News
Tech+ Expo Focuses on Future Technology
Plans have reached advanced stages to host Tech+, Nigeria’s pioneering Technology Conferences and Exhibition showcasing the future of technology in Lagos, Nigeria’s bustling commercial capital.
Tech+, planned with the theme, “Leadership in Digital Technology” holds July 24-25, 2015, at the prestigious Eko Hotels and Suites in Victoria Island, Lagos.
The ground-breaking event is powered by MTN Nigeria Communications Ltd.
Connect Marketing Services, Nigeria’s leading Marketing Services and Consumer Engagement Company, which is organising Tech+ alongside a rich partnership ecosystem in the technology sector, announced the game-changing event in Lagos.
Tech+ will be a gathering of all things technology and it is positioned to enable all participants appreciate and experience the transformative power of technology.
Commenting on Tech+, Olubayo Adekambi, chief marketing and strategy officer, MTN described the two-day Technology and Exhibition Conference as aninnovative annual platform for consumers and businesses to maximizetheir Technology experience.
He explained that as a leader in the emerging digital ecosystem, MTN is proud to show how the new digital economy is evolving and how consumers and businesses can take advantage of the evolution.
“Tech+ is a landmark event that seeks to offer the platforms for engagement and new experience in the world of technology. It is unique because of the range of benefits it holds for all, including investors, exhibitors and individuals who participate in it. Technology has come of age, but sadly, not many amongst us understand what they can actually achieve for themselves or what windows of opportunities they can maximize using Technology,” he said.
According to Richard Iweanoge, GM Consumer Marketing, MTN, Tech+ does not only ‘tell’ it also ‘shows’.
According to the organizers, Tech+ has been developed to address key touch points that will afford participants the opportunities to explore new frontiers in the deployment of technology towards achieving both personal and corporate goals.
Attendees at Tech+ will include technology consumers and businesses, manufacturers of products, service providers across diverse segments of the information and communication technology (ICT) industry and ancillary fields of human endeavor, hardware designers, manufacturers, innovators and policy makers, among others.
Tech+ Conference and Exhibitions will feature exhibitions, gaming sessions, the digital school, programming, plenary and break-out sessions as well as panel discussions to be led by high profile speakers drawn from local and global brands.
Some of the speakers include Jim McKelvey (co-founder of Square), Wael Fakharany (Google X Middle East and Africa), Nicolas Martin, CEO, Jumia Africa, etc.
The organisers have also called for interested exhibitors to take the advantage provided by Tech+ to leverage the platform for maximum exposure and visibility for their brands to connect with the largest gathering of consumers under one roof.
The exhibition will cover products and services in various areas such as healthcare and wellbeing, automobile, entertainment, education, computing, Smart Homes, Wearables, Security, gaming, 3D Printing, and displays, among others.
Tech+ Conference & Expo is a place where new technology comes to life, new products are launched and innovations converge; a platform for knowledge sharing, networking and a market place for the consumer & business.
News
Egueke, Former Bank Manager Jailed for $46,900 Fraud
Fidelis Egueke, former bank manager, , has been convicted and sentenced to six months in prison by an Asaba, Delta State Chief Magistrate’s Court for defrauding a victim of $46,900.
Chief Magistrate Callistus Isioma Moeteke found Egueke guilty of a single charge brought against him by the police under case number CMA/295c/2024.
Raphael Eze, prosecutor, of the State Criminal Investigation Department (SCID), Asaba, said Egueke, a former Asaba branch manager of a tier-one bank, fraudulently obtained $46,900 by using two Certificates of Occupancy (CofOs) as collateral.
One of the land titles, however, was not his, and the other was fake.
After receiving the money, Egueke used it for personal expenses and failed to repay the victim as promised.
The prosecution argued that Egueke’s actions violated Section 419 of the Criminal Code Law, Cap C21, Vol.1 Laws of Delta State, Nigeria, 2006.
Despite denying the offence, Egueke failed to present evidence of repayment during the trial.
Chief Magistrate Moeteke determined that the prosecution had proven its case beyond a reasonable doubt.
Egueke was convicted and sentenced to six months imprisonment.
However, the court also gave him the option to pay a fine of N350,000 in lieu of serving the prison term.
The court ordered Egueke to pay N30 million in restitution to the victim within six months of his conviction.
The charge against Egueke stated that, in 2016, he fraudulently obtained a credit facility worth $46,900 (approximately N60 million) from Chief Jude Ndudi by presenting false documents, including land titles that did not belong to him, in violation of Section 419 of the Criminal Code Law.
Egueke is also facing trial before a Lagos Federal High Court on charges related to a separate fraud case involving N179.498 million.
