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What You Do Not Know About The 156km Lagos—Ibadan Expressway

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The 156km Lagos—Ibadan standard gauge railway line is the first double-track standard gauge rail in West Africa, and the first Nigerian railway line to be started AND completed by the SAME administration, since 1960.

The ground-breaking ceremony for the project was performed by Vice President Yemi Osinbajo on March 7, 2017. Construction started right after, and test-running commenced in December 2020.

There are 21 large and medium sized bridges, with a total length of 6.08km, 12 frame bridges, 256 culverts, 25 overpasses and 10 Stations, in the project. The track-laying covers a total length of 380.03km.

The Ebute Metta Station, known as the Mobolaji Johnson Station, is the largest railway station in West Africa with a holding capacity of 6000 passengers.

President Buhari is committed to developing a modern national railway network that will connect every part of Nigeria, and promote trade, travel, tourism, commerce and national integration.

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The Art of Investment: The rise of African art (By Ngozi Akinyele)

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By Ngozi Akinyele, Chief Marketing and Communications Officer, Coronation Group (www.Coronation.ng)

 

A diversified portfolio is one of the key metrics of investment success. The greater this diversity, the more likely it will outperform the market, and the savviest investors are often looking for new opportunities: the rising stars among new asset classes. Investment in art is certainly not a new concept, but what makes it unique is that it often has low correlation with other major asset classes, meaning lower overall price volatility (https://apo-opa.co/3UpJknE). It’s the sure bet, sometimes with incredible escalating value, especially for those opting to invest in blue-chip artists (https://apo-opa.co/3Uq6YQQ) renowned artists whose work demands high prices in the art market).

However, not all of us can afford to invest in the works of Picasso, Van Gogh, or Warhol, with many blue-chip pieces only accessible as…

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From Tech Addiction to Surviving Conflict: Global Conference in Doha Explores the Challenges Facing Arab and Global Families

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Policies to protect families in countries affected by conflict, the global impact of population decline, and striking a balance between work and family life were placed in focus at the 30th Anniversary of the International Year of the Family Conference on Family and Contemporary Megatrends.

 

Organized by Qatar Foundation’s Doha International Family Institute (DIFI), in partnership with the Ministry of Social Development and Family, the Ministry of Foreign Affairs, and the United Nations Department of Economic and Social Affairs (UNDESA), the conference brought together more than 2,000 experts and policymakers from around the world to explore key trends affecting families, and policies and programs that strengthen the family’s place at the heart of society.

 

The conference was attended by eminent figures from across the Arab world including Her Excellency Shanaz Ibrahim Ahmed, First Lady of Iraq; Her Excellency Maya Morsi, Minister of Social Solidarity, Egypt; Her Excellency Dr. Amthal Hadi Hayef Al…

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Nigeria Secures N2.8 Billion Google Investment to Boost Digital Economy and AI Development

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Dr. ‘Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, announced a significant N2.8 billion commitment from Google, aimed at accelerating Nigeria’s digital economy through strategic initiatives outlined in the ministry’s Strategic Blueprint. The announcement was made alongside Google’s President of EMEA Business & Operations, Matt Brittin, as the tech giant pledged to support Nigeria’s technological transformation.

Dr. Tijani highlighted four major initiatives that Google’s investment will fuel:No alternative text description for this image

  1. DeepTech Ready Upskilling Programme: Designed to enhance advanced technical skills, this program aligns with Nigeria’s 3MTT initiative, aiming to equip 20,000 Nigerians with expertise in Data Science and Artificial Intelligence (AI).
  2. Experience AI Programme: Targeting young learners aged 11-14, this initiative, co-developed with the Raspberry Pi Foundation and Google DeepMind, seeks to introduce AI fundamentals across Nigerian schools. Through this program, Google will train 25,000…
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Sanâa Kiadi Reflects on Participation in IOM Workshop on Migration Data in Rabat, Morocco

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Sanâa Kiadi, a distinguished Global Strategist and International Executive, recently had the honor of representing the African Migration Observatory (AMO) at the Sub-Regional Workshop on Migration Data and Research, which took place on October 16th and 17th in Rabat, Morocco. This significant event was organized by the International Organization for Migration (IOM) in collaboration with the Government of Morocco, bringing together key stakeholders dedicated to advancing the understanding of migration dynamics in the region.

