Portfolio healthtech startup Medcera expands, opens an office in Lagos. Medcera is the first location agnostic electronic health record system in Africa. Once you are in our ecosystem and if your clinic, lab, imaging center, etc uses our solution, you will have only ONE copy of your health record irrespective of wherever you are.
It is an amazing work: doctors will not offer scientific miracles with guesswork because they will always have the records they need. We do all under HIPAA Act compliance, the gold standard in healthcare privacy and patient rights.
Medcera provides a connected ecosystem that brings together Doctors, Patients and Healthcare Partners making it possible to deliver top-grade patient outcomes. Doctors have the tools they need. Patients are provided with support they deserve.
Clinics, Labs, Imaging centers, Pharmacies, Labs, etc: visit Medcera and let me know how we can serve you.
Like businesses, universities do pursue cost leadership, focus and differentiation strategies. In our experience, we have seen the good and the bad of these strategies among the Nigeria’s oldest Universities within the contexts of the Universities’ strategic statements. However, competition is one of the key inputs educational institutions do see as a way of showing their distinction, especially when their students won at national, regional and global levels. In this piece, our analyst details his encounter with the three students of the University of Ibadan, who recently participated in the Huawei 2020 Global ICT Competition. From the trio, the competition was challenging and exposed them to life outside the academic environment. One key lesson from this team is that with the support of university Tutors and Administrators, Nigerian students can excel in any competition in the world.
Excerpts
Tekedia: Throughout the three different segments in which you participated in the competition, you really challenge your innovative and creative level to some extent, please how can you describe the experience to us?
Olubiyi Sulaiman Damilare: The competition really brings a lot of innovative ideas and skills in the aspect of data communication, security and wireless networking from the outset of this competition. From the preliminary stage, we took it all together. After the preliminary stage, it also went on to the national stage. It was very challenging because it forces us to think innovatively towards better idea generation at every stage.
Olubiyi Sulaiman Damilare
Abideen Bolaji Olaide: It has been a wonderful experience and we have been exposed to a lot of technologies in the ICT world like Sulaiman said, it is based on three fields; Routing and switching (Data communication), Wireless Network and Securing and Network. It was like we are creating a network or something. In the preliminary, it was objective questions. We did some examinations online. After passing this stage, we went for national and they gave us a Network tautology to solve. It depends on how good you are with network. The result of this stage was used for qualification for the next stage, which is regional. At the regional stage, we did the examination as a team in UI, but after that regional which we came second, they reshuffled the Team because they believe we are all representing Nigeria. Therefore, students from ABU, UNIPORT and UI were asked to reshuffle. This changed university team to the national team at the global level. The team was no longer a university team, we all performed together.
Tekedia: Through the competition, you would have passed through competitive trainings, so how was it like under your Tutor?
Olubiyi Sulaiman Damilare: Of course, there was Tutor, as I have said earlier, the competition was three segments. It needs a mentor to give you the directions and necessary support. Our Tutor really tried. He did a lot for us during the preparation in order to mobilize us together, for a better output. When we want to write the exams in Lagos then, the Tutor tried to engage us and give us the moral and all supports. After the national competition, we were chosen for a training in Abuja. We spent six weeks in the City. Our Department and School Management stood by us while moving to Abuja for the training. Then, we are on the verge of second semester. They really tried during the preparation for the final regional training. The Tutor was helpful in one way or the other during the cause of the training.
Abideen Bolaji Olaide: It was nice, our instructor tried to inspire us to do more and perform very well.
Badiru Toheeb Adeniyi: Right from the beginning, even before I entered hall for the competition, I was lucky to have my 400-level internship with the Aviat Network in Lagos. This means that my own training was even before I entered the competition. By the time I entered the competition coupled with documentation and online training our Tutor did for us. The training was good, but whenever I had difficulty in understanding some concepts, I asked questions.
Tekedia: What were the factors that pushed you from the first stage of the competition to the second and the last stage of the competition?
