" ITREALMS: January 2025

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Wednesday, January 29, 2025

NRMG Board: NIPR appoints Badejo-Okunsanya, Tumaka, Ajeh, Ginger-Eke, 14 others - ITREALMS

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The immediate past-President of the African Public Relations Association (APRA), Chief Yomi Badejo-Okunsanya is to chair the newly constituted 17-member Board of the Nigeria Reputation Management Group (NRMG) by the Nigerian Institute of Public Relations (NIPR)reports ITREALMS.
NRMG Board: NIPR appoints Badejo-Okunsanya, Tumaka, Ajeh, Ginger-Eke, 14 others - ITREALMS
Badejo-Okunsanya would be supported by Hajiya Lami Tumaka as the 1st Vice Chairman and Dr. Alice Ajeh as the 2nd Vice Chairman.

NCDMB ES, SPDC officials @Brightwaters Energy, applaud firm - ITREALMS

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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, in company of some senior officials of Shell Petroleum Development Company (SPDC) on Tuesday undertook a tour of facilities at Brightwaters Energy Limited, Port Harcourt, Rivers State, reports ITREALMS.
The tour to the company’s facilities at Choba, Port Harcourt, and Emohua in Emohua Local Government Area of Rivers State was a follow up to the NCDMB’s boss earlier visit to the company and some pipe coating facilities in May 2024. At that visit he pledged the Board’s support for local service companies, giving them opportunities in the oil and gas industry and creating jobs in the economy.

The Ekehs: Digital father and son shine @Thisday Awards 2025

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History was made on the evening of Monday, January 27, in Lagos at the colourful Thisday Awards ceremony when serial digital entrepreneur, Leo Stan Ekeh, shared the same podium with his son, Prince Nnamdi Ekeh, as winners in different categories of the much-coveted awards. The awards commemorated the 30th and 12th anniversaries of Thisday Newspapers and Arise News, respectively.
The Ekehs: Digital father and son shine @Thisday Awards 2025
While the father, who is the Chairman of Zinox Group, was honoured as CEO of the Year, his Oxford-trained son, Prince, the CEO of Konga Group, was decorated with the Young Global Leader Award for his transformative role in navigating Konga as a foremost composite e-commerce giant in Nigeria and Africa. It was historic, being the first time ever that a father and his son would be honoured on the same night in the nation’s Infotech ecosystem.

Peterside mourns with Sundiata Post boss, Max Amuchie, on father's death - ITREALMS

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The former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has condoled with the Chief Executive Officer (CEO), Sundiata Post Media Ltd, Dr Max Amuchie, on the death of his father, High Chief Emmanuel Ikonne Amuchie, reports ITREALMS.
Peterside mourns with Sundiata Post boss, Max Amuchie, on father's death - ITREALMS
In a condolence message, personally signed on Tuesday, Peterside, a former Member of the House of Representatives, described the late High Chief Amuchie as a man who believed in education and raising others, adding that the deceased was selfless in community service and loved God deeply.

Tuesday, January 28, 2025

Dangote buys 12m barrels of crude oil from United States for refinery operations - ITREALMS

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The Dangote Petroleum Refinery has advanced plans to buy some 12 million barrels of crude oil from the United States, reports ITREALMS.
Dangote buys 12m barrels of crude oil from United States for refinery operations - ITREALMS
The refinery resorted to crude importation as local supply challenges hindered the new $20bn refinery’s push to reach full refining capacity.

Free Nigeria: Naming barracks after fallen soldiers more befitting than sitting president - ITREALMS

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Naming barracks after fallen soldiers would be a far more befitting tribute to their sacrifices than after a sitting president, says the Convener, Free Nigeria Movement (FNM) Dr. Moses Paul, reports ITREALMS.
Free Nigeria: Naming barracks after fallen soldiers more befitting than sitting president - ITREALMS
Reacting to the trends of naming public infrastructure after President Bola Ahmed Tinubu, Dr. Paul noted that globally, public infrastructure is named after individuals who have completed their service and whose contributions have stood the test of time.

50% telecom tariff hike: Operators followed due process, says Adebayo – ITREALMS

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The Mobile Network Operators (MNOs) in the country have declared that they followed due process in achieving the 50 per cent telecoms tariff hike as approved by the Nigerian Communications Commission (NCC) reports ITREALMS.
50% telecom tariff hike: Operators followed due process, says Adebayo – ITREALMS
He also denied any atom of arbitrariness in the exercise which took over 12 years in coming since the last tariff upward adjustment was made in the sector.

iPower: Empowering Nigeria’s renewable energy future - ITREALMS

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For decades, Nigeria’s power sector has been on shaky ground — struggling with unreliable electricity supply, aging infrastructure, and an overdependence on fossil fuels. Grid collapse has become a recurrent experience, forcing households and businesses to rely on expensive and polluting generators. Amid these challenges, past and present governments always paint a hopeful picture of reforms and investments aimed at improving the grid. Yet, in a world rapidly shifting towards renewable energy, true progress will not come from patching up a failing system but from embracing a sustainable, green energy future. Indigenous brands like iPower are already leading the way, proving that Nigeria does not have to be left behind.
The global energy landscape is undergoing a transformation. In fact, with the Paris Agreement, more than 110 countries have committed to a net zero emissions target by 2050. Renewable energy has become the new frontier as nations race to reduce carbon emissions and combat climate change. Solar farms are stretching across the Sahara, wind turbines are rising along coastlines, and battery technology is advancing at an unprecedented pace. Countries like China, Japan, and the US, which once relied on coal and crude oil, are now investing heavily in clean energy solutions — not just for environmental reasons but because renewables are proving to be more economically viable in the long run.

