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Great leaders become less wrong!

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Avoid people who think they can never be wrong. Run away from people who think that acknowledging mistakes is weakness. If your boss is never wrong because he uses his power to make mistakes to look “correct”, it’s time for another move.

Authentic leaders change opinions based on new information. Bad leaders are lost in the past, never open to see a deep future. Great leaders become less wrong, not because they are smarter, but because they are very quick to quickly recognize errors and mistakes, and compensate for them.

The wise wrote the timeless “to err is human”. Yes, every human can make a mistake, but it takes only those who can recognize the mistakes, and change, to become Leaders. If your team does not make mistakes, you have a problem! But if your team makes mistakes, and cannot recognize, to recover from their errors, you have a lost #mission!

Comment on Feed

Comment 1: Awesomely digested and thanks for linking up with critical thinking with the subconscious. Likewise the inefficiency of every machine and machineries.

Comment 2: “To err is human”
Perfection is a wild goose.
Revision is the path to greatness.
May we never get to the point where our mission becomes a lost cause, Professor.?

Comment 3: Apt! It’s a shame that we miss this wisdom! Leadership is ineffective without the constant awareness that one can be wrong and that the strength of any leadership lies in its team!

What Recruiters Want from Job Applicants

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I have been involved in some recruitment processes and I can see why most job applicants are unemployed even with bogus educational qualifications, with the best results and grades.

I am not a Human Resource manager or a professional recruiter but I manage a law office and sometimes we do seek to recruit new legal associates; NYSC associates; legal interns/ extern. I also serve as a retainer and secretary to some companies and most times I get involved in the recruitment process of those companies; when we advertise for roles or openings to be filled, on many occasions the things I see from job applicants do especially through their Curriculum Vitae make my body itch.

Let me remind you that when an employer is seeking a person to employ, the employer is looking for someone who is fit and capable for that role and can as well be loyal while on the job. They, therefore, need you to convince them that you are fit for the job and that you can do it and you will be loyal while at it. Your curriculum vitae (CV) containing your educational qualifications and past work experiences is just a means of convincing the prospective employer that you are fit and capable for the job; you have what it takes; you have done it before and you are capable of doing it again.

The first point of selling yourself to the recruiters or standing out from the numerous applicants applying for the same limited slot with you is for you to present your CV very well; a well-packaged and presented Cv goes a long way in getting your feet at the door of the company.  The importance of a well-drafted (in professional font size) Cv cannot be overemphasized in landing a job seeker the job. Also, a concise and brief cover letter of you telling the employer who you are and why you are fit for the role goes a long way as well.

Recruiters and human resource managers are busy people and they have numerous CVs to sort from, hence why they won’t think twice in discarding an applicant’s submission that the Cv was not properly drafted or presented. Your Cv is the first impression you make with your prospective employers and the wrong impression a bad Cv creates in the mind of recruiters is that if an applicant cannot present a proper Cv then his capability in executing tasks when employed will be in doubt.

As a matter of fact, there are not too many jobs or companies to provide employment for the teaming unemployed in Nigeria, hence when a role is being advertised may be what the company needs is just one or two people and you will have more than thirty persons applying for that role.  The only way you stand out from the rest of the applicants is by presenting and submitting an “eye-catching” Cv since it is through the Cv you will be making your first contact with prospective employers.

A company that has me as their retainer once tasked me with helping them get an in-house legal associate for the company. Immediately we sent word that such a company needed in-house counsel, we got about twenty applicants flooding my email box with their CVs in less than 24 hours.

The first thing I looked at was how the Cv was presented and how he or she is able to sell himself on the cover letter. I can tell you that most CVs I got were turn-off.  Some forwarded their CV without captioning it; When applying for a role or sending your Cv through email for a role, you are expected to add the role you are applying for with your name as the subject of the email so that your email won’t be mixed up with other emails. If you cannot present your Cv very well then it will be difficult for me to believe that you will be a fit for the role no matter how good your academic results are.

There are professional CV writers around, it will be helpful for you to pay them to package your Cv for you since it is what you will be using to create the first impression in the mind of prospective employers. Do not wait till when you are invited for a physical interview to wow the recruiters, without a good Cv you will not even get invited for an interview, so start wowing the recruiters with the CV.

On the final note; there is a clear difference between a Curriculum Vitae, a cover letter and an expression of interest.  Each of these should be on a different page of the document and should never lump up together as some job seekers do. There should never be an all-purpose or multi-purpose cover letter and expression of interest. A cover letter should be tailor-made specifically for a role you are applying for at a particular time.

