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Team Galactic Emerges Champion at CIMA Business Competition

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Team Galactic from the Obafemi Awolowo University (OAU), Ile-Ife has emerged winner of the maiden edition of the Chartered Institute of Management Accountants (CIMA) 2015 Global Business Challenge (GBC) in Lagos at the weekend.

The team emerged winner after two rounds of the competition judged by CIMA assessors and some of Nigeria’s top business leaders.‎

The GBC is an international competition designed to test teamwork, business analysis and presentation skills in potential young business leaders as they compete against the best and brightest from universities around the world.

Team Galactic comprised of Miss Bolanle Oduntan, Miss Bamigboye Grace, Mr. Samuel Anjorin and Mr. Agbelese Mayowa.

FUTOITES Business Team from Federal University of Owerri came second and Team N-Ergy from OAU was third.

Dream Team from the University of Ilorin rounded off the teams that participated in the national final.

The teams were shortlisted by CIMA Assessors from a pool of 95 teams from 17 universities that submitted entries for the competition.‎

For emerging tops in Nigeria, Team Galactic got an all-expenses paid trip to participate at the global final, cash prize of N300,000 (three hundred thousand Naira), management books for their university and full membership of the CIMA undergraduate club.

After an evaluation of video and PowerPoint presentations by the four teams and a question and answer session, Team Galactic was adjudged the first among equals by a panel of judges comprising of business leaders and board room gurus namely Sir Demola Aladekomo, chairman, SmartCity Resorts Plc; Mr. Laoye Jaiyeola, director general, Nigerian Economic Summit Group; and Mr. Seni Adetu, immediate past MD/CEO, Guinness Nigeria Plc.

Other members of the panel of judges were Ms. Megha Joshi, CEO, Lagos Court of Arbitration and Ms. Anita Dele-Dickson, Head of Relationship Management, Stanbic IBTC Pension Managers Limited (SIPML).

Announcing the competition results on behalf of the panel of judges, Sir Demola Aladekomo, commended CIMA for creating the Global Business Challenge as a platform for future leaders to showcase their talents, and for extending the competition to Nigerian undergraduates.

He lauded the solutions presented by the various teams, describing the four teams that made it to the national final as winners in their own right for being the best of the 95 teams that submitted entries for the competition.‎

According to Aladekomo, “The national final was very competitive with the different teams demonstrating good understanding of the case study as reflected in the solutions they proffered to the Oil and Gas business case study provided by CIMA.

The panel of judges was impressed with the team work, in-depth analysis, appreciation of strategic issues and the business savvy showcased by the undergraduate students that make up the teams during their presentations.‎

“I would like to commend Team Galactic from the Obafemi Awolowo University on their outstanding performance and on becoming Nigeria’s first CIMA GBC national champions. Team Galactic really stood out for the judges because of their consistent outstanding performance across all points of evaluation.

“The first runner up, the FUTOITES Business Team and second runner up, N-Ergy Team, also demonstrated good understanding of the case study but were no match for the exceptional Team Galactic which can hold its own against any of the other 25 teams from across the world that will be competing at the global final.”

Ms. Ijeoma Anadozie, country manager, CIMA Nigeria, who announced the prizes, said “The competition has been a phenomenal success and Team Galactic should be truly proud on making it through to the global final.”

According to Ms. Anadozie, “The national champion, Team Galactic gets a cash prize of NGN300,000 (Three hundred thousand Naira only), management books for their university, and an all expenses paid trip to Warsaw – Poland to compete for the title of global champion against 25 other teams from across the world. First runner up, FUTOITES Business Teams gets a cash prize of NGN200,000 (two hundred thousand Naira) and management books for their university. Team N-Ergy, the second runner-up, as well as the Dream Team get cash prizes of NGN100,000 (one hundred thousand Naira) respectively. All our finalists are indeed winners.

“I would like to thank our esteemed panel of judges, sponsors and partners, Stanbic IBTC Pension Managers Limited, Lagos Court of Arbitration, Guinness Nigeria Plc, Nigerian Breweries Plc and Kiishi-Lagos Limited for their support; and of course the multitude undergraduate students from across the country who attended the national finals to cheer their favourite teams thereby ensuring we have a truly successful national final”.

This will be the first time that Nigerian undergraduates will participate in the prestigious annual global business competition.

The Nigerian final was co-sponsored by CIMA and SIPML, and was supported by Guinness Nigeria Plc, Lagos Court of Arbitration, Nigerian Breweries Plc and Kiishi-Lagos Limited.

