The first entrepreneur, Onari Georgewell came seeking 5 million naira in exchange for 20% equity in his charcoal export business.
His presentation was impressive but when it came to responding to questions from the dragons, the cracks began to appear in his business plan. However, Femi Tejuoso invested 2 million naira for 35% equity in this business but that was not enough and more was needed from other dragons.
None was forthcoming and the golden rule of the den goes, "the entrepreneur must get the full amount he requested for, or he goes home with nothing." He lost out.
Peters Monday, the second entrepreneur made comic history on a business show, when he came seeking for 5 million naira in exchange for 25% equity in a youth oriented newspaper to be published three times weekly and circulated in all the tertiary institutions in Nigeria.
The third entrepreneur, Chidebe Ronsi came to the den asking the dragons to invest 6 million naira in "Creative Change Channel" – a documentary drama to be recorded on audio and video discs which will help people determine and choose the sex of their unborn babies. He was ready to part with 20% equity.
The dragons did not wait for more presentation, seeing that it was not a viable business idea.
The fourth entrepreneur, Joshua Bright needed 8.8 million naira in exchange for 85% equity in his livestock and crops business but an ill-conceived business idea saw him out of the den with no investment from the dragons.
The fifth entrepreneur, Mr. Ogundele came to the den with an idea that could help sanitize the environment, ridding our land and waters of chemical and industrial pollutants.
But the cost of his service did not make business sense to the dragons and they all opted out.
The sixth entrepreneur, Joseph Ejido, a lecturer from the Delta State Polytechnic came to the den in search of 22.5 million naira in exchange for 40% equity in his "Integrated Fish farming" business.
The dragons opted out here on the grounds that his financial projections were flawed.
The seventh and last entrepreneurs for this episode- Oshinaga Adeboye and Ope Osinobi came asking for 5 million naira to invest in "Young Soul Synergy" – the parent company of www.youngsouls.com – a youth targeted education business to bridge the gap between Africa and the rest of the world.’
But it was discovered that they had an insignificant subscriber base on their website and it will take the dragons about four years to recoup their investment.
These entrepreneurs got words of encouragement from Alexander Amosu and Femi Tejuosho but all the dragons had opted out.
His business plan was badly flawed as much as he was questionable in character. The dragons opted out.
UBA Launches ‘RED Radio’, New Online Entertainment Platform
United Bank for Africa, (UBA Plc), Pan- African financial institution, has continued to lead in innovation with the launch of its dynamic and creative Online Radio channel – RED Radio.
RED Radio, powered by UBA is a lifestyle web platform that has been set up to inform, educate, entertain and to bring to the fore, the best of Africa.
Much like its sister platform, REDTV, RED Radio is expected to showcase the best in lifestyle, entertainment, music, news, comedy and fashion.
Speaking on the launch of RED Radio, Tony O. Elumelu, group chairman of UBA, applauded the creative initiative, emphasising that UBA is a financial institution always ready to support creativity and entrepreneurship. The 2020 Time 100 most influential person in the world who has committed USD100 million to empowering young entrepreneurs across Africa said about RED Radio, “Creativity and innovation are a powerful combination and every detail in an art piece is important and meaningful. This applies to growing businesses and budding entrepreneurs. You will encounter challenges, like I did, but each experience is a lesson that brings you closer to your goal. That is the beauty of creativity.”
Continuing, Elumelu remarked, “There are many ways to make something beautiful, to make a sound interesting or to bring a story to life. You can define your expression, and today, as UBA’s RED Radio launches, I wish Bola Atta and her enterprising team many successes through this beautiful medium of expression.”
In appreciation of the support of UBA Group Chairman for the exciting creative initiative, Bola Atta, UBA’s group head, Corporate Communications, said ‘just like, REDTV which is Africa’s leading online entertainment network, RED Radio is positioned to fast become the foremost online radio platform in Africa’.
