News
Trade Imbalance: Dark Cloud Hangs over Nigeria, SA Relations

Like a wild wind, South African companies have completely overrun Nigeria leaving the country and its nationals at the outskirt of the economy seen as one of the largest and most financially rewarding on the African continent, Nigeria CommunicationsWeek can now reveal.
The reverse is the case in South Africa as Nigerians and their businesses suffer discrimination and exclusion.
South Africa’s invasion and resultant control of the economy was helped by Nigeria’s desperation for foreign investments and hasty opening up of the sectors before the right conditions are present.
Nigeria CommunicationsWeek gathered that unlike South Africa, there is currently no restriction on foreign nationals or foreign entities doing business in Nigeria as they are only required to incorporate a local vehicle registered with Nigerian Investment Promotion Commission (NIPC) before commencing business.
But in South Africa, there have been reports of how South African authorities insist on stringent measures against Nigerian businesses.
For instance, Main One, a trans-Atlantic submarine fibre-optic cable network promoted by Main Street Technologies was reportedly denied landing on the ground that nationals of the former apartheid enclave do not have controlling shares in the company.
Seizing the opportunities presented by Nigeria’s lax environment, South African entrepreneurs who have built up capacities (technical, financials and other know-how) during the prolonged apartheid regime started heading to Nigeria in the mid 90s.
Unlike their home country with a little over 47-million people, the market in Nigeria with more than 150 million people is still largely untapped.
Nigeria CommunicationsWeek gathered today, from information and communications technologies (ICTs), shopping, tourism, construction, energy, aviation, entertainment to revenue collection, South African firms are in control.
In South Africa, apart from hundreds of Nigerian expatriates in that country’s schools, hospitals, manufacturing firms, there is no record of Nigerian businesses.
Even the ballot papers used in the 2007 general elections in Nigeria were printed in South Africa.
The bad news is that rather than enjoy the benefits of the influx of the foreign companies, Nigerian economy is under pressure as the foreign firms determine what to produce and at what price Nigerians must buy.
Most of the foreign businesses are also perversely established as portfolio investment in paper assets that could quickly flow back out of the country.
Patrick Omokhidion, a security adviser said, “the security and economy implication will be far reaching at the end of the day.”
He said further “if South Africans suddenly withdraw from the country, Nigeria will be worse than Somalia, recall what happened to Asian countries when some portfolio investors left overnight.”
Nigeria CommunicationsWeek gathered that the control of country’s economy by the South Africans started sore-footedly at the end of the obnoxious apartheid regime in 1994 and has over the last 11 years turned to an invasion.
Nigeria’s notoriety as haven for scams, worsening human rights records and one of the world’s most corrupt nations did not deter the aggressive South Africans. Not even the dearth of infrastructure.
The South Africans have been painstaking and deliberate in choosing the sectors they are dominating now. The sectors they play in are all essential.
Tola Awe, a public affairs commentator, said that South Africans are filling the voids left by Nigeria’s heartless and visionless administrators with fixation for accumulation of wealth for their children unborn.
But who will blame the South Africans who have kept faith with Nigeria as the Western world, shocked by the brazen pillage of Nigeria by its own citizens shunned the largest country on the African continent. Successive military rule and record of policy summersaults did not help matters.
Suddenly realizing that bilateral relations between the two countries are skewed in favour of the South African, Nigeria is now crying foul.
But as Nigeria cry, South African entrepreneurs smile to the banks here while there were little or no opportunities for Nigerians to do real business in the opposite direction.
Goodluck Jonathan, acting President was even more vocal November last year at celebrations to mark a decade of bilateral ties under the aegis of the Nigeria/South Africa Bi-National Commission (BNC).
“Some Nigerians have questioned the very rationale for the BNC if our relations and the benefits they confer are so skewed and if South African authorities are engaged in alleged acts of discrimination against Nigerian visitors, residents and businesses in South Africa,” he said.
Patiently waiting for Jonathan to finish, Bongi Maria Ntuli, South Africa’s deputy Trade and Industry minister said that Nigeria is her country’s second largest trading partner on the continent.
“As an open economy, we welcome new investment and collaborative partnerships in key areas of opportunity – all uniquely poised to deliver real competitive advantage,” Ntuli said.
BNC, founded a little over 10 years is still dogged by problems of handshake across the borders, visa restrictions and unnecessary bickering.
Since the launch of the BNC, trade between the two African economic giants has leapt from $16.5 million in 1999 to $2.1 billion in 2008.
Nigeria CommunicationsWeek investigations however revealed that the balance of trade is in favour of the South Africans.
Proffering solution, Emmanuel Ekuwem, president, Association of Telecommunications Companies of Nigeria (Atcon) urged the two countries go to the negotiation table and iron out the grey areas in their relationship.
He insisted that there must a symbiotic relationship between the two countries to ensure that Africa’s resources remains in Africa.
“Nigeria economy is the largest economy second to South Africa in the continent, the relationship between the two countries should be win-win, so as Nigeria opens up her borders economy to the South Africans, there must be reciprocity by South Africa,” Ekuwem added.
Most Nigerians agree that the country should get more from the South African businesses which have freely made record profits that are sent back home to subsidize the expensive life style of their promoters.
They are also united that in call for appropriate rules and customs to handle trade between countries or between private companies across borders.
News
Microsoft Revamps Copilot in Workplace AI Push

