Telecom
V-Convention Underscores QNET’s Commitment to Transparency and Accountability – Biram Fall
Mr. Biram Fall, QNET’s Regional General Manager, Sub-Sahara Africa, said that V-Convention is a veritable platform where QNET underscores its commitment to transparency and accountability.
Mr. Biram Fall, QNET’s Regional General Manager (RGM)
He stated this on Thursday at a webinar organised for Nigerian journalists who have attended the V-Convention (VCON) in Malaysia to share their experiences.
Mr. Fall stated that V-Convention enables stakeholders to witness firsthand the company’s dedication to product quality, ethical business practices, and the empowerment of its IR network.
He also added that V-Convention is an avenue for distributors to deepen product knowledge, engage with company experts in business-building sessions as well as gaining insights from accomplished distributors.
He further emphasized that QNET brings together a diverse assemblage of marketing professionals, experienced business leaders, and global entrepreneurs associated with the QI Group’s flagship business in Penang, Malaysia. “Every year since 2022, QNET invites selected journalists from media outlets in Nigeria to attend this important event.
We recently hosted the first V-Convention of 2024 in May, bringing up to 9,000 attendees. Following QNET’s theme for the year, “Championing You,” the event emphasized QNET’s unwavering commitment to empowering individuals with financial independence and personal growth through our lifestyle and wellness product portfolio.
“This unique platform fosters knowledge exchange, develops new ideas, and propels the industry forward by bringing together a diverse group of experts, entrepreneurs, and marketing professionals.
Speaking further Mr. Fall noted that Nigerian Journalists overtime have been invited to Malaysia in order for them to have a firsthand experience of the convention.
According to him, “Every year since 2022, QNET invites selected journalists from media outlets in Nigeria to attend this important event.
“We’re grateful to our media partners who have joined us at various times to mark this important occasion.”
Nigerian journalist who at one time or the other attended the V-Convention (VCON) in Malaysia shared their palatable experiences at various times at the convention.
Starting with Royal Ibeh, a reporter with Leadership Newspaper who attended the VCON 2024 edition said, “It was a great experience. My take home from the VCON experience is how QNET is empowering micro entrepreneurs all over the world, QNET has given them a purpose in life.
“Imagine someone who does not have anything doing, all of a sudden start earning as high as $500,000, all thanks to QNET. I would scream more than them if I was given that opportunity.
“So, that is what I was eager to write about on how Africans can leverage on the direct selling model. I would love to see a time when Africans will be in that hall, celebrating the founders of QNET”.
N’ankwat Dariem of Voice of Nigeria who was at the VCON 2023 noted the significant presence of young entrepreneurs at the event seeking to improve their lives through direct selling. This resonated with Prince Osuagwu of Vanguard Newspaper, VCON attendee 2022 who further highlighted the strong sense of community and support fostered by the event.
He viewed VCON as a platform for knowledge exchange, particularly valuable for replicating success stories in the Nigerian market with its large youth population. Osuagwu was also impressed by QNET’s dedication to innovation, showcasing products that address real-world challenges in Nigeria, such as vertical farming technology and hygiene devices.
Mr. Akeem Ajisafe Abiodun, CEO, Transblue Ltd, said that the goal with the webinar was to gain a deeper understanding of what the V-Convention means for QNET and its stakeholders and to highlight its crucial importance to the direct-selling industry.
He said V-Convention is QNET’s largest gathering of network marketing professionals, experienced business leaders, and global entrepreneurs associated with the QI Group’s flagship business. “QNET is known for its direct-selling business model, which involves selling products directly to consumers through an e-commerce platform. This business model has empowered thousands of people worldwide to become successful entrepreneurs. Direct selling is not only a promising career option but also a route to economic empowerment. The industry provides an appealing opportunity to launch a business with minimal capital or logistic challenges. However, in Nigeria and many African countries, the industry has garnered attention for the wrong reasons due to the prevalence of pyramid schemes and fraudulent practices posing as legitimate direct-selling companies.”
Ajisafe added that V-Convention is a platform that plays a significant role in dispelling the misconception that direct selling is fraudulent. It emphasizes the importance of ethical practices, networking, and building sustainable businesses. The event also highlights the value of direct selling as a means of personal and financial empowerment, showcasing the success stories of entrepreneurs who have built their businesses through QNET’s direct selling model.”
Speaking on the latest trends and Innovation showcased at V-Convention 2024, Ajisafe said that V-Convention provides a platform to showcase the latest trends and innovations in the direct selling industry. This includes the launch of exciting products that enhance customer experiences and increase distributors’ efficiency, as well as exclusive training and empowerment opportunities.
