Movement rejects threat to recall Senator Fadahunsi, says lawmaker secure over jobs for youths

A socio-political movement in Osun East Senatorial District dismissed a youth group’s threats on Thursday to initiate a recall process for Senator Francis Fadahunsi.

The Nation recalls that youth groups protested on Wednesday against Fadahunsi, calling for his arrest and threatening to recall the legislator over an alleged inflammatory comment made before the 2026 Osun State Governorship Election.

However, the Fadahunsi Grassroots Movement rejected the threat, claiming the youth groups behind the call are politically sponsored to distract the legislator.

Speaking at a news conference in Ilesa, the Movement’s Director-General, Samuel Awowole, said the lawmaker has done well, citing his track record of community development.

He said, ‘Fadahunsi has secured employment opportunities for over 400 constituents, procurement of tools for artisans, scholarships for the people, among others.’

Reacting to the protesters’ call, Awowole stated, ‘We witnessed a protest against Senator Francis Adenigba Fadahunsi. While we recognise the constitutional right of citizens to peaceful assembly and the legitimate expectation that elected representatives should remain accountable to their constituents, we are concerned about the circumstances surrounding the protest, the messages being conveyed, and the identities of some of those mobilised to participate.’

He added that ‘Some of the individuals involved are people who have, at various times, shared political interests with Senator Fadahunsi and may have benefited directly or indirectly from his representation and goodwill.’

The movement subsequently condemned post-election attacks, calling for restraint, saying, ‘The Osun State Governorship Election has come and gone. Whatever differences may exist among political parties and individuals, the peace and security of our people must now take precedence over political interests.’

In his comment, the President of New Nigerian Mandate, Comrade Oluwole Oyetunde, said, ‘We strongly condemn every action capable of threatening the peace, security, and stability of our communities. We are talking about the entire Ife/Ijesa land-a land whose people have coexisted for generations and whose future must not be sacrificed on the altar of political disagreements,’ he warned.

He advocated issue-based engagement in the district, not sponsored narratives, character assassination, or attempts to create unnecessary division among the people of Osun East.

They admonished Governor Adeleke, Owa-Obokun of Ijesa land, Oba Clement Haastrup, and other traditional rulers, religious and political leaders, among others, to continue cautioning individuals, groups, and political organisations whose activities may threaten peace and public order ahead of the 2027 General Election.

Same natural world, two distinct artistic sensibilities

Mother and daughter artists Ethel Dimacuha and Camille dela Rosa share not only a familial bond but also a deep affinity with nature, which has long served as a wellspring of their creative impulses and inspiration for their respective artistic practices.

This exhibition titled, ‘Interwoven’ at the Nami Gallery, explores the common passion and bond of these two artists who are dedicated to their craft but also explore their own interests and passions translated and filtered onto the canvas. In this particular presentation, they also turn their full attention to nature, exploring its forms and meanings. The show presents recent oil and acrylic paintings from this pairing. These artworks also offer insight into the ways they work both collaboratively and independently, while revealing the distinct and remarkable qualities of their respective oeuvres, shaped and refined over years of artistic practice.

Dimacuha, a former art professor, is best known for her vibrant geometric semi abstraction in which nature and recognizable forms are fragmented into angular planes and saturated color fields. Dela Rosa, on the other hand, is known for her figurative surrealist practice and has established a distinctive presence within the genre over the years. Here, she makes a slight return to a more impressionistic approach and style. She presents flowers not as delicate, decorative subjects but as dense, almost bodily forms. They share a heightened sense of materiality, with details and shadows rendered through visible, expressive brushwork.

When nature is filtered through two different artists, it becomes a space where different perspectives can coexist. Their approaches may be distinct, almost like yin and yang. One of them expresses life through vibrant color and energetic forms, while the other finds meaning in quieter gestures, softer forms, and the coexistence of beauty and fragility. Such is the case here.

Their styles do not compete with one another. Instead, they create a kind of balance. Together, the paintings become a conversation between mother and daughter, revealing two different ways of seeing and interpreting the world while remaining deeply connected through a shared source.

