Tuesday, November 14, 2017

World BankWe have over $8.5bn investment scattered across Nigeria


World Bank Group says it has an investment portfolio of about 8.5 billion dollars scattered across states and regions in Nigeria to support inclusive economic development and youth empowerment.
Mrs Olufunke Olufon, the Senior Communications Officer, World Bank Nigeria, made this known
in a statement on Sunday in Abuja.

She stated that the investments were to assist the 36 states of the federation and the Federal Capital Territory to reduce poverty and foster prosperity for all Nigerians.

She noted that the explanation followed concerns raised by Nigerians over the comment by World Bank President, Mr Jim Yong Kim that President Muhammadu Buhari asked the bank to shift its intervention focus to North Eastern states.

She said that the bank was also working with federal and state governments, as well as
development partners on speedy delivery of critical interventions to people of the North East who urgently needed assistance.

She added that “in 2015, the Government of Nigeria requested World Bank support to respond to the humanitarian and development crisis in the North East of Nigeria."

“To assess the needs of the nearly 15 million people in the region impacted by the crisis, the World Bank Group, the UN and European Union carried out a Recovery and Peace Building Assessment (RPBA)."

“And based on the findings of the assessment, World Bank’s 775 million dollars support to the North East focuses on restoring basic education, health services, agricultural production, and livelihood improvement opportunities.”

Olufon noted that the World Bank Group was doubling its resources to address fragility, conflict and violence at the subnational and national levels and help to stabilise places that were affected by high poverty and influx of people.

Muhammadu BuhariPresident’s visit to Turkey attracts 23 companies


Following President Muhammadu Buhari’s recent visit to Turkey to boost bilateral trade, 23 Turkish electrical manufacturing  companies will  visit Nigeria this week to meet buyers and distributors.
The Managing Director of Naijalink Ltd., Mrs Thessa Bagu, told the News Agency of Nigeria (NAN) in Lagos that the visit would strengthen trade and economic relations between Nigeria and Turkey.

Naijalinks, a local firm, connected foreign companies willing to do business in Nigeria to local buyers or sellers.

“Following renewed Turkish-Nigerian commitments to boost bilateral trade, a Turkish electronics and electrical goods trade mission will, this week, be visiting Nigeria for meetings with local buyers and distributors."

“This trade mission is coming only weeks after President Buhari visited Turkey to strengthen trade and economic relations between Nigeria and Turkey."

“Under the ambit of the Turkish Electro Technology Exporters’ Association (TET) – a professional body representing over 7,500 companies – the trade mission will showcase advanced Turkish white goods, electronics, cables and electrical production and distribution equipment,’’ she said.

Bagu said that the mission would comprise Turkish manufacturers, representing companies across consumer electronics and appliances, lighting, cables, electrical transmission and distribution equipment, industrial automation products and specialised cables.

She said that the mission, to be led by the Vice Chairman of TET Board, Mr Mehmet Kavaklioglu, would hold pre-scheduled meetings with Nigerian business operators at Eko Hotel and suites, Lagos, on Thursday.

According to her, Turkey’s fast-growing electronics, white goods and electrical components sector annually exports over 10 billion dollars in goods to the global market.

NAN reports that Buhari went on a four-day working visit to Turkey on Oct. 18.

The president participated in the ninth D-8 Summit in Istanbul on Oct. 20 and held bilateral meetings with some member-countries.

The Next Titan Nigeria Season 4Prisca Ugbaja has been evicted from the show


As the weeks unfold, so does the anticipation grow for us to know who will become the lucky winner of 5 million naira and a brand new Ford Ranger courtesy Ford Motors and Coscharis Motors, the official automotive sponsors of the show.
The Next Titan Nigeria season 4 which is proudly brought to you by Heritage Bank plc, records another week eviction. PRISCA UGBAJA, who is CEO Five Star Cleaning Services, has been evicted from the show. Find out what went down in the board room and why she had to leave by catching  the show weekly on Silverbird TV (DSTV Channel 252) Saturdays 4-5pm & TVC (DSTV Channel 418) Sundays 6-7pm.

Follow the conversation with #TheNextTitan4. Weekly episodes are also available for online streaming on www.youtube.com/c/TheNextTitanTV and for more info visit www.TheNextTitan.com.

