National News
Accion MfB Launches AccionMonie App to Transform Digital Banking in Nigeria
Accion MfB Launches AccionMonie App to Transform Digital Banking in Nigeria
By: Michael Michael
Nigeria’s leading microfinance institution, Accion Microfinance Bank (MfB) has launched AccionMonie, a transformative digital financial services platform designed to empower individuals, micro, small and medium enterprises (MSMEs) and low-income households.
A statement on Tuesday said through AccionMonie, the microfinance bank is expanding digital capabilities for financial
access and empowerment across the spectrum of underserved individuals and businesses. The user-friendly platform offers instant access to essential services, including loans, savings, capital,
and other forms of support.
It started that the launch of AccionMonie is a key part of the bank’s “Always there to lend you a hand” campaign, which reinforces its long-standing commitment to small business growth and the
welfare of low-income households. The campaign positions Accion MFB not just as a financial provider but as a trusted partner in its customers’ journey towards business success and economic empowerment.
In Nigeria, micro, small and medium enterprises (MSMEs) are one of the key growth drivers of the economy. Estimated at about 37 million, MSMEs currently account for 86 per cent of employment and 48 per cent of Gross Domestic Product (GDP).
However, despite their strong
potential, the MSMEs continue to be impacted by existential challenges, notably access to capital and finance, infrastructure and an enabling business environment.
Chief Executive Officer (CEO) of Accion MfB, Taiwo Joda, described the launch of
AccionMonie as an important milestone and a testament to the bank’s culture of innovation; one that ensures its products and offerings continue to reflect the evolving needs of its customers.
He said: “At Accion Microfinance Bank, we believe in the potential of every MSME to drive inclusive economic growth. That is why we are committed to empowering them with the financial support they need to grow, innovate, and make a lasting impact in their communities and beyond.”
On his part, the Chief Commercial Officer (CCO) of the bank, Stephen Olalere, stated that AccionMonie and the combination of the bank’s extensive network of over 74 branches in 12 states will address the persistent challenge of limited access to financial services faced by many small businesses in Nigeria. He added that the platform’s user-friendly features will simplify payments and offer much-needed support for both businesses and individuals.
The Chief Digital Officer of the bank,
Paul Ehiagbonare, said this is a bold move towards digital leadership, maturity and excellence. He stated that: “For us, AccionMonie is a reflection of the much needed customer empowerment through digital tools and technologies. We are not only providing access to finance but standing beside our customers as partners, supporting their ambitions when others
may not and doing so timely and more efficiently. Our goal is to be a reliable ally on their journey toward growth, stability, and long-term success.”
He stated that AccionMonie offers a range of customer-focused features designed to promote financial inclusion and empower users. One of its unique offerings is Save2Loan, which allows customers
to save between N50,000 and N250,000 over 90 days and qualify for a loan worth twice their savings. He noted that this feature is expected to encourage a stronger culture of saving while expanding access to credit.
He explained that customers can also fund their AccionMonie accounts directly using any debit card, which is an easy, seamless process that eliminates the need for long queues at banking halls. Another key
feature is the targeted saving option and locked savings, which helps users plan and save for long-term goals such as tuition, rent, or investment while earning competitive interest.
He noted that customers can also earn for referring others, adding that account management features include on demand
bank statement, account upgrade features, secure access, transfer limit management amongst others.
The AccionMonie app is now available for download on the Apple App Store, Google Play Store, or directly via this link: https://onelink.to/57z27p.
Accion Microfinance Bank has been in operation for over 16 years and is a pioneer in Nigeria’s microfinance sector, providing innovative financial solutions. The bank’s long history of supporting entrepreneurs and small businesses has greatly contributed to economic growth and
development.
The bank has solid shareholder investments from three major banks – Ecobank, Zenith Bank and Citi Bank – as well as International Finance Corporation, a World Bank member, and Accion Investments, all of which contribute to its strong financial base and allow it to serve an ever-increasing number of customers.
