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BRG Urges Multinationals to Emulate MTN in Board Composition

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l-r: Nneka Uzoukwu, trustee; Barrister Ogbonnaya Agbafo, Legal Adviser; and Mazi Omife I Omife President; all of Business Renaissance Group (BRG) during the Group's Special Media briefing held at Airport Hotel, ikeja recently
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Business Renaissance Group (BRG), a non-aligned, not for profit and non-government organisation, has underscored the need for adherence to the teneths of brotherhood and corporate inclusion.

 

Mazi Omife I. Omife, president, BRG, who stated this said that multinational corporations operating in Nigeria should emulate telecommunications firm MTN Nigeria by ensuring good representation of Nigerians on their Board of Directors.

 

At a special media briefing, Omife, noted that the nation’s recent corporate history is replete with some of the best-known and respected corporations that have operated within the shores of Nigeria for as long as 50 years yet membership of their Boards are skewed in favour of non-Nigerians.

 

He observed that most of these notable multinationals have only recently, under compulsion, deemed it expedient to enlarge their Boards of Directors to include Nigerians.

 

Omife commended the recent reconstitution of the Board of Directors of MTN Nigeria as a veritable example of how best to appreciate local human resource.

 

It applauded the appointment of the likes of Dr Ernest Ndukwe, Mrs Omobola Johnson and Mrs Ifueko Okauru to the Board of MTN Nigeria. These appointments, Omife observed, is coming on the heels of the immediate past board headed by the venerable Dr. Pascal Dozie with the likes of Gbenga Oyebode, a corporate czar and Tunde Folawiyo, an astute entrepreneur. All these he avowed are coming less than two decades of MTN operation in Nigeria.

 

The recent reconstitution of the Board of Directors of MTN Nigeria, according to Omife, is a veritable example of how best to appreciate local human resource.

 

It further demonstrates gender sensitivity in a most noble manner that is devoid of mere tokenism that stem from affirmative action.

 

This is because the two Nigerian women, Omobola Johnson and Ifueko Okauru, recently appointed to the MTN Nigeria Board, unarguably, rank among the brightest and most accomplished Nigerians.

 

Omife contended that the appointment affirms MTN’s belief in the capacity of Nigerians thereby engendering faith and trust in Nigeria and its citizens.

 

It also showcases Nigeria as a country blessed with abundant human capital and underscores the truism implicit in the patriotic refrain of brand Nigeria pay offline “Good People Great Nation”.

 

Omife ruled out any possibility of conflict of interest in the appointments of these eminent Nigerians. He insisted that the appointment of these distinguished Nigerians to the MTN Board, in no way, detracts from equity and fairness.

 

To him, “their appointment is indeed a masterstroke by a visionary multinational corporation to harness the best of available local talent to further the ends of its noble objectives, which, all things considered, will serve the best interest of Nigeria and Nigerians”.

 

He surmised that the appointment in no way ran foul of any known law, business ethics and corporate governance rules cum guidelines.

 

He therefore enjoined Nigerians to encourage the likes of MTN to be properly tooled; with outstanding Nigerians at the commanding heights of their policy-making cadres.

 

Omife reaffirmed BRG’s unequivocally support the creation of a level playing field and enabling operating environment for businesses to thrive and prosper.

 

He pledged to continue to campaign for fair play and global best practices especially as it pertains to businesses in Nigeria.

 

Restating his commendation of MTN Nigeria for injecting outstanding Nigerian talents to its Board of Directors, he implored other multinationals operating in Nigeria to follow this very good example of MTN.

 

 

 

 


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Oyedele Dismisses Claims Bank Accounts Without TIN Will Be Frozen

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Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has dismissed reports that bank accounts not linked to a Tax Identification Number (TIN) will be frozen or automatically debited from January 1, 2026.

Oyedele Dismisses Claims Bank Accounts Without TIN Will Be Frozen

Taiwo Oyedele

Oyedele described the claims as false and misleading, warning Nigerians against panic over misinformation surrounding recent tax and financial reforms.

In a post on his X handle Tuesday morning, he wrote: “Don’t let anyone manipulate you. Your bank account is safe. Misinformation makes you panic and fear a reform that is designed to help you.

“When they tell you that your account will be frozen or automatically debited from January 2026, ask them for the evidence in the new law. Be wise.”

He stressed that no provision in the new tax laws authorises the freezing of bank accounts, adding that the rumours are part of widespread misrepresentation of the reforms.

The committee chairman reiterated that the reforms are intended to simplify Nigeria’s tax system and ease the burden on ordinary citizens, not to impose punitive measures on bank customers.


