News
Samsung Parades Cost Effective Printers
Samsung Electronics West Africa, a subsidiary of Samsung Electronics Co., Ltd, the second largest vendor in global printing market, paraded state of the art printers designed for a trouble free experience for media executives at an event tagged “Samsung Print Office Experience”.
Nicholas Shin, vice president, Nicholas Shin, vice president, Samsung Electronics West Africa, said the company is deploying its product line across Nigeria. He said though the company is a bit late in coming to the Nigerian market, it hopes to be strong and be the number one in the market.
One of the devices on parade was the SCX-3200, the compact multi-function printer designed for professionals and students who need simple and cost-effective access to a device that can print, copy and scan at the touch of a button. The SCX-3200 caters to these needs with a space-saving, integrated design that provides one-touch functionality without compromising on style or environmental credentials.
Another device, Samsung’s mono laser printer ML-3310/3710 series, designed for small workgroups offers a productive, economical, trouble-free and versatile printing solution for the office. These users generally have an average monthly print volume (AMPV) of up to 1,500 pages. The ML-3710 series and ML-3310ND have a capacity of up to 820 sheets of paper with a second cassette option, whilst the ML-3710 series supports up to 80,000 prints at maximum monthly duty. Users in the finance, education, healthcare and governments will find this series particularly suited for their needs.
“Samsung understands that consumers don’t want to worry about working out how to use their new devices,” said Chioma Iwuckukwu-Nweke, IT Director, Samsung Electronics West Africa. “With the new printers, we have incorporated a wide range of features in a stylish and compact device to make printing simple and convenient.”
Also on parade during the Samsung Print Office Experience is the ML3310/ ML-3710 series, the world’s first A4 mono laser printer with a dual core 600MHz CPU, which offers high productivity with a speed of 52ppm/62ppm delivers faster for large printing jobs with graphs and images and can support various paper types such as thick paper or cardstock and conveniently hold these pages in the cassette.
Samsung’s ML-3310/3710 series come complete with Samsung’s in-house solution for fleet management and Managed Print Service. Samsung SyncThru-Admin remotely monitors and manages all Samsung device and print settings whilst the CounThru solution counts billing and job accounting.
The CLX-3185, CLX-3185N, CLX-3185FN and CLX-3185FW colour laser MFPs offer print speeds of up to 16 pages per minute (ppm) in monochrome and 4 ppm in colour. The fax capability of the CLX-3185FN and CLX-3185FW provides a convenient solution for users that require fax capabilities.
“Samsung’s ever-expanding portfolio of printing solutions ensure that working environments of all sizes can benefit from Samsung’s commitment to excellence in printing,” said Iwuchukwu-Nweke,
“All these models are designed to handle large volumes of documents in a simple and easy to operate way, whilst the Dual Core CPU of models like the SCX Series and ML-3310/3710 series guarantee that your printer will be at the cutting-edge of your office environment.”
Samsung printers are wireless-enabled with Samsung’s one-touch Wi-Fi and are backed with certified Wi-Fi Protected Setup™ to ensure the wireless connection is secured. The MFPs also incorporate Samsung’s Navigation Key Ring to further enhance the intuitive user experience. The user can navigate the printing options quickly and easily, reducing the amount of time it takes to gain familiarity with the device.
Samsung print devices are also compatible with Samsung’s AnyWeb Print software which allows users to select, drag and drop specific content from web pages into a new blank page on their PC screen, which they can save or print. The AnyWeb Print software allows users to print just the information they really need, rather than printing the whole web page. This means users are saving time and resources such as paper and toner.
Corporate Affairs Commission (CAC) has warned Nigerians against transacting with three fake Nigerian firms, citing fraudulent incorporation documents and registration numbers not issued by the commission.
According to the CAC, these companies are using fake certificates of incorporation with two different RC numbers each, none of which exist in the commission’s official records.
The affected companies are SPEF Cooperative Society Ltd with RC Numbers 1265884 and 512862, UPIL Staff Cooperative Society Ltd with RC Numbers 1265837 and 553220, and PREM Staff Cooperative Society Ltd with RC Numbers 1265844 and 545901.
The CAC warns that any Nigerian conducting business with these entities does so at their own risk.
“Anyone that transacts any business with the above-mentioned companies does so at their own risk,” the commission warned.
