Tag: content

  • #AMVCA Lati Wasabi clinches best digital content creator category.

    #AMVCA Lati Wasabi clinches best digital content creator category.

    Renowned for his tall and lanky frame and unique brand of humor, comedian Layi Wasabi has clinched his maiden Africa Magic Viewers’ Choice Awards (AMVCA) in the Best Digital Content Creator category.

    The prestigious event, holding at the Eko Hotel & Suites in Lagos, showcased his exceptional talent and creativity, placing him in the spotlight alongside other notable nominees like Elozonam and Taaoma.

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    Despite stiff competition, Layi Wasabi’s comedic prowess and engaging content stood out, earning him the coveted award.

    Known for his ability to tickle the funny bones of his audience, Layi Wasabi did not disappoint as he delivered his acceptance speech with trademark humor, leaving attendees in stitches with witty punchlines.

  • Four reasons you need to start creating content for your small business

    Four reasons you need to start creating content for your small business

    By Akanimoh Asuquo

    Research as of January 2020 showed that the total world population stood at 7.75 billion, smart mobile phone users are about 5.19 billion, internet users 4.54 billion, and active social media users 3.80 billion.

    Statistics also show that every minute, about one million people log on to Facebook, 3.8 million searches are made on Google, 4.5 million videos are viewed on YouTube and 347 thousand users scroll on Instagram and other platforms.

    Social media has become an effective tool used for modern information dissemination across the globe.

    It has become a lucrative platform for creative entrepreneurs to thrive.

    Brands and businesses now leverage social media platforms to double sales, promote products and services for visibility, as well as communicate with both existing and potential customers.

    This is made possible through effective and consistent content creation.

    Every business online uses content to showcase its products and services to both its existing and potential audiences.

    It is on this background that I want to share with you four reasons you need to start creating content for your small business online in this digital age.

    1. Business awareness:  One of the reasons every business needs content creation to thrive is brand awareness – to be known to as many people as possible who are online.

    The goal of every business is to double sales and be visible online and this can only be possible through content that brings your business to the eyes of people online.

    The success of any business or organization is determined by its ability to project itself to the public.

    People need to know what you are doing if they will ever purchase your product or ask for your services.

    To create awareness about your products and services, you need to create content about them. With content creation, people will know what you are doing, why you are doing it, and how you are doing it. It will protect you in the face of over 5 billion people using the internet today which is about 63% of the world’s population.

    Well-written content is the easiest way to reach more people. Traditional forms of advertising or the use of word-of-mouth advertising can’t do in 100 years what engaging and valuable content can do in 1 year. Try it out and come and share your testimony with me.

    2.  Target customer attraction: It is through consistent content creation that you attract your target customers who will later buy from you.

    Everyone is not your target customer. You need to differentiate between an audience and a target audience or customer.

    An audience is someone who reads your content while a target audience or customer is someone who reads your content and needs it to solve a problem in their life.

    Creating good content will help you separate your audience from your target customers. Then you can concentrate your energy on building relationships with your main customers.

    3. Content nurtures your customers:

    It is not enough to attract your target audience, there’s more work to be done after you’ve attracted them.

    You need to feed and nurture them for a purpose. It is at this stage you develop the KLTV factor as a brand or business. KLTV stands for ‘Know, like, trust, and value.’

    People don’t buy from those they don’t know or trust. They buy from people they know, like, trust, and value. Content gives you the platform to establish this with your audience.

    So, as a business-minded person, you must leverage content to nourish your audience and develop a rapport with them through written content that solves their problems and answers their questions. This will enable them to know you, like you, trust you, and value you.

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    4. Conversion of audience to customers:

    After you’ve nurtured them with your consistent content, they now know, like, trust and value you, what follows is that they’d graduate from the mere audience to people who can confidently buy from you without fear – conversion – you will double sales.

    Every business wants to make more money daily. And I am sure no business wants to do otherwise.

    Now, you need to understand that before anyone will buy from you, they need to know you, like you, trust you, and value you. Once these 4 things are achieved they will buy whatever you sell to them no matter what it is. They will become your customers and even beg you for their money.

    However, you must understand that sales don’t happen overnight. You don’t just start selling immediately you start creating content, it takes time and consistency.

  • ‘$200m Content Fund for probe’

    The Federal Government has said it will commence forensic audit of oil companies’ contributions to the Nigerian Content Development Fund (NCDF) in which $200 million had been committed.

    The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), custodian of the fund,  Simbi Wabote, stated this at the 17th strategic Nigeria Oil and Gas (NOG) conference in Abuja. He threatened to handover saboteurs in oil firms to the Economic and Financial Crimes Commission (EFCC).

    Alleging grand sabotage against the Nigerian content development, Wabote in an opening speech at the Nigerian Content Seminar, a session of the NOG, maintained that some of the International Oil Companies (IOCs) are fond of giving “you all excuses why the local content cannot be achieved. All forms of sabotage are being brought against us. We will, despite this, stand our ground to ensure that local content is achieved at all cost.”

    He said: “The forensic audit of the Nigeria Content Development Fund will commence. If we discover any sabotage, we will hand over any company liable to the Economic and Financial Crimes Commission (EFCC).”

  • Skye Bank’s website ‘best in content, accessibility’

    Skye Bank’s website ‘best in content, accessibility’

    Skye Bank’s website www.skyebankng.com has emerged the overall winner in two categories namely, Web content and Accessibility in the 2017 edition of the yearly website Web Jurist Award conducted by Philips Consulting.

    Also, in the Technical aspect, Skye Bank ranked among top contenders, such as Access Bank, Zenith Bank and United Bank for Africa, an improvement on the previous year’s performance.

    The bank’s website ranked overall fourth best from eight position in 2016, and 18th in 2015, owing to the bank’s investment in the upgrade of its website and the robust real-time content strategy it deployed. The result shows the bank’s website is one of the most improved, beating other lenders in that space. This is a validation of Skye Bank’s dedication to continuous improvement and service quality, steeped in the use of information and communication technology.

    The Web-Jurist rating and awards is an initiative of Phillips Consulting Limited, aimed at measuring the effectiveness of websites in the private sector, to ensure continuous enhancement of e-business activities and encourage better web communications practice.

    The consulting giant carried out a detailed evaluation of the websites of 20 commercial banks, 103 Federal Government parastatals, 29 state governments, 47 insurance companies, four telecoms companies and seven indigenous airlines.

    The lender’s performance is an improvement from last year’s when it was rated eighth behind Ecobank’s who emerged overall winner at the time. Similarly, this feat is a validation of Skye Bank’s industry leadership in e-payment and compliance with best practice, which requires provision of accurate, relevant and timely information on organisational websites at all times.

    The awards which started in 2001, evaluates the effectiveness and performance of Nigerian websites based on criteria agreed by e-business experts from Philips Consulting.

    Winners are selected in categories that include: aesthetics, technical aspects, website content, e-financial services, customer experience and performance. The award also recognises other organisations across banks, discount houses, telecommunication and insurance firms.

    “Winning the best web content and accessibility award is a significant accomplishment and demonstration of the bank’s commitment to provide its online stakeholders with accurate, relevant and timely information at all times and eliminate barriers that prevent interaction with the website,” the lender said in its reaction.

  • NNPC may ban petrol with high sulphur content

    NNPC may ban petrol with high sulphur content

    The Nigerian National Petroleum Corporation (NNPC) may ban imported fuel with high sulphur content by December 31 this year, its General Manager, Group Public Affairs, Ndu Ughamadu, has said.

    NNPC had planned to ban petrol with high concentration of high sulphur content between July1, last year and last July 1, but was unable to do so due to some regulatory bottlenecks.

    Ughamadu told The Nation that NNPC may implement the ban, adding that the issue is of great importance to the Federal Government.

    Ughamadu said: ‘’The issue of  banning the importation of fuel, with higher volume of suplhur and other imports that contain a considerable level of harmful materials, is sacrosant. The government, through  NNPC is not leaving anybody in doubt, about its readines to outlaw dirty fuels, since they are posing threats to human lives. Yes, the banning can still take place before the year runs out, at least for the sake of safety of consumers. 2017 has not ended, as it remains two or three weeks to go.’’

    He said the process of making Nigerians use fuel, which contains lower level of sulphur is on-going, adding that NNPC has deciced to carry along quality control institutions like the Standards of Organisation of Nigeria(SON) on the issue to do a good job.

    He said switching from fuel with higher sulphur content to lower one was global and that many countries  in Europe and other continents have done so.

    Ughamadu said NNPC is charged with maintaining standards in the industry, especially in fuel consumption.

