Friday, November 16, 2018
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Teleology appoints new board of directors for 9mobile

Teleology is pleased has announced the constitution of a new Board of Directors for Nigeria’s multi-award-winning telecommunication company, 9mobile, following the successful completion of the tenure of the former Board appointed by the Central Bank of Nigeria (CBN) and in fulfillment of the consequential transfer of final ownership to the new investors, Teleology Nigeria Limited.


The Chief Executive Officer of Jumia Nigeria, Mrs Juliet Anammah has described the recent tripartite motion by the Consumer Protection Council (CPC), the Standard Organisation of Nigeria (SON), and the Nigeria Custom Service (NCS) on the urgent need for government to develop a framework to regulate the activities of eCommerce platforms in Nigeria, as a round peg in a round hole. She assured the government that Jumia will continue to offer necessary supports to ensure such framework is developed with the purpose of protecting unsuspecting shoppers online.


The Nigeria Employers’ Consultative Association (NECA) has expressed its shock and utter dismay at the gruff actions and jungle behaviour of Mr. Lanre Gbajabiamila, new D.G. of the National Lottery Regulatory Commission (NLRC) in shutting down the offices and business premises of Nigeria Brewery Plc across the nation.

…Weeds out the counterfeits

In line with its ‘Buy Original Campaign’, Sollatek Ltd, a UK-based company and the world’s leading manufacturer of power protection devices, has embarked on a massive consumer sensitization and anti-counterfeiting program across various markets in Nigeria.

The nationwide mop-up, executed through a court order, has led to the confiscation of several substandard and counterfeit power protection products.

Speaking on the background behind the exercise, the IP & Trademarks Rights Manager, Sollatek(UK) Ltd, Mr. Thierry Poletstated that the exercise is in line with the company’s buy original global campaign which would help customers identify genuine Sollatek products.According to him, the company owes it a duty to help protect the safety of lives and properties of its customers hence the reason for carrying out the massive raid.

“Our primary focus is the safety of life and of property. We achieve this through the protection of electrical and electronic equipment from unreliable power, which can lead – and has led to – fires and even death. Original Sollatek devices protect your appliances, and your homes from over-voltage, under-voltage, surge protection and spikes in electricity. The fake products, often available at much cheaper prices – do nothing. By the time the customer finds out – it’s too late. We always encourage customers to protect their investments, their homes and their lives with original Sollatek products only.

Polet further explained that Sollatek has been established for over thirty years in the United Kingdom with a world-class pedigree for manufacturing innovative products in the power control, energy saving, temperature control and solar energy sectors, with products distributed to 190 countries around the world.

Genuine and patented Sollatek UK power surge protectors are available at authorized retailers and dealers stores nationwide. Each Sollatek UK product now has an ‘authentication verification process’ where customers can send a code to 38353 (Toll Free) to confirm authenticity.

For a better society

Stanbic IBTC Group reports a 59% growth in profit after tax in the nine months of 2018


Stanbic IBTC Holdings, a member of Standard Bank Group, has announced its nine months unaudited group results for the period ended 30 September 2018 reporting profit after tax of N59.76 billion, an increase of 59% for the corresponding period in 2017.

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