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ICT: October Has A Special Place For Me – Austin Ugi

Austin Ugi, the founder and the CEO of Nugi Technologies, an indigenous IT firm that has made tremendous strides in various sectors of economy from health solutions to Aviation and Education. The organisation has grown in leaps from a humble begining in Calabar to the present place in Lekki, Lagos.

Austin as he is fondly called used this month of October to look back and appreciate where he has been and was coming from. In his word he said “An October to always Remember!October was an amazing month for me, probably October is now my best month ever. I Celebrated 7 years of marriage with my wife on the 25th of October and welcomed 2 boys into our family on the same day.”

He added”Another excitement I had from this month was being able to send more kids back to school, may be small achievements but the Artty care foundation is helping future teachers, presidents, doctors and engineers to stay in school when it mattered, not going to school at a young age can hinder every progress you can make in a life time.”

“I also received an award from Alvan Ikoku College of Education for my outstanding support for Teacher’s Education in Nigeria, we work everyday to ensure that practicable technology is made available to aid teachers development and Alvan honoured me for this.”

On growth and partnership, he sais that “Our company closed some of the biggest partnerships we could ever have dreamed of, some very big businesses that could ensure another 15 to 25 years of existence for us in Nugi Technologies. Building and bootstrapping Nugi from nothing has taught me some very big life long lessons, people, culture, growth, business management and more, one thing that stood out for me is staying true to growth, working together and genuinely with the community you build.”

On expansion he said that “We also added a new company to our group, Nugi Farms. Nugi farms is primed to become one of the biggest Agricultural venture, our population is increasing everyday in Nigeria, commodities and food are becoming even more expensive, our mission is to use the resources and technology we have at our disposal to create farms that can provide for thousands across the country, and to help reduce the cost of certain food items, apart from providing food, it is also our aim to provide more jobs and give more families the opportunities here in Nigeria, most especially at the rural level.”

Whatever you want to do or achieve in life is possible, build patiently, fail sometimes and learn, then grow, my career and business has been a mix of failures and success, right now, only the success can speak out.

Anthony Nwosu

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Transcorp Hotels Plc Achieves Remarkable Financial Milestones at 10th Annual General Meeting

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Dupe Olusola, the Managing Director/CEO of Transcorp Hotels Plc, has announced the company’s exceptional performance at its 10th Annual General Meeting held on Monday. With resounding applause from shareholders, Transcorp Hotels Plc has once again demonstrated its strong financial prowess and commitment to delivering value.

In her statement, Dupe Olusola highlighted the following key achievements:

– A remarkable 36% growth in revenue to N41.5 billion.
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The first-quarter results for 2024 further underscored Transcorp Hotels Plc’s robust performance, with revenue growing by 72.2% from N8.03 billion to N13.83 billion. Profit before tax stood at N6.09 billion, while profit after tax…

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SIM Boxing, And The Unboxing of a Crime Syndicate

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Boxes have a multitude of uses, and the word “box”, lends itself to diverse contexts. For “Ajala Travelers,” the box is a necessity for keeping goods for their endless journeys. In literature, idiomatically, it can be said that “one has been boxed into a corner;” another might say to deal with a conundrum: “think outside the box;” then there is the “Pandora’s box” that no one wants opened. To “box one’s ear’s” refers to a hit on the head, especially around one’s ears. For those who celebrate Christmas, “Boxing Day,” which is the 26th of December, the second day of Christmastide is not to be joked with: A day to unbox gifts. So much for the box.

 

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In a commendable acknowledgment of his dedication to transparency and good governance within NNPC Limited, Mr. Mele Kyari, the Group CEO, has been bestowed with the prestigious 2024 Nigeria Union of Journalists (NUJ) Good Governance Award.

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Reflecting on his own humble beginnings, the executive shared anecdotes from his early days as a trainee, highlighting the blend of ambition, thirst for knowledge, and the daunting challenges that lay ahead. Eager to engage with the fresh talent, he opened the floor to questions, unveiling the aspirations and concerns of a generation poised to leave their mark on the world.

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Technology company, Versofy, best known for its solar solutions and services, says that preparing for South Africa’s water crisis should become a significant priority. The company, which is fast becoming a necessity-driven entrepreneurial brand, believes that further use of smart technology will also remain critical when addressing the pressing issues of water scarcity in South Africa.

 

Ross Mains-Sheard, Co-Founder and CEO of Versofy, says that South Africa’s water crisis is fast approaching scarcity status: “We believe that by promoting self-sufficiency and sustainability through our own smart technology solutions, we will help to address the increasing concerns regarding an imminent water shortage.”

 

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Azentio Software (“Azentio”) (www.Azentio.com), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won three awards with its respective clients, at the IBSi Digital Banking Awards 2024 ceremony, held as a part of the prestigious Cedar-IBSi Digital Banking & AI Summit, on April 19 in Bengaluru, India. The company was declared Segment Winners I SME/Corporate Banking, Regional Winners I Middle East & Africa, and Segment Winners I Compliance Management.

 

Organised by IBS intelligence (IBSi), one of the world’s leading financial technology research, advisory, and news analysis firm firms, the annual award program honours technology players, Banking as a Service (BaaS) providers, digital banks, neo banks, and challenger banks for their excellence in driving impact through technology implementations and innovations using emerging technologies.

The Azentio Accolades

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