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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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NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

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Insurance

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

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Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

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CIIN Concludes Insurance Week 2026 with Awards Galore

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Business

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Insurance

AIICO Insurance Drives Community Health Impact with Malaria Prevention Outreach in Oyo State

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Glendora, Red Star Express Partner over King’s College History Book

The King’s College Old Boys’ Association Centenary Committee recently signed agreements with Glendora International Limited and FedEx Red Star Express to distribute copies of the history of King’s College, titled ‘Floreat Collegium 100 Years of King’s College, Lagos.’

The Contract permits Glendora to handle the sales and distribution of the books, while FedEx Red Star Express handles the delivery of the books to interested buyers nationwide.

This means the books are now available at all Glendora Bookshops at Jazzhole,168 Awolowo Road, Ikoyi, Ikeja City Mall, MM2 & Muritala Mohammed International Airport, Eko Hotel, Victoria Island, Lagos, Nnamdi Azikiwe International Airport, Abuja. Arrangements have also been concluded with FedEx Red Star Express to provide information and distribute copies of the book through all 165 outlets nationwide.

According to Chairman, Centenary Publication, Prince Tola Sotinwa, “the book is of deep historical value not only to past and present staff and students of King’s College, but to all Nigerians. So significant have the achievements of the College been throughout its existence, that in 2009, the United Nations Educational Scientific and Cultural Organisation (UNESCO), thought it fit to celebrate the Centenary of King’s College, Lagos.

The celebration was flagged off at the UNESCO’s 34th General Assembly held in Paris, France in 2007 and was the first time a secondary school in Africa would be so honoured. In affirmation of the primacy of place of the institution, the 100th Foundation Day Lecture was delivered at the Tafawa Balewa Square, Lagos Campus of the College by the then Director General of UNESCO, Mr. Koichiro Matsuura”.

Also speaking on behalf of FedEx Red Star, the Marketing Manager of the company, Mrs Ngozi Ochokwu said: “We are glad to have been part of this. Red Star is committed to safe and proper delivery of goods, and in this case we will ensure the centenary books are properly handled till they get to interested buyers nationwide. We will make them available at all our outlets for easy purchase. With this partnership, we hope to support Glendora and Kings College Old Boys Association impressively.”

About Red Star Express
Red Star Express Plc, is a premium logistics solution provider in Nigeria in area of revenue, network coverage and market share in the domestic and international market.

It enjoys a domestic strength of 169 offices in Nigeria, delivers to additional 1,500 communities, over 1400 highly trained personnel and over 500 vehicle fleet. It operates as the Nigerian licensee of FedEx, which is the world’s largest express transportation company, providing fast and reliable delivery to more than 220 countries and territories around the world.

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Citing rising level of non-performing loans at 15.7 per cent and commercial banks’ borrowing from their central banks at nine per cent of liabilities in the West African Economic and Monetary Union (WAEMU), the International Monetary Fund (IMF) has strongly advocated increase in banks’ capital adequacy requirements to maintain sound financial stability for regional economic growth. The Fund observed that while the average capital adequacy ratio of banks (9.3 percent) was above the minimum required (8 percent) at the end of June 2014, it was however lower than the minimum required in half of the countries in the region, just as the level of non-performing loans reached 15.7 percent of total loans.

Gartner Lists Top 10 Corporate Technology Trends for 2016

Gartner defines a strategic technology trend as one with the potential for significant impact on the organisation. "Gartner's top 10 strategic technology trends will shape digital business opportunities through 2020," said David Cearley, Vice President and Gartner Fellow. "The first three trends address merging the physical and virtual worlds and the emergence of the digital mesh. While organisations focus on digital business today, algorithmic business is emerging. Algorithms - relationships and interconnections - define the future of business. In algorithmic business, much happens in the background in which people are not directly involved.

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