Pantami Kickstarts Landmark Broadband Projects, Presents Book

Minister of Communications, Isa Pantami
Minister of Communications, Isa Pantami

Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, will on Thursday, November 24, 2022, in Abuja, preside over the commencement of landmark broadband initiatives to be implemented by the Nigerian Communications Commission, (NCC) to accelerate broadband penetration in Nigeria and advance the course of digital economy projections for the nation.

The event will witness the award of contracts for the provision of broadband infrastructure for Micro, Small and Medium Enterprises (MSME), as well as for tertiary and higher institutions of learning across the six geopolitical zones of the country.

Pantami is also billed to present a book, SKILLS RATHER THAN JUST DEGREES, authored by him, with a foreword written by Brad Smith, President, Microsoft Corporation.

The list of projects for the various geopolitical zones that are set for launch were recently approved by the Federal Executive Council (FEC), after presentation by the Minister. The projects are expected to be completed within six months, from the date of the award.

Well-known tech companies have been selected through a transparent tendering process by the NCC for the implementation of the strategic projects.

The event is expected to attract multi-stakeholders from the academia, technology enthusiasts, including prospective start-up companies, fintech organisations and other interested sectors, whose activities are billed to energize the National Digital Economy Policy and Strategy (NDEPS) 2020-2030.

The provision of broadband infrastructure for the MSMEs in Nigeria, and for tertiary institutions across the six geopolitical zones of the country will add the necessary fillip towards achieving the major objectives spelt out in the NDEPS 2020-2030.

Zenith Bank Heralds The Yuletide Season With Ajose Adeogun Street Christmas Light – Up


It was a great spectacle to behold as the Christmas and Yuletide season came to life at the 2022 Zenith Bank Christmas Light-Up Ceremony, which was held at the Ajose Adeogun Street Roundabout, Victoria Island, Lagos, on Saturday, November 19, 2022. The official lighting ceremony, which was performed by the Group Managing Director/CEO of Zenith Bank Plc, Mr. Ebenezer Onyeagwu, supported by Executive Management, was witnessed by many of the bank’s staff and customers, with others joining virtually.
With the theme “Let There Be Light”, this year marks the 16th edition of the Light-up Ceremony at the Ajose Adeogun Roundabout. The Light-Up event is an annual Corporate Social Responsibility (CSR) initiative by the bank to herald the yuletide season through the beautification of Ajose Adeogun Street – home to Zenith Bank’s Corporate Headquarters – which has come to be recognised as an iconic place, attracting people from all walks of life who visit with their families and friends to take pictures and make videos of the wonderful spectacle, especially at night and enjoy the ambience of the street and season.
Speaking during the ceremony, Onyeagwu expressed his delight in heralding the yuletide season of 2022 through the iconic Ajose Adeogun Street lighting up. In his words, “today is a unique day. It is unique in the sense that we are going to turn on the Christmas light and activate the spirit of Christmas, which we usually have annually. It is also unique in the sense that we are honoured and delighted to have in our midst the wife of our Founder and Chairman, Mrs. Kay Ovia”.
He praised Quantum Markets, the company responsible for the annual decorations, for the outstanding, very creative and extremely beautiful work that they have done. According to him, “when you look at the Christmas set-up we have every year, it looks completely different, and there is no repetition of themes. And when we think we have seen it all, by the time a new one comes, it is something completely different and massively so. The one for this year, as I entered here, I was wondering if this is a theme park”.
Whilst urging everyone to imbibe the message and spirit of Christmas, which is about peace, love, forgiveness and above all, respect for humanity, Onyeagwu prayed for peace in every home, business and in the country and that this year’s celebration would be like no other that we have seen.
Zenith Bank has clearly distinguished itself in the Nigerian financial services industry as an institution committed to building a more sustainable and inclusive economy and promoting responsible business practices in Nigeria through integrating sustainability principles in its business operations.
The bank’s sustainability and CSR initiatives are hinged on the belief that today’s business performance is not all about the financial numbers – the bank believes that an institution’s social investments, contributions to inclusive economic growth and development as well as improvements in the condition of the physical environment, all constitute a balanced scorecard.
Through its CSR initiatives, Zenith Bank has embodied the overarching objective of the 17 Sustainable Development Goals (SDGs), which provide a framework for addressing the major challenges confronting society. Its social investments are targeted at health, education, women and youth empowerment, sports development and public infrastructure enhancement. Overall, Zenith Bank’s total CSR investment in 2021 was NGN4.37 billion, representing 1.79% of its Profit After Tax (PAT) and 33.1% increase from 2020.
The bank remains committed to furthering the economic, cultural and social development of host communities, particularly through community-based initiatives and philanthropy. As a good corporate citizen, it continues to deliver projects that have long-term social and economic benefits for the communities because it believes that its business is only as strong as the communities in which it operates.
To demonstrate its commitment to creating and expanding opportunities, the bank regularly makes donations towards setting up ultramodern ICT centres in several educational institutions and cities across the country. It also supports various developmental projects, and healthcare delivery causes in Nigeria and contributes to the development of sports in Nigeria through its sponsorship of the Zenith Women Basketball League and the Zenith Bank Delta State Principal’s and Headmaster’s Football Competitions, amongst others.
In recognition of its contributions and social investments to its host communities and the society at large, the bank was recognised at the Sustainability, Enterprise, and Responsibility (SERAS) Awards 2021 as the “Most Responsible Organisation in Africa”.