Also expressing his delight, UBA’s Brand Ambassador and star boy, Wizkid, said, “I am never too busy for my UBA family as he granted an exclusive interview on one of the station’s flagship shows ‘On the Street’ where he spoke extensively about his upcoming album and what his fans should expect from him in the coming weeks.
RED Radio promises to bring rich and engaging content that will keep its audience coming back constantly for vibrant and robust entertainment. Listeners can tune in to www.itsredio.com 24/7.
Battle of The Reds As Liverpool and Arsenal face off at Anfield
It’s another weekend of football and football fans can look forward to the best football action from the Premier League, La Liga and Serie A on SuperSport.
In the Premier League this weekend, Liverpool and Arsenal will face off at Anfield on the evening of Monday 28 September, at 8:15pm on SS Premier League. The Reds and the Gunners are set for an explosive encounter which will feature prolific African goal scorers such as Mohamed Salah, Sadio Mane and Pierre-Emerick Aubameyang.
Liverpool will be looking for revenge against Arsenal, given that the teams’ last two meetings have both gone the way of the London side: 2-1 in a Premier League clash in mid-July and a penalty shootout triumph in the Community Shield late last month.
Other picks for Premier League this weekend are Crystal Palace vs Everton at 3pm, Brighton & Hove Albion v Manchester Unitedat 12:30pm, West Bromwich Albion v Chelsea at 5:30pm and Burnley vs Southampton at 8pm all on Saturday 26 September, live on SS Premier League. On Sunday 27 September EPL fans will watch Sheffield United vs Leeds United at 12pm, Tottenham Hotspur vs Newcastle United at 2pm, Manchester City vsLeicester City at 4:30pm and West Ham United vsWolverhampton Wanderers at 7pm all live on SS Premier League.
The top clash for this La Liga round sees champions Real Madrid head to Estadio Benito Villamarin to face Real Betis. This will air on Saturday 26 September at 8pm on SS La Liga and SS GOtv La Liga. Los Verdiblancos have been a bogey team for the capital side in recent times, notably defeating Zinedine Zidane’s side 2-1 in their last meeting in March (prior to the season suspension) to extend their unbeaten run in the rivalry to three matches. SuperSport is the only place to get English commentary from the legendary La Liga.
Barcelona will face Villarreal at 8pm on 27 September while Sevilla will face Cadiz on Monday 18 September at 8pm both on SS La Liga and SS GOtv La Liga. Barcelona and Cadiz are back after being given the first two match days off to have extra recuperation time from last season’s UEFA Champions League and Europa League campaigns.
More on La Liga this weekend will see Eibar meet Athletic Bilbao at 8pm on Friday 25 September. While on Saturday at 12 pm Deportivo Alaves will clash with Getafe, Valencia will also clash with Huesca at 3pm and Elche will face Real Sociedad at 5:30pm all airing live on SS La Liga and SS GOtv La Liga. Sunday 27 September SS La Liga and SS GOtv La Liga will air Osasuna vs Levante live at 11am, Athletico Madrid vs Granada at 3pm and Real Valladolid vs Celta Vigo at 5:30pm.
The headline match from Serie A for this round is the Sunday night clash of Roma and Juventus at the Stadio Olimpico in the ‘Eternal City’. This will air on SS Football and SS GOtv Select 1 at 7:45pm. Other matches on Sunday 27 September includes,Spezia vs Sassuolo at 11:30am, Napoli vs Genoa at 2pm and Crotone vs Milan at 5pm also live on SS Football and GOtv Select 1.
Elsewhere, Internazionale will have their first match of the season when they host Fiorentina at the San Siro in the late kick-off on Saturday evening at 7:45pm. Also on Saturday 26 September at 2pm, Torino will face Atalanta while at 5pm, Cagliari will face Lazio. Both Live on SS Football and SS GOtv Football. The weekend will conclude for Serie A with Bolongna vs Parma on Monday 28 September at 7:45pm live on SSFootball, SS GOtv Football and SS GOtv Select 1.
