Sunday, October 19, 2025
29.4 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...

9mobile Seeks Partnership with Cross River State to Accelerate Development, Growth in the State

L-R: Commissioner of Finance, Cross River State, Mike Odere; CEO, 9mobile, Juergen Peschel, and Director of Institutional Banking, Royal Bank of Scotland International Edinburg, Bryan Fashola during a panel session on “Infrastructural Revolution in Emerging Markets – Accessing PPP Financing for Sustainable Development” at the International Cooperation and Investment Summit, which held in Calabar recently.

Nigeria’s innovative telecommunications company,9mobile, has said it will partner with the Cross River State government to accelerate development and growth in the State.

This proposal was made by the Chief Executive Officer of 9mobile, Juergen Peschel, during a business meeting with the Governor of Cross River State, Senator Prince Bassey Otu, on the sideline of the International Cooperation and Investment Summit, which was held in Calabar recently.

Peschel informed the Governor that 9mobile is open to partnership with his administration and will offer simple, straightforward services of benefit to the State. He presented details of the telco’s proposed partnership: “We propose to build a data center that will be instrumental in hosting any government data and form the basis of digitalizing administrative processes. This will be one of the enablers of improving security in the State and will be based on the ‘Build, Operate, and Transfer Model’. This centre will also help educate and partner with universities to deepen learning”.

He explained further that data centres are vital to global connectivity and the continuity of daily business operations. He said that the benefits of having the data centre would be to support business applications and provide services such as data storage, management, backup and recovery, productivity applications, such as email, high-volume e-commerce transactions, powering online gaming communities as well as big data, machine learning, and artificial intelligence which will be beneficial to the State.

In addition, 9mobile also offered to provide electronic governance and contribute to the digitization efforts of the government, including the digitalization of the government’s administrative processes for better service delivery.

While receiving the 9mobile delegation, the State governor, Senator Prince Bassey Otu, said the State is an investment-friendly place and is an ideal hub for investment within the South-South zone. He praised 9mobile for being a worthy partner, saying he was pleased with the offer of further investment in the State through the proposed PPP projects.

Through participation in PPP, 9mobile will contribute its expertise, resources, and investment by bringing employment opportunities to Cross River State. Business owners and entrepreneurs get access to affordable and seamless connectivity.

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

NAICOM, ISAN Explore Collaboration on Insurance Regulation, Growth in Nigeria

  Members of the Independent Shareholders Association of Nigeria (ISAN)...

Qatar Airways to Launch Longest Flight in History

Qatar Airways may be about to launch the longest...

Africa Finance Corp Secures $150m Loan from German Bank

In a statement published on June 22, Africa Finance...

Starcomms: Baiting Air Travellers with Phone Rental Service

In a bid to ease communication challenges of international...

MOHBAD’S DEATH: RETHINKING INSURANCE FOR ENTERTAINMENT INDUSTRY

By Tope Adaramola It’s not news anymore that the death...

Nigeria Needs $3tr to Plug Infrastructure Gap

Mr. Andrew Alli, President/CEO, Africa Finance Corporation (AFC), says...

Peace Akhibi Wins 2021 NYSC Essay Competition

By Fabian Ekeruche Miss Peace Akhibi, a Corps member serving...

Nigerian Insurance Brokers at BIBA Conference 2022

L-R: Mr Ayo Akande, Hon Treasurer of The Nigerian...
Exit mobile version