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Equities Market Records N81bn Loss, After Five Consecutive Sessions Of Gains

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The equities market reversed its bullish run on Friday, recording a loss of N81 billion after five consecutive sessions of gains.

Selloffs in major stocks, including Mutual Benefits Assurance, Lasaco Assurance, Daar Communications, PZ Cussons Nigeria, NGX Group, and 16 others, pushed the market into negative territory.

The market capitalisation of listed equities declined by N81 billion, or 0.09 per cent, from N89.003 trillion to N88.922 trillion.

Similarly, the All-Share Index (ASI) shed 120.16 points, representing a 0.09 per cent drop to close at 140,545.69 against 140,665.85 posted on Thursday.

In spite of the decline, market breadth closed positive with 32 gainers compared to 21 losers.

FG162029S1 topped the gainers’ table, appreciating by 100 per cent to settle at N100 per share.

Etranzact and Regency Alliance Insurance followed, rising by 9.93 per cent each to close at N14.95 and N1.66 per share, respectively.

Chellaram advanced by 9.92 per cent to end at N13.30, while industrial and medical gases gained 9.91 per cent to close at N36.60 per share.

Conversely, Mutual Benefits Assurance led the losers’ chart, dropping 7.80 per cent to N3.90 per share.

Lasaco Assurance dipped 5.97 per cent to N2.99, while Daar Communications shed 4.50 per cent to close at N1.06 per share.

PZ Cussons Nigeria fell 3.33 per cent to N34.85, and NGX Group declined 3.30 per cent to N60.15 per share.

Market activity showed a 15 per cent increase in volume, a 30 per cent rise in turnover, and a 3 per cent improvement in deals.

Overall, 434.7 million shares valued at N16.17 billion were exchanged in 23,729 transactions, compared to 378.2 million shares worth N12.4 billion in 22,935 deals previously.

Secure Electronic Technology led the activity chart with 71.4 million shares valued at N58.7 million.

Access Corporation followed with 40.9 million shares worth N1.1 billion, while Sterling Nigeria traded 37.1 million shares valued at N279 million.

Regency Alliance Insurance recorded 20.1 million shares worth N33.4 million, while CHAMS sold 19.4 million shares valued at N62.8 million.

Anambra Govt. To Construct Second Airport, Industrial Park

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Anambra State Government says it will construct another airport at Ndikelionwu, Orumba North Local Government Area (LGA) of the state, less than four years after the inauguration of the Chinua Achebe International Cargo Airport, Umeri.

The Achebe airport project was officially launched on April 11, 2017, with construction finishing three years later and formal inauguration performed by former Gov. Willie Obiano on October 30, 2021.

But the Managing Director, Chinua Achebe Cargo International Airport, Mr Martins Nwafor, told newsmen on Friday that another airport will be constructed in Ndikelionwu by the state.

Nwafor said that the initiative was part of the present administration’s programme to transform the state into a smart mega city.

“The project will also attract investments by combining the aviation infrastructure with surrounding commercial, residential and logistics facilities to create a dynamic airport-driven city,” he said.

According to him, having more than one airport in the state will give room for industrialisation and fast-track the overall development of the state.

He explained that the visit was to identify a suitable, flyable location where the state government can develop another airport and industrial park, associated with aerotropolis.

Nwafor, who doubles as chairman of the new Airport and Aerotropolis Committee set up by the state government, emphasised that the project would be a game changer as it will break the untapped economic opportunities in the state.

Former President-General, Ndikelionwu Welfare Association, Mr Fabian Nwosu and the Vice President of Ndikelionwu, Mr Ifesinachi Onwurah, in their separate speeches, thanked the government for siting such project that would create massive job opportunities in their community.

They assured, on behalf of their community, to support the government in realising the project.

Government officials present during the visit included the Managing Director, Anambra State Solid Minerals Development Company Limited, Prof. Charles Ofoegbu, Senior Special Adviser to the state governor on security, Retired AVM Ben Chiobi, architect and founder of Sliding Towers, Mr Chukwudi Ezenwa.

Also present to provide mapping of the location were geologists and geophysicists from the Anambra State Solid Minerals Development Company Limited.

