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Alcatel-Lucent Bags Best Use of CSR in HR Award
Alcatel-Lucent in Nigeria has been selected by CareerNation for its Africa Human Resources Excellence Awards, to receive the prize and recognition for “The Best Use of Corporate Social Responsibility in HR” Award category for the year 2013.
This award is given to the organization which achieves outstanding results in CSR and HR.
On Saturday, 28 September, Alcatel-Lucent received the award in Accra, Ghana, during the 5th annual CareerNation@ Africa Human Resource Conference & Excellence Awards.
Victor T. Madubuko, PHR managing partner at CareerNation: “CareerNation selected Alcatel-Lucent as it has undertaken the risks of innovation, served as a pioneer in the field, and has contributed to human resources development in Africa. The company and its employees succeeded in overcoming challenges and clearly came out as a key strategic partner not only grasping the company’s vision and mission, but also contributing to them.”
This is an award given for the company’s achievements in terms of employee engagement, innovative programs in education and technological fields and for a strong contribution in the community, to help bridge the digital divide.
Hatim Zougari, country manager of Alcatel-Lucent Nigeria said: “This is the first time we have entered this Award, this success is a result of joint effort between our employees and management, our Foundation and community partners, thanks to everyone for helping make our company’s CSR vision a reality.” He then added: “These programs will help provide these youth with a head-start towards an independent life with the professional skills necessary to succeed in a globalized world.”
Adebimpe Ayo Elias, HR director of Alcatel-Lucent in Nigeria: “It is a true and strong testament of Alcatel-Lucent Nigeria’s commitment to employee engagement. Our company’s engagement is measured by our employees’ commitment, their contribution, their enthusiasm, dedication and willingness to go above and beyond for their organization and their community.”
Issa Eid, HR leader for Middle East, Turkey and Africa said: “A great win by an amazing team in Nigeria. An effort well recognized by the engaged and committed talent we have in the country, going above and beyond their call of duty to support their communities. The Alcatel-Lucent Foundation made this win possible, to provide an arena of contribution and support, to prepare the next generation of talent in the country. We will continue to focus on social activities in Nigeria and the region, with the support of management and our energetic employee base!”
Bishalakhi Ghosh, Director of Alcatel-Lucent Foundation said: “One of the focus areas of the Alcatel-Lucent Foundation is on programs that help youth from disadvantaged communities have access to training helping them prepare for life, the business world and the future. The success of these programs is mainly the result of team work and our employee’s contribution and commitment. It is a true example of a corporate CSR vision by helping youth to become leaders in tomorrow’s world.”
Alcatel-Lucent in Nigeria has been selected mainly for its active participation into two major programmes: sponsorship of Entrepreneurial Training and Mentorship Programme with selected beneficiaries in Partnership with SOS Children Villages – with the support of the Alcatel-Lucent Foundation, who granted funds to support this CSR initiative in Nigeria.
Purpose of this program is to support 20 young adults in learning entrepreneurial, leadership and life skills that will help them face day-to-day challenges and give them a jump start into the world of work.
During the program, the group will develop the attitude, behaviour, confidence and skills needed to take responsibility for building their own futures and to become successful and contributing members of society.
Today Alcatel-Lucent has 24 active volunteers mentoring and following up agreed action plans and the progress of these beneficiaries.
The second is the G-NeX-Capability Development Programme with University of Lagos – Alcatel-Lucent’s employees volunteered and participated into this program for a period of 12 weeks of professional training and skills.
Nigerians are among the brightest and most innovative people on the planet! Yet there is a noticeable skill gap observed in young graduates especially on the knowledge and experience that today’s private sector demands.
Re-directing the resourcefulness within the universities through professional training is the key to unlocking the potentials and growing a firm human resource base for Nigeria’s technological development and indeed Africa.
Alcatel-Lucent in Nigeria, as an organization at the forefront of technological innovation, has the capability to bridge this gap and create an adequately skilled pipeline for the technological industry.
Some of the key areas for the partnership include: training, Career talks, Guidance and Mentoring; Professional trainings and certification; Internship programs for Star performers; Creativity development; access to platforms & learning resources; and Collaboration with institutions to improve study curriculum.
On 3rd May, 2013, the session formally kicked off, while the official grand opening was held on 11th of May 2013.
Over 200 Students registered and participated in the programme, inclusive of non-engineering students who have a passion for the technological world. The twelve (12) weeks curriculum ended on 13th July 2013 and was completed with commiserate practical session’s impact to knowledge transfer! The 12 weeks program is only the first phase of the G-NeX program as several phases are planned.
