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NSE hosts first-ever digital closing gong ceremony

Mr. Oscar has further expressed NSE’s commitment to providing corporates and investors, access to the market in meeting their financial and investment needs

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The Chief Executive Officer of The Nigerian Stock Exchange (“NSE” or “The Exchange”), Mr. Oscar N. Onyema OON, has further expressed NSE’s commitment to providing corporates and investors access to the market in meeting their financial and investment needs during this period and beyond. He made this known during the first-ever Digital Closing Gong ceremony hosted by The Exchange via Instagram Live on Thursday, 16 April 2020, in honour of the contributions of Sterling Bank Plc to the fight against COVID-19 in Nigeria.

Speaking to The Exchange’s efforts to sustain an open and vibrant capital market, Mr. Onyema said, “Following the activation of our Business Continuity Plan and our transition to remote working and trading, The Exchange has been resolute in its commitment to ensure that there are no disruptions to operations for any of our stakeholders. We have leveraged our existing digital assets to ensure there is continuous flow of information and activity in the market and are now looking at how we can deploy creative solutions to enhance our stakeholders’ experience during these unprecedented times.”

Mr. Onyema identified the sounding of the Closing Gong to mark the end of the trading day as a treasured tradition of The Exchange that has been impacted by the temporary closure of the trading floor and one which presents an opportunity for digital engagement. He went on to say, “It has been our pleasure to rekindle the tradition of sounding the Closing Gong albeit digitally with Sterling Bank Plc. It would be remiss of me not to thank the Mr. Abubakar Suleiman for joining us to achieve this milestone and commend him for the notable efforts Sterling Bank is making to curb the spread of COVID-19 in Nigeria and support the Nigerian economy at this time.”

In recognition of the valiant efforts of Nigerians to fight this pandemic, Mr. Onyema also thanked the government at federal and state levels, public and private sector players, health workers at the front lines and all the responsible citizens out there offering essential services and keeping our economy running at this time. He encouraged Nigerians to stay strong, stay home and continue to comply with the directives of the government and verified health organisations in keeping everyone safe.

(READ MORE: NSE publishes guidance to facilitate effective virtual meetings for stakeholders amidst Covid-19 )

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On his part, Abubakar Suleiman, Chief Executive Officer, Sterling Bank Plc, said “My appreciation goes to the NSE for leading the digital transformation of our market. These are interesting times we live in with the outbreak of Coronavirus changing the way we live and work. While we all come to terms with these new realities, I urge everyone to identify and leverage the opportunity we have been given to reset our nation and our businesses.”

Speaking to the bank’s efforts in providing succor to stakeholders at this time, Mr. Suleiman went on to say, “At Sterling, we are offering a range of solutions to help Nigerians manage through temporary or extended periods of reduced or lost income as a result of the Coronavirus outbreak. We have reduced the restructuring fees on all new and existing loans by up to 50 percent; issued an extension of the repayment of loan obligations that are due; and suspended the penal charge for late minimum repayment on customer credit cards during this period; to name a few.”

These are certainly unprecedented times and organisations have to be more creative in demonstrating resilience in the face of crisis. Since the transition to remote trading, The Exchange has maintained its trading hours on normal trading days on the X-GEN platform; supported its Dealing Member Firms with remote trading access through FIX, VPN and X-NET; provided guidelines to stakeholders on performing regulatory functions virtually through X-Issuer and X-Boss portals; engaged in capacity building exercises through webinars; and even successfully listed new investment instruments.

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BUA donates 3 Emergency COVID-19 ambulances, 100,000 facemasks to Yobe

BUA Group has donated three ambulances and 100,000 facemasks to the Yobe State Government.

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As COVID-19 cases continue to rise across Nigeria, BUA has donated three ambulances and 100,000 facemasks to the Yobe State Government as part of its social support and humanitarian commitment to combat the COVID-19 pandemic in the country.

Presenting the donations on behalf of the Chairman of BUA Group, Abdul Samad Rabiu at the Government House, Damaturu, Aliyu Idi Hong, Director of Government Relations, BUA Group commended Governor Mai Mala Buni of Yobe State for his tireless efforts in curbing the COVID-19 pandemic in the state.

L – R: Aliyu Idi Hong, Director of Government Relations, BUA Group presenting documents of 3 emergency ambulances donated by BUA as part of efforts to curb the COVID-19 pandemic to Governor Mai Mala Buni of Yobe State at the Government House, Damaturu.

According to Hong, “So far, the Chairman of BUA Group, Abdul Samad Rabiu has given more than 8 billion Naira worth of support to towards the fight against COVID-19 in Nigeria.”

“With the second wave spreading across Nigeria, we are expanding the scope of our intervention to various states and will continue to support initiatives aimed at helping to curb the spread of the virus in Nigeria,” Hong added.

