Creative Industry
NIHOTOUR, SunTrust Bank To Partner On E-Commercial Beneficials To Hospitality, Tourism Sector
NIHOTOUR, SunTrust Bank To Partner On E-Commercial Beneficials To Hospitality, Tourism Sector
Joel Ajayi
The Director General of the National Institute for Hospitality and Tourism (NIHOTOUR), Alhaji Nura Sani Kangiwa said, as a capacity building and training provider in the Nigerian Travel Tourism and Hospitality industry, the Institute is committed to taking the industry to same pedestal with countries of East Africa in high level tourism and hospitality operations, growth and performance.
Nura Kangiwa who stated this when Management of SunTrust Bank Nigeria Limited led by the Managing Director, Halima Buba paid the Director General a courtesy visit at the NIHOTOUR headquarters in Abuja on Thursday, noted that the Nigerian Travel Tourism and Hospitality industry is in dire need of collaboration from lined-sector and critical players like the banking industry to move the industry out of the woods.
While stating that the value chain in the Travel Tourism and Hospitality industry is so vast that if adequately explored, has the potential to create jobs, generate revenue into the national coffers and ameliorate the scourge of poverty in the country, expressed delight that the SunTrust Bank has shown interest and passion to bring its value services into the industry, particularly in the deployment of electronic and website commerce and financial transactions.
He expressed happiness and confidence that SunTrust Bank’s partnership with NIHOTOUR will bring value in the discharge of the Institute’s core mandates and vision-objectives and by extension, contribute to the growth and development to the Nigerian Travel Tourism and Hospitality industry.
Earlier in her speech, Managing Director and Chief Executive Officer of SunTrust Bank Nigeria Limited, Halima Buba said her bank recognized the importance and economic value of the Travel Tourism and Hospitality industry and the bank is willing to venture into the sector with the objective of bringing financial and banking values to effect the desired change in lifting the industry to a higher level.
She noted that modern business operations require the application of digital technology which her bank is bringing to bear in the operational value chains of the Nigerian tourism industry.
While the technical staff of the bank gave detailed description on how the website platform would be deployed in the digital service operations in financial payments and collection of the Institute, the Director for Research and General Studies of NIHOTOUR, Dr. Taiwo Famogbiyele sought the bank to extend its services to assisting graduates of the Institute’s vocational skill programs in seed funding to start businesses of their own; undertake promotional and corporate branding of the bank at NIHOTOUR programs and functions, as well as the deployment of the banks facilities for e-learning of the Institute’s Course Programs nationwide
Creative Industry
CAFA Targets $500bn Fashion Economy At Canex Wknd 2026
Joel Ajayi
The Confederation of African Fashion (CAFA) will present its roadmap to grow Africa’s fashion economy from an estimated $30 billion to $500 billion at CANEX WKND 2026 in Lagos.
Marking its first anniversary on November 5, CAFA will unveil a joint stand with the Federal Ministry of Art, Culture, Tourism and the Creative Economy at the Wole Soyinka Centre for Culture and the Creative Arts, formerly the National Arts Theatre, on November 5, 2026.
CAFA President, Aare (Prof.) Lai Labode, said the institution works with African governments to align sourcing, production, trade and intellectual property policies, ensuring African creativity generates greater value for African businesses and communities.
Nigeria became the first country to sign the African Fashion Industry Growth Charter on November 5, 2025, when the Honourable Minister Barr. Hannatu Musa Musawa signed on behalf of the Federal Government.
Speaking ahead of the unveiling, Minister Musawa said: “Afroliganza seeks to build a structured, values-driven fashion economy rooted in African heritage, led by African institutions, and positioned for global impact.”
On employment potential, the minister emphasized that Investment in fashion will create millions of jobs, particularly for women and youth.
Registered in Rwanda, with an office in Kigali and a desk at the Federal Ministry of Arts, Culture, Tourism and the Creative Economy, CAFA is also working with Nigeria’s Ministry of Foreign Affairs towards African Union adoption of the Charter. Rwanda is progressing towards becoming its second participating country and the first in East Africa.
Its first year saw fifty nations gather at the Egbaliganza-Lisabi Festival in Abeokuta and a signed MoU with Türkiye’s ASRIAD.
CAFA’s programmes promote processing African raw materials into finished apparel locally. ‘Own What We Create’ addresses intellectual property protection, while the CAFA Certified Seal and CAFA Heritage Mark support standards and authenticity. African Global Fashion Houses are currently being established across international markets.
The African Global Fashion Games will debut in Nigeria in 2028, bringing designers together under national colours. Held every three years, the Games will alternate between African and international hosts, combining competition with investor meetings, deal signings and policy discussions. Its Instant Craft event gives competing nations identical materials and a fixed clock, placing skill at the centre of the contest.
CAFA is inviting creatives, fashion designers, artisans, diplomats, economists, investors and policymakers to its CANEX stand. Visitors can explore the roadmap, ask questions and identify opportunities to contribute through design, manufacturing, investment, research, trade and international partnerships. The stand will be open daily from November 5 to 8.
CAFA calls on the African Union to adopt the Charter, and governments to sign the Games Register and form national teams.
“Fashion has always told the world who Africa is. Now Africa will decide what fashion pays,” Aare Prof. Lai Labode said.
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