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Philips Consulting CEO’s Report exposes real estate industry’s worst fears

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About 84 per cent of chief executive officers in Nigeria have agreed that the real estate industry in Nigeria is plagued due to the pandemic, especially, companies in the business of office rentals. This revelation is contained in the recently published CEO Report, a Philips Consulting initiative for 100 Nigerian business leaders.

The pcl. CEO Report further stated that 83percent and 55 percent of CEOs have adopted a ‘Work From Home Strategy’ and ‘Standby Model Strategy’ respectively, and are beginning to question the need for large office spaces.

“Only 46 per cent CEOs are considering retaining their current offices, while others will seek smaller and cheaper offices, shared offices, or adopt an entirely virtual working model,” added the Report.

 In commercial cities like Lagos where massive high-rise office complexes are commonplace, real estate players must be ready for a shift in demand. They might be forced to repurpose their buildings or provide new services to suit the new mode of work, the Report recommended.

The pcl. survey that recently engaged 100 Nigeria business leaders on the current economic landscape and presented the insights in its “CEO Report” said, “One word that best describes today’s business environment is “uncertain”. The ‘new normal’ occasioned by the effects of the Coronavirus pandemic is gradually fading away and being replaced by what is termed the ‘next normal’.

Amidst the frenzy of realigning strategies to better position businesses for recovery after the pandemic, the Philips Consulting’s CEO, Rob Taiwo mentioned that “We have been hit with the harsh reality that the Coronavirus might be here to stay. There is no going back to normal; instead, we have a next normal that is unpredictable.”

He said, the conversation to be had now is how to prepare for a future full of unknowns. 

Speaking on which industries benefit from the crisis, Taiwo, a transformational leader said, “Globally, the IT sector experienced a surge in the wake of the pandemic, as a result of the shift to remote working. This resulted in a heavy reliance (or dependence) on IT products for both personal and business purposes. 

Nigeria is no exception, he stated, “From our survey, 86 per cent of CEOs reported that the pandemic led to them improving the IT infrastructure of their organizations. Our respondents predict that Nigeria’s healthcare, agribusiness, and manufacturing industries stand to benefit from the next normal.”

“They expect the professional services industry to experience comparatively minimal disruption. This is primarily due to their vast array of services, relatively low operational expense, lean and agile business model, and legacy clients.”

On the levels of preparedness for the pandemic, the Report said, only 6 per cent of CEOs reported that their organizations were prepared for the pandemic. Hence, it comes as no surprise that 55 per cent of Nigerian businesses are currently operating below 50 per cent of their operating capacity.

The 6 per cent mentioned above stated a strong leadership team as the most critical factor of their preparedness. Other important factors include having a robust business continuity plan, government support, and a well-articulated business strategy.

On forging ahead into the next normal,  the CEOs Report revealed that 57 per cent of CEOs expect that the earliest possible time for the business environment in Nigeria to normalize will be August 2021.

CEOs are increasingly taking responsibility for their companies, and are not necessarily looking up to the government for solutions to the problems occasioned by the pandemic. As against the 79 per cent of CEOs that voted in the 2019 general elections, only 67 per cent of CEOs reported that the pandemic would make them more interested in the outcome of the 2023 election.

Taiwo said, “Results from our survey showed that the Nigerian government and business leaders should pay close attention to the post-COVID19 policies and strategies of the United Kingdom, China, and the United States of America as these will have the most profound impact on the Nigerian business environment.

“At pcl., we are committed to working with our clients and partners to build and develop people’s capabilities, technology systems and processes, effective and robust strategies, and business continuity plans. Let us work with you to future proof your business in the next normal.”

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Beauty Meets Glamour as Olaide Ogunyemi Opens New Studio in Mushin

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Beauty Meets Glamour as Olaide Ogunyemi Opens New Studio in Mushin

Beauty Meets Glamour as Olaide Ogunyemi Opens New Studio in Mushin

Popular Nollywood actress and professional makeup artiste, Olaide Ogunyemi Oluwayemisi aka Damilola, has expanded her footprint in the beauty industry with the grand opening of her new makeup studio in Lagos.

