In this interview, Chidiebere Onwuzurike, the founder of DEXTER, A fintech firm and research based firm talks about the fintech ecosystem, Crowdbux and how they will introduce robust credit scoring solutions for Nigerians. ANTHONY NWOSU Captured this in an exclusive interview.

 

DEXTER has been into Fintech space, tell us more about your solution?

Yes, we are a research-based software startup company founded in May 2021, we are leveraging the boundless powers of data and insights from curated user research to develop and innovate more powerful, and inclusive software for the fintech sector.

Your brand has Crowdbux as a solution do you think that it will make the needed impact in the industry?

Yes, I’m confident that it will. We only innovate software premised on credible insights and Crowdbux is one such innovation as a result of diligently curated consumer research. We have received early validation for the Crowdbux solution from potential investors, current and prospective partners as well as intended users. For context, during our waitlist marketing campaign in October, we successfully waitlisted over 2000 individuals in 3 weeks – a few of whom we identified to be decision makers of potential partner organizations.

When do you intend to launch?

We project to go-live with the Crowdbux solution in test mode by February 2023.

You also said that you are a R&D firm in the fintech space. How has this been?

Yes, research and development are the bedrock of our operations at Dexter, however I must point out that it has been most profitable for us in the sense that, we do not compromise on research as we rely heavily on quality feedback for iterations. It has also been some shades of challenging, largely due to limited resources to recruit volunteers and paid analysts to curate research online and offline, sort through volumes of responses and analyze the data for product development.

What are the challenges you face as a startup?

The same as every other startup creating amazing innovation, access to financing – whether credit or investment facilities – can be challenging when you are new in software industry because you have to prove your worth even to your team – that your solution(s) eases the pain-points of a large group of people and that you are uniquely positioned to generate huge revenues from that as a result.

Are you open to investors or are you okay bootstrapping?

Oh yes, though we have bootstrapped up to $15,000 in the past 1 year, we are very open toinvestment and have been in talks with a few notable potential investors recently.

When are you launching your mobile app?

This for us is a research-informed decision, we want our customers to tell us if and when they want it, however the crowdbux web application will be accessible using any web enabled device from February 2023.

 

Tell us about the people behind this innovative brand called Dexter?

The Dexter Force as we fondly call ourselves is a 6-member team of determined, cross-functional, diversely skilled and uniquely qualified professionals, led by my noble self, who are collectively positioned to ensure the overall success of the company. We are driven towards the same objectives and trained in several disciplines that make working and creating together, brainstorming new ideas and sharing solutions worth all our whiles. We are committed to throwing our best weights in all the ways necessary behind all our products now and in the future to simplify access to financial services for all.

What is your take of the Nigerian Fintech space?

Oh, what a time to be offering a revolutionary fintech solution in the Nigerian fintech sector. It’s clearly an ever-burgeoning space attracting over $507m in 2022 alone, and I think this trend is going to continue for the foreseeable future as innovation and globalization continue to evolve business transactions in Nigeria.

What do you think about credit ratings and how can you make Nigerians key into this?

Credit scoring is essential in helping us to determine who is creditworthy on the crowdbux solution, we have innovated a fantastic proprietary scoring model that takes important data points into account, constantly learning data and patterns in order to provide accurate scores for users. We are also partnered with Nigeria’s biggest credit bureau to further substantiate our model in order to provide a more robust credit reportage for users, and also provide our lenders with quality information to inform their lending decisions. In same vein, we are leveraging the expertise of our partners to provide 1 free comprehensive credit report to our users annually. Furthermore, as the CBN’s cashless policy continues to soar, the fintech’s in the credit market would begin to experience a growing demand for credit scoring as it’ll become a pre-requisite risk assessment accessory to accessing credit finance in the future.

What advise do you have for startups?

A quote that I picked up during a mentor session on Lagos Innovate’s IdeaHub program, it says “As an entrepreneur you’ll always have problems. That’s what you signed up for. So, my advice would be, consumer research is gold – never compromise it, stay the course of your vision, network as much as possible – seek mentorship, be visible and courteous, protect your IP, delay tough decisions until you have the solutions, feed well, rest well and remain coachable.

What do you think that the regulator (CBN) can do to improve the fintech space?

I must commend the CBN for systematically implementing its cashless policy which has enabled innovation to unlock several layers of alternative transaction channels, in conformation with global social development benchmarks. The CBN can also be commended for creating safe test environments – sandboxes – for financial companies, but must in same vein create safe spaces for information sharing amongst financial institutions (FIs), other financial institutions (OFIs), and other financial regulators (OFRs). More specifically however, I implore the CBN to begin implementing pertinent components of the credit insurance policy which will widen the financial safety net to substantially provide additional incentives for credit finance institutions (CFIs) to encourage long-term lending and cover against non-performing credits. Furthermore, since the CFIs rely heavily on FIs and vice-versa, the CBN can foster the partnership and conversations between these stakeholders to improve the global standing instruction (GSI) guidelines to include a memorandum on the execution of liens between FIs and CFIs on defaulting accounts to improve credit repayment culture and security of credit in Nigeria. Lastly, the CBN can consider creating monitored credit operator groups to categorize licensed CFIs into specialized groups, with each group guided by set standards, differentiated policies and internal operational frameworks based on operating license category, partnerships and public sector affiliation, as well as modes of operation, this will stimulate cooperation amongst relevant stakeholders and bring about standardization of the credit market operation guidelines.