Accion MfB Launches AccionMonie App to Transform Digital Banking in Nigeria
National News
Sokoto donates 62 armoured vehicles, 320 motorcycles to security agencies
Sokoto donates 62 armoured vehicles, 320 motorcycles to security agencies
By: Zagazola Makama
The Christopher Gwabin Musa has expressed confidence that Nigeria’s current security challenges will soon be overcome, urging Nigerians to continue supporting security agencies in the fight against terrorism and banditry.

Musa made the remarks on Wednesday in Sokoto during the inauguration of 62 armoured vehicles and 320 motorcycles procured by the Sokoto State Government for deployment by various security agencies operating in the state.

The security assets, valued at about N27.7 billion, are expected to enhance the operational capabilities of security agencies in tackling banditry, terrorism, kidnapping and other violent crimes across the state.
The defence chief stressed the need for security personnel to remain resolute in confronting criminal elements, while urging Nigerians to regard security as a collective responsibility through timely intelligence sharing and community support.

He described Sokoto as his home state, recalling that he was born and raised there, and commended the efforts of the state government in sustaining peace despite recent security challenges in some parts of the state.
According to him, the administration of Ahmed Aliyu has consistently supported security agencies with critical logistics, noting that the latest intervention would further boost troop morale and operational effectiveness.

Musa appealed to other state governments and well-meaning Nigerians to emulate the Sokoto Government by supporting security agencies with logistics and other resources needed to combat insecurity.
He also said that security remains a key priority under the Renewed Hope Agenda of Bola Ahmed Tinubu, assuring Nigerians of the Federal Government’s commitment to restoring lasting peace and stability across the country.
Earlier, Gov. Ahmed Aliyu said the newly acquired armoured vehicles and motorcycles would be deployed to identified flashpoints to strengthen ongoing operations against bandits, kidnappers and other criminal elements.

The governor said the intervention was aimed at improving the operational efficiency of security agencies and ensuring the protection of lives and property across the state.
He disclosed that his administration had previously spent more than N36.27 billion on similar logistics support for the Armed Forces and other security agencies operating in Sokoto State.
Aliyu further revealed that the Sokoto State House of Assembly was considering legislation that would prescribe sanctions for informants aiding criminal groups, similar to those imposed on bandits.
He reaffirmed that security remains a top priority under his administration’s Nine-Point Smart Agenda and commended the Federal Government, the Armed Forces, other security agencies and stakeholders for their continued efforts in addressing insecurity.
The governor also appreciated President Bola Tinubu for his sustained support towards improving the nation’s security architecture.
In his remarks, the Sa’ad Abubakar, represented by the Wazirin Sokoto, Sambo Wali Junaidu, commended the governor for his sustained investment in security, describing the intervention as a significant contribution to the protection of lives and property in the state.
Sokoto donates 62 armoured vehicles, 320 motorcycles to security agencies
National News
Nigeria Mourns 21 Killed in China Landslide, Reaffirms Strategic Partnership
Nigeria Mourns 21 Killed in China Landslide, Reaffirms Strategic Partnership
By: Michael Mike
The Federal Government has extended its condolences to the Government and people of China following the devastating landslide that struck Tanchang County in Gansu Province, killing at least 21 people and leaving several others affected, as Abuja reaffirmed the enduring strategic partnership between the two countries.
In a statement issued on Wednesday, the spokesperson for the Ministry of Foreign Affairs, Kimiebi Ebienfa, described the disaster as a tragic incident and said Nigeria stood in solidarity with China as rescue teams continued efforts to reach victims and support affected communities.
The landslide occurred on Tuesday in Tanchang County, a mountainous area in northwestern China’s Gansu Province, where heavy rainfall triggered the collapse of earth and debris, burying homes and disrupting transportation. Emergency responders were immediately deployed to search for survivors, evacuate residents and provide humanitarian assistance.
Expressing the Federal Government’s sympathy, Ebienfa said Nigeria shared in China’s grief over the lives lost.
