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Finnih, Ommo Clark Share Business Nuggets at CFA’s Startups Hangout

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(L-r): Chukwuemeka Fred Agbata Jnr, presenter, Tech Trends on Channels Television and Convener, CFA's Startups Hangout; Ommo Clark, CEO, iBez Solutions and Bolaji Finnih, Fonder, TechPreneur Africa, both Speakers at the July 2017 edition of CFA's Startups Hangout.
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The July 2017 edition of CFA’s Startups Hangout was held at Adna Hotel, GRA, Ikeja on July 14, 2017 and Startups that attended, had a very interesting knowledge-imparting session, listening to and asking questions on how to better run their Startups for productivity, profitability, efficiency, etc., from the two distinguished and successful Entrepreneurs who were guest speakers at the event.

First to speak was Ommo Clark, CEO iBez Solutions. She gave reasons why most Nigerian businesses fail and these are:

a) There is a world of difference between how to generally run a business and how to actually run actually do business in a particular or specific environment.

She advised the Startup attendees to always study and learn what it takes to do business in the environment where they find themselves, so, they will not fall into the kind of problem she fell into when she started her business, as she could not earn any income for a long period of time in spite of the fact that, the solutions that she was offering to the market were very good and she was very good at providing those solutions, all because she approached the marketing aspect the wrong way.

b) The second reason why businesses fail in Nigeria, Ommo noted, is the fact that most Startups do not analyse and test their ideas and solutions before hitting the market with them.

“In more developed countries; much emphasis is placed on analyzing and testing solutions before hitting the market with them after finding them viable”, she emphasised.

She advised, however, that they should not restrict the testing of their solutions with only their friends and relatives because they may not be objective sometimes, but also test them with people they do not know to get a fair result of the tests before market entry.

Ommo stated that, although, writing codes is good, those codes should, however, be analyzed and tested to ensure that they really solve the problem that are intended to be solved.

Then came the time for Bolaji Finnih, Founder, TechPreneur Africa, to speak. Bolaji noted that the main issue bothering many Startups is how to make money from using all of these technologies springing up all around us on daily basis. He stated that Startups, therefore, need to know the Apps that work for them.

“Much as business opportunities present themselves, if you don’t understand the business and control the flow, end to end, don’t do it, because, if you do, and there is any hitch along the line to that you have no control over and you can’t deliver, then, you are out of business”, Bolaji advised, giving an example of how he had to close a line of business because he could not control an aspect of it and failed to deliver.

Bolaji also stated that Startups should start with what they have and move on to grow their businesses from there.

He gave the example of a very good website developer he knew who started with only his CPU, back then, and was always looking for where to borrow a Monitor and Keyboard to couple the CPU to, so, he could work. He said that the developer is doing very well today in spite of those initial challenges that he had.

He also advised the Startups to imbibe the spirit of Entrepreneurship, so that Nigeria can move from a nation of hustlers to a nation of Entrepreneurs.

He said that the spirit of Entrepreneurship is to note that you cannot do everything, hence, have focus and stick to it. You “Entrepreneurial strategy is more of what you do not do than what you do”, Bolaji stated.

Bolaji also advised the Startups that they should not see any idea that comes to their mind as exclusively their own because there is no end to the flow of ideas, hence, they should be open to collaboration and partnership in order to achieve the bigger picture. He stated that the Startups need to learn how to scale their businesses in order to be relevant, both in Nigeria and internationally.

Three of the many other wise business counsels shared by the speakers during the question and answer session include:

a) When you are in business, be true to yourself and have someone who can tell you the truth about you and your business beside you all the time. It helps you to stay focused in your business.

b) An Entrepreneur needs to develop himself in the areas Finance, Marketing, Human Resources, etc., by studying from free online courses on them, in order to have a grip on their business.

c) In today’s world, where many staff of organizations do not concentrate on work, but would rather be busy with chatting away on social media platforms, there is the need to set up productivity targets for the staff. It is better to track productivity rather than activity.

An Entrepreneur can also activate “Performance Related Pay” strategy, PRP, whereby, staff are paid according to targets achieved and also compensated with a commission if targets are exceeded, after the periodic review.

The July 2017 edition was sponsored by TechPreneur Africa and TAMS. TAMS also made a presentation on the services it renders in the field of Human Resources from recruitment to retirement, etc., which the Startups can patronize in running the HR department.

“We also thank the Media Partners of the CFA’s Startups Hangout, Nigerian CommunicationsWeek, Guardian Tech and CFAtech.ng, Connectnigeria.com and ITPulse.com.ng for spreading the awareness of this unique opportunity for Startups to learn and grow”, CFA said.

Watch out on https://startups.cfatech.ng/ for details of the August 2017 edition of the CFA’s Startups Hangout which also promises to further enlighten our growing Startups on the path to achieving success and greatness.

CFA is the Founder, www.CFAtech.ng & Co-producer/Presenter,Tech Trends on Channels Television


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Microsoft Revamps Copilot in Workplace AI Push

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Microsoft has rolled out a new set of features for its Microsoft 365 Copilot platform, including tools for complex, multi-step work and deeper research tasks, as competition in workplace artificial intelligence (AI) intensifies.

The update introduces Copilot Cowork, a capability aimed at handling long-running tasks across Microsoft 365 applications.

The feature is being made available through the company’s Frontier programme, which typically gives early access to experimental tools.

Microsoft is also integrating technology linked to Claude – an AI model developed by Anthropic –into Copilot, signalling a broader shift toward using multiple AI systems within a single product rather than relying on a single model.

Jared Spataro, chief marketing officer for AI at Work at Microsoft, says the company is positioning Copilot as a system embedded directly into workplace software, rather than a standalone tool.

“Microsoft 365 Copilot is your AI for work,” he says, adding that it draws on multiple AI models and is integrated into existing workflows.

