Author: Rommy Imah

Fidelity Bank Plc has intensified efforts to improve the competitiveness and sustainability of Nigerian small and medium-sized enterprises (SMEs), offering eligible businesses access to intervention financing at interest rates ranging from 10 to 16 per cent. The initiative, which is being implemented in collaboration with on-lending institutions, is part of the bank’s broader strategy to ease funding constraints, strengthen business capacity and equip entrepreneurs with the resources and expertise needed to expand their operations. The bank disclosed this at the Abuja edition of its quarterly SME Business Forum, themed “Built to Compete: Positioning Abuja Businesses for Sustainable Growth”, which brought…

Moniepoint and the Tosin Eniolorinda Foundation have rewarded three teams of final-year Mechanical Engineering students of Obafemi Awolowo University (OAU), Ile-Ife, with ₦1 million for developing innovative engineering solutions to pressing challenges in agriculture, healthcare and environmental sustainability. The awards, which recognise the students’ creativity and practical problem-solving abilities, were presented at the Department of Mechanical Engineering’s final-year project exhibition, where 12 student teams showcased projects designed to address real-life challenges and contribute to national development. A panel of judges, including Chidinma Enemanna, Lead Executive Communications, Moniepoint Inc., evaluated the projects based on originality, engineering design, innovation, practicality and their…

Africa’s technology industry might have missed one of its pioneering success stories if Leo Stan Ekeh, Chairman of Zinox Group, had allowed prevailing perceptions about the continent’s technological future to determine his career path. Ekeh, who described his decision to establish a technology company in Africa when the sector was virtually non-existent as “corporate suicide”, said his conviction that technology could transform the continent gave him the courage to pursue a path many considered unrealistic. He spoke while delivering a keynote address on the theme, “Losing the Fear”, at the International Women Leadership Conference (TIWLC) in Dubai, organised by the…

The National Information Technology Development Agency (NITDA) has called on Nigerian universities to overhaul their financial management systems through digital transformation, warning that institutional autonomy and increased funding must be matched with transparency, accountability and effective financial controls. The Agency stressed that the adoption of integrated digital systems would enable universities to eliminate revenue leakages, strengthen internal controls, improve financial reporting and ensure more efficient utilisation of resources. The Director General of NITDA, Kashifu Inuwa, made the call while presenting a paper titled “Strengthening Financial Governance and Risk Management in Nigerian Universities” at an engagement organised by the Committee of…

The Federal Government is intensifying efforts to position Nigeria as a leading digital economy in Africa through investments in indigenous technology development, digital infrastructure, innovation funding and emerging technologies. The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, disclosed this at the Global Tech Africa event in Kano, where he outlined the administration’s strategy for building a technology-driven economy and strengthening Nigeria’s competitiveness in the global digital space. Speaking on the theme “Connecting Africa, Accelerating Growth,” Inuwa said the government was pursuing a comprehensive digital transformation agenda that goes beyond internet connectivity to developing local capacity,…

Konga has unveiled its Yakata Black Friday 2026 campaign, offering shoppers across Nigeria a month-long opportunity to save on everyday purchases while standing a chance to win a brand-new SUV. The campaign, which runs from November 1 to 30, features discounts across multiple product categories, exclusive brand offers, exciting giveaways and other promotional activities designed to enhance the year-end shopping experience. A major attraction is the SUV giveaway, which allows customers who shop through the Konga app during the promotional period to enter the draw for the vehicle. The promotion, which commenced in October, will run until December 30, 2026.…

LG Electronics has highlighted the role of technology in strengthening international partnerships and improving everyday life, showcasing its latest innovations at the Republic of Korea’s National Day celebration in Abuja. The company used the occasion to demonstrate how human-centred technology can promote convenience, connectivity and energy efficiency, while reinforcing the longstanding relationship between Nigeria and South Korea. Hosted by the Embassy of the Republic of Korea under the theme “One Heaven. One Earth. One Humanity,” the celebration brought together government officials, members of the diplomatic community, business leaders and development partners to commemorate the friendship between both countries and explore…

Facebook is partnering with acclaimed Nollywood filmmaker and actor Funke Akindele for the London and Lagos premieres of her new film, The Four. The partnership celebrates Nigerian storytelling and the creators and communities helping it reach audiences around the world. Facebook will support the film’s world premiere in London and its homecoming premiere in Lagos, with experiences that bring creators, celebrities and audiences together. The partnership will show how Facebook helps storytellers connect with fans and build communities around the cultural moments they care about, from film premieres to everyday fandom. “Facebook has always been about connecting people, and our…

Moniebook, the business management platform under the Moniepoint Group, has stepped up efforts to strengthen relationships with its merchant community, bringing business owners together in Lagos for an engagement aimed at improving service delivery and expanding access to its business solutions. The gathering, tagged “An Evening with Moniebook,” provided a platform for merchants to interact directly with the company’s leadership, explore new features of the platform and familiarise themselves with the wider range of services available across the Moniepoint Group. The event, which was the platform’s first major merchant gathering since its launch last year, also provided an opportunity for…

The Nigeria Internet Registration Association (NiRA) has called on Nigerians to take an active role in recognising organisations and individuals driving the country’s digital development as public voting opens for the 2026 .ng Awards. The voting exercise, which commenced on October 19 and will close on November 12, 2026, provides members of the public an opportunity to support businesses, institutions and digital initiatives making significant contributions to Nigeria’s internet ecosystem through the adoption and effective use of the country’s .ng domain. The awards, now in their ninth edition, are an annual initiative of NiRA, the registry responsible for managing Nigeria’s…