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Islamic Banking: 20 Bold Innovative Startups Compete for ₦5m in AICIF Pitch Challenge

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Islamic Banking: 20 Bold Innovative Startups Compete for ₦5m in AICIF Pitch Challenge

By: Michael Mike

The 2025 African International Conference on Islamic Finance (AICIF) Pitch Competition has highlighted 20 innovative startups competing for ₦5 million in grants, as Africa accelerates its efforts to nurture ethical, impact-driven enterprises.

Held in Abuja at the weekend as a precursor to the 7th AICIF scheduled for November, the competition drew over 200 applications from across the continent before narrowing down to 20 finalists—10 focused on tech innovations and 10 on social impact.

Speaking at the event, Hajia Ummahani Ahmad Amin, Convener of AICIF Nigeria and Managing Partner at Metropolitan Law Firm, described the initiative as more than just a contest.

She said: “Today, we celebrate creativity, resilience, and the power of ideas. These young entrepreneurs are not just pitching businesses; they are presenting Africa’s future. Their solutions can create jobs, reshape industries, and drive social impact.”

The startups—ranging from halal-tech platforms to ethical investment solutions—were assessed by a panel of judges on innovation, scalability, and alignment with Islamic finance principles.

Director at the Securities and Exchange Commission (SEC), Mr Abdulkadir Abbas, praised the quality of entries, noting:

“The passion, commitment, and innovation displayed are remarkable. It will be a tough task for the judges to choose winners. What we are witnessing here is the essence of ethical entrepreneurship.”

Abbas added that the SEC has already created frameworks for small businesses to access funding through crowdfunding and other Sharia-compliant instruments, underscoring the regulator’s commitment to the non-interest finance sector.

Managing Director of Metropolitan Skills Ltd, Ms Yinlaifa Edolo, on her part, said the competition provides breathing space for startups to scale responsibly.

She explained that: “This grant is not about loans or debts. It is about giving entrepreneurs room to innovate, grow, and build businesses grounded in fairness and social responsibility.”

Associate Director at First Trustees, Mr Abimbola Ajinibi, emphasised the importance of focusing on SMEs:

“Small businesses are Africa’s economic backbone, but often lack access to affordable capital. By leveraging halal finance instruments like Waqf, Sukuk, and ethical crowdfunding, we can help them expand without exploitative interest rates.”

One finalist, reflecting on the opportunity, called the experience “life-changing”:

“Access to funding is the biggest barrier for startups like ours. This competition doesn’t just provide money—it gives us visibility, mentorship, and credibility.”

Since its inception in 2018, AICIF has grown into Africa’s leading Islamic finance platform, uniting policymakers, regulators, academics, and entrepreneurs. The pitch competition, now in its 7th edition, reinforces its mission of mainstreaming ethical finance while fueling innovation that serves communities.

As judges deliberate and finalists await the announcement of winners, the atmosphere is charged with hope that some of Africa’s boldest innovators will soon transform their ideas into enterprises capable of reshaping the continent’s economic and social future.

Islamic Banking: 20 Bold Innovative Startups Compete for ₦5m in AICIF Pitch Challenge

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NIS Announces Likely Interruptions in Digital Passport Platform Due to Maintenance

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NIS Announces Likely Interruptions in Digital Passport Platform Due to Maintenance

By: Michael Mike

The Nigeria Immigration Service (NIS) has announced the maintenance of its Passport Digital Platform which may lead temporary interruptions in some passport services.

The maintenance which would be for some hours between December 12 and 16, according to a signed statement by the spokesman of NIS, Akinsola Akinlabi is to enhance system performance and overall user experience.

The statement read: “The Nigeria Immigration Service wishes to inform the general public that it is carrying out routine maintenance on its Passport Digital Platform to enhance system performance and overall user experience.

“The maintenance window will run from 12:00am on 12 December 2025 to 6:00am on 14 December 2025 (GMT). During this period, users will experience temporary service interruptions, slow response times, or limited access to selected NIS Passport Services.

