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Tekedia Introduces A New Course: Decentralized Finance and NFT Marketplace

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Tekedia Mini-MBA had added a new course – Decentralized Finance and NFT Marketplace – in partnership with Dubai-based BoundlessPay, led by Franklin Peters Odoemenan. We are also adding new courses on Web 3.0, Metaverse, etc focusing exclusively on the business components (not the technical stacks) of these emerging domains. In other words, we help learners understand and provide paths for the evolving opportunities.

In Tekedia Institute, we have three themes: Innovation, Growth and Digital Execution. That digital execution is being redesigned and transformed by new technologies. We work hard to make sure that our courses are constantly refreshed to capture emerging trends in that space.

I invite you to register for Tekedia Mini-MBA and experience world-class business education at the best optimized cost model. Yes, for N90,000 or $170, you will attend a program for 12 weeks. We have professionals from 41 countries here. Register today https://school.tekedia.com/course/mmba8/ and begin your career ascension.

Register for Tekedia Mini-MBA and Get Free Digital Subscription to BusinessDay

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Every organization needs professionals that have in-depth knowledge of core business principles, problem solving capabilities, and analytical competencies that are needed to thrive in the 21st century business ecosystem. Tekedia Mini MBA Programme is designed to provide practical training on business growth optimization and execution. It is structured in a flexible way to enable each professional to go through the course at his or her pace.

The faculty members of the program are selected from global organisations such as Microsoft, Shell, Nigeria Breweries, Schlumberger, Deloitte, MasterCard, Access Bank, KPMG, MTN and others. They provide contemporary insights into global best business practice.

BusinessDay is the best business journalism in Africa and when you register via its platform for Tekedia Mini-MBA, you get this world-class journalism in digital form for one year. Begin here for Tekedia Institute Mini-MBA starting June 6 to end Sept 3 2022.

Tekedia CollegeBoost Receives Funds for UNICAL Students

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This is my alma mater – the University of Calabar where I received an MBA.  Tekedia Institute is excited to announce a generous donation to support undergraduate students in the university to attend Tekedia CollegeBoost, a mini-MBA designed for undergraduate students. We thank Ernest Edukere  for investing in the FUTURE; open doors await.

To learn about Tekedia CollegeBoost, connect with Eyitayo Adeleke or click here  . In our school, students from more than 100 universities and polytechnics are co-learning with us. They’ve rated 5/5 for quality, relevance and value.

Send your students and experience practical entrepreneurial capitalism from the temple of Africa’s business education.

Africa’s Startup Founders, Pay Attention to this Warning

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If you run a startup in Africa, watch what is happening in the New York Stock Exchange and NASDAQ. The rich families and select institutions which give venture capital funds money to invest in startups will stop doing so if the stock markets go south. The Dow lost 810 points today over fears of impending recession.

The United States Federal Reserve (equivalent of the Central Bank of Nigeria) works mainly to keep the U.S. dollars stable (to reduce inflation) and maximize employment (through interest rates). The Fed plans to hike interest rates (unemployment is not a big problem at the moment). This increase will help to quell inflation by deepening the strength of dollars but as that happens, many negative things could happen.

Those things include a drop in consumer spending and broad purchases including real estate assets (costs of loan will be higher and many will forgo purchases). But if purchases are depressed, factories will be forced to reduce production, and if that is not well managed, recession kicks in. As that happens, inflation will drop since limited availability of  cheap money will make prices adjust. ECON 101.

As these things happen, people move into defensive, not offensive when it comes to investing. In other words, they will not invest. Look carefully at your burn rate because this paralysis could be extended.

Besides the US inflationary challenge, Russia’s war in Ukraine remains a big factor: NATO will likely  continue to fund Ukraine until Russia gives up. But note this: if the EU does not buy Russia energy, and begins to source from alternative sources, Russia may end up benefiting as global prices will go high. What that means is that Russia may sell less and still make more money than would have been made pre-war. 

But as that happens, the US will introduce 3rd party sanctions and that means anyone that buys Russia’s product will be under the crosshairs of US sanctions. That is where the volcano will erupt: China will protest. And watch out the implication in the global supply chain with implications that some Chinese companies in New York could be suspended!

On Saturday, at Tekedia Mini-MBA, I will share more during our scheduled course on Building Investment Portfolios. Join us.

On The Cop That Killed Two, Injured Others At Lagos Party

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On the night of Sunday, 24th April 2022, two persons were reportedly killed while two others injured after a drunk policeman on illegal duty offered gun salutes to celebrate a businessman’s birthday in Lagos State.

It was learnt that the incident occurred at La Silva Bar, Egbeda in Alimosho area of the State at about 9pm during a birthday party.

The cop, who allegedly fled the scene of the incident having realized what he had done, was said to have been invited by the celebrant identified as Ifeanyi alias Asiwaju of Computer Village, Lagos.

The gory videos of the ugly mayhem, which has gone viral on the social media, alleged that the cop wanted to shoot into the air while other guests were spraying money on the celebrant but unfortunately fired at them instead.

It suffices to assert that, in the long run, the drunk cop killed the people he was called to protect. He was graciously invited or contracted by the celebrant for security, or to ensure safety at the arena, but he allegedly ended up creating a state of doom. What an irony of life!

The Lagos Police Command has launched a manhunt for the cop and it was reported that the celebrant had gone into hiding since Sunday night.

The State’s Commissioner of Police (CP), Abiodun Alabi has ordered their immediate arrest, to consequently commence disciplinary action and prosecution, respectively.

The police boss, it was gathered, was particularly interested in knowing how the operative who was said to be off duty, got the rifle he used at the said party.

It was learnt that two of the guests were arrested by policemen attached to Gowon Estate Division after the bar’s owner, Sylvanus Chukwukezie made a complaint.

When contacted for reaction, the Police Public Relations Officer (PPRO) of the State, Mr. Benjamin Hundeyin stated that the details of the incident were still sketchy but assured the Command would not rest on its responsibility until everyone culpable was brought to justice.

He said: “I can confirm there was shooting at the bar on Sunday night and two persons were killed. We are investigating the circumstances that led to the shooting. I can assure you that those responsible will not go free. They will face the music.

“The Commissioner of Police Lagos State, CP Abiodun Alabi has zero tolerance for such behaviours and has already given marching orders to the DPO to fish out the culprits.

It’s indeed high that the concerned authorities went the extra mile towards checking the excesses of Nigeria’s police officers, to include those serving in offices, various authorized checkpoints as well as the ones attached to some establishments across the country.

It’s no longer news that their mode of services in recent times has really called for an outcry by Nigeria’s civilians. Hence, the compelling need to ensure that the service Riot Act is regularly and severely read to their hearing and understanding.

How could a cop attempt to shoot in the air at such an enclosed venue as portrayed in the viral video? Even if he was drunk, was it the first time he would find himself in such a mood? It suffices to assert that there are many questions begging for answers in regard to this ordeal.

The Police, and other related security agencies, must ensure that anyone who is organizing an event, and intends to have the services of security personnel, ought to pass through the required official statutory processes as recognized by the authority.

For crying out loud, we, as a people, cannot continue to wail or repeat the same thing on a daily basis, as if the society isn’t governed or led by anyone.