The year is gradually coming to an end. This period offers us that opportunity to take stock of your activities during the year and also set targets for the coming year 2019.
At Nairametrics, we have decided to provide our esteem readers a list of events and activities to relax and unwind this December.
Please note that some of these events are not free, kindly check for the Ticket prices.
The 2018 Experience Concert
Acclaimed to be the largest gospel event in Africa and probably in the world. The annual musical concert has over the years attracted top gospel artistes from around the world. The theme for this year’s edition is ‘Jesus our Peace’. It will hold today, December 7 at the popular Tafa Balewa Square Onikan, Lagos.
Simi Live in Lagos Concert
Singer and Songwriter, Simi is set to treat her numerous fans to a wonderful time this December. This is coming off her sold-out show in London. This year Simi Live in Lagos will hold on 9th December at the Balmoral Convention Centre, Federal Palace Hotel, Victorial Island.
Omo Better Concert
Popular street hip hop sensation, Small Doctor, has assembled many stars to perform at his Omo Better concert.The hip hop sensation fondly called ‘King of Mainland’ by his numerous fans was recently released by the police after been arrested for being in possession of illegal firearms. The event will hold at the 10,000 capacity Agege Stadium same hood he started from. It will hold on the Sunday December 9.
Adekunle Gold Live
It is a Tripple Gold Dates for the Urban highlife and alternative artiste, Adekunle Gold, as he has announced a three-day (December 13 – 15, 2018) live performance in December to the delight of fans at the iconic cultural centre, Terra Kulture Victoria Island Lagos.
The show will end what has indeed been a remarkable year for the singer following the release of his critically acclaimed album ‘About 30’ and a sold out Indigo Arena show in London.
The live set will provide fans with the opportunity to catch Adekunle Gold and the 79th Element Band providing professional music experience which will focus on undiluted music artistry, stage production, and showmanship.
King Coal Live in Concert
One of Nigeria’s most talented vocalists and CEO of Black Diamond, Wande Coal, has announced his first headline concert in Lagos this Christmas. The concert tagged ‘King Coal in Concert’ is sponsored by Bet9ja.
The ‘King Coal in Concert’ is scheduled to hold on Friday, 14th December 2018 at the Eko Convention Centre, Eko hotels. The ‘Turkey Nla’ and ‘So Mi So’ crooner will treat his numerous fans to a night of musical bliss.
Daystar Christmas Carol Service
This is unarguable the best Christmas carol service in Lagos. The annual carol service is organised by the Daystar Christian Centre, Oregun, Lagos. The carol service has continued to evolve by bringing new dynamics into their acts and shaping culture using contemporary songs. The carol service is scheduled for 9th December 2018 and the venue is the Church Premises, Daystar Christian Centre, Oregun, Lagos.
The Calabar International Carnival
This is the most elaborate festival in Nigeria. It is a weeklong event and the next thing to the yearly Rio de Janeiro carnival of Brazil. Calabar festival is a celebration of creativity and culture, that blends with both the traditional and modern lifestyle of the people in Cross River State.
The 2018 edition of the carnival will host more than 30 countries as well as 25 states from Nigeria. The annual event has become the melting point of Africa’s hospitality due to its diverse tourism events and sites, the green environment and the warm hospitality of the people.
The 2018 Port-Harcourt Carnival
The 2018 Rivers State cultural carnival will hold as usual in December in Port Harcourt city. The unique feature of Port Harcourt carnival is that it is a combination of the contemporary Caribbean-style carnival and cultural carnival. There is always an influx of people in the capital city of Rivers State during this unique festival that takes place in December. This year’s event will hold from 4th to 21st December 2018.
Mayor of Lagos concert
Mayorkun is set to take Lagos by storm with the second edition of his ”Mayor of Lagos” concert in Lagos. The self acclaimed “Mayor of Lagos” will be churning out hit singles like ‘CheChe’, ‘Odo Remix’, ‘Bobo’, ‘Posh’ and more this year; ending the year on a very high note with the final stop on this 3-legged Nigerian tour. The venue of the event is the Balmoral convention centre, Federal palace hotel, Victoria Island and the date is December 14, 2018.
Wizkid Live in Abuja
For Fun Lovers in the FCT, famous Nigerian hip hop artist, Wizkid is set to hold live concert at the Transcorp Hilton hotel, Abuja. The date is December 16. Also after a sold-out show at the same location last year, Wizkid is back at the prestigious Eko Convention Centre Hall for an all exclusive performance to his VIP fans and followers. The Star Boy will be performing with a full live band to an average of 5,000 exclusively VIP guests on December 19, 2018.
The Wizkid Made In Lagos concert will hold on December 23, 2018 at the Eko Atlantic City, Lagos.
Olamide Live in Concert
Multiple award winning hit maker, “Street King” and YBNL boss, Olamide is back at the Eko hotel this year for the fifth edition of his annual show, “O.L.I.C”. This year’s edition will take place on the 23rd of December at the Eko hotel & suites, Victoria Island Lagos. Last year’s edition took place at the National Stadium, Surulere, the artiste is back on the Island to give fans a whole new concert experience once again.
Flytime Music Festival 2018
Nigeria’s foremost entertainment company, Flytime Promotions, is set to bring Lagos to a standstill this December with the annual Rhythm Unplugged concert followed by an array of other events. The event is set to kick-off on December 21-23 with performances from both local and international artistes such as Davido, Bobby Brown, Bell Biv Devoe, D’banj, Tiwa Savage, Burna Boy and many more. The venue is Eko convention centre, Eko hotel & suites, Victoria Island Lagos.
Burna Boy Live
Burna has enjoyed a very successful year and Lagos fans are eager to catch him performing live. Burna Boy is back this year on Boxing Day, December 26 at the Eko convention centre, Eko hotel & suites, Victoria Island Lagos, and is ready to reward his fans with an amazing concert, performing the “Outside” album and some of his record hit releases.
Grown and Sexy concert
Lovers of R’n’B are in for a swell night on the 29th of December as veterans in the R’n’B genre here in Nigeria will be serenading guests with heart melting songs to celebrate the season of love. The Venue is the Eko convention centre, Eko hotel & suites, VI Lagos.
EFG Hermes kicks off second Virtual Investor Conference
EFG Hermes has kicked off the second edition of its Virtual Investor Conference.
Sequel to the success recorded in the first virtual conference in June, 2020, the 2nd EFG Hermes Virtual Investor Conference has been inaugurated on September 23, 2020 and set to run through to October 1, 2020, with an even greater and more diverse turnout in view.
At least 157 companies from 25 countries around the world, with more than 650 institutional investors from 240 global institutions managing assets in excess of USD 17 trillion are expected. The information is contained in a press release and seen by Nairametrics was signed by Bola Adekoya-Olukuewu (EFