This is the most consequential inflection point in all the plots in Nigeria which have been flipping. Simply, the next generation of Nigeria could be poorer than the current one. Of course, I am not sure the current generation is eating salad and enjoying ice cream with fanta! Our amala, nkwobi and zobo remain our level (lol).  Seriously, Nigeria is running out of luck with international market for borrowing, and the Central Bank of Nigeria (CBN) has been financing government. The 2016 recession caused massive dislocation and changed the equilibrium of things: the CBN loan to federal government of Nigeria… The post The Scary Inflection Point on Nigeria’s Borrowing appeared first on Tekedia.

African parents, please stop sending your kids to friends and relatives! I have written this article on behalf of the young generation. When you see what’s going on in the African community, you will be moved to tears. I had the pleasure of speaking with a young girl that hawks on the street. Ayo is a 17-year-old girl who lives with her parents in Ibadan. She shared her story with me and how her parents pushed her into a home that ended her dreams. In our conversation, she revealed how the poor financial state of his parents made them send… The post Stop Sending Your Children to Friends and Family Members to Help Raise Them appeared first on Tekedia.

I have never doubted the value of experience, and I am not hoping to do so anytime soon. They say it’s the best teacher. I learnt not to put my hands in fire because I got burnt the first time I tried to do so. Infact,  many of the things we do today was learnt after we must have tried so many times, just like walking for instance. So experience is good, but still… There are many economic and age related issues, making it more difficult for  younger workers to break into the current job market. Many think they lack… The post These Are Reasons Why Young People Deserve Opportunities During Hiring appeared first on Tekedia.

After months of partial experimental closure of Nigerian land borders, the Nigerian Government has decided to close them totally. The decision to shut the borders completely came after the Nigerian Custom Services claimed it is generating more revenue from the seaports as a result of the closure. In a recent meeting with the National Assembly’s Committee on Finance and National Planning, the Comptroller General of the Nigerian Custom Service, Hammed Ali, praised the initiative. He said that it has opened an unexpected economic door to Nigeria. “There was a day in September that we collected N9.2 billion… it has never… The post The AfCFTA and the Nigerian Closed Borders appeared first on Tekedia.

The Infrastructure Concession Regulatory Commission believes that  Nigeria has about 195,000 km of road network. About 32,000 km out of these are federal roads, and 31,000 km are state roads. In total, we have  about 60,000 km paved and the remaining 135,000 km are untarred. Most of which are in a state of disrepair. When two cities in two different states of the country are linked up by a road, that road is considered to be a Federal Road. This is a very broad definition that could get things complicated along the line. When I see a long  expressway where… The post How Toll Gates Can Help Road Maintenance in Nigeria appeared first on Tekedia.

Data protection law has been gaining ground in Africa over the past 20 years. Today, out of 54 countries, 25 have passed data protection laws, the latest countries being Uganda, Nigeria and Egypt. Other countries have introduced data protection bills which are under discussion or waiting to be on the legislative agenda. Regional legislative framework […]

Co-creation Hub’s network of technology centres is shaping into an innovation galaxy. At their design lab in Kigali, product designers and engineers are applying emerging technologies across multiple disciplines, from healthcare to governance. In Kenya, the newly acquired iHUB bolsters the company’s support and strategy architecture. While they add to cumulative innovation capital on the […] The post Why CcHUB’s edtech centre could be pivotal for education in Nigeria appeared first on TechCabal.

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa Everybody is subject to a few background checks throughout an average life, but it isn’t the kind of occurrence that’s common enough that we’d know how to do it by rote. Chances are the person who needs to know the most about background checks is working in a professional capacity. Background checks at various degrees […] How To Run A Background Check On Someone Innov8tiv.com

I will be speaking in Turkey’s leading and most influential economic summit – the Uludag Economy Summit (UES) in March 2020. I accepted the invitation of this week. You can learn more, from MIT Media Lab … A week after, it would be Amsterdam but for a closed gathering, hosted by a global microelectronics company. We will be talking hard technical things on circuits and systems, not economics and markets. Uludag Economy Summit, the most important business and economics meeting of Turkey, has been organized by Capital, Economist, and Start Up magazines since 2012. Every year, the Summit hosts substantial… The post I Have Accepted to Speak in Turkey’s Uludag Economy Summit, March 2020 appeared first on Tekedia.

