Telecom
IT Firm Unveils Corporate Head Office in Lagos.
Large Michaels has opened its corporate head office and experience centre in Lagos, in a bid to deliver cutting-edge IT solutions and technical back-ups to its customers.
Mr. Michael Ezeamama, MD CEO, Large Michaels Ltd, speaking at the occasion stated that their business philosophy is being one stop-shop in the area of Information Technology (IT) and providing support to all our clients.
He also noted that their passion is to structure and organize internal operations in order to deliver greater value to its partners and also to proactively anticipate its customer’s needs and meet it in style.
He explained the imperative of adapting with the change being experienced world over in providing 21st century services to its clients, “Knowing that the world of technology where we play is rapidly changing, we have accepted the inevitable challenge to re-invent ourselves.
“While retaining the essential qualities of integrity and passionate commitment to our partners and business allies, we have become more aware of the dynamics and strategic dimensions of providing value in a 21st century business environment”
Ezeamama, further explained that the idea of introducing an experience centre in computing and printing in their local industry, is for customers to experience the product and know what it’s capabilities before they make the crucial decision of purchasing it.
“We have taken the bold step to lead in the introduction of an experience centre in computing and printing in our local industry.
“The idea is not just to ask for a product, it is to experience it.
“To see it, feel it, touch it and know what it is capable of before making that crucial decision to purchase it.
“This is because we understand that technology tools are not just products, but life tools.
“This is what the Allen Experience centre is all about, see it, touch it,feel it, in short experience it before you buy.” He stated
Segun Olaniyan, Chairman, Large Michael Ltd, speaking earlier, noted that Large Michael is an ICT company and also a faith based company, which is driven by the desire to serve its customers better.
“We are constantly aware of the fact that in order to do this,we need to understand the customer, the world in which he lives and the needs it creates.
“To is a very significant day in this journey as it clearly marks our stride towards providing a higher level of internal coordination in order to provide excellent service delivery and customer satisfaction.” he added
Olaniyan, noted also that their key selling point is integrity, stressing that they are not driven by profit rather by integrity.
Mr. Stanley Uzoechina, the Business Development Director, said they are out to give Nigerians new experiences with regards to quality products and after-sales interface.
In his words, “Large Michael has been a silent, but performing giant in the market. For instance, in the year 2017 we emerged the best Commercial Partner to HP; the Company declared highest volume for HP.
“Like the MD said during his speech, the brand has been known in the industry for integrity.
“Integrity in terms of business relationships, the quality of the products and the commitment to ensure the customer gets the best.
“Beyond that, Large Michael is interested in keeping the Nigerian customers at par with the contemporaries.
“What we have here as Experience Centre is different from the usual Laptop or PC box pushing centre.
“The ‘experience’ has been that if you want to buy a PC, you just mention the configuration and it is pulled from the shelf and given to you.
“Here, we have culture that permits you to interact with the device. At the print section, you do the printing to have a feel of the print-quality/colour.
“So, it is to aid the consumer in testing and enhancing his knowledge about the device before making payments.
And that is where the world is going and Large Michaels Limited is leading in that direction in the ICT sector.
The District Head – Western, Central Africa & Managing Director – Nigeria – HP, Ify Afe, congratulated the management and staff of the Company on the official launch of the head office in Lagos.
Afe said, “Large Michael is an amazing brand; they have been HP’s partners for over 5 years. These have been five years of consistency, integrity, and great partnership.
“I am so happy to be here today and to identify with the team. For us at HP it is forward-ever; together we will plan and execute.
“We are always looking for ways to improve and give the customers best experience.
“We don’t go to sleep because HP is a global brand. So, Large Michael offers us a great platform to reach the end users and perform better.
The need for Nigeria to think outside the box in its need to drive towards global relevance with innovations and scientific developments will be on the front burner at the NITRA Innovative & Scientific Conference scheduled to hold on Thursday July 23, 2026 in Ikeja, Lagos.
NITRA
The Nigerian Communications Commission (NCC) will lead other delegates to discuss and take far-reaching decisions at the event, which has its theme as “Bridging Nigeria’s Digital Divide With Scientific Innovation”.
Other companies that have indicated interest in partnering with NITRA include mobile communications company, Tecno; Africa’s premier end-to-end AI solutions company, Hyperspace; and telecommunications data infrastructure company, Digital Realty.
Speaking on the proposed event, the Chairman, Nigeria Information Technology Reporters Association (NITRA), Chike Onwuegbuchi noted that the event will seek to create a platform for government and private organisations to deliberate on policies around scientific innovations in Nigeria, challenges, place of indigenous and foreign collaboration, roles of each stakeholder, and grassroots development in that regard, among others.
According to him: “The Federal government, with series of programmes and partnerships, has established the urgent need to create an ecosystem that thrives on scientific innovation, breeding institutions and individuals with a target of placing the country at the fore-front of Next-Gen development.
It is a known fact that digital and scientific innovations are crucial, not only to the survivability of a nation, but also to the sustainability of its growth and development, with significant effect on economic strength, global image, defense and security, government capabilities to function, and public health and safety, communication and digital footprint, among others.
