Thursday, March 29, 2012

Dude, where's my high-speed?

News: Broadband in Ikeja

"Main One Cable Company has opened a Point-of-Presence in Ikeja, Lagos, providing broadband connectivity to businesses on the mainland axis of the state...
CEO Funke Opeke said the company's prospective clients in places such as Ojota, Opebi, Allen, Ikeja, Oregun, Maryland, Ikorodu Road and Ikeja Airport can now benefit from cost-effective and reliable internet services.
The primary beneficiaries are ISPs, manufacturing companies, hotels and other hospitality outfits, media and advertising concerns, FMCGs and other enterprises in the Ikeja area and its environs...
Main One currently has a growing list of major customers in Nigeria including MTN, Etisalat, Starcomms, Swift Networks, Mobitel, Netcom, IPNX, Visafone, e-Tranzact, GT Bank, and ExxonMobil."

What I want to know: What can I do to get real internet? 
8KB/s download speeds (my Visafone modem @about 100kb/s nominal) are just not good enough.

Tuesday, March 20, 2012

I did this 18 months ago. Recommend.


The Africa Leadership Forum, supported by the Norwegian Agency for Development Cooperation, is organising a series of Legislative Internship Programme for interested young Nigerians and students in higher institutions of learning between ages 18 and 40 years, to provide them an opportunity to experience and understand Nigeria’s parliamentary structures and processes, thereby encouraging them to take up careers either as future parliamentarians or parliamentary support staff.

Immediate Objectives of the project are to:
  • Provide opportunity for young leaders to sharpen their skills in participatory democratic governance
  • Expose young Nigerians to the workings of the parliament
  • Encourage young Nigerians to consider careers either as future parliamentarians or parliamentary support staff
Programme Components
The programme is in three phases. Participants are expected to complete all three phases which are;
  • 2-day Briefing and Orientation Workshop,
  • 21-day attachment with Legislative Assemblies and
  • 2-day Debriefing and Experience Sharing Workshop.
Mode of Application
Interested applicants should forward two-page resume giving full description of themselves, residential address, profession, local government and state of origin and preferred State of Internship.
Also, applicants are expected to submit an essay of no more than 300 words in Ms Word format on “THE ROLE OF CITIZENS IN THE GROWTH OF THE NIGERIAN PARLIAMENT”.
Women are particularly encouraged to apply.
Applications should be forwarded by e-mail to:
Upon Admission
Participants will be required to cover their own travel expenses for the 2 -day Briefing/Orientation and 2- day Debriefing/Experience Sharing Workshops.
However, Africa Leadership Forum will be responsible for participant's accommodation and feeding during the two workshops and pay a stipend to cover transportation during the 21 -day attachment.
2011 Schedule of Workshop  (In your application, kindly indicate which set you will be willing to join)
 LIP 1   Briefing             May 2 - 5, 2012
            Debriefing         Aug 1 - 4, 2012
LIP 2    Briefing             July 25 - 28, 2012
            Debriefing         Oct 31 – Nov 3, 2012
2012 - Application Deadline is Friday March 30, 2012
For further Enquires: Contact, Ibraheem Sanusi, Workshop Coordinator, Tel:  08073891719 or 08033668715, EMAIL:

Monday, March 19, 2012

The big picture

In A Template for Understanding and Why Countries Succeed and Fail Economically, Ray Dalio has done some of what I hope to do someday: improve our understanding of money and in some way control it too.  He has street cred too, being up there with Dangote on the Forbes' billionaires list.
Take some time to read his thoughts here.

Thursday, March 01, 2012

Clap for the Central Bank of Nigeria

In this article, CBN is praised for sanitizing banks (since 2009 actions) and also for stabilizing exchange rates. 

The next challenge for Nigerian banks: higher-risk lending and access to low-cost funding, as “long-term success for Nigerian banks will chiefly depend on them enhancing their risk management, improving their governance, diversifying their loan portfolios, and securing their funding profiles”. 

Has lending to the real sector increased/improved? 

Previously on UpNaira