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Maryland sues maker of Gore-Tex over pollution from toxic 'forever chemicals'Today, the Nigerian Exchange Group (NGX) stands as a hub for over 160 listed companies, with a total market capitalization of N58.91 trillion as of November 2024. Among these, only a select few surpass the $1 billion valuation milestone, showcasing the strength and resilience of Nigeria’s top-performing firms. Leading the market are giants like Airtel Africa, Dangote Cement, and BUA Foods, collectively valued at over N20 trillion, which represents nearly 40% of the NGX’s total market capitalization. Related Stories Nigeria’s Anthony Chiejina and others featured in ‘2024 world most influential communications executives’ Dangote Wins ECOWAS’ Manufacturing Brand of the Year Award Behind these billion-dollar companies are directors of marketing and communications. These leaders play a vital role in driving revenue growth, fostering industry partnerships, and ensuring their brands thrive in competitive and volatile markets. Their innovative strategies and ability to manage crises effectively have positioned their companies for sustained success while building trust among stakeholders. This article highlights 10 marketing and communications leaders who lead the expert teams reshaping Nigeria’s corporate landscape. From managing brand narratives to leveraging data-driven strategies, they have become the driving force behind some of the country’s most valuable and influential companies. Tolu Alero Ladipo- Group Head of Marketing/Corporate Comms UBA Market cap-N1.1 trillion Tolu Alero Ladipo is a seasoned marketing professional with extensive experience in corporate communications, marketing strategy, and customer experience. She is currently the Group Head of Marketing and Corporate Communications at UBA Group, a role she has held since April 2023. Prior to UBA, she was the Executive Head of Marketing and Customer Experience at Old Mutual Nigeria, where she led marketing efforts from August 2018 to July 2023. Tolu has also worked in senior marketing roles at United Bank for Africa (UBA) and Smile Communications Nigeria, building brand strategies and executing impactful campaigns. Tolu holds a Master of Laws (LLM) in International Trade from the University of Essex (2001-2002), a Bachelor of Law (BL) from The Nigerian Law School (2004-2005), and a Bachelor of Laws (LLB) from the University of Northumbria, Newcastle (1998-2001). Her expertise spans strategic marketing, advertising, and customer relationship management. As of November 22, 2024, UBA’s market capitalization reached N1.1 trillion, fueled by strong Q3 2024 performance. Interest income, which accounted for 77% of gross earnings, saw notable growth. Despite a 19% decline in Q3, interest income from loans and advances contributed 40.4% of total interest income for the quarter and 37% for the nine-month period. Oyinade Adegite (Ogunade)- Chief Communications GTCO Market cap: N1.6 trillion Oyinade Adegite (Ogunade) is the Chief Communication Officer at GTCO Plc, a role she has held since July 2021. She is responsible for developing and implementing the brand and communication strategy for one of Africa’s largest financial services groups. With over 20 years of experience in banking, strategy, and communication, she is widely recognized as a leading growth strategist in the finance sector. From 2012 to 2022, Oyinade served as Head of Corporate Communication at GTBank, where she spearheaded marketing initiatives that drove significant revenue growth and customer acquisition across multiple African markets. Between 2009 and 2011, she worked at Stanbic IBTC as Global Markets Head, specializing in interest rate sales and structuring. Earlier in her career, she gained experience in treasury and upstream energy roles at GTBank between 2003 and 2006. Oyinade holds a Master’s degree in Finance and Management from Cranfield University (2006–2007) and a Bachelor’s degree from the University of Lagos (1997–2000). She is passionate about leveraging strategic communication to enhance corporate reputation, foster trust, and deliver meaningful impact. GT Holding ranks ninth with a valuation of N1.60 trillion, representing 2.5% of the total equity market. The company’s stock saw a 7% price appreciation. Olarewaju Daramola-General Manager, Commercial Aradel Holdings Market cap- N2.2trillion Olarewaju Daramola is a seasoned professional with over 31 years of experience in the oil and gas industry, holding senior roles across Nigeria, Australia, and the Netherlands. His expertise spans commercial operations, government relations, opportunity maturation, contracts and agreements, acquisitions, and divestment deals. He joined Aradel Holdings in September 2021, bringing his vast knowledge and leadership to drive the company’s commercial strategy and operational excellence. Daramola holds a First-Class Bachelor’s degree in Computer Engineering from Obafemi Awolowo University, a Master’s degree in Computer Science from the University of Lagos, and an MBA from Rushmore University. Prior to Aradel, he served as Gas Planning and Optimisation Manager for Shell Nigeria, where he played a pivotal role in the development and implementation of the country’s gas strategy, business