Olubiyi Sulaiman Damilare: Actually, to me personally, the first factor is determination and the second factor is team work because if you are determined and you are not with the right people, in one way or the other, you might get rejected along the line. So, it’s a determination like I want to get it done because this thing is about the team. After the national result, we were grouped into Teams based the best scores from each school. Team from Ahmadu Bello University, University of Port-Harcourt and University of Ibadan. The teamwork and determination really helped us from one stage to another, especially at the verge of preparing for regional stage. It was a very challenging task for us then because we have to try our worth during the training because we were the third in the national then. Therefore, we have to try our worth like we can do this better.
Badiru Toheeb Adeniyi: When I saw people from other country doing it, then I felt like in as much these people are doing it successfully, definitely I can do it as well.
Badiru Toheeb Adeniyi
Tekedia: Like you said while answering the previous question, you said you met a lot of people and the teamwork and determination moved you to the stages. How was meeting people from different countries like in the keenly contested competition with a particular perspective that Nigeria knows little about Technology?
Olubiyi Sulaiman Damilare: The competition was about technology; it was about having the study guide, the necessary preparations. This is about innovation, giving out your own initiatives and the Team work. So, I just have to put that in my mind and be confident of myself. Therefore, being from Nigeria or Africa doesn’t mean restriction to actualisation of my desired objective and goal.
Abideen Bolaji Olaide: Basically, there is no real difference whether you are in America or Australia. All you need is the experience and when they have done that for everybody. There is a universal certification and that was where we learnt technology. What is router in America is also a router in Nigeria and Australia, and what is switch here in Nigeria is also a switch in the United Kingdom and the United States of America. So, with determination and teamwork, we were able to change and push through. There was no advantage that other country had that we did not have as well.
Tekedia: In life there is nothing possible without challenges, and the scripture we believe in also teaches us that, so throughout the competition even before you went to the competition, there would have been some challenges, so what are those challenges that you faced throughout the competition?
Olubiyi Sulaiman Damilare: I experienced some challenges during the competition. During the national competition held in Lagos, there were a lot of students from different universities. Some people did theirs in the morning. I was in the afternoon batch [2-6pm]. The software I was using is a powerful software, but it’s something I can still manage. Thirty minutes to the end, my system got crashed, everything was gone. I just have to meet the invigilator and he said I should calm down, but if I wasn’t determined, I would have left the examination hall because it’s frustrating.
Abideen Bolaji Olaide: One of the major challenges was the clashing of the stages with our school curriculum. Then, we were in second semester during the year and we had to prepare for exams, school work and also our project. It was during the final stage and our Department project has to be like implementation, not just the writing of the report. We really had a great challenge because we were invited after the national to Abuja for six weeks in which we missed school work for six weeks when our colleagues were busy reading and preparing for exams. With the support of our Department and the School Management we all pushed. In conjunction with the School Management, our Department shifted examinations for two weeks, which assisted us in preparing after the six weeks sojourn in Abuja. So, the school shifted the exams for two weeks, we had time to read up because there is a limit to what they can do and school cannot re-coordinate examinations for three of us. It was a very rough journey, but we thank God.
Badiru Toheeb Adeniyi: In terms of challenges, there were quite a lot of them. The first one was the fact that, we have to carry on along the ICT competition with our academics and project. We were invited for six weeks and during six weeks, I could not even work on my project. I am just so grateful to my project supervisor for his understanding because then it wasn’t easy at all. Then being away from school for six weeks is not easy at all because during those six weeks, lecture was going on in school and they keep writing tests and all. I was just in Abuja doing the training and I had to think of what was going on in school and it was our final year, we must not carry the course because it will be an extra year. So, it was very difficult then.
