Features

Jul42018 by EditorNo Comments

Glo: Schools Urged To Boost Learning With Internet

Globacom has implored on school proprietors all over the country to get acquainted with ultra-modern products and services, specially designed by the network for them to elevate the boundaries of education in Nigeria. This was made known by Mr Tega Agofure of Enterprise Projects and Innovation, Globacom, at the National School's Fair in Lagos rcecntly, while delivering a paper titled 'Solutions for Educational Institutions in Nigeria'. He stated that as the national carrier, Globacom is beyond capable, and stationed to improve the education sector, with technologies that would deliver strategic solutions to challenges faced. He further urged school proprietors to ensure that every school has internet connections, to enable the students benefit from the wide-range of unending opportun...

Jul32018 by EditorNo Comments

Total Nigeria Eyes Growth Opportunities

Energy/Oil & Gas, Features, Inside, News

The Chairman, Total Nigeria Plc, Mr Stanislas Mittelman, has said the company envisages that 2018 will provide opportunities for growth, investment and consolidation. Mittelman stated this at the company’s 40th Annual General Meeting in Lagos, where shareholders approved a final dividend of N4.75bn proposed for the financial year ended December 31, 2017, representing N14 per share. The company had earlier distributed the sum of N1.02bn as interim dividends, representing N3 per share. The chairman described 2017 as an arduous year for the company and the nation, saying security remained a major concern. “We commenced the year in a recession (the first in 25 years) with inflation at 18.9 per cent and we saw a near 40 per cent devaluation of the naira.” He said the state of the

Jun192018 by EditorNo Comments

EFInA Sees Huge Fintech Opportunities in Nigeria

Features, Innovation, Inside, News, TECHNOLOGY

The Enhancing Financial Innovation and Access (EFInA) has raised the hopes about huge market opportunities for Financial Technology (Fintech) companies in Nigeria. At a forum it organised in Lagos, EFInA, a financial development organisation funded by DfID and Bill and Melinda Gates Foundation, said to really explore the opportunities in underserved and unserved areas in the country, Fintech operations can be expanded to accommodate them. EFInA, launched in 2009, disclosed that through its Innovation Fund, it targets the economically deprived population, saying the fund shares risks with Financial Service Providers (FSPs) by providing grant subsidies through the Technical Assistance Grant and the Innovation Grant to the amount of $250,000 and $2,000,000 respectively. The focus are...

Jun62018 by EditorNo Comments

Firm to Partner Nigerian Companies on Global Best Practices

Business, Features, Inside, News

The new Country Director for Great Place To Work Nigeria, an affiliate of Peoples Productivity Solutions (PPS) Africa, the parent company of Great Place to Work UK, Dr. Gonzalo Shoobridge, has pledged the company’s commitment to partnering with Nigerian companies on global best practices. Great Place to Work is a global research, consulting and training firm, which helps organisations identify, create and sustain great workplaces through the development of high trust workplace cultures. Shoobridge, who replaced Michael Thomas as Country Director for Great Place To Work Nigeria, said Great Place to Work UK will bring to bear on Nigerian organisations best global practices that conform to the UK and other European companies where the firm has operations. Speaking at the fifth aw

Jun52018 by EditorNo Comments

If You Cant Use It, Refuse It ( World Environment Day 2018)

Environment, Features, Health, Inside, Life, News

On the 5th of June, the world once again commemorates the World Environment Day. First held in 1974, it has been a flagship campaign for raising awareness for environmental issues, global warming, wildlife and pollution, encouraging global action to protect planet, and take ownership of their environment. This year’s theme “Beat Plastic Pollution” draws attention to the volume of environmental challenges generated by plastic waste. Plastic Pollution involves the accumulation of plastic products in the environment that adversely affects wildlife, wildlife habitat and humans; hence the theme urges all the stakeholders-producers and consumers, as well as policy makers to jointly explore sustainable alternatives and urgently reduce the production and excessive use of plastics, polluting our