Global Economy Needs Nigerià – Kitack Liv

PIX 2: Nigeria’s APR at the IMO, Mr. Abdul Dirisu, ushering the Secretary General of the International Maritime Organisation, His Excellency Kitack Lim while Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; and DMSSS FMOT Mr. Babatunde Bombata looks on
PIX 2: Nigeria’s APR at the IMO, Mr. Abdul Dirisu, ushering the Secretary General of the International Maritime Organisation, His Excellency Kitack Lim while Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; and DMSSS FMOT Mr. Babatunde Bombata looks on

The Secretary General of the International Maritime Organization, His Excellency Kitack Lim has declared Nigeria as a very important country not only to Africa, but to the global economy. He stated this on arrival in the country at the meet and greet reception hosted in his honor by stakeholders in the Nigerian maritime industry.

In his words “This is my first time in Nigeria. I thank the Honorable Minister of Transportation, Engineer Jaji Sambo and his team from the Ministry for inviting me. I also want to thank the Director General of, NIMASA Dr. Bashir Jamoh and other industry stakeholders. As far as I am concerned, Nigeria is one of the most important countries not only for Africa but in the global economy. The country is blessed with huge potentials, huge natural resources, and above all very nice people. I have had pleasant experience from my interactions with Nigerians at the IMO, and I am excited to be here”.

Kitack Lim who is from Korea said Koreans consider Nigeria a dream land and expresses hope for more cooperation between both countries

The Honorable Minister of Transportation, Engr. Mu’azu Jaji Sambo , Permanent Secretary Dr. Magdalene Ajani, Heads of Agencies under the Ministry, and stakeholders from the Nigerian maritime industry were on hand to meet the IMO Secretary General.

The Nigeria Liquefied Natural Gas NLNG Ship Management limited is among the industry stakeholders partnering the Nigerian Maritime Administration and Safety Agency NIMASA in the Deep Blue Project operational engagement session scheduled as part of the activities of the IMO Sec Gen visit to Nigeria. Kitack Lim is also expected to have a firsthand experience of some operational activities on NIMASA which is the focal Agency of NIGERIA liaising with the IMO under the supervision of the Federal Ministry of Transportation.

3.5GHz Spectrum Auction: NCC Announces Publication of Final Information Memorandum

NCC logo
NCC logo

The Nigerian Communications Commission (NCC) has announced the adoption and publication of the final version of the Information Memorandum (IM) to guide the upcoming auction of the remaining lots of the 3.5 gigahertz (GHz) Spectrum for the deployment of Fifth Generation (5G) services in Nigeria.