Monday, January 27, 2025

Land disputes: Ndi Anambra should embrace ADR says Prof. Amucheazi - ITREALMS

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The Commissioner for Lands in Anambra State and a Senior Advocate of Nigeria (SAN), Professor Offornze D. Amucheazi has opined that Ndi Anambra should embrace Alternative Dispute Resolution (ADR) for intractable land disputes, reports ITREALMS.
By embracing ADR, he also said, it would bring about lasting peace, harmony in and between communities.

Sunday, January 26, 2025

Alleged property theft: Court orders arrest of Access Bank MD, Agbede, 3 others - ITREALMS

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A Lagos State High Court has ordered the arrest of Access Bank's Acting Managing Director, Bolaji Agbede, and three other defendants over alleged conspiracy, obtaining by false pretense, and fraud totaling to the tune of N1.356 billion as well as failing to show up in court, reports ITREALMS.
Alleged property theft: Court orders arrest of Access Bank MD, Agbede, 3 others - ITREALMS
Justice Ibironke Harrison gave the order recently, following a suit filed against Agbede, Balmoral International Limited, DDSS International Company Limited, and Adejare Adegbenro.

Trending wrongly: Renaming of military institutions, public infrastructure after PBAT by Dr Moses Paul - ITREALMS

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It is profoundly disappointing to witness the alarming trend of naming public institutions, infrastructure, and military facilities after a sitting president. This act runs counter to established principles of honor, service, and public morality. The recent decisions to name critical institutions after President Bola Ahmed Tinubu, including barracks, airports, and other facilities, reflect a troubling disregard for historical preservation, respect for our fallen heroes, and the collective legacy of the Nigerian people.
Trending wrongly: Renaming of military institutions, public infrastructure after PBAT by Dr Moses Paul - ITREALMS
The renaming of a military barracks in Asokoro after President Bola Ahmed Tinubu is particularly egregious. Military barracks are not mere structures; they are sanctuaries of sacrifice, discipline, and service to the nation. Naming such an institution after a sitting president, while Nigeria has countless soldiers who paid the ultimate price for our security, is a direct affront to their memory. It disregards the values of humility and honor associated with the armed forces and diminishes the legacy of those whose selfless acts secured our freedom.

'Blame SEPLAT, Sapele Okpe for any land war in Delta State' says Ugbekoko community - ITREALMS

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The leadership of Ugbekoko Community of Delta State has advised that SEPLAT and Sapele Okpe community will be blamed for any land war in that axis over new market, reports ITREALMS.
'Blame SEPLAT, Sapele Okpe for any land war in Delta State' says Ugbekoko community - ITREALMS
Arising at the weekend, the leaders of Ugbekoko said the defence being put up by the Chairman of Sapele Okpe Community, Chief Onoriode Temiagin that Ugbekoko land belongs to Sapele Okpe Community because of a market built there lacked merit.

RH-NHGSF, NIMC partner to boost school feeding scheme - ITREALMS

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The Renewed Hope National Home Grown School Feeding (RH-NHGSF and the National Identity Management Commission (NIMC) have entered a strategic alliance to boost the school feeding scheme, reports 
ITREALMS.
RH-NHGSF, NIMC partner to boost school feeding scheme - ITREALMS
NIMC Chief Executive Officer, Engr. Abisoye Coker-Odusote disclosed this in company of RH-NHGSF’s National Programme Manager, Princess Aderemi Adebowale, saying that the partnership is aimed at ensuring, every school child is registered and receives a National Identification Number (NIN), thereby boosting the effectiveness of the school feeding initiative.

Friday, January 24, 2025

A Tribute to My Sister, My "Little Mum" by Folu Olamiti - ITREALMS

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In recent weeks, I have been struck by the profound loss of two remarkable individuals. First, the passing of Justice Emmanuel Olayinka Ayoola, a retired Supreme Court Judge with whom I shared a deep, daily connection. And now, the heartbreaking departure of my closest elder sister, Christie Oluwakaikunmi Adebamiwa.
A Tribute to My Sister, My "Little Mum" by Folu Olamiti - ITREALMS
Writing this tribute to my cherished "egbon," whom I affectionately called my "mama kekere" – my little mum – has been one of the most challenging tasks for my spirit. Mrs. Christie Oluwakaikunmi Adebamiwa (née Olamiti) was far more than a sister; she was a cornerstone of love and sacrifice in my life.

ANLCA 2025 Election: 'I'll be your voice @Onne seaport chapter' declares Ikenga - ITREALMS

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Barely weeks to the election of Association of Nigerian Licensed Customs Agents ANLCA in February 2025, an ANLCA chieftain and the incumbent General Secretary at the chapter, Deacon Chinedu Ikenga has pledged to be the voice of ANLCA at Onne Seaport chapter when elected chairman, reports ITREALMS.
ANLCA 2025 Election: 'I'll be your voice @Onne seaport chapter' declares Ikenga  - ITREALMS
Disclosing this recently during the unveiling of his 7 Point Agenda in Port Harcourt, the Rivers state capital, Ikenga said "I firmly believe that every member of ANLCA in general and Onne Chapter in particular deserves a voice, and I am committed to be that voice for each and every one of you."