Best External Hard Drives 2017 -10 Best Portable Drives Reviewed

Remember the days when the only ability to have storage inside your PC was by hooking up an internal storage device commonly known has hard disk or hard disk drive? That was the storage standard for quite some time, and other than that, there was absolutely no way of having your storage outside your computer. Then came those USB flash drives that allowed you to carry small amount of data whenever you wanted to.
However, when compared to actual, full sized hard drives, these USB drives didn’t really have enough storage and were often quite expensive. With that out of the way, things have drastically changed in the modern day and age, hard drives are quickly being replaced by SSDs (solid state drives) and while USB drives are still relevant, they have a direct opponent known as the external drive.
These external hard drive are powered using the USB cables, however, they have storage that can easily equal the storage that is usually found in the internal hard drives. The main purpose of these external drives is not to carry operating systems but provide enough storage so people can easily back up their data rather than keeping it on multiple flash drives like in the old days.
These storage devices are available in several different sizes that range from 500 gigs and all the way up to 1, 2, and even 4 terabytes. With that said, at this point, it’s pretty obvious that the higher the storage, the higher the price you will be paying. But don’t worry, these storage devices are a little bit more expensive than the internal mechanical drives, however, not as expensive as the solid state drives.
If you are someone who is currently roaming the market for an external hard drive that is both amazing, and budget friendly, then you’d be glad to know that there will be a lot of options to choose from. However, the same advantage can be a disadvantage if it’s your first time buying an external hard drive. That’s why we have created this list to help make things easier for you. Without further ado, let’s take a look.
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The Best Business VoIP Solutions of 2016



