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Lenovo Berths in Nigeria launches 7 Smartphone portfolio

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Lenovo, global leader in PC manufacturing is adding the Nigerian market to its expanding territories with a promise to be “innovative and compete very aggressively’ to establish its foothold in Africa’s emerging ICT market with the launch of seven (7) smartphone models in a market already awash with several brands.

The PC maker which faced a backlash following its acquisition of googles’ unviable Motorola Mobility unit for $2.9million said coming to Nigeria is a strategic investment move aimed at expanding its African business operation.

Graham Braum, general manager, Lenovo Africa, said Nigeria remains a very strategic market not only in Africa, but in its Middle East and Africa (MEA) operation. He believes the firm is in Nigeria for the long haul.

“We’re not here for a short stay; it is for the long haul. In this wise, we’ll be engaging in a number of innovative engagements with critical sectors of the Nigerian economic spectrum including the universities and others connected with the IT market ecosystem,” said Braum.

He added that “we’re not just coming here with devices; we’re coming here with innovations.”

Concurring, Shashank Sharma, director of Operation, MEA region, said although it could be argued that Lenovo had taken time to enter the Nigerian market when others seems to have made huge footholds, there was still enough room for more players.

“Nigeria is not a small or ordinary market and you cannot ignore it. We want to have a lasting footprint in this market. We will start by investing heavily in our local channels and distribution partners. There is also a whole lot of innovation in healthcare, education/intellectual capital that we bring into the market,” said Sharma.

Sharma noted that Nigerian consumers will be the first in African to get their hands on the seven models, including the flagship Vibe X smartphone. Each Lenovo smartphone is designed with specific customer needs in mind, the portfolio offers a range of carefully considered design innovations and functionality that fits every style, personality and need.

The Lenovo smartphones will be available at major retail-outlets first week of March 2014.  The range includes entry-level devices, such as the A369i, A516, A680, and A859; the stylish S650 and S930; and the picture perfect and sleek Vibe X. All Lenovo smartphones will come with a one year local warranty.

Braum stated that “with more than 120 million mobile subscribers, Nigeria represents a strategic market for Lenovo’s smartphone business. Smartphones are fast becoming a primary platform for work, entertainment and social networking for consumers and we are thrilled to announce the launch of our exciting line-up in Nigeria. Innovation is in Lenovo’s DNA; our team strives to deliver ground-breaking devices with distinct, elegant design. Today’s launch marks the first time customers in Nigeria can purchase Lenovo smartphones locally and we are excited to see the market’s reaction.”

IDC forecasts smartphone shipments worldwide to reach 1.5 billion by 2017, with smartphone shipment dominated by emerging markets. 

“Smartphone penetration in Nigeria is one of the highest in the world,” Braum added. “Our goal is to be one of the top five smartphone vendors in Nigeria in the very near future. We believe this a reality as our product range caters to a wide variety of individual needs and we have partnered with the best in the industry to help us achieve our goal.” 

While Lenovo is one of the top 5 smartphone vendor and second smartphone vendor in China, according to IDC, it continues to protect its PCs business, rapidly scaling innovation to attack smartphone and tablet markets to become a PC Plus leader.

Most recently, IDC reported that Lenovo is the second PC vendor in Nigeria with 13.2 percent market share and with 597 percent year to year growth.

“While the PC market still represents a $200 billion opportunity and offers substantial opportunity for profitable growth, most of the new growth will be in the PC Plus market, which includes tablets, smartphones, and other smart connected devices and the broader portfolio of cloud, services and infrastructure hardware – such as storage and servers – that are critical to powering the PC Plus era,” Braum concluded. 


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Nigerians Pay Some N87m in Bribes to Public, Private Officials In 2023

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At least N87 million bribes were paid to Nigerian public and private officials in 2023, according to data from National Bureau of Statistics (NBS).

Nigerians Pay Some N87m in Bribes to Public, Private Officials In 2023

NBS data also indicated that of all Nigerian citizens who had at least one contact with a public official in the 12 months prior to the 2023 survey, 27 per cent paid a bribe to a public official.

According to the Bureau, Nigerians’ confidence in the government’s anti-corruption effort has been declining over time and across regions.