The federal government is actively driving scientific innovation to foster economic diversification and build a $1 trillion economy by 2030. Efforts are heavily focused on commercializing research, establishing massive research funds, and funding strategic infrastructure, particularly in technology, biotechnology, and healthcare. Core government initiatives and policies include the newly instituted National Research and Innovation Development Fund (NRIDF), which aims to mobilize about $500 million annually to support research and the commercialization of scientific outputs; and the Nigeria Genomic City, a multi-ministerial initiative aimed at transforming Nigeria into a leading hub for genomics, precision medicine, and biotechnology. It is designed to protect indigenous data, stimulate artificial intelligence in health, and develop a highly skilled scientific workforce.
According to the General Secretary of NITRA, Mr. Chidiebere Nwankwo, the forum will also be a vehicle to propagating the views of decision makers to the public, thereby furthering the cause of public awareness and information dissemination on the topic.
The focus, he said will be on how Nigeria can sustain digital innovative growth and scientific development in Nigeria
The board of global payments company, PayPal, says a 53 billion dollars takeover offer from financial technology firm, Stripe, and private equity company, Advent International, does not adequately reflect the company’s long-term value.
PayPal
According to reports, the proposed acquisition, valued at 60.50 dollars per share, remains under consideration, with the board yet to formally respond to the offer.
The directors are said to be evaluating not only the financial value of the proposal but also the structure of the financing, the timeline for completing the transaction and the likelihood of obtaining regulatory approvals.
They are also considering the possibility of competing bids emerging.
Although the offer represents a premium of about 28 per cent above PayPal’s recent share price, the board believes the company could deliver greater value to shareholders if its ongoing turnaround strategy succeeds.
Following reports of the bid, PayPal shares gained about two per cent to close at 56.73 dollars.
Sources familiar with the discussions said Stripe and Advent have secured approximately 50 billion dollars in debt financing from JPMorgan and Morgan Stanley, while both firms would jointly contribute 17 billion dollars in equity.
Under the proposal, the two companies would jointly own PayPal instead of dividing its operations.
PayPal, Stripe, Advent International, JPMorgan and Morgan Stanley have all declined to comment on the proposed transaction.
The discussions come as PayPal seeks to strengthen its business after years of increasing competition from rivals including Apple Pay, Google Pay and emerging financial technology firms.
The company, which was valued at about 360 billion dollars in 2021, now has a market capitalisation of approximately 36 billion dollars.
Since assuming office as Chief Executive Officer in March 2026, Enrique Lores has embarked on a restructuring programme aimed at improving operational efficiency and restoring growth.
The restructuring includes the creation of three business divisions comprising Checkout, Venmo and Consumer Financial Services, and Payments and Crypto.
The company is also targeting 1.5 billion dollars in cost savings through the deployment of artificial intelligence technologies.
PayPal’s latest financial results indicated signs of recovery, with first-quarter revenue rising seven per cent year-on-year to 8.35 billion dollars, while total payment volume increased by eight per cent to 464 billion dollars.
If approved, the transaction would combine two of the world’s largest digital payments companies.
The combined business would process an estimated 3.7 trillion dollars in annual payment volume, significantly strengthening its position in the global online payments market.
However, analysts expect the proposed acquisition to face intense regulatory scrutiny because of the companies’ combined market share in merchant payment services.
To address possible antitrust concerns, the bidders have reportedly considered options, including separating PayPal’s Braintree business or other assets if required by regulators.
Sources said Stripe and Advent remain interested in pursuing the acquisition despite the board’s reservations, although negotiations are expected to continue.
Market observers are also awaiting PayPal’s earnings report scheduled for July 28 for further indications of the company’s financial recovery and future growth prospects.
Concerns over network reliability and its impact on Nigeria’s growing creator economy took centre stage at MTN Nigeria’s Data on Trial event, where content creator and streamer, Jarvis, challenged telecommunications operators to improve connectivity for digital creators.
Speaking during the event, Jarvis asked whether there were locations in Nigeria where uninterrupted internet connectivity could support real-life (IRL) streaming without network disruptions.
“Are there places where there is no breakage when streaming IRL?” she asked.
Her question highlighted the challenges faced by content creators who depend on stable internet services for live streaming, content uploads and real-time engagement with audiences.
Responding, MTN Nigeria’s Chief Technical Officer, Mr Yahaya Ibrahim, said network performance depends on several factors, including location, network coverage, device capability and the number of users connected to a particular base station.
He noted that operators continue to invest in expanding network capacity to meet the growing demand for data services.
Earlier, MTN’s General Manager, Network Performance and Quality Assurance, Mr Michael Ndukwe, explained the evolution of mobile network technology in Nigeria, from first-generation (1G) services to the current fifth-generation (5G) technology.
According to him, each phase of technological advancement has significantly increased network capacity and enabled new digital services.
Ndukwe cited Nigerian Communications Commission (NCC) data showing that Nigerians consumed about 13.2 million terabytes of data in 2025.
He added that data usage reached approximately 4.06 million terabytes in the first quarter of 2026, reflecting the country’s increasing reliance on digital platforms and online services.
According to him, the growth is being driven by wider adoption of 4G and 5G networks, increased smartphone penetration, the proliferation of smart devices and expanding use of social media platforms.
Participants at the event noted that as more Nigerians build businesses and careers around digital content, access to reliable and high-speed internet has become critical to sustaining the country’s digital economy and creator ecosystem.
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