Showing posts with label stage. Show all posts
Showing posts with label stage. Show all posts

Monday, December 10, 2018

Stage is set for Africa eCommerce 2018, Kenya agog - ITREALMS

The United Nations body responsible for helping leverage on trades, the Conference on Trade and Development (UNCTAD) has concluded plans to host the maiden edition of the Africa eCommerce Week in Nairobi, Kenya, reports ITREALMS.

The week-long event which opens today, Monday is to last till Friday, December 14, in what has been classified as the first regional incarnation of UNCTAD’s global eCommerce Week, held annually in Geneva.
ITREALMS reports that under the theme “Empowering African Economies in the Digital Era”, Africa eCommerce Week is a response to the growing demand for e-commerce dialogues, as the digital and mobile revolution continues apace.

It comes at an opportune moment, given that the international community, regional organizations, and individual countries are exploring ways to advance development gains from the digital economy and thereby help achieve the ambition of the 2030 Agenda for Sustainable Development.

Moreover, the landmark African Continental Free Trade Agreement, signed in March this year, is expected to have a positive impact on intra-African trade. As trade increasingly moves online, there is a growing need to discuss the implications of e-commerce for African economies.

Already, in 2017, Africa had 21 million online shoppers – showing the enormous potential of the African e-commerce marketplace.

“Turning this tremendous opportunity into inclusive development requires a massive effort on the part of all of us – in Africa and beyond,” said UNCTAD Secretary-General Mukhisa Kituyi.

“We are at critical juncture – and that it is why UNCTAD decided to have a meeting in Africa, for Africa and by Africa, focused on harnessing the potential of digitalization and the mobile revolution.”

Chuks Egbune/GEE

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Sunday, August 27, 2017

Funmi Iyanda goes on stage with Oya Chronicles

Media personality, Funmi Iyanda, will be on stage at Kachette 347 Old St, London EC1V 9LPon Sunday, August 27 for Oya Chronicles: In Conversation With My Mother, reports ITRealms.

The enchanting one night event of spoken word, dance, art and music will run from 6pm to 10pm.

In Conversation With My Mother is the physical embodiment of the literary piece of the same title written by Iyanda.

The haunting piece of literature promotes dialogue as a form of healing, bridging the space between the writer and her mother.

Oya Chronicles cleverly incorporates dance and voice acting to recreate this conversation, transporting it from page to stage, universalising its importance in the process.

What begins as a dialogue between mother and daughter emerges as a timeless, ageless, and genderless conversation between two humans, each longingly searching for each other, extending their hands through eternity, reaching for love and healing, but mostly, for each other.

Kachette in London will witness a dance performance, the auction of a painting for charity, a live vinyl mixer, and a concluding spoken word poetry performance.

Iyanda is a Nigerian media entrepreneur with a long-standing record of connecting great people and ideas to diverse audiences.

She is recognised by the World Economic Forum (WEF) as a young global leader and by the BBC as one of the Women to Watch in its 100 Women
Oya Chronicles is a rare opportunity to take part in the auction of the painting titled And Freud Said He Didn’t Know and the unique experience of witnessing Iyanda talk on stage.

Tickets for the event can be purchased at

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Friday, July 08, 2016

NCS Confab 2016: Innovation takes centre stage

The 26th National Conference of the Nigeria Computer Society (NCS) promises to have Information Technology (IT) innovation at the centre stage, reports ITRealms.

The conference scheduled for July 19 through 21, 2016 at the NAF Conference Centre in Abuja, according to the chairman, Conferences Committee at NCS, Mr. Jide Awe, prides itself as Nigeria’s largest annual IT conference, comes this year with the theme, “Information Technology for National Safety and Security.”

Awe made this disclosure in a press statement made available to ITRealms, saying that the theme emphasises innovation in national safety and security which aligns with the security priority of the Federal Government.

While appreciating Ministries, Department and Agencies (MDA), NCS said they have made some successes in recent times, but stressing that the conference is a clarion call on the application of innovative IT tools and strategies for improved effectiveness and performance in all aspects of national security.

These areas of national security, he said include border security, military, cybersecurity, policing to name a few.

ITRealms recalls that the Nigeria Computer Society (NCS) is the umbrella organization of all Information Technology professionals, interest groups and stakeholders in Nigeria.

Formed in 1978 as Computer Association of Nigeria (COAN) and later transformed into NCS in 2002 as a result of harmonization with other stakeholders and interest groups, thus positions itself as the national platform for the advancement of Information Technology science and practice in Nigeria.

ITREALMS ... everything news digitally!

Monday, January 12, 2015

NATCOM consortium pays N14.051bn for NITEL

DigitalSENSE Business News:

In fulfillment of its first obligation, the preferred bidder of the Nigeria Telecommunications Plc (NITEL) and its mobile arm, Mobile Telecommunication (MTEL), the NATCOM Consortium, recently made a part payment of $75.75 million, about N14,051,626,202.30 billion, for the deal, reports DigitalSENSE Business News.

According to the Head of Public Communications, Mr. Chigbo Anichebe in a press statement sighted by DigitalSENSE Business News, the Bureau of Public Enterprises (BPE) said in Abuja that the payment was 30 per cent of the $252.52 million about N46,703,574,000.00 bid price for the acquisition of the assets and business units of the enterprises.

He also quoted the consortium’s lead, who is equally chairman, Skye Bank Plc, Mr. Olatunde Ayeni, as saying the offer letter to the preferred bidder which mandated NATCOM to make an initial deposit of 30 per cent of the bid price not later than 14 days on receipt of the offer letter has since been received.

DigitalSENSE Business News gathered that with this payment, NATCOM is anticipated to pay the balance of 70 per cent of the bid price within 90 days. 

“It is therefore imperative to inform creditors that disbursements to them will be considered only after full payment has been received,” BPE official said.

DigitalSENSE Business News recalls that the National Council on Privatisation (NCP) had on February 27, 2012, approved the privatisation of NITEL and its subsidiary MTEL through a term “guided liquidation.”
Experts explained that the strategy of guided liquidation was agreed by the NCP after due consideration of other options, including previously failed attempts to privatise NITEL and MTEL over Strategic Core Investor Sale and Negotiated Sale strategies as well as the huge liabilities of creditors to the tune of over N300 billion.

Under the guided liquidation strategy, DigitalSENSE Business News reports, all the core assets and business undertaking of NITEL and MTEL were to be sold as single or multiple lots to a qualified bidder by the liquidator under the general guidance of the NCP.

The bidder that acquires the assets of NITEL and MTEL will pledge to continue to operate the assets to provide telecoms services. This is as against the traditional liquidation of an enterprise by asset stripping.
Subsequently, there was advertisements for submission of Expressions of Interest (EOIs) from prospective bidders for the acquisition of the assets and business undertaking of NITEL and MTEL in both local and international newspapers by the liquidator. 

However, at the expiration date on June 30, 2014, 17 organisations and consortia submitted EOIs; and only two satisfactorily met the stipulated prequalification criteria.

DigitalSENSE Business News recollects that on September 18, 2014, the two successful applicants, NATCOM Consortium and NETTAG Consortium, reportedly met the minimum pass mark of 75 per cent pre-qualification standard and issued the Request for Proposals (RFP) which allowed them proceed to data room and due diligence stage before submission of their technical and financial proposals.

Eventually, beat the deadline of November 7, 2014 for submission of bid.

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