News
Experts Rue Human Capacity Development, Distribution Channels
Experts at the presentation and launch of Transition Networks products have lamented the state of human capital development in the country.
They therefore made the call for human capacity development in the ICT sector as well as the need for more distribution channels to take the huge capacity lying at the shores of the country to the hinterland.
Teledom International Nigeria, a leading ICT company in partnership with Transition Networks USA with the launch and presentation of the products hope to leverage on products offered by Transition Networks to leapfrog broadband delivery to homes and offices.
Eng. Emmanuel Ekuwem, CEO of Teledom Group said Nigerians need to patronize made-in-Nigeria products as this creates jobs and keeps people off the street and prevent restiveness.
Florence Seriki, CEO Omatek Computers and president of ITAN bemoaned the level of human capacity in the country, stating that it has really gone down.
She urged companies to partner with world class manufacturers like Transition Networks for there to be knowledge transfer to Nigerians which will bring about human capacity development.
Seriki lamented the unavailability of raw materials needed to bring the know-how to Nigerians as the components are not available in the country. By this, she said partnership with world class organizations would help create demand better prepare the country for product manufacturing.
The Omatek boss enthused that foreign brands like HP, Compaq, Dell and the rest would not have recorded success without the cooperation of local distributors.
She therefore urged local distributors to support local brands by supporting made in Nigeria Products.
Speaking in same manner, Eng. Lanre Ajayi, president of the association of Telecommunications Companies of Nigeria (Atcon) said over 10 terabytes of broadband to over 95 per cent of internet capacity is lying down unutilized at the country’s sea shores.
To make use of these unutilized access, Ajayi said more distributors need to come on board to distribute these to the end users.
Eng. Bayo Banjo,president of the Nigeria Internet Group (NIG) wanted Nigerians to patronize high quality products for improved quality of service.
“We should encourage high quality products in this environment of bad maintenance culture to bring about good quality of service,” he said.
Transition Networks offers world class networking products that enable ICT Infrastructure builders, network designers and builders, systems integrators and network operators to deliver and manage their networks efficiently, excellently and cost-effectively.
The company offers Enterprise Network Solutions including Ethernet Switches, Routers, Fiber Modules, Media Converters and Network Management Solutions. Others are Optic Fibre Network for Data, Voice & Video; Mobile Backhaul Applications; Connectors; Access Control and Video Surveillance Systems for homeland and national security operations.
The American company provides network devices of the future applicable in Government, Education, Industry (processing, manufacturing & infrastructure), Telecommunications, Information Technology, Banks, Electronic Media, Security and many more.
News
Verve Partners Ali Express On Seamless Cross-Border Shopping
Verve International, Africa’s domestic payments card scheme and token brand, has announced that its cards are now accepted on AliExpress, one of the world’s largest online retail platforms.
This landmark partnership expands Verve’s global reach, offering seamless and secure payment solutions and providing millions of Verve cardholders and merchants worldwide with easy access to AliExpress’ extensive range of products, including fashion, electronics, home goods, beauty, and more.
The collaboration empowers Verve cardholders, both locally and internationally, to engage in cross-border transactions.
It also reinforces Verve’s unwavering commitment to delivering inclusive, innovative, and secure digital payment solutions that empower individuals and businesses alike, while bridging the gap in global digital commerce.
Speaking on the partnership, Vincent Ogbunude, Managing Director, Verve International, remarked: “We are excited to announce that Verve is now accepted on AliExpress, a globally recognised e-commerce leader.
This marks a significant milestone in our global expansion journey, reflecting our commitment to providing cardholders with access to more possibilities in today’s digital economy.
The addition of AliExpress to our growing network is just the beginning, there’s much more to come as we continue to innovate, expand, and deliver value to millions of Verve cardholders in Nigeria and beyond.”
Verve’s expanding global network is bolstered by partnerships with renowned brands such as Google, YouTube, Netflix, Amazon Prime, Facebook, Uber, Spotify, among others, enabling cardholders to conveniently pay for subscriptions in naira.
