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Coca-Cola Encourages Youths to be Ambassadors of Kindness

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Coca-Cola is encouraging Nigerian youths to make the country a happier place. The world’s most valuable brand, through its new campaign ‘Crazy for Good’, urges youths to become Ambassadors of kindness by entrenching random acts of kindness within their little spaces.

Speaking on youths as the focus of the campaign, Olufemi Ashipa, brand manager, Colas, Coca-Cola Nigeria Limited, said: “The future belongs to the youths and it is important that they cultivate a culture of thoughtfulness and kindness in order to create a better world. This campaign inspires and motivates the youths in this direction.”

According to Ashipa, “No act of kindness is too small. The gift of kindness may start as a small gesture and it grows into ripple that over time can become a tidal wave affecting the lives of many”.

Coca-Cola’s ‘Crazy for Good’ campaign which has launched in several other countries emphasizes the far-reaching impact of simple acts of kindness such as  helping people cross a street, helping the elderly run errands, paying the bus fare of a stranger, donating your old things to a charity, taking the time to smile at and greet strangers, letting someone go in line in front of you, volunteering your time to teach someone how to read, paying the toll for the car behind you, buying a stranger a chilled bottle of Coke; and the list is endless. ”The demonstration of thoughtfulness towards others uplifts our collective humanity and goes a long way in making the world a happier place to live in” Ashipa said.

Already, there are many youths who have found that being kind to others is not only good for the mind but also gives a feeling of satisfaction and contentment.

Kingsley Ubong Imeh, a young teenager, has made it a pattern to runs errands for elderly people in his neighborhood every day after school.

He refuses to be paid even though he comes from a poor background and needs the money.

When probed on his motivation, he said: “I get an inner peace and calm from helping these elderly ones. I feel accomplished sleeping every night because I have impacted someone’s life.”

Another of such people that are positively affecting humanity is Onyekachi Jumbo, a self-appointed traffic warden who helps direct vehicular movement at Agbonyi Junction in the traffic -prone Surulere in Lagos, as early as 6 am in the morning. He has done this regularly for years.

Tobi Ajileye, who lives in the neighborhood attested to the fact that the actions of Onyekachi have greatly helped in easing the traffic situation in the area.

“Everybody in this area knows Onyekachi and how he comes to our rescue by helping to direct traffic without expecting anything in return. His actions have been of great help to us in this neighbourhood.”

Commending Coca-Cola’s kindness movement, Dr Oluwole Coker, a lecturer at the Department of English, Obafemi Awolowo University, Ile-Ife said, ”In the African tradition, everyone is their brother’ s keeper. However that spirit of communalism is waning and those most affected are the youths. Coca-Cola has shown itself to be an authentic brand living, breathing and impacting on the environment through this kindness movement which it is leading. I would encourage other brands seeking to build a rich brand identity to emulate Coca-Cola by exploring opportunities to impact their environments.”

The Crazy for Good campaign builds on the legacy of the A Billion reasons to Believe in Africa launched last year, which celebrates Africa and encourages all Africans to take pride in her immeasurable strength despite adversity.

In the same vein, the Crazy for Good campaign inspires and celebrates individuals who perform random acts of kindness for others and by so doing help to make the continent a better place.


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NCC Threatens Illegal Users of GSM Boosters with Arrest, Prosecution

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Nigerian Communication Commission (NCC) has warned telecom consumers to desist from using illegal GSM boosters.

NCC Threatens Illegal Users of GSM Boosters with Arrest, Prosecution

The commission also said that anyone caught using a GSM booster without obtaining approval of a duly licensed network operator will face arrest and prosecution.

GSM boosters are devices that transmit and receive telecommunications signals and can therefore interfere with other radio frequency equipment.

Ikechukwu Adinde, director, public affairs, NCC, said in a notice published on NCC website, that only licensed network operators are allowed to use GSM boosters.

The booster, also known as amplifier or repeater is made up of three main elements – exterior antenna, amplifier, and interior antenna.

They form a wireless system to boost cellular reception

“Members of the public should note that, willful interference with any wireless telegraphy is an offence under Section 16 of the Telegraphy Act, 2004,”it said

The agency said it will not condone any flagrant breach of this law.

It has also enforced measures to prosecute offenders.

Accordingly, monitoring mechanisms have been put in place and anyone caught using a GSM booster without obtaining approval of a duly licensed network operator will face arrest and prosecution.

“Any member of the public with useful information regarding the illegal use of GSM Boosters should contact the Commission on 09-4617000/7351 or send an email to [email protected],” the notice said.

