FCT Health Workers Intensify Awareness On Protective Measures

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Considering the rapid increase in hygiene-related diseases in Nigeria, health workers from the Federal Capital Territory Public Health Department in collaboration with the World Health Organization (WHO), embarked on health sensitization campaigns to communities in the state capital to enlighten them on preventing infectious diseases.

The team provided health services such as Covid-19 and Malaria testing. They also distributed macronutrients powder, deworming and administering vitamin A supplements to over 500 children and distributed insecticide-treated nets (ITNs) and water guards to the mothers. In all, over 700 women and children received clinical consultation.

“I appreciate their effort and would like them to come often. Five of my children benefitted from malaria and deworming exercise. They also attended to many children and pregnant women, said Zulahatu.

Aisha Yau, a mother of three whose children benefited from the exercise, said her children, all below the ages of six, were tested for malaria. The team also gave a mosquito net as malaria prevention for her children.

Thanking WHO, Aisha said she would like the campaign to be a regular exercise, as this would teach the women how to keep their loved ones safe.

My children will start sleeping under this net because I do not want them to have malaria. I have learnt how to take better care of my family, she said.

Intervention 

Amidst the surge in the third wave of the covid-19 pandemic, there has been a concurrent increase in reported cases of infectious diseases such as measles, cholera in Nigeria.

Cholera is an acute bacterial infection associated with profuse diarrhea, vomiting, dehydration, and death. The disease is spread mainly by fecal contamination of water and food and is linked to poor sanitation and lack of clean drinking water.  In Nigeria, 23 states have recorded suspected cases of cholera in 2021. As of 15 August 2021, a total of 47,603 suspected cases including1,768 deaths (CFR 3.7%) have been reported from the states and FCT.

In the FCT, there has been surge in reported cases of cholera within the six Area Councils (Bwari, Kuje, Kwali, Abaji, Gwagwalada and Abuja Municipal Area Council (AMAC)), with 1,189 suspected cases and 75 deaths reported as of 15 August 2021.

In his remark, the traditional leader of Jiwa Community, Dr Idris Musa, said it has become imperative to have a continuous campaign to reinforce the health information on covid-19, disease preventive measures and the importance of routine vaccination.

The Emir said the outreach would also reinforce the community health awareness talks done within the communities by the traditional leaders.

Within the community, we are using the existing polio eradication structure to create awareness on covid-19, cholera, and other infectious diseases. We have continued to sensitize them on the need to use face masks and observe all other non-pharmaceutical measures to protect themselves against covid-19. We also encourage them to visit the health facilities when sick”, he said.

Meanwhile, the Officer-In-Charge of the Primary Health Care Center, Jiwa, Hadiza Adamu Idris, said the intervention would go a long way in providing health services for most of the sick populace who had not been visiting the health facility.

Mrs Idris said “We have recorded about eight cases of cholera in Jiwa. The outbreak is not severe in Jiwa. However, the campaign will assist in raising more awareness within the community about cholera and other infectious diseases.

“Jiwa is still low in the prevalence of cholera cases, unlike neighboring communities Bwari, Kuje, Zuba). We, however, decided to conduct the outreach in Jiwa because of its proximity to those communities, said Hawua Suleiman, the Head of Health Promotion and Public Health, FCTA.

She said the intervention was part of the routine biannual sensitization campaigns conducted by the agency, but strategic this year, because of the ongoing Covid-19 and cholera outbreak reported in the FCT.

Weekly Insight: A Closer Look At Public Sector Debt Transparency Initiatives

  • Efforts to improve debt transparency are underway in both the private and public sectors; the IMF and World Bank, for example, provide technical assistance on debt recording and reporting to developing countries through a range of programs.
  • Recent public sector initiatives include the modernization of the IMF/World Bank Debt Sustainability Analysis Framework and the enhancement of the IMF’s Debt Limits Policy—both of which now require more comprehensive public debt data collection.  
  • Challenges remain, including: incentivizing sovereign borrowers to improve transparency on their debt obligations; limited resources to fund targeted technical assistance; difficulties in comparing data across different IMF and WB databases; incomplete coverage of sovereign debt data in publicly accessible IMF/WB databases and limited access to sovereign bond prospectuses.

