General News
LCA Convenes Professionals @ ADR Conference
The Lagos Court of Arbitration (LCA), in collaboration with the Investment Climate Facility for Africa (ICF), Chevron Nigeria, Stanbic IBTC, White and Case, and Africa Finance Corporation (AFC) has assembled legal experts, entrepreneurs, investors and the government in a West Africa Regional Alternative Dispute Resolution (ADR) conference to reiterate the need to timely resolve commercial dispute through effective mediation and arbitration to promote economic growth.
In his welcome address at the conference, Lagos State Governor, Mr. Babatunde Fashola (SAN), represented by the Attorney General and Commissioner of Justice, Lagos State, Mr. Ade Ipaye urged the business community to embrace Alternative Dispute Resolution for quick resolution of contractual disputes.
According to him, the emergence of the LCA is due to non-avoidance of disputes in business dealings and the increasing need for an international arbitration and acceptable alternative dispute resolution center.
Presenting the Keynote Address, Mr. Arnold Ekpe, director, Sovereign Wealth Fund, stated one of the challenges of the Arbitration process in this part of the world as ‘Africans’ themselves. He said, “It is time for Africans to change their mindset by believing in arbitration process, thereby creating the right environment to build confidence in the minds of investors that the available process is reliable in the resolution of cases.”
Also speaking at the conference, Mrs Bimpe Nkontchou, director, Lagos Court of Arbitration and Partner, Addie & Co Solicitor, London, said, “It is known that Arbitrators of African origin are under-utilised in the regional and international arbitration circuit. Time has come for us to appoint skilled African arbitrators and use arbitration institutions on the continent.”
Nkonchou further added, “ADR is far more affordable than litigation. Arbitration is distinct from other alternative dispute resolution (ADR) mechanisms, which include mediation, conciliation and early neutral evacuation. Though arbitration occupies center stage in the global dispute resolution market, these other mechanisms are equally important and in some cases, equally effective and much less expensive than arbitration.”
Nankunda Katangaza, head of International Policy at the Law Society of England & Wales, who was recently named one of Britain’s most influential black people, said “I am delighted to be part of what I considered the most exciting and progressive institutional developments in Nigeria and Africa. The Law Society is pleased for the collaboration because of the positive effects the LCA will have in speedy resolution of disputes and improvement of business environments. The LCA presents opportunities for members of the Law Society to work closely with Nigerian counterparts in dispute resolution by joining the panel of neutrals.’’
Present at the conference were several distinguished local and international legal and business experts, including Federal High Court Justice, Justice Rita Ajumogobia; former Vice President, External Affairs, Tullow Oil Plc, London, Rosalind Kainyah; Commissioner, Market Competition and Rates, Nigerian Electricity Regulatory Commission (NERC), Eyo Ekpo; General Counsel, Chevron Nigeria, Eyitemi Ned Mojuetan; Registrar, Mauritius International Arbitration Court (MCIA), Duncan Bagshaw; amongst others, who all harped on the many advantages of Alternative Dispute Resolution over litigation.
The LCA West Africa Regional ADR Conference was proudly supported by The Law Society of England & Wales, Chartered Institute of Arbitrators, Chartered Institute of Arbitrators Nigeria, and the International Senior Lawyers Project (ISLP), and is the center’s way of further creating and maintaining awareness of ADR and reaching the primary end users, consisting members of the public, owners of small and medium scale businesses and executives of large corporate and multinationals.
In commemoration of Women’s Month, health-tech platform Myitura has released a new white paper addressing the critical gaps in healthcare financing for women in Nigeria.
Titled “Closing the Gap: Healthcare Financing for Women in Nigeria,” the report highlights how high out-of-pocket costs, limited insurance coverage, and socio-economic factors continue to prevent women from accessing timely healthcare.
According to the report, over 70% of healthcare expenses in Nigeria are paid out-of-pocket, disproportionately affecting women who often delay care due to financial and social constraints.
“When women can afford to take care of their health early, we don’t just save lives; we strengthen families, communities, and the economy,” said Chialuka Kelechi, MyItura’s Chief of Staff.
Key Insights from the White Paper:
- Preventable conditions often escalate due to delayed care
- Women are more likely to deprioritize their own health
- Affordable, structured healthcare financing can significantly improve outcomes
Introducing a Women’s Health Initiative
As part of its commitment, Myitura is launching affordable women-focused health packages (powered by Mediloan), starting at ₦58,180, designed to encourage preventive care and early detection.