‎The Global Business Challenge was designed by CIMA to bring out the best in young future business leaders and emphasizes on CIMA’s vision of developing and nurturing young talent around the world.

GBC helps undergraduate students to foster better interpersonal and communications skills, by working together as a four-member team to present a business case study.


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UK Pledges €1Bn to Fight against Malaria in Nigeria

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The UK has pledged £1 billion to Nigeria’s fight against malaria and other diseases from 2024 to 2026.

UK Pledges €1Bn to Fight against Malaria in Nigeria

Ebere Anyachukwu, health adviser at the British High Commission, announced this on World Malaria Day in an interview with NAN.

This contribution supplements existing funds from other donors and will primarily support the procurement of insecticides, treated bed nets, malaria diagnostics, and chemoprevention efforts.

“There are some states in Nigeria where malaria is seasonal. Those are states where chemoprevention is used to prevent children from coming down with malaria,“ he said.

“In those states, malaria spreads in a few months within a year, and during that period, there is a high level of malaria transmission in children, resulting in lots of deaths.”

The health adviser said children in such states are usually given malaria drugs, whether or not they have the infection.

He said the UK is a big contributor to the global fund, currently supporting about 13 states in Nigeria.

He listed the states to include Adamawa, Delta, Gombe, Jigawa, Kaduna, Kano, Katsina, Kwara, Niger, Ogun, Osun, Yobe and Taraba.

“With the global funding support, there has been a significant reduction of malaria-related deaths in children in Nigeria,“ Anyachukwu said.


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60 Hearty Cheers to Chioma Ekeh, Africa’s Leading Unusual Female Tech

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The story has often been told in tech circles of how a relatively unknown Nigerian female student became a sensation of sorts among the international student population back in the early 80s in India owing to the unusual course of study she was undertaking.

60 Hearty Cheers to Chioma Ekeh, Africa’s Leading Unusual Female Tech

Chioma Ekeh

Electing to study Mathematics at Bachelor’s degree level – a course that required not only battling differential equations, calculus, advanced algebra, and so on, but also pitting one’s wits against that of wizened professors – is not a task for the faint-hearted. But that was the path that this unusual lady took at Punjab University, located in the culturally rich and aesthetically pleasing city of Chandigarh, India.

It was a decision that would lead Chioma Ekeh (nee Emelonye) along the path of meeting the love of her life, a certain Leo Stan Ekeh and returning to Nigeria with him to play a leading role in shaping the course of technology distribution in Africa.

Undoubtedly, unusual may also be a word that defines Chioma and Leo Stan Ekeh’s remarkable journey together. A power couple and exemplary partners who have worked together for over 30 years building a successful technology empire is a rarity, one that is not often seen.

That sojourn to India and her subsequent career trajectory laid the groundwork for the impressive reputation Chioma Ekeh has built in the highly competitive technology space. Business associates and representatives of global brands never fail to cite her intellect and brainpower.

Job seekers who cross her path during interviews often recall being asked to solve a simple arithmetic problem. For those who eventually become employees, there is never-ending adulation.

Her husband, Leo Stan Ekeh, describes her as the integral analytics, the backbone behind the brilliant success of the Zinox Group where she has continued to support all the businesses across the board.

Such is the cerebral aptitude of this unusual woman that she is reported to have taken the stage once at a company-wide business review to present a financial report punctuated by humongous accurate numbers, figures and percentages, all from memory and without recourse to any notes, a device or an actual presentation document.

Born on April 25, 1964, the story of the impressive diffusion, accessibility, useability and affordability of cutting-edge technology devices and solutions in Nigeria and indeed, sub-Saharan Africa will be grossly incomplete without a detailed citation on Chioma Ekeh and the leadership role she has played – one she has continued to play as a silent innovator and disruptor–alongside her legendary spouse.

A Fellow of the Chartered Institute of Certified Accountants (FCCA, UK), Mrs. Chioma Ekeh is the brains behind TD Africa, a regional technology distribution powerhouse headquartered in Nigeria and with branches across Africa and in four other continents.

A company she led from start-up stage, TD Africa with Chioma Ekeh as CEO, pioneered ICT distribution in Sub-Saharan Africa and has remained the industry leader by market share in the region and the biggest provider of credit to resellers.

