E-Business
Begho, Atul Charge Startups to Prioritize Building a Brand

Young Startups have been tasked to focus on building reputable brands and creating value in business rather than striving to make money as their priority.
With the general mindset of making money being the current major focus of most up and coming entrepreneurs, speakers at the CFA’s Startups Hangout for the March Edition are of the opinion that creating value and building brands remains the critical factors for achieving sustainable business growth.
Addressing entrepreneurs at the event, Nkemdilim Begho, CEO, Future Resources Software Limited, stressed that creation of value in a business, as well focusing on how to build the brand should be the primary objective for Startups.
Begho said money should never be the primary objective when starting a business, as this would not provide the ingredients to building a sustainable business in the long run.
“Whenever, I ask up and coming entrepreneurs why they want to venture into business, if they tell me money, I tell them it doesn’t work that way. I always tell them to focus on creating value and building a brand, which has helped me till this moment”, she said.
“When I started my own business, it was never easy. I didn’t pay myself salary for over five years let alone thinking of hiring any employee. In spite of all the challenges, I kept on going”, she added.
The Future Resources Limited boss, however, charged the Startups to be strategic with pricing whenever a client shows interest in their services.
Begho explained that most times, clients do not know exactly what they want and the inability to explain in detail to them in a simple language they understand makes this become an issue.
“Some clients don’t even want to pay for your services. Some will under-price your services. You, however, need to be strategic and charge exactly what will work for you. If you charge less than the real cost, you will never grow your business.
“On the other hand, you need to understand what value you are offering to your client and be able to explain in simple terms the ‘what, when and how’, before implementing a clients project”, she opined.
“When you communicate these things at the initial stage, it becomes easy to avert hurdles in the process of implementation”, she said.
Continuing: She charged all the entrepreneurs to always develop skills at every point in their career and make it a responsibility to grow day after day.
“The only way I get impressed with my employees is when they grow on their job, develop skills and learn fast from me. This way, I get impressed with their performance and that is what all entrepreneurs should be doing”, she concluded.
In his words, Atul Kshetry, a successful business mentor who has led IDM Services Plc through a fast track diversification process, said focus and patience would go a long in way in the entrepreneurial journey.
He explained that Startups have the wrong focus on business, which is commonly driven by money, at the same time jeopardizing integrity.
“When you start a business, be rest assured that the minimum years of getting returns is five, sometimes seven or even ten years and that means, patience. When you don’t have patience, then, it becomes a problem.
He, however, tasked entrepreneurs to make their employees shareholders in their businesses and by so doing, some level of integrity will be injected into the business.
On hiring staff, Atul’s maxims are “sincerity without ability is useless; ability without sincerity is injurious; but ability with sincerity is priceless”, so, go for staff with ability and sincerity when hiring.
“I have always made sure that integrity rules in every busines that I get involved with, meanwhile, making employees shareholders in the company triggers a sense of belonging and responsibility”, he concluded.
CFA’s Startups Hangout is a monthly program sponsored by CFAtech.ng, an online technology media, where entrepreneurs meet, learn, and network.
The Next edition of the CFA’s Startups Hangout holds on the 21st of April, 2017 at Adna Hotel, GRA, Ikeja.
For more information visit: http://startups.cfatech.ng
E-Business
FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

Federal government has inaugurated the Electronic Pharmacy Regulation Platform (E-Pharmacy) to enhance the safety of online healthcare services.

Pic credit….healthreporters.info
The platform, championed by the Pharmacy Council of Nigeria (PCN), is designed to regulate digital pharmaceutical services and improve public health outcomes.
Inaugurating the platform, Prof. Ali Pate, coordinating minister of Health and Social Welfare, said the initiative signified Nigeria’s commitment to building a world-class regulatory environment.
Pate noted that pharmacy regulation had faced significant challenges for over three decades but expressed optimism that the new platform would strengthen oversight and accountability.
He said the initiative would enable evidence-based monitoring of pharmaceutical practices while supporting innovation and investment in the health sector.
“This launch is a testament to our collective commitment to advancing technology in the service of health, safety and human dignity.
“It is a decisive step to ensure that pharmaceutical practice in Nigeria aligns with national and global health priorities, reflecting the realities of the 21st century.
“It enables the country to adopt evidence-based approaches to monitoring and protecting public health while supporting innovation and investment,” he said.
The minister added that the platform would help establish a safe, accessible and well-regulated national e-pharmacy ecosystem driven by digital technology.
Earlier, Alhaji Ibrahim Ahmed, registrar/chief executive officer of PCN, said the need to regulate online pharmacy operations became more urgent during the COVID-19 pandemic.
Ahmed said the pandemic accelerated the adoption of digital tools and e-commerce in healthcare, exposing longstanding inefficiencies in pharmaceutical supply chains, particularly in Africa and Nigeria.
“This has led to the increasing adoption of digitised distribution of essential medicines through cost-effective and technology-enabled models.
“For decades, PCN has regulated pharmacy education, training, practice and business in Nigeria. However, as the world shifts towards digital solutions, access to medicines has evolved.
“The Electronic Pharmacy Regulations 2026 provide a comprehensive legal and technical framework for the registration, licensing, operation and oversight of digital pharmaceutical services,” he said.
He added that the framework would ensure that ethical standards and patient safety are not compromised in the delivery of online pharmaceutical services.
E-Business
Flutterwave Targets Anambra as South-East Tech Hub

Olugbenga Agboola, CEO, Flutterwave, has announced plans to establish Anambra State as the company’s hub for Nigeria’s South East, leveraging a fresh banking license from the Central Bank of Nigeria (CBN) to boost local fintech and businesses.

Flutterwave
Agboola made the disclosure yesterday in Awka during a meeting with Anambra tech community leaders, hosted alongside Dr. Stanley Uzochukwu, CEO, Stanel Group and proprietor, Delborough Hotel.
He highlighted Flutterwave’s status as Africa’s leading payment system, born in Nigeria, with infrastructure powering companies nationwide.
“We want Anambra to be our hub for the entire South East,” Agboola said. “We’ll deploy our systems, fees, infrastructure, and POS terminals to every small business and large firm here, making our services the top consumer choice.”
Agboola pledged a massive impact program for Anambra entrepreneurs to foster global platforms from the state, enabled by the new license for faster growth.
For a decade, Flutterwave has facilitated payments, but now aims to empower South East businesses through partnerships, POS access, loans, and value for SMEs.
“We’re partnering on a huge impact program launching soon—impacting the tech community with technology, financing, and lending to create more millionaires from this city,” he added.
E-Business
NESREA, ACMTI, Others Launch Carbon Utilisation Initiative in Nigeria

The National Environmental Standards and Regulations Enforcement Agency (NESREA), in collaboration with the Africa Carbon Management Technology & Innovation (ACMTI) and the Clean Energy Ministerial Carbon Capture, Utilisation and Storage Initiative (CEM-CCUS), has launched a Carbon Capture, Utilisation and Storage (CCUS) Initiative Platform in Nigeria.

Speaking at the launch in Port Harcourt, Rivers State, Prof. Innocent Barikor, the Director-General of NESREA, described the project as a major milestone in Nigeria’s journey toward environmental sustainability, climate resilience, and industrial transformation.
Barikor explained that the CCUS solution provides an economically viable pathway for industrial decarbonisation by enabling the capture, storage, and utilisation of carbon in sectors such as beverage production, cement manufacturing, chemicals and fuels, enhanced oil recovery, and agriculture.
“We need to reduce carbon in the atmosphere to acceptable levels. Its utilisation offers opportunities to capture and store carbon and deploy it for industrial purposes. We are building a circular economy—turning environmental challenges into economic opportunities in line with regulatory provisions,” he said.
He noted that the CCUS Platform is a collaborative ecosystem designed to bring together key stakeholders, including government institutions, industry leaders, academia, technology developers, development partners, and investors.
Also speaking, the Vice-Chancellor of the University of Port Harcourt, Prof. Owunari Georgewill, commended NESREA for the initiative, describing it as a practical mechanism for coordination, innovation, and action toward Nigeria’s 2035 climate targets and broader energy transition goals.
He added that the university is well-positioned to host the CCUS initiative, noting that its Energy Technology Institute has developed credible expertise in energy transition-related fields critical to the success of CCUS in Nigeria.
On his part, the Coordinator of ACMTI and Facilitator of the Carbon Technology Innovation Platform (CTIP), Dr. Richard Victor Osu, said the vision is to position Nigeria as a regional leader in carbon management technologies while contributing meaningfully to Africa’s climate commitments and global decarbonisation efforts.
Osu explained that Port Harcourt was selected due to its potential as a CCUS hub, adding that the platform will focus on advancing research and innovation, building technical capacity, promoting public-private partnerships, attracting investment, and fostering collaboration with international research and technology partners.
Juho Lipponen of the CEM-CCUS Initiative assured that the organisation would support Nigeria in prioritising CCUS in clean energy discussions, strengthening carbon management deployment programmes, boosting partnerships, facilitating financing solutions, and promoting positive narratives around carbon utilisation.
The event attracted participants from the United States, France, Brazil, Canada, the United Arab Emirates, and the United Kingdom, who shared insights on the initiative.
Also in attendance were representatives of the National Oil Spill Detection and Response Agency (NOSDRA), the National Council on Climate Change (NCCC), the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), the Rivers State Ministry of Environment, as well as private sector stakeholders and development partners.
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