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Inspenonline Retirement Summit 2026: Experts to Brainstorm on Turning Dreams into Reality for Workers

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How to turn dreams into reality through insurance; pension and other financial instruments is a question experts will be providing answers to at the 2026 Inspenonline Retirement Summit.

The 2026 edition, themed “Meeting Retirement Dreams of Informal Sector Workers with Insurance and Pension Instruments,” is scheduled to hold on Wednesday, May 20, 2026, at the NECA House, Alausa, Ikeja, Lagos, starting at 9:00am prompt.

The summit which is the third edition aims to address a critical vulnerability in the Nigerian economy, where over 90 per cent of the workforce operates within the informal sector without structured retirement plans.

By focusing on the Personal Pension Plan (PPP) and tailored Life Insurance products, the event seeks to provide a roadmap for transitioning artisans, traders, and farmers from “daily survival” to a life of “structured retirement.”

Speaking on the significance of the upcoming event, the Publisher of Inspenonline Chuks Udo Okonta, emphasized that the summit is a call to action for industry regulators and operators to design products that accommodate the irregular income streams typical of the informal workforce.

“Our primary goal is to ensure that every Nigerian, regardless of their employment status, can retire with dignity and financial security,” Okonta stated. “We are providing a platform where the financial ecosystem can align with the realities of the informal sector, moving them away from the risks of old-age poverty toward a more secure and predictable future.”

The event will feature a high-level gathering of regulatory heads, industry captains, and economic experts. The Chairman of STI Leasing Limited, Tom Ogboi, will preside over the occasion as the Chairman of the event, while the Commissioner for Insurance, Olusegun Omosehin and Director General, National Pension Commission Ms. Omolola Oloworaran are expected to attend as the Special Guests of Honour.

The Keynote Address will be delivered by Dr. Muda Yusuf, Chief Executive Officer Centre for the Promotion of Private Enterprise (CPPE), who will provide economic perspectives on integrating the informal sector into the national financial safety net.

Other prominent dignitaries confirmed for the summit include:

  • Yetunde Ilori, President, Chartered Insurance Institute of Nigeria (CIIN).
  • Anthonia Ifeanyi-Okoro, CEO, Pension Fund Operators Association of Nigeria (PenOp).
  • Ekeoma Ezeibe, President, Nigerian Council of Registered Insurance Brokers (NCRIB).
  • Mayowa Olatubosun, National President, Association of Registered Insurance Agents of Nigeria (ARIAN).
  • A robust panel session has been curated to dissect the practicalities of pension and insurance adoption. The discussants include:
  • Femi Egbesola, National President, Association of Small Business Owners of Nigeria (ASBON).
  • Adebowale Adesona, Managing Director, Coronation Life Assurance Limited.
  • Olusakin Labeodan, Managing Director, Leadway Pensure Limited.
  • Comrade Funmi Sessi, Chairperson, Nigeria Labour Congress (NLC), Lagos State Chapter.

The 2026 Inspenonline Retirement Summit stands as a pivotal intervention in Nigeria’s financial landscape, seeking to turn the retirement dreams of millions of informal workers into a sustainable reality.

NCDMB to Feature Ex-NIMASA DG, Dakuku Peterside, in Book Reading Session

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The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the fourth edition of its Quarterly Book Reading Programme, featuring renowned leadership expert and former Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside.

The book reading session will hold on Wednesday, April 15, 2026 at the Nigerian Content Tower, Yenagoa, Bayelsa State.

The programme is part of NCDMB’s sustained effort to promote literacy, critical thinking, and knowledge exchange through structured engagement with leading Nigerian authors and thought leaders.

Since its start in August 2014, the book reading series has served as a platform for intellectual discourse on thematic subjects, while reinforcing NCDMB’s commitment to human capital development beyond the oil and gas sector.

This edition will focus on Peterside’s book “Leading in a Storm”, which explores practical approaches to leadership in times of uncertainty, crisis, and institutional change.

Participants will engage with the author through a reading session, an interactive question-and-answer segment, and a book signing, providing a direct interface between the author and a diverse audience of professionals, industry stakeholders, and emerging leaders.

Peterside is recognised for his work in crisis leadership, public sector reform, and organisational transformation. With over 24 years of leadership experience across both public and private sectors, he has led complex institutions and driven reforms aimed at improving performance and accountability.

His contributions to leadership development have earned recognition from global scholars and practitioners, with Leading in a Storm described as a practical guide for navigating complex leadership challenges.

The book was also named Book of the Year 2025 by THISDAY Newspaper, further cementing its relevance in contemporary leadership discourse.

Beyond his professional engagements, Peterside serves as an adjunct lecturer at leading business schools, where he mentors emerging leaders and shares insights from his extensive experience. He is also the author of other publications and continues to contribute to leadership thought through research, writing, and advisory roles.

Speaking on the essence of the book reading programme, the General Manager, Corporate Communication at NCDMB, Dr. Obinna Ezeobi pointed that the programme seeks to encourage learning, innovation, and value-driven leadership.

He referenced the Board’s capacity building mandate, highlighting that the agency views the engagements as critical to building a knowledge-based society and strengthening the capacity of individuals to respond effectively to evolving economic and institutional challenges.

Ezeobi further disclosed that this fourth edition is expected to attract a wide range of participants, including professionals from the oil and gas industry, academia, government institutions, students, media, and the public.

In his words, “this programme will provide an opportunity for meaningful dialogue on leadership, resilience, and transformation, while advancing the Board’s broader objective of fostering intellectual growth and national development.”

Some of the authors who have featured in the book reading programme have included former Editor of The PUNCH Newspaper, Mr. Dayo Oketola, who authored “The Catalyst: Nigerian Tech Evolution Through a Journalist’s Lens.”

The Senior Vice-chairman and Editor-in-chief at Leadership Newspaper, Mr. Azu Ishiekwene was the first guest on the platform in the August 2024 edition, where he shared insights from his book, “Writing for Media and Monetising It.

HRM King Bubaraye Dakolo, the Ibenanaowei of Ekpetiama Kingdom, Bayelsa State has also shared his book, The Pirates of the Gulf.

 

 

World Health Day 2026: CEMESO Calls for Health Equity, Bold Investment, Collective Action

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As the global community marks World Health Day 2026 under the World Health Organisation’s theme Together for health, the Centre for Media and Society (CEMESO) is joining partners, policymakers, health professionals, and communities across Nigeria to amplify a clear message: health is not a privilege. It is a fundamental human right. And in Nigeria, the distance between that right and its daily reality for millions of citizens remains a matter of life and death that demands urgent, multi-sectoral action.

Marking the occasion, Dr. Akin Akingbulu, Executive Director of the Centre for Media and Society (CEMESO), issued a call to action that situates health equity at the heart of Nigeria’s development agenda. “Nigeria stands at a defining crossroads,” he stated. “We have the policy frameworks, the reform momentum, and the international partnerships in place. What we have not yet matched these with is the sustained political will and the budgetary discipline to translate them into services that reach the last mile. On this World Health Day, CEMESO is standing with science — and demanding that Nigeria’s leaders stand with their people.”

