Archived edition · 01:59 Lagos
Thursday 10 September
- New articles analysed in today’s runs
- 3
- High-risk articles today
- 0
- Board appointments today
- 0
- Contract awards today
- 0
Key Developments
-
Judicial Action against NEXIM Bank
The Appeal Court has upheld a 10-year prison sentence for Orya, the former Managing Director of the Nigerian Export-Import (NEXIM) Bank, following corruption proceedings related to his tenure ([Premium Times Nigeria](https://news.google.com/rss/articles/CBMivgFBVV95cUxNV0Z3eVBubHJDOEF2ajV0TFY1M2VOTGh5Q1lfZGZCZDNvbjZjMVZXckk4Q0RHakdsdGZUTWh0SFc0WjJab2FzQkI2YUFSTnBlNmF1VGNGR2t6VkdHVEJxTl95OE9ldXptMkZXVzI2MGg3cDRZVllINXlBLWc4S3hodjIxZXM5bU5PYjJEQUpxQ2pDSzdweXd2dGtxbjgwOUxteXY4WGlvUm11TXpod1p5ZHRoRDhkM2VxMG9iWjhB?oc=5)).
-
Strategic Pivot by Uber
Following its exit from the Nigerian market, Uber is redirecting its global strategy toward a $10 billion investment in robotaxi technology ([businessday](https://businessday.ng/technology/article/ubers-10bn-robotaxi-bet-reshapes-global-strategy-after-nigeria-exit/)).
-
Environmental Infrastructure Grant
Companies FREEE and DeSpray have secured funding from a Dutch grant to establish an aerosol recycling plant ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMirAFBVV95cUxNSWNwM3NUdklFdGpxV1FjaDJnNWExVlEwMG4wMVU5aGNkMUlXWVpJbVNNWlZ1NXZqaHJCenQyUC0ycllTQ2dSZGRKWE5NZG1TbmZRcVdlbllPaXZKU2lYd25NQ2h5d2dvRHBWdDNZakJQckxvREVRN3lfTUtsbzJkbmZZRVBuemdEM1hBTkJvXzMyVEc1TVJuWnFWejlGQVEtOFFKVkVlUXBzUzZB?oc=5)).
High Risk Alerts
-
MDAs Governance Failure
The confirmation of a decade-long jail term for a former head of the Nigerian Export-Import Bank signals significant historical governance failures and systemic risk within the agency's previous leadership ([Premium Times Nigeria](https://news.google.com/rss/articles/CBMivgFBVV95cUxNV0Z3eVBubHJDOEF2ajV0TFY1M2VOTGh5Q1lfZGZCZDNvbjZjMVZXckk4Q0RHakdsdGZUTWh0SFc0WjJab2FzQkI2YUFSTnBlNmF1VGNGR2t6VkdHVEJxTl95OE9ldXptMkZXVzI2MGg3cDRZVllINXlBLWc4S3hodjIxZXM5bU5PYjJEQUpxQ2pDSzdweXd2dGtxbjgwOUxteXY4WGlvUm11TXpod1p5ZHRoRDhkM2VxMG9iWjhB?oc=5)).
Beneficial Ownership & PSC Disclosures
No persons with significant control were identified in the provided data.
Procurement & Board Changes
The current data set contains no records regarding procurement contracts or board appointments.