November 30, 2022

Global News

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GLO PLANS TO DEAL WITH COMPETITORS…TO REDUCE DATA PRICE BY HALF

3 min read

img_1115The purported plans of the telecoms giant Glo to ridiculously reduce the data plans across the board and put smiles on the faces of Nigerians this Yuletide is facing a lot of blockages from the regulator- the Nigeria ‘s Communications Commission and its competitors in the telecommunications industry.Glo which has rightly positioned itself as the undisputed number one telecoms company that gives the best in terms of data pricing and connectivity because of its massive investment in the area may not be able to go ahead with its planned pleasant surprise for its subscribers because of the lobbying of some of its competitors and their collaborators.Unknown to many in the country but only Telecom experts and inside sources at Glo’s head office in Lagos, the company is the only telecommunications company offering pure 4g LTE experience for subscribers in Nigeria because of what its founder and Chief Executive, Otunba Mike Adenuga Jr. has invested in the technology that powers the 4g experience. And as a matter of fact, Adenuga had planned to reward Glo’s subscribers with a Yuletide gift package aimed at putting smiles on the faces of Nigerians.But when competitors got wind of the planned unique offering to customers being planned by Glo, they quickly hatched their plans which according to another source inside NCC, they quickly approached and lobbied the Commission which is the regulator to join hands with them in making sure that Glo does not succeed in bringing down the prices of data to rock bottom as doing it would seriously lead to their subscribers migrating en masse to Glo network which has been adjudged by industry watchers and experts as the best network for data pricing and connectivity.We also gathered that Glo competitors who are seriously milking their subscribers with high data tariffs and below par services did not stop there. A reliable source at the National Assembly informed our sources how some of them came to lobby the headship of the country’s bi-camera Assembly to do everything in its power toblock Glo from cutting into their profit as their operating costs have skyrocketed because of the present harsh economic realities. Meanwhile , both Nigerian Communications Commission and the National Assembly have reportedly come up with measures to stop the telecoms giant (Glo) from its bid to give Nigerians a reason to be happy this Yuletideand beyond.It might also interest you to know that the National Assembly shelved its purported plans to give telcos the leeway and the constitutional backing to hike data plans from the 1st December 2016 due to pressures from the likes of Glo Chairman and others who reasoned that the hike in data prices would mean snuffing life out of subscribers who are already paying too much for goods and services.Even with the attacks and dirty maneuverings from other competitors of Glo in the telecommunications industryand indeed the industry regulator , we gathered that Glo is poised to reduce its data charges across the board as soon as possible because he is moved by the untold hardship Nigerians are currently going through.

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2 min read

UBA Foundation Rings in The Yuletide Season, Lights Up the Lagos Marina Africa’s Global bank, United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Tuesday, held its annual Christmas Lighting ceremony to mark the start of the festive season. The brilliant Christmas Lights of the UBA Foundation Gardens at the UBA Head Office on the Marina in Lagos, were activated by the bank’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, in a grand ceremony which was witnessed by key management staff and some customers of the bank. Alawuba, who addressed attendees at the ceremony, reiterated that the annual Lighting event is a symbol of hope for the coming year, the future and all the goodness it will bring into people’s lives. Alawuba said, “The UBA Foundation is focused on touching lives and giving back to its host communities. UBA through its foundation, the UBA Foundation desire remains is committed to improving lives in whatever way we can. We want to give back always and this event is quite symbolic as it represents the affinity we have towards our customers, employees and associates as well as our communities.” The CEO of the UBA Foundation, Mrs Bola Atta, said that the Christmas lighting ceremony was important for the Foundation adding: “Today is significant. All over the world, it is known in the advent period as Giving Tuesday. It is a time to give back to those who don’t have enough. It is a time to shine light on others, to give hope and give gifts. Today we gave out a lot of gifts and people were happy as we lit up the Foundation gardens to symbolise joy and hope. We are constantly reminded as an institution, of our promise to continue to touch lives and show kindness. In these difficult times, sharing even a little bit, goes a long way.” The lighting ceremony was attended by UBA staff members and customers who were serenaded with Christmas carols by the UBA Customer Fulfilment Centre’s choir. It ended with a guided tour around the UBA Foundation gardens on the Lagos Marina. Over the years, the UBA Foundation has been very active in creating sustainable development in its host communities and as part of its corporate social responsibility, the Foundation will be feeding tens of thousands of people across Africa during this festive season. UBA Foundation, the CSR arm of the UBA Group, is committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of Education, the Environment, Economic Empowerment and other Special Projects.

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2 min read

UBA Foundation Rings in The Yuletide Season, Lights Up the Lagos Marina Africa’s Global bank, United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Tuesday, held its annual Christmas Lighting ceremony to mark the start of the festive season. The brilliant Christmas Lights of the UBA Foundation Gardens at the UBA Head Office on the Marina in Lagos, were activated by the bank’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, in a grand ceremony which was witnessed by key management staff and some customers of the bank. Alawuba, who addressed attendees at the ceremony, reiterated that the annual Lighting event is a symbol of hope for the coming year, the future and all the goodness it will bring into people’s lives. Alawuba said, “The UBA Foundation is focused on touching lives and giving back to its host communities. UBA through its foundation, the UBA Foundation desire remains is committed to improving lives in whatever way we can. We want to give back always and this event is quite symbolic as it represents the affinity we have towards our customers, employees and associates as well as our communities.” The CEO of the UBA Foundation, Mrs Bola Atta, said that the Christmas lighting ceremony was important for the Foundation adding: “Today is significant. All over the world, it is known in the advent period as Giving Tuesday. It is a time to give back to those who don’t have enough. It is a time to shine light on others, to give hope and give gifts. Today we gave out a lot of gifts and people were happy as we lit up the Foundation gardens to symbolise joy and hope. We are constantly reminded as an institution, of our promise to continue to touch lives and show kindness. In these difficult times, sharing even a little bit, goes a long way.” The lighting ceremony was attended by UBA staff members and customers who were serenaded with Christmas carols by the UBA Customer Fulfilment Centre’s choir. It ended with a guided tour around the UBA Foundation gardens on the Lagos Marina. Over the years, the UBA Foundation has been very active in creating sustainable development in its host communities and as part of its corporate social responsibility, the Foundation will be feeding tens of thousands of people across Africa during this festive season. UBA Foundation, the CSR arm of the UBA Group, is committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of Education, the Environment, Economic Empowerment and other Special Projects.

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