Operation Delta Sanity Has De-escalated Crude Oil Theft – CNS

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The Nigerian Navy says its ‘’Operation Delta Sanity,’’ operating in the Niger Delta region, has de-escalated crude oil theft, leading to the improvement in the country’s economy.

The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, made the remark at the graduation ceremony of participants of the Naval Warfare Course 9 in Calabar on Friday.

He noted that the Navy would not rest on the successes recorded so far and charged the officers to be more diligent in their duties and arrest every form of insecurity in the nation’s maritime domain.

“We have 52 of our personnel who were trained in August 2024 and have been deployed to various oil platforms to curb crude oil theft.

“I believe that this has contributed to the continuous rise in crude oil production that has been reported in the past few months.

“Our Operation Delta Sanity has led to arrests of many criminals and also created a situation where those criminals find it difficult to conduct their operations,’’ he said.

Ogalla said that the operation had reduced criminals’ capacity to have freedom of movement in conducting their activities in the maritime domain.

He recognised the Nigerian Army, the Nigerian Air Force, the Nigerian Police, and other sister agencies as well as well-meaning stakeholders for their contributions in the assignments.

He said the success had helped to contribute to boost the national revenues, restoring investor confidence, enhancing transparency in the oil industry, and improving national security and development.

Ogalla charged the new graduands to deploy their training to improve the nation’s security operations.

He said that the Nigerian Navy had made tremendous efforts towards enhancing its capabilities and professional development.

He urged the graduands to take up their responsibilities of operational level command and leadership, saying that a lot was being expected from them.

‘’You must, therefore, bear in mind that sooner or later, you will be confronted with challenges that will test your knowledge and skills that you acquired in this college,” Ogalla stated.

The Commandant of the college, Rear Admiral Akinola Olodude, said that the training was made possible through the college’s strategic partners.

He particularly commended the European Union office in Abuja, University of Calabar (Unical), the Nigeria Army and Air force war colleges, Nigeria Defense Academy, as well as the Republic of Cameroon for their contributions.

“These institutions facilitated some aspects of the college course curriculum and provided credible resource persons who contributed to our capacity development efforts.

“We are also fortunate to harness the depth of experience and knowledge of some senior officers, both serving and retired, who have shared their invaluable insights and expertise.

“We are indeed grateful for their continued support for the ideals of the college, appreciating also the Governments of Delta Andoni River states, the Government of Cameroon and Côte d’Ivoire,’’ he said.

Olodude said they were of immense support during their study tours and operations’ visits.

The Course Co-ordinator, Capt. Suleiman Abdullahi said the Naval Warfare Course 9 was inaugurated in January with 30 participants drawn from the Nigerian Navy, Sister Services, and the National Defence College.

He listed others to include international participants, comprising one commander from Ghana, a lieutenant commander from the Democratic Republic of Congo, and two commanders from Cameroon.

He said that the eight-month rigorous training covered areas such as leadership, maritime security, military strategy, theatre strategy, as well as camping.

To achieve its mandate of qualitative training for the participants, Abdullahi said that adequate time was created for interaction, lectures, as well as conduct of tours and exercises.

He said the college had established strategic training partnerships with the British Navy and British military advisory training team.

Others are the Centre for Strategic Research and Studies at the National Defence College, Nigeria, and the European Union Office in Nigeria.

“Some of the high points of the Naval Warfare Course 9 include an inter-agency seminar, environmental study talk to Delta state, operations’ visits to River state, and international study talk to Cameroon and Côte d’Ivoire.

“Also, the participants participated in the fifth edition of the joint operations exercise, named Exercise Skylock 2025, held in Abuja, in conjunction with the National Defence College.

“During the conduct of Naval Warfare Course 9, the participants were subjected to written works, oral examinations, and exercises.

He said that their conduct, attitude, confidence, presence of mind, as well as leadership qualities and military bearing, were generally assessed and same reflected in their individual reports.

He announced that all 30 participants successfully completed the three terms of the programme and also successfully defended their individual research projects.

While commending the graduants, Gov. Bassey Otu of Cross River reiterated the state’s commitment to continually support the Navy as a littoral state.

