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Business

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

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Repton Group Wins 2025 Dangote Cement Largest Distributor Award

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MTN: The Best Mobile Internet Performance in Nigeria 2025

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ICT

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Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

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Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

The Chartered Institute of Stockbrokers (CIS) and the Association...

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Insurance

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

Underwriting giant, Linkage Assurance Plc, delivered a robust operating...

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, calls...

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

Business

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

UAC of Nigeria Plc has announced its unaudited financial...

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

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MTN: The Best Mobile Internet Performance in Nigeria 2025

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

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Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

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Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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Insurance

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

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Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

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Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

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Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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SanlamAllianz Takes Financial Education to Lagos Markets

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GOCOP Confab’22: Delta, Lagos, NIMASA, Chevron, NDDC, Access Bank, Unity Bank, Glo Join Partners 

The momentum has continued to rise for the sixth annual conference of the Guild of Corporate Online Publishers (GOCOP) as more corporate partners have lent their support for the event scheduled for Thursday, October 6 at Sheraton Hotel, Ikeja-Lagos.

The chairman, 2022 Conference Committee, Mr. Ken Ugbechie revealed on Monday that the latest partners comprised Delta State and Lagos State, in addition to the Nigerian Maritime Administration and Safety Agency (NIMASA), Chevron Nigeria Limited, and Niger Delta Development Commission (NDDC).

A press statement by GOCOP Publicity Secretary, Remmy Nweke, also quoted Ugbechie as saying that others are the Central Bank of Nigeria (CBN), Access Bank Plc, Unity Bank plc and Globacom.

This year’s theme, Ugbechie noted would focus on “2023 Elections: Managing the Process for Credible Outcome” with the keynote speaker being the Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, while the chairman of the day would the founder, Centre for Alternative Policy Perspectives and Strategy (CAPPS) Dr. Umar Ardo.

Whereas the Panellists, he said include human rights activist and Senior Advocate of Nigeria (SAN), Mr. Ebun-Olu Adegboruwa, former Inspector General of Police, Dr. Solomon E. Arase, and Dr. Chichi Aniagolu-Okoye, Regional Director, Ford Foundation (West Africa).

Before now, GOCOP 2022 conference has announced earlier partnerships with the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc.), Nigerian Communications Commission (NCC), Nigerian Content Development & Monitoring Board (NCDMB), and Nigerian National Petroleum Corporation (NNPC), as well as the First Bank Plc, Nigeria Liquefied Natural Gas (NLNG) Limited, The Presidency, Wema Bank, Nigeria Ports Authority (NPA) etcetra.

Further, Ugbechie assured that this year’s conference slated to hold barely five months to the 2023 general elections provides a roadmap for political actors and the various publics on the need to play by the rules and conform to acceptable electoral behaviour.

Highlight expected at this year’s conference, he said, is a business luncheon with GOCOP partners on Wednesday, October 5, at the same venue.

Former speakers at GOCOP conferences include Rev. Matthew Hassan Kukah, the Bishop of the Catholic Diocese of Sokoto who took podium in 2019 to lecture on “Economy, Security and National Development: The Way Forward”. In 2021, Mr. Boss Mustapha, Secretary to the Government of the Federation keynoted the Conference in his capacity as Chairman of the Presidential Task Force on Covid-19. He spoke on: “Post Covid-19 Pandemic: Recovery and Reconstruction in Nigeria.”

“The Guild was established to ensure that online publishers uphold the tenets of journalism in doing their jobs and our membership is a constellation of Editors and senior journalists who, having distinguished themselves in their various stations, ventured into online publishing which is both the present and future of journalism globally,” Ugbechie recollected.

He stressed that the conference is therefore a fitting platform for the distillation and sharing of ideas from a carefully chosen array of resource persons cutting across the entire socio-political ecosystem. GOCOP intends to use the opportunity of the conference to moderate the already tense political climate as well as to proffer solutions to current and anticipated challenges arising from the elections.”

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Topics

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US Oil Import from Nigeria Down 67%

The United States decreased its oil import from Nigeria by 67 per cent in 2014, signaling growing economic pain and sustained pressure on foreign reserves, already down to $29.3 billion as at April 15, 2015, its lowest point since 2010. Figures from the US Department of Commerce suggest that U.S. total trade in 2014 (exports plus imports) with sub-Saharan Africa (SSA) also went down by 18 per cent to $52.1 billion compared to 2013. “In 2014, U.S. imports from SSA decreased by 32 percent, falling to $26.7 billion and representing only 1.1 percent of total U.S. imports from the world. This decrease was mostly due to a 51 percent decrease in U.S. mineral fuel and oil imports from SSA. U.S. imports from SSA originated, for the most part, from South Africa Nigeria, Angola, Côte d’Ivoire, and Chad,” the report says.
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