Kenyan Fintech Startup Kwara Raises $3 Million Seed Extension

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Fund, money cash dollar

Kenyan fintech startup that offers a secure, simple, and affordable digital banking platform for Savings and Credit Co-operative Society (SACCOs) and their members, Kwara, has raised a $3 million seed extension.

The new funding was led by existing investors such as DOB Equity, Globivest, and the founder of Kobalt music. Also, there were funds from new investors which were mainly African VCs such as One Day Yes and Base capital as well as fintech executives including Mikko Salovaara, CFO of Revolut.

Recall that the startup on the 12th of January announced its acquisition of IRNET Coop Kenya, a software company that is a subsidiary of the Kenya Union of Savings and credit Cooperatives (KUSCCO LTD).

With the acquisition, Kwara has now entered into an exclusive digital solutions partnership agreement with KUSSCO, which will see the startup offer its banking software solutions and mobile banking channels to help increase growth and profitability of SACCOs in Kenya.

Kwara CEO and Co-founder Cynthia Wandia recently disclosed that the deal came at the right time.

In her words,

We think we’ve barely scratched the surface in the Kenyan market. And so, we are just going to be really investing in products and services that deepen our relationship here.

“The rationale (of the deal) is clear, first it is an opportunity to generate leads and distribute our core product as fast, and to deepen our competitive moat.

“We’re entering an exclusive partnership, which also means no other tech company will be able to market with Kuscco. They are stacking their bets on us but we have been able to prove that we can do it as we continue to grow.”

Also speaking on its collaboration with Kwara, the Group managing director of Kuscco said, “this development marks a game changer in the management of credit unions going forward. The acquisition of IRNET and the KUSCCO-Kwara partnership will deliver to our 4,000+ member credit unions tested and proven, secure and efficient digital services as well as a modern neo-banking experience”.

This will see the entire IRNET team join forces with Kwara to ensure a seamless transition and to embed the entire Kuscco regional network of 16 branch offices and several hundred marketers and marketing expertise in Kwara.

Founded in 2018, Kwara provides secure, simple and affordable online and mobile banking for cooperative financial institutions and their members who are often excluded by traditional banks.

The fintech startup is on a mission to make building wealth together frictionless and ensure that financial institutions can meet their member’s financial needs instantly, helping them avoid expensive predatory alternatives.

Backed by Catalyst fund, Finparx, Google for startups, Kepple, and Bonum ventures, today Kwara serves over 27,000 members.

Update: Nigeria’s Central Bank Governor Resumes Duty

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Update: This is an update

 

Original Article

In December last year, an Abuja Federal High Court stopped the attempt by the Department of State Services (DSS), to effect the arrest of central bank governor, Godwin Emefiele.

The DSS had moved for Emefiele’s arrest based on allegations that he’s financing terrorism and that he’d committed other economic crimes, creating a cloud of controversy and a potential threat to Nigeria’s economy.

The move came along with allegations that the central bank governor masterminded the heist that saw N89 trillion stamp duty fund disappear from the government coffers. The allegations triggered a demonstration by a group of protesters who last week demanded the resignation of Emefiele.

Ever since those developments hit the news, the central bank governor has been notably scarce in the public. Emefiele was part of President Muhammadu’s entourage to the US-Africa Summit held in Washington in December, but failed to return to Nigeria after the event.

Although there are claims that his disappearance has nothing to do with DSS’ attempt to arrest him, that he’s on his annual leave, Emefiele is due to return to Nigeria to resume work as the head of the Central Bank of Nigeria (CBN). But that has not happened.

On December 24, People’s Gazette reported that the DSS had established a surveillance operation to arrest Emefiele on sight despite the High Court’s order, restraining them from arresting him.

“We have different teams of at least two each monitoring those places. We don’t know if they have more people deployed to even more places, but we did not see any signal from the DG’s office to suggest his involvement at this point,” a DSS source told Peoples Gazette.

Yesterday, the whereabouts of Emefiele was discussed on ChannelsTV’s Sunday Politics, which had rights activist, Femi Falana as a guest. The Senior Advocate of Nigeria (SAN) was generous with words when answering question on Emefiele’s whereabouts. Mr. Falana reechoed what several others have been saying.

“I can say without any fear of contradiction that Mr Godwin Emefiele is not in Nigeria; he hasn’t returned to the country because he has been declared wanted by the state security services,” he said.

But while the DSS has maintained that it is acting based on evidence, a section of Nigerians believe the move to arrest Emefiele is buoyed by the recent CBN policies – the redesign of the naira and the introduction of a new withdrawal limit. These, they believed, have irked state and non-state actors who were counting on the old rules to influence the outcome of the coming election through vote-buying.

