According to recent GDP data from the National Bureau of Statistics, Nigeria’s Gross Domestic Product growth decreased from 3.52 percent in the fourth quarter of 2022 to 2.31 percent in the first quarter of 2023.
The cash crisis that was faced throughout the quarter, according to the NBS, was to blame for the dip.
The report read in part, “Gross Domestic Product grew by 2.31 per cent (year-on-year) in real terms in the first quarter of 2023. This growth rate declined from 3.11 per cent recorded in the first quarter of 2022, and 3.52 per cent in the fourth quarter of 2022. The reduction in growth is attributed to the adverse effects of the cash crunch experienced during the quarter.”
The decline is slightly below a recent projection by KPMG that Nigeria’s GDP will grow at a relatively slow pace of 3 per cent in 2023 due to challenges associated with the naira redesign and political transition.
A coalition of Civil Society Groups under the umbrella of the Network Against Corruption and Trafficking (NACAT) has asked the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC) to investigate Godswill Akpabio, former Akwa Ibom State Governor, over corruption allegation during his tenure as governor of the state.
Addressing journalists on Tuesday in Abuja, Justice Ojefia, Executive Director Legal of NACAT; Sampson Tega, Executive Director, Investigation, and Stanley Ugagbe, its Operational Manager, alleged that the fortunes of Akwa-Ibom people were mortgaged for personal aggrandizement under Senator Akpobio as governor.
The group warned against electing the former governor as president of the 10th Senate, wondering why the All Progressives Congress (APC) which accuses the Peoples Democratic Party (PDP) of embezzling the country’s resources for 16 years, would turn around to anoint one of the alleged architects of the embezzlement as senate president.
Akpabio who is the preferred choice of the National Working Committee of the All Progressives Congress (APC) for the Senate Presidency has been under investigation by the EFCC since he left office as Governor in 2015.
The group recalled that barely months after leaving office, the EFCC invited him over allegations bothering on misappropriation of funds of the Akwa-Ibom State Treasury.
“It is no news that for eight years, the good fortunes of Akwa-Ibom people were mortgaged for personal aggrandizement when Senator Godswill Akpobio reigned supreme as Governor between 2007 to 2011,” the group said.
“Barely months after leaving office, the Economic and Financial Crimes Commission (EFCC), were quick to pounce on him over allegations bothering on wanton looting of the Akwa-Ibom State Treasury to the tune of over 100 Billion Naira.
“While the investigations and prosecution are still on, the civil society has not rested on its oars in its bid to ensure that corruption is nipped in the bud and that every penny of Akwa-Ibom Tax payers money are properly accounted for.
“It is on this note that the coalition of civil societies led by the Network Against Corruption and Trafficking, NACAT, embarked on an comprehensive investigations of the Akwa-Ibom State Government Account between 2011-2015.
“NACAT through these discovered financial infractions and irregularities ranging from circumvention of procurement processes, suspicious payments of monies, possible money laundering, to award of contracts to non-existent Shell Companies.
“These financial manipulations have cost the good people of Akwa-Ibom State, money amounting to over 700 billion Naira, under the watch of Senator Godswill Akpabio.
“The questions begging for answers are: How will the All Progressives Congress (APC) accuse the PDP government of wasting 16 years of our nationhood and still reward a PDP-man in Mr. Godswill Akpabio who’s part of the destruction of Nigeria and only joined APC 6 years ago? It is akin to give a PDP member the number three position in the land and saying that APC lied against PDP destroying Nigeria.
“To make Akpabio a Senate President is a reward for monumental corruption orchestrated in AkwaIbom and Ministry of Niger Delta/NDDC. Akpabio as Governor looted over N1 trillion of AkwaIbom State treasury and over N200 billion NDDC funds as a minister.
“How will Akpabio be allowed to preside over the same Senate when he accused the entire Senators as being behind the corruption in NDDC during the NDDC probe?
“Giving Akpabio Senate President mandate is to whittle down the fight against corruption as he will enact laws that will weaken the EFCC and ICPC since he has cases with them.
“The nation is dominant of three tribes, namely Hausa, Yoruba and Igbo. It is nationally irresponsible to deny the Igbos the number three position in the land whether they bring votes or not, when they have ranking Senators of APC extraction who have not been tainted with corruption.”
The group accused Akpabio of, among other things, circumventing procurement procedures in the award of contracts, award of contracts to shell companies, and money laundering in with transactions carried out in 2011, 2012, 2013 and 2014 as proof.
On alleged bypassing of procurement procedures, the group noted that its findings revealed that in 2011, “Friday Etuk received a total of N25,043,211 (Twenty Five Million, Forty-Three Thousand. Two Hundred and Eleven) from the AKSG SUB- TREASURY MKPAT ENIN from the First bank account number 2006071033.”
It continued,” Findings revealed that AUGUSTINE WOKOCHA who was the former Commissioner of Power, River State received a total of N25,000,000 (Twenty Five Million Naira) from the AKWA IBOM INV. & IND. PROM. COUNCIL from the Zenith Bank account number 6013704517.
“Findings revealed that DR AKPANIM NTEKIM E received a total of N13,404,503 (Thirteen Million, Four Hundred and Four Thousand, Five Hundred and Three Naira) from the AKWA IBOM STATE GOVT. from the UBA account number with no account number.
“Findings revealed out that MR CHRISTOPHER AKAN received a total of N14,804,937 (Fourteen Million, Eight Hundred and Four Thousand, Nine Hundred and Thirteen-Seven Naira) from the AKWA IBOM STATE GOVT. from the UBA account number with no account number.”
“Findings revealed that MRS MFONG EKONG EBIENANG received a total of N15,049,312 (Fifteen Million, Fourteen Nine Thousand, Three Hundred and Twelve Thousand) from the AKWA IBOM STATE GOVT. from the UBA account number with no account number.
“Findings revealed that IYANG JACOB received a total of N25,867,526 (Twenty Five Million, Eight Hundred and Sixty Seven Thousand Five Hundred and Twenty-Six Naira) from the AKWA IBOM STATE GOVT. from the UBA account number 1001083568.
“Findings revealed that EBONG SUNDAY UDO received a total of N13, 019,710 (Thirteen Million, Nineteen Thousand, Seven Hundred and Ten Naira) from the AKWA IBOM STATE GOVT. from the UBA account number 1001083568.
“Findings revealed that FAUB ENIGMA LTD received a total of N5,000,000 (Five Million Naira) from the AKWA IBOM STATE JUDICIARY from the First Bank account number 2012207110.
“Findings revealed that SUNDAY JONES AKPAN received a total of N59,835,500 (Fifty-Nine Million, Eight Hundred and Thirty-Five Thousand, Five Hundred Naira from the AKWA IBOM STATE JUDICIARY from the First Bank account number 2012207110.
On alleged award of contract to shell companies, the group said its findings revealed that “VETUS NIGERIA VENTURES received a total of N22,322,331 (Twenty-Two Million, Three Hundred and Twenty-Two Thousand, Three Hundred and Thirty-One) from OFFICE OF STATE SURV. GEN – PROJECT Account from the Zenith bank account number 6115202036.
“Checks on the Corporate Affairs Commission (CAC) website showed that the companies are not registered nor do they exist on other platforms that show the existence of companies hence ineligible to be awarded contracts.”
It disclosed further that, “Our investigation found out that BLUE CURRENT NIG ENTERPRISE received N500,3990,900 (Five Hundred Million, Three Hundred and Ninety Nine Thousand Nine Hundred Naira) from the OFFICE OF THE SECT TO THE STATE GOVT account from the UBA account number 1015319792.
“Checks on the Corporate Affairs Commission (CAC) website showed that the companies are not registered nor do they exist on other platforms that show the existence of companies hence ineligible to be awarded contracts.”
