Broadcasting
TD Africa Fetes Female Entrepreneurs on 2022 Int’l Women’s Day
Women have been urged to wake up to the myriad of opportunities presented by a rapidly evolving 21st Century and take their rightful places in the highly competitive business environment, while making their voices heard.
The call came from a host of renowned female business leaders, seasoned speakers and resource persons as TD Africa, Sub-Saharan Africa’s leading distributor of technology, services and lifestyle products, formally flagged off The HERwakening, an initiative aimed at empowering female entrepreneurs.
Held on Tuesday, March 8, 2022 to commemorate this year’s International Women’s Day celebration, the well-attended session was hosted physically at the impressive Yudala Heights located at 13 Idowu Martins, Victoria Island, Lagos and online via YouTube.
The event, which witnessed a gathering of women entrepreneurs and aspiring ones, provided a fitting opportunity for TD Africa to engage this critical segment and inspire women-owned businesses.
Speaking at the event hosted in partnership with Microsoft and Access Bank, Founder, Wholesome Inspirations, Dr. Ebere Njoku urged participants to take charge and own their space. Njoku, who was one of the keynote speakers at the event, disclosed that women have come a long way, adding that their voices must be heard.
According to her, “Own Your Space” means giving yourself permission to show up as your authentic self, to be present, to be important and to define your boundaries.
She defined elements of self-discovery to include, confidence, acceptance, responsibility, love, and ownership.
Earlier, in her address, Country Manager (Nigeria & Ghana) Microsoft, Ola Williams traced the evolution of technological development from the 4th Industrial Revolution, Steam and Water, Electricity, Electronics and IT, through Digital, Cyber, Internet and Networking. Williams, who spoke on the topic, “Staying Ahead in the Digital Age”, revealed that humanity uses one form of technology or the other as it touches every aspect of life.
Asking the women if they are prepared, the speaker said by 2026, demand for digital skills such as Web Development, Computer and Information Research Science, Data Science and Software Development, among others, will grow by 13 percent.
Further, she described Nigeria as the highest ICT investment destination by volume and deals.
Adducing fear of failure, lack of network and mentors, poor IT background and perception of the field as stressful, etc. among reasons women avoid careers in Information Technology, Williams identified key action areas for interested females to include regular use of technology, keeping abreast of technological advancement, getting mentors, mentoring other women and joining relevant communities.
On her part, Managing Director (Nigeria) Apple Inc., Teju Ajani, who counselled participants on the principles of thriving in a competitive environment, disclosed that the most important thing is to train and focus on one’s goal.
According to her, healthy competition can push one to success, even as she delivered tips to survive the competition.
Among these are need to understand your industry, studying the culture around you, paying attention to your environment, need to observe things, learn yourself, set your goal, dream big, work smart, lesser focus on other things, developing yourself and your team, learn more every day, adapt to changing times, unique value estimation, being ready for opportunities, changing your mood, learning to walk away and being bold, adaptable, strong and willing to reflect yourself.
Another keynote speaker and Founder, Wardrobe Merchant, Obis Oragwu bared her thoughts on the place of a woman in the 21st Century.
In her view, the evolution of technology, innovation, economic challenges and societal change have brought more jobs requiring additional skilled manpower into the workspace.
This, she said, brought about the need for ambitious women with special skills to take roles that were previously dominated by men.
She listed core areas where a woman who wants to succeed in the 21st century must focus on to include, finance, family time, career, networking, self-care, health and fitness, fashion, one’s goal, ethics & value and structure. She submitted that these factors must be balanced for a successful career.
Equally important, a representative of Access Bank and Group Head, Women Banking, Abiodun Olubitan spoke on the bank’s The ‘W’ initiative.
This initiative, according to her, is a platform by Access Bank for the empowerment of women in business with financial & lifestyle solutions and advisory facilities for investments.
