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Tekedia Mini-MBA Double With BusinessDay Newspaper

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There is no better deal in business education: you master the secrets of business and read the news around markets. Yes, Tekedia Institute and Africa’s finest business journalism, BusinessDay, will help you become all-round-business-ready. Go to BusinessDay and register today.

From Feb 7, we will begin the excursion for 12 weeks. My first zoom class is titled “The Innovation of Firms and Building Category-King Companies”. It promises to be amazing.

Tekedia Institute offers Tekedia Mini-MBA, an innovation management 12-week program, optimized for business execution and growth, with digital operational overlay. It runs 100% online. The theme is Innovation, Growth & Digital Execution – Techniques for Building Category-King Companies. All contents are self-paced, recorded and archived which means participants do not have to be at any scheduled time to consume contents. Besides, programs are designed for ALL sectors, from fintech to construction, healthcare to manufacturing, agriculture to real estate, etc.

The sector- and firm-agnostic management program comprises videos, flash cases, challenge assignments, labs, written materials, webinars, etc by a global faculty coordinated by Prof Ndubuisi Ekekwe. It will run from Feb 7, 2022 to end May 7, 2022.

NIPOST Launches Banking Platform, Debit Cards to Boost Financial Inclusion

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The Minister of Communication and Digital Economy Dr.Isa Pantami has launched the Nigerian Postal Service (NIPOST)’s debit card and agency banking platform. Pantami unveiled the new NIPOST features alongside 27 courier vehicles, commissioned in partnership with Speedaf Express, an international company, aimed at helping the postal service facilitate fast delivery service across the country.

Pantami explained during the launch that the move is geared towards keying NIPOST into e-governance and a sustainable digital economy.

NIPOST is among Nigerian government’s institutions tainted with allegations of corruption. The Minister said the new services will curtail malfeasance and improve transparency.

“We are in the process of digital transformation, transformation will not be possible without digitalization. What we are doing today is to ensure that NIPOST is digitalised so that they will deliver in their mandate by law,” he said.

Pantami said the postal agency’s debit card and banking platform were designed to reach the unbanked population residing in remote areas.

“We are not agitating that it must replace our other debit cards but rather an alternative banking platform. Most importantly, this service can be used online and offline. It is complimentary and provides other alternatives, particularly to the people living in unobserved and underserved environments. NIPOST exists in many places where other banks do not because the service is in every local government.

Pantami also explained that the Ministry will deploy satellite service to provide internet service for the underserved.

“We want to leverage on that, and ensure we use NIGCOMSAT to provide Internet connectivity all over the country in places where there are no ATMs and banks, and that will be an alternative for the underserved communities.

“There are many economic impacts because when you simplify financial transactions for citizens, you enable them to spend more at the comfort of their homes,” he said.

Financial inclusion has been advocated as a layer of economic growth, and many government institutions in Nigeria are beginning to participate by developing subsidiaries offering financial services to the unbanked.

Pantami said the new NIPOST services will help in attaining Nigeria’s full digitization target by 2030.

“It is the first of its kind in Nigeria because it works offline and online, and it is the first time that NIPOST has come up with a solution similar to this and it is indeed a multipurpose card for financial transaction, conditional cash transfer, payment of bills and many more,” he said.

Pantami also hinted at NIPOST’s plan to launch a microfinance bank soon, a move he said will help all Nigerians carry out financial transactions everywhere there is a post office in the country.

“This is just like a pilot programme of another subsidiary of NIPOST that will come up soon, that is the NIPOST Micro Finance Bank in which we are to leverage on the existing infrastructure of NIPOST ad make sure that our citizens all over the country as long as they have access to the post office, they will be able to conduct their financial transactions,” he said.

Post-master General and CEO of NIPOST, Ismail Adewusi, said the move will help align NIPOST with global best practices.

“This is, however, all geared towards reducing operating costs, increasing the revenue base and rejuvenating the system to restore public confidence,” he said.

What makes the debit card unique is that it relies heavily on biometric information of the user, like fingerprints which means it can work online and offline. The multi-teller NIPOST’s POS-based platform is available in every local government across Nigeria, where NIPOST could be found.