    Also, the former Minister of Environment, Ms. Amina Mohammed, said the Federal Government is working with the refineries to produce fuel with lower sulphur content in the near future, adding that the issue of enforcing the ban is of major concern to the government.

    Ms. Mohammed, now United Nations Deputy Secretary, said some countries have dumped fuel with high sulphur content, pointing out that Nigeria cannot be an exemption.

    She said NNPC has issued enough notices on the matter and that it can no longer delay the implementation. She said Nigeria will commence the enforcement of the 50 parts per million (ppm) sulphur in fuel soon to enble Nigerians use safer and environmentally-friendly fuel.

    She said new refineries that are coming up in Nigeria have been directed to produce fuel at 10 ppm to reduce its sulphuric composition.

    She said when that happens, Nigeria will be consuming fuel with five per cent sulphur  lower than that of South Africa, which has 15 ppm.

    ‘‘Some of the new refineries that are coming up have 10 ppm; South Africa is 15ppm. But for us, it is a West African problem and we hope that we can lead in West Africa by reducing it. So, there is no reason we can’t do it,’’ she added.

    Ghana has slashed the sulphur content in fuel to 50 ppm for imported petrol and diesel, from 1,000 ppm and 3,000 ppm.

    By this, Ghana has taken the lead in the West African sub-region, and it beholds on Nigeria to take similar steps to gaurantee the safety of its people.

  • SNEPCo sponsors Nigerian, Chinese suppliers to boost Nigerian content

    More than 20 Nigerian and 60 Chinese suppliers have met in Shanghai in China on how to boost the capacity of indigenous vendors in the oil and gas industry.

    The event was sponsored by Shell Nigeria Exploration and Production Company (SNEPCo).

    Coming shortly after the fourth edition of the Global Nigerian Forum in Aberdeen, Scotland, the  event, offered the Nigerians an opportunity to engage their Chinese counterparts on issues, such as transfer of technology and cost leadership.

    In his opening speech, the General Manager of Shell China Strategic Sourcing Development, Ding, Hiu Kwong said local content development is global, and not limited  to Nigeria, adding that Shell will continue to focus on safety, quality and cost reduction in China, as part of efforts to imp

    The Nigerian Content Development and Monitoring Board (NCDMB)  Monitoring and Evaluation Director, Tunde Adelana, commended Shell Companies in Nigeria for pioneering the collaboration between Chinese and Nigerian suppliers. He challenged the Chinese to establish their presence in the Nigerian oil and gas industry and compete with the other international companies that are taking the lead in major projects.

    Adelana, who represented NCDMB’s Executive Secretary, Simbi  Wabote, said Shell has done well in local content development in Nigeria.

    The Petroleum Association of Nigeria (PETAN) Vice Chairman Geoff Onuoha said Nigerian companies were keen on developing partnerships and effective collaborations for better service delivery lauded Shell “for the tenacity and commitment in pioneering a game changing initiative”.

    Onuoha, who is the NAPIMS Group General Manager, represented by Alexander Chukwu, said: “We expect to see the birth of new joint ventures and collaboration between Nigerian and Chinese suppliers.”

    He advised the delegates to look beyond the event and take advantage of the opportunity to deploy technologies and solutions that deliver quality services and reduce cost.

    SNEPCo’s Nigerian Content Development Manager, Austin Uzoka, said there were many areas in which Nigerian and Chinese suppliers could collaborate in the oil and gas company and that Shell would continue to provide the required opportunities within its resources.

    The Nigerias also visited some companies, among them, Neway valves, the world largest valve manufacturer, Sulzer Pumps, Hilong and MSP Drillex facilities, to deepen their appreciation of best practices.

    The Chinese suppliers, on their part, obtained guidance on business development and capital investment in Nigeria.

    SNEPCo’s Contracting and Supply team tracked the cost opportunities and work to embed them as part of an overarching cost reduction drive and faster supply chain transactions.

  • TCN chief working against local content initiative, say contractors

    TCN chief working against local content initiative, say contractors

    Local engineering, procurement and construction (EPC) contractors of the Transmission Company of Nigeria (TCN) have accused the firm’s Interim Managing Director/Chief Executive Officer, Mr. Usman Gur Mohammed, of threatening the local content initiative.

