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Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

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Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

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Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

Nigeria’s foremost advertising leader and Chairman of Troyka Holdings,...

Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

L-R:    Michael Ani, Manager, Investor Relations, Dangote Cement; Oluseyi...

Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

The Honourable Minister of Finance and Coordinating Minister of...

Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

Niteon, one of Nigeria's largest digital export marketplaces, has...

FG Boosts MSME Financing with NCGC Initiative

In a bid to boost economic growth and development,...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

The Director General of the Securities and Exchange Commission...

ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

The Securities and Exchange Commission (SEC) has unveiled plans...

SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

Graduating Cadets of the Nigerian Defence Academy (NDA) have...

SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

The Director General of the Securities and Exchange Commission...

SEC DG: Digital Assets Represent $10tn Opportunity by 2030

The Director General of the Securities and Exchange Commission...

Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

L-R: Managing Director, Leadway Assurance, Gboyega Lesi; Publisher, BuisnessDay...

Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Microsoft, Angola Cables Drive Africa Digital Transformation

Angola Cables announced yesterday that it has become a Microsoft ExpressRoute partner to meet the needs of Africa-based organisations migrating business applications and IT infrastructures to the cloud and accelerating digital transformation on the continent.

Taking advantage of the Microsoft Azure cloud platform, Angola Cables has created ACloud Connect to provide dedicated, high-quality connections to a worldwide network of 42 Azure regions offered by Microsoft, and connectivity to Angonap, Angola Cables’ data centre located in Luanda.

Predictable Performance
As one of the world’s most trusted and flexible enterprise-grade cloud computing platforms, Azure allows organisations to extend on-premises networks into the cloud over a private connection. Because ExpressRoute connections do not go over the public internet, customers experience reliable, fast and more predictable connectivity than conventional connections.
Offering dedicated Ethernet links between customers’ infrastructures and Azure’s data centres– as well as running one of the world’s most advanced IP / MPLS backbones – Angola Cables ACloud Connect will interconnect Africa and the rest of the world. Expected to be available in November 2017, Angola Cables will initially concentrate on servicing Angola and South Africa-based organisations with ACloud Connect.
“We see ACloud Connect as a natural extension of customers’ own IT infrastructures,” said Antonio Nunes, CEO at Angola Cables. “In addition to benefiting from the scale and economics of Microsoft Azure, Africa-based customers should also look forward to low latency services.”
Complementing NAPAfrica in South Africa – offering peering across sub-Saharan Africa – the Azure cloud platform will help protect organisations’ online assets as they look to expand globally, while maintaining ‘data residency’ on the African continent.
“Microsoft’s enterprise experience and approach to the cloud addresses customers’ needs in a differentiated way. Our unique approach to the cloud spans three areas that, when combined, give customers the most choice and flexibility with the cloud: enterprise capabilities, global cloud infrastructure, and comprehensive hybrid solutions,” said Laurence Janssens, Country Manager, Microsoft Southern Africa.
“Through the partnership with Microsoft, Angola Cables seems to be making all the right moves to become a key enabler of cloud adoption on the continent,” said Lehlohhonolo Mokenela, Industry Analyst for the Digital Transformation Practice at Frost & Sullivan Africa.

“The impact on latency and the cost of bandwidth will make cloud an even more viable option for enterprises across Africa. This will also see greater demand from small and medium enterprises (SMEs), a segment of the market that typically drives cloud adoption in some of the more developed countries. With SACS due to go live in 2018, Angola is well-positioned to become an important technology hub in the region.”
Mokenela further notes that economies with relatively more mature technology adoption such as South Africa, Kenya and Nigeria, are already witnessing a growing transition towards the cloud. “These types of partnerships, along with the impending arrival of new cables like SACS, can provide the platform for greater cloud uptake across the rest of the continent as well.”

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Topics

NSE 2017 Outlook: Economy Will Rebound Marginally

Global Economic Outlook Global economic growth is projected to reach 3.4% in 2017 according to the IMF, while Goldman Sachs’s chief economist puts this estimate at a range of 3.0% to 3.5%. Accordingly, all estimates suggest that there will be positive global growth in 2017.

Nigerian, Shola Taylor Appointed Secretary-General of CTO

A Nigerian, Shola Taylor has been appointed secretary-general of the Commonwealth Telecommunications Organisation (CTO), an international treaty organisation headquartered in London. Mr Taylor is expected to start in this new role on 17 September this year. A Nigerian citizen, Mr Taylor is currently the chief executive officer of Kemilinks International, a global ICT consultancy firm based in Lagos. A telecommunications engineer by training, he brings to the CTO over 35 years of global experience in ICTs with government and the private sector. Previous positions held include regional director for Africa at Inmarsat (1994 - 1999), space technology coordinator for developing countries at the International Telecommunication Union (ITU, 1993 - 1994) and project director, also at the ITU (1987 - 1993).

Stock Market Statistics: Wednesday, 4th January, 2017

Market Cap (N'bn)              ...

ITU Statistics Confirm ICT Revolution of Past 15 Years

New figures released by ITU indicate that over the past 15 years, information and communication technologies (ICTs) have grown in an unprecedented way, providing huge opportunities for social and economic development. The new figures track ICT progress and show gaps in connectivity since the year 2000, when world leaders established the United Nations Millennium Development Goals (MDGs).Today, there are more than 7 billion mobile subscriptions worldwide, up from 738 million in 2000.

Soybean: The ‘Miracle Bean’ Against Protein Deficiency

By Veronica Ejembi Protein deficiency is at an all-time...

Universal Insurance:  Using Innovative Products to Drive Market Share

Universal Insurance Plc has unveiled an array of innovative...

Nigeria’s GDP Expands by 1.50% in Q2-2018

The National Bureau of Statistics (NBS) just released Nigeria's...

Transcorp Power Grows Topline by 57.03%, Profit by 75%-Declares Dividend of N3.13

  Mr. Peter Ikenga Managing Director/CEO Transcorp Power Plc Transcorp Power Plc, one...
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