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Nexford to Empower Entrepreneurs in Nigeria

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  • Nexford to Empower Entrepreneurs in Nigeria

Nextford University has concluded plans to empower entrepreneurs and owners of businesses in Nigeria.

This, the next-generation university said, would help grow the economy of Nigeria.

Nexford’s Country Manager, Nigeria, Olamidun Majekodunmi, made this known on Monday.

She said there would be an Open Day on September 21 at Oriental Hotel in Lagos for the entrepreneurs to showcase their ideas.

The Open Day, themed ‘Entrepreneurs Breaking Barriers’, would see entrepreneurs winning scholarships and funds for their businesses.

According to Majekodunmi, Nexford is equipping entrepreneurs to reduce unemployment crisis in Nigeria.

She said, “United Nations projects that Nigeria will be the third most populous country by 2050 with nearly 400 million people. We can’t create jobs fast enough to meet this demand of the labour force. Empowering entrepreneurs to create the jobs of the future is the only way out of Nigeria’s unemployment crisis.

“Nexford university operates a ‘glocal’ model with a curriculum that is globally relevant but also locally tailored. The MBA final project allows learners to focus on their local business in their immediate environments and also allows students to graduate in Washington DC and access their global network.”

While emphasising its passion about empowering entrepreneurs, the university said in a statement, “Nexford is a next-generation university passionate about forward-thinking entrepreneurs thinking about the future. The university recently launched a $200k startup funding for its graduate earning undergraduate degrees in business or Masters in Business Administration (MBA) on an entrepreneurship track.”

The statement also read, “The university has also announced the date of its next Open Day on September 21 at Oriental Hotel in Lagos, and themed around entrepreneurs breaking barriers.

“Entrepreneurs will have the chance to pitch ideas at Nexford’s Open Day and win scholarships and funding for their businesses. Registration is free at nexford.org/lagos.”

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Education

FG Abolishes 18-Year Age Benchmark For Admission Into Tertiary Institutions

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The new Minister of Education, Tunji Alausa, has abolished the controversial 18-year admission benchmark for tertiary institutions in the country.

This is coming as the minister indicated interest in reviewing the nation’s education policy.

However, Alausa stated that there would be no reversal of the Federal Government’s decision to void over 22,700-degree certificates obtained by Nigerians from some “fake” universities in neighbouring Togo and the Benin Republic.

Alausa spoke on Tuesday at his inaugural ministerial press conference in Abuja.

He stated that practical education will help to address the unemployment situation in Nigeria, as tertiary institutions will not continue to churn out graduates every year without providing jobs for them.

He disclosed that the Federal Government will collaborate with private sector operators to train students in order to discover and unleash their potential.

Alausa added that universities of agriculture will be empowered to adopt commercial farming practices to combat food insecurity.

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Outrage in Equatorial Guinea: Government Restricts WhatsApp Multimedia Sharing Amid Scandal

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There is outrage in Equatorial Guinea as the government restricted its citizens from downloading and sharing multimedia files using mobile data on WhatsApp.

This decision followed the guidelines that the country’s government gave to telecommunications operators when it urged them to implement measures to restrict access to inappropriate content.

The country’s Director General, National Financial Investigation Agency, Baltasar Engonga, has been involved in a sex scandal involving the wives of notable people in the nation.

The scandal emerged in the course of a fraud investigation against the 54-year-old economist which resulted in the search of his house and office on impromptu notice by ANIF officials who came across several CDs that later revealed his sexcapades with different married women.

It was reported that the over 400 videos include encounters with high-profile individuals, such as his brother’s wife, his cousin, the sister of the President of Equatorial Guinea, the Director General of Police’s wife, and about 20 of the country’s ministers’ wives, among others.

The footage, discovered in his office, was said to have been recorded with consent and has since been leaked online, causing a media uproar.

But, in a new development on Tuesday, it was reported that the citizens have been lamenting their inability to share photos, videos, and audio when using a mobile data connection, leading users to rely exclusively on WiFi networks to share such content.

Sources revealed that the restrictions have been affecting business and academic activities in the country.

Citizens wonder why the actions of a few individuals would result into holding thousands of other innocent ones hostage.

Earlier, the Vice President of Equatorial Guinea, Teddy Nguema, announced plans to install surveillance cameras in all state body offices.

This sweeping measure is part of an ongoing effort to ensure strict adherence to public service laws and combat misconduct among officials.

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Education

NCC Confiscates ₦23 Million Worth of Pirated Books During Bookstores Raid In Uyo

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The Nigerian Copyright Commission (NCC) on Saturday, November 2, confiscated ₦23.1 million in pirated books from local shops, including Academic Needs and Zion Bookshop during a raid in Uyo, Akwa Ibom State.

The raid was by the Deputy Director of Operations, Mr Macfoy Akachukwu, representing the NCC Director General, Dr. John Asein.

Akachukwu, who stated that the raid was a significant operation to combat the rampant sale of pirated books, listed the books seized during the raid to include: Basic Civic Education by Dr Merry Ukaegbu, Spectrum New Further Mathematics by T.R. Moses and Essential Christian Religious Study for Senior Secondary Schools by Orovwuje B.O and Okolie E.U.

Other books included Macmillan Brilliant English for Junior Secondary Schools by Wale Ossianwo, New General Basic Science for Junior Secondary Schools by S. Ajayi, New Oxford Secondary English Course for Secondary Schools by Ayo Banjo and New Concept Mathematics for Senior Secondary Schools by H.N. Odogwu among others.

Major publishers affected by the raid included Evans, UPL, Lantern, Longman, TONAD, and Pearson among others.

According to Asein, the operation is important as it was part of a nationwide initiative to protect authors’ rights.

“What we have done is part of the commissions mandate to protect and promote the rights of authors and other genuine investors in the copyright book industry,” he stated.

He reaffirmed that the NCC is committed to “eliminating the sale of pirated works and to establish a robust copyright framework in Nigeria”.

Asein emphasized that authors deserve to benefit from their creative work and not run into financial losses because of piracy.

“It is our duty to ensure that authors get rewards for their creative work. I have under my watch, zero tolerance for piracy and infringement of Copyright Laws,” Asein said.

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