Weekly News Digest #34: Nexters + NASDAQ, Vungle + Liftoff

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Recently, Cyprus-based mobile & social network game developer Nexters went public through a merger with Kismet Acquisition One Corp — a special purpose acquisition company (SPAC), founded by former MegaFon PJSC general manager Ivan Tavrin.

The newly combined company, which will operate as Nexters inc., is now trading on NASDAQ under “GDEV” symbol for ordinary shares and “GDEVW” — for warrants. The transaction brings to Nexters around $132m in cash — the funding comes from Kismet trust account, Kismet Sponsor Limited, Mubadala Investment Company, and VPE Capital.

Part of the sum will go to the shareholders, while the other part is planned to support both organic and inorganic growth initiatives, finance the development of new, mostly casual, titles, and accelerate the expansion into the new regions.

Nexters is actually aiming to become “the leading consolidator” in the CIS and Eastern European Regions. Going public, allows Nexters to gain additional resources to implement its ambitious strategy.

Business Overview

Nexters is a mobile game developer behind Hero Wars — the mobile action RPG has been downloaded more than 120 million times. The title was initially launched back in 2016, and Nexters is planning to begin developing the sequel of its flagship product this year. However, it is too early to speak about the release date. The company is also known for the casual adventure game Island Experiment and MMORPG Throne Rush — overall, Nexters’ games have more than 200 million installs.

For the past two years, Nexters has been showing significant growth in Revenue (from $93.8m in 2019 vs. $259.5m in 2020) and Bookings ($169m in 2019 vs. $443m in 2020). As for the profitability of the company, Nexters reported $33.7m Net Loss in 2019 but managed to move to positive numbers in 2020, showing $0.7m Net Profit.

Around 37% of Revenue comes from the US, which is currently the best-performing region of the company. Other significant Revenue shares are generated by Europe (24%) and CIS + Baltic countries (15%). The absolute majority of the numbers comes from in-game purchases (94%) — the low advertising revenue is common for the genre.

Initially, the company was forecasting ~84% growth of Bookings during the 2021-2023 period. However, the growing scale and efficiency of user acquisition during the Jan’21-May’21 period made Nexters revise its forecasts. The company believes, that the forecast below shows more accurate perspective of its future performance:

Now the company projects further growth and plans to almost double its bookings in 2023. Well, this doesn’t seem impossible, especially, if Nexters successfully implements its M&A strategy, successfully launches its new internally developed titles, and continues to build on the success of the established Hero Wars franchise.

American mobile app marketing and retargeting company Liftoff and UK-based mobile advertising and monetization company Vungle have entered into an agreement to merge into one company focused on global mobile growth monetization and marketing. The deal is expected to close at the end of Sep’21.

We observe an increased consolidation activity in the mobile marketing and monetization businesses, because of the growing competition and the new difficulties of the post-IDFA world. Before the current transaction, Vungle made three acquisitions this year, buying GameRefinery, TreSensa Technologies, and JetFuel. There are plenty of other examples: Applovin and Adjust, Digital Turbine Media and Adcolony, and the Azerion acquisition spree we are writing about below are just a few of the recently closed transactions.

But here we have a little bit different situation. Both Vungle and Liftoff are the subsidiaries of one of the leading US-based investments firm Blackstone. So it seems to be a logical step for the company to unite its two strong subsidiaries to strengthen its position in the more and more consolidated market.

BBNaija Maria The Scapegoat Of This Year’s Shine Your Eye Edition?

Maria was brought into the Big Brother Naija house as a wildcard alongside Pere a.k.a the General. You might be wondering what a wildcard is? A wildcard in the context of Big Brother Naija is a fake housemate (s) brought in to add drama to the show.

Within this context, the housemates had to figure out who the fake housemates were in order to have them evicted; however, they failed in this task, thereby allowing the fake housemates the privilege of competing for the prize with them.

On Sunday, August 29, Maria was evicted alongside Jumoke and Sammy after they were nominated for eviction alongside Pere, Cross, and Queen. While the latter survived, the former consisting of Maria, Jumoke, and Sammy were unlucky. Many felt Pere would have possibly joined them if the eviction was meant for four housemates.

