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UK Government Partners With UBA Foundation, Other Global Businesses In £20m Drive To Support Girl-Education In Developing Countries

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· To mark International Women’s Day this year, on March 8, 2022, Prime Minister Boris Johnson launched a new global partnership with 11 global businesses to improve girls’ access to education and employment in developing countries.

· The UK Government will contribute an initial £9m, with the partners providing an additional £11m.

· The program aims to provide high-quality skills training to around 1 million girls around the world.

· Improving girls’ access to education is a key part of the UK’s foreign policy, to ensure the build back from the pandemic and prevent a lost generation. Investing in education helps lift communities out of poverty and protects girls from early marriage, forced labor, and gender-based violence.

As part of activities to mark this year’s edition of the International Women’s Day (IWD), the United Kingdom Prime Minister, Boris Johnson has launched a new global partnership with UBA Foundation and 10 other organizations, to improve girls’ access to education and employment in developing countries.

To this end, the UBA Foundation, together with 10 other global businesses that have come together with the UK government will be working in partnership with UNICEF’s Generation Unlimited (GenU) to fund this very crucial program that aims to provide high-quality skills training to around one million girls around the world.

The UBA Foundation, other private sector players, and global businesses who are partnering to fund and resource the initiative to the tune of £9m are Accenture, Standard Chartered, Unilever, Microsoft, Pearson, PwC, Coursera, Vodafone, BP, and Cognizant. The UK government has contributed an initial £9m to the initiative called the Girls’ Education Skills Partnership program.

Explaining its drive to undertake this project which is expected to have far-reaching positive effects for the girl-child across the world, the UK Government pointed out that even before the Covid pandemic, millions of children did not have any access to school – and girls from disadvantaged families are particularly vulnerable to missing out on education, whether through poverty or prejudice. The pandemic has created even more barriers to education, with a peak of 1.6 billion children around the world who have faced school closures.

Prime Minister Boris Johnson, who pointed out that this is the UK’s first education partnership of its kind where the UK Government is joining forces with the private sector to boost girls’ access to education in developing countries, said, “The United Kingdom has long been a proud and mighty champion of this fundamental cause and today we take one leap further through our first Global Partnership of its kind – opening up opportunities for one million girls across the developing world to have access to high-quality skills training.

Continuing, Boris said, “Ensuring every girl and young woman across the globe receives 12 years of quality education is the greatest tool in our armory to end the world’s great injustices. “Delivering on this mission will be one of the best defenses against ignorance, ensure the greatest protection from prejudice and put a rocket booster behind our hopes and dreams for global development in the years to come.”

In his speech, Mr. Johnson noted that some of the businesses involved will be contributing a range of resources including books, computers and other technology, mentoring, advice, and access to their networks, skills, and training programs just as the private sector involvement will help ensure that education and learning opportunities provide girls with the skills for the future that employers need.

The Group Chairman, United Bank for Africa(UBA), Mr. Tony O. Elumelu, CON, who was in attendance at the event reiterated the importance of educating the girl child and giving back always as we strive towards sustainable development. “We understand first hand, the need to empower young women in African communities to catalyze sustainable socio-economic development. At the UBA Group, we are committed to women empowerment and we continue to champion women’s causes in our business and through our work in philanthropy. Working together, we must ensure that our girls are properly educated and attain the necessary skills that allow them to effectively compete as the world becomes increasingly global,” He added.

Mr. Elumelu thanked the Prime Minister and the UK Special Envoy, Helen Grant, for the laudable initiative that will see more girls globally, being educated.

The UBA Foundation is the Corporate Social Responsibility arm of the United Bank for Africa group. The Foundation is focused on initiatives that support Education, Empowerment and the Environment in the African country. For over 2 decades, the UBA Foundation has been giving back and changing lives on the continent.