Thursday, January 23, 2025

30th anniversary: ThisDay alumni congratulates Obaigbena, ThisDay newspapers - ITREALMS

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The THISDAY Alumni Association (TAA) has joined in celebrating THISDAY Newspapers' remarkable milestone of 30 years of exceptional journalism, innovation, and impact, reports 
ITREALMS.
In a congratulatory message signed by the Association’s President, Dr Tony Onyima, the group hailed Prince Nduka Obaigbena, the Board, Management, and Staff of THISDAY for their visionary leadership and commitment to excellence, which have positioned the newspaper as a towering symbol of integrity and innovation in the media industry.

Surgery Appeal fund: Journalist Kolawale awaits intervention from Sanwo-Olu, banks, Dangote, NNPC, BUA, others - ITREALMS

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The fund raising exercise organised by some concerned citizens including media and corporate affairs practitioners to raise $35,000 (USD) about N57 million for Kolawole Kuforiji, a Nigerian journalist to undergo a Deep Brain Stimulation surgery in Turkey has reached the first milestone of over N1 million donation.
The total contribution so far coming from small donors with the smallest of N1,000 and the highest single donation of N200,000 is now N1,178,292.00, while the promoters are still waiting for the interventions of major foundations who have received letters requesting for assistance.

Its official: Samsung Galaxy S25 series debut, sets standard for AI phones - ITREALMS

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... As a true AI companion, pioneering multimodal era

Samsung Electronics Company Limited, has unveiled Galaxy S25 Ultra, Galaxy S25+ and Galaxy S25, setting a new standard as a true Artificial Intelligence (AI) companion with the most natural and context-aware mobile experiences ever created, reports 
ITREALMS.
Its official: Samsung Galaxy S25 series debut, sets standard for AI phones - ITREALMS
Introducing multimodal AI agents, the Galaxy S25 series is the first step in Samsung’s vision to change the way users interact with their phone – and with their world.

Wednesday, January 22, 2025

TD Africa unveils exclusive discounts on Microsoft licenses across Africa - ITREALMS

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TD Africa, the continent's leading technology distributor, is offering substantial discounts on essential Microsoft licenses as part of its commitment to driving business growth and fostering digital transformation across Africa.
TD Africa unveils exclusive discounts on Microsoft licenses across Africa - ITREALMS
This limited-time, juicy promotion allows businesses access significant savings on a range of Microsoft solutions such as 15% reduction on Microsoft 365 E3, 40 % price slash on Power Apps premium and Power Automate premium Per User Licenses and 30 % rebate on Office 365 E1 plus.

Amazonian Pharmakon and Botanist: For Comrade Benedicta Madunagu (1947-2024) - ITREALMS

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Contronym – a word that can mean exactly opposite things, e.g. pharmakon, poison and remedy in pharmacology and botany.
Amazonian Pharmakon and Botanist: For Comrade Benedicta Madunagu (1947-2024)
Bene, you were amazonian

A revolutionary, a warrior
A female revolutionary and warrior
But you were also pharmakon

FirstBank bountiful harvest of awards @2024 – Testament to excellence, stakeholder trust - ITREALMS

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In the gilded halls of excellence where dreams are crafted into legacies, stands a beacon that blazes across the African financial skyline. This is the story of FirstBank, the timeless oak of Nigeria’s banking heritage.
FirstBank bountiful harvest of awards @2024 – Testament to excellence, stakeholder trust - ITREALMS
In 2024, First Bank of Nigeria Limited stands not just as a financial institution but as an emblem of innovation, resilience, and purpose. Garnering 47 prestigious awards across diverse categories, the bank carved a niche for itself in the pantheons of the good and great companies.

Tuesday, January 21, 2025

TD Africa unveils exclusive discounts on Microsoft licenses for Africa - ITREALMS

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TD Africa, the continent's leading technology distributor, is offering substantial discounts on essential Microsoft licenses as part of its commitment to driving business growth and fostering digital transformation across Africa.
TD Africa unveils exclusive discounts on Microsoft licenses for Africa - ITREALMS
This limited-time, juicy promotion allows businesses access significant savings on a range of Microsoft solutions such as 15% reduction on Microsoft 365 E3, 40 % price slash on Power Apps premium and Power Automate premium Per User Licenses and 30 % rebate on Office 365 E1 plus.

Makinde: We'll continue to foster innovations, partnership for Oyo's development - ITREALMS

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Oyo State governor, 'Seyi Makinde, has said that his government will continue to come up with innovative ideas and build the right partnerships that will bring about desired development and propel the state into a great future.
Makinde: We'll continue to foster innovations, partnership for Oyo's development - ITREALMS
The governor stated this on Tuesday at the official launch of the first phase of telecommunications and digitalisation partnership between Globacom Limited and Oyo State Road Traffic Management Authority (OYRTMA), held at the Local Government Training School, Secretariat, Agodi, Ibadan.

50% tariff rise: Why NCC approved operators request - ITREALMS

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The Nigerian Communications Commission (NCC), has adduced some reasons on why it approved the 50 per cent is telecom services tariff in the country, reports ITREALMS.
50% tariff rise: Why NCC approved operators request - ITREALMS
NCC also said that the steps were in pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators.