 

 

 

 

Credit scoring is essential in helping us to determine who is creditworthy on the crowdbux solution, we have innovated a fantastic proprietary scoring model that takes important data points into account, constantly learning data and patterns in order to provide accurate scores for users

 

 

 

In this interview, John Nwachukwu, the Chief Information/Executive Officer of ZORACOM Communication talks about their strides in the Nigerian information and communication technology (ICT) space. He explained how organisations can key into their cyber security solutions and the need for them to deepen capacity building in this area. He also talked about the NSOC facility and cyber security laws in the country.

 

Tell us about Zoracom as an IT firm?

Zora Communications Limited (Zoracom®) is a Technology company located in Nigeria with wide regional presence in West Africa. We develop and deliver excellent business solutions, aimed at increasing our customers’ revenue, enhance satisfaction, and provide a real competitive edge for our customers. At Zoracom we pride ourselves in the ability to proffer & provide solution to our clients’ various needs when it comes to Observability (Our ability in understanding what’s going on inside and to answer any question about our client’s network), Cybersecurity (Our Solution protects computer systems, networks, and data from unauthorized access, use, disclosure, disruption, modification, or destruction) & Infrastructure (Helps our clients maximize cost which is secure and scalable)

As an IT firm, what is your take in the Nigerian IT space? 

The Nigerian IT space is a rapidly growing and dynamic industry that has seen significant growth in recent years. With a population of over 200 million people and a burgeoning middle class, Nigeria is a prime market for technology and digital innovation. The IT sector in Nigeria is diverse and includes a range of industries such as software development, ecommerce, cloud computing, mobile technology, and cybersecurity. In recent years, the sector has attracted significant investment from both local and international companies, and many startups have emerged as well. One of the key drivers of the Nigerian IT space is the country’s large and youthful population, which is highly tech-savvy and eager to embrace new technologies. This has led to a surge in demand for digital services such as ecommerce, online payments, and social media, which has in turn helped to drive innovation in the sector. The Nigerian IT space is also home to a number of successful tech startups which Zoracom is part of and we have attracted significant investment and are now leading the way in the country’s tech ecosystem. Overall, the Nigerian IT space is a vibrant and dynamic industry that is poised for further growth in the coming years. With a large and tech-savvy population and a supportive government, it is well positioned to become a major player in the global technology landscape and we are glad to play a major role in it.

You recently launched an NSOC, can we know why?

The life blood of any business is its network systems and as we all know, the digital landscape is constantly changing, and it is becoming increasingly difficult to protect against the various forms of cyberattacks that are targeting organization’s networks of all sizes. That is why Zoracom has invested in the latest technologies and strategies to ensure that we are always one step ahead of the hackers by setting up Our Network & Security Operations Center. Zoracom’s Network and Security Operation Centre (NSOC) will provide unified command, control, communication, intelligence sharing and analysis capabilities to enable physical security of the key state assets which includes IT infrastructure, real-time monitoring of events happening across ICS/SCADA networks and provide dynamic decision support, incident reporting, workflow management and system monitoring capabilities. Our Network and Security Operation Centre (NSOC) is equipped with state-of-the-art facility which serves as the cornerstone to consolidate our core services in Observability, Cybersecurity and Infrastructure management.

One of the challenges of cyber security is manpower and capacity building, do you have the competent personnel to manage this facility? 

Yes, we are very much aware of the shortage of skilled and qualified professionals. There is a high demand for cyber security experts, but the supply is limited, leading to competition among organizations to recruit and retain top talent. This can lead to high salary costs and employee turnover, as well as difficulties in finding qualified candidates. To address this challenge, Zoracom as an organization, we invest a lot in training and development programs to build the skills of our employees/consultants, as well as offer competitive salaries and benefits packages to attract and retain top talent. We also work with educational institutions to promote cyber security programs and help develop the next generation of cyber security professionals. Furthermore, we also consider outsourcing some cyber security functions to specialized firms, additionally we leverage automation and artificial intelligence which helps alleviates some of the workload and improve efficiency, freeing up our cybersecurity professionals to focus on more complex tasks.

Can you assist organizations in training?

At Zoracom, training is the Core of our service delivery to our customers, after or during the deployment of any of our services/projects, we ensure that they are well trained and get certified for it.  This is carried out through various methods such as providing training materials, conducting workshops or seminars, or hiring external trainers to lead training sessions. Additionally, we use technology such as e-learning platforms or virtual classrooms/labs to provide training to clients & employees. The training we have done for organizations has helped improved the performance and productivity of their workforce, as well as increase employee satisfaction.

In this era of eGovernment, do you think that public sectors can key into this facility? 

Yes, the public sector can key into NSOC (Network & Security Operations Center) in the era of eGovernment. At Zoracom, our NSOC can serve as a central hub for coordinating cybersecurity and emergency response efforts across various government agencies. By utilizing our NSOC, the public sector can improve their cybersecurity posture and ensure the protection of sensitive data and systems. This will help to prevent cyber-attacks and reduce the impact of any potential threats. Additionally, our NSOC can provide valuable resources and expertise to the public sector in handling cyber emergencies and responding to incidents in the following way;

On Integration,wWe help the public sectors integrate their systems and networks with our NSOC to enhance the security of their data and systems. This will allow them to share information and collaborate with our NSOC so we can help identify and mitigate potential security threats. Cybersecurity training at Zoracom, our NSOC’s cybersecurity training programs is developed to educate the personnel in the public sector on how to protect their systems and data from cyber threats. We have also Cybersecurity consulting. Here, we carry out consulting services to our public sector client using NSOC’s cybersecurity experts to help assess their systems and recommend the best security measures to implement that are in line with the regulatory bodies. This will help maintain their reputations and avoid costly legal and regulatory penalties. Then we have Threat intelligence sharing. This done by the sharing of threat intelligence with our NSOC team we can help the public sector identify and respond to potential security threats in a timely manner. Finally, Collaboration. Through our collaborative efforts with the public sector, we can develop and implement cybersecurity strategies and policies that ensure the security of their systems & data.

