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Denloye, Rustagi Spilled All to Startups at CFA’s Startups Hangout

The much talked about June edition of the CFA’S Startups Hangout came up on Friday, June 23, 2017 and it lived up to it’s billing.
The attendee Startups really had their times worth at the event from insights given by the two distinguished and successful Entrepreneurs that spoke at the occasion, Deepankar Rustagi, Co-Founder, VConnect and Nadu Denloye, PhD, Co-Founder, Telnet and Director, CDNet Ltd/Gte.
First to speak was Deepankar Rustagi, Co-Founder, VConnect, who stated that many people talk about the challenges of SME’s, but very few people do anything about it. He said that this was one of the reasons that VConnect was started in order to be of assistance to SME’s. Deepankar went on the state that the Social Media has various channels and businesses should always know which of the channels works best to promote their business.
He reiterated that technology should be used to simplify things, reach out to ones target customers/audiences. So they can patronize.
“Technology is not difficult to implement. You don’t have to be techy to operate your Facebook or WhatsApp. We are not scared of what to do, we are only scared of what will happen”, he stated.
Deepanker gave the attendee Startups, 8 things to imbibe when building a digital strategy and these are: a) Visibility; b) Accessibility; c) Highlight your differentiation; d) Be focused; e) Understand your target market and not the entire population. (Reach out to the right people); f) Choose what channel of social media to promote and sell your products; g) Create a good and impactful Customer Service; h) Measure your results.
In closing, Deepankar offered all the attendee Startups that attended the June 2017 edition of the CFA’s Startups Hangout, free registration for listing on VConnect.
The second Speaker, Nadu Denloye, PhD, Co-Founder, Telnet and Director, CDNet Ltd/Gte, stated that, over time, the world has changed, but then, it has not really changed. ” The “What” and the “Why” of business has not changed over the years, but the “How’s” have changed”, she explained.
Dr. Denloye gave the elements of growing a business as: a) Turning an idea into a product or service; b) Turning your employees into your disciples by training and treating them well; c) Transforming a customer to a partner; d) Aligning your long-term objectives with those of your investors; e) Scaling your business upwards.
Dr. Denloye went on to state some things her team at Telnet did right as follows: a) Started small and growing the business gradually; b) Each team member knew his/her strengths and weaknesses and stuck to concentrating on his/her strength; c) Staff were developed and trained; d) The company walked its talk by saying what they can do and doing what they said; e) The company was constantly re-working itself through innovation of its products and services and forming effective partnerships; f) Breaking into other businesses with new brand names and with financial backing; g) Building transparency and culture of professionalism with customers.
One mistake she said she and her team made but, had to quickly correct at Telnet was that they kept putting in money without looking at the bottom line.
Some other strategies that Dr. Denloye advised the Startups to imbibe include: a) The fact that your personality reflects your business, hence, you are the change you want to see in your business; b) You have to seek knowledge and seek it early; c) The challenges of business are ever present, so, you have to keep on solving challenges, no matter the size or level of your business d) Build your business for succession by training a successor to effectively take over from you.
“Your mindset, the attitude you put into your business, is what makes your business what it is and not where you graduated from”, she concluded.
The June 2017 edition was sponsored by VConnect.com, DC Hub and TAMS.
TAMS also made a presentation on the services it renders in the field of Human Resources from recruitment to retirement, etc., which the Startups can patronize in running the HR department.
Kudos also to the Media Partners of the CFA’s Startups Hangout, Nigerian CommunicationsWeek, Guardian Tech and CFAtech.ng for spreading the awareness of this unique opportunity for Startups to learn and grow.
Watch out on https://startups.cfatech.ng/ for details of the July 2017 edition of the CFA’s Startups Hangout which also promises to be excited and educative to our growing Startups.
CFA is the Founder, www.CFAtech.ng & Co-producer/Presenter,Tech Trends on Channels Television
News
NIPOST to Crack Down on Criminal Courier Operators

