E-Business
Thomson Reuters Inaugurates 4th Trading Africa Summit in Cape Town

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, has inaugurated the 4th Trading Africa Summit in Cape Town, South Africa.
The summit, sponsored by Barclays Africa, attracts more than 600 senior delegates from the regional trading and investment community including capital markets authorities, government bodies, investment firms, and companies.
In his keynote speech, David Craig, president of Financial and Risk, Thomson Reuters, said: “The Continent is becoming a key market for global business, but also a magnet for investment. Global demand for goods and services remains subdued, but Africa continues to challenge this trend. Many nations in the developed world talk about the challenges of the old, for the continent of Africa I like to think about the opportunities of the young and the new.”
He added: “We believe that African economies can leapfrog traditional markets through technology – the pace of mobile innovation on the continent is testament to this, empowering everything from education, financial inclusion and healthcare. Africa is more connected than ever before – connected across borders, across industries and crucially across the world’s financial markets.”
“Thomson Reuters is now the official calculator for 22 of Africa’s essential benchmarks beginning the process which will move currency benchmark from a manual telephone-based system to a state-of-the-art automated process,” he concluded.
The first panel discussed doing business in Africa and highlighted the best investment approach across the continent’s markets. Pascal Agboyibor, Partner and Board Member, Orrick, Herrington and Sutcliffe, stressed that mega projects have had a transforming impact on African economies.
“Investors should be focusing on these blue chip projects given the growing need for electricity and power. Tourism is another happening sector and we are seeing investors focusing on this interesting sector,” he added.
Hans Kuipers, partner and managing director, The Boston Consulting Group, said: “It is critical that governments roll out appropriate infrastructure programs that will benefit other sectors and support the economy. The trust aspect is significant and governments, communities as well as the public sector need to collectively work towards executing major infrastructure projects.”
Thomas Wilson, director, Africa Practice, highlighted the importance of government communications.
“Governments should improve their communications as opposed to following procedures and processes. Investors need clarity over regulations and governments have to cater to that need and enhance transparency. The rise of intra African trade is very promising and a sign of maturity across the continent’s economies. It is no longer Western money invested in Africa, but Africa business driving growth,” he added.
Steven De Backer, Founding Director, Afriwise, said: “The growing middle class is driving wealth across the continent. International firms are now actively looking at opportunities. Risks of commodity prices continue to pose challenges; however, the investment appetite is gradually growing.”
The second panel titled “Africa rising” vs. Afro-realism in a complex global economic environment debated the upside and downside risks of the commodity cycle, China’s cooling economy, Europe’s woes, the global economy and domestic demand.
Mohammed Nalla, head, Strategic Research, Global Markets, Nedbank Capital, said: “Africa has a unique opportunity as the global economy facers serious challenges. Currently, Africa is competing with global markets and attracting international investment. The African infrastructure was built to serve the world, not only Africa. Intra African integration has a long way to go.”
Christopher Becker, Lead Economist & Strategist, African Alliance, said: “We have seen strong growth rates. That said, the performance of banks does not reflect these rates.”
He pointed out that decreasing oil prices have only impacted the high income segments, while the low income segment was not really affect as in Nigeria’s case.
“Africa can benefit from the liberalization and reform experience of South East Asia. People need to have the right tools and business environment to achieve the right productivity potential.”
E-Business
Lagos Unveils Cybersecurity Guidelines to Tackle Rising Digital Threats

Lagos state government has unveiled a comprehensive set of cybersecurity guidelines designed to enhance digital safety for businesses, public institutions, and residents across the state.

