof. Contantine Imafidon Tongo, Dcp, Prof. , Dr Funmilayo Iyabode Arowoogun, Dcp and Architect Samson Akinyosoye, one of the Guest Lecturers.

As highlighted by the Chairman of AIMFIN, Prof. Francis Toromade, the increasing influence of Artificial intelligence is here with us but to get the best out of it its practice must align with the globally accepted best ethics with equity, fairness and justice.

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Personality in Focus

WTN London: NANTA Will Continue to Support Awakan’s Leadership – Folami

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The President of the National Association of Nigeria Travel Agencies (NANTA), Dr. Yinka Folami, has commended the Nigerian Tourism Development Authority (NTDA) and its Director General, Dr. Ola Awakan, for putting together an impressive outing for Nigeria at the just concluded WTM London 2026, held at ExceL London between November 3 and 5, 2026.

Speaking on behalf of NANTA, the umbrella body for travel agencies in Nigeria, Dr. Folami said the NTDA’s outing was not just impressive, it was historic, it was dignified, it was Nigeria at its best.

Dr. Folami, who was represented in London by NANTA’s First Deputy President, Mustapha Mohammed, leading a high-powered NANTA delegation, with NANTA as the only association with a dedicated presence at the NTDA stand at WTM London, said he watched with pride as NTDA led Nigeria’s participation, with the endorsement of President Bola Ahmed Tinubu, who had commended Awakan for his immersive storytelling, collaboration and innovation in his first year in office.

He said: “On behalf of NANTA, I want to commend the Director General of NTDA, Dr. Ola Awakan, for putting together an impressive outing for Nigeria at WTM London. He did not just take Nigeria to London, he took Nigeria back to the world. After years of absence, after years of invisibility, Nigeria was seen, Nigeria was heard, Nigeria was engaged. The NTDA stand was a true national showcase. The storytelling was compelling. The partnerships were strategic. The visibility was real. This is what leadership looks like. This is what commitment looks like. And NANTA is proud to have stood side by side with NTDA in London.”

Dr. Folami noted that Nigeria’s participation at WTM 2026 enabled the country to present its tourism assets to a global audience, raising the profile of key destinations and products while opening new market possibilities, advancing collaboration, innovation and storytelling in promoting Nigeria’s tourism potential.

The NANTA President was emphatic: NANTA’s support for NTDA is not a one-off, it is a commitment.

“I want to assure Dr. Awakan and the entire NTDA that NANTA under my leadership will continue to support his leadership of NTDA. We will always partner with NTDA and other government tourism agencies to harness, develop, grow and market Nigerian tourism assets and destinations. That is our mandate. That is our promise. Government cannot do it alone. Private sector cannot do it alone. But together, government and private sector can put Nigeria where she belongs – on the world map, and on the world market.”

“We handed over in 2024 because we believe the goal is not who owns Nigeria’s stand, but that Nigeria has a stand. And now that NTDA has taken up the baton with such excellence, NANTA will stand beside NTDA – wherever Nigeria needs us, we will be there.”

In a special tribute, Dr. Folami appreciated Elizabeth Agbola, Founder and CEO of NTT Global Destinations, who worked hand in hand with NTDA to birth the return of Nigeria to the global tourism trade event.

“I want to specially appreciate our sister, Elizabeth Agbola, who worked hand in hand with Dr. Awakan to birth this return. Behind every successful outing, there are silent workers, there are bridge builders, there are people who make calls, and who encourage support for greater good. Elizabeth is one of them.

Dr. Folami prayed for greater visibility for Nigeria in international tourism expositions across the world.

“My prayer is that this WTM will not be a one-off. My prayer is that Nigeria will be at FITUR in Madrid, at ITB in Berlin, at Arabian Travel Market in Dubai, at WTM in London, every year, with a bigger stand, with a bigger story, with bigger results. Visibility is not vanity. Visibility is business. If you are not seen, you are not sold. And Nigeria must be seen. Nigeria must be sold. May God give NTDA, NANTA, and all of us, the grace to sustain this momentum.”

The NANTA President also called on other players and associations to support government efforts to promote tourism in Nigeria.

“I am calling on all other players, all other associations – FTAN, NATOP, ATPN, hoteliers, tour operators, airlines, state tourism boards – let us support government efforts to promote tourism in Nigeria. Let us stop grumbling. Let us stop competing for who owns Nigeria. Let us compete for who serves Nigeria better. Government has done its part at WTM. Now we must do our part. Let us bring our products, let us bring our packages, let us bring our investments, and let us make Nigeria the destination of choice in Africa.”

Finally, Dr. Folami commended NANTA members and all stakeholders who came out in numbers to support NTDA and Nigeria’s return to WTM.

