Headlines
ARCON gives Turkish firm seven-day ultimatum to pay N481m debt

The Advertising Regulatory Council of Nigeria (ARCON) has given a Turkish firm, Hayat Kimya, a seven-day ultimatum to pay the N481 million debt it owes a Nigerian media planning and buying agency, Mainsail Media Limited.
The Director General of ARCON, Dr Olalekan Fadolapo, issued the ultimatum in a statement made available to newsmen in Abuja.
Fadolapo said the ultimatum followed several efforts made by stakeholders in the advertising industry to resolve the debt dispute between Hayat Kimya and Mainsail Limited.
He said that Hayat Kimya had been reluctant in paying its debt despite the intervention by the Advertising Practitioners Council of Nigeria (APCON), the precursor to ARCON, and the Media Independent Practitioners Association of Nigeria (MIPAN).
It was gathered that Hayat Kimya Nigeria Limited is a subsidiary of Hayat Holding, a Turkish enterprise with a strong presence in several countries including Nigeria.
The company is also a player in the FMCG sector and a member of the Advertisers Association of Nigeria (ADVAN).
Mainsail Media Limited, on the other hand, is a member of the Media Independent Practitioners Association of Nigeria (MIPAN).
The ARCON director general, in the statement, recalled that Kimya Head Office in Turkey had engaged Mainsail as its media independent agency to coordinate media buying and placement, working with Hayat Kimya Nigeria Limited.
He said the contract was initially for 12 months and renewable every December.
Fadolapo said sometime in June 2021, Hayat Kimya alleged that a whistle-blower sent information that Mainsail was fraudulent in executing media contract in connivance with a media monitoring service provider.
According to him, Hayat Kimya Head Office instituted investigation into the matter without the knowledge or involvement of its Nigeria office.
Fadolapo said that, notwithstanding the whistle-blowing, Hayat Kimya continued to conduct business with Mainsail until sometime in September 2021.
“Hayat Kimya disengaged Mainsail in November, 2021; the outstanding invoice as at the time was N481,349,854.45 (Four Hundred and Eighty -One Million, Three Hundred and Forty-Nine Thousand, Eight Hundred and Fifty Four Naira, Forty-Five Kobo only).
“Hayat Kimya did not inform the management of Mainsail of the whistleblowing up until the meeting called by the advertising industry regulator – the Advertising Practitioners Council of Nigeria (APCON) now the Advertising Regulatory Council of Nigeria (ARCON),” he said.
Fadolapo said Hayat Kimya offices had ignored all correspondence from Mainsail and failed to liquidate the outstanding debt even though the investigation of the allegation had been ongoing for 12 months as of the time of the meeting.
He insisted that where the debt is not resolved within seven days, ARCON would be constrained to revoke all approvals to advertise issued to Hayat Kimya until the issue is resolved.
Fadolapo also said the regulator may decline further approval of all advertisement materials of Hayat Kimya until the issue is resolved.
He also said ARCON may enter the company’s name in the black book of the Nigerian Advertising Register.
Fadolapo further threatened that the regulator may petition other relevant government regulatory agencies to investigate the business and economic activities of Hayat Kimya in Nigeria.
This, he said, will be to determine whether such activities were carried out in an unethical manner and disregard government regulations.
The director general said that ARCON may also initiate the prosecution of Hayat Kimya or its officers where violation of any provision of the law was observed.
He gave an assurance that ARCON would continue to ensure ethical advertising and marketing communications practice in Nigeria.
(NAN)
Headlines
Noble Ladies Champion Women’s Financial Independence at Grand Inauguration in Abuja

