Join me to welcome Chekkit Technologies Corp to Tekedia Institute Mini-MBA which begins Sept 13. Chekkit protects consumers from the dangers of using counterfeit products while helping consumer goods and pharmaceutical companies boost their sales, better understand their consumers, and recover lost market share. Asides from allowing consumers to verify products (with ChekkitApp or by dialing a USSD code) and reporting the fake products they are sold, the benefits of using Chekkit is huge for manufacturers and producers.

Tekedia Mini-MBA continues to welcome hundreds of startups, SMEs, and large corporations to its next edition (Sept 13- Dec 6). They will co-learn and co-advance with citizens and professionals across market domains and territories in Africa’s largest business school, for mastering the concepts of entrepreneurial capitalism. We teach Innovation, Growth and Operational Execution.

Welcome Chekkit, a leader on  consumer intelligence and anti-counterfeiting. To join Chekkit in our class, click here.

Innovators, how you make money matters. Yes, besides how much money you bring, the business model that brings that money is extremely important for investors. In this era, investors want to see a business model that delivers accelerating returns which keep compounding.

Two points:

Apple, Alphabet, and Microsoft had yet another blow-out quarter, as expected. Google parent company Alphabet managed to more than double its net income year over year, thanks primarily to YouTube’s online advertising sales. Apple TV and Apple Music helped lift the iPhone giant to 93% higher quarterly profits, though CFO Luca Maestri dashed hopes for that high level of growth to continue next quarter. And while Microsoft took a hit in its Xbox gaming subscription business, its profits still climbed 47% from the same period of 2020. All told, Apple, Alphabet, and Microsoft posted combined quarterly profits of $57 billion. (Fortune newsletter)

Mark Zuckerberg’s social media behemoth, Facebook, got in on the fun as well Wednesday. Facebook’s Q2 EPS of $3.61 and revenue of $29.1 billion handily beat analyst expectations; however, the company did warn of slowing growth: “In the third and fourth quarters of 2021, we expect year-over-year total revenue growth rates to decelerate significantly on a sequential basis as we lap periods of increasingly strong growth.” Facebook shares fell by as much as 5% after the close Wednesday. (Fortune newsletter)

Those are how the American big tech companies are performing. They are capturing massive value and returning the glory to America. Left and right, there is no sector in the world today that can deliver this type of numbers. I think it is high time Nigeria works harder on its technology policy by seeding a strong regime of entrepreneurial capitalism. We certainly need to capture value, at least in Africa.

Meanwhile, there is a new feature in Twitter called Shop Module: “The Shop Module is a dedicated space at the top of a profile where businesses can showcase their products. When people visit a profile with the Shop Module enabled, they can scroll through the carousel of products and tap through on a single product to learn more and purchase — seamlessly in an in-app browser, without having to leave Twitter.”

Joining fellow social media giants like Instagram and Facebook in the shopping business is none other than Twitter. The company has started testing a new feature on its iOS app in the U.S. where a small group of participating businesses — including Arden Cove and GameStop — can feature products for sale near the top of their profiles. This marks the latest step from Twitter to monetize its platform, having recently rolled out Tip Jar and the long-awaited premium subscription service Twitter Blue.

Obi Cubana, this is how to do it – you spread it and keep your job as a politician. Let me leave the name and the constituency of this politician to avoid unnecessary distraction. But one thing you should know is this: spreading money is an evolving entertainment in Nigeria as poverty scales, and all the laws the central bank has put in the books, criminalizing the behaviour, have failed.

As those men and women LOOK up for the naira manna to fall, the politician smiles for another 4 years. He knows what works – stomach infrastructure because you need that before you will notice if there are schools, roads and light. As always, if Nigeria did not elect Buhari as president, historians would have anointed him as the greatest leader who could have fixed Nigeria because he could have stopped many crazy things.

To be fair here: Obi Cubana said he spread money to polish his brand. The politician is spending to improve his electability. If you check,  the destination is the same: money anoints in Nigeria.

Today, Naira hit N522/$. It used to be different as this photo below can show.