Represented by his deputy, Dr Peter Odey, the governor noted that the peace enjoyed by the state in its waterways was principally through the efforts of the Nigerian Navy.

He said the Navy’s proactive engagements assisted in cutting off the escape route, which was previously exploited by kidnappers, and restored a sense of safety and confidence among the people.

“We are committed to strengthening our collaboration with the Navy and our security agencies in promoting safety, investment, and development across our coastal communities.

“I wish to inform the Chief of Staff that Cross River state remains a willing and welcoming partner in all efforts to secure our nation.

“We are committed to promoting excellence in military education. Congratulations once again to the graduates,” Otu said.

First Lady Launches N25m Women Empowerment Programme In Kogi

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Nigeria’s First Lady, Sen Oluremi Tinubu’s Renewed Hope Initiative (RHI), in partnership with the Tony Elumelu Foundation, has launched a N25 million empowerment programme for 500 women in Kogi.

Tinubu, inaugurating the disbursement on Thursday at Government House, Lokoja, said the scheme was aimed at boosting economic growth and supporting women entrepreneurs across the country.

Represented by Kogi Governor’s wife, Hajia Sefinat Ododo, she explained that the initiative targets 18,500 women nationwide, with 500 beneficiaries in each state, including the FCT.

She said 500 Kogi women would each receive N50,000 grants to strengthen their small businesses and improve their economic stability.

According to her, the programme was designed to support hardworking women traders and entrepreneurs who sustain their families while uplifting their communities.

Tinubu stressed that empowering women was vital to achieving the Sustainable Development Goals, particularly SDG-5 on gender equality and SDG-8 on decent work and economic growth.

The initiative was made possible through a N1 billion donation by the Tony Elumelu Foundation to the Renewed Hope Initiative.

The First Lady added that the scheme underscored RHI’s commitment to promoting women’s economic independence and strengthening households, communities and the nation.

Secretary to the Kogi Government, Dr Folashade Ayoade, thanked the First Lady for remembering Kogi women and praised Elumelu’s philanthropic support.

She urged the beneficiaries to use the funds wisely to expand their businesses and ensure quality education for their children.

Kogi Commissioner for Women Affairs, Mrs Fatima Momoh, said the programme fulfilled a vision to uplift women and transform communities through sustainable support.

Momoh assured that her ministry would continue backing initiatives that promote women’s empowerment across the state.

Hajia Sefinat Ododo presented N50,000 cash to a beneficiary during the Lokoja event.

Grateful beneficiaries, including Aisha Salihu, lauded the First Lady and the Governor’s wife, saying the support would enhance their businesses and livelihoods.

Interrogating Ogbuku’s 50th Birthday Celebration

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On August 19, the Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, turned 50.

A milestone. For a man of his status, you would expect a birthday bash complete with the dainties of vanity. And why not? A golden jubilee for a man of undeniable accomplishments deserves a festoon of golden confetti in Dubai, the Caribbean or any of the exotic offshore getaways.

But not Ogbuku. He chose a different path. A path of value, decorum, and compassionate reflection on humanity especially on the well-being of the Niger Delta region.

A true born of the region, precisely of the Ogbia ancestry in Bayelsa state, Ogbuku was raised to cherish value, integrity and uphold the dignity of his family tree, a family that through the ages has endured as an emblem of honour and veracity.

So, rather than get drowned in the fountain of merriment and high spirit of splash and dash as some persons are wont, Ogbuku chose sobriety. He embraced scholarship and intellectual exegesis.

He chose the occasion of the birthday memorial to unveil two books that not only provide a veritable inquisition into the past and struggles of the Niger Delta people but also offers a reliable and feasible roadmap to the birthing of a prosperous future for the region.

The birthday coursed through Abuja to Port Harcourt before hitting home in Bayelsa. A tripodal trail, each event and venue symbolizing the essence of his life and the office he occupies. In Abuja, two critical books were unveiled: Strategies & Imperatives for Developing the Niger Delta; and Rethinking the Niger Delta: Thoughts and Writings. Both books empirically reflect Ogbuku’s character and commitment to thought leadership even as they offer nuggets to sustainable development of the Niger Delta.