“The Federal Government of Nigeria expresses deep condolences to the Government and people of the People’s Republic of China following the tragic landslide that struck Tanchang County in Gansu Province on Tuesday, July 7, 2026,” he said.
He added: “Nigeria mourns the loss of lives in this disaster, which has claimed at least 21 lives, with others affected amid the rescue operations. Our thoughts and prayers are with the families of the deceased, the injured, and all those who have lost loved ones or property in this unfortunate incident.”
The spokesperson also commended the swift response mounted by the Chinese authorities, praising emergency personnel for their efforts to rescue survivors and provide relief to victims.
“Nigeria commends the swift response of the Chinese authorities and rescue teams in their efforts to save lives and provide relief to those impacted,” he stated.
Beyond the immediate humanitarian message, Nigeria used the occasion to reaffirm the strength of its diplomatic and economic relationship with China, one of its largest trading partners and a key investor in critical infrastructure projects across the country.
Over the years, China has played a significant role in financing and constructing major Nigerian infrastructure, including rail lines, airport terminals, highways and power projects. The two countries have also deepened cooperation in trade, investment, security, agriculture, technology and human capital development under the framework of their Comprehensive Strategic Partnership.
Reflecting on these longstanding ties, Ebienfa said: “Nigeria and China share a long-standing strategic partnership built on mutual respect, friendship, and cooperation. Nigeria stands in solidarity with China during this difficult time, and we are confident in the resilience of the Chinese people and government as they work towards recovery and rehabilitation in the affected areas.”
He also offered prayers for those affected by the disaster.
“We pray for the peaceful repose of the souls of the departed, the speedy recovery of the injured, and strength and comfort for the bereaved families,” he said.
The latest tragedy underscores the vulnerability of many mountainous regions in China to landslides and flash floods, particularly during the annual rainy season. Chinese authorities have in recent years strengthened early warning systems, disaster preparedness and emergency response mechanisms, but extreme weather events linked to intense rainfall continue to pose significant risks to lives and infrastructure.
Nigeria’s condolence message joins those from countries around the world expressing solidarity with China as rescue operations continue and recovery efforts begin in the affected communities.
Nigeria Mourns 21 Killed in China Landslide, Reaffirms Strategic Partnership
National News
President Tinubu Flags Off the Construction of Dikwa–Gamboru Ngala, Bama–Banki International Road Projects
President Tinubu Flags Off the Construction of Dikwa–Gamboru Ngala, Bama–Banki International Road Projects
By: Bodunrin Kayode
President Bola Tinubu on Saturday flagged off the construction of the 49.55-kilometre Dikwa–Gamboru Ngala Road and the 49.15-kilometre Bama–Banki Road, describing the strategic highways as critical to economic growth, regional integration, and national security.
The two road projects, regarded as economic lifelines of North-East Nigeria, serves as key gateways to neighbouring African countries, which will bolster cross-border trade, facilitate the movement of agricultural produce, and strengthen security operations in a region recovering from over a decade of insurgency.
The groundbreaking ceremony was held along the Maiduguri–Gamboru Ngala Road, where President Tinubu was represented by Vice President Senator Kashim Shettima.
The Vice President said the rehabilitation of the roads would improve connectivity and deliver on the administration’s commitment to infrastructure development across the country.
“His Excellency, President Bola Ahmed Tinubu, GCFR, has made infrastructure a central priority. This is what Mr. President promised Nigerians, and I’m here today to affirm our readiness to redeem the promise and to convey his goodwill and gratitude for the support you have shown us,” Shettima said.
“The Bama–Banki Corridor carries special strategic weight. It is a top route of agriculture, movement, and national security. The Dikwa–Gamboru Ngala Road belongs to the same vision of reconnecting communities and restoring economic confidence across Borno State.”
The President also commended Borno State Governor, Professor Babagana Zulum, for prioritising infrastructure and maintaining a strong partnership with the Federal Government.
