DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 5105

Nigerian Radio Stations, Audience and Arrival of Elon Musk’s Starlink

0

On October 31, 1959, when the Western Nigerian Government built the first television station in Ibadan, Sub-Saharan Africa, like other sub-continents and regions around the world, began broadcasting its own news and programme contents. Since then, governments, private individuals, and communities have focused on the creation of broadcast stations (radio and television) from Johannesburg to Nairobi, Lagos to Dar es Salaam, as well as Accra, with the goal of disseminating constant information to people for personal development and making significant contributions to society in terms of effective participation in civic activities.

According to several sources, the broadcast industry is thriving in Nigeria, Ghana, Kenya, South Africa, and Egypt, owing to constant changes in people’s preferences for content and governments’ interest in disseminating developmental information to the people. Information has it that private individuals and organizations are interested in establishing broadcast media establishments as a result of technological advancements that are making content development and transmission easier and more accessible to the general public.

There is no doubt that technological advancement and rapid adoption are creating favorable conditions for the usage of television and radio as information providers. Radio, in particular, has a reputation for reaching people in both urban and rural locations more effectively than other forms of mass communication. The increased use of radio as a source of information in many African countries can be attributed to a number of factors. Nigerians in the north, for example, have long been known to be enthusiastic about listening to radio because of the abundance of local content and production of news and programs relevant to their daily needs.

Starlink and the New Dawn for Radio Broadcast

Despite the fact that the Federal Government’s early 2000s transformation policy facilitated the establishment of digital-oriented stations (radio and television), as well as creativity in content production and ingenuity in content dissemination, many audiences still find it difficult to access content due to factors such as low internet penetration, high costs of purchasing internet systems and data subscription. However, since the Nigerian government approved Elon Musk’s Starlink satellite, a lot of professionals in the ICT industry and others have been discussing and revealing potential opportunities  that firms and individuals could pursue. The discussion has centered on the fact that Starlink facilitates fast internet connection because it “Rather sending internet signals through electric cables, which must be physically laid down to reach far-flung places, satellite internet works by beaming information through the vacuum of space, where it travels 47% faster than in fiber-optic cable.” While the swiftness of the product is highly recognised, the high cost of subscribing to it remains another issue to majority of Nigerians in the rural areas.

Our analyst points out that with the approval of the product, rural residents with Internet-enabled phones will be able to listen to urban radio stations that have been restricted by the government’s regulatory bodies due to limited frequency modulation bandwidth ranges assigned to them via social media, particularly Facebook (which remains the most used social medium for live streaming radio content in Nigeria).

In recent research, our analyst and another researcher, it was recommended the deployment of 5G network and installation of more network masts with strong bandwidth due to weak Internet broadband connectivity, which is threatening the sustainability of Facebook-radio convergence in Oyo State. However, according to our analyst, the coming of Elon Musk’s product is a mixed opportunities for broadcast stations and audience in Nigeria.

While listeners in urban regions would be able to easily access radio content due to the Starlink satellite’s rapid nature in facilitating effective Internet access, listeners in rural areas would be unable to do so due to the high cost of subscription. Listeners in urban areas, particularly those with a high level of economic power (income), would be able to afford the $99 monthly subscription and $499 for the Starlink kit, and enjoy the convenience of listening to radio material quickly. For urban broadcast stations, having Starlink means reaching a larger audience in rural areas, especially for those who can rely on financial assistance from family members and friends in urban areas.

The Bola Tinubu’s “it is my turn” and Greek’s Oedipus Tyrannus

2

“If not for me that stood behind Buhari he wouldn’t have become the president. He tried the first time, he failed, the second time, he failed, the third, he failed, he even wept on national television and vowed never to contest again but I went to meet him in Kaduna and told him he will run again, I will stand by you and you will win, but you must not joke with Yorubas and he agreed.

“Since he became the president, I have never got ministerial slots, I didn’t collect any contract, I have never begged for anything from him, it is the turn of Yoruba, it is my turn.” Bola Tinubu, a former governor of Lagos State and APC Presidential aspirant.

For context, go back and read Ola Rotimi’s The Gods Are Not To Blame or the Greek’s Oedipus Tyrannus to understand politics, alignment and promises. Odewale had the false sense of security but when the gods sneezed, it was over. Rotimi brilliantly made a case that despite those trails, you cannot blame the gods!

As I watch APC, I connect back to one of the finest novels I have ever read;  Isi Akwu Dara N’ala  [a shortened form of an Igbo proverb – when the palm nut falls to the ground, it picks sand] by Tony Ubesie is a masterpiece and is one of the all-time best Igbo novels. Sure, it was written in Igbo and not popular but if you track Chike and Ada, you will see what is playing out in APC: betrayals.

Next week will be super-amazing; I am ready for the convention. As Tony Ubesie in another classic Ukwa Ruo Oge Ya O Daa [when the breadfruit matures, it falls down] posits, next  week’s convention will explain everything because the time has come.