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Amazon Blocks 1,800 North Koreans From Job Applications

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AMAZON
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US tech giant, Amazon has disclosed that it blocked more than 1,800 North Koreans from applying for jobs, amid growing concerns that Pyongyang is deploying large numbers of IT workers overseas to earn and launder funds.

Amazon Blocks 1,800 North Koreans From Job Applications

Amazon

In a LinkedIn post, Amazon’s Chief Security Officer, Stephen Schmidt, said North Korean nationals have been attempting to secure remote IT roles with companies around the world, particularly in the United States.

He noted that the company recorded nearly a one-third increase in such applications over the past year.

According to Schmidt, many of the applicants operate through so-called “laptop farms” — computers physically located in the US but remotely controlled from abroad.

He warned that the issue is not unique to Amazon and is likely occurring at scale across the tech industry.

He added that common red flags include incorrectly formatted phone numbers and questionable academic credentials.

The issue has previously drawn the attention of US authorities. In July, a woman in Arizona was sentenced to more than eight years in prison for running a laptop farm that helped North Korean IT workers obtain remote jobs at more than 300 US companies.

Officials said the scheme generated over $17 million in revenue for both the woman and North Korea.

Last year, South Korea’s intelligence agency also warned that North Korean operatives were using LinkedIn to pose as recruiters, approaching South Koreans working at defence companies in an attempt to steal sensitive technological information.

“North Korea is actively training cyber personnel and infiltrating key locations worldwide,” Hong Min, an analyst at the Korea Institute for National Unification, told AFP.

He added that, given Amazon’s business model, the motivation behind such operations is largely economic, with a high likelihood of attempts to steal financial assets.

North Korea’s cyber warfare programme dates back to at least the mid-1990s and has since expanded into a cyber unit of about 6,000 personnel known as Bureau 121, according to a 2020 US military report.

In November, Washington announced sanctions against eight individuals accused of being state-sponsored hackers, alleging their illicit activities were carried out to fund North Korea’s nuclear weapons programme.

The US Treasury has also accused North Korea-linked cybercriminals of stealing more than $3 billion over the past three years, primarily through cryptocurrency-related crimes.


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Treepz Launches Direct Flight Bookings to UK, Canada, UAE and 210 Global Destinations

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Treepz, Africa’s leading mobility and travel technology company, has officially launched direct flight bookings on its platform, enabling customers to search, compare and book flights to more than 210 destinations worldwide, including the United Kingdom, Canada and the United Arab Emirates.

The development marks a major milestone in Treepz’s transition from a mobility provider into a fully integrated travel platform. With the new service, travelers can now complete the entire booking process — from flight search to payment — directly on the Treepz website without relying on multiple agents or third-party platforms.

Speaking on the launch, Mr. Onyeka Akumah, Chief Executive Officer and Founder of Treepz, described the initiative as a defining moment for the company and for travel access across Africa.

He said launching flight bookings to serve customers with flights to over 200 destinations was a major achievement, noting that travelers could now search for flights, enter their details, make payments with their cards, and complete bookings instantly on the platform without delays or switching between multiple websites.

The launch comes at a critical time for the African travel market. December is widely regarded as the busiest travel season on the continent, driven by holiday vacations, family reunions, weddings, festivals and end-of-year celebrations.

Millions of Africans travel locally and internationally during this period, often facing challenges with slow booking systems, unclear pricing and fragmented services.

Treepz’s new flight booking system is designed to address these challenges by offering a faster, more intuitive and reliable experience.

Customers can now search and book flight tickets directly on the Treepz website, compare prices and travel options in real time, make payments using any card option, and complete bookings faster without switching platforms.

Treepz has outlined ambitious plans for 2026, including unlocking access to over six million hotels globally, which will allow travelers to book flights and accommodation together in one seamless flow.

The company also plans to expand its car rental services into Europe and South America, further strengthening its position as a one-stop travel ecosystem.

According to Akumah, these developments will significantly reduce planning time for both leisure and corporate travelers, while giving customers more control and convenience.

Treepz has already facilitated more than six million movements across multiple cities and countries, ranging from daily commutes and corporate transportation to group travel and event logistics. With active operations across Africa and recent expansion into Canada, the company continues to grow its international footprint.

The addition of flight bookings strengthens Treepz’s ability to serve global travelers while maintaining its reputation for reliability and customer-focused service.

By integrating flights, accommodation, ground transportation and experiences into one platform, Treepz is positioning itself as more than a mobility provider.

The company is evolving into a comprehensive travel solution designed for modern travelers who value speed, clarity and convenience.

Industry analysts say the move could redefine travel access across Africa, particularly during peak seasons when demand for efficient booking systems is highest.

With this launch, Treepz has taken a bold step toward building a unified, tech-driven travel ecosystem that connects Africa to the world.


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