Thursday, January 29, 2026
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Business

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

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NIPR Postpones Annual PRICE Awards to Jan 25, 2026

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ICT

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Capital Market

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Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

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Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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NGX Expands Market Offerings with Introduction of Commercial Paper Listings

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Insurance

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

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

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

Business

Repton Group Wins 2025 Dangote Cement Largest Distributor Award

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MTN: The Best Mobile Internet Performance in Nigeria 2025

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ICT

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Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

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Stockbrokers, Securities Dealing Houses Congratulate NGX on N100tn Market Capitalisation

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Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

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Insurance

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

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Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

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Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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SanlamAllianz Takes Financial Education to Lagos Markets

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Commonwealth Candidate, Masambu, Elected DG of ITSO

Patrick Masambu, a Uganda citizen and former chairman of the Council of the Commonwealth Telecommunications Organisation (CTO) has been elected director-general of the US-based International Telecommunications Satellite Organisation (ITSO).

Mr. Masambu was the only Commonwealth candidate for the position. A former communications regulator for Uganda, he brings to the role over 30 years of experience, including over six years as ITSO’s current deputy director-general and director of technical affairs. He is the first sub-Saharan African to be elected to the position.

During his time as chairman of the CTO Council on behalf of Uganda, Masambu presided over important transformations to turn the CTO into a more member-centric organisation.

“The election was exciting with three strong candidates. I am delighted to see Patrick elected. He brings tremendous experience to ITSO and I look forward to working with him,” said the CTO’s secretary-general Shola Taylor shortly after Masambu’s election.

Shola Taylor (right), secretary-general of CTO congratulating Patick Masambu (left), director-general of ITSO

In his acceptance remarks, Masambu thanked all ITSO members for their support and looked forward to partnerships with international and regional organisations, including the CTO, in areas such as capacity building, to achieve the objectives of ITSO.

The Honourable Frank Tumwebaze, Uganda’s Minister of Information Technology & Communications equally thanked all the member states and also Mr. Taylor SG for the excellent support given to Uganda to improve the ICT sector in Uganda.

ITSO’s mission is to:

  • Ensure the performance of Core Principles for the provision of international public telecommunications services, with high reliability and quality
  • Promote international public telecommunications services to meet the needs of the information and communication society
  • Protect the ITSO Parties’ Common Heritage

For the CTO, it is important that Commonwealth values and shared interests are represented at the highest level in international forums, in order to strengthen the position of the Commonwealth.

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