News
Earning Extra Income Through the Gig Economy
By Adeniyi Ogunfowoke
There is no easy path to making money. You have to work extremely hard and even engage in additional jobs that can sometimes be stressful to earn a living. However, with the gig economy becoming ever more popular, you can still keep your 9 to 5 job and still earn some extra income without sweating. You only need a good internet connection.
In Nigerian parlance, it is often referred to as a side hustle.
A gig economy is a free market system in which temporary positions are common and organisations contract with independent workers for short-term engagements. Since they are short-term engagements, you can easily perform the given task at your convenience.
In fact, the gig economy has been scaled to a whole new level where you can simply advertise your skills, talent and what you can offer to prospective clients. If the client likes your profile, you will be contacted. In this case, you do not need to glide from one website to another in search of gigs.
Today, there are thousands of sites where you can find short-term gigs or advertise your skills. They include Fiverr, Freelancer.com and locally, Jumia Production Services. Jumia as an ecosystem debuted Jumia Production Services to enable service providers to reach more clients.
The service providers have access to more than 10,000 vendors and they also get social media service boost. If you are a service provider in any of the following categories: Content, Freelance Photography, Graphics Design, Search Engine Optimisation, Product Upload, Makeup and Digital Marketing, do not hesitate to signup.
The opportunities in the gig economy are endless. But, there are some strategies you need to know or have at your fingertips to be successful in the gig economy. We share some of these strategies.
Show versatility
The gig economy is very competitive and only the best will be contacted. While it is important to know your areas of strength, the gig economy requires that you also show utility and versatility. The days of “I only do this” has past. It is important to display your ability to flex within your field of expertise and embrace changes in technology or the evolution of the way clients utilise your services.
Focus on personal branding
Thriving in the gig economy requires more than just your subject matter expertise. The key to standing out in a crowded marketplace is to communicate your core values and benefits persistently. In other words, you need to have a solid personal branding strategy in place. To unearth your strategy, ask yourself what it is that you are particularly good at. What do you want to be known for?
Build on referrals
If you’re in a heavily saturated industry, it can be hard to market and sell your gig. On the other hand, it is often difficult for consumers to determine who to buy from when the market is saturated. Encourage clients to offer referrals and testimonials to help get other clients. Typically, their referrals will have some background information about you and will be easier to work with.
Take deadlines seriously
Deadlines are sacred. Failure to deliver jobs on deadline can be very fatal to being a success in the gig economy. Clients do not want to deal with someone that disregard deadlines. If you cannot meet the deadline, ensure you inform your clients and they may be magnanimous enough to extend it for you. Ensure that this deadline extension does not become a trend.
Don’t allow it to affect your 9-5
The gig economy is quite flexible and as a result, many get carried away that it begins to affect their 9-5. If you do not want to make your freelance job your main source of income, do not allow it to affect your full-time job. Ensure you find a balance.
News
CWG Board of Directors Approves 400% Increase in Dividend Payout
CWG Plc has announced a significant milestone in its commitment to delivering value to shareholders. Following a thorough review of the company’s financial performance and outlook, the Board of Directors has approved a substantial increase of 400per cent in dividend payout to shareholders.
This decision reflects CWG’s confidence in its financial stability, growth trajectory, and ability to generate sustainable returns. By enhancing the dividend payout, CWG aims to reward shareholders for their continued trust and support while reaffirming its commitment to creating long-term value.
Mr. Philip Obioha, Chairman of the Board of Directors at CWG Plc, said, “The decision to approve a 400% increase in dividend payout underscores our confidence in CWG’s performance and outlook. We are dedicated to delivering value to our shareholders and believe that this significant dividend increase is a testament to our commitment to shareholder value creation.”
This increase in dividend payout aligns with CWG’s strategic objectives to prioritize shareholder interests and maintain strong financial discipline. The Board remains committed to prudent financial management and sustainable growth, ensuring that CWG continues to be a reliable investment for shareholders.
As CWG continues to execute its growth strategy and expand its presence in the market, the Board anticipates that the increased dividend payout will further strengthen investor confidence and support CWG’s vision for the future.
News
Prof. Aliyu, AI Practitioner to Keynote ABoICT 2024
CommunicationsWeek Media Limited, a certified global ICT company with over two million online subscribers, is delighted and proud to announce Prof. Yakub Aliyu, as the keynote speaker at Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture series 2024.
Aliyu, will be speaking on the theme: Artificial Intelligence (AI): The Good, The Complex and The Anticipated”, this leans heavily on the fact that AI changing our lives– we just need to know where to look today.
