Connect with us

General

NGX Group, CSCS Prepare for 2025 International Women’s Day

Published

on

International Women’s Day

By Aduragbemi Omiyale

The 2025 International Women’s Day themed Accelerate Action for All Women: Rights. Equality. Empowerment will be celebrated by the Nigerian Exchange (NGX) Group Plc and the Central Securities Clearing System (CSCS) Plc.

On Friday, March 7, the two organisations will host a special event, which is part of the global Ring the Bell for Gender Equality campaign.

This is in collaboration with the UN Sustainable Stock Exchanges Initiative (SSEI), the UN Women, UN Global Compact, the World Federation of Exchanges, and the International Finance Corporation (IFC).

The Minister of Arts, Culture, Tourism, and Creative Economy, Ms Hannatu Musa Musawa, will serve as special guest, and be joined by female board members of NGX Group and subsidiaries, including Ojinika Olaghere, Director, NGX Group; Mosun Belo-Olusoga, Director, NGX Group; Ngozi Edozien, Chairperson, NGX Real Estate; Lilian Olubi, Director, Nigerian Exchange Limited (NGX); and Amina Mohammed, Director, NGX Regulation, who will lead discussions on gender equality.

Other speakers include Frana Chukwuogor Executive Commissioner Legal and Enforcement, Securities & Exchange Commission; Sarah Cruikshank Ockman, Regional Manager for Pre-Investment and Advisory Services, International Finance Corporation; Hilda Baci, Founder, My Food by Hilda; Onome Komolafe Divisional Head, Business Services and Client Experience, CSCS; Pai Gamde, Chief Talent Officer, Coronation Group Limited; Adesuwa Okunbo-Rhodes, Founder and CEO, Aruwa Capital Management; Adaorie Udechukwu, Senior Gender Advisor, Africa, IFC; Solape Akinpelu, Co-Founder and CEO, HerVest Ng; Kari Tukur, Vice President, Customer Solutions Center, East & West Africa, Mastercard; Chalya Shagaya, SSA, Entrepreneurship Development to the President, Federal Republic of Nigeria; and Odiri Oginni, CEO, UCap Asset Management Ltd.

“As Africa’s leading integrated financial market infrastructure group, we are strategically driving gender equality through transformed policies, inclusive financial instruments, and pathways that unlock women’s economic potential.

“Our IWD celebration highlights our commitment to partnerships and market innovations that make gender equality fundamental to Nigeria’s economic growth,” the chief executive of NGX Group, Mr Temi Popoola, stated.

As part of its commitment to gender equality, NGX Group has been at the forefront of driving systemic change within Nigeria’s corporate ecosystem.

Through strategic partnerships, including the International Finance Corporation (IFC) on the Nigeria2Equal Project,

NGX Group has championed initiatives to close gender gaps in leadership, employment, and entrepreneurship within the private sector.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

General

Finance Ministry Directs Shippers, Airlines to Submit Manifests via Single Window Project

Published

on

NLNG Shipping Arm

By Adedapo Adesanya

The Ministry of Finance has directed all shipping companies and airlines operating in Nigeria to submit their manifests through the Single Window Project (SWP) as part of efforts to strengthen cargo tracking and transparency.

The submission of shipping manifests before the change of policy was handled exclusively by the Nigeria Customs Service (NCS) for onward cargo processing and port clearance.

However, following a memo from late last year signed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, all shipping firms and airlines were directed to integrate with the National Single Window platform to ensure seamless Manifests submission.

“I would like to bring to your attention that His Excellency, President Bola Ahmed Tinubu inaugurated the National Single Window (NSW) Project on the 16th of April 2024.

The NSW Project aims to streamline and automate import and export processes at Nigeria’s entry & exit ports, with the dual goals of enhancing trade facilitation and increasing government revenue.

“By integrating the operations of multiple government agencies involved in trade processes on one platform, the NSW platform will ensure faster clearance of goods and services, improve operational efficiencies at the imports and significantly reduce bureaucratic bottlenecks.

“Key components of the Single Window as defined by the World Trade Organisation (WTO) and World Customs Organisation (WCO) include: (a) a single-entry point i.e. traders, shipping lines, airlines and other stakeholders should submit all required import and export documentation through a single-entry point on a centralized digital platform, and (b) single submission i.e. all documentation should only be submitted once and data only entered once.

“As a result, the NSW Platform will be the single-entry point of submission for all Sea and Air Manifests. Therefore, all shipping lines and airlines are therefore directed to integrate with the NSW Platform to ensure seamless Manifests submission,” parts of the memo read.

