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Greatness comes when you WIN your mind!

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No matter your circumstances, do not be hard on yourself because doing so freezes your energy to see opportunities around you. The key to success is continuous improvement, no matter how little.

Have a positive attitude to things because humans who will help you, directly and indirectly, are attracted to positive people. When I was in Ovim village, I wanted to visit the city. Then one day, I found myself in Owerri. Then, I wanted to visit Lagos. Then New York City, and (the space). Simply, our goalposts keep changing, and if we are not conditioned to a state of positivity in our current situation, we will NEVER be!

We’re born winners but we have to win life’s game of discovering ourselves. If you hate your teacher, you will likely struggle in that course. If you hate your nation, your mind will mask the best in it.

Greatness comes when you WIN your mind. Be the boss – and own the state of your mind. #WIN

Domestic Violence In The Workplace

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Recently, there was a news that trended last week and is still trending concerning a gospel music minister in Nigeria by the name Osinachi Nwachukwu, who died as a result of domestic abuse she suffered at the hands of her husband. A lot of people strongly condemned the husband for carrying out such dastardly acts, and have also advised people who are victims of domestic violence to break out from such marriages/ relationships immediately if they want to stay alive. It is however imperative to note that domestic violence does not happen only in relationships and marriages, but also happens in the workplace.

Research has shown that up to 75 percent of employees are harassed by their employers while at work. Domestic Violence in the workplace is not only limited to physical assault, it can also be seen in cases where an abuser attempts to harass, threaten or injure a victim at work. A lot of employers abuse their staff in the workplace, some go as far as regularly using slaps as a correction mechanism whenever a worker makes a mistake.

I was once told a story by a friend who worked in a 5-star hotel. She disclosed to me the abuse that workers receive daily. According to her, the owner of the hotel is a known violent person who often physically abuses his workers. Whenever they make a mistake or fail to carry out their duties effectively, rather than query them or scold them, he goes as far as beating them up. He often uses a belt or throws punches at them, leaving them with injuries.

The most surprising thing about this act is that despite the pain and injuries inflicted on these workers, they still report to work daily like nothing happened, without even reporting the incident to the police or any security authority. Probably due to fear of being jobless or broke some choose to overlook the incident. I was perplexed to hear that domestic violence also happens in the workplace because I have never heard of such and it is usually not talked about.

According to research by the Bureau of Labor Statistics, between the years 2011 and 2018, a total of 5,741 injuries resulting from workplace violence were reported. It has been estimated that around 703 Americans per year lose their lives due to workplace domestic violence. Homicide is said to be the leading cause of workplace death for women and the second leading cause of workplace death for workers.

Truth be told, women are the most vulnerable when it comes to workplace violence, which is very much more prevalent than that of men. There are two ways I came up with how employees can handle workplace domestic violence.

Resignation: Just like in marriages and relationships, victims are often advised to quit such relationships. The same should apply to the workplace. Whenever a worker is constantly abused in a workplace or feels threatened, such a person should not hesitate to resign. Still working in such an environment despite the constant abuses might eventually lead to loss of life or physical damage which is not ideal. Workers need to take their life as a priority because it will take no time to replace them if they eventually die in the process.

Report To Security Authorities: Employees who experience workplace domestic violence or experience threats of acts of violence from their employers must deem it fit to report to the police or other security agencies. Most times, reporting employers to security authorities often puts their actions in check which also prevents other workers from experiencing such. Also, employees who are concerned about potentially violent behavior of co-workers should report their concerns to the manager or head of the department before it degenerates into something dangerous so that such a person can either be called to order or dismissed from the workplace.

These points above-mentioned to me are the ideal steps to take for an employee to handle workplace domestic violence. Workplace violence consists of various behaviors, and each industry has acts of workplace violence unique to that industry. It is also important to note that workplace violence is not only limited to acts committed by employers against employees but also violence among co-workers.

Tekedia Live: Building a Neobank – Case Study of Mintyn

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They are brilliant innovators, and they are coming to Tekedia Institute: Obinna Ogbodo, Nnazilim Egbuonu and EZE AMUCHIE will anchor Tekedia Live to discuss how to build a new company using their Mintyn | Online Banking, a Lagos-based digital bank, as a case study. They have a great pedigree; they built Oya which Wakanow acquired. They also created a very popular career portal which Jobberman acquired.

