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“Where Are the Made-in-Nigeria Products?” — Zang Global CEO Challenges Innovators to Build Locally

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Zang Global Made in Nigeria

The Usiju Event Center in Jos buzzed with excitement as Zang Global Innovations officially unveiled its range of locally manufactured technology products, marking a major stride in Nigeria’s innovation journey.

The event, themed “Proudly Made in Nigeria – Powering Innovation, Empowering Lives,” brought together government officials, entrepreneurs, investors, and development partners who gathered to celebrate the rise of homegrown technology and industrial creativity.

In his keynote address, Mr. Zang Luka, Chief Executive Officer of Zang Global, shared the inspiration behind the company’s mission, rooted in a desire to see more Nigerian-made products in the global market.

“Our vision was born from one simple question — where are the made-in-Nigeria products? That question ignited our drive to produce indigenous, eco-friendly innovations right here in Nigeria,” he said.

Luka reaffirmed the company’s goal of creating 15,000 jobs across Africa by 2029 through youth training, innovation, and employment. He emphasized that Zang Global’s approach is focused on solving African problems with African solutions, promoting sustainability through e-waste recycling and green technology.

“The launch of our locally made USB cables and chargers is more than a product unveiling — it’s a movement of purpose, people, and progress,” he added.

Delivering a goodwill message, Mr. Samuel Gwott, General Manager of Plateau Express Service Limited, described Zang Global as a beacon of hope for Plateau State and Nigeria at large.

“This initiative is a refreshing contrast to the negative narratives often associated with our region. It’s a story of creativity, resilience, and entrepreneurship,” he said, pledging to purchase Zang Global products for his company and staff.

In his keynote remarks, Mr. Ezekiel Gomos, a business expert, commended Zang Global’s discipline and structure, which he said were critical ingredients for attracting investment.

“Great ideas require teamwork, integrity, and accountability. Even small investments can make a big difference when managed wisely,” he noted, urging young innovators to remain focused and committed.

Also speaking, Dr. Cletus Bako Shurkuk, Plateau State Commissioner for Science and Technology, hailed Zang Global as a model for youth-driven innovation. He pledged government support to enhance the state’s innovation ecosystem and announced forthcoming events — including the World Science Day for Development and Peace (November 10, 2025) and the Festival of Science, Technology, and Innovation — to further promote local inventors and creators.

A representative of the Amahoro Coalition, one of Zang Global’s development partners, highlighted Luka’s journey of resilience, noting his transformation from displacement to entrepreneurship through the Amahoro Fellowship Program, which provided mentorship, leadership training, and funding.

“Zang embodies the spirit of turning pain into purpose and adversity into opportunity,” the representative said.

The event culminated in the unveiling of Zang Global’s first line of products — including power banks (10,000mAh and 20,000mAh), USB cables, power adapters, and rechargeable lanterns — all proudly designed and manufactured in Jos, Nigeria.

With this groundbreaking launch, Zang Global Innovations has cemented its place as a leading voice in African-made technology — championing youth empowerment, environmental sustainability, and a self-reliant, innovation-driven future for the continent.

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Business

General Business to Drive 72% of Mutual Benefits Assurance’s Projected ₦96.82bn GWP

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BY NKECHI NAECHE-ESEZOBOR—Nigeria’s lead underwriter, Mutual Benefits Assurance Plc has protected a Gross Written Premium of ₦96.82 billion for the twelve months ending 31 December 2026.

According to notice released on the exchange, for dealing members and investors, the company’s insurance revenue, is projected to stand at ₦89.42 billion.

The company’s general business is expected to generate 72% of the projected GWP, while the Life arm of the group  will account for j28%.

Investment income would largely be driven by returns on its financial assets, with non-cash items such as depreciation of non-current assets, amortisation of intangible assets, and net fair value gains or losses on financial assets factored into its profit or loss and other comprehensive income statement.

On the profitability side, Mutual Benefits projects gross premium written of ₦96.82 billion and insurance revenue of ₦89.42 billion, against an insurance service expense of ₦81.56 billion. Net income from reinsurance contracts held is estimated at ₦802.64 million, bringing the insurance service result to ₦8.66 billion.

Net investment income is expected  to stand at ₦13.16 billion, while net insurance finance expenses are projected at ₦1.99 billion, resulting in net insurance and investment results of ₦19.84 billion. With other income of ₦237.03 million and total non-attributable expenses of ₦2.76 billion, the company expects a profit before income tax of ₦17.31 billion.

After an income tax expense of ₦1.90 billion, Mutual Benefits projects a full-year profit of ₦15.41 billion for the period under review.

The post General Business to Drive 72% of Mutual Benefits Assurance’s Projected ₦96.82bn GWP appeared first on Business Today NG.

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Court set to hear suit on turf battle between ICAN, forensic fraud investigators institute

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The Federal High Court in Abuja on Tuesday fixed Nov. 24 for hearing in a suit filed by the Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria (CIFCFIN) against the Institute of Chartered Accountants of Nigeria (ICAN).

CIFCFIN is challenging the power of ICAN to train and issue qualifying certificates to forensic professionals.

The matter, which is before Justice Joyce Abdulmalik, was initially scheduled for mention on Tuesday but the case was adjourned to enable parties appear properly before the court.

The News Agency of Nigeria (NAN) reports that CIFCFIN, through its counsel, Shaibu Aruwa, a Senior Advocate of Nigeria (SAN), sued ICAN as the sole defendant in the suit marked FHC/ABJ/CS/1559/2026.

CIFCFIN argued that ICAN cannot offer a “Certification Programme culminating in the award of Certified Forensic Accountant of Nigeria (CFAN).”

It submitted that this was in line with the combined interpretation of Sections 2(a) – (i),3(1)(a) and 4(a) – (c), 6(2), 12(2), 13, (1) () and (g), 17(1l) (a) and (b) and 22 of the Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria (Establishment) Act No. 45, 2022,

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Mohammed Arafat, the Head of Legal and Corporate Services of CIFCFIN, maintained in a supporting affidavit that ICAN’s invitation to applicants for a seven-day professional certification programme culminating in the award of Certified Forensic Accountant of Nigeria (CFAN), is outside its mandate and could confuse the general public.

The plaintiff alleged that ICAN had invited applicants in the fields of knowledge of chartered accountants, compliance managers, bankers, investment analysts, auditors, and anti-corruption agencies staff and other institutions to register for the programme.

CIFCFIN, therefore, prayed the court for an order setting aside and nullifying the award of the qualification or the CFAN certificate, or any other qualification or certificate in the field and practice of forensics in Nigeria by ICAN.

It urged the court to make an order for the defendant to withdraw, retract or cease any publication, gazette notice, or public representation asserting that it has power to certify or license.

CIFCFIN also sought an order of perpetual injunction restraining ICAN, its council, etc, from issuing, advertising or recognising CFAN qualification, designation, licence or certification or any title or award identical or similar to those created under the provisions of its Act.

It further sought a declaration that “by the combined provisions of Sections 2(a) -(i), 3(1)(a) and 4(a)- (c), 6(2), 12(2), 13, (1)(0) and (g), 17(1)(a) and (b) and 22 of the Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria (Establishment) Act No. 45. 2022, the defendant cannot offer ‘Certification Programme’ culminating in the award of CFAN.”

(NAN)


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