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Why Sage Offers Cheapest Software to Entrepreneurs In W/Africa- Nmonwu

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Magnus Nmonwu, regional director for Sage West Africa
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Magnus Nmonwu, regional director for Sage West Africa, has reiterated the Company’s resolve to give ‘voice’ to entrepreneurs in West Africa through its robust accounting software.
He made the remark during an interview with Nigeria CommunicationsWeek  in Lagos recently, adding that Sage’s decision to offer its software at a rate as low as N4000 was aimed at assisting entrepreneurs in the West African market leverage opportunities in their environment.
Nmonwu, with more than 14 years’ experience in consulting for Multinational and National companies in the areas of Taxation, Payroll Administration and Business Compliance, presently focuses on business and sales development related activities; supporting the SSB, SMB and Enterprise team with a view to increase new customers acquisition in the region.
Before joining Sage, Nmonwu was the Unit Head of the IES, PAYE and Payroll Outsourcing group at KPMG Professional Services in Nigeria.
In this interview with Peter Oluka, he explained how Sage’s software can assist Entrepreneurs in the West African market leverage opportunities in their environment. Except.

As A Nigerian Leading Sage West Africa
I really don’t look at it as different. I worked at KPMG for 13 years. There, I also rose to the top having joined at the entry level.
So, working at Sage is a more or less continuing my carrier like in KPMG but in a bigger platform; so, I have a lot of responsibilities now. For the fact that I have so many people to report to in-country makes it a lot more interesting.
I tend to be accountable at all times in all my actions and decision-making processes. Therefore, it is an exciting opportunity to be part of the team leading the voice of entrepreneurs in this region.

How Sage Views Nigeria’s Business Climate in Period of Recession
The reality with recession in the country is that most organizations are looking to creating efficiencies in their systems. No business wants to close shop, all of a sudden.
That idea to entrench efficiency in the system comes with the opportunity to infuse certain solutions that can help create visibilities for the decision makers; enabling them to have information to make crucial business decisions even on the go.
For us at the Sage, I wouldn’t say we are not been hit by the recession, because we spend in the same market like every other person in the country.
But, in terms of Sage business, it has been as usual. Companies are still acquiring our software to ensure they can operator more efficient. They need those business tools to guide them and Sage is here to provide them with such solutions.

Sage’s Presence in Nigeria
Our team is recruited from the ‘local’ market. By virtue of our culture in Sage, anywhere our office is located we tend to recruit the nationals.
Our office in East Africa is led by a Kenyan. On how we leverage the environment, we also tend to get involved with events happening in our immediate environs.
Recently, we joined the Lagos State Chamber of Commerce and Industries (LCCI) technology forum. We publish informative and educating articles via the news media; we continue to contribute our thought leadership into the activities of businesses in our areas.
This cuts across areas we operate. We are also identifying individuals whom we, after training them, ‘push’ them to businesses to succeed. We have about three business partners who have adopted the skilled manpower we produce.

Areas of Focus in 2017
Cloud is one, because we found out some companies lack the financial capacity to get into an IT environment which requires servers, a team of IT personnel to help them drive the infrastructure. Cloud affords small businesses the opportunity to run IT management tool seamlessly.
With Sage cloud solutions they will remain update, or do not have to fear about legislations that necessitate change.
So, one of the things we are doing in terms of innovation is that we are working on software for account, but not necessarily for accountants only.
Like the Sage X3 you do necessarily need to have prerequisite training to use it. The user interface and the language are in simplified form. The flow chat allows easier navigation.

How Sage Reaches Out to SMEs, Others
Sage is actually doing a lot in the Small and Medium Enterprises (SMEs) space. Sage is the market leader for integrated accounting, payroll and HR systems. Our heritage points to the fact Sage started as a small business too.
The couple started the business way back in Newcastle and it has transcended to having 14,000 employees operating in 23 countries.
We believe strongly that small business power world leading economies and there is no effort that any government puts with regards process, infrastructure or skill acquisition that is a waste. Sage has a solution meant for SMEs segment in the market.
It is the cheapest account solution anywhere in the world. In Nigeria it sells for as low as N4000. In the recent ICAN conference in Abuja (Nigeria), where over 4000 chartered accountants converged, the event was co-sponsored by Sage while Sage One accounting was the solution pitched at the event. You don’t need to be an accountant or requiring any IT infrastructure to use it; all you need is a device and connectivity.
Secondly, I do not agree that the only challenge of businesses is Finance. Finance is key, but that is not the basic.
There are certain businesses doing very well today, but started without much financing. The major problem with businesses is knowledge; in the sense that some SMEs do not even know how many people owe them and vice versa.