 One of the most important aspects of building a successful business is customer engagement. Today’s businesses reach out and connect with customers across multiple channels (including social media and email). However even with seemingly constant advancements in online communications and collaborationtechnology, nothing has yet to fully supplant the telephone. Maintaining the capability to talk directly to customers in real time while gathering valuable marketing and business intelligence (BI) is still best done via voice. So, having a functional and feature-filled telephone system fully integrated into your sales and marketing strategies is hugely important for any size business. But even with this realization, you have a multitude of choices. Larger businesses need to select between on-premises Private Branch Exchange (PBX) hardware and hosted solutions, weighing their potential benefits (i.e., advanced functionality and total customizability) against associated costs. Small to midsize businesses (SMBs) need to make that same choice, but also weigh their current needs and budget against what they expect those needs to become in the future as telephony technology continues to evolve and integrate with other types of software, especially cloud services. For many, the cost of a traditional PBX system may not only be beyond the reach of their current operating budget but may also not make much long-term sense. Furthermore, when you’re starting or running a small business, you need to be devoting the majority of your time and efforts into your core business in order to succeed. Wasting time on purchasing, implementing, and managing infrastructure can be extremely costly, both in capital outlay and time removed from building the business. Traditionally, small businesses would rely on a local telco for basic business phone needs, using something like a CENTREX system. But today, those systems have become antiquated and do not mesh well with the needs of a modern business—especially for emerging trends such as integrating mobile phones, enterprise social networking, texting, leveraging call center and call queuing software, or dozens of other features that can streamline processes, promote collaboration, and accelerate growth. Fortunately, there are many more options available today in hosted PBX solutions that bring the features and reliability of an enterprise-level PBX to SMBs. In order to provide a guide to these solutions, we’ve pulled together four of the leading hosted PBX solutions representing a range of features and types: Citrix Grasshopper, Fonality Hosted PBX, Microsoft Skype for Business Online, and RingCentral Office. We also attempted to include VoIP solution provider Nextiva in this roundup, but oddly, the company didn’t respond to any of several attempts at contact, which was more than a little puzzling for a company that ostensibly specializes in business communications. Modern Features of Business Phone Systems The four VoIP solutions we did test cover a wide range of features and options. Some, such as Fonality Hosted PBX and RingCentral Office, are geared towards larger businesses, and offer high-end enterprise features, but they offer rates that fit into SMB budgets. Others, such as Citrix Grasshopper, are very much geared towards the smaller end of the SMB market and provide the basics of a modern phone system—without the need for any on-premises equipment or even fixed phone lines and, though limited in features, are extremely cost-effective. On the higher end of this space, hosted PBX providers such as RingCentral Office and Fonality Hosted PBX will generally require some on-premises hardware such as specific desk and cordless VoIP phones preconfigured to work with the hosted PBX service. These phones connect to the provider over the Internet and function exactly as you would imagine a business phone should, but the phone system running those phones is located in the cloud rather than the telco closet in the basement. Self-service management and configuration of these systems generally occurs through a Web-based portal, and features such as Interactive Voice Response (IVR) systems, call queuing, hold music or audio, extension assignments, and similar business capabilities are all managed there. In some cases, providers will offer on-premises Public Switched Telephone Network (PSTN) connectivity through hardware that is connected to analog or digital phone lines from the local telco and connected to the business network. This allows a business to continue to use local phone lines with their hosted PBX solution and may be of significant benefit to businesses that have a requirement to maintain local wired lines. Furthermore, most (if not all) providers also offer smartphone integration with custom apps that extend the phone system beyond the office. This integration allows users to transfer calls to and from their mobile phone, place and receive calls from their personal phone (that appear to be coming from the business), and interact with colleagues and customers via voice and text. The Right Internet Connection Most of these VoIP solutions will require stable and consistent Internet connectivity at every location where the wired phones are to be used. In many cases, standard business-class Internet service with suitable bandwidth will suffice, though the use of Quality of Service (QoS) configuration on a business-class Internet router may be necessary to prioritize voice traffic over other Internet traffic in order to maintain good call quality. Some hosted PBX providers offer assistance with this type of configuration on existing customer hardware, assuming that hardware can support QoS configuration. Other providers will sell a specific piece of network hardware with the proper QoS configuration for the business to install that will ensure that call quality is prioritized. Either way, the quality and functionality of a hosted PBX with VoIP service will only be as good as the Internet service at the business location. If this service is not sufficient, a VoIP solution may not be possible. Some hosted PBX providers do offer dedicated circuits that can be installed to directly connect the business to the provider but those are generally quite costly. Fortunately, there are other ways to use hosted PBX solutions without requiring Internet-connected phones. Some providers, such as Citrix Grasshopper, offer a solution that doesn’t use VoIP at all. They are essentially just simple PBXes that consider existing phone lines to be extensions and route calls that way. For instance, you might have a main number that delivers callers to an IVR system and, when the caller dials an extension or selects a destination such as “Sales” or “Support,” the hosted PBX calls an existing landline or mobile number and connects the two calls. The caller is unaware that they have connected to a completely different phone number, as the system looks and functions like an in-house PBX with call forwarding, transfer, hold music, IVR, and so forth. The extensions in this case could be Plain Old Telephone System (POTS) lines, mobile phones, or even VoIP phones through a different provider; all the hosted PBX cares about is that, when a certain extension is selected, a call is placed to the phone number assigned to that extension. This sounds basic but it’s a tried-and-true technology that can make businesses of any size and budget look as if they are using enterprise-grade phone software—without the need to invest in heavy-duty PBX solutions or dedicated desktop phone hardware. Placing outbound calls with a system like this is typically done by first registering a specific phone with the provider for outbound calling, and then dialing a specific number to then place an outbound call to the desired number. This method is made far simpler by using a smartphone with the provider app to place outbound calls. Look for Extended Functionality Some hosted PBX providers, such as Fonality, also offer extended services such as call center features that can be used to design intricate and complex call routing and call management scenarios for important queues such as sales and support with extensive queue and time-to-answer service level agreement (SLA) monitoring and reporting capabilities. Some also offer voicemail transcription, fax services, and other communication integrations such as the ability to integrate a customer relationship management (CRM) application with the PBX to enable one-click outbound calling and retrieval of customer records or other information when a call comes into the system. Just about anything you can picture a business needing from a phone system can be delivered by a hosted PBX solution—and generally at a cheaper price than purchasing and maintaining your own on-premises PBX. It’s just a matter of selecting the right solution for your business. SOURCE – PCMAG