Dimacuha says : ‘I use very bright colors because that is simply who I am: energetic, cheerful, and full of life. For me, color is not merely decorative. It carries spiritual and emotional energy. When I surround myself with vibrant colors and translate them onto the canvas, I find a sense of happiness, strength, and optimism. Nature, as I see it, is full of vitality and possibility, and I want my paintings to carry that same energy.’

Meanwhile, dela Rosa, painting flowers is a way of expressing how she sees life: vibrant and warm at times, quiet and subdued at others. Her works juxtapose soft, flowing petals with broken and fragmented forms, reflecting life’s fragility and constant change. Yet even amid what shatters, she sees the possibility of continuing, growing, and ultimately blooming.

Their backgrounds are as disparate as well.

With one foot in the academic field, Dimacuha earned a master’s degree in Art History at the University of the Philippines-Diliman and went on to teach Art History and Humanities at St. Scholastica’s College, Technological University of the Philippines, and Lyceum of the Philippines, notably representing the latter as a Teacher Grantee in the JICA 21st Century Japan-Philippine Teachers Goodwill Program. Her artistic practice, meanwhile, began taking shape in 1981, when she started exhibiting her work. Since then, she has participated in numerous group exhibitions and mounted nine solo shows, steadily building a practice that bridges her scholarly background with her life as an artist. In 1987, she earned the Third Prize in the Art Association of the Philippines (AAP) Art Competition-an accolade that reflected her sustained focus and commitment to her practice, as recognized by her peers.

In the art community, Dela Rosa is also often introduced as the daughter of the noted painter, Ibarra Y. Dela Rosa, a distinction that can be both a privilege and a burden. Her identity as an artist inevitably places her under the long shadow of her father’s legacy, bringing with it the pressure to measure up, distinguish herself, and ultimately be recognized on the strength of her own work.

Worth mentioning however is that despite being self-taught and given her age, dela Rosa is quite accomplished herself. She already had 23 solo exhibitions and participated in different group exhibits held in various parts of the world including Paris, Belgium, Germany, London and Holland. Key recognitions include : Honorable Mention at Art Association of the Philippines Competition (2005); Top 40 Philippine Art Awards (2009); 2nd place at Pagalingan Pinay Art Competition (2009).

In 2017, her steam punk painting became the official CD and DVD album cover of the international rock band Sepultura’s ‘Machine Messiah’.Her work was also included in Phantastische Venus 2015 (Viechtach, Germany) Book, Featuring 70 Surrealist Female Artists Around the World.

At the heart of INTERWOVEN is the idea that connection does not require sameness. The exhibition brings together two distinct artistic practices shaped by different temperaments, visual languages, and ways of experiencing the natural world. For one artist, nature becomes an expression of energy, optimism, and the emotional power of color. For the other, it becomes a reflection on fragility, transformation, and the persistence of life even through moments of rupture.

When asked how blood relations and and the sense of being part of the same family figure into their respective practices, and whether these connections are predetermined or instead constructed through their artistic dialogue, both agree: ‘It wasn’t something predetermined. We don’t plan it out. We simply paint what we feel and what our individual personalities bring to the canvas.’

What emerges is a visual conversation between two artists who share a familial history and a common love for nature and yet they arrive at their own individual ways of seeing it. Their works stand side by side, not as reflections of one another, but as parallel forms of growth: separate, connected, and continually revealing.

More importantly, the exhibition reveals a partnership rooted in continual making and creative curiosity unique to this family.

The exhibit runs September 8 to 20, 2026 at Nami Art Gallery, Pioneer Center, Kapitolyo Pasig City.

The system that certified itself

Federal prosecutors say Daejon Love spent years convincing women he played pro football for the San Francisco 49ers in order to scam them into romance and investment schemes. He was arrested on August 24 and now faces two federal wire fraud counts in Oregon, each carrying a maximum of 20 years behind bars. Give him credit for commitment to his fraud.

At some point his fabricated online presence grew dense enough that a Google AI Overview identified him as an actual player, and Love began pointing to that search result as proof. The search engine had not verified anything. It had synthesized a false online footprint into a confident answer, and confidence is what people mistake for verification.

The Philippines spent the better part of a decade building the same kind of machine, aimed at concrete instead of a football career, and it worked for roughly as long as nobody asked it a direct question.

Finance Secretary Ralph Recto told the Senate last year that flood control corruption from 2023 to 2025 may have cost the economy P42 billion to P118 billion. The figure is not a tally of stolen money. It rests on a guess that 25 percent to 70 percent of project costs vanished, which explains the large range. Senators Panfilo Lacson and Sherwin Gatchalian ran their own extrapolated numbers. The result came in above P180 billion in one version and near P79 billion in another, both from Lacson on the same day. Nobody has a confirmed number. What exists is a rough shape of the theft, filled up with decimal points.

The peso estimates above are shaky guesswork. The numbers on how many projects were fake are more solid.

DPWH announced in October 2025 that 421 of roughly 8,000 inspected projects were validated as ghost projects, a finding reached jointly with the Department of Economy, Planning and Development, the police, and the military. By December the count passed 600 out of nearly 10,000, proof the first number was a floor. A February 2026 investigation found a Laguna de Bay project, 70 percent built, that the department’s own transparency portal listed as a flood control project even though the contract never called it that.

The bid data sheet correctly listed the work as flood control, but the contract just never said so, meaning the discrepancy sat inside DPWH’s own files before the public ever saw the Philippine Google Overview portal. Built to check the record against the ground, it simply repeated what an earlier document already had wrong.

President Marcos separately reported that 6,021 projects worth more than P350 billion carried descriptions too vague to specify what kind of flood control structure had actually been built, and that a number of unrelated projects in different locations carried identical contract costs. Some coincidence. Vague paperwork and matching prices are not proof of copied fraud. But they are exactly the kind of pattern a functioning system should have flagged well before a senator had to extrapolate from a sample to guess at the damage.

Marcos also announced that no fresh, locally funded flood control projects would be included in the proposed 2026 budget, arguing that roughly P350 billion allocated in 2025 had not yet been fully utilized. The government has since launched a redesigned transparency portal and continued the investigations. That is a real response. It does not answer the harder question the scandal exposed. Publishing more records does not restore trust on its own when the old records were good enough to certify projects that did not exist. The new portal may make the paperwork easier to see. It still has to prove that the paperwork corresponds to what is on the ground.

In Marilao, Bulacan, a river wall in Barangay Prenza II collapsed on August 10, 2026, roughly two months after it had been declared complete. In Cebu, Governor Pam Baricuatro noted the province had received P26 billion in flood control funding and still flooded severely when Typhoon Tino struck in November 2025. Neither failure proves its own project was a ghost entry in someone’s ledger. Both show a record of a project meeting standards that the real world declined to honor.

Love’s fabricated career survived until federal investigators finally checked it against reality rather than against the record. The Philippines has not finished that same check on its own paperwork, and the next typhoon will not wait for the results.

E-mail me at mangun@gmail.com. Follow me on Twitter @mangunonmarkets. PSE stock-market information and technical analysis provided by AAA Southeast Equities Inc.

MPs call for cuts to Interior Ministry’s 2027 budget

Opposition MPs have called for cuts to the Interior Ministry’s 2027 budget, questioning the cost-effectiveness and transparency of several projects and procurement schemes.

Among the many examples cited in the House on Wednesday was an order for nearly 15,000 bulletproof vests at 46,000 baht each – 48% more what the Internal Security Operations Command paid for vests with the same specifications.

During the debate on the 2027 budget bill, Democrat Party list MP Chaichana Dechdecho proposed cutting the ministry’s allocation of more than 227 billion baht by 10%, saying its spending priorities failed to adequately address public needs.

He raised concerns about drug rehabilitation, disaster relief and infrastructure projects, as well as personnel and spending in the three southern border provinces.