“The Service kindly requests the public’s patience and understanding as this maintenance is essential to sustaining a reliable, secure, and efficient digital passport ecosystem. Our technical teams are working round-the-clock to ensure full-service restoration within the stated timeframe.”

Akinlabi however advised that for inquiries or assistance during the maintenance window, users may contact the NIS Support Team through the following channels:

•⁠ ⁠Email: support@immigration.gov.ng

•⁠ ⁠X (Twitter): @nigimmigration

•⁠ ⁠Instagram: @nigimmigration

•⁠ Facebook: @nigimmigration

•⁠ Contact Center Numbers: 09121900655, 09121556359, 09121477092 (24hrs All day).

NIS Announces Likely Interruptions in Digital Passport Platform Due to Maintenance

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Nigeria’s North Poised for Transformation as New Analysis Shows Investing in Girls Could Yield Massive Returns

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Nigeria’s North Poised for Transformation as New Analysis Shows Investing in Girls Could Yield Massive Returns

By: Michael Mike

A groundbreaking new policy brief has revealed that investing in adolescent girls in Northern Nigeria could deliver life-changing gains for young women and multibillion-dollar returns for the country.

The latest findings support what experts have long argued: that educating girls is not just a social imperative but one of the highest-yielding economic investments Nigeria can make.

According to the new analysis, scaling up proven programmes in Kano and Kaduna States with an investment of US$ 114 million over four years would reach 1.1 million adolescent girls and generates 3.9 million additional years of schooling averts 327,000 child marriages, prevents 383,000 adolescent pregnancies, saves 3,651 adolescent mothers’ lives, reduces 35,675 under-five deaths and delivers an astonishing 21-to-1 return on investment, valued at $2.5 billion

Policymakers are calling the findings a “wake-up call” for national and state governments and an opportunity Nigeria cannot afford to miss.

Despite progress in some parts of the country, millions of Nigerian girls especially in the North still face interrupted education. More than 7.6 million girls are out of school, half of them in the Northwest and Northeast. And while the national secondary school completion rate hovers at 34%, it is just 28% in the Northwest.

The consequences are immediate and generational. Girls without schooling face earlier marriage (median age 16.6 with no education vs. 21.7 for those completing secondary school), higher risk of intimate partner violence, reduced decision-making power Increased risk of maternal complications and death, a greater likelihood of having stunted or malnourished children

Unfortunately, these outcomes reverberate through communities, reinforcing cycles of poverty, poor health, and limited opportunity.

But fortunately, Northern Nigeria is not starting from scratch. The Centre for Girls’ Education (CGE) in Kaduna has spent over a decade pioneering targeted, evidence-backed models that are now informing national policy.

The Executive Director of the Centre for Girls’ Education (CGE), Habiba Mohammed, delivered an urgent call for Nigeria to expand opportunities for every girl—whether in school, out of school, married, young, or facing barriers to further education.

She said educating girls is the foundation for safer communities, stronger families, and a more prosperous nation.

Speaking to policymakers, development partners, teachers, and community members, Mohammed outlined CGE’s comprehensive approach to supporting girls aged 4 to 24, emphasizing that the organization “works with girls at every stage” from preschoolers to married adolescents, from girls seeking vocational skills to those aiming for careers in STEM.

CGE’s model blends literacy, numeracy, life skills, vocational training, and mentorship in safe spaces across communities and schools.

She said: “We train teachers to become mentors. This gives us ripple effects indirect beneficiaries who carry forward the skills and knowledge.”

The organisation works hand-in-hand with community leaders, religious leaders, parents, husbands of married adolescents, school heads, and government officials, ensuring interventions align with local realities.

CGE also collaborates closely with local government education authorities to secure school placements for girls returning to the classroom and to ensure smooth transitions from one level of schooling to the next.

“We don’t want a situation where girls drop out. When girls learn, the possibility of them being retained in school is very high,” she said.