planning, and gas advocacy. He also served as Non-Operated Venture Manager, overseeing governance, marginal fields management, divestment transactions, and commercial agreements, solidifying his reputation as a transformational leader in the industry. Oyindamola Fashogbon- Head Brand Marketing/Corp Comms Transcorp Power Market Cap – N2.69 trillion Oyindamola Fashogbon is a distinguished marketing and communications professional, recognized as one of the Top 35 Under 35 Marketing and Communication Professionals. With over six years of experience spanning corporate communications, integrated marketing, and brand management, she has made significant contributions across industries, including technology, energy, and aviation. Before joining Transcorp Power in August 2024, Oyindamola worked at Quidax, Cavista Holdings, and Dataleum, contributing significantly to the success of brands like Airtel, Nokia, and Nestlé. Her extensive background also includes roles at Green Africa and Noah’s Ark Communications, where she developed and executed impactful marketing campaigns. Oyindamola holds a Postgraduate Degree in Business Administration from the National Open University of Nigeria, an Award in Applied Marketing from the Chartered Institute of Marketing (with distinction), and certifications in Brand Management and Data Science. She also has a Higher National Diploma in Estate Management from YABATECH. Transcorp Power, listed in 2023, represents 4% of the market capitalization with a stock price of N359, although it experienced a 19% decline in share price during the quarter. Yvonne Afe- Director External Affairs & Social performance Seplat Energy Market Cap– N3.3 trillion Yvonne Afe has over 24 years of extensive experience in marketing and communications across various industries, including telecommunications, FMCG, and financial services. She joined Seplat Energy in May 2023 as Director of External Affairs, where she is responsible for managing Seplat’s global reputation, external relations, and corporate social responsibility initiatives. Prior to Seplat, Yvonne held senior roles at Access Bank, where she served as Head of Marketing Communications from May 2022 to June 2023 and Group Head of Retail Marketing & Analytics from April 2019 to May 2022. Yvonne’s earlier experience includes serving as Head of Corporate Communications at Diamond Bank, Marketing Manager at MultiChoice, and Brand Manager at Cadbury Nigeria. She also worked as Senior Manager for Brand Assets and Activations at Airtel Nigeria and Senior Brand Manager at Coca-Cola Nigeria, where she developed and executed various brand strategies and consumer promotions. Afe holds a Master of Business Administration (MBA) from the Imperial College Business School and a Diploma in Direct Marketing from The Institute of Direct and Digital Marketing. She has a Bachelor of Education (B.Ed.) in English/Language Arts Teacher Education from the University of Port Harcourt (1992–1996). Seplat Energy, with a market capitalization of N3.3 trillion , is a major player in Nigeria’s oil and gas sector. Its recent $1.28 billion acquisition of ExxonMobil’s Nigerian assets strengthened its market position, with its share price surging 146.75% year-to-date, reflecting strong investor confidence. Onyinye Ikenna-Emeka- Chief Marketing Officer MTN Nigeria Market cap –N3.6 trillion With over 23 years of experience spanning telecommunications, logistics, and education, Onyinye Ikenna-Emeka is a business leader renowned for crafting innovative strategies, expanding markets, and fostering talent development. Her academic journey reflects a commitment to excellence, with an MBA in General Management from Alliance Manchester Business School (2008-2010) and a BSc in Geology from the University of Calabar (1994-1997). She has further honed her expertise through executive programs at Columbia Business School (Business to Business Marketing, 2014) and Harvard Business School (Strategic Negotiations, 2012). At MTN, Onyinye has made a significant impact by developing profitable business models for enterprise and digital initiatives, serving SMEs, large organizations, and multinationals. As General Manager, Enterprise Sales, she led nationwide efforts, achieving consistent year-on-year growth and driving market expansion. Her ability to oversee go-to-market models has nurtured emerging products into mature, revenue-generating engines. Onyinye Ikenna-Emeka is an accomplished international speaker on leadership, commercial strategies, and technology. She serves as guest faculty at Tekedia Institute and PearlMutual Academy, co-founded theOIEhub, and is a John Maxwell-certified leader. Additionally, she is on the boards of two Nigerian startups, a member of the Forbes Business Development Council, and a doctoral student at Cranfield University, UK. MTN Nigeria, with a market capitalization of $2.19 billion (N3.67 trillion), represents 6.21% of the equity market. Despite a $462.81 million (N713.63 billion) pre-tax loss due to naira devaluation, it generated $1.53 billion (N2.37 trillion) in service revenue in the first nine months of 2024, demonstrating strong resilience. Adewunmi Desalu – Group Head of Corporate Communications, BUA Foods Plc Market Cap – N7.10 trillion Adewunmi Desalu is a dynamic