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Business

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ICT

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

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Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

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Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

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Sovereign Trust Insurance Spreads Love with Fire Safety Drive

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Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

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Business

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

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Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

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UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

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Stanbic IBTC Nominees Celebrates 30 Years of Trust with Landmark Gala Event

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Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

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COMESA, Microsoft Promote Access, Skills, Innovation in 19 African Countries

The Common Market for Eastern and Southern Africa (COMESA) through the COMESA Business Council (CBC) and Microsoft have taken a step toward strengthening their working alliance by signing a Memorandum of Understanding (MoU), which sets out how they will collaborate in the areas of access to technology, development of relevant skills and the fostering of innovation in COMESA’s 19 member States.

This is in line with the Microsoft 4Afrika Initiative’s three core focus areas (World-class skills, Access and Innovation).

The MoU will promote access to technology to COMESA Member States based on a Trusted Cloud Infrastructure that focuses on the secure deployment of modern IT operations. It is also expected this collaboration will accelerate and promote the adoption of innovative high-speed low-cost connectivity initiatives, including through new policy approaches to spectrum management such as dynamic spectrum access.

It will also encourage the use of cloud technologies through the adoption of important enabling policies in the areas of cyber-security, data privacy and data protection.

Mr. Sindiso Ngwenya, COMESA’s Secretary General during the signing, said: “Business technology has revolutionized the way countries and firms conduct business. We are in an age where the planning processes of organizations is through instruments and solutions that promote quality management, and respond to age –old constraints of time limitations and high costs of operations.”

“Through Microsoft’s 4Afrika Initiative, we have been working to increase regional trade and the growth of the knowledge economy in Africa,” says Antony Cook, Associate General Counsel, Legal and Corporate Affairs Microsoft, Middle East and Africa.

“Through influential partnerships, such as the one with COMESA, we aim to scale across the region further to impact not just thousands, but millions.”

“Through this collaboration, we will bring policy makers and businesses together and empower them to take advantage of the cloud-first, mobile-first world.

With the right policies and regulations in place, people will be encouraged to use cloud technology, develop their own IP and ultimately participate in trade and e-commerce across borders. With innovative eGovernment services, citizens and businesses will additionally benefit from safe online transactions, open borders, efficiency and increased foreign investment,” adds Cook.

The implementation of the MoU will be the responsibility of the COMESA Business Council, as the voice of the private sector in the region.

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Lagos Shopping Festival 2O15 Set for Dec. 17

The maiden edition of Lagos Shopping Festival 2O15 is set for December 17, 18 and 19 at Tafawa Balewa Square [TBS], Lagos. The theme is: ‘Reinventing the Nigerian Economy via Non-oil Export.’ A statement by Prince Cookey, CEO, Lagos Shopping Festival 2O15, says the Festival is a bargain opportunity for shoppers and business opportunity for corporate organisations to showcase their products and services in the December shopping season. “December is undoubtedly the NO 1 shopping season in Nigeria. The Festival would be a showcase of consumer goods, financial/insurance services, machinery, automobile and food etc. The essence is to provide consumers the unique opportunity of shopping for a wide range of goods and services at bargain prices while enjoying rare combination of music and entertainment at the venue.”
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