Dr. Akingbulu acknowledged the genuine progress Nigeria has recorded in recent years, insisting that such achievements must be recognised, amplified, and built upon. According to the Federal Ministry of Health, the national health interventions now prevent an estimated 18 million malaria cases annually.

The Federal Government states that Nigeria has become a global leader in neglected tropical disease (NTD) elimination, with 40 million Nigerians across 20 states no longer requiring treatment, trachoma cases dropping by 84%, and the country surpassing WHO benchmarks for lymphatic filariasis and Onchocerciasis. According to the National Agency for the Control of AIDS (NACA) new HIV infections have declined by 46% over the past decade. Health insurance enrollment has surged from fewer than 12 million to over 21 million Nigerians within two years. Across 172 high-burden communities, targeted maternal health interventions have produced a 17% reduction in maternal deaths — evidence, as Dr. Akingbulu put it, “that the science works. Now the systems must work too.”

Yet Dr. Akingbulu was equally unsparing in highlighting the scale of the crisis that persists. Nigeria’s life expectancy stands at 54.9 years — the lowest in the world, nearly 20 years below the global average. The country accounts for 29% of all maternal deaths worldwide, and a Nigerian woman faces a 1-in-25 lifetime risk of dying in childbirth — a risk more than 200 times higher than that faced by women in high-income countries.

The nation’s health system is operating at only 45% of its potential capacity, while 71–75% of all health costs are borne directly by families — pushing millions into poverty in their most vulnerable moments.

An estimated 30.6 million Nigerians face acute food insecurity, with 6.4 million children under five suffering from acute malnutrition — a driver of mortality and disease burden that rarely features in mainstream health discourse.

“These numbers,” Dr. Akingbulu observed, “are not fate. They are the consequence of chronic underfunding, systemic inequity, and broken implementation chains. They are, above all, correctable — if the will is there.”

CEMESO’s advocacy positions primary healthcare strengthening and universal health coverage (UHC) as the indispensable foundation of any credible health transformation. The revitalisation of over 2,125 primary health centres — part of an ambitious national target of 17,600 functional facilities by 2027 — is a meaningful commitment.

According to the Federal Government, the landmark National Health Insurance Authority (NHIA) Act, the Sector-Wide Approach to health financing endorsed by the World Bank and WHO as a potential global model, and the $2.2 billion in health sector investment secured through international partnerships in 2025. Yet Dr. Akingbulu cautioned that institutional reform must be felt on the ground:

“We must stop measuring progress by the number of frameworks signed and start measuring it by the experience of the nurse in a rural clinic, the mother who reaches emergency obstetric care in time, and the child who receives the vaccine that saves her life. Policy that does not reach people is not policy — it is performance.”

A health system is only as strong as the people who deliver it. With a doctor-to-patient ratio of 1:3,500 — far exceeding the WHO’s recommended 1:1,000 — and nearly half of all Nigerian-trained doctors having emigrated in recent years, Dr. Akingbulu described the workforce crisis as “not peripheral, but existential.” He called on the federal and state governments to urgently scale up training, institute retention incentives, and create working conditions that make it possible for health professionals to serve their communities with dignity. He also underscored CEMESO’s particular commitment to strengthening health communication infrastructure: “Robust health data systems, evidence-based journalism, and accountable public information are not soft priorities — they are the connective tissue of a functional health system. When communities are informed and media professionals are equipped to report accurately, health outcomes improve. That is what CEMESO exists to advance.”

Dr. Akingbulu also called on the media to step in  for a broader conceptual shift in how Nigeria frames or narrates its health challenges. “Health does not begin in the clinic,” he said. “It begins in the quality of the air people breathe, the safety of the water they drink, the food security of their households, and the equity of the communities they live in.” He pointed to the growing dual burden of persistent infectious diseases — malaria, tuberculosis, HIV/AIDS — alongside rapidly rising non-communicable diseases such as hypertension, diabetes, and cancer, now responsible for nearly 30% of all deaths in Nigeria.

Climate change, he noted, is expanding the transmission zones of vector-borne diseases and generating new environmental health hazards that fall heaviest on the most vulnerable.

A One Health approach — integrating human, animal, and environmental health within a single coherent framework — is, in Dr. Akingbulu’s framing, “not an add-on to Nigeria’s health agenda. It is the agenda.”

In marking World Health Day 2026, CEMESO reaffirms its commitment to mobilising media, civil society, and community stakeholders as active agents in Nigeria’s health transformation.

The organisation will continue to develop and disseminate evidence-based health communication resources; build the capacity of journalists and media practitioners to report accurately on health policy, disease surveillance, and system performance; engage policymakers and development partners to ensure that health financing commitments translate into verifiable service delivery; and amplify community voices — particularly those of women, rural populations, and other underserved groups — in health governance processes.

Akingbulu called on all stakeholders to match the moment: “We are asking policymakers to honour the Abuja Declaration in deed, not rhetoric. We are asking health professionals to be supported, not abandoned. We are asking scientists and local researchers to be resourced so that Nigerian solutions can answer Nigerian realities. And we are asking every Nigerian to know that their right to health is non-negotiable — and that CEMESO will keep insisting on it.”

Together for health is not a ceremonial phrase. It is an institutional demand. It calls on governments to fund the systems they have promised; on development partners to align support with national priorities; on media to inform rather than inflame; on civil society to hold power accountable; and on communities to claim the health services that belong to them. As Dr. Akingbulu concluded: “Nigeria has the blueprint for health transformation. What this World Health Day must mark is the beginning of the end of excuses. Every Nigerian deserves a health system that sees them, serves them, and saves them. CEMESO will not stop advocating until that is the reality.”

 

 

About CEMESO

The Centre for Media and Society (CEMESO) is a Nigerian non-governmental organisation working at the intersection of media development, health communication, democratic governance, and civil society strengthening.

CEMESO supports evidence-based journalism, builds the capacity of media practitioners and community stakeholders, and engages policymakers and development partners to advance accountability, equity, and access in public service delivery — including health.

 

 

FCCPC and Digital Theft: Time to Act

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By Segun Adediran

For those who studied Economics at the Ordinary Level in the 1970s, the name O.A. Lawal likely rings a bell. His seminal work, O’ Level Economics of West Africa, outlines the four pillars of production—land, labour, capital, and enterprise—as the essential resources for creating value.

Centuries earlier, in 1776, Adam Smith published The Wealth of Nations just as the Industrial Revolution began to flicker across Europe.

Smith dismantled the antiquated notion that wealth was a finite hoard of gold, arguing instead that prosperity flowed from productive labour and the “invisible hand” of the market, which incentivised innovation. Similarly, Karl Marx viewed labour as the fundamental human activity that transforms the world.

