E-Business
LG, Fouani Nigeria Celebrates 20 Years of Partnership Success in Nigeria
Fouani Nigeria Limited, a subsidiary company of Fouani Group was established in Nigeria 20 years ago with the aim of serving the Nigerian market with the latest, the best, and modern technologically driven electronics.
The partnership with global Electronics giant LG, has made the company a household name as they offered the best of LG products at unbeatable prices in the country.
The partnership played a key role in the evolution and growth of Fouani Nigeria, as it is being recognized as one of the biggest Electronics stores in Nigeria.
According to Mr. Dong Youn Kim, Managing Director, LG Electronics West Africa Operations, the company and Fouani Nigeria Limited over the last 20 years have had a strong history of growth and success.
“Our strong history of growth and success in Nigeria is not complete without mentioning our two decades journey with Fouani Nigeria Limited. It’s not enough to just produce quality products for the customers, the product needs to be made available to the customers and provide seamless customer experience and technical support. Our partnership with Fouani Nigeria has enabled us to do more for our customers”, he said.
“We want to thank each and every one of our customers for their unflinching loyalty and affinity for the LG brand. We promise to continue to meet your needs and aspirations by offering quality electronics that will enrich your lifestyle at a reasonable cost”, he said.
“As a customer-centric brand, we pay attention to the needs and aspirations of our customers. We are enriching lives through our products and want to ensure that our customers don’t have to worry about anything while enjoying your products. When we promise, we deliver. And this is a demonstration of our commitment to enhance our consumer lifestyle in Nigeria”, Mr. Kim noted.
“As we celebrate 20 years in business, we reflected on the huge accomplishments we have made with our amazing partner, LG Electronics. Since Fouani Nigeria started operation in 2001, our dedicated team has worked with LG Electronics, resellers other stakeholders and we have also expanded our footprint across the country”, Managing Director, Fouani Nigeria Limited, Mr. Mohamed Fouani recounted while commenting on the milestone.
Mr. Mohamed Fouani reaffirmed that the company will continue to satisfy its customers’ by providing suitable support and services to make your need answered. “As you know, all our LG brand product are covered with two year warranty and for that we serve you at our service center that is equipped and staffed with best technicians”, he added.
The company has extended tremendously in the recent time covering Lagos state and most of the other Nigerian State (Abuja, Asaba, Benin, Ibadan, Jos, Kaduna, Kano, Port Harcourt and Warri) aiming to bring to Nigerians an improved quality of modern digital technology.
E-Business
NDPC Empowers Institute to Certify Data Protection Professionals
Nigeria Data Protection Commission (NDPC) has said the certification of data protection professionals in the country will significantly reduce capital flight and create more than 500,000 jobs in the sector.
Dr. Vincent Olatunji, executive commissioner, NDPC, stated this at the presentation of the certificate of licence to the Institute of Information Management (IMF) in Abuja.
He said the certification of data protection professionals would not only enhance the protection of personal data, but also boost the country’s economic growth and development.
The projection comes as the commission intensifies efforts to promote data protection and privacy in Nigeria’s rapidly growing digital economy.
According to Dr. Olatunji, the move aims to enhance the capacity of organisations to protect personal data and promote compliance with Nigeria’s data protection regulations.
Establishing a local institution to train and certify Nigerians would significantly enhance local content in the sector, the NDPC boss hinted.
The commission, he assured his audience, was already exploring the possibility of implementing the licencing framework across Africa—a move that could potentially harmonise data protection standards and expertise across the continent.
Dr. Oyedokun Oyewole, president of the Institute of Information Management, said the licence would effectively address the existing gap in the data protection ecosystem, providing a much-needed solution.
Recalling that the certification process began in 2021, Dr. Oyewole reaffirmed the institute’s dedication to excellence, pledging to provide top-notch education in data protection and set a benchmark for the country’s education system in this field.
The IIM’s certification programmes will cover essential topics such as data protection principles, risk management, and compliance with the Nigeria Data Protection Regulation (NDPR).
The initiative is expected to boost the confidence of organisations and individuals in the country’s data protection landscape.
E-Business
CrediCorp Partners FintechNGR to Drive Consumer Credit Initiative
Nigerian Consumer Credit Corporation (CrediCorp), has partnered Fintech Association of Nigeria (FinTechNGR) to drive consumer credit scheme initiative through a robust payment platform that would be provided by members of FinTechNGR.
Speaking at a Social Meet in Lagos, organised by FinTechNGR, with the theme: “Augmenting the Future, AI, Credit and Transformation of Nigerian Finance,” the Chairman, CrediCorp Board of Directors, Aderemi Abdul-Bojela, said members of FinTechNGR would have specific roles to play in the partnership, in the areas of providing robust platform for money transfer, technology evaluation, among others.
“Today, CrediCorp is engaging with members of FinTechNGR in a social interactive gathering to discuss collaboration and support for the growth of Consumer Credit Corporation in Nigeria. We want to interact to understand how technology will drive the crediCorp initiative in Nigeria and also to understand the role that members of FinTechNGR will play in all of these initiatives around CrediCorp,” Abdul-Bojela said.
Describing the partnership as a welcome development that will enhance savings culture among Nigerians, the Chief Operating Officer (COO) of FinTechNGR, Dr. Babatunde Obrimah, said: “FinTechNGR is an enabler of technology advancement in Nigeria. We bring the players together to drive technology innovation.
“Our role in the FinTechNGR-CrediCorp partnership is to ensure that our members support the growth of consumer credit in Nigeria, by providing the relevant payment platforms for all financial transactions among the banks who are the lenders, the customers who are the burrowers and the CrediCorp who is the guarantor.”
Speaking about the benefits for Nigerians, Obrimah said the Consumer Credit Corporation in Nigeria would enhance the country’s credit culture and enable Nigerians to save and plan well with their savings. “The initiative will address inflation, help in liquidity flow, build trust in customers’ borrowing, boost credit culture and enhance the culture of savings among Nigerians,” Obrimah said.
Addressing the issue of risk and consumer trust, Abdul-Bojela said the CrediCorp has put measures in place to ensure that the banks that would be involved in lending, would be protected and guaranteed of the repayment of the loans within the CrediCorp ecosystem.
He said there would be an independent management that would ensure that the right technology is put in place to recover all monies.
E-Business
NITDA to Integrate of Digital Literacy into School Curriculum
Kashifu Abdullahi, director general of the National Information Technology Development Agency (NITDA), announced plans to integrate digital literacy into Nigeria’s education system, to achieve a 70% literacy rate by 2027 and 95% by 2030.
The NITDA’s DG made the announcement on Wednesday in Abuja during a media parley.
He stated that in order to include digital literacy in the curriculum at all educational levels, from kindergarten to university, the Agency was collaborating with the Federal Ministry of Education.
Abdullahi, said that this program would equip Nigerians with the digital know-how and abilities they need to succeed in the digital economy.
He emphasized that NITDA would also launch the “Digital Literacy for All Initiative” to educate Nigerians outside the formal education system and provide access to quality digital content.
Nigeria would train over two million young people in in-demand IT skills in order to become significant global outsourcing hub
NITDA is also collaborating with the Defence Headquarters and security agencies to develop digital solutions to address security concerns, including the use of drones, artificial intelligence, and other digital resources to combat banditry, abduction, and terrorism, he said.
According to him, the agency’s draft SRAP 2.0 plan aims to establish Nigeria as a digitally empowered nation, with a focus on innovation, national prosperity, and inclusivity.
The director general of NITDA added that, if successfully implemented, this strategy could propel Nigeria into a new phase of digital empowerment and leadership in the global digital economy.
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