“TESANTO NIGERIA LIMITED received N50,000,000 (Fifty Million Naira) from the GOVERNMENT HOUSE UYO account from the Zenith bank 1010375881.
“Checks on the Corporate Affairs Commission (CAC) website showed that the companies are not registered nor do they exist on other platforms that show the existence of companies hence ineligible to be awarded contracts.”
Also raising the issue of possible money laundering, the group disclosed that, “WALLNET BUSINESS SERVICE LTD received a total of N1,197,195,422 (One Billion One Hundred and Ninety Seventy One Hundred and Ninety Five Thousand Four Hundred and Twenty Two Naira) from the AKWA IBOM STATE GOVERNMENT account number 0009987286 domiciled in Diamond Bank Plc. The sum was paid in a single day dated 2011/09/01 in one tranche.
“Findings showed that the company which belongs to Obi Emeribe was floated in July 2007 barely two months after the swearing in of Godswill Akpabio as Governor of Akwa Ibom State.
“It was found that the company which had only being in existence for barely three years without any proven track record of technical knowhow was paid a whopping N1.2billion without specification of the purpose of the payment contrary to Part IV Section 16(6) of the Public Procurement Act 2007 which requires that companies eligible for contract award should possess the necessary professional and technical qualifications, financial capability, equipment and other relevant infrastructure etc’.
“Investigation showed that the company is a marketing company hence should have no business with the government of Akwa State (UNLESS SPECIFIED) as they not involved in the business of buying and selling.”
Continuing, the group listed findings of its investigations on transactions carried from 2012 to 2014 as follows:
AKWA IBOM STATE 2012 fact findings
LIssue 1: CIRCUMVENTION OF PROCUREMENT PROCEDURE
One AFFIONG UKPONG received a total of N2,090,000,000 (Two Billion, Ninety Million Naira) in trenches of N10,000,000 from the OFFICE OF THE SECT TO THE STATE GOVT UBA Bank account, OFFICE OF THE SSG. AKS Zenith Bank account number 1010638395 and OFFICE OF THE SSG ACCT. 11 Zenith Bank account number 1010642864.
One ASUQUO A USANGA received a total cheque of N980,000,000 ( Nine Hundred and Eighty Million Naira) in trenches of N10,000,000 with the highest amount of N170,000,000 in a day (2012/02/16) from Government House Uyo Zenith Bank account number 1010375881.
One CHARLES UDOEBUK received a total of N17,421,451,623 (Seventeen Billion, Four Hundred and Twenty One, Four Hundred and Fifty One Thousand, Six Hundred and Twenty Three Naira) in trenches of N10,000,000 up to 60 times giving a total of N600,000,000 in a day (2012/10/12) from Government House Uyo UBA Bank account and Zenith Bank account number 1010642864.
CHARLES MFON received a total N117,283,627 (One Hundred and Seventeen Million, Two Hundred and Eighty Three, Six Hundred and Twenty Seven Naira) from Government House Uyo UBA Bank account.
Issue 2: AWARD OF CONTRACT TO SHELL COMPANIES (NON EXISTENT)
MEMADAH VENTURES received a total of N102,950,000 ( One Hundred and Two Million, Nine Hundred and Fifty Thousand Naira) from OFFICE OF THE SSG ACCT. 11 Zenith account number 1010642864.
Issue 3: AWARD OF CONTRACT TO SHELL COMPANIES (NON EXISTENT)
SURCOMTEC LIMITED received a total of N13,230,000 ( Thirteen Million, Two Hundred and Thirty Thousand Naira) from Government House Uyo Zenith Bank account number 1010375881.
It was also found that SURCOMTEC LIMITED has an online presence but could not be found on the CAC public search website.
Issue 4: AWARD OF CONTRACT TO SHELL COMPANIES (NON EXISTENT)
TESANTO NIGERIA LIMITED received a total of N67,500,000 ( Sixty Seven Million, Five Hundred Thousand Naira) from Government House Uyo Zenith Bank account number 1010375881.
Issue 6: CIRCUMVENTION OF PROCUREMENT PROCEDURE
OBONG CHRIS EKPENYONG received a total of N20,209,324 (Twenty Million, Two Hundred and Nine Thousand, Three Hundred and Twenty Four) from Government House Uyo UBA and Zenith Bank account number 1010375881.
It was found that OBONG CHRIS EKPENYONG was the former Deputy Governor of Akwa Ibom State from 1999 to 2005 and current Senator.
No transaction description was attached to the payment made to ascertain the purpose of the funds contrary to Financial Regulation 603 which states “All vouchers shall contain full particulars of each service such as dates, numbers, quantities, distances and rates….and will invariably be supported by relevant documents such as LPOs, invoices, special letters of authority, time sheets, rates etc.”
AKWA IBOM STATE ACCOUNT 2013 fact findings
Issue 1: CIRCUMVENTION OF PROCUREMENT PROCEDURE
SUNDAY JONES AKPAN the CHIEF REGISTRAR of AKWA IBOM STATE received a total of N 923,849,800 (Nine Hundred and twenty three Million, Eight Hundred and Forty Nine Thousand, Eight Hundred Naira) from the AKWA IBOM STATE JUDICIARY first bank account number 2012207110.
More so, no transaction description was attached to the payment which contravenes Financial Regulation 603 which states “All vouchers shall contain full particulars of each service such as dates, numbers, quantities, distances and rates…. and will invariably be supported by relevant documents such as LPOs, invoices, special letters of authority, time sheets, rates etc.”.
Issue 2: CIRCUMVENTION OF PROCUREMENT PROCEDURE
CHARLES UDOEBUK withdrew a total of N5,300,000,000 (Five Billion, Three Hundred Thousand Naira) from GOVERNMENT HOUSE – UYO Eco bank account number 0272006697 and Zenith bank account number 1010375881 and also from the GOVERNMENT HOUSE IMPREST ACCOUNT Eco bank account number 0303001693.
ASUQUO A USANGA withdrew a total of N120,000,000 (One Hundred and Twenty Million Naira) from the GOVERNMENT HOUSE – UYO Zenith bank account
More so, no transaction description was attached to the payment which contravenes Financial Regulation 603 which states “All vouchers shall contain full particulars of each service such as dates, numbers, quantities, distances and rates…. and will invariably be supported by relevant documents such as LPOs, invoices, special letters of authority, time sheets, rates etc.”.
AKWA IBOM 2014 fact findings
Issue 1: CIRCUMVENTION OF PROCUREMENT PROCEDURE
One MFON-ISO ABASI received N17,710,152 (Seventeen Million, Seven Hundred and Ten Thousand, One Hundred and Fifty-Two Naira) from the AKWA IBOM STATE GOVT ACCOUNT from the Skye bank account number 1750038955.
MR FRIDAY EKPEYONG received N58,122,414 (Fifty-Eight Million, One Hundred and Twenty-Two Thousand, Four Hundred and Four Naira) in a day on 9/11/2014 from the Akwa Ibom State Government Revenue Account from the First Bank Account Number 2010780101.
NSEOBONG FRIDAY UDOIKONO received N35,500,127 (Thirty-Five Million, Five Hundred Thousand, One Hundred and Twenty-Seven Naira) in a day on 9/9/2014 from the Akwa Ibom State Government Revenue Account from the First Bank Account Number 2010780101.
MR NSE UKPONG ENANG received N47,750,999 (Forty-Seven Million, Seven Hundred and Fifty Thousand, Nine Hundred and Ninety- Nine Naira) in a day on 9/17/2014 from theAkwa Ibom State Government Revenue Account from the First Bank Account Number 2010780101.