marketing and communications leader with over two decades of experience spanning the food production, financial services, luxury retail, and advertising industries. Currently serving as the Group Head of Corporate Communications at BUA Foods Plc, she oversees strategic initiatives that enhance brand visibility, reputation management, and stakeholder engagement for one of Nigeria’s leading food companies. Adewunmi’s career began with a foundation in public health, earning a Bachelor’s degree from Babcock University, where she served as President of the Department of Health Sciences and an advisor to the Student Association Executives. Her transition into marketing and communications saw her excel in the financial sector, where she contributed to innovative communication strategies and rebranding initiatives at Guaranty Trust Bank and Wema Bank, setting industry standards in customer engagement. At BUA Foods Plc, Adewunmi plays a core role in driving the company’s growth, ensuring it maintains its position as a market leader. Notably, BUA Foods is has a market capitalization of N7.10 trillion, representing approximately 13% of the market. Emeka Oparah-VP Corporate Communications & CSR at Airtel Africa Market Cap – N8.10 trillion With over 25 years of distinguished experience, Emeka Oparah is a crisis communication expert, rebranding veteran, and leadership transition strategist. As Vice President, Corporate Communications & CSR at Airtel Africa, he oversees media relations, government affairs, and impactful social investment initiatives. Emeka is renowned for his expertise in navigating complex transitions, having successfully managed seven leadership changes and six brand transformations at Airtel Nigeria, guiding the company through seamless rebranding phases from Econet Wireless to its current identity. His career spans journalism, advertising, public relations, and corporate social responsibility, with key roles in organizations like Cadbury Nigeria. Emeka holds a BA (Hons.) in Mass Communications from the University of Nigeria, Nsukka, where he graduated top of his class, and a Postgraduate Diploma in International Public Relations. A member of professional bodies such as NIPR, IPRA, and APCON, he has honed his skills through global leadership and communications programs. Currently, Emeka collaborates with teams across Airtel Africa’s 14 markets, championing digital inclusion and educational access for underprivileged children. His passion for storytelling, sustainability, and strategic communication continues to position Airtel as a transformative force in Africa. Airtel Africa overtook MTN Nigeria in Q3 2024 to become Nigeria’s second most valuable company, with a market capitalization of N8.10 trillion. Anthony Chiejina- Group Chief Branding and Communications Officer Dangote Group Market Cap – N8.15 trillion Anthony Chiejina is an accomplished communications professional with a rich academic and career background. He earned a B.Sc (Hons) in Mass Communication from the University of Lagos in 1981, graduating with Second Class Upper honors. He furthered his education with an M.Sc in Industrial Relations & Personnel Management from the same university in 1984, followed by an M.A. in Organizational Analysis & Behaviour from the University of Lancaster, UK, in 1988, and an M.A. in Development Studies from the Institute of Social Studies (ISS) in The Hague, Netherlands, in 1994. Chiejina’s career spans journalism and corporate communications. He held editorial roles as Associate Editor and Deputy Editor at African Economic Digest in London and African Concord in Lagos before transitioning to banking. He served as Assistant General Manager at Zenith Bank Plc and Deputy General Manager at Oceanic Bank International Plc, where he led corporate communications. Currently, as Group Chief Branding and Communications Officer at Dangote Industries Limited, he drives strategic communication across the Group’s Pan-African operations. A Salzburg Fellow, Chiejina has received prestigious scholarships and academic honors. He is also a Fellow of the Oxford University Centre of Corporate Reputation and an active member of several professional organizations, including ASPN and the IoD. As of October 31, 2024, Dangote Cement is Nigeria’s second most valuable company, with a market capitalization of N8.15 trillion. Note: The personalities featured in this compilation have been carefully selected by a distinguished panel of editors, experts, and analysts at Nairametrics. It is important to note that none of the individuals listed have solicited their inclusion. While this list aims to be comprehensive, it is by no means exhaustive; numerous other contributors have played significant roles in advancing the marketing and communications sector in Nigeria. This compilation is exclusive to Nairametrics and may be updated periodically to reflect changes and advancements in the field. Feedback will be appreciated.SAN FRANCISCO — The parents of a on the company’s business practices are questioning the circumstances of their son’s death last month. In an interview this week, Suchir Balaji’s mother and father expressed confusion and shock over his sudden passing, expressing doubt their son could have died by suicide, as determined by the county