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Reacting, Governor Buni thanked Abdul Samad Rabiu, Chairman/Founder BUA Group, for his humanitarian gesture to the nation especially to Yobe State noting that the “donation is coming at the right time because of the second wave of the pandemic”.

The governor reminded the Yobe people to adhere strictly to the covid-19 preventive measures by wearing facemasks, keeping social distancing and washing their hands

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Another First! Wragby becomes a Microsoft Azure Expert Managed Service Provider (MSP)

This makes Wragby the first Microsoft Partner in Nigeria and West East Central and Sub-Saharan Africa to achieve this!

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Wragby Business Solutions & Technologies Limited (Wragby) has achieved the Microsoft Azure Expert Managed Services Provider (MSP) status, maintaining high proficiency in assessing, migrating, building, deploying, optimizing, and managing business solutions on Azure. This makes Wragby the first Microsoft Partner in Nigeria and West East Central and Sub-Saharan Africa to achieve this!

“We are super proud to be awarded this designation as a Microsoft Azure Expert Managed Service Provider.  It is yet another proof to the depth of our expertise, by ensuring that our technical capabilities and processes meet and exceed the standards of the Azure Expert MSP program. We look forward to achieving more,”Oluyomi Alarape , MD/CEO Wragby

Participation in the Azure Expert MSP program is granted to partners that meet several requirements, including verified customer delivery and technical expertise tests, as well as successfully complete an independent audit of their managed services, equipment, processes, and technologies. Providers must hold Microsoft Gold Cloud Platform competency, maintain end-to-end managed support for Azure, and provide multiple customer references of Azure managed service projects delivered over the last 12 months.

The Microsoft Azure Expert Managed Service Provider program is designed to give businesses migrating to the cloud confidence that their chosen partners have demonstrated the highest degree of capability to deliver repeatable high-fidelity managed services on Azure.

According to Akin Ayodele- Chief Technology Advisor at Wragby the attainment of the Azure Expert MSP Certification Wragby has once again demonstrated in very concrete terms her commitment Towards supporting our Customers journey and experience in the use of the Microsoft Azure Intelligent Cloud Platform family to exploit solutions and Innovations to realize their digital transformation objectives.

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This recognition validates Wragby’s ability in orchestrating and integrating various services on Azure including cloud infrastructure, IoT services and application migration skills, as well as the ability to deliver value to customers by offering proactive monitoring, automation, and management of their Azure environments.

In the current ever-changing Business Landscape, Businesses need a greater level of auto-scaling to Increase Operational efficiency, be more Agile and deliver excellent customer experience through technology services. Businesses therefore need to auto-scale to meet their technology demands & save cost through Excellent but Cost-Effective Managed services.

Our Best-in-Class Digital Advisory Team has high proficiency in assessing, migrating, building, deploying, optimizing, and managing business solutions on Azure, using proven processes and tools. This is evident by our recent attainment of the Microsoft Azure Expert Managed Services Provider (MSP) status,

Meet IT demands & Save cost through our Expert Managed Services offer which includes:

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  • Integrated IT service management of workflow/automation
  • App Migration/Modernization Services
  • Infrastructure Configuration & Management
  • Business Continuity, Backup and Disaster Recovery
  • Data Protection
  • Storage and Patch management
  • Security and Identity management
  • Cloud Advisory Services…plus more

We work with various teams for efficient delivery either On-premise, Hybrid, or in a Public Cloud.

We are just a call away. Contact us at www.wragbysolutions.com

See more here,  https://www.microsoft.com/azure/partners/azureexpertmsp?filters=all

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How artificial intelligence is changing the narrative in Forex and crypto trading

Artificial Intelligence is the most efficient, simple, safe, and affordable way to invest money and trade the Forex Market.

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You have probably already heard about Artificial Intelligence (AI) and how it is helping people across various industries in many daily activities. According to JPMorgan, nowadays, 90% of trading is run by computers, algorithms, and passive managers. This means that if you want to invest, you will need equivalent trading tools to compete.

What is AI and How does it work in Forex Trading?

Artificial intelligence is a developed Powerful Automated Trading Robot (AI) that can make projections about the forecast of forex market prices and automatically trade for you in your Broker’s account. It is the most efficient, simple, safe, and affordable way to invest money and trade the Forex Market.

From research so far, fundamental and manual forex trader’s account is about 10% of Forex Trading Volume, so how do you compete against super-fast trading systems with humans or manual trading system? With the use of AI trading, anyone in the world can trade efficiently and increase the chances of achieving above-average forex returns, regardless of the level of trading experience.

The dynamics of the market have changed, and we must agree that we need machines to do many things better, especially in the field of the forex trading market. From this point of view, the providers of manual forex signals and analysis are no longer a great choice. AI is the best forex trading solution.

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Unlike humans or other technological resources, AI can make an enormous number of accurate decisions in a fraction of the time, down to milliseconds. These skills make AI an enormously powerful tool for use in forex trading.

To learn more about the use of Artificial Intelligence, click FxPrimeBolt

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