Microsoft has rolled out a new set of features for its Microsoft 365 Copilot platform, including tools for complex, multi-step work and deeper research tasks, as competition in workplace artificial intelligence (AI) intensifies.

The update introduces Copilot Cowork, a capability aimed at handling long-running tasks across Microsoft 365 applications.
The feature is being made available through the company’s Frontier programme, which typically gives early access to experimental tools.
Microsoft is also integrating technology linked to Claude – an AI model developed by Anthropic –into Copilot, signalling a broader shift toward using multiple AI systems within a single product rather than relying on a single model.
Jared Spataro, chief marketing officer for AI at Work at Microsoft, says the company is positioning Copilot as a system embedded directly into workplace software, rather than a standalone tool.
“Microsoft 365 Copilot is your AI for work,” he says, adding that it draws on multiple AI models and is integrated into existing workflows.
Alongside this, Microsoft has upgraded its Researcher feature, which is designed to analyse information from multiple sources and generate structured reports.
A new “Critique” function separates the drafting and review process between different AI models – one generates an initial response, while another evaluates and refines it.
The company says this approach improves output quality, with Researcher showing gains on its internal benchmark for accuracy, completeness and objectivity.
Another addition, called Model Council, allows users to compare outputs from different AI models side-by-side, highlighting differences in responses and reasoning.
The updates form part of what Microsoft calls “Wave 3” of Copilot, as it pushes to embed generative AI deeper into enterprise software. The move reflects a wider industry trend towards combining models from multiple providers, including OpenAI and Anthropic, to improve performance and reliability.
News
Dangote Refinery Debunks Speculations on IPO

Dangote Petroleum Refinery and Petrochemicals (DPRP) has debunked recent circulation of unauthorised information regarding a potential Initial Public Offering (IPO).

In a statement, DPRP noted that several online platforms and unofficial sources have published unverified, and in some instances inaccurate, information relating to a potential offering.
“Such reports do not originate from DPRP and should be treated with caution. All official updates regarding any potential transaction will be communicated strictly through DPRP’s formal public disclosures and announcements issued by its appointed advisers, in line with applicable laws and regulatory requirements.
“Accordingly, the public, investors, and all market participants are strongly advised to disregard speculative commentary and rely solely on verified information formally issued by DPRP or its authorised representatives,” the statement said.
The firm assured stakeholders that, when appropriate, comprehensive, and accurate details regarding any proposed transaction will be made available through official channels, including regulatory filings, authorised press releases, and coordinated communications by the Enterprise and its appointed advisers.
News
Descasio Launches “Give to Gain” Leadership Insights Report, Hosts Executive Brunch for Women in Leadership

In celebration of International Women’s Day, Descasio hosted an intimate executive brunch bringing together distinguished women leaders from its customer community for a thoughtful conversation on leadership, partnership, and shared growth.