The book presentation ceremony turned out most expectedly an intellectual fellowship, epitomizing the inclination of the NDDC boss to critical thinking, strategic visioning and cerebral value system.

Then, there was an anniversary dinner in Port Harcourt, the headquarters of NDDC. The dinner, typical of Ogbuku, had all the trappings of decorum, moderation with noticeable sprinkling of refined elegance.

It was a dignified gathering of family members, friends, colleagues and a coterie of stakeholders who came to honour a life of service to humanity and a man who trades with virtue as his currency.

There was a defined spiritual dimension to the celebration underscored by a thanksgiving service at St. Mark’s Anglican Church, Ayakoro, Bayelsa State. The service was solemn, void of ecclesiastical charlatanry of any sort. A moment he shared love with family members and people of the local community.

The church component of the birthday was a show of gratitude to God by a man who always esteemed himself of low estate and never failed to acknowledge the fact that God, and only God, had been his shepherd, compass bearer and sustainer. Ogbuku is a man of faith. His family has a deep history of religion rooted in Christianity. He has never shied away from his faith and confession in the Lordship of Jesus Christ.

Attaining age 50 is a landmark. Doing so in good health makes your debt of gratitude to God even bigger. The three events; books presentation, dinner and thanksgiving are all expressions of value, not vainglory.

History is replete with thought leaders at various levels who marked their birthdays with book presentation. On September 17, just a few days away, India’s ruling party, the Bharatiya Janata Party (BJP) plans to mark the birthday of Prime Minister Narendra Modi with a public presentation of a book chronicling the eventful life of the PM.

In Nigeria, distinguished public figures like former governor of Ogun state Aremo Segun Osoba; Senator Opeyemi Bamidele; former Director-General of the Securities and Exchange Commission and global finance expert, Arunma Oteh, among others had at various times marked their birthdays with book presentations.

Before he became President of Nigeria, Asiwaju Bola Ahmed Tinubu, had often marked his birthday with a colloquium during which national issues were discussed. Using the occasion of birthday to unveil books or hold public discourses is not only an act of civility, it is a way of intellectualizing the public space and sharing valuable lessons on the demands of leadership, statecraft and citizenship.

This is the path that Ogbuku, a man with a strong predilection to scholarship and intellectual activism, chose. His books are special treasure troves of ideas. They courageously curated what was, what is and what would become of the Niger Delta region if the lofty standard of leadership he has engendered at NDDC coupled with the right mix of leadership in the states are sustained.

The books elicit hope, not gloom and doom. They are firsts of their kind. Historical, contemporary and futuristic. Ogbuku deserves best wishes not a campaign to paint him and the birthday celebration in delusory dark tar.

Any wonder that President Tinubu showered the kindest words on him in his birthday message to the visionary NDDC helmsman. The President noted NDDC’s efforts under Ogbuku in infrastructure development and interventions in health, agriculture, and environmental remediation even as he prayed for his “continued good health, wisdom, and many more years of impactful service to the nation.”

The President’s charge at the book presentation sums it up: “Turning 50 is a golden milestone; it’s a time for gratitude and a renewed sense of purpose. In Dr. Ogbuku’s case, we celebrate not just the years but a life of service, scholarship, and impactful leadership.”

All of this has put a lie to the mischievously conjured tales of a non-existent after-party where obscene wealth or any form of showy adulation for lucre were displayed.

The three events that hallmarked his birthday are well documented. And they are noble exertions managed within the limits of decency and moderation. Any other activity only exists in the minds of those who have never hidden their agenda to oust Ogbuku and return NDDC to its inglorious past.

Ogbuku deserves to be celebrated, not condemned, for the bold reforms he has brought into NDDC operations, wheeling the interventionist agency from ‘transaction to transformation.’

Under his watch, there has been sustained peace in the region, increase in crude oil production and reinforced confidence of investors and stakeholders in the region.

A leader who has ensured more revenue for the nation, more infrastructure, improved healthcare, education, power, agriculture and active engagement of the once restive youths through empowerment among other totems of development, should be encouraged.

He is highly ranked among public officials who are daily adding value to the Renewed Hope agenda of the President.