Fellow Nigerian, Where Is Your PVC?

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The last time I checked, Nigerians as a people are at the peak of the pre-electioneering era that everyone needed not to be told or reminded that he/she was meant to fasten the seat-belt towards averting any form of carnage.

In every facet of the country, the story isn’t different. One would observe that every dick and harry has inadvertently become perturbed as regards what the next second entails as regards the awaited political ritual.

In all corners within the shores of the country, even in the market arena, the story remains the same. One may ask; what is the story in question? It is nothing but the fact that we are fast approaching yet another set of general elections, which is expected to take place across the federation.

Constitutionally, in any democratic terrain, elections can never be overridden by anything whatsoever. This implies that such a factor is invariably regarded as supreme by any sane and rational citizen, be it a leader or follower.

In the same vein, traditionally, it’s pertinent to acknowledge that there is a scenario that usually heralds any electioneering period. The preliminary era remains registration for, and collection of, voter’s cards by every eligible citizen of the affected country or state, as the case may be.

But, who is an ‘eligible citizen’ as mentioned above? An eligible citizen in this case is no other than someone who is constitutionally empowered to vote or be voted for. As it is enshrined in the 1999 Nigeria’s Constitution, as amended, any Nigerian citizen who has attained the age of eighteen (18) has the power to cast a vote for any contestant and equally possesses the right to aspire for some certain political positions.

However, it’s equally imperative to note that there’s a tool or device that authorizes any eligible citizen to cast his or her vote at the polls. The device is the voter’s card otherwise known and addressed as Permanent Voter’s Card (PVC). In other words, one without the PVC is not expected to be anywhere near a given polling unit let alone casting a vote for a candidate of his/her choice during elections.

It’s indeed disheartening and mind-boggling that in spite of the high level of awareness so far created by countless civil society groups such as the revered Right Thinkers Movement, among others, thousands of Nigerians are yet to collect, revalidate, or even register for, their PVCs.

One would then wonder how they intend to effect the change they are clamouring for come 2023. It’s not anymore news that most of these Nigerians are at the moment found in various quarters across the country and beyond discussing politics and governance, still virtually all cannot boast of the device that would guarantee them access to cast their votes at the polls. It suffices to assert that such persons have no electoral value. How do you reconcile this?

The news that got to my desk recently has it that several millions of PVCs are yet to be collected from the offices of the Independent National Electoral Commission (INEC) domiciled across Nigeria. Funnily enough, the irony of the anomaly is that most of those uncollected PVCs ostensibly belong to Nigerians who have been hitherto making the greatest noise in regard to the impending elections.

You are unequivocally really deceiving yourself if by now you are yet to collect, or even register for, your PVC, but are deeply involved in the ongoing politicking or political brouhaha within the country. The truth is that you are not only deceiving yourself but perhaps causing untold hardship for your entire generation.

The electoral umpire has in the past kept its offices open even during the weekends to enable everyone, irrespective of his/her nature of work, to go for the collection of their PVCs. But despite all these measures, millions of PVCs are still reportedly lying at the various offices of the INEC. Who is deceiving who?

We are therefore reminded by this notice to, without much ado, walk up to the nearest INEC office in our respective places of residence with a view to ensuring that our PVCs are duly collected.  You are equally required to conscientize your relatives or those in your neighbourhood to follow suit.

We need to fully comprehend that the power to usher in a better tomorrow strictly and solely lies in our bare hands. But it’s pathetic that we can never exercise such power if our PVCs are missing in our possession.

Most times I don’t relent in wondering the reason one in his/her right senses would wait until he is compelled before he could wear the zeal to go for his PVC. Is it that we don’t care about the elections or we have given up on the country?

The worst of all is the situation whereby virtually all those who are complaining about bad governance are yet to collect their PVCs and yet not making any effort to acquire such a vital tool that could usher in the change they are clamouring for. Isn’t it a paradox?

Fellow Nigerian, the polls are by the corner, hence no more time to be wasted in respect of responding to this candid and clarion call. No excuse is expected from us if we eventually fail to exercise our civic obligation at our respective polling units by casting our votes where and when need be.