Can we know organizations that you have offered advisory services as a cyber security firm lately? 

We are currently in managed service partnership with the largest mobile network provider in Africa, providing for them through our observability services an end-to-end monitoring of their network. From the success of this deployment, we implemented same solution for her Western African OPCO. We have completed Proof of Concept (POC) for the second largest Mobile Networks in Nigeria with others in the pipeline. Also, we recently completed POC for the major ISP that services the Nigerian government and in an ongoing discussion with the regulatory body in one of the east African countries on how we can help unify the county’s mobile network provider using our observability services. Our Infrastructure management services has helped a truck mobility company in Lagos Nigeria managed mobility and truck traffic issues with callup application to connect existing physical infrastructure, thereby creating order and visibility for operators and regulators within the respective industry sectors we operate.

What is your take on the cyber laws in the country? 

Cyber laws are a set of laws and regulations that aim to protect individuals and organizations from cybercrimes and online threats. These laws apply to various activities such as hacking, cyberstalking, online fraud, and data breaches. One of the main challenges in implementing cyber laws is the constantly evolving nature of technology. As new technologies emerge, so do new forms of cybercrimes and online threats. This means that cyber laws must be constantly updated and amended to address these new challenges.Another challenge is the global nature of the internet, which means that cybercrimes can often cross international borders. This makes it difficult for law enforcement agencies to effectively prosecute and punish offenders, as they may not have jurisdiction in the country where the crime was committed. Despite these challenges, the importance of cyber laws cannot be denied. These laws help to ensure the safety and security of individuals and organizations online, and help to deter cyber criminals from committing crimes. To ensure that organizations are compliant, our NSOC at Zoracom guides individuals and organizations to be aware of and comply with these laws in order to protect themselves and others from cybercrimes.

You offer solutions for Telcos known as MSP, network monitoring & provisioning. How has it been?

It has been successful thus far, our solutions and technologies give us the edge to enable our clients have high end network monitoring, traffic analysis, and performance metrics of their networks. Using a state-of-the-art Network Operations Center (NOC), it provides visibility into various aspects of their network, including traffic patterns, network performance, and service availability. We thrive on the ability to quickly and accurately identify and resolve network issues, through a well-structured change management and configuration process, to prevent downtime and improve network reliability, and also ensuring that users can access the services they need without interruption. Our Infrastructure management services has helped a truck mobility company to manage mobility and truck traffic issues in one of the busiest ports access zones in Africa. A callup application was developed to connect existing physical infrastructure, thereby creating order and visibility for operators and regulators within the respective industry sectors.

 

Tell us about your Enterprise/IoT networks & application? 

One of our product/solutions called Zmart is specifically tailored to help our customer when it comes to Enterprise /IoT networks & applications. Zmart has the ability of providing our clients the right technology to empower their business by gaining flexibility and agility for connecting, securing, managing, and analyzing data for a seamless, efficient & thriving connected world. It powers visibility control on business process automation, IoT, industry 4.0, IPTV/Multimedia, and smart city & homes.

Financial ecosystem is a peculiar one, you have been offering services such as Fintech/PSP infrastructure monitoring, how has it been?

Our Fintech solution through our Product Miro powered by StableNet can unify our clients core network and cyber security operations with service providers and 3PP. It can Monitor Interconnect transactions through mobile payment gateway for holistic view of critical transactions form one point to another.

You have other services such as Billing solutions and service desk?

Zoracom’s Configuration and Change Management are important considerations when implementing our billing solution, as they have a significant impact on the efficiency and accuracy of the billing process. Our billing solution allows you to easily customize and configure various aspects of the billing process, such as currency, taxes, billing intervals, and billing methods (e.g. recurring, one-time, usage-based). This will help tailor the solution to your specific needs and requirements.The billing solution we have has a robust change management process in place to ensure that any changes made to the system are properly documented, tested, and implemented This will ensure that mistakes are avoided and minimize the risk of errors or disruptions to the billing process. It also offers automation capabilities, such as automatic invoicing and payment processing which will help streamline the billing process and reduce errors coupled with unnecessary loss of valuable time.

Incident management, how can firms key into that?

At Zoracom there are several ways that firms can key into our incident management services, Firstly, firms need to Partner with an incident management service provider that specializes in incident management services like ours which will allow them access the necessary resources and expertise to effectively respond to and manage incidents. Secondly, Firms should establish clear processes for identifying, responding to, and managing incidents. This will help ensure that incidents are properly handled and resolved in a timely manner at the same time firms should ensure that their employees are properly trained to identify and report incidents. This will help ensure that incidents are identified and reported quickly, which will help minimize their impact on the business. Thirdly, investment in technology like incident management software is key to help quickly identify, report and track incidents and lastly establishing clear communication channels between different stakeholders in order to effectively manage incidents. This involve setting up an incident management hotline or implementing an incident management system that allows for easy communication between the stakeholders.