Today, we stand at the precipice of a digital revolution in which these theories are being put to a surreal and perverse test. In the expanding frontier of Artificial Intelligence, the “invisible hand” has begun to look like a sleight of hand. Creative labour doesn’t matter anymore, at least in Nigeria’s media ecosystem.

For Nigerian journalists and newsrooms, the digital economy is no longer a marketplace of fair exchange; it has become a modern enclosure movement. Intellectual commons are being fenced off and harvested by global tech giants without a single kobo of compensation for the “tillers of the soil.”

The most predictable and substantial profits are currently going to firms that sell the necessary tools to build AI, often likened to the merchants who profited more than the miners during the Gold Rush. As of early 2026, AI-driven wealth creation is largely concentrated in Silicon Valley, with top tech executives reaching record net worths, and AI startups achieving massive valuations.

For instance, Elon Musk leads the 2026 Forbes list with an estimated net worth of $839 billion, followed by Google co-founders Larry Page ($257 billion) and Sergey Brin ($237 billion), Amazon’s Jeff Bezos ($224 billion) and Meta’s Mark Zuckerberg ($222 billion). I don’t have the numbers, but it’s doubtful whether any individual Nigerian publisher hits a billion-dollar net worth.

For decades, the bedrock of Nigerian democracy has been its independent press. Our pressmen and journalists have served as the nation’s primary witnesses, travelling to the furthest reaches of the Delta or the volatile borders of the north to document the pulse of the country, sometimes putting their lives on the line.

They and their publishers are the ones who bear the cost—economic, legal, and often physical—of extracting truth from the noise of a complex society. Yet, today, the fruits of this labour are being mindlessly treated by Silicon Valley as “free” raw material to generate the mega-wealth of Elon Musk & Co.

It is just time to act. Giant tech and AI firms must share the enormous value they reap from exploiting trusted Nigerian content with the human journalists and publishers who actually create it. It is the legal and patriotic duty of the Federal Competitive and Consumer Protection Commission to right all the wrongs.

These firms are currently scraping decades of Nigerian reportage to train systems that can mimic our cultural cadence, summarise our investigative journalism, and answer queries about our local politics.

When a user asks an AI to explain the intricacies of the Central Bank of Nigeria’s latest fiscal policy or to summarise a deep dive into national infrastructure, the “value” is captured entirely by the tech firm: the original newsroom—which paid the journalist’s salary, costs of investigation, and all that goes into storytelling—is left to pick the crumbs that fall from Big Tech table.

Yet, in an era of rampant misinformation and sophisticated deepfakes, trusted journalism is more expensive to produce than ever.

In Nigeria, documenting the truth is a service to the state, often performed under the shadow of business volatility and economic instability. But the Big Tech and AI firms turn these resources into mind-boggling wealth. That isn’t right or fair.

When AI models ingest the archives of Nigerian newspapers, they are not just taking data points; they are taking specialised local knowledge and hard-won public trust. If these firms continue to exploit this content without a revenue-sharing model, they are effectively starving the very sources they depend on for accuracy. If our newsrooms collapse because they can no longer monetise their work, AI models will eventually be forced to “hallucinate” based on a vacuum of real-time facts. The truth is an AI is only as smart as the human bravery that feeds it.

Our stories are our national assets. If an AI firm uses Nigerian reportage to build a product valued in the billions of dollars, a percentage of that value must flow back to the sources, as of right not of aid.  And this is not merely about corporate profits; it is about the survival of the Nigerian press.

To move from exploitation to equity, we need a model built on three pillars: transparent licensing, usage royalties and algorithmic transparency.

Countries like Australia, Canada and South Africa have already introduced measures along these lines. The Nigerian government, through its regulatory agencies, especially FCCPC and the Bosun Tijani-led Ministry of Communications, Innovation and Digital Economy, must provide the regulatory muscle for this fight.

For the press, we either swim or sink together. We must work together to avoid mutual failure. Individual media outlets cannot take on the behemoths of Silicon Valley alone and win. We need collective bargaining power to ensure that “innovation” does not become a euphemism for uncompensated extraction.

The argument that the internet is a “free and open” space has always been a convenient fiction for those who own the servers. While the distribution of information should be free, the production of verified information is not. It requires labour, capital, and entrepreneurship—the very factors of production Smith identified 250 years ago. And that must be paid for.

Big Tech must be forced to the table. Tunji Bello-led FCCPC should exercise its powers now. Innovation is the engine of the future, but it must not be fueled by the theft of others’ intellectual labour. If tech giants wish to build truly “intelligent” systems, they must act ethically by acknowledging and reimbursing the human cost of their data sets.

This is our clear message: Big Tech brigandage must stop. Those who profit from retelling creative content must pay the original tellers. It’s about the basic tenets of a fair market: value for value, and respect for the productive/creative labour, the fundamental human activity, that makes human progress possible.

 

Adediran, the Newspaper Proprietors’ Association of Nigeria’s CEO, writes via [email protected]

 

 

Truecaller Opens Global Market Access for its Business Chat Platform

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Truecaller, the leading global communications platform, today announced the expansion of its Business Chat platform, making it accessible to global channel partners and enterprise solution providers.

By “opening up” market access to its platform, Truecaller is empowering partners to transition their enterprise clients from legacy, low-trust SMS to a verified, smart, media-rich, and conversational communication experience.

Through this partner-led expansion, Truecaller empowers businesses to reclaim customer attention and establish immediate trust and credibility.

“The definition of success for modern enterprises has fundamentally evolved. It’s no longer just about delivery – it’s about earning attention, establishing credibility, and driving meaningful conversion,” said Priyam Bose, Global Head, GTM at Truecaller.

“By opening up market access to our global partners, we’ve created a powerful gateway for brands to engage with over 500 million active users where they already interact daily through communication that is contextual, trusted, free from clutter, and designed to initiate actions. For existing customers, the outreach opportunity extends to an additional high-impact channel, strengthening the overall customer experience journey.”

Truecaller Business Chat enables a clutter-free, high-trust conversational experience between businesses and consumers. The Business Chat platform equips partners with actionable insights, including real-time data and rich engagement metrics. This facilitates a more sophisticated, data-driven communication strategy that adapts at every stage of the customer journey.

Partners, including Gupshup and OneXtel, are already live in India along with Globe Teleservices, Cloudcom, and Sling Africa in other global markets, rapidly scaling the product in their respective regions. Global partners can now leverage Truecaller’s massive footprint to offer their clients a trustworthy engagement channel in an increasingly crowded digital world.

About Truecaller:
Truecaller is an essential part of everyday communication for over 500 million active users worldwide, with over one billion downloads since launch and 68 billion spam and fraud calls identified in 2025 alone.

The company is headquartered in Stockholm and has been publicly listed on Nasdaq Stockholm since October 2021.

