News
Woodhall Finance House Launches the Creative Currency Podcast with ₦1.5 Billion Sector Fund
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
News
Army troops restore calm after farmers, herders clash in Sokoto
Army troops restore calm after farmers, herders clash in Sokoto
By: Zagazola Makama
The troops of Operation FANSAN YANMA have restored normalcy to Karangiya and Danjawo villages in Silame Local Government Area following a violent clash between farmers and herders on Sunday.
Zagazola reliably informed by sources that the clash erupted at about 9 a.m. over alleged cultivation of farmlands along cattle routes.
According to the sources, the altercation between Hausa farmers from Karangiya and Fulani herders from Danjawo escalated into violence before security operatives intervened.
The troops swiftly moved to the scene to restore order.
Nine people from both sides five farmers and four herders sustained varying degrees of injuries. Five were treated and discharged at the Silame General Hospital, while three others are still receiving treatment.
The Chairman of Silame Local Government Area has convened an emergency stakeholders’ meeting to find a lasting solution to the dispute.
Intensive patrols and surveillance have been intensified in the affected communities, while calm has been restored.
Army troops restore calm after farmers, herders clash in Sokoto
News
WANEP Hosts National Briefing on Rising Concerns of Religious Radicalism•Highlights risks of unregulated Madrassas in Nigeria
WANEP Hosts National Briefing on Rising Concerns of Religious Radicalism
•Highlights risks of unregulated Madrassas in Nigeria
By: Michael Mike
The West Africa Network for Peacebuilding (WANEP), under the EU-supported Research and Action for Peace (REcAP) program, hosted a national deliberative briefing to present key findings from two studies exploring the ideological, cultural, and security implications of madrassas in both Northern and Southwestern Nigeria.
This was disclosed in a statement made available on Monday by Mr Emmanuel Ami-Okhani, the representative of the West Africa Network for Peacebuilding (WANEP) in Nigeria.
The session was attended by policymakers, researchers, civil society actors, and security stakeholders, focused on understanding how religious education intersects with radical ideologies, external funding, and youth identity in Nigeria.
The REcAP project, implemented by WANEP in partnership with the Danish Refugee Council (DRC) and the Stockholm International Peace Research Institute (SIPRI), aims to strengthen the role of civil society and research in shaping effective responses to conflict, violent extremism, and peacebuilding across West Africa and the Lake Chad Basin.
One of the working paper presentations of a major study titled “Madrasas, Charities and Religious Radicalism in Northern Nigeria: A Study of the Almajiri System,” authored by Prof. Freedom Onuoha, Dr Saheed Babajide Owonikoko, and Dr Chukwuma Okoli, explored the theological foundations and operational structures of the Almajiri system, particularly in Abuja, Kano, and Borno states, regions selected for their population size, security relevance, and Islamic education presence.

The research highlighted that the Almajiri system, rooted in the Arabic term al-muhajirun (meaning “to migrate for knowledge”), has historically served as a respected Islamic education platform but has since suffered neglect, a lack of regulation, and infiltration by unverified foreign actors.
According to Owonikoko, who presented the paper, the study found evidence of informal funding from foreign religious charities, mainly from the Middle East. Still, it warned that such support is largely undocumented, making it difficult to monitor for extremist influence.
He disclosed that, based on interviews conducted with school custodians, scholars, former Almajiri students, and security agents, a key concern is the lack of transparency surrounding financial donations and the ideological content introduced by some foreign-linked clerics.
He cited historical and contemporary cases where charities from countries like Saudi Arabia and Iran supported specific sectarian ideologies within Almajiri schools. However, direct links between this support and actual radicalisation remain hard to legally establish due to the clandestine nature of donations.
Owonikoko noted during the presentation that “most Almajiri schools are not documented or supervised, making them vulnerable to ideological manipulation through informal funding channels.”
“While the majority of Almajiri students are peaceful and focused on Quranic education, the lack of structure creates loopholes that can be exploited by extremist elements.”
A second study titled “Madrassas and Islamic Extremism among Teenage Muslim Students in Southwestern Nigeria” was presented by Dr Busari Dauda of the University of Ilorin. Co-authored with Dr Alatise Remi Kasalla from Osogbo, provided an empirical view of how madrassas are shaping youth religious identity in the South-West amidst growing ideological influences from the Middle East.
Unlike the Northern context, madrassas in Ilorin, Ibadan, and Osogbo were found to be more structured, often registered with education ministries and integrated into Yoruba Islamic cultural life, Dr Dauda revealed.
However, the study noted that sectarian interests and prestige-seeking among madrassa founders contribute to the proliferation of ideologically driven schools. Economic motivations and cultural acceptance also play significant roles in their expansion.
Dauda, during his presentation, stressed that, while the study found no widespread evidence of violent radicalisation, it did highlight growing perceptions of global injustice among teenage students, particularly around issues like the Palestinian conflict and Western treatment of Muslims.
He said, these sentiments, amplified by digital media and foreign ideological narratives, shape how young Muslims interpret their religious and social identity.
Dauda emphasised that “extremism is not part of the curriculum, but ideological influences can filter in through sect-based teachings and global narratives of Muslim victimhood.”
WANEP Hosts National Briefing on Rising Concerns of Religious Radicalism
•Highlights risks of unregulated Madrassas in Nigeria
News
Army troops recover 70 rustled livestock after gun duel with bandits in Katsina
Army troops recover 70 rustled livestock after gun duel with bandits in Katsina
By: Zagazola Makama
Army troops of Operation FANSAN YANMA in Katsina have recovered 70 goats and several sheep after engaging suspected bandits in a fierce gun battle in Bakori Local Government Area of the state.
Sources indicated that the incident occurred on Oct. 25, 2025, at about 11:50 p.m., when armed men suspected to be bandits loyal to a notorious leader known as “Abaku Aiki” who reportedly distanced himself from the recent peace accord invaded Ganjar and Alhazawa, two remote villages under Bakori LGA.
The bandits reportedly kidnapped an unspecified number of residents and rustled several domestic animals during the attack.
The troops in collaboration with other security agencies intercepted the bandits at Laila Forest. A sustained exchange of gunfire ensued, forcing the criminals to abandon the stolen animals and flee into the forest.
The sources confirmed that 70 goats and some sheep were successfully recovered, while efforts are ongoing to track the fleeing bandits and rescue the abducted victims.
The troops assured residents of continuous patrol and collaboration with security agencies to ensure peace and stability in the area.
Army troops recover 70 rustled livestock after gun duel with bandits in Katsina
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