The Comptroller-General of the NCS, the chairman of the Nigerian Revenue Service (NRS), the Managing Director of the Nigerian Ports Authority (NPA), the Managing Director of the Federal Airports Authority of Nigeria (FAAN) and the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) were copied in the memo.

Continue Reading

General

Dangote Drags ex-NMDPRA Boss Farouk Ahmed to EFCC

Published

on

Dangote and Farouk

By Aduragbemi Omiyale

The petition written against the immediate past chief executive of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, which was withdrawn from the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has now been taken to the Economic and Financial Crimes Commission (EFCC).

The letter was written by the chairman of Dangote Industries Limited (DIL), Mr Aliko Dangote. It contained allegations of allegations of abuse of office and corrupt enrichment against Mr Ahmed.

The petition led to the resignation of the former NMDPRA chief from office last month.

It was gathered that Mr Dangote, through his legal representative, filed a formal corruption petition against him at the headquarters of the EFCC, with specific plea of prosecuting Mr Ahmed if found culpable.

The businessman said the withdrawal of the petition from the ICPC was a strategic move aimed at accelerating the prosecution process.

 In the petition signed by his lead counsel Mr O.J. Onoja (SAN), Mr Dangote noted that, “We make bold to state that the commission is strategically positioned along with sister agencies to prosecute financial crimes and corruption related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624)337.”

He further urged the anti-money laundering agency, under the leadership of Mr Olanipekun Olukoyede, “…to investigate the complaint of Abuse of Office and Corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”

“The commission’s firm resolve in handling this matter with dispatch is not only imperative and expedient but will also serve as a deterrent to other public officers out there with such corrupt proneness and tendencies,” he added.

Recall that on December 14, 2025, Mr Dangote raised concerns about Mr. Ahmed’s financial dealings, alleging that the former regulator is living far beyond his legitimate means.

According to him, four of Mr Ahmed’s children attended elite secondary schools in Switzerland, incurring costs running into several millions of dollars—an expenditure that raises questions about potential conflicts of interest and the integrity of regulatory oversight in the downstream petroleum industry.

Mr Dangote listed the schools attended by Mr. Ahmed’s children: Faisal Farouk (Montreux School), Farouk Jr. (Aiglon College), Ashraf Farouk (Institut Le Rosey), and Farhana Farouk (La Garenne International School), noting that each child spent six years in these institutions. He estimated annual tuition, travel, and upkeep per child at $200,000, totaling approximately $5 million for their secondary education.

Additionally, he alleged that Mr Ahmed spent another $2 million on tertiary education for the four children, including $210,000 for Faisal’s 2025 Harvard MBA program.

“Nigerians deserve to know the source of these funds, especially when many parents in Mr Ahmed’s home state of Sokoto struggle to pay as little as N10,000 in school fees,” Mr Dangote stated.

Continue Reading

General

Chimamanda Ngozi Adichie Loses One of Twin Sons After Brief Illness

Published

on

Chimamanda Ngozi Adichie

By Adedapo Adesanya

Nigerian author, Ms Chimamanda Ngozi Adichie, and her husband, Dr Ivara Esege, have lost one of their twin sons, Nkanu Nnamdi.

According to a statement issued on Thursday by Ms Omawumi Ogbe, on behalf of the family, the 21-month-old baby passed away on Wednesday, January 7, 2026, after a brief illness.

The statement said the family is devastated by the loss, and requested that their privacy be respected during this difficult time.

“We’re deeply saddened to confirm the passing of one of Ms Chimamanda Ngozi Adichie and Dr Ivara Esege’s twin boys, Nkanu Nnamdi, who passed on Wednesday, 7th of January 2026, after a brief illness. He was 21 months old.

“The family is devastated by this profound loss, and we request that their privacy be respected during this incredibly difficult time.

“We ask for your grace and prayers as they mourn in private.

“No further statements will be made, and we thank the public and the media for respecting their need for seclusion during this period of immense grief,” the statement read.

Ms Adichie is known for works including Half of a Yellow Sun, Americanah and her 2012 Ted Talk and essay We Should All Be Feminists, which was sampled by Beyoncé on her 2013 song Flawless.

The 48 year old writer had her first child, a daughter, in 2016. In 2024, her twin boys were born using a surrogate.

In 2020, her 2006 novel Half of a Yellow Sun was voted the best book to have won the Women’s Prize for Fiction in its 25-year history.

Her latest book, Dream Count, was published in 2025.

Continue Reading

Trending