“While in 2019, more than half of all citizens thought that the government was effective in fighting corruption, in 2023, the share declined to less than a third of all citizens.

“The downward trend in the citizens’ confidence is observable across the entire country, with all six zones recording reductions of more than 10 percentage points between 2019 and 2023 in terms of the share of citizens who thought the government was effective in fighting corruption,” it stated.


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12 Professors, 15 Others Inducted into Shell Sabbatical, Research Positions

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The Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture has significantly expanded its educational initiatives by inducting 27 Nigerian academics and research interns.

12 Professors, 15 Others Inducted into Shell Sabbatical, Research Positions

A cross section of participants in the Shell Petroleum Development Company (SPDC) Joint Venture’s 2024 sabbatical and research programme in a group photograph with the leadership of SPDC’s Corporate Relations team at the induction ceremony held in Port Harcourt…recently.

This year’s programme, a 35% increase from the previous year, welcomed eight professors, four senior lecturers, and 15 other participants.

Held at the company’s headquarters in Port Harcourt, the induction ceremony marked the beginning of a one-year programme focused on knowledge exchange and skill development.

Drawn from 13 Nigerian universities, these participants will gain valuable industry experience in fields like biodiversity, petroleum engineering, and environmental impact assessment.

“The research and internship programmes are central to our commitment to supporting higher education in Nigeria,” explained Mr. Igo Weli, Shell Nigeria’s Head of Corporate Relations, and SPDC Director.

He described the programme as mutually beneficial nature by offering Shell access to specialised expertise from professors and lecturers, who in turn acquire practical industry knowledge and exposure to cutting-edge technologies.

Despite operational challenges, Mr. Weli reaffirmed Shell’s position as the industry leader in fostering a positive learning environment and empowering people.

Representing Mrs. Bunmi Edith Lawson, NNPC Upstream Investment Management Services, echoed Mr. Weli’s sentiments. She highlighted the programme’s significance in scientific exploration, environmental stewardship, and knowledge advancement.

“This is an investment in the next generation of innovators,” she stated, “and a way for us to give back to our stakeholders.”

The 2024 programme includes participants from a diverse range of universities across Nigeria, including the University of Benin, Rivers State University, University of Ibadan, Niger Delta University, and Ahmadu Bello University.

Others are Bingham University Karu, Federal University Wukari, University of Medical Sciences, Ondo State, Covenant University, Alex Ekwueme Federal University Ndufu-Alike, Ajayi Crowther University, Oyo, University of Uyo, Ladoke Akintola University of Technology, and Michael Okpara University of Agriculture.

 

 


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Ex Power Minister who Allegedly Stole N33Bn Gets N10Bn Bail

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Saleh Mamman, former minister of Power, who was charged for a N33 billion fraud by the Economic and Financial Crimes Commission (EFCC) has been granted bail.

Ex Power Minister who Allegedly Stole N33Bn Gets N10Bn Bail

During a sitting on Friday, at the Federal High Court in Abuja, Mamman was granted N10 billion billion with two sureties in like sum.

Issuing the verdict, James Omotosho, chief judge, held that the sureties must be owners of landed properties within the Federal Capital Territory with a minimum valuation of N750 million.

The judge stated that the sureties must swear an affidavit of means and submit their three-year tax clearance certificates, adding that certified copies of the defendant and sureties’ bank statements and their most recent passport photograph must also be submitted.

In addition, the judge directed the defendant to turn in his international passport to the court’s registrar, stating that the registrar must confirm every document before the defendant is allowed to leave custody.

The court further ordered that the defendant be held in jail until all bail requirements were fulfilled and that the sureties could provide a bank guarantee or bond of N10 billion. The case has been adjourned until September 25, 2024.

On Thursday, July 11, the judge ordered the remand of the former minister at the Kuje Prison after his not-guilty plea to all the 12-count charges preferred against him. His lawyer, Femi Ate, a senior advocate, however, told the court that a bail application had been filed on behalf of his client.

Although the judge stated the bail application had not yet made it into the court file, the lawyer representing the EFCC, Adeyinka Olumide-Fusika, also a senior advocate, admitted that the application had been received.

Meanwhile, the defendant had collapsed outside the courtroom before the hearing on Thursday but was revived with the help of his lawyers and some medical personnel at the court.

 


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