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NIPOST Eyes N10Bn Revenue on Business Growth

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Mrs Tola Odeyemi, postmaster general of the federation and chief executive officer, Nigerian Postal Service (NIPOST), has said the agency plans to generate N10 billion in revenues this year.

NIPOST Eyes N10Bn Revenue on Business Growth

She said the present leadership of NIPOST has taken steps to change the narratives of the agency by ensuring that the company adds values to the activities of government and impacts positively on the lives of ordinary Nigerians.

Odeyemi said NIPOST has signed a Memorandum of Understanding (MoU) with the Small and Medium scale Enterprises (SMEDAN) to ensure that the cost of moving goods/services through NIPOST for 22 million businesses that registered with SMEDAN is reduced by 15 percent. This, she said, would boost the economy and improve productivity across all sectors of the national economy.

The postmaster general made the remarks at the opening ceremony of a three-day Strategic Management Retreat for the Management staff of NIPOST, Directors, and Postal Managers from the 36 states and the FCT. The retreat took place at DRACC Aco Estate, Lugbe, Abuja.

She said the retreat had the theme “Empower, Innovate, Shape: Nigerian Post, optimised for Excellence “noted that it was targeted at “ensuring alignments of all our day-to-day activities so that they would be in tandem with the vision and mission of the present leadership.”

“We want to explore opportunities for efficiency, and energise NIPOST base across all the 774 local government areas.  It has become necessary that we must deliver the minimum level of service that is expected from NIPOST,” she said.

Odeyemi said NIPOST would upgrade its technology architecture to improve on its mail delivery systems and build public trust and confidence in the agency, stating that complaints reaching the management on missing mails are due to human errors.

“Yes we are aware of the compliant about missing mails. We are going to upgrade our technology with end-to-end tracking system. This enables us know where things go wrong because this is a human system, so you experience some errors. But we will address the errors through improved technology, “ Odeyemi said.

The NIPOST boss said efforts have also reached advance stage for NIPOST to restart its e-commerce,  financial services, NIN enrolment and registration using its facilities in all the 774 local governments of the country.

Odeyemi said:”There is a lot of work being done with little resources that NIPOST has. One of the things I want to change is that I want to increase revenue, for revenue generation we are starting last man delivery of some government services and NIN registration. It will be available in all our locations.

“We are restarting our financial services, meaning that one can be able to do simple financial transactions, like bills payments, utilities payments, cash in cash out, at any NIPOST location.

“We are also increasing our presence in e-commerce and logistics, haulage services using all our locations for the good of Nigeria.

“Under the Renewed Hope Agenda one of the things that we have done is our partnership with SMEDAN. They have a mandate to ensure that across Nigeria, NANO, Micro small and medium enterprises function properly.

“One of the key aspects of this industry is the ability to move their goods from production to end-users or customers. This is one of the areas we want to participate in the diversification of the economy.

“ It’s to enable people to move goods at a reduced cost, and we just signed an MoU with SMEDAN and we are reducing prices by 15 % for the over 22 million businesses that register with SMEDAN.

“So we want to be the enabling platform to improve trade and commerce in the country.

“We will also have agro logistics products, we are in agrarian states where you have excess capacity for agricultural production. This we will do to help farmers move their produce to either the aggregator or to the table. It could be from the farm to the table or from farm to business.”

 


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DLM Asset Management Partners Your Study Path on “School is an Asset” Webinar

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DLM Asset Management, a subsidiary of DLM Capital Group, in collaboration with Your Study Path, is excited to announce the “School is an Asset” webinar, scheduled for September 19, 2024.

This engaging virtual event will spotlight the crucial role of education as a foundation for a prosperous future and spotlight the Child Education Plan designed to help parents secure their children’s educational opportunities.

The “School is an Asset” webinar will emphasize that education is not just a path to personal success but a significant investment with lasting benefits for individuals, families, and communities.

As the world evolves, the importance of education in fostering personal and professional growth cannot be overstated. This event aims to inspire students and parents to fully embrace and leverage their educational opportunities.

We are pleased to feature an esteemed lineup of speakers, including Egunjobi Daniel Ololade, CEO of Your Study Path; ThankGod Ojabugbe, Portfolio Manager at DLM Asset Management; Goziem Nancy Idonor, Business Development Manger at DLM Capital Group; and Gbotemi Kolowale, Digital Marketer at DLM Capital Group.

Each speaker will provide valuable insights into the significance of education and discuss the Child Education Plan designed to assist parents in financially planning for their children’s education. Attendees will also have the opportunity to engage with the experts during live Q&A sessions to receive personalized advice and answers to their questions.

The webinar will take place on September 19, 2024, from 11:00 AM (WAT). It will be hosted virtually, and free registration is available here.  Join us for the “School is an Asset” webinar and take an essential step toward securing a brighter future through education.

 


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VCON 2024: QNET Boosts Wellness Products with Cutting-Edge Technology

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QNET, a leading brand in the global direct selling industry, has disclosed significant improvements to its health and wellness products, leveraging the latest advancements in technology.

This development was announced at the ongoing V-Malaysia Conference (VCON) at the Penang Spice Convention Center, Penang in Malaysia, marking QNET’s 26th anniversary and the beginning of a new business model to foster entrepreneurship, self-reliance, personal development, and contribute to the economic growth of communities.

