Business
Cisco Tasks Young Females On ICT
The General Manager,
English West Africa, Cisco Systems Nigeria Ltd, Mr Dare Ogunlade, on Friday urged young females to have positive mind set towards embracing Information and Communications Technology (ICT).
Ogunlade told newsmen in Lagos that the biggest limitation for young females not being interested in taking up Science, Technology, Engineering and Mathematics (STEM) subjects was their mind set.
He said that the students believed that the subjects were difficult and not meant for females but males.
According to him, Cisco is encouraging girls to consider ICT as a valuable career option, and ensuring a gender balanced workforce.
“Despite the obvious benefits of ICT, many girls never ever consider a career in ICT. There is a lack of awareness among students, teachers and parents as to what a career in ICT could offer.
“We understand the value of diversity in the workforce and it is our aspiration to build a gender balanced workforce.
“To this end, Cisco hosted its Global Mentorship Initiative called ”Girl Power Tech” to encourage girls and young women in more than 50 countries and 80 Cisco office to discover the opportunities opened by careers in technology,’’ he said.
Ogunlade said that the initiative was held on April 23 to commemorate the global ‘Girls in ICT Day, which was initiated by the International Telecommunication Union (ITU).
He said that the “Girls in ICT Day” initiative was in its fourth year that ITU and Cisco had been participating from the very beginning.
Ogunlade said that Cisco’s mentorship programme included office visits, meeting with Cisco female employees to discuss career opportunities and life in IT and meetings with other Girls in ICT Day participants via Cisco telepresence.
According to him, Cisco has an enduring commitment to encouraging students of all backgrounds to build careers in ICT.
“In 2014, Cisco employees spent 24,600 hours mentoring young men and women about the value of careers in technology,’’ he said.
Cisco is a multinational IT company that designs, manufactures and sells networking equipment.
Business
Association Seeks Intervention to Save Domestic Airlines
Business
CBN Reforms Impact Consumers As Dollar Card Spending Limits Rise
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
Business
WEC: FG Inaugurates Governing Board … As Nigeria Rejoins Council
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.