Founded in 1999, TD Africa is Africa’s leading distributor of technology and lifestyle products, boasting an unmatched and growing network of partnership with global brands like HP, Microsoft, Apple, Starlink, IBM, Dell Technologies, Ring (by Amazon), Cisco, Lenovo, APC by Schneider Electric, Samsung, Bosch, Phillips, Logitech, Vivo, among several others. Under Chioma’s exemplary leadership, the company has achieved numerous milestones, earned a long list of local and international awards/accolades and ensured Nigeria and indeed Africa is reckoned with at the global table of technology conversations and discussion-making.

However, this remarkable story may have turned out differently, had Chioma not returned to Nigeria under the guidance of her husband.

Armed with a formidable Mathematics degree after completing her studies in India, Chioma had the world at her feet and was the toast of leading companies the world over.

Moving to the United Kingdom at the invitation of her husband, Chioma joined the exalted league of Chartered Accountants and thereafter, bagged an MBA at the reputable Heriot Watts University.In 1987, she joined Sterling Deveraux as an Investment Analyst, engaging in researchand analyzing assets, such as stocks, bonds, currenciesand commodities.

Her acumen and exceptional skills were growing in demand and before long, she left Sterling Deveraux, joining the London Borough of Lewisham as an accountant in 1988.

Between 1988 and 1991, Chioma’s sterling work saw her rise swiftly through the ranks at the London Borough of Lewisham, moving from Accountant to Senior Auditor and then to Financial Auditor.

Certainly, Chioma Ekeh had a clear path to becoming CFO and possibly CEO at the London Borough of Lewisham or even going on immediately to taking up other elevated roles at other organizations. But the love of motherland and the call of her husband – Leo Stan Ekeh – to return home to Nigeria with him and build a technology legacy for Nigeria and Africa proved too strong.

Back home, Chioma Ekeh’s initial area of responsibility was with Task Systems Ltd., the first of many companies in the Zinox Group set up by Leo Stan Ekeh.

She took up the position of Financial Controller and spent six achievement-filled years at Task before driving the vision of technology distribution birthed by her husband in launching TD Africa where she became the company’s pioneer CEO.

A quiet, unassuming tech icon, Chioma Ekeh has acquired a well-deserved status as unarguably one of Nigeria’s top three leading Women-in-Tech, a female technology business leader with extensive years of proven capacity in building high-performing teams and transforming businesses beyond stakeholders’ expectations.

In partnership with her husband, Chioma Ekeh has played immense roles in growing and nurturing partner businesses, launching several thriving new businesses and successfully closing some of the biggest acquisitions in the technology space in Nigeria.

The Tech Experience Centre – Africa’s first technology experience centre – located at Yudala Heights, a sprawling edifice in the heart of Victoria Island – is another project that has Chioma Ekeh’s indelible signature on it.

The launch of the Tech Experience Centre in October 2020 received high praise from the Nigerian government and representatives of global Original Equipment Manufacturers (OEMs).

Under her guidance, Celebrating You, an annual showpiece celebratory event hosted by TD Africa has become unarguably the biggest year-end event in the Nigerian technology industry for over a decade.

Also, she has spearheaded several CSR projects, including The Herwakening – an empowerment programme for female entrepreneurs– and Girls in ICT – a project targeted at encouraging young girls to take up STEM (Science, Technology, Engineering, Mathematics) disciplines and considering careers in technology.

As she turns 60, Chioma Ekeh deserves rarefied mention and unmitigated encomiums. An amazon, this unusual female tech icon who has shattered several glass ceilings, knows no fatigue and has continued to innovate, effortlessly leading from the front.

 

 


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Academic Technologists Propose N350,000 Minimum Wage

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National Association of Academic Technologists (NAAT), has proposed N350,000 as the new minimum wage for Technologists in the tertiary institutions.

Academic Technologists Propose N350,000 Minimum Wage

Comrade Ibeji Nwokoma, national pesident of NAAT, stated this at 5th National Delegate Conference in University of Abuja.

Nwokoma, said the proposal was based on the present economic situation in the country occasioned by the removal of fuel subsidy, high inflationary rate and the attendant hardship.

Nwokoma maintained that technology rule the world and advanced development and shaping the landscape of education in developed countries.

Prof. Tahir Mamman, minister of Education, said the federal government will soon introduce the policy that will make skill acquisition compulsory for primary and secondary schools.

The minister said global space is driven by technology which the advanced world is using to solve problems and gaining grounds.

The Union protect, defend, and promote the rights and well being and interests of all members and to advance the cause of members, employed in Nigerian Tertiary Institutions Universities, Polytechnics, and Colleges of Education.

The theme of the conference is, “Technology, a recipe for national development and socioeconomic growth in the 21st century: the Nigeria quest for a better tomorrow.”

 

 


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