Alongside this, Microsoft has upgraded its Researcher feature, which is designed to analyse information from multiple sources and generate structured reports.

A new “Critique” function separates the drafting and review process between different AI models – one generates an initial response, while another evaluates and refines it.

The company says this approach improves output quality, with Researcher showing gains on its internal benchmark for accuracy, completeness and objectivity.

Another addition, called Model Council, allows users to compare outputs from different AI models side-by-side, highlighting differences in responses and reasoning.

The updates form part of what Microsoft calls “Wave 3” of Copilot, as it pushes to embed generative AI deeper into enterprise software. The move reflects a wider industry trend towards combining models from multiple providers, including OpenAI and Anthropic, to improve performance and reliability.

 


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Dangote Refinery Debunks Speculations on IPO

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Dangote Petroleum Refinery and Petrochemicals (DPRP) has debunked recent circulation of unauthorised information regarding a potential Initial Public Offering (IPO).

Dangote Refinery Debunks Speculations on IPO

In a statement, DPRP noted that several online platforms and unofficial sources have published unverified, and in some instances inaccurate, information relating to a potential offering.

“Such reports do not originate from DPRP and should be treated with caution. All official updates regarding any potential transaction will be communicated strictly through DPRP’s formal public disclosures and announcements issued by its appointed advisers, in line with applicable laws and regulatory requirements.

“Accordingly, the public, investors, and all market participants are strongly advised to disregard speculative commentary and rely solely on verified information formally issued by DPRP or its authorised representatives,” the statement said.

The firm assured stakeholders that, when appropriate, comprehensive, and accurate details regarding any proposed transaction will be made available through official channels, including regulatory filings, authorised press releases, and coordinated communications by the Enterprise and its appointed advisers.


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Descasio Launches “Give to Gain” Leadership Insights Report, Hosts Executive Brunch for Women in Leadership

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In celebration of International Women’s Day, Descasio hosted an intimate executive brunch bringing together distinguished women leaders from its customer community for a thoughtful conversation on leadership, partnership, and shared growth.

Centered around the 2026 International Women’s Day theme, “Give to Gain,” the gathering created space for accomplished women in enterprise leadership to reflect on mentorship, collaboration, and investing in people as key drivers of sustainable growth.

Held in Lagos, the event convened leaders from organizations including Honeywell Group Limited, Finchglow Travels, NGCOM, and Eroton Exploration & Production Company.

Guests were personally welcomed at the start of the gathering by Mr. Dele Nedd, CEO of Descasio; who greeted each of the women leaders and expressed his appreciation for their presence before leaving the session to allow the women lead the conversation among themselves.

The gesture reflected Descasio’s leadership culture; one where women are not only recognized, but actively supported and empowered. It also underscored the company’s belief that meaningful progress in leadership requires partnership and allyship across the organization.

Rather than a traditional panel discussion, the brunch was designed as a candid and reflective exchange among peers navigating leadership in complex industries. Throughout the conversation, participants shared perspectives shaped by experience, responsibility, and the realities of leading teams and organizations.

A recurring theme in the discussion was the role of execution and accountability in leadership. For many organizations, strategy alone is not enough; consistent delivery is what ultimately builds credibility and trust.

Reflecting on this, Josephine Adebola, Data Compliance & Process Automation Manager at Finchglow Travels, emphasized the importance of reliability in leadership and the discipline required to translate vision into results. “Get it done on time and in full.

The conversation also explored the role of curiosity and continuous learning in shaping effective leaders. In rapidly evolving industries, the ability to ask questions, remain open to new perspectives, and keep learning is often what enables leaders to grow alongside their organizations.

Sharing her perspective, Tomi Otudeko, Chief Operating Officer at Honeywell Group Limited, reflected on how curiosity has shaped her leadership journey.

“Asking questions and continuously learning have always stood me in good stead as a leader.”

She also spoke about the importance of leading with empathy and understanding the people behind the roles within organizations.

“Everyone has multiple dimensions to who they are. Leadership has taught me to see people in their totality. That awareness doesn’t make a leader weak; it makes them more effective.”

Another important theme that emerged from the conversation was authenticity in leadership. In an environment where leaders often face pressure to conform to traditional expectations, remaining true to one’s identity while continuing to evolve is essential.

For Helen James-Eziashi, General Manager at NGCOM, authenticity and curiosity remain key guiding principles. “Be yourself, keep learning, and stay curious.”

The discussion also highlighted the role of self-awareness in sustaining leadership journeys, particularly in complex and high-responsibility environments. Understanding one’s values, motivations, and support systems often becomes the anchor that allows leaders to navigate uncertainty with confidence.

Reflecting on this, Ifeanyi Onyejekwe, IT Manager at Eroton, emphasized the importance of knowing what grounds a leader.

“Know who you are and understand what supports and sustains your leadership journey.”

According to Descasio, the event reflects its broader commitment to building strong partnerships and fostering meaningful leadership conversations across its enterprise customer community.

“For us, this was about more than marking International Women’s Day,” said Umama David-Ogebe, The HR Manager at Descasio. “It was about creating a space where leaders could learn from one another and reflect on the kind of leadership that builds strong organizations. The most meaningful partnerships grow from conversations like these.”

To extend the impact of the discussion, Descasio has published “The Give to Gain Leadership Report: Insights from Women Leading Enterprise Organizations,” a curated publication capturing key reflections and leadership lessons shared during the session.

The report highlights themes including:

  • The role of curiosity and continuous learning in leadership
    • Building stronger teams through empathy and accountability
    • The importance of authenticity and self-awareness in navigating leadership journeys
    • How investing in people drives stronger partnerships and resilient organizations

The Give to Gain Leadership Report is now available for download Here.


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