Alumni urged to close ranks for sake of alma maters - ITREALMS

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Alumni of institutions in the country have been urged to close ranks so as to be a formidable team for the growth of the former institutions, known in Italo as ‘alma mater’ and society at large, reports ITREALMS.
Alumni urged to close ranks for sake of alma maters - ITREALMS
Giving this charge at the weekend during the 2025 ThanksGiving Get Together of Times Journalism Alumni Association (TJAA Class99) held at the Ladi Lawal House, Lagos Secretariat of the Nigeria Union of Journalist in Alausa Ikeja, the Governor-General of TJAA Class99, Ogbuefi Chinenyeze Remmy Nweke, commended members for their continued commitment towards positioning Times Journalism Alumni Association in the journalism industry.

Monday, January 20, 2025

Dangote Petroleum Refinery awards 473 scholarships, donates 804 furniture to Lekki suburb - ITREALMS

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It was excitement galore at the Idotun Community Junior High School, a suburb of Lekki, on Thursday when Dangote Petroleum Refinery & Petrochemicals, in partnership with Dangote Fertilisers Limited, awarded scholarships to 473 students from 10 secondary schools and 7 tertiary institutions, reports ITREALMS
Dangote Petroleum Refinery awards 473 scholarships, donates 804 furniture to Lekki suburb - ITREALMS
The company, additionally, donated eight hundred and four (804) tables and chairs to secondary schools in their host communities of Ibeju-Lekki.

Fallacies of Generative Artificial Intelligence by Remmy Nweke - ITREALMS

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The rise in misinformation could be attributed to courtesy of generative Artificial Intelligence and calls for concern, especially for those generating content in a hurry like journalists. REMMY NWEKE attempts to fact-check some information generated thereof and concluded that the fallacies of GenAI is worrisome.
Fallacies of Generative Artificial Intelligence - ITREALMS
Preamble:
Recently, I was on transit to the South Eastern part of Nigeria after about 7 hours 49 minutes on road, covering some 474 kilometers from Lagos, when the good news of a colleague’s political appointment was proclaimed and some associates tried to run over themselves in the spirit of ‘breaking news.’ Fortunately within a closed association we needed to issue a formal congratulatory message, of which I was able to generate despite my poor location network-wise; having searched the World Wide Web (www) for the promoted colleague’s profile to no avail.

Konga Jara offers joy to shoppers with 50% discounts - ITREALMS

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Konga's annual Jara campaign has sparked excitement among Nigerian shoppers, offering timely discounts of up to 50% across various product categories. The initiative, themed "Confam New Year Deals," has emerged as a vital lifeline for consumers navigating the financial challenges typical of January.
Konga Jara offers joy to shoppers with 50% discounts - ITREALMS
Market analysis shows a significant surge in essential household purchases, with electronics, home appliances, and FMCG items leading the sales charts. Data from the first two weeks of the campaign reveals that home appliances and electronics account for 45% of total sales. Groceries and FMCG follow closely at 30%, while fashion and lifestyle products make up 25% of purchases.

FirstBank clarifies, reassures on Gold Standard banking services - ITREALMS

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FirstBank Nigeria has clarified some misleading reports and reassured customers of gold standard banking services, reports 
ITREALMS.
A press statement from FirstBank noted that reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation.

As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for the courts, FirstBank will not be able to offer comments on issues which are pending for determination by the courts, as such issues are sub-judice.

However, we are constrained to issue the following clarifications to correct the sponsored but false narratives on the matter presented in some of the media publications.

There is a subsisting commercial transaction between FirstBank as lender, and GHL as borrower, where FirstBank extended several credit facilities to GHL for the development of some Oil Mining Lease assets.

These facilities are backed by very robust loan agreements executed by the parties in which the obligations of the parties are clearly defined and the security arrangement clearly spelt out.

While FirstBank has diligently performed its obligations under the loan agreements, at the root of the present dispute is FirstBank’s demand for good governance and transparency in the transaction, which GHL rejected.

Upon FirstBank’s realization of breaches on the part of GHL including diversion of proceeds, FirstBank requested that an independent operator mutually acceptable to both parties be appointed in line with the terms of the agreement, to operate the financed asset in a transparent manner that will bring greater visibility to the project, protect the interest of, and bring value to all stakeholders. Not only did GHL roundly reject this reasonable and fair request, rather GHL insisted that FirstBank avails it with more funding. GHL refused to execute the terms of offer stipulated by the Bank for the availment of additional funding but rather proceeded to commence needless Arbitral proceedings.

GHL issued a notice to initiate arbitration and has no substantive claim pending at the Federal High Court. GHL approached the Federal High Court solely to seek preservative orders pending arbitration. Some of the preservative orders sought by GHL were granted while others were denied.

FirstBank is the only party that filed a substantive claim against GHL at the Federal High Court and the subject matter of FirstBank 's claim is not identical with the dispute GHL submitted to arbitration because FirstBank's claim is in respect of subsequent credit facilities granted to GHL and the offer letters and finance documents pertaining to the subsequent transactions clearly state that the disputes arising from the subsequent facilities are to be resolved by a court of competent jurisdiction in Nigeria and not by arbitration.

Consequently, it is incorrect to assert that FirstBank abused the process of the court.