Abideen Bolaji Olaide
Olubiyi Sulaiman Damilare: Alhamdulilah [Praise is due to Allah] and also, I really appreciate the University, the Dean of Student Affairs, the Faculty of Technology and the whole of our Department. They stood by us as a father and as a mother. They helped us a lot, likewise my other Team member. Like I have said, during our sojourn in Abuja, we skipped school for six good weeks and we have examinations. We supposed to have our examinations that week. Also, my appreciations go to my supervisors. They really understand and was helpful, it was really challenging, but at the end, Alhamdulilah.
Abideen Bolaji Olaide: Alhamdulilah, we thank God for everything. I thank my school at large, the Dean of Student Affairs, the Vice Chancellor and the entire Department because everybody shifted grounds for us where necessary. Kudos to my supervisor. He was very understanding and gave me time to work on my project because I was away from school, so he defended me and I really thank him.
Badiru Toheeb Adeniyi: I thank our Department, for their support, patience and everything they did for us. I say thank you to my project supervisor.
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Notes: Tekedia is offering a 50% discount to current co-learners for Edition 4 (you pay N25k or $70) or 2021 annual package (N50k or $140).Register here. Tekedia has included Advanced Diploma in Innovation & Design Thinking. It costs $100 or N36k. Upon payment, you have immediate access to start learning. Learn more about other tracks and payments here. Tekedia […]
This will not just go away. As the CEO of GTBank, Segun Agbaje, completes his 10 years as the boss of a bank, reaching the regulatory limit, he has a plan of staying in charge. That plan would go via a holding company (holdco) which ensures he continues to run GTBank via proxy. For that to happen, GTBank Plc has to be de-registered to become a limited liability company while a new company, possibly “Guaranty Trust Holdings Plc” will evolve to become the new public liability company.
Then the boss man will become the CEO of the new public company with a new CEO of GTBank Limited reporting to him. It is a playbook in Nigeria which has been used after the CBN imposed the 10 year maximum limit for bank CEOs. Segun has done a good job and investors welcome this redesign.
But there is a problem: Innoson Motors has gone to court asking the court that GTBank cannot have this transmutation until it pays its alleged N32 billion judgement debt. It looks ugly from there, and using the snail pace of Nigeria’s legal system, Segun could be out of job before this new court case is sorted out.
Read the full document below..
Court To Restrain GTB From Deregistering Itself As A Limited Liability Company.
Press Release
29/11/2020
For Immediate Release.
..As Innoson seeks an order restraining GTB from transmuting to a Private and a Financial Holding Company until GTB pays it over N32Billion Judgement debt
The Supreme Court of Nigeria has struck out GTB’s motion filed to set aside its earlier decision/order made on 27th February 2019 dismissing GTB’s appeal against Court of Appeal judgement of 6th February 2014 in favor of Innoson Nigeria Ltd
Recall that The Federal High Court, Awka Division on March 27th, 2019, pursuant to Supreme Court dismissing GTB’s appeal, granted leave to Innoson Nigeria Ltd to enforce and execute the judgment and Garnishee Order Absolute made by the court coram Shakarho, J at the Ibadan Judicial Division on the 18th of May 2010 and the 29th of July 2011 respectively. This order was concurrently affirmed by the Court of Appeal in the judgment of 6th February 2014 and by the Supreme Court in its judgment of 27th February 2019.
As Innoson Nigeria Ltd commenced the tedious act of the execution, GTB rushed to the court vide its desperate motion on notice seeking orders staying or suspending the execution embarked by Innoson Nigeria Ltd and also seeking orders setting aside the exparte Orders made by the Court granting Innoson leave to enforce the judgment and to issue the processes of executing same.
Whilst resfusing GTB’s application and staying further proceedings the court further held that the order it made on March 27th, 2019 in favor of Innoson Nigeria Ltd granting it leave to enforce the judgment and issue processes of execution of the judgment are valid; also that all the steps taken to levy executions in pursuance of that order are still valid and are not vacated; whilst all the prayers by GTB in its motion of 1st April 2019 are not granted.