“The recently concluded V-Convention in May was a five-day event that showcased the launch of products such as the Amezcua E-Guard X. This revolutionary device is a unique wellness solution that provides protection for your body from the harmful effects of electro-smog exposure from mobile phones, computers, laptops, and televisions. Additionally, the event introduced the HomePure Rayn, which is the first showerhead to integrate Amezcua Resonance Technology with the high-quality water filtration that the HomePure brand is known for. Lastly, the BHM luxury Swiss watch and jewellery brand introduced a new collection of timepieces titled Alto.
“The event celebrates the power of community by bringing together a diverse group of up to 9,000 individuals from over 30 countries worldwide, creating a dynamic environment for exchanging ideas, sharing success stories, and forming meaningful connections,” Ajisafe said.
ntel, has officially moved away from its traditional voice and data business, unveiling a major transformation that will see it focus on digital infrastructure, artificial intelligence and technology-driven services.
As part of the consolidation process, ntel unveiled The Next Frontier, a transformation agenda planned to see the firm transform into an integrated digital infrastructure, connectivity and real estate enterprise.
Its new focus is a now BET Agenda – anchored on three growth pillars, Beam, Eden, and Titan and the drivers said that the strategy reflected ntel’s commitment to creating new opportunities through technology innovation, infrastructure development, and strategic asset optimisation.
The launch comes as ntel continues its journey towards regaining spectrum assets, while actively leveraging strategic partnerships to redefine innovation in the telecommunications industry and unlock new pathways for growth.
Built on the company’s BET Agenda – anchored on three growth pillars, Beam, Eden, and Titan – the strategy reflected ntel’s commitment to creating new opportunities through technology innovation, infrastructure development, and strategic asset optimisation.
The launch comes as ntel continues its journey towards regaining spectrum assets, while actively leveraging strategic partnerships to redefine innovation in the telecommunications industry and unlock new pathways for growth.
The company also showcased a portfolio of initiatives designed to strengthen its position as a future-focused infrastructure platform.
Under Beam, ntel announced the launch of WakaGo, a global e-SIM solution that delivers seamless connectivity for international travellers, alongside AirFibre, a high-speed fixed wireless broadband service designed to provide reliable internet access for businesses.
Under Titan, the company highlighted its growing infrastructure business focused on tower development, fibre connectivity, duct infrastructure, colocation services, and infrastructure sharing solutions that enable operators, enterprises, and technology providers to expand efficiently and sustainably.
A major highlight of the launch was Eden, ntel’s real estate development platform, which is transforming NatCom’s extensive property portfolio into high-value commercial and residential developments.
To further push its transformation, the company unveiled three flagship projects. They are Eden Place, a premium multi-storey commercial development in Lagos’ prime business district.
There is also Nova Place, a modern commercial development strategically located within Port Harcourt’s growing technology and business hub.
Terenna Court, a premium multi-storey residential apartment development in Abuja.
Together, these projects demonstrate ntel’s ambition to unlock the full potential of its real estate assets through strategic partnerships, innovative design, and long-term value creation.
Speaking at the unveiling of The Next Frontier, Soji Maurice-Diya, managing director/chief executive officer, NatCom Development and Investment Limited (trading as ntel), described the initiative as far more than a business transformation strategy.
According to him, it represents the company’s commitment to building an integrated ecosystem that connects people, empowers businesses, drives digital inclusion, and creates sustainable economic value for Nigeria.
Airtel Africa Foundation, through Airtel Nigeria, has reaffirmed its commitment to developing Nigeria’s future workforce with a high-impact virtual masterclass designed to equip young people with the practical skills required to thrive in an increasingly technology-driven economy.
The Initiative, held to commemorate World Youth Skills Day 2026, themed “Skills for a Shared Future – The NextGen Advantage,” presented a platform on which experienced Airtel professionals provided mentorship and coaching to undergraduates, interns, and recent graduates for the current realities of formal work environments.
Organised on the auspices of the Airtel Employee Volunteer Programme (EVP), by which staff donate their time and expertise towards social programmes, the 90-minute virtual masterclass, which was attended by over 400 undergraduates and young professionals, extended the reach of the Foundation’s education and youth development programmes.
Speaking on the initiative, Chief Executive Officer of Airtel Nigeria, Dinesh Balsingh, said investing in young people remains one of the most impactful ways to build Nigeria’s future economy.
He said, “The future of work is changing faster than ever before, and success will increasingly belong to those who are equipped with the right skills, the right mindset, and the confidence to adapt. As an organisation, we believe that empowering young people with practical digital and professional capabilities is an investment in Nigeria’s future competitiveness.