How can the money in your Mintyn bank account deliver more value than the same amount in another bank? It comes down to Mintyn Trade: you can indicate what you want to buy in the Mintyn Trade section.

Within hours, the app will match you with other people who want to buy the same thing. Yes, all of you can pool the funds and buy in bulk.

Mintyn Logistics works with partners to provide the item in churches, mosques, markets, club houses, real estates, etc. If $5 would have given you 10 cups of rice, you can go home with 20 cups due to the aggregated bulk purchase, optimized by tech. That is your digital bank looking out for you!  It’s magical; – you can triple, 4x, 5x your Naira depending on the bank you use!

I expect it to be an amazing session as always. Tekedia Mini-MBA >> learn from the best. Register for the June edition here .

 

Dissecting Telecom Gadgets And Societal Effects

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Telecom is the short form of telecommunication. The term is often used in its plural form, telecommunications, because it involves many different technologies.

Telecom is the transmission of signs, signals, messages, writings, sounds and/or images via wire, radio, or optical system, among other electromagnetic systems. It enables communication to take place between two parties that are separated by a certain distance.

Telecommunication occurs when the exchange of information between two or more communication participants involves the use of technology. In other words, it is the apt use of tech effects to initiate communication between individuals situated in different localities..

It is transmitted either electrically over physical media such as cables, or via electromagnetic radiation. Suchlike transmission paths are usually divided into communication channels, which afford the advantages of multiplexing.

It’s noteworthy that there are several modern telecom devices in existence. Telecom devices are those equipment that are being used by end users through telecom networks. Telecom networks could be any such network as mobile, exchange, and dedicated networks, or point to point links.

In the present days’ societies, common examples of telecom devices are computers, fax machines, radio cum television sets, satellites, masts, transmitters, trackers, and cell phones, among others.

This piece was informed by the compelling need for the overall users of the aforementioned devices to acknowledge how best to handle, or stay around, them towards avoiding numerous dangers inherent in their respective uses and functionalities.

For those involved in fields requiring radio communication, such as security, aviation, or maritime, it becomes even more essential to learn more about radio etiquette to ensure clear, efficient, and respectful exchanges. Not only will proper etiquette lead to better communication and understanding, but it can also prevent accidents and save lives.

It’s worth noting that the continued wrong use cum handling of these devices has caused an untold harm to the human body and the society at large, although their impact on societal wellbeing and growth cannot be overemphasized.

Each of these devices comprises Electromagnetic Field (EMF) that emits Electromagnetic Rays/Radiation (EMR) while they are in use. Many people worldwide are yet to realize they are chronically exposed to something that can deteriorate their health, because EMR is invisible and odourless, and cannot be felt by anyone.

This implies that unless EMR is duly identified and remediated, it can lead to countless health complications as well as premature death. It would shock you to note that millions of individuals have already died owing to their exposure to the said effect that could best be described as a silent killer.

The hidden truth is that EMR exposure, which is reckoned to be the silent enemy endangering the lives of millions of individuals and professionals across the globe, is far worse than cigarette smoke than we could imagine. It is a proven fact and equally verifiable scientifically.

Keep in mind that all health issues would be affected to an extent by exposure to EMR, since it weakens the immune system, stresses the body and damages healthy cells. The higher the frequency of the radiation, the more damage it is likely to cause to the body.

Common diseases caused by EMR are, but not limited to, cancer, chronic fatigue, constant headache, migraine, asthma, cardiovascular diseases, chest pain, insomnia, allergies, electrosensitivity (ES), high blood pressure, brain fag, leukemia, birth defects, miscarriages, and stress.

Others include nausea, multiple sclerosis, rheumatoid arthritis, skin conditions like burning, rashes and pain, as well as tinnitus, and erratic pulse. While the most acute exposures to harmful levels of EMR are immediately realized as burns, the health effects due to chronic or occupational exposure may not manifest for months, or even years.

Safekeeping of the cell phones in one’s trousers’ pocket can harm the person’s reproductive organs owing to the EMR being emitted by the phone, and such experience can make the person sterile if apt and drastic attention isn’t given to the victim.

People aren’t advised to keep any phone in their pockets. It is called a handset, so keep it in your hand. The truth is that EMR can penetrate through any part of the human skin, thus even when the gadget is in our hands, we should ensure that it is kept in a special pack or casing that can reduce the frequency of its radiation. We ought to be informed that the rate of the radiation depends mainly on the type and mechanism of the phone in question.