Are you looking at ECOWAS Region this 2023?

We are already operating in some parts West Africa, part of our roadmap for 2023 is to expand to more western and eastern African countries by setting up virtual office in Ghana and Kenya.

our solutions and technologies give us the edge to enable our clients have high end network monitoring, traffic analysis, and performance metrics of their networks. Using a state-of-the-art Network Operations Center (NOC), it provides visibility into various aspects of their network, including traffic patterns, network performance, and service availability. We thrive on the ability to quickly and accurately identify and resolve network issues, through a well-structured change management and configuration process, to prevent downtime and improve network reliability, and also ensuring that users can access the services they need without interruption.

Innovative fuelless power generation company, Windelectric Nigeria has availed Nigerians of its unique range of power generation systems that requires no fossil fuel to generate industrial-grade power. At an event held penultimate Thursday in Lagos organized by Tech TV called Digital Agenda Forum 2022, the proponents of Windelectric Nigeria, explained to a cross section of technology enthusiasts about the fundamental components and work-ability of the fuelless generator.

During his presentation, a director of the company, Professor Ademola Akinrinade, explained that the fuelless generator was from the application of some basic principles of Physics that relied mostly on a magnetic field created to replenish itself and at the same time generate power. Prof Akinrinade explained that Windelectric Nigeria was born out of a need to not only help Nigeria solve its energy crisis but also to aid the country’s quest at Industrial Revolution.

Citing several sources, Professor Ademola explained that lack of electricity has stunted the growth of the industrial sector within the small and medium-scale Enterprise Arena in Nigeria. But with the innovative fuelless generator from Windelectric Nigeria, the country now has the capacity to focus less on issues surrounding power supply and focus more on actual production. He went further to state that in reality, the electromagnetic powered generator from Windelectric Nigeria is a better definition of what green energy actually is. According to him, “unlike some other green energy solutions like battery, wind and solar, what Windelectric Nigeria is bringing to the table is the only real and truly green energy that can power industrial sector alongside thermal power”.

At the event which had in attendance Technology eggheads like Dr.Pius Okigbo jnr, the past president of the Institute of Software Practitioners of Nigeria (ISPON), Dr.Macdonalds Chidi from the Nigerian Communications Commission (NCC), Rita Ndidi Amuchenwa, country executive leader Intel Corporation west Africa, Her Excellency Samata Gifty Bukari, Ghana Consulate General to Nigeria, Engr. James Agada of Ixzdore Laboratories, Dr. Victoria Ekhomo of Transworld Security, and a plethora of other technology enthusiasts and experts, the focus was basically to discuss and dissect the technology landscape for the country going forward.

With such objective the theme from Windelectric Nigeria which was led by its chairman and chief executive officer, Engr. Tunji Ishola, made a promise that utilizing the advantages or the fuelless generator all other technology advancements of the country can be realized especially when the issue of free and renewable energy is added into the mix. While receiving the award for Most Innovative Renewable Energy provider from the organizers of the event represented by Don Pedro Aganbi, the CEO of Windelectric Nigeria promised to use the award as a motivator to spread the gospel of renewable energy across the country and continent.

As businesses are getting more digitalized today, with a lot of business processes going online and virtual, the need to rejig and strengthen the cyber security architecture becomes imminent for any business to survive globally, Nigeria inclusive. Breaches are commonplace today, costing corporate world billions of dollars to combat. In line with this narrative, ZORACOM, an indigenous information technology (IT) firm located in Lekki will be launching their Network/Security Operation Centre (NSOC). This is to ensure that corporate organizations in the country have access to world-class cyber-security solutions in a cozy environment manned by competent manpower.

Speaking on the intention of ZORACOM to unveil this facility, John Nwachukwu, one of the Chief  Executives Officer of ZORACOM opined” We believe in doing things right, we are looking at how to service our existing clients better and how we can improve. We have a full grasp of the importance of cyber-security and business continuity; we are here to ensure that organizations are fully protected from these breaches that occur on daily basis. We are going to launch this NSOC facility just to ensure that firms are safe in their cyber environment. “

“Being a Zoracom Ninja (Zoran) means learning and doing new things every day, that revolve around helping digital businesses in data collection and analysis to make informed profitable decisions. Remember, we are on the journey of automating businesses, aimed at increasing end use revenue, enhancing satisfaction, and innovating solutions for business success”, John added.

To be launched this December 20th, the facility will be one of a kind in the country and will be a turning point in the area of cyber security solutions and manpower.  The facility will be a testament of the leading position of ZORACOM as an IT and Cyber-Security solution provider.