The talented thespian, who is also the Chief Executive Officer of @Dobc_makeovers_andmore, officially unveiled the ultra-modern beauty space last Thursday, April 2, 2026, in a colourful ceremony filled with glamour, fashion, and pageantry.

Strategically located at 101 Palm Avenue, right beside FitPlus and Sparklight Hospital in Mushin area of Lagos, the new studio is designed to offer top-notch beauty services, reflecting Ogunyemi’s commitment to excellence and professionalism in the ever-growing makeup industry.

The opening ceremony attracted friends, colleagues from the Nollywood industry, beauty enthusiasts, and well-wishers who came out in large numbers to celebrate the entrepreneur’s latest milestone. Guests were treated to a vibrant atmosphere that showcased creativity, style, and the evolving standards of the beauty business in Lagos.

Speaking at the event, Ogunyemi expressed her excitement and gratitude, noting that the new studio represents years of hard work, dedication, and passion for her craft. She reaffirmed her commitment to delivering premium beauty services while empowering aspiring makeup artistes.

The launch of the studio further cements her reputation as a dynamic force, successfully blending her career in Nollywood with a thriving beauty brand.

With this latest development, Olaide Damilola Ogunyemi continues to inspire many young entrepreneurs, proving that talent, consistency, and vision remain key drivers of success in Nigeria’s creative and business landscape.

Beauty Meets Glamour as Olaide Ogunyemi Opens New Studio in Mushin

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Daniel Eromosele Eulogize Adams Oshiomole as he turns 74 years

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Daniel Eromosele Eulogize Adams Oshiomole as he turns 74 years

Daniel Eromosele Eulogize Adams Oshiomole as he turns 74 years

 

Today, I celebrate an exceptional leader, a fearless voice for the people, and a man whose life has remained a symbol of courage, sacrifice, and unwavering commitment to justice—Distinguished Comrade Senator Adams Aliu Oshiomhole.

Your journey has been nothing short of inspiring. From your days as a vibrant labour leader to your impactful tenure as the Executive Governor of Edo State, and now as a respected Senator of the Federal Republic, you have consistently demonstrated what it means to serve with integrity, strength, and purpose. Your contributions to the growth of our nation and the development of Edo State remain indelible and deeply appreciated.

 

You have not only built structures and institutions but have also built people. I am personally a beneficiary of your leadership, your guidance, and your belief in empowering others. Your influence in my life has been profound, and I remain grateful for the opportunities and inspiration you have given me.

 

On this special day, I celebrate not just your achievements, but the man you are—resilient, principled, and ever committed to the progress of Nigeria and her people.

Daniel Eromosele Eulogize Adams Oshiomole as he turns 74 years

May this new year bring you renewed strength, greater wisdom, good health, and more remarkable accomplishments. May your legacy continue to shine brighter with each passing year.

 

Happy Birthday, sir. Wishing you many more fruitful and impactful years ahead.

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Accolades to Empress Genevieve Wining as she Celebrate birthday in Grand style

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Accolades to Empress Genevieve Wining as she Celebrate birthday in Grand style

Emmanuel Clement

 

Vilnius, Lithuania – The Grand Hotel Vilnius will host a grand birthday celebration in honor of Her Majesty The Empress Genevieve Wining of the United Kingdom of Atlantis (UKA) on April 4th, 2026.

 

 

The four-day event promises to be an extravagant affair, marking the special birthday of Empress Genevieve Wining. The celebration will take place at the prestigious Grand Hotel Vilnius, Lithuania, renowned for its luxurious ambiance and exceptional service.

 

Accolades to Empress Genevieve Wining as she Celebrate birthday in Grand style

 

According to the event flyer, the birthday celebration will be a spectacular occasion, fitting for an empress. Guests can expect an elegant setting adorned with golden accents, sparkling champagne, and festive decorations, creating a regal atmosphere befitting the occasion.

 

The Empress Genevieve Wining of UKA is expected to grace the event, which will include various festivities and celebrations in her honor. The occasion aims to bring together dignitaries, followers, and guests to commemorate the empress’s birthday with grandeur and joy.

 

For media inquiries, accreditation, or further information about the birthday celebration of The Empress Genevieve Wining of UKA, please contact the event organizers.

 

Courtesy of His Excellency Emperor Prof. Solomon Wining. UKA

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