Through our Employee Volunteer Programme, our people are sharing not just knowledge, but real industry experience to help shape careers, unlock opportunities, and prepare the next generation to lead in a digital world.”
Unlike traditional career seminars, the masterclass adopted an interactive learning model that offered participants the option to select specialised breakout sessions aligned with personal interests and career aspirations.
In his keynote remarks titled The Next Gen Advantage, Director, Corporate Communications and CSR, Airtel Nigeria, Femi Adeniran, noted that the future will be shaped by the skills to transform great ideas into impactful solutions.
He summed up the pathway to a future-ready career into five actions, namely learning continuously, solving problems, building a digital reputation, embracing Artificial Intelligence, and developing human skills.
“Technical knowledge remains important, but employers today are equally looking for adaptability, collaboration, communication, digital confidence, and the ability to learn continuously,” he said.
In the first general session titled Your Network is Your Net Worth, Adebimpe Ayo-Elias, Director, Human Resources and Administration, Airtel Nigeria, charged attendees to build character. The second general session themed Your Money, Your Future, delivered tips on budgeting and financial discipline was facilitated by Olakunbi Osigbesan, Head, Treasure, Smartcash PSB.
Following the general sessions were five breakout rooms, in which attendees were offered curated guides designed to develop contemporary workplace competencies.
The first session, Digital Transformation and Growth, led by Oyebowale Akideinde, General Manager, Digital and Innovation, Airtel Nigeria, presented a mechanism to leverage digital platforms for visibility and opportunity creation.
The CV Clinic and Interview Masterclass, which was led by Chidera Okoye, HR Outsourcing Lead, Airtel Nigeria, discussed practical recruitment strategies, including applicant tracking system (ATS)-friendly CVs, and the STAR interview framework.
A third session on Communication and Personal Branding, delivered by Sam Adeoye, Head, Public Relations, Airtel Nigeria, focused on value presentation, executive communication, and earned visibility, built on “V.I.R.A.L.”, a mnemonic device created for the attendees by the facilitator.
The programme also featured a dedicated session titled AI as Your Superpower, presented by Ezenwa Agbanusi, IT Governance Executive at Airtel Nigeria, in which participants discussed prompt engineering and AI-powered tools for enhanced learning, creativity, and workplace performance.
Corporate Social Responsibility Lead at Airtel Nigeria, Victoria Ndu, led the fifth breakout room on Emotional Intelligence, with a guide on building a high emotional intelligence quotient (EQ) for improved workplace and business performance.
By connecting future professionals directly with industry experts, the company continues to support the development of a workforce equipped to participate meaningfully in Nigeria’s rapidly evolving digital economy and contribute to shared prosperity.
U.S. ride-hailing giant Uber has agreed to acquire German food delivery company Delivery Hero in a deal valued at €12.7 billion ($14.6 billion), marking one of the largest transactions in the global food delivery industry.
Uber
The companies announced the agreement on Thursday, with Uber offering €41.50 per share for Delivery Hero, a Berlin-based company that has grown into one of the world’s largest online food delivery platforms.
Despite the announcement, Delivery Hero’s shares declined by 0.5 per cent in Frankfurt trading to €37.90.
Founded in 2011, Delivery Hero operates in more than 60 markets across Asia, Europe, Latin America and the Middle East.
The company has expanded beyond traditional restaurant delivery services into quick commerce, providing rapid delivery of groceries and other consumer goods.
Under the agreement, Uber will acquire Delivery Hero’s operations in 50 markets globally.
As part of the transaction, U.S.-based investment firm SSW Partners will acquire Delivery Hero’s businesses in 14 additional markets where the German company and Uber currently compete. The transaction is valued at approximately €1.4 billion.
Delivery Hero Chief Executive Officer and co-founder, Niklas Östberg, said the partnership would strengthen the company’s long-term growth by combining its local market expertise with Uber’s global technology and delivery platform.
“Uber’s global mobility and delivery platform and our shared commitment to innovation make this the right partnership to build on Delivery Hero’s strengths in local food delivery and quick commerce,” Östberg said.
Uber Chief Executive Officer, Dara Khosrowshahi, said the acquisition would expand the company’s delivery operations while creating new opportunities for merchants, consumers and delivery workers.
“A merger would extend affordable, reliable delivery to many millions more people in some of the world’s most dynamic economies, while creating more opportunities for merchants and couriers,” he said.
Delivery Hero’s management has unanimously recommended that shareholders approve the offer.
The companies said the transaction remains subject to shareholder approval and regulatory approvals, with completion expected in the second half of 2027.
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