GHL off-took crude from the Floating Production Storage and Offloading (FPSO) vessel and diverted the proceeds. The Bank had no choice as a secured lender, under these circumstances of continued breaches, non-payment of due obligations and attempts to shield the Bank away from agreed security and repayment sources, than to approach the court for legal remedies, to preserve assets, recover the diverted proceeds, prevent reoccurrences and safeguard FirstBank’s interest. It is clear to us that the courts do not support or protect illegalities and breaches of contracts.

FirstBank has a long and very rich history of supporting and providing for the financial needs of its customers over its more than 130 years of unbroken existence. FirstBank remains committed to ensuring that it continues to support legitimate business aspirations of its teeming customers. At the same time, FirstBank is committed to the building of a strong credit culture where borrowers pay their debts when they borrow and will always take appropriate steps, within the ambit of the law, to resist attempts by borrowers to repudiate their repayment obligations.

We wish to assure FirstBank’s numerous customers, stakeholders and the general public that FirstBank remains solid, calm, steadfast and unflinching in its resolve to continue to provide first-class services to its teeming customers within and outside the country.

FirstBank also wishes to respectfully thank our shareholders for the indicatively oversubscribed Rights Issue of its parent Company, First Holdco Plc (“FirstHoldco”), in the first round of its capital raise and looks forward to an equally successful final leg of the recapitalization exercise when it is announced by FirstHoldco.

Tribute to late Hajara Mohammed by Haruna Mohammed Salisu - ITREALMS

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This week is the 13th week since I lost my beloved mother Hajara Mohammed. I have tried several times to write this tribute but failed. I found myself struggling—unable to muster the emotional stability to pen down my thoughts. I am never the same again after her death, and there isn’t one bit of her life I could share. She wasn’t just my mom – she was my hero, the basis of all that I stand for as a person and a journalist.
L-R: Late Hajara Mohammed, Haruna Mohammed, WikkiTimes publisher, and his father, Mohammed Salisu. Photo credit: Maryam Imam
The news of her passing reached me when I was in London for the ACOS Alliance Workshop, where more than 120 journalists and media organisations from across the globe had been meeting. It was great to be able to talk about the journey of WikkiTimes, and the challenges accountability journalists faced in Nigeria.

Pump price increase, don't blame us says Dangote - ITREALMS

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The management of Dangote Group has clarified that the recent adjustment in ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global crude oil prices, reports ITREALMS.
Pump price increase, don't blame us says Dangote - ITREALMS
A press statement from Dangote Group informed ITREALMS that as crude remains the primary input in the production of PMS, any fluctuation in its international price inevitably impacts the cost of the finished product.

"At Dangote Petroleum Refinery, we recognise the critical importance of affordable fuel for all Nigerians, and we remain committed to offering the best value with guaranteed quality to our customers. While we have made a 5% adjustment to our ex-depot price from N899.50 to N950 per litre, it is important to note that this increase is considerably lower than the 15% rise in global crude oil prices, which has seen Brent Crude rise from $70 to $82 in a matter of days, in addition to the premium for Nigerian crude (approximately $3 per barrel) in international markets. Furthermore, Dangote Refinery has maintained the Single-Point Mooring (SPM) ex-vessel price at N895 per litre.

"All our partners, including Ardova, Heyden, and MRS Holdings, will offer petrol to Nigerians at a retail price of N970 per litre nationwide. We have absorbed the increased logistics costs to guarantee uniform pricing across the 36 states of the federation and the Federal Capital Territory (FCT).

"Dangote Refinery has absorbed approximately 50% of the cost increases in the international oil market. This is due to our unwavering commitment to quality and affordability, as well as the ownership of the refinery by Nigerians, which remain central to our mission. If Dangote Refinery were to pass on the entire increase in the price of crude oil to the market, the retail price of PMS would be approximately N1,150 to N1,200 per litre in some locations, compared to the current price of N970 per litre.

"We are committed to providing reliable, top-quality petrol to the Nigerian people at competitive prices. In these challenging times, we continue to prioritise the best interests of Nigerians, striving to shield consumers from the full impact of global price volatility while adapting to evolving market conditions.

"We sincerely appreciate the continued trust and support of Nigerians as we strive to deliver the best value for their money and contribute to the development of a self-sufficient economy that is resilient to international price fluctuations.

"In the interest of transparency and good governance, Dangote Refinery will commence publishing its ex-depot price, ex-vessel price as well as pump price on a weekly basis so that consumers are not exploited.

"We would like to express our gratitude to President Bola Ahmed Tinubu for the introduction of the visionary Naira for Crude Initiative. This groundbreaking initiative has enabled consistent access to high-quality PMS for all Nigerians, while also insulating the Nigerian consumers from the volatility of the global oil market."

Chuks Egbune/Editor

Thursday, January 16, 2025

UN appoints 2025 IGF-MAG members, Inne, Olufuye make list - ITREALMS

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The United Nations (UN) Secretary-General, Mr. Antonia Guetress has approved the appointment of the 2025 members of the Internet Governance Forum (IGF) Multistakeholders Advisory Group (MAG), including Ms. Inné, Anne-Rachel of Niger, and Nigerian Dr. Jimson Olufuye, reports ITREALMS.
UN appoints 2025 IGF-MAG members, Inne, Olufuye make list - ITREALMS
This is coming as Ms. Roach, Carol, who is the Bahamas’ Under Secretary, Ministry of Economic Affairs as the second term chair, while Mr. Martinsen, Ole-Martin from the host country of Norway and Policy Director for Digitalization and Emerging Technologies, Ministry of Foreign Affairs as the co-chair.

