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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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Borno: Zulum distributes farm tools, commissions school in Damasak

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Borno: Zulum distributes farm tools, commissions school in Damasak

By: Our Reporter

Borno State Governor, Professor Babagana Umara Zulum, on Sunday, distributed farm tools to farmers and commissioned a new high Islamic school in Damasak, headquarters of Mobbar Local Government Area.

Governor Zulum was accompanied by the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, and the Minister of Agriculture and Food Security, Senator Abubakar Kyari.

Zulum’s agricultural intervention aimed to boost dry-season farming and enhance the livelihoods of returnees who are gradually resettling in the community.

Zulum said, “From the beginning of this administration, dry season irrigation farming was adopted as a strategic component of the state’s food security framework. Recognising the limitations of rain-fed agriculture in the context of climate variability, insecurity, and population growth, the government implemented a dual-season production strategy to ensure year-round farming.”

He added, “Today’s distribution of 1,000 solar-powered water pumps and 200 complete tubewell drilling kits build upon earlier targeted interventions in Damasak and surrounding communities, including irrigation infrastructure development, mechanisation services, farmer-training, cooperative support, and security stabilisation measures.”

He stated, “The state remains aligned with the Presidential Food Systems Coordinating Unit and continues collaboration with relevant Federal Ministries and development partners to strengthen agricultural productivity, processing, and market integration.”

At the commissioning of the newly constructed high Islamic school, Zulum noted, “the commissioning of the Higher Islamic College, Damasak, represents a major milestone in the state government’s policy to expand and modernise sangaya education across Borno State. This intervention reflects our commitment to building an inclusive education system that integrates spiritual development with academic and vocational advancement.”

“All Higher Islamic Colleges operate under the approved curriculum of the National Board for Arabic and Islamic Studies (NBAIS), enabling students to obtain O-Level equivalent certification and pursue further education where desired.”

In his remarks, the commissioner of education, Engr Lawan Abba Wakilbe, underscores Governor Zulum’s giant strides, stating, “this institution forms part of a wider education recovery and expansion programme implemented across Borno State. Under the leadership of His Excellency,”

“The state has constructed One Hundred and Four (104) Mega Schools, rehabilitated and remodelled One Thousand and Eighty-Seven (1,087) classrooms, executed major works in forty (40) additional schools, restored thirty (30) flood-affected schools, and delivered numerous classroom projects through the State Universal Basic Education Board.”

“These strategic investments have yielded measurable progress. The number of out-of-school children has declined significantly from approximately 2.2 million to fewer than Eight Hundred Thousand (800,000). Current enrolment for the 2025 academic year stands at One Million Four Hundred and Eighteen thousand two hundred and seventy-nine (1,418,279) learners, with further increases expected as Women Leader, Hajiya Fati Alkali Kakenna.

Borno: Zulum distributes farm tools, commissions school in Damasak

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Air-ground offensive foils Kukawa attack, destroys gun trucks

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Air-ground offensive foils Kukawa attack, destroys gun trucks

By: Zagazola Makama

Troops have thwarted a coordinated multi-pronged terrorist assault on positions in Kukawa after a prolonged overnight battle supported by air strikes.

Military sources said the attackers, mounted on gun trucks, motorcycles and on foot, launched the assault from multiple directions late on Feb. 20.

Troops mounted a determined defence, engaging the insurgents in intense combat that lasted into the early hours of Feb. 21 before forcing them to withdraw while dragging away casualties.

Air strikes later destroyed one gun truck and several motorcycles carrying fleeing fighters, neutralising additional terrorists.

During follow-up exploitation, troops recovered 13 AK-47 rifles, 16 loaded magazines, three handheld radios, and other items believed to have been used by the attackers, as well as evidence of casualties evacuated by the group.

One soldier was killed during the encounter, while some equipment was damaged by rocket fire. Injured personnel were evacuated and are reported to be in stable condition.

Military authorities said the coordinated operations demonstrated sustained pressure on insurgent elements and continued efforts to degrade their combat capability across the theatre.

Air-ground offensive foils Kukawa attack, destroys gun trucks

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Police officer dies, 17 injured in auto crash along Potiskum–Bauchi road

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Police officer dies, 17 injured in auto crash along Potiskum–Bauchi road

By: Zagazola Makama

A senior police officer has died while 17 other passengers sustained injuries following a road accident along the Potiskum–Bauchi highway in Yobe State.

Sources said the crash occurred at about 3:15 p.m. on Feb. 21 near the bye-pass roundabout area of PKM on the outskirts of Potiskum.

The vehicle, a Toyota Hummer Bus belonging to Borno Express and conveying 18 passengers from Kaduna to Maiduguri, reportedly lost control after the rear tyre rim on the passenger side suddenly detached.

According to the sources , the driver veered off the road into a bush, resulting in fatal and multiple injuries.

One of the passengers, ACP Abubakar Ibrahim Balteh, 45, attached to the Borno State Police Command, sustained a severe head injury and died on the spot.

Two male and two female passengers escaped unhurt, while 13 others suffered serious injuries of varying degrees.

The injured victims and the deceased were evacuated to the General Hospital Potiskum for treatment and autopsy.

Police officer dies, 17 injured in auto crash along Potiskum–Bauchi road

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