News
COVID-19 Palliatives: Atedo Peterside Urges Rich Nigerians to Copy Zinox Solution to Feed the Poor

Rich and influential Nigerians as well as state and local governments and Non-Governmental Organizations (NGO) have been urged to borrow a leaf from the strategy deployed by the Zinox Group and Konga to reach and deliver much-needed succour to poor and needy families across Nigeria as the lockdown occasioned by the COVID-19 pandemic bites harder.

This was the view of Atedo Peterside, founder, Stanbic Bank.
Peterside, who doubles as the Chairman, Anap Foundation COVID-19 Think-Tank, made this suggestion when he spoke as a guest on a televised interview on Africa Independent Television (AIT) on Wednesday.
The Rivers-born entrepreneur, who submitted that the country needed to improve some of the approaches it was deploying in fighting the pandemic, affirmed that there are three pillars in the COVID-19 fight: medical, governance and communication.
However, he disclosed that safety nets, deemed as one of the most important seven priority items identified by the Anap Foundation Think-Tank under medical, was an area that a lot more needed to be done.
‘‘Actually, the number of poor people in Nigeria is estimated at 80 million by NBS out of 180 million people.
“If you want the estimated 80 million poor Nigerians to remain in one place in view of the lockdown, you have to have a plan for them.
“I am not one to waste my time blaming government. If you do the numbers, we have an estimated 80 million classified and confirmed as being poor, add the next 20.
“I assume that the next 20 million can feed themselves because they are not poor.
“It then means that the richest 80 million can feed themselves and can probably also contribute or help to feed the bottom 80 million.
‘‘Even if one person in the top 80 million feeds at least one person in the bottom 80, we have solved the problem and that is without government intervention.
“A member of the Anap Foundation COVID-19 Think-Tank, Mr. Leo Stan Ekeh, owner of Zinox Group and Konga is going out to feed 7000 families every day for 14 days.
“This is to show you that the rich people can help the government solve the problem. So, we want more examples like Leo Stan Ekeh,’’ he counselled.
Continuing, the renowned investment banker said: ‘‘What we don’t want is rich people constantly being distracted. Instead of coming to join people like Leo Stan Ekeh to feed the poor, suddenly somebody dangles that there is some money at Central Bank, the same rich people will leave the task of feeding the poor, get distracted and begin to chase or apply for loans for the future.
“Can we just leave all that and focus first on the problem of the poor? Believe me, if we don’t solve that problem, the poor will infect the rich and we will all die.
‘‘The total number of poor people in Nigeria, using official NBS estimates, is 80 million.
“The 2.6m households being catered for by the Federal Government does not cover the 80 million people.
“So, if the Federal Government is trying to look after 2.6m households out of them, I am saying the richer Nigerians, state governments, LGAs, NGOs must now join to look after all of the 80 million poor people.
‘‘I am not saying Federal Government. Leo Stan Ekeh does not work for the Federal Government.
“President Buhari did not stop the rich people from trying to feed the poor. Let the rich people get up. Every state in this Federation has very rich people,’’ he declared.
Also toeing the line of thought espoused by Peterside, Dr.Mutairu Ademu, an economist, commended the strategy deployed by the Zinox Group in feeding the poor through its staff across the country; even as he noted that such gestures ought to be rewarded by the government.
‘‘It is a very ingenious strategy, one that is guaranteed to reach the poor and actual needy people.
“Well, I am not surprised because I have followed the innovativeness of this Group for nearly 20 years.
“This excellent strategy solves the problem of politics and tribe. This is because executing such initiatives through politicians will bring an unavoidable level of partisanship into it.
“Some politicians will use the palliatives to reward their loyal supporters and party stalwarts, thereby leaving people from other parties in the dust.
“In states where a particular political party is in charge, people from other parties will not be catered for; forgetting that those people from other political parties are also needy Nigerians and citizens of the state.
“So, this approach by the Zinox Group solves that. Also, with respect to the issue of tribe which will manifest in some people getting a larger share than others, the Zinox Group strategy of using staff to distribute the palliatives also resolves this.
‘‘This is why I urge other Nigerian corporate billionaires who preferred to rush to donate money to the government to consider borrowing a leaf from the approach of the Zinox Group and Konga which is guaranteed to reach the last mile.
“After all, there is no Nigerian worker that holds down full employment in two organizations at the same time.
“So, imagine other Nigerian billionaires and corporate organizations including the banks using their staff in various branches across Nigeria to feed the poor around them. We would have achieved so much in reaching the poorest of the poor.
‘‘All it costs the government in encouraging or rewarding this intervention would be some tax rebates or holidays which will not cost the government much.
“In fact, I suggest the government consult people like Leo Stan Ekeh more, especially on important public policy and economic-related issues.
“In fact, rather than being hostile to these entrepreneurs and frustrating them with double taxation, the government should rely on them more for necessary assistance; especially considering how they rallied round the government in supporting needy Nigerians in this emergency,’’ he said.
Meanwhile, the distribution of the palliatives by staff of the Zinox Group and Konga has kicked off, with beneficiaries already starting to receive the essential items being donated across the country.
This was confirmed by Gideon Ayogu, group head, Corporate Communications, Zinox Group.
According to him, ‘‘Distribution of the essential food items – which include medium bags of rice, tomato paste and cooking oil – has commenced.
“We were able to leverage on the delivery capabilities of Konga to get the items across to staff in various parts of the country.
“By the end of this week, we expect the overwhelming majority of the beneficiaries to have received their items.
“Also, evidence of these donations by our staff will be rigorously verified by the audit team created especially for this purpose in order to ensure that the intended beneficiaries actually benefit,’’ he revealed.
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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