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Two-Way Radio offers Better Communication-Amuchienwa

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Rita Amuchienwa is the senior territory manager, (English) West Africa for Motorola Solutions.
Before Joining Motorola, Rita, A graduate of University of Calabar had worked with Hewlett-Packard (HP), Lenovo, Technology Distributions Ltd, among other multinationals.
In all, she has 11 years of professional channel sales and devlopment experience in the IT Industry in Africa; having managed All English African Countries in various Sales positions.
Notably, Rita as a specialist in IT distribution and networking has great team spirit, aggressive sales managerial prowess, and professionally disciplined.
She has garnered many awards. She spoke to peter ugwu on Motorola Solutions’ Mission in Nigeria and the peculiarities of two-way (communication) radio.

Motorola Solutions
Motorola Solutions comprised of the government, public safety and enterprise mobility solutions divisions of the former Motorola, Incorporated. For more than 80 years, Motorola has helped the world be its best in technological developments.
Till today Motorola is known for introducing one of the first commercially successful car radios that delivered vital news right to user no matter your location.
Apart from that, Motorola developed the equipment that transmitted the first words from the moon, to leading a public safety revolution with the world’s first-ever handheld laser scanner.
So it is notable for its penchant interest, and historically for exploding possibility across the planet, innovating smarter, more flexible and more insightful ideas.
So when it discovered that two-way radio has become too significant in the present society the solutions were rolled out.

New Role at Motorola Solutions
Motorola as we know is a decent company and best seen for a particular product which is the two-way communication radio.
Motorola is very sophisticated in that area. And we are very strong, because I can assure you, in the whole world we are the number one on that solution.
It is very exciting being with them; I am really happy because it is a kind of new challenge and scenario. The people are amazing. The products are also sellable.

Motorola’s Mission in Nigerian Market
Our mission in Nigeria and other West African countries is to provide that solution we feel is lacking in the way of communication in Nigeria.
Today, we know that Global System for Mobile Communications originally Groupe Spécial Mobile (GSM) is not to be trusted, because of the network fluctuations been witnessed, especially in Nigeria.
I am certain that the two-way radio is a solution to that network problem. For me, the few months I have been with Motorola and witnessed the efficacies of the digital radio, I believe it is the best way to go.
The solution has come to stay and equally will last long in providing the means and best way to communicate to our people. 

Interest in Two-Way Radio
First of all our people (Nigerians) in different sector are aware about the need for this solution. We are also strategizing on using the media to drum on that.
We are also looking at best marketing for the solution to get to the appropriate people, or those willing to have it.
We are also expanding from Nigeria to Ghana, Gambia, Sierra Leone and other countries. Even before I joined Motorola I had known them as hand-held or Mobil phone manufacturing company, but when I discovered about aspect of the business I was interested on that, because it is actually their strongest point.

The Impact on Securing the Environment
The sectors that need it most include the government parastatals, security agencies talking about the army, the police, the Federal Road Safety Commission (FRSC), LASTMA, National Emergency Management Agency (NEMA), airport security outfits, the oil and gas, the maritime sector, and any establishment that needs uninterrupted communication channels to ensure speedy passage of information, essentially to enhance productivity, curb losses and safe human lives.
In the face of Nigeria’s security challenges, the two-way radio will creditably add value to what the security agencies are doing.
Therefore, it will impact positively on the environment hence lives will be saved and some calamities averted.
They (the agencies) have been using two-way radio and we hope to ensure they use Motorola, but there are some outside there in the market that are below standards.
We are reaching them through our partners. We also have a website where they could ascertain the credited or certified partners and the product ranges. So, through the partners and links they can reach out to us.

Measuring Market Size
Nigerian market is very dynamic and cannot be predicted, most times. You may be projecting a small gain but at the end of the day a big deal may come in that will shoot up your earning.
The percentages might just increase. Having said that, it may depend on how versatile and committed the partners are.
As a company we believe in giving people the opportunity to open the market for themselves by themselves.
They will reap the gains, of course. We can only attend to a customer that comes directly to us or direct them to partners, depending on the market projections and behaviours.
Nigeria is one of our biggest markets, even in infrastructure, IT Nigeria is quite big. We to leverage on that, put in more efforts and work, harmoniously, with our partners and be ready to grab “anything” that comes to us no matter the size. We are willing to help our partners and customers to grow in any area we can offer them help.

Stemming Fake Gadgets
In fact, it is very rare these days to see a product that does not have fake. But that goes to show there are still originals.
Every company has its strategies. We are also looking at strategies to stop these products, but Motorola is Motorola and the users know how to spot the difference.
We are not relenting on that, hoping to minimize it, because when the market is saturated with the original, definitely the fakes will hide their faces. Also, every product has its pros and cons.

Health Implication of Two-Way Radio Usage
As far as Motorola is concerned there is no medical record that shows the two-way radio has health implications. We are certain that is the best communication equipment.
Sometimes the radiations on the cell phones give one pain on the ear, but in the two-way radio it is very clear.
Similarly, Motorola is not leaving any stone unturned on its research and development (R&D). We are also giving to improve on our products.
It is one of the best gadgets to go with. In the next to five to ten years we should be looking at 50 to 100% increase in revenue of the company from the Nigerian market.  It is very lucrative and dynamic.

Advantages of Two-Way Radio
 Basically, you are opportune to have one-to-many communication platform at the same time, which is not possible with the cell-phone.
With just I dial you can connect fifty to one hundred people simultaneously. The other advantage is that when you press the button you can talk and control security situation.
In other words, it offers you the opportunity to have security situation in your fingers. We are also proud due to the durability of our products.
It is much more than a cell-phone, eliminating the constant recharge or subscription. But for the radio when you purchase it and pay subscription for the year, you continue to use it.

Added Value on Digitisation
It is like the tape recorder that journalist use. You have to buy cassettes and carry them around. Now you can play DVD or CD on your computer, the same way we have gone digital.
This is the trend and we are not been left out. It takes more time to implement it on the radio market than it is in the regular (consumer) market.
It takes more time, because of the huge investment. We launched it many years ago, but we are making inroad to Nigeria.
We are sure it is the trend and the people are willing to adopt it. To be honest, this is the biggest radio market for us. We have been in Africa since 50s’.  


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Banks Close 2m Accounts over BVN, NIN, Others

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Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with regulatory orders on the linkage of bank accounts to the National Identity Number (NIN).

Banks Close 2m Accounts over BVN, NIN, Others

This is contained in a report by the Nigerian Interbank Settlement System (NIBSS), which also indicated that the number of inactive bank accounts grew month-on-month, MoM, by four million or 2.0 per cent to 19.7 million in March 2024 from 19.3 million in the previous month, February.

A bank account is classified inactive when it records zero transactions including deposits, withdrawals, transfers or point-of-sale transactions for six months.

However, details of the “Industry Bank Account Database”, a monthly data reported by banks, and compiled by the Nigerian Interbank Settlement System, NIBSS, also indicated that the number of active bank accounts grew by 6.62 million or 3.0 per cent to 219.64 million from 213.02 million in February.

Recall that in December 2023, the CBN issued a directive to all commercial banks in the country to restrict tier-1 accounts without proper Biometric Verification Number (BVN), and National Identity Number, NIN, that are not linked by Thursday, March 1st, 2024.

According to NIBSS data on BVN enrollment count, 61.6 million Nigerians have BVN as of April 2024.

 

Credit: Vanguard

 

 


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Dubai-Based Citizenship Firm Imperial Citizenship Expands to Lagos, Targets Africa’s Growing Wealth

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Imperial Citizenship, a Dubai-based firm specialising in Citizenship and Residency by Investment (CRBI) solutions, has set its sights on Africa’s burgeoning wealth with the launch of a new office in Lagos, Nigeria.

This strategic move positions Imperial Citizenship to capitalise on the continent’s growing population of high net worth individuals (HNWIs) seeking international investment and mobility options.

Imperial Citizenship boasts a proven track record of success, having secured over 2,000 approvals for clients seeking alternative citizenship and residency pathways. Their partnerships with over 15 governments worldwide provide a diverse portfolio of investment opportunities that adhere to strict international regulations.

With its Lagos launch, Imperial Citizenship begins its foray into Africa. The continent boasts a burgeoning HNWI population, according to PwC, presenting a lucrative market for investment firms like Imperial Citizenship.

According to the World Bank, African economies are projected to grow by 3.4 % in 2024 as the African Development Bank Africa has reported that Africa will account for eleven of the world’s 20 fastest-growing economies in 2024. Highlighting the market’s potential, Mr. Zaid Al Hindi, Founder and CEO of Imperial Citizenship, says, “our expansion into Lagos allows us to directly cater to this affluent segment, offering them strategic solutions for global asset diversification, optimised investment opportunities, and enhanced global mobility.”

“At Imperial Citizenship, we do not operate through intermediaries, as we differentiate ourselves through direct government partnerships. This ensures transparency, legality, and efficiency throughout the application process, providing peace of mind for investment-minded clients” Zaid stated during the launch event in Lagos.

Speaking on the company’s approach to CRBI, Zaid mentioned, “At Imperial Citizenship, we prioritise a client-centric approach. We go beyond simply offering programs; we provide dedicated advisors who understand the unique needs and aspirations of each client. This personalised service ensures clients receive tailored investment options that align with their financial goals and risk tolerance”.

The launch of the Lagos office underscores Imperial Citizenship’s commitment to global expansion. With physical offices in Dubai and now Nigeria as well as operational representatives in Mexico, Algeria, and Turkey, Imperial Citizenship demonstrates its ability to cater to a geographically diverse clientele.

Looking ahead, Zaid highlighted that Imperial Citizenship plans to broaden its service offerings and expand its reach into new markets. By strategically targeting Africa’s rising wealth, Imperial Citizenship is well-positioned to solidify its role as a leading player in the CRBI industry, offering investors a gateway to global opportunities.


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234Finance Moves to Boost Economic Progress in South East

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In a recent gathering, organized by 234Finance, key stakeholders and HNIs came together to discuss the theme “Fueling Progress in the South East.”

The conversation highlighted the rich heritage, entrepreneurial spirit, opportunities for growth and the potential of the South East to be economic powerhouse.

During the discussion, the Managing Partner of 234Finance, Ezinne Nwazulu unveiled plans for an upcoming event of significant impact: the 4-week intensive SME Bootcamp and Mentor Matchup Challenge South East edition designed to empower SMEs. The program aims to empower SMEs with the knowledge, tools, and capital for rapid expansion and global competitiveness.

This initiative is building on the success of previous Mentor Matchup Challenge events, which equipped SMEs with actionable strategies and one-on-one mentorship, resulting in winners of the pitching competition securing grant funding to scale their businesses by 4x-10x.

The SME Bootcamp will feature an array of activities, including physical and virtual training sessions, onsite industrial training, and a pitching competition.

Ezinne Nwazulu emphasized the rigorous selection process, where the top 100 applicants meeting the criteria will undergo intensive training at two training centres in Abia and Anambra. From there, the most promising 15 participants will have the opportunity to pitch their business for grant funding.

Dr Chima Anyaso, Chairman of Caades Group, expressed his commitment to the region’s development and encouraged entrepreneurs with innovative crafts to seize this opportunity.

Criteria for selection are uncompromising, emphasizing technical expertise in core sectors; Agribusiness, Manufacturing, Supply Chain & Logistics, Fashion & Textile, and Retail, with a particular focus on businesses operating within the South-East region for at least three years and significant growth potential of 4x-10x.

The Bootcamp is set to commence from May 14 to June 14 2024 with Southeast-based entrepreneurs encouraged to visit the 234finance bootcamp to apply.


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