Zora Communications Limited is a technology company, automating digital transformation for cybersecurity, cloud, network, and service management. Zoracom, apart from cybersecurity solutions offers Broadband Access Networks,   Mobile Networks(3G/UMTS, LTE/4G, 5G),LoRa Access Networks, Radio Networks(Point-to-Point),Optical/SDH, Ethernet, IP/MPLS Aggregation. Others are Optical, IP/MPLS Backbones, Security/Firewalls and Voice/Soft Switch

 

Anthony Nwosu

 

 

” We believe in doing things right, we are looking at how to service our existing clients better and how we can improve. We have a full grasp of the importance of cyber-security and business continuity; we are here to ensure that organizations are fully protected from these breaches that occur on daily basis. We are going to launch this NSOC facility just to ensure that firms are safe in their cyber environment. “

 

 

Lots of Nigerians are wrapping up the year with expectations and they will be ushering the New Year with lots of fanfare and hope. In line with this festive mood irrespective of the economic downturn, a serial businessman, a man that has been able to add value in the lives of Nigerians, Paul Kayode Jaosh will be bringing life changing events to Nigeria to assist them have a wholesome life this 2023. The two events known as “My Double Double” a motivation event designed to lift Nigerians from the way they think and see thing, then there will be another career changing event known as Pure Health Agency Event, where Nigerians that wish to work in the British health industry will be assisted to emigrate.

Occupational mobility has always been human want and need. The need to search for a better place and environment for individuals and families have been there from time immemorial. In line with this job mobility, Purer Healthcare Agency a health sector recruitment firm based in United Kingdom, UK will be their LAGOS CARE SHOW to be held at AGIP Recital Hall, Muson Centre, Onikan, Lagos Island, Nigeria this 7 December 2022.

Paul-Kayode Joash, Director Purer Healthcare Agency “We supply UK qualified overseas care and nursing professionals. 1000’s of positions available.5years work visa Earn a minimum of £20k a year, Certificate of sponsorship, Free education for your children under 18.Nigerians can participate via various channels, to be part of the conference via Zoom, the amount of N30,000⁣   (Thirty Thousand Naira)  and the link is https://paystack.com/pay/lagoscareshow-virtual , ⁣while regular ticket will be paying N50,000. (Fifty Thousand Naira) https://paystack.com/pay/lagoscareshow-regular  . These tickets Would Be Sent to Mails. Participants stand to gain many things such as Guaranteed UK Care & Nursing jobs⁣.3-5 years UK Work Visa⁣.they will earn a minimum of £20k a year⁣. There will be certificate of Sponsorship, Free education for children under 18, Dependant visas available⁣ and Help with CV, Training & Eligibility.

Paul-Kayode Joash added that “Interested participants should be prepared to be inspired by the UK’s leading health experts, thought leaders, and care experts. Purer Healthcare Agency is a subsidiary of ObsGynea Healthcare UK Limited. We offer expert, highly personalised services to UK Care Providers in meeting their staffing needs.”

As with “MY DOUBLE DOUBLE ” event, today, lots of Nigerians are wrapping up the year with expectations and they will be ushering the New Year with lots of fanfare and hope. In line with this festive mood irrespective of the economic downturnn, a serial businessman, a man that has been able to add value in the lives of Nigerians,

According to Paul, “If doing better than ever before in business, career, and life is what you want, then you need to attend RESURGE!⁣Strategic deployments that makes you ‘come alive’ again!⁣ This year’s MyDoubleDouble Conference remains a very personal one for me and would be for our audience. Our theme has been “Getting from where you ARE to where you want to be” but this year it is “From where you WERE to where you want to be”. Negative experiences have a way of affecting our minds forming the bedrock for its reoccurrence and a cycle could be born. In this exclusive event, you’ll discover the skills, the disciplines, and the unique insights that propels to lasting greatness.”

The event will start from 10.30am which is on Wednesday 7 December 2022, MUSON Centre, Lagos.  While Lagos and Saturday 7 December will be held at the EMINENCE CENTRE, Ibadan. Notable speakers that will be gracing the occasion are Lara Kudaisi, Obafemi Bamigbe, Sanmi Akindipe, Bisi Akintayo while the Host is Paul-Kayode Joash.

Paul-Kayode is a prolific international inspirational Speaker, Sales/Marketing Guru and Personal & Business Transformation Coach/Trainer. Paul is the Chief Rainmaker at MyDoubleDouble International plus Sayitbetter Media & Communications (The Branding Guys)

 

 

 

 

 

 

Seasoned media personality and entertainment journalist, Sam Anokam recently to his love of live Linda in a wedding that was well attended by the media community in Lagos, The Nation Newspaper, Alumni of IMSU and well-wishers from Imo state and Anambra state.

Speaking to the media, an elated Sam said, “I am grateful to God for making this day come through. It is a thing of pleasure to see myself and lovely wife surrounded by those that value and appreciate us. We are grateful for this, we are thankful for those that honored our invitation.”

In line with his position, the wife, Linda added that,”We cannot thank God enough for this day. It has been a journey and we strongly believe in God first. We are outing God firm in our union and also, he will be the author and finisher of this union. I also thank those that took time to come. I feel special today.”Bride and Groom

Speaking about the groom, Ngozi Okonkwo (Nee Nzeribe) a course-mate from Imo State University, Owerri same department with Sam added that”Over years, I have known Sam as a good man that do not quarrel with anyone, focused and very dedicated, I am sure that the wife has found a jewel in him. He is a man that knows what it takes not to offend people and he will just do this. I and some of my course mates who are here wish him a splendid union.”

“We are very impressed with the organization and also we are wishing them success in their marriage. We believe that they should apply the advises that have been given to them by many people especially the catholic priest for this marriage to work. We are very happy that this event was a success, said Pet, a course mate from IMSU.

Sam Anokam is a seasoned media personality, having worked with so many media houses and represented many of the movie industry and Actors Guild, graduated from the Imo State University. Anokam is the current secretary of IMSU Alumni Lagos, works with The Nation Newspaper and publishes NEWSTIME AFRICA, an online media platform that showcases the positives side of Nigeria especially the entertainment business.

