I understand that many people will be focusing on the Abba Kyari guy and his antics in the nation. But I want to use this moment to commend and thank the men and women of the National Drug Law Enforcement Agency (NDLEA). Let us focus and see hope through such corridors and not dwell on Abba Kyari. To the boss of NDLEA, Brig. Gen. Mohammed Buba Marwa (rtd), and his men and women, well done. Let me hope that the nation sees a turning point, going forward, where even the powerful cannot be protected.

Today, we are forced to declare one of such law enforcement agents wanted in the person of suspended DCP Abba Kyari, the erstwhile Commander of Intelligence Response Team (IRT) at the Force Intelligence Bureau of the Nigerian Police Force.

With the intelligence at our disposal, the Agency believes strongly that DCP Kyari is a member of a drug cartel that operates the Brazil-Ethiopia-Nigeria illicit drug pipeline, and he needs to answer questions that crop up in an ongoing drug case in which he is the principal actor. His failure to cooperate forced the hand of the Agency and that is the reason for this press briefing.

Let me give a synopsis of what transpired.

The saga started on Friday, January 21, 2022, when DCP Kyari initiated a call to one of the NDLEA officers in Abuja at 2:12 pm. When the officer returned the call two minutes later, Kyari informed him he was coming to see him, to discuss an operational matter after the Juma’at service.

As many have noted, most of the challenges in Nigeria are not done by ghosts. The problem has been one thing: who has the gut power to go after them.  If we follow the spirit of NDLEA, from banditry to many other evils, this nation will release fresh air for all. Well done NDLEA.

The video in this Tekedia piece will push you to tears on what a man (allegedly) did to his nation even when in a uniform.

Nigeria’s “Supercop” Abba Kyari Who Was Declared Wanted for Drug Trafficking, Now in NDLEA Custody

Breaking: NDLEA releases video evidence as it declares Abba Kyari wanted pic.twitter.com/ZtkbhIWpBu

— AIT (@AIT_Online) February 14, 2022

Get a registered business name with a business bank account. Look BIG before your clients.

The easiest and simplest way to double your revenue as a small business in Africa is to operate as a “company”. When you approach a business transaction as a company, you look big, but when you go as a person, you are small.

It is easier for Mrs Kalu Fashion Universal to increase the price of a hair wig by 10% than for Mrs Kalu to add an extra 5%. The former is a company while the latter is a person.

T Adamu Autos (with a business bank account) will easily collect $400 than T Adamu (the person) going for $350 before most clients. Institutionalize your trade by operating under a company. Sell that wig on Facebook as a company, not as a person!

Comment on LinkedIn Feed

Comment 1: Our market is quite asymmetric, the same way being a company can help you command bigger fees, it can also cause you losing many deals as well.

It’s the buyers’ market, not producers, the people paying have more options and leverages than those selling, except you are offering uncommon services. The profile of the client matters more than what you may believe to be the standard.

A company can quote N150k (plus VAT) as cost of building a standard website, a standalone developer can jump out and quote N50k (freestyle), before you know what’s going on, the job is gone.

There’s no price control or standard procedures in our market system, so the same thing that could increase your fees can also limit your opportunities. At B2B level, it’s more tenable, but again, we do not have many businesses here yet, rather individuals starting a business, the price sensitivity in both instances is quite different.

The market space here remains a betting scene, with hits and misses changing hands all the time.

My Response: Everything has pros and cons but operating as a company offers overwhelming advantages. Someone can say taking medication as prescribed by a doctor has a disadvantage since you have to spend money to buy it . But that does not make it better. Most government benefits go to companies. While we always look at tax and fees, when the government has something, the goodies also go to companies.

Kannywood’s Ladin Cima And Using Registered Business Name To Improve Negotiations

The race to capture more shares in the burgeoning semiconductor market means the players are buying other chip firms to boost production.

Last week, Nvidia called off efforts to acquire Arm due to regulatory objections to the $40 billion deal that has lasted more than one year, and would have given it a huge chance to dominate the market.

However, other semiconductor industry firms have been picking one deal after another, even though it’s at lower prices. Intel Corp. is close to a deal to buy Israeli chip company Tower Semiconductor Ltd. for nearly $6 billion, WSJ reports citing people familiar with the matter.

The deal, which bolsters Intel’s plan to make chips for other companies, could be unveiled as soon as this week, assuming the talks don’t fall apart, the people said.

It would likely include a hefty premium, given Tower’s market value of roughly $3.6 billion. The shares soared 49% in after-hours trading on Monday after The Wall Street Journal reported on the expected deal.

Tower, whose shares trade in the U.S. on the Nasdaq Stock Market, makes semiconductors and circuits used in everything from cars and consumer products to medical and industrial equipment.

It operates manufacturing facilities in Israel, California, Texas and Japan, according to its website. The company is based in Migdal HaEmek, in northern Israel near Nazareth.

Tower is similar to GlobalFoundries Inc., a much larger manufacturer that Intel explored a deal for over the summer. GlobalFoundries and its owner, Mubadala Investment Co., an investment arm of the Abu Dhabi government, ultimately decided to pursue an initial public offering instead, and the company now trades publicly with a market value of around $30 billion.

Intel in January said it plans to invest at least $20 billion in new chip-making capacity in Ohio, bolstering the company’s production ambitions as greater demand for digital products and a global chip shortage have amplified the need for more semiconductor manufacturing. Intel Chief Executive Pat Gelsinger said the Ohio site could eventually grow to accommodate eight chip factories, also known as fabs, with spending potentially reaching around $100 billion over the next decade.

The company, with a market value of nearly $200 billion, had already made more than $100 billion in investment pledges over the past year.

Intel has been busy on the strategic front lately. The company plans to publicly list shares in its Mobileye unit in a deal that could value the self-driving-car unit at north of $50 billion.

Intel lost its leadership in the semiconductor industry, and has struggled to bounce back as competition intensifies amidst pandemic-induced global chip scarcity. The move to acquire Tower is part of its push to regain its place in the market.

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Companies, investment clubs, fund managers, individuals, families, etc co-invest with us in the empires of the future. Yes, the startups.

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We invest in mainly technology-anchored companies and are sector-agnostic which means those companies could be operating in any industry, including finance, real estate, education, health, logistics, etc. The opportunity is open for individuals in Africa, Africans in diasporas, global citizens in any place in the world, investment groups and organizations around the world.