Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

News

LG Electronics Teaches Parents skills to learn, Offer Kids Free Coding Classes

Published

on

Kindly share this post

LG Electronics, a global leader in consumer electronics, demonstrated its commitment to the Insider Community by hosting a successful online webinar titled “Summer Treats: Prepping Kids for Summer Holiday,” which was well-attended and focused on providing valuable insights and tips for parents to prepare their children as they observe summer break.

The webinar achieved its aim of empowering Nigerian parents by showcasing creative activities that they can engage their children in, with an emphasis on introducing them to the opportunities and benefits that are available to them early in tech, AI, and coding spaces during the summer holiday period.

Prominent women leaders in society and technology, which includes esteemed speakers such as Dr. Anire Okogun, Vice President of Commonwealth Business Women Africa Nigeria Chapter (CBW-Africa); Amarachi Onyemaobi, President of GirlsInTech Nigeria; Damilola Emuze, Head of Operations at The Bulb Africa; and Hajia Bolanle Muse, President of Commonwealth Business Women Africa Nigeria Chapter (CBW-Africa), shared interesting insights during the webinar.

Some of the takeaways from the Webinar include.”

– The need to get children introduced to technology, AI, Coding, etc., at an early age because the future will revolve around technology.

– Getting children to embrace technology gives them a strong foundation in problem-solving.

–  Enables the children to imbibe the doctrine of critical thinking.

– We are in the era of AI taking over jobs and it is only those with tech skills will get jobs in the future.

– Every profession now requires some technology; hence, children should be encouraged to embrace it early.

Questions were entertained by the speakers, who gave satisfactory answers that further put spice to the Webinar. 10 attendees also won prizes during the Webinar, as they got some questions asked on the points raised by the speakers correctly.

“We were thrilled to see the overwhelming response to our Insider Community webinar,” said the Managing Director, LG Electronics Mr. Hyoung Sub Ji. “By equipping parents with the right tools and knowledge, we aim to empower them to become more involved in their children’s education and create meaningful and memorable learning experiences over the summer break.”

The Insider Community initiative by LG Electronics strives to create a platform for knowledge sharing and collaboration among women, professionals, and experts. Through webinars, forums, and online resources, the community fosters an environment where Nigerians can gain valuable insights and support each other in navigating challenges across the board.

As part of this initiative, LG Electronics is offering free coding classes for kids, empowering them with the skills needed to thrive in today’s technology-driven world. Additionally, LG is providing parents with valuable insights and tools to help them better support their Children’s educational journey.

The conversation was professionally moderated by Oluyemisi Dada, broadcast media executive and anchor from the CBN on TVC News.

By providing these valuable resources, LG Electronics aims to make a positive impact on the lives of families and contribute to the development of the next generation of innovators and leaders.

Furthermore, LG’s revolutionary smart home solutions can improve summer learning and offer a fun-filled time at home for the youngsters. More unique events are in the pipeline to improve the lives of the LG Insider Community.


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

News

How and Why N210 Trillion is Missing in NNPCL – CFO

Published

on

Kindly share this post

Adedapo Segun, chief financial officer (CFO), Nigerian National Petroleum Company Limited (NNPC), has explained why there is a missing sum of N210 trillion in the company’s audited financial statement spanning from 2017 to 2023.

How and Why N210 Trillion is Missing in NNPCL - CFO

According to Segun, the missing funds are cash calls requested by joint venture (JV) partners and settlement to the JVs.

He spokeat a session of the Senate Committee on Public Accounts chaired by Aliyu Wadada.

Segun was responding to an alarm raised by the committee over missing N210 trillion in NNPCL’s audited financial statement.

Recall that Wadada issued a one-week ultimatum to NNPCL to account for the missing N210 trillion.

Reacting, Segun said, “The N103 trillion and N107 trillion are made up of joint venture cash calls that have been requested by the JV operators and JV cash call payments made by NNPCL, which are yet to be reconciled because governance procedures were not done at that time.

“That is why you see the description reflecting those two items would be washed out because they are two sides of the same transaction, which is the cash calls by JV partners and the settlement by NNPCL.”

However,  Habu Sadeik, a financial analyst, in a post on X on Thursday, said Segun’s response was unsatisfactory.

Saidik faulted NNPCL’s response about the fund discrepancies, noting that something is not right with the audited financial statement.

“Forget about the senators’ lack of knowledge.

“The CFO’s response is not satisfactory. Are you saying that cash calls worth hundreds of trillions are just appearing on your FS only in 2024 without 31 disclosure?

