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APC Chairman, Nentawe Yilwatda, Hails President Tinubu at 74

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Professor Nentawe Yilwatda, National Chairman, All Progressives Congress (APC), on behalf of the National Working Committee, leaders, stakeholders, members and supporters of the All Progressives Congress (APC) across Nigeria and in the diaspora, has congratulated His Excellency, President Bola Ahmed Tinubu, GCFR, on the occasion of his 74th birthday.

Yilwatda noted that the occasion is not only a moment of celebration for our great Party and our nation, but also an opportunity for Nigerians to reflect on the life, legacy, courage and enduring contributions of a statesman whose political journey has profoundly shaped the democratic evolution and development trajectory of our country.

President Bola Ahmed Tinubu’s life has been defined by uncommon vision, resilience, strategic leadership, and an abiding commitment to nation-building.

Over the decades, he has distinguished himself as a patriot, reformer, democrat, bridge-builder and bold thinker who has consistently placed the national interest above personal comfort. From his days in the trenches of the democratic struggle to his remarkable stewardship as Governor of Lagos State, and now as President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, he has remained a symbol of purposeful leadership and progressive governance.

Today, as he marks 74 years of impactful living, the national chairman said Nigeria is witnessing a decisive era of courageous leadership and transformational reforms under his watch. President Tinubu came into office at a critical moment in our national life, with the resolve to confront longstanding structural distortions in our economy and governance architecture.

Rather than postpone difficult but necessary decisions, Yilwatda said the president has demonstrated statesmanship by initiating bold and far-reaching reforms aimed at laying a sustainable foundation for national prosperity, economic stability and inclusive growth.

The reform programmes of the Tinubu administration are visionary, strategic and deeply rooted in the long-term interest of the Nigerian people. His administration has shown uncommon courage in addressing inherited economic challenges through difficult but necessary policy choices designed to reposition the country for greater productivity, competitiveness and resilience, he said.

Under President Tinubu’s leadership, Yilwatda said Nigeria is undergoing a broad-based recalibration of its economic and governance systems. His administration has taken practical steps to stabilize the economy, restore investor confidence, strengthen fiscal discipline, improve revenue generation, deepen infrastructure development, reform critical sectors, expand social interventions and create an enabling environment for enterprise and innovation. These reforms, though demanding in the short term, are foundational and transformative in their long-term implications.

Notably, he said the President Tinubu has remained steadfast in his commitment to renewing hope for millions of Nigerians through deliberate policies aimed at improving livelihoods, supporting vulnerable citizens, boosting agriculture, reviving industry, enhancing energy security, expanding access to education and healthcare, and improving the overall ease of doing business in Nigeria.

He said the administration’s focus on infrastructure renewal, digital innovation, youth empowerment, local production, social investment, and subnational collaboration reflects a comprehensive and future-facing governance philosophy.

Equally commendable is the administration’s determination to strengthen national security, preserve unity, and build a more stable and confident federation where every Nigerian can aspire, contribute and thrive.

President Tinubu’s leadership style continues to reflect firmness, clarity of purpose, political wisdom and an unwavering belief in the greatness of Nigeria. At a time when the nation requires courage more than convenience, he has shown the character and capacity of a leader prepared to make history, not merely manage it.

As a Party, the All Progressives Congress is proud of the bold reformist direction of this administration and the discipline, focus and patriotism with which President Tinubu is steering the ship of state.

“We acknowledge that meaningful reform often comes with temporary discomfort, but we are convinced that the sacrifices of today will yield a stronger, more prosperous and more equitable Nigeria for present and future generations, he said.

“Indeed, President Bola Ahmed Tinubu has continued to inspire confidence across the nation through his steadfast dedication to democratic ideals, institutional strengthening and responsible governance. His leadership embodies the progressive values upon which our Party is built, courage, justice, development, inclusion and national renewal.”

 

As he celebrates his 74th birthday, we honour not just his age, but the depth of his service, the strength of his convictions, and the historic significance of his leadership at this defining moment in our nation’s journey.

“On this special occasion, I join millions of Nigerians, friends of Nigeria and admirers of purposeful leadership around the world in praying that Almighty God grants Mr. President renewed strength, divine wisdom, sound health and greater grace to continue leading our beloved country to peace, stability and enduring prosperity.”

“Happy 74th Birthday, Your Excellency. Nigeria is grateful for your service.

The All Progressives Congress is proud of your leadership. History will remember your courage, Yilwatda said.

 

 

NCC Directs Telecom Operators to Compensate Subscribers for Poor Network Service

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The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) to provide compensation to subscribers whose network quality of service experience is below specified targets within specific locations.

The Commission’s position is that subscribers should not be made to bear the full burden of service disruptions where operators fail to meet prescribed standards of service delivery.

Under this directive, erring operators will compensate affected users directly for breaches of Quality of Service (QoS) Key Performance Indicators (KPIs).

Mobile Network Operators (MNOs) shall be required to pay these compensations for instances of poor quality of service recorded within specified time frames.

The compensation will be provided in the form of airtime credits, calculated based on subscribers’ average spending patterns and their presence within Local Government Areas where service failures occur.

The directive is rooted in the Commission’s broader regulatory philosophy that places the consumer at the centre of Nigeria’s telecommunications ecosystem. Telecommunications services today underpins economic activity, social interaction, and access to digital opportunities. When service quality is poor, the consequences affect productivity, commercial activities, and even public confidence in our communications system.

While regulatory fines have traditionally served as a deterrent against poor service delivery, the Commission is adopting a more consumer-focused approach that strengthens accountability within the industry.