Mohammed highlighted the story of Sakina, a CGE beneficiary who used her voice to spark policy change.

During an advocacy visit supported by the Malala Fund, Sakina told the former governor of Kaduna State:

“I have achieved something, but I have sisters out there who need the same opportunity. School fees are stopping many girls.”

Her plea moved the governor to scrap school fees for all children girls and boys from primary through senior secondary school. The reform became reality, opening classrooms to thousands of learners.

“The voice of the girl was powerful,” Mohammed said. “When we get the right stakeholders, no girl will be left behind.”At CGE, girls are not passive recipients they are activists.

“We believe in the slogan: nothing for us without us,” Mohammed said. “We train our girls to use their voices to speak to policymakers.”

Girls supported by CGE appear on radio and TV, advocate in Hausa and English, and speak publicly about why they want education and why it is a fundamental right.

Addressing the barriers faced by married adolescents, Mohammed shared her own story of completing university while raising three children:

“I was eight months pregnant with my first child when I started university… and before I graduated, I had three children. It did not stop me.”

She stressed that married girls can thrive academically if given supportive environments including child care options, mentorship, and encouragement from family members.

“Our mothers-in-law, co-wives, and extended families can help us continue,” she said. “The issue is understanding not control.”

According to her, girls trained in CGE safe spaces develop the life skills to navigate complex family dynamics. “When you see them, everybody wants to be like them.”

Security threats from community clashes to insurgency remain a challenge. While CGE cannot enforce security, Mohammed said community partnerships are critical.

“Our focal persons inform us immediately if there is a conflict. The safety of mentors, staff, and girls is a priority.”

Communities themselves provide protection and ensure that programmes continue when conditions are safe.

Mohammed urged state governments to develop concrete policies that allow girls who married early or became pregnant to return to school seamlessly.

“Every girl who wants to go back to school should find the door open,” she said.

She pointed to CGE research showing that transition from primary to secondary school was once only 4% in programme communities. But after just one year of life skills intervention, 82% of girls re-enrolled.

“This shows what can happen when girls gain confidence and support,” she said. “Now it is the responsibility of government to create space for every girl.”

“Issues of early marriage will be history. Issues of girls not going to school will be history. Issues of gender-based violence, Boko Haram, kidnapping all will be history in Nigeria. The only thing we need is to educate the girl child.”

Mohammed emphasized that the goal is not to position education against marriage, but to ensure that girls enter both on their own terms, prepared, informed, and empowered.

“Marriage does not stop education, and education does not stop marriage”

Mohammed challenged the widespread belief that schooling and marriage are mutually exclusive for girls in Northern Nigeria. Instead, she argued that girls should marry “at an appropriate age, when she is ready”and that readiness is most often achieved when they complete secondary education.

“For us, it is not the age, it is the maturity,” she said. “If a girl is able to marry after completion of secondary school, she is ready.”

“A girl who is able to go through a life skills component… will understand that she has a voice. She can use her voice,” she said.

According to her, stigma loses its power when girls develop self-confidence and resilience. “Even if it is there, it will not stop her from achieving her goals.”

CGE’s life skills curriculum includes lessons on self-esteem, communication, goal setting, and managing emotional and psychological challenges such as trauma from gender based violence.

Mohammed also discussed CGE’s innovative approach to literacy, supported by the Jolie-Phoenix phonics component, which transforms learning into an interactive, fun experience.

“It is a fun way of learning. The participants learn between songs,” she explained.

She noted that the approach has yielded success, particularly for girls who previously struggled with literacy, stating that phonics-based lessons enable girls to read and write, adding that local -language numeracy makes mathematics easier to grasp, being able to read signs in hospitals, on the road, or at school motivates girls to stay in school; peer learning allows fast learners to support slower learners, strengthening community bonds and accelerating progress.

Mohammed said: “In Hausa, they want to see the end of that education,” describing the sense of achievement girls feel when they can read independently.

