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9 Right Ways to Take Risks

Risks are a part of life you can’t avoid, especially if you want to be successful. As a result, you have to learn the secrets of taking risks that will help you yield the best results. Jumia Travel, the leading online travel agency, shares 9 of these secrets to help you learn to take risks the right way.
Weigh the Risks and Benefits
Before taking risks, you have to ask yourself if the risk is worthwhile. You should consider and understand how much a risk taking ventures involves and its potential benefits. Always compare the possible consequences to the possible benefits of the risk to determine if the risk is worthwhile to you.
Be Realistic About What Could Go Wrong
You should remember that it is possible for your risk not to pay off and you should thus put the consequences in perspective. You should be sure you can deal with these consequences before moving forward with the risk.
Never Put Everything on the Line
This might seem counter-productive, but taking risks does not translate into recklessness. You have to be smart about it. Avoid over stretching yourself in the name of taking risks, and avoid putting all your time or cash into one venture, the odds of ruin are just too high. Always have a ‘safety net’ and a plan B for if the risk fails.
Always Have a Plan B and Even C
This can sincerely not be over-emphasized. You should always prepare for and think of a way out of or a way to deal with any negative consequence of your risks. Please do not take risks that end up leaving you trapped in unhealthy or inhumane situations. Always plan a way out or a way to deal with the consequences before-hand. It doesn’t have to be something so elaborate; it can be as simple as thinking of and having someone to go to if things go south.
Think For Yourself
You are the one taking the risk, it is therefore only appropriate that you learn to think for yourself and use your common sense to reach a conclusion before moving forward. You can listen to others advice and opinions or contributions, but ultimately the decision to take the risk should be yours and should be based on your judgement and assessment of all circumstances involved. If you feel you can’t trust your own judgement, seek the face of someone whose judgement you trust.
Take One Risk at Time
This goes without saying. You can go ‘big’ but don’t go ‘overboard’; this should be your rule for taking risks. Taking more than one risk at time is like being a woman who decides to wear bold makeup with bold jewelry, sky-high heels and a sequined shinny dress all at once. You’re going overboard and like the woman, you’re more likely to fail in risk taking.
Know Your Limits
Before taking risks, you should adhere to some personal guidelines. You should understand how much you are willing to tolerate and what will cause you to stop or back out completely from the venture. Adhering to safety standards that are comfortable for you, is what will keep you ‘alive’ during the ‘dangerous’ and ‘uncertain’ periods of your risk taking venture.
Remember that Risk Taking is Relative
Everyone has different tolerance to risk taking; you should therefore never compare your risk taking tolerance to that of another person. You can push yourself beyond your comfort zone, but never do so beyond what you can handle if things go wrong.
Be Positive
Once you’ve judged a risk as worthwhile, have planned a reasonable way to go about the risk taking venture and have prepared the appropriate safety net, try to be positive and picture everything going well. Positive thinking will help you build the confidence you need to go through the risk.
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IMF Sees 4% AI Growth Boost for Africa

Accelerating artificial intelligence (AI) adoption could increase Africa’s GDP by up to 4% over the next decade, according to the International Monetary Fund (IMF).

In a report released on Tuesday, titled Africa Can Grow Faster With AI—If It Moves Now, economists from the IMF’s Africa Department say current levels of AI adoption and utilisation are expected to contribute just 0.2% to the region’s GDP over the next 10 years.
However, the report says stronger adoption, supported by the right infrastructure and policies, could raise the economic impact to about 4% by extending AI beyond today’s digitally connected firms.
Martin Schindler and other IMF economists say: “AI adoption in sub-Saharan Africa currently lags well behind every other region. If richer economies race ahead while African firms and governments lag, the productivity gap between the region and the rest of the world will only widen.”
Early signs of AI adoption are emerging across Africa, with countries including Zimbabwe, Kenya, Egypt and Nigeria developing AI strategies.
Telecommunications operators, including Vodacom, Econet, Africell and MTN, are also integrating AI into their operations and networks.
Other examples include chatbots supporting teaching and learning in Nigeria and the South African Revenue Service’s use of data analytics for targeted tax audits.
However, the IMF says AI adoption must extend beyond these early use cases to deliver meaningful economic benefits.
“For the region, AI’s main promise is not about replacing office workers, but boosting productivity across the economy—helping informal firms manage inventory, enabling farmers to increase yields, and supporting mid-sized firms to transition to formality and export readiness,” the report reads.
The IMF is urging governments to prioritise investment in reliable electricity, affordable broadband, data infrastructure and digital skills to support wider AI adoption.
Many African countries, including Zimbabwe, Kenya, Ghana, Nigeria and Cameroon, continue to face electricity shortages, while broadband services remain costly and coverage is uneven.
The Fund believes stronger investment in power, connectivity, regional data infrastructure and digital skills would help unlock AI’s economic potential.
News
NPC Opens Nationwide Digital Birth, Death Registration Platform