MR OKON ASUQUO MATHEW received N51,903,259 (Fifty-One Million, Nine Hundred and Three Thousand, Two Hundred and Fifty-Nine Naira) in a day on 9/12/2014 from theAkwa Ibom State Government Revenue Account from the First Bank Account Number 2010780101.
MRS INIOBONG JOSHUA LAZAR received N51,095,972 (Fifty-One Million, Ninety-Five Thousand, Nine Hundred and Seventy-Two Naira) in a day on 9/8/2014 fromtheAkwa Ibom State Government Revenue Account from the First Bank Account Number 2010780101.
MRS MARY UKOETTE received N35,480,780 (Thirty-Five Million, Four Hundred and Eighty Thousand, Seven Hundred and Eighty Naira) in a day on 9/30/2014 from the Akwa Ibom State Government Revenue Account from the First Bank Account Number 2010780101.
MRS NSE UMOH received N51,903,259 (Fifty-One Million, Nine Hundred and Three Thousand, Two Hundred and Fifty Nine Naira) in a day on 9/11/2014 from the Akwa Ibom State Government Revenue Account from the First Bank account number 2010780101.
MRS AGNES MARCEL IBA received N50,540,178 (Fifty Million, Five Hundred and Forty Thousand, One Hundred and Seventy-Eight Naira) in a day on 9/26/2014 from the Akwa Ibom State Government Revenue Account from the First Bank account number 2010780101.
More so, no transaction description was attached to any of the withdrawals and payments contrary to Financial Regulation 603 which states “All vouchers shall contain full particulars of each service such as dates, numbers, quantities, distances and rates….and will invariably be supported by relevant documents such as LPOs, invoices, special letters of authority, time sheets, rates etc.”
Issue 2: AWARD OF CONTRACT TO SHELL COMPANIES (NON EXISTENT)
HEMI VENTURES received N24,277,272 (Twenty Four Million, Two Hundred and Seventy Seven Thousand, Two Hundred and Seventy-Two Naira) from the AKWA IBOM STATE GOVT ACCOUNT from the Skye bank account number 1750038955.
Checks on the Corporate Affairs Commission (CAC) website showed that the companies are not registered nor do they exist on other platforms that show the existence of companies hence ineligible to be awarded contracts.
Issue 3: AWARD OF CONTRACT TO SHELL COMPANIES (NON-EXISTENT)
Findings revealed that on 21/1/2014, DOM COMMUNICATION LIMITED received a total of N15,000,000 (Fifteen Million Naira) from the Government House Uyo account number 1010375881 domiciled with Zenith Bank Plc.
Checks on the Corporate Affairs Commission (CAC) website showed that the companies are not registered nor do they exist on other platforms that show the existence of companies hence ineligible to be awarded contracts.
Issue 4: CIRCUMVENTION OF PROCUREMENT PROCEDURE
CHARLES M UDOEBUK who is the Permanent Secretary of the Akwa Ibom State Government House received a total of N3,540,000,000 (Three Billion, Five Hundred and Forty Million Naira) from the Government House Uyo Zenith Bank account number 1010375881.
Findings showed that on 1/7/2014, Charles Udoebuk withdrew a total of N190,000,000 in tranches of N10,000,000 nineteen times in a single day.
Seven days later precisely on 1/14/2014, Udoebuk moved another total of N150,000,000 (One Hundred and Fifty Million Naira) from the same account fifteen times in a single day.
This was followed by a withdrawal of N170,000,000 on 1/21/2014 from the same account seventeen times in a day 1/28/2014 saw another N120,000,000 moved from the account,
On 2/3/2014 he received N540,000,000 (Five Hundred and Forty Million Naira) withdrawn in tranches of N10,000,000 fifty four times in a single day apparently following the orders of Godswill Akpabio.
On 11/13/2014 Charles moved N390,000,000 in tranches of N10,000,000 fifty four times in a single day apparently following the orders of Godswill Akpabio.
More so, on 2/11/2014 he withdrew N300,000,000, another N270,000,000 on 12/3/2014, 2/24/2014 withdrawn on N300,000,000, 3/2/2014 N430,000,000, 3/10/2014 he received N100,000,000, 3/18/2014 another N300,000,000 amongst others. No transaction description was attached to any of the withdrawals and payments contrary to Financial Regulation 603 which states “All vouchers shall contain full particulars of each service such as dates, numbers, quantities, distances and rates….and will invariably be supported by relevant documents such as LPOs, invoices, special letters of authority, time sheets, rates etc
Lere Awokoya, an experienced marketing expert, has been promoted to the position of Chief Marketing Officer at Jumia. Previously, Lere served as Head of Brand for the leading e-commerce platform, where he was responsible for the company’s brand strategy and execution.
In his new role, Lere will oversee all marketing activities across Jumia‘s portfolio of brands, including Jumia Mall, Jumia Food and Jumia Pay. He will be responsible for developing and implementing marketing strategies that drive growth and customer engagement, as well as leading a team of marketing professionals.
“I am honoured to be promoted and grateful for the recognition of my contributions to the company,” said Lere. “I am excited to take on new challenges and continue working towards Jumia’s mission of improving people’s lives by providing for their everyday needs. I am motivated to work even harder and exceed expectations in my new role”.
Lere brings over a decade of experience in marketing and brand management to his new position. Prior to joining Jumia, he worked with several multinational companies, including Betway and Moet Hennessy.
“We are thrilled to have Lere as our new Chief Marketing Officer,” said Massimiliano Spalazzi, CEO of Jumia Nigeria. “Lere has been instrumental in shaping our brand and driving customer engagement, and we are confident that he will continue to deliver exceptional results in his new role.”
Listed on the New York Stock Exchange, Jumia is Africa’s leading e-commerce platform, offering a wide range of products and services to customers across the continent. With Lere at the helm of marketing, the company is poised to continue its growth trajectory and cement its position as a leader in the industry.
In his plans for the business, Lere intends to use a data-driven approach to connect better with customers. “To do this, we will leverage the data and our resources to inform our marketing investments as well as understand our customers better,” he said.
“As marketing evolves, we need to embrace new technologies while preserving the human element of marketing that gives it colour and excitement. In Nigeria, we have a unique cultural landscape that requires us to be even more aware of the need to balance technology with our touch,” he adds.
With a bachelor’s degree in Management and Strategy as well as a Master’s degree in Strategy and International Business from Aston University in Birmingham, UK, Lere has 11 years of experience in brand marketing, with a proven track record of successfully introducing and building global brands in regional and domestic markets.
Stanbic IBTC Trustees, a subsidiary of Stanbic IBTC Holdings, has been awarded “Best Trust Company Nigeria 2023” by Finance Derivative, a leading financial news and analysis publication known for its unbiased and insightful reporting of global financial markets, economics, and business news.
The award recognises the company’s outstanding performance, dedication to excellence, and commitment to providing quality service to clients.
Charles Omoera, Chief Executive, Stanbic IBTC Trustees, expressed delight upon receiving the award and said that the company is honoured to receive this distinguished recognition from Finance Derivative.
Stanbic IBTC Trustees has been building a sterling reputation in the Nigerian Trusteeship industry for over a decade , rendering unparalleled quality and experience in providing exceptional trust services.
Charles noted that the company’s extensive knowledge and expertise in this field has enabled it develop innovative and personalised solutions that cater to the unique needs of its clients.
The recognition of Stanbic IBTC Trustees as the “Best Trust Company Nigeria 2023” by Finance Derivative is a testament to the company’s exceptional performance and contribution to the financial industry.
Charles also stated that the award validates Stanbic IBTC’s commitment to excellence, innovation, and professionalism. The company has demonstrated unrivalled competence in providing exceptional trust services that meet the unique needs of its clients.