The Commission has designed this measure to complement existing and ongoing efforts to strengthen service quality monitoring and enforce performance standards.

Further to this directive by the Commission to MNOs on compensation to consumers, the Commission is also mandating Tower Companies who own the critical infrastructure for Quality of Service delivery, such as masts, to invest in infrastructure with measurable outcomes using sums that it has fined these companies, in addition to other financial fines the Commission will deem appropriate.

The Commission will continue to reinforce the obligation of operators to invest consistently in network resilience, capacity expansion, and infrastructure upgrades to meet the growing demand for telecommunications services.

At the same time, it will deploy regulatory tools that promote fairness, transparency, and accountability across the sector, ensuring that every subscriber receives the quality of service they deserve while sustaining a telecommunications industry capable of powering Nigeria’s digital future.

 

BudgIT Demands Accountability over N129.5bn Disbursed on 2023 Census Without Result

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Nigeria’s last credible population census was conducted in 2006. Twenty years later, the most populous country in Africa still does not know how many people live within its borders.

This is not a minor administrative inconvenience. It is a governance crisis with consequences that touch every Nigerian in the classroom, in the hospital, in the ward, and at the polling booth.

What makes this crisis more alarming is what we have found in the public expenditure records. Tracka unravelled payments totalling N129.5 billion made to various contractors and service providers in connection with activities related to the conduct of the suspended 2023 National Population Census between February 2022 and December 2023.

The census, which was announced, partially mobilised, and ultimately truncated without a single enumeration result being published, has consumed billions of naira of public funds with no corresponding public accountability.

Our independent tracking has revealed that disbursements were made, among others, for the following items:

  • 38 billion for Personal Digital Assistants and Accessories
  • 47 billion for Hilux vehicles
  • 8 million for power banks
  • 19 million for an e-recruitment portal

These figures raise questions that the National Population Commission has, to date, refused to answer.

In keeping with our commitment to evidence-based accountability, Tracka formally wrote to the National Population Commission on 19 February 2026, under Reference No. TRK/FOI/NPC/001, invoking the provisions of the Freedom of Information Act, 2011. The letter, addressed to the Chairman of the National Population Commission, Hon. (Dr.) Aminu Yusuf, specifically requested:

First, the total amount of funds released and disbursed for the 2023 Population Census exercise from inception to date.

Second, a full breakdown of all disbursements, including amounts, dates, beneficiaries, and the purpose for which each payment was made. Third, the expected deliverables or outcomes tied to the funds disbursed so far. Fourth, the current status of the census project and any revised timelines for completion.

Fifth, any monitoring, evaluation, or audit reports concerning the use of these funds.

The letter was received and officially acknowledged by the Office of the Executive Chairman of the National Population Commission on 2 March 2026. That stamp is on record.

As of today, March 26, 2026, more than three weeks after receipt, the National Population Commission has provided no response, no acknowledgement of the specific requests, and no indication that a response is forthcoming.

This silence is not an administrative delay. Under the Freedom of Information Act 2011, a public institution is required to respond within seven days. The National Population Commission is now in clear violation of Nigerian law.

WHY THIS MATTERS BEYOND THE NUMBERS

According to Joshua Osiyemi, the Head of Tracka, “We recognise that for some, N129.5 billion is an abstraction, a large figure in a country accustomed to large figures. We want to be clear about what this money was supposed to deliver and what its absence means in practical terms.

An accurate, credible population census is not a statistical exercise. It is the foundation upon which every serious development decision in a modern state is built. Without it, children continue to attend overcrowded classrooms because governments cannot accurately project school-age populations or allocate educational resources equitably.

Hospitals and Primary Health Centres remain under-resourced because health planners are working with projections that are now two decades out of date. Federal allocations to states and local governments are distributed based on population estimates that no longer reflect demographic reality, deepening regional inequality and political grievance.

Social protection programmes from conditional cash transfers to school feeding schemes are designed on guesswork rather than evidence, meaning the most vulnerable Nigerians are routinely missed. Electoral representation, constituency delineation, and the allocation of political seats continue to rest on figures from 2006, a structural injustice embedded in Nigeria’s democratic architecture.

Behind every one of these consequences are real people, including children, patients, farmers, and mothers whose needs are systematically undercounted because Nigeria has not done what every serious country does as a matter of routine governance.”

N129.5 billion was paid, at least in part, to address this problem. The problem remains entirely unaddressed. Is the money gone? Meanwhile, the National Population Commission has not explained what happened.

OUR DEMANDS

Tracka, as a programme of BudgIT Foundation, makes the following formal demands:

To the National Population Commission: Respond to our Freedom of Information request immediately and in full, as required by law.

Publish a comprehensive public account of every naira disbursed for the 2023 census exercise, including the identity of all contractors, the value of all contracts, and the deliverables received against each payment. Provide a clear, time-bound roadmap for when Nigeria will have a credible, completed population census.

To the Economic and Financial Crimes Commission: We urge the Commission to take a serious interest in the disbursement and utilisation of the N129.5 billion tracked for this exercise. The scale of spending against the complete absence of outcomes warrants urgent investigative attention.

To the Independent Corrupt Practices and Other Related Offences Commission: We call on the Commission to examine the procurement processes through which contracts for Personal Digital Assistants, Hilux vehicles, power banks, and other accessories were awarded, and to determine whether due process was followed and whether value for money was obtained.

To the National Assembly Public Account Committee: The legislature has both the constitutional authority and the civic responsibility to summon the National Population Commission for a public hearing on the utilisation of census funds. We call on the relevant committees of both chambers to exercise that authority without delay. Nigerians deserve to hear these answers in public.