BIG STORY

As WAFCON Kicks Off Today, The Falcons Of Nigeria Will Win Their 10th Title — By Seun Oloketuyi

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The energy in Morocco is electric. From the bustling streets of Rabat to the buzzing stadium corridors in Casablanca, a continental celebration of football has begun. The 2024 Women’s Africa Cup of Nations, delayed until 2025, kicks off today — and as the anthem rings out to open the tournament, one team walks into the spotlight with more than just ambition. The Super Falcons of Nigeria are here to reclaim what they’ve long considered theirs: the WAFCON crown.

Nine-time champions, decorated with decades of dominance, Nigeria’s women’s team has been the pride of African football. But this time, there’s something different. It’s not just about titles or rankings. It’s about redemption. Two years ago, the Falcons fell short, narrowly edged out of the final by host nation Morocco and forced to watch South Africa take the throne. That sting hasn’t faded — it’s fuel.

The players know what’s at stake. Asisat Oshoala, now playing for Bay FC in the U.S. after an illustrious run with Barcelona, returns with fire in her eyes and form in her boots. Alongside her, a younger generation is rising — bold, unshaken, hungry. In training, the tempo has been sharp. In their voices, confidence. In their hearts, belief,She is expected to inspire the younger generation lead by the team Captain Rasheedat and the new blood of Alozie,Ashley,Esther and Toni Payne plus Ayinde a lot is expected.

Now led by new head coach Justine Madugu, following the departure of Randy Waldrum, the Falcons are embracing a refreshed style of play — blending tactical discipline with expressive, fearless attacking football. Madugu has not only brought structure but also instilled belief, trust, and a renewed fighting spirit,Many including me are still stunned Monday Gift is not in this team but yet we are behind them.

The road won’t be easy. Morocco is loud and proud on home soil. South Africa still glows from their 2022 triumph. Zambia arrives with momentum. But even in the shadows of rising stars, Nigeria still stands tallest. When the Super Falcons walk out tomorrow against Tunisia for their opening match, they’ll carry more than just jerseys on their backs. They’ll carry history. Legacy. And expectation.

This is a team that has shaped the narrative of African women’s football for decades. Their dominance isn’t luck. It’s culture. Discipline. Passion. Every touch of the ball, every sprint, every tackle will be driven by the memory of past glories — and the desire to write a new chapter.

As the tournament kicks off today, the message from Nigeria is clear: the Falcons are flying again. Not with arrogance, but with assurance. And by the time the final whistle blows in Rabat on July 26, they believe they’ll be right where they belong — lifting the trophy for a record 10th time.

Africa is watching. Nigeria is ready.

I Totally believe Falcons will come home with the 10th Wafcon

  • Seun Oloketuyi the producer of Flying with the Falcons

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BIG STORY

“Adron Homes Made My Dream Come True” — New Homeowner Shares Inspiring Testimony

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For many Nigerians, the dream of owning a home often feels out of reach, clouded by financial limitations, uncertainty, and broken promises. But for Engr. & Mrs. Taiwo Ademola, that dream has become a beautiful reality, made possible by Adron Homes.

Speaking proudly from the comfort of his newly completed home in one of Adron’s thriving estates in Shimawa, Ogun State, Engr. Ademola shared his joy and fulfillment at finally becoming a landlord.

“When I thought about owning a home, it felt like a far-off dream,” he recalled. “But Adron Homes changed everything. Their flexible installment plan gave me the confidence to start. Today, I stand here as a proud homeowner. For anyone still doubting, Adron Homes is real, and they are here to stay.”

The Ademolas’ new home, now dedicated and celebrated, is a symbol of stability, dignity, and the fulfillment of a long-held dream. Their success story is a powerful reminder of Adron Homes’ mission to make quality, affordable housing accessible to every hardworking Nigerian, regardless of financial background.

In his congratulatory message to the family, Sir Aare Adetola EmmanuelKing, Chairman/CEO of Adron Group, expressed his delight at yet another fulfilled homeowner.

“At Adron Homes, our vision has always been to make home ownership possible for every Nigerian, and I am glad we are living up to this vision” he stated. “Every key we hand over is a step towards fulfilling that vision”.

He welcomed them into the family, describing this feat as the foundation of new beginnings and joyful memories.