With 8000 people from 30+ countries in attendance, including Nigeria, the company’s representatives demonstrated how the improved health and wellness products enhance the overall health benefits and user experience, which further highlighted QNET’s commitment to innovation, well-being and genuine products and services.

According to Techeconomy.ng, QNET has integrated advanced biotechnology and nanotechnology into its nutritional supplements and personal care products which were unveiled at the conference themed: ‘Unstoppable’.

Read Also: V-Convention Underscores QNET’s Commitment to Transparency and Accountability – Biram Fall

These upgrades are designed to improve bioavailability, ensuring that essential nutrients are absorbed more effectively by the body.

Some of the improved products QNET unveiled at V-Malaysia 2024 are; EDG3 Plus, Amezcua Bio Disc 3, Amezcua Chi Pendant 4 and Amezcua E-Guard X, while its lifestyle products include the Home Pure Nova and Home Pure Zayn.

EDG3 Plus is a mixed-berry flavored powder supplement that contains amino acids that the body uses to produce glutathione. Glutathione is said to protect DNA from free radicals, fight pathogens, and pollutants.

On the other hand, the Amezcua Chi Pendant 4 is a wearable wellness device designed to balance a wearer’s energy field and promote overall health.

While Amezcua products are not intended to diagnose, treat, cure, or prevent any disease, they are designed with Amezcua’s proprietary pendant technology to maintain specific frequencies that harmonize the wearer’s biofield.

The pendant is said to, among other things, support against stress, protect from electronic pollution, promote quality sleep, and enhance productivity and creativity.

Read Also: QNET Reaffirms Commitment to Adhere to Ethical Practices, Local Laws & Regulations

The Amezcua Bio Disc 3 is a product that is said to restructure water molecules and increase energy levels.

During the demonstration session, the QNET team said Amezcua Bio Disc 3 is part of a holistic approach to pain management that also includes the Bio Light 3, which is designed to provide natural pain relief.

According to QNET, the enhanced product line will[D2] , help boost energy levels in the body thereby improving mental clarity, physical endurance and overall wellness. The company’s focus on research and development ensures that its products are not only scientifically backed but also align with modern health trends.

During a media chat, Mr. Trevor Kuna, the chief marketing officer (CMO) of QNET, said that with a local presence in 30 countries and a multilingual global support centre servicing 12+ languages across 14 hubs worldwide, QNET ensures seamless experience for its vast network of distributors and customers.

The company also boasts of six global logistics hubs and more than 50 product stockists globally, “further solidifying our international footprint”, he said.

He described Africa as an important market for QNET, He said QNET is contributing towards community development and empowerment of entrepreneurs to make extra income through direct selling on the continent.

According to Kuna, QNET’s business model does not support a ‘get-rich-quick’ mentality, rather a resilient spirit to remain ‘unstoppable’ despite challenges.

Read Also: QNET Unveils Amezcua Bio Light 3 & Bio Disc 3 for Peak Athletic Performance

He said the company will continue to partner with local authorities to weed out people who do not comply with the company’s ethical marketing policies. This, he said, will ensure only genuine Independent Representatives (IRs) of QNET get to promote QNET products to the public.

“QNET is a global direct selling company that sells products and services in areas such as health and nutrition, personal care, home and living, travel and luxury, and education. QNET’s business model aims to foster entrepreneurship, self-reliance, personal development, and contribute to the economic growth of communities”, he explained.

VCON also witnessed the unveiling of QNET’s Watch and Jewellery brand “Bernhard H. Mayer’s” Serendipity Collection, featuring jewellery made from sustainable materials and the Limited-Edition Wave Rider watch, highlighting QNET’s commitment to sustainable luxury.


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Vale Finance Unveils New Business Banking App to Empower Nigerian Businesses

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Vale Finance has launched a new business banking web app. The app is designed to provide innovative financial solutions to empower businesses to thrive amidst the current economic landscape.

According to Sola Adeyinka, Managing Director and Co-founder of Vale Finance Limited, the company has positioned itself as a key partner to Nigerian businesses by launching the new web app. He noted that Vale Finance Limited became fully operational in January 2022 and has since demonstrated its resolve to be a bank that truly pays its customers.

Natasha Atirene, Head of Strategy, Innovation, and Products, emphasized that the Vale Business Banking app is designed to address the challenges faced by Nigerian businesses, particularly the lack of accessible financing options with competitive interest rates. She highlighted that the platform offers quick and easy access to low-interest loans, enabling businesses to secure the necessary capital for growth.

Ayodele Adebayo, Business Development Lead at Vale Finance Limited, stated that the company’s mission has always been to leverage technology to bring financial freedom to businesses and individuals. He added that the launch of Vale Business Banking is a crucial step towards empowering business owners across the country.

Segun Ojo, Chief Technology Officer and Co-founder, spoke about the app’s capabilities, stating that Vale Business Banking offers seamless transaction capabilities, ensuring that every business owner can manage their finances and customer interactions efficiently. He added that the web app provides a user-friendly interface, allowing businesses to easily register and set up accounts.

Patrick Osadebe, Director of Business Banking at Vale Finance Limited, concluded by saying that the launch is a testament to the company’s commitment to supporting Nigerian businesses. He emphasized that Vale Business Banking is providing businesses with the tools they need to overcome challenges and achieve sustained growth.

The Vale Business Banking web app is now available for registered businesses, marking a new era of financial empowerment for entrepreneurs across Nigeria.


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