He is being prosecuted by the Force Criminal Investigation Department (ForceCID), Annex Alagbon-Ikoyi, Lagos.
News
PalmPay, Jumia Reward Users in Festive Campaign
This holiday season just got a whole lot more exciting! PalmPay, one of Africa’s leading fintech platforms, operates Nigeria’s most used mobile wallet and has teamed up with Jumia, the continent’s e-commerce giant, to launch a festive campaign that’s all about convenience, rewards, and enhancing your shopping experience.
Running from December 11th to 28th, 2024, this holiday campaign is set to reward shoppers who use the new “Pay with PalmPay” feature on Jumia with cash prizes. Every purchase made using the direct payment method automatically enters participants into a draw, giving them a chance to win exciting cash rewards while enjoying the seamless shopping and payment process.
A Strategic Partnership To Enhance Digital Payments
The integration of the “Pay with PalmPay Wallet” feature on Jumia marks a major milestone in the partnership between the two industry leaders.
Speaking at the media announcement, Mr. Chika Nwosu, Managing Director of PalmPay, highlighted the broader mission driving this collaboration: “We are thrilled to join forces with Jumia to redefine convenience for shoppers. At PalmPay, our mission has always been to drive economic empowerment through accessible and user-friendly financial services. This partnership is a natural step forward in achieving that goal.”
Beyond the holidays, this partnership with Jumia m,k is a signal of bigger things to come. Mr. Chika added: “This is more than just about payments—it’s about creating value for our customers. We are excited about the opportunities this partnership will unlock in 2025, including campaigns and innovative initiatives that will further transform the online shopping landscape.”
Sunil Natraj, CEO of Jumia Nigeria, highlighted the shared vision between both companies, stating: “At Jumia, we are dedicated to creating value for our customers by ensuring a convenient, reliable, and secure shopping experience. This partnership with PalmPay strengthens our commitment to enhancing the digital payments within our platform. By integrating PalmPay, we are providing more options for customers to access affordable and quality goods with the convenience of cashless transactions.”
How to Join the Holiday Fun
Participating in the campaign is simple. When shopping on Jumia, select the “Pay with PalmPay” option at checkout, and your entry into the draw is automatic. It’s that easy!
Bonus Entry: Share a screenshot of your purchase on X (formerly Twitter) using the hashtag #PalmPayXJumia to increase your chances of winning. Additional winners will be selected from participants engaging with the campaign on Twitter.
Whether you are shopping for gifts, or gadgets this festive season, PalmPay and Jumia are making sure your experience is not only seamless but also rewarding.
To learn more about the campaign, stay tuned to the official X accounts (formerly Twitter) of @palmpay_ng and @JumiaNigeria. for updates, announcements, and more chances to win.
News
Corruption: ICPC Threatens Sanctions as 330 MDAs Fail Financial, Governance Tests
Independent Corrupt Practices and Other Related Offenses Commission (ICPC), has revealed that none of the Ministries, Departments, and Agencies (MDAs), in the country complied fully with ethical standards, policies, and anti-corruption measures in the passing year.
This was following the findings from the Commission’s Ethics and Integrity Compliance Scorecard (EICS) for the MDAs.
The Commission warned that henceforth, non-compliant MDAs will face necessary actions, including enforcement, to ensure adherence to government directives.
According to the EICS scorecard released on Thursday in Abuja by Demola Bakare, ICPC spokesperson, no MDA out of 330 MDAs that were assessed through physical deployment by ICPC teams achieved full compliance.
The EICS serves as a preventive tool used to assess and enhance the compliance of MDAs with ethical standards, policies, and anti-corruption measures.
Findings from the report indicated that no MDA achieved full compliance, while 29.55 per cent of MDAs captured attained substantial compliance, and 51.62 per cent had partial compliance.
The report also observed that 15.91 per cent showed poor compliance, while 292 per cent were non-compliant.
According to the report, common gaps included a lack of whistle-blower policies, strategic plans, and effective stock verification units, adding that many MDAs failed to conduct any forms of system studies or render financial and audit reports.
Commenting on the report, Bakare noted: “This year, 2024, the tool covered 323 responsive MDAs, with 15 MDAs non-responsive and categorised as high corruption risk.
“It is imperative to inform you that this initiative has yielded some positive and value-driven impacts, and these are, but not limited to, increased awareness and compliance with anti-corruption measures, enhanced competition among MDAs to meet criteria, and improved procurement processes and data reliability.
“The Commission recognises the MDAs with substantial compliance and will continue deploying these tools to promote integrity and accountability.
“Non-compliant MDAs will face necessary actions, including enforcement, to ensure adherence to government directives. We are certain that these efforts will continue to underline ICPC’s dedication to enhancing good governance and preventing corruption.”
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