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Glo enchants subscribers with techy TVCs
Globacom has rolled out three enchanting television commercials to give wings to its products and services and create buzz among its various customers and other stakeholders.
The brand new TVCs currently enjoying airplay across Nigeria celebrate the techy ‘magic’ telecom subscribers can enjoy with the power of Glo 4G.
The first to be released was the 3D animation video featuring the masked one, Lagbaja, with his trademark talking drum and velvety-voiced Yemi Alade. This TVC got a lot of tongues wagging as Nigerians, especially techy youths, were tickled by the video.
The video opens with the computer generated characters of Yemi Alade and Lagbaja waltzing to Afrocalypso music popularized by him. They move to the lyrics powered by Yemi Alade who hit unimaginable music notes, complemented by the talking drums, while Lagbaja’s guttural voice acts as chorus. “Awesome, awesome.. mo so fun e… I need you, and you need me… awesome…ebube… awesome… e-bu-be-!..” they sing in the TVC.
Two commercials, dubbed “Emoji” and “Smart Home”, which equally demonstrate the effectiveness, dynamism and power of contemporary technology, aided by the social media, were thereafter rolled out by Globacom. The Emoji commercial conveys the various emotions of netizens whilst responding to issues and begins with the protagonist, a female, receiving a notification on her smartphone that “the party is banging”. The notification galvanizes her into action as she jumps on a motorbike, excited to join the fun.
As a result of this, the business man she was discussing with before receiving the notification is agitated and shouts “Na wa o!” in frustration as he repeatedly hits his knee on literally getting a red card through a bad telecommunication experience. The clip morphs into a football field where a player angrily storms out of the field, kicking off one of her boots in the process. Meanwhile, subscribers to Globacom are exchanging hi-fives while having a ball on the network.
The commercial also highlights one of the common hustles youths engage in which is juice and smoothie-making. A fruit seller receives a call on a Glo line detailing the order of a client. She then communicates this to a delivery van which promptly delivers the consignment.
An unsatisfied customer, a lady, breaks into tears as her videos are not downloading. She sends all her drinks flying with a kick. She later takes a bike to join the Globacom party where netizens are having a ball, dancing and taking selfies.
In “Smart Home” TVC, Globacom demonstrates some of the possibilities in today’s tech-enabled world where household chores like switching the light on and off, turning on the tap and opening doors are done through remote control.
Nollywood stars, Sola Sobowale and Mama G (Patience Ozokwor) attend an “end-of-the-year party” organized by Mama Gee’s daughter. At the party, Sobowale follows her daughter to the rest room and is taken aback when the door opens on its own accord. She looks behind the door for who or what opened the door.
Continuing her search, Sobowale goes to the living room where she relaxes on the settee and is even admiring Mama G’s picture in a photo frame she picked up when the fan and light bulbs were turned on by Mama G and her daughter who were monitoring her movement on their smartphone from outside unknown to Sobowale while the rest of the party looked on.
The same thing happens at the rest room when Mama G and her daughter turn on the tap in the wash-hand basin remotely to startle Sobowale and her daughter who bolts out of the house, hollering “there is something opening the door, switching the lights!” Mama G then retorts, “nothing to worry about” and Odunlade rounds it off with “Na Glo 4G dey run things”.
Sobowale later has her revenge when she scares Mama G and her daughter as they pass by her car which suddenly start beeping in panic mode, with Sobowale dangling the remote control with a victory smile on her face.
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National Credit Guarantee Company Limited: Powering Inclusive Growth Through Risk-Sharing Guarantees
The National Credit Guarantee Company Limited (“NCGC” or the “Company”) is set to commence operations on 01 July 2025, as a specialised financial institution established to unlock access to credit and drive inclusive economic growth across Nigeria’s real economy. With an initial capital commitment of ₦100 billion, recently announced by President Bola Ahmed Tinubu, the NCGC is positioned to reshape how Micro, Small and Medium Enterprises (MSMEs), manufacturers, and strategic sectors access much-needed financing.
For decades, Nigerian businesses especially micro, small and medium scale enterprises have faced significant challenges accessing loans due to collateral barriers and high-risk perception. NCGC is bridging that gap. By providing partial credit coverage, the company will offer banks and other financial institutions a safety net, allowing them to lend more confidently to eligible borrowers, particularly in underserved and high-growth sectors.