Mr Chaichana said drug users sent for rehabilitation often received little follow-up support after returning to their communities, resulting in relapse rates of 70-80%. He proposed redirecting provincial cluster funding to rehabilitation and follow-up programmes.

On flood relief and infrastructure, he alleged some emergency projects were plagued by serious budget leakage.

He cited contracts specifying 100 cubic metres of stone in which only 50-70 cubic metres were allegedly delivered, while dredging projects requiring the removal of 1,000 cubic metres of material were completed after only about 500 cubic metres had been removed.

He also called for checks on personnel deployed in the southern border provinces and questioned whether body armour purchased under a 400-million-baht allocation had been properly delivered and used.

People’s Party Chiang Mai MP Nataphol Tovichakchaikul separately urged the government to cut or postpone spending on a 47-million-baht hotel guest information system using artificial intelligence. He said the government should first amend the 2007 Hotel Act to bring about 70,000 unregistered accommodation providers into the system.

People’s Party list MP Cdr Kittipong Piyawanno questioned the proposed 482.8-million-baht purchase of 14,814 bulletproof vests.

He said some were priced at 46,000 baht each, compared with 31,000 baht for vests of the same specifications purchased by the Internal Security Operations Command. He proposed creating a central price database to flag significant discrepancies.

Fasthire team lead urges Niger Delta youths to embrace skills, enterprise

Niger Delta youths have yet another opportunity to meet fortunes through skills empowerment and enterprise. This is because ‘Fasthire Services’, a subsidiary of Okverse Services Limited, has reaffirmed its commitment to helping young people access career opportunities, develop relevant skills and build sustainable livelihoods across the Niger Delta.

Richard Okiasi, the Fasthire Team Lead, who is also the NACCIMA Youth Entrepreneurs Coordinator for the Port Harcourt Chamber of Commerce, made the call as a panellist at the 2026 International Youth Day event organised by the Foundation for Partnership Initiatives in the Niger Delta (PIND) in Yenagoa, Bayelsa State.

The event, themed ‘Empowering Youth Through Career Pathways for Economic Development and Sustainable Peace in the Niger Delta,’ brought together over 320 youths from Bayelsa, Rivers, Delta, Edo and Abia states.

Okiasi urged youths to reject dependency and entitlement mentality, embracing entrepreneurship, innovation, skills development and professional visibility as pathways to economic independence.

He encouraged young professionals to showcase their abilities and document achievements online and offline, particularly on LinkedIn, stressing that visibility builds credibility and attracts opportunities, investors and partnerships.

Fasthire is a trusted human resource agency that hires top but affordable talent fast. It is committed to talent sourcing across diverse industries, ensuring that they are managed for optimum performance.

Okiasi, a PIND partner for the event, noted that Niger Delta’s greatest asset is its youthful, creative, and innovative population.

He called for stronger collaboration among businesses, governments, and development organisations to transform youth potential into productive enterprise and sustainable livelihoods.

JAN, Cummins equip 360 girls with leadership, AI skills

Junior Achievement Nigeria (JAN), in partnership with Cummins, has equipped 360 girls from 11 states and the FCT with leadership, AI , and future-ready skills at the 2026 edition of its flagship LEAD Camp.

Themed ‘Her Voice. Her Vision. Her Future,’ the two-day camp trained participants on leadership, personal branding, health and wellbeing, vision planning, and AI through sessions led by accomplished women across technology, business, and development.

The program underscores growing investment in preparing the next generation of female leaders for a digital economy.

The organisers said the camp was designed to build confidence and competencies that will enable the girls to thrive academically, professionally, and as change agents in their communities.

Speaking on the impact of LEAD Camp, Tobiloba Olaosun, head of marketing and communications, JAN, said his organisation for over 20 years have empowered young Nigerian girls through interactive bootcamps that help them envision and pursue a future of possibility

‘This year’s LEAD Camp, made possible with the support of Cummins, continues that legacy,’ Olaosun said.

A significant highlight was featuring LEAD Camp alumna Laure Tijani, who shared her remarkable journey of overcoming barriers to education to earn life-changing academic opportunities.