BBNaija: Maria, JMK, Sammie Evicted From The Big Brother House-Brand Spur Nigeria
BBNaija: Maria, JMK, Sammie Evicted From The Big Brother House-Brand Spur Nigeria

Pere has been described by many as the reincarnation of General Abacha in Big brother’s house due to his actions while he was head of house and his dislike for Whitemoney’s strategy, coordinated actions, and advantage.

He was seen by fans of Whitemoney as someone out to sabotage the efforts of Whitemoney while some saw him as the one who was making the house interesting, others saw him as a Villain, while he might have survived this eviction stage, people are attributing maria’s exit to elimination by association.

Maria was seen as Pere’s right-hand and friend and a potential threat to Whitemoney’s dominance according to this theory and thinking, it was believed that she also acted against the interest of Whitemoney, thereby earning the wrath of his fans.

In addition to this was her participation in slut-shaming a fellow woman thereby creating sympathy towards who she attacked and anger towards her and when given the opportunity, the fans’ wrath was unleashed on her as this might be seen as a supporting factor in her exit from the house, some have, however, attributed her exit to the game played by Liquorose who nominated Cross who is seen as a strong contender.

Let’s not forget that Cross is seen as a good acquittance of Whitemoney due to few actions like the diary session where he complained about Pere’s attitude and showed his support for white money and this, therefore, could probably have aided the support he got through voting.

Another angle people are seeing things from is how Maria was used to doing the dirty work of Big Brother Naija thereby putting Big Brother housemates on their toes for survival and yet was abandoned by Big Brother when it mattered the most for her to survive and while this theory of her being used by Big Brother to achieve various objectives is true, her eviction was purely the art of her making miscalculated moves in the game and the lack of understanding in regards to how others were playing their games or perhaps maybe her time as a wildcard has caught up with her, well I doubt.

It’s all a game and there are various success factors the housemates should bear in mind while competing and the lack of applying these factors would rob housemates of their survival. These success factors would be highlighted in further articles on Big Brother Naija, stay tuned.

Clubhouse Rolls Out New Features Called Spatial Audio Effect

Clubhouse is certainly turning its attention to enhancing its core audio experience with the new features after few weeks of launching Android app version.

Brand Spur Nigeria learnt that Clubhouse on Sunday announced that its rooms will now be infused with spatial audio to give the app’s listeners a richer sense of hanging out live with a group of other people.

Clubhouse’s Justin Uberti stated that the decision to add spatial audio is to make different speakers sound like they’re coming from different physical locations instead of just one spot.

Uberti joined Clubhouse in May as its head of streaming technology after more than a decade at Google where he created Google Duo, led the Hangouts team, and most recently worked on Google’s cloud gaming platform Stadia. Uberti also created the WebRTC standard that Clubhouse was built on top of.

“One of the things you realize in these group audio settings is that you don’t get quite the same experience as being in a physical space,” Uberti said.

While Clubhouse and other voice chat apps bring people together in virtual social settings, the audio generally sounds relatively flat, like it’s emanating from a single central location. But at the in-person gatherings Clubhouse is meant to simulate, you’d be hearing audio from all around the room, from the left and right of a stage to the various locations in the audience where speakers might ask their questions.

Clubhouse Rolls Out New Features Called Spatial Audio Effect

To pull off the new audio tricks, Clubhouse is integrating licensed code from Second Life creator Philip Rosedale’s spatial audio company High Fidelity and blending it with the company’s own custom audio processing, tuned for the chat app.

High Fidelity’s HRTF technology, which stands for “Head-Related Transfer Function,” maps speech to different virtual locations by subtly adding a time delay between stereo channels and replicating the way that high and low frequencies would sound entering the ear depending on a sound’s origin.

The result, long used in social VR, gives virtual social experiences a sense of physical presence that good records have been pulling off for ages. Think listening to Pink Floyd’s Dark Side of the Moon in stereo with good headphones but instead of sound effects and instruments playing around your head, you’re hearing the people you’re hanging out with arrayed in virtual space.

According to Uberti, Clubhouse’s implementation will be subtle, but noticeable. While the audio processing will “gently steer conversation” to put most speakers in front of the listener, Clubhouse users should have a new sense that people are speaking from different physical locations.

