Pipeline Surveillance Contract: Addressing Chief Ogbebor’s Case of Double Standard

By Sunkanmi Vaughan The reason is unusual and too technical for most people to understand, including most journalists who cover business and political news. As one with an understanding of that highly technical professional sector, I will break down the technicality in the Sanofi strategy for easy understanding and explain why the misunderstanding or misreporting occurred. In the business world covered by economy/business-reporting journalists, everything boils down to profit. It can be a real struggle indeed for the journalists to understand the priority of Sanofi. If you add the unpatriotic politics of disinformation, then you have a bigger problem to

By Rahaman Abiola Nigeria’s modern media landscape hardly appears to be modern. It races behind in the realm of technology and its integration into the media ecosystem. This discrepancy is particularly noticeable in the context of the burgeoning era of artificial intelligence. Only 20% of media companies in Africa are using AI in some way. This is compared to 40% of media companies in North America and 30% of media companies in Europe according to the Reuters Institute of Journalism’s Digital Media Report for 2023 According to the United Nations Conference on Trade and Development, a low share of skilled

By Jerome-Mario Utomi Recently, precisely on Tuesday, November 21, 2023, I participated as a panellist at the Institute for Housing and Urban Development Studies (IHS), Erasmus University, Rotterdam, Netherlands, a panel discussion on The role of multi-stakeholder engagement in achieving environmental justice. The gathering, which was held in Victoria Island, Lagos, formed part of training on Environmental Justice: Reducing Ecological and Social Inequalities through Effective and Participatory Land Governance. Essentially, in my private study/preparation for the programme, the need to domesticate the subject became paramount to me. To achieve this objective; the following questions came flooding; what is environmental justice?

One company has not only survived the storms but has flourished internationally, creating an enduring impression on the worldwide business scene. Andi-Co Australia is known worldwide as an innovator that provides high-quality production and sustainability. It transcends all limits to indicate success. This blog is about the 3 key pillars which have become the foundation of the great success that Andi-Co Australia has achieved and its secrets revealed. The ascent of Andi-Co Australia is not just a tale of business triumph; it is also a tale of perseverance, vision, and an unflinching pursuit of excellence. Who is Andi-Co Australia? Since

By Dipo Olowookere Mid-tier lender, Wema Bank Plc, on Wednesday released its audited financial result for the year ended December 31, 2017. The innovative bank, which launched ALAT, Africa’s first fully digital bank, confirmed the growth of its gross earnings by 20.07 percent from N54.36 billion in FY2016 to N65.27 billion in FY2017. The growth was supported by the launch of ALAT, Nigeria’s first fully digital bank enhancing Wema Bank’s already existing alternate platforms which recorded a combined growth rate of 205.67 percent in transactions executed and with an estimated 30,000 accounts opened monthly. In the financial results analysed by

By Investors Hub The major U.S. index futures are pointing to a higher opening on Thursday following the mixed performance seen in the previous session. Early buying interest may be generated amid optimism about the outlook for tax reform after Senate Republicans cleared a key procedural hurdle. The Senate voted 52 to 48 along party lines to begin formal debate on the GOP tax reform bill after negotiations convinced Republican holdouts to vote for the legislation. The approval of the procedural motion sets the stage for a final Senate vote on the tax reform bill later this week, although some

By Modupe Gbadeyanka When Skye Bank launched its ‘Skye Select Account’, it promised to make it a delight of its customers and that pledge has since been fulfilled. Recently, some holders of the ‘Skye Select Account’ have shared the wonderful experiences they have had operating it and have also appreciated the bank for coming up with it. “I was travelling with some of my friends I didn’t know that being a holder of the priority pass card would give us a privileged advantage. “We were full of excitement because for starters, the card gave us access to the lovely lounge

By Modupe Gbadeyanka The appointment of Mr Ernest Ebi as a Non-Executive Director and Chairman-designate of the Board of Directors of Fidelity Bank Plc has been announced. Also announced by the bank is the appointment of Mr Charles Chidebe Umolu and Mr Kings C. Akuma as its Non-Executive Directors. The appointment of Mr Ebi follows the retirement of Mr Christopher Ezeh as the Chairman of the bank. Mr Ezeh retired after spending over 11 years of meritorious service to Fidelity Bank and also attaining the retirement age for non-executive Directors in line with the bank’s policy. However, these appointments, according

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange grew by N1.58 billion or 0.16 per cent in Week 35 and pushed the market capitalisation higher to N1.003 trillion from the preceding week’s N1.001 trillion. Business Post reports that the positive outcome last week happened due to gains posted by four stocks in the five days of trading. Niger Delta Exploration and Production (NDEP) Plc increased its value by 9.7 per cent to close at N209.00 per share in contrast to the previous week’s N190.50 per share, Afriland Properties Plc appreciated by 9.1 per cent to trade at N1.20 per

By Modupe Gbadeyanka Nigeria’s House of Representatives has expressed its willingness to investigation allegation of financial misconduct against the Director-General of the Security and Exchange (SEC), Mr Mounir Gwarzo. Chairman of the House of Representatives Committee on Capital Market, Mr Tajudeen Yusuf, told reporters at the weekend that the green chamber of the National Assembly will act fast on the matter. It was reported last week that Mr Gwarzo allegedly influenced the payment of N104.85 million to himself as severance package for serving as an executive commissioner in SEC for 30 months. He was also accused of awarding contracts to

By Adedapo Adesanya The Independent National Electoral Commission (INEC) has called for greater partnership with media, especially in the implementation of the new electoral law towards the 2023 general elections. This was disclosed by the INEC Chairman, Mr Mahmood Yakubu, represented by Mr Festus Okoye, the INEC Commissioner in Charge of Voter Education, at the Town Hall Meeting/Capacity Building for Editors, organised by the Nigerian Guild of Editors (NGE), in collaboration with the U.S. Embassy, in Abuja on Thursday. Mr Yakubu described the passage of the electoral law as timely, saying the media played a proactive role in the success

By Modupe Gbadeyanka United Africa Company (UAC Foods), makers of the popular Gala sausage roll, has introduced a bigger package of the same product into the Nigerian market. At a press briefing held in Lagos recently, the company explained that it introduced the Gala mega sausage roll into the market in direct response to the yearnings of its consumers, who have asked for more. The Gala mega sausage roll is twice the size of the regular sausage roll and it sells for twice the price of the former. General Manager (Marketing) of UAC Foods, Mrs Joan Ihekwaba, while addressing newsmen