Adron Homes has become synonymous with reliability, integrity, and innovation in Nigeria’s real estate sector. With flourishing estates across Shimawa, Lagos, Abuja, Nasarawa, Epe, Badagry, and beyond, the company continues to redefine affordable luxury and accessible home ownership nationwide.

As more Nigerians like the Ademolas proudly unlock the doors to their dream homes, one truth remains undeniable, with Adron Homes, dreams are not just imagined; they are built, one family, one house, one community at a time.

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BIG STORY

UBA, Wema, GTB Resume International Transactions On Naira Cards After Years Of Suspension

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Three commercial banks in Nigeria have revealed the recommencement of international transactions on their naira cards. In separate messages to customers, the United Bank of Africa (UBA), Wema Bank, and Guaranty Trust Bank (GTB) confirmed that the service is back on their naira cards. This change comes about three years after several banks halted international transactions on naira debit cards.

In a recent notice to customers, UBA stated the resumption is part of its ongoing commitment to delivering seamless and improved banking experiences. “In line with our continued commitment to providing you with seamless and enhanced banking experiences, we are pleased to inform you that all UBA Premium Naira Cards, including Gold, Platinum, and World variants are now enabled for international transactions,” the message read. “This means you can now use your Premium Naira Card for everyday payments, online shopping, POS, and ATM transactions across the world, with more ease and flexibility. If you haven’t used your card recently, now’s a great time to rediscover the convenience and prestige that comes with being a UBA premium cardholder.”

In its own statement, Wema Bank informed customers they could now “pay in dollars” using their naira cards. “Your Wema Naira Mastercard just went global! Now you can pay in dollars on all your favourite international platforms; Amazon, eBay, AliExpress? Netflix, Spotify, YouTube,” the bank noted.

In an email to customers, GTB explained that users can spend up to one thousand dollars every quarter with its naira card worldwide. “We are pleased to inform you that you now have a quarterly limit of $1,000 on your GTBank Naira Card to pay for all your favourite things anywhere in the world,” it said. “Withdrawals at ATMs Abroad: $500 quarterly. Online and POS Transactions: $1,000 quarterly. Kindly note that the quarterly limit of $1,000 covers all transactions including ATM cash withdrawals abroad, purchases on international websites, POS payments outside Nigeria, and more.”

WHY BANKS ARE MAKING THE SHIFT

Ayokunle Olubunmi, head of financial institutions ratings at Agusto & Co, explained that the improved liquidity in the foreign exchange (FX) market encouraged banks to restart global transactions with their naira cards. “The moderating premium on the parallel market transactions and the reduced arbitrage opportunities is also responsible for the decision,” he said.

Charles Sanni, chief executive officer of Cowry Treasurers, told TheCable that the smaller spread between the official and parallel market rates likely influenced the move. He added that interest rates are very high in Nigeria, which discourages borrowing to speculate on foreign exchange. “The naira has also continued to appreciate against the other major currencies of the world. More so, there has been increased diaspora remittances based on the new policy of the Central Bank of Nigeria (CBN) on opening of accounts for non-residents, particularly Nigerians in diaspora,” he explained.

Sanni also pointed to renewed confidence in FX management by the federal government and the CBN, noting improvements in fund transfers and capital repatriation. He mentioned that factors such as an improved credit rating for Nigeria, the clearance of FX backlogs, a “new trading platform, increase in oil prices from geopolitical conflicts, and banks capitalisation” also played a role.

Between July 2022 and January 2023, several other banks had also temporarily stopped international transactions on ATMs and POS channels. The pause was due to severe FX scarcity, which posed a risk to vital sectors of the economy.

In July, Standard Chartered Bank halted international transactions on its naira visa debit card. First Bank of Nigeria (FBN), on September 21, 2022, announced it would stop international transactions on its naira Mastercard. Three months later, Guaranty Trust Bank (GTBank) suspended global payments on its naira Mastercard, and Zenith Bank followed suit on January 9, 2023.

Flutterwave, Eversend, and other fintech platforms also suspended their virtual card services for international transactions.

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