AA Foundation Advocates Quality Education in Nigeria at the Groundbreaking of New Jesuit College in Delta State

Esan Bolaji
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AA Foundation Advocates Quality Education in Nigeria at the Groundbreaking of New Jesuit College in Delta State

… in partnership with the North-West Africa Province of the Society of Jesus 

Lagos, Nigeria, 9th February 2021 – Philanthropic organization, AA (Austin Avuru) Foundation, and part of the AA Holdings Group, recently commissioned the ground-breaking of Arrupe Jesuit College, Abbi Delta State, in a ceremony which held on Thursday, February 4th, 2021.

The new Jesuit College which has commenced development will be one of the only 4 Jesuit Colleges in Nigeria. The school is positioned to deliver quality secondary educational excellence for students, in line with global standards by the Church of Rome for Jesuit colleges worldwide.

Avuru Foundation Brandspurng AA Foundation Advocates Quality Education in Nigeria at the Groundbreaking of New Jesuit College in Delta State

AA Foundation, through this commitment and contribution to the development of the educational sector in Nigeria, will work closely with the Society of Jesus of the Roman Catholic Church and stakeholders in the industry to ensure the progress and delivery of the Arrupe Jesuit College which will comprise of 25-30 buildings in the school premises upon completion in the next 3-4years.

Present at the groundbreaking were Rev. Father, Bernard Olagba, Vicar General, Kwale Region, Diocese of Warri who represented His Lordship, Most Rev. Dr John ‘Oke Afareha; Rev. Fr. Chukwuyenum Afiawari, SJ Provincial Superior North-West Africa, Province of the Society of Jesus, Hon. Charles Chukwuemeke Emetulu, Member Representing Ndokwa West DTHA, Chairman House Committee on Education, Commissioner for Basic and Secondary Education Delta State, Patrick UKah, Johnnie Eni, Chief Operating Officer, AA Holdings Limited and other dignitaries.

Patrick Ukah, Commissioner for Basic and Secondary Education, Delta State, stressed the need for all stakeholders to be actively involved in the development of the state’s educational sector through a private-public partnership.

“We want to raise the standard of education of students in Delta state through the Jesuit, known for personalized attention and concern for children both academically, morally, and in character.

Jesuit colleges have a tradition of education with a distinguished history and have been the forefront of educational development in Nigeria and globally. We appreciate the AA Foundation for bringing the Jesuit, known as the world pillar of education to Delta State and we congratulate the Foundation for its commitment to Delta state’s vision for quality education” he added.

Speaking during the event, Johnnie Eni, Chief Operating Officer, AA Holdings Limited, emphasized the significance of philanthropy to the growth of different sectors in the country.

“AA Foundation is excited about this initiative, in partnership with the Jesuit society and we believe this college will serve as a strong foundation of quality education for children in Nigeria. We want to assure all stakeholders of our support in the development and progress of this school and we look forward to the transformation of this place in a few years. 

Rev. Father, Bernard Olagba also expressed his joy at the commissioning of this special Jesuit College in Delta State, citing that the project will be a source of development, livelihood and employment opportunities to move the community forward.  

AA Foundation is an organization committed to philanthropy in Nigeria with social impact in areas of Healthcare, Education and Entrepreneurship empowerment.

The Search For Income In 2021

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The Search For Income In 2021

By Manpreet Gill

Over the last decade, low bond yields and major central banks’ zero interest rate policy have been rough for investors looking for income.

When the Fed cut its policy rate effectively to zero in 2008, we saw a ‘race for income’ kick-off. In our view, this race remains far from over. Today, about USD 17tn of the world’s bond markets offer a negative bond yield. Are income investors condemned to accepting ever lower yields?

The answer is no!

In our view, investors who follow a multi-asset income strategy can still achieve 4-5% yield over a 12-month period. The key to success is in pulling together a judicious mix of income assets across bonds, equities and non-traditional income assets, and carefully assessing where to take on more risk, based on individual appetite.

