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Polaris Bank Empowers Media Practitioners with 2024 Capacity Building Workshop—-Polaris Bank Empowers Media Practitioners with 2024 Capacity Building Workshop—-As part of its ongoing commitment to continually empower the Nigerian media and enable it play the critical watchdog role in the society, Polaris Bank is organizing an open workshop for all classes of Journalist across the media spectrum as one of its critical CSR intervention meant to positively impact key stakeholders.

The 2024 media workshop with the theme: “Integrating AI tools in Contemporary Media practices for Innovation and Excellence” falls within the Bank’s intervention programs under its Education/Capacity Building Strategic Corporate Social Responsibility(CSR) pillar which deepens media relations, and contribute to the overall development of Nigeria’s media landscape.

Scheduled to hold on Thursday, October 24th, 2024, the media workshop aims to equip media practitioners with the latest tools and skills to navigate evolving challenges of modern journalism.

With a focus on available and relevant Artificial Intelligence (AI) tools and use, participants will learn how to integrate these technologies into their day-to-day work, streamlining news gathering processes and ensuring accuracy in storytelling.

The workshop will also dive deep into contemporary new media tools and practices, while addressing available opportunities that enhances career development.

Focus will also be shed on key topics such as; data journalism, fact-checking, and solutions journalism—ensuring media professionals are equipped to thrive in the digital era.

Building on the success and feedback from previous workshops, especially that of 2023 edition, where hundreds of Journalists participated, the 2024 workshop promises to offer even greater value.

This year’s event will highlight cutting-edge trends, such as media entrepreneurship and career development strategies in a competitive media landscape.

To deliver an impactful workshop, the Bank has assembled top faculty and distinguished subject experts as facilitators, including Dr. Chike Mgbeadichie, a Senior Lecturer at the School of Media and Communication, Pan-Atlantic University, Lekki, Lagos and Lekan Otufodunrin, Executive Director of the Media Career Development Network.

Their extensive knowledge and experience in media and communication will guide participants in understanding how to stay relevant, adapt to technological advancements, and maintain responsible journalism practices.

This initiative reflects Polaris Bank’s long-standing commitment to capacity building, particularly in empowering media practitioners to address the challenges of the digital age.

By providing access to the latest knowledge and tools, the workshop aims to support the continuous development of the Journalists, and media landscape in Nigeria while fostering sustainable and impactful journalism.

Interested media practitioners can register to attend: Register Here.

Polaris Bank was adjudged Nigeria’s Digital Bank of the Year in 2023, 2022 and 2021 in Business Day’s Banks and Other Financial Institutions (BAFI) Awards.

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Business

Local Content: Dangote Cement, Ibese Plant Enhances Skills of Local Business Operators

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Dangote Cement

Local Content: Dangote Cement, Ibese Plant Enhances Skills of Local Business Operators—-The management of Dangote Cement’s Ibese Plant has reaffirmed its commitment to advancing its local content policy, aiming to stimulate the economies of its 17 host communities through skills development and increased business opportunities for local enterprises.

During a one-day capacity development workshop for local vendors, themed “Leveraging DCPI’s Processes and Procedures to Build Viable Local Businesses,” Acting Ibese Plant Director Mr. Johnson Michael expressed this commitment.

Since the plant’s establishment over a decade ago, Michael noted that the company has significantly impacted not only the host communities but also the wider Ogun State. He emphasised that Dangote Cement would continue to prioritise local autonomous businesses to enhance economic resilience within the state.

The workshop, held at the plant premises in Ibese, attracted numerous local service providers and suppliers from neighbouring communities. Michael explained that the event aimed to broaden vendors’ perspectives and deepen their understanding, thereby unlocking greater business opportunities, improving operational efficiency, and strengthening safety and security practices.

He noted that this initiative, the first of its kind at the Ibese Plant, is part of Dangote Cement Plc’s local content development strategy and reflects a strategic partnership with host communities to promote sustainable development and prosperity. The workshop was designed to equip participating vendors with the tools and insights necessary to thrive within and beyond the company’s ecosystem.

On behalf of the vendors, Deacon Segun Omoniyi from Abadom Commercial Enterprises expressed gratitude for Dangote Cement’s investment in upskilling and fostering the growth of local businesses. He assured that the knowledge gained would enhance service delivery and operational excellence at the plant.

The initiative saw effective collaboration among various departments, including Human Asset Management & Administration, Occupational Health, Safety and Environment, Procurement, Security Services, Stores, Finance & Accounts, and Social Performance.

Recently, the Ibese Plant also donated agricultural supplies to local farmers as part of a broader empowerment programme aimed at ensuring food security for the community. During the presentation, over 60 farmers from the 17 host communities received fertilizers, herbicides, and knapsack sprayers to assist them in the upcoming farming season. They also received training on “Integrated Pest Management and Crop Protection,” covering the application of the donated inputs as well as general pest management techniques.

The plant management noted that these donations are part of Dangote Cement’s Social Investment drive, which focuses on four key areas: Education, Health, Empowerment, and Infrastructure. They emphasised that the company’s community investments and their positive impacts on residents demonstrate Dangote Cement’s dedication to adding social value to its host communities.

According to the company, the initiative aims to enhance the productivity of participating farmers, strengthen food security, and boost revenue across the agricultural value chain in the host communities. “We hope that this intervention will positively impact the production of garri, fufu, and kokoro, which are staple foods in the area,” they added.

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Economy

Naira Appreciates Against Dollar In Parallel Market

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Naira

Naira Appreciates Against Dollar In Parallel Market—-The Nigerian Naira saw mixed fortunes in the foreign exchange markets yesterday, appreciating in the parallel market but experiencing depreciation in the Nigerian Autonomous Foreign Exchange Market (NAFEM).

In the parallel market, the Naira appreciated to N1,715 per dollar, up from N1,725 per dollar recorded last weekend, reflecting a slight gain for the local currency.

However, in the NAFEM, the Naira depreciated to N1,603.16 per dollar from N1,600.78 per dollar last Friday, marking a N2.38 decline. Data from FMDQ showed this drop as indicative of the pressure on the official exchange rate.

On a positive note, dollar trading volume in the official market grew by 2.4%, with $359.22 million traded, up from $350.72 million last weekend.

As a result of these market shifts, the gap between the parallel market and NAFEM rates narrowed to N111.84 per dollar from N124.22 per dollar recorded last Friday. The exchange rate dynamics continue to reflect market volatility amid ongoing economic adjustments.

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