NCGC does not lend directly to businesses. Instead, it partners with Participating Financial Institutions (PFIs) including commercial banks, microfinance banks, fintechs, CBN-licensed institutions and other development financial institutions to share lending risk and support broader financial inclusion. The model is simple but powerful: enable lenders to do more by reducing the risk that prevents them from reaching viable, underfunded borrowers.
Key Beneficiaries
NCGC’s framework targets a wide range of beneficiaries:
· MSMEs across all regions
· Local manufacturers and value chain operators
· Credit consumers
· Youth and women-led enterprises
· Export-oriented and non-interest-based businesses
· Large enterprises within priority sectors
Our Core Services
NCGC offers three primary services:
· Partial Credit Guarantees – Covering up to 60% of outstanding principal on qualifying loans.
· Co-Guarantees – Collaborating with other institutions to jointly share lending risk.
· Technical Assistance – Providing capacity-building support for lenders and borrowers to enhance credit readiness and portfolio quality.
Guiding Principles
The company’s operations are underpinned by globally accepted credit risk-sharing principles:
· Risk-sharing, not risk transfer
· Strategic issuance to preserve borrower discipline
· Tiered eligibility to promote inclusion and developmental impact
· Full alignment with CBN regulations
These principles ensure every guarantee issued is responsible, irrevocable, and impact-driven.
Product Suite
NCGC offers a diverse set of guarantee products:
· Individual Guarantees – For high-value, project-specific loans.
· Portfolio Guarantees – For pool of loans in homogeneous sectors (e.g., agro-processing, creative economy).
· Performance Bond Guarantees – For businesses seeking to meet contract-based obligations.
Sectoral Coverage
Our guarantees are available across critical sectors including:
· Agriculture & Agribusiness – From inputs to processing and logistics.
· Renewable Energy & Green Economy – Including solar, clean tech, and mini-grids.
· Manufacturing & Infrastructure – Targeting value-added production and light industry.
· Digital & Tech Enterprises – Including startups, fintechs, SaaS, and logistics tech.
· Solid Minerals and Metal – Metal fabrication, recycling, beneficiation, coating, etc.
· Textile – Fashion, leather works, jewelry
· Export-Oriented SMEs – Especially in non-oil sectors.
· Women & Youth Enterprises – Including all women-owned businesses (promoter age not more than age 65).
· Islamic Enterprises (coming soon) – Non-interest, Shariah-compliant financing models.
A New Era of Credit Confidence
NCGC is more than just a financial institution; it is a catalyst for Nigeria’s economic transformation. By incentivizing lenders to serve more businesses safely and sustainably, NCGC is enabling job creation, driving productivity, and fostering a more self-reliant economy.
Its operational model is built to:
· Unlock access to finance for real sector growth
· Create jobs and alleviate poverty
· Drive inclusive economic outcomes
· Strengthen the MSME ecosystem
· Build trust and scale in Nigeria’s credit markets
Left: Founder, Chief Responsibility Officer, Ruff ‘n’ Tumble/ Founder, Betti-O School of Fashion, Adenike Ogunlesi; Managing Director/Regional Executive, Ecobank Nigeria, Bolaji Lawal and Lagos State First Lady, Her Excellency, Dr. Ibijoke Sanwo-Olu at the ongoing Adire Lagos Exhibition Fair holding at Ecobank Pan African Centre, Lagos
Ecobank Nigeria has officially launched the much-anticipated fourth edition of its Adire Lagos Exhibition Fair, a vibrant cultural and commercial event dedicated to promoting Nigeria’s indigenous fashion industry and supporting Small and Medium Enterprises (SMEs). The four-day fair runs from June 5 to 8, 2025, at the Ecobank Pan African Centre, 270B1 Ozumba Mbadiwe Avenue, Victoria Island, Lagos. Visitors are welcomed daily from 10:00 AM.
Over 130 vendors are showcasing a diverse range of Adire designs, fashion items, and lifestyle products. The fair attracts a wide audience, including fashion enthusiasts, cultural professionals, creatives, entrepreneurs, and shoppers from across Nigeria and beyond.
