General
Lagos Tasks Residents on Safe Practices Amid Expected Heavy Downpour
By Adedapo Adesanya
The Lagos State Government has advised residents to prioritise safety and avoid dangerous practices during the expected and intense rainfall this week.
Business Post reports that Nigerian Meteorological Agency (NiMet) has predicted three days of heavy downpours and thunderstorms across Nigeria from Monday, August 4, to Wednesday, August 6.
In a statement by the Commissioner for Environment in Lagos State, Mr Tokunbo Wahab, residents were warned to avoid practices like dumping refuses as well as ensuring safety, due to possible overwhelming of some drainage systems.
“Lagos has experienced intense rainfall, and more is expected in the coming days according to NiMET’s latest advisory. I urge all residents to remain calm. We have resilient systems in place to manage flash floods, but the sheer volume of rainfall may temporarily overwhelm some drainage channels,” he said.
He noted that as a coastal city, Lagos is vulnerable to tidal lock-up when rising water levels in the lagoon slow down the discharge of runoff, adding that this has worsened by climate change.
“We are closely monitoring areas near rivers and lagoons, which are at higher risk of flash floods with strong currents.
“Parents and guardians, please keep your children indoors during this holiday period. Swimming or playing in floodwater is extremely dangerous. I also appeal to motorists and pedestrians to avoid moving through flooded roads. Vehicles can be submerged, and lives can be lost,” he advised.
“Once again, I must stress, do not dump refuse into drains during rainfall. It clogs our drainage systems and worsens flooding. There are consequences for such actions, and enforcement will continue,” he added.
The commissioner noted that state teams will be working round the clock to clean and maintain drainages.
“[and] are expanding our network with concrete-lined channels to manage runoff more effectively. But in times of unusually heavy downpour like this, every resident must play their part,”
NiMet, in its weather outlook released on Sunday, August 3, in Abuja, had said early morning thunderstorms were expected yesterday with medium rains over parts of Sokoto, Adamawa, Kebbi, Zamfara, Jigawa, Kano, Katsina, and Taraba states in the northern region.
It added that later in the afternoon or evening hours, thunderstorms with moderate rains would descend on the entire northern region.
“There is a high possibility of flood occurring over parts of Adamawa, Taraba and Bauchi states during the forecast period.
“In the central region, there are prospects of light rains over parts of Benue, the Federal Capital Territory, Niger, Kogi, and Nasarawa States during the morning hours,” NiMeT stated.
NiMet predicted that in the afternoon or evening hours of Monday, there would be light rains over parts of Kogi, Kwara, Nasarawa, Plateau, Niger, Federal Capital Territory (FCT) and Benue.
There would also be cloudy skies with light rain in southern states, including parts of Ebonyi, Enugu, Imo, Anambra, Abia, Ogun, Edo, Delta, Lagos, Rivers, Cross River, Akwa Ibom, and Bayelsa, said the organisation.
Light rains are also expected later in the day in parts of Abia, Imo, Ebonyi, Anambra, Osun, Ogun, Oyo, Ondo, Ekiti, Edo, Delta, Bayelsa, Rivers, Lagos, Cross River, and Akwa Ibom States.
The agency anticipated the high possibility of floods happening over parts of Edo, Ogun, Delta, and Oyo States during the forecast period.
NiMet also predicted morning thunderstorms over the northern region on Tuesday with moderate rains over parts of Taraba, Katsina, Kebbi, Sokoto, Kaduna, and Zamfara States.
General
NECA’s Annual Retreat for Business Managers, Executives Holds April 16
By Aduragbemi Omiyale
The annual retreat for business managers and executives organised by the Nigeria Employers’ Consultative Association (NECA) will take place from April 16 to 18, 2026, at the AAE & T Hotel, Kuto, Abeokuta, Ogun State.
This year’s edition is themed The Resilient Enterprise, People and Systems: Building and Managing Businesses that Outlive Seasons, Cycles and Crises.
The programme aims to equip leaders with the insights, tools, and networks required to build resilient organisations in an increasingly complex business environment.
It will provide a unique platform for executive-level engagement through high-level conversations, peer learning sessions with experienced leaders, strategy reflection workshops, and curated networking opportunities.
Expected to attend are industry leaders, senior executives, and business managers from across sectors. They will explore strategies for sustaining organisational performance through leadership transitions, economic cycles, regulatory shifts, and market disruptions.