 

 

DBI Unveils Nigeria Digital Economy Outlook 2026: Q1 Intelligence Report

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DigitalSENSE Business Intelligence (DBI), an initiative of ITREALMS Media, has released the Nigeria Digital Economy Outlook 2026: Q1 Intelligence Report (Executive Edition), offering strategic insights into the trends, risks, and opportunities shaping Nigeria’s digital economy.

The report provides a concise, data-driven overview of key developments across telecommunications, financial technology (fintech), digital infrastructure, policy, and investment dynamics. It highlights the increasing role of digital transformation in driving economic growth, financial inclusion, and innovation across the country.

According to the Publisher of DBI, Ogbuefi Remmy Nweke, the report is designed to support decision-makers with actionable intelligence in an increasingly complex and fast-evolving digital landscape.

“This Executive Edition delivers a clear and strategic perspective on Nigeria’s digital economy at a critical time. As the ecosystem continues to expand, access to credible intelligence will be essential for navigating opportunities and managing emerging risks,” he said.

The report identifies key strategic signals, including the continued expansion of broadband infrastructure, the rapid growth of digital payments, evolving regulatory frameworks, and a shift in investor focus toward sustainability and profitability.

It also outlines priority areas for policy and industry stakeholders, including digital financial inclusion, infrastructure investment, digital skills development, and public sector digitisation.

The Executive Edition is available for public access, while the Full DBI Nigeria Digital Economy Outlook 2026: Q1 Intelligence Report (Full Edition) provides deeper sector analysis, investment insights, and forward-looking intelligence tailored for institutional and executive audiences.

Interested organisations, policymakers, and investors can request access to the full report and executive briefings.

About DigitalSENSE Business Intelligence (DBI)
DigitalSENSE Business Intelligence (DBI) is a research and executive intelligence initiative of ITREALMS Media focused on delivering data-driven insights into Nigeria’s digital economy.

About ITREALMS Media
ITREALMS Media is a multiple award-winning, Nigeria-based technology and digital policy platform delivering news, analysis, consultancy, and commentary on telecommunications, information technology, digital economy policy, and emerging innovations—making leadership SENSE with digital news.

 

APC National Chairman, Nentawe Yilwatda, Donates N15m to Jos Attack Victims, Vows End to Killings in Plateau State

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The National Chairman of the All Progressives Congress (APC), Professor Nentawe Goshwe Yilwatda, on Saturday paid a heartfelt and solemn visit to victims of the recent dastardly attack in Angwan Rukuba, Jos North Local Government Area of Plateau State, who are currently receiving treatment at the Jos University Teaching Hospital (JUTH).

Professor Yilwatda was accompanied on the visit by his wife, Dr. Martina Yilwatda, in a demonstration of compassion, solidarity, and shared commitment to the pain and plight of the victims, their families, and the people of Plateau State at this difficult moment.

The visit was not only a gesture of sympathy but also a clear reaffirmation of the resolve of the Federal Government under the leadership of President Bola Ahmed Tinubu to ensure that the lives and properties of Nigerians are protected and that the repeated shedding of innocent blood in Plateau State must come to an end.

Speaking during the visit, Professor Yilwatda described the attack as barbaric, painful, unacceptable, and a direct assault on our common humanity, stressing that the time has come for all stakeholders to move beyond routine condemnation and work deliberately and collectively to prevent any recurrence of such senseless violence.

In a statement signed by Mr. Abimbola Tooki, Special Adviser to the National Chairman of APC, Media and Communications Strategy, Yilwatda said the pain of the victims and their families is a burden that must be shared by all men and women of conscience, adding that no society can make meaningful progress where innocent citizens continue to live in fear and uncertainty.

He stated that the administration of President Bola Ahmed Tinubu remains deeply committed to restoring peace, strengthening security operations, and ensuring that all parts of the country, including Plateau State, enjoy the safety and stability necessary for development and peaceful co-existence.

Yilwatda assured the victims and their families that the Federal Government is not leaving any stone unturned in its determination to ensure that every Nigerian life is valued, protected, and defended against criminality, violence, and terror.

He further emphasized that the tragedy in Angwan Rukuba must serve as a wake-up call to all leaders, communities, security institutions, and political actors to rise above division and work in unity to confront the forces of violence threatening the peace of Plateau and other parts of the country.

As a practical expression of support and compassion, the APC National Chairman announced a donation of Fifteen Million Naira (N15,000,000) to support the victims of the Angwan Rukuba attack as well as other vulnerable patients receiving treatment at the Jos University Teaching Hospital.

The donation, he noted, is intended to ease the immediate burden of medical care and provide some measure of relief to those going through physical pain, emotional trauma, and financial hardship as a result of the unfortunate incident.

Yilwatda also used the occasion to commiserate with the families of those who lost their lives in the attack, praying for the peaceful repose of the departed and asking God to grant their loved ones the strength and courage to bear the painful and irreparable loss.

He expressed deep appreciation to the management and medical personnel of the Jos University Teaching Hospital for their prompt response, professionalism, and commitment in attending to the victims and saving lives under difficult circumstances.

The National Chairman also paid a condolence visit to the Paramount Ruler of Jos North Local Government Area, the Ujah Anaguta, over the unfortunate attack on residents of Anguwan Rukuba, a community within his domain.

The APC National Chairman reiterated that the tragedy in Plateau must not be normalized, politicized, or reduced to another passing news cycle.

Rather, he said, it must provoke renewed urgency, coordinated action, stronger intelligence gathering, deeper community engagement, and sustained security intervention to ensure that communities across the state are protected from further attacks.

He called on political leaders, traditional rulers, religious leaders, youth groups, civil society organizations, and community stakeholders to close ranks and reject every form of hatred, division, provocation, and violence capable of threatening the peace and unity of Plateau State.

Professor Yilwatda maintained that Plateau, with its rich diversity, history, and strategic importance, must not be allowed to descend into repeated circles of bloodshed, grief, and instability.

He affirmed that the APC, the Federal Government, and all responsible stakeholders are united in the resolve to ensure that there is no repeat of such horrific incidents and that every necessary step will continue to be taken to restore confidence, strengthen peace, and guarantee security for all residents of the state.

The visit by Professor Nentawe Yilwatda and Dr. Martina Yilwatda stands as a powerful reminder that in moments of pain and tragedy, leadership must not only speak, it must show up, stand with the people, and act with compassion and responsibility.

As Plateau mourns, the message from the APC National Chairman is clear and unequivocal:

the killing of innocent citizens must stop, the perpetrators must not prevail, and peace must return fully and permanently to Plateau State.

 

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

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L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the Nigeria Reputation Management Group (NRMG)/ immediate past President of the African Public Relations Association (APRA)/Founder, CMC Connect LLP, Dr. Oluwasoromidayo George, Corporate Affairs and Sustainability Director, Nigerian Bottling Company; Godfrey Adejumoh, Author, ‘Winning With Strategic Communications’; Mrs. Funmilayo Onajide, Chairman, Board of Directors, Brooks and Blake Nigeria Limited; and Mr. Israel Jaiye Opayemi, Managing Director/Chief Strategist, Chain Reactions Africa, during the launch of the book: ‘Winning With Strategic Communications’ in Lagos, Nigeria recently.

