News
GoOnline to Unveil Beneficiary SMEs at TechPlus 2017

GoOnline Nigeria will announce 25 Small and Medium Enterprises (SMEs) to benefit for free in the pilot of the business growth programme for digital transformation of SMEs in Nigeria launching next month in Lagos.
GoOnline Nigeria is running a #GoOnlineNigeriaSME50 campaign on its official portal, www.goonline.ng, to select 50 SMEs to benefit from the national programme that promotes digital transformation of SMES across Nigeria.
GoOnline Nigeria has selected TechPlus 2017, Africa’s largest technology gathering holding July 6-8, 2017 under the theme, “An Intelligent Future” at The Landmark Centre Victoria Island in Lagos for the launch of the programme.
Mr Foluso Busari, executive director, Programmes at GoOnline Nigeria, announced that 50 successful SMEs in the #GoOnlineNigeriaSME50 campaign underway will be announced at TechPlus 2017 to formally launch the GoOnline Nigeria programme in the country.
Busari said that, “after several years of planning, we are pleased to announce that we have seen TechPlus 2017 as a valuable platform to serve as our launch pad for GoOnline Nigeria. GoOnline Nigeria will join other companies around the world that converge at the annual TechPlus events to showcase and learn how technology is evolving to meet the needs of a digital generation and modern business.”
The GoOnline Nigeria programme is delivered by an alliance of Programme Partners and SME Growth Drivers across the technology, Internet, payments, financial services, media and allied industries.
He said that at TechPlus 2017, GoOnline Nigeria will showcase its initiatives towards aggregating Nigerian SMEs to sustainably lead and unlock business innovation, efficiency, competitiveness and profitability in the Digital Age.
GoOnline Nigeria’s 360-degree programme is delivered through three key modules: Get Online, Grow Online and Succeed Online for SMEs across Nigeria to sell profitably on the Internet.
According to him, “SMEs are a very important component of the Nigerian economy and are regarded as engine of sustainable growth. SMEs also hold potentials to contribute higher proportion to GDP in Nigeria with targeted initiatives like GoOnline Nigeria to unlock potentials in the sector and build a stronger SME sector. Consistent commitment to the development of strong SMEs sector can be unlocked by implementing initiatives like access to finance and financial incentives; basic and technological infrastructure and a commitment to building domestic expertise and knowledge.”
Mr Busari said that 2017 is a good year to launch GoOnline Nigeria because of the prevailing policy and regulatory environment in the country that promotes Local Content Policy.
At TechPlus 2017, the 50 lucky SMEs will also benefit from workshops and other learning experiences as well as opportunities to network with event attendees representing leaders in industry, government and successful entrepreneurs.
According to the Programme Director of GoOnline Nigeria, “our vision is to provide 21st Century IT and business resources for Nigerian entrepreneurs and SMEs to lead business innovation, business competitiveness and profitability in the Digital Age. GoOnline Nigeria will be sustainable into the foreseeable future by evolving SMEs that will be agile, sustainable, efficient, innovative and profitable by embracing the Internet for business.”
Under the GoOnline Nigeria plan, participating SMEs will get affordable web presence bundling free Nigeria .ng Internet domain name, website, web hosting, telecoms starter kits for SMEs, e-commerce, CRM and other business management tools.
Stage Two on Grow Online will provide SMEs across Nigeria with 21st Century IT and business skills for entrepreneurs to lead business innovation, operational efficiency, business competitiveness and profitability in the Digital Age.
This phase of the programme will incorporate targeted training, workshops and seminars spread over a one year cycle of monthly learning experiences to offer partner SMEs the needed skills and competence to gain and retain customers by leveraging the Internet.
According to Mr Busari, “more importantly, this phase also enable partner SMEs and merchants to unlock value propositions available from GoOnline Programme Partners and SMEs Growth Drivers to grow their businesses.”
The third phase of GoOnline Nigeria will feature online and physical events for participating SMEs to showcase their products and services through business communities, Monthly Learning & Networking Experiences, Quarterly events and Annual Expos, according to Mr Busari.
“We are positive that GoOnline Nigeria will be the next wave for SMEs in Nigeria by creating a sustainable path to accelerate online revenue growth and profitability. The Programme will enable SMEs across Nigeria generate higher percentage of revenues from Internet storefronts to complement their physical storefronts”, Mr Busari added.
According to organisers, TechPlus 2017 will features Conferences, for leaders in industry, government and other technology leaders come together to share knowledge gained; Master classes, led by subject experts and are designed to give attendees practical guidance on a variety of key tech related topics and Exhibition where companies get to showcase their brand and products to a target audience of over 10,000 technology enthusiasts.
Other key highlights of TechPlus 2017 is the eSports, featuring the African Games Championship, where the best of African gamers will be unveiled at the event; Kidzone, a zone culled out for the kids with the primary aim of learning through play and Training, featuring training programmes are aimed at giving thousands of young learners and job seekers a short, sharp shot of digital marketing skills.
News
Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.
According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.
Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.
He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.
“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.
He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.
The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.
In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.
He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.
News
NAICOM Issues New Licences to 43 Recapitalized Insurers

The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.
According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.
Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.
He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.
The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.
He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.
According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.
Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.
The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.
News
Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.
Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.
Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.
The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.
Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.
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