Nigerian Postal Service (NIPOST) has vowed to clamp down on courier companies found to be aiding the trafficking of drugs and other illicit items through the country’s logistics network.
In a statement issued on by Franklin Alao, director of Corporate Communications, NIPOST expressed outrage over a recent report in some newspapers with the headline: “Nigerian courier services easily transporting hard drugs since Tinubu became president – NIPOST.”
The agency described the headline as false, misleading, and damaging to national security efforts. According to NIPOST, the article falsely attributes the claim to the postal regulator, thereby creating the impression that the agency had endorsed or confirmed such allegations.
“This is categorically FALSE,” the statement said. “At no point has NIPOST made such a statement or associated these activities with the administration of President Bola Ahmed Tinubu.”
NIPOST maintained that while it respects the role of the media in promoting accountability and transparency, the publication in question was reckless and sensational.
It warned that inaccurate reporting on sensitive national issues like drug trafficking not only misinforms the public but also undermines the collaborative work being done to sanitise the courier and logistics sector.
Restating its position, the agency said it strongly condemns the use of courier services for criminal purposes, including drug trafficking.
It reaffirmed its zero-tolerance policy toward the misuse of Nigeria’s postal infrastructure and said it remained committed to regulating the sector with integrity, transparency, and accountability.
NIPOST noted that it had embarked on a range of interventions aimed at improving surveillance and enforcement across the logistics industry.
It stated that all courier operators are currently undergoing a revalidation process and that Know-Your-Customer protocols and compliance audits are being enforced to tighten controls and prevent abuse of the system.
The postal regulator said it is also working closely with the National Drug Law Enforcement Agency, the Nigeria Police Force, the Nigerian Customs Service, and other relevant security institutions to investigate and deter the use of logistics channels for the transportation of narcotics and other contraband items.
In addition, NIPOST said it had intensified engagement with courier operators, transport unions, and logistics associations to promote sector-wide vigilance and encourage the reporting of suspicious packages.
It also revealed that a new Digital Postcode and Parcel Identification System is being deployed nationwide to enhance traceability, eliminate anonymity, and improve parcel screening from the point of dispatch to final delivery.
“The Nigerian Postal Service is fully committed to restoring the integrity of Nigeria’s courier and logistics industry,” the statement said. “Any operator found to be involved in criminal activity will face immediate regulatory sanctions, including license suspension or revocation, and be reported to appropriate authorities for prosecution.”
The agency urged members of the public to use only licensed courier companies and to report any suspicious activity either to NIPOST or relevant security agencies.
It also called on journalists and civil society groups to approach issues in the sector with accuracy, caution, and a shared sense of responsibility.
News
DICON, Saudi Firm to Produce Drones, Satellites in Nigeria

Defence Industries Corporation of Nigeria (DICON) has entered into a Memorandum of Understanding (MoU) with Homeland Protectors and Supplies Limited, a Saudi Arabia-based security company, to begin local manufacturing of drones, satellite systems, and advanced communication equipment.
The agreement, which was signed at DICON headquarters in Kaduna, will see Homeland Protectors bring in production lines and technology to Nigeria to manufacture satellite systems, laser equipment, border security drones, and sophisticated communications solutions.
Major General Babatunde Ibrahim Alaya, director general of DICON, shortly after signing the MoU, described the deal as a “major milestone” in Nigeria’s drive for defence self-sufficiency.
He said the collaboration would not only meet local demands but also position Nigeria as an exporter of security technology to other African countries.
According to him: “Today is another milestone for DICON. What Homeland Protectors is bringing on board is expertise and experience in the field of satellite, laser systems, communications, and border security drones.
The agreement we have just signed is for them to bring the production line to Nigeria and start producing here, so we can satisfy the defence industry requirements, other security agencies, and export the excess capacity to other African countries.”
He expressed profound appreciation to President Bola Ahmed Tinubu for what he called his “constant support and firm belief in DICON,” especially for signing the DICON Act 2023, which has now paved the way for international partnerships of this magnitude.
Alaya also thanked the Minister of Defence and Minister of State for Defence for their unwavering backing, stressing that their support made the joint venture possible.
Mr. Ali Hussain A. Aldayhani, managing director and chief executive officer, Homeland Protectors and Supplies, who led the Saudi delegation to Nigeria, hailed the partnership as a game-changer for Nigeria’s security architecture.
“I am in support of this amazing job today in collaboration with Homeland and DICON. This is in support of the Nigerian President and the Minister of Defence to bring security satellite communication technology to Nigeria,” he said.
He disclosed that the venture was designed not only to meet Nigeria’s internal needs but also to open up export opportunities to other markets, stressing: “We are going to have a huge joint venture and also for export outside Nigeria with regard to technology communication.”
The Homeland CEO thanked the DICON Director General for what he called “the support of the huge success in signing the Memorandum of Understanding (MoU).”
He assured that this would not be the last of such engagements, promising more frequent visits and deeper collaborations in the near future.
With this move, Nigeria joins a select group of countries on the continent working to domesticate critical security manufacturing — a step expected to save foreign exchange, create jobs, and bolster national security.
News
FG Says No Going Back to Nuclear Testing

Vice President Kashim Shettima has affirmed Nigeria’s unwavering stance against nuclear weapons testing.
He made this known during a meeting at the Presidential Villa with a delegation from the Comprehensive Nuclear-Test-Ban Treaty Organisation (CTBTO), led by Dr Robert Floyd, executive secretary.
According to Shettima, Nigeria, like many other African nations, is grappling with numerous socio-economic challenges, including widespread poverty and the adverse impacts of climate change.
He stressed that Africa’s immediate priority is to confront these existential threats, not to engage in the pursuit of nuclear weapons capability.
“The outcome of any nuclear conflict is never a win-win situation; it is always the opposite. We are fighting poverty; we are fighting a war against the relationship between the economy and ecology in sub-Saharan Africa. We have no business dabbling in anything that has to do with nuclear weapons,” he said.
The Vice President also commended CTBTO for its broader civilian contributions, such as detecting tsunamis and seismic volcanic activity, and for supporting global ecological stability.
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