Those whose PVC’s issuance date bears 2011 are required to go to the INEC office for revalidation. If the PVC bearing such date isn’t revalidated, it won’t be valid to cast any vote during the impending elections, because it can’t be read by any electronic card reader.

I know I’ve overtime analyzed this very socio-political lapse. Though it cannot be overemphasized, the truth is that there may not be further opportunity to comment on the anomaly, thus ‘a word is enough for the wise’. 

The Importance of Workplace Dress Etiquette

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It is often said that “the way you dress, is the way you will be addressed”. Whether one likes it or not, most people form their impressions based on one’s appearance. Most times, people lose potential clients or customers simply because of the way they dress. They probably dressed in a Shabby manner which gave the impression that this person is either unserious or not capable enough to handle certain deals.

A professional well-dressed look will always give an edge wherever one goes. A well-dressed person will tend to command respect and get people interested in doing business with him or her. Imagine a contractor going to obtain a loan from the bank, dressed in a shabby manner. One thing to note is that he will first be accessed by how he looks which might send doubt to those in charge of granting loans. The dress automatically makes him look unqualified for the loan. In the workplace, dress etiquette should never be taken with levity. There should be a level of excellence in how employees dress in the workplace.

Workplace dress etiquette is part of building executive presence, which needs to be taken seriously. Whether one likes it or not, the way one looks plays a very significant role in the success of the workplace. Some people attribute appearance to high related work performance and competence. Of course, in recent times, there seems to be an increasing rate of dressing in casual wear especially by entrepreneurs. It is important to understand that this trend is a need to understand the rules of appearance.

Dressing professionally matters a lot because it creates an impression on others whether new business prospects, clients, customers, etc. No matter where one is on the organizational chart, they represent the company they work for. The mode of dressing is a significant part of the representation. A proper assessment of oneself is needed when they get dressed and are about to go to the workplace or to go meet a client. There should be an honest review about the way they are dressed if they will love to do business with someone who is dressed as they have.

Even conmen have understood this logic that you need to be properly dressed to get people interested in what you have to offer or say. You see a lot of them professionally dressed, although their intentions are not genuine. They attract a lot of people and are given attention when they speak. What I am trying to state is that one hardly gets turned down when they are professionally dressed. People will desire to do business with you. In order to create a desired impact in the workplace, one needs to follow a proper dress code. Dressing appropriately in the workplace creates a good lasting impression.

Individuals who dress shabbily to work are never taken seriously, even outside the workplace. The manager of an organization also has a significant role to play in ensuring that there is workplace dress etiquette. There should be laid down rules that ensure that employees must be well dressed in the workplace and ensure that those who go against such rules will be penalized. Also, they should ensure that when choosing a dress code, it should consist of professional colors like grey, white, black, blue, etc. It is believed that light and subtle colors exude elegance and professionalism and it also looks great in the office.

Aside from the dress, physical appearance should be treated properly. Such as well-groomed hair and professional hairstyles for both males and females.

Conclusion

Workplace dress etiquette is very important and should be taken seriously. It contributes to the significant growth of an organization because it creates a good impression. It increases visibility, builds influence, and enhances executive presence.

FASMICRO Will Continue To Lead As Africa’s Only “INTEL FPGA Training Partner”

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To the companies and the universities which we support as Africa’s ONLY Certified Intel FPGA Training Partner, I write to tell you that Fasmicro will continue to provide engineering leadership. We have been doing this for 10+ years since Intel gave me the license, after passing the rigorous certification exams, and we will continue to provide the highest possible service to our clients, including power plants, telecom companies, etc in the continent.

My finest moment on this business was sending a code to get a power plant back to life, after it went down, in East Africa. We know Intel FPGA technology because Intel gives us access as a Certified technology partner.

That we’re now the only Certified partner for Africa after the rigorous Intel recertification process is a validation of our quality. I thank my team – and I assure you that Fasmicro Nigeria will continue to serve.

Visit intel.com and your only Africa partner – First Atlantic Semiconductors and Microelectronics (FASMICRO) – is there .

Out of Nigeria, we thank Intel for more than a decade of engineering partnership.