“The partnership between the Federal Government and Borno State shows what becomes possible when public institutions are united by the urgency of service. Certainly, Your Excellency, Professor Babagana Umara Zulum, you are one of the best-performing governors in the federation,” Tinubu stated.
Governor Zulum expressed appreciation to President Tinubu for approving the road projects and other critical interventions in Borno State.
“The successful commencement of this project reflects the strong partnership between the Federal Government and the Borno State Government. We deeply appreciate and remain eternally grateful to the President of the Federal Republic of Nigeria, President Bola Ahmed Tinubu, GCFR, for his unwavering commitment to the development, peace, and security of the North East and Nigeria as a whole.
“Borno State Government recognizes that infrastructure remains a critical foundation for development. Since assuming office, our administration has prioritized the rehabilitation and construction of roads, schools, hospitals, water facilities, and other critical infrastructure as part of our commitment to improving the lives of our citizens,” he added.
Governor Zulum also pledged the state’s political support for President Tinubu in the next presidential election.
“I want to assure the President and indeed the Vice President that, Insha Allah, come January 2027, the people of Borno State will overwhelmingly vote him into office.”
The Governor equally praised his representative Vice President Shettima for his sustained support towards the reconstruction and development of Borno State.
“Your Excellency, your personal interest in the reconstruction and development of our state continues to inspire confidence among our people. We sincerely appreciate your leadership and steadfast commitment.” said Zulum.
Zulum also acknowledged the humanitarian contributions of Alhaji Aliko Dangote, particularly through the Aliko Dangote Foundation, during the state’s recovery from insurgency and the 2024 flood disaster.
He recalled the construction of Dangote Village, the donation of ₦1.5 billion to the National Emergency Management Agency (NEMA), ₦1 billion to the Borno State Government following the 2024 flood, and the distribution of relief materials to internally displaced persons.
“Through the Aliko Dangote Foundation, thousands of displaced persons received food and non-food items. Essentially, in 2017, he donated 106 trucks of food to IDPs.
“Alhaji Aliko Dangote has also donated ₦1.5 billion to NEMA to support flood victims in Borno State in the year 2024.”
Governor Zulum assured that the road projects would be closely monitored to ensure value for money and strict compliance with quality standards. He also appealed to the Minister of Works to grant the Borno State Government a waiver to regulate the activities of heavy-duty truck drivers using the roads intermittently.
Earlier, the Minister of Works, Senator David Umahi, disclosed that the projects would be executed in two phases and expressed confidence that construction would be completed within six months.
The ceremony was attended by the Borno State Deputy Governor, Umar Kadafur; APC Deputy National Chairman (North), Hon. Ali Dalori; senators; members of the House of Representatives; the Shehu of Borno, represented by the Shehu of Dikwa; ministers; members of the Borno State House of Assembly; APC leaders; the Secretary to the State Government; the Head of Service; the Acting Chief of Staff; commissioners; heads of government agencies; and other dignitaries.
President Tinubu Flags Off the Construction of Dikwa–Gamboru Ngala, Bama–Banki International Road Projects
-
News2 years agoRoger Federer’s Shock as DNA Results Reveal Myla and Charlene Are Not His Biological Children
-
Opinions4 years agoTHE PLIGHT OF FARIDA
-
News1 year agoFAILED COUP IN BURKINA FASO: HOW TRAORÉ NARROWLY ESCAPED ASSASSINATION PLOT AMID FOREIGN INTERFERENCE CLAIMS
-
News2 years agoEYN: Rev. Billi, Distortion of History, and The Living Tamarind Tree
-
Opinions5 years agoPOLICE CHARGE ROOMS, A MINTING PRESS
-
ACADEMICS2 years agoA History of Biu” (2015) and The Lingering Bura-Pabir Question (1)
-
Columns2 years agoArmy University Biu: There is certain interest, but certainly not from Borno.
-
Politics1 year ago2027: Why Hon. Midala Balami Must Go, as Youths in Hawul and Asikira/Uba Federal Constituency Reject ₦500,000 as Sallah Gift