Babajide Sanwo-Olu, Lagos State Governor
Gbenga Omotoso, commissioner for Information and Strategy, said the initiative represents a significant step in Lagos’ ambition to establish itself as a smart, secure, and globally competitive digital hub.
He noted that as one of Africa’s fastest-growing technology ecosystems, Lagos is increasingly exposed to cyber threats, necessitating stronger and more coordinated security measures.
Citing data from the National Information Technology Development Agency (NITDA), Omotoso, said Nigeria loses over $500 million (about N250 billion) annually to cybercrime, emphasizing the urgency of proactive interventions.
According to him, while the state’s transition into a smart city offers vast opportunities, it also heightens vulnerability to digital attacks.
“The guidelines, available online, provide practical and scalable recommendations for small businesses, large enterprises, and Ministries, Departments, and Agencies (MDAs),” he said.
He added that the framework aligns with key national regulations, including the Cybercrime Act (2024), the Nigeria Data Protection Act (2023), and the National Cybersecurity Policy and Strategy (2021).
Omotoso emphasised that the document is not intended as a regulatory instrument but rather as a resource to equip stakeholders with actionable and context-specific guidance.
He reiterated the state government’s commitment to fostering a secure digital environment that supports innovation, attracts investment, and strengthens public confidence.
The commissioner commended the Lagos State Cybersecurity Advisory Council, led by Prof. Fene Osakwe, for its contribution to the development of the guidelines, and also acknowledged Tubosun Alake, commissioner for Innovation, Science and Technology, for his support.
He added that the framework is expected to boost collaboration between the public and private sectors, enabling organisations, from small enterprises to multinational firms, to operate more securely.
Omotoso further noted that the guidelines would be reviewed periodically to keep pace with emerging threats and evolving technologies, stressing that cybersecurity remains central to Lagos’ digital transformation agenda.
E-Business
Laundry Without Interruptions: Why LG Auto Restart Washing Machines Are Perfect for Nigerian Homes

In many Nigerian households, laundry day often comes with an added challenge, unpredictable power supply. A washing cycle that suddenly stops due to a blackout can leave clothes half-washed, soaked, and inconveniently delayed. For families with busy schedules, restarting laundry from scratch is not just frustrating, it wastes time, water, and electricity.

LG Electronics addresses this everyday concern with a simple but powerful innovation: the Auto Restart feature in LG Twin Tub Washing Machines. Designed with real-life Nigerian conditions in mind, this feature ensures your laundry continues seamlessly, even after an unexpected power outage.
Understanding the Auto Restart Feature in LG Washing Machines
The Auto Restart feature allows an LG washing machine to automatically resume its wash cycle from the exact point it stopped when power is interrupted. Instead of resetting the cycle or requiring manual input, the machine retains the previous settings and continues washing once electricity is restored.
This intelligent design removes the need to:
- Restart the wash cycle manually
- Guess how long the clothes were already washed
- Repeat washing unnecessarily
For households experiencing frequent power cuts, Auto Restart turns a common inconvenience into a non-issue.
Why Power-Friendly Washing Machines Matter in Nigeria
Power outages remain part of daily life across many parts of Nigeria. From urban centres to rural communities, sudden electricity interruptions can disrupt household routines, especially when appliances are running.
Traditional washing machines often reset completely after power failure. This can result in:
- Incomplete washing
- Over-washing clothes when cycles are restarted
- Increased water and electricity usage
- More time spent monitoring the laundry
LG’s Auto Restart feature is designed specifically to overcome these challenges, making it a highly practical solution for Nigerian homes.
Key Benefits of LG Auto Restart for Nigerian Households
- Uninterrupted Laundry Experience
With Auto Restart, you don’t need to stay close to your washing machine or worry about power restoration while you’re away. The machine takes care of itself and resumes washing automatically.
- Saves Time, Water, and Energy
Restarting a wash cycle means using extra water and electricity. Auto Restart ensures that no part of the wash is wasted, helping households operate more efficiently.
- Protect Your Clothes
Repeated washing or incorrect restarting can lead to fabric wear. By continuing from the correct wash stage, LG Auto Restart helps maintain proper fabric care.
- Ideal for Busy Families and Professionals
Whether you’re managing a large household or balancing work and home responsibilities, Auto Restart ensures laundry doesn’t become another task that demands constant attention.
LG Twin Tub Washing Machines: Built for Real Living
LG Twin Tub Washing Machines are widely appreciated in Nigeria for their durability, affordability, and strong washing performance. Combined with Auto Restart, these machines become even more responsive to local household needs.
Other features include:
- Powerful wash action for tough stains
- Separate wash and spin tubs for greater control
- Long‑lasting build quality designed for frequent use
- Efficient water usage, especially useful in water‑conscious households
These qualities make LG Twin Tub washing machines a popular choice among Nigerian consumers looking for reliability and value.
Ideal Washing Machine for Areas with Frequent Power Outages
If you live in an area where electricity supply can be unpredictable, choosing a washing machine with Auto Restart is no longer optional but it’s essential. LG washing machines with Auto Restart are especially suitable for:
- Homes with irregular power supply
- Large families with frequent laundry needs
- Users who value convenience and efficiency
- Households looking to reduce water and energy waste
Why LG Washing Machines Stand Out in Nigeria
LG continues to be a trusted name in home appliances across Nigeria due to its focus on durability, smart features, and customer-centric innovation. By designing washing machines that work reliably under local conditions, LG reinforces its position as a brand that understands and responds to everyday challenges.
From Auto Restart technology to powerful wash performance, LG washing machines provide practical solutions that simplify daily life.
Final Thoughts: Less Stress, More Control Over Laundry
Laundry should not depend on the perfect electricity supply and with LG Auto Restart washing machines, it doesn’t have to. By automatically continuing wash cycles after power outages, LG helps Nigerian households enjoy greater convenience, efficiency, and peace of mind.
For anyone searching for the best washing machine for power cuts in Nigeria, LG washing machines with Auto Restart offer a smart, reliable, and stress‑free solution – every wash, every time.
For more information, visit https://www.lg.com/africa/twin-tub-washing-machines
E-Business
Access Holdings, Coronation Partner Tate Modern to Spotlight Nigerian Modernism

