General
Stock Market Bigwigs, Others for Gender Equality Symposium in Lagos
By Modupe Gbadeyanka
On Thursday, March 8, 2018, the Nigerian Stock Exchange (NSE) will for the fourth consecutive year join other global exchanges to ring the bell for gender equality in celebration of the 110th International Women’s Day (IWD).
The event, themed ‘Press for Progress,’ is slated for the Stock Exchange House, Marina, Lagos and is aimed at motivating and uniting everyone to think, act and be gender inclusive.
As part of the activities lined up for the 2018 International Women’s Day celebration, the NSE will organise a half-day symposium which will be headlined by the Deputy British Deputy High Commissioner to Nigeria, Laure Beaufils and Dame Abimbola Fashola, former First Lady of Lagos State and Chairman, Learn NGO/Ella Care.
This free to attend symposium will also feature panel discussions by an array of thought leaders that include Tinuade Awe, Executive Director, Regulation, NSE; Patience Kunene, Executive Director, World Bank; Oscar N. Onyema, OON, CEO, NSE; Ali Baba, Nigeria’s foremost Stand-up Comedian and Actor; and Dan Agbor, Partner, Udo Udoma and Belo-Osagie amongst others. The event will be moderated by Titi-the-Dynamite.
The symposium is being organised in partnership with Sustainable Stock Exchanges Initiative, United Nations Women, United Nations Global Compact, International Finance Corporation, the World Federation of Exchanges, Women in ETFs, and Women in Management, Business and Public Service (WIMBIZ).
It will attract about 200 female participants from the corporate, education, government and non-governmental sectors, who will stand a chance to win great prizes during the raffle draw.
Commenting on the planned celebration, Olumide Orojimi, Head, Corporate Communications stated that, “As a sustainable stock exchange, we are pleased to offer our platform to putting the required spotlight on the call for recognition of the achievements of women, and supporting the call for equality and justice.
“This initiative reaffirms our pledge for parity at the NSE and serves as a stimulant for our ecosystem to do same.
“We look forward to great insights that will accelerate the bridging of the gender gap, as we think 217 years, as contained in the World Economic Forum Global Gender Gap Report 2017, is a long time to wait to achieve gender parity.”
“Currently at The Exchange, 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 making sure footed steps to increase the number of women in our employment and especially those in leadership positions.
“The Exchange, in 2017, took steps to address the lack of female representation on its National Council by electing three female members at the last 2017 Annual General Meeting.
“Today, NSE has 23% female representation on the National Council as opposed to the zero representation in 2016”, Orojimi added.
The NSE International Women’s Day Symposium provides an opportunity for participants and women in particular, to partake in the exchange of stimulating stories of women’s achievements as well as celebrate what women have done and what women can do.
It is also an avenue to showcase the NSE and its partners’ commitment to supporting the aspirations of women and girls as essential ingredients for building a more sustainable world.
General
INEC Shifts 2027 Presidential, N’Assembly Elections to January 16
By Adedapo Adesanya
Nigeria will hold next year’s presidential and National Assembly elections a month earlier than planned, after the Independent National Electoral Commission (INEC) revised the polling schedule.
The elections will be held on January 16, instead of the previously announced date of February 20, INEC said in an X post, signed by Mr Mohammed Kudu Haruna, National Commissioner and Chairman, Information and Voter Education Committee.
There were also changes to the Governorship and State Houses of Assembly elections initially fixed for Saturday, March 6 2027, in line with the Electoral Act, 2022, have now been moved to Saturday, February 6, 2027.
The electoral commission said the changes were caused by the enactment of the Electoral Act, 2026 and the repeal of the Electoral Act, 2022, which introduced adjustments to statutory timelines governing pre-election and electoral activities.
“The Commission reviewed and realigned the schedule to ensure compliance with the new legal framework,” it said.
INEC said party primaries (including resolution of disputes) will commence on April 23, 2026 and end on May 30, 2026, after which Presidential and National Assembly campaigns will begin on August 19, 2026, while Governorship and State Houses of Assembly campaigns will begin on September 9, 2026.
It noted that campaigns will end 24 hours before Election Day, and political parties have been advised to strictly adhere to the timelines.
INEC also stated it will enforce compliance with the law.
