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Woodhall Finance House Launches the Creative Currency Podcast with ₦1.5 Billion Sector Fund

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Woodhall Finance House Launches the Creative Currency Podcast with ₦1.5 Billion Sector Fund

By: Michael Mike

In a landmark collaboration to advance Nigeria’s creative economy, Woodhall Finance House, in partnership with the UK Government’s Department for Business and Trade, Polaris Bank, and the Lagos State Government have launched The Creative Currency Podcast, an initiative designed to serve as both a media platform and an economic catalyst for Nigeria’s creative economy.

Hosted by the British Deputy High Commissioner, Mr. Jonny Baxter, at his Lagos residence, the launch brought together senior policymakers, investors, development finance institutions, high-net-worth individuals, and leading creatives from across Africa. By weaving together capital flows, policy frameworks, and compelling narratives, the initiative seeks to unlock sustainable growth within Africa’s most vibrant export ecosystem.

Positioned at the nexus of finance, culture, and diplomacy, The Creative Currency Podcast aims to drive investment, strengthen cross-border partnerships, and reinforce the UK-Nigeria creative network as a catalyst for economic transformation.

The British Deputy High Commissioner Mr. Jonny Baxter emphasized the UK’s commitment to creative collaboration, he said: “The UK is proud to support Nigeria’s creative economy through long-term partnerships that combine innovation, investment, and cultural exchange. Through the Creative Industries Technical Working Group – a direct outcome of the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP) – and platforms such as The Creative Currency Podcast, we are deepening our commitment to creative collaboration. This is about creating real opportunities, building lasting partnerships, and empowering the next generation of African talent to thrive on the global stage.”

Lagos State Governor Babajide Sanwo-Olu represented by the Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs. Folashade Bada Ambrose, delivered a keynote address that underscored Lagos’s position as Africa’s creative capital.

A panel on financing Africa’s creative economy featured Executive Director, Polaris Bank, Mrs. Abimbola Ozomah, MD/CEO Helios Investment Partners, Sola Carrena, and President of Woodhall Capital, Mrs. Mojisola Hunponu-Wusu. The discussion emphasized the need for innovative financial instruments, including blended finance, factoring, and creative bonds, to unlock the sector’s economic potential.
As a bold commitment to Nigeria’s creative industry, Woodhall Finance House announced a ₦1.5 billion Creative Sector Fund aimed at supporting export-ready creative enterprises and growth-oriented SMEs across fashion, film, music, beauty, and digital arts.

This milestone was accompanied by a fireside chat exploring “UK-Nigeria Cultural Synergies to Drive Global Innovation and Transformation,”featuring Veekee James Atere, Creative Director Veekee James and Shoperikan, Shaffy Bello, Nigerian Film Actress and Singer and Mark Smithson, Country Director, UK’s Department for Business and Trade (DBT), who shared valuable insights on how cross-cultural collaboration can unlock new creative possibilities.

Commenting on the sector fund, Woodhall Capital Founder and President Mrs. Hunponu-Wusu stated: “Creativity is no longer an abstract asset, it is a bankable commodity and must be treated as such by policymakers, investors, and financiers. Nobody can tell the Nigerian story like we Nigerians, and nobody is coming to save us. If we want to see real change, we must build our own table, design our own systems, and finance our own narratives. Our ₦1.5 billion Creative Sector Fund is our commitment to doing just that: backing bold ideas, scaling creative businesses, and turning cultural capital into economic power.”

The evening culminated in a cultural exchange under the UK’s Jollof and Tea campaign, a symbolic fusion of Nigerian and British identities through cuisine, conversation, storytelling, and high-level networking. Guests connected over shared heritage and future ambitions, engaging in dynamic discussions around identity, investment, and the evolving global narrative of African creativity.

The Creative Currency Podcast is redefining the future of Africa’s creative economy, serving as a diplomatic instrument, transaction hub, and catalyst for structural reform. As global demand for African creativity continues to rise, platforms like this are essential for transforming visibility into viability and turning culture into capital.