By Dr. Willie Etim

NLNG Reduced Gas Flaring In Nigeria By 40% In 26 Years- MD …Calls For Global Action On Methane Gas Mitigation

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Nigeria Liquefied Natural Gas Limited (NLNG) has urged global co-operation to tackle methane emissions and accelerate climate action.

Dr Philip Mshelbila, Managing Director of NLNG, made the call during a panel session at the Gastech Exhibition and Conference in Milan, Italy, were he also highlighted that the company had reduced Nigeria’s gas flaring by more than 40 per cent since its inception 26 years ago.

The session was themed, “Advancing Progress on Methane Abatement Through Strategic Cooperation and the Mobilisation of Finance and Technologies.”

Mshelbila stressed that methane reduction must be prioritised due to its high climate potency and short atmospheric lifespan compared to carbon dioxide (CO₂).

He explained that about 40 per cent of methane emissions were natural, while 60 per cent resulted from human activities.

“Of this 60 per cent, agriculture contributes 40 per cent, and waste, 20 per cent.

“Globally, oil and gas account for 21 per cent of total methane emissions from fossil fuels, making the sector a critical focus for intervention,” he said.

He explained that fossil fuel-related emissions arose from coal mining, flaring, venting, fugitive releases, and incomplete combustion — all requiring targeted mitigation strategies.

Mshelbila identified three key pillars for addressing the challenge which included prevention, detection and measurement, and intervention.

He said that prevention involved designing new facilities to minimise leaks and upgrading existing infrastructure, while detection and measurement relied on advanced technologies to track performance.

“If you cannot measure it, you cannot know how well you are performing,” he stated.

Mshelbila noted that methane lingered in the atmosphere for about 12 years, compared to hundreds or thousands for CO₂, yet it was over 80 times more potent, making its reduction a ‘fast-track’ climate solution.

According to him, we need to focus attention on methane mitigation technologies and support small-scale producers and transporters who often lack the capital to invest in advanced systems.

While CO₂ regulations are relatively mature, Mshelbila observed that methane policies remained underdeveloped, particularly in developing nations.

He called for industry-wide collaboration and inclusive frameworks to close this gap.

“Methane is energy. It is good as long as you keep it in-pipe. NLNG was created to monetise associated gas that was previously flared during oil production.

“We have invested in detection, measurement, monitoring, and reporting systems to manage methane emissions,” he said.

Mshelbila further said that the company had joined the Oil and Gas Methane Partnership (OGMP) and was working towards achieving Gold Standard certification.

He announced that the company would soon inaugurate a boil-off gas compressor to reintegrate methane that would otherwise be flared.

Mshelbila emphasised the importance of partnerships, funding access, knowledge-sharing to help smaller operators adopt advanced technologies, citing satellite-based detection as an innovation that could deliver industry-wide benefits.

He added that access to finance and scalable solutions was crucial for independent players to reduce flaring and emissions.

According to him, we need global stakeholders to support methane mitigation through technology, funding, and inclusive policy frameworks,” he said.

Rivers NACOPPMAN Champions Coconut Awareness At Rumukwurusi School

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The Rivers State Chapter of the National Coconut Producers, Processors and Marketers Association of Nigeria (NACOPPMAN) has continued its advocacy for coconut awareness and cultivation with an outreach at Community Comprehensive Secondary School, Rumukwurusi, Port Harcourt.

The sensitization programme, led by the State Chairperson, Pastor(Mrs) Ngozi Ajayi and her team, the Vice Chairman – Alhaji Ahmed Zacca, General Secretary – Engr Ongwatabo Nehemiah Epoh and the Public Relations Officer – Mrs Delight Uche-Aniche focused on educating students about the nutritional, medicinal, and economic benefits of cultivating coconuts.

Pastor Ajayi emphasized that coconuts are not only vital for improving health but also hold significant potential in wealth creation through agribusiness opportunities.

As part of the event, the team planted six coconut seedlings within the school premises.

The exercise symbolized NACOPPMAN’s flagship campaign, COSIN (Coconuts Sufficiency In Nigeria), which recommends that every family must plant at least three coconut trees to secure both future health benefits and economic stability.