Access Holdings Plc and Coronation Group have partnered with Tate Modern to commemorate World Art Day with a virtual session highlighting the global significance of Nigerian modernism.

Access Holdings
The event, titled “In Conversation with Osei Bonsu: Inside Nigerian Modernism,” featured a virtual tour of the Nigerian Modernism exhibition and discussions on the evolution of modern art in Nigeria.
The session brought together staff members across both organisations, reflecting growing institutional engagement with arts and culture as a driver of societal development.
Speaking at the event, Chief Communications and Marketing Officer of Coronation Group, Ngozi Akinyele, emphasised the role of art in shaping identity and national development.
She said that beyond financial capital, cultural and intellectual capital are essential in defining a nation’s prosperity and inspiring dialogue.
Akinyele noted that both organisations were committed to democratising access to art, ensuring it is accessible to a wider audience rather than a select few.
The discussion also featured insights from Tate Modern Curator, Osei Bonsu, and art expert Daniel Wallis, who examined the development of Nigerian modernism and its global relevance.
Bonsu said Nigerian modernism represents an independent reimagining of global art, rooted in the country’s diverse cultural heritage and expressed through unique visual languages.
According to him, the movement challenges narrow, Eurocentric definitions of modernism and highlights the richness of African artistic expression.
The session further underscored the growing international recognition of Nigerian art, particularly through exhibitions at Tate Modern.
Participants also reflected on the visit of Bola Ahmed Tinubu to the exhibition, described as a milestone in promoting Nigeria’s cultural heritage globally.
In his closing remarks, Chief Communications Officer of Access Holdings, Amaechi Okobi, reaffirmed the organisation’s commitment to advancing African narratives on the global stage.
He said the collaboration with Tate Modern aligns with broader efforts to promote dialogue, preserve cultural identity and support the creative sector.
The event reinforced a shared commitment by Access Holdings, Coronation Group and Tate Modern to elevate African art globally and ensure Nigerian cultural narratives continue to shape international conversations.
Telecom3 days agoAirtel Nigeria Suspends Airtime and Data Credit Services
E-Financial3 days agoCourt Suspends Enforcement of FCCPC’s Reform on Loan Apps
Telecom3 days agoFCCPC Denies Banning Airtime Borrowing, Blames Cartel for Misinformation
E-Financial3 days agoFG Rules Out Borrowing from IMF’s $50Bn Support Fund
E-Financial3 days agoCBN Introduces Overnight Financing Rate to Compete with US, EU
General News3 days agoAfriStakes Unveils Platform to Connect SMEs with Investors
News3 days agoNITDA, CAC Activate Cybersecurity Measures Amid System Concerns
General News3 days agoNigeria’s Human Capital Key to Global Competitiveness – NITDA DG



















