NGN

The legal rule that means even Hugh Grant can’t afford to take his case to trial

Retrieved on: 
Thursday, April 18, 2024

As actor Hugh Grant’s decision to settle his privacy claim against News Group Newspapers (NGN) shows, sometimes principles just cost too much.

Key Points: 
  • As actor Hugh Grant’s decision to settle his privacy claim against News Group Newspapers (NGN) shows, sometimes principles just cost too much.
  • Grant announced he had reluctantly accepted an “enormous sum of money” to settle his claim against the Murdoch-owned NGN, the publisher of The Sun.
  • He has accused the publisher of “phone hacking, unlawful information gathering” and “landline tapping” among other allegations, which they have denied.
  • If he took the case to trial, he risked being ordered to pay NGN’s legal costs, which his lawyers advised could exceed £10 million.

What is a trial worth?

  • They avoid the costs, stress and delay of a trial, and the court service is better able to cope with the high volume of other cases in the system.
  • It is clear from Grant’s statements that his motivation was to hold NGN to account for unlawful information gathering.

Holding companies to account

  • There is arguably a balance to be struck between the individualistic view of this case as just an issue between one person and a media company, and the wider public interest angle: that it should be possible to use the court system to hold big companies to account.
  • There has always been an element of bigger companies using their deep pockets in litigation, but this rule adds another layer of protection for those that can afford to make a generous offer.


Megan Shirley does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

IHS Holding Limited Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 12, 2024

Revenue for our Nigeria segment decreased by $34.6 million, or 9.7%, to $320.7 million for the fourth quarter of 2023, compared to $355.3 million for the fourth quarter of 2022.

Key Points: 
  • Revenue for our Nigeria segment decreased by $34.6 million, or 9.7%, to $320.7 million for the fourth quarter of 2023, compared to $355.3 million for the fourth quarter of 2022.
  • Revenue for our Latam segment increased by $10.4 million, or 23.8%, to $54.3 million for the fourth quarter of 2023, compared to $43.9 million for the fourth quarter of 2022.
  • During the fourth quarter of 2023, capital expenditure (“Total Capex”) was $130.6 million, compared to $195.6 million for the fourth quarter of 2022.
  • The loan is guaranteed by IHS Netherlands Holdco B.V., IHS Netherlands NG1 B.V., IHS Towers NG Limited, IHS Netherlands NG2 B.V., Nigeria Tower Interco B.V., INT Towers Limited and IHS Nigeria.

Blueprint Prep Expands Into Nursing Test Prep Market with Launch of NCLEX Reviews

Retrieved on: 
Thursday, March 7, 2024

LOS ANGELES, March 7, 2024 /PRNewswire/ -- Blueprint Prep, a leader in test preparation and education technology, announced its expansion into the nursing test prep market with the launch of comprehensive NCLEX-RN review products.

Key Points: 
  • LOS ANGELES, March 7, 2024 /PRNewswire/ -- Blueprint Prep, a leader in test preparation and education technology, announced its expansion into the nursing test prep market with the launch of comprehensive NCLEX-RN review products.
  • With this growing need in mind, Blueprint launched a live study group course and self-paced course for the NCLEX curated by Blueprint's Chief Nursing Officer and founder of SMNP Reviews, Sarah Michelle.
  • Sarah Michelle shares, "It's a natural progression to bring the same innovation that made Blueprint a frontrunner in test prep to the NCLEX market.
  • For more information on Blueprint's NCLEX review courses and to begin your nursing test prep journey, please visit https://blueprintprep.com/nursing

CENTA brings International Teaching Professionals’ Olympiad to Nigeria

Retrieved on: 
Saturday, February 17, 2024

Centre for Teacher Accreditation, CENTA, the world’s largest platform for teachers, is proud to bring the CENTA International Teaching Professionals’ Olympiad (International TPO) to Nigeria.

Key Points: 
  • Centre for Teacher Accreditation, CENTA, the world’s largest platform for teachers, is proud to bring the CENTA International Teaching Professionals’ Olympiad (International TPO) to Nigeria.
  • To encourage teachers from Nigeria to invest in their own learning and professional growth, CENTA has announced additional Cash Prizes worth NGN 1,440,000 for the Nigeria-CENTA International TPO, the national prelims scheduled to be held online on Saturday, March 23, 2024.
  • The finals of International TPO will be held in April 2024 and award Cash Prizes and Scholarships worth NGN 36,460,000.
  • Ramya Venkataraman, Founder and CEO, CENTA says, “Bringing the CENTA International Teaching Professionals’ Olympiad to Nigeria is about enabling high growth career trajectory for great teachers through local and global career opportunities, financial rewards, and recognition.

AM Best Affirms Credit Ratings of Continental Reinsurance Plc

Retrieved on: 
Thursday, December 7, 2023

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Continental Reinsurance Plc (CRe) (Nigeria).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Continental Reinsurance Plc (CRe) (Nigeria).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Huawei Network Summit 2023 (Latin America): High-Quality Connectivity Contributes to Win-Win Benefits in Commercial Markets

Retrieved on: 
Monday, August 28, 2023

CANCUN, Mexico, Aug. 28, 2023 /PRNewswire/ -- At the Latin America stop of Huawei Network Summit (HNS) 2023, two events related to commercial markets took center stage: a "Connectivity Upgrade, Business Win-Win" keynote and a "Build High-Quality Connections to Achieve Business Win-Win" session.

