WorldStage President advocates Executive Order to compel Nigerian firms to commit 80% of advert budget to local media - ITREALMS

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The President/CEO of WorldStage Limited (WorldStage), Mr. Segun Adeleye, has proposed a decisive strategic interrogation of Nigeria’s advertising landscape, reports ITREALMS.

He called on the Federal Government of Nigeria to issue an Executive Order compelling corporate organizations operating within the country to devote 80 percent of their advertising budget exclusively to local media.

Data-driven recovery: WorldStage projects 4.49% GDP growth in 2026 macroeconomic forecast - ITREALMS

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The 2026 Macroeconomic Outlook released by WorldStage Limited provides a comprehensive roadmap for Nigeria’s recovery, projecting a GDP growth rate of 4.49% and a significant cooling of inflation to 12.94% by 2026, reports ITREALMS.

Reviewing the document, Lagos State’s Commissioner for Information, Gbenga Omotoso, highlighted the publication's broad sectoral analysis covering telecommunications, banking, capital markets, and the creative economy.

WorldStage to unveil 2026 Nigeria Macroeconomic Outlook: Focus on 'Turning the Corner' - ITREALMS

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The 2026 edition of Nigeria’s Macroeconomic Outlook, produced by the research and technology-driven firm World Stage Limited, is scheduled for presentation this Thursday, March 26, at the LCCI-BOI Innovation Hub in Alausa, Ikeja, reports ITREALMS.

Under the evocative title “Turning the Corner,” the forum aims to provide a definitive roadmap for the fiscal year, drawing on partnerships with major institutions such as Zenith Bank, NLNG, the Central Bank of Nigeria, NNPC Limited, Linkage Assurance, and Fidelity Bank.

WorldStage Economic Summit 2025 set to address low productivity in Nigeria - ITREALMS

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World Stage Limited, a research and technology driven Africa focused firm has announced that preparations are in top gear for the WorldStage Economic Summit (WES) 2025 with the theme: Tackling the Issue of Low Productivity in Nigeria.

WES is conceived to address economic challenges through diagnoses and application of practicable solutions with public and private sector engagement in a research and innovation driven platform to inspire new thinking in business initiative, policy formulation cum implementation, economic reform and development.

NCC, SystemSpecs, New Horizons CEOs to address startups at WorldStage Summit 2023 - ITREALMS

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All is set for the WorldStage Economic Summit (WES) 2023  on Thursday, November 16, 2023 at the Event Centre, Nigerian Exchange Limited, 2/4 Customs Street, Lagos as top information technology experts confirmed participation to address a special breakout session of the summit tagged Startups on WorldStage  with the Theme: ‘The Game Changers.’

According to a statement by World Stage Limited, the organizers of the summit, the new Executive Vice Chairman of the Nigerian Communications Commission (NCC), Mr Aminu Maida as the Guest of Honour will present a key note address; Mr. Tim Akano, CEO, New Horizons Nigeria will present the theme paper The Game Changers; while Mr. John Tani Obaro, Group Managing Director (GMD), SystemSpecs Holdings, Nigeria will speak on ‘Startups journey from conception to launch’.

WorldStage Economic Summit 2023 to dialogue on electricity - ITREALMS

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As stakeholders in the Nigerian economy take stock of the recently signed Nigeria Electricity Act 2023 by President Bola Tinubu with the hope that it will address the multifarious challenges across the electric power sector, the WorldStage Economic Summit (WES) has resolved to host ‘National Dialogue on Electricity’ as its theme for this year.

The national dialogue which will review the whole value chain of the electricity business regarding the challenges and opportunities that the new law will inspire, will hold on Wednesday, August 30, 2023 at the Event Centre, Nigerian Exchange Limited, 2/4 Customs Street, Lagos by 10.00 AM.

WorldStage Economic Summit’19 prepares Nigeria for 4th revolution - ITREALMS

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The 2019 edition of the WorldStage Economic Summit (WES) is focusing on the theme ‘Getting Nigeria Ready for Challenges of 4th Industrial Revolution’ reports ITREALMS.

An annual global platform for addressing economic challenges through diagnoses and application of practicable solutions to inspire new thinking in business operation, economic reform and policy formulation/implementation, this year’s event will hold on Wednesday, November 13, 2019 by 10.00AM at the prestigious Event Centre, The Nigerian Stock Exchange, Lagos, Nigeria.

WES 2019 is hosted by the World Stage Limited to address the challenges of the fourth industrial revolution through the sub themes: Relevant laws and policies requirement for Fourth Industrial Revolution; Developing infrastructure, industries and Business Models for Fourth Industrial Revolution; and Urgent reviewing of education curriculum, Developing Skills and building capacity through massive investment in science, technology, engineering and mathematics (STEM) education.

According to Mr Segun Adeleye, President/CEO, World Stage Limited, WES 2019 will create opportunity for the policy makers and the private sector to identify their roles in the new scheme of things to position the country as a net producer of technology, rather than a dumping ground.

He said since the concept of the Fourth Industrial Revolution also known as Globalisation 4.0 was first introduced by the World Economic Forum at its Annual Meeting in 2016, the awareness on how businesses and nations can tap into the phenomenal has been spreading.

“The fear that Nigeria is about to miss out of the Fourth Industrial Revolution, the advent of “cyber-physical systems” involving entirely new capabilities for people and machines, may not be entirely unfounded going by the level of awareness across every sector of the economy,” he said.

“WorldStage Economic Summit 2019 will draw attention to the areas that require urgent attentions by relevant public and private bodies regarding adoption of fourth Industrial Revolution as a major player.

“For Nigeria to be at the driver sit of technology, WES 2019 will create opportunity for the policy makers and the private sector to identify their roles in the new scheme of things for the country to be positioned as a net producer of technology, rather than a dumping ground.”