The new audio features will roll out Sunday to the majority of iOS users, reaching the rest of Clubhouse’s iOS and Android users within the next few weeks. The experience will be available to everyone in time, but users will also have the ability to toggle spatial audio off.

Clubhouse will use the same virtual soundstage techniques to give large rooms a sense of sounding large while making more intimate rooms sound like they’re actually happening in a smaller physical space. And because most people use headphones to participate on Clubhouse, most of the app’s users can benefit from the effects possible through two-channel stereo sound.

“You have this notion of people [being] in a space, in a room… We try to mimic the feel of how it would be in a circle with people standing around talking.”

Uberti also notes that spatial audio could give regular Clubhouse users a less obvious benefit. It’s possible that regular, non-spatialized audio in social apps contributes to the pandemic-era phenomenon of Zoom fatigue. As the human brain processes virtual audio like a phone call or group audio room, it differentiates between speakers in a different way than it would in a natural in-person setting.

“Your mind has to figure out who’s talking. Without spatial cues you have to use timbre… that requires more cognitive effort,” Uberti said. “This could actually make for a more enjoyable experience aside from more immersion.”

It’s too early to know how Clubhouse’s many subcommunities will take to the spatial audio effects, but it could enhance experiences like comedy, music, and even ASMR on the app quite a bit.

“Someone tells a joke and it often feels really flat,” Uberti said. “But on Clubhouse, when you feel the laughter come from all around you, it feels a lot like a comedy club experience.”

New IMF Allocation Will Boost Nigeria Says AfDB President

The President of the African Development Bank (AfDB), Akinwumi Adesina, has said the International Monetary Fund’s Special Drawing Rights allocation of $650bn, which includes $27bn to African countries, will help to boost the reserves of developing countries.

He said this during a closed-door session between German Chancellor Angela Merkel and heads of international development institutions on Thursday.

The AfDB, in a statement titled ‘International community must act to avert a two-speed global economic recovery post Covid-19’, quoted Adesina as saying, “The recent IMF release of $650bn in SDRs, with $27bn to Africa, will go a long way in helping to boost reserves for developing countries.”

“If the developed countries reallocate $100bn of SDRs to Africa, as agreed at the Paris leaders meeting and by the G7, that will further support faster economic recovery in Africa.”

The heads of international development institutions present at the closed-door session included the heads of AfDB, IMF, the World Trade Organization, the World Bank, the Organisation for Economic Cooperation and Development, and the International Labour Organization.

The German Chancellor, Angela Merkel, called on the IMF, G7 and World Bank to take measures in assisting lower and middle-income countries, create strategies to drive economic recovery from the Covid-19 crisis.

“We have noted that the recovery after the pandemic is a two-speed recovery, which is cause for concern,” she said.

The IMF Managing Director, Kristalina Georgieva, said, “The composition of the six per cent is changing, with advanced economies broadly accelerating growth, whereas most emerging markets and developing economies are falling further behind. This is a dangerous divergence.

“The consequences of the disparity include continuing supply chain disruptions and the risk of giving up hard-won gains in development, which would fuel unrest and instability.”

ILO Director-General, Guy Ryder, said the impact of the pandemic on labour markets was four times greater than the 2008-2009 financial crisis.

“We’ve recovered perhaps half of the damage done in terms of work being done, but all of us agree that the recovery process is incomplete, uneven and fragile,” he said.

Nike Closes Offices For A Week To Give Employees A Mental Health Break

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Global apparel and shoe company Nike is putting some of its employees’ mental health ahead of productivity. It has closed its corporate offices for the week so employees can “enjoy additional time off to rest and recover,” according to a statement.

The move is celebrated by those who work at the company, which has its headquarters near Beaverton.

Matt Marrazzo, a senior manager at Nike, posted on his LinkedIn page “It’s not just a ‘week off’ for the team … It’s an acknowledgment that we can prioritize mental health and still get work done.”

Another employee, who wanted to remain anonymous, told KGW, “It’s not only a chance to recharge and keep us together, but also a thank you for an impressive year.”

Liz Tippett, an associate professor at the University of Oregon School of Law whose work emphasizes employment law and practices, said it is a good move by companies.