APC is scheduled to hold its presidential convention on June 6-8 2022.

Never run a digital business on guesswork – measure, improve and thrive

0

In every edition of Tekedia Mini-MBA, we take time to decide on the Featured Photo. We pick them from the internet on fair use. For our 8th edition, we initially picked photo A. Initially, the registration conversation rate (how many visit the page and how many register, weekly) did not do well, but we did not know the specific reason. We had compared the rate of the same time last year (and last edition) to the current ; edition 8 was underperforming.

Then, our team member suggested we change the photo with B. They did and within a week, the conversion rate improved significantly. That improvement remains sustained.

Good People, do not run a digital business on guesswork. Form a habit of measuring things because if you do not measure, you cannot improve. The Igbo Nation will say that “uwa bu ahia” [the world is a market]. Interestingly, only those who understand what the market needs thrive.

Measure., Improve. Advance. You can check live photo B here  .

 

The #1 Career Rule When In A New Country

0

When you move to a new country to begin your career,  this is the #1 rule: working more hours just to make more money is a bad strategy; focus on improving what you earn per hour. Do not be trapped thinking that working four jobs will bring financial liberation. What brings liberation is getting licenses, certifications, education/training, etc that will make one job to outperform four jobs.

The American secret is very simple: as a PhD student in Johns Hopkins, my salary was $36,000 per year, excluding about  $60,000/year they paid for my fees and tuition. Excluding the tuition, just being a student, you were making close to $20/hour when minimum wage was less than $10. So, that guy who is in school is matching your two min wage jobs (with $60k credit for his degree and new learning).

If you get a license as a health EHR staff, you can get a 30% increase in wage. And that license can just take you two weeks of study. Because the American labour market is not designed like the way we have it in Africa, only you can move yourself up. Yes, you can be employed as a receptionist and retire as one after 40 years. But you can decide to upgrade and move within the same company. (In Nigeria, after every 4-5 years, people are batched based on length of experience and promoted in the public sector. In US, there is nothing like that.)

Understand that you can earn more money than the person you report to. It is very common in our semiconductor industry. Being an operational supervisor does not mean you make more money!

At Tekedia Institute, we share conversations that help members get ahead in new countries. We begin a new edition on Monday here.

The Need To Embrace Diversity in Offices

0

The workplace is a place that comprises people from different backgrounds, with their unique characteristics. Diversity therefore encompasses the range of similarities and differences each individual brings to the workplace.

Workplace diversity has to do with the acceptance and inclusion of employees from all backgrounds. A workplace that encourages diversity will definitely thrive, because since it acknowledges the individual strength of each employee and the potential they bring to the workplace, such input will definitely propel the organization forward.

It might interest you to know that some organizations for reasons best known to them do not hire individuals from certain ethnicity, religion, gender, etc. What they do not understand is that lack of diversity will limit the company which will obviously stifle growth.

In years to come, organizations that encourage diversity in the workplace will hold a distinct advantage over those who don’t, especially when it comes to recruiting and hiring of talents. Workplace diversity offers a lot of advantages to an organization.

To build a diverse workplace, it is pertinent for managers and HR’s who are mainly in charge of hiring employees, to overcome every bias when assessing and recruiting talents.

Here are four (4) advantages of diversity in the workplace 

1.) Creates Productivity: According to a study conducted by Harvard Business review, it disclosed that the more diverse team members are in terms of demographics and deep-level diversity, the more creative and productive they are likely to be. Team members that view the same thing from different angles and perspectives, are more likely to get a wide range of ideas which will no doubt improve productivity in the workplace.

2.) Reduces Employee Turnover: Organizations that operate a diverse workplace, are said to have lower turnover rates. Once every team member feels welcomed and accepted, they become happy at the workplace which makes them stay longer. They feel relaxed in such a workplace, because any employee who doesn’t feel tolerated or wanted will not hesitate to leave. People also become dissatisfied quickly if they don’t connect with their peers or feel that their ideas and contribution in the workplace is not appreciated.

3.) Faster Problem Solving: A workplace that comprises diverse team members are often able to reach fast solutions to problems, and they usually come up with unique ideas and perspectives, than a team that shares similar backgrounds. Harvard Business review disclosed that team members are likely to solve cumbersome problems faster when they are cognitively diverse. No doubt a diverse team is smarter when they bring together an array of information, sources and experience of decision-making.

4.) Improves Organization Reputation: Diversity increases an organization’s customer base, because by operating a diverse workplace, the organization is more likely to learn about the preferences of various population segments. This enables them to adjust their products and services to make them appealing and enticing to different populations, which definitely increases their customer base.

Final Thoughts

There is a great need for organizations to embrace diversity in the workplace, because it offers a whole lot of advantages. From recruiting the best employees due to the absence of bias, to the effective corporation and bonding of team members which will positively impact the company’s revenue.