He attributed Stanbic IBTC Trustees’ achievements to its unwavering dedication to serving its clients. He also expressed the company’s focus and deep understanding of local and international markets, which enabled it provide effective solutions.
Recognising the role and expertise of the dedicated staff, Emi Agaba-Oloja, Executive Director Stanbic IBTC Trustees stated that the company’s staff are highly specialised in trust matters, and the company takes pride in having the best hands on the team.
She further asserted that Stanbic IBTC Trustees would continue to deliver excellent and efficient services while investing in its people, processes, and technology to ensure that it remains a trusted partner to its clients.
Stanbic IBTC Trustees Limited is a wholly-owned subsidiary of Stanbic IBTC Holdings PLC, a member of the Standard Bank Group. The company was registered in 2009 by Nigeria’s Securities and Exchange Commission (SEC) as Trustees, while it received the South African Reserve Bank (SARB) approval in 2010. With shareholders’ funds of over N300 million, the company complies with the SEC’s minimum capital requirement for Trust companies in Nigeria.
These gummies have become increasingly popular in recent years, and it’s easy to see why. These tasty treats offer a convenient and discreet way to enjoy the benefits of THC without the need for smoking or vaping. The gummies are available in a wide range of flavors and dosages, making it easy for users to tailor their experience to their preferences.
Whether you’re new to THC or a seasoned user, Delta 9 Gummies or Delta 10 Vape are an excellent option for anyone who wants to enjoy the benefits of cannabis in a fun and convenient way.
Here Are The 6 Ways In Which Delta 9 Gummies Is Affecting The Cannabis Industry
1. Increased Demand For Delta 9 Thc Gummies Is Driving Growth In The Cannabis Industry
The cannabis industry has seen significant growth in recent years, and the increased demand for these gummies is driving the industry even further. These gummies are made from THC, one of the active ingredients found in marijuana, and are a popular product due to their easy consumption and discreetness.
With more and more states legalizing THC products, the demand for Delta 9 THC gummies is on the rise. The industry is not only experiencing a surge in sales but also catering to a broader customer base, from users to those looking for different use. The future of the cannabis industry is bright, and the demand for these THC gummies is a significant driving force behind its growth.
2. Offer A Discreet And Convenient Method For Consuming Cannabis
These gummies have become increasingly popular among cannabis enthusiasts looking for a convenient and discreet way to indulge in their favorite pastime. Unlike smoking or vaping, these gummies offer a non-intrusive method of consumption, making them ideal for those who want to enjoy cannabis without drawing unwanted attention to themselves. They are also incredibly easy to use and transport, making them perfect for on-the-go use. Overall, Delta 9 THC gummies offer a safe, convenient, and enjoyable way to experience the benefits of cannabis whenever and wherever you want.
3. Cost-Effective Products
Delta 9 THC gummies have become an increasingly popular option for those seeking a discreet and convenient way to consume cannabis. Luckily for those on a budget, there are now a variety of cost-effective options available for purchasing these tasty treats. With these more affordable products, customers can experience the benefits of Delta 9 THC without breaking the bank. Whether you’re a seasoned cannabis user or looking to try it for the first time, these Delta 9 THC gummies are a great option to explore. Just be sure to consume responsibly and in accordance with local laws and regulations.
4. Appealing To New Cannabis Consumers
These gummies have rapidly become the go-to choice for the new generation of cannabis consumers looking for a fun and hassle-free way to experience the effects of Delta 9 THC. Packed with the right amount of THC, these colorful gummies are carefully crafted to deliver maximum potency and can easily fit into your lifestyle without drawing any attention.
What makes them stand out is their sweet, fruity flavor that masks the typical earthy taste of cannabis, making them a delightful treat to savor. Apart from being convenient to use, their on-the-go packaging and discreet nature allow you to enjoy them almost anywhere and anytime. So whether you’re a seasoned cannabis lover or a newbie, Delta 9 THC gummies are worth a try for a perfect cannabis experience!
5. The Legality Of Delta 9 Thc Gummies Varies By State
These gummies have become increasingly popular for their mind and body relaxation effects in recent years. However, it’s important to note that the legality of these gummies varies by state.
While they may be legal for different use in some states, they remain completely illegal in others. The laws surrounding THC gummies can be confusing, but adhering to them is important to avoid legal issues. It’s always wise to familiarize oneself with the laws and regulations of the state where you reside before purchasing and consuming these products.
6. Popularity Of Delta 9 Thc Gummies Has Led To An Increase In Competition
These gummies have been gaining popularity in recent years. As a result, the market for these products has become increasingly competitive. Companies are competing to create the best-tasting, most effective, and highest-quality gummies.
Consumers now have a wider variety of options, which means they can shop around for the product that best suits their needs. With the increase in competition, companies strive to provide more information about their products to help customers make informed decisions. It’s an excellent time to be a Delta 9 THC gummy enthusiast, as the competition is driving innovation and technology advancements in the industry.
Why Is Delta 9 Gummies Becoming A Preferred Product Among Consumers?
Delta 9 THC Gummies are increasingly becoming a popular choice among consumers. This product is a great alternative to traditional smoking methods and offers a discreet and flavorful experience. But before buying these products, you need to understand the difference between Delta 9 and Delta 10.
Delta 9 THC Gummies are a delicious way to enjoy the benefits of Delta 9 THC without any harshness or undesirable flavors. With precise dosing, consumers can easily manage their intake and enjoy a consistent experience. Additionally, gummies are a convenient option, especially for those always on the go. It’s no surprise that Delta 9 THC Gummies have become a preferred product – they offer a tasty and convenient way to enjoy the benefits of Delta 9 THC.
Summing Up
Delta 9 gummies have become increasingly popular in the cannabis industry due to the unique properties that set them apart from traditional inhalation methods. They offer consumers a discreet way of consuming cannabis, with the added benefit of easily controlling dosage levels. In addition, many find the taste of these gummies to be more enjoyable than smoking or vaping cannabis. As a result, Delta 9 gummies have found a strong following amongst new and experienced cannabis consumers alike.
Billboxx, a cutting-edge B2B SaaS company specializing in automating and simplifying the billing to payment workflow for businesses, proudly announces that its founders, Justus Obaoye and Abdulazeez Ogunjobi, have been selected to join the prestigious Norrsken Accelerator program for 2023.
Renowned as the world’s leading accelerator program for impact startups, Norrsken Accelerator nurtures innovative startups and provides them with the necessary resources, mentorship, and network to scale their businesses and create a positive impact in their respective industries. The program, which will see 20 of the world’s most promising early-stage impact startups participate at an 8-week sprint in Stockholm, is known for its rigorous selection process, choosing only the most promising entrepreneurs who demonstrate exceptional potential.
Justus Obaoye and Abdulazeez Ogunjobi, the visionary minds behind Billboxx, have consistently shown a deep commitment to building enterprising innovative solutions across different industries – automotive (Carido and Fixit45), education (SimbiBot) and software test engine (Scandium). Billboxx is on a mission to keep businesses in business by reducing the number of businesses that often fail due to delayed/late payments which consequently disrupt cash flow from operations.
By joining the Norrsken Accelerator, Obaoye and Ogunjobi will receive $125K upfront investment, gain access to an extensive network of seasoned unicorn founder/mentors, industry experts, and +100 top investors who will support them in refining their business strategy, enhancing their products and services, and expanding their market reach. The program’s intensive curriculum, tailored to the specific needs of high-potential startups, will provide Billboxx with invaluable guidance and resources to accelerate its growth trajectory.