Centered around the 2026 International Women’s Day theme, “Give to Gain,” the gathering created space for accomplished women in enterprise leadership to reflect on mentorship, collaboration, and investing in people as key drivers of sustainable growth.
Held in Lagos, the event convened leaders from organizations including Honeywell Group Limited, Finchglow Travels, NGCOM, and Eroton Exploration & Production Company.
Guests were personally welcomed at the start of the gathering by Mr. Dele Nedd, CEO of Descasio; who greeted each of the women leaders and expressed his appreciation for their presence before leaving the session to allow the women lead the conversation among themselves.
The gesture reflected Descasio’s leadership culture; one where women are not only recognized, but actively supported and empowered. It also underscored the company’s belief that meaningful progress in leadership requires partnership and allyship across the organization.
Rather than a traditional panel discussion, the brunch was designed as a candid and reflective exchange among peers navigating leadership in complex industries. Throughout the conversation, participants shared perspectives shaped by experience, responsibility, and the realities of leading teams and organizations.
A recurring theme in the discussion was the role of execution and accountability in leadership. For many organizations, strategy alone is not enough; consistent delivery is what ultimately builds credibility and trust.
Reflecting on this, Josephine Adebola, Data Compliance & Process Automation Manager at Finchglow Travels, emphasized the importance of reliability in leadership and the discipline required to translate vision into results. “Get it done on time and in full.”
The conversation also explored the role of curiosity and continuous learning in shaping effective leaders. In rapidly evolving industries, the ability to ask questions, remain open to new perspectives, and keep learning is often what enables leaders to grow alongside their organizations.
Sharing her perspective, Tomi Otudeko, Chief Operating Officer at Honeywell Group Limited, reflected on how curiosity has shaped her leadership journey.
“Asking questions and continuously learning have always stood me in good stead as a leader.”
She also spoke about the importance of leading with empathy and understanding the people behind the roles within organizations.
“Everyone has multiple dimensions to who they are. Leadership has taught me to see people in their totality. That awareness doesn’t make a leader weak; it makes them more effective.”
Another important theme that emerged from the conversation was authenticity in leadership. In an environment where leaders often face pressure to conform to traditional expectations, remaining true to one’s identity while continuing to evolve is essential.
For Helen James-Eziashi, General Manager at NGCOM, authenticity and curiosity remain key guiding principles. “Be yourself, keep learning, and stay curious.”
The discussion also highlighted the role of self-awareness in sustaining leadership journeys, particularly in complex and high-responsibility environments. Understanding one’s values, motivations, and support systems often becomes the anchor that allows leaders to navigate uncertainty with confidence.
Reflecting on this, Ifeanyi Onyejekwe, IT Manager at Eroton, emphasized the importance of knowing what grounds a leader.
“Know who you are and understand what supports and sustains your leadership journey.”
According to Descasio, the event reflects its broader commitment to building strong partnerships and fostering meaningful leadership conversations across its enterprise customer community.
“For us, this was about more than marking International Women’s Day,” said Umama David-Ogebe, The HR Manager at Descasio. “It was about creating a space where leaders could learn from one another and reflect on the kind of leadership that builds strong organizations. The most meaningful partnerships grow from conversations like these.”
To extend the impact of the discussion, Descasio has published “The Give to Gain Leadership Report: Insights from Women Leading Enterprise Organizations,” a curated publication capturing key reflections and leadership lessons shared during the session.
The report highlights themes including:
- The role of curiosity and continuous learning in leadership
• Building stronger teams through empathy and accountability
• The importance of authenticity and self-awareness in navigating leadership journeys
• How investing in people drives stronger partnerships and resilient organizations
The Give to Gain Leadership Report is now available for download Here.
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