Olubitan revealed that the focus segments include W in Business, W Young Professionals, W and Family, Millennials & Gen Z and W Quintessential. Value propositions include access to finance such as loans, access to network and mentoring, access to capacity and career development and access to market.
She identified the benefits of “The “W” Power Loan” to include flexible repayment plans, relaxed collateral requirement and competitive interest rates.
Meanwhile, Coordinating Managing Director, TD Africa, Chioma Chimere revealed that one of the value propositions of the HERwakening is to make it an initiative for vulnerable, voiceless and less privileged women.
She averred that TD Africa, born in 1999, is a child of necessity to sanitize the ICT industry, noting that it had become a big giant leading the trade revolution across Africa.
Chimere disclosed that the majority of the Board of TD Africa are women who have been in business for over 25 years. These women, according to her, have been empowered and are empowering other women.
She praised the untiring efforts of the Chairman, Zinox Group, Leo Stan Ekeh, for inspiring and promoting women to top management cadre positions, adding that Ekeh represents a new breed of entrepreneurs who value the contributions of women.
The icing on the cake was the enduring words of Chioma Ekeh, CEO, TD Africa.
While recounting the agonies women go through in raising new generations, she described the modern-day woman as a trailblazer, a hard-working home builder, and a compassionate companion.
She, nevertheless, admonished the women to see their roles as not only divine but as a reward.
Expressing gratitude to her husband, Ekeh, for finding women worthy to head companies in the Zinox Group, she equally thanked the staff of TD Africa, the organizers of the event and the guest speakers.
Notably, Ekeh, Chairman, Zinox Group, who addressed the audience briefly, also reiterated the key advantages enjoyed by womenfolk, including their concentration power, financial prudence, humility, as well as their natural status of being better counsellors, less prone to fraud and spiritual soundness, among others. Ekeh restated his prediction that from 2026, women will take over in major spheres of endeavour.
He also promised to sow a seed to support the women-owned businesses selected for partnerships at the end of the event.
Other highlights of the event include a question-and-answer session, a memorable rendition of Beyonce’s Drop Challenge by some of the participants and high-level networking.
Gold remains one of the most powerful commodities in the global financial architecture. It is widely recognized that, for traders in Nigeria, specifically, currency pressures, inflation expectations, and shifts in global liquidity make up the macro environment more often than not; hence, understanding the correlation of gold with key Forex assets is more of an economic insight than a trading tactic.
The correlation between gold and currencies, equities, bonds, and even energy markets provides a broader framework for interpreting global risk sentiment. A growing number of Nigerian investors use this correlation to hedge against inflation, read capital-flow trends, and adjust trading strategies across major currency pairs.
Why Gold Matters in Today’s Macro Environment
This can be explained by looking at the larger picture and how global factors either positively or negatively impact the price of gold: spiraling inflation, geopolitical tension, tightening by central banks, and the flight-to-safety dynamic that heightens in moments of market stress. African traders, especially those active with international brokers such as JustMarkets, are very sensitive to how gold performs not only as a commodity but also as a macro indicator.
Indeed, the strongest correlations of gold are more often found with the US dollar, major bond markets, equity indices, and energy instruments in periods of high geopolitical risk. Each one of these offers a different angle for Nigerian traders to approach macroeconomic changes.
Gold and US Dollar: The Most Watched Correlation
The inverse correlation between XAU and the USD remains one of the bedrock relationships in global finance. It usually weighs on gold because a stronger dollar raises the opportunity cost of holding the metal. Conversely, the opposite has occurred when the market has priced in rate cuts, rising inflation, or policy uncertainty.
This relationship provides Forex traders in Nigeria with a macro perspective:
USD strength; pressure on gold; bullish signals for USD-pairs like USD/JPY or USD/CHF
USD weakness; appreciation of gold; potential strengthening of the non-USD majors
This dynamic is often emphasized by platforms such as JustMarkets in their markets analytics, allowing traders to match the technical setup with real policy shifts from the Federal Reserve.