These alliances solidify Verve’s position as a trusted leader in the digital payments space, ensuring that consumers can access top-notch services across diverse industries.
With AliExpress joining this network and Verve integrated into its payment options, Verve cardholders can easily shop and pay for a wide range of products.
To shop on AliExpress using a Verve card, simply sign in, select the items to buy, and click ‘Buy now.’ When prompted, add a new card and enter the Verve card details. Save the information for future use, confirm the details, and complete the payment seamlessly.
News
Stanbic IBTC Asset Management Unveils Anti-scam Measures to Protect Mutual Fund Holders
Stanbic IBTC Asset Management has introduced strong measures to safeguard its customers from scams targeting mutual fund holders.
In response to this trend, the company has launched a strategic campaign to educate customers on protecting their investments and understanding the correct procedures for mutual fund subscriptions.
The Company, in a statement disclosed that recently, enquiries about the authenticity of messages for mutual fund subscription have surged. It stated: “Many of these messages contain differing and potentially incorrect account numbers, leading to confusion and concern among investors.
“In response to these concerns, Stanbic IBTC Asset Management launched a campaign to educate customers by providing accurate information and security tips to reduce the likelihood of clients falling prey to scam attacks.
“The campaign has established three main objectives: first, to educate customers about the mutual fund subscription process by providing precise and accurate information that empowers them to make informed decisions.
Second, it aims to ensure that customers verify the payment accounts for any Stanbic IBTC mutual fund investments, encouraging due diligence in confirming the legitimacy of financial communications”.
The statement further stated that the campaign seeks to raise awareness of scam attempts that may mislead customers into using incorrect account details, highlighting the tactics used by scammers to keep customers informed and vigilant.
Busola Jejelowo, the Chief Executive of Stanbic IBTC Asset Management, recently addressed the importance of a new initiative to safeguard customers in an increasingly complex financial landscape.
“At Stanbic IBTC, our top priority is our customers’ financial safety, and we are fully committed to ensuring that our clients have the security they need while managing their investments”.
News
Amnesty International Condemns Police Actions During #EndBadGovernance Protests
Amnesty International has accused Nigerian police of using excessive force against demonstrators during the #EndBadGovernance protests, which took place from August 1 to 10 across the country in response to Nigeria’s harsh economic conditions.
According to the human rights organization, the police crackdown resulted in the deaths of at least 24 people, including 20 young adults, two children, and an older person.
Amnesty’s report claims that the victims were shot by police at close range, often in the head or torso, indicating an intent to kill. Two survivors sustained severe injuries, while others suffered from the indiscriminate use of tear gas. The organization condemned the actions of security personnel, describing the violence as “unbelievable lawlessness” and accusing authorities of covering up the atrocities to downplay the death toll.
Eyewitnesses from Kano, Katsina, Jigawa, and other states told Amnesty that the protests began peacefully but escalated into chaos when police opened fire with live ammunition and tear gas. In Kano, 12 people were killed, while Jigawa and Niger states reported three fatalities each. Kaduna and Maiduguri also recorded multiple deaths.
In addition to the killings, over 1,200 protesters, including minors, were detained, and more than 146 were charged with treasonable offenses. Some detainees reported being subjected to torture. One protester, Khalid Aminu, described being beaten with sticks and iron cables while in the custody of the Department of State Services (DSS). Another detainee, Michael Adaramoye, was held for two months for participating in a protest in Abuja.
Despite mounting evidence, including eyewitness accounts, medical records, and video footage, Nigerian authorities have denied involvement in the violence, attributing the deaths to “unknown gunmen” or dismissing reports as “fake news.” Amnesty International has called on President Bola Tinubu to establish an independent and impartial investigation into the violations and to hold those responsible accountable.
The protests, triggered by widespread corruption and economic hardship, have reignited concerns about the Nigerian government’s disregard for human rights. Amnesty International stressed that law enforcement’s use of firearms against peaceful protesters violates international standards, urging authorities to end impunity and ensure justice for the victims.
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