“If it’s a cash call, why hasn’t the disclosure said so?

“Which cash call is over 100 trillion?

“Something is definitely not right, and I hope they retrospectively correct that FS.

“Someone somewhere did a chef’s work,” he wrote on X.

 

 


Kindly share this post
Continue Reading

News

PalmPay, Glo Launch “Recharge and Win Bonanza 2” with Exciting Prizes

Published

on

Kindly share this post

PalmPay, Nigeria’s leading fintech company, has partnered with Globacom to launch the second edition of the “Recharge and Win Bonanza” campaign. The promotion, which runs from June 19th to August 8th, 2025, offers Nigerians the chance to win amazing prizes when they purchase Glo airtime and data via the PalmPay app.

According to a joint statement by PalmPay and Globacom, “A weekly live raffle draw will be held and streamed on PalmPay’s official social media channels throughout the campaign. Customers who make Glo transactions through the PalmPay app will be eligible to win prizes, including the iPhone 15 Pro, Infinix Hot 40, and other exciting items”.

To participate, interested customers can log onto http://bit.ly/PalmPaySms .

The statement added that all transaction above N500 gives participants an extra shot at winning, adding that daily social media challenges will also offer participants a chance to win cash prizes.

Additionally, PalmPay users can enjoy up to 6% cashback when they buy Glo airtime and data through the PalmPay app. As an added bonus, customers who have not subscribed to a Glo data plan in the last 90 days will receive a 100% bonus on their recharge during the campaign period.

Wayne Ruppel, Head of Billers at PalmPay Limited expressed excitement about the partnership, stating that, “This collaboration is a major step in our mission to deliver MORE – more support, more rewards, and more innovation to our customers.

Partnering with Glo, a leader in the telecommunications sector, is a testament to our shared commitment to improving everyday experiences for all Nigerians. We are excited to reward our users and encourage everyone to take full advantage of this exciting opportunity.

Globacom also expressed delight at creating additional value for its subscribers through unique customer-appreciation schemes.

“Our partnership with PalmPay on the “Recharge and Win Bonanza perfectly underscores our commitment to delivering exceptional value and experiences. Over the years, we have always sought innovative ways to enrich the lives of our customers. We, therefore, enjoin our subscribers to utilize the opportunity provided by the bonanza and enjoy the many benefits it offers”, the company stated.

PalmPay and Glo will collaborate throughout the campaign period to deliver exceptional customer experience, reward loyalty, and reinforce their shared mission to make digital transactions more accessible, rewarding, and secure for millions of Nigerians.


Kindly share this post
Continue Reading

News

Lasaco Assurance to Invest in Technologies, Systems to Deliver Value to Clients

Published

on

Kindly share this post

Lasaco Assurance Plc, has said it would continue to invest in technologies and systems that delivers tangible value to clients and drive industry innovation.

Mr Abiodun Razzaq, Managing Director of Lasaco Assurance, who stated this at the 2025 customer forum organised by the company for its northern region customers in Abuja, said the forum’s interactive session offered an invaluable platform for open and constructive dialogue.

He said the forum brought together a distinguished assembly of customers, including policyholders, brokers, corporate clients, and industry partners, to engage in a robust dialogue aimed at enhancing service delivery and aligning offerings with the evolving expectations of the Northern market.

In his opening remarks, Regional Manager (Northern Region), Lasaco Assurance, Mr. Kunle Hamza underscored the company’s unwavering dedication to stakeholder engagement as a foundational pillar of its growth strategy. He emphazised that customer insights remain integral to shaping policies, refining service processes, and reinforcing the company’s brand promise.

He provided a compelling overview of Lasaco assurance’s recent performance and strategic priorities. He highlighted the company’s consistent premium income growth, bold digital transformation agenda, and ongoing operational restructuring designed to ensure responsiveness and resilience in a dynamic insurance landscape.

Addressing the customers, Mr. Adedayo Adetokun, Head of Strategy, affirmed that Lasaco assurance was actively developing multiple digital platforms to cater forvarious customer segments—part of a broader digital innovation roadmap that positions the company for future growth. He noted that human capital development was also being prioritised with targeted investments in talent acquisition and training to enhance operational capacity.

In his closing remarks, Mr. Muyiwa Anwoju, General Manager, Sales, expressed the management’s deep appreciation for the feedback received.

He assured participants that all contributions would be meticulously reviewed, categorised, and integrated into the company’s improvement plans. According to Anwoju, this forum marks the beginning of a renewed customer engagement framework, one that would be expanded across other regions in due course.


Kindly share this post
Continue Reading

Trending