Sunday, October 19, 2025
24.4 C
Lagos

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

2 Nigerians Emerge Winners in ITU 2020 Innovation Challenge

The 2020 edition of the International Telecommunication Union’s (ITU) Global Innovation Forum, held from 26 to 30 October, highlighted the critical role of entrepreneurship-driven innovation in the context of a global pandemic and it honoured the winners of the 2020 ITU Innovation Challenges.

“Supporting entrepreneurship-driven innovation has never been more important,” noted ITU Secretary-General Houlin Zhao. “Simply put, innovation pushes the boundaries of what is possible. It creates jobs, economic growth, and new ways to tackle the world’s most pressing challenges, including the COVID-19 pandemic. ICT innovators need access to the resources to take their ideas to market and access to a well-developed broadband infrastructure.”

While digital technologies have the potential to change lives and significantly accelerate sustainable development, many communities lack access to an enabling environment as key stakeholders often fail to understand, develop and renew the competitive practices that fuel digital transformation. Furthermore, the COVID-19 pandemic has created additional challenges for countries’ transition to a digital economy by negatively affecting socio-economic conditions worldwide.

“Entrepreneurship-driven innovation has been a rising priority for ITU stakeholders since the 2014 World Telecommunication Development Conference in Dubai,” said Doreen Bogdan-Martin, Director of the ITU Telecommunication Development Bureau. “This forum enabled participants to share insights and discover new practices. By bringing diverse stakeholders to connect with change-makers for more action-oriented outcomes, we hope that symbiotic relationships will develop to ensure sustainable and competitive digital ecosystems that unlock communities’ potential.”

During the five-day event, 175 experts in innovation, entrepreneurship and technology discussed how to accelerate digital transformation in their communities, mainstream entrepreneurship and find resources required for digital innovation, and bring resource, problem and solution owners together to achieve digital inclusion.

 

Winners of the 2020 ITU Innovation Challenges

The forum concluded with an awards ceremony honouring the 20 winners of the 2020 ITU Innovation Challenges and a virtual pitch session of seven winning projects to a global audience of experts.

Twelve women and eight men received awards across three challenge categories: The digital change-maker, ecosystem best practice, and women in tech.

Tafadzwa Ronald Chikwereti (Zimbabwe), Carlos Eduardo Mosquera Reyes (United States), Mojca Karin Rehar (France), Ikechukwu Umezurumba (Nigeria), James Gachara Kiruri (Kenya), and Thomas Müller (South Africa) won  the digital change-maker challenge category.

In the category of the ecosystem best practice challenge, the following contenders won: Dominic Chidiebere Nwaogu (Nigeria), Diana Artiom (Moldova), Nahel Muhammad Amirah (Egypt), Ivana Kostic (Serbia), Galina Dremova (Russia), Wilda Romadona (Indonesia), Laila Abdullah Khasib Al Hadhrami (Oman), Zainab Khan (Pakistan), and Franca Vinci (Italy).

Finally, the winners of the women in tech challenge category were: Nindya Miesye Agita Pasaribu (Indonesia), Calister Apollonary Simba (Tanzania), Achia Khaleda Nila (Bangladesh), Rani Mutiarawati (Indonesia), and Nabuyuni Ann Sankan (Kenya).

Hot this week

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing

In a strategic move to advance Nigeria’s shift toward...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

NBS: Nigeria’s Inflation Falls to 18.02% in September, Lowest Level in Three Years

Nigeria’s headline inflation rate fell for the sixth consecutive...

NUPEMCO Marks 2025 CSW with Nationwide Pension Awareness Activities, Huawei-Supported National Essay competition

The Nigerian University Pension Management Company (NUPEMCO) celebrated the...

Topics

Broadband Commission: World Leaders Should Harness ICTs to Drive Dev

The Broadband Commission for Sustainable Development has issued a statement urging...

UN: $910m Urgent Aid Required for North-East in 2025

 A total of just over US$ 910 million is...

Bharti Airtel: 72% Net Profit Fall Powered by Forex, Africa Acquisition

Sunil Bharti Mittal Chairman/Group CEO Bharti Airtel India's Bharti Airtel has reported...

IATA Names Alexander Juniac as New DG/CEO

The International Air Transport Association (IATA) announced leadership changes...

NIA Plans Greater Contribution of Insurance to Economy

The Nigerian Insurers Association (NIA) says it is working...

RedStar Express Commences Express Grocery Service

Red Star Express Plc, one of Nigeria’s foremost logistics...

Insurers, Shareholders Condemn NAICOM over N20bn Capital Base

Chief executives of insurance companies and shareholder groups have...

Heritage Bank CEO: ‘SMEs Need Digital Identity to Access Credit’

The Nigerian government must resolve the identity management system...
Exit mobile version