Tag: global

  • Technology Global repositions for growth

    Technology Global Services Limited has expanded its product portfolio to meet the demand of its increasing customers and position itself for further growth.

    Chief Executive Officer, Technology Global Services Limited, Mr. Akin Oduwole, who unveiled a new logo for the company at a direct-to-garment and print academy business seminar in Abuja, said the company rebranded to further underscore its commitment to improved service delivery and compliance with eco-friendly environment.

    According to him, the rebranding marked another milestone in the history of the company as it expands its product portfolio to meet growing demand by customers and in line with the current economic realities.

    He assured that the company remained dedicated to ensuring the right equipment’s are procured for the intended jobs with an even stronger passion to ensuring that best standards are practised in the Nigerian printing industry.

    He said the rebranding pointed at the determination of the printing equipment sales and support company to continue to constantly explore the unending possibilities in the print industry.

    “Though we are print support provider, we believe in fresh ideas that will make the world a better place. More than ever, Technology Global is now passionate about an eco-friendly company that will not support any product which can bring about environment degradation,” Oduwole said.

  • Obasanjo, others seek joint efforts to tackle global warming

    Obasanjo, others seek joint efforts to tackle global warming

    Former President, Chief Olusegun Obasanjo, has called for joint efforts to reverse the negative effects of climate change and environmental degradation in the country.

    He stated this at the showing and discussion of a film on climate change produced by the Shehu Musa Yar’Ardua Foundation.

    The film, titled: Nowhere to Run, was shown in the multi-purpose hall of Bells University of Technology (BELLSTECH), Ota, Ogun State.

    In  his keynote address, Obasanjo identified with the theme of the film, noting that environmental degradation was of great concern to the nation. He enjoined everyone to make efforts to reverse its negative effects.

    The film, which was spearheaded by the foundation’s Director-General, Mrs Jacqueline Farris and Director, Mr Amara Nwankpa, was aimed at sensitising the public on the negative effects of global warming.

    BELLSTECH Vice Chancellor, Prof Jeremiah Ojediran said the film project has lived up to the ideals of the late Mallam Shehu Yar’Ardua who was committed to national unity, good governance and a democratic society for all Nigerians.

    He noted that the university, which has all its courses, including those offered by the Post-Graduate College, accredited by the National Universities Commission (NUC) has a master plan that takes environmental protection seriously.

    Ojediran explained the dangers of environmental degradation, as it affects the national spectrum, from the North across the Middle Belt region down to the south, as portrayed by the film.

    He said: “Instructively, it also links the devastating effects of climate change with the Boko Haram insurgency in the Northeast geo-political axis and the resurgent militancy in the oil-rich Niger Delta region.

    “With the pressures of rising population, shifting weather conditions, made worse by man’s deliberate destruction of the environment through deforestation, all adversely affect food security.”

    In a discussion session, an expert on environmental matters, Dr Fatima Akilu, said: “Farmers have less arable land to cultivate their crops. There is reduced production of grains. Pastoralists have less areas for grazing. Fulani herdsmen move southwards. Ultimately, communal clashes ensue; as shown in the film by the killing of 57 people in a rural setting somewhere in Benue State. Yet, all these could have been prevented.”

    Citing scenarios from the film, she lamented that without jobs, mass migration of people in the Northeast take place towards Maiduguri town, but they soon realise that their dreams can hardly find the light of day. The resultant effect of this is that many of the idle hands fall preys to terrorists who  lured them with no-interest loans and be converted to religious extremists.

    For the effects on the Niger Delta region, she noted that the film captures what it calls, “Fire in the sky” with the uncontrolled emission of gases from oil companies, described as the largest in the entire African continent.

    Akilu lamented that 45 million tons of such gases are emitted in Nigeria daily.

    “This is equivalent to crude oil production in Brazil. The effects on human health are damning. Increased inhalation of gaseous chemicals such as sulphur and nitrogen dioxide lead to incidents of acid brain, cancer and breathing constraints,” she said.

    Other discussants lamented the dangers of oil spillage.

