Artificial intelligence (AI) is increasingly shaping business competitiveness, but cracks in its widespread adoption emerged in 2025 as many organisations reported failed pilot programmes and underwhelming outcomes. Despite the challenges, companies that successfully implemented AI recorded significant productivity gains, largely driven by a strong focus on human capital rather than technology alone. Heinrich Swanepoel, Head…
By Ayomide Otitoju Dangote Petroleum Refinery, Dangote Fertiliser Limited have donated school materials worth N241 million to 3,704 students in host communities in Ibeju-Lekki, Lagos, as part of ongoing efforts to support education and community development. The donation was unveiled during the sixth edition of the Dangote Scholarship Award Programme, where school bags, uniforms, sandals, and…
Nordea, the largest bank in the Nordics, announced on Tuesday plans to reduce its workforce by around 1,500 employees as part of a broader cost-cutting programme. The bank, which operates across Denmark, Finland, Norway, and Sweden, aims to achieve at least €600 million ($690 million) in savings by 2030. To implement the strategy, Nordea said…
By Ayomide Otitoju The First Lady of Nigeria, Oluremi Tinubu, has praised the resilience, courage, and contributions of women nationwide and globally in a message marking 2026 Mother’s Day. Describing mothers as “the silent architects of the nation’s future and the enduring heartbeat of every home,” Tinubu acknowledged both their visible sacrifices and the quiet,…
Chelsea Football Club has been fined £10.75 million ($14.27 million) and handed a suspended one-year transfer ban over historical breaches of Premier League regulations, the league announced on Monday. In addition, the London club has been issued an immediate nine-month academy transfer ban. The sanctions follow information provided to the Premier League by the consortium…
By Ayomide Otitoju Officers of the Nigeria Customs Service (NCS), Apapa Area Command, in collaboration with the National Drug Law Enforcement Agency (NDLEA), have intercepted two containers carrying a total of 3,398 cartons of Codeine-containing syrup, concealed in household utensils, at Apapa Port. The Command’s Public Relations Officer, Isah Sulaiman, disclosed that the seizures have…
By Ayomide Otitoju Anambra State Governor, Professor Charles Soludo, was officially sworn in for a second term on Tuesday at the newly renovated Alex Ekwueme Square in Awka, the state capital. He took the oath alongside his deputy, Dr. Onyeka Ibezim. The inauguration drew notable dignitaries, including Vice President Kashim Shettima, former Presidents Olusegun Obasanjo…
By Ayomide Otitoju Israel launched a new wave of airstrikes on Tehran and Beirut on Tuesday, while attacks in Baghdad drew Iraq further into the Middle East conflict that has already triggered global economic turmoil. The Iranian capital, which has faced near-daily bombardment since a joint US-Israeli strike on February 28, was targeted by Israeli…
By Ayomide Otitoju Union Chrétienne de Jeunes Gens Togo (YMCA Togo) in partnership with Boeing [NYSE: BA] has provided entrepreneurship training to 738 high school students in Togo through the Junior Achievement (JA) Company Program. The initiative encouraged participants to develop business ideas addressing sustainability challenges in their communities. The program included modules on problem…
