InfoWARE Holds Workshop on Business Structuring, Efficiency

By Adedapo Adesanya President Bola Tinubu came under immense criticism as Nigeria’s party was the highest from Africa at the ongoing COP28 in Dubai, United Arab Emirates (UAE). According to a list published by the United Nations Framework Convention on Climate Change (UNFCCC), Nigeria is also third-highest overall in number of delegates at the conference. The provisional total for COP28 indicates that 81,027 delegates registered to attend the summit in person, with a further 3,074 attending virtually, this takes the overall total to 84,101. The figure is 30,000 more than those who travelled to Sharm El-Sheikh in Egypt for COP27

By Adedapo Adesanya The federal government has announced that only 422 of the total 1,411 Nigerian delegates at the ongoing COP28 were funded with taxpayers’ money. This clarification followed the outrage over the size of Nigeria at the conference in Dubai, the United Arab Emirates (UAE). The Minister of Information, Mr Mohammed Idris, disclosed this in a statement on Monday evening amidst concerns by Nigerians about the large number of the country’s delegates at the climate change conference in Dubai. Business Post had reported that Nigeria was joint third with China behind the UAE and Brazil among all the countries

By Adedapo Adesanya Global energy company, GE Vernova, has used a series of events during Compliance Week to emphasise the critical role of ethics and compliance in business growth and success. The week-long initiative, held across Nigeria with more than 100 attendees, involved employees, suppliers, legal experts, and customers, highlighting GE Vernova’s unwavering commitment to fostering a culture of integrity and transparency. Speaking on this, Mrs Ozim Ifeoma Ibeziako, Executive General Counsel for GE Vernova’s Gas Power business in Africa, said, “At GE Vernova, we believe that integrity is the cornerstone of any successful business. “Our Compliance Week is an

By Adedapo Adesanya President Bola Tinubu on Wednesday departed Abuja for Dubai, the United Arab Emirates, to attend the COP28 Climate Summit which takes place from December 1 —2, 2023, with the theme Unite, Act, and Deliver. According to the presidential spokesman, Mr Ajuri Ngelale, the President will be using the platform to advocate for funding as well as technical support to tackle the array of climate problems facing the country. He said Mr Tinubu was “mindful of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising therefrom, will maximise

By Adedapo Adesanya Airtel has advocated support from the Nigerian Communications Commission (NCC) for Small and Medium Enterprises (SMEs) to stimulate economic recovery in the post-COVID-19 era. This came as the commission reaffirmed its commitment to ensuring accelerated licensing of new spectrum that would usher in new technologies which include 5G, broadband satellite services, high altitude platform services, and others. This assertion came at a virtual webinar organised by the Nigerian-British Chamber of Commerce (NBCC) tagged Nigeria’s Telecommunication Industry-Post COVID. Speaking at the event, Mr Segun Ogunsanya, the Managing Director of Airtel, in his presentation, said that the SMEs were

An efficient transportation sector facilitates exchanges that result in the improvements of lives and economies globally. Every day, transport stakeholders develop new ways that support the sustainability of this sector. This stems from the knowledge that the movement of humans, goods and services remains a fundamental part of a country’s economy, and extensively, global economic growth. In the third-quarter economic performance report for 2021 released by the Nigeria Bureau of Statistics (NBS), the growth in the non-oil sector cannot be overlooked, with the transportation sector also making significant leaps in the quarter, making it one of the fastest-growing sectors in

By Dipo Olowookere Dangote Refinery and Petrochemical Limited will be listed on the floor of the Nigerian Exchange (NGX) Limited in the future, the Chairman of the company, Mr Aliko Dangote, has revealed. Mr Dangote, who is the richest man in Africa, confirmed this in an interview with the Financial Times published on Saturday. The refinery will join other businesses of Mr Dangote currently trading their equities on the NGX, Dangote Cement, Dangote Sugar, and NASCON. The oil facility, believed to be worth about $20 billion, was launched in May 2023 by the immediate past president of Nigeria, Mr Muhammadu

By Dipo Olowookere Unity Bank Plc has received the ‘2018 Best Participating Bank in the Central Bank of Nigeria (CBN) Development Finance activities award’ in Jigawa State. This is coming barely two months after the financial institution won two highly coveted award; namely, the Central Bank of Nigeria (CBN) 2018 sustainable banking award for ‘Sustainable Transaction of the Year in Agriculture’ and Presidential Award in recognition of the Bank’s participation under the Anchor Borrowers Programme. It was gathered that Unity Bank won the latest award at the Dutse Bankers Forum organized by the CBN bringing together financial stakeholders in the

By Dipo Olowookere General Manager of MTN, Mr Nikiwe Tsaagane, has assured the Federal Government that the leading telecommunications firm in the country will list its shares on the Nigerian Stock Exchange (NSE). The South African company, which boasts of over 60 million subscribers in Nigeria, is presently paying a fine to the Nigerian government after it failed to disconnect lines of unregistered subscribers as required. The Nigerian Communications Commission (NCC), the regulatory agency in the country, first slammed N1.04 trillion fine on the firm, but was later reduced to N330 billion. Last year, MTN suffered a loss partly due

By Kester Kenn Klomegah While celebrating the Africa Day, the Ministry of Foreign Affairs reaffirmed Russia’s commitment to offer support and participate in the sustainable development processes in Africa. In a video conference held May 28 with local and foreign media, Russian Foreign Ministry Spokeswoman Maria Zakharova, highlighted the history behind the establishment of the Africa Day, which is observed as an annual holiday symbolizing the desire of the peoples of the African continent for peace, independence and unity. According to her, “the close nature of friendly ties with African countries, the significant experience of mutually beneficial cooperation dates back

Normally, being an entrepreneur has quite a lot of challenges. Entrepreneurial activity among women continues to attract attention in Nigeria and indeed Africa. However, despite obvious gains, women lag behind men in business ownership and economic independence in every continent. It is therefore important to remove the barriers stalling women entrepreneurship.  This said it is important to outline some of the challenges facing women who are entrepreneurs. Family restriction: Women are expected to spend more time with their family members, especially on the African continent. They do not encourage women to travel extensively for exploiting business opportunities. Despite this, more

By Modupe Gbadeyanka President Muhammdu Buhari has said the rising spate of attacks in the country is the handiwork of those who want his administration to fail. The Special Adviser to the President on Media and Publicity, Mr Femi Adesina, in a statement on Tuesday said his boss is getting embarrassed by the situation as it has now attracted global attention. However, he said President Buhari is determined to tackle the issue as his government will not fold its arms and watch some people promote insurrection and burn down critical national assets. Today, Mr Buhari received a briefing from the