Business
Dangote inducts youth in technical skills acquisition as Ravindra says Merger of Dangote food subsidiaries will benefit stakeholders
Dangote inducts youth in technical skills acquisition as Ravindra says Merger of Dangote food subsidiaries will benefit stakeholders
As part of its commitment to Corporate Social Responsibility (CSR), the Dangote Cement Plc, Obajana Plant, Kogi State, has commenced the training of youth in technical skills under the tutelage of technical units of Dangote Cement Transport, Obajana. The participating youth were selected from the host communities of Oyo, Iwaa, Apata, and Obajana.
The Technical Skills Acquisition programme, according to the Plant Director, Dangote Cement Plant, Obajana, JV Gungune, is aimed at empowering the youth and developing entrepreneurial skills around its catchment areas.
Mr. Gungune told newsmen that the youths which also included female trainees, were mostly secondary school leavers.
Speaking at the inauguration of the scheme, General Manager, Community Affairs /Special Duties, Mr. Ademola Adeyemi, said the trainees are being paid monthly stipends while the training lasts. “When completed, the youth will add great value to their communities, Kogi State, and Nigeria,” Mr. Adeyemi said.
Reacting, Divisional Director Transport of the Dangote Cement Plc, Mr. Ajay Singh, said some of the areas of training include: auto mechanic, auto electrical, welding and panel beating/fabrication.
The Workshop Manager, Engineer Alfa Adamu, said the trainees were shared into different engineering sections based on their strengths and interest, adding that the trainees have so far spent three months.
In the same vein, the Chief Executive Officer of Dangote Sugar Refinery Plc,Ravindra Singhvi has assured stakeholders that the proposed merger between Dangote Sugar Refinery, NASCON Allied Industries, and Dangote Rice to form Dangote Foods Plc is expected to yield many benefits, solely for the growth of the business and high returns to all the key stakeholders.
Speaking last week on the Business Morning Programme of Channels Television, Ravindra said that the merger when completed will bring economies of scale to the business. He maintained that the merger would lead to cost reduction as the evolved company will gain with an increase in production. The cost, according to him, will now be spread over many goods.
According to him, Dangote Foods will have operational efficiencies, as there would be a reduction in the time needed to obtain raw materials, fuel, manpower, etc for production. Husk and biomass from Rice and Sugar Units will be useful to generate power for the running of the plants. Also, it is expected that the merger will result in improvement in the supply side of the food industry as many products will roll out of the one-stop food company. The Dangote Sugar Refinery helmsman opined that the merger will further advance the backward integration strategy of the Group as resources, machinery, and skilled manpower are to be harnessed to drive the process.
Dangote Foods Plc, he stated will have the potential for more geographical spread than the legacy companies as the products will be readily available in all the niche markets of the former and even more given the combined assets in terms of manpower, product range, transport, and warehouses.
The company will have a stronger business case for access to capital as the combined business will be bigger and more attractive to lenders, he added.
Speaking on the impact of deregulation of the foreign exchange market, he lamented that many manufacturing companies have sustained forex-linked losses in the period as they made provisions for the slump in the value of the Naira against the dollar. Manufacturers, he noted are making provisions monthly to take care of the fluctuations in the value of the Naira.
He said, ‘The headwinds are really there. So, we have to be careful in provisioning for changes in the value of the local currency. The floating of the Naira led to a massive fall in its value. This has affected our operations in the sugar industry.’
Business
ADVAN Wins Global Honour at WFA Awards for “Project Freedom” Initiative
ADVAN Earns Global Recognition As WFA President’s Award Winner For “Project Freedom”
The Advertisers Association of Nigeria (ADVAN) has been recognised on the global stage as a recipient of the prestigious WFA President’s Award, presented by the World Federation of Advertisers during its Global Marketer Week in Stockholm. The recognition places ADVAN among a select group of leading industry associations worldwide acknowledged for driving meaningful impact in marketing and society.
The WFA President’s Awards, established in 2010, celebrate national industry associations whose initiatives advance the marketer’s agenda and contribute to positive change. This year’s honours were awarded following a rigorous selection process involving 38 submissions from associations across the WFA’s global network, with winners chosen for their measurable impact and potential for replication across markets.
ADVAN’s recognition comes through its advocacy initiative, Project Freedom, a bold and strategic effort focused on addressing the challenges of stifling, non–data-driven regulations affecting businesses in Nigeria and across Africa. The initiative underscores the importance of evidence-based policymaking while championing the constitutional right to freedom of commerce.
Through Project Freedom, ADVAN has taken a proactive leadership role in engaging key stakeholders and shaping conversations around fair, balanced, and transparent regulation. The initiative reflects a shift toward constructive dialogue and collaboration, ensuring that regulatory frameworks support innovation, protect consumer interests, and enable sustainable business growth.
By earning this global recognition, ADVAN reinforces the growing influence of African marketing institutions in shaping international discourse. Its work highlights how local advocacy, when rooted in data and guided by clear principles, can deliver impact not just within national borders but across the global marketing ecosystem.
The award also affirms ADVAN’s commitment to strengthening self-regulation within the industry, fostering accountability, and promoting standards that align with global best practices while remaining relevant to local realities.
As the marketing landscape continues to evolve, ADVAN’s recognition by the World Federation of Advertisers signals a strong endorsement of its leadership and vision. It positions the association as a key voice in advancing responsible marketing, advocating for enabling policies, and ensuring that businesses can operate in an environment that supports both innovation and economic freedom.
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
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