In support of that belief, many said that the court had denied the DSS an ex parte order on Emefiele because the service failed to provide any evidence to back up its claims. Falana said if there was evidence, the DSS doesn’t need a court order to effect an arrest on any Nigerian who is not protected by immunity.

“If you have the evidence that he has committed the offence alleged, you don’t need a court order to arrest him and that is the law. And by the way, no court in Nigeria or anyway has the power to confer immunity on any citizen… If you are not one of the 74 people who are entitled to immunity in Nigeria; that is the President, the Vice President, the governors, and deputy governors, no other person can enjoy immunity,” he said.

However, while the burden of proof rests on the DSS, the CBN governor, who is seen to have over time created for himself an imbroglio reputation by indulging in illegalities, has not utter a word on the matter. Emefiele openly moved to run for president last year, and has over the last five years, printed more than N22 trillion in Ways and Means loan to the federal government. All in violation of existing laws, which consequently created an image of someone who is capable of committing serious crimes for the governor.

Read also: Emefiele: The Baffling Audacity of A Partisan Central Bank Governor

Against this backdrop, Nigerians are divided on what to believe as the DSS has also been caught several times overstepping its bounds working for vested interests.

However, Emefiele’s refusal to return to Nigeria has been given different interpretations. While many believe it is because he has a case to answer, others say he is trying to avoid being humiliated by a possible arrest given his position as the central bank governor.

BusinessDay quoted a well-connected government source as saying that “there is a deal that will allow the governor to return this week without arrest, but he will be presented with evidence of the allegations against him, and thereafter it is expected he will resign.”

On the other hand, Falana believed the DSS doesn’t have to wait for Emefiele’s return to file charges against him if he has committed a crime.

“So, you can’t say don’t arrest a citizen if there is reasonable suspicion that he has committed an offence. So, I expect the State Security Service to come out with the allegations, and if Mr Emefiele is not going to return to the country, file a charge in the Federal High Court so that he can get his lawyers, and prepare his defense,” he said.

Nigeria is a country where rule of law is not diligently followed. And based on the relationship between Buhari and Emefiele, which is largely believed to be hanging on quid pro quo, Nigerians appear not surprised by what is playing out. Emefiele has repeatedly said he has Buhari’s backing in major decisions he has made.

 

WikiCat Coin and Defi Tiger Token are Creating Buzz in the Nigerian Crypto Community

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The Nigerian Crypto Community have witnessed a massive buzz in the last weeks, owing to the rise of $WKC and DTG -1.37% meme inspired tokens.

Prominently, WikiCat Coin and Defi Tiger Token has exceeded expectations, the rebase tokens started off as a community push on Smart Contract Dao (SMCDao) with less than 2500 members until its recent exploits numbering over 10,000 unique wallet holdings.

SMCDao, is a community of Believers helping everyone learn and earn in the digital space. With cogent and intuitive push and supports from SirMapy and Crypto Wealth Embassythe two meme alike tokens have been listed on CoinGecko and CoinMarketCap— the most reputable sources for Crypto Statistics, and both coins is currently trending on DeXToolsand Pancakeswap.

Fast forward to early 2022, SirMapy in one of his weekly Community messages on the SMCDAO Telegram channel, he pointed on the direction where WikiCat and Defi Tiger token is heading at— View below screenshot to read more about his predictions and frustrations on SMC Users selling $WKC while at $5K Market-cap.

As at May, 2022, the price of $WKC and DTG -1.37%? was deteriorating and amounting to nothing, some Dev teammates upon witnessing this ugly trend sold off their investment shares to push for new project development leaving SirMapy, Crypto Wealth Embassy, CryptoBaddie and other Community members to rallying on the WikiCat and Defi Tiger projects.

“SMC early members you have no excuse for missing out on $WKC”, he tweeted recently. There’s also a Discord post as far back at June, where SirMapy was literally begging the SMC community members not to sell off their $WKC holdings owing to the underlying project plans.

WikiCat Coin is currently at $19 million market capitalization with a fully diluted Valuations of $29.9 million, $WKC is trading around 0.~[00000003] cent while Defi Tiger Token is at $3 million market capitalization with a fully diluted Valuations of $4.8 million— DTG -1.37%? is trading at 0.~[00000001] cent at press time.

Both projects has renounced ownership and it White Paper released, meaning it’s strictly community driven, SirMapy announced setting up SMCDAO Community Funds, where over $125,000 worths of $WKC was deposited, signaling a shift from individual ownership.

Apparently, WikiCat Coin has undergone two independent Smart Contract Audit; one from Solidity Finance and the other on FairProof Tech. You can earn SMC points while engaging in the SMCDAO Telegram channel or on Twitter, this points will be used for redeeming SMC Airdrops in the long run.