General
Experts Advocate Diversity, Inclusion at Leadership Cadre of Companies
By Aduragbemi Omiyale
Companies have been advised to ensure that those in their leadership cadre are diverse, as this would lead to better decision-making for the firm’s growth.
This was the submission of speakers at the first edition of the Annual Corporate Governance Colloquium organised by the Nigerian Exchange (NGX) Limited, the Nigerian Bar Association Section on Business Law (NBA-SBL) and the Institute of Directors (IoD).
The colloquium held recently was themed Diversity and Inclusion: Adopting A Multi-Stakeholder Approach in the Promotion of Good Governance.
The chief executive of the bourse, Mr Temi Popoola, represented by the Divisional Head of Business Support Services and General Counsel, Mrs Irene Robinson-Ayanwale, stated that the exchange would continue to advance practical initiatives that will enhance diversity and inclusion in the private sector, leveraging partnerships like the Corporate Governance Triangle and the Nigeria2Equal Project with IFC.
“We recognise that compliance to corporate governance standards helps to increase investors’ confidence in issuers and improve their access to a broader pool of domestic, regional, and international investors,” he said.
On her part, the President of IoD, Mrs Ije Jidenma, represented by the First Vice-President of IoD, Mr Tijani Borodo, said, “World organisations need to scale up the culture of composing well diverse boards, which is best practices in corporate governance.”
“Findings have shown that diverse and inclusive boards stand a better chance of reaping from the rich and innovative ideas of members, making more effective decisions and providing better guidance and direction that guarantees financial prosperity,” she added.
Also, the Chairman of the Council of NBA-SBL, Mr Adeoye Adefulu, noted that companies benefit from the diversity of ideas and opinions expressed when men and women both occupy positions on the boards and management of companies.
In her presentation, the Chairman of Ecobank and Chairman of the Board of Trustees of the Lagos State Employment Trust Fund (LSETF), Ms Bola Adesola, said, “With diversity on boards in age, background, experience, organisations can bring a broader range of perspectives to decision-making processes. Diverse boards are more likely to challenge groupthink, consider different viewpoints and make better-informed decisions.”
By Aduragbemi Omiyale
The United States government gave some terrorists in Nigeria a Christmas gift that sent many of them to the great beyond.
On Thursday, December 25, 2025, the United States President, Mr Donald Trump, directed his country’s military to launch air strikes on camps of members of the dreaded Islamic State in Iraq and Syria (ISIS) in Sokoto State.
According to Mr Trump, the military action, which he threatened to carry out a few weeks ago if the Nigerian government does not stop the killing of Christians in the country, occurred on Thursday night.
“Tonight, at my direction as Commander in Chief, the United States launched a powerful and deadly strike against ISIS Terrorist Scum in Northwest Nigeria, who have been targeting and viciously killing, primarily, innocent Christians, at levels not seen for many years, and even Centuries!
“I have previously warned these Terrorists that if they did not stop the slaughtering of Christians, there would be hell to pay, and tonight, there was.
“The Department of War executed numerous perfect strikes, as only the United States is capable of doing.
“Under my leadership, our country will not allow radical islamic terrorism to prosper. May God bless our military, and Merry Christmas to all, including the dead terrorists, of which there will be many more if their slaughter of Christians continues,” Mr Trump wrote on his Truth Social platform.
In a video on X, formerly known as Twitter, the Department of War of the United States posted the below video of the air strikes;
https://twitter.com/DeptofWar/status/2004351717131903272
By Modupe Gbadeyanka
The presidency has reacted to speculations that Mr Femi Gbajabiamila has been removed as the Chief of Staff to President Bola Tinubu.
It was alleged that Mr Gbajabiamila has been replaced with the President’s Principal Private Secretary, Mr Hakeem Muri-Okunola.
Mr Muri-Okunola went to Abuja to take up this role after leaving as the Head of Service of the Lagos State Civil Service.
Reacting to the reports on social media on the purported removal of Mr Gbajabiamila, a former Speaker of the House of Representatives, the presidency said no such change has been made.
In a statement signed on Thursday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, members of the public were advised to disregard the report as “there is absolutely no truth to this story.”
“The Chief of Staff remains in his position. The Principal Private Secretary likewise remains in his role. Hakeem Muri-Okunola has not replaced Femi Gbajabiamila as Chief of Staff.
“The viral claim is a fabrication by mischievous purveyors of fake news whose sole aim is to create disharmony within the government.
“We reiterate that news media should always verify their information before publishing or sharing on social media,” the statement said.
By Adedapo Adesanya
The new chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyiwa Eyesan, has assumed office with a clear message to advance the country’s upstream oil and gas sector in line with the mandate of the commission as enshrined in the Petroleum Industry Act (PIA) 2021.
According to a statement signed by Mr Eniola Akinkuotu, the Head of Media & Strategic Communications at the upstream regulator, the NUPRC boss made this assertation during her first town hall meeting with management and staff on Tuesday December 23, 2025.
She further disclosed plans to make the commission a business enabler and re-ignite investments in the upstream sector.
Recall that President Tinubu nominated Mrs Eyesan to take over the NUPRC after the abrupt resignation of her predecessor, Mr Gbenga Komolafe as well as his counterpart in the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed.
In her new capacity, Mrs Eyesan also set a firm production ambition of growing Nigeria’s output and increasing gas production.
“The goal is that we must enable the industry, we are regulators. We must enable the industry from our interactions with the stakeholders, from our interactions with everybody.
“My main objective is to ensure that we make a difference. I believe the NUPRC is at the Center of the industry,” she said.
The commission boss who has served for over three decades in the oil and gas sector, promised to entrench digitisation, transparency and efficiency in operations.
The NUPRC head said with the support of staff and management, the NUPRC will become the gold-standard regulator in Africa. She also promised capacity development, stronger technical depth and sustained engagement with stakeholders, unions and professional teams.
On leadership style, Mrs Eyesan promised an open-door policy and frequent staff engagement, while also soliciting for support and cooperation as the industry embarks on the next phase of transformation.
“If we work together we can unleash opportunities, I don’t see impediments only opportunities,” she added.
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