Nike Closes Offices For A Week To Give Employees A Mental Health Break-Brand Spur Nigeria
Nike Closes Offices For A Week To Give Employees A Mental Health Break-Brand Spur Nigeria

“I like raising the focus of mental health as a basis for people to take their time off, not just when they’re physically ill,” Tippett said. “I think it’s important to recognize the role mental health plays for workers and worker well-being.”

While those in the corporate offices are getting the paid week off, others aren’t getting it at all. Nike’s retail stores are still open.

When KGW called a Nike retail store, the person who answered the phone said this was the first they were hearing about the paid time off for corporate employees.

“If it is the case that part-time workers in a retail store are expected to come to work, whereas headquarter offices are not, that also sends a message about which kind of workers they care about and are willing to invest in,” Tippett said.

In 2019, the World Health Organization recognized workplace burnout as an ‘occupational phenomenon.’ It was the first time the global health agency directly linked burnout in its classifications of diseases as a work hazard. It also meant workers could seek medical help for something other than an illness or health condition.

In 2020 and 2021, companies began placing more of an emphasis on an employee’s mental health by giving them more time off.

At Intel, Oregon’s largest private sector employer, employees can either take a four-week sabbatical after four years or wait and take an eight-week sabbatical after seven years. The company also began offering an additional 12 hours off for each half of 2021.

In an email to KGW, a company official wrote the extra time off is “intended for employees to refresh and recharge during the ongoing pandemic.”

Microsoft said its added five “wellbeing days” to its paid time-off benefits globally to help employees prioritize their health.

BMW iX3 Makes First Debut In Marvel Studios’ “Shang-Chi And The Legend of The Ten Rings”

The BMW iX3 has teamed up with Marvel Studios’ “Shang-Chi and The Legend of The Ten Rings,” which will open in global cinemas beginning in September.

This marks the next installment in BMW’s successful collaboration with Marvel Studios following the BMW X3 and BMW 2 Series Gran Coupé appearing in Marvel Studios’ “Black Widow” earlier this year.

The BMW iX3’s integration in the new Marvel Studios film coincides with the launch of the updated model. The new features introduced for the iX3 in September 2021 primarily affect the design of the exterior, and there are also changes for the interior and equipment.

The update brings the BMW iX3 closer stylistically to the new family of BMW premium electric vehicles headlined by the BMW iX and BMW i4.

Along with the BMW iX3, the BMW M8 sports car in Melbourne red (BMW individual color) also makes an appearance in the film. Both take center stage in action-packed set pieces that showcase the power and agility of both vehicles.

About Marvel Studios’ “Shang-Chi and The Legend of The Ten Rings”.

Marvel Studios’ “Shang-Chi and The Legend of The Ten Rings” stars Simu Liu as Shang-Chi, who must confront the past he thought he left behind when he is drawn into the web of the mysterious Ten Rings organization. The film also stars Tony Leung as Wenwu, Awkwafina as Shang-Chi’s friend Katy and Michelle Yeoh as Jiang Nan, as well as Fala Chen, Meng’er Zhang, Florian Munteanu and Ronny Chieng.

“Shang-Chi and The Legend of The Ten Rings” is directed by Destin Daniel Cretton and produced by Kevin Feige and Jonathan Schwartz, with Louis D’Esposito, Victoria Alonso and Charles Newirth serving as executive producers.

David Callaham & Destin Daniel Cretton & Andrew Lanham wrote the screenplay for the film, which opens in global cinemas beginning in September and releases in U.S. theaters September 3, 2021.

Beneficiaries Commend Wema Bank’s SMEs Business School

Beneficiaries of the maiden Wema SME Business School by the leading innovative financial institution, Wema Bank, have commended the novel and impactful initiative, disclosing that they have gained immensely from it.

The Wema SME Business School, another first from the innovative bank, equipped Micro, Small, and Medium Enterprises with the basic management knowledge required to effectively run their businesses and respond to challenges in an ever-demanding business environment.

The five-day free training program was held from August 16 to 20 at Sheraton Hotel, Ikeja Lagos and featured 50 participants. They were trained using a robust curriculum spanning the broad areas of finance, marketing and sales, leadership, technology, branding, strategy, innova-tion and business transformation.