    In a statement, the local contractors accuse the TCN’s boss of preferring to use foreign EPC contractors instead of the local contractors for jobs Nigerian contractors could undertake.

    Besides, they said Mohammed had put many ongoing projects on hold.

    The local contractors said the Federal Government in the last two years, has enforced implementation of local content policies in the ministries, parastatals and agencies by maximising use of local goods, competent local contractors for the rehabilitation and construction of power transmission projects.

    The policy, they said, has helped to fast-track the completion of ongoing transmission projects to help the TCN to be able to wheel more power to the national grid and provide more power for Nigerians.

    The contractors added that Minister of Power, Works and Housing Babatunde Fashola had a meeting with them and discussed payment of outstanding invoices and promised to promptly pay new invoices.

    The local EPC contractors said: “This move has helped to bring back many projects on stream and a number of those projects are slated for commissioning next year. The commissioning of different transmission lines is a huge boost and clear sign that the transmission networks are being expanded.

    “However, as soon as the new CEO of TCN resumed, he has placed many of the projects on hold. He has refused totally to listen to reasons. He wants all the projects whether or not almost completed to go back to tender. The mess is total and the gains of the last two years are being jeopardised.

    “Besides placing several ongoing projects on hold, the TCN boss has failed to understand the legal implications and the potential losses in litigations, delays and liabilities that TCN may incur from his action and the negative impact the situation will have on the power sector. If the new TCN chief is not called to order and prevailed on to stop frustrating local contractors, he will spend most of his time in one conflict resolution or the order in one court case or the other. “

  • Experts seek more local content participation

    Experts seek more local content participation

    Experts have called on indigeneous companies and industrialists to embrace local content participation as a means of developing the economy.

    They spoke at the Biennial induction of 31 engineers into the Nigeria Construction Industry Hall of Fame at the Lagos Sheraton Hotel, Ikeja, last weekend.

    The theme was: “Local content and the economy … building capacity for growth.”

    Former Akwa Ibom State Governor Victor Attah said local content was not peculiar to Nigeria, noting that every country has its   local content policy. He explained that unless the country developed her local content, capacity building for sustainable growth would not be attained.

    The Nigeria Construction Industry Hall of Fame National Coordinator, Kenneth Stevenson, said:  “Nigeria has what it takes to make sustainable development happen considering her capacity in both human and natural resources.‘’

    Nigeria Society of Engineers (NSE) President Otis Anyaeji, who  chaired the event, lamented the government’s preference for foreign companies in contract awards because of the belief that indigenous contractors were inexperienced.

    He challenged the government to take a cue from China, which does not allow any foreign company to take a job from its firms.

    “Every country that have developed do so by improving its local content. The problem of Nigeria is Nigerians itself by neglecting her local content and embracing crude oil and importation. This year’s budget analysis centered on the production and promotion of local tent, meaning the President wants us to produce what we eat and what we consume. But up, today, the ministers have not taken it up to make it reality.  And I will tell you that If you allow the  180 million Nigerians to be busy positively, to contribute to the development of the nation, that is the only way to keep a peaceful and orderly society and not the other way round,” Anyaeji said.

    Also, Nigeria Content Development and Monitoring Board (NCDMB) Executive Secretary Simibi Wabote, represented by Mr. Tunde Adelana, regretted the rate of importation.

    He said: “All fabrication engineering and procurement are done abroad which results in unemployment, making local content to drop.”

    Also, Prof. Oladele Osibanjo of Jawura Environmental Service Limited urged the government to invest more on waste recycling to create more jobs.

    On the benefits of waste, he said: “The solids waste in the country is a mine waiting to be tapped for social development, wealth creation and poverty alleviation.the waste management industry need to be strengthened for betterment of all”.

    He urged individuals to invest in waste management industries to improve local content and build capacity for growth.

    Osibanjo said the problem with the economy was its inability to give priority to indigenous products. He revealed that most foreign firms were not controlled by Nigerians, with 85 per cent of their top management and staff not Nigerians.

  • Construction industry Hall of Fame pushes for local content

    Nigeria’s Construction Industry Hall of Fame, an initiative designed for the recognition of outstanding practitioners, organisations and key players in the construction, building, engineering, oil and gas and other related sectors, will host its 4th edition tomorrow.

    The event, to be chaired by  Nigerian Society of Engineers President Otis Anyaeji, will feature an interactive forum where professionals will dissect the theme: “Local Content and the Economy, Building Capacity for Growth.”