    “For instance, oil spillage recorded in the film as highest in Bayelsa State has turned what ordinarily should have been the nation’s food basket into a marshy death trap. Sometimes such oil spills could cover as large as 80 per cent of affected land. Fishermen cannot fish and farmers cannot cultivate the land. Made worse is the discovery that some contractors actually sponsor such spillage, only to turn round to demand for government contracts to reconstruct the affected areas,” they said.

    Discussants called attention to the United Nations Environmental Programme’s intervention, which states that 25 years were required for the clean- up of affected areas, adding that until recently, less work had been done.

    The varsity’s Deputy Vice Chancellor, Prof Olusegun Areola called on Nigerians to find lasting solutions to the ‘’environmental disaster’’.

    He suggested that the film be made available to all Nigerians to spur patriotism and better care for the environment.

    The Dean, College of Natural and Applied Sciences, Prof G. J. Osemeobo, said activities such as tree felling, over cultivation and bush burning come out of extreme poverty, which needs to be addressed.

    “No effort should therefore, be spared by various governments, their related Agencies, the private sector and concerned individuals to enlighten the public and more so, put in motion pragmatic measures to mitigate the scourge of climate change on man. A stitch in time would save nine,” he concluded.

  • LBS gets global accreditation

    LBS gets global accreditation

    Lagos Business School (LBS) has become the first institution in West Africa to be accredited by the Association to Advance Collegiate Schools of Business (AACSB).

    From December 1, 2016, LBS joined the league of no fewer than five per cent of business schools globally to be accredited by this body.

    AACSB is the leading global accreditation body for business schools offering undergraduate, masters and doctorate degrees in business and accounting.

    Founded in 1916, AACSB has its headquarters at Tampa, Florida, United States of America. It is the largest business education network, linking students, academia and businesses to advance the cause of business education around the world.

    By the feat of AACSB accreditation, LBS has once more distinguished itself as a management education provider of high repute in Africa. Only four other schools in the entire continent have this accreditation; three in South Africa and one in Egypt.

    In his congratulatory message, the Vice President and Chief Accreditation Officer of the global accrediting body, Robert D. Reid, said: “Congratulations LBS and Dean Enase Okonedo on being the first institution in Nigeria to earn accreditation, and we welcome them into the family of AACSB-accredited business schools.

    “AACSB accreditation represents the highest achievement for an educational institution that awards business degrees. The entire Lagos (LBS) team, including the administration, faculty, directors, staff, and students, are to be commended for their roles in earning accreditation.”

    Reid explained that the accreditation process was designed to validate business schools that are committed to global standards of excellence in strategic management and innovation, student experience, and quality of  both teaching and non-teaching staff.

    “This accreditation affirms LBS’s undeniable commitment, over the last 25 years, to world-class standards in teaching, learning, research, academic and professional management.

    “The rigorous accreditation of AACSB International and the LBS’ ability to scale all the hurdles by sheer determination and strong leadership, have more than ever confirmed LBS’ status as one of the most distinguished business schools in Africa,” he said.

  • ‘Unco-ordinated action responsible for slow global economy’

    The International Labour Organisation (ILO) has blamed lack of coordinated action for the slow growth of the global economy.

    Its Director-General, Guy Ryder, in a statement, lamented that the global economy was yet to recover eight years after the global financial crisis, fueling anxiety that there was a high risk that it would remain stuck in a slow growth trap.

    The ILO chief said there are over 70 million women and me who are unemployed but who would have had a job if pre-crisis growth had resumed. With the latest downward revisions in growth prospects, the jobs gap could rise to over 80 million by 2020.

    His words: “Global real wage growth dropped sharply during the crisis, recovered in 2010, but has since decelerated. If China, where wage growth was faster than elsewhere is not included, wage growth fell to below the one per cent per annum recorded in the crisis years. Increasing decent work opportunities and improving wages are key to breaking out of the slow growth trap and rekindling a virtuous circle of increased investment, rising productivity and sustainable enterprise and wage and consumption growth.

    “It is estimated that 156 million employed youth, or 38 per cent of working youth in emerging and developing countries are living in extreme or moderate poverty. The potential of the generation that must work to achieve the 2030 Agenda’s sustainable development goal is being wasted.”

    Ryder stressed that investing in gender equality at work and in enabling women and men to balance work and family respo  nsibilities is a top priority in structural reform of the labour market and increasing the productive potential of the world’s workforce.