“We are thrilled to have been selected for the 2023 Norrsken Accelerator program,” said Justus Obaoye, Co-founder & CEO of Billboxx. ” We understand that billing and payment operations can be cumbersome and time-consuming for business owners or their finance teams and this is why we developed Billboxx. Our participation affords us a tremendous opportunity to learn from industry leaders and access the expertise necessary to scale our growth and impact world-wide. We are excited to collaborate with like-minded entrepreneurs and contribute to Norrsken’s mission of solving the world’s greatest challenges and fostering positive social change.”
Abdulazeez Ogunjobi, Co-founder & CTO of Billboxx, added, “Being part of Norrsken Accelerator aligns perfectly with our vision to become a leading enabler for the success, survival and sustainability of businesses. In doing so, we are confident that BillBoxx can create shared prosperity while stimulating growth and economic development across the continent. We are enthused that the program’s invaluable support and resources will enable us to scale our operations and make a lasting impact in the world of business beginning with Africa.”
Emirates passengers can now sample an exceptional sparkling wine onboard Emirates. Welcome Chandon Vintage Brut 2016, a global exclusive to Emirates that brings the distinctive travel experience of Premium Economy Class to more destinations, including New York JFK, San Francisco, London Heathrow, Sydney, Auckland, Christchurch, and Melbourne.
As part of a robust beverage selection, the airline has procured an outstanding Australian sparkling wine as a global exclusive, providing passengers with the joy of refreshing bubbles inflight. Described as having ‘youthful and vibrant flavours with subtle complexity,’ Chandon Vintage Brut 2016 is a premium sparkling wine, made in the traditional method for elegance and depth.
From the pristine Strathbogie and King Valley vineyards in the Victorian Mountains, the grapes are grown in rich loamy soils and flourish in the mild summer weather. The wine is then crafted with precision by experienced winemakers, who focus on climate and fruit potential to achieve the perfect acidity and freshness, with a distinctive style that reflects the locale in which it is made. The result is a remarkable sparkling wine effervescent with freshness and energy, with a six years of lees age adding a touch of refinement – and a luxurious wine that is completely exclusive to Emirates Premium Economy passengers.
Taste Profile of Chandon Vintage Brut 2016
A deliciously soft, fresh, and creamy wine with length and finesse, Chandon Vintage Brut 2016 is a blend of 50% Pinot Noir, 45% Chardonnay and 5% Meunier, where the Chardonnay grapes highlight the lime and green apple aromas, and the Pinot Noir and Meunier grapes bring home pomegranate and pink grapefruit.
The spritely freshness and white flower aromas are due to a slightly younger yeast. On the palate there are lime and green apple notes, while hazelnut praline, biscuit and fresh dough add extra body. Chandon Vintage Brut 2016 is a refreshing apéritif on its own but is also highly versatile with food due to crisp acidity. Emirates Premium Economy passengers can enjoy the beverage perfectly paired with inflight meals, and throughout the flight.
Chandon Vintage Brut 2016 is the first wine ever made at Chandon Australia since its foundation in 1986. Located in the renowned Yarra Valley, northeast of Melbourne, it is one of Australia’s oldest and most prestigious wine regions with excellent form in growing sparkling wine grapes, and a reputation for top-level oenology. Chandon is also one of only three Yarra Valley vineyards to obtain Sustainability Australia accreditation.
The Premium Economy Experience
Alongside luxurious seats, generous legroom, sophisticated cabin design and world-class inflight entertainment, Emirates Premium Economy offers passengers an elevated food and beverage experience In addition to the exclusive Chandon, Premium Economy Class passengers can enjoy gourmet, regionally inspired menus with generous portions, including a choice of main course. Menus are updated monthly by Emirates expert chefs, guaranteeing variety even for frequent travellers.
Emirates Premium Economy cuisine is an elegant experience, served with linen napkins, fine Royal Doulton china, stainless-steel cutlery, and with liqueurs, chocolates, coffee, and tea served to round off the meal. The complimentary drinks menu also includes a selection of spirits, beers, soft drinks, and fine wines, with each beverage chosen by Emirates as a best-in-class preferred beverage for passengers, forming part of Emirates 1 billion USD investment into its wine programme since 2006.
X3M Ideas, a creative advertising powerhouse, has emerged as the biggest winner at the Pitcher Awards 2023. With an impressive 19 of its 21 entries shortlisted, the agency won a total of 18 awards, including three Grand Prix and five Gold awards.
The award ceremony, which took place on May 20th at the Muson Centre in Lagos, saw X3M Ideas receive Gold awards in the categories of Use of Insights, PR and Reputation Management, Use of Data, and Use of Media for clients like The Extra Step Initiative, Neusroom and the LPM Foundation.
The agency also won two Grand Prix awards for the Soot Life Expectancy campaign, which used a clever algorithm on the website SootCity.com to determine life expectancy based on exposure to soot in Rivers State. Another Grand Prix award was won in the Package Design category for Pernod Ricard’s blended Irish whiskey, Jameson.
X3M Ideas, in addition, received the most significant award of the night, “Advertising Agency of the Year”, based on the total number of points accumulated from all entries. The agency beat out competitors like Dentsu, Mediareach OMD, Hill + Knowlton Strategies, Noah’s Ark, PHD Media, Insight Publicis and TBWA Concept, from countries across the African continent, including Nigeria, Kenya, Ghana, Cape Verde, Ivory Coast, South Africa, and Mauritius.
In addition, X3M Ideas came second in the Digital Agency of the Year category and third in the Media Agency of the Year category. The total count of their 19 shortlisted works resulted in an impressive 3 Grand Prix, 5 Gold, 9 Silver, and 1 Bronze award.
Speaking on the awards, Steve Babaeko, CEO of X3M Ideas, expressed his gratitude to the agency’s clients and team members for their support and hard work. He noted that the awards were a testament to the agency’s commitment to delivering innovative and effective campaigns that make a difference.
The Pitcher Awards is an annual event celebrating creativity and excellence in advertising and marketing communications across Africa. The event is organised by the African Cristal Festival and attracts entries from agencies and brands across the continent.
On the back of its listing as one of the fastest-rising companies out of Africa by Financial Times, Public Relations and Communications services company, BHM, has emerged the most awarded Nigerian agency at the 2023 SABRE Awards Africa receiving a record 13 certificates of excellence alongside some of its clients including MTN Nigeria, MultiChoice, Nigerian Breweries and Honeywell Group.
The awards come a few weeks after the leading Communications company was nominated for the Africa Consultancy of the Year at 2023 SABRE EMEA Awards. BHM and clients received the awards in recognition of their efforts in using Public Relations and Communications to drive some of the most impactful campaigns and partnerships out of the continent over the past one year.
CEO of BHM Holdings, Ayeni Adekunle says that recognitions such as these are a reminder that the company is doing something right.
“Our dream is to build Africa’s first truly global communications services company and every award, every listing serves to prove that we’re on the right path,” he says.
“I’m eternally grateful to the clients who continue to trust us with their businesses and my colleagues across BHM Holdings for the excellent work that each and every one of them continues to put in. None of these would be possible without them.”
MTN Nigeria, who has been one of the agency’s longest-standing clients, received a total of five certificates of excellence in categories such as CEO of the Year, Company of the Year, Corporate Image, Special Event/Sponsorship and Corporate Social Responsibility. The ICT company’s growth is evident in its revenue which has doubled from N1 trillion in 2018 to N2 trillion at the end of the financial year in 2022 with its strongest growth achieved in 2021 and 2022 at 22.9 percent and 21.6 percent respectively.
Honeywell Group was recognized for Superior Achievement in Reputation Management, and MultiChoice Nigeria for their stellar Integrated Marketing for Big Brother Naija Season 7. ID Africa, a BHM company, has overseen public relations for Big Brother Naija since 2019. The pan-African communications advisory firm also produced the show’s first-ever documentary and has worked on two seasonal reports alongside the sister company, Plaqad. This is the reality show’s first SABRE Africa Awards Certificate of Excellence.
