General
Phillips Consulting Launches Learning Platform for Business Owners
By Dipo Olowookere
As part of efforts to help entrepreneurs, ideapreneurs and big corporate boost learning of work in Nigeria, Philips Consulting, has launched a microservices platform called Micro-Courses.
The platform is a tool that seeks to drive the reskilling of ecosystems and support diverse communities, with interactive platforms that bridge the transition gap into the future.
“Several mega-trends are bringing a radical shift to the way we work, live and learn. We are looking, listening, learning and creating banisters for all genres of the corporate world to transition smoothly on the unprecedented path to the future of work,” a senior Consultant Learning Innovation at Philips Consulting, Mr Fokanferanmi Okojie said.
Work as it is known has always poised to undergo a massive transformation driven by several developments. It has been characterized by conflicting information and rooted behaviours for almost a decade.
This left plenty of room for debates across the advancement of technology, the talent evolution, the data boom, and more.
The reality, however, is that the transformation of work is painting an even bigger picture than we envisioned or planned for.
“The creative destruction of COVID-19 has ultimately led to an acceleration of said changes and workplaces have been taken over by radical innovation,” Mr Okojie added.
Despite emergence from the pandemic lockdown, he said, “Our unemployment rates are skyrocketing daily, youth are shaken and those currently employed are clearly unprepared for the future that is speedily presenting itself.”
“The systems designed to support learning at all levels are just as inadequately prepped for the change. The quality of our long-term professional talent pool is dwindling and the influx of youths into the workforce only fails deeper when they are on-boarded to a corporate system with no plan for the future of work,” Mr Okojie said.
According to Nwaji Jibunoh, Head of Training at Philips Consulting, “Nigeria is at the inflection point where the name of the new game is how best prepared you are for the future. Upskilling yourself will no longer be about fulfilling requirements but about survival”.
Mr Jibunoh stated that as technology continues to evolve and adoption accelerated, moving closer and closer towards fully automated systems, the future of work and the emerging technology skillsets required, are no longer conversations for tomorrow, but rather, for today.
COVID-19 has forced us to re-imagine the way that we work digitally, and it has brought reality into our lives in many unimaginable ways. The growth of the digital workplace will continue unabated.
Meanwhile, the managing director of Philips Consulting, Rob Taiwo said, “COVID-19 has accelerated the rate of technology adoption. Recent pandemic GDP indicators in Nigeria suggest that we will continue to see ICT growth.”
“However, whilst we expect the impact to remain fairly low in the manufacturing sector, we can expect major disruption in financial services and logistics.
“Policy change and training are powerful tools that the public and private sector can use to prepare human capital for the impending disruption,” he said.
As an innovative and tech-driven company, Phillips Consulting has developed a solution that shall address the challenges this current environment faces, adding that the pcl. Micro Courses is a virtually led interactive learning intervention.”
Mr Taiwo said, “Our learning team will psychometrically profile learners and guide them to courses they genuinely need for their development.
“Every course offered is an opportunity to interact with hundreds of minds per bite-sized session and active learners are prioritized into the pcl talent pool for job opportunities.
“These courses will inspire, educate and shape learning for the future, whilst disrupting a stagnant career trajectory.”
General
4th South Africa Focus Week Begins in Lagos to Strengthen Bilateral Ties
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
General
EFCC Arrests Ex-Skye Bank Chair Tunde Ayeni Over Alleged Diverted Loans
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
General
Customs, Police Commence Tighter Security at Ports to Protect Oil Trade
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
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