Building Smart Business Environment
I have been to Fidelity Bank’s SME programme and other relevant platforms, and the focus has been: the opportunities are out there, our people perish for lack of knowledge.
That is a Biblical quotation that translates to business environment today. If you know there is software you need to empower your business and enforce efficiency, why not go for it. So people waste man-hours, energy and resources on simply things that technology can easily do for you.
How can you pitch for a business in Badagry and your office is in Victoria Island; you want to commute to VI to process the documents, make order and deliver. Sage is saying ‘save your strength’.
With Sage smart technology in your palms, right from the entry to enterprise level solution you do not need to be at the office to use them. As long as you have internet, you can sit at Badagry there, place the order, check your inventory level, and even initiate delivery of the product, raise the invoice and print it.
You close the deal and pursue other ones on your way back to Victoria Island. So, we create opportunities for customers and businesses to do what they know how to do best. So, Sage tries to be the core solution to make businesses successful.
Our entry level solution is web-based and easy to use. Recently, we partnered with a bank to reach out to SMEs in Alaba Int’l market, (Lagos), Enugu and several other places; the aim has been the introduction of software to businesses.
Also in Ghana, we have written article concerning the elections, advising that whoever takes over should have two things.
Create policies and enabling environment to spur up businesses in Ghana. Secondly, the Government needs solutions to ensure accountability in State affairs.          

Pirated Software and the Risks Involved
The reality is that in our environment we can’t completely eradicate software piracy. But, what we are hoping to achieve that we should be able to minimize it.
When people use software that is not authorized chances are your system can easily be hacked leading to data loss.
Even when there are changes in legislation you do not get the necessary update. Also, if you have problem today that requires legal intervention, you wouldn’t know who to sue.
Nigerians travel a lot and when they buy over the shelve software, bringing it into the country, they certainly operate for a while, but they are not meant for this environment. Our software is uniquely designed for Nigerian users; tailored for the environment.

Advice to Entrepreneurs
They should get their hands bus; do not disperse the little beginning. They can get self employment or sign up for internship programmee, hopefully for the first couple of months without pay.
But, we are assuming that when you do get in there and add value you will certainly be admitted. There are some government programmes out there to leverage on.
The reality is that at some point in everybody’s carrier, people tilt towards entrepreneurship. Those who have ideas can work meet those with necessary infrastructure as to raise funds.
Partnership is key too in setting up something. They can leverage our internship programme too where 45 people benefited this year. We are supporting them, but my comment is do not disperse the little beginning.    

 


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TETFund Moves to Tighten Security in Tertiary Institutions

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The Tertiary Education Trust Fund (TETFund) is set to develop a comprehensive security master plan for tertiary institutions nationwide.

The Chairman of the Board of Trustees (BoT), TETFund, Aminu Bello Masari, made this known during his remark at the opening ceremony of a two-day workshop on campus security towards the development of a security master plan for tertiary institutions in Nigeria, held in Abuja.

He outlined the various threats faced by tertiary institutions, including banditry, kidnapping and cyber intrusions.

Masari explained that the master plan aims to enhance threat prevention, detection and response capabilities.

According to him, the discussion at the workshop, which was attended by all the chief security officers of all tertiary institutions, will cover various aspects of campus security, including intelligence gathering and emergency response mechanisms.

He stressed the shared responsibility of campus security among government, security agencies, administrators, students, staff and communities.

The workshop is described as a critical national document that will shape campus security policies and operations.

He encouraged participants to approach the deliberations with dedication, innovation and practical solutions, adding that outcomes of the workshop will significantly impact the safety of campuses and the future of Nigerian tertiary education.

The participants, including chief executives, deans, security officers, and law enforcement representatives, were encouraged to share experiences and practical solutions to ensure robust, future-proof campus security.