 

A FINAL WORD

Tracka exists because Nigerians deserve a government that can be held to account, not only at election time, but every day and in every line of the public budget. We will continue to track, verify, and publish findings on the use of public funds, regardless of the agency involved or the political sensitivity of the subject matter.

The suspended 2023 census is not simply a technocratic failure. It is a symbol of a governance culture in which billions can be spent, projects can be abandoned, laws can be violated, and institutions can remain silent without consequence.

We do not accept that silence. Nigeria cannot plan its future without knowing its people. And Nigerians cannot trust their government without knowing where their money went.

We will be watching. And we will keep asking.

Leadway Strengthens Commitment to Healthcare Advancement with Support for 2026 AMSA Medical Education Conference

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Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has reinforced its commitment to advancing healthcare and medical education across Africa with the announcement of its support for the Association of Medical Schools in Africa Medical Education Conference 2026.

The 2026 conference themed “Increasing Capacity and Retention of the Global Health Workforce,” will convene a diverse audience of medical schools, healthcare professionals, academics, and industry stakeholders.

The event is designed to foster learning, collaboration, and innovation, while addressing critical challenges facing healthcare systems across Africa and beyond.

“At Leadway, we recognise that healthcare is fundamental to sustainable development and national prosperity,” said Managing Director, Leadway Pensure, Olusakin Labeodan on behalf of the Leadway Group.

“Investing in platforms that strengthen medical education and support the development of a resilient health workforce is both a responsibility and a strategic imperative. Our support for the AMSA Medical Education Conference reflects our commitment to building systems that empower healthcare professionals, drive innovation, and improve outcomes across Africa.”

Also speaking on the initiative, Dr. Tokunbo Alli, Managing Director of Leadway Health, highlighted the company’s passion for progressive healthcare delivery. “We believe that the future of healthcare in Africa depends on how well we equip, support, and retain our medical workforce. By supporting initiatives like this conference, especially the Bioethics workshop, we are contributing to the development of well-rounded professionals who are not only clinically competent but also grounded in ethical practice and global standards.”

The AMSA Medical Education Conference continues to serve as a vital platform for engagement, bringing together thought leaders and emerging professionals to exchange ideas, build networks, and shape the future of healthcare delivery on the continent.

About AMSA

The Association of Medical Schools in Africa (AMSA), conceived in 1961 at the University of Ibadan and formally inaugurated in Kampala in 1963, serves as Africa’s leading voice in medical education. Revitalised by the WHO and African Union, AMSA drives collaborations to address Africa’s evolving health challenges.

About Leadway

Leadway is one of Nigeria’s foremost non-banking financial and wellbeing conglomerates, providing a comprehensive range of solutions across life and general insurance, health management, hospitality, and other financial services.

Established in 1970 and headquartered in Lagos, Leadway has built a distinguished legacy spanning over five decades, defined by resilience, innovation, and customer-focused excellence.

The Group remains dedicated to advancing sustainable growth, fostering community empowerment, and strengthening development of healthcare in Africa.

CBN Reaffirms Oversight, Assures Stability of Union Bank After Court Ruling

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 The Central Bank of Nigeria (CBN) acknowledges the judgment delivered on Wednesday, March 25, 2026, by the Federal High Court in Lagos concerning its regulatory action on Union Bank of Nigeria Plc (UBN) in January 2024.

The Bank is currently obtaining the Certified True Copy of the judgment and will review it carefully, reaffirming its unwavering commitment to the rule of law. As the apex regulatory authority, the CBN remains committed to acting in accordance with its mandate and established legal processes.

The CBN assures the public that UBN’s status is unchanged and that it remains fully capable of meeting its obligations to customers, depositors, and all stakeholders.

The CBN will continue to provide the necessary regulatory oversight to ensure Union Bank operates in a safe, sound, and stable manner, while maintaining public confidence in the financial system.

Mutual Benefits Strengthens Customer Confidence with ₦4.2bn February Claims Payout

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Mutual Benefits Assurance Plc, a leading player in Nigeria’s insurance industry, has paid a total of ₦4.2 billion in claims to policyholders in February 2026, reaffirming its commitment to delivering on its promises and supporting customers in times of need.

The payout reflects the company’s continued focus on claims settlement as a core pillar of its operations. Of the total amount disbursed, ₦2,328,265,311.83 was paid under the General (Non-Life) insurance portfolio, while ₦1,968,325,081.02 covered Life businesses, including Group Life and Retail Life policies.

Beyond the figures, the significance of claims payment lies in its real-life impact, particularly in helping individuals recover from loss and enabling businesses to maintain continuity in the face of disruption.

For one beneficiary, a business owner in the construction sector, a recent claim settlement proved critical during a challenging period:

“We encountered an unexpected loss on one of our project sites that could have significantly disrupted our timelines and increased costs. However, the prompt settlement we received from Mutual Benefits helped us stay on track and avoid further financial strain. It reinforced our confidence that insurance truly works when you need it most.”

Such outcomes highlight the practical value of insurance as a financial safety net in an increasingly uncertain operating environment.

In Nigeria’s insurance landscape, trust remains a key driver of adoption. Industry observers note that consistent claims settlement is one of the most effective ways to strengthen public confidence.

According to Kelvin Owok, an industry analyst: “The real test of any insurance company is not in policy sales but in claims payment. When insurers consistently meet their obligations, it sends a strong signal to the market and encourages wider participation.”

Mutual Benefits’ steady track record of claims payments continues to position it as a dependable partner for individuals, SMEs and corporate organisations.

Claims payments also play a broader economic role by injecting liquidity into businesses and households, enabling recovery and supporting financial stability.