Industry leaders have overwhelmingly endorsed Godfrey Adejumoh’s newly unveiled book, Winning with Strategic Communications: Essential Strategies for the Next Generation of Leaders, describing it as a timely and transformative contribution to the evolution of public relations practice in Nigeria and across Africa.

The book, launched at a well-attended event in Lagos, drew top communication professionals, corporate leaders, and stakeholders, many of whom commended both the depth of insight and the urgency of its message.

Leading the chorus of commendations, Israel Jaiye Opayemi, Managing Director and Chief Strategist of Chain Reactions Africa, said the publication comes at a critical turning point for the industry.

“First and foremost, this book would not have come at a better time than now,” he noted, pointing to an ongoing generational transition as many founding figures in the PR space approach retirement.

Opayemi described the book as a call to action for practitioners to deliberately document their experiences and contribute to a growing body of knowledge that will sustain the profession’s future.

Similarly, Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the Nigeria Reputation Management Group (NRMG)/ immediate past President of the African Public Relations Association (APRA)/Founder, CMC Connect LLP, underscored the need for a clear distinction between strategy and tactics in communications practice.

While describing the book as a strong tactical expression, he noted that it aligns with a broader strategic ambition to position communication professionals at the heart of organisational decision-making.

He further stressed that practitioners must assert their relevance across critical business functions, including finance, human resources, sales, and marketing.

Badejo-Okusanya also emphasised the importance of sustained engagement with the book’s ideas, revealing plans to integrate it into structured learning within his organisation.

“I bought about 10 copies. We’re going to have sessions on it. He’s going to come and teach us,” he said, adding that real value lies in internalising knowledge and applying it in practice.

Adding to the commendations, Soromidayo George, Corporate Affairs and Sustainability Director at Nigeria Bottling Company, praised Adejumoh’s professionalism and character, describing the book as impactful and widely relevant.

“This is a book everybody should read. It will make a significant difference in people’s lives,” she said.

In the same vein, Funmi Onajide, Chairperson, Brooks and Blake PR, highlighted the author’s commitment to continuous learning and excellence, noting that he remains a strong asset to the communications industry.

Also lending institutional support, Dr. Samuel Ayetutu, Chairman, Lagos State Chapter of the Nigerian Institute of Public Relations (NIPR), described the book as a timely addition to the profession’s knowledge base.

In his remarks, Adejumoh made a compelling case for elevating the role of communications professionals from tactical support to strategic leadership.

“The communication professional must be present in rooms where decisions are taken,” he said. “We need to get to the point where when a company needs a new CEO, a communication professional is on top of the list.”

He emphasised that corporate communications is not merely about visibility but about influence, transformation, and measurable business impact.

“The business of corporate communications is about turning things around for the good of the business. Our job is not to raise shoulders, it is to influence,” he added.

Drawing from over 15 years of experience working with multinational organisations such as Diageo, Unilever, MTN, DHL, Accenture, and LG, Adejumoh positions the book as a practical playbook for navigating leadership, reputation management, and strategic influence in a complex business environment.

Beyond its immediate reception, stakeholders at the launch agreed that the book has ignited a critical conversation about the future of public relations, particularly the need to deepen strategic thinking, institutionalise knowledge sharing, and position practitioners as key drivers of business success and national development.

 

Beta Glass Reports Revenue of N149.1bn in Audited Results for 2025

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Beta Glass Plc, the leading glass container manufacturer in West and Central Africa, is pleased to announce that its Board of Directors has approved the Company’s Audited Financial Statements (AFS) for the financial year ended December 31, 2025, reporting solid revenue growth and reaffirming the Company’s commitment to its core pillars of operational excellence, innovation, and sustainable business practices.

Key Highlights:

 

N’000 Year ended December 2025 Year ended December 2024 +/-%
Revenue from contracts with customers 149,122,525 117,580,184 +27%
Gross profit 52,663,718 30,757,712 +71%
Operating Profit 48,092,894 23,555,671 +104%
Profit Before Taxation 50,541,595 19,903,373 +154%
Profit for the Year 33,245,317 13,626,830 +144%

 

Revenue: For the 2025 financial year, Beta Glass recorded revenue of ₦149.12 billion, compared with ₦117.58 billion in 2024, representing a 27% year-on-year increase. This growth reflects continued demand for the Company’s glass packaging products across key sectors of the Nigerian economy.

Margins: In 2025, the Company’s Gross Margin improved from 26.3% in 2024 to 35.3% while Operating Margin improved from 20.0% to 32.3%. This significant improvement in margins reflects improved operating efficiency and effective cost management.

Profit After Tax (PAT): The Company reported Profit After Tax of ₦33.25 billion, representing a 144% year-on-year increase from ₦13.63 billion recorded in 2024, demonstrating the resilience of its operations despite evolving global and regional market conditions.

Earnings Per Share (EPS): Earnings per share for the year stood at ₦55.41, representing a 144% year-on-year increase from ₦22.71 in 2024.

“This year’s results reflect the resilience of our business model and the successful execution of our strategic initiatives. Despite market challenges, our commitment to delivering value to our shareholders was and remains strong. Our performance was underpinned by improved production efficiency, effective cost management, and a clear focus on our key customers and segments. At the same time, we continued to invest significantly in our asset base, with the rebuild of our furnace in Delta, positioning the business for sustainable long-term growth.” said Alex Gendis, Chief Executive Officer of Beta Glass Plc.

The Board noted that the Company continues to monitor global developments, including geopolitical tensions and their potential impact on energy costs and supply chains, while maintaining confidence in the Company’s operational resilience and long-term growth strategy.

The full Audited Financial Statements are available on the website https://www.betaglass.com/ and the Nigerian Exchange Group https://ngxgroup.com/.

 

About Beta Glass Plc

Beta Glass Plc is a leading manufacturer of quality glass packaging solutions for the beverage, pharmaceutical, and food industries in West and Central Africa.

The company is committed to innovation, sustainability, and delivering high-performance packaging solutions that support product integrity while promoting environmental responsibility.

Stanbic IBTC Sets Sustainable Growth Agenda for Key Sectors at Inaugural Nigeria Business Summit

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Stanbic IBTC, a leading financial services provider in Nigeria, successfully hosted the 2026 edition of the Nigeria Business Summit from Wednesday, 01 April to Thursday, 02 April 2026, at the Landmark Event Centre, Victoria Island, Lagos.

The two-day summit brought together industry leaders, policymakers, entrepreneurs and stakeholders across multiple sectors to explore sustainable business practices, foster economic growth and unlock global trade opportunities.