She noted that effective teacher training is absolutely critical and that “no teacher is untrainable.”

From her experience recruiting mentors from public schools, she recounted how educators who initially struggled quickly transformed with the right training:

CGE’s life skills curriculum also includes modules to support survivors of rape, domestic abuse, and other forms of gender-based violence. These sessions help girls rebuild emotional strength and regain control of their lives.

“They can be able to do better with their emotions,” habiba explained. “They can be able to help themselves out of the situation they found themselves in.”

She appeal for collaboration among government agencies, civil society, donors, teachers, traditional leaders, and parents.

“If we put our hands and heads together, not working in silos… we will be able to reach where we want to go about girls’ education,” she said.

CGE’s model continues to demonstrate that when girls are nurtured academically, emotionally, and socially, they thrive regardless of the stigma or barriers around them.

Nigeria’s North Poised for Transformation as New Analysis Shows Investing in Girls Could Yield Massive Returns

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Lincoln University, Kumo launches admission portal, pledges commitment to quality education

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Lincoln University, Kumo launches admission portal, pledges commitment to quality education

Prof. Adamu Sadiq Abubakar, the Vice Chancellor of Lincoln University Kumo, the first foreign university in Nigeria, licensed by the National Universities Commission (NUC) has opened its admission portal for the enrolment of students for the 2025/2026 academic session.

Abubakar, who made the announcement at a news conference at the school premises in Kumo, Akko Local Government Area of Gombe State, described the development as a significant milestone, noting that Lincoln University Kumo is the first institution to operate in Nigeria under the Transnational Education (TNE) model.

He said applications could be completed through the university’s portal, after which qualified applicants will receive admission within five working days and upon graduation, students would earn foreign-certified degrees while studying locally in Nigeria.

According to him, the institution was established through a public-private partnership between the Gombe State Government and Lincoln University Malaysia.
“The university currently operates three faculties Medicine and Allied Health Sciences; Sciences and Computing; and Management and Social Sciences—with programmes including Medicine (MD/MBBS), Nursing, Public Health, Community Health, Radiography and Medical Imaging, Health Information Management, Microbiology, Biochemistry, Biomedical Science, IT, Cybersecurity, Business Administration, Accounting, Oil and Gas Management, and Mass Communication,’’the Vice Chancellor said.

Abubakar lauded Gov. Inuwa Yahaya of Gombe State for providing the enabling environment that facilitated the smooth take-off of the institution.

Speaking via Zoom, the President and Founder of Lincoln University College Malaysia, Professor Amiya Bhaumik, described the launch of admissions as a historic moment for the university.
Bhaumik assured that the quality of education delivered in Kumo would match what students receive at the university’s headquarters in Malaysia.

He said the university was founded on the belief that everyone has a right to quality education and expressed gratitude to the Gombe State Government for its support.

The institution’s President added that Lincoln University’s programmes were globally recognised, enabling graduates to compete internationally and pursue global entrepreneurship, stressing that Lincoln trains students to become job creators rather than job seekers.

Also speaking, the Vice President and CEO of Lincoln University Nigeria, Dr. Murtadho Alao, highlighted the university’s global rankings and accreditation by the Malaysian Qualifications Agency, Times Higher Education, and QS World Rankings.
He said the TNE model offered Nigerians an affordable alternative to foreign education while still earning an internationally recognised degree.

Alao explained that tuition fees range from ₦100,000 to ₦150,000 per semester, with scholarships of at least 50% for all Nigerians and up to 60% for Gombe indigenes.
He said the institution’s curriculum integrates Practical Class Assessment (PCA) and Practical Skill Application (PSA) to equip students with employability and entrepreneurial skills.

Lincoln University Kumo announced that it will run up to two admission intakes annually and reaffirmed its commitment to expanding access to quality education and building a generation of graduates capable of driving innovation, entrepreneurship, and socio-economic development in Nigeria.

Lincoln University, Kumo launches admission portal, pledges commitment to quality education

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