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Heritage Bank headlines sponsorship of 4th entrepreneur TV Show ‘The Next Titans

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In a bid to continue boosting entrepreneurship development in order to curb the high level of unemployment in the country, Heritage Bank Plc will once again be the headline sponsor for the fourth season of “The Next Titans,” a Nigerian entrepreneurial Reality TV Show.

 

The move by the bank is a consistent commitment to build the next generation of sustainable Nigerian businesses; young and budding entrepreneurs who will end up becoming ‘titans’ in their own disciplines whether in Technology, Inventions, Media, Real Estate, Fashion, Agriculture, or Productions, and so on.

 

Speaking at a press conference to flag off the season 4 of the project in Lagos yesterday, the Group Head of Corporate Communication of the Bank, Mr. Fela Ibidapo explained the reasons for the continued support of The Next Titan project, stating that because it is associated with the development of young people through small and medium scale enterprises (SMEs).

 

“We decided to support The Next Titan project, because its scope resonate with what our brand stand for which is the business of raising young people through SMEs either through the Youth Innovative Entrepreneurship Programme (YIEDP), an initiative of the Central Bank of Nigeria (CBN) in conjunction with the Nigeria Youth Service Corp (NYSC), in partnership with the Nigerian Youth Professional Forum (NYPF) to support entrepreneurship and education in the country with N500 million Young Entrepreneurs and Students (YES) grant and the bank is also in partnership with Centre for Values in Leadership (CVL) empowered 100 aspiring start-up entrepreneurs under the Young Entrepreneurship Business Training Programme (YEBTP), among others,” he stated.

 

He said the Bank has always being supporting SMES from the creative industry to the agricultural sector of the economy among others.

 

He said at the heart of management of the Bank is that one day ,“We would be able to put people in front of the press to say that indeed this people came to us about two, three years ago and now we are taking their companies to the stock exchange for listing.”

 

The show will also bring the reality of pains and gains of entrepreneurial journey into the living rooms of millions of Nigerians, and viewers will be given opportunity to vote for whom they believe has the composite of a successful entrepreneur.

At the audition holding in Abuja, Port Harcourt and Lagos from next week, 50 best applicants would be chosen from thousands of young and ambitious entrepreneurs that are willing to demonstrate their commercial insight, entrepreneurial acumen, and street-smartness, pitch their business ideas, before selection of the final 16 contestants who will tough it out over 10 weeks to see the crowned Next Titan carting away the ultimate prize of N5million and a brand new car.

 

The Executive Producer of the Next Titan, Mr. Mide Kunle-Akinlaja said the importance of the Next Titan lied in igniting entrepreneurial spirit and showcasing the possibility of entrepreneurship in transforming lives with just an idea that could be scaled to greatness with a market and with Nigeria’s population.

 

He said the show, by scouting for young talented people who have entrepreneurial acumen, grooming them through a rigorous task and boardroom process and eventually funding a winner’s idea, leading to an opportunity to create jobs for themselves and others is indeed a big contributor to the socio-economic development of Nigeria.

 

The Executive Producer said the Next Titan was designed to sharpen and ignite the entrepreneurial spirit in young Nigerians, and it represented opportunity and more importantly recognize ordinary Nigerians that have determination, gusto and can do attitude with some of the best ideas.

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NAFDAC raises alarm over circulation of fake condom

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The National Agency for Food and Drug Administration Control (NAFDAC) has raised an alarm on the circulation of an unregistered condom called Foula condoms.

In a statement issued on Thursday, the agency said the product, which is usually packed in 3s, was discovered in Abakaliki, Ebonyi State capital and in Zango, Kastina State.

NAFDAC said the discovery was made by the officials of the post-marketing Surveillance Directorate (PMS) while carrying out a Risk-Based Post Marketing Surveillance study on registered condoms in Nigeria.

It said unregistered condoms pose significant public health risks to users.

RISK

NAFDAC said the condoms are likely to lack the necessary quality and safety checks, leading to a higher likelihood of breakage or leakage, which can increase the spread of sexually transmitted infections (STIs), including HIV, and contribute to unintended pregnancies.

It said one primary concern is that unregistered condoms may not meet the strict standards for material durability and effectiveness enforced to ensure the condoms’ material strength and integrity, essential for providing reliable protection.

The Foula product is not registered by NAFDAC for use in Nigeria, and according to the agency, it is not labelled in English.

According to NAFDAC, the condom is “a dual-purpose method for both prevention of unintended pregnancy and protection against HIV and other sexually transmitted infections (STIs).”

It said: “To be most effective, any barrier method used for contraception or preventing infection must be used correctly.”

“The illegal distribution or sale of unregistered condoms poses a risk as the safety, quality, and efficacy of the products are not guaranteed.”

