General
NSE Hosts Seminar to Mark 2017 Int’l Women’s Day
By Modupe Gbadeyanka
A programme will hold on Wednesday, March 8, 2017, at the Stock Exchange House, Lagos to mark the 2017 International Women’s Day.
The event, themed ‘Transcending Gender Limitations’, is organised by the Nigerian Stock Exchange (NSE) in partnership with Sustainable Stock Exchanges Initiative, United Nations Women, United Nations Global Compact, International Finance Corporation, the World Federation of Exchanges and Women in ETFs.
Business Post gathered that the half-day symposium is headlined by the first female Professor of History in Nigeria and author of ‘Nigerian Women Pioneers & Icons.’ Professor Bolanle Awe.
The event will also feature a panel discussion on ‘Transcending Gender Limitations,’ while the panellists comprise women from various spheres of social and economic activity, who have shattered the glass ceiling to succeed in their chosen profession.
Some of them are Mrs Ronke Sokefun, Commissioner for Urban & Physical Planning in Ogun State; Ms Ngozi Edozien, founder and Managing Director of Invivo Partners Limited; Mrs Betty Irabor, Founder and Publisher of Genevieve Magazine; Ms Tinu Awe, General Counsel and Head, Regulation, NSE; Ms Pai Gamde, Acting Head, Corporate Services Division, NSE and Mrs Mojisola Adeola, Council Secretary, NSE.
These women will share their unique journeys with participants while engaging in a focused deliberation that will further increase knowledge and awareness of the challenges and responses to gender equality in Nigeria.
The symposium id in its third consecutive year and is aimed to celebrate the social and economic achievements of women in many spheres of life and discuss avenues to accelerate gender parity.
Attendees at the event are drawn from corporate, education, government and non-governmental sectors.
According to the Chief Executive Officer (CEO) of the NSE, Mr Oscar Onyema, promoting gender equality and empowering women is a priority for the Exchange.
“At the NSE, we promote a working environment that is inclusive for all as we believe that achieving gender equality is paramount to developing the society.
“We have a female to male employees’ ratio of 1:2 and we are working towards improving the number.
“We are proud to host this symposium that allows us every year to bear witness to an exchange of stimulating stories of women’s achievements as well as celebrate what women can do and what women have done.”
“As a member of the Sustainable Stock Exchanges Initiative (SSEI), the Exchange is playing its part to accelerate the achievement of the United Nation’s Sustainable Development Goal (SDG) 5 which seeks to achieve gender equality and empower all women and girls by 2030,” he said.
Mr Onyema further stated that “The Exchange will join other exchanges around the world on the ‘Ring the Bell for Gender Equality’ drive, by using our Closing Gong ceremony to highlight the business case for women’s economic empowerment and also to highlight opportunities for the private sector to advance gender equality and sustainable development”.
“Reinforcing our commitment to eliminate gender inequality, we will be launching an Economic Dividend of Gender Equality (EDGE) campaign aimed at educating our listed companies and dealing members on the significance and economic importance of bridging gender equality.
“In addition, we will inaugurate NSE Gender Equality Men (GEM), a group of men who will support women in NSE towards achieving their potentials and help them to navigate work place challenges”.
Across the globe, International Women’s Day on March 8 represents an opportunity to recognise and celebrate the achievements of women, encouraging effective action while calling for greater equality.
Attendees at the NSE event will be able to win gift prizes provided by the following supporters of the event – Taos Cosmetics, BNatural Spa, Ethnik by Tunde Owolabi, Luxury Bargains, Keekx, Vane Beauty and Studio 24 Nigeria, Olori Cosmetics.
By Adedapo Adesanya
The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.
The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.
Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.
The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.
In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.
They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).
Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.
He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.
Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.
Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.
By Adedapo Adesanya
The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.
The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.
Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.
In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.
In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).
UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.
Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.
On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.
Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.
Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.
The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.
Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.
By Aduragbemi Omiyale
The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.
The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.
Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.
Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.
Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.
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