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Finance Minister Confirmed to Speak at the Nigeria Summit 2014

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Ngozi Okonjo-Iweala, Coordinating Minister for the Economy
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Ngozi Okonjo-Iweala,  coordinating minister for the Economy and Finance, has just confirmed to speak at the Nigeria Summit 2014 according to Economist Events,  organizers of the  summit.

Okonjo-Iweala will be joining 350 global leaders comprising government ministers, international investors and leaders of Nigerian society for the Nigeria Summit, scheduled  for March 24 -25 at the Intercontinental Hotel in Lagos.

One of the key themes driving this year’s summit will be how Nigeria can turn its unprecedented economic growth into wider social prosperity.

This discourse comes at a fascinating time in Nigeria’s development. A recently recalculated GDP suggests that Nigeria’s economy is now the biggest in sub-Saharan Africa.

How Nigerian leaders employ this economic power to tackle poverty and uneven development, remains a key question for the country and potentially the strategic issue for the nation.

As The Economist Events has stated, “as Nigeria reflects upon this historic milestone, delegates will be looking to the country’s future. Joined by key Government ministries, international investors, industry and business leaders, the summit will explore the next stage of Nigeria’s great economic and social transition.”

The architects of Nigeria’s future will be in attendance.

Alongside Okonjo-Iweala; the summit will feature key speakers including Minister for Agriculture, Akinwunmi Adesina; Minister for Communications Technology,  Omobola Johnson; Special Representative of the Chinese Government for African Affairs, Zhong Jianhua; Founder and Chairman, Indorama Corporation, Sri Prakash Lohia; and Managing Director of Investments and Secretary of the Investment Committee, Wendel Group, Stephane Bacquaert.

Okey Enelamah, chief executive officer of African Capital Alliance (ACA) a speaker at this year’s event has said, ‘We are proud to announce our affiliation with The Economist Events’ Nigeria Summit 2014.

Nigeria’s sustained economic growth over the past decade together with its positive economic outlook makes the country a promising investment destination for foreign investors.’ He added that private equity firms have become attractive vehicles for foreign investors seeking to invest in Nigeria.

Other speakers include: Mohamed Alabbar, Chairman, Emaar Properties; Arunma Oteh, Director General, Nigerian Securities and Exchange Commission; Bishop Matthew Hassan Kukah, Catholic Diocese of Sokoto; and Tony Elumelu, Chairman, Heirs Holdings.

The speakers will be addressing a series of strategic challenges and opportunities. Some of the big questions that will be under investigation include; what is Nigeria’s future relationship with global powers and major trading partners in Asia? How can economic growth be used to improve security and harmony in the country? Does the future look bright for Nigeria’s growth sectors, including agriculture, ICT, healthcare and financial services. And crucially how can Nigeria turn growth into wider prosperity? 
The Summit is organised by The Economist Events and supported by the Platinum sponsors: Etisalat, FirstBank, GT Bank, Siemens and Standard Chartered; Gold sponsors: Accenture and Hangar 8; Silver sponsor Oando; Exhibitor sponsors Oracle and P&G; and Official logistics supplier: DHL.


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Cross River State Isolates 10 More Persons with COVID Symptoms

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Cross River State Government said it has identified and isolated 10 persons who interacted with a Chinese national who reimported COVID-19 into Nigeria.

Cross River State Isolates 10 More Persons with COVID Symptoms

Nigeria Centre for Disease Control and Prevention (NCDC) while confirming a case of COVID-19 in the state, assured the public that there is no evidence of widespread transmission.

But, Dr. Inyang Ekpenyong, state epidemiologist, disclosed that the individuals were traced through contact tracing after interacting with the index case (Chinese national) and have since been placed under movement restriction.

“We’ve restricted their movements to their homes, so that they do not spread the symptoms to other persons,” Ekpenyong said, noting that the contacts were under close monitoring by health officials.

She added that surveillance teams had visited the expatriate’s workplace in Akamkpa to track possible exposure and prevent further transmission.

The affected Chinese national is currently receiving treatment at the University of Calabar Teaching Hospital (UCTH), where authorities said he was responding positively.

Ekpenyong reminded residents that COVID-19, despite first emerging about six years ago, has not been eradicated, urging continued adherence to preventive measures.

She advised the public to maintain regular hand sanitisation, use face masks where necessary, and follow public health guidelines issued by experts.

But, Dr. Jide Idris, director general, NCDC, said, “Public health surveillance systems remain active nationwide, and we are working closely with state authorities to ensure early detection and swift response to any case.”

In a statement on Wednesday, Dr. Idris, said there is no cause for alarm, adding that “We are monitoring the situation closely and our response systems are active and working,”.

Earlier, Dr. Henry Egbe Ayuk, state commissioner for Health,  confirmed the first case and assured residents that all necessary containment protocols had been activated.

According to Ayuk, the index case involves a 53-year-old Chinese national who arrived in Nigeria on March 17 and later developed symptoms while in Akamkpa.

He explained that the patient’s condition worsened while receiving treatment at a state facility before he was transferred to UCTH for advanced care.

“At the facility, samples were taken in line with established protocols, and it was confirmed that the patient showed symptoms of COVID-19,” Ayuk said.

“We are, however, happy to report that he is doing well,” he added.

The commissioner stressed that the state’s health system has been strengthened to respond effectively to outbreaks, with surveillance mechanisms fully operational across Cross River State.