Clara Nchekwube

 

 

Tony Nwosu and Linda Odor

 

Tony and Mike
from Left to Right is Ngozi,Sammy,Linda and Zoba

 

 

 

In this interview, with Engr. Adetola Adebanjo, the Founder and Chief Executive Officer of Morton78; a wholly Nigerian company passionate about Improving the lives of Nigerians by providing Energy access discussed renewable energy solution and how businesses in Nigerian can leverage on it for higher profitability. Anthony Nwosu captured this in an exclusive interview.

 

 

 

As an energy player, what areas of the industry are you playing in?

We are an innovative clean tech company that develops and delivers exceptional solar power engineering services to people and businesses.  Energy is more of a need than a want as everyone needs energy to run their daily lives. At Morton78, we are passionate about Improving the lives of Nigerians by providing Energy access to unserved and underserved people of the country has been playing an active role in providing power and creating jobs for people in Nigeria.

What is your take on renewable been expensive?

This is already changing as volatility of diesel pricing has made using generator a more expensive option for energy generation. We at Morton have a plan we call the “Save To Own” plan whereby you pay to own a system over a predetermined timeline.  This payment would be lower than what you are currently spending on power. Clean energy is much cheaper in the long run as it is a one-time cost if done properly and with quality equipment. Unlike a generator, you must factor in the cost of diesel which now is N800 per liter and likely to rise.  Do you know that every 10kVa of generating set uses 2 liters of diesel every hour? Depending on your generating set, do the math running it for 6hours a day and 20 days a month, you would see the advantage of going renewables cannot be overemphasized. Our save to own plan aims to reduce the operational cost of home and businesses where we spread the payment for people and businesses. What we have done is made clean energy more affordable thereby turning expenses into profits for organization as they spend less on energy. Contrary to beliefs that solar panels do not last, they have a longer shelf life than generators as they still produce up to 80% of their initial capacity after about 20years.  Its’ return on investment is also better in comparison to buying and using generators for energy needs. In other to serve our customers we ensure to understand their consumption pattern to adequately design the system that works best for them. A common mistake is sizing inverter right but under sizing the solar panel and battery requirement.

We have a lot of challenges on authenticity and originality. What have you done to address this?

Well, we have a solid service delivery. From experience, what we have seen is that some people that get solar for usage do not get it from competent firms and experienced professionals. They get it from people that will come and count their appliances and tell them their need. Some of these people do not understand the concept of energy audit, at Morton, we have a concise way of doing energy audit where we install smart sensors in your homes or business and this will give us a clear insight of the pattern of energy you consume, we then look at this pattern and give you solution that matches your load profile. So apart from these smart sensors and auditing we ensure that you have a clear view of what you need as you see in real time how you consume energy.  We must have a clear insight into your energy consumption before we embark on proffering solutions.

What are the advisory solutions that you have for clients?

We noticed that people have heavy equipment like water heaters, pumping and washing machines etc., these appliances are high energy guzzlers, what we do is migrate these appliances from other times of usage to daytime usage using smart switches. Solar energy is free during the day. Why not ensure these appliances work when we have sunlight. This simple yet effective solution reduces the sizing of battery and generator thereby giving them additional savings. For example, a smart switch can be used for your water heater to come on at 10am in the morning and go off by 3pm in the afternoon.

Tell us about your Energy Solution for Building Development?

At Morton, we offer different products for infrastructural development. Some of which are the Smart bench, this is a solar powered bench with advertisement pane, phone charging capabilities and wifi. Another product we offer is the Smart Solar Streetlight. We see street lighting as more than just lights. Our street lighting is a solution that provides lighting, WIFI distribution and camera monitoring all in one solution.

What kind of support services do you have?

We have a lot; we follow up on clients and advise them on usage and limitations. We trouble shoot if there is anything wrong from our dashboard. We can log into the system from our office and have a clear view of the problem from the back end and either solve remotely or have the solution on hand before visiting system location. We also have a system in place where we tell the client when to clean their panel depending on the location. We can monitor client’s consumption remotely and trace the faults. We have a robust support system for our clients. We work with data. Insight is key.

, Engr. Adetola Adebanjo who is the founder and the chief executive officer of Morton 78

What sets you apart from others in the market?

Innovation and a proven financial model. We have speed of attending to customers need. We believe that every Nigerian wants energy, and we ensure they see energy as a supporting their livelihood than a burden. Our energy audit enables our client to view their consumption in real time, this helps them to understand their energy need. It is this level of transparency we have deployed to gain trust from our clients. Our advisory services have made them to appreciate us especially the big organizations like banks. 

Can organization like banks and hotels use solar?

Our Alternative Power solution ranges from a 5kwp solution termed as APS5 to 100kwp coined as APS100. These APS are modular and can be scaled up to 1MW. Big organization can deploy solar from banks to churches even cold room facilities. There has been advancement in the battery technology, it has moved from lead acid battery to lithium-ion battery. We know that the major cost of renewable is the battery. There is what is called depth of discharge, you know that lead acid battery should discharge around 50% and if it does more, the battery will not last as much whereas lithium-ion battery can be depleted up to or more than 80%. It also has a faster recharge time with longevity of up to 10 years.

Apart from Lagos, have you deployed in other parts of the country?

