Lawmaker Cautions Wike over “False Alarms”

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 The Lagos State Government has signed two deals bordering on waste management at the ongoing 28th session of the Conference of Parties (COP28) in Dubai, United Arab Emirates. According to Governor Babajide Sanwo-Olu, waste conversion initiatives, which the state pitched at the global climate summit, have attracted significant interest from investors. These are the Advanced Garbage Collection and Waste-to-Energy project and the building of a new sewage treatment plant. Mr Sanwo-Olu confirmed the deals on Sunday at an event held at Nigeria Pavilion, where he also presented Phase Two of the Lagos State Climate Adaptation and Resilience

By Adedapo Adesanya The President of the African Export-Import Bank (Afreximbank), Professor Benedict Oramah, has been recognised with the Forbes Africa magazine 2023 Person of The Year award. At a well-attended award ceremony in Cairo, which also included the unveiling of the cover for Forbes Africa’s December 2023/January 2024 edition featuring Mr Oramah as cover personality, Mr Rakesh Wahi, Forbes Africa Founder and Publisher, and Ms Roberta Naicker, Managing Director, said that the award recognised the stellar accomplishments of leading Africans contributing to the development of the continent. “With a career spanning three decades at Afreximbank, Prof. Benedict Oramah is

By Adedapo Adesanya  PricewaterhouseCooper (PwC) Nigeria has commended the country’s move towards fixing its copious electricity challenges with the Electricity Act 2023 and proposed key amendments that will ensure the issues are faced head-on, At the 14th edition of its Annual Power and Utilities Roundtable, with the theme The Electricity Act 2023: Powering Nigeria, the Partner and Energy, Utilities and Resources Leader at PwC Nigeria, Mr Pedro Omontuemhen, noted that, “The 2023 power roundtable’s timing coincides with the ongoing COP 28 in Dubai, highlighting the urgent need for continued action on climate change especially in the area of renewable energy.”

By Aduragbemi Omiyale The House of Representatives has called on the Central Bank of Nigeria (CBN) to ensure commercial banks operating in the country use coins for transactions, stressing that they remain a legal tender. At the plenary on Tuesday, the lawmaker from Bauchi State, Mr Muda Lawal Umar, said the nation spent scarce resources to mint the currency but lamented that it is not used to the fullest. According to him, the refusal to use coins in Nigeria has significantly affected smooth financial transactions, especially Nigerians, who now bear the brunt of prices summed up to the nearest Naira

By Adedapo Adesanya One year since the World Health Organization’s COVAX global vaccine programme made its first delivery in Africa, 83 per cent of the continent’s population is yet to receive a single dose of the life-saving COVID-19 jabs. This was disclosed by the WHO Director-General, Dr Tedros Adhanom Ghebreyesus, who added that vaccine nationalism and manufacturers prioritizing high-income countries severely limited the number of vaccines COVAX was able to supply in the first half of last year. “This is not only a moral failure, but it is also an epidemiological failure, which is creating the ideal conditions for new

**Emerges PR Personality of the Decade By Modupe Gbadeyanka Lead Strategist and Chairman of TPT International Limited, Mr Adetokunbo Modupe, has emerged Outstanding PR Personality of the Decade. His overwhelming recognition was the highpoint of the 2017 Marketing Edge Awards, held last weekend in Lagos at the Federal Palace Hotel. According to the organisers, the programme is aimed at recognising and rewarding excellence in Nigeria’s Public Relations, Advertising and Marketing Communications sectors. Toks, as he is fondly called, has earned himself and his agency a reputation for creativity and daring spirit, some of the attributes that have seen his agency

Small and Medium-sized Enterprises (SMEs), among other obstacles, are faced with the inability to have a seamless business operation due to internet connectivity. There is a need to digitalise businesses for a wider reach and global influence. Service providers have come up with strategies to enhance internet access. 3G, 4G, and 5G are now the standard levels of internet connectivity. Internet penetration is a crucial indicator for the adoption of technologies to access the usage of the internet in regions, as demographics are a factor. Internet penetration is lower in many developing nations because of poor infrastructure, expensive expenses, and

By Modupe Gbadeyanka There’s just something about the word space. Everyone craves it. Young people guard and sometimes, deify it. Individuals, businesses, and nations would give anything to safeguard it. And when you add the word safe before it, a whole new meaning is formed. Perhaps one of the greatest challenges of today’s world is ensuring safe spaces. This is the focus of the 2018 International Youth Day Celebration. Increasingly, we are witnessing young people engage more actively in issues that affect their future and wellbeing. For example, around the world, the #NotTooYoungToRun movement has gained momentum and even in

By Dipo Olowookere Lagos State government on Thursday said about N99.7 billion worth of properties were saved from fire incidences recorded in the State in the last one year. Commissioner for Special Duties and Intergovernmental Relations, Mr Oluseye Oladejo, said the government stepped up its emergency apparatus to respond to fire disasters and other emergency situations. “I can give you some information about the value of the properties saved from fire disasters and that would give an estimate total of N99.72 billion during the period under review and the estimated properties lost totals N16.62 billion,” Mr Oladejo said. Speaking further,

By Adedapo Adesanya The management of Infinity Trust Mortgage Bank Plc (ITMB) has expressed its intention to make its shareholders smile in the coming years, with the mapping out of some strategies to make this happen. Some day ago, the company was at the Nigerian Stock Exchange (NSE) to present its Facts Behind The Figures to investors, members of the investing community as well as the media. During the event covered by Business Post, Managing Director/CEO of Infinity Trust Mortgage Bank, Mr Onabanjo Obaleye, stated that the firm plans to double its investments in the next three years. According to

By Modupe Gbadeyanka On Friday, November 25, 2022, stakeholders will converge on the Zone Tech Park, Gbagada, Lagos, by 10 am to discuss the use of digital technology to increase sales or revenue in a fast-evolving digital world. The programme, called the Lagos Digital Summit, in its sixth edition, is being packaged by Mustardels Media and Expoze Nigeria. It is a gathering of digital communication adopters, professionals and enthusiasts for the accelerated development of their businesses and the attainment of consistent value-add to various sectors and spheres of existence in Nigeria. “Over 1,000 attendees are expected to attend the event,