It was truly a period of exposition and all round fun as our employees and management not only built intellectual capacities but also an enduring relationship. This programme was driven by Alcatel-Lucent Nigeria employees (Volunteers) in conjunction with Alcatel-Lucent’s University. Both contributors are passionate about knowledge transfer and capability development for the younger generation.
The Alcatel-Lucent G-NeX program is intending to reduce the gap in the technological know-how, between the theory in the universities and the real life in the field, as requested by the industries. Today Alcatel-Lucent in Nigeria is working on a roll out plan across Nigerian Universities that will help build the future generation. Discussions are ongoing with the University of Port Harcourt, which will be the next step.
Alcatel-Lucent focuses on helping communities where its employees live and operate. Its prime mission is to respond to today’s global challenge of digital inclusion and sustainability, focusing on providing innovative programs for underserved communities across the world that enable youth, to access educational and life skills programs. We believe we can make a difference by helping youth contribute as citizens and community leaders in tomorrow’s global digital world.
Federal Airports Authority of Nigeria (FAAN) has announced plans to introduce a biometric identity verification system, known as V-Pass, to speed up passenger processing and enhance security at domestic airports nationwide.
This initiative is aimed at strengthening aviation security, reducing passenger processing time and eliminating dependence on physical identity documents.
A statement issued yesterday by Henry Agbebire, director of Public Affairs and Consumer Protection, FAAN, said the new facial recognition platform, developed in partnership with Verxid Technologies Limited, would enable passengers to verify their identities through biometric authentication, allowing them seamless access through airport security checkpoints and boarding gates.
According to him, the initiative formed the focus of a strategic meeting between FAAN and Verxid Technologies Limited, where both organisations reviewed deployment plans, security safeguards and measures to improve passenger experience.
The statement hinted that the authority centred on ensuring the successful rollout of the digital platform while maintaining high security standards.
The statement quoted, Adebola Agunbiade, director of Commercial and Business Development, FAAN, as describing the V-Pass as another milestone in the authority’s ongoing digital transformation programme.
According to her, the platform indicated FAAN’s commitment to deploying innovative technology that enhances passenger facilitation while reinforcing aviation security across domestic airports.
She assured that the system would provide every traveller with a secure digital identity through a one-time enrolment process.
Under the arrangement, Nigerian passengers would register using their National Identification Number (NIN) alongside facial biometric capture, while foreign travellers would enroll with their passports through Optical Character Recognition (OCR) supported by biometric authentication, the statement added.
FAAN said the system would verify passenger identities before they gain access to restricted airport areas and once again before boarding their flights.
The agency noted that the dual-verification process was designed to prevent identity fraud, impersonation and unauthorised access to airport facilities, while giving security agencies greater confidence in passenger authentication.
Passengers would be able to complete the verification process either through self-service kiosks or with assistance from trained FAAN personnel.
The deployment would also include electronic gates to automate access into controlled areas, reduce queues and improve passenger movement across airport terminals.
According to the developers, first-time registration is expected to take about one minute, while subsequent biometric verification would take less than 30 seconds.
Apart from passenger processing, the V-Pass platform would also provide airlines with secure digital access to flight schedules, passenger manifests and boarding statistics.
FAAN assured travellers that data protection remained a critical component of the project, stressing that the platform fully complies with the Nigeria Data Protection Regulation (NDPR).
The Central Bank of Nigeria (CBN) has launched a new system to monitor how Bureau De Change (BDC) operators buy foreign exchange in the country.
Under the new arrangement, all licensed BDCs must report their foreign exchange purchases through a platform called the FX BDC Purchase Tracker (FXBT). The portal will allow the CBN to monitor transactions in real time or on the same day they take place.
The directive was announced in a circular dated July 15, 2026, and signed by the Director of the CBN’s Trade and Exchange Department, Aderinola Shonekan.
According to the apex bank, the new framework is designed to support its February 2026 policy that allows licensed BDCs to buy foreign exchange directly from authorised dealer banks in the Nigerian Foreign Exchange Market (NFEM).
The CBN said the initiative will improve transparency, strengthen compliance, increase liquidity in the retail forex market, and ensure proper participation by market operators.
A major feature of the framework is the FXBT portal, which will serve as a central database for tracking all foreign exchange purchases made by BDCs from banks.
Under the guidelines, every licensed BDC must register on the platform and submit transaction details either in real time or on the same day the transactions occur.
The CBN stated that the system will help regulators identify violations, detect suspicious transactions, monitor compliance with market rules, and improve confidence in the foreign exchange market.
The framework builds on the CBN’s February 2026 decision to allow licensed BDCs back into the official foreign exchange market. Under that policy, each eligible BDC can purchase up to $150,000 weekly from authorised dealer banks at market rates.
The apex bank said only BDCs with valid licences will be allowed to access foreign exchange through the framework. Operators whose licences have been suspended or restricted due to regulatory issues will not be eligible until those restrictions are lifted.
The CBN also directed banks to carry out thorough Know Your Customer (KYC) and customer due diligence checks before onboarding any BDC. Required documents include valid operating licences, Tax Identification Numbers (TIN), Corporate Affairs Commission (CAC) registration documents, and information on beneficial ownership.
Banks have also been warned not to sell foreign exchange to BDCs that fail to meet the required compliance standards.
To encourage fair competition, the CBN said BDCs can buy foreign exchange from any authorized dealer bank of their choice. Banks are prohibited from forcing BDCs into exclusive arrangements or charging referral fees that limit their ability to transact with other banks.
Under the new process, BDCs must submit electronic requests for foreign exchange through a bank’s designated portal. Banks are required to acknowledge requests within two business hours and communicate approvals or rejections immediately after processing.
Requests can only be rejected for valid reasons, such as incomplete documentation, exceeding weekly purchase limits, unresolved compliance concerns, or internal risk management issues.
The CBN also introduced stricter rules on how purchased foreign exchange can be used. All transactions between banks and BDCs, as well as between BDCs and customers, must be conducted through accounts held with licensed financial institutions. Third-party transactions remain prohibited.
In addition, BDCs are not allowed to keep unused foreign exchange purchased through the official market. Any unused funds must be sold back into the market within 24 hours after the permitted usage period expires.
The apex bank warned that failure to comply could lead to forfeiture of funds and suspension from the market.
BDC operators must also disclose any unused balances from previous allocations when applying for new purchases, while banks are expected to consider those balances when calculating weekly allocations.
Beyond reporting through the FXBT portal, BDCs must continue submitting weekly reports to the CBN. These reports must include details of foreign exchange purchased from banks, sales to end users, unused balances, and settlement records.
The CBN said the reporting requirements will improve transparency and help regulators better monitor foreign exchange flows in the retail market.
The bank warned that violations of the framework could attract penalties under the Banks and Other Financial Institutions Act (BOFIA) 2020 and the Foreign Exchange Act. Sanctions may include fines, suspension from the foreign exchange market, withdrawal of BDC licences, revocation of banks’ authorised dealer status, and referrals to law enforcement agencies where necessary.
The CBN’s Trade and Exchange Department will oversee compliance through regular and surprise inspections carried out in collaboration with other departments.
The apex bank said the new directive is part of its wider efforts to reform the foreign exchange market, improve transparency, boost liquidity, and restore confidence in the system.
Concerns over compliance breaches, speculative trading, and abuse of foreign exchange allocations had continued even after BDCs were reintroduced into the official market earlier this year.
The Corporate Affairs Commission (CAC) has announced the commencement of another exercise to remove 100,000 companies from Nigeria’s register of companies for failing to comply with statutory requirements under the Companies and Allied Matters Act (CAMA), 2020.
In a public notice issued on Thursday, and dated July 15, 2026, the commission said the exercise was being carried out pursuant to Sections 692(3) and 692(4) of the Companies and Allied Matters Act, 2020.
The notice stated: “This is to notify the General Public and Esteemed Customers that the Corporate Affairs Commission has commenced another round of striking off names of companies from the Register pursuant to the provisions of Section 692 (3) and (4) of the Companies and Allied Matters Act, 2020.”
According to the commission, the affected companies are listed on its official website.
“The list of the affected One Hundred Thousand (100,000) companies can be accessed at the Commission’s Website,” the notice said.
The CAC directed all affected companies to update their records by filing outstanding annual returns and beneficial ownership information within 90 days.
“The affected companies are hereby advised to take steps to file all outstanding Annual Returns (and by extension Persons with Significant Control/Beneficial Ownership information) and regularize their records within ninety (90) days of this notice,” the commission said.
It added that companies must send proof of compliance to the designated email address, [email protected], within the stipulated period.
The commission warned that failure to comply would result in the affected companies being removed from the register without any further notice.
“Please note that companies that fail to comply within the stipulated timeline shall be struck off the Register without further notice,” the notice stated.
The CAC reiterated its commitment to improving service delivery, saying, “The Commission remains committed to providing prompt and efficient services to the satisfaction of our valued customers.”
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