General News
How Williams Survived Automobile Accident to Launch Konn3ct

Two major life-defining moments have trailed the success of Konn3ct meeting app. One was a near-death automobile accident that saw his car somersault thrice and would have claimed the life of the CEO of NewWaves Ecosystem, Femi Williams.

Another was his refusal to accede to the tempting offer made by an Indian to buy the asset that emerged after the accident.
Had he died in that ghastly automobile accident, two events would have happened. The company behind the soar-away meeting app NewWaves Ecosystem, would have died with him. Then, Konn3ct – a virtual meeting and conferencing platform that could enable seamless connection of over 200 people at a go – would not have seen the light of day.
However, because the two incidents did not happen, Williams is alive and elated to tell the story during the media unveiling of the Konn3ct meeting app on April 7, 2021.
During the launch, which occurred virtually on the Konn3ct meeting platform, hundreds of friends including colleagues, the IT community, Fintech ecosystem, religion bodies, student association and the media connected to the Konn3ct platform. Other people who connected to the platform from far and near were paying and non-paying subscribers.
Instead of mourning the demise of the former Group Managing Director of Chams PLC, the virtual audience came to celebrate the birth of Konn3ct and “an amazing meeting experience platform.”
“I left Chams as the GMD in November 2019”, he told the audience. “And the first project we handled was for a precious metals trading company. It involved an end-to-end automation of the entire process and workflow. This required that we had to work with 12 consultants in Osun, Ogun and Lagos States.
“To achieve this we started with two weeks of camp-meeting either in Lagos or Abeokuta and two weeks off. This was too expensive as the project was a Public-Private Partnership one, as such it suffered the usual delays in the implementation”.
He narrated that the work group switched to online meeting apps in order to cut cost and maintain a paperless office. Yet, the team was not satisfied with the output from Zoom, Google Meet and other similar platforms.
“We were not satisfied with the performance of the meeting platforms especially with the bandwidth usage and data consumption”, he told the gathering which included the Director General of National Information and Technology Development Agency, Mr Kashifu Abdullahi, who was represented by Dr Abdullahi Usman, Deputy MD & Director IT Infrastructure and other dignitaries.
“The last event that convinced us as a team that we had to go paperless and create our own communication platform for in-house use was a fatal accident I had in May 2020.
I was returning from one of our camp-meetings with a major bug in the application despite the short delivery target. My car somersaulted three times. With the grace of the Almighty God, I came out without a scratch on my skin. So, online meetings and remote offices became the norm for us”, he recalled.
Williams told the audience that what led to the development of Konn3ct was a total lack of satisfaction in the delivery and performances of the existing meeting platforms. As he narrated the story, “Konn3ct came to bridge the gap created by the existing applications in the market”.
At one of the camp-meetings, Williams invited an Indian friend over. “After he observed the platform, he offered to buy the application for a staggering amount of money. I declined. At that moment, the team was convinced that we actually have a valuable asset”.
To make it better, the team invited other consultants to help with the research in the areas of marketing and development. Then, a strategy was created.
“We must thank Prof Adesina Sodiya, president, Nigerian Computer Society and Prof Charles Uwadia, president and chairman-in-council of Computer Professional Registration Council of Nigeria and the entire IT industry for their support and constructive feedback since we launched version 1. Under the leadership of these two professors, the industry has encouraged and supported us in tremendous ways”, he shared his appreciation.
He was full of gratitude at the launch of Konn3ct. He thanked his foundation staff who have been supportive through their selfless effort and contributions along the product development journey. He thanked the paying and non-paying subscribers for their faith “in our ability”.
Since, the man behind this earth-shattering meeting application survived the accident, two major events would happen. He would connect with new ideas. Konn3ct is here to stay. Let us Konn3ct.
General News
CAC Lists 15 Unregistered Firms Operating in Nigeria

Corporate Affairs Commission (CAC) has warned Nigerians against dealing with 15 unregistered entities using company names and registration numbers that are not in the commission’s records.

In a public notice signed by CAC Management, the commission said it had discovered the use of purported company names and RC numbers that are not registered with the CAC, urging the public to disregard them and verify all business information directly from its portal.
“The CAC remains committed to protecting the integrity of the Companies Register, upholding the law, and ensuring a safe and transparent business environment in Nigeria,” the CAC said.
According to the notice, the following are the entities not registered with the CAC:
Famas Services Nigeria Limited (RC: 216312)
Promo Dutch Investment Limited (RC: 396654)
Dialack Concept Nig. Ltd (RC: 297772)
Purpleheart Construction and Real Estate Mgt. Co. Ltd (RC: 1210548)
M/S Loktu Enterprises (BN: 373466)
Loktu Enterprises (BN: 400390)
Badatoyak Ltd (RC: 521322)
Johson Nats Limited (RC: 198492)
Peoples Club Nigeria International (CAC/IT/41191)
Jiba Enterprise (BN: 577523)
Civil Engineering Solutions Nigeria Limited (RC: 33001)
Gabdoff Hotel Ltd (RC: 112409)
Amoka Group (BN: 545221)
BEEC Nigeria Limited (RC: 30143)
- Adetunji (BN: 657466)
Explaining the reason for the commission’s publication, the statement noted that it aligns with its statutory role of maintaining an accurate and reliable companies register, protecting investors, and preventing fraudulent activities in the business environment.
The commission urged Nigerians to always confirm the status of any company or business name through its official portal.
General News
IHS Nigeria Leads Gender Based Violence Awareness Walk, Reaffirms Zero Tolerance with Advocacy Seminar

Demonstrating unwavering commitment to a safe and dignified workplace, IHS Nigeria held an awareness walk followed by a high-impact seminar as part of activities to commemorate the global 16 days of activism to End Gender-Based Violence against women and girls.