The package provides access to:
- Fasting/Random Blood Sugar
- Urinalysis
- Electrolytes
- Urea
- Creatinine
- Pap Smear Submitted slides
- HIV I & II Rapid (Qualitative)
- Hepatitis B Surface Antigen Screening (Rapid)
- Hepatitis C Virus Screening (Rapid)
- Abdominopelvic Ultrasound
- Ongoing support via the Myitura platform
Access:
Women can access these packages by downloading the Myitura app, which makes healthcare more accessible and convenient.
Myitura is a health-tech platform focused on improving access to healthcare through financing, technology, and preventive care solutions.
General News
DBI Unveils Nigeria Digital Economy Outlook 2026: Q1 Report Highlights Strategic Trends, Risks
DigitalSENSE Business Intelligence (DBI), powered by ITREALMS Media, has launched the Nigeria Digital Economy Outlook 2026: Q1 Intelligence Report (Executive Edition), delivering vital insights for navigating Nigeria’s fast-paced digital landscape.
This executive summary spotlights trends, risks, and opportunities in telecommunications, fintech, digital infrastructure, policy shifts, and investment flows. It underscores digital transformation’s pivotal role in boosting economic growth, financial inclusion, and nationwide innovation.
DBI Publisher, Ogbuefi Remmy Nweke, emphasized its value for leaders: “This Executive Edition offers a sharp, strategic view of Nigeria’s digital economy during a pivotal moment. As the sector surges ahead, reliable intelligence is key to seizing opportunities and tackling risks.”
Key highlights include:
Broadband infrastructure expansion.
Surge in digital payments adoption.
Evolving regulations.
Investor pivot to sustainable, profitable ventures.
The report urges action on digital financial inclusion, infrastructure funding, skills training, and public sector digitization.
Freely accessible, the Executive Edition complements the premium Full Edition with in-depth analysis for executives and institutions. Stakeholders can request full access or briefings.
Media & Access Contacts:
Email: [email protected]
Website: www.itrealms.com.ng
The on-going construction works at the National Agency for Science and Engineering Infrastructure, NASENI’s Renewable Energy Industrial Park, Gora, Nasarawa State is gathering momentum as the project is envisioned to address the country’s energy needs.
NASENI’s Renewable Energy Industrial Park, Gora, Nasarawa State
The project occupying a 40-hectare park designed as a multi-energy hub will help curb capital flight and save foreign exchange expenditure by enabling local production of key renewable energy components such as solar panels, mounting racks, wind systems and biomass technologies.
Speaking during an inspection visit on the project site on Tuesday, March 31, 2026, Special Adviser to the Executive Vice Chairman on Renewable Energy, Engr. Suyud Abdullahi Muhammad, who also serves as the Gora Project Manager, disclosed that the initiative is designed to significantly reduce Nigeria’s dependence on imported renewable energy equipment.
“There will be a wind assembly plant, small hydro power equipment production, and solar panel manufacturing; Renewable energy goes beyond just solar, and this park reflects that broader vision,” he said.
Abdullahi noted that the project aligns with NASENI’s goal of reducing energy poverty in Nigeria, where over 80 million citizens remain off-grid, while many connected to the national grid continue to experience inadequate power supply.
The Special Adviser also emphasised on the project’s industrialisation potential, highlighting its role in job creation and value chain development. The park is expected to generate 2,000 direct jobs, with an additional 50,000 indirect employment opportunities across supporting industries when completed.
“This initiative will localise the renewable energy value chain. Instead of relying on imports, Nigeria will begin to produce and eventually export these technologies, starting with the West African market and scaling up to the rest of the continent,” he added.
On sustainability and long-term viability, he revealed that the project is being executed in collaboration with private sector players, academia and other stakeholders, in line with NASENI’s “3Cs” principle of Creation, Collaboration and Commercialisation.
The ongoing construction is being handled by about 35 contracting firms, each handling specific components at varying levels of execution such as Multipurpose Halls for industrial productions, Research and Development (R&D) Centre, Knowledge Park, Energy Centre, Workshops, Researchers Lodge, Studio Apartments, Clinic, Restaurant, Wellness Centre, Solar Farm, Drivers Lounge, Gate House, Internal roads and drainage system and Fencing.
The Gora Renewable Energy Industrial Energy Park is considered a key component of the Federal Government’s Renewed Hope Agenda, aimed at strengthening local manufacturing, enhancing energy security and positioning Nigeria as a renewable energy hub in Africa.
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