Encouraging participants to believe in themselves regardless of their circumstances, Laure reminded the girls that resilience, determination, and a willingness to seize opportunities can transform lives.

Her return as a speaker reflects LEAD Camp’s lasting impact, demonstrating how yesterday’s participant can become today’s mentor and role model.

Reflecting on her experience at LEAD Camp 2026, Owolafe Esther, a participant from Ondo State, said: ‘I’ve learnt that I need to start building the skills I want to have now, not later. LEAD Camp made me believe that whatever I set my mind to do, I can achieve it.’

Similarly, Mabel Danjuma, a participant from Kaduna State, said the LEAD training reminded her that her voice and future matters.

‘After the vision board session, I left with a clearer picture of the future I want and the confidence to make it a reality.’

Another highlight of the camp was the inauguration of participants into 10 Million African Girls (10MAG), an initiative by Junior Achievement Africa that connects the girls to a wider network of counterparts across Africa and ensures that their leadership journey continues beyond the camp through mentorship, collaboration, and available opportunities.

Speaking on her experience coordinating the program, Mariam Suleiman said executing LEAD Camp for the first time was both challenging and incredibly rewarding.

‘It showed me that the real work of transforming lives happens long before the program begins, through planning, collaboration, and a shared

commitment to creating meaningful experiences for every girl.’

‘More importantly, it reinforced the very message we hope every participant leaves with: that they are capable of achieving anything they set their hearts and minds to.’

Oladipupo Olabode, customer support manager, Cummins, said the organisation is committed to building stronger communities by expanding access to education, skills development, and opportunities that help individuals thrive.

He stated that through Cummins corporate responsibility programs, the organisation has invested in initiatives that equip young people with the confidence, capabilities, and support they need to reach their full potential.

‘We are proud to support initiatives like LEAD Camp that unlock potential, inspire future leaders, and empower young women to create positive change in their communities.’

‘From alumnae like Orode Uduaghan, senior special assistant to the Delta State Governor on SME Development; Nkechi Eze, founder of Aso Ebi Bella, and Laure Tijani, an ALU scholarship recipient, to the girls shaping their own journeys today,we are proud to see the emergence of more confident and capable leading ladies.’

He added that the expectation is to create a ripple efect beyond the 360 girls participating in the program.

LEAD Camp is one of Junior Achievement Nigeria’s flagship leadership development programs for girls, designed to inspire confidence, strengthen leadership capacity, and equip participants with the knowledge, networks, and skills needed to become changemakers.

2027: APC will campaign on achievements, not promises – Yari

The Director-General of the All Progressives Congress (APC) Presidential Campaign Council, Senator Abdulazeez Yari, has said the party’s campaign for the 2027 general election will focus on the achievements of the President Bola Tinubu administration rather than making new promises or attacking political opponents.

Yari made the disclosure on Wednesday in Gusau, Zamfara State, shortly after a closed-door meeting with Governor Dauda Lawal and traditional rulers in the state.

According to him, the APC intends to run an issue-based campaign centred on the performance of the current administration and its plans for the country if re-elected.

He said despite the challenges Nigeria has faced over the years, including periods when some predicted the country would break apart, Nigerians have continued to demonstrate their commitment to preserving national unity.

‘Nigeria is a wonderful country. We have been seeing so many things which some predicted that Nigeria will not continue as a country, from June 12 to others. This is where we are. Nigerians continue to ensure this country remains a united country,’ Yari said.

The former Zamfara State governor described President Tinubu as a leader committed to Nigeria’s development.

‘Tinubu is beyond any other person. He is for Nigerians, and a leader that loves this country without any fear of contradiction,’ he said.

Yari added that the APC’s 2027 campaign would not be driven by fresh campaign promises but by what he described as the achievements of the APC-led administration.

He explained that his first official engagement as Director-General of the campaign council was with traditional rulers because of their influence and close relationship with their communities.

According to him, seeking the support and blessings of the traditional institution is important to the success of the campaign.

Governor Dauda Lawal said the meeting was organised to formally introduce Yari, an indigene of Zamfara State, to the traditional rulers following his appointment as Director-General of the APC Presidential Campaign Council.