Participants will also benefit from interactive discussions focused on strengthening corporate governance, developing agile leadership capabilities, and building organisational systems that can withstand periods of uncertainty and transformation.
A notice from NECA said the event is open to both members and non-members, with participation fees set at N300,000 for members and N320,000 for non-members. Discounts will also be available for Gold and Silver members, subject to applicable terms and conditions.
Interested participants are encouraged to register via the official registration link to secure their place at the retreat, which promises to deliver valuable insights and connections for executives seeking to build enterprises capable of thriving through seasons of change and uncertainty.
The Director-General of NECA, Mr Adewale Smatt-Oyerinde, noted that by convening business managers and senior executives in a collaborative learning environment, the association aims to contribute to the development of stronger, future-ready enterprises that can drive economic growth, create jobs, and support national development even in the face of evolving global and local challenges.
He added that the retreat will provide executives with the opportunity to step away from daily operational demands and engage in deeper strategic conversations with peers and industry experts.
“The theme of this year’s retreat speaks directly to the realities businesses face today. Across sectors, organisations are navigating leadership transitions, regulatory shifts, economic pressures, and technological disruption.
“What distinguishes enduring enterprises is their ability to build strong systems, develop capable leaders, and create organisational cultures that can adapt and respond effectively to change,” the NECA chief said.
General
Egbin Power Commissions 80 New Staff Housing Units
By Modupe Gbadeyanka
In further demonstration of its unwavering commitment to its workforce, Nigeria’s foremost power generation company, Egbin Power Plc, has unveiled 80 new residential housing units for employees within its plant premises in Egbin, Lagos State.
This comprises 40 fully furnished three-bedroom apartments and 40 furnished studio apartments, all designed to contemporary standards.
The units feature modern infrastructure and thoughtfully planned utilities, creating a safe, comfortable, and conducive living environment that supports both employee productivity and family well-being.
This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence.
The new housing units are part of a holistic strategy to cultivate a stable, motivated, and future-ready workforce.
This strategy extends beyond infrastructure to encompass robust career development and recognition. Over the past three years, Egbin Power has promoted 112 employees across various cadres, reinforcing a culture that rewards merit, performance, and long-term dedication
“At Egbin Power, our people are our most valuable asset. Even amidst the prevailing liquidity and operational realities within the broader power sector, our focus on employee welfare has remained deliberate and consistent.
“This significant expansion of our residential estate is a tangible expression of that commitment.
“It is one of several key initiatives aimed at ensuring our employees feel genuinely supported, allowing them to thrive both personally and professionally,” the chief executive of Egbin Power, Mr Mokhtar Bounour, said.
Initiated in 2025 and completed in January 2026, this project is the latest milestone in Egbin Power’s structured and ongoing approach to enhancing employee welfare. It reflects the energy firm’s dedication to fostering a culture where every team member feels valued, secure, and motivated.
General
NGX Group, CSCS, WIMBIZ to Ring Bell for Gender Equality
By Aduragbemi Omiyale
On Tuesday, March 10, 2026, at the Nigerian Exchange Group House in Lagos, the role of capital markets in promoting gender equality will be reemphasised through the closing gong ceremony in commemoration of International Women’s Day 2026.
The ceremony is part of the global Ring the Bell for Gender Equality campaign, which mobilises stock exchanges worldwide to expand women’s participation in the economy and advance gender-inclusive practices.
In Nigeria, the NGX Group is partnering with the Central Securities Clearing System (CSCS) Plc and Women in Management, Business and Public Service (WIMBIZ) to make it memorable under the theme Rights. Justice. Action. For ALL Women and Girls.
Dignitaries expected at the ceremony include the Minister of State for Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu; the First Lady of Imo State, Mrs Chioma Uzodimma; the Executive Commissioner for Legal and Enforcement at the Securities and Exchange Commission (SEC), Ms Frana Chukwuogor; foremost actor, Ms Funke Akindele; a Director at the NGX Group, Ms Ojinnika Olaghere; and another staffer of NGX Group, Mrs Fatima Wali-Abdulrahman, alongside board members of NGX Group, regulators, capital market stakeholders, and industry leaders.
NGX Group is joining other exchanges worldwide in sounding the NGX Gong to underscore the importance of inclusive leadership, equal opportunities, and stronger market accountability in advancing gender equality.
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