Other BHM clients recognized include Nigerian Breweries Plc who was awarded certificates of excellence in three different categories, and Flour Mills PLC with a nod in the B2B Marketing category. BHM was also rewarded for work done with the 2022 World PR Day which drew participation from more than 10,000 people from 60 countries, across six continents.
The accolades make BHM the most nominated Nigerian agency at the awards organized by PRovoke Media to recognize superior achievement in Branding, Reputation, and Engagement. Other Nigerian agencies who earned mentions in the list include Chain Reactions, LSF|PR, Integrated Indigo, Image Merchants Promotion Limited, Redrick PR and SoMeSolutions.
The past 24 months have seen BHM record significant milestones. In 2021, the company announced its expansion to London and Edinburgh and by the next year it announced the establishment of operations in Ghana and Kenya, under the auspices of ID Africa. BHM has also recently announced that its US operations will kick off in August 2023. The expansions, according to Ayeni, are part of the company’s plans “to deliver what will be the first truly international communications services company from Africa; a true global player with a commitment to the continent.’’
The 2023 SABRE Africa Awards ceremony took place on May 18, 2023 as part of the 2023 African Public Relations Conference in Lusaka, Zambia.
As a Securities Exchange with a commitment to facilitate growth and development in the Nigerian debt markets and the economy at large, FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”) continues to promote an efficient, transparent, and well-regulated market, which attract and retain both domestic and foreign investors.
It is in this regard that the Exchange, through its Board Listings and Markets Committee, has approved the listing of the FCMB Group PLC ₦20.69 billion Series 1 Fixed Rate Resettable NC5.25 Additional Tier 1 Subordinated Bond under its ₦300.00 billion Debt Issuance Programme on its platform in May 2023.
FCMB Group PLC (“FCMB Group” or the “Issuer”) is a bank-led financial services group, headquartered in Lagos, Nigeria, with operating companies divided along three business groups – Commercial, Retail and Investment Banking. The FCMB Group bond, which is sponsored by Chapel Hill Denham Advisory Limited (Lead Sponsor) and FCMB Capital Markets Limited (Co-Sponsor) – both Registration Member (Listings) of FMDQ Exchange, will be used by the Issuer to purchase Intercompany Notes to be issued by First City Monument Bank Limited (the “Bank”), for purposes of the Bank financing incremental term lending in focus sectors and shoring up the Bank’s regulatory capital base.
Speaking on the successful bond issuance, the Group Chief Executive, FCMB Group PLC, Mr. Ladi Balogun, stated “FCMB Group is grateful to our investors, advisers and regulators (particularly the Securities and Exchange Commission, Nigeria and the Central Bank of Nigeria) for their support on the maiden issuance under our ₦300.00 billion Programme.
The innovative structure of a perpetual, income yielding bond that qualifies as Tier 1 capital – a first of its kind in the domestic capital markets – achieves three objectives for investors: it is non-dilutive for existing shareholders; creates capacity for improved earnings and dividends per share; and provides an attractive income stream to investors. We are also pleased to support our largest banking subsidiary towards the attainment of its growth, risk management and strategic objectives with this investment.”
Furthermore, the Lead Sponsor of the bond on the Exchange, Chapel Hill Denham Advisory Limited, through its Managing Director, Mr. Lanre Buluro, said “Chapel Hill Denham Advisory Limited is pleased to have acted as Financial Adviser to FCMB Group PLC on the issuance of the ₦20.69 billon Perpetual Fixed Rate Resettable NC5.25 Additional Tier 1 Subordinated Bond. This novel transaction structure provides a unique opportunity for banks and other domestic capital market participants to access financing from the investing public with more favourable terms and conditions than a conventional bond issuance, while meeting investors’ return requirements. Consequently, we would like to thank FCMB Group PLC, the financial and capital market regulators, and the investor community for their support in ensuring the successful capital raise.”
FMDQ Exchange will continue to work collaboratively with market stakeholders to align the nation’s debt markets to international standards, and will, through the promotion of product and service innovation and championing of key market development initiatives, take commendable steps to ensure that growth and development opportunities abound for the markets under its purview. FMDQ Group is Africa’s first vertically integrated financial market infrastructure (“FMI”) group, strategically positioned to provide registration, listing, quotation and noting services; integrated trading, clearing & central counterparty, settlement, and risk management for financial market transactions; depository of securities, as well as data and information services, across the debt capital, foreign exchange, derivatives and equity markets, through its wholly owned subsidiaries – FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited. As a sustainability-focused FMI group, FMDQ Group, through FMDQ Exchange, operates Africa’s premier Green Exchange – FMDQ Green Exchange – positioned to lead the transition towards a sustainable future.
As a boy growing up in an average African home, Daniel Oseni was exposed to various African dishes prepared with tomatoes. In his words, “Purchasing these tomatoes was a nightmare because they easily got spoilt because the sellers didn’t have a proper preservation and storage system.”
Interestingly, Nigeria is the 14th largest tomato producer in the world, and the 2nd in Africa; producing more than 2.3 million tonnes every year. Unfortunately, the country spends more than $9.8 billion on importing tomatoes because it doesn’t meet the demand for fresh produce. In previous years, Nigeria has experienced more than 56 percent of waste due to a lack of proper storage and preservation facilities.
To solve this problem, Daniel founded PeriPES, a natural cooling system that preserves and stores tomatoes for up to 3 to 4 months without getting spoilt. PeriPES is made out of clay bricks, sand water, and air.
It works by reducing the room temperature of the tomatoes to less than 15°C at 90 percent humidity, in order to stop the production of ethylene, which is the major chemical component that causes ripening and spoilage in all agricultural products. In his words, “Our technological input is harnessing the power of nature to preserve.
This science is known as evaporative cooling. It is a circular movement of moist air from a cooler region to a hotter region, by passing through a damp sand medium. It is a very viable and stable means of preservation because it creates a conducive humidity for the tomatoes, which helps to retain the nutritional value.”
Daniel believes that tomato farmers, wholesalers, and retailers in Nigeria will benefit from his solution. His primary target is those in the “Shasha” market located in the Ondo state of Western Nigeria.
“This market is one of the biggest markets for tomatoes in the Southwestern region of the country. Daniel believes that if he is successful, the world will be better off because “PeriPES will reduce the carbon footprint being released into the atmosphere every day. It will reduce post-harvest loss by over 50 percent, and reduce the scarcity of tomatoes, which usually leads to the inflation of the tomato prices.”
He believes that PeriPES will ensure the availability of tomatoes all year round, and will subsequently increase the GDP of the Nigerian economy.
Recently, Daniel emerged as the grand prize winner of the 2023 Savvy Prize for Impact-Driven Entrepreneurs. When asked how the Savvy Prize will help his project become successful, he said, “With our passion and resilience, we will replicate our solution to 8 other Nigerian states that are major producers of tomatoes.
“We will ensure that PeriPES will reach other crop farmers that are vegetable and fruit farming, such as pepper, onion, okra, carrot, cucumber, and cabbage. In the long run, we will save the agricultural sector of the Nigerian economy by reducing the waste coming out by over 50 percent.”
Daniel and his team will also focus on increasing their visibility by 45 to 80 percent, for more productivity and profitability. After receiving the Savvy Prize, he is looking for more investment opportunities in order to expand.
Daniel’s vision is a Nigeria where “the prize of tomatoes is normalized, and when PeriPES reaches the hands of over 75 percent of tomato farmers in the country.” He envisioned a country where tomatoes are available all year round without abnormal increase in prices, and when the tomato market becomes well saturated.”
Daniel’s team is made up of Robinson Osas, Ogunlade Busayo, and Omoniyi Joshua. Osas is an agriculturist with a specialization in crop, soil, and pest management.