How to Trade Stocks Online – Investing Basics

Stock trading, once the sole domain of Wall Street, has become easily and affordably available to all in the last 20 years, thanks to online brokerages. Prior to online trading, people relied on the services of a stock broker, who would make buy and sell orders on the customer’s behalf. Today, individuals are able to execute buy and sell orders themselves in a fraction of a second using computerized trading services.
While buying and selling stocks — which are shares of ownership in a company — can make you a fortune, it’s just as easy to lose that money. To become a successful trader, it is crucial that you become familiar with the tools of trading, the theory behind it and the daily reports that drive market shifts.
Like all businesses, the stock market operates on a system of supply and demand. When you purchase stock, your hope is that other traders become more eager to own a share of that company over time. When the stock’s popularity increases, traders will compete to own it and bid up the sale price. In theory, a rising share price is the result of improvements in the firm’s value and potential, also known as its fundamentals. In reality, stock prices change for any number of reasons, only some of which investors are able to predict. [What is NASDAQ?]
There are two main schools of thought regarding how to choose stocks. The first, called fundamental analysis, relies on the use of a company’s financial reports and public statements to analyze the health of the business. Balance sheets, income statements, yearly and quarterly earnings, and news releases from the company are all important tools for a fundamental analysis. Fortunately, those reports are easily searchable online, as are tutorials on how to read them, such as those offered by the SEC. Market and industry trends, media publications and historical analysis also play a role.
The second school of investing is called technical analysis. Technical analysts believe that swings in stock prices follow patterns that traders can learn to detect and profit from. Technical analysis is not as widely accepted or practiced as fundamental analysis. However, many traders use a combination of the two techniques to choose stocks. Choosing a company with sound fundamentals and then occasionally trading on a technical indicator is a safer strategy that relying only on technical indicators.
Before deciding to buy or sell any stock, you should thoroughly research the company, its leadership and its competition. Sites such as Yahoo! Finance offer excellent compilations of news stories, financial statements and stock price histories (called charts) that provide insight into the company. Stock sites also display professional analysts’ ratings of a given stock, indicating whether that analyst advises a trader to buy, hold or sell a stock. Examining the records of those analysts may help you assign value to their opinions.
Before you can begin buying and selling stocks, you need to decide which online trading service you want to use. Rob Beauregard, director of public relations for Fidelity Investments, says choosing your brokerage partner carefully can directly affect your bottom line.
“The best piece of advice for an online trader is to choose your brokerage partner with open eyes,” Beauregard told Business News Daily. “Know their pricing, service, investment choices, education and research resources, and securitypractices. No one should just rely on their gut instincts or the tip from their friend or neighbor anymore. The resources easily accessible to them to generate and validate investing decisions are too valuable not to utilize.”
When you’re looking for an online broker, consider the costs of each service the brokerage provides and the level of support you will need from qualified brokers. Business News Daily’s sister site Top Ten Reviews offers an overview of a number of trading services, with ratings for their fees, research tools, mobile access and investments offered.
As a beginning trader, you may wish to start with a company that can provide personal advice for your investments. As your skills grow, you may wish to ensure that the brokerage offers tools to engage in advanced trading, including short selling and margin trading. The following are popular services known for the quality of their services and support:
  • E-Trade
  • ShareBuilder
  • Fidelity
  • Scottrade
  • TD Ameritrade
Some companies, such as ShareBuilder, also offer functions similar to banks, with ATM cards that give you access to noninvested money, or the option to invest your cash in a money market fund to earn a slightly higher return than a traditional savings account.
If you prefer to be a do-it-yourself trader, you can make use of discount online broker services. These services allow you to buy and sell not only stocks, but also options, mutual funds, exchange-traded funds, fixed income funds, bonds, certificates of deposit, retirement accounts and more. You ultimately get to make the final decision on each investment and whether or not to buy or sell, and you don’t need a large sum of money to start.
Learning to trade begins with education. Reading the news and financial websites, listening to podcasts and watching investing courses are all excellent ways to gather information. Joining a local investment club will give you the opportunity to discuss your education with more experienced traders. A list of some recommended resources is available at the end of this article.
However, reading is no substitute for experience. A zero-risk way to practice your new skills is with an online stock simulator, such as those available through Investopedia, MarketWatch and Wall Street Survivor.
Another option is to practice trading in the penny stocks market. Many companies offer stock shares valued at a penny a share, which makes it easier to practice leveraging the trends of the market and making a profit.
Online stock trading may be daunting for beginning traders, but with the right foundation and a gradual investment of funds, you can expect to see significant returns. Here are a few tips to help you make smart investment decisions.
Do not invest money you cannot afford to lose. Make intelligent decisions about what you can afford to invest, and begin slowly. Once you have realized gains from one or two stocks, you can begin to reinvest those gains — which have now become your principal — into other stocks and funds.
Diversify your investments. While stocks offer the attraction of seemingly easy money, they are unreliable sources of income. Consider investing at least a portion of your money in an electronically traded index fund, which holds many stocks. ETFs can be purchased and traded like stocks, but because they are diversified, losses in a given sector may be cancelled out by gains in another.
Don’t trade if you don’t have time to research. Stock trading should be approached as a part-time job. Like any job, your skills will suffer if they are not frequently practiced. In this case, “practice” means reading the latest news and financial reports on companies in which you are considering investing. If you do not have time to practice, consider investing in an index fund instead, or hand your investments over to a qualified professional.
Make a plan. Irrationality is the enemy of stock trading. Before buying a stock, consider what circumstances would lead you to sell it. For example, you can decide that you cannot risk more than 20 percent of your investment. Many brokerages have the ability to schedule buy and sell orders based on predefined criteria, such as a percentage drop (or increase) in your original investment. Scheduling limit orders takes the emotion out of your finances.
“Have a plan and stick with it,” Beauregard said. “Know why you are buying a particular security, how much to invest, what your expected return is, and have an exit strategy.”
Don’t buy high. Stock may be trending upward at an extreme pace, in which case you shouldn’t always jump to buy stock. Wait for opportunities to get a lower entry point.
Don’t give in to fear. Something many beginning stock traders deal with on a daily basis is the fear of losing money invested. While you may see stock values plunge for a company, don’t despair or pull your money out. Stock trading is a long-term investment and requires patience and perseverance.
Remember, reading online articles does not make you qualified to trade. Set aside six months to practice trading with real-world data before investing your money. Read the classics of investment literature. Watch or participate in a class on finance and investing on YouTube or through a massive open online course (MOOC). Further information for beginning traders can be found in the following books and articles:

Monday, November 13, 2017

BiafraNnamdi Kanu sacked as IPOB leader for 'diverting' over $30m contributed by Igbos


Biafra
Nnamdi Kanu sacked as IPOB leader for 'diverting' over $30m contributed by Igbos

Radio Biafra said Kanu has been replaced by one Mazi Ezenwachukwu Sampson Okwudili.

Radio Biafra, an international media arm of the proscribed Indigenous People of Biafra (IPOB), has announced the removal of Nnamdi Kanu as the director of the broadcast station and leader of IPOB.
The Radio was said to have disclosed this on Sunday, November 12, upon resumption of operations.

According to Daily Post, a lady presenter at the station who gave her name as Ifeoma Okorafor, said that Kanu was dismissed after "extensive and intensive consultations."

The presenter said Kanu has been replaced by one Mazi Ezenwachukwu Sampson Okwudili.

Giving reasons for Kanu's dismissal, she accused the embattled IPOB leader of "Personalisation of the Biafran struggle and derailing from the core objectives of IPOB as a grassroots movement."

Okorafor further said, "Kanu’s actions and his decisions to incite members of IPOB towards violence leading to the death of many innocent young people in Onitsha, Aba and Umuahia is totally unacceptable and grossly irresponsible.

"Kanu privately collected £14 million and another $22 million to purchase landed properties abroad in his name and that of his father, Igwe Israel Kanu, in a clear case of ‘monkey dey work baboon dey chop’.

"Kanu turned our collective struggle into a money-making enterprise for himself and his father. Thus the monies contributed by enterprising and hard-working Igbo youths across the world are being collected and converted by one man and his father while pretending to be sacrificing for the cause.

"Upon his release from detention in April 2017, one expected Kanu to drum up support for the release of his colleagues and co-detainees such as Chidiebere Onwudiwe, Benjamin Madubugwu and David Nwawuisi. These are our brothers who were arrested at the same time with him and they should not be forgotten. We hereby demand their release. Kanu, since his release, has never spoken about them or appealed for the release of these our freedom fighters. Instead, he has been going about collecting chieftaincy titles and having a messianic swagger that even allowed full-blooded Igbo men to kneel down and kiss his feet.

"Kanu threw away the original meaning of our collective struggle for personal gain and vain glorification. IPOB believes in democracy as a solid base of any modern state, the rule of law, and will always reject violence in all its ramifications."

Kanu's whereabouts has been unknown since the Nigerian army personnel allegedly invaded his home.

He is believed to have fled for fear of rearrest having breached the conditions upon which he was granted bail.