I went to ESUTH University Teaching Hospital, Park-Lane, Enugu (popularly known as Park-Lane) recently. I got to the hospital shortly before 10 am and went straight to their NHIS records office so I can get my folders and go to the General Out-Patient (GOP) Unit to seek a doctor. When I got there (the Park-Lane NHIS records office), the crowd I saw that were waiting to be attended to was much. I felt discouraged. I was given a sheet of paper to write my name and wait for my turn, which will be according to my serial number on the… The post A Call for Nigerian Government-Owned Hospitals to Go Digital appeared first on Tekedia.

As we celebrate the World Food Day today, I have the pleasure of interviewing the manager of Afrifarm and Seeders Venture. She talked about creating your own business even when everything is at your disadvantage. You will always find a way to live your dreams. It’s good to have you here. Can you please introduce yourself to our readers? ”My name is Joy Tope Akintan, and I am the farm manager of Afrifarm and Seeders Venture.” Where do you hail from? ”I am from Ondo state but I reside and do our business in Otukpo, Benue state.”   Wow, that’s… The post I Started With 8 Snails In A Bowl But Today I Have Over 5000 Snails. The Diary of an Entrepreneur – Joy Tope Akintan appeared first on Tekedia.

Nigeria has a category-king banking institution. GTBank has demonstrated an enviable level of fiduciary responsibility on the efficiency and utilization of the factors of production in banking. The Q3 2019 unaudited financials continue the trajectory of great operating results. I am not necessarily looking at the profitability since a bank making money in Nigeria does not mean the management is smart: the Central Bank of Nigeria policy guarantees banks good profits.  Yes, if you keep selling treasury bills at close to 14%, no bank will border to take risks on entrepreneurs and companies when 14% annual return is assured at… The post The GTBank’s Q3 2019 Results appeared first on Tekedia.

A lot of the things we do is actually a game of numbers, and this could depend on how the odds stack up in your favour or against you. So in making some basic life or career decisions, it may be important to understand the chances you have from the very beginning. So it wouldn’t be out of place to consider the availability of opportunities in that specific field in your immediate environment. I met someone years back who had to choose between studying  Information Technology and Civil Engineering as he was offered admission in both. He asked a couple… The post What You Need to Know About Passion and Opportunities appeared first on Tekedia.

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa FPGA is the abbreviation for Field Programmable Gate Array. Quite a complicated term, right? Well, in layman’s language, an FPGA is basically a physical circuit that you can use to program various logical operations. An FPGA is also an IC, also known as an integrated circuit. An IC comprises of several circuits on-chip. These sets […] How To Choose An FPGA Development Board Innov8tiv.com

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa People are always online these days – they use the Internet to connect with their friends, post photos in social media, play games and most of all, use the internet for online shopping. Thus, it is an advantage for a business to have a website wherein they can reach their target audience. It does not […] 5 Helpful Tips on How to Start an Online Site for Your Business Innov8tiv.com

Innov8tiv Innov8tiv - Blacks In Technology in USA, UK, Caribbean Islands & Africa A random number generator is often referred to as an RNG. A random number is selected from a pool of unlimited or limited numbers with no pattern capable of being predicted. The numbers in the pool are usually independent of one another. There may be a specific distribution to the pool. A good example is […] How Do Random Number Generators Work? Innov8tiv.com

In 2018, the worth of the Facilities Management industry was $34.65 billion globally and projected to reach $59.33 billion by 2023, growing at a CAGR of 11.4%. The same year, Nigerian market was $3.3 million and $1.4 million for public and private sectors respectively. Many factors have been adduced for the global and national growth in recent times. Sources indicate that the increase in sustainable infrastructure, the need for connecting workplaces and to enhance the lifecycle of critical facilities have been the main drivers of the growth. Growing in compliance to environmental and regulatory standards have equally been cited. Like… The post How Nigerian Facilities Management Companies Can Organise for Global FM Standards Certification and Localisation appeared first on Tekedia.