Telecom
Stakeholders Hold Roundtable on Digital Rights and Engagement in Lagos
Tolu Ogunlesi, Head, Presidency Office of Digital Engagement (PODE) said that effective digital engagement by government agencies remains a big priority for the Federal Government because of its immense potential.
Ogunlesi, said this at a stakeholder roundtable on digital rights and digital engagement organised by Paradigm Initiative, Facebook and PODE.
The roundtable, which was held on February 22, in Lagos, brought together stakeholders from government agencies, the private sector and the civil society.
It provided an engaging atmosphere for a lively debate on issues affecting internet freedom and digital engagement by government agencies in Nigeria.
Issues discussed at the roundtable include data privacy and protection, law enforcement, libel, fake news, and digital engagement by the government. The roundtable followed the first edition held in Abuja last year.
Gbenga Sesan, Executive Director of Paradigm Initiative, Speaking at the roundtable, emphasized the need for continuous conversation between stakeholders in the private sector, civil society and the government on digital rights issues in Nigeria.
He said, “Digital right issues are far too important to our democracy and it is crucial that we engage in conversation with security agencies and public servants on how we can ensure freedom of people online while keeping the nation and citizens safe.”
In her remarks, Akua Gyeke, Public Policy Manager, Facebook Africa, said, “Facebook is an important platform for political conversation in Nigeria, and we are happy to be a part of this.
“Facebook is dedicated to keeping people safe online, foster civility and responsible behaviour and promoting free expression and sharing.”
Tolu Ogunlesi, who led the conversation on a proposed Digital Engagement Policy for Federal Government, said that his office was working hard on creating digital engagement standards that would guide all government offices in their use of digital tools to ensure effective communication with the public.
“There is currently no social media policy for the Federal Govt. This is understandable as social media use is relatively new in government circle.
“But this situation has led to inconsistency in the way government offices use digital media.
“We are currently working on creating a digital engagement policy for the federal government.
“It will provide guidelines on platforms to use, accounts administration, logo and naming standard, editorial policies, archival system, content process and management, among other things”
Participants at the roundtable include Anselm Ozioko of the Economic and Financial Crimes Commission representing the Acting Chairman of the Commission and the Acting Director of Defence Information Brigadier General John Agim, who provided perspectives from the national security and law enforcement side.
Other participants are Chioma Okee-Aguguo representing the CEO of National Information Technology Development Agency, Olufemi Fadare of the National Identity Management Commission, Olusola Teniola, President, Association Of Telecommunication Companies Of Nigeria (ATCON), Edet Ojo, Executive Director at Media Rights Agenda.
Telecom
Unforgettable Moments and Big Wins at the TECNO SPARK 30 City Tour
TECNO SPARK 30 city tour made a memorable stop at Ikeja City Mall on November 15th, bringing with it an infectious energy that electrified the entire city.
As the event unfolded, it was clear that this was more than just a product showcase – it was an immersive experience designed to thrill and delight.
The day’s festivities kicked off with the iconic TECNO SPARK 30 transformer bus, painted in bold red and blue hues, rolling into action.
The bus served as the hub for a games grotto, where fans immersed themselves in thrilling digital games and adventures.
Outside, the excitement spilled over, with attendees engaging in friendly competitions of Jenga, Monopoly, Ludo, and chess.
These games sparked laughter, playful banter, and a sense of camaraderie among strangers.
As the games heated up, so did the rewards. Purchasers of the TECNO SPARK 30 Pro enjoyed a N20,000 discount and a chance to win up to 100% cashback by participating in the games.
The atmosphere was electric, with cheers of victory, enthusiastic applause, and celebratory high-fives.
The excitement reached a fever pitch with the arrival of tech and lifestyle creator Kagan, accompanied by Big Brother Naija Season 9 stars Victoria and Ruthee.
The trio dove into the action, competing in games and claiming victory. They were awarded TECNO-branded gift items, earning cheers and applause from the thrilled crowd.
The event was an unforgettable experience, leaving a lasting impression on all who attended.
Telecom
Sophos Report Highlights Cyber Risks During Holiday Shopping Season
During peak shopping days, this threat intensifies.
Here’s what happens: with the surge in online deals, more employees may be shopping from their work computers, feeling that Cyber Monday is a legitimate time to do so.
This increases the risk of them clicking more freely and potentially exposing the organization to malicious links or phishing attacks.
To keep your organization safe, encourage your team to follow these simple tips:
• Don’t click deals in email that look too good to be true or are from businesses you don’t have accounts from – these could be phishing emails hoping to bait you into clicking links to bogus, malicious web sites.
This season, small steps can make a big difference in protecting against cyber threats.
Telecom
MTN Nigeria Shops for N50Bn Commercial Paper to Boost Working Capital
MTN Nigeria Communications Plc has announced plans to issue up to N50bn in Series 13 and 14 Commercial Paper Notes under its N250bn Commercial Paper Issuance Programme.
This proposed issuance aligns with the company’s strategy to broaden its funding sources and strengthen its liquidity position.
The proceeds from the issuance are earmarked to support MTN Nigeria’s short-term working capital needs, enabling the company to sustain its operations and meet financial obligations effectively.
In a statement to the Nigerian Exchange Limited (NGX) and the investing public, MTN Nigeria emphasized its commitment to maintaining financial stability and operational efficiency.
According to the statement signed by Uto Ukpanah, company secretary, further details regarding the structure, pricing, and timeline of the issuance will be disclosed to the market in due course, as MTN Nigeria continues to engage with stakeholders and regulatory authorities.
MTN Nigeria recently completed its series 10 commercial paper issuance under its upsized N250bn commercial paper issuance programme.
The telecom giant said it sought to raise N72.1bn and the offer recorded 149 per cent subscription with N72.1bn issued.
The 266-day commercial paper was issued on 29 November 2023 at a yield of 16 per cent.
The CP issuance aligns with MTN Nigeria’s strategy to continue diversifying its funding sources and reducing its average cost of debt. The proceeds will be applied towards short-term working capital requirements.
Karl Toriola, chief executive officer, MTN Nigeria said. “We are pleased with the support received from the investor community, having recorded a 149 per cent subscription from a broad range of investors. This reflects NTN Nigeria’s robust financial capacity, brand strength, and market leadership amidst the upward pressure on interest rates”
Stanbic IBTC Capital Limited played the role of Arranger and Dealer with ARM Securities Limited. Chapel Hill Denham Advisory Limited, Coronations Marchant Bank Limited, FCMB Capital Markets Limited, Quantum Zenith Capital &Investments Limited, Rand Marchant Bank Limited, and Vetiva Capital Management Limited played the role of Joint Dealers on the transaction.
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