“What we begin here today is not merely another conference. It is a foundational step in developing a comprehensive, forward looking security master plan for tertiary institutions in Nigeria.

“This master plan is expected to establish a security of time framework for all time sharing institutions to transcend institutional capacity for threat prevention, detection, mitigation and response, promote intelligence-led security operations and proactive risk management, protect students, staff, facilities, infrastructure and intellectual assets, deepen collaboration between institutions, security agencies and host communities institutionalized emergency preparedness, crisis management and business continuity protocols and integrate modern, physical and digital security technologies into campus operation.

“These deliberations are not theoretical. They form the building blocks of the national framework that will guide campus security policies, investments and operations for years to come. I am particularly encouraged by this diversity of participants. Present here are chief executives, Dean of Student Affairs, chief security officers, ICT professionals, security analysts and the representatives of law enforcement agencies,” he stated.

In his remarks, the Executive Secretary, TETFund, Sunny Echono, pointed out that some campuses are porous and easily invaded, making them attractive targets for criminals.

He recalled a previous mapping exercise to identify high-risk areas and establish emergency response mechanisms.

He said there is a need to interface with various agencies and units in case of a security breach, ensuring clear communication channels.

Echono stressed the importance of having clear communication channels to alert and respond to security breaches, involving agencies like the military, police and Civil Defence.

“Those high-risk areas we identified and see how you can have some emergency response mechanism. This is only the first layer that is there, at the security layer at the source. Naturally, you know you have to interface with so many other agencies and units in the events of such an occurrence,” he said.


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NiDCOM Launches Diaspora Startup Challenge to Boost Nigerian Talent

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The Nigerians in Diaspora Commission (NiDCOM) has sought to harness the innovation and expertise of Nigerians across the globe with the launch of the Connected Diaspora x DOWA Start-Up Challenge and the Connected Diaspora Flagship Event 2025.

Speaking at a news conference in Lagos, Abike Dabiri-Erewa, Chairman/CEO of NiDCOM, described the initiatives as timely and transformative, noting that they are strategically designed to tap into the creativity, enterprise and professional strength of Nigerians in the diaspora.

She said the Start-Up Challenge, themed “Building, Breaking and Believing in Nigeria,” aims to energise innovators abroad by promoting knowledge transfer, enterprise development and strategic investment to support Nigeria’s rapidly expanding economy.

According to a statement by NiDCOM, the challenge, which offers cash prizes of up to ₦1 million, is targeted at spotlighting exceptional ideas and supporting impactful ventures created by Nigerians living overseas.

According to Dabiri-Erewa, the initiative aligns with the Federal Government’s overarching goal of engaging the diaspora community as key partners in national progress.

She further announced that the Connected Diaspora Flagship Event will take place on December 19, 2025, in Lagos, and will bring together entrepreneurs, policymakers, investors, technology leaders and strategic partners for critical discussions on Nigeria’s future.

Kadiri Hamzat, Deputy Governor of Lagos State, will serve as the Special Guest of Honour and is expected to speak on the importance of collaboration between government and the diaspora in accelerating development.

NiDCOM also revealed that notable contributors from the global diaspora community and Nigeria’s entrepreneurship ecosystem will enrich the sessions and help shape new pathways for meaningful engagement.

Dabiri-Erewa said their support remains invaluable in driving the success of the initiative. She emphasized that their continued collaboration helps unlock the potential of Nigeria’s global talent pool and fosters sustainable economic growth.

The Commission called on stakeholders across both the public and private sectors to support the initiative, stressing that the opportunities for innovation, collaboration and nation-building are immense.

NiDCOM urged young Nigerians and diaspora returnees to participate actively in the Start-Up Challenge, reminding them that entries close on December 12, 2025.

The December event will also feature a Diaspora Talent Career and Internship Fair, aimed at connecting diaspora returnees with internship opportunities offered by DOWA partner organisations.

NiDCOM said the fair will further strengthen talent exchange and deepen the country’s development capacity.

The programme timeline includes the opening of applications for the Start-Up Challenge from November 18 to December 12, followed by public voting on Instagram from December 13 to 17.

The winner will be announced on December 18, ahead of the final presentation at the JK Randle Centre in Lagos on December 19.

NiDCOM encouraged interested participants to follow the provided registration details and take advantage of the platform created to connect, innovate and contribute to national advancement.


