News
Samsung Arms Talents in Fashion Industry
Samsung Electronics, in furtherance of its commitment to facilitating economic growth and development in Nigeria says it is offering five young, ‘up-and-coming’ Nigerian fashion designers an opportunity to showcase their designs at the upcoming launch of its flagship Galaxy S4 smartphone.
The world’s largest maker of mobile handsets, through its ‘Galaxy S4 Design for Life’ initiative, a programme aimed at harnessing and promoting local talent in the fashion industry, Samsung is providing young talents access to skills, training and support that are pivotal to ensuring that they achieve both commercial and creative success.
Participants in the programme were required to submit evening wear design proposals for Samsung Brand Ambassadors, Kate Henshaw and Banky W via Samsung’s website.
Of the submissions received, 18 entries were initially chosen by a panel of fashion experts including brand ambassador, Kate Henshaw, chief executive officer of Beth Model Management Africa, Mrs. ElohorAisien; Creative Director of CLAN, Ms. TeniSagoe and Hakeem Balogun of Kimono Kollection.
A second and final selection process took place in Ikoyi, Lagos, on Saturday, April 20, 2013, with five lucky designers emerging as winners of the competition.
The five finalists will be given the opportunity to present their collections to buyers, consumers, the media and the general public at the launch of the Samsung Galaxy S4 in Lagos on Friday, May 10, 2013.
Mr. Emmanouil Revmatas, Samsung Electronics West Africa’s Business Head for Hand Held Products, described the programme as an avenue for the company to provide emerging stars in Nigeria’s fashion industry with the much-needed pre-requisites for success, including publicity, mentoring services and networking opportunities.
“At Samsung, we are committed to providing an enabling environment for Nigerian youths to pursue their dreams and passions, as we believe that this would help to unlock the country’s huge economic potential. We are very proud to support Nigeria’s growing fashion industry with our ‘Galaxy S4 Design for Life’ programme,” he said.
In addition to providing the five finalists with the opportunity to showcase their collections at the launch of the Galaxy S4, Samsung also organized a workshop on Sunday April 21 to enrich and expand the overall fashion experience of the participants in the programme.
The workshop encompassed training and mentoring by fashion icons TeniSagoe and Hakeem Balogun, as well as networking opportunities to equip the emerging, creative talents with the necessary tools for launching and managing a fashion business.
Also speaking, Ms. OlajumokeOkikiolu, Samsung Electronics West Africa’s Marketing Manager for Hand Held Products, said, “The new Samsung Galaxy S4 smartphone is a combination of innovation, class, style and beauty; and what better way to launch it into the Nigerian market than to showcase Nigerian designers’ sense of style and creativity. We are happy to support this very important initiative because we value every opportunity where we can contribute to the community; it is more so for this programme because it is a sustainable one.”
“We are also happy to be promoting and cultivating local talents while simultaneously providing avenues for them to become productive and responsible members of the society. Who knows, the next big name in the global fashion scene might come from Nigeria and might have been discovered from participation in this programme,” Okikiolu added.
The “Galaxy S4 Design for Life” initiative is one of several community development projects undertaken by Samsung Electronics West Africa over the past few years, as part of its corporate social investment initiatives.
Other projects include the Samsung-Chelsea FC ‘Dream the Blues’ Youth Football Clinic, an expansion of Samsung – Chelsea FC Youth Football Camp programme, which has already benefitted more than 5,000 children across the world and the company’s construction of its Engineering Academy in Lagos and Ekiti States, with a view to developing 10,000 electronics engineers across the continent by 2015.
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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