As Nigeria’s economic landscape evolves, the role of insurance in mitigating risk and protecting investments becomes increasingly critical. By ensuring timely claims settlement, Mutual Benefits contributes to business resilience and economic continuity across sectors.

The February payout builds on the company’s consistent performance in claims settlement, reflecting operational efficiency and a strong commitment to customer satisfaction.

As Mutual Benefits continues to expand its reach and deepen engagement with customers, its focus remains clear: to provide reliable protection, deliver value at critical moments and strengthen trust in the insurance industry.

NCC Reaffirms Commitment to Expanding Broadband Access to Underserved Communities in Plateau State

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L-R: Deputy Director, Legal and Regulatory Services, Nigerian Communications Commission (NCC), Lawrence Abang; Plateau State Deputy Governor, Josephine Piyo; Executive Governor, Plateau State, Caleb Mutfwang; Executive Commissioner Stakeholder Management, NCC, Rimini Makama; Director, Digital Economy, NCC, Helen Obi during the Commission’s courtesy visit on the Plateau State Governor in Jos, Plateau State.

The Nigerian Communications Commission (NCC) has reaffirmed its commitment to fully leverage its mandate to deliver broadband access to underserved communities, which it said is central to its broader efforts of improving access to the opportunities that robust connectivity can unlock.

This position was reiterated on Monday during a courtesy visit by the Executive Commissioner, Stakeholder Management, NCC, Ms. Rimini Makama, to the Governor of Plateau State, Barrister Caleb Mutfwang, at the Government House, Rayfield, Jos, Plateau State.

During the visit, the Commission described Plateau State as a strategic and indispensable partner in the advancement of Nigeria’s national broadband agenda, citing the State’s strong educational base, growing innovation ecosystem, youthful population, and policy direction that supports digital transformation.

Ms. Makama said: “The NCC has identified Plateau State as a pivotal partner in Nigeria’s broadband agenda; not ceremonially, but strategically. You have the educational institutions, the growing innovation ecosystem at nHub and beyond, the youth talent, and now a Governor whose public commitments; from the Right of Way policy to the TechFest declaration, signal the political will that digital infrastructure demands.”

“We have taken notice. At the same time, we must be honest: many rural LGAs remain underserved, cut off from the digital economy that could transform their livelihoods. Bridging that divide is a shared responsibility, and the NCC is ready to fulfil its part,” she declared.

She further stated that the visit was “the beginning of a conversation” and that the NCC has a genuine desire to explore how its mandate and instruments can align with Plateau state’s “development agenda, from supporting the operationalisation of Right of Way policy, to exploring how the NCCs Universal Service Provision Fund can reach underserved communities across Plateau’s LGAs.”

Ms. Makama said the Commission’s recognition of Plateau State is based not on symbolism, but on clear indicators of digital potential already visible in the State.

She pointed to ongoing reforms, including Right of Way policy support and commitments made by the State Government at the Plateau TechFest, as evidence of the administration’s willingness to create an enabling environment for broadband expansion and innovation-led growth.

According to her, such policy alignment is critical to building the infrastructure foundation required for sustainable digital development.

The Executive Commissioner had observed that despite the State’s growing digital promise, many rural Local Government Areas remain underserved and excluded from the benefits of reliable connectivity. She noted that the persistence of access gaps in such communities continues to limit opportunities for education, enterprise, innovation, and access to digital services.

Receiving the Executive Commissioner for Stakeholder Management of the NCC, His Excellency, Barrister Caleb Mutfwang, commended the Commission’s recognition of Plateau State’s digital potential. He described the visit as both timely and significant, aligning with the administration’s declaration of 2025 as the year of digital innovation.

The Governor emphasised the need to move from policy discussions to practical, high-impact implementation, particularly in emerging areas such as Artificial Intelligence.

He noted ongoing initiatives, including collaboration with the United Nations Development Programme (UNDP) on establishing an innovation hub at Plateau State Polytechnic, and an existing Memorandum of Understanding with Solitran to accelerate broadband deployment statewide.

Highlighting the economic opportunities within the digital sector, Governor Mutfwang announced plans for a Business Process Outsourcing (BPO) initiative designed to create jobs for at least 500 young people who will work remotely from Jos. He stressed the urgency required to seize these time-sensitive opportunities and avoid losing competitive advantage.

The Governor further underscored the importance of a coordinated, whole-of-government approach to digital transformation, expressing concern over outdated administrative practices and emphasised the need for rapid adoption of modern, technology-driven systems to enhance governance, improve service delivery, and unlock opportunities in e-commerce and innovation.

 

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

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Being text of the speech by Alhaji (Dr.) Umaru Kwairanga, Group Chairman of NGX Group at the launch of the Happy Woman Digital Platform in Lagos.

I am very happy to be part of the launch of the Happy Woman Digital Platform, an initiative that I believe will have positive impact on the lives of Nigerian women.

As a father of Four Lovely and Brilliant Young Ladies, I am interested in any initiative that will enable women achieve their rightful place as equal partners in nation building.

Also, as a keen admirer of the leadership of our President, His Excellency, Asiwaju Bola Ahmed Tinubu and an APC stakeholder myself, I welcome programmes such as the Renewed Hope Social Impact Interventions which are structured to bring the benefits of the administration’s programmes closer to the ordinary citizens and make them feel and know the advantages of good governance.

I am pleased to see that the Happy Woman Digital Platform is an online initiative as that is going to be attractive to our youths who are technologically savvy and prefer to do most things on their handsets and digital devices.

Such a platform should also be faster, more transparent and efficient than manual systems that depend on human beings and paperwork. My advice, however, is that you should ensure that the system is robust and protected from cyber-attacks and downtimes. 