Earlier, the Commission had published a daft IM and requested stakeholders to make comments and inputs into the document to enrich its contents.

Subsequently, stakeholders’ comments were collated and discussed at a Stakeholder’s Engagement forum hosted by the Commission on November 15, 2022 at Marriot Hotel, Ikeja, Lagos, on the same subject.

All comments have been considered and a final Information Memorandum to guide the upcoming auction is now available on the Commission’s website (www.ncc.gov.ng) with the link: https://www.ncc.gov.ng/media-centre/public-notices/1297-public-notice-final-im-3-5ghz-spectrum-band-2022.

The Commission requests all stakeholders to check public notices in the dailies and visit the website to study and review the final IM.

Eminent IT Practitioners From Globàl Brands Set For.Zenith Tech Fair 2. .

.Jim Ovoa, Chairman, Zenith Bank Plc
The Second Edition of the Zenith Tech Fair, themed “Future Forward 2.0”, will be held on Tuesday, November 22 and Wednesday, November 23, 2022, at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos, from 8.00 a.m. to 6.00 p.m. daily.

Conceived in the mould of global technological events such as the Consumer Electronics Show (CES) and EmTech Asia, the fair will showcase leading technology innovations that cut across different aspects of life, such as Artificial Intelligence, Computing, Machine Learning, Blockchain, Robotics, Big Data, FinTech, Augmented Reality, Data Analytics, 5G and Communication Technologies, among others. The event will also feature Hackathon sessions to identify innovative startups, panel discussions, masterclasses and exhibitions.

The two-day fair will feature a welcome address by Jim Ovia, CFR, Founder and Chairman of Zenith Bank and opening remarks by Ebenezer Onyeagwu, Group Managing Director of Zenith Bank Plc and Chairman, Body of Banks’ CEOs, Nigeria. The keynote address, “The Future of Banking: Digital Transformation Journey”, will be delivered by Brett King, a renowned futurist, bestselling author, award-winning speaker, Founder of Moven and Author of Bank 4.0. Other eminent IT practitioners who represent top global brands will make presentations. These include; Tarik Alatovic, Senior Partner, McKinsey; Juliet Ehimuan, West Africa Director, Google; Ola Williams, Country Manager, Microsoft Inc.; Andrew Uaboi, Vice President/Head, Visa West Africa; Mrs Rakiya Mohammed, Director of Information Technology, CBN; Chris Lu, Managing Director, Huawei Technologies Nigeria, and Dame (Dr.) Adaora Umeoji, OON, Deputy Managing Director of Zenith Bank Plc, amongst others.

The fair will feature three panel discussions. The first panel, which will examine “The future of payments: what next and how can we get there”, has Prof. Yinka David West of Lagos Business School as the host, with four discussants, including Agada Apochi, Managing Director, UPSL; Olu Akanmu, Managing Director, Opay; Premier Oiwoh, Managing Director, NIBBS; and Kari Tukur, V/P & Head of Products East/West Africa, MasterCard.

The second panel will explore the theme “What are the main challenges of digital transformation in the financial industry? How do we solve them?”. It will be hosted by Brett King and has four discussants, including Tosin Eniolorunda, Managing Director, TeamApt; Obi Emetarom, Managing Director, Appzone; Dr. Babatunde Obrimah, COO, FintechNGR; and Olugbenga Agboola, Founder/CEO, Flutterwave.

The third panel discussion is titled “Driving the global trade revolution with technology: current transformation trends”. The panel, which will be hosted by Samuel Eze, Founder/CEO, Ourpass, has five discussants, including Mike Ogbalu III, Managing Director, PAPSS; Akeem Lawal, Divisional CEO, Interswitch; Massimiliano Spalazzi, Country Manager, Jumia; and Dr. Ozoemena Nnaji, Director of Trade & Exchange, CBN.

