ND Western Limited Wins Independent Company of the Year at SAIPEC 2023

...becomes a two-time awardee in the same category at the industry event

Nigeria’s leading indigenous oil and gas exploration company, ND Western Limited, has won the Independent Company of the Year Award for the second year running at the 2023 SAIPEC Exhibition and Conference recently held in Lagos. The annual event which recognizes the best-performing companies and individuals has cemented ND Western as the leader in sustainable oil exploration and production.

Meta reveals behavioural insight on Nigerian shoppers during Ramadan to guide advertisers

Meta presents the 2023 Ramadan insight study to explore the significant opportunities that comes with the #MonthOfGood season. To better understand the behaviours of people who observe Ramadan and who shop for this season, Meta has released the results of its annual global consumer research which was conducted in partnership with YouGov, a global public opinion and data company.

How Not To Write Rebuttals

By Segun McMedal

For years, I've suppressed my reservations over the structure, wording, and choice of words used in writing rebuttals in the public domain. However, I couldn’t resist writing about the recent one involving the Supreme Court and Faroq Kperogi.

OPPO unveils new 6G white paper examining the future of world mobility

OPPO has officially released its new 6G white paper - A Versatile 6G with Minimized Kernel: To Build the Mobile World. Drawing on OPPO's forward-looking research and exploration into 6G, the white paper proposes an innovative ‘versatile 6G system with minimized kernel’ that aims to provide a more actionable solution for the next generation of mobile communication systems. The proposed system “modularizes” 6G capabilities and intelligently “splices” different capability modules according to the specific needs of any given scenario. This will enable 6G networks to be more adaptable and efficient when providing the underlying communications support for the convergence of masses of devices and networks in the future.

Call for Applications: Small Grants for African Heritage Projects

The Heritage Management Organization (HERITΛGE) has launched a new call for concept notes for small grants between $5,000 and $50,000 for startups, groups, and individuals working with heritage in Africa.

Why AfDB Group, Japan signed exchange of notes for $350 million private sector assistance loan

The African Development Bank (AfDB) and Japan have signed an exchange of notes for an eighth private sector assistance loan from Japan to finance the Bank’s private sector operations.

DHL delivers country’s first Formula E race to Cape Town

DHL is pioneering green logistics and cutting-edge, eco-friendly freight solutions as a founding partner of Formula E. The race will include the highly anticipated Gen3, the fastest, most powerful, and efficient electric race car ever built. Using biofuels for all road and sea freight, DHL will travel over 89,000 kilometres for the entire season, moving approximately 415 tons of valuable freight per race.

New Neobank, Sofri Saving Nigerians From Failed Banking Transactions Since Cashless Policy

Since the aftermath effect of the cashless policy, Nigerians have had a terrible time experiencing successful banking transactions made through their mobile apps and debit cards. More often, one would need to say a prayer before initiating a transaction and then hope that it goes through and doesn’t come back. 

10 Years of LG OLED: A Decade at the Top and No Sign of Slowing Down

This year, LG OLED celebrates its 10th anniversary – a monumental achievement that owes much to LG’s tenacity and innovative spirit. It was in 2013 that the company first introduced OLED TV to the world, overcoming a variety of technical difficulties and much scepticism from industry experts. When others turned to other technologies, LG saw an opportunity to usher in a new era for television by investing heavily in this unchartered territory, and the rest is history. LG OLED has evolved into a mainstay of the premium TV market in just 10 years through its unmatched contrast which enables perfect blacks and true-to-life colours, as well as its unprecedented flexibility and thinness.

Bolt Surpasses 1 Billion Rides in Africa, to Invest Over €500 Million Over Next Two Years

Bolt, the leading mobility app in Africa, has announced plans to invest €500 million in its operations on the continent over the next two years. The funds will be used to expand Bolt services in Africa and create opportunities for over 300,000 new drivers and couriers to join the platform in 2023.

Mastercard Trust Centre partners with Nigerian fintech startup NowNow to improve cybersecurity for SMEs

Mastercard has partnered with Nigerian digital payment startup NowNow, to help SMEs reduce the risk of cyberattacks.  

EziPay partners with MFS Africa to enable remittances across Africa

Award-winning, intra-African, cross-border remittances and digital wallet company EziPay, has partnered with MFS Africa, the continent’s leading digital payments gateway, to bring last-mile connectivity for remittances and collections to and from mobile money wallets and bank accounts in Africa.

Cross Switch Acquire 50% stake in Vantage Payment Systems

Vantage Payment Systems, Cross Switch (www.Cross-Switch.com) and Equity Invest are pleased to announce that Cross Switch has acquired a 50% stake in Vantage Payment Systems. Financial details of the private transaction were not disclosed.

9mobile, Ahmadu Bello University rekindle Decade Long Strategic Partnership

Nigeria’s innovative and youth-friendly telecommunications company, 9mobile has announced the renewal of its strategic partnership with the prestigious Ahmadu Bello University (ABU), Zaria. This announcement was made during a recent visit of 9mobile's leadership team to the institution. This partnership first established 10 years ago, has been revitalized to bring new and exciting opportunities to the institution and the learning community.

