Tuesday, March 3, 2026
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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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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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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

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

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Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

Transnational Corporation Plc, the Debt Management Office, CardinalStone, Chapel...

Insurance

AIICO 2026 Agency Retreat Honours Outstanding Sales Champions

Mrs. Ego Uzochukwu (Award Winner, centre); flanked on her...

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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Love That Protects: AIICO Takes Valentine’s Message to the Streets

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Business

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

President Bola Ahmed Tinubu has commended the signing of...

Tinubu Hails BOI on N636bn Loan Disbursement to Businesses in 2025

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Reputation Economy: How Nigerian Brands Won, Lost Public Trust in 2025

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

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Repton Group Wins 2025 Dangote Cement Largest Distributor Award

…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

ICT

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX RegCo Issues Advisory on Recent Price Movements, Urges Informed Trading

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

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NGX GMD, Temi Popoola, Seeks Collaborative Alignment to Drive Sustainable Capital at IFC Confab

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Transcorp, DMO, MTN, Dangote Cement, CardinalStone, among Winners at NGX Made of Africa Awards

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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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Love That Protects: AIICO Takes Valentine’s Message to the Streets

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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

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