ANLCA 2025 Chapter Election: Chairmanship aspirant Isikaku vows not to step down - ITREALMS

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The Chairmanship aspirant of Association of Nigerian Licensed Customs Agents (ANLCA), Onne seaport chapter in the 2025 election, Chief Ifeanyi Isikaku, (Onwa) has vowed not to step down for any candidate.
Disclosing this Tuesday in a pre manifesto unveiling in his office in Port Harcourt, Rivers state, Chief Isikaku emphasized the essence of experience and integrity as cardinal ingredients for successful leadership.

Journalist’s son, 'Hundred' plans music debut with 'Habibi Cover' - ITREALMS

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A new hip-hop single, titled "Habibi Cover" by Olawale Kayode-Adedeji whose stage name is 'Hundred' is set to hit the music landscape, reports ITREALMS.
Olawale is the 26-year-old son of journalist Prince Dimeji Kayode-Adedeji, founder of Penpushing Media.

USSD code debt: Zenith, Fidelity, UBA, Sterling, 5 others may be disconnected - ITREALMS

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A total of nine banks may be disconnected before end of this month due to unpaid debt arising from deployment of Unstructured Supplementary Service Data (USSD) Codes with Zenith, Fidelity, United Bank for Africa (UBA) and Sterling Bank leading the list, reports ITREALMS.
USSD code debt: Zenith, Fidelity, UBA, Sterling, 5 others may be disconnected - ITREALMS
Other financial institutions that may be affected include First City Monument Bank, Jaiz Bank Plc, Polaris Bank Limited, Unity Bank Plc, and Wema Bank Plc.

Wednesday, January 15, 2025

Soludo congratulates Mark Okoye as pioneer MD South-East Dev. Commission - ITREALMS

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The Governor of Anambra State, Professor Chukwuma Charles Soludo, has congratulated Mr. Mark Okoye on his confirmation by the Senate as the pioneer Managing Director of the South East Development Commission (SEDC) after a rigorous screening, reports ITREALMS.
Soludo congratulates Mark Okoye as pioneer MD South-East Dev. Commission - ITREALMS
In his goodwill message, Governor Soludo described Mr. Okoye's appointment, following his nomination by President Bola Ahmed Tinubu, GCFR, as an attestation to his exceptional leadership capabilities and dedication to public service, qualities he abundantly demonstrated while serving as the MD/CEO of the Anambra State Investment Promotion and Protection Agency (ANSIPPA) and previously as Commissioner for Budget and Economic Planning in the state. 

Gulf American University awards Max Amuchie with doctor honoris causa of science - ITREALMS

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The Gulf American University (GAU), Dubai, United Arab Emirates, has awarded the founding Chief Executive Officer (CEO), Sundiata Post Media Ltd, Dr. Max Amuchie, with Doctor Honoris Causa of Science, reports ITREALMS.
GAU awards Max Amuchie with doctor honoris causa of science - ITREALMS
A Doctor Honoris Causa or honorary doctorate, is a doctoral-level honorary degree that a school can give to an individual who has made significant impacts in a given society.

NIMC CEO, Coker-Odusote bags honourary doctorate @African University - ITREALMS

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The Chief Executive Officer (CEO) and Director-General (DG) of the National Identity Management Commission (NIMC), Mrs Abisoye Coker-Odusote was honoured with an honorary doctorate degree by the African University of Science and Technology (AUST) in Abuja, the federal capital territory (FCT), reports ITREALMS.
NIMC CEO, Coker-Odusote bags honourary doctorate @African University - ITREALMS
The event which took place on Tuesday. 

NCC approves mobile operators' disconnection of debtor banks over USSD - ITREALMS

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The reasons for the latest approval by the nation’s telecoms regulator, the Nigerian Communications Commission (NCC) to telecommunications companies, especially the Mobile Network Operators (MNOs) to disconnect some nine indebted financial institutions have emerged, reports ITREALMS.
NCC approves mobile operators' disconnection of debtor banks over USSD - ITREALMS
NCC had on Wednesday, January 15, 2025 issued a public notice of the approval to telcos to withdraw Unstructured Supplementary Service Data (USSD) Codes assigned by the Commission to financial institutions over unreconciled over N200 billion indebtedness.

Media Rights accuses FG over underfunding FoI - ITREALMS

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The Media Rights Agenda (MRA) has accused the Federal Government of Nigeria, of undermining the effectiveness of the Freedom of Information (FOI) Act by persistently under-funding its implementation, reports 
ITREALMS.
Media Rights accuses FG over underfunding FoI - ITREALMS
MRA also noted that only one percent of Federal public institutions have allocations in their 2025 budget proposals for FOI-implementation and related activities.

Tuesday, January 14, 2025

UNICEF says 2024, worst year for children in conflict zones - ITREALMS

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The United Nations agency for children, UNICEF, has lamented the rising attacks on children globally, describing 2024 as the worst year, especially for children living in conflict zones, reports ITREALMS.
UNICEF says 2024, worst year for children in conflict zones - ITREALMS
UNICEF, ITREALMS gathered, works to protect the rights of every child, especially the most disadvantaged and those hardest to reach in some 190 countries and territories where it has presence to help children survive, thrive and fulfil their potential.