    The DG noted that the the body and the World Bank’s shared objective is to increase the number of countries that can provide universal social protection, supporting countries to design and implement universal and sustainable social protection systems.

    “Universal social protection refers to the integrated set of policies designed to ensure income security and support to all people across the life cycle – paying particular attention to the poor and the vulnerable,” Ryder said.

     

  • ‘Global partnership vital to agencies’growth’

    It is  necessary for agencies to look for other global  counter-parts to enable them attain their vision, the Group Managing Director of Noah’s Ark, Mr Lanre Adisa, has said.

    Citing the decision of Noah’s Ark to partner Dentsu Aegies Network (DAN), a leading global advertising firm, he said it was pertinent for agencies yearning for growth and global recognition to get out of local market through affiliation whose partnership would enable them attain the vision for which such local agencies were set up.

    Speaking at the signing of a partnership agreement between Noah’s Ark Communications and Dentsu Aegis Network (DAN) in Lagos, Adisa said the decision of Noah’s Ark to go into partnership was informed by the need to further widen its horizon and entrench the young creative agency in the global advertising space.

    Adisa said the partnership would see Noah’s Ark being the creative partner to Media Fuse Dentsu Aegis Network (MFDAN), consisting of the  global agency, DAN and its local media affiliate, the Media Fuse.

    He explained that the agency had been able to achieve milestones since it was set up eight years ago, one of  which was being the first agency in the country and West African sub-region to be featured in the renowned Lurzer’s Archive, in 2012.

    He, however, expressed the belief that the agency’s partnership with DAN, would go a long way in enhancing the global status of the agency and help DAN establish its presence in the local advertising space.

    “Dentsu is one of the top global holding companies in the advertising world. It is on record that it is the fastest growing of our top players today. Right from our first contact, we were humbled by their respect for our brand.

    “With this affiliation, we will be having Media Fuse Dentsu Aegis Network (MFDAN) as our media partners while we also become their creative partner in this market. For our clients, this amounts to having the best of both worlds,” he added.

    Chief Executive Director, Sub-Saharan Africa, Dentsu Aegis, Mrs. Dawn Rowlands, said the choice of Noah’s Ark Communications was informed by the level of energy of the Noah’s Ark’s team, its cohesiveness and the availability of an environment that drives creativity.

     

  • National Robot Olympiad, three winners for India global contest

    Two public and one private schools would be heading for the World Robots Olympiad in India having emerged winners of the National Robot Olympiad competition.

    Imperial Gate School Lekki, Lagos, emerged first in the elementary Category, Model College, Meiran Lagos dusted others in the junior category, while Surrogate Achievers clinched the crown to wrap up the junior category.

    Expressing her joy on Saturday at  Oriental Hotel Lekki venue of the event , representative of Imperial Gate School Sandra Umeh who won at the open category scoring an astounding 200 over 300, expressed her excitement in victory.

    Sharing her experience, Umeh said robotics challenges an individual’s creativity, constant thinking and practice to achieve success.

    Meanwhile, Mr Bayo Biyeye, the Director of Science and Technology, Lagos State Ministry of Education praised the Lagos State government for showing enthusiasm in robotics.

    Biyeye, who described the exercise as laudable, noted that the competition has enjoyed government support over the last five years.

    He said: “The state government has also provided Leego kits for our schools. We want to make sure that the schools have the kits so that the children can practice.

    “It is a good programme and an application of Information Communication Technology,” he said.

    Head, Infant School Meadow Hall School, Lekki, LagosMrs Bisola Obasanya said robotics promotes science, technology, engineering and mathematics among children.

    Obasanya said about 22,000 particpants globally from across public and private primary, secondary and tertiary institutions feature in the completion before arriving at the qualifier.

    She said robotics had made children to be creative and think out of the box.

    “Kids like it (robotics) a lot, it is not like the normal regular boring school work.

    “Whenever they are on their own, it looks as if they were playing with toys but they are learning in actual sense.

    “Kids love Leego education, children learn through it; it is a different way of teaching,” she added.

    She, however, praised the Lagos state government for the support given to robotics or Leego education in the state.