Women from diverse backgrounds across Nigeria and beyond gathered at the Art and Culture Auditorium, Abuja, for the inauguration and convention of the Noble Ladies Association. The event, led by the association’s Founder and “visionary and polished Queen Mother,” Mrs. Margaret Chigozie Mkpuma, was a colourful display of feminine elegance, empowerment, and ambition.
The highly anticipated gathering, attended by over 700 members and counting, reflected the association’s mission to help women realise their potential while shifting mindsets away from dependency and over-glamorization of the ‘white collar job.’ According to the group, progress can be better achieved through innovation and creativity. “When a woman is able to earn and blossom on her own she has no reason to look at herself as a second fiddle,” the association stated.
One of the association’s standout initiatives is its women-only investment platform, which currently offers a minimum entry of ₦100,000 with a return of ₦130,000 over 30 days—an interest rate of 30 percent. Some members invest as much as ₦1 million, enjoying the same return rate. Mrs. Mkpuma explained that the scheme focuses on women because “women bear the greater brunt of poverty” and the platform seeks “to offer equity in the absence of economic equality.”
Education is also central to the Noble Ladies’ mission, regardless of age. Their mantra, “start again from where you stopped,” encourages women to return to school or upgrade their skills at any stage in life. The association believes that financial stability is vital in protecting women from cultural practices that dispossess widows of their late husbands’ assets, while also enabling them to raise morally and socially grounded families.
Founded on the vision of enhancing women’s skills and achieving financial stability, the association rests on a value system that discourages pity and promotes purpose. “You have a purpose and you build on that purpose to achieve great potentials and emancipation,” Mrs. Mkpuma said.
A criminologist by training and entrepreneur by practice, she cautions against idleness while waiting for formal employment. “There are billions in the informal and non-formal sectors waiting to be made,” she said, rejecting the “new normal of begging” and urging people to “be more introspective to find their purpose in life and hold on to it.”
Mrs. Mkpuma’s management style keeps members actively engaged, focusing on vocational skills and training to prepare them for competitive markets. She is exploring “innovative integration of uncommon technologies” and is already in talks with international franchises to invest in Nigeria, with Noble Ladies as first beneficiaries.
The association’s core values include mutual respect, innovation, forward-thinking, equal opportunity, and financial emancipation. With plans underway to establish a secretariat in the heart of Abuja, the group aims to expand its impact.
The event drew high-profile guests, including former Inspector General of Police, Mike Okiro, and a host of VIPs, marking a significant milestone in the association’s drive for women’s empowerment.
Headlines
NEPZA, FCT agree to create world-class FTZ environment

The Nigeria Export Processing Zones Authority (NEPZA) has stepped in to resolve the dispute between the Federal Capital Territory Administration and the Abuja Technology Village (ATV), a licensed Free Trade Zone, over the potential revocation of the zone’s land title.
Dr. Olufemi Ogunyemi, the Managing Director of NEPZA, urged ATV operators and investors to withdraw the lawsuit filed against the FCT administration immediately to facilitate a roundtable negotiation.
Dr. Ogunyemi delivered the charge during a courtesy visit to the Minister of the Federal Capital Territory, Barrister Nyesom Wike, on Thursday in Abuja.
You will recall that the ATV operators responded to the revocation notice issued by the FCT administration with a lawsuit.
Dr. Ogunyemi stated that the continued support for the growth of the Free Trade Zones Scheme would benefit the nation’s economy and the FCT’s development, emphasizing that the FCT administration recognized the scheme’s potential to accelerate industrialisation.
Dr. Ogunyemi, also the Chief Executive Officer of NEPZA, expressed his delight at the steps taken by the FCT minister to expand the economic frontier of the FCT through the proposed Abuja City Walk (ACW) project.
Dr. Ogunyemi further explained that the Authority was preparing to assess all the 63 licensed Free Trade Zones across the country with the view to vetting their functionality and contributions to the nation’s Foreign Direct Investment and export drives.
“I have come to discuss with His Excellency, the Minister of the Federal Capital Territory on the importance of supporting the ATV to succeed while also promoting the development of the Abuja City Walk project. We must work together to achieve this for the good of our nation,” he said.
On his part, the FCT Minister reiterated his unflinching determination to work towards President Bola Ahmed Tinubu’s Renewed Hope Agenda by bringing FDI to the FCT.
“We must fulfil Mr. President’s promises regarding industrialization, trade, and investment. In this context, the FCT will collaborate with NEPZA to review the future of ATV, a zone that was sponsored and supported by the FCT administration,” Wike said.
Barrister Wike also said that efforts were underway to fast-track the industrialisation process of the territory with the construction of the Abuja City Walk.
The minister further said the Abuja City Walk project was planned to cover over 200 hectares in the Abuja Technology Village corridor along Airport Road.
According to him, the business ecosystem aimed to create a lively, mixed-use urban center with residential, commercial, retail, hospitality, medical, and institutional facilities.
He added that the ACW would turn out to be a high-definition and world-class project that would give this administration’s Renewed Hope Agenda true meaning in the North-Central Region of the country.
Barrister Wike also indicated his continued pursuit of land and property owners who failed to fulfil their obligations to the FCT in his determination to develop the territory.
Headlines
Benue IDPs block highway, demand return to ancestral homes

Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.
The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.
The protest caused disruption, leaving hundreds of motorists and passengers stranded.
Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.
“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.
Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.
Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.
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