Woodhall Finance House Launches the Creative Currency Podcast with ₦1.5 Billion Sector Fund

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Police arrest officer in Lagos over alleged N915,000 rice fraud

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Police arrest officer in Lagos over alleged N915,000 rice fraud

By: Zagazola Makama

The Police Command in Lagos State has arrested a serving officer over alleged fraud involving N915,000 in a failed rice supply deal.

Sources said the case was reported on Sept. 11 at about 2:34 p.m.

According to sources, it was alleged that a Complainant (name witheld) in January 2024, gave a Police Inspector attached to Lagos State Command, the sum of N915,000 to supply 20 bags of rice.

“Ever since she received the money, she went into hiding until she was traced to her residence at Olusosun area of Ojota and brought to the station,” said the sources.

The sources added that on interrogation, the officer admitted to the crime and had been detained for appropriate disciplinary action.

The sources said investigation into the case was ongoing.

Police arrest officer in Lagos over alleged N915,000 rice fraud

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Addressing Security Concerns at UMTH: Clarifying Misunderstandings

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Addressing Security Concerns at UMTH: Clarifying Misunderstandings

By: Lazarus Balami

The University of Maiduguri Teaching Hospital (UMTH) has recently faced concerns regarding the allegedly restricted access of patients’ relatives to hospital wards due to security issues.

Earlier reports, including one by Zagazola Makama, have suggested that the gates at the hospital have been closed to limit entry. 

NEWSng, however, reports that this summary of the situation does not fully represent the complexities involved that informed the measures taken. 

The primary reason for these measures relates to rising security incidents within the hospital. It has been reported that thieves, posing as patients’ relatives, have managed to gain unauthorized access to the wards and steal phones and other valuables of patients and their relatives. 

These individuals have exploited the vulnerabilities in the hospital’s entry protocols to commit theft and other illegal activities. 

Such incidents have understandably raised alarm among hospital management and staff, prompting them to take action to ensure the safety of all patients and visitors.

Another source from the hospital confirmed that it was in response to these security breaches that the hospital security team took a proactive measure.

They have implemented stricter security measures, including monitoring the entrances more closely and conducting regular patrols within the hospital premises. 

The situation has improved after security personnel apprehended several suspects involved in these criminal activities. 

These individuals were handed over to the Gwange Police Station for further investigation and legal action.” The source said. 

NEWSng reports that the actions taken by the security team demonstrate the hospital’s commitment to not only providing medical care but also ensuring a safe environment for its patients and their families. 

 It is, therefore, crucial to clarify that access to wards has not been entirely closed off. The hospital continues to prioritize patient care and recognizes the importance of having family members present to support their loved ones. 

Security measures are designed not to alienate relatives but to protect them and the hospital community. Procedures may be more stringent, but they aim to safeguard both patients and visitors from potential harm.

Communication is vital in these situations. The media should seek clarity of information before reaching out to the public.

The hospital administration is also doing the necessary to ensure that information reaches the public effectively, alleviating concerns about restricted access.

Transparent communication can help foster understanding among relatives, patients, and hospital staff, thereby reinforcing trust. 

Addressing Security Concerns at UMTH: Clarifying Misunderstandings

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Troops of Op-MESA intercepts nine illegal immigrants in Ogun

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Troops of Op-MESA intercepts nine illegal immigrants in Ogun

By: Zagazola Makama

Troops of Operation MESA have intercepted nine suspected illegal immigrants in Ogun State.

Sources who confirmed the developments to Zagazola said the interception took place on Sept. 11 at about 6:00 a.m. when Op-MESA Team 9, led by ASP Vincent Ohilebo, was on duty at the Laderin pin-down point near the Immigration office.

“The nine intercepted persons, all male, confessed to being illegal immigrants.

“They were immediately handed over to the Nigeria Immigration Service through its officer, Prince Omotola Adefemi, for necessary action,” said the sources.

The sources added that security agencies remained on alert to check the influx of irregular migrants into the state.

Troops of Op-MESA intercepts nine illegal immigrants in Ogun

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