The electoral body also rescheduled the Osun Governorship election which was earlier scheduled for Saturday, August 8 2026, by a week to Saturday, August 15, 2026.
INEC noted that some activities regarding the Ekiti and Osun governorship elections have already been conducted, and the remaining activities will be implemented in accordance with the Electoral Act, 2026.
Speaking at a news briefing in Abuja two weeks ago, the chairman of INEC, Mr Joash Amupitan, expressed the readiness of the commission to conduct the polls next year.
The timetable issued by the organisation for the polls at the time came when the federal parliament had yet to transmit the amended electoral bill to President Bola Tinubu for assent.
Later that week, the Senate passed the electoral bill, reducing the notice of elections from 360 days to 180 days, while the transmission of results was mandated with a proviso.
General
NIMASA Rallies Stakeholders’ to Develop National Action Plan
By Adedapo Adesanya
The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged its commitment to provide the regulatory leadership, technical coordination, and stakeholder engagement required to successfully develop and implement a robust National Action Plan on maritime decarbonization in Nigeria.
The Director General of the agency, Mr Dayo Mobereola, made this known during the National Stakeholders’ workshop on the development of a National Maritime Decarbonization Action Plan, further describing the workshop as a critical step in actualising the Federal Government’s blue economy and climate objectives.
Represented by the Executive Director, Operations, Mr Fatai Taiye Adeyemi, the NIMASA DG underscored the significance of the IMO GreenVoyage2050 Project, a technical cooperation initiative /designed to support developing countries in implementing the IMO GHG Strategy.
According to him, the National Action Plan being developed will reflect national realities, leverage existing capacities, address identified gaps, and align with broader economic and environmental priorities of the federal government.
Mr Mobereola stressed that “this transition is not merely about compliance with international obligations, it is about safeguarding our marine environment, protecting public health, strengthening the blue economy, and ensuring that our maritime industry remains competitive and future-ready”, the DG said.
Also speaking at the event was the Technical Manager of the IMO GreenVoyage2050 Project, Ms Astrid Dispert, who highlighted that the overarching objective of the initiative is to advance a coherent and globally aligned regulatory framework to accelerate maritime decarbonization.
She also emphasised that NIMASA plays a pivotal role in driving the project at the national level.
The IMO GreenVoyage2050 Project provides technical expertise and institutional support to assist countries in developing and implementing National Action Plans that promote sustainable shipping practices, encourage investment in clean technologies, and strengthen capacity for long-term emissions reduction.
Through this collaboration, the federal government is advancing deliberate steps towards maritime decarbonization, reinforcing its commitment to global climate goals and ensuring a cleaner, greener, and more sustainable future for the sector.
General
BPP Mandates Digital Submission for MDAs From March 1
By Adedapo Adesanya
The Bureau of Public Procurement (BPP) has directed all Ministries, Departments and Agencies (MDAs) to comply with its digital submission process effective March 1.
The directive was contained in a circular signed by the Director-General of the Bureau, Mr Adebowale Adedokun, noting that the move was part of the bureau’s commitment to digital transformation and paperless governance.
It explained that the transition followed an earlier circular of Aug. 4, 2025, which introduced electronic submission procedures.
According to the bureau, it has successfully moved from physical filings to a dedicated e-mail service for document submissions and is now advancing to a more robust and integrated system.
The circular announced the inauguration of the BPP Digital Submission Portal, a web-based platform designed to enable MDAs submit procurement-related documents directly to the Bureau.
It stated that the automated platform would streamline the submission process, enhance transparency and ensure accelerated tracking of procurement-related documents and petitions.
“With effect from March 1, all MDAs will be required to use the portal to submit requests for ‘No Objection’ Certificates, approvals for ‘No Objection’ for special procurements, clarifications and status updates on submissions,” the bureau said.
It added that the portal would be hosted on the Bureau’s official website and would become fully operational from the effective date.
The bureau warned that physical submissions or manual hand-deliveries would no longer be prioritised and would eventually be rejected following the full transition to the digital platform.
It urged accounting officers to brief their procurement departments and ICT units on the development to ensure seamless processing of procurement activities from March 1.
It further advised MDAs to contact the Bureau via its official email for information on the onboarding process and integration into the portal.
The bureau emphasised that full compliance by all MDAs was required to ensure a smooth transition and avoid delays in the implementation of the 2026 fiscal year procurement processes.
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