I also wish to suggest that it includes a local languages component and makes room for training so that it can reach more of our women at the grassroots, especially in the northern part of our country.

Let me, on behalf of the Nigerian Exchange Group, confirm that as an organisation that is committed to diversity and gender equality, we would be interested in discussing how the NGX can be part of this commendable initiative and that we look forward to partnering with the Federal Ministry of Women Affairs and Social Development to drive the platform to success.

In conclusion, I wish to commend the Honourable Minister, Hon. Imaan Sulaiman Ibrahim for the tremendous work she has been doing in the Ministry and wish her greater success in the days ahead.

Thank you very much. 

Alhaji (Dr) Umaru Kwairanga

Chairman NGX Group

 

As AI Reshapes PR, EvaluatePR Examines Trust, Truth and the Future of Communication

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P+ Measurement Services, Nigeria’s leading independent media intelligence and PR measurement agency, will host the 31st edition of its flagship thought-leadership platform, EvaluatePR on Friday, March 27, 2026 at 12:00 p.m. (WAT).

Themed “PR After the Algorithm: Trust, Truth & Intelligence in 2026,” this virtual session will convene professionals across public relations, communications, and media measurement to explore how algorithms, artificial intelligence, and digital ecosystems are reshaping reputation management, media influence, and audience trust.

With the increasing role of automation in communications, the event will challenge professionals to rethink how credibility is built and sustained in a fast-evolving digital landscape, while emphasizing the need for transparency, ethical measurement, and strategic intelligence.

The session will feature a distinguished lineup of speakers representing diverse expertise across global communications, media intelligence and analytics: Felicia Nugroho – Director, Analytics & Insights, Maverick Indonesia / Chair, Asia Pacific & International Board Director, AMEC; Cyrille Djami – Founder & Publisher, CommsOfAfrica; Strategic Communications, Editorial and Influence Consultant; Amrita Sidhu—Managing Director, Medianet / Director & Board Representative, AsiaNet / Board Member, AMEC; and Satira Osemudiamen Oreweme – Principal Consultant, Satira Media & Public Relations Limited.

Together, they will lead insightful discussions on how communicators can navigate the intersection of technology and trust, maintain authenticity in automated environments, and leverage data-driven intelligence to deliver meaningful communication outcomes.

Participation in the session is free, with access available via the official registration link:
https://bit.ly/4stWjUh

About P+ Measurement Services
P+ Measurement Services is Nigeria’s foremost media intelligence and public relations measurement agency.

As a trusted partner to brands and communication teams, the agency provides data-driven insights that evaluate media performance, reputation impact, and communication effectiveness.

Through its commitment to ethical measurement practices and global standards, P+ empowers organisations to make informed decisions that drive meaningful business outcomes.

 

 

NCDMB ES Upbeat about Radisson Hotel, Yenagoa as SA’s Edison Corp Promises World-class Services

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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has expressed confidence that the five-star Radisson Hotel and Conference Centre, Yenagoa, Bayelsa State, would be completed and commissioned in December 2026, just as South Africa’s Edison Corporation, incorporating Radisson Hotels Group, assured of world-class services.

Addressing visiting top executives of Edison Corporation and Megastar Technical and Construction Company, at the conclusion of a one-day project management tour and workshop at the Nigerian Content Tower (NCT), Swali, Yenagoa, Engr. Ogbe described the hospitality facility as a top priority project to the Board, whose progress he would be “following up every day, every week.”

“This project is critical to the Board, critical to Yenagoa, and to Bayelsa State and Nigeria,” he stated, adding, “With this hotel becoming functional at the end of the year, I believe there will be tourism in Bayelsa State; and that’s one of my dreams.”

According to him, “When I took up this job [as Executive Secretary in December 2024], I said I must make this hotel work.”

He commended the team from Edison Corporation and the project contractor, Megastar Technical and Construction Company, for the quality and pace of work, and reminded its Management that much responsibility rests on the company for delivery on schedule.

Engr. Ogbe said, “most of the critical aspects of the project have been resolved in terms of mark-up room, scope of work in terms of financing and contracting strategies,” and that he was sure all hands would be on deck to ensure that work proceeded unhampered.

In his own remarks, the Chief Executive Officer of Edison Corporation, Mr. Vivian Reddy, said the team from Edison Hotel Group was very excited to have come into a contractual arrangement with the NCDMB, assuring that “Radisson Hotel and Conference Centre, Yenagoa, will put this place on the world map.”

According to him, “what is so important with the group Radisson International is that, if anyone around the world looks for Radisson Yenagoa, they will see this place pop up and it’s going to help to uplift the area in terms of visitors and tourism.”

In a brief interaction with media men, he said: “Our role is to make sure we deliver a world-class quality hotel; from start to finish, we will open the hotel; we will furnish it.” He disclosed that his company is working with the main contractor to make sure the facility meets world-class standards.

On how the contractual deal with the NCDMB got finally sealed, he noted that it took great efforts. According to him, “getting Radisson in here wasn’t easy: It took months and months – in fact over one and a half years – of discussions and thousands of pages of documentation.”

He pointed out that such rigorous processes were not without gains. In his words, “when a group like Radisson, one of the largest hotel groups in the world, decides and commits that they will come in here, it actually is a mark of confidence in the area.”

The Edison boss, who is reputed to be the first South African businessman to lead a high-level business delegation from that country to Nigeria during the tenure of President Thabo Mbeki in 1999, was full of commendation for the NCDMB boss, describing him as “a great visionary, an excellent leader.”