Speaking during the event, teachers and staff of Rumukwurusi School commended the Association’s initiative, describing it as a timely and practical way to introduce students to agriculture as a pathway to food security, entrepreneurship, and sustainable livelihoods.

The outreach concluded with NACOPPMAN’s call on families, schools, and communities across Rivers State to embrace coconut farming as a means of fostering health, wealth, and environmental sustainability.

Feisty with Fire: Hilda Baci Ignites History With The World’s Largest Jollof

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Guinness World Record–winning chef, Hilda Baci, is set to make history once again as she prepares the world’s largest pot of Nigerian jollof rice.

In collaboration with Gino, Hilda will mark World Jollof Day with a bold attempt to cook 250 bags of basmati rice in a giant pot measuring 6 by 6 meters wide, 1.1 meters high, and 1.3 meters deep. The historic cook-off is scheduled for Friday, September 13, 2025, at Eko Hotel and Suites, Lagos.

Hilda Baci biggest pot of jollof rice

Hilda revealed via her Instagram page that more than 20,000 people have registered to witness the event, expressing gratitude for the overwhelming support. Initially planned for Muri Okuola, which could only accommodate 3,500 people, the venue was shifted to Eko Hotel to ensure the safety and comfort of the large crowd.

In true community spirit, Hilda announced that the meal will be free for all attendees. She said:

“All you have to do is come, watch, and enjoy a taste of my amazing meal.”

Ahead of the event, Hilda and her team conducted a dry run at the venue where the massive pot was assembled, testing it for leaks and ingredient balance to guarantee success. She also promised a smooth registration process for everyone attending.

NIMET Warns of Imminent Flood Risk Amid Nationwide Thunderstorms, Rain

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The Nigerian Meteorological Agency (NIMET) has predicted thunderstorms and rainfall across several parts of the country from Friday to Sunday, warning that the weather conditions could lead to flooding in vulnerable areas.

In a weather outlook released on Thursday, September 11, 2025, in Abuja, the agency highlighted Sokoto, Zamfara, Kaduna, Kano, Katsina, parts of Kebbi, Taraba, Bauchi, Gombe and Adamawa states as likely to experience thunderstorms and moderate rainfall.

In the central region, states such as Niger, Kogi and Benue are expected to witness cloudy skies with sunshine intervals in the morning, followed by thunderstorms and moderate rainfall later in the day. Plateau, Kwara and the Federal Capital Territory (FCT) are also included in this forecast.

For the southern region, intermittent moderate rainfall is expected throughout the forecast period, with possible flooding in parts of Lagos, Akwa Ibom and Cross River states. Light to moderate rain is anticipated in the afternoons and evenings. Similarly, Oyo, Ogun, Lagos, Edo, Delta, Rivers, Bayelsa, Cross River and Akwa Ibom states are expected to experience cloudy skies with moderate rainfall in the morning, and further rainfall later in the day.

The agency advised against driving in heavy rain and urged farmers to avoid applying fertilizers and pesticides just before rainfall to prevent nutrient loss. It also cautioned residents to secure loose objects, disconnect electrical appliances during storms, and avoid staying under tall trees to prevent injuries from falling branches.

NIMET further directed airline operators to obtain up to date weather reports for safe and efficient operations. The agency encouraged the public to remain alert and stay updated with its weather advisories.

Algorithms, Africa’s Pathway To Sustainable Growth – RSU Don

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Algorithms, the backbone of emerging technologies such as Artificial Intelligence, Blockchain, Internet of things, Quantum Computing and Biotechnology, and their effects, is a reflection of transformative power of technology when applied intentionally and ethically for rapid development of the society.

A lecturer in the Department of Computer Science, Rivers State University, Port Harcourt, Professor Daniel Matthias, stated this on Wednesday when he delivered the 118th Inaugural Lecture of the University titled, “From Algorithms to Impact: Harnessing Emerging Technologies For Socio Economic Transformation.”

Vice Chancellor, Rivers State University, Prof Isaac Zeb- Obibi ( left) presenting a commemorative plaque to Prof. Daniel Matthias, after the lecture

Prof Matthias who described Algorithm as a, “Finite, step by step set of institutions designed to solve a specific problem or perform a task”, said they are fundamental to both Computer Science and everyday life, where they serve as recipes, driving directions, or the instructions a computer used to sort data, make recommendations on social media or rank search engine results. They take input, process it through a sequence of logical steps, and produce and output.”

