DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 7100

Buhari New Appointments – Central Bank of Nigeria (CBN), Polytechnics, Education

0
Buhari New Appointments
Mr. Buhari, President of Nigeria

President Buhari approved the renewal of the tenure of three chief executive officers, four new non-executive directors of the Central Bank of Nigeria, CBN, and two new Chief Executive Officers for some federal agencies, as follows, Premium Times reports.

(a).      Renewal of Appointments:

1 Federal Polytechnic, Unwana Afikpo, Ebonyi State Dr. Ogbonnia Ibe-Enwo Rector Second and final term of Four (4) years, with effect from 7th August,2018
2 Federal Polytechnic, IIaro, Ogun State Arc. Olusegun Olarenwaju Aluko Rector Second and final term of Four (4) years, with effect from 25th September, 2018
3 National Institute of Construction Technology, Uromi, Edo State Engr. (Prof) SundayOhousi Onohaebi Rector Second and final term of Four (4) years, with effect from 25th July, 2018
  1. New Appointments:

(b).     The new appointments are:

S/N ORGANIZATION APPOINTEE DESIGNATION EFFECTIVE DATE
1 Central Bank of Nigeria (CBN) Adeola Adetunji Non-Executive Director pf the CBN Initial Period of Four (4) years, with effect from 7th June, 2018
2 Central Bank of Nigeria (CBN) Prof. Mike I. Obadan Non-Executive Director of the CBN Initial Period of Four (4) years, with effect from 7th June, 2018
3 Central Bank of Nigeria (CBN) Prof. Justitia Odinakachukwu Nnabuko Non-Executive Director of the CBN Initial Period of Four (4) years, with effect from 7th June, 2018
4 Central Bank of Nigeria (CBN) Prof. Ummu Ahmed Jalingo Non-Executive Director of the CBN Initial Period of Four (4) years, with effect from 7th June, 2018
5 University of Ilorin Teaching Hospital Prof. Abdullahi Dasilva Yusuf Chief Medical Director Initial Period of Four (4) years, with effect from 19th June, 2018
6 Federal College of Education, Eha-Amufu, Enugu State Dr. (Mrs) Pauline N. Ikwugbu Provost Initial Period of Four (4) years, with effect from 19th March, 2018

Beyond CVs and Profiles – Webinality is Critical for Jobseekers and Consultants

1
digital personality 2

If you are running a consulting business, your digital personality footprint is very critical. You win customers and audition for jobs even when there is none before you. It is called thought-leadership. It means you must work to be known for something. It demands domain messaging over rambling across topics. Are you known for tech/business thought-leadership or someone that writes on business, technology, gender women rights, sports, politics, medical activism, etc? Indeed, any topic online makes it to your feed.

People who make decisions on where to spend money want consistency and certainty. They want to come to your feed expecting to see a sustained messaging. When I hired our first team member in our Design Center in Nigeria, it was through Facebook when I was there. Somehow I saw his posts and we connected. For over 4 weeks, he (largely) only posted things on embedded systems/electronics. Nothing else bothered him; he was simply into electronics. He is now our Electronics Business Engineering Manager. He would do his job even if no one pays him – he really likes electronics.

That connects to those looking for work. You cannot be a great Business Strategist if a search in your name cannot turn up an article on that. That webinality (your digital personality) is what many would look to hire you. While your CV remains important to connect in some cases and perhaps apply for jobs, when it comes to some experienced jobs, many would expect to see what you have done in the past.  They typically check online.

The following are some suggestions on how to build a professional online persona:

Presence: Open at least one social media or blog account.

Specialize: Define an area of interest and build around it. A five-minute online search should reveal what you represent. You need to differentiate yourself and showcase your core skills and unique capabilities to potential hiring managers.

Accuracy: Always remember that once that post goes online, you may not control who sees it. Make it accurate – always, otherwise, you will destroy your persona.

Comprehensive: While blog should be short, once in a while, develop comprehensive articles in your field and post them online. It could mean expanding a class project you worked on, adding more contents, and fully proving your expertise. Half-baked contents will not take you too far.

Judgment: What you post or share online defines who you are. Your profile defines your values, interests and reliability. For employers, they want reliable team leaders and you must not offer less in your web personality.

Vertical Integration: Seek to connect with people ahead of you professionally while building a horizontally network.

Generosity: Share and exchange good ideas. Invite people to your network and be generous to promote good ideas from others. Write professional reviews on books, journals and articles. In no distant time, people will reward you.

Policy Matters: If you are working, ensure you adhere to policies on using the company’s name online. There is a threat that you could be a source of data leakage that can hurt a place you work. Your profile must not be another portrait of your employer – you must be wise to separate both, where necessary.

Continuity: Professional online branding is a continuous work-in-progress that requires constant tune-ups of networks, contents and profiles. It must be constantly nurtured.

For consultants, it is largely a requirement that the entity or person has demonstrated thought-leadership in a specific area one is seeking advisory opportunities. Big name consulting firms do just that if you check their websites.

For you – the small player – your blog integrated in your company website could be it. I have suggested that beginners should have a web space (we have support in case you need a free web hosting). We want you to improve your digital personality: it does unlock opportunities even when you are not paying attention. With no ambiguity, it would help your consulting and job-seeking endeavors, if you manage it professionally.

Webinality = Web + Personality

[APPLY] VC4A Unveils Funding for African Startups – $250K to $5M

0
VC4A Funding

APPLY.

VC4A  is calling for disruptive African scale-ups looking to raise between $250K and $5M. An exclusive Series A Venture Showcase will take place in Cape Town on November 12, 2018, as part of the annual Africa Early Stage Investor Summit.