“His vision and dream are going to become a reality,” he assured, adding, “we’re going to help him and make it – and it’s going to be the best hotel in this region.”

He also commended the project contractors and professional teams involved, stating that his team has every confidence in their technical competence.

On the team of Edison Corporation and Radisson International were Brian Sibusiso Mpono and Govindasami Monogren, among others.

The Radisson Hotel and Conference Centre, Yenagoa, as the NCDMB explained in a statement by the General Manager, Corporate Communications Division, Dr. Obinna Ezeobi, is designed to meet global five-star standards and is expected to serve as a strategic hub for industry conferences, investor engagements and high-level business meetings, thereby boosting economic activities in Bayelsa State and the Niger Delta.

 

 

 

 

DataPro Announces Media Training on Credit Rating for March 26

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Nigeria’s Technology-driven Credit Rating Agency (CRA) has announced March 26th 2026 as the date for its annual virtual training for media practitioners.

The training program was conceived by the company in 2021 as part of its Corporate Social Responsibility (CSR) projects in order to increase the investing public awareness about the value propositions of the Credit Rating Industry.

Participants from the Print & Electronic Media, Editors of Publications in the Capital Market, Financial Analysts, Communication Officers as well as Financial Industry Influencers are expected to attend the virtual program.

Speaking on the theme “Reporting Financial Analysis in the Age of AI.” the Company’s Executive Director/Chief Rating Officer, Mr. Oladele Adeoye noted: “Financial reporting is no longer just about numbers; it is about trust, transparency, and resilience. In the age of AI, media practitioners must be equipped to interpret dynamic data and communicate it in ways that empower society.”

The primary objective of the training is to equip media practitioners with a practical understanding of how AI tools are reshaping financial reporting and analysis.

DataPro also organises the International Credit Rating Webinar annually every October in continuation of its socialisation efforts at promoting the Rating industry and is regulated by the Securities and Exchange Commission (SEC).

WorldStage to Present Nigeria’s Macroeconomic Outlook 2026 on March 26

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World Stage Limited (WorldStage), a Nigerian-based research and technology-driven global focused firm has announced plans to present its Nigeria’s Macroeconomic Outlook 2026 on Thursday, March 26, 2026 at the LCCI-BOI Innovation Hub, Nurudeen Olowpopo Street, Alausa Ikeja Lagos by 10am.

According to a statement by WorldStage, the event will hold with a business talk titled “Nigeria’s Economy: Getting it right” by Engr Jani Ibrahim, President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

The Outlook titled “Turning the corner” which was produced in partnership with Zenith Bank, NLNG, CBN, NNPC Limited, Linkage Assurance and Fidelity Bank will be reviewed at the forum by Mr. Gbenga Omotosho, Commissioner for Information and Strategy, Lagos State.

Mr. Tim Akano, MD/CEO, New Horizons Nigeria in his Foreword for the Outlook said: “WorldStage Nigeria’s Macroeconomic Outlook 2026 arrives at a time when conversations about reform, productivity, and sustainable growth have become more crucial.

“This publication provides a thoughtful and well-researched perspective on various sectors that shape Nigeria’s economic landscape. From banking, capital markets, and telecommunications to agriculture, manufacturing, education, and the creative economy, the contributors provide insights that help readers understand both the opportunities and the complexities within the Nigerian economy.”

He added that, “what stands out in this outlook is its balanced reflection of ambition and realism. While the projections point to improving macroeconomic indicators and renewed momentum driven by ongoing reforms, the analysis does not ignore the structural challenges that still demand observation and attention particularly in infrastructure, productivity, funding, and regulatory efficiency in the country. Addressing these issues will determine how effectively Nigeria can translate policy intentions into measurable national progress.”

Mr. Segun Adeleye, President/CEO of WorldStage said: “We set out to produce one of the best and most comprehensive outlooks for Nigeria with this. We want it to stand out as a trusted document that all stakeholders including local and international investors can rely on throughout the year and beyond.”

The event is to be attended by major stakeholders in the economy including regulators, operators and the media.

Daily Economy to Mark 2nd Anniversary with Insurance Book Launch

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Daily Economy Concept, the Publisher of Daily Economy, a fast-growing multimedia platform, has announced plans to celebrate its second anniversary with the official launch of a landmark book titled “Trends in Nigeria’s Insurance Industry (2005–2025) & Selected Insurance Icons.”

The event is scheduled to hold on March 31, 2026, at the Lagos Oriental Hotel by 10:00 a.m. and is expected to bring together key stakeholders from across Nigeria’s insurance and financial sectors.

The occasion will feature prominent personalities in the insurance and financial services industry. The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Mr. Olusegun Ayo Omosehin, will be the Chief Keynote Speaker and Chief Presenter of the book.

The Chairman of the Occasion is the Chairman of Prestige Insurance Brokers Limited, Prince (Dr.) Feyisayo Soyewo, MFR, while the Special Guest of Honour is the Group Managing Director/CEO of the African Reinsurance Corporation, Dr. Corneille Karekezi.

Other distinguished guests expected at the event include the President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori; Chairman of the Nigerian Insurers Association (NIA), Mr. Kunle Ahmed; and President and Chairman of the Governing Board of the Nigerian Council of Registered Insurance Brokers, Mrs. Ekeoma Ezeibe.

The book, written by Nike Popoola, a multiple award-winning journalist and Editor of Daily Economy, provides a comprehensive account of the transformation of Nigeria’s insurance industry over the past two decades. It documents major reforms, regulatory developments, recapitalisation efforts, and the contributions of notable industry leaders.

Speaking ahead of the launch, Popoola said the publication was inspired by the need to document the industry’s evolution and preserve its institutional memory.