The initiative underscored the organisation’s ongoing efforts to sensitize the community, educate employees, strengthen internal safeguards, and reinforce its zero-tolerance policy for all forms of harassment and abuse.
After the walk along Adeola Odeku and Idejo Streets on Victoria Island, employees convened for a seminar at the IHS Nigeria corporate head office, where Bukola Konkwo, Associate Director, Operations Excellence IHS Nigeria and one of the leaders of the Women in IHS Network (WIIN), reiterated the organisation’s position on gender-based violence in her opening remarks:
“Violence does not discriminate, and neither should our compassion. At IHS Nigeria, boldness is not just a value on paper, it is a call to action. We are intentional about ensuring every employee feels safe, respected, and empowered.”
The seminar featured two leading voices in Gender Based Violence advocacy. Titiola Vivour Adeniyi, the Executive Secretary of the Lagos State Domestic and Sexual Violence Agency and Nwanne Okafor, Victimologist and Gender Based Violence Advocate. Speaking during the seminar, Titilope stressed the urgency of prevention and education:
“Gender-based violence is not a special-class problem. Anybody can be a victim. Our responsibility is to know the signs, protect one another, and intervene early. When we know better, we do better.”
She also encouraged organisations to prioritise consent education, confidential reporting, and background checks, practices IHS Nigeria has already integrated through its Safe Zone Committee, a confidential support system for staff.
Nwanne Okafor, also spoke on the role of colleagues in recognizing and responding to abuse in the workplace:
“Many victims don’t need you to fix their situation, they need your support, your sensitivity, and your discretion. Speak up when necessary. Silence gives violence permission.”
Her session included real-life cases that underscored how abuse affects workplace productivity, mental health, and safety.
The awareness walk, saw both male and female staff members from across various departments marching in solidarity with survivors and advocates worldwide and served as a public declaration of IHS Nigeria’s commitment to building a culture rooted in respect, safety, and accountability.
Reinforcing IHS Nigeria’s stand, during her closing remarks, Titilope Oguntuga, Director, Sustainability, IHS Nigeria, captured the spirit of the event:
“This conversation doesn’t end today. Now that we know better, we must all do better, by advocating, supporting, and actively contributing to a workplace free of violence in any form.”
IHS Nigeria continues to strengthen its internal systems, policy frameworks, training programs, safe reporting channels, and continuous awareness sessions, to ensure that every employee is protected and empowered. The organisation reaffirms its zero-tolerance policy for any form of harassment, abuse, or violence, and remains committed to leading the corporate sector in progressive, people-centered safety standards.
General News
Nigeria’s GDP Rises to 3.98% in Q3 2025, Driven by Agriculture, ICT, and Finance

Nigeria’s economy expanded by $3.98$ per cent in the third quarter of 2025, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS) on Monday.

GDP
This growth rate marks a slight improvement from the $3.86$ per cent recorded in the same period of 2024.The report highlights a mixed but generally positive recovery across key sectors. Aggregate GDP in real terms stood at ₦57.03 trillion, up from ₦54.85 trillion in Q3 2024.
The Services sector remained the largest contributor to overall output at $53.02$ per cent, followed by Agriculture at $31.21$ per cent. Key growth drivers included crop production, telecommunications, real estate, trade, and financial services.
The non-oil sector continued to be the main engine of the economy, expanding by $3.91$ per cent. This strong performance outpaced both Q3 2024 ($3.79$ per cent) and Q2 2025 ($3.64$ per cent). Agriculture grew by $3.79$ per cent, driven predominantly by crop production.
The Information and Communication Technology (ICT) sector posted a particularly strong real growth of $5.78$ per cent, with its contribution to real GDP rising to $9.10$ per cent. Furthermore, Financial and Insurance Services recorded a significant real growth of $19.63$ per cent.
In contrast, real growth in the Manufacturing sector slowed to $1.25$ per cent, down from $1.74$ per cent in the previous quarter.
The oil sector posted a real growth of $5.84$ per cent, a marginal increase from $5.66$ per cent in Q3 2024. This growth was linked to an average crude oil production rise to $1.64$ million barrels per day (mbpd), up from $1.47$ mbpd a year earlier.
Despite this positive change in output, the sector’s contribution to real GDP remains modest at **$3.44$ per cent$.Statistician-General of the Federation, Prince Adeyemi Adeniran, noted that while most sectors sustained positive momentum, growth remains uneven.
Strong gains in ICT, finance, agriculture, and trade were crucial in stabilizing overall output. This data aligns with projections from the International Monetary Fund (IMF), which, in October 2025, revised Nigeria’s 2025 growth outlook upward to $3.9$ per cent, citing higher oil production, stronger investor confidence, and a supportive fiscal stance as key drivers.
E-Business3 days agoReport says Human Error Fuels Breaches as Only Half of Professionals Receive Cybersecurity Training
E-Financial3 days agoFBNQuest Merchant Bank Confirms New Ownership Structure, Sets Stage for Future Growth
E-Business3 days agoCyber Tsunami Hits Nigeria as Breaches Surge 1,047%, esentry Q3 Report Reveals
General News3 days agoNigeria’s GDP Rises to 3.98% in Q3 2025, Driven by Agriculture, ICT, and Finance
General News3 days agoIHS Nigeria Leads Gender Based Violence Awareness Walk, Reaffirms Zero Tolerance with Advocacy Seminar
E-Financial3 days agoMoniepoint MFB Launches Moniebook to Transform MSMEs Operations
E-Business2 days agoJumia’s Data Shows Nigerians Turning to Digital Retail to Navigate Inflation Pressures
Telecom3 days agoAfrica Data Centres Partners CSSi SA to Boost Data Sovereignty in South Africa