The Search For Income In 2021 Brandspurng
Manpreet Gill | www.brandspurng.com

A short history of yields

Looking back over the past decades, yields were not always as low as they have been in the recent past. The 10-year US Treasury yield offered an average yield of about 10% in the 1980s and 6.6% in the 1990s, much higher than the average of 2.1% in the past decade.

However, this seemingly gloomy picture ignores the development of many additional sources of income. For example, new areas of bond markets have matured in recent decades, such as high yield corporate bonds (in the 1980s) and Emerging Market (EM) debt (in the 1990s), both of which offered very attractive alternatives to US Treasuries.

Here is a list of all Microfinance Banks’ USSD Codes in Nigeria. MTN Nigeria & 14 others led local bourse to sustain previous positive sentiment, gains 0.38%

Global high-yield corporate bonds offered a double-digit average yield in the 1990s, while EM Dollar-denominated bond yields almost matched those in the 2000s. With these developments, diversifying investment across income assets became a winning strategy.

2021: Primary sources of income

Today, we believe a diversified multi-asset income generation strategy can generate income from three main sources:

  1. Bonds: These have traditionally been the mainstay of an investor’s income basket. However, with today’s low Treasury and Investment Grade corporate bond yields, we believe there is merit in tilting towards riskier bonds. We prefer global high yield corporate bonds, Asian corporate bonds, EM USD-denominated government bonds and EM local currency bonds.
  2. Equity: Dividend yields from equity investments also play a strong role in an income basket, in our view. While the yield on equity investments remains somewhat below our 4-5% threshold, expected price gains can more than compensate for low yields.
  3. ‘Non-traditional’ income assets: These include Real Estate Investment Trusts (REITs) or strategies based on selling volatility to generate income.

The improving economic outlook for 2021 justifies increasing exposure to a basket of income assets. In particular, a scenario of improving growth and subdued inflation has historically been positive for riskier income assets, including high dividend equities, corporate bonds and non-traditional income assets. 

How much risk should you take?

If you want more income, taking on more risk is inevitable. This involves accepting higher volatility, keeping in mind your individual risk appetite, but there are ways to manage this.

First, be careful about choosing from the riskier income asset classes. We outline our choices in the three main sources of income above but acknowledge a dramatically poorer growth outlook or a major inflation surprise are risks to our views.

Second, be prepared for volatility. Historical data shows the riskiest income assets, like high dividend-paying equities and REITs, tend to face large drawdowns during bouts of volatility.

In comparison, volatility in risky bonds, such as high yield or EM bonds, has been more moderate. Only higher quality (but very low-yielding) bonds, such as Investment Grade or Asia USD-denominated corporate bonds, face low drawdowns. 

In a nutshell, when you discuss investment allocations with your financial advisor, it is important to first identify your risk tolerance. In the search for income, you can still earn a higher income than the current low yield offered by government bonds, as long as you are psychologically prepared to take on a relatively higher level of risk.

Written by:

Manpreet Gill, Head of FICC Strategy at Standard Chartered Wealth Management

Security Software Revenues to Hit $45.5B in 2021, a 20% Jump in 2 Years

Esan Bolaji
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Security Software Revenues to Hit $45.5B in 2021, a 20% Jump in 2 Years

The digital transformation accelerated by the pandemic and the growing number of data breaches and cyberattacks has forced online users, companies, and organizations to increase their spending on security software solutions.

According to data presented by Stock Apps, global security software revenues are expected to hit $45.5bn in 2021, a 20% increase in two years.

Security Software Revenues to Hit $45.5B in 2021, a 20% Jump in 2 Years Brandspurng2

Revenues to Jump Over $61B by 2025

The security software market includes all software solutions that aim to protect individual computing devices, networks, or any other computing-enabled device. It includes antivirus software, management of access, data protection and security against intrusions, and any other system-level security risks, both in local installation and cloud service.

Recent years have witnessed a massive adoption of these solutions, driven by the surge of eCommerce, huge technology developments including AI and IoT, and the rising number of connected devices.

In 2016, the entire market was worth $27bn, revealed the Statista survey. In the next two years, revenues surged by more than 40% to $38.1bn.

