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And the World is Shrinking

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An often trotted out phrase – is that of the world today being a ‘Global village’…

What is meant by this is that where once we resided, both in actions, thoughts, interactions, relationships (commercial, social and/or religious) and engagement – within our immediate, geographical, social and relative circles and environment – now we are dispersed, far-flung in our travels, search for knowledge, betterment, riches, love; – you name it.

We are also by our very nature (to varying levels of effectiveness of interaction), brought into contact with others of different values, cultures understandings, awareness, consciousness.

And through these interactions – we acquire (not ‘gain’; more about that later) knowledge, new experiences, insights, exposure – and that most valued of modern-day ‘currency’, Knowledge Capital…

That is not to mention those, who for whatever reason(s), – be they social, knowledge, business and commercial reasons – have sought us out – either in our own country, or to wherever we have pitched up all over the world.

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So, how do we connect, communicate, and share with others, this wealth of knowledge, opportunity – and new insight…?

We COMMUNICATE…

We are social creatures, human beings – we need to communicate, share, interact…

In meeting that biological, DNA-based need, we generate a drive to provide, share, review and respond to (or apply) information.

We do this in a variety of ways and media that has been afforded this (in varying degrees – depending on where we are, what is available and accessible – and what we can afford)…

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– Mobile communications – spread of GPRS & 3G platforms, infrastructure and services by Mobile Network Operator’s to coincide with the growing proliferation of similar level devices, PDAs and phones by the increasingly (albeit slowly) sophisticated demands and expectations of their existing and new subscriber base…. reflects the change in strategy in terms of growing subscribers from the incumbent voice-based revenues to more data- and services-based models for revenue growth and customer acquisition and increasingly important – retention.

Internet platforms for sharing between peoples widely dispersed… E.g.: On-line portals, Web-enabled services and applications, eCommerce sites, Social network sites – text, updates, jokes, pictures, comments, opinions, concerns, goods and services, advice, information…

Broadcast – witness the growing spread of Nollywood film & movie content on various UK & US Pay-TV and the education (or information) provided to others (non-Nigerians) as to the culture, hopes, lifestyles, aspirations of the Nigerian people.

As to its truth – how really ‘reflective’ is it of the ‘Nigerian way of Life’…? Well, let’s just say that neither Hollywood nor Bollywood – the other dominant film & TV genres that have gone before it, truly reflect the societies and communities they came out of – nor should they be taken as a full-poster ad for those societies.

However, they do provide a form of insight, a sometimes colourful presentation of what is possible, on offer and the richness of the Nigerian spirit, energy drive and passion – however that may manifest itself… (We are, like all others, human after all…)

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So, there we have it – the various forms of [mass] communication technology available – be they at home or abroad…

With mobile being the most pervasive, accessible and mobile (by it is very nature ); internet being the most interactive, resilient in data capacity, delivery capability and interactivity, not to mention [TV] broadcast being the most visually stimulating, interactive and evocative in its own right, any individual, community, organisation or enterprise seeking to reach this audience has a rich variety of tools at its disposal to communicate, reach and influence its target and intended audience…

In Europe (the UK particularly) and North American markets at the moment, convergence has been the buzz word for past 4 – or 5 years, with organisations from Media broadcasters, MNOs and publishing houses increasing (via growth, acquisitions, mergers, joint ventures, etc.) the range of tools and Communication platforms by which they are able to offer their services, reach their customers – and add revenues and profits to their bottom line…

Convergence is the technology-driven Strategy of combining various communication technology platforms and Content Delivery mechanisms under on enterprise (more often ‘branding’ – witness VirginMedia in the UK) umbrella.

The premise behind the logic has been simple – the more tools we have to reach the increasingly segmented and niche markets that the previously homogenous market had broken down into, the more effective and ‘in context’ the presentation of our offerings and revenues – and thus the more productive and relevant it is to the client/user/subscriber/viewer – and thus generates revenues and profits to us.

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So … what tool do we use – and how best do we use it…?

 

Ekanem

is a technologist, Business strategist and Principal of MediaMango. MediaMango is a leading Media Content Aggregator & Distributor with its focus on the delivery of African–desired and derived content to the principal markets of Sub Saharan Africa, Europe & North America to service the African Diaspora populations & demographics. With a wealth of experience and expertise in the broadcast, media and ICT industries, MediaMango operates a multi-platform and convergence strategy model, leveraging capability, expertise, consultancy and content capability on Mobile, Internet and Broadcast platforms and channels.

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Ekanem also blogs, http://fifthcapital,blogspot.com,[email protected]


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

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Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.

According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.

Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.

He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.

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“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.

He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.

The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.

In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.

He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.

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NAICOM Issues New Licences to 43 Recapitalized Insurers

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The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.

According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.

Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.

He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.

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The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.

He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.

According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.

Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.

The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.

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Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

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Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.

Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.

Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.

The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.

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Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.

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