Nigerian and international consultants from the Frankfurt School of Finance and Management Germany, Ernst & Young, Matt Anthony Consulting, IBFC Alliance, and Kuhl-Cher were part of the facilitators at the Business School.

Two beneficiaries, Emmanuel Elo-Irawo and Adesuwa Oguocha commended Wema Bank for the initiative, expressing what they had gained immensely from the Business School.
Elo-Irawo who operates a frozen fish chain, said: “They blew my mind because I wasn’t expect-ing much. I thought it was a forum where they would gather us and give us one or two pieces of information.

Beneficiaries Commend Wema Bank's SMEs Business School-Brand Spur Nigeria
Beneficiaries Commend Wema Bank’s SMEs Business School-Brand Spur Nigeria

“The sessions have been very revealing, and I now have more knowledge of how to run my business. There is no way Nigeria will develop without trainings like this, and I am very pleased to be part of it.”

Adesuwa Oguocha, Creative Director, Adesuwa Couture described the sessions as “awesome.” Her words: “I am at a stage where I need to scale, and I want to get things right. So far, it has been expository. It’s been explosive. Yesterday alone, the quality of what we learnt, I have already started taking mental and written decisions concerning my business. The good thing about this training is that it is practical. You have room to air your concerns and get clarifications. My advice to anyone who isn’t here is to try to apply for the next cohort. It’s worth your time.”

Commenting on the training, Head, Small and Medium Enterprises (SMEs), Wema Bank, Arthur Nkemeh, assured that the institution would not relent to help MSMEs scale and grow their businesses. He added that the Business School is not just for its customers but for all Nigerian SMEs.

“For us, it is not just about our customers. It is about our passion in supporting and developing SMEs, creating employment, and impacting the economy. SMEs consists of about 90 per cent of the businesses in the country and they are the highest employer of labour. If we continue to support MSMEs to grow their businesses and scale, they will create more employment and impact the entire ecosystem,” Nkemeh said.

He added that the training affirms the Bank’s commitment and passion for MSMEs that it has supported in its 76 years of its existence.

“We are an SME-centric bank. So, we are trying to help SMEs to scale and learn better ways of doing their business with top-notch consultants from within and outside Nigeria. Part of our cur-riculum speaks to leadership, finance, marketing, business management, innovation, business transformation, & strategy.

He disclosed that the class would have been larger, but the Bank needed to observe the COVID-19 protocol and that there would be virtual and physical classes in select cities.

“After this session, we will have online sessions to enable more MSMEs to participate in the Business School program. We will mix it with some physical sessions. Next time, we might move to Abuja or Port-Harcourt to have a regionalized program.”

He disclosed that beyond the Business School, Wema Bank has other capacity-building programs, including business clinics, workshops, seminars, webinars, and mentorship programs that will help SMEs survive and scale.

UACN To Acquire Tiger Brands’ Stake In UAC Foods

Co-producer of Gala sausage roll, Tiger Brands, has agreed to divest from UAC of Nigeria Plc (UACN).

The South African company decided to sell its 49 percent stake in UAC Foods Limited, one of the subsidiaries in UACN, 10 years after it first acquired the stake in the food and beverage business.

The 49 percent is a minority stake which gave Tiger Brands a license to produce and distribute selected products such as Gala sausage rolls, Supreme Ice Cream, and Swan water in Nigeria.

In a notice sent to the Nigerian Exchange Group on Saturday, Tiger Brands said the 49 percent stake would be sold to UACN in a buyback agreement expected to be sealed in September.

This is the second buyback deal involving Tiger Brands as the company had also sold its 67.5 percent in Dangote Flour Mills which was acquired in 2012.

Dangote Group acquired the majority stake just three years after Tiger Brands had invested $200 million in the company.

The $76 million loan the company gave to Dangote Flour Mills was also written down.

The firm also sold its Deli Foods division in 2020.

This came just 10 years after it acquired a 100 percent stake in the unit following a dispute with its distributor, Benny, and Jolly Jus products.

Tiger Brands still operates in Cameroun, Ethiopia, Kenya, and Zimbabwe.