The university don emphasized that Africa has the most youthful population globally with entrepreneurial spirit and therefore stands at a pivotal moment to harness the potential of the technologies enabled by the algorithm to drive sustainable development.
He noted that in an era where technology is no longer a spectator in the game of societal development, with AI diagnosing diseases, to data analysis predicting natural disasters, there is no doubt that technology shapes the world.

“Africa, with its youthful population and entrepreneurial spirit, stands at a pivotal moment to harness the potential of these technologies. By addressing infrastructure deficits, fostering digital literacy, and creating supportive policies, the continent can leapfrog traditional development pathways and establish itself as a global innovator,” Prof Mathias stated.

According to him, though Africa has its challenges in infrastructure deficits such as access to technology, logistics and transportation, educational barriers in the areas of quality education and digital literacy, limited investment and informal economies, the continent has promise of potential growth with the development and use of Algorithms.

Prof Matthias attributed the potential promises to demographic advantage, ecosystems, noting that Africa has the potential to leapfrog traditional stages of technological development by adopting mobile and digital solutions directly. Furthermore, he said that focusing on renewable energy and sustainable practices can help Africa address energy shortages while promoting environmental stewardship.

He postulated that emerging new technologies in AI, Blockchain, Internet of Things, Quantum Computing, and Biotechnology are no longer just theoretical constructs, but are reshaping industries, improving lives, and addressing critical challenges in Africa and beyond, citing studies in healthcare, land registry systems, flood monitoring, and renewable energy as how technology can be harnessed for socio-economic transformation, fostering resilience, equity and economic growth.

“By bridging the gap between technical knowledge and societal needs, we can create technologies that not only solve problems, but also empower communities, foster inclusion, and drive sustainable development. Collaboration, advocacy, and mentorship are essential to ensuring that technology serves as a tool for equity, empowerment, and a better future for all,” the university Don stated.

For Africa to benefit immensely from emerging technologies, Prof. Matthias recommended the strengthening of research in emerging technologies through the establishment of dedicated research centres in AI, IoT, Blockchain, and Renewable Energy. He also advocated linking computer science with health, agriculture, and engineering as interdisciplinary projects.

He further recommended the promotion of digital literacy, Science, Technology, and Mathematics (STEM) capacity building through integrating digital skills and coding from first year across all faculties in universities and similar institutions. He called for the expansion of postgraduate and professional training programmes in data science, cyber security, and machine learning.

Prof Matthias further suggested encouragement for innovation and incubation through developing innovation hubs where students and staff can build prototypes and grant support to start-ups and tech-driven enterprises through seed funding and mentorship.

While urging for a university-industry- government partnership in order to strengthen collaborations for internships, applied research, and product development, Prof. Matthias recommended that research outcomes should align with societal needs, especially in healthcare, environment, education, and governance.

Prof. Matthias, who described himself as not merely a computer scientist who is focused on the abstract world of algorithms but a scholar striving to connect computational innovations with tangible societal progress, enumerated some of his contributions to real-world contexts, which include, developing machine learning models for public health, promoting open-source tools for education, and mentoring students to become tools for education.

Prof. Matthias also highlighted his computational intelligence on healthcare delivery in Nigeria during the COVID-19 pandemic, maternal and neonatal health statistics as significant strides. He also made significant contributions in the areas of security, privacy, and digital trust, smart cities, transportation, infrastructure, big data, cloud, and the digital economy, where his contributions “illustrate that algorithms are not merely mathematical constructs, but also facilitators of trust, privacy, and governance in the digital era,”.

In his closing remarks, the Vice Chancellor of the Rivers State University, Prof. Isaac Zeb-Obibi congratulated the lecturer, describing the lecture as “fantastic” and the lecturer, as “our rare gift to Africa and the world in the field of Computer Science.”

He acknowledged that most of the recommendations of the lecturer were in consonance with what the university was doing in terms of developing a policy on the use of AI and making the university community to be digital compliant.