Security Software Revenues to Hit $45.5B in 2021, a 20% Jump in 2 Years Brandspurng

The entire market maintained its steady growth amid the COVID-19 pandemic, with millions of people working and educating from home. The TrustRadius 2020 survey of software buyers and users revealed that 41% of organizations increased their security software spending amid pandemic.

Statistics show the market revenue jumped by 7% year-over-year to $41bn in 2020. This figure is expected to rise by $4bn in 2021. However, the following years are set to witness a surge in the adoption of software security solutions, with revenues jumping to more than $61bn by 2025.

The United States to Generate 50% of Global Revenues

In global comparison, the United States represents the leading security software market expected to generate $22.8bn, or 50% of revenues this year. Statista data indicate the US security software revenues jumped by 20% in the last two years, while the unified market is set to reach $30.5bn value by 2025.

With $2.3bn in revenue or almost ten times less than the leading United States, Germany ranked as the second-largest security software market globally. The United Kingdom, Japan, and China follow with $2.2bn, $2.1bn, and $1.9bn in revenue, respectively.

Konga Rolls Out Huge Discounts For Valentine, Offers Lucky Couples Private Movie Date

Esan Bolaji
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Konga Rolls Out Huge Discounts For Valentine, Offers Lucky Couples Private Movie Date

Huge deals and loads of freebies are in stock for Nigerians this Valentine season as Konga, Nigeria’s leading e-Commerce giant is set to make the annual celebration a memorable one for its customers.

Five lucky couples are set to enjoy an all-expense paid treat to a private movie screening date with lots to eat and drinks on Valentine’s Day.

Konga Rolls Out Huge Discounts For Valentine, Offers Lucky Couples Private Movie Date Brandspurng

The offer, which is exclusive to Konga, is part of the special offers lined up by the company for the season. Interested participants have already besieged the Konga social media pages via @shopkonga to make their case for selection.

Also, Konga has rolled out huge discounts, up to 60% across major products and gifts categories for shoppers on its platforms this Valentine season.

The highly discounted offerings, which cut across Computing, Gaming, Wine & Spirits, Home & Kitchen, Electronics, Mobile Phones, groceries and fashion items, among others, have been carefully selected to provide shoppers with a wide variety of gift ideas with which to thrill their loved ones.

 

The discounts are available online, offline in every Konga retail store nationwide and on Konga Bulk.

Furthermore, Konga has underlined plans to reward the highest shopper 0n its platform between Friday, February 5th to February 12th, 2021. The highest shopper for the period will enjoy a dinner date with a partner of his or her choice as well as a shopping voucher worth N25,000.

This offer is equally open to shoppers who make their purchases online – www.konga.com or in any Konga retail store nationwide.

Head of Marketing, Ajibola Olayiwola, says the Valentine promotion which runs from February 5th – 17th is targeted at spreading love among Nigerians.

‘‘It is a season of love and Konga is renowned for its tradition of showing love. To this effect, we have put together the best prices on a wide assortment of gift items to help our customers surprise their loved ones or shoot their shot, as the case may be.

‘‘Not only that, we have also put together a number of freebies for some lucky couples on Valentine’s Day. Apart from offering the highest shopper between Friday 5th and 12th a special Valentine’s date, we would also be giving away a N25,000 voucher to enable them shop to their heart’s content.  Also, five lucky couples are in line to enjoy an all-expense paid movie screening date on Valentine’s Day, courtesy of Konga.

‘‘Winners will be selected via social media, so it would be a wise idea to stay glued to @shopkonga in order not to be caught unawares,’’ he disclosed.

Top 3 Chinese Electric Car Makers Report 18K Deliveries in January 2021, Increasing by up to 470% YoY

Esan Bolaji
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Top 3 Chinese Electric Car Makers Report 18K Deliveries in January 2021, Increasing by up to 470% YoY

Chinese electric car/automakers Nio, Xpeng and Li Auto started off 2021 on a high note based on their January 2021 deliveries.