Busayo is a bio-medical scientist with experience in crop health services and waste management, while Joshua is an Architect with experience in social media management. Daniel believes his team is the right fit to solve this problem because they’re innovative and creative individuals with experience and knowledge in preservation, storage, and food handling.
Lagos State Governor, Babajide Sanwo-Olu has clinched the prestigious SABRE Awards Diamond category for the year 2023 for use of public relations to tell the story of his administration’s achievements and rallying the citizens of the State around his reelection beating notable industry heavy weights to emerge winner in the category.
He is also the first Nigerian Governor to have won the highly coveted award in this category. The Sabre Awards is the world’s largest PR awards programme dedicated to benchmarking the best PR works across the globe. It recognizes works and campaigns in public relations across United States, Europe, the Middle East, and Africa.
The category won by the Lagos State Governor is the second highest award category and is for corporate or political CEOs who have elevated the role of public relations within their organisation by using the practice to effectively communicate with stakeholders and building their organisation’s reputation currency.
The Lagos State Governor, Babajide Olusola Sanwo-Olu was subsequently adjudged ‘CEO of the Year’ in the Diamond Category, for his diligent usage of public relations by a team of respected International Jurors drawn from International public relations consultancies and multinationals from different countries of the world.
The award presentation which took place as part of the 2023 African Public Relations Conference in Lusaka, Zambia was done by respected Public Relations thought leader and organizer of the SABRE Awards, Paul Holmes.
The award was received on behalf of the Governor by an Associate Consultant from Chain Reactions Africa, Damilola Olujide who described the award as “a dose of motivational medicine for the Chain Reactions team to do more to ensure Governor Babajide Sanwo-Olu succeeds in engaging even better with citizens during his second term.”
Commenting on the SABRE Awards recognition, the MD/Chief Strategist of Chain Reactions Africa, Israel Jaiye Opayemi dedicated the award to the Governor and his communications team. “For us, their continued open-mindedness to creative and strategic positions and advisories has become the catalyst for the brave works we do.
“Without the receptivity of the Governor to brilliant creative ideas and the collaboration of his communications team to follow through on campaign idea, this global recognition could not have come.
“The highly thematic Greater Lagos Rising campaign could not have been successful without the embrace and involvement of the brilliant team of professionals who constitute his communications team. To the governor and his team belongs the honour of this award. We dedicate this win to Governor Babajide Sanwo-Olu.”
Chain Reactions also scooped two Certificates of Excellence in the Corporate Image category for the ‘Momentum Campaign’ for Cellulant, a flagship payment solution provider; and ‘Marketing to Consumers’ category for ‘The #NaijaHighlandah Campaign’ for William Lawson’s, Scotch Whiskey brand.
Chain Reactions Africa has over the years won the prestigious SABRE awards and has been awarded more than 15 Certificates of Excellence and last year bagged five certificates and one Silver Award in the Health Care Category for its outstanding work with Alpha Mead Health Services in the Modular Health Facility (MHF) On Wheels campaign.
According to a statement on its website, the Central Bank of Nigeria (CBN) has revoked the operational licenses of 179 microfinance institutions, three financing businesses, and four main mortgage banks.
The Central Bank of Nigeria (CBN) announced in an official gazette that the principal mortgage banks, financing companies, and microfinance institutions listed in Schedules I, II, and III, respectively, no longer operate in Nigeria for the type of activity for which their licenses were granted for a period of six months.
According to the banking authorities, several MfBs, Mortgage, and Finance Companies did not fulfill or comply with the requirements attached to the issuance of their licenses.
It further stated that some of the impacted operators did not uphold the demands made of them by the Central Bank of Nigeria under the terms of Act No. 5 of the Banks and Other Financial Institutions Act (BOFIA) 2020, which governs financial institutions.
Godwin Emefiele said he cancelled the licenses of the impacted financial institutions in accordance with the authority granted to him by Section 12 of the BOFIA Act 2020.
Resort Savings & Loans, Safetrust Mortgage Bank, Adamawa Savings & Loans, and Kogi Savings & Loans are among of the mortgage banks that are impacted. Additionally, it revokes the authorizations of Treasures & Trust Limit, TFS Finance Limited, and HHL Invest & Trust Limited.
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The Federal Government (FG), in collaboration with the World Health Organization (WHO), has launched a three-pronged strategy to prepare for, detect, and respond to disease outbreaks.
Dr. Godwin Ntadom, Chief Consultant, Epidemiology at the Federal Ministry of Health, launched the program in Damaturu, Yobe State, revealing that the initiative, dubbed ‘Strengthening and Utilizing Response Groups for Emergencies (Surge),’ aims to improve readiness and coordination at all levels.
Yobe, a state still recovering from the Boko Haram assault, is facing both human and ecological disasters.
Despite warnings from the Nigerian Meteorological Agency (NIMET), 74 people were murdered and 30,000 hectares of farmland were submerged by floods in 2022, while 35,000 residents were relocated from their ancestral homes across the state.
Lawan Gana, the Commissioner for Health in Yobe State, commended the initiative, explaining that despite efforts, the state still has a shortage of competent human resources and restricted logistics.
The effort, which has been implemented across the country’s six geographical zones, is expected to build the capacity of public health employees to respond quickly and effectively to all situations.
216 Danish Holstein cows have been delivered to the Kaduna dairy farm of Arla Foods, the company that produces Dano Milk.
According to a statement, this will influence how dairy is used in Nigeria in the future.
The 216 Holstein-Friesian cows have arrived at the farm, according to Dr. Jimmy Johnmark, ArlaFarm Manager.
Johnmark observed that when compared to the regional breeds, the Holstein-Friesian breed had a significantly greater predicted yield per cow.
He revealed that the cows, which were obtained directly from Arla’s farmer proprietors, just arrived at the Mallam Aminu Kano Airport in Kano, Nigeria after traveling by plane from Europe.
The cows were then driven to the farm in unique trucks that were customized for their utmost comfort, it was written. Before the farm’s expected official commissioning later this month, the cows have arrived in Nigeria.
We are thrilled to inform you that Arla Farm is prepared to start milk production to support local dairy.
He noted that milk production on the farm was anticipated to begin in the third quarter of 2023 and added that the heifers had now adapted to the farm and were feeling at home there.
“Arla Farm, located in Kaduna State, is an advanced commercial dairy farm that was established by Arla Foods to serve as a model for productive and sustainable dairy farming in Nigeria,” the statement read.
One of Arla’s investments in Nigeria’s dairy industry and a move toward backward integration in Nigeria is the farm development project, which will get underway in 2021.
Mr. Snorri Sigurdsson, Senior Manager, Raw Milk Supply and Production, said that the 1,000 animals that could be housed at the ultra-modern Arla Farm, which had a land area of 400Ha, included 400 milking cows. It would have cutting-edge equipment for the best animal comfort and milk production.
According to him, Arla Farm was created as a model for effective and sustainable dairy farming in Nigeria.
The Maslow Billboard, the largest digital outdoor advertising screen in the world, has been revealed by an advertising firm at Lagos’ Murtala Muhammed Airport Terminal Two.
The Maslow Billboard, according to Alpha and Jam, is not only the biggest outdoor digital billboard in the world but also the first Truecorner LED screen in West, East, and Central Africa.
According to Samuel Ajiboye, the Chief Executive Officer of Alpha and Jam, The Maslow Billboard is also the biggest 3D digital billboard in Africa, outstripping even the renowned indoor display in Dubai, United Arab Emirates.
The jubilant Samuel said during the unveiling that “this is so because the world’s largest 3D digital billboard in Dubai, UAE, was installed indoors, making ours the largest outdoor screen in the world.”