Notable dignitaries who have so far graced the fair include the Lagos State Commissioner for Tourism, Arts and Culture, Mrs. Toke Benson-Awoyinka, who represented the Lagos State Governor, Babajide Sanwo-Olu; Lagos State First Lady, Her Excellency Dr. Ibijoke Sanwo-Olu; the wife of the former Ekiti State Governor,Erelu Bisi Fayemi ; Ogun State Commissioner for Women Affairs and Social Development, Mrs. Adijat Motunrayo Adeleye-Oladapo; former Chairman of Ecobank Transnational Incorporated, Emmanuel Ikazoboh; founding President of the FinTech Association of Nigeria (FANI), Dr. Segun Aina; and the owner of Nike Art Gallery, Nike Davies-Okundaye, among others.
Omoboye Odu, Head of Small and Medium Enterprises at Ecobank Nigeria, expressed delight at the strong turnout, stating, “This year’s exhibition promises a dynamic blend of established brands and emerging designers who embody innovation, cultural pride, and export potential.” She further emphasized the fair’s role as a major Corporate Social Responsibility (CSR) initiative by Ecobank.
“The Adire Lagos Exhibition Fair is a key CSR initiative, offering SMEs a platform to showcase their products free of charge while fostering economic growth and national unity. Last year’s event attracted over 20,000 visitors in four days, with one vendor making N30 million in sales—equivalent to six months’ revenue—demonstrating the fair’s strong commercial potential.”
Exhibitors also praised the growing appeal of Adire designs. Ms. Fadilat Lawal, Managing Director of Sanyaolu Trading Stores, Abeokuta, highlighted the durability and cultural symbolism of Abeokuta Adire. Ms. Cynthia Uma, Creative Director of Cecesignature Unisex Clothing, Lagos, emphasized Adire’s growing global recognition as a revenue driver for her business.
The Adire Lagos Exhibition Fair continues to serve as a premier platform for celebrating Nigeria’s cultural heritage while empowering local artisans and entrepreneurs to thrive.
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3.214 billion shares : Continuation From Print Nigerian stock market sees significant dip in transactions
Stock market investors traded 3.214 billion shares worth N76.348 billion in 64,156 transactions on the floor of the Exchange during the week.
This is compared to 3.794 billion shares valued at N119.394 billion that exchanged hands last week in 89,636 deals.
Consequently, the value of transactions traded by investors on the Exchange dropped by 56.4 per cent.
Meanwhile, market opened for four trading days during the week as the Federal Government declared Friday, June 6 and Monday, June 9, as public holidays to commemorate 2025 Eid-el-Kabir celebration.
The Financial Services led the activity chart with 2.313 billion shares valued at N52.241 billion traded in 27,326 deals.
This contributed 71.96 per cent and 68.43 per cent to the total equity turnover volume and value respectively.
The ICT industry followed with 301.996 million shares worth N5.026 billion in 4,137 deals.
The third place was the Consumer Goods Industry, with a turnover of 144.538 million shares worth N5.632 billion in 8,093 deals.
Trading in the top three equities namely Fidelity Bank Plc, Legend Internet Plc and Guaranty Trust Holding Company Plc accounted for 1.545 billion shares worth N34.446 billion in 4,939 deals.
This contributed 48.06 per cent and 45.12 per cent to the total equity turnover volume and value respectively.
The NGX All-Share Index and Market Capitalisation appreciated by 2.57 per cent to close the week at 114,616.75 and N72.275 trillion respectively.
Similarly, all other indices finished higher with the exception of NGX ASeM Index which closed flat.
Fifty-three equities appreciated in price during the week, lower than 56 equities in the previous week.
Forty-three equities depreciated in price, lower than 44 in the previous week, while 52 equities remained unchanged, higher than 48 recorded in the previous week.
The top five decliners for the week are: Associated Bus Company, Julius Berger, Legend Internet, Livestock Feeds and E-Tranzact International as they lost 55k, N18.50, 82k, N1.15 and 80k respectively.
Oando Plc, Lasaco Assurance Plc, Multiverse Mining, Cornerstone Insurance and First Holdco were the top five gainers for the week, as they grew in 25.77 per cent, 21.62 per cent, 20.39 per cent, 19.51 per cent and 17.60 per cent respectively.
The companies gained N11.65, 56k, N1.55, 64k and N4.40 respectively.
The May 2025 Issue of the Federal Government of Nigeria,Savings Bonds were listed on the Nigerian Exchange Ltd on Thursday
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