This year’s rebranded Africa’s Beacon of ICT Merit and Leadership Distinguished Lecture/Awards Series is slated for Saturday, May 25, 2024 at the Four Points by Sheraton, Lagos.
The event is the most prestigious annual event that brings together captains of industry in both technology and financial worlds.
According to Ken Nwogbo, CEO, Communication Week Media Ltd, organisers of the ABoICT Distinguished Lecture/Awards Series, “the choice of Prof. Yakub Aliyu is deliberate because of his exceptional career in Artificial Intelligence (AI)”.
He added that, AI is considered to have the potential to instigate a fourth industrial revolution,1 and is dramatically changing people’s patterns of interaction and economic activities.
“The traditional factors of production and physical capital and labour may no longer promote substantial economic growth. It is generally believed that AI will be one of the most important factors determining future economic growth,” he said.
A professor of microelectronics and a scholar-practitioner in artificial intelligence and deep machine learning for industrial applications and high-speed application processors. His research interests include Multimodal AI models for high-efficiency industrial robot applications and Human AI interactions.
He also has adjunct academic professorships at five African, USA, and UK universities. Holds a BS in Applied Physics Electronics from Karlsruhe and A Bello Universities in Germany and Nigeria, an MBA in International Business Management from the University of London, an MSEE (Master of Engineering, Electronics), and a Ph.D. in Electronics Engineering from the University of Wales.
Prof. Aliyu is the global quality director for Bourns Inc., Riverside, California, USA, an electronics system, and components manufacturer. I oversee quality functions in 21 factories worldwide.
He has also held quality and operational management leadership positions at National Semiconductors, Bell Labs-Lucent Technology, Texas Instrument, Global Foundries, and Roper Technologies USA.
Authored and coauthored over 30 Advanced Technology United States-issued patents in High-Speed Application Processors and Contributed to over 40 international impact Journals, chapters, and conferences; FASI, SMIEEE USA, MIEE UK, M. Inst pf Physics Chartered Phys and C Eng UK.
Past lecturers included Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC); Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom.
Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; Ayotunde Coker, Managing Director, Rack Centre Limited; Peter Adedayo Arogundade, managing director and chief executive officer, Sidmach Technologies Nigeria Limited; Dr. Adewale Obadare, chief visionary officer, Digital Encode and John Obaro, CEO and founder of Systemspecs; Prof. Isa Pantanmi, minister of Communications and Digital Economy; Dr. Seyi Akindeind, co-founder, Digital Encode; Dr Krishnan Ranganath, Regional Director, Africa Data Centres.
News
Legit.ng, Shade of Life Foundation Partner to Advance Autism Awareness in Nigeria
Legit.ng recently joined forces with the Shade of Life Foundation to become a voice of autism, and drive advocacy for improved media support during Autism Awareness Month.
Conversations around media support exploration was led by Joseph Omotayo, head of Department for Human Interest Stories at Legit.ng, and Dr. Eziafakaku Nwokolo, founder and CEO of the Shade of Life Foundation,
This partnership is a response to the concerns raised by organizations like the Shade of Life Foundation about the level of support received from the media in discussing autism as a disability.
While other disabilities may receive attention, autism, with its critical developmental implications often lacks adequate representation in mainstream media.
Recognizing the importance of addressing these concerns, Legit.ng took proactive steps by integrating itself into the essence of autism awareness.
It facilitated a one-hour workshop with Dr. Nwokolo, the founder of the foundation, to deepen our understanding of autism, its various spectrums, and the language boundaries associated with it.
Other steps we took in advocating autism awareness in the media, can be seen in our attached press release.
Legit.ng believes that by amplifying the voices of autism and advocating for better media representation, we can contribute to creating a more inclusive and accepting society for all.
- News2 days ago
Prof. Aliyu, AI Practitioner to Keynote ABoICT 2024
- Telecom2 days ago
Tariff Hike Threat: NCC Urges Telcos to Reduce Operating Cost
- Telecom2 days ago
The NCC, Telcos and the Tariff Discourse
- Broadcasting2 days ago
Why Multichoice Hiked Subscriptions for DStv and GOtv Packages- FCCPC
- E-Financial2 days ago
Nigerians Trust Bitcoin for Financial Security than Sanks – Report
- Telecom2 days ago
Wale Owoeye Shines among Nigeria’s Top 50 Digital Economy Leaders
- E-Business2 days ago
Paga Hits N14tri Transactions Value in 15 Years
- Uncategorized2 days ago
Dufil Prima Foods Brings Relief to Indigent Families in Abeokuta