By Abiodun Adetula There has been a growing debate on social media lately: “Would you rather earn $1,000 a month in the U.S. or ₦1.5 million a month in Nigeria?” It is interesting how this question splits opinions. Some focus on the earning power, others on the spending advantage. But in reality, both sides reveal how money, value, and lifestyle are deeply tied to context. At first glance, the answer seems simple. Based on exchange rates, both figures $1000 and ₦1.5 million are nearly equal… But life does not run on exchange rates. It runs on realities! The Nominal Value: Yes, ₦1.5 million…
Author: Elvis Eromosele
By Tolulope Obianwu In every high-growth company, Operations is the silent backbone. It is rarely celebrated but always felt; especially when it falters. Operations ensures that promises made to customers are reliably kept, that compliance frameworks hold, and that the business can scale without collapsing under its own weight. Yet the irony is that operations, precisely because of its demand for discipline and structure, is often the department where leaders are most tempted to micromanage. I recall an experience early in my leadership journey where a process designed to handle customer escalations had started to fail under the pressure of…
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a public alert on the circulation of a falsified antibiotic, BETACLOX (Ampicillin 250mg and Cloxacillin 250mg), found in Nigeria’s drug supply chain. According to NAFDAC, the counterfeit product carries fraudulent registration details and originated from an unverified source, posing serious public health risks. The drug was traced from Gambori Market in Maiduguri, Borno State, through a distributor in Kano, before being flagged by a retail outlet in Zaria, Kaduna State. Investigations revealed that the NAFDAC registration number (A4-4724) printed on the fake packaging actually belongs to another product,…
More than 100,000 officers of the Nigeria Police Force (NPF) are currently assigned to protect politicians and other very important persons (VIPs) rather than performing public security duties, according to a new report by the European Union Agency for Asylum (EUAA). The November 2025 report estimates the NPF’s total strength at about 371,800 officers serving a population of 236.7 million people, far below the UN’s recommended police-to-citizen ratio. It noted that diverting such a large number of personnel to VIP protection has worsened Nigeria’s community policing and crime prevention capacity. “The shortage in police manpower is compounded by the fact…
Warren Buffett, the 95-year-old billionaire investor and Chairman of Berkshire Hathaway, has announced he will step down as CEO at the end of 2025, marking the end of a six-decade era that defined modern investing. Buffett confirmed he will no longer write Berkshire’s annual shareholder letter but will continue to share Thanksgiving messages and expand his philanthropic giving, pledging to donate his remaining $149 billion stake in the company to charitable causes. His successor, Greg Abel, 63, currently vice chairman overseeing Berkshire’s non-insurance businesses, will officially assume the CEO role in January 2026. Abel was named Buffett’s heir apparent in…
The number of active electricity customers in Nigeria rose to 11.96 million in August 2025, up from 11.89 million in July, according to the latest data released by the Nigerian Electricity Regulatory Commission (NERC). In its July-August 2025 Metering Factsheet, published on its official social media handles, NERC noted that the figures cover all 11 electricity distribution companies (DisCos) nationwide. Of the total active customers, 6.58 million were metered, translating to a 55.01 per cent metering rate, slightly higher than 54.71 per cent in July. NERC said 70,888 customers were newly metered in August, compared to 76,783 in July, a reflection…
…Experience. Wisdom. Resources. All fill the portmanteau of three score. One month after Dr Ike Chioke’s birthday, tributes continue to pour in to celebrate a man whose life embodies service to society. Sixty, according to an unknown scholar, is where the wisdom of age meets the spirit of youth. This phrase recognises turning 60 as a milestone. No wonder it is viewed as an achievement, as well as a time of reflection, gratitude and renewed purpose. While public service sees 60 as time to rest, the new normal embraces it as a time to start afresh to fulfil unfilled dreams,…
Nigeria has taken a major step toward a sustainable energy future with the signing of a €21 million technical cooperation agreement with the Government of Germany to advance renewable energy and energy efficiency. The agreement, formalised through a Joint Declaration of Intent on Bilateral Energy Transition Dialogue and Cooperation, aims to accelerate Nigeria’s shift to clean energy, reduce carbon emissions, and strengthen its power infrastructure. Under the deal, Germany will provide €9 million for the ongoing Nigeria Energy Support Programme (NESP) and €12 million for the new Energy Transition Challenge Fund (ETCF). The combined funding, supported by the Green Line…
The Federal Government has approved three landmark policies designed to transform the Federal Civil Service, enhance productivity, and strengthen service delivery across ministries, departments, and agencies. The new policies, Rewards and Recognition, Incentive and Consequence Management, and Civil Service Mentoring, were approved by the Federal Executive Council (FEC) under the chairmanship of President Bola Ahmed Tinubu, signalling what officials describe as a new era of performance-driven governance. According to Mrs. Didi Esther Walson-Jack, Head of the Civil Service of the Federation (HCSF), the approval marks a decisive step toward a modern, accountable, and citizen-focused bureaucracy aligned with the Federal Civil Service…
Dr Ike Neliaku, fnipr, President, Chairman of Council of the Nigerian Institute of Public Relations (NIPR), has charged the Lagos Chapter of the Institute to uphold and strengthen its leadership role as the premier chapter of the Institute, describing it as the “beacon of professionalism” for the public relations industry in Nigeria. Dr Neliaku made this call on Thursday, November 6, 2025, during an official visit to the Lagos Chapter, where he addressed members, engaged with the leadership and delivered a stirring message on unity, legacy and professional accountability. The visit formed part of his itinerary to deepen engagement with…