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Microsoft Manager to Teach Business Strategy & Execution at Tekedia Mini-MBA

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Tomorrow (Thur), Eromosele Omomhenle F.IMS , a Senior Manager, Global ISV Alliances and Partner Development at Microsoft global headquarters in Redmond, USA, will anchor a session on Business Strategy & Execution.

Eromosele is an experienced business leader and will educate us on how to craft strategy, execute business playbook and outperform the market. Zoom link in the board.

Tekedia Mini-MBA >> the #best teach here.

 

Nigeria Presidential Election: For The 3rd Time, Anap Poll Calls It for Labour Party’s Peter Obi

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Once again, Labour Party’s presidential flagbearer Peter Obi has won the opinion poll commissioned by Anap Foundation and conducted by NOI Polls Limited. Obi leads three other presidential contestants by more than 10% average in the third and final nationwide poll commissioned by Anap ahead of the February 25 presidential election.

The result of the final poll, which was released on Wednesday by the President and Founder of Anap Foundation Atedo Peterside, showed Obi scored 21% ahead of his closest rivals Bola Tinubu, Atiku Abubakar and Rabiu Kwankwaso, who polled 13%, 10% and 3% respectively.

“Obi leads with 21% of registered voters proposing to vote for him if the presidential election were to be conducted today; and 13% proposing to vote for Tinubu who fell in second place. Atiku was third with 10% and Kwankwaso was a distant fourth with 3% of voters proposing to vote for him.

Poll Question: Suppose the presidential election is being conducted today, who are you likely to vote for?
Total (%) Distribution across Geo-Political Zones Poll Ranking
North    Central North East North West South East South South South West
Peter Obi (LP) 21% 24% 6% 8% 53% 38% 14% 1st
Bola Tinubu (APC) 13% 16% 16% 20% 1% 3% 15% 2nd
Atiku Abubakar (PDP) 10% 4% 17% 20% 3% 5% 3% 3rd
Rabiu Kwankwaso (NNPP) 3% 1% 4% 8% 0% 1% 0% 4th
Undecided 23% 20% 28% 26% 7% 19% 30%
Refused 30% 35% 29% 18% 36% 34% 38%
Total 100%
Source: NOIPolls – February2023

The third and final poll, which was concluded in the first half of February 2023, came after two earlier polls conducted in September and December 2022 that Obi also won. The poll also noted 23% undecided voters and 30% others who refused to say who they will vote.

“Undecided voters and those who prefer not to reveal their preferred candidate add up to a whopping 23% and 30% respectively. The gender split of undecided voters shows that 27% of women are undecided versus 18% of male registered voters,” Anap said.

But the organization said “the undecided” and “the refused” have no bearing on the outcome of the poll which has rightly called three presidential elections in the past.

“Given the large pool of undecided voters and/or those who refused to disclose their preferred choice, Mr. Peter Obi’s 8%-point lead at this stage is significant, but not sufficient to separate him from a leading pack of candidates scoring 13%, 10% and 3%,” it said.

Anap said in a statement that it used the same methodology that rightly called the result of presidential elections in the past to conduct the three polls which Obi has emerged the winner.

“For the avoidance of doubt, it is pertinent to mention that the methodology used by NOI polls is almost the exact same methodology that was used in previous presidential polls that they handled for us in 2011, 2015 and 2019.

“In all those past presidential polls, the front-runner that was identified by our polls ended up winning the elections, irrespective of a rather large percentage of voters who were undecided and/or refused to indicate who their preferred candidate was.

“We have also applied the exact same methodology in our various governorship polls carried out in 2011, 2014, 2015, 2019 and 2022 and the methodology generally held up well,” it said.

Anap is not the only organization to conduct repeated polls in which Obi leads other candidates. Last week, Bloomberg News by Premise Data poll, once again, called it for Obi. Several other polls have also done the same, raising the hope of millions of his supporters that he will win the 2023 presidential election.

When A Billionaire Asks for Public Support

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“Twitter still has challenges, but is now trending to break even… public support is much appreciated” – Elon Musk

I have been using this Tweet to teach in our Tekedia Startup Masterclass, challenging founders that no matter how great your product or service is, you must get the best investors to buy in. And those investors are the customers. Yes, the public and we the people.