If we are at home or in the office, we ought to endeavour to keep them away from our body. For those who can engage in a chat for several hours, you really need to cut down the excesses, because you are inadvertently endangering your health. The point is that, you shouldn’t overuse the phone at a time.

The broadcasting/telephone masts mounted amidst residential settlements have caused tremendous harm to the affected residents, unknowingly to them. Wherever a mast is mounted, no one is expected to live anywhere around it. Dwellers are required to live at least a kilometer (1km) away from any mast in use. Even offices are not advised to be located near a mast.

Those working at broadcasting stations should keep off from where the FM/TV transmitter is kept, unless when they want to make some changes on the machine. This warning is invariably boldly inscribed on any transmitter and even in the manual, but several users still end up relegating the instructions to the background.

Similarly, don’t stay very close to your radio/TV set when they are in use. Aside your TV/phone screen that can damage your eyes’ retina, the EMR emitted by these gadgets is far more dangerous to health. The children must be guided in this regard.

Computers such as laptops are not left out. They are called laptops, but that doesn’t imply you are meant to place them directly on your bare skin. Place a tangible material on your laps before putting a laptop on them. The desktop shouldn’t equally have direct contact with the user’s body.

Away from body contact, towards avoiding fire outbreak, endeavour to keep those devices away from flames or flammable zones like gas cookers, filling stations and power lines, because EMR is highly inflammable.

Though these tech effects are real and unavoidable, you are only requested to apply caution while making use of telecom gadgets, not to see them as enemies to mankind.

MTN Granted License For Mobile Money Banking Service In Nigeria

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Multinational mobile telecommunications company MTN has been granted the license to operate a mobile money banking service in Nigeria. Their license was approved by the Central Bank of Nigeria for its Mobile Money (MoMo) payment service bank in Nigeria, extending its services to wider operations.

The CEO of MTN Ralph Mupita disclosed that granting the company the approval to commence the MoMo bank was an important milestone for the company’s ambition 2025 strategy unveiled a year ago. In January MTN revealed that its mobile money service had attracted 9.4 million active users since launching in August 2019, a growth the company said provided a solid foundation for the upcoming establishment of the bank. The volume of transactions performed through the service rose by 167% to 137.5 million in the 2021 full financial year.

It is also important to note that Nigeria, which has the largest population in Africa, is still MTN’s largest market. Witnessing the Fintech boom in the country, with Nigerian fintech startups raising an estimate of $800 million in 2021, it is obvious that many mobile communications companies also want to tap into the resources in the region, as a lot of them are already venturing into various fintech based services primarily to diversify their income, with banking services being a key area for growth.

Not only has MTN decided to introduce a banking service, but telecommunications company Airtel has also disclosed plans to venture into the fintech space to offer mobile money services (smart cash) in Nigeria. After Airtel issued its first set of payment service Bank (PSB) licenses to local telcos in August last year, the Central Bank granted an approval in principle to Airtel Africa. It is pertinent to note that despite the fintech boom in Nigeria, the fintech ecosystem has only scratched the surface, as it is estimated that about 40 million adult Nigerians are still unbanked.

With telecommunications companies launching their mobile money service, this will catalyze the inclusion of poor people especially those in the rural areas of the country who do not have access to financial services, to transact quickly and conveniently. There has been an estimate that Airtel Africa could double its mobile money revenues when it finally commenced its operations in Nigeria.

A local newspaper, business day stated that the telecom grant to operate mobile banking could earn an additional $405m, an estimate it arrived at by multiplying the telco’s average mobile money revenue per user in the African markets where it already operates by the potential number of mobile money users the telco have in Nigeria. Banking in Nigeria is indeed a very lucrative sector because, despite the fintech boom in the country, there is still a vast majority of underserved consumers.

A lot of people in the country still lack access to financial services, which has spurred a few telecommunications companies to diversify into mobile banking to make profit, as well as bridging the gap between those who have no access to financial services in mobile banking. With few telecommunications companies venturing into the fintech space, no doubt these companies could pose a significant challenge to some fintech startups, including some incumbents because these telecom operators already have a large user base and also sit on a trove of data that could help them hit the ground running on time with ease.