‘It is important for us to hand him over to them to seek for their support. This is the reason for the meeting,’ the governor said.

Lawal also assured the APC Presidential Campaign Council of what he described as the full support of the people of Zamfara State for President Tinubu in the 2027 presidential election.

HYPREP begins new shoreline restoration, unveils five-year plan for Ogoni cleanup

The Hydrocarbon Pollution Remediation Project (HYPREP) has commenced a new phase of shoreline cleanup and mangrove restoration in Ogoniland as it develops a five-year strategic plan to guide the next stage of the Ogoni Cleanup Programme.

The Minister of Environment and Chairman of the HYPREP Governing Council, Malam Balarabe Lawal, disclosed this on Monday during activities marking the 10th anniversary of the Ogoni Cleanup Programme in Rivers State.

The new strategic plan, covering 2026 to 2031, will focus on completing outstanding projects, sustaining restored ecosystems, preventing re-pollution and strengthening community ownership of completed interventions.

Lawal said the plan would provide a clear roadmap for consolidating the gains recorded since the commencement of the cleanup programme.

The development coincided with the flag-off of the second phase of shoreline cleanup and mangrove restoration at Patrick Waterside in Bodo City, Gokana Local Government Area of Rivers State.

According to the minister, the new strategy would also strengthen HYPREP’s sustainability and post-remediation management framework to ensure that investments made by the Federal Government and its partners continue to benefit affected communities.

‘The plan will focus on completing outstanding interventions, sustaining restored ecosystems, preventing re-pollution and strengthening community ownership of completed projects,’ Lawal said.

He noted that the 10th anniversary of the Ogoni Cleanup Programme offered an opportunity to review progress, identify outstanding challenges and chart a clear direction for the next phase of the intervention.

Lawal reiterated that the Federal Government remained committed to implementing the recommendations of the United Nations Environment Programme (UNEP), which provided the basis for the establishment of HYPREP.

According to him, the elevation of HYPREP as a national priority since 2023 has helped to accelerate environmental remediation, livelihood restoration and other interventions across Ogoniland.

The HYPREP Project Coordinator, Professor Nenibarini Zabbey, said the project had continued to combine environmental restoration with efforts to improve the livelihoods of affected communities.

He disclosed that 1,420 certified community workers had benefited from HYPREP’s livelihood and capacity-building programmes, while more than 8,500 direct jobs had been created for Ogoni youths and women.

Zabbey said the second phase of the shoreline and mangrove restoration project would further strengthen efforts to rehabilitate degraded coastal ecosystems.

He added that there were already encouraging signs of ecological recovery in some restored areas, including the gradual return of fish and other aquatic species.

The commencement of the new restoration phase and development of the 2026-2031 strategic plan signal an effort by HYPREP to move beyond immediate remediation towards ensuring that restored ecosystems and livelihoods in Ogoniland are sustained over the long term.

Obanikoro urges APC members to remain lawful, faithful as campaigns begin

Director-General of the All Progressives Congress (APC) Campaign Council in Lagos State, Musiliu Obanikoro, has urged party members and supporters to remain faithful, disciplined and law-abiding as campaigns begin ahead of the 2027 general elections.

He gave the charge at an interfaith prayer organised by the party to mark the start of electioneering activities.

The Independent National Electoral Commission (INEC) set September 9, 2026, as the start date for campaign activities for the 2027 general elections.

He urged party members to campaign for President Bola Tinubu and the Lagos State governorship candidate, Dr Kadri Obafemi Hamzat, with respect, tolerance and unity.

Obanikoro cautioned members against allowing political differences to degenerate into bitterness, division or actions that could undermine the party.

According to him, although members may have different aspirations and preferences, they remain members of one political family and must approach the election as a united force.

‘We competed with dignity. Let us campaign with respect. Let us disagree without becoming enemies,’ he said.

The APC chieftain said the conclusion of the party’s primary elections should mark the end of internal contests, urging members to close ranks and work collectively for the party’s success.