Gold and Bond Yields: A Window into Global Risk Appetite
Gold is highly sensitive to real interest rates. When US real yields fell, it sent gold higher because investors saw it as a hedge against inflation and thus a haven. Yet higher yields tend to dampen demand for precious metals.
To traders, this correlation is a reason for short-run volatility around announcements like:
US CPI
FOMC decisions
Results of Treasury auctions
In countries like Nigeria, when domestic inflation is high and Naira pressure amplifies sensitivity to global risk, the movement of gold often proves an early indicator of how capital might rotate between safe havens and risk assets worldwide.
Gold and Equity Markets: The Fear Gauge
While geopolitical tensions or recession fears tend to deflate equity markets, they strengthen gold. This negative relationship is considered helpful for traders looking to deduce spikes in volatility and risk-off flows. Examples include:
Sharp US30 or NAS100 declines coupled with XAU/USD rallies
Broad-based sell-offs driven by political uncertainty or commodity shocks
This dynamic helps explain to the Nigerian analysts focused on policy and political economy how global risk events transmit to the local market through capital-flow sentiment.
Gold and Energy: Transmission via the Inflation Channels
Although gold and oil are not directly correlated, both respond to inflation expectations. Surging oil prices can fuel inflation forecasts that support the price of gold.
This channel is particularly important in the case of Nigeria, a major oil exporter. When crude markets temporarily tighten due to supply disruptions or OPEC policy decisions, gold becomes a complement to hedge against global inflation risk.
Trading with the Use of Gold Correlations
A structured approach allows traders to put gold’s relationships into practice:
Start with the macro driver.
Identify whether inflation, geopolitics, or monetary policy is the primary force shaping markets.Translate the macro event into correlation expectations.
Example: falling bond yields lead to a weaker USD, which in turn supports gold and could lead to upside in EUR/USD.Use correlation clusters instead of isolated signals.
Gold + USD + bonds provide a more reliable picture than gold alone.Apply risk management aligned with volatility cycles.
Gold’s volatility often spills over into major currency pairs.
Market platforms like JustMarkets emphasize these cross-asset links to help traders simplify complex macro interactions into actionable insights.
Why Nigerian Traders Pay Close Attention
The Nigerian economy is highly integrated into global commodity flows; inflation cycles, dollar liquidity, and geopolitical developments tend to reach the local market faster than the pace at which policy adjustments can be made.
Gold serves as a barometer of global risk, a hedge against currency depreciation, and a signal of moves in the key USD pairs that headline Nigeria’s trading activity.
In a region increasingly active in the Forex market, understanding the relationships involving gold is not just about trading but also a strategic tool for analyzing global economic behavior
Mr. Tim Akano, New Horizons Chief Executive Officer, took centre stage at the Nigerian Information Technology Reporters’ Association (NITRA) annual end-of-year meeting on Thursday, December 18, 2025, recounting the company’s remarkable growth and reaffirming free IT training for journalists.
Tim Akano, New Horizons Chief Executive Officer, in a group photograph with NITRA Members
Speaking directly to IT media members at the company’s training facility in Lagos, Akano acknowledged the critical role journalists played in supporting New Horizons during its formative years two decades ago.
He detailed how the firm evolved from a handful of staff to one of Africa’s leading ICT skills training organisations, now employing about 500 staff across multiple training centres nationwide.
Akano Spotlights Youth Training, University Partnerships
Akano highlighted that New Horizons has trained over 500,000 youths, particularly tertiary institution students, equipping them with practical IT skills essential for Nigeria’s digital economy.
He announced recent partnerships with universities, including a new agreement with Afe Babalola University, to scale hands-on training programmes for students.
“This growth would not have been possible without the media’s support in documenting our journey,” Akano stated, pledging continued free IT skills training for media members to remain competitive in the evolving digital landscape.