According to the research data analyzed and published by Comprar Acciones, Nio delivered 7,225 vehicles during the month, setting a new monthly record. The sales represented a year-over-year (YoY) growth of 352.1% as it quadrupled the 1,598 deliveries it made in January 2019, its introductory month.

Nio Car Sales in December 2020 and January 2021

Top 3 Chinese Electric Car Makers Report 18K Deliveries in January 2021, Increasing by up to 470% YoY Brandspurng
SOURCE: Nio

It was also its sixth consecutive month of a record high in terms of deliveries, up from 7,007 deliveries in December 2020. Its January deliveries included 2,845 EC6s, 2,720 ES6s and 1,660 ES8s. The total figure brought the startup’s collective lifetime deliveries to 82,866.

Nio is still a long way from catching up with the market leader Tesla, whose deliveries for Q4 2020 totalled 180,570.

Top 3 Chinese Electric Car Makers Report 18K Deliveries in January 2021, Increasing by up to 470% YoY Brandspurng2
Photo by Ernest Ojeh

However, both Nio and Tesla are outperforming the S&P 500, which has risen by about 0.5% year-to-date (YTD). As of February 9, 2021, Nio stock is trading at $58.98, up by 21.19% YTD, and has $88.92 billion market capitalization according to Marketwatch.

Over the previous year, it has gained a spectacular 1,391.67%. Nio crossed the $10 mark in share price in July 2020 and has been on an uptrend since. With gains of more than 1,100% in 2020, it was among the top-performing Chinese companies listed in the US.

Tesla is trading at $858.60, marking a 20.45% increase YTD and a remarkable 459.93% over the previous year.

Nio Sales to Jump by 100% in 2021, Li Auto by 92%, Xpeng by 126%

For Xpeng, the year got off to a solid start as the company reported 6,015 deliveries in January. It was its third consecutive month of record deliveries and it marked a 470% jump YoY.

Since August 2020 when it got listed on the NYSE, Xpeng saw its shares soar by over 185% by the end of the year.  As of February 9, 2021, one share is trading at $47.65 and the company is valued at $37.07 billion. Its shares are up by 44.71% over the past three months and 11.16% YTD.

Meanwhile, Li Auto reported a total of 5,379 deliveries in January 2021, marking an increase of 355.8% YoY. However, its figure was slightly lower than in December 2020s 6,126. The figure brought its cumulative deliveries to 38,976 units.

Top Three Chinese Electric Vehicles Makers in Jan 2021

Top 3 Chinese Electric Car Makers Report 18K Deliveries in January 2021, Increasing by up to 470% YoY Brandspurng1
Source: Forbes

Since its IPO on the Nasdaq in July 2020, Li Auto shares had shot up by 150% by the end of 2020. On February 9, 2021, its stock was priced at $30.38 and has a market cap of $27.29 billion. It had a YTD gain of 5.31% and 20.29% over the past three months.

In total, the three startups reported 18,619 deliveries during the year. According to Morgan Stanley, Nio and Li Auto are expected to post a profit for the first time in 2021. But Xpeng will see its losses widen further.

For Nio, Morgan Stanley estimates its sales to be worth 33.6 billion yuan ($5.2 billion) by the end of the year. It would be a considerable jump from 2020, doubling the estimated 16.8 billion yuan sold during the period. It is forecast to post a modest profit of 6 million yuan, compared to the 2020 loss of 4.4 million yuan.

Li Auto is projected to generate a profit of 980 million yuan up from an estimated 541 million yuan loss in 2020. Revenue is forecast to soar by 92% to 17.96 billion yuan during the year.

Xpeng is projected to have a 126% uptick in revenue to 13.95 billion yuan. Its losses are, however, expected to grow from the estimated 2020 figure of 3.56 billion yuan to 4.23 billion yuan.

China’s EV Sales to Soar by Over 40% in 2021 to 1.8 Million Units

China’s EV market is among the hottest globally both from a supply and addressable market point of view. According to S&P Global data, EV sales in the market were estimated to soar by 8% YoY in 2020, reaching 1.3 million units. It projected an increase of 40% in 2021 to 1.8 million units.

