News
MTN,Microsoft Ink MOU to create Scalable Opportunities for Nigerian SMEs
MTN Nigeria and Microsoft Nigeria have signed a Memorandum of Understanding (MoU) to collaborate on the creation of sustainable and scalable initiatives aimed at driving growth within the Small and Medium Enterprises (SMEs) segment of the Enterprise Business in Nigeria.
The partnership will leverage Microsoft’s technologies and MTN’s innovative expertise to create strong value propositions for the SMEs Segment.
These propositions will speak to the needs of SMEs around capability development, access to markets and business networks across Africa; and address some of their challenges through the creation of innovative solutions.
The MoU signing ceremony which took place recently at Microsoft’s office within Civic Towers, Victoria Island, Lagos, had top Executives from both Microsoft and MTN in attendance.
Onyinye Ikenna-Emeka, General Manager, Enterprise Marketing, MTN, expressed the company’s unwavering commitment to the success of businesses, be they SMEs, Large Enterprises or in the Public sector.
Recognizing the significant contributions of SMEs to the country’s economy, Ikenna-Emeka conveyed MTN’s strategic position of collaborating with SMEs to create bespoke solutions specially designed to help grow and sustain other SMEs in the country.
Mrs. Ikenna-Emeka, Speaking further on MTN’s support of SMEs in Nigeria, said “We launched the MTN Man-In-The-Box Initiative to further demonstrate our commitment to the development of businesses and ensure their sustained business growth”.
She stated that the Initiative was designed to create and sustain awareness for MTN’s Enterprise Business and its focus to provide and facilitate access to technology, new markets, information and finance for SMEs.
In his remark, Country General Manager, Microsoft Nigeria, Akin Banuso stated: “Our approach at Microsoft has been one of empowerment and collaboration.
“We work with SMEs and as we learn from them, this makes us poised to provide tailor-made solutions to the challenges they face on a daily basis.
“We are excited about this partnership and looking forward to provide support to the SMEs through the Microsoft 4Afrika initiative.
“This means that we are able to empower them to digitally transform their businesses and be more productive and competitive.”
Ikenna-Emeka reiterated MTN’s belief that everyone deserves the benefit of a modern connected life.
By implication, every organization, whether small, medium, large or the public sector equally deserves the same benefit.
In bringing this belief to reality, MTN develops and delivers solutions that transform the operations of Businesses, thereby introducing efficiencies, improving productivity and promoting overall organizational effectiveness.
She also stated that MTN’s vision of leading the delivery of a bold, new digital world to Corporate Nigeria is at the heart of all the company’s activities, affirming that MTN is proud to be a Technology provider of choice to Enterprise Nigeria.
News
NCDC Activates Emergency Response as Lassa Fever Kills 190
Nigeria has launched an emergency response centre after recording 190 deaths from Lassa fever, a viral hemorrhagic illness, according to Nigerian Center for Disease Control (NCDC).
The disease, mainly transmitted to humans via contact with food or household items contaminated with rodent urine or excrement, has infected 1,154 people in six Nigerian states.
Jide Idris, head, Nigerian Center for Disease Control, said the agency’s risk assessment has categorized it as high, prompting the activation of the emergency Operations Centre to manage the outbreak.
“While the disease occurs throughout the year, peak transmission typically happens between October and May, coinciding with the dry season when human exposure to rodents increases,” he said at a press briefing in Abuja.
The centre will ensure seamless coordination of the control and management of the outbreak.
Symptoms of the virus – which can also be passed between people through bodily fluids of those infected – include fever, headaches and, in the most severe cases, death.
The World Health Organization classifies Lassa fever as a priority disease due to its epidemic potential and lack of approved vaccines.
News
2025 Budget: FG Earmarks N1.5Bn for Airports’ Internet, Others
Federal government has proposed to spend N1.5bn for internet services for passengers at five international airports in the country.
The project, “Provision/Upgrade of WiFi Services for Passengers in Five International Airports and some Domestic Airports” was listed as a new project in the 2025 appropriation.
In some parts of the world, access to the internet via Wi-Fi at airports is regarded to be a basic human right.
Such amenities are lacking in Nigeria.
But the 2025 budget presented to the National Assembly last week by President Bola Tinubu saw the sum of N105.953,496,365 being allocated to the Ministry of Aviation.
Apart from internet access at the airports, some other capital allocations were reinstated for the Nigerian Airspace Management Agency (NAMA).
In previous budgets, three agencies of the ministry including the apex regulatory agency, the Nigeria Civil Aviation Authority (NCAA); the Federal Airports Authority of Nigeria (FAAN) and NAMA were exempted from the annual budgetary allocation.
In addition, the federal government deducts 50 per cent of the Internally Generated Revenue (IGR), which is against the standard and recommended practices of the International Civil Aviation Organisation (ICAO), which recommends that the funds generated by the agencies should be reinvested into improving infrastructure and boosting aviation safety.
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.
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