National Population Commission (NPC) has commenced the nationwide digital registration of births and deaths under the Electronic Civil Registration and Vital Statistics (E-CRVS) system to strengthen legal identity management and improve demographic data.

Speaking at a press briefing in Lokoja on Tuesday, Mr Afolabi Yori, federal commissioner representing Kogi, said the initiative became operational nationwide on July 1, through the VitalReg platform.
Yori described the development as a landmark in Nigeria’s civil registration system, noting that it would modernise birth and death registration through a technology-driven platform that meets international standards.
He said the digital platform would improve service delivery, strengthen data integrity and ensure that every birth and death occurring in Nigeria was accurately documented and securely stored.
According to him, civil registration is more than an administrative process, as it provides reliable statistics that support public policy formulation, resource allocation and national development planning.
“Nigeria records an estimated five million births annually, yet millions of births and deaths remain unregistered.
“Birth registration coverage currently stands at about 57 per cent nationwide, while death registration remains below 20 per cent,” he said.
The commissioner said that the commission had established 4,011 functional registration centres across the country’s 774 local government areas and was working to expand the number to about 8,000.
He added that the commission was strengthening collaboration with stakeholders to improve the capacity of registration personnel and ensure prompt documentation of vital events through the VitalReg platform.
Yori said the platform would provide faster registration services, 24-hour online access, digital certificate issuance where applicable, and reduce paperwork, waiting time and unnecessary travel.
He disclosed that the platform was being operated under a Public-Private Partnership with Barnks-forte Technologies Ltd. as the commission’s technical partner to ensure system availability, cybersecurity and continuous technological improvement.
He called on parents, healthcare institutions, traditional and religious leaders, civil society organisations, development partners and the media to support the initiative by encouraging the prompt registration of births and deaths.
Earlier, Samuel Omonakpeme, director in Kogi, NPC State, described the commencement of the digital registration system as another milestone in efforts to strengthen Nigeria’s Civil Registration and Vital Statistics system.
Omonakpeme stated that the initiative aligns with the Federal Government’s digital transformation agenda and the Sustainable Development Goals, particularly Goal 16.9, which seeks to provide legal identity for all.
He appreciated the Federal Government, the leadership of the commission, UNICEF and other development partners for supporting the implementation of the initiative.
The state director also urged parents, guardians, health institutions, community leaders, religious organisations and the media to mobilise public support for the timely registration of all births and deaths.
The News Agency of Nigeria (NAN) reported that ICT personnel of the commission, led by Ehimoni Kolawole, conducted a live demonstration of the digital birth registration process using the VitalReg platform.
The demonstration showed that the registration process captures the biodata of both parents, while at least one parent must possess a valid National Identification Number (NIN) to complete the registration of a newborn.
News
YEDC Warns Customers, Says 20 Percent Electricity Bonus is Scam

Yola Electricity Distribution Company (YEDC) has alerted its customers to a fraudulent message circulating on social media, falsely claiming that electricity consumers can receive an additional 20 per cent bonus units when recharging their prepaid meters through unofficial channels.

In a statement issued by the company’s management on Monday, YEDC described the claim as false and urged customers to disregard the misleading information, stressing that it did not originate from the company.
According to the statement, YEDC does not offer bonus electricity units through individuals, agents, personal bank accounts, phone numbers, or social media contacts.
The company advised customers to purchase electricity tokens only through approved cashless payment platforms, including the YEDC Pay App, OPay, Interswitch, and other authorised vending channels, or to visit the nearest YEDC office for assistance.
YEDC also cautioned customers against sharing their meter details or personal information, or making payments to unauthorised persons claiming to represent the company.
The company further urged customers to rely exclusively on information disseminated through its official communication channels to avoid falling victim to fraud.
The management thanked customers for their continued cooperation and reaffirmed its commitment to serving them.
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