Individual electric vehicle (EV) consumption shot up to almost 70% in 2020, up from 20% in 2018. In cities without a limit for vehicle increment, EV sales had a 60% share. Growth in the market is expected to remain stable in the coming years, reaching 6 million by 2025.

The Chinese government wants a quarter of all new cars sold in the country to be EVs by 2025, up from about 5% in January 2021. This is expected to keep demand robust.

Beyond the domestic market, China-based manufacturers account for more than 50% of worldwide EV deliveries.

Ecobank Nigeria Introduces Money Transfer Via SMS, WhatsApp

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Ecobank Nigeria Introduces Money Transfer Via SMS, WhatsApp
Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head, Consumer Banking Ecobank Nigeria said that this is part of the bank’s innovation in digital banking, enabling customers to perform their transactions conveniently.

She also spoke on the simplified and more appealing interface of the Mobile App, making it easier and convenient for people to transfer funds from their accounts with the App.

Ecobank Nigeria Introduces Money Transfer Via SMS, WhatsApp Brandspurng
Photo by Benjamin Dada

“This opportunity couldn’t have come at a better time when many people are self-isolating and keeping social distance due to COVID-19. We have the responsibility as a bank to continue to innovate for the benefits of our teeming customers. We encourage our customers and others to utilize this new addition to our digital self-service solutions.

With this feature, a customer can transfer up to N50,000 without the beneficiary’s account number. The transfer can be initiated without the beneficiary providing an account number or deciding on which account to receive the funds into. For us as a bank, this is super convenient for money transfer.”

Mrs. Demola- Adeniyi further said, the process is simple, and beneficiary can redeem the money sent in 3 simple steps; Receive the web link sent to his mobile number as SMS or WhatsApp message, click on the link to select the bank and enter the account number, then, submit the request and senders account is immediately debited.

The beneficiary account irrespective of the bank receives the credit instantly. The process is secure, convenient and funds are in local currency and do not leave the senders to account until the beneficiary initiates the redemption into the destination account. 

She called on those who are yet to download the Ecobank Mobile app to do so without delay because of the attendant benefits.

“The Ecobank Mobile app allows you to enjoy our banking services instantly and conveniently on your mobile device. The app provides you with an easy channel to manage your account and perform financial transactions in a simple and secured manner. The app gives you access to affordable banking services and more, wherever you are, on your mobile 24/7, 365 days a year.”

Google strengthens Africa-wide programs to keep internet users safe online

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Google strengthens Africa-wide programs to keep internet users safe online

Google.org grants, free online safety books and government collaborations  for Safer Internet Day

9 February 2021 –  Google today announced a number of initiatives across Kenya, Nigeria and South Africa, bolstering its continued efforts to keep children, young people and families safe online. 

Aligning with the theme of this year’s global Safer Internet Day, “Together for a better Internet”, Google has teamed up with several organisations across the continent to boost education efforts and develop programmes around online safety.

Google strengthens Africa-wide programs to keep internet users safe online Brandspurng

“With an estimated 346 million internet users that came online for the first time in the last year, and 376 million new social media users, there is no better time for us to help people stay safe online,” says Juliet Ehimuan, Country Director, Google Nigeria.

“We are working with nonprofits and social enterprises to advance their work through Google.org’s Africa Online Safety Fund, while also working with educational institutions and governments across sub-Saharan Africa in order to have a greater impact.”

Administered as part of the Africa Online Safety Fund, Google.org gave a grant to Impact Amplifier and the Institute for Strategic Dialogue, to run an open call across the continent to find the most innovative and impactful nonprofit organisations operating in this space. 26 social impact organisations across nine African countries have been selected to receive grants of up to $100,000 each.

The five selected in Nigeria include Epower, LagosMums, Velma Foundation, Hive Creative Guild and Teens Can Code. This funding will be used to boost projects that work to combat online vulnerabilities, disinformation and extremism aimed at children, the youth, families, schools and small and medium-sized businesses (SMBs).

