News
Report Names Nigeria as Organized Crime Hub of Africa

A damning report by StrategyPage, a leading resource on armed forces affairs worldwide said that Nigeria is seen by international crime experts as the center for organized crime in Africa because the culture of corruption makes it easier for major criminal enterprises to survive in the country.
According to StrategyPage, even without all the oil wealth to steal, the Moslem north in Nigeria also suffered from this culture of corruption, which it claimed , is the main reason for the appearance of Boko Haram.
“While these Islamic radicals blame the corruption on Western influences, the north was corrupt long before European colonialists showed up two centuries ago.
The corruption is worse now because there’s more to steal and the participation of so many senior government and commercial officials makes it easier to launder money and get it out of the country” the report added.
StrategyPage said that these are bad times for Nigeria, pointing at a number of issues bedeviling the polity.
It said that “ the continuing Boko Haram violence in the north and growing proof of massive oil revenue loss ($6 billion a year, at least) from theft down south has led to a the ruling Peoples Democratic Party (PDP) splintering into factions accusing each other of corruption and incompetence.
Well publicized and energetic efforts to halt oil theft in the Niger Delta have failed, despite very visible military efforts to find oil thieves out in the swamps, arrest them, and seize their boats and crude oil refineries” the report said
According to StrategyPage, the problem, as always, is the corruption adding “Who guards the guards? Boats seized by the troops are sometimes spotted back in use by other gangs of oil thieves.”
“When arrested, oil thieves complain that their efforts are nothing compared to what the politicians and oil companies steal.
There’s a certain amount of truth to that but the oil thieves who tap into pipelines waste 70 percent of the oil that comes out of those punctures.
These oil thieves live in the area and now their robberies are the major cause of oil pollution. The tribes demand compensation for the ecological damage from the oil companies who blame the government for not being able to control the pipeline attacks and the resulting leaks” StrategyPage added.
Oil theft related arrests in the Niger Delta usually involve shutting down thieves who do not have a politician sponsor (who takes a cut of the profits for providing protection).
The foreign oil companies that run the drilling and pipeline operations are threatening to leave if something is not done about the oil theft gangs.
The stealing has become so extensive that daily production fell from 2.3 million barrels a day to about 2 million this year. This is despite efforts to increase production. The government hoped to increase production to 3.7 million barrels a day.
The previous peak was 2.6 million barrels a day 7 years ago (before the Niger Rebels got going and oil theft became a much larger problem). It proved impossible to get back to 2.6 million but production might get back to 2.4 million barrels a day. That will be difficult because oil theft is now all the rage in the Niger Delta and the popular enthusiasm for it is not slowing down.
In addition to the oil thieves, investigators have documented decades of theft from oil profits once they are in government bank accounts. The thefts from pipelines and government bank accounts has amounted to over $10 billion a year in the last decade. The annual GDP of Nigeria is $238 billion, for a population of 165 million ($1,440 per capita).
Oil accounts for about 14 percent of GDP and unemployment is currently about 25 percent. These revelations document what a lot a lot of Nigerians had known for a long time. The theft is so pervasive (40 percent of refined petroleum products are stolen) that the activity is hard to miss.
Eliminating the stealing has been difficult because most politicians and political parties are financed by stolen oil money.
The well-funded thieves are organized and determined to hang on to their wealth. Judges and police can be bought and many oil thieves have already been prosecuted and escaped via bribes. But there is progress.
The oil thieves are under attack, some do lose, but the war will go on for years and there will be a lot of obstacles.
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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