If Elon Musk posited that despite his truck loads of money, in $billions, that only public support will save his little blue bird, who among us has a chance without the public? None.

We underestimate the societal energy in business. We underestimate that in markets, if you do not win the customers, you have no mission, because venture funds come and go, but only customers will fund you in perpetuity.

In our business, we Thank and Thank all our members, co-learners and customers, because without them, we have no mission. Yes, go for that “public support” because that is the only way to thrive. That is why a billionaire is asking for public support.

An African proverb is clear – “no man, no matter how wealthy, can prepare enough food for his kinsmen, but if those kinsmen make food for him, he will be unable to consume the whole food”. That proverb is not saying that Dangote cannot feed his village kinsmen in Kano for an evening. Rather, the proverb is drawing on the strength that comes from unity and the “wisdom of many”.

Comment on Feed

Comment 1: Like I have said previously, it is customers that sustain a business, and not investors. Anyone pumping in money into a business will get tired and bored at some point, if the customers are not congregating, you are going under.

Comment 2:  ‘Venture funds come and go, but only customers will fund you in perpetuity’
This is the best takeaway here. It was a tenet of business long before EM and it will continue to be one long after he is no more.

Comment 3: Elon did not become a billionaire by himself. He became a billionaire because of the public support. No matter the value of your product, the public will “fund” it. If you are too arrogant to seek public support, you are too arrogant to be rich. It’s a very simple concept. Never underestimate the value of public support.

Comment 4:  It’s all about the customers, in the end, no venture fund will fund you in perpetuity. it’s best to focus on the customers, and give our best to make them happy to stay with us.

Comment 5: The key word there is “break even”.
Twitter is not a new company, but very much with signs of a toddler under its new parent, Elon.

With the recalibration of many baselines in twitter’s business operations, including its restructuring which saw many staffs laid off, only a mad man will not see “bulablar” ahead.

The alien that he is, after the initial rejigging, is now pivoting it back from unstable trenches to a more progressive haven of success.

I wish the bluebird captain sweet sail. Thank you proff Ndubuisi Ekekwe for the untiring updates as always

Which Crypto Sees Bullish Projections: Solana (SOL), Orbeon Protocol (ORBN) Or Quant (QNT)?

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Numerous individuals have been rushing to invest in cryptocurrencies in 2023, and this trend is expected to persist. However, investors should know that only some cryptocurrency projects can be profitable in the long run.

And although coins like Solana (SOL) and Quant (QNT) have managed to weather the storm and maintain some value, many have not. Experts have taken notice of a project that stands out as it is in stage 7 of its presale right now – Orbeon Protocol (ORBN). Keep reading to discover what 2023 has in store for these coins.

>>BUY ORBEON TOKENS HERE<<

Solana (SOL)

The Solana (SOL) blockchain was created to support the development of decentralized applications (dApps). The Solana (SOL) coin is trading hands for $21.35 with a market cap of $8B. Solana (SOL) has been rapidly picking up momentum this year, similar to other popular currencies, with a 24% price rise in the previous month.

It was recently revealed that the Brave mobile browser now has added support for Solana (SOL) after the desktop version achieved that in 2022. But, this did not impact the Solana (SOL) price, as it has decreased by 17% in the past week. Sentiment around Solana (SOL) is neutral now, as analysts have a bearish outlook for the coin. They believe if the Feds increase the interest rates, Solana (SOL) could see a fall to $15 by the conclusion of 2023.

>>BUY ORBEON TOKENS HERE<<

Quant (QNT)

The Quant (QNT) operating system was created to integrate blockchains and other systems. In the last two weeks, Quant (QNT) has been on a bearish trend, with the coin dropping as it currently trades for $133.32. This price point is nearly 31.22% down from the Quant (QNT) peak of $427.

Another bearish indicator is that the Quant (QNT) trading volume decreased in the past 24 hours. This could result in more Quant (QNT) selling pressure as investors look for other profitable investment options. Sentiment around Quant (QNT) is neutral at the moment, and if this downtrend continues, Quant (QNT) could see a price fall to $100 by December 2023.

