DD
MM
YYYY

PAGES

DD
MM
YYYY

spot_img

PAGES

Home Blog Page 7891

Mobile Payment – The Opportunity is Huge in Nigeria. What You Need To Know

0

It is getting very exciting – mobile payment will be huge in Nigeria. We got this piece from Nairaland.

 

Mobile Payment is a phone-only financial service without formal banking accounts. All banking activities starting from money savings, payments for goods and services, access to cash, etc can be carried out on mobile devices, 24/7. Subscribers of the service can perform wide range of financial transactions using thier mobile phones. Transactions such as:Save Money / Load money on your mobile money account; Move money from bank account to your Mobile money account; Send Money / Transfer to any person; Send Money from Mobile phone account to bank A/C; Withdraw from agents/Cash-out; Withdraw from ATMs/Cash-Out; Request Money: “Send-Me-Money”; Check Balance and statement summary; Change PIN; Buy Airtime (phone recharge) for self or others; Pay utility  bills e.g. Electricity, DSTV, rent etc; Pay for goods in stores.;Pay salaries, etc.

 

 

CBN and NCC are working out the guideline to introduce this innovative service to Nigerians. Operators are waiting for thier licence to commence operation. It is expected that this will revolutionalise the way we carry out financial transactions in this country. It’s already proving a huge success in countries like Kenya, Tanzania, SouthAfrica, Ghana. The main purpose of this service is to provide access to financial services to the un-banked (financial inclusion). Once you have a mobile phone, you can carry out financial service without neccessary having a bank account. This means that the less priviledged can as well operate bank account with their phone!!!

 

 

Their will be business oppurtunities for entreprenuers, job seekers business men and women. Mobile payment operators will need agents who will earn commission for partnering with them in providing this service to the Nigerian population. The agent roles will include the following: To Educate customers about  mobile payment ; Enroll customers to use the service; Be an cash point for withdrawal or deposits for customers, and sell scratch cards loaded with e-money.

Bookneto – A Nigerian Startup? What Does It Do – A Tool To Learn?

1

We have wanted to bring Bookneto to you, but have struggled to know what they do and the impacts. This is what they have on their About page

We built Bookneto so that students, like ourselves, can drive their own learning by interacting with peers from all over the world who share the same courseware. With Bookneto, college students who are often limited to their Professor’s understanding of the material covered in their classes can now expand the breadth of their knowledge and perspective by interacting with their peers from different schools, all over the world. Our vision is to contribute significantly to the global effort to fix education by letting students help each other drive their own learning.

Yet, the mission is still a bit opaque. But good enough, they asked the same question on their blog.

Hi Everyone,

It has been such a long time since we last wrote anything here. As you can probably tell, we have been a hell of a lot of busy these days building the world’s best study tool for you.

Now, this post is to more specifically introduce you to Bookneto and show you a little bit about what we do and why it is important for the future of Education.

The truth is, when we started Bookneto, we did not know what it would do. All we knew was that we wanted it to solve some or all of the big issues students currently have with learning online especially as far as digitally accessible academic material is concerned. So we started building and brainstorming, asking questions and trying to determine, what are the most pressing problems for students and educators alike that we can solve with 3 months of development work and some of the smartest and best talent the University of Waterloo has to offer?

What resulted (and is still a work in progress) was Bookneto, the world’s best study tool.

What does Bookneto do?

People say this is a Nigerian startup. Can someone provide evidence. The About page has nothing Nigerian and there is no physical address.

The Name Kobo Trademarked for Canadian e-reader

0

It was a kind of a surprise.  We were in Yahoo email when we saw an e-reader with the name Kobo – and the interesting aspect is that it is named Kobo. And that Kobo is trademarked. Is Kobo not the Nigerian lower currency? Does it mean that this product cannot move in Nigeria where we are sure all of us will violate the trademark since we use Kobo every day.

 

The Kobo eReader is an e-book reader produced by Toronto, Canada, based Kobo Inc. The original version was released in July 2010 and was marketed as a minimalistic alternative to the more expensive e-book readers available at the time. As of March 2010, fifty-eight percent of Kobo Inc is owned by Indigo Books & Music.Like most e-book readers the Kobo uses an electronic ink screen. (wikipedia)

Facebook Ad Algorithm Redesigned – Now More Adaptive and Realtime

0

If you have been using Facebook for posting and messaging, you would have noticed a change in their ad algorithm.  Now, as you type, most times, the ads will be changing based on the content of your post or message. It has become real-time and dynamic. The implication is that it has become more effective.

 

Try to send a message to someone and just include Brazil, you will notice immediately an ad from Brazilian government bouncing. Try with other sentences; you will observe an immediate change. This may not be live – we observed it 2 pm Nigerian time yesterday. Perhaps they just tested it and might have pulled the plug.

 

Previously, the ads used to load – of course faster than the browser load rate – before you arrive at the site. Irrespective of your activity, the ads will appear but not intuitive or immediate. Random ads related to your profile and IP will show, but none ever tracked the contents of your present activity.

 

This is the type that will get Congress to ask some geeks to visit Washington.

Educate Or Become a Lost Sailor – The Dilemma of Contemporary Students

0

These are some of the most pressing issues affecting students.

Employment opportunities upon graduation

Quality and affordable education

Technology disruption and impacts on career

 

Quality and affordable education


Many students are concerned on the quality and affordability of their education. According to many government statistics, many schools have or intend to increase tuitions to offset budget cuts by federal and state governments.  As the schools are increasing tuitions, they are also reducing some services.  Under this scenario, these students are concerned that they are not getting the best under historical benchmarks. Generally, the students graduate with more debts and are forced to do so despite having fewer available courses to choose as most schools are cutting staff.

 

From the debt-ridden states to private institutions in the United States, university education has become increasingly expensive. And unfortunately, that higher tuition does not positively correlate with higher earning power after graduation. So, US students spend more to get diplomas that reward lesser because of the devaluation through globalization which tends to favor those in emerging economies. For schools in most developing economies, tuition is also rising and unemployment is also high since the rate of job creation lags the graduation rates.

 

From Nigeria through Argentina to US, most students have quality and affordability challenge of pursing their bachelors and post-graduate studies.

 

That challenge is real because technology is changing all aspects of human commerce and culture. There are competitions everywhere and globalization makes it difficult to rely on the old classical economic theories where students compete within national boundaries for careers and opportunities. In a globalized world, they will face many students from other nations where in most cases their governments provide free education. So what happens is that debt burden influences a plan to pursue after graduation. Making money to start paying debt may deny them an option to start new companies. Going into relationships with piles of debts at high interests worries them.

 

Fortunately, in the midst of this challenge, most of the students have come to discovery. And that realization pushes a need for them to become managers right at college and stewards of their finances in a competitive and disruptive marketplace like the 21st century. As they have already known: not going to school is not a good option and the concerns while genuine about affordability must be managed.

 

And that is the new world. Educate or become a lost sailor.