During her participation, Kiadi presented AMO’s mission, which is focused on enhancing migration data collection and analysis across Africa. Her presentation underscored the importance of establishing robust data systems that inform evidence-based migration policies. “Accurate and comprehensive migration data is essential for shaping policies that address…

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Rivers State Governor Sim Fubara Shuts Down NNPC and Oil Companies, Proclaims “No Allocation for Rivers State, No Oil for Nigeria”

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In a bold and unprecedented move, Rivers State Governor Sim Fubara has ordered the shutdown of the Nigerian National Petroleum Corporation (NNPC) and all oil companies operating in the state. His declaration, “No allocation for Rivers State, no oil for Nigeria,” reflects a deep frustration over what he perceives as the unfair distribution of oil revenues.

This decisive action has sent ripples through the nation, resulting in Nigeria’s global oil production ranking plummeting from 4th to 24th almost immediately. Governor Fubara’s stance not only puts the spotlight on the importance of Rivers State to Nigeria’s oil supply but also raises questions about the broader implications for the economy and energy sector.

In a heartfelt challenge to influential leaders, including Minister Nyesom…

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The business case for automating customer due diligence and FICA compliance

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By Sameer Kumandan, MD of SearchWorks

 

Automation has been labelled as a way to tighten up the corners, without cutting them. An apt description, it’s all about using technologies to up productivity, boost efficiency, reduce errors and save businesses a lot of time without having to make any sacrifices when it comes to quality or performance.

 

Customer Due Diligence (CDD) plays a critical role in mitigating financial crime risks by helping businesses establish that their customers are not involved in illegal activities and that they are who they say they are. In addition, CDD is essential to ensure compliance with South Africa’s Financial Intelligence Centre Act (FICA). And it’s not a one-time activity. Ongoing monitoring is vital to keep close tabs on how a customer’s circumstances and activities change over time. This is important, because risks evolve over time and because of the rise of what

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The Heart of Moppet Foods: How Loyal Customers Like Marian Are Building a Nigerian Brand Together

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When Roberta Edu launched Moppet Foods, a locally-produced baby food brand, she hoped parents across Nigeria would find value in a nutritious, homegrown option for their babies. But what she didn’t expect was the level of passion and loyalty she’d see from her customers—people who believe in her brand so deeply that they’ve become its unofficial guardians.

Recently, Edu shared a story about one of her most devoted customers, Marian, who lives in Akoka and buys Moppet baby food from the Justrite store in Bariga. Marian’s dedication goes far beyond simply picking up a carton of baby food; she’s become almost a part of the Moppet team. “The way she looks out for us—it’s something I can’t even describe,” Edu said.

Marian has taken it upon herself to monitor Moppet’s stock levels at the store, as if the brand were her own. Every time she’s at Justrite, she’ll check the shelves,…

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Umo Eno: Akwa Ibom Embarks on 18-Storey Ibom Towers Project in Lagos to Drive Economic Diversification

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Akwa Ibom State has launched a notable development initiative outside its borders, breaking ground on an 18-story building, the Ibom Towers, in Lagos. The project has stirred discussions around its location, with some questioning why the state would invest in infrastructure outside Akwa Ibom. Governor Umo Eno clarified the motivation behind the decision, describing it as a strategic move aimed at diversifying Akwa Ibom’s economy and establishing new revenue sources.

Speaking at the groundbreaking event, Governor Eno stated, “Today, as part of our efforts to diversify Akwa Ibom’s economy, we marked the groundbreaking of the 18-story Ibom Towers in Lagos. This project, expected to be completed in 24 months, will drive substantial revenue growth and economic ties between Akwa Ibom and Lagos States.”

The governor extended gratitude to Lagos State Governor Babajide Sanwo-Olu, who led the ceremony, as well as to former Akwa Ibom Governors Udom Emmanuel, CON, and Obong Victor…

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