Reciprocal Support Defines Long-Standing Partnership
The venue hosting the NITRA meeting underscored Akano’s generosity; NITRA Secretary Chidiebere Nwankwo secured the free facility after contacting him—a gesture consistent with New Horizons hosting multiple association events and training IT journalists since its inception 20 years ago.
Participants shared personal testimonies of Akano’s support, including veteran journalist Aaron Ukodie, whose daughter—an Accounting graduate from the University of Johannesburg—received NYSC placement and IT scholarship at New Horizons.
The Guardian’s Yemi Adeyemi recounted Akano accommodating his editor’s child for mandatory IT training after other firms declined.
Members praised Akano’s commitment to human capital development as evidence of deep appreciation for the media community that chronicled New Horizons’ success over two decades.
National Identity Management Commission (NIMC) has launched the NIMC Pre-Enrolment Portal to revolutionise the National Identification Number (NIN) enrolment process, enabling applicants within Nigeria and in the Diaspora to capture biodata online prior to biometric verification at enrolment centres.
NIMC
Accessible via penrol.nimc.gov.ng, the platform allows users to fill enrolment forms, schedule appointments, upload supporting documents securely, and manage personal details directly, thereby slashing congestion, minimising wait times, boosting data accuracy and enhancing overall service efficiency at centres nationwide.
NIMC Director-General and CEO, Engr. (Dr) Abisoye Coker-Odusote, spearheaded the initiative as part of the Commission’s technology-driven strategy to fortify institutional performance, aligning with President Bola Ahmed Tinubu’s Renewed Hope Agenda that emphasises digital transformation, efficient public service delivery and inclusive national development.
Dr Kayode Adegoke, Head of Corporate Communications, highlighted key benefits including simplified biodata handling, confidential data protection through robust security measures, reduced physical centre visits and heightened operational effectiveness, urging all prospective enrollees to adopt the portal for a faster, citizen-friendly experience.[conversation_history]
The move underscores NIMC’s mandate under the NIMC Act No. 23 of 2007 to manage the National Identity Database, issue NINs and foster a reliable digital identity ecosystem vital for national planning, with users advised to complete pre-enrolment online before heading to selected centres for biometrics.
FIRS Rebrands as Nigeria Revenue Service, as New Tax Laws Take Effect
Galaxy Backbone Celebrates the Federal Government’s Paperless Civil Service Milestone
Banks to Impose N50 Stamp Duty on Transfers of N10,000 and Above from January 1
How to Use the Correlation of Gold with Other Trading Assets in the Forex Market
How Nigeria’s New Tax Law Could Redefine Risk in the Banking Sector
Nigeria Records Highest Weekly Cyberattacks in Africa — Report
Banks quietly move to enforce new ₦50 transfer levy from Jan. 1
Financial Sector Faced AI, Blockchain and Organised Crime Threats in 2025 – Report
Report Reveals Half of 2025’s Compromised Passwords were Already Leaked
Minister Claims Bandits Exploit Poor Network, Bounce Calls Off Multiple Towers
Telecom2 days agoT2 Faces NCC Probe in Benue Over Major Service Outage in 9 LGAs
Telecom2 days agoMTN Nigeria Crowns Ayo Benzi Winner of Next Afrobeats Star
E-Business2 days agoJumia CEO says Black Friday Signals Nigeria’s E-Commerce Maturity
E-Financial2 days agoGTCO Secures Regulatory Approvals to Raise N10bn in Private Placement
General News2 days agoNDIC Reinforces Full Oversight Compliance to Safeguard Depositors
Telecom2 days agoNCC Grants 45 Days for Telecoms Firms to Fix Unapproved Shareholding Changes
Telecom2 days agoNCC Unveils Draft 5-Year Spectrum Roadmap, 60 GHz License-Exempt Guidelines to Boost Broadband, Innovation
E-Financial1 day agoBanks to Impose N50 Stamp Duty on Transfers of N10,000 and Above from January 1