The 2017 event showcased 20 scale-ups as part of the Africa Early Stage Investor Summit, resulting in a number of Series A deals totaling over $12M. Building on this success, the ‘VC4A Venture Showcase – Series A’ positions deal ready companies as a central component of the annual meeting of Africa investors. This is an exclusive opportunity for selected entrepreneurs to introduce their companies at once to everyone who’s anyone in Africa’s early-stage investment space.

VC4A works closely with the Africa investment community to refer candidates to the showcase, involving investors in both the screening and selections process. Participating investors work with the selected companies to prepare their participation in the showcase, and to ensure the companies are representative of the best investment opportunities coming up from across the continent. The showcase sets the stage for deal making with Africa’s leading entrepreneurs and investors coming together to scale up the best companies.

The summit brings together the leading angel networks, VC funds, impact investors, accelerators, corporate venture divisions, industry associations, and public sector agencies. The 2017 edition welcomed over 300 investors from prominent African angel networks and VC funds, such as Singularity Investments, Accion, Knife Capital, Ventures Platform, TLCom Capital, Blue Haven, 4Di Capital, Lagos Angel Network, SABAN, AngelHub Ventures, Teranga Capital, Outlierz, Algebra Ventures, Grey Elephant Ventures, Ringier, GSMA, Orange Digital Ventures.

Selected entrepreneurs get all expenses paid trip to Cape Town on Nov 9-16 to deliver their pitch on the main stage of the Summit and engage with interested investors during the deep-dive sessions. The program offers two days of networking opportunities at the Summit, including the Speaker Cocktail and Industry Leaders Dinner, as well as opportunities to attend and pitch at partner events AfricaCom (https://TMT.Knect365.com/africacom) and AfricArena  (https://AfricArena2018.com)

Interested entrepreneurs are invited to apply HERE (https://goo.gl/ZxnqJabefore August 20th. 

Nigerian State Wants the “Anti-Corruption” Tool of LinkedIn Nation

0
anti-corruption tool

When I became the President of the LinkedIn Nation (lol), I presented my inaugural presentation to the nation. Some components of that speech have gotten some of the decision makers talking.  Few weeks ago, a state government wrote that it would like to have more details on the Pillar 1 – Anti-Corruption & Business Reform.

What I shared publicly (the procurement fraud) was a small component of a comprehensive national framework on how to deal with corruption in Nigeria. I am confident that making systems human-agnostic with unrivaled transparency would significantly reduce corruption. And prevention of corruption over just focusing on prosecution would be catalytic.

For this state government, in a preliminary framework, we have noted that the state must examine how it could build a state equivalent of EFCC but with focus on corruption-prevention by looking at corruption incidents and refining constantly the state processes and systems to close them in near-real-time. And interestingly, even the Government House and security votes would not be exempted.

Our laws and systems on corruption have focused too much on prosecution; we need to invest on prevention. Also, the outcomes on prosecution have not been stellar because of legal loopholes. If we deepen our efforts on prevention by researching and investing on it, we would not just improve the systems but eliminate the pains upon the citizens emanating from corruption, because we would prevent it.

Pillar 1 – Anti-Corruption & Business Reform: We will build a corruption-free nation where it would be extremely impossible to perpetuate corruption because technology will make things obviously transparent. All government systems must be structured to be corruption-resilient so that people that want to perpetuate corruption will fail. We will publish any government expense that is more than N10 million in a web diary which all citizens will have access to. This applies to all levels in the federal government, from ministries to agencies. For national security reasons, a segment will be available to the civil society and accredited press team. Our government will improve business systems and make doing business in our nation easier.

The State of Nigeria Mobile Operators: MTN Nigeria, Airtel Nigeria, Globacom, 9mobile

0
Nigeria mobile operators

The following are the four main Nigeria mobile operators:  MTN Nigeria, Airtel Nigeria, Globacom, 9mobile. Asoko Insight, a consultancy, has studied these firms; I present a summary of the results.

Nigeria Mobile Operators

According to the Nigerian Communications Commission, the total number of mobile subscriptions stood at 237.6 million in January 2018. MTN Nigeria’s market lead has decreased in recent years; from 2013 to 2018 the company lost 6% of its subscribers. The company disconnected around 5 million subscribers in early 2016 following suspension of its services by the regulator. Meanwhile Globacom and Airtel Nigeria have seen steady gains: Globacom accounts for 38.2 million subscribers, up 47% from 2013, while Airtel Nigeria has 38.3 million subscribers, up 54% over the same period. Subscribers of 9Mobile (formerly Etisalat) declined going into 2017, on the back of the company’s debt default.

Nigeria Mobile Operators
Source: Asoko Insight

Nigerian Communications Commission data indicate that MTN Nigeria, the country’s largest telecom player, has seen a drop in market share since 2013, from 45% to 36% of total subscriptions in 2018. Smaller players have also seen shrinking subscription figures: 9Mobile (formerly Etisalat) lost 2% market across the same period. However, Globacom gained 5 percentage points during the same period, and Airtel Nigeria saw similar growth.

source: Asoko Insight

 

Airtel Nigeria and MTN Nigeria Revenue

Airtel Nigeria’s total revenue increased by 22% from 2012 to 2016 reaching a high of $783 million at the end of the recorded period. (Airtel Nigeria 2017 revenue is unavailable.) MTN Nigeria’s revenue has been in steady decline since 2014, having fallen by 33.3% to reach $2.99 billion at the end of the period. Company statements identify the difficult economic environment, competitive data pricing, and regulatory uncertainty as the core drivers of the decline.  Recent report suggests revenue is on the up going into 2018.

Source: Asoko Inight