Shattering the Glass Ceiling: Awosika Urges Female Accountants to Aim High
Ibukunoluwa Awosika, the former Chairperson of FirstBank, has delivered a powerful message to female accountants, urging them to challenge the status quo and strive for leadership positions within their workplaces and professional organizations. Speaking at the 2024 Society of Women Accountants of Nigeria (SWAN) Day with the theme of "Shattering Glass Ceiling," Awosika emphasized the importance of intentionality, wisdom, and...
WordPress.org Blocks WP Engine in Escalating Dispute, Leaving Users Vulnerable
A dramatic escalation in the ongoing feud between WordPress.org and web hosting giant WP Engine has left many WordPress users in a precarious position. WordPress.org, the free open-source content management system (CMS) powering nearly 40% of websites globally, has blocked WP Engine from accessing its resources, including crucial security updates and plugin/theme repositories. The dispute began with WordPress co-founder Matt...
UK’s PERL Program Leaves a Lasting Legacy in Nigeria
The United Kingdom-funded Partnership to Engage, Reform, and Learn (PERL) program, which concluded after eight years of implementation, has been commended for its significant impact on governance and service delivery in Nigeria. Launched in 2016, PERL aimed to foster collaboration between governments and citizens at the federal, state, and local government levels. The program's focus was on addressing governance challenges...
Nigerian Airfares Surge Dramatically in August, Outpacing Other Transport Costs
The National Bureau of Statistics (NBS) has released a report highlighting a significant surge in airfare prices within the country. In August 2024, the average fare paid by air passengers for specified routes on a single journey reached a staggering N123,700.14. This represents a substantial increase of 25.51% compared to the previous month, July 2024, when the average...
Federal Government Warns MDAs Against Budget Padding, Emphasizes Mandate Adherence
The Federal Government has commenced preparations for the 2025 national budget, issuing a stern warning to ministries, departments, and agencies (MDAs) to adhere strictly to their mandates when submitting budget proposals. The Director-General of the Budget Office, Tanimu Yakubu, emphasized the importance of quality in the national budget, noting that stakeholders often question the relevance, execution, and effectiveness of budgetary...
Enugu State Revives Sunrise Flour Mill with N40 Billion Investment
The Enugu State government has taken a significant step towards reviving its economy by signing a N40 billion Memorandum of Understanding (MoU) with JELFAH Group to revitalize the Sunrise Flour Mill in Emene. Governor Peter Mbah, who signed the deal, reiterated his commitment to creating a conducive environment for investors in the state. He emphasized that the partnership with JELFAH...
Indonesia-Africa Forum Delivers Significant Business Deals
The recently concluded 2nd Indonesia-Africa Forum in Bali has yielded substantial results for bilateral trade between Indonesia and African countries. A total of 32 business partnership deals, valued at over $3.5 billion, were signed during the event. The Nigerian delegation, led by Minister of Information and National Orientation, Mohammed Idris Malagi, and the President of the Nigerian Indonesian Chamber of...
Nigerian Economic Society Calls for Urgent Government Action
The Nigerian Economic Society (NES) has issued a stark warning about the nation's socio-economic challenges, urging the federal government to take immediate action. In a communique released following its 65th Annual Conference, the NES highlighted the pressing issues facing Nigeria, including low personal incomes, dysfunctional education and healthcare systems, unemployment, rising inflation, poverty, and other critical factors contributing to insecurity,...
EKEDC Warns Customers Against Meter Fraud
The Eko Electricity Distribution Company (EKEDC) has issued a stern warning to its customers against falling victim to fraudulent activities related to meter procurement and other services. The company emphasized that all payments should be made directly through official and approved channels. The warning comes in the wake of the arrest and arraignment of one Mufutau Bello, who was accused...
Nigeria’s Economy Poised for Growth: FDC Predicts
The Nigerian economy is on track for significant growth in the coming years, according to Bismarck Rewane, Managing Director/Chief Executive Officer of Financial Derivatives Company Limited (FDC). Rewane, speaking at the Access Bank Customer Forum, projected that the economy would expand by 3.5% by 2026, pushing the country's Gross Domestic Product (GDP) to approximately $400 billion. This growth trajectory would...