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PromoPrint Rekindles Nigerian Resilience @ 25th Anniversary

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L-r; Dr. Chukwuka Monye, Founder, Ciuci Consulting; Mrs. Bola Adesola, Chairman, Ecobank Nigeria; Mrs. Patricia Ojora, CEO PromoPrint Ventures Ltd and Mr Jonny Baxter, British Deputy High Commisioner at the 25th anniversary of PromoPrint Ventures held in Lagos recently.
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Indigenous printing company, PromoPrint Ventures Ltd, celebrated 25 years of operations in the country on Tuesday 2nd December, at an event held at the Lagos Motor Boat Club in Lagos.

The evening saw business executives, clients and stakeholders in the printing space gathered to attest to the dexterity and Nigerian resilience demonstrated by Mrs. Patricia Ojora, the Founder and Chief Executive of the company in sustaining the growth of PromoPrint over the last 25 years.

Amongst many things on display that evening were PromoPrints very first t-shirt printed in the year 2000. Guests also cheerfully adorned custom-made patterns done by Promoprint on our indigenous cotton fabric (Funtau).

In her opening remarks, Mrs. Patricia Ojora recalled the past 25 years of operation in Nigeria at the helm of PromoPrint. While not easy, she says:

“We’ve been able to do it and we enjoy it. There’s nothing better than creation. To create something from nothing and do it so well, it’s a passion for me. It’s something that I really, value.  I’m a great supporter of Nigeria, so I believe that we should be able to do things well in Nigeria. We don’t need to always import, that’s why we’re doing this today, to be able to collaborate with people. Most of the people here are people we’ve collaborated with and have worked hard to build Nigeria back up”.

She recounts how she was able to change the narrative of many Nigerians that were printing outside of the country who are now printing with PromoPrint Ventures. “People used to print outside the country because they didn’t trust the quality that was here in Nigeria,” Patricia explains with an understanding that “we can produce good quality here within Nigeria.”

The company is a one-stop shop for all things printing with all operations happening in-house, from the expertise of crafting graphics and garment production to the t-shirts, roller banners, corporate gifts and more being rolled out on a daily basis. “What we are selling is peace of mind in a chaotic place.” Patricia says, with nearly three decades of successful operations and collaboration under her belt.

Significantly, she makes sure the company remains primed for the future, using AI and the like to remain progressive in strategy and implementation. Patricia proudly states, “Our automated printing carousel can churn out 10,000 tees a day if needed and our many corporate clients can attest to this.”

In attendance was Atedo Peterside (CON), Founder, Stanbic IBTC Bank Plc, one of many guests in the room who spoke to PromoPrints impact. “There’s something about longevity,” he shares with the crowd, “If you’ve kept the business going for 10 years, I always tell people, it means you’re doing something right. If you get it going for 20 years, you’re doing something very correct. Patricia must be doing something phenomenally right and it’s my sincere hope that she keeps it going, keep building, keep innovating.”

“Patricia can create almost everything,” Peterside remarks, “she has the courage, audacity and the commitment.”

Mrs. Ibukun Awosika, Nigerian businesswoman and the first female Chairperson of First Bank of Nigeria, contextualises the tenacity of Patricia’s efforts rather well. She reminds the room that “when you think of how many big multinationals who have so much that protects them, who have a lot of support systems internationally and locally, who gave up on Nigerian manufacturing, then you have to go back and think about those of us like Patricia.”

Even after 25 years, Nigeria remains in need of more Entrepreneurs, particularly those like Patricia, to boost the SME and manufacturing industry in the country despite the odds. “She didn’t give up,” Awosika says in admiration.

“What is key is that, when we celebrate the likes of Patricia and her company, we know without a doubt that it’s not just because they want to have a celebration. It’s because, in truth, the Nigerian entrepreneur is a star, and even more so, the Nigerian manufacturer.” Awosika concludes.

So, we celebrate Mrs. Ojora and her PPV entire team, and all that has gone into 25 years of hard work, commitment, creativity, we also recognise the passion that does not allow you to give up on the vision, the commitment to not only creating jobs for other Nigerians but creating value within Nigeria. The commitment to innovating a solution for every challenge and every situation. Indeed, it was a worthy celebration.


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