News
Suburban, Cisco Bridge Time, Distance with Telepresence
Bruce Ayonote, CEO, Suburban, West Africa’s IP backbone technology and services provider, became among the first in Nigeria to experience the immersive Cisco TelePresence.
This was recently when he conducted a virtual, face-to-face meeting with John Chambers, Cisco chairman/CEO. Ayonote, joined by members of his management team, used Cisco TelePresence to discuss how the technology could be deployed in the offices of banks, energy multinationals, service providers, public sector organizations as well as governments throughout West Africa.
“In today’s climate when companies are looking at better ways to conduct business efficiently whilst also keeping a firm control on costs, Suburban is in the unique position of currently being the only company in the West African region that has the fibre infrastructure to offer Cisco TelePresence as cost effective solution,” said Ayonote.
“We were very impressed with how real the whole experience was. We were able to interact with John Chambers in his offices in San Jose as if he were sitting across the table from us without incurring the high costs and time of travel. This is definitely a technology that will benefit many organisations across the board in Nigeria, and in the initial phase, we plan to work with Cisco to facilitate collaboration between regional governments using Cisco TelePresence,” he added.
“A Cisco TelePresence meeting is as simple as making a phone call, and when participants sit down at the conference table in a Cisco TelePresence room, other participants appear to be sitting across the table, in life size, no matter where they are,” stated David Seda, general manager for Cisco in Nigeria. “For businesses in West Africa, TelePresence will bridge geographical divides by enabling highly secure virtual meetings with multiple locations inside or outside the corporate firewall. Ultimately, the solution will help to save costs and boost productivity by reducing travel and facilitate a ‘greener’ company environment by reducing its carbon footprint.”
Cisco TelePresence creates live, immersive, face-to-face experiences over the network, enabling users to experience real-time communication and collaborate with colleagues, prospects, and partners, even if they are in opposite hemispheres, according to the company.
It does not just match the experience of an in-person meeting; it can scale beyond in-person interactions, bringing an organization’s few experts and specialists everywhere, anytime.
A bank expert on investment products, for example, can have face-to-face life-size, private meetings with any customer at any bank branch, without having to leave the organization’s headquarters.
Likewise for an exploration company, a geological data analyst can meet face-to-face with several teams on separate remote rigs and platforms all in one day, and still attend to other commitments.
News
SEC Probes Ponzi Scheme Linked to FF Tiffany

The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
News
US Launches ‘Window on America’ @ Ogun Tech Hub

The Ogun Tech Hub in Abeokuta, Nigeria received a significant step towards increasing digital access and empowering young people as US Embassy in Nigeria launched the ‘Window on America’ facility.
The newly opened centre will offer free high-speed internet, computer access, and targeted programs to help young Nigerians build essential skills in technology, entrepreneurship, and leadership.
In a post on X (previously Twitter), the US Embassy described the hub as a modern ICT and resource centre meant to promote digital inclusion and provide youths with skills.
“Hello Abeokuta! We’re thrilled to announce the opening of the Ogun Tech Hub Window on America. This dynamic space offers free high-speed internet, computers, and programs to help young people gain tech, leadership, and entrepreneurial skills,” the Embassy wrote.
The facility was established in collaboration with the Ogun State and GFA Technologies, a software solutions provider for startups and SMEs.
The Embassy said the facility is part of its wider network of 29 American hubs across Nigeria, designed to empower youth and broaden access to global knowledge and opportunities.
Speaking during the launch, Ogun State governor Dapo Abiodun urged young people to use the ICT industry for self-sufficiency and competitiveness globally.
He lauded the program as a public-private cooperation that connects Nigerian youngsters with global innovations.
The governor said: “The Ogun Tech Hub serves as a collaborative space for technologists, startups, and social entrepreneurs to develop tech-driven solutions for societal challenges. The partnership is aimed at positioning Ogun State as a leading tech hub in Africa, supporting creative problem-solving and commercial innovation.”
With the ‘Window on America’ program fully operational, Ogun State is well-positioned to boost youth empowerment and digital literacy.
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