medical examiner. The family hired an expert to perform an independent autopsy but has yet to release the report’s findings. “We’re demanding a thorough investigation — that’s our call,” said Balaji’s mother, Poornima Ramarao. San Francisco police found Balaji dead in his Lower Haight apartment on Nov. 26, less than a week after his 26th birthday. The San Francisco Medical Examiner’s Office later told this news agency his death was ruled a suicide, though a final autopsy report has yet to be released while the office completes toxicology tests. Earlier this month, San Francisco police officials said there is “currently, no evidence of foul play.” Balaji’s death sent shockwaves throughout Silicon Valley and the artificial intelligence industry. He garnered a national spotlight in late October when he accused his former employer, OpenAI, of breaking federal copyright law by siphoning data from across the internet to train its blockbuster chatbot, ChatGPT. His concerns backed up allegations aired in recent years by authors, screenwriters and computer programmers who say OpenAI stole their content without permission, in violation of U.S. “fair use” laws governing how people can use previously published work. Media companies have been among those to sue the company, including The Mercury News and seven of its affiliated newspapers, and, separately, The New York Times. In an interview with The New York Times published in October 2024, Balaji described his decision to leave the generative artificial intelligence company in August while suggesting that its data collection practices are “not a sustainable model for the internet ecosystem as a whole. “If you believe what I believe, you have to just leave the company,” he told the newspaper. By Nov. 18, Balaji had been named in court filings as someone who had “unique and relevant documents” that would support the case against OpenAI. He was among at least 12 people — many of them past or present OpenAI employees — to be named by the newspaper in court filings as having material helpful to their case. His death a week later has left Balaji’s parents reeling. In an interview at their Alameda County home this week, his mother said her only child “was an amazing human being, from childhood.” “No one believes that he could do that,” Ramarao said about his taking his own life. OpenAI did not immediately respond to a request for comment but in a statement to Business Insider said it was “devastated” to learn of Balaji’s death and said they had been in touch with his parents “to offer our full support during this difficult time.” “Our priority is to continue to do everything we can to assist them,” the company’s statement read. “We first became aware of his concerns when The New York Times published his comments and we have no record of any further interaction with him. “We respect his, and others’, right to share views freely,” the statement added. “Our hearts go out to Suchir’s loved ones, and we extend our deepest condolences to all who are mourning his loss.” Born in Florida and raised in the Bay Area, Balaji was a prodigy from an early age, his mother told this news agency. He spoke her name at 3 months old; at 18-months he would ask “me to light a lamp to cheer me up” and could recognize words at 20 months, she said. Balaji appeared to have a knack for technology, math and computing, taking home trophies and earning renown, including in the 2016 United States of America Computing Olympiad. In 2020, he went to work for OpenAI — viewing the company’s then-commitment to operating as a nonprofit as admirable, his mother said. His opinion of the company soured in 2022 while he was assigned to gather data from the internet for the company’s GPT-4 program, the New York Times reported. The program analyzed text from nearly the entire internet to train its artificial intelligence program, the outlet reported. Ramarao said she wasn’t aware of her son’s decision to go public with his concerns about OpenAI until the paper ran his interview. While she immediately harbored anxiety about his decision — going so far as to implore him to speak with a copyright attorney — Ramarao also expressed pride in her son’s bravery. ‘He kept assuring me, ‘Mom, I’m not doing anything wrong — go see the article. I’m just saying, my opinion, there’s nothing wrong in it,” said Ramarao, herself a former employee of Microsoft who worked on its Azure cloud computing program. “I supported him. I didn’t criticize him. I told him, ‘I’m proud of you, because you have your own opinions and you know what’s right, what’s wrong.’ He was very ethical.” After leaving the company, Balaji settled on plans to create a nonprofit, one centering on the machine learning and neurosciences fields, Ramarao said. He had already spoken to at least one venture capitalist for seed funding, she said. “I’m asking, like, ”How will you manage your living?’ ” Ramarao said. She recalled how her son repeatedly tried to assuage any concerns about his finances, suggesting that “money is not important to me — I want to offer a service to humanity.” Balaji also appeared to be keeping a busy schedule. He turned 26 while on a backpacking trip in the Catalina Islands with several friends from high school. Such trips were commonplace for him — in April he went with several friends to Patagonia and South America. Balaji last spoke to his parents on Nov. 22, a 10-minute phone call that centered around his recent trip and that ended with his talking about getting dinner. “He was very happy,” Ramarao said. “He had a blast. He had one of the best times of his life.” Ramarao remembers calling her son shortly after noon on Nov. 23 but said it rang once and went to voicemail. Figuring that he was busy with friends, she didn’t try visiting his apartment until Nov. 25, when she knocked but got no answer. She said she called authorities that evening but was allegedly told by a police dispatch center that little could be done that day. She followed up Nov. 26, and San Francisco police later found Balaji’s body inside his apartment. Ramarao said she wasn’t told of her son’s death until a stretcher appeared in front of Balaji’s apartment. She was not allowed inside until the following day. “I can never forget that tragedy,” Ramarao said. “My heart broke.” Ramarao questioned authorities’ investigation of her son’s death, claiming that San Francisco police closed their case and turned it over to the county medical examiner’s office within an hour of discovering Balaji’s body. Ramarao said she and her husband have since commissioned a second autopsy of Balaji’s body. She declined to release any documents from that examination. Her attorney, Phil Kearney, declined to comment on the results of the family’s independent autopsy. Last week, San Francisco police spokesman Evan Sernoffsky referred questions about the case to the medical examiner’s office. David Serrano Sewell, executive director of the Office of the Chief Medical Examiner, declined to comment. Sitting on her living room couch, Ramarao shook her head and expressed frustration at authorities’ investigative efforts so far. “As grieving parents, we have the right to know what happened to our son,” Ramarao said. “He was so happy. He was so brave.”
Australia's House of Representatives passes bill banning children younger than age 16 from social mediaWe read the major analyses of the international system and heave a sigh of relief learning that in an anarchical international system, great powers, the main actors in world politics, are rational entities; as such, they are capable of coming up with sound strategies that maximize their prospects for survival in that chaotic setting. But this is a big “but” here; the authors of these analyses, who call their theory “offensive realism,” also say that great powers always try to maximize their powers and crave to dominate the international system simply because they can never be certain of the intentions of other states. There are other theories in international relations, but this one was put forward by the political scholar I admire most: John Mearsheimer. I keep referring to his many analyses and podcasts on social media sites. In his seminal book, "The Tragedy of Great Power Politics," Mearsheimer writes that states are capable of rationally and strategically thinking about how to survive but security-seeking great powers will nonetheless be forced to compete for and conflict with one another. The “tragedy” in this game of great power politics is that states cannot be sure that other states will not use military capabilities against them. A case in point: The Biden administration – even though NATO-EU quietly shipped 300-kilometer-range (186-miles-range) ATACMS missiles to Ukraine almost a year ago – allowed Ukrainian President Volodymyr Zelenskyy to fire them into Russia properly. Zelenskyy could use them inside Ukraine; those regions that Russia claims it has “annexed” to the motherland are technically and diplomatically part of Ukraine. The U.K. and France have also supplied long-range missiles, known as Storm Shadow, to Ukraine, capable of precision strikes up to 250 kilometers. Russian President Vladimir Putin and his military were never sure when those American, British and French missiles would be fired at Russia proper. If you give guns to one’s neighbor, one has the liberty to think that neighbor could use them whenever it deems the time is right. Russia warned the U.S. and EU governments that Ukraine’s firing NATO-EU missiles on Russian soil would be considered Ukraine’s act “with and for” NATO-EU. This is what an Offensive-Realist theoretician would call “security-seeking Russia’s rational strategy to maximize its prospects for survival” and “to eliminate any possibility of challenge by another great power(s).” If Russia, a great power with a large nuclear arsenal, warns the U.S., another great power with an equally large nuclear stockpile, not to point guns at them, but, nevertheless, Ukraine, “with and for” the U.S., fires those missiles onto Russian soil, then the offensive-realist theoretician would start scratching their head: Is the U.S. acting rationally? Or has Biden lost his senses? Military experts estimate that at least 245 known Russian military objects are within the range of the American ATACMS, specifically their 300-kilometer variant. Russia even went at length to revise its nuclear to lower the threshold for a nuclear strike in response to a broader range of conventional attacks. In a sense, Biden claimed confrontation with Russia, which says it would