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emc3, Guardian, Five Others Launch Transparency Forum

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The Transparency Forum Initiative (TFI), a series of targeted roundtables is due for launch on Tuesday 17 November.

TFI consists of committee member firms working in Nigeria. These are emc3, The Guardian Newspaper Nigeria, Control Risks, africapractice, Olisa Agbakoba Legal, The Business Year Publication and The Financial Times Group.

Their goal is to “Identify, Introduce, Engage, Promote and Re-ignite Investments for Sustainable Partnerships”.

The initiative will focus on highlighting the importance of transparency in all aspects of the political and commercial economy, advocating for regulatory reforms around transparency and encouraging public-private collaboration on new approaches and actions required to embed transparency into the business landscape of Nigeria.

The objectives of the initiative are 4 fold including to enable dialogue –   To create a platform to enable dialogue between the private and public sectors with a view to identifying opportunities for collaborations centred on the aim of achieving transparency in key sectors of the economy and to build capacity –To educate stakeholders on how to develop and deliver transparency initiatives within their own organisations.

Others are to advocate for solutions – To advocate for changes in policies, laws and regulations that govern data transparency, regulatory reporting and transparency in decision making and to protect the national interest – To increase awareness on the role of transparency in economic development and attracting Foreign Direct Investment (FDI).

The initiative aims to redefine the term “Transparency” by paving a practical platform for the use of improved business training courses and tools i.e. open data, communication, credibility, visibility, data, reporting, corporate governance, ethics, compliance, tax and audit, best practice and  that are essential to succeeding in business as well as attracting investment. The medium to long term outcome is to develop private sector Transparency Baseline Index that reports credible data and information on Nigerian companies in all sectors.

The Government welcomes the move by the partners to set up the initiative as President Muhammadu Buhari of the Federal Republic of Nigeria recently stated that “Government business is being conducted with transparency and cynicism is waning as a result”.

Commenting on TFI, Mrs Uju Hassan Baba, executive secretary of the Nigerian Investment Promotion Commission, stated “A strong culture of transparency and corporate governance is imperative if Nigeria is to attract both foreign and local direct investment required to build sustainable economic development. It can be done- through policy, collaboration and determination. This is what the Transparency Forum is about and why we are a part of it. We stand ready to apply our technical expertise and know-how to this critical agenda. We call on the broader private sector community to join us, making transparency a centrepiece of the development drive of the nation.”

Baba-Jallah Epega, emc3 Spokesman for TFI further commented that “With acknowledgement from the Presidency on this private sector’s Transparency Initiative – membered by stalwarts like Dr. Olisa Agbakoba (SAN) – as we launch, gives an indication of the emphasis that needs to be placed on the subject matter. The prospect of increased transparency heralds an exciting prospect for the future of doing business in Nigeria”.
 

The Transparency Forum Initiative Members
The Transparency Forum Initiative is founded by the following firms;

emc3 is a leading events management and brand marketing firm that are specialists dedicated to building unique and memorable stories and experiences by producing events platforms that inspire, motivate and evolve.

The Guardian is a leading independent newspaper, established in 1983 for the purpose of presenting balanced coverage of events, and of promoting the best interests of Nigeria. It owes allegiance to no political party, ethnic community, religious or other interest group.

Its primary commitment is to the integrity and sovereignty of the Federation of Nigeria, and beyond that to the unity and sovereignty of Africa.

Olisa Agbakoba Legal (OAL), is a multi-service law firm based in Nigeria and offering cutting edge legal services to clients in diverse areas of business.

With state of the art offices in three states, they provide legal solutions to numerous corporate clients including multi-national companies, international and domestic banks, the government, its agencies and parastatals.

africapractice is the leading provider of strategic advisory and stakeholder relationship management services on the continent, it advises industry and governments; helping them to identify opportunity, manage risk and overcome critical communications challenges.

Control Risks is an independent, global risk consultancy specialising in political, integrity and security risk. We help some of the most influential organisations in the world to understand and manage the risks and opportunities of operating in complex or hostile environments.

The Business Year is a leading research firm and publisher of annual economic resources on national economies. Present in over 25 countries, TBY provides first-hand access to the people and ideas shaping business and policy throughout the world.

Financial Times is one of the world’s leading news organisations, recognised globally for its authority, integrity and accuracy. The FT provides a broad range of essential services, including news, comment, data and analysis, to a growing audience of internationally minded professionals.

 


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Microsoft Revamps Copilot in Workplace AI Push

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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.

 


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Dangote Refinery Debunks Speculations on IPO

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

Dangote Refinery Debunks Speculations on 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.


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Descasio Launches “Give to Gain” Leadership Insights Report, Hosts Executive Brunch for Women in Leadership

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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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