Witty Global blog

  WITTY GLOBAL BLOGS | MORNING EDITION Nigeria Overhauls Crude Oil Export Oversight, Appoints Eight Inspection Agents and Two Monitors By Itoro Uwah | Monday, November 2, 2026 Public Affairs | Energy Governance | Nigerian Economy | National Accountability ABUJA, NIGERIA — The Federal Government has revised the inspection and monitoring arrangements governing Nigeria's crude oil and gas exports, appointing eight pre-shipment inspection agents and two monitoring and evaluation organisations under the Nigerian Export Supervision Scheme. The Central Bank of Nigeria formally communicated the appointments in a circular dated October 29, 2026, signed by Aderinola Shonekan, Director of the Trade and Exchange Department. According to the circular, the revised appointments and terminal allocations took effect on October 2, 2026. The directive applies to authorised dealer banks, the Nigeria Customs Service, petroleum regulatory agencies, terminal operators, oil and ga...

  WITTY GLOBAL BLOGS | EVENING EDITION 50 Anambra Youths Prepare to Monitor 100 Public Projects: Why Africa Must Turn Youth Empowerment Into Civic Responsibility By Itoro Uwah | Sunday, November 1, 2026 Youth Development | Governance | Public Accountability | BEFOCUS Africa AWKA, NIGERIA — Fifty young Nigerians selected from Anambra State's 21 local government areas are being equipped with practical skills to monitor public infrastructure projects, examine government spending and promote accountability through evidence-based civic engagement. The six-month initiative, known as the Anambra Youth Accountability Hub (AYAH), is being implemented by the Creative Minds Centre for Youth and Community Development with support from the Nigeria Youth Futures Fund. According to reports published on October 31 and November 1, the programme aims to monitor and document at least 100 public infrastructure projects across the state's three senatorial zones. Participant...

  WITTY GLOBAL BLOGS | AFTERNOON EDITION OPay Cancels $304 Million New York Stock Market Debut Following Foreign Regulatory Inquiry By Itoro Uwah | Sunday, November 1, 2026 Business | African Fintech | International Investment | Digital Economy LAGOS / NEW YORK — Nigeria-focused digital financial services company OPay has withdrawn its planned $304 million initial public offering on the New York Stock Exchange following a regulatory inquiry involving an unidentified foreign jurisdiction. The decision came after the company had priced its proposed offering at $19 per American Depositary Share, with 16 million shares scheduled for sale. The transaction would have valued the company at approximately $4 billion. However, the offering was terminated before the company's shares commenced trading on the exchange. In a statement issued on October 31, OPay confirmed that it and its underwriters had mutually agreed to terminate the underwriting agreement dated Octobe...

  WITTY GLOBAL BLOGS | MORNING EDITION Nigeria's 2026 Tax Regulations Permit Lifestyle-Based Assessments: What Entrepreneurs Need to Know By Itoro Uwah | Sunday, November 1, 2026 Taxation | Public Affairs | Nigerian Economy | Entrepreneurship ABUJA, NIGERIA — Nigeria's tax authorities have the legal authority to consider a business owner's lifestyle, assets, location and financial transactions when estimating income that cannot be reliably established through available records, under the Nigeria Presumptive Tax Regulations, 2026. The regulations, which took effect on January 1, 2026 , were published in the Federal Government's Official Gazette dated May 13, 2026. Renewed attention to the framework follows a report published by The Punch on November 1, examining the implications of the regulations for business owners, informal traders and tax administration. While the provisions strengthen the government's ability to assess undocumented business...

  WITTY GLOBAL BLOGS | EVENING EDITION Oyo State Endorses School Protection Procedures: Why Child Safety Must Go Beyond Policy Documents By Itoro Uwah | Saturday, October 31, 2026 Education | Child Protection | Human Rights | Governance | BEFOCUS Africa IBADAN, NIGERIA — Oyo State has taken a significant policy step towards improving the protection of schoolchildren following the adoption of a Standard Operating Procedure (SOP) designed to strengthen the prevention, reporting, investigation and prosecution of school-related sexual and gender-based violence. The framework was endorsed at a stakeholder validation workshop held in Ibadan on Wednesday, October 28, 2026, through a collaboration involving the Oyo State Government, the International Institute for Democracy and Electoral Assistance (International IDEA), and other child-protection stakeholders. The initiative forms part of the European Union-supported programme to end sexual and gender-based violence...

  WITTY GLOBAL BLOGS | AFTERNOON EDITION Cassava Brings Claude AI Access to African Businesses Through Amazon Bedrock: What It Means for Nigeria's Digital Economy By Itoro Uwah | Saturday, October 31, 2026 African Technology | Artificial Intelligence | Business | Digital Economy | Innovation AFRICA — Pan-African technology group Cassava Technologies has announced that it is authorised to resell access to Anthropic's Claude artificial intelligence models through Amazon Bedrock, creating an additional channel through which African organisations may obtain advanced AI capabilities for business applications. The announcement, issued on October 27, 2026, represents another development in Africa's expanding artificial intelligence ecosystem, as businesses seek practical ways to incorporate advanced digital tools into their operations. Through the arrangement, Cassava can provide enterprise customers with access to Claude models using Amazon Web Services...