The first edition of the Zenith Tech Fair was held on November 27, 2019, at the Landmark Events Centre, Victoria Island, Lagos. Tagged ‘Future Forward’, the fair featured a hackathon which produced ten winners, including Octave Analytics Limited, who won the grand prize of N10m; Neohaul Technologies, the first runner up who received N6m prize; and reQuid Technologies, the second runner up who won N5m. Other winners who took home N1m each includes Termii, Xcard Nigeria Limited, Payonhold, Escrow Inc, Alerzo, Nairapacket and Qview.ai.

To register and participate, visit www.zenithbank.com/techfair. After registering, you will receive a confirmation email. The fair will be live on Zoom for participation and streamed on the bank’s social media pages including YouTube.

NCC Commends Ondo Govt Broadband Plan through Odua Infraco, Sets up Committee

L-R): Omosowone Innocent, Director, Engineering and Information Technology Infrastructure, Ondo State Information Technology Agency (SITA); Sammy Adigun, Managing Director, Oodua InfraCo; Olumbe Akinkugbe, Chairman, SITA; Josephine Amuwa, Director, Legal and Regulatory Services, Nigerian Communications Commission (NCC) and Augustine Nwaulune, Director, Digital Economy, NCC, during the courtesy visit of SITA delegation to the Commission’s Head Office, Abuja recently.
L-R): Omosowone Innocent, Director, Engineering and Information Technology Infrastructure, Ondo State Information Technology Agency (SITA); Sammy Adigun, Managing Director, Oodua InfraCo; Olumbe Akinkugbe, Chairman, SITA; Josephine Amuwa, Director, Legal and Regulatory Services, Nigerian Communications Commission (NCC) and Augustine Nwaulune, Director, Digital Economy, NCC, during the courtesy visit of SITA delegation to the Commission’s Head Office, Abuja recently.

The Nigerian Communications Commission (NCC) has commended the Government of Ondo State for its commitment to deployment of broadband infrastructure through the Odua Infraco, urging other states to come on board the efforts to make the service available to their citizens.

A delegation of Ondo State, led by the Chairman of Ondo State Information Technology Agency, SITA, Olumbe Akinkugbe, had visited the Commission to seek advice on the best ways to enjoy seamless deployment of broadband in the state, taking a cue from the recent Broadband Technical Awareness Forum (BTAF) organized for State Governors in Abuja by the Commission.

Director, Legal and Regulatory Services of the Commission, Josephine Amuwa, who received the delegation on behalf of the Executive Vice Chairman of NCC, Prof. Umar Danbatta, commended the visitors for their timely pursuit of the programme and assured them of Commission’s commitment to achieving milestones in broadband infrastructure deployment in the State.

“We consider the meeting a watershed in our efforts at transforming Nigeria into a major digital hub in Africa, through transforming all the states of the Federation. We are particularly elated by the fact that your request for this engagement came on the heels of the Broadband Technical Awareness Forum (BTAF) organized by the Commission, for which we received a very positive scorecard from you,” she said.

Amuwa listed the challenges impeding the progress of broadband infrastructure deployment to include Right-of-Way issues; indiscriminate charges and levies; hostilities by local communities; among others.

Consequently, a tripartite committee to discuss the Ondo State Government plan with the Odua InfraCo, and the Commission, was set up to deliberate and harness mutual benefits; and to recommend the best ways to drive the actualization of such mutual benefits to the nation, the State and citizens. The committee is to report to the Ondo State Executive Council through NCC’s EVC on monthly basis.

The collaboration particularly targets how to use Information Communication Technology (ICT) to deliver more government services and simplify government operations.

Nigerià International Maritime Summit: IMO Secretary General,kitack Liv Billed To lArrive Soon

IMO Secretary-General Mr Kitack Lim and Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh OFR
IMO Secretary-General Mr Kitack Lim and Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Bashir Jamoh OFR
.
The Secretary General of the International Maritime Organization, His Excellency Kitack Lim, is scheduled to visit the Federal Republic of Nigeria from November 20th – 22nd 2022.

During his visit, the Secretary General will attend the Nigeria International Maritime Summit 2022 where regional policies and operational perspectives to Decarbonization and Green House Gas Emissions in shipping will be the focus. The Federal Ministry of Transportation and its Agencies in collaboration with the organized maritime private sector under the auspices of Nigeria International Maritime Summit, are hosting the event.