Read Across appoints Gbadamosi Olanrewaju Ibrahim, Coordinator @Ogbomosho - ITREALMS

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The National Steering Committee of Read Across Nigeria (RAN), a registered entity with the Corporate Affairs Commission has announced the appointment of Gbadamosi Olanrewaju Ibrahim as the Coordinator of Ogbomosho Book Club, reports 
ITREALMS.
Read Across appoints Gbadamosi Olanrewaju Ibrahim, Coordinator @Ogbomosho - ITREALMS
This appointment, which stressed RAN's commitment to fostering a vibrant reading culture in Nigeria, is for an initial term of two years, renewable based on performance.

Monday, January 13, 2025

Committee unveils dates for late Prof Bene Madunagu burial - ITREALMS

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The funeral planning committee for the late Professor Bene Madunagu, a distinguished scholar, revolutionary activist, and feminist, has officially unveiled the details of her burial programme.
Committee unveils dates for late Prof Bene Madunagu burial - ITREALMS
Professor Madunagu, who passed away on November 26, 2024, will be laid to rest on Friday, January 17, 2025.

Igbo Assembly congratulates new Ohanaeze president-general, Senator Azuka Mbata - ITREALMS

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The Igbo World Assembly (IWA) heartily congratulates the newly elected President General of Ohanaeze Ndi Igbo, Chief Senator John Azuta Mbata and the newly elected National Executive Committee (NEC) officials, reports ITREALMS.
Igbo Assembly congratulates new Ohanaeze president-general, Senator Azuka Mbata - ITREALMS
A press release jointly signed by the IWA Chairman, Dr Nwachukwu Anakwenze, General Secretary, Chief Oliver Nwankwor and the Vice Chairman, Chief Christian Onuorah, made available to ITREALMS on Monday, IWA commended the outgoing Ohanaeze leadership of Nze Ozichukwu Chukwu and his NEC, for weathering the storm within the twenty-seven days to ensure the smooth democratic transition to the new executives.

Falana/Citadel vs Zinox: FIRS document shows Benjamin Joseph lied under oath by Tolu Aderemi-Cole - ITREALMS

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As the case between Citadel Oracle Concept Limited and Zinox Technologies returns to court, a document from the Federal Inland Revenue Service (FIRS) has put a lie to the claim under oath by Benjamin Joseph, CEO of Citadel, that he was not aware of the contract executed by his company at FIRS.
It will be recalled that Joseph, in his statement on oath in suit No: LD/4335/2014 in the High Court of Justice, Lagos State, dated 28th June, 2019, averred that his company, Citadel, did not execute any contract with FIRS and that he was not aware that a contract had been awarded to Citadel.

NEWSAN, USAID partner Lagos on LUWASH - ITREALMS

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The Society for Water and Sanitation (NEWSAN) in partnership with USAID has signed an agreement for the implementation of a one year Lagos Urban Water, Sanitation and Hygiene project (LUWASH), reports ITREALMS.
NEWSAN, USAID partner Lagos on LUWASH - ITREALMS
This was disclosed during a courtesy visit to the Chairman, Ajeromi-Ifelodun Local Government Areas for the buy-in and support of the team's project in the area. The team was led by the programme officer, NEWSAN LUWASH, Mr. Evans Enwefah.

GOCOP applauds Gov Okpebholo for appointing Edomaruse, SA, Int'l Development - ITREALMS

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The Guild of Corporate Online Publishers (GOCOP) has applauded Edo State governor, Mr. Monday Okpebholo for the appointment of Mr. Collins Edomaruse as his Special Adviser, International Development Partners (IDP), reports 
ITREALMS.
GOCOP applauds Gov Okpebholo for appointing Edomaruse, SA, Int'l Development - ITREALMS
President of GOCOP and Publisher of RealNews Online, Ms Maureen Chigbo described Edomaruse’s appointment as a welcomed development.

Sunday, January 12, 2025

For Comrade Bene Madunagu, for humanity by Chido Onumah - ITREALMS

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On Friday, January 17, 2025, the Left, comprising Marxists, socialists, feminists, progressive academics, and humanists, will converge on the ancient city of Calabar for the interment of Prof Benedicta ‘Bene’ Madunagu, who died on Tuesday, November 26, 2024. Prof. Bene Madunagu, known to different people as Comrade Bene, Mumsy B, Auntie Bene, among other endearing names, was the quintessence of the struggle for human progress.
For Comrade Bene Madunagu, for humanity by Chido Onumah - ITREALMS
In terms of my upbringing, apart from my mother, this exceptional feminist was the most consequential woman in my life. I had the great honour of meeting her in the late 1980s as a student at the University of Calabar. I had joined the Movement for Progressive Nigeria (MPN), a revolutionary students’ movement on campus, which she and Comrade Edwin Madunagu, her friend, Comrade, and spouse, had founded in 1977 to ground students politically and ideologically.

Friday, January 10, 2025

Senator John Azuta-Mbata emerges new Ohaneze President-General - ITREALMS

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Prominent Igbo socio-cultural organisation the Ohanaeze Ndigbo Worldwide, has elected Senator John Azuta-Mbata as uts 13th President-General, reports ITREALMS.
Senator John Azuta-Mbata emerges new Ohaneze President-General - ITREALMS
Information reaching ITREALMS news desk today, Friday, reliably informed that Azuta-Mbata emerged during the election of new executives in the coal city capital, Enugu, Enugu State, as the new leader, succeeding Fidelis Chukwu, whose tenure was interim.