Key Points: 
  • CANCUN, Mexico, Aug. 28, 2023 /PRNewswire/ -- At the Latin America stop of Huawei Network Summit (HNS) 2023, two events related to commercial markets took center stage: a "Connectivity Upgrade, Business Win-Win" keynote and a "Build High-Quality Connections to Achieve Business Win-Win" session.
  • Huawei Datacom invests strategically in product R&D for commercial markets by building on its years of experience in enterprise business and leadership in infrastructure innovation.
  • At HNS, Saul Arjona Bueno, CTO of Huawei's Latin America Enterprise Network Solutions, unveiled future-proof network solutions for five scenarios in the Latin America commercial markets.
  • High-quality primary and secondary school network solution: With its simplified network architecture, this solution enables fiber-to-the-room and facilitates network evolution over the next 5 to 10 years.

Huawei Network Summit 2023 (Latin America): High-Quality Connectivity Contributes to Win-Win Benefits in Commercial Markets

Retrieved on: 
Monday, August 28, 2023

CANCUN, Mexico, Aug. 28, 2023 /PRNewswire/ -- At the Latin America stop of Huawei Network Summit (HNS) 2023, two events related to commercial markets took center stage: a "Connectivity Upgrade, Business Win-Win" keynote and a "Build High-Quality Connections to Achieve Business Win-Win" session.

Key Points: 
  • CANCUN, Mexico, Aug. 28, 2023 /PRNewswire/ -- At the Latin America stop of Huawei Network Summit (HNS) 2023, two events related to commercial markets took center stage: a "Connectivity Upgrade, Business Win-Win" keynote and a "Build High-Quality Connections to Achieve Business Win-Win" session.
  • Huawei Datacom invests strategically in product R&D for commercial markets by building on its years of experience in enterprise business and leadership in infrastructure innovation.
  • At HNS, Saul Arjona Bueno, CTO of Huawei's Latin America Enterprise Network Solutions, unveiled future-proof network solutions for five scenarios in the Latin America commercial markets.
  • High-quality primary and secondary school network solution: With its simplified network architecture, this solution enables fiber-to-the-room and facilitates network evolution over the next 5 to 10 years.

IHS Holding Limited Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 15, 2023

Revenue for our Nigeria segment increased by $43.5 million, or 13.5%, to $364.6 million for the second quarter of 2023, compared to $321.1 million for the second quarter of 2022.

Key Points: 
  • Revenue for our Nigeria segment increased by $43.5 million, or 13.5%, to $364.6 million for the second quarter of 2023, compared to $321.1 million for the second quarter of 2022.
  • Revenue for our SSA segment increased by $28.5 million, or 30.0%, to $123.4 million for the second quarter of 2023, compared to $94.9 million for the second quarter of 2022.
  • Revenue for our Latam segment increased by $5.6 million, or 13.0%, to $48.3 million for the second quarter of 2023, compared to $42.8 million for the second quarter of 2022.
  • During the second quarter of 2023, capital expenditure (“Total Capex”) was $207.0 million compared to $146.8 million for the second quarter of 2022.

NCSBN Announces First Quarter Passing Rates for Next Generation NCLEX® (NGN) Examination

Retrieved on: 
Thursday, August 3, 2023

Exam passing rates for April 1 – June 30, 2023, can be found here .

Key Points: 
  • Exam passing rates for April 1 – June 30, 2023, can be found here .
  • NCSBN CEO David Benton RGN, PhD, FRCN, FAAN, comments, “We are very pleased that the launch of NGN was seamless for candidates.
  • The increase in those who passed the exam is a reflection of how well the enhanced test mirrors actual nursing practice.
  • The results from the first quarter show that our collaboration was successful.”

Team Telecom Armenia announces IPO in Armenia with Ameriabank as the sole arranger

Retrieved on: 
Thursday, June 22, 2023

YEREVAN, Armenia, June 22, 2023 /PRNewswire/ -- Team Telecom Armenia, one of the largest telecommunication companies in Armenia, launched Initial Public Offering (IPO) with Ameriabank acting as the sole arranger for the process.

Key Points: 
  • YEREVAN, Armenia, June 22, 2023 /PRNewswire/ -- Team Telecom Armenia, one of the largest telecommunication companies in Armenia, launched Initial Public Offering (IPO) with Ameriabank acting as the sole arranger for the process.
  • Together, we will shape the future of Armenia's telecommunications sector," commented Hayk Yesayan, CEO of Team Telecom Armenia.
  • Artak Hanesyan, CEO at Ameriabank, commented; "We are delighted to partner with Team Telecom Armenia and bring our expertise and network to ensure smooth execution of the company's IPO.
  • The announced IPO is another milestone in the development of Team Telecom Armenia, following the $45 million financing program launched in May 2022.