He acknowledged the presence of occasional silent infections but maintained that the government remained prepared to manage any public health threat.

“But we are determined that for every ailment, every disease or outbreak, if it is identified here in the state, there should be no alarm. The state will do well in terms of surveillance or containment of an outbreak. Whatever it is, we will do our best to contain it. So, there is no alarm,” Ayuk stated.

Ayuk further noted that COVID-19 remains a global concern, warning that cross-border movement of infected individuals continues to pose risks.

“COVID-19 is not peculiar to Nigeria. But we’re determined to contain it. There’s no cause for alarm,” he said.

 

 


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The Visibility Trap

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By Ememobong Udofot

There is a persistent assumption in modern business that attention is progress. If people are seeing you, engaging with you, and talking about you, then you must be growing. On the surface, this feels true. In practice, it is one of the most expensive misconceptions companies carry.

Visibility is not legitimacy. And confusing the two creates fragile businesses that look successful long before they actually are.

Visibility is distribution. It is how often you are seen, how far your message travels, and how loudly you exist in a market. It is driven by campaigns, partnerships, content, and media. It is measurable in impressions, reach, mentions, and recall.

Legitimacy is something else entirely. It is not what people see. It is what they conclude. It is the quiet but critical judgement a user makes when deciding whether to trust you with something that matters. Their money, their time, their reputation, their belief. Legitimacy is not declared. It is inferred. This is where most companies miscalculate.

A platform can be highly visible and still feel unsafe. It can be everywhere and still feel uncertain. It can dominate conversations and still fail at conversion when the moment of decision arrives. Because today, users are not asking, “Have I seen this before?” They are asking, “Do I trust what happens next?”

In financial services, especially in emerging markets, this distinction becomes sharper. Users do not operate from abundance. They operate from risk awareness. Every transaction is evaluated, consciously or not, through a lens of potential loss. What could go wrong? How fast can I recover if it does? Who is accountable if it fails? Visibility does not answer these questions. Legitimacy does.

Legitimacy is built through signals that reduce perceived risk. Not theoretical safety, but experienced reliability. It shows up in consistency of outcomes, in how predictable your system is under pressure, and in whether your platform behaves the same way every time, not just when everything is working but also when something breaks. It is reinforced by clarity. Users trust what they understand, not what is explained to them in long paragraphs, but what is immediately obvious in interaction. What happens next, how long it takes and what they can expect. It is strengthened by accountability. Not in policy documents, but in visible behaviour. How issues are handled, how quickly they are resolved, whether responsibility is assumed or deflected.

These are not branding elements in the traditional sense. They are operational realities. But this is exactly where branding is often misunderstood. Brand is not what you say about your product. It is the system of signals that shape how your product is perceived before, during, and after use. While visibility amplifies your presence, legitimacy sustains your relevance.

When companies prioritize visibility without building legitimacy, they create a dangerous gap between expectation and experience. Growth accelerates, but trust does not compound at the same rate. Eventually, the system corrects itself. Users withdraw, reputation weakens, and recovery becomes significantly harder than initial growth.

On the other hand, when legitimacy is established first, visibility becomes an accelerator rather than a risk. Every new user acquired enters a system that can hold them. Every interaction reinforces the same conclusion. This works; I can rely on this.

This is slower to build, but far more durable. The strategic implication is simple but rarely followed. Do not ask how to be seen more; ask what conclusions users are forming when they see you. Do not optimise for attention in isolation, optimise for the alignment between what is promised and what is experienced. Do not treat trust as a communication problem, treat it as a systems problem that communication must accurately represent. Because in the end, markets do not reward visibility. They reward reliability that has been observed, tested, and believed. And that is legitimacy.

Ememobong Udofot E. is a branding and communications executive specialising in strategy, systems thinking, and trust design within financial technology. She currently leads Branding and Communications at FlashChange, a digital value exchange platform focused on enabling reliable, efficient movement of digital assets.


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Breaking News…Hackers Allegedly Expose EFCC Data, Operatives’ Identities

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Nullsec Nigeria, a threat actor, has claimed responsibility for leaking the identities of operatives and sensitive internal data linked to the Economic and Financial Crimes Commission (EFCC).

Breaking News...Hackers Allegedly Expose EFCC Data, Operatives’ Identities

Ola Olukoyede, chairman, EFCC

The leak raises fresh concerns over cybersecurity vulnerabilities within Nigerian public institutions and safety the agency’s operatives.

The breach surfaced on April 21 on a dark web forum, where a user identified as “ki4t,” reportedly affiliated with the group, published details of the dataset.

The exposed data is said to include agent names, phone numbers, operational code names, and password hashes tied to EFCC personnel.

The breach allegation comes amid growing concerns over cyber risks facing government agencies, following a recent reported compromise involving the Corporate Affairs Commission (CAC).

Cybersecurity analysts say that if confirmed, the exposure of such sensitive operational data could pose risks to both personnel security and ongoing enforcement operations, particularly if password hashes are successfully decrypted or linked to other compromised systems.

The development adds to increasing pressure on public institutions to strengthen digital infrastructure, access controls, and internal cybersecurity protocols as threat actors continue to target government databases.

Authorities are yet to confirm the extent of the alleged breach or whether any mitigation measures have been activated.

Nigeria has lately experienced a growing activities of hacktivists defacing websites and leaking data.

 

 

 


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