“Individuals desirous of using GSM Boosters should note that they can only do so in conjunction with licensed network operators,” it added.

 

 


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Tizeti Selects Nokia to Provide LTE Fixed Wireless Access Solution for High-Speed internet Services in Nigeria

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Tizeti announced that it selected Nokia’s Fastmile Long Term Evolution (LTE) technology to enable usprovide superior internet services to over 1 Million subscribers in Port Harcourt, Edo and Ogun in Nigeria.

Tizeti Selects Nokia to Provide LTE Fixed Wireless Access Solution for High-Speed internet Services in Nigeria

Tizeti will deploy Nokia’s AirScale Base Station TDD-LTE and FastmileFixed Wireless Access (FWA) gatewaysto deliver premium internet and Virtual Private Network (VPN) services to Residential, Small and Medium Enterprises (SMEs).

The solution will also enable Tizeti’sto deliver a more robust, high-speedinternet service to subscribers and the flexibility to seamlessly evolve to 5G Fixed Wireless Access when needed.

Nokia’s FWA solution enables Tizeti to fast-track broadband access and provide a best-in-class broadband experience to its subscribers.

Nokia’sAirScale Base Stations ensure high-quality connectivity and coverage and enablesTizeti to evolve the network in line with customer demand.

Nokia’sFastmilegateways connect wirelessly to the existing network to createa fastbroadband connection and enhanced Wi-Fi experience in the home.

The Nokia Network Services Platform will help Tizeti to simplify operations and quickly respond to changing market demands.

Kendall Ananyi, Tizeti, said:“We are committed to providing the best-in-class network experience to our subscribers. We are confident that Nokia’s proven technology and expertise will help us differentiate our services based on quality. This a crucial project for us as it introduces LTE in our networks and allows us to bring new and innovative services to our subscribers.”

Eniola Balogun, Nokia, said:“We are thrilled to work with Tizeti on the initiative to upgrade their network to bring the latest products and services to its subscribers. Nokia Fastmile will help Tizeti to cost-effectively enhance the customer experience.

The project will also enable them to delight their subscribers by providing more reliable data services.

On the other hand, Tizeti will benefit by adding new revenue streams.”

 

 


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Risk Assets Push Higher on Vaccine Hopes; Eyes on the Fed

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By Hussein Sayed, Chief Market Strategist at FXTM,

After two consecutive weeks of back-to-back declines, global stocks kicked off Monday with solid gains amid a surge in M&A activity and positive signs towards vaccine developments. Currency markets were little changed ahead of a busy week of monetary policy announcements, while Oil and Gold ticked slightly higher.

The two big deals announced over the weekend were Softbank’s plan to sell chipmaker ARM to Nvidia for more than $40 billion and Gilead Sciences to acquire Immunomedics for a price tag of $21 billion. Meanwhile, on the vaccine front, AstraZeneca resumed its phase-3 trial on Covid-19 after being suspended last week following a neurological illness developed in one participant, and Pfizer announced that its vaccine could be distributed before year-end if found safe and effective.

 

Central Banks will take centre stage this week with the Federal Reserve, Bank of England and Bank of Japan all due to announce policy decisions. Out of the three meetings, the Fed is likely to be the most watched following its historic shift towards average inflation targeting. The big question remains how will the FOMC put this policy into action?

 

From what we know now, the Fed is set up to keep interest rates near zero for a long time, possibly for several years. Given the new framework, any spike in inflation won’t translate into immediate rate hikes as the Fed wants to compensate for the lost years when they have failed to hit the target. The dot plot will be the key guide for investors and traders alike. If inflation projections remain at 2% or below for the foreseeable future, this will solidify market expectations for a low rate environment for many years to come. That said, Jay Powell would still have to explain in more detail how the new framework will be translated into policy action.

 

In June’s economic projections, the Fed anticipated unemployment would be at 9.3% by year-end, but, in August, unemployment was well below that forecast at 8.4%. Many other economic data surprised to the upside during the June – August period in a clear sign that most economists were overly pessimistic towards the strength of the recovery. However, there is still a considerable amount of uncertainty given the latest surge in Covid-19 cases worldwide and the US, especially as we get closer into the winter season. A second wave will undoubtedly put the recovery at risk in the final quarter of the year and it will be interesting to see the Fed’s view on that issue.

 

As for the market selloff over the past two weeks, the Fed isn’t likely to show any signs of concern. In fact, policymakers should be satisfied with the pullback as the risk of a bubble in several assets has been growing due to the Fed’s extremely accommodative policies. Unless we see another 10 -15% drop, do not expect the Fed to intervene.


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