    Prior to the grand finale, competitions were held across states and regional levels nationwide which eventually climaxed in the 48 finalists that competed for the crown at the sixth edition of National Robotics Olympiad qualifier.

     

  • PwC’s global gross revenues hit $35.9b

    Price Waterhouse Coopers (PwC) International Ltd has reported global gross revenues of $35.9 billion for the fiscal year ended June 30, 2016. The firm said at constant exchange rates (local currency), its total global revenues rose by over seven per cent.

    Pricewaterhouse Coopers (PwC) International Ltd Chairman, Bob Moritz, said the revenue growth was as a result of the strength of its brand, the opportunities it provides for its people, the quality of services and its focus on meeting the needs of stakeholders.

    Noting that these attributes remain at the heart of PwC and how it measures its success, Moritz said, “Our revenue growth in fiscal year 2016 across all major markets and businesses is testament to our fundamental purpose of building trust and solving problems.”

    He said that to secure future growth, PwC was investing heavily in technology to enhance the quality and impact of its services and make the best use of the skills of its people. “The world is changing rapidly and we are planning for the services our clients, capital markets and other stakeholders will need tomorrow, as well as serving their needs today,” he said.

    Moritz said whether it’s the tax and audit services of the future, transformational consulting, block chain or augmented reality, the firm was implementing a strategy to meet the long-term needs of its stakeholders and the career aspirations of its people.

    “This is an era of unprecedented scrutiny and the public expects more from business today.  We are focused on how we can best serve not just the needs of our core stakeholders, but society at large.  This is reflected in our purpose, the culture we’re building right across our network and in the stories we tell in our annual review,” he stated.

    PwC’s fiscal year 2016 global annual review is an online digital experience that uses video, graphics and stories to show who the firm is, what it does, what it thinks and how it is doing.

    According to the report made available to The Nation, more revenue growth was coming from developing markets – particularly Asia where revenues grew by 10 per cent, with strong performances in India and China.

    In North America and the Caribbean, revenues grew by eight per cent boosted by a strong performance from the United States (US), the firm’s largest market in the world.   While in South and Central America, revenues were up nine per cent.

    In Western Europe growth was steady, up six per cent.  Central and Eastern Europe posted robust revenue growth of 10 per cent.

    Demand for PwC’s network’s audit and assurance businesses remained strong despite fierce competition and price pressure across the world.

    In the year under review, PwC’s $15.3 billion assurance business grew by six per cent.

    Broader assurance services such as Information Technology (IT), risk and data assurance are all areas where PwC is driving innovation and increasing investment.

    Advisory growth of eight per cent to $11.5 billion was driven by an increased demand from clients for PwC’s network strategy through execution services and by excellent growth across a broad range of consulting, forensics and deals-related work.

    In particular, cyber security, digital and data & analytics services benefitted from the company’s significant recent investments.

    The strong market for deals positively impacted its network’s tax operations, with revenues increasing by seven per cent to $9.1 billion.  In addition, there was continuing strong demand for compliance, corporate consulting and transfer pricing work globally.

    Moritz, however, said quality continues to be the driving force of all PwC’s operations around the world.  He said 2016 alone, $500 million was invested to further enhance the quality and delivery of its services as the company continues to focus rigorously on meeting the needs of its stakeholders.

    He added that the PwC network welcomed a record level of new joiners, adding 58,081 people in 2016, including 26,780 graduates. Overall PwC’s global headcount grew by over seven per cent to more than 223,000 people.

  • Global Lifestyle group marks Eid al-Adha

    The Global Lifestyle hotel brands in Nigeria made up of Sheraton Lagos Hotel, Sheraton Abuja Hotel, Four Points by Sheraton Lagos, Le Meridien Ogeyi Place- Port Harcourt and Le Meridien Ibom Hotel and Golf Resorts- Akwa Ibom have unveiled  Eid packages for its customers.

    The hotel teams have extended their goodwill to families and friends with discounted room rates  valid from 8 to 18 of September.

    The Area General Manager for the hotels, Barry Curran, said:  “This festive holiday will be celebrated with special Sallah meals where families can come together to enjoy roast lamb and other delicacies prepared by renowned chefs of the hotels.