consider those NATO members to be directly involved in the war in Ukraine. The updated Russian nuclear doctrine allows Putin to order a nuclear strike. He could, but would he? Putin, a little eccentric nonetheless, still has a huge Russian state apparatus behind him, unlike Biden, "The Dingy Nut," who does not have the U.S. deep state with him anymore. He has only a handful of hell-bent neocons who must have been scared to death that President-elect Donald Trump is going to pay them with their own coin. (Trump kept blaming all the big shots at the State and Defense Departments, FBI and CIA for delivering his phone records and secret communication documents to the investigations about him plotting to overturn the 2020 election.) So, neocons are playing their last cards in Ukraine and Palestine so that they gift a “Le Deluge” to Trump . Mearsheimer's offensive neorealism draws a pessimistic picture of international politics characterized by dangerous inter-state security competition that often leads to conflict and war. But not that dangerous, you might say, because “states have survival as their primary goal,” Mearsheimer's "Rule Book of Theory" says. We know (well, in fact, we hope!) that no nuclear power fires at another nuclear power lest it wants to see what “mutually assured destruction” really is. Even though their new doctrine lowered the threshold for using his nuclear arsenal after Biden’s arms decision for Ukraine, the mighty Russian bureaucracy, with the heritage of not one but two empires, knows better. If they keep hounding down U.S., British and French missiles, as they have been doing last week, rest assured that no Russian nuke will be on its way to France, Britain or the U.S. in the near future. Israel and Iran held back from an all-out war even though they seemed on the brink of a bigger war. What holds them back is the fact that Israel is a nuclear power, and Iran is close to having (if not already has) a nuclear deterrence. I think the same logic will work in the Ukraine-Russia war. As professor Mearsheimer says, states are rational beings even if their outgoing, incoming or sitting president are nutjobs. But remember, praying also helps!Member of group who robbed, attacked two teenagers to be sentenced in 2025
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Holiman's 20 lead Georgia Southern past West Georgia 64-54– Nuvo Int'l Group Ltd. Selected as Winning Bidder in Court-Supervised Sale Process, Subject to Court Approval – – Deal Includes Acquisition of Substantially All of the Company's Assets, Ensuring Business Continuity for Customers, Partners and Employees – TEL AVIV, Israel , Nov. 22, 2024 /PRNewswire/ -- Nuvo Group Ltd. ("Nuvo"), the maker of Invu, a pregnancy monitoring device recently named as one of Time Magazine's Best Inventions of 2024, has entered into a binding term sheet with Nuvo Int'l Group Ltd. ("Nuvo Int'l"), an acquisition company funded by Kips Bay Select LP., and selected Nuvo Int'l as the winning bidder at Nuvo's auction in its sale process under Section 363 of the U.S. Bankruptcy Code. Nuvo Int'l will acquire substantially all of the Company's assets and assume certain of its liabilities for cash and non-cash consideration. "The agreement with Nuvo Int'l marks a significant step in our financial restructuring, and when consummated will allow us to continue to deliver best-in-class pregnancy support to moms-to-be and their doctors," said Rice Powell, CEO of Nuvo. The U.S. Bankruptcy Court hearing to approve the sale is currently scheduled for December 3, 2024 . With Court approval, the transaction is expected to close in the first week of December 2024 . Nuvo is advised in this matter by Hughes Hubbard & Reed LLP and Morris Nichols Arsht & Tunnell LLP as legal counsel, Teneo Capital LLC as financial advisor, and Intrepid Investment Bankers LLC as investment banker. About Nuvo Nuvo is leading a transformation in pregnancy care by providing clinicians and expectant mothers with access to medically necessary remote pregnancy monitoring anytime, anywhere. Nuvo's INVUTM platform is an FDA-cleared remote pregnancy monitoring and management system. It enables the delivery of remote non-stress tests (NSTs) and maternal and fetal heart rate monitoring, while pioneering new data-driven personalized pathways that Nuvo believes can improve future health outcomes. INVU is being used by leading health providers and research institutions across the US and Israel. Nuvo plans to continue to expand the footprint of sales in the US and Israel and plans to introduce its INVU platform in Europe in 2024, subject to granting of the CE mark it filed in Europe in March 2023, to provide remote access and insights not previously deemed possible. Nuvo is led by a diverse team of experienced business, medical and technology leaders, united in the mission of breaking down barriers to pregnancy care to give every life a better beginning. For more information and complete indications, contraindications, warnings and precautions, and instructions for use, visit www.nuvocares.com . View original content: https://www.prnewswire.com/news-releases/nuvo-group-enters-into-agreement-for-sale-of-pregnancy-support-business-302314626.html SOURCE Nuvo Group Ltd
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