Business
UBA Launches Positive Innovation Hub at UNILAG Campus
UBA Unveils UNILAG Innovation Hub launched as United Bank for Africa opens a renovated facility and funds research collaboration at the University of Lagos
United Bank for Africa Plc has inaugurated a renovated four-storey business office and innovation hub at the University of Lagos (UNILAG), strengthening its long-standing partnership with the academic institution in Lagos, Nigeria.
Also read: UBA Pushes Healthcare Sector Investment at ANPA America Event
The new facility is expected to serve more than 80,000 customers within the university community, offering expanded banking services alongside innovation-driven support for students and staff.
Speaking at the unveiling ceremony, UBA Group Managing Director, Oliver Alawuba, described the project as a landmark development that reflects the growing collaboration between the financial sector and higher education in Nigeria.
Alawuba noted that UBA established its first branch at UNILAG in 1969, adding that the new development represents a continuation of a decades-long relationship between both institutions.
He emphasised that the partnership would extend beyond traditional banking services into education and innovation support.
The bank also announced a N60 million donation towards the UBA Professorial Chair in Finance Research at UNILAG, aimed at strengthening academic research and promoting industry-based collaboration.
UNILAG Vice-Chancellor, Professor Folasade Ogunsola, described the project as a powerful example of private sector involvement in educational development, stating that the initiative goes beyond infrastructure and represents meaningful institutional cooperation.
Professor Adedoyin Lawal, who holds the UBA Professorial Chair in Finance, said the programme would focus on research, mentoring, curriculum development and fintech-driven learning.
He added that efforts had already begun to integrate financial technology courses across undergraduate and postgraduate programmes.
Also read: UBA Business Series Promotes Women’s Enterprise, Leadership
The development is expected to deepen industry-academic ties and equip students with practical skills aligned with evolving financial and technological trends.
Business
ISAT Group Rebrands, Partners Afro Mobile to Launch High-Speed Broadband Services in Nigeria by Q3 2026
New identity signals bold expansion as landmark investment accelerates affordable, high-speed connectivity for millions of Nigerians.
Nigeria’s digital economy is set for a major boost as ISAT Group unveiled a new corporate identity and announced a strategic alliance with Afro Mobile, ahead of its Q3 2026 commercial launch.
The partnership is underpinned by Afro Mobile’s acquisition of a 40% equity stake in ISAT Group and a US$3 billion financing package structured by Equiline Finance, positioning the alliance among the largest indigenous broadband investment initiatives in Nigeria’s telecommunications sector.
The rebranding marks ISAT Group’s evolution into a next-generation digital connectivity company focused on broadband, satellite communications and enterprise solutions. Together, the partners will expand affordable, high-speed internet access to homes, businesses, government institutions and underserved communities nationwide.
ISAT Group Chief Executive Officer, Dr. Adeyanju Binuyo, described the development as a transformational milestone.
“Our vision extends beyond connectivity. We are building the digital infrastructure that will power businesses, connect communities, stimulate innovation and accelerate Nigeria’s digital economy. This partnership demonstrates our commitment to making world-class broadband accessible to every Nigerian.”
Group Chairman, Mr. Ganiyou AFOLABI Moustapha, said the alliance reflects ISAT Group’s long-term confidence in Nigeria’s future.
“This investment is a strong vote of confidence in Nigeria’s digital economy. Together with Afro Mobile, we are building a resilient indigenous broadband platform that will create jobs, drive innovation and support inclusive national development.”
With operations commencing in Q3 2026, ISAT Group and Afro Mobile are poised to emerge as a leading indigenous broadband provider, delivering next-generation connectivity that will help bridge Nigeria’s digital divide and power the country’s next phase of economic growth.
Business
UBA Foundation Drives Environmental Awareness with Tree Planting in Lagos Schools for WED 2026
UBA Foundation tree planting initiative marks World Environment Day 2026 with sustainability drive across Lagos schools to promote climate action
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