    “At Le Meridien Ogeyi Place Hotel in Port Harcourt, you can be sure that the Sallah special at the Ororo Restaurant is a treat to experience. “

    For those wishing to enjoy the the Eid holidays, he said: Le Meridien Ibom Hotel and  Golf Resort Akwa Ibom is the perfect get-away choice for family and friends.

    “Our offers will include complimentary breakfast,  complimentary dinner or lunch, high speed internet access, in-room amenities, express access to our fitness facilities, while kids below six  eat for free.

    “You can spend the day at Sheraton Lagos Hotel or Four Points by Sheraton Lagos without sleeping over and still access our world-class recreational facilities.”

  • Global membership for researchers, others

    A global research group, the International Association of Research Scholars and Administrators (IARSA), will confer membership status on some eminent scholars, researchers, statutes, educationists and administrators in the academia.

    The beneficiaries are from the United States of America (U.S.A), Canada, the United Kingdom (UK), India, the United Arab Emirates (U.A.E)., Nigeria and other parts of the world.

    The membership categories include patron, senior fellow, fellow, associate fellow, senior member, member, associate member and student member.

    A pre-induction lecture will hold at the University of Lagos (UNILAG) Conference Centre at Akoka, Yaba, Lagos.

    It will be performed by the renowned scholars in the academia on September 28 at 11 a.m prompt.

    The special guests of honour include governors, renowned jurists and dignitaries in the academia, private and public sectors from Africa, U.S.A, Canada and UK.

    In a statement by its General Secretary, Prof. (Mrs.) Ruth A. Inaolaji, IARSA said: “This well deserved honour is to recognise extraordinary intellectuals, outstanding achievers in the academic, research and professional advancement in the world. The finest and most useful method to recognise their accomplishments and to formally bestow upon the worthy scholars and researchers the respect they deserve is by the conferral of these membership status of the association.”

  • Jumia makes 50 global smartest firms list

    Jumia makes 50 global smartest firms list

    The Massachusetts Institute of Technology (MIT) has named African Internet Group, which re-branded to Jumia, amongst the world’s 50 Smartest Companies for 2016.

    MIT editors picked 50 companies worldwide that best combine innovative technology with effective business models, taking into account the results emanating from a set of agenda in their respective sectors over the past 12 months. Jumia, the only e-commerce company in Africa to have made the list, ranks no.47 amongst other tech giants like Amazon, Huawei, Facebook, Microsoft and more. Ranked just after social media phenomenon Snapchat, Jumia (formerly Africa Internet Group) is recognised by MIT as a leader in its sector, using technology to redefine multiple industries.

    Through its 9 services, Jumia provides online solutions to the African consumer in an array of sectors: hospitality, food, general merchandise, electronics, fashion, deals, jobs, cars and houses.

    The general merchandise online retail store Jumia, which bears the flagship name, as a true game changer, redefining the way African consumers shop. Other services mentioned are Jumia Travel (formerly Jovago), a leading hotel booking portal, and Jumia Classifieds comprising four online marketplace for jobs, deals, cars and houses.

    The company’s vision and objectives have been backed by top brands like telecom giants MTN and Orange, a leading insurance and financial company AxaMansard, as well as Millicom and Rocket Internet who see the group as a way of accessing the continent’s developing and promising online economy.

    Indeed, Jumia Group has contributed immensely to the digitisation of the African ecosystem- 1 in every 25 Africans visited Jumia websites in 2015, and more than 50 per cent of those visits are made via a mobile phone.

    The different services of Jumia are among the top 6 visited websites in the countries in which it operates and account for than more than 15 million visitors each month.

    According to the Chief Marketing Officer, Jumia, Fatoumata Ba, she stated that, “We are humbled to be recognised for our role in redefining the way Africans shop, travel, buy and sell.

    Our strength comes from our deep knowledge of our customers and of the countries we operate in.

    This has allowed us to build solutions and services that are entirely tailored to the behaviors and realities on ground such as low bancarisation that we address through cash on delivery, relatively low internet penetration that we address through our offline sales force and a strong reliance on mobile which we have understood, by providing a great electronic assortment with leading brands and providing an amazing mobile shopping experience to our customers.

    We will continue to develop those services with as much passion as when we started in 2012 and hopefully rank even higher in the MIT list next year”.