With the theme, ‘Nigeria Means Business: Powering Sectors, Growing Sustainable SMEs & Unlocking Global Trade’, the summit addressed critical issues across key sectors, including agribusiness, renewable energy, trade and Africa–China banking, as well as ICT and telecommunications. Additional sessions covered areas such as family business sustainability, artificial intelligence, employee value banking, insurance, pension and wealth management.

The event featured a keynote address by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who emphasised the urgent need for Nigeria to reposition itself as a leading export-driven economy to achieve sustained growth.

“Our true potential lies in becoming a leading export economy,” Edun stated. “Increased participation in regional and global trade will be critical to diversifying foreign exchange earnings and driving inclusive growth.”

He noted that while Nigeria’s GDP growth has improved to approximately 4 per cent, it remains below the level required to significantly reduce poverty. According to him, the country’s economic strategy is now shifting from stabilisation to growth acceleration, with trade expansion playing a central role.

Edun highlighted ongoing reforms, including improved foreign reserves, rising non-oil revenues and renewed investor confidence, as indicators of a more resilient economy. However, he stressed that enhancing trade competitiveness would require continued investment in infrastructure, logistics and policy coordination. He also highlighted the importance of small and medium-sized enterprises (SMEs), which account for over 90 per cent of businesses, noting that inclusive growth will depend on stronger collaboration between the public and private sectors.

Participants engaged in a rich line-up of activities, including expert presentations, panel discussions and high-level networking opportunities. Highlights of the summit included the Africa Trade Barometer presentation, client testimonial showcases and insightful discussions on the state of the African economy and intra-African trade opportunities.

Breakout sessions on agribusiness, ICT and healthcare, Africa-China banking and Trade as well as renewable energy provided attendees with deeper, practical insights into some of the most critical sectors driving Nigeria’s economic future.

Speaking at the event, Chuma Nwokocha, Chief Executive of Stanbic IBTC Holdings, represented by the organisation’s Chief Finance and Value Management Officer, Kunle Adedeji, emphasised the importance of collaboration and innovation in driving sustainable growth.

“This summit has reinforced the importance of creating platforms where ideas can flourish and businesses can grow sustainably. By working together, we can unlock new opportunities and drive economic advancement across Nigeria and the African continent,” he said.

The summit also spotlighted practical strategies for integrating sustainability into business operations, encouraging organisations to adopt environmentally conscious practices while maintaining profitability and competitiveness.

Remy Osuagwu, Executive Director, Business & Commercial Banking, expressed satisfaction at the level of interest from participants, a critical element for a successful summit.

“From our conversations on energy and healthcare to the deep dives into trade, Africa-China relations, and agribusiness, Day 1 has offered perspectives that were both insightful and practical. I believe we’re all leaving with a stronger understanding of the opportunities emerging across our industries” Remy said.

He acknowledged the level of engagement, questions, contributions and willingness of participants to share experiences; describing this as the real power of the Nigeria Business Summit, and a solid foundation for tomorrow.

The Chief Executive of Stanbic IBTC Bank, Wole Adeniyi, who was represented by Bunmi Dayo-Olagunju, Deputy Chief Executive of Stanbic IBTC Bank, opened Day Two of the Nigeria Business Summit by highlighting the focus of the summit’s SME Day.

Bunmi said: “Today, we build on Day One’s momentum with conversations that are equally critical for the future – from the dynamics of family businesses to the growing influence of artificial intelligence; the evolution of insurance, and the emerging space of electric vehicle banking.”

She further added, “Our goal on Day Two is simple: to explore what’s next. To understand how these developments will shape our businesses and how we can position ourselves ahead of the curve.”

Stanbic IBTC’s inaugural Nigeria Business Summit stands as a testament to the organisation’s commitment to empowering businesses, strengthening key sectors and positioning Nigeria as a competitive player in the global economy.

Ecobank Nigeria Assures Customers of Uninterrupted Banking Services During Easter Public Holidays

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Ecobank Nigeria, a member of Africa’s leading pan-African banking group, has reaffirmed its commitment to providing customers with seamless and uninterrupted banking services throughout the Easter public holidays. The Bank assured customers that its secure and robust digital platforms will remain fully operational to support financial activities during the festive period.

All digital channels, including the Ecobank Mobile App, Ecobank Business App, USSD *326#, Ecobank Online, OmniPlus, Omnilite, EcobankPay, Ecobank Cards, ATMs, PoS terminals, and over 35,000 Ecobank Xpress Point agent locations nationwide will remain accessible throughout the holiday.

Speaking on the Bank’s preparedness, Victor Yalokwu, Head, Products & Analytics, Consumer & Commercial Banking, Ecobank Nigeria, assured customers of a smooth and secure banking experience during the Easter break. He noted that customers can conveniently conduct transactions at any time using the Bank’s wide range of digital solutions.

“Customers will continue to enjoy a full bouquet of services during the holiday, including local and international funds transfers, bill payments, airtime top-ups, merchant payments, balance enquiries, account statements, and cardless cash withdrawals via ATMs. We understand that festive seasons come with increased financial activity, and our priority is to ensure our customers enjoy fast, reliable, and secure banking wherever they are. Our digital channels are designed to support uninterrupted transactions, and we have strengthened our systems to guarantee optimal performance throughout the Easter break,” Yalokwu said.

He encouraged customers to maximise the Bank’s alternative channels for transfers, bill payments, airtime purchases, card services, and account management. He also advised customers to stay vigilant by shopping only on trusted websites; avoiding the sharing of PINs, passwords, and one-time passwords (OTPs); refraining from banking on public Wi-Fi networks; being cautious of urgent or emotionally charged messages; and regularly monitoring their account activity.

Yalokwu added: “Ecobank remains committed to providing innovative financial solutions and exceptional customer service. We wish all our customers and partners a peaceful and joyful Easter celebration.”

 

About Ecobank Nigeria

Ecobank Nigeria is a member of the Ecobank Group, the leading pan-African banking institution with operations in 32 African countries and international offices in London, Paris, Beijing, and Dubai.

With over 220 branches, more than 36,000 agency banking locations, and robust digital platforms, Ecobank delivers accessible, affordable, and instant banking services.

The Bank is strategically positioned to support pan-African trade, particularly under the African Continental Free Trade Area (AfCFTA).

APC National Chairman, Nentawe Yilwatda: Plateau State Must Never Bleed Again

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Professor Nentawe Yilwatda, National Chairman of the All Progressives Congress (APC), has commended the visit of President Bola Ahmed Tinubu, GCFR, to Plateau State to commiserate with the government and people of the state over the recent horrific and senseless killings of innocent residents of Angwan Rukuba in Jos North Local Government Area.

The President’s visit is a profound demonstration of responsive leadership, empathy, and national solidarity at a time when the people of Plateau are grieving the painful and unjust loss of their loved ones to yet another round of barbaric violence.

President Tinubu was received in Plateau State by the National Chairman, the Executive Governor of Plateau State, Barrister Caleb Mutfwang, former governors, political leaders, traditional rulers, religious leaders, elders, women and youth representatives, as well as stakeholders from across all segments of society in the state.