The company said that The Maslow, with a display area of 800 square meters, would draw at least 800,000 people each day, including both walkers and drivers.
It further stated that the visibility covers both inbound and departing traffic from both domestic and foreign airports, with 36,000 vehicles passing by on average each day for a 35-minute dwell time.
It states that the billboard runs for 19 hours each day and offers a brand 24 seconds of display time.
The launch of the 3D digital billboard will improve advertising and marketing in the nation, Samuel continued to explain the idea behind the creative invention. On the continent, Alpha And Jam is revolutionizing how out-of-home advertising campaigns are carried out. We will continue to support immersive digital out-of-home marketing across Africa as part of our mission.
“The debut of The Maslow is proof of our dedication to innovation and giving our customers value. It can accept any format and provides a clear view from more than 800 meters away, making it the largest 3D billboard in Africa. Its stunning presence is ready to establish itself as a notable monument in Nigeria.
Oluwatosin Onalaja, BASL’s Head of Corporate Communications, emphasized the significance of brand visibility and distinction in gaining audience acceptance, patronage, and loyalty.
He emphasized the possibility The Maslow Billboard at the MMA2 Terminal gave to Nigerian corporate groups.
The Nigerian Exchange (NGX) continues to rise as banking stocks soar ahead of the Central Bank’s monetary policy committee’s announcement on key policy rates.
The purchasing activity in a few banking names propelled the stock market indices, increasing year-to-date gains to 2.67% as Nigeria’s headline inflation rate accelerates rapidly.
Indicators of market performance increased by +0.48%. To conclude at 52,621.19, the market index or All-Share Index rose by 252.06 basis points.
The overall amount traded climbed by 11.2% to 350.97 million units, priced at N5.17 billion, and exchanged in 5,946 deals, indicating an improvement in market activity. A total of 62.45 million units of UBA stock were exchanged today, while N1.58 billion worth of ZENITHBANK shares was the most actively traded.
Market mood was upbeat (2.2x), according to market breadth, as 33 tickers gained contrasted to 15 losers. STANBIC increased by 5.3%, FBNH increased by 7.5%, and ZENITHBANK increased by 2.1%.
The day’s biggest winners were TRANSCORP (+9.9%) and TRIPPLEG (+9.8%), while the biggest losers were CHELLARAM (–9.9%) and SUNUASSUR (–9.4%).
The Banking (+1.6%) and Consumer Goods (+0.4%) indexes registered increases, while the Industrial Goods, Insurance, and Oil & Gas indices were steady. Overall performance was mixed.
Globally, the value of the stock market increased by 137.25 billion dollars to close at 28,652.56 trillion, up from 28,515.31 trillion yesterday.
The Committee of E-Banking Industry Heads for Nigeria and the payment solutions provider Mastercard have joined forces to host the first Fraud and Cyber Security Forum in Lagos, Nigeria.
This information was provided in a statement released by Mastercard on Monday.
The forum, according to the statement, was intended to provide clients with the most recent information and solutions to protect their companies against cyber threats and was in line with the company’s goal of establishing a secure and smooth payments environment.
In 2020–2021, 91% of fraud attempts were successful, and the Anti-Corruption Agencies of Nigeria discovered that illegal financial crimes cost the country almost $18 billion yearly, according to the statement.
Ebehijie Momoh, Mastercard’s country manager and area business head for West Africa, commented on the event and said, “We are thrilled to host this innovative event on fraud and cyber security in Nigeria. One of the biggest dangers that organizations face today is cyber risk.
“With the growing use of digital services, fresh payment methods, and interconnected supply chains, it’s critical that organizations fully comprehend and manage this risk to safeguard both themselves and their clients,”He continued.
For an effective defense against cyberattacks, Celestina Appeal, the CeBIH chairman, urged for cooperation among the players in the payment ecosystem.
“Given the aggressiveness and relentless activities of cybercrime perpetrators who have become negatively innovative in the various ways and manners in which they deploy their schemes, the subject of cyber-attacks deserves the utmost attention that the industry can muster,” she said. We would like to urge coordinated action to stop ongoing cybersecurity threats.
The topic of discussion at the forum was common attack techniques employed by cybercriminals, as well as their motives and the assets they target. Insights into the regional cyber threat picture were gained by attendees, with a focus on the financial services industry, which has been one of the most often targeted sectors in recent years.
Additionally, they displayed the most recent fraud prevention strategies and tools, such as Mastercard’s strategic threat intelligence data, which made use of cutting-edge analytics to spot possible risks instantly.
Six days before the conclusion of his presidency, President Muhammadu Buhari commissioned the Second Niger Bridge in the South-East.
In a statement, Special Adviser to the President Femi Adesina said the President also commissioned seven legacy projects completed by the Federal Ministry of Works and Housing around the country.
The concept for the Second Niger Bridge was developed in 2005. There was an attempt in 2014 to start the project through Public Private Partnership (PPP), however it was unsuccessful. The Presidential Infrastructure Development Fund (PIDF) funded the construction in 2016.
The Loko-Oweto Bridge, which connects Benue to Nasarawa State, and the Ikom Bridge in Cross River State were also completed. The road project includes a completed part of the Kano-Kaduna Dual Carriage Expressway and three new Federal Secretariats.
“The first of the Federal Secretariats at Awka is located at Executive Business District Layout, Awka South Local Government Area, Anambra State and is situated on 5.106 Hectares of land.
“The project was first awarded on 9th December, 2011 but was practically completed and taken over by the Ministry of Works and Housing on 14th July, 2022,” the statement read.
“The Secretariat has a total of 498 Office Spaces, a Conference Hall, four Committee Rooms, an Exhibition Hall, a Banking Hall, a Post Office and befitting Reception. In addition, the Secretariat has lift facilities, well laid out parking spaces and drainage, staff canteen, fire hydrants and other vital facilities.
“The second, Federal Secretariat Gusau, Zamfara State is located at Unguwan Dan Lawan, off Sokoto By-Pass Road, Gusau, Zamfara State. The project is situated on 7.5 Hectares of land and was awarded also on the 9th but was practically completed and taken over by the Ministry on 30th November 2022.”
The Second Niger Bridge’s commissioning was enthusiastically praised, with some officials calling to it as the “Muhammadu Buhari Bridge.”
Bashir Ahmad, Special Assistant to the President on Digital Communications, tweeted on Tuesday, “The Second Niger Bridge is to officially be called/known as Buhari Second Niger Bridge.” President Muhammadu Buhari officially opened the Muhammadu Buhari Bridge today.”
Tolu Ogunlesi, the Special Assistant to the President on Digital/New Media, said that the decision to rename the bridge was made by the eastern region’s five governors.
“Following consultations, the Governors of the South-East have agreed that the Second Niger Bridge shall be named the Muhammadu Buhari Second Niger Bridge,” his tweet read.
Many Nigerians have taken to social media to express their disgust at Emdee Tiamiyu, a YouTuber, over his latest interview with BBC.
Tiamiyu had an interview with BBC, where he revealed that some Nigerians are not looking for new qualifications, but to start a new life abroad.
“People are looking for alternatives,” he stated. “They want to escape Nigeria.”
Tiamiyu, who’s known for offering advice on navigating immigration systems like the UK’s, said for most people, the only legal and broadly accessible route is through the education system.
“The student route is more like an answered prayer. It is a “big bracket that’s able to take a lot of people, the ordinary people,” he added.
Nigerians slam Emdee Tiamiyu
Displeased with the interview, Nigerians accused Tiamiyu of betrayal.
According to them, the YouTuber, whom they accused of painting a wrong narrative about Nigerians going abroad for study purposes, was only desperate to soothe the UK government’s narrative for personal gains.
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