He said opponents of the APC would confront the party as one political family, regardless of individual differences among its members, adding that the party must, therefore, respond with unity.

Obanikoro said the interfaith prayer was organised to commit the party’s political journey to God as the campaign season begins.

He noted that although strategy, organisation, hard work and commitment were essential to electoral success, prayer also had a place in human affairs.

‘We are gathered for a simple but profound purpose: to place this political journey in the hands of God before the campaigns begin,’ he said.

He urged party members to combine their political activities with prayers for divine guidance, protection, wisdom and favour throughout the electioneering period.

‘We should focus on the success of the re-election of Asiwaju Bola Ahmed Tinubu and Dr. Kadri Obafemi Hamzat.

‘Our prayer today is simple: let God go before us. Let Him go before our party; let Him go before our candidates; let Him guide our leaders and protect our members and supporters,’ he said.

Obanikoro called on members to commit themselves to harmony, loyalty, discipline, tolerance and unity of purpose, stressing that political office was temporary, while relationships built and the society left behind were enduring.

He urged the party faithful to enter the campaign season with ‘one purpose, one message and one determination’ in pursuit of victory for the APC and a better future for Lagos State.

He also prayed for the success of the party’s leaders and candidates, and for peace and progress in Lagos State and Nigeria.

How N-able and FIS are bringing global treasury technology to Sri Lanka’s banks

Sri Lanka’s financial institutions are navigating a period of significant pressure. Tightening regulatory requirements, rising customer expectations, and growing market complexity are pushing banks to rethink how they manage treasury operations, Balance Sheet risk, and foreign exchange, often with legacy systems ill-equipped for the task.

It is against this backdrop that N-able, a technology solutions and systems integration provider with deep roots in the local market, has partnered with FIS, a global leader in financial technology, to bring enterprise-grade treasury and capital markets platforms to banks across the country.

The collaboration gives Sri Lankan institutions access to a suite of FIS Capital Markets solutions, including FIS Treasury and Risk Manager – Quantum, the Global FX Portal (GFX), and FIS Balance Sheet Manager (BSM), deployed and supported locally by N-able. The platforms are designed to automate treasury workflows, provide real-time visibility into liquidity and risk exposures, and extend digital foreign exchange capabilities to corporate clients.

For N-able Chief Executive Officer Shirantha Herath, the partnership represents a natural extension of the firm’s financial services focus.

‘Financial institutions today are under increasing pressure to modernise treasury operations while delivering greater efficiency, transparency, and resilience,’ he said. ‘Our partnership with FIS enables us to bring globally proven treasury and capital markets solutions to banks in Sri Lanka; solutions that deliver measurable business value.’

On the FIS side, the appeal lies in pairing global platform capability with on-the-ground expertise. FIS APAC Head of Sales Alex Erskine described the combined offering as addressing one of the central challenges facing regional banks: fragmented views of risk across the Balance Sheet.

‘FIS Treasury and Risk Manager – Quantum and FIS BSM provide a comprehensive platform combining front, middle, and back-office treasury operations with enterprise-wide ALM, FTP, liquidity, and regulatory analytics,’ he explained. ‘Built on a common data foundation, the integrated solution gives banks a single, consolidated view of treasury and balance sheet risk, enabling better decision-making, stronger regulatory compliance, and improved financial performance.’

Erskine adds that the local dimension is equally important: ‘FIS and N-able together deliver proven financial solutions backed by local expertise, enabling Sri Lankan customers to modernise operations, improve efficiency, and reduce risk.’

The solutions themselves are not new to the global stage. FIS treasury and capital markets platforms are in use at financial institutions worldwide, but their availability through a locally anchored partner with implementation, consulting, and support capabilities is a meaningful shift for the Sri Lankan market. Banks that have historically relied on manual processes or fragmented point solutions now have a clearer path to the kind of integrated treasury infrastructure their regional and global counterparts have long operated on.

For Sri Lanka’s financial sector, still deepening its capital markets and modernising core banking infrastructure, that path is becoming harder to defer.