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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

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Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

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FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

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Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

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Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

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Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

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ICT

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Capital Market

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FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

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Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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Lenovo Begins Manufacture of Smartphones in India

Lenovo has announced that it will start the local manufacturing of smartphones in Sriperambudur, Chennai. For the current financial year, Lenovo and Motorola will generate a capacity of six million units.

The Moto E has already started rolling out from the plant and the K3 note will follow very soon. “Lenovo is not new to manufacturing in India. We recognised the potential of India and we invested in PC manufacturing several years ago. Lenovo’s investment in the new manufacturing plant represents the potential we see in the Indian market and our long term commitment to our customers,” said Chen Xudong, President MBG Group, Lenovo and Chairman Motorola Mobility Operating Board.

“In the past 10 years, our brand has grown manifold in India. We are excited to expand our presence and tap into India’s competent talent pool that will enable us to develop cutting-edge products for our customers across the world.”

The campus will house 1500 employees for manufacturing lines, quality assurance, product testing, etc. Both Lenovo and Motorola will have
separate manufacturing lines at the same facility.

“The Indian Government’s thrust on ‘Make in India’ has opened up a plethora of opportunities for organisations looking to conduct business in India”, said Amar Babu, COO, Asia Pacific and Chairman, Lenovo India.

“Currently for smartphones, India is the third largest smartphone market in the world, according to IDC and we believe this an opportune time. Lenovo is transforming into a global consumer technology brand by differentiating itself on innovation and design.

Today’s announcement reiterates India’s strategic importance in Lenovo’s global strategy and we are confident that this will propel Lenovo to its next phase of growth, diversifying beyond PCs into smart connected devices.”

The Lenovo and Motorola brands have seen huge success in India and have come back to manufacture in India in support of the ‘Make in India’
initiative. Both companies have started integrating the manufacturing and supply chain operations and are working towards to combining many backend operations as well.

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Topics

NAICOM, NCAA Inaugurates Committee on Aviation Insurance

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