“To our NANTA members who travelled to London, who committed financial support to NANTA, who paid their way, who manned our stand, who marketed Nigeria with passion, I say thank you. To our NANTA BOT Chairman Alhaji Aminu Agoha, supported by BOT Member Alhaji Kabir Maiwada, who visibly graced the event with their support and presence, I say thank you, and To all stakeholders, FTAN, NATOP, AITEC World, the media, the diaspora community in the UK who stormed our pavilion, I say thank you. You came out in numbers to support NTDA and Nigeria’s return to WTM. You proved that when Nigeria calls, her children answer. This victory belongs to all of us.”

Dr. Folami concluded with a message of hope: “Nigeria is back. And by the grace of God, Nigeria is here to stay. NANTA will always partner with NTDA. NANTA will always put Nigeria first. That is not just our slogan. That is our legacy.”

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Personality in Focus

Khaira Bala Emerges Winner of 16th UBA Foundation Essay Competition, Gets N15m Grant

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Khaira Bala emerges winner of16th UBA Foundation Essay Competition, wins N15m

Khaira Ojima Bala of Metro International School, Abuja, has been crowned as Nigeria’s top secondary school essayist for 2026, emerging as the winner of the 16th edition of the UBA Foundation National Essay Competition

Khaira, 15, was announced as the winner during the grand finale of the competition, where she received a N15m educational grant to study at any university in Africa. The event was held on Tuesday at UBA House, Marina, Lagos, and had a large audience which included finalists, parents, students, teachers and judges.

An elated Bala dedicated the award to her parents. “I am so happy right now. My parents have sacrificed so much for my education, and this award belongs to them as much as it belongs to me,” she said. “I also want to thank the UBA Foundation for believing in young people like me and giving us a platform to share our ideas.”

Unwanabasi Otobon Udom of Topfaith International Secondary School placed second, receiving N10 million, while Flourish Chibunumoma Ndamzi of University of Port Harcourt Women Association International Secondary School came third, receiving N7.5 million.

God’sfavour Ezekiel Udo of Federal Government Girls College, Ikot Obio Itong, and Uchenna Olivia Anyanwu of Coral Impacts International School, Abuja, came 4th and 5th, receiving N5 million and N3.5 million, respectively.

The 20 finalists emerged from over 15,000 entries submitted by senior secondary school students across Nigeria, as they wrote on the topic: “No nation can develop without food security. How can Nigeria deal with this problem?”

They also had the opportunity to be part of a one-day writing boot camp with the judges.

This year’s grants total N41 million, an 82% increase compared to the N22.5 million grant awarded last year, following the Foundation’s expansion of the number of winners from three to five as well as an increase in the value of each award.

All the 20 finalists also received several consolation prizes, including modern laptops to aid with their homework and research work. Their UBA accounts were also funded with N20,000 each as a token of appreciation from the bank’s Group Managing Director, Oliver Alawuba.

Speaking at the event, UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, told the 20 finalists that they were all winners and urged them to see their selection as proof of what hard work and curiosity can achieve.

“You were selected from more than 15,000 students, and you earned this place through your hard work, your curiosity and your determination. We do this because we believe in the future of this continent, and the best investment we can make in that future is in our youth,” Alawuba said. “This is corporate social responsibility, but it goes beyond that. UBA is more than a bank; it is an institution that plays a great role in the future of Africa. How can we say the future is Africa if our young people are not the ones driving it?”

Alawuba explained that the higher grants were a response to rising costs. “As inflation increases and it becomes more difficult to see a child through school, we have raised the amounts to make sure these students get to school. For us, that is important,” he said.

Alawuba also noted that the Foundation would consider writing workshops for participating schools as the competition grows, to build competence, confidence and critical thinking among students.

The Managing Director/Chief Executive Officer, UBA Foundation, Bola Atta, who thanked parents, teachers and the judges for their support, described education as the surest investment in Africa’s future.

“Over 16 editions, we have watched our finalists go on to excel in universities and careers across the world, and that is the impact we set out to achieve,” Atta said. “So far we have spent over N3bn on this competition in the past 16 years and increasing the number of winners and the value of the grants means more young people can now pursue a university education without the burden of cost. We will keep strengthening the competition so that it continues to reward original thinking.”

The UBA Foundation is the corporate social responsibility arm of UBA. The National Essay Competition, which began in Nigeria in 2011, now runs in other African countries where the Bank operates, alongside the Foundation’s work in education, healthcare, economic empowerment and environmental sustainability.

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Technology Consumption: How Nigerian Engineers Could Shape the Future of Chip Design

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Africa’s participation in the global technology industry should go beyond using digital products and services.

African engineers also have an opportunity to contribute to the technologies themselves, including the semiconductors that power smartphones, computers, vehicles and artificial intelligence. Nigerian semiconductor technology company ChipMango is working to develop this capability by connecting engineering education with practical chip-design and verification projects.

Through its investment in African venture capital funds, the European Investment Bank (EIB), under the Boost Africa initiative, is helping strengthen the ecosystem that supports innovative businesses like ChipMango. Boost Africa is a joint initiative of the EIB and African Development Bank, supported by the European Union.

Watch the video to discover ChipMango’s story and the opportunities it is helping create.

Watch the video:

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