The Honorable Minister of Transportation Engineer Mu’azu Sambo says the Federal Government is committed to ensuring Nigeria becomes a major destination for global maritime players.

On his part, the Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Bashir Jamoh OFR, said the visit by Kitack Lim, which is the first by an IMO Secretary General to Nigeria in over fifteen years, is a testament to the renewed confidence of the international maritime community in Nigeria.

“We are glad that after fifteen years, an IMO Secretary General will be visiting Nigeria. Our desire is to continue in this stead until we attain a status of not just the hub of maritime activities in the region, but a major player in the global scene”. He said.

The CEO of NIMS, Dr Emeka Akabogu, noted that the summit will provide a platform for practical issues in operations; and regulations impacting Decarbonization in Shipping in the West and Central Africa region would be highlighted as a catalyst for igniting the Blue economy in the said region.

NLNG Ship Management Limited (NSML) is among the industry stakeholders partnering the Nigerian Maritime Administration and Safety Agency, NIMASA in the Deep Blue Project operational engagement session scheduled as part of the activities of the IMO Secretary General’s visit to Nigeria. Kitack Lim is also expected to have a firsthand experience of some operational activities of NIMASA, which is the focal Agency of Nigeria liaising with the IMO under the supervision of the Federal Ministry of Transportatio.

FiBOP Workshop: Regulators, Operators Set To X-ray Fintech, Service Delivery In The Capital Market

FiBOP logo
FiBOP logo
The Apex regulatory institution in the Nigerian Capital market, the Securities and Exchange Commission, SEC; the Nigeriian Exchange Ltd, NGX, the Debt Management Office, DMO, as well as Market Operators such as Cowry Assets Ltd. are set fot the Finance and Business Online Publishers, FiBOP, workshop slated for Thursday, November 17, 2022.by 10.00am at the Airport Hotels, Ikeja, Lagos
According to the organizers, all is now set for a robust discuss on the theme of the workshop; ‘ Hanessing Fintech for Capital Market Growth and Development”

The discuss will focus on the deployment of Fintech services in Nigeria for Capital Market sustainability and growth.

In a statement, President of FiBOP, Charles Onwuatogwu, said the choice of the topic is borne out of the need to further deepen and enhance the efficiency of the Nigerian capital market, boost earnings of investors and operators as well as draw attention to other challenges and benefits of deploying Fintech services to boost activities in the Nigerian capital market.

“There is no doubt that the market is facing a lot of challenges at this critical time, hence the import of Fintech in addressing such problems as unclaimed dividends which today stands above N1.8billion, and similar other issues.’

“Moreover, the need to attract more Fintechs to the capital market has become highly imperative in view of the increasing deployment of technology in virtually every facet of life as well as the need to further deepen the market by getting a larger number of our teeming youths to become interested in the capital market.” He said

Dignitaries expected to grace the event include; the Director General Securities and Exchange Commission, SEC, Lamido Yuguda,, Director General Debt Management Office, DMO, Patience Oniha and the Managing Director/CE, Cowry Assets Management, Johnson Chukwu

Others are; Executive Vice Chairman, Nigerian Communications Commission, NCC, Umar Danbatta, Group CEO Nigeria Exchange , NGX, Oscar Onyema, CEO, FMDQ, Bola Koko, Managing Director CSCS, Haruna Jalo-Waziri, captains of industry, CEOs of quoted companies and shareholder groups among others.

FiBOP is the foremost Association of seasoned online publishers in Nigeria, formed with a view to contributing to the economic growth and development of Nigeria through informed, analytical and balanced reportage of events and activities in the economy.

SEC, NGX, DMO, Others Set To Brainstorm On Fintech For Capital Market Growth and Development At FiBOP Workshop

Lamido Yuguda, DG Securities and Exchange Commission,SEC
Lamido Yuguda, DG Securities and Exchange Commission,SEC

All is now set for second in the series of Finance and Business Online Publishers (FiBOP) capacity building workshop on deployment of Fintech services in Nigeria for economic growth.

