Business A.M
No Result
View All Result
Sunday, October 18, 2026
  • Login
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
Subscribe
Business A.M
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
No Result
View All Result
Business A.M
No Result
View All Result
Home National: Governance, Policy & Politics

U.S. Mission promotes Nigerian rock art with travelling exhibition

by Admin
January 21, 2026
in National: Governance, Policy & Politics, WORLD BUSINESS & ECONOMY

 

The U.S. Mission in collaboration with the National Commission for Museums and Monuments and the Trust for African Rock Art, have launched a unique travelling exhibition named, “The Ancient Rock Art of Nigeria” hosted at the National Museum in Lagos.

The exhibition, which also seeks to raise awareness of the importance of preserving Nigerian rock art, a cultural treasure at risk, is in furtherance of the U.S government’s support for the preservation of Nigeria’s rich heritage through the sponsorship of the Ambassadors Fund for Cultural Preservation (AFCP) and other partnership mechanisms.

Delivering remarks during the opening of the exhibition, Brandon Hudspeth, acting U.S. consul general highlighted the commitment and continued support of the U.S. Mission towards preserving Nigeria’s rich cultural heritage.

Hudspeth noted that the scope and depth of the various AFCP projects in the country has helped to strengthen collaborative efforts in the preservation of Nigeria’s cultural heritage, both for future generations and for tourism.

The consul general disclosed that Nigeria has received 10 Ambassadors Fund for Cultural Preservation grants worth $1 million with projects spread across the country since the programme’s inception.

“This achievement shines a light on Nigeria’s historical and cultural heritage. It is also a symbol of the high regard in which the United States holds Nigerian culture,” Hudspeth added.

Also speaking, Abba Issa Tijani, director general, National Commission for Museums and Monuments, commended the impact of AFCP projects across Nigerian museums.

“The U.S. Ambassadors Fund for Cultural Preservation has been yielding great results in terms of capacity building, documentation and digitization of our rich cultural heritage. This is just the beginning. We look forward to many more productive partnerships with the U.S. government,” Tijani said.

David Coulson, executive chairman, Trust for African Rock Art, explained that the aim of the travelling exhibition is to engage communities living near the rock sites on the beauty of rock art as well as the perils it faces from both human and natural forces.

Coulson also emphasised the relevance of increased involvement of community members in efforts to preserve and benefit from their rich cultural heritage.

The exhibition also includes monoliths from museum storage rooms which have not been on public display for decades, over 50 photographs, 3D reproductions and thematic videos.

A key component of the project is the preservation of rock art in Cross River and Jigawa states, ensuring its conservation through proper documentation and the provision of basic infrastructure.

The National Commission for Museums and Monuments and the Trust for African Rock Art are the main partners providing expertise and leadership for the implementation of the project.

By involving Ahmadu Bello University in Zaria and the University of Calabar, the project has strengthened a national network responsible for the conservation and promotion of the ancient rock art of Nigeria.

The exhibition will be open to visitors over the next four weeks in Lagos before moving to the National Museum in Calabar in July and the Ahmadu Bello University Zaria in September.

Admin
Admin
Previous Post

Customers Want Fresh Products: 6 Ways You Can Achieve This

Next Post

NGX in broad gains as market cap tops N27.5trn after Ramadan

Next Post

NGX in broad gains as market cap tops N27.5trn after Ramadan

  • Trending
  • Comments
  • Latest

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025
MMA2 enters new commercial era after 20-year concession dispute

MMA2 enters new commercial era after 20-year concession dispute

August 28, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Rivers, China's CNCECC sign deal for $3.5bn methanol, fertiliser plant

Rivers, China’s CNCECC sign deal for $3.5bn methanol, fertiliser plant

October 17, 2026
Methane rules spread across 67% of global production as Nigeria faces compliance test 

Methane rules spread across 67% of global production as Nigeria faces compliance test 

October 17, 2026
Onafriq, a pan-African payments company, is set to discontinue its Baxi agent banking business in Nigeria after five years, citing naira depreciation, rising operating costs and intensifying competition that have weakened the segment’s profitability. The planned shutdown will affect the agent banking operations conducted through Baxi under Onafriq Nigeria Payments Limited. However, the decision does not signal the company’s withdrawal from Nigeria, as it intends to retain its cross-border payments network and card issuing services in the country. In a statement, Onafriq said changes in Nigeria’s operating environment since 2024 had significantly altered the economics of its offline agent banking business, making the existing model unsustainable. The move marks a strategic shift for the company, which entered Nigeria’s agent banking market to expand access to financial services through a network of agents providing transaction services outside traditional bank branches. Onafriq attributed the decision to a combination of macroeconomic pressures and structural changes in the country’s payments industry. According to the company, naira depreciation and inflation have affected transaction volumes, increased operating expenses and undermined the sustainability of its agent banking operations. The growing adoption of instant account-to-account transfers has also changed the mix of transactions handled by agents, while heightened competition among payment service providers has put further pressure on margins. These developments have made it increasingly difficult for the business to remain viable under its existing operating structure, prompting the company to reassess its long-term strategy. Dare Okoudjou, founder and chief executive officer of Onafriq, said the decision to close the business was difficult, particularly given the efforts of employees, agents and business partners who helped build the Baxi network. “We entered Nigeria with conviction and commitment, but did not achieve the outcome we set out for. Closing this business was a difficult decision to arrive at, one that affects colleagues, agents, and business partners across Nigeria who poured their hearts and soul into building out the Baxi network,” Okoudjou said. Despite the closure, he reaffirmed the company’s commitment to the Nigerian market, noting that the group would continue to serve customers through its payments network and card issuing operations. Onafriq entered Nigeria’s agent banking market in 2021 through the acquisition of Baxi, also known as Capricorn Digital Limited. The company said it continued investing in the business through 2023, with efforts focused on expanding and strengthening its agent network. However, a subsequent review of the business’s long-term prospects and financial sustainability led to the decision to wind down the operation. As part of the transition, Onafriq said agents onboarded through the Baxi platform had been moved to another principal bank, a step intended to facilitate continuity for the affected agents. The company has also directed agents to transfer their funds to their preferred principal bank within 30 days, adding that its teams would provide support throughout the transition process. Employees whose roles are linked to the agent banking business will also be consulted and supported during the wind-down, with Onafriq pledging to treat affected workers fairly.

Onafriq winds down Baxi as Nigeria’s agent banking economics worsen

October 17, 2026
LCFE links petroleum trading to capital market in pricing transparency drive

LCFE links petroleum trading to capital market in pricing transparency drive

October 17, 2026

Popular News

  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • MMA2 enters new commercial era after 20-year concession dispute

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Rivers, China's CNCECC sign deal for $3.5bn methanol, fertiliser plant

Rivers, China’s CNCECC sign deal for $3.5bn methanol, fertiliser plant

October 17, 2026
Methane rules spread across 67% of global production as Nigeria faces compliance test 

Methane rules spread across 67% of global production as Nigeria faces compliance test 

October 17, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE

© 2026 Business A.M