“This book is the product of extensive research and years of covering the insurance sector. It tells the story of how the industry has evolved from a relatively underdeveloped sector into one that is increasingly relevant to Nigeria’s economy. Importantly, it highlights the people whose contributions have shaped this transformation,” she said.

Also speaking on the significance of the event, the Publisher of Daily Economy noted that the anniversary and book launch represent a major milestone for the organisation.

“As a publication committed to deepening financial literacy and industry knowledge, we are proud to present this book as a contribution to the insurance ecosystem. It is not just a celebration of our journey over the past two years, but also a platform to spotlight the growth and potential of Nigeria’s insurance industry,” the Publisher said.

The publication offers rich insights for industry professionals, policymakers, researchers, and students, while also featuring photographic documentation of key events that have shaped the industry over the last 20 years.

The event will provide a unique platform for knowledge sharing, networking, and reflection on the future of insurance in Nigeria.

Alleged Missing N210tn: SERAP Threatens Senate President, Akpabio to Publish Names or Face Legal Action

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The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio to “direct the Senate’s Public Accounts Committee to publish the names and designations of all officials implicated in the alleged ₦200 trillion missing or unaccounted for from the Nigerian National Petroleum Company Limited (NNPCL), regardless of their social or political status.”

SERAP urged him to “direct the Committee to widely disclose details of the ongoing investigation, including audit reports, financial records, and official communications relied upon by the Committee, as well as the timelines for when any implicated officials should appear before it and for the conclusion of the investigation.”

SERAP also urged him to “direct the Public Accounts Committee to widely publish the complete records of the proceedings, including minutes, submissions, and evidence presented, to ensure transparency and enable Nigerians to independently scrutinise the evidence and process.”

The Public Accounts Committee is investigating allegations that about ₦200 trillion is missing from NNPCL’s accounts between 2017 and 2023. The Committee has raised concerns over unreconciled figures and lack of supporting documentation, yet several officials have failed to appear or provide satisfactory explanations.

In the letter dated 21 March 2026 and signed by SERAP Deputy Director, Kolawole Oluwadare, the organisation said: “Full disclosure of the ongoing investigation is essential to ensure transparency and accountability, prevent political interference, and allow Nigerians to independently scrutinise the facts and investigation.”

SERAP said: “The allegations that ₦200 trillion is missing or unaccounted for, whether fully accurate or partly overstated, can only be taken seriously by Nigerians if the Senate is fully transparent in its ongoing investigation regarding the credibility, plausibility, and accuracy of the claims.”

According to SERAP, “Transparency regarding the ongoing investigation would prevent any perception of a cover-up or political compromise, and ensure that the facts are clearly established.”

The letter, read in part: “Providing complete and verifiable information would allow the public and oversight institutions to assess the situation objectively and determine where the truth lies regarding the allegations.”

“The magnitude of the sum, combined with the NNPCL’s history of opaque practices, underscores the urgency of a thorough, impartial, and transparent investigation.”

“Allowing these allegations to be ignored, delayed, or politicized risks normalising impunity and diminishes the public’s right to know how national wealth is being managed.”

“There is a legitimate public interest in ensuring that all discrepancies are fully examined and that those responsible are identified and held to account, as part of a broader effort to strengthen governance and protect the nation’s economic future.”

“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel you and the Senate to comply with our request in the public interest.”

“The ongoing probe by the Public Accounts Committee into the alleged missing ₦200 trillion from the NNPCL has been dragging for an extended period, with repeated delays in the appearance of officials and slow progress in reconciling the disputed figures.”

“Such delays undermine public confidence in the investigative process and create the risk of key evidence being lost or distorted.”

“It is imperative that the Committee promptly concludes its investigation in a timely and transparent manner, with clear timelines for the appearance of implicated individuals and the publication of findings, so that accountability is achieved and Nigerians are able to fully understand the outcome.

“The NNPCL has long operated with significant opacity in its financial and operational activities, which has repeatedly limited public oversight and created fertile ground for corruption, mismanagement or misreporting.”

“Given the central role of the NNPCL in managing Nigeria’s primary source of revenue, the company ought to be held fully accountable for all funds under its stewardship.”

“Transparency in the operations of the NNPCL is a matter of public interest and public trust. Failure to ensure accountability regarding the allegations undermines confidence in the management of the country’s resources and increases the risk of financial impropriety going unchecked.”

 

“Given the scale of the figures involved and the public importance of the NNPCL, there have been growing calls for full disclosure of all relevant records, evidence and explanations to enable independent scrutiny by Nigerians.”

“Public institutions such as the Senate, exercising oversight over national resources, must do so in a manner that is transparent, accountable, and open to public scrutiny.”

“Proactive disclosure of the audit reports, financial records, and official communications relied upon by the Committee would enable Nigerians to independently assess the credibility of the allegations and the integrity of the investigative process.”

“Publishing the names and designations of all officials and entities under investigation, regardless of status or influence, is critical to reinforcing the principle of equality before the law and preventing any perception of selective accountability.”

“Transparency in this regard would help build public confidence that the investigation is not being shaped by political considerations or undue influence.”

“Similarly, making available the full records and transcripts of the Committee’s proceedings—including minutes, submissions, and evidence—would ensure that the process is subject to informed public oversight and reduce the risk of misrepresentation, suppression of facts, or post hoc alterations to the record.”

“Disclosure of the terms of reference, scope, and methodology of the investigation would also clarify the parameters within which the Committee is operating.”

“Without this information, it is difficult for the public to determine whether the inquiry is sufficiently comprehensive, impartial, and capable of addressing the issues raised by the audit findings.”

