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Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

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Wines of Canada Debuts in the Nigerian Market

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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Capital Market

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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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NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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SanlamAllianz Takes Financial Education to Lagos Markets

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

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Business

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Insurance

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GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

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ITU Re-elects Houlin Zhao as Secretary-General for 2nd Term

Member States of the International Telecommunication Union (ITU) have re-elected Houlin Zhao of China as ITU Secretary-General during the Union’s 20th Plenipotentiary Conference (PP-18) in Dubai, United Arab Emirates.

The election took place in Dubai, United Arab Emirates, during the plenary session of the PP-18 conference yesterday. Zhao won the position with 176 votes from 178 ballot papers d​​eposited. He contested the position unopposed.

Zhao, an information and communication technology (ICT) engineer who has served in a variety of senior management positions at ITU, will begin his second, and last, four-year term on 1 January 2019.

“We continue to connect the unconnected,” says Zhao. “We are strengthening partnerships to implement our common vision of a connected world, where information and communication technology is a source for good for everyone everywhere.”

Prior to first being elected as ITU Secretary General in 2014, Zhao served eight years as ITU Deputy Secretary-General. He also served two elected terms as Director of ITU’s Telecommunication Standardization Bureau (TSB), which develops technical standards to ensure worldwide ICT interoperability. Before that, he was a Senior Counsellor with TSB for 12 years.

“Since being elected Secretary-General of ITU in 2015, Houlin Zhao has attained marked achievements in overcoming the challenges that ITU faces in advancing its work and activities by way of promoting reform and innovation,” said Wei Miao, Minister of Industry and Information Technology of the People’s Republic of China in putting forward Zhao for re-election as ITU Secretary-General.

“His pragmatism and spirit of teamwork has been widely recognised. We are confident that Zhao will undoubtedly … continue to lead ITU in playing an even more important role in the worldwide development of information and communication technologies.”

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