We did deploy a 138-kwp projects in Maiduguri for the Northeast Children Trust to assist Internally displaced children. We have also deployed solutions in Abuja, delta and other parts of Nigeria.  Presently, we are partnered with Rural Electrification Agency to provide Solar Home Systems to underserved and unserved regions of Nigeria. Morton78 has deployed these systems in the South West states of Ogun, Oyo, Osun, Kwara and Ekiti states. There are a lot of communities in Nigeria that haven’t seen light before in their lives, it was our solar solution that is bringing this much needed change in their lives.

The cost of energy is getting higher in Nigeria. What can SMEs do to reduce their energy cost?

One way to increase your profit is to reduce your expenses. A critical expense for SMEs is their cost of energy.  To reduce your energy cost you must have an insight into your energy consumption. Once you gain this insight, you can integrate clean energy system from Morton to assist you in turning these expenses into profits.

Do you think that people are beginning to be opened to alternative energy sources?

Oh yes, they are, businesses are figuring out ways to increase revenue and to reduce expenses and one of the major expenses is power.  Power is a major cost of doing business in Nigeria. With our various solutions, we are bringing the cost down for Nigerians. We also have solutions for small households and MSMEs i.e shop owners, barbers, artisans etc where they pay as low as N20,000 to get a solar system with a fan, phone charging capabilities, 4 bulbs and an external inverter to power up to a 32inch TV. It is called the LM 60. Payment would be spread for fifty-two weeks at the rate of N2,950 per week. As they are mostly daily earners it is easier for them to make weekly payments.

 

 

Are you looking at rural areas?

Morton78 is one of the companies partnered with Rural Electrification Agency and world bank to close the energy gap in Nigeria by providing Solar Home Systems (SHS) to undeserved and Unserved areas in Nigeria.At present we have deployed over 1,000 SHS and provided over 50 jobs for people in Ogun, Oyo, Ekiti and Kwara State of Nigeria.

What are looking at next year from MORTON 78?

Next year, we are looking at rural electrification and focus on those that do not have power. We have many agents in rural areas and have provided power to over a thousand homes. We plan to provide power to 10,000 homes while creating 200 jobs. Morton would also be focusing on proffering turnkey solutions to SMEs and larger organizations using our designed energy solutions and proven financial models.

 

 

“Contrary to beliefs that solar panels do not last, they have a longer shelf life than generators as they still produce up to 80% of their initial capacity after about 20years.  Its’ return on investment is also better in comparison to buying and using generators for energy needs. In other to serve our customers we ensure to understand their consumption pattern to adequately design the system that works best for them. A common mistake is sizing inverter right but under sizing the solar panel and battery requirement.”

 

Morton78; a wholly Nigerian renewable energy company with core focus on Improving the lives of Nigerians by providing Energy access to unserved and underserved people of the country recently made their payment plans known for businesses in Nigeria. According to the organization, the payment plan is designed to address the initial cost problem many small and medium scale (SME) enterprises encounter before they go for solar and other forms or renewable energy.

Speaking to the media, Engr. Adetola Adebanjo who is the founder and the chief executive officer of Morton 78 said, “We at Morton have a plan we call the “Save To Own” plan whereby you pay to own a system over a predetermined timeline.  This payment would be lower than what you are currently spending on power. The renewable is not expensive in the long run, apart from the initial capital expenditure. you can see that with generator, you can factor cost of diesel which is N800 per liter and you will do like six hours and you do the math and you will get about 60 liter per day and you have the gen running like 6 hours daily and if you multiply by 20 days per month, you get about 5 million a year only on buying diesel not maintenance and personnel cost. We have what we call save to home, we try to use this to reduce the operational cost of organization and we spread the payment for organizations.”

, Engr. Adetola Adebanjo who is the founder and the chief executive officer of Morton 78

Adetola added that” The initial cost might be higher but the return on investment (ROI) will be there in less than two years. On the contrary solar panels have a longer shelf life than generators. Its’ return on investment is also better in comparison to buying and using generators for energy needs. In other to serve our customers we ensure to understand their consumption pattern to adequately design the system that works best for them. A common mistake is sizing inverter right but under sizing the solar panel and battery requirement.

As one of the companies signed by the Rural Electrification Agency to partner with them in closing the Energy gap by providing Solar Home Systems, Morton 78  came up with an initiative termed “The Reap Empower” where they  focused  on achieving 4 critical elements such as Providing technical and sales training to women and youths, Promote viability and cost effectiveness of solar energy in the community, Provide a source of empowerment and revenue generation to youths and small businesses and Breeding skill acquisition in communities.

To achieve these, they rolled out their initiatives in the Southwestern States of Lagos, Ogun, Oyo, and Ekiti States. “We understand that most Nigerians are daily earners who tend to be able to afford basic amenities daily. We had to infuse that concept into our thinking of how they currently use and afford power. Most of them tend to either buy petrol, diesel, kerosene or candles daily. Depending on these volatile sources for their electricity is having adverse effect on their spending habit and health in general. Creating ways of maintaining clean energy and daily affordable expense routine was a critical factor in determining affordability of providing them Alternative Sources of Energy”, Adetola opined.