GTB however rushed back to the Supreme Court and applied for an order setting aside the Supreme Court’s judgement dismissing its appeal against the above judgement. However, the Supreme Court struck out the motion on Tuesday, November 3rd, 2020.
While Innoson Nig Ltd awaits GTB to come up with a payment plan for it’s over N32Billion Judgement debt, GTB resorted to a scheme of de-registering itself as a public limited liability company and re-registering itself as a private limited liability company and a financial holding company as well. Innoson Nig Ltd, as its creditor, has as a result sued GTB at the Federal High Court and therein seeks the following order of perpetual injunctions:
(a) restraining the 4th Defendant (Corporate Affairs Commission) from deregistering the 1st Defendant (GTB) as a public limited liability company and or re-registering the 1st Defendant (GTB) as a private limited liability until it-GTB- pays the outstanding judgment debt of N32, 875, 204, 984.38k arising from Suit Nos: FHC/L/CS/603/2006 and No. FHC/AWK/CS/139/2012 respectively affirmed by the appellate courts in appeal Nos. CA/1/258/2011, SC.694/2014 and CA /E/288/2013 to Innoson Nig Ltd;
b. an order of perpetual injunction restraining the 4th Defendant (Corporate Affairs Commission) from registering or re-registering the 1st Defendant (GTB) as a holding or financial holding company whether as a public or private limited liability company until it- the 1st Defendant(GTB) -pays Innoson Nigeria Ltd the outstanding total judgment debt of N32, 875, 204, 984.38k (Thirty two Billion, Eight Hundred and seventy Five Million, Two Hundred and four thousand, Nine Hundred and Eight Four Naira, Thirty Eight kobo) arising from suit Nos. FHC/L/CS/603/2006 and FHC/AWk/CS/139/2012 respectively affirmed by the appellate courts in Appeal Nos. CA/1/258/2011, SC.694/2014 and CA/E/288/2013:
c. An order cancelling the 1st Defendant’s (GTB’s) special resolution and or any other of its resolution that it should be deregistered as a public limited liability company and or be re-registered as a private limited liability company and or a holding company until it -the 1st Defendant (GTB)- pays Innoson Nig Ltd the total outstanding judgment debt of N32, 875, 204, 984.38k (Thirty two Billion, Eight Hundred and seventy Five Million, Two Hundred and four thousand, Nine Hundred and Eight Four Naira, Thirty Eight kobo) arising from suit Nos. FHC/L/CS/603/2006 and FHC/AWk/CS/139/2012 respectively affirmed by the appellate courts in Appeal Nos. CA/1/258/2011, SC.694/2014 and CA/E/288/2013:
d. an order setting aside the 3rd Defendant’s (Security and Exchange Commission) No -objection to 1st Defendant’s proposal to be re-registered as a private limited liability company and as a holding or a holding financial company:
e. an order setting aside the 2nd Defendant’s (Central Bank of Nigeria) approval -in- principal granted to the 1st Defendant (GTB) to operate as a holding or a holding financial company.
f. an order of perpetual injunction restraining the 2nd Defendant (Central Bank of Nigeria) from granting the 1st Defendant (GTB) a financial holding company license and or a final approval to operate or carry on business as a financial holding company whether in its present name or as a private limited liability company until it, the 1st Defendant(GTB )pays the Plaintiff(Innoson Nig Ltd) the total outstanding judgement debt of N32, 875, 204, 984. 38k (Thirty Two Billion, Eight Hundred and Seventy-Five Million, Two Hundred and Four Thousand, Nine Hundred and Eighty-Four Naira, Thirty-Eight Kobo) arising from suit Nos. FHC/L/CS/603/2006 and FHC/AWK/CS/139/2012 respectively affirmed by the appellate courts in Appeal Nos. CA/1/258/2011, SC.694/2014, and CA/E/288/2013.
Cornel Osigwe
Head of Corporate Communications and Affairs
IVM Innoson Group