“Clear timelines for the appearance of individuals under investigation and for the completion of the inquiry, would also promote efficiency, prevent undue delays, and signal a genuine commitment to resolving the matter in a credible manner.”

“The publication of the information requested would serve as a safeguard against any potential cover-up or political compromise and would help to ensure that the outcome of the investigation reflects the truth of the matter.”

“By directing the Public Accounts Committee to act in accordance with these principles, the Senate leadership would be taking a decisive step toward strengthening accountability, restoring public trust, and upholding the rule of law.”

“Section 15(5) of the Nigerian Constitution 1999 [as amended] requires public institutions, including the Senate, to abolish all corrupt practices and abuse of power.”

“Section 85(5) empowers the National Assembly, through its committees, to summon any person or authority to provide information, documents, or explanations necessary for legislative oversight, including compelling attendance at hearings to ensure accountability, transparency, and proper scrutiny of public institutions.”

“Articles 5 and 9 of the UN Convention against Corruption require the Senate to ensure transparency and proper management of public funds.”

“Article 21 of the African Charter on Human and Peoples’ Rights recognises the right of peoples to freely dispose of their natural resources and provides that the misappropriation of such resources gives rise to the right of recovery and compensation.”

“According to our information, the ongoing investigation by the Senate’s Public Accounts Committee was triggered by audit findings covering the period from 2017 to 2023, which highlighted about ₦210 trillion in entries within the accounts of the NNPCL that lawmakers said were not properly reconciled or explained.”

“The committee’s review focused on two broad categories: roughly ₦103 trillion recorded as joint venture costs and operational expenses, and about ₦107 trillion classified as receivables, subsidies, and other financial obligations.”

“The Committee raised concerns that the figures, as presented in audit reports, lacked sufficient supporting documentation and clarity, prompting questions about the accuracy and completeness of NNPCL’s financial records.”

“In response, the Public Accounts Committee summoned current and former NNPCL officials to provide explanations and supporting evidence for the disputed figures. Lawmakers described several of the company’s submissions as inconsistent or unsatisfactory and indicated the need for further scrutiny.”

“The proceedings remain ongoing, with the committee seeking to reconcile the accounts, determine whether the discrepancies stem from accounting complexities or misreporting, and establish if any financial impropriety occurred.”

 

“Despite repeated invitations and ultimatums issued by the committee, NNPCL and several of the officials identified in the audit queries have reportedly failed to appear before the panel or provide comprehensive explanations addressing the concerns raised.”

“This non-compliance has heightened tensions between the legislature and the NNPCL, and raised concerns and unresolved issues about transparency and accountability in the management of the country’s natural wealth and resources.”

 

Leadway Spotlights Women Making Waves Through Hersurred Initiative

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Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has strengthened its commitment to celebrating, empowering, and amplifying the achievements of women across diverse industries through Hersurred, its women-focused initiative that spotlights impact, leadership, and innovation.

Launched in 2024, Hersurred by Leadway has grown into a dynamic platform that fosters meaningful conversations about leadership, enterprise, creativity, innovation, and impact in collaborations with exceptional women.

Over time, the platform has strengthened its commitment to recognising women who are not just participating in their fields but are redefining them.

This year, the women-led initiative will make a bold, intentional shift from acknowledgment to amplification, under the theme “Show Her Off,” focusing on women who are breaking barriers, building sustainable ventures, driving policy conversations, leading in corporate spaces, transforming communities, and shaping culture.

These women will be spotlighted at an event that culminates other activities celebrating this year’s International Women’s Month.

Commenting, Chief People Experience Officer of Leadway Group, Kunbi Adeoti, said: “Hersurred by Leadway is more than a community; it is a bold expression of our commitment to inclusion and lasting societal impact. Over time, it has grown into a powerful affirmation of our belief in the strength, resilience, and transformative influence of women across every sphere of life. This year, the initiative celebrates women who are not only excelling but intentionally shaping change — within Leadway and across the wider community.”

“By intentionally highlighting women who are making an impact, Leadway aims to boost visibility that translates into opportunity, birthing influence and grit for every girl child and for woman, everywhere. This is because recognition and representation are a solid foundation for remarkable exploits,” Adeoti added.

On Saturday, March 27, leading women from sectors such as finance, technology, creative industries, entrepreneurship, public service, and social development would be celebrated at a special gathering. Attendees can expect inspiring conversations, insightful sessions, and networking opportunities to foster the depth and diversity of women’s contributions to national development.

Over the past few years, the company has continued to expand the initiative’s impact beyond the shores of the community. Leadway partnered with Heels and Tech, sponsoring women to acquire technology skills in areas such as data analysis, product management, and product design, reinforcing its belief in empowering women through access to knowledge and emerging career pathways.

In addition, the initiative will host a skills-acquisition workshop to equip women with practical skills for professional and entrepreneurial growth.

Leadway remains committed to championing the growth, influence, and empowerment of women across every sector, amplifying their achievements, recognising their leadership, and celebrating the impact they continue to make in their industries and communities, while inspiring other women to pursue excellence and lead boldly.

About Leadway Group

Leadway is a financial services group with a strong market presence and expertise in insurance, pensions, asset management, trusteeship, and investment solutions.

Since 1970, Leadway has grown from a traditional insurer into a broad-based platform with interests across general and life insurance, pensions, wealth management, health insurance, and hospitality.

For more than five decades, the Group has been known for reliability, integrity, innovation, and strong governance. It provides solutions that help individuals and institutions protect, grow, and transfer wealth.

Today, Leadway oversees a portfolio of businesses and is considered one of Nigeria’s most trusted and resilient financial services groups.