Google has also collaborated with Nigerian author Nomthi Odukoya to create the children’s online safety book ‘How to be Safe Online’. Physical copies of the book will be distributed to 30,000 learners in Kenya, Nigeria and South Africa this month, which is also available online on the Read-Along app.

“With more children, young people and families increasingly using the internet to learn and work in the face of the COVID-19 pandemic, online safety is a priority for everyone,” continues Juliet Ehimuan.

“We look forward to the continued empowerment of teachers, parents and guardians with tools to keep children safe online. Continued collaboration with government bodies like Kenya’s Communications Authority, Nigeria’s Public and Private Development Centre, and South Africa’s Department of Social Development, among others, will ensure that we have the necessary backing to make the internet better for all users, especially young children and families across the continent.”

Celebrate Safer Internet day with us by using the Password Manager to save your password with your Google account and Security Checkup. To learn more about our resources to help keep you and your family safer, please visit the Google Safety Center.

Google’s mission is to organize the world’s information and make it universally accessible and useful.

Through products and platforms like Search, Maps, Gmail, Android, Google Play, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Google is a subsidiary of Alphabet Inc.

Maiden Naija Farmer Reality TV show on a learning visit to IITA Abuja

Esan Bolaji
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Maiden Naija Farmer Reality TV show on a learning visit to IITA Abuja

The Co-coordinator and Chief Executive Officer, Dr Chigbo Okoli, and fifteen Farm Mates of the maiden edition of the Naija Farmer Reality TV Show visited the IITA Abuja Station on a field tour.

The essence of the visit was to see, in practice, some aspects of agriculture taught in the Farm House. It was also an opportunity to be educated on some latest technologies that IITA has developed.

Maiden Naija Farmer Reality TV show on a learning visit to IITA Abuja Brandspurng
At IITA-Abuja, (L-R) Dr Beatrice Aighewi, Dr Chigbo Okoli and Dr Gbassey Tarawali. | www.brandspurng.com

The Head of IITA-Abuja Station, Gbassey Tarawali, received the Farm Mates in a welcome ceremony at the Institute. He gave a brief background on IITA’s activities, highlighting the model, approaches, and lessons learned. He also spoke of youth employment through the agricultural value chains. He was emphatic that agriculture presented hope for the youth in Nigeria and Africa in general.

Following Tarawali’s remarks, IITA Yam Seed System Specialist Beatrice Aighewi gave a presentation on “Recent development in yam seed systems”. She emphasized the many opportunities that abound in yam seed multiplication.

Maiden Naija Farmer Reality TV show on a learning visit to IITA Abuja Brandspurng
Beatrice Aighewi demonstrating yam vine planting to the Farm Mates. | www.brandspurng.com

In his response, the show’s CEO thanked the management of IITA for the opportunity given to the Farm Mates to visit IITA. He explained the project’s aim and objectives to provide a solution to youth unemployment and resolve insecurity caused by youth restiveness and joblessness.

“Rounding up the over two months stay in the house with an IITA tour will go a long way in buttressing the teachings received from different farm owners. We sincerely appreciate the opportunity to learn more in IITA,” the CEO said.

Maiden Naija Farmer Reality TV show on a learning visit to IITA Abuja Brandspurng
Farm Mates at the Research Farm Unit. | www.brandspurng.com

The visit’s highlight was the practical aspect that saw the Farm Mates cutting and planting yam vines at the screen house. Aighewi gave them a detailed lesson on the new technology of yam seed multiplication using vine cuttings. The Farm Mates also visited the cassava field, where they demonstrated their interest in going into the cassava value chain. The visit ended with a general tour of the Station.

Maiden Naija Farmer Reality TV show on a learning visit to IITA Abuja Brandspurng
IITA Staff with the TV show team and Farm Mates. | www.brandspurng.com

Responding on behalf of the Farm Mates, Joyce Chinwende-Okoroji thanked the Management and Staff of IITA. “We appreciate and will put in practice all that we learned in IITA today,” she assured.

Adetokunbo Amosu Launches Book As She Clocks 40.