>>BUY ORBEON TOKENS HERE<<

Orbeon Protocol (ORBN)

The crowdfunding industry is expanding due to unique technologies like blockchain. And Orbeon Protocol (ORBN) will be one of them. Orbeon Protocol (ORBN) will put a unique spin on this industry by creating a new way for businesses and startups to raise funds – fractionalized NFTs underpinned by actual equity.

Orbeon Protocol (ORBN) will look for businesses requesting a financing round, create an equity-based NFT representing it and then allow investors to purchase parts of it. Since the fractionalization aspect, more Orbeon Protocol (ORBN) investors can buy pieces of it for a low price and go as low as $1.

The Orbeon Protocol (ORBN) ecosystem will also encompass an Orbeon Wallet, which will let holders hold all of their NFTs and assets in one place, a Swap where they can find a lot of public and private token swaps, and much more. The ORBN token will be the backbone of this ecosystem, which you can buy for $0.071. Still, due to all the innovation and features that Orbeon Protocol (ORBN) will employ – analysts predict a $0.24 price for its token when the presale finishes.

The Orbeon Protocol (ORBN) has all the makings for a platform that millions of people can use worldwide: excellent fundamentals and significant upside potential.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

Nigeria’s Headline Inflation in January 2023 was 21.82%

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Nigeria’s headline inflation hit 21.82 percent in January, eclipsing the slight decline it recorded in December 2022, according to the nation’s statistics agency NBS.

The National Bureau of Statistics announced on Wednesday that Inflation rose by 0.47 percent to 21.82 percent in January, toppling the 21.34 percent recorded in December.

“Headline inflation for January 2023 was 21.82 per cent from 21.34 per cent in December 2022,” the NBS said.

The upsurge was reported amid cash crunch resulting from recent decision of the Central Bank of Nigeria (CBN) to redesign N200, N500 and N1,000 notes, which has exposed many sectors of the economy, especially the informal sector, to further strains.

The NBS attributed the rise to increase in the costs of items across many sectors. The agency said food inflation increased from 23.75 percent in December 2022 to 24.32 percent in January, while core inflation, which excludes the costs of volatile agricultural produce, stood at 19.16  percent in January, 0.67 percent higher than the 18.49 percent recorded in the previous month.

Also, prices for gas, liquid fuel, airfare, vehicle spare parts, fuels and lubricants for personal transport equipment, solid fuel, and other items increased the most in January, the NBS inflation report said.

The report said the increase in the food index rate was tied to an increase in the prices of certain food items such as oil and fat, bread and cereals, fish, potatoes, yams and tubers, and so on.

The CBN had during its Monetary Policy Committee meeting held last month, raised the Monetary Policy Rate (MPR) to 17.5% from the previous 16.5%, a move it defended by pointing at the drop in December’s inflation rate. The CBN governor Godwin Emefiele said the decline is as a result of the previous MPC’s decision to raise the MPR.

However, with rising economic uncertainties associated with the naira redesign policy, there is concern that inflation will rise further in coming months. But allaying the concern, Kalu Aja, a financial analyst and economic adviser said the policy will have “no bearing” on inflation.

“Information is driven by food prices not currency unavailability,” he told Tekedia.

“Inflation (CPI) is driven by food prices,” he added.

Against the backdrop of the naira redesign policy, Emefiele had in a statement on Tuesday, noted that inflation is declining as a result of its implementation. He said the cost of goods and services are reducing across different markets, citing data from market sources.

“The policy is typically expected to cause deflation in the market as less cash holding reduces currency outside banks and retards money circulation.

“The accompanying decline in money supply will thus slow pace of inflation.

“As you can see, we have stated to witness inflation trending downwards, following general price stability in almost all genre of markets including for goods and financial products.

Citing market analysis, he said that an effective implementation of the policy could by itself scrape four percentage points off the current level of inflations as it steadily slows inflation rate to about 18.0 percent by mid-2023.

“This is quite achievable, as data from our market sources indicate that the prices of grains and key staples, around Suleja and Lambata markets for instance, have generally been on the downward trend since the beginning of the policy.

“The price for soya beans has dropped from N30,000 to N22,000. Maize from N18,000 to N16,000. The price of a bull fell from N400,000 to N330,000 and ram from N75,000 to N50,000,” he said.