Speaking during the visit, the APC National Chairman, Professor Nentawe Yilwatda, condemned the killings in the strongest and most unequivocal terms, describing the attack as inhuman, cowardly, reprehensible, and a direct assault on the peace, unity, and soul of Plateau State.

According to Professor Yilwatda, the continued shedding of innocent blood in Plateau is not only unacceptable but a national tragedy that must no longer be treated with routine outrage and temporary responses.

In a Statement signed by Abimbola Tooki, Special Adviser to the National Chairman on Media and Communications Strategy, Yilwatda stressed that the time has come for deliberate, coordinated, and result-oriented efforts by all relevant authorities and stakeholders to ensure that such dastardly and unconscionable acts never happen again in Plateau State or anywhere else in the country.

Professor Yilwatda called on leaders of communities across Plateau State to become more vigilant, responsive, and proactive in identifying and reporting suspicious movements and security threats within their domains.

He noted that the recurring pattern of killings strongly suggests that many of those behind these heinous acts are not ghosts or invisible invaders, but criminal elements and miscreants living within or around the communities, exploiting local vulnerabilities to unleash mayhem on innocent citizens.

In his words, these evil perpetrators must no longer be shielded by silence, fear, complicity, or communal indifference. He insisted that they must be identified, exposed, apprehended, and made to face the full wrath of the law.

The APC National Chairman further charged security agencies to urgently rethink and upgrade their security architecture and operational methods in tackling the persistent violence in Plateau State.

He emphasised that the security agencies cannot continue to deploy outdated tactics against increasingly adaptive and ruthless criminal networks and expect a different outcome.

Professor Yilwatda therefore advocated the deployment of modern surveillance and intelligence-driven technology, including Artificial Intelligence-powered cameras, drones, advanced tracking systems, and real-time intelligence gathering mechanisms, to detect, monitor, and neutralise criminal elements before they strike.

He said the era demands smarter, faster, and more sophisticated security responses, adding that the protection of lives and property must now be driven not only by manpower, but also by technology, intelligence, precision, and accountability.

He stated clearly that Plateau cannot continue to mourn in cycles, while the enemies of peace roam freely and repeatedly unleash terror on innocent citizens.

Professor Yilwatda also drew attention to the grave economic implications of insecurity in Plateau State, lamenting that the state, which is richly blessed with breathtaking natural landscapes, vibrant tourism assets, and enormous economic potential, has continued to suffer avoidable setbacks due to persistent violence.

He noted that Plateau has long been celebrated as a peaceful and attractive destination with some of Nigeria’s most vibrant tourism centres, cultural attractions, and agricultural potential, but all of these opportunities remain vulnerable and stunted in the face of recurring attacks.

According to him, no economy can thrive where fear reigns, no investment can flourish where blood is spilled, and no society can truly prosper where innocent citizens live under the shadow of insecurity.

He warned that without adequate protection of lives and communities, the social and economic future of the state could be severely paralysed, thereby depriving the people, especially young people, of prosperity, stability, and hope.

Professor Yilwatda therefore called for a whole-of-society approach to ending the violence in Plateau, urging traditional institutions, religious leaders, political actors, youth groups, women’s groups, security operatives, and community stakeholders to work together in honesty and patriotism to restore peace and stability.

During the visit, other leaders from across Plateau State also spoke passionately on the disturbing security situation in the state and the urgent need for decisive and sustained intervention to halt the bloodshed and restore confidence among the people.

As part of the visit, President Bola Ahmed Tinubu, accompanied by Professor Nentawe Yilwatda, Governor Caleb Mutfwang, former leaders, and other key stakeholders, also paid a solemn and deeply emotional visit to the families of the affected victims of the Angwan Rukuba attack.

The visit to the bereaved families was a moving moment of compassion and national mourning, as the President shared in their pain and offered words of comfort, reassurance, and solidarity in the face of unimaginable loss.

The APC notes that this visit by President Tinubu is not merely symbolic; it is a powerful signal that the Federal Government stands firmly with the people of Plateau State and remains committed to confronting the menace of violent attacks with renewed urgency and seriousness.

It is expected that the President will, in the days ahead, continue broader engagements with leaders of Plateau communities and critical stakeholders toward evolving practical, inclusive, and lasting solutions that will guarantee sustainable peace, justice, reconciliation, and security for the people of the state.

The APC reiterates that the lives of Plateau citizens are sacred and non-negotiable, and that those who delight in sowing death, fear, and division among peaceful communities must be hunted down and brought to justice without delay.

“The blood of innocent men, women, and children cries out for justice, and the nation must answer with resolve.

Plateau deserves peace.

Plateau deserves healing.

Plateau deserves protection.

And above all, Plateau must never be allowed to bleed like this again.”

NGX Group Chair: Dangote Refinery Remains a Key Economic Gain for Nigeria, Africa

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 On behalf of the African Capital Market community, which today includes representatives from the Johannesburg Stock Exchange, the Nairobi Stock Exchange, the Ghana Stock Exchange, the BVRM – Cote D’Ivoire; Mali; Senegal; the Ethiopian Stock Exchange and the Rwanda Stock Exchange as well as management and trading licence holders of the Nigerian Exchange Group NGX, I wish to express our joy to be given this opportunity to see what a great titan of entrepreneurship and industry, Alhaji Aliko Dangote and his team in Dangote Industries Limited, have planted here for the betterment of our great continent.

I would like to make some comments about the driving force behind Dangote Industries, my Mentor and Big Life Brother, Alhaji Aliko Dangote.

Alhaji Dangote is a true visionary with a mission to move the African continent from consumption to production, especially through industrialisation. He has the rare ability to conceive grand designs and bring those designs to reality through meticulous planning and exceptional execution.

In doing that, he has transformed lives, businesses and nations. He and his team at Dangote Group have applied their deft touch in food, cement, fertiliser and petroleum products.

Dangote Refinery and Petrochemical Complex is a prime example of the Dangote vision, mission and impact. Determined to put an end to Nigeria and indeed Africa’s reliance on imported petroleum products, the group embarked on the construction of the largest single train refinery in the world.

The impact on the daily lives of Nigerians, and on Nigeria’s balance of payment and external reserves has been massive and positive.

Alhaji Dangote has decided to share the fruits of his labour with willing investors across the continent through a public listing of the shares but those investors need to know more about what they are buying through their professional advisers such as you.

Let me therefore say that we are not only here to see and marvel, but to also evaluate and offer our services as capital market operators and financial advisers for the success of the initial public offer of the shares and their listing on Africa’s foremost exchange, the Nigerian Exchange NGX.

I thank you all for making this trip and also appreciate Dangote Industries Limited once again for granting us an inside and closer look at this magnificent edifice.

