Connect with us

Business

NUPRC’s Gbenga Komolafe Makes List of Continental Experts to Speak at Pan-African Parliament 2025 Session*

Published

on

*NUPRC’s Gbenga Komolafe Makes List of Continental Experts to Speak at Pan-African Parliament 2025 Session*

 

 

Gbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has been listed among leading continental experts invited to address the Sixth Ordinary Session of the Pan-African Parliament (PAP) in November 2025.

The invitation — extended to Komolafe in his capacity as both NUPRC Chief Executive and interim President of the Africa Forum for Petroleum Regulators and Frameworks (AFRIPERF) — marks a rare recognition of Nigeria’s leadership in upstream oil and gas reforms under the administration of President Bola Ahmed Tinubu.

The Bureau of the Pan-African Parliament, in a letter dated October 17, 2025, invited Komolafe to deliver a paper on ‘Legislative Frameworks for Sustainable Upstream Regulation in Africa’s Oil and Gas Sector’ during the upcoming session.

“This topic explores how robust legislative reforms can advance sustainability in Africa’s upstream oil and gas operations, inviting insights from your leadership at NUPRC and as Acting Chairman of AFRIPERF,” the letter reads.

According to the Bureau, the Parliament looks forward to Komolafe’s reflections on Nigeria’s Petroleum Industry Act (PIA) and how its model of transparency, community inclusion, and investment-friendly regulation can guide continental efforts toward a harmonised energy governance framework.

The invitation noted that insights from Nigeria’s recent petroleum reforms would help PAP develop model laws across member states to improve transparency, environmental standards, and revenue fairness in the extractive sector.

This is the second time in recent years that a Nigerian public official has been invited to address the PAP’s plenary session — a platform traditionally reserved for African thought leaders and reformers whose work has contributed to the continent’s development agenda.

Komolafe’s recognition, observers say, underscores how far-reaching the impact of the PIA and its subsequent implementation has become under Tinubu’s reform-driven administration.

Since assuming office as NUPRC’s Chief Executive, Komolafe has championed a new culture of transparency and performance in Nigeria’s upstream sector. His leadership has been credited with streamlining licensing procedures, enforcing environmental accountability, and restoring investor confidence in the industry.

Under his watch, Nigeria’s crude oil production has recovered to around 1.7 million barrels per day, while gas flaring has been reduced to 7.16 percent — one of the lowest levels in two decades.

The PIA’s fiscal clarity and community development provisions have also improved relations between oil companies and host communities, setting new standards for responsible resource management.

The Bureau of the Pan-African Parliament said Komolafe’s address would form part of the session’s broader agenda to support the African Union’s Agenda 2063 — particularly its goals of inclusive growth, environmental protection, and energy transition across the continent.

Analysts view the invitation as a milestone not just for Komolafe but for Nigeria’s global reputation as a reform-minded energy leader. They argue that the Tinubu administration’s ongoing efforts to institutionalise transparency and accountability in the oil and gas sector have repositioned the country as a credible voice in continental economic governance.

By being selected to address the plenary, Komolafe joins a distinguished circle of Africans whose work in regulatory innovation and sustainable development has shaped continental policymaking.

His participation is expected to strengthen collaboration among African energy regulators and advance the continent’s quest for a just and inclusive energy transition.

Business

ADVAN Wins Global Honour at WFA Awards for “Project Freedom” Initiative

Published

on

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.

 

ADVAN Wins Global Honour at WFA Awards for “Project Freedom” Initiative

Continue Reading

Business

PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status 

Published

on

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.

PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status 

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.

Continue Reading

Business

Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour

Published

on

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.

 

 

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.

Continue Reading

Cover Of The Week

Trending