    According to Century 21 Systems Communications Ltd. Chief Executive Officer Mr. Kenneth Odusola- Stevenson, this year’s event is focused on the need for exploring local content to its fullest capacity and for local content to champion the economic revolution necessary for the diversification of the Nigerian economy, considering the current body language of the present administration that tilts towards growing local infrastructure at all sectors of the economy.

    Nominees for this year’s edition, he said, has started rolling in and proper scrutiny and selection process is on – going.  He also assured the industry that this year’s edition will surpass the past editions.

    Expected dignitaries at the occasion are the Vice President Yemi Osinbajo, Lagos State governor, Mr. Akinwunmi Ambode, among others.

    Key speakers will include, Group CEO Khariz Group, Samson A Opaluwah; former Executive Governor of Akwa Ibom State, Obong Victor Attah; Founder/CEO Clayfields & Harrow, Mrs. Adama Salihu ; President Waste Management Society of Nigeria (WAMASON) and Chairman/CEO, Jawura Environmental Service Professor Oladele Osibanjo, FNES.

  • Local content: NCDMB, BoI mull funding increase to $200m

    Local content: NCDMB, BoI mull funding increase to $200m

    The Nigerian Content Development and Monitoring Board (NCDMB) may increase its loanable funds to qualified oil and gas operators under the Nigerian Content Intervention Fund (NCI Fund) from $100 million to $200 million.

    The Executive Secretary of NCDMB, Simbi Kesiye Wabote, made this known yesterday during a visit to the newly appointed Managing Director of the Bank of Industry (BoI),  Olukayode Pitan, in Lagos. NCDMB appointed BoI as the custodian and manager of the fund.

    The NCDMB and BoI launched the NCIFund in July 2016 with $100 million, but its implementation was delay because of the need to fine-tune its governance process.

    The NCI Fund replaced the former model that required the Nigerian Content Development Fund (NCDF) to provide partial guarantees and 50 per cent interest rebate to service companies that obtained facilities from commercial banks for asset acquisition and projects execution. The NCDF had about $600 million in its custody.

    In the previous order, industry stakeholders experienced difficulties in accessing funds, a development that necessitated the change of strategy by the board. Wabote said the new governance framework for the Fund has been finalised, saying the updated Memorandum of Understanding (MoU) with  BoI will be signed within the next few weeks to signal the take-off of the scheme.

    Key features of the NCI Fund, he said,  are that the loans will be disbursed directly by  BoI at single digit interest rate and repaid within five years, adding that only contributors to the Nigerian Content Development Fund (NCDF), with bankable proposals in the oil and gas industry can approach the lender for the facility.

    Wabote said unlike agriculture, aviation, and mining, among others were various intervention funds are provided,  there was none for the oil and gas sector before now.

    Industry stakeholders, including the Petroleum Technology Association of Nigeria (PETAN) and Oil and Gas Trainers Association (OGTAN), described the NCI Fund model as a great initiative that would address the paucity of funds, creating huddles for operators to access credit which often beset manufacturers, service providers and other key players in the Nigerian oil and gas industry.

    The Board was set up by an advisory committee in 2012 for the NCDF with a view to deepening transparency and ensure involvement of key stakeholders in its administration.

    Representatives of the international oil companies (IOCs), PETAN, OGTAN and BoI make up the advisory committee.

    The BoI chief expressed delight at the partnership between the Bank and NCDMB. He said BOI has presence in 21 states of the federation and is well positioned to support the Board achieve its objectives in effective loans disbursement and management for the oil and gas industry. He assured that BoI will work with NCDMB to source additional pool of funds for this vital sector of the economy.

    He said intending beneficiaries from the Fund must have evidence of having previously executed contracts in the industry and must be up-to-date with their remittances to the NCDF, adding that Bol will obtain confirmation from the NCDMB before any application can be successful.

    BoI said the NCI Fund will attract a single digit interest rate of eight per cent with a tenor ranging from one to 10 years, with a maximum moratorium of 12 months from date of loan disbursement, and $10 million maximum obligor limit.

    The NCI Fund is sourced from the statutory NCDF which is funded from one per cent that is deducted from the value of all upstream contracts. The NCDF is underpinned by Section 104 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, which provides that the funds be used for developing capacity in the oil and gas industry.