Coping with Nigeria's high-inflation economy by Elvis Eromosele - ITREALMS

Commentary@ITREALMS ... making leadership SENSE with digital news!

Economists say inflation is a persistent rise in prices. It happens when there's too much money chasing too few goods. Inflation in Nigeria today has become a huge challenge, affecting businesses, consumers, and the overall economy. As inflation rates soar above acceptable thresholds, companies are navigating uncharted waters to stay afloat.

Inflation is bad for everyone. It erodes the purchasing power of consumers, increases the cost of raw materials, and heightens operational expenses. For businesses, the ripple effect can be devastating including but not limited to reduced profit margins, lower consumer spending, and the constant pressure to balance affordability with profitability.

Telco’s tariff increase and NCC’s patriotism by Toby Prince - ITREALMS

Commentary@ITREALMS ... making leadership SENSE with digital news!

In the heart of Nigeria's digital economy, a story of patriotism and resilience unfolds. The telecommunications sector, a driving force behind the country's growth, has been facing unprecedented challenges. Despite its significant contributions to Nigeria's social and economic development, the sector has been struggling to keep up with the rising costs of operations.

For nearly a decade, telecom tariffs in Nigeria remained unchanged, while the demand for data and voice services skyrocketed. The cost of operations, however, surged due to rising energy costs, inflation, currency devaluation, and increased costs of importing telecom equipment. These mounting expenses threatened the very foundation of the sector, making it difficult for operators to maintain infrastructure and deliver high-quality services.

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

ITREALMS ... making leadership SENSE with digital news!

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.

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

ITREALMS ... making leadership SENSE with digital news!

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

Sponsored@ITREALMS ... making leadership SENSE with digital news!

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.

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

ITREALMS ... making leadership SENSE with digital news!

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.

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.

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

ITREALMS ... making leadership SENSE with digital news!

The Dangote Petroleum Refinery has advanced plans to buy some 12 million barrels of crude oil from the United States, reports 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

ITREALMS ... making leadership SENSE with digital news!

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.

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

ITREALMS ... making leadership SENSE with digital news!

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.

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

Sponsored@ITREALMS ... making leadership SENSE with digital news!

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.

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

ITREALMS ... making leadership SENSE with digital news!

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.

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

ITREALMS ... making leadership SENSE with digital news!

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.

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

Commentary@ITREALMS ... making leadership SENSE with digital news!

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.

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

ITREALMS ... making leadership SENSE with digital news!

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.

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

ITREALMS ... making leadership SENSE with digital news!

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.

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.