Thursday, January 09, 2025

Three Scores and Many Trophies: Mele Kolo Kyari @60 by Nnanke Harry Willie - ITREALMS


As the golden rays of his 60th birthday dawned, Mele Kolo Kyari is standing tall on a constellation of stellar achievements. He hit the Biblical three scores on a bull’s eye with news of long dead, abiku refineries becoming ‘born again’.
Kyari’s story is a testament to the power of humble beginnings, relentless ambition, and a vision larger than life. Dubbed the “architect of modern Nigerian oil and gas,” Kyari has etched his name into history with achievements that not many in his shoes have been able to rival, transforming Nigeria’s oil and gas industry with an unrivaled blend of savvy, grit, and visionary leadership.

 

The Roots of Resilience

Born into modest circumstances in the dusty streets of Maiduguri, Borno State, Kyari’s story mirrors and encapsulates the true Nigerian spirit: an upbringing defined by resilience, a thirst for education, and an unyielding determination to chart a better course. A graduate of Geology from the University of Maiduguri, Kyari quickly proved himself as a rising star in Nigeria’s oil and gas sector, bringing a sturdy confidence and an unassuming brilliance to the table.

 

Climbing the Petroleum Pyramid

Kyari’s ascent in the petroleum industry was meteoric. Joining the Nigerian National Petroleum Corporation (NNPC) in 1991, he demonstrated an uncanny ability to navigate complex systems while fostering innovation and derring-do. His tenure as Group General Manager, Crude Oil Marketing Division, saw him spearhead Nigeria’s transparency initiatives in the global oil market, earning respect on both local and international fronts.

By 2019, his relentless dedication earned him the mantle of Group Chief Executive Officer (GCEO) of the rebranded NNPC Limited - a historic transformation he personally championed. It was a role that demanded not just technical acumen but also political dexterity, strategic foresight, and the ability to unite disparate interests under a common vision.


Staying Power in the Eye of the Storm

Few leaders have weathered the storms that Mele Kyari has faced. From navigating volatile global oil markets and surviving two presidencies to shepherding NNPC through an era of unprecedented reforms, Kyari has shown a resilience that defies conventional leadership paradigms. His staying power is rooted in a deep understanding of the sector, a commitment to accountability, and an unwavering focus on national interest. Clearly, here is a man whose Chi whispered ‘yea’ but he decided to bellow the ‘yea’ many decibels higher.


Breathing Life into Nigeria’s Refineries

Undoubtedly, Kyari’s crowning achievement has been the revival of Nigeria’s decade’s long moribund refineries. Under his leadership, long-stalled production activities at the Port Harcourt and Warri refineries have roared back to life… with the Kaduna Refinery beckoning. This audacious manouvre has put a lie on the long-held belief that the refineries would never come back to life. This move would surely engender energy security and ensure that Nigeria’s refining capacity could finally begin to meet domestic demand with much more for exports sooner rather than later.

 

Championing competition through Private Refining

Recognizing that public refineries alone cannot meet the nation’s needs, Kyari forged groundbreaking collaborations with private refineries. The crown jewel of this effort was the integration of the Dangote Refinery - a strategic partnership (This started with a direct investment in Dangote Refinery) that not only expanded Nigeria’s refining capabilities but also introduced healthy competition into a previously monopolized industry. 

Kyari’s forward-thinking approach has set the stage for a more dynamic and self-reliant energy sector.


A Legacy of Success

Recognising the shark-infested terrain of Nigeria’s oil and gas industry, Kyari’s leadership has phenomenal and is a study in transformational savvy. While some may wish to attribute some of NNPC’s challenges and failures to him, the discerning would rather give him his flowers for his ability to achieve results despite the tortuous and oppressive terrain.

 

From overseeing the commercialization of NNPC to fostering partnerships that would ultimately bring renewed investor confidence, he has consistently delivered results. His commitment to opening up NNPC Limited for more transparency, epitomized by Nigeria’s compliance with the Extractive Industries Transparency Initiative (EITI), has set a new benchmark for governance in the oil and gas sector.

The Road Ahead

As he celebrates his 60th birthday, Kyari must remain focused on the future. With plans to expand Nigeria’s gas infrastructure and deepen the shift towards a cleaner energy mix, his vision aligns seamlessly with global energy transition goals. His leadership in the Presidential Initiative on Compressed Natural Gas (Pi-CNG) reflects his commitment to reducing Nigeria’s carbon footprint while providing affordable energy alternatives for the populace.

 

Epilogue: The Man, the Vision, the Legacy

Mele Kyari’s journey is far from over. At 60, Kyari stands not just as a titan of Nigeria’s oil and gas industry but as a symbol of what is possible when ambition meets opportunity. His story is a clarion call to dreamers, a beacon of hope to reformers, and an enduring legacy for a nation poised on the brink of transformation. Indeed, Kyari has achieved three scores and many trophies…and the best, it seems, is yet to come.

Happy Birthday,  Mele Kolo Kyari!

Nnanke Harry Willie is a Brand Consultant, Publisher of BRANDECONOMY and a member of Guild of Corporate online Publishers (GOCOP)


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