The agency also said the purchase and use of poor-quality condoms will affect every aspect of condom promotion for the prevention of unintended pregnancy and protection against HIV and other”

“If condoms leak or break, they cannot offer adequate protection,” it said.

DIRECTIVE

NAFDAC said its zonal directors and state coordinators have been instructed to conduct thorough surveillance and remove unregistered products from circulation within their respective zones and states.

The agency also urged traders, healthcare professionals, and consumers to be cautious to prevent the importation, distribution, sale, and use of unauthorised products.

The agency urged that medical products and devices should be sourced exclusively from authorised or licensed suppliers, with careful attention given to verifying each product’s authenticity and physical condition.

“Similarly, healthcare professionals and patients are also encouraged to report adverse events or side effects related to the use of medicinal products or devices to the nearest NAFDAC office, or through the use of the e-reporting platforms available on the NAFDAC website.

“Furthermore, note that this notice will be uploaded to the WHO Global Surveillance and Monitoring System (GSMS),” the statement read.

 

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Olufemi Oluyede assumes office as acting Chief of Army Staff

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Major General Olufemi Oluyede has formally taken over as the Acting Chief of Army Staff in a handover ceremony held at the Defence Headquarters in Abuja on Friday.

The Defence Headquarters revealed this in photos from the ceremony shared on X.com.

The caption read, “Formal Taking Over Ceremony of the Acting Chief of Army Staff, Major General OO Oluyede.”

We had earlier reported that Oluyede would assume duties today (Friday).

He was appointed in an acting capacity by President Bola Tinubu on Wednesday, pending the return of the indisposed substantive COAS, Lieutenant General Taoreed Lagbaja.

Until his appointment, Oluyede reportedly served as the 56th Commander of the elite Infantry Corps of the Nigerian Army, based in Jaji, Kaduna.

The 56-year-old Oluyede and Lagbaja were coursemates and members of the 39th Regular Course.

Oluyede’s appointment came a few days after the Defence Headquarters stated that the appointment of an acting COAS was not recognised under the Harmonised Armed Forces Act.

However, a notice on Thursday, signed by Group Captain Chris Erondu on behalf of the Director of Defence Information, Brigadier General Tukur Gusau, stated that the handover ceremony would be held at the Defence Headquarters conference room at 10 am.

The Chief of Defence Staff, General Christopher Musa, was among those in attendance at the handover ceremony.

See photos below:

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Oyo Assembly Suspends LG Chairman Olusola Oluokun Who Praised Governor Makinde’s Godmother For Appointing Him

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The Oyo State House of Assembly has announced the suspension of Olusola Oluokun, Chairman of Oyo East Local Government after he publicly pledged his allegiance to Governor Seyi Makinde’s political ally, Senator Monsurat Aduke Sunmonu.

His suspension was pronounced on Thursday after the presentation of a Matter of Urgent Public Importance titled “Urgent Call For Full Investigation into the indecent attitude of the Chairman, Oyo East Local Government, Mr. Olusola Oluokun in a viral video online.”

Oluokun’s actions in the video were deemed unbecoming of an elected Local Government Chairman.

The House has therefore set up a committee to investigate the matter, pending which the Vice Chairman will act as Chairman.

The suspended council chairman, in a viral video, had thanked Senator Monsurat for her support in making him the local government chairman.

In the video, Oluokun was seen partially unclothed, eating while praising Aduke Sunmonu and cursing her enemies.

A source had informed us that Aduke Sunmonu allegedly served as a “godmother” to the Oyo State Governor Makinde.

The source had stated, “This is one of the reasons public officials don’t serve public interests, but rather the interests of themselves and those who put them in positions against popular wishes.”

The video had showed Oluokun eating half-naked and praising a political stalwart who helped him become chairman.

Oluokun said, “Who doesn’t know Aduke? Which lunatics don’t know Aduke? Anyone who doesn’t know Aduke will never truly know anyone until they depart this world.”

He continued, “Aduke, my helper, my benefactor. She appointed me as local government chairman and brought me abroad. If the world still exists and God is still on His throne, she will never witness sorrow in her life.”

“I’m grateful; my entire family is thankful to you. Love you, big mummy, love you deeply. I remain loyal till my last breath,” he said.

“Who among the foolish does not know Aduke? Who among the unfortunate does not know Aduke? They will soon realise,” he proclaimed.

“Aduke has done a great work, a good woman to the core, a true motherly figure. I’ve never seen this kind of motherhood in my life; nothing will harm your soul,” he added.

“You will continue to prosper; you and your children will never experience setbacks. They have already excelled and will continue to meet helpers until the end of time.”

“My Creator will indeed bless you for what you have done for me because I don’t know what else to say,” he added.

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