Another critical factor is getting their buy-ins and trust in these Alternative Sources. Morton78 had to partner with people of Good moral standings and character in the community. These people became Advocates or people we call Gate keepers. In tandem with them, they were able to create a process to get people on our program for technical and sales training. In about 6months, Morton78 have been able to give sales and technical training to over 50 Nigerians and provide Alternative Power to over 1,000 Nigerians while impacting the lives of over 5,000 Nigerians. With a goal that in the next one year is to train over 500 Nigerians while providing power to over 10,000 Nigerians. Thus, impacting the lives of over 50,000 Nigerians.

On what sets them apart from the other players in the renewable ecosystem, Adetola made it known that “Innovation and we have a financial model. We have speed of attending to customers need. We believe that every Nigerian wants energy and we try to look at things from a point of view of real time. Our energy audit will enable the client to view things in real time, this helps them to understand their energy need. It is the level of transparency we have deployed to gain trust from our clients. Our advisory services have made them to appreciate us especially the big organizations like banks. Our Alternative Power solution ranges from a 5kwp solution termed as APS5 to 100kwp coined as APS100. These APS are modular and can be scaled up to 1MW. Big organization can deploy solar from banks to churches even cold room facilities. ”

ANTHONY EMEKA NWOSU

 

 

The initial cost might be higher but the return on investment (ROI) will be there in less than two years. On the contrary solar panels have a longer shelf life than generators. Its’ return on investment is also better in comparison to buying and using generators for energy needs. In other to serve our customers we ensure to understand their consumption pattern to adequately design the system that works best for them. A common mistake is sizing inverter right but under sizing the solar panel and battery requirement.

 

 

 

 

Software and mobile apps have come to be a part of our lives today. In a highly digital world, organisations are deploying software to either aid them to be more productive or make their customers find lives easier, Nigerian firms aren’t left out of this. In line with the trends, many indigenous firms have come out to offer software development solutions to many Nigerians that need it. Ranging from business to social software, one of the Nigerian firms with tremendous strides in the software development ecosystem is Special Man Global Solution Ltd. An indigenous firm located in Ikeja Lagos.

Speaking to the media on the importance of software development processes and client management, Ifeanyi Ezeofor who is the chief technology officer (CTO) of Special Man Global Solution Ltd said “Special Man Global Solution LTD software development process is born out of a desire to see products delivered to the highest possible standard while taking into consideration the affordability of our service.”

He added that “We have built a process for every project we get to work on…“ and this was further reiterated by Onyeka Ubazue, Client services personnel and Operations manager, “We collaborate with our clients to ensure that their projects are successful. From building and fostering communication during development time, our clients are in the front-row seat on their project development.”

As a unit, they mentioned that the focus is to simplify information as much as possible for the client as this process starts even before they become clients. Precious Anigbo, growth and Marketing personnel, stated that “our social media contents and pages are a reflection of information simplification, we like to bring technology to the human point of view by treating topics that we believe the general public should have a better grasp on as well as explaining technical terms and processes in an easy to understand way.”

On their engineering and product development, Ifeanyi made it known that excellence is non-negotiable in their process, “for us there’s no one way to building a product. As a practice, our team is constantly researching and optimizing our product development methods and options so that we can deliver excellent software every time. Excellence is the nature we inherited from God so we must shine that light in every project we undertake”

On their support services and client relations, Onyeka highlighted that from conception to execution and deployment, they have it as a policy to carry clients along during any project. In her words, “We are a very communicative organization, so we take the time out to first establish a communication pattern and channel so that we can be present when we need to be. Also, having a communication pattern allows us to collect feedback when needed so that the project time is not delayed.”

Over the years, the company has developed a strong capacity in Mobile App Development, Web Development, Game Development, Blockchain Project Development, and Fintech Solution Development. They can be reached online at specialmansolution.com and also on their social media pages.

 

“We have built a process for every project we get to work on…“ and this was further reiterated by Onyeka Ubazue, Client services personnel and Operations manager, “We collaborate with our clients to ensure that their projects are successful. From building and fostering communication during development time, our clients are in the front-row seat on their project development.”

 

The Regenerate Bible Study for Women, a not-for-profit gathering is set to host its 2022 retreat in Lagos this December.

Regenerate as it is often called, poignantly reveals the Word of God to women, inviting them to receive God’s truth for balance, hope, and transformation.

The Retreat is scheduled to hold as follows:
Date: Saturday 3rd, December 2022.
Venue: La Madison Place Oniru, Lagos.

According to the convener, Mrs Eyitayo Iyortim, women from all-walks of life, irrespective of domination, status, or standing in life from across the country come together to have deeper intimacy with God during these retreats.

“We bond, worship, pray, study the word of God together, gain clarity and are refreshed, we just shut out the noise and distractions. Guest ministers and speakers are often invited to minister or speak at the retreat,” she said.

Mrs Iyortim said the theme for this year’s retreat, ‘Be Renewed ’, was culled from Ephesians 4:23 which reads: ‘…and be renewed in the spirit of your mind’.

“The vision, of Regenerate” Mrs Iyortim said is to “guide women into seeking God’s kingdom first and by doing so, fulfil their purposes here on earth”.

“The Regenerate Bible Study for Women is on a mission to see women from everywhere, worship God in spirit and in truth”.

The programme is FREE and occurs both physically and virtually on the group’s social media platforms.

The Retreat holds the first weekend in December every year. All adult women are invited to attend and be blessed.

All enquires regarding participation can be sent to welcome@regeneratewomen.org.
For more information, please contact
Eyitayo Iyortim, Convener +2348037043577 Or Tosin Alalade, Regenerate administrator 08087560008