E-Business
Samsung Unveils Fold 3 Phones, Offers to Trade Samsung Note for Fold 3

Samsung Electronics Nigeria, along with its counterparts worldwide, has introduced the third in the series of its revolutionary foldable phones – Samsung Galaxy Z Fold 3 and Z Flip 3 to rave reviews from customers and potential customers.
The launch, which was held simultaneously with its global headquarters, took place at Ebony Life Place, Victoria Island, Lagos this week.
Samsung continues to delight customers with its revolutionary devices designed to meet the diverse needs of its ever-growing customers and the new additions are not exceptions to the rule.
The new Samsung Z Fold 3 supports usage of an S-Pen and has a bigger display area on the screen. It also has a versatile multi-window experience, which enables customers to multitask while using the phone.
Speaking at the launch, Danny Kim, Managing Director, Samsung Electronics Nigeria, said “We’ve covered all the basics of both technologically and in its functionality during the development. Users of this phone will have so much fun with it.
“They will be able to use one screen for a virtual meeting for instance, while working with the S-Pen on the other screen. The camera function is exemplary; transitioning to the Z Fold 3 is easy and seamless”.
Speaking further, Kim said, “I will also like to correct an impression, which often plaques the minds of our customers. Over the years, customers have been worried about the cost for the replacement of broken screens and repairs for Samsung phones but we have done something very important about it.
“We have introduced Samsung Care+, which is a function every customer should subscribe to when they purchase a new phone. Subscribing to this service contract helps to reduce the cost by more than 80 percent for repairs done on Samsung phones,” he added.
The new Z Flip 3 is an upgrade, which combines the portability and flexibility of a smartphone with the power and screen size of a tablet for ultimate productivity.
The Z Flip 3 has been specially designed in sleek colours, technologically advanced camera functions and ease of carrying the phone from one place to another. It is particularly developed to pique interest from the female folks who want stylish devices packed with incredible functionalities.
Also speaking at the event, Chika Nnadozie, Marketing Manager, Samsung Electronics Nigeria, said “We are currently moving our Samsung Note customers to Fold 3 device and we are happy to trade the Samsung Note for the Z Fold 3 device.
“We can guarantee our customers that they will receive the same satisfaction and experience even better functionalities because we never compromise our standards” she added.
According to Retail Manager, Samsung Electronics Nigeria, Moses Oyebade, “Samsung Nigeria is proud to offer both the Z Fold 3 and the Z Flip 3 with packages that will reduce the burden of cost to our Nigerian consumers. We will provide trade-in purchase options as well as an installment payment program up to 12 months at a considerably low interest rate.
Samsung has proven its enduring popularity in Africa with the release of the latest Brand Africa 100® list. It is the first and most comprehensive pan-African study and ranking of brands in Africa. Samsung was acknowledged as the third Most Admired Brand in Africa, across all categories and number one in the electronics/computer category.
E-Business
Visa to Establish Data Centre in Nigeria to ‘Boost Digital Economy’

Visa, global payment services giant, has announced plans to establish a data centre infrastructure in Nigeria.

Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima
According to a statement by Stanley Nkwocha, senior special assistant to the president on media and communications (office of the vice-president) on Friday, Andrew Torre, Visa’s regional president for central and eastern Europe, the Middle East, and Africa, spoke during a courtesy visit to Vice-President Kashim Shettima at the presidential villa in Abuja.
“This is in addition to its investments of over $1 billion in the country, including a substantial technological partnership with @moniepoint to foster digital payment solutions, a $200 million investment in Interswitch, and a partnership with @thriveagric to empower smallholder farmers and enhance food security in Nigeria,” the statement reads.
During the meeting, Torre said the plan to establish the data centre infrastructure aims to bring new technologies into the Nigerian market that would bolster the nation’s growing digital economy.
“Visa has been making investments and will continue to make these investments in Nigeria,” he said.
Responding, Shettima welcomed Visa’s expansion efforts, assuring the delegation that the partnership between Visa and the Nigerian government would continue to flourish.
The vice-president commended the company for investing in ThriveAgric, noting that President Bola Tinubu’s administration is deeply committed to repositioning the agriculture sector, which remains a top priority in its 8-point agenda.
“Nigeria is where the action is. Of the 10 fintechs in Africa, about eight are in Nigeria, with moniepoint as the newest addition,” Shettima said.
“Agriculture is key to the 8-point agenda of the present administration. President @officialABAT is really keen on repositioning the agriculture industry here, and we have to invest in technology, we have to invest in modernisation.”
On January 23, Moniepoint, a Nigerian fintech company, announced it secured investment from Visa to support the growth of small and medium enterprises (SMEs).
Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima
E-Business
FCTA Approves N242.8m for Microsoft 365 Licence to Digitise FCT-IRS

Federal Capital Territory Administration (FCTA) has approved N242.8m for the procurement of a Microsoft 365 licence for its Internal Revenue Service (FCT-IRS) as part of efforts to digitise the service’s operations.
Mr Michael Ango, acting executive chairman of FCT-IRS, disclosed this after the FCT Executive Committee meeting chaired by Mr Nyesom Wike, the minister of FCTA, in Abuja on Wednesday.
Ango said that the FCTA was making significant investments in technology to enhance revenue generation and collection.
“So, this is also one of those investments in technology that the FCT is undertaking.
“The licence, if procured, will enhance our ability to move most of our manual processes into automated processes.
“It will enhance our ability to communicate within our offices,” he said.
The executive chairman added that the move would also reduce the use of paper and ensure better record-keeping through the storage of information and documents in the cloud.
According to him, “The licence will essentially enhance our operations and assist us in generating revenue for the development of the FCT under Wike’s leadership.”
E-Business
Rack Centre Hosts Olla Systems’ Private Cloud Infrastructure

Rack Centre, West Africa’s Tier III Carrier and Cloud neutral data centre, has welcomed Olla Cloud Service, a new private cloud service by Olla Systems Limited, a leading provider of innovative technology solutions, to its facility.
Hosting at Rack Centre, Olla Cloud Service runs on a state-of-the-art, cloud-enabled infrastructure for enterprise applications across diverse platforms, including mission critical application, web applications as well as containerised applications using Kubernetes.
Lars Johannisson, CEO, Rack Centre, welcoming Olla Systems, noted that the partnership with Olla Systems Limited would reflect the company’s commitment to providing African businesses with high- quality cloud computing services.
He noted that Olla Systems would enjoy Rack Centre’s 13.5MW data centre campus facility, designed to meet the highest international standards and offering scalable solutions to Hyperscalers, Enterprises, and Cloud service providers.
As part of its commitment to sustainability, the facility is equipped with energy-efficient systems, advanced cooling technologies to mitigate environmental impact and an optimally-designed feature to handle high-density workloads with precision.
According to Johannisson, “With Olla Cloud Service hosting at Rack Centre, clients will experience fast performance and low latency, enabling businesses in Africa to access world-class cloud computing services within a secure and compliant local infrastructure.”
Also speaking, Olusola Adenuga, chief executive officer, Olla Systems Limited, expressed enthusiasm about hosting at Rack Centre, noting that Olla Cloud remains a groundbreaking private cloud solution for businesses.
While highlighting the benefits of the partnership between Rack Centre and Olla Systems, Adenuga disclosed that “subscribing to Olla Cloud Service is cost-effective to customers because of its local currency payment advantage.”
She also noted that the partnership between the duo, provides businesses the opportunity to meet regulatory requirements of data residency, while enjoying world-class infrastructure as a service (IaaS) locally.
“Other benefits of hosting with Olla Cloud include: 24/7 support, unparalleled performance, scalability and agility.” she added.
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