Stanbic IBTC Insurance Highlights Benefits of Life Insurance Policy

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings Plc, has urged Nigerians to purchase life insurance policies to help secure the financial future of their loved ones. Akinjide Orimolade, Chief Executive of Stanbic IBTC Insurance Limited, said in a statement that the benefits of obtaining life insurance policies through Stanbic IBTC Insurance Limited include securing the financial future of their loved ones, prompt payment of claims to beneficiaries, product flexibility, access to expert financial advisors and quality professional services.

Bisi Onasanya Bags Honorary Doctorate Degree

…Donates Cash Gift to FUOYE’s Best Accounting Student

The Chairman and Founder of The Address Homes, Dr Stephen Olabisi Onasanya has been conferred with an Honorary Doctorate Degree (Honoris Causa) in Finance at the 7th Convocation ceremony of the Federal University, Oye-Ekiti (FUOYE) held at the Main Campus, Oye-Ekiti, Ekiti State on Saturday, February 11, 2023.

Radisson Hotel Group announces its 9th hotel in Nigeria with the signing of the first Radisson Collection in Abuja

Radisson Hotel Group is bringing its luxury lifestyle brand, Radisson Collection, to Abuja, Nigeria’s capital city and governmental powerhouse. Radisson Collection Hotel & Conference Center, Abuja Nigeria marks the Group’s 9th hotel and 3rd Radisson Collection in the country, placing it firmly on track to achieve 15 hotels in Nigeria by 2025.

Burna Boy, Jewel, Tems, Other Entertainers Headline 2023 NBA All-Star Weekend

...NBA All-Star Game on Sunday, Feb. 19 to Feature Afrobeats-Themed Halftime Show

The National Basketball Association (NBA) announced that three Nigerian superstars – GRAMMY Award-winning singer, songwriter and record producer Burna Boy, 2023 GRAMMY Award-winning singer and Oscar-nominated singer and producer Tems and rapper and singer Rema – will headline the NBA All-Star Game 2023 halftime show with an Afrobeats-themed performance.  

Zedvance Celebrates Valentine’s Day With Free Medical Check-ups, Sensitization Programme For Customers

In celebration of love and appreciation for its customers on Valentine’s Day, Zedvance Finance Limited, one of the leading consumer finance companies in Nigeria, organized a free heart check-up, medication, and sensitization programme for its new and existing customers across the country.

Ride, Love, and Eat with Bolt This Valentine’s Day

The most romantic day of the year is upon us and we can feel the love in the air. How do you plan to spend the day? With your friends, family, or loved ones 😉?

Lagos State Government unveils Lateef Jakande Leadership Academy Pioneering Fellows

...to unleash the potential of the next generation of leaders through the Academy 

 

On Saturday, 11th February, Lagos State Government officially launched the Lateef Jakande Leadership Academy. The academy is a one-year fellowship programme initiated by the Lagos State Governor, Babajide Olusola Sanwo-Olu. The official Launch took place on the 2nd year anniversary remembrance of the Late Lateef Jakande. The Leadership Programme will offer life-changing, nonpartisan and meritocratic opportunities to young Nigerians who desire to impact their generation through Public Service. 

Zoho launches new collaboration technology

Zoho Corporation, a leading global technology company, has announced the launch of its unified communications platform Trident. The company also revealed that the platform has strengthened collaboration technologies to offer businesses easier ways to communicate across channels, reduce tool ambiguity and improve an organisation's overall digital adoption.

African Development Bank appoints Omar Sefiani Acting Director of the Treasury Department

The African Development Bank has appointed Omar Sefiani as Acting Director of the Treasury Department, effective 1st November 2022.

LIRS, FIRS Sign Pact on Exchange of Information, Joint Tax Audit

The Lagos State Internal Revenue Service (LIRS) and Federal Inland Revenue Service (FIRS) have signed a Memorandum of Understanding on the exchange of information and implementation of a joint tax audit and investigation exercise.

Bamboo secures digital broker license from Securities & Exchange Commission in Nigeria

Bamboo Systems Technology Limited (“Bamboo”), Africa’s leading online brokerage firm, announced today that it has been granted a digital sub-broker license from Nigeria’s Securities & Exchange Commission (SEC), allowing the company to operate in the Nigerian capital market as well as include Nigerian securities on its platform.

For the love of music: How Spotify’s 100 Best African Love Songs playlist was built

The perfect playlist will act as the soundtrack to all the moments in your life- whether you’re getting amped for a huge week, feeling the blues or celebrating your city. 

Stanbic IBTC Restates Support for Business, Economic Growth

Stanbic IBTC Bank has restated its commitment to support business growth in 2023 through its array of tailor-made financial solutions.

Olaseni Alabede joins MFS Africa’s Global Technology Partners as new CTO

Olaseni Alabede, a veteran of the payments technology sector with more than 18 years of experience, has joined Global Technology Partners (GTP), an MFS Africa company, as chief technology officer (CTO). 

Canon launches its lightest full-frame EOS R System camera

Canon Europe announces the EOS R8, a new full-frame mirrorless camera, which inherits technology from the feature-packed EOS R6 Mark II. With a compact design similar to the EOS RP, this powerful combination gives photo/ video enthusiasts and students the tools they need to make the leap with their passion.

Egbin Power Inducts Graduate Engineers, Tasks Them On Innovation

In line with its commitment to sustainably drive human capital development in the power sector, Egbin Power Plc has inducted twenty-seven young Engineers after successfully completing the company’s Graduate Engineering Programme.

Winners emerge in ‘Need It Own It’ monthly series campaign

Who needs their home Audio upgraded to a new one! We all know the feeling when you get a surprise package you least expected. LG Electronics has continued with its Need it, Own it series from January to December 2023 where everyone can be a winner of LG Audio products such as; Soundbar, XBOOM and Home Theatre Systems.

Digital Cooperation Organization Set to Host Second General Assembly in Riyadh

...Aim to notarize international cooperation between govts, enhance global collaboration on the digital economy

 

The Digital Cooperation Organization (DCO) will host the 2nd General Assembly in Riyadh, Saudi Arabia, on the 5th of February, bringing together DCO Member States to discuss strategic directions and initiatives to enable digital prosperity for all nations. Ministers representing the 13 DCO member states, along with high-level delegations from DCO observers, as well as representatives from guest countries and international organizations will convene for the General Assembly, to discuss the state of the digital economy and the challenges facing all nations in achieving equitable global digital growth and development.

LG Electronics Donates “Gencool, Artcool Inverter” Air Conditioning Units, Mosquito Nets to Gbagada General Hospital Lagos

The General Hospital Gbagada received air conditioners and Mosquito Nets, a donation from LG Electronics, a global leader in consumer electronics. In accordance with the needs of the hospital, this donation is intended to improve the conditions of patients and staff, providing means for more efficient work of the administrative office. The donation is part of LG Electronics strategy for corporate social responsibility and concern for society.

Stanbic IBTC Bank Nigeria PMI: Employment growth quickens amid efforts to deal with workloads

The Nigerian private sector registered a slight loss of growth momentum in January. Output and new business continued to rise markedly, but at softer rates than at the end of 2022. On a more positive note, firms raised employment at the fastest pace since June 2018 as part of efforts to complete work on time. On the price front, rates of inflation of input costs and output prices softened in January, but remained elevated. Analysis by Stanbic IBTC Bank showed that the headline figure derived from the survey is the Purchasing Managers’ IndexTM (PMI). 

Bank of Nevis International Becomes First Caribbean Bank to Launch Tookitaki Anti-Money Laundering Tech

Bank of Nevis International Ltd. (BONI) (www.BONILtd.com), a leading provider of holistic wealth management and portfolio management services for clients from around the world, has partnered with Singapore-based Tookitaki to become the first Caribbean bank to launch the tech firm’s award-winning Anti-Money Laundering Suite (AMLS).

Meet the Players for 2023 NBA Jordan Rising Stars

Four Seven-Player Teams to Compete in a Mini-Tournament on Friday, Feb. 17 at NBA All-Star 2023 (9 p.m. ET/7 p.m. MT, TNT); NBA Rookies and Sophomores to Be Drafted onto Three Teams; NBA G League Players to Comprise Fourth Team, NBA Legends Pau Gasol, Joakim Noah, Jason Terry and Deron Williams to Serve as Honorary Head Coaches.

Mouka Partners with GNOSIS Help Initiative In Providing Succor for Victims of Domestic Violence and Abuse

Mouka, Nigeria’s preferred brand of mattresses, pillows and other sleep products, has comforted domestic violence and abuse victims by providing free mattresses to GNOSIS Help Initiative, a non-governmental organisation (NGO). In line with its mission of adding comfort to life, Mouka has helped improve the living condition of these displaced persons sheltered by the NGO.

Equatorial Guinea Appoints Antonio Oburu Ondo as Minister of Mines and Hydrocarbons

...Gabriel Obiang Lima Moves to Minister of Finance, Economy and Planning

In a recent cabinet shuffle, Equatorial Guinea’s President, H.E. Teodoro Obiang Nguema Mbasogo, has appointed Antonio Oburu Ondo, former Managing Director of national oil company GEPetrol, as the Minister of Mines and Hydrocarbons, with Gabriel Mbaga Obiang Lima – current President of the Organization of Petroleum Exporting Countries and the Gas Exporting Countries Forum - moving to the Ministry of Economy and Planning.

Summit focuses on impact of data mining, policy shift on marketing, consumers

The fourth edition of ‘The Industry Summit/Awards’ has released the theme and topics for the 2023 summit, which focuses on the effective usage of data for intelligence in marketing and the impact of government policy on fast-moving consumer goods.

PR Practitioners Must Embrace Innovation to Grow the Industry – Folusho Phillips

The Chairman of Phillips Consulting Limited, Mr. Folusho Phillips, has urged Public Relations practitioners on the need to embrace innovation in other to stay relevant in the industry. As consultants, it is important to be aware of their role as role models who should be rendering tangible services, building institutions and also innovating as there is a huge paradigm shift taking place every day, he noted.