Ayo Midele/Editor
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Defence Headquarter to collaborate with WorldStage

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The Directorate of Defence Information, Defence Headquarter (DHQ), has called for a collaboration effort with WorldStage Newsonline, Nigeria’s leading online news platform for the appropriate dissemination of information about the activities of the military across the country, reports ITRealms.

Speaking during a courtesy visit to the WorldStage office in Abuja, Brigadier General John Agim, Directorate, Defence Information noted that anyone who undermines the online media will do so at his own detriment.

“I want to assure you that you will have seamless information dissemination from Defence Headquarters, this is your Military, you should be proud of us,” he said, stressing that the Defence Information will continually provide information about the activities of the Nigerian Military across the country.

He observed that other developed countries that are battling insurgency have not been able to subdue it, but that Nigerian Military had subdued insurgency within a time frame.

Mr. Abiodun Folarin, Abuja Bureau Chief of WorldStage Newsonline, commended the Military for its role in securing the country, particularly on the fight against insurgency.

“We will continue to support the Nigerian Military to disseminate the right information to Nigerians. We have always supported the military in our own capacity and we are ready at all time to assist the Nigerian Military,” he assured.

 “If we continue with this relationship, your interest is also our interest, we will support the Nigerian Army,” he said.

On the emerging strategic role of online media around the world, Folarin said, “The online medium has a major role to play today in the battle on information space, and we are open to collaboration with the Nigerian Military.”

Uboshe Uboshe & Doris Minimah/GEE

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Pix: L-R:  Brigadier General John Agim, Directorate of Defence Information and Mr. Abiodun Folarin, Abuja Bureau Chief, WorldStage Newsonline during the Directorate of Defence Information courtesy visit to WorldStage office in Abuja on Tuesday, February 20, 2018.

Worldstage Economic Summit'17: Nigerians urged to imbibe innovation culture

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The President and CEO of Worldstage Group, Mr. Segun Adeleye, has urged Nigerians to imbibe the culture of innovation and collective economic development, reports ITRealms.

In his welcome address to the 2017  Worldstage Economic Summit, Adeleye who is the convener said in Lagos, both Nigerians and business owners alike within the country needed to imbibe the culture of innovation for economic development and transformation.

According to him, diversification into non-oil sectors may not be enough to sustain the nation’s economic development without adapting new ways of doing things.

“Nigeria is projected to be the third most populous country behind India and China by 2050, any diversification now without innovation by businesses and government may be tantamount to running on the same spot," he said.

Adeleye also explained that the theme ‘”Transforming Business and Economy Through Innovation’ was inspired through a new thinking, stressing that the reality today indicates an economy where the majority is disenfranchised and trapped in irrelevance. 

"Yet we are at a time in history of information explosion when nothing is hidden about where countries are and where they want to be in the future. 

"While we are still lamenting the lost opportunity to have developed with our oil wealth in the past, we can see the future unfolding before us, just as how the internal combustion engine is projected to die and the oil business, the mainstay of our economy is to become obsolete in the very near future."

He said, If we all know the shape the future is taking, we as a nation cannot afford to be stranded with costly obsolete technology or waste valuable time before changing direction, unless we want to remain the dump site of the future.” 

"With the calls for Nigeria to diversify its economy from oil after several missed opportunities in six decades, the new question begging for answer, is how fast and far can diversification solve economic problems in the short, medium and long terms?"

He advised that “We should not make the mistake to think that because the people in government are educated and well-travelled, they will be conversant with the shape of things to come and pursue the right policies in infrastructure development, education, smart grid, clean energy among others. Sometimes, we have to question our sensitivity, sanity and care for fellow human beings and our country.”

Adeleye noted that so much has been read about the support for SMEs or MSMEs by the government from the federal to the local government level, yet in reality they don’t exist. “I will pulse for you to sear your mind for few seconds; where are the so much talked about SMEs that are supposed to be creating millions of job? I personally believe that policies to support entrepreneurs should be such that anyone that have made an attempt at doing anything at all rather than roaming the street looking for unexciting jobs must get one form of support from the government or the established businesses in the private sector”.

Speaking further, he said "The private sector here is as culpable as the government. You know our big corporate businesses have insatiable appetite for foreign products and services and if they must patronize the small local ones at all, they will offer to pay ridiculous prices that they cannot get anywhere in the world. Beggars have no choice. It’s either they take it or die. With this corporate terrorism, it’s not surprising that we have hardly seen any small enterprise that survived and grow in our country like the inspiring cases of Apple, Microsoft, Google, Facebook, Tweeter and recently Uber in the United States.

He said: “We hold it as a duty in this forum and any similar ones to scream until those concerned will hear us. We don’t have any other choice anyway, because it’s about our wellbeing as a people, it’s about our survival, and it’s about the future of our children.”

According to him “WorldStage had made sure that the report of the last year summit with the theme: ‘Addressing Unemployment Crisis in Nigeria’ got to all the relevant government departments from the presidency, National Assembly to the state government. “Today’s summit will not be an exception. The lead paper will come from an expert in Entrepreneurship and Business Innovation Economics, Dr. Ayodele Shittu, of the University of Lagos. After that we shall have presentations on the sub-themes which will serve as guides to the thorough discussion of the main theme by the panelists.”

Adeleye also hinted that the summit this year will recognize outstanding contributions to economic growth during the current year through a “ WorldStage Economic Summit Awards” The awards will feature, Nigerian Development Best Bank of the Year, Nigerian Airport of the Year, Nigerian TV Station of the Year, Nigerian Public Institution of the Year amongst many others.

He said "The winners emerged from the compilation of the responses to our questionnaires by stakeholders adding that the Awards for only one outstanding institution or individual per sector of the economy will be presented after the panel discussion.

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