Esan Bolaji
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Adetokunbo Amosu Launches Book As She Clocks 40.

Adetokunbo Amosu is set to launch a book titled “Customer Intimacy: The New Genius Code for Business Success!” in celebration of her 40th birthday. Adetokunbo is a creative entrepreneur within the fashion industry.

Adetokunbo built a career in the retail sector across various industries spanning stockbroking, insurance, and the fashion sector. She honed her Superpower: “the understanding of her customer “.

Adetokunbo Amosu launches book as she clocks 40 Brandspurng1

A defining point in her retail career was working in a managerial capacity with a foremost kid clothing company, Ruff and Tumble, before leaving to start her own eponymous brand, Reniques, while still consulting for other SMEs.

Tokunbo started her luxury bridal store in 2009 and it has since metamorphosed into an occasion wear store, dealing a wide range of luxury fabrics, blings, trimmings, bridal and special occasion wear. She believes in communicating Africa’s story through fashion.

Adetokunbo Amosu launches book as she clocks 40 Brandspurng

An alumnus of Nigeria’s foremost Lagos Business School (EDC), Fate Foundation and the prestigious Daystar Advanced leadership academy. She sees her role in life to be that of serving as a platform for change as she lends her voice within and outside the fashion industry.

She volunteers as Project Director for Afdec Family (a fashion NGO in Lagos, Nigeria.
Adding to her quest to influence the retail space,  she also trains shopfloor staff on Inventory management, customer acquisition strategies, merchandising with the Customer in mind etc!

Adetokunbo Amosu launches book as she clocks 40 Brandspurng1

Adetokunbo is a champion for female entrepreneurship, strategic partnerships and collaborations and enjoys public speaking, travelling, and experiencing other cultures.

Her Experience as a retail expert and willingness to see others succeed as well as her in-depth knowledge of customer Behavioral patterns has led her to write her book.

She wrote this book after having studied Customer behavioural patterns practically over the past 12 years and gathering in-depth knowledge around their purchase triggers and the indices that ensure repeat purchases.

Adetokunbo Amosu is happily married with two children

Adetokunbo Amosu launches book as she clocks 40 Brandspurng1
​
The book shows you why data-acquisition as a means to understand customer behaviour is essential to your business. It gives you a global outlook for your business while balancing it out with local scenarios to tackle your stage of business.​

It provides you with a strategic look into the customer retention model beyond just saving numbers. The book also provided practical steps to keep only valued employees operating at top productivity level.

Adetokunbo Amosu launches book as she clocks 40 Brandspurng1

The purchase of this book should be seen as a much-needed investment in unlocking business profits.

Get a copy of Customer Intimacy: The New Genius Code for Business Success! here

Stay connected for more information via her social media handles:

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FG, States, LGAs share N604.00bn FAAC allocation for Nov 2020

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FG, States, LGAs share N604.00bn FAAC allocation for Nov 2020

The Federation Account Allocation Committee (FAAC) disbursed the sum of N604bn to the three tiers of government in November 2020 from the revenue generated in October 2020.

The amount disbursed comprised of N377.15bn from the Statutory Account, N72bn from Distribution of FGN Intervention Fund, Distribution of N20bn from Stabilization Account, N7.39bn from FOREX Equalisation Account and N1bn from Excess Bank Charges Recovered.

Federal Government received a total of N231.29bn from the N604bn. States received a total of N167.17bn and Local Governments received N124.71bn. The sum of N31.90bn was shared among the oil producing states as 13% derivation fund.

Revenue generating agencies such as Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS), and Department of Petroleum Resources (DPR) received N5.19bn, N10.17bn, and N3.87bn respectively as cost of revenue collections.

Further breakdown of revenue allocation distribution to the Federal Government of Nigeria (FGN) revealed that the sum of N158.21bn was disbursed to the FGN consolidated revenue account; N4.05bn shared as share of derivation and ecology; N2.03bn as stabilization fund; N6.81bn for the development of natural resources; and N5.18bn to the Federal Capital Territory (FCT) Abuja.

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