The commission further advised potential partners and investors to verify registration details directly through its official portal before signing contracts or making payments.
Similarly, the CAC, in a bid to enhance its services, introduced an AI-powered business registration platform on July 3, designed to streamline incorporations.
This new system offers instant name reservations, automated business-name suggestions, and same-day registration using a National Identification Number (NIN).
Additionally, the commission plans to review its service fees starting August 1, aiming to make its services more efficient and cost-effective.
The African Development Bank, in partnership with the International Labour Organization, has launched a transformative system to mainstream youth employment, skills development, and entrepreneurship across its investments.
The approach, called the Youth, Jobs and Skills Marker System, is aligned with the Bank’s latest Ten-Year Strategy, which places Africa’s young people at the center of development efforts to maximize the impact of every dollar invested, turning demographics into a dividend.
The Marker System ensures that Bank projects spanning diverse sectors, such as agriculture, transport, energy, water, and education, systematically incorporate components that enhance youth employability, foster entrepreneurship, and build market-relevant skills.
“The Youth, Jobs and Skills Marker System is about ensuring Africa’s young people have a real say and active role in building sustainable economies and creating jobs – not as passive recipients of youth programs,” said Dr. Beth Dunford, the Bank’s Vice President for Agriculture, Human and Social Development. “This transformation of Bank practices and systems is a step toward making sure our investments have a positive impact on Africa’s young women and men.”
The integrated system has three focus areas:
Youth: Supporting youth-led micro, small, and medium-sized enterprises through targeted investments and operational integration.
Skills: Expanding access to practical, market-driven training and apprenticeships to enhance career prospects.
Jobs: Ensuring Bank-funded projects create sustainable job opportunities, particularly by developing youth skills for employability and the promotion of youth-led businesses in priority value chains.
Each year, around 10 to 12 million young Africans enter the labor market, which offers only three million formal jobs annually. The Bank will prioritize youth entrepreneurship and mobilize private sector partnerships to strengthen industry-oriented skills training as well as job creation over the coming decade.
“[This initiative] is very important because it allows us to significantly contribute to the United Nations Sustainable Development Goal #8 that includes decent work for all,” said Peter van Rooij, Director of Multilateral Partnerships and Development Cooperation at the International Labour Organization. “It also allows the International Labour Organization to influence the Bank’s work, to support their lending that is more geared toward more job creation and better jobs in a sustainable way.”
The Youth, Jobs and Skills Marker System is modeled on the success of the Bank’s Gender Marker System and its online dashboard, which categorize Bank projects based on their contribution to gender equality and women’s empowerment.
Similarly, the new system will feature an online platform enabling Bank staff and consultants to access real-time data for preparing country strategy papers, mid-term reviews, annual reports, project supervision, and reporting on youth-related skills, businesses and jobs outcomes.
The Bank has just launched a pilot version of the Youth, Jobs and Skills Marker System in readiness for the full implementation in 2026. This system will enhance data tracking, improve estimates of youth skills attainment and employment, strengthen labor market information systems, and support policymakers in making evidence-based decisions that drive meaningful change.
The International Labour Organization provided technical support for the system’s development with financial support from the Bank’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. The Youth, Jobs and Skills Marker System is the first deliberate action of its kind developed by a development finance institution worldwide.
The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
CAC Flags Three Companies, Warns Nigerians
NDPC Asks Court to Dismiss Meta’s Suit Challenging $32.8m Fine
FG to Launch Fully Digital Expatriate Residence Permit Application Portal August 1
France Moves to Tackle Online GBV in Africa with $4.3m Funding
AfDB to Introduce Systems Reforms to Prioritize Investing in Africa’s Youth
Telecom2 days agoNCC Introduces N10m Licence Fee for Bulk SMS Service
Telecom2 days agoMTN Nigeria Targets $1Bn Cloud Market with Largest Modular Data Centre
General News2 days agoWoodhall Capital and Partners Launch ₦1.5Bn Fund
E-Business2 days agoFirm Highlights Top Risks of Quantum Computing
E-Financial1 day agoZenith Banks Leads as 8 Banks Suffer N156Bn Impairment Charges
General News2 days agoBurna Boy Distances Himself from Meme Coin, Labels Crypto as Fraud
Telecom2 days agoPAT Taps Osi as CEO
E-Financial2 days agoAfrica Launches PAPSSCARD, First Pan-African Card Scheme