The latest workshop with the theme; ‘Harnessing Fintech for Capital Market Growth and Development’ is scheduled to take place on Thursday November 17th, 2022 at Airport Hotel Ikeja, Lagos by 10.00 am

In a statement, president of FiBOP, Charles Onwuatogwu, said the choice of the topic is borne out of the need to further deepen and enhance the efficiency of the Nigerian capital market, boost earnings of investors and operators as well as draw attention to the challenges and benefits of deploying Fintech services in the Nigerian capital market.

“There is no doubt that the market is facing a lot of challenges at this critical time, hence the import of Fintech in addressing such problems as unclaimed dividends which today stands above N1.8billion, and similar other issues.’

“Moreover, the need to attract more Fintechs to the capital market has become highly imperative in view of the increasing deployment of technology in virtually every facet of life as well as the need to further deepen the market by getting a larger number of our teeming youths to become interested in the capital market.” He said

Dignitaries expected at the event include; the Director General Securities and Exchange Commission, SEC, Lamido Yuguda,, Director General Debt Management Office, DMO, Patience Oniha and the Managing Director/CE, Cowry Assets Management, Johnson Chukwu

Others are; Executive Vice Chairman, Nigerian Communications Commission, NCC, Umar Danbatta, Group CEO Nigeria Exchange , NGX, Oscar Onyema, CEO, FMDQ, Bola Koko, Managing Director CSCS, Haruna Jalo-Waziri, captains of industry, CEOs of quoted companies and shareholder groups among others.

FiBOP is the foremost Association of seasoned online publishers in Nigeria, formed with a view to contributing to the economic growth and development of Nigeria through informed, analytical and balanced reportage of events and activities in the economy.

Buhari Congratulates FBN On 40 Years  Of Cross-Border  Banking In UK

President Muhammadu Buhari
President Muhammadu Buhari
President Muhammadu Buhari has congratulated the Board, Management, and Staff of First Bank of Nigeria Limited (FirstBank) for cross-border services through FBNBank UK in the United Kingdom for 40 years, sharing almost 130 years of banking experience.
In a statement signed by the Special Adviser to the President on Media & Publicity, Femi Adesina, Buhari noted the competence and professionalism that have become the hallmark of the Bank for many years.
This includes winning and retaining the trust of customers in Nigeria, and beyond, like in the United Kingdom, and successfully consolidating on its benchmark of reliability and professionalism.
“As the FBN, United Kingdom celebrates 40 years anniversary, the President believes the strength and buoyancy of any country depend largely on the capacity of the banking sector, extolling the organization for steady rise and expansion, with remarkable awards for transparency, accountability, and reliability,” the statement reads.
Buhari however, congratulates FBNBank UK for the milestone, and well-deserved acceptance and credence, urging the bank to further leverage on its strengths to retain the trust and confidence of the banking public.
FBNBank UK is a wholly owned subsidiary of the First Bank of Nigeria Limited, an African bank with a rich heritage, established in 1894 as the first banking institution in Nigeria.
FBNBank UK is authorised by the UK’s Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA).
Operating in the City of London with a branch in Paris and a representative office in Lagos, FBNBank UK provides a range of domestic and international banking and financial services.
Interestingly, it is the international banking and treasury centre of FirstBank and acts as connecting hub between the group and its regulatory, financial and social partners. FBNBank UK equally provides world-class, cross border trade and investment services to institutions, corporates and individuals conducting business in and with Africa’s most dynamic and vibrant economies.
FBNBank UK has been operating in the United Kingdom since 1982 as the London Branch of the First Bank of Nigeria Limited.
It was initially established to service the UK banking requirements of Nigerian companies and FirstBank.
In November 2002, the Bank was incorporated in the UK as a registered and a wholly-owned subsidiary of First Bank of Nigeria Limited with offices in the City of London.
Since then, FBNBank UK has developed into a much broader business in the gateway to Europe and beyond for African banks, companies and high net worth individuals.