 

Alhaji (Dr) Umaru Kwairanga

Chairman NGX Group

NAICOM, Stakeholders Applaud Daily Economy, Author at Insurance Book Launch

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L-R: General Manager, Production, Punch Nigeria Limited, Mr Olayinka Popoola, President of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori; Publisher, Daily Economy, Nike Popoola; Chairman of Prestige Insurance Brokers Limited, Prince (Dr.) Feyisayo Soyewo, MFR; Director, Human Resources & Administration, National Insurance Commission, Mr. Rasaaq Salami; President and Chairman of the Governing Board of the Nigerian Council of Registered Insurance Brokers, Mrs. Ekeoma Ezeibe, FCIB, during Daily Economy’s second anniversary and launch of an insurance book titled “Trends in Nigeria’s Insurance Industry (2005–2025) & Selected Insurance Icons, ” in Lagos.

The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun Ayo Omosehin, has reaffirmed the Federal Government’s commitment to strengthening Nigeria’s insurance sector through robust reforms and enhanced regulation.

Speaking at the second anniversary of Daily Economy and launch of the book titled “Trends in Nigeria’s Insurance Industry (2005–2025) & Selected Insurance Icons” in Lagos, Omosehin described the past two decades as a transformative period for the industry.

Represented by the Director of Human Resources and Administration at NAICOM, Rasaaq Salami, he said sustained reforms, innovation, and regulatory interventions have driven growth, financial inclusion, and industry relevance.

He commended Daily Economy and the author, Nike Popoola, noting that her dedication, consistency, and depth of coverage have culminated in an exceptional body of work. He described the book as a strategic documentation of transformation, leadership, resilience, and institutional evolution.

Chairman of the occasion, the Chairman of Prestige Insurance Brokers Limited, Prince (Dr.) Feyisayo Soyewo, applauded Popoola for her relentless efforts in documenting industry activities, particularly her contribution to insurance education and knowledge development.

The Group Managing Director/CEO of African Reinsurance Corporation, Dr. Corneille Karekezi, who was the Special Guest of Honour, also praised the publisher, noting that her stories are being consistently read.

Similarly, President of the Chartered Insurance Institute of Nigeria, Mrs. Yetunde Ilori, described Popoola as a hardworking journalist committed to the growth and development of the industry, adding that her versatility has driven Daily Economy’s progress over the past two years.

Chairman of the Nigerian Insurers Association, Mr. Kunle Ahmed, represented by the Director-General, NIA, Mrs. Bola Odukale, said Popoola is a valuable asset to the insurance industry, noting that her new book has become a lasting documentary that will outlive its author.

President of the Nigerian Council of Registered Insurance Brokers, Ekeoma Ezeibe, also applauded the publisher’s exemplary character, noting that it is positively impacting her platform, which continues to grow rapidly.

Popoola previously worked at Punch Nigeria Limited, where she rose to the position of assistant editor before becoming the publisher of Daily Economy.

Representing the Managing Director/Editor-in-Chief of PUNCH, Joseph Adeyeye, the General Manager, Production, Olayinka Popoola, paid tribute to her transition from a distinguished journalist to an industry authority.

“Nike was an outstanding reporter, hardworking, disciplined, and deeply committed to excellence. It is no surprise that the same depth she brought to journalism at PUNCH has produced this important book. She has risen to become one of the few authorities who have codified their experience for the advancement of the sector,” Adeyeye said.

The book reviewer and CEO of NCRIB, Tope Adaramola, also commended the publication, noting that it reflects key industry milestones in the period under review.

Popoola said the publication embodies Daily Economy’s commitment to deepening financial literacy, preserving institutional memory, and contributing to knowledge within the insurance ecosystem.

NCDMB Lauds ESSO on $23m New Logistics Base at LADOL

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The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shore-base facility at the LADOL Deep Offshore Logistics Base, describing the project as a major demonstration that Nigeria has become a prime hub for global oil and gas logistics.

ESSO Nigeria is an affiliate ExxonMobil, an international operating company and the shorebase facility is valued at $23 million and will include an administrative building, warehouses, and other storage areas.

Speaking at the event held at LADOL base, Lagos, the Executive Secretary of NCDMB, Engr Felix Omashola Ogbe congratulated ESSO and LADOL on the project, and reaffirmed the Board’s commitment to working with industry players to deepen capacity development in the country’s upstream supply chain.

He praised LADOL’s track record of consistency, tenacity and forward-looking momentum, and noted that the qualities had been evident over many years of close engagement with the facility.

He situated the groundbreaking within the broader context of the ongoing global logistics crisis triggered by instability in the Middle East, noting that supply chain disruptions had driven up costs from Singapore to Eko Hotel and across markets in the United States, sparing no economy.

The Executive Secretary who was represented by his Senior Technical Adviser, Engr. Austin Uzoka noted that LADOL’s emergence as a credible deep offshore base represented a direct and tangible response to vulnerability in the logistics sphere of the Nigerian oil and gas industry.

“Today, we’re pleased that Nigeria has an alternative” he stated, drawing a parallel between the completion of the Dangote Refinery and the expansion of LADOL, and harping that Nigeria’s supply chain was measurably stronger than it was 10 years ago.

The NCDMB chief urged ESSO’s leadership to adopt a front-end-loaded payment structure in its contractual arrangements with LADOL, arguing that timely and adequate funding from the client side would enable the facility to complete the project without recourse to bank loans at cut-throat interest rates.

He noted that cash flow constraints had become a recurring challenge for Nigerian suppliers across the industry, with many approaching the Board for funding support precisely because payment timelines from operators were not aligned with project delivery demands.

“I would like to encourage you to pay LADOL more. Make sure that it is front-end-loaded, so they can have money to finish this on time without having to go to the banks and pay high interest rates to get the job done.”

He emphasised that supply chains are at the bedrock of national development and that the NCDMB, as the agency mandated to grow capacity in Nigeria’s oil and gas industry, will continue to deepen its partnership with both the LADOL and ESSO to build more capacity within the country.

He described ESSO as a measured and deliberate operator that moved decisively once committed, expressing confidence that the groundbreaking signalled the commencement of a project that will be delivered on schedule.

He further charged that ESSO Nigeria to remain committed to the utilizing the Nigerian capacities and capabilities on delivering the project.

The Chairman and Managing Director ExxonMobil affiliates in Nigeria, Mr. Jagir Baxi had earlier indicated that the project reflects an important milestone investment by ESSO Nigeria in its 70-year long partnership with the country. The project also underscores the company’s steadfast commitment to enhance Nigeria’s deepwater offshore operational capabilities.

The structures will be constructed predominantly by Nigerian companies, thereby supporting local job and development of expertise in engineering, construction and commissioning, the company’s chief executive added.

The ceremony was attended by representatives of the Bank of Industry, leadership of ESSO Nigeria, the LADOL management led by Dr. Amy Jadesimi, as well as officials from the Nigeria Customs Service, the Nigeria Immigration Service, and other relevant government agencies.