May112018 by EditorNo Comments

Forbes Names Dangote Among World’s 75 Most Powerful

Features, Inside, News

Africa’s richest person and President of the Dangote Group, Aliko Dangote, has been ranked among 75 most powerful people on the planet, ahead of the Vice President of the United States of America, Mike Pence. According to the Forbe’s 2018 ranking of the World Powerful People, Dangote ranked among world leaders like the Chinese President, Xi Jinping; the Russian President, Vladimir Putin; and the President of the United States, Donald Trump, who were ranked first, second and third, respectively. The 61-year old Dangote was ranked the 66th most powerful person in the world ahead of Pence, who ranked 67, and Qamar Javed Bajwa, the highly influential Chief of Army Staff of Pakistan, who was ranked 68. Dangote is the only Nigerian on the list and the second African who made the list, w

Mar282018 by EditorNo Comments

Indian Businessmen Seek Partnerships in Nigeria

Business, Economy, Features, Inside, News

As part of efforts to boost business relations between Nigeria and India, over 100 Indian businessmen are expected to meet and develop partnerships with Nigerians at an exhibition which started yesterday Tuesday and to hold till Thursday. The exhibition, tagged: ‘Source India’, is organised by the Trade Promotion Council of India in association with the High Commission of India, Abuja with the support of the Nigeria-India Chamber of Commerce and Industry and the Lagos Chamber of Commerce and Industry, among others. The Director, TPCI, Mr. Sandip Das, stated that the exhibition, holding in Lagos from Tuesday to Thursday, would be the largest Indian business buyers and sellers’ meeting in Nigeria, and would feature products from machinery, automobile and components, food spices, Inform

Mar232018 by EditorNo Comments

FAAN Targets New Investments, Partnerships With ACI-Africa Conference

Business, Features, Inside, News

With over 300 delegates and participants from different African countries and the world set to attend this year’s Airport Council International conference (ACI-Africa) hosted by Nigeria, the Federal Airports Authority of Nigeria (FAAN) has expressed optimism of the country attracting foreign investments by way of public-private partnerships. Themed ‘Business Transformation for Sustainable Development of African Airports’, the Director, Commercial and Business Development, FAAN, Sadiku Rafindadi explained that the conference will further aid the advancement of human capacity development in the sector both in Nigeria and in the continent. Speaking during a courtesy visit of FAAN team to The Guardian, yesterday, Rafindadi said the event would draw experts from across the world, includin

Mar222018 by EditorNo Comments

SECUREX Shows New Security Technologies at Lagos Exhibition

Business, Features, Innovation, Inside, News, TECHNOLOGY

SECUREX West Africa, a reliable security exhibition firm in West Africa has organized a two-day event designed for individuals, corporate organisations, companies and more that are engaged in any form of commercial, homeland and cyber security. The exhibition, according to the organisers would be providing them with a platform to increase sales, showcase their latest technology innovations and services and promote their products to potential customers. During the opening ceremony of the two-day exhibition in Lagos yesterday, the regional Director Securex West Africa, George Pearson, said the exhibition is part of the portfolio of security shows in Africa. According to him, the event would showcase the latest technology and educate visitors on the current global trends within the i...

Mar122018 by EditorNo Comments

AFC Wins ‘Africa Power Deal of the Year’

Africa, Energy/Oil & Gas, Features, Inside, News

Africa Finance Corporation (AFC) has been named the winner of the Africa Power Deal of the Year in the Infrastructure Journal (IJ) Global Awards 2017 for its 80 megawatts peat to power project in Rwanda. The Project is expected to improve access to electricity for three quarters of the country’s population that is currently off the grid. AFC was the Mandated Lead Arranger for the project debt, and successfully arranged total senior debt facilities of $245 million, contributing $75 million of its funding to the facilities. Despite its status as one of Africa’s fastest-growing economies, only 25 per cent of Rwanda’s population currently has access to reliable electricity. The $350 million power plant will increase Rwanda’s installed capacity by 40 per cent. Scheduled for completi