SuperSport promises the best of football this season as viewers on DStv and GOtv can see all their favourite stars from the African continent dominating in leagues across Europe.
Don’t miss the 2020-21 football season on SuperSport on DStv and GOtv. For the full football experience, reconnect or subscribe to any of these packages; DStv Premium, Compact Plus, Compact, Confam & Yanga and GOtv Max & Jolli for selected matches.
Also, visit www.dstvafrica.com and www.gotvafrica.com and download the MyDStv app or MyGOtv app from the iOS and Android store to upgrade, reconnect or select the Auto-Renewal option to stay connected to quality football entertainment without interruptions and for other self-service options. And while you’re on the move, you can stream matches on DStv Now.
Yobe Gov Approves Employment of Staff @ State Owned Broadcasting Stations
Mai Mala Buni, governor of Yobe State has approved the appointment of experienced casual staff working at Yobe Broadcasting Corporation (YBC) and Yobe State Television (YTV).
This is as part of efforts to ensure enough manpower for the on-going digitization of the two stations.
Abdullahi Bego, commissioner for Information, Home Affairs, and Culture revealed this when the officials of the Radio, Television and Theatre Art Workers Union (RATAWU) paid him a courtesy visit at the office in Damaturu.
Bego said the governor had after approving millions of naira for the total overhauling of the two stations directed for formulation of all strategies that will ensure effective implementation of the digitization process.
The commissioner also said, “His Excellency Hon. Mai Mala Buni is passionate about the digitization process of the media organizations in the state especially when it comes to equipment, staff strength and capability.
“The next step is the training and retraining of the staff of the two media organisations for efficiency in the execution of their job,” Bego disclosed.
He said the casual staffs billed for employment were serving at the stations for more than eight years while others five to six years without permanent appointment letters.
“We feel it is good to employ them taking into cognizance their experience in the system and dedication to duty.”
Bego commended RATTAWU among other members of the organization for their effort in informing, enlightening, and entertaining the public at all times.
Comrade Nasiru Illiya, chairman of RATTAWU, while speaking, said they were at his office to register their gratitude to the giant stride of Governor Mai Mala Buni, especially on the digitization of the two media organisations in the state.
“Sir, we are equally very grateful to note that within your short stay as commissioner of Information, we have started witnessing a positive transformation in the sector through the award of contracts worth millions of naira for upgrading YBC and YTV from analogue to digital transmission
“As I am speaking to you now, YBC is online transmission live,” Illiya disclosed
FG Offers to Support TStv to Relaunch with Pay per View Model
FCT Lifts Suspension Order on Masts, Towers
FG Launches Digital Nigeria Portal, Mobile App
Microsoft Moves into 5G Race with Azure Cloud for Telecom Operators
Interior Ministry Boosts Digitization Process with New ICT Projects
EFCC Arraigns Hackers for Allegedly Stealing N900m from FCMB
Access Bank Reassures Customers after Hacker Steals Customers Data
NEC 10th Edition: UBA Foundation Calls for Entries Introduces Digital Submission Portal
Former Shell MD Bags Award for Rejecting $6m Bribe
NSE Suspends 6 Companies from Exchange
- News2 days ago
NCC Board Chairman Alleges Threat to His life by Agents of DG
- News2 days ago
Tony Elumelu Hardly Backs Down from any Challenge
- E-Business2 days ago
Tech Experience Centre will Boost Nigeria’s Socio-Economic Profile, Says Cisco Boss
- E-Business2 days ago
FG Mulls Zero Charge Policy for Educational Websites
- Telecom2 days ago
NCC @ ICTEL EXPO, Pledges Robust ICT Infrastructure for Economic Growth
- News1 day ago
ALTON, Medallion, CloudFlex Back NITRA’s Innovation Forum
- News2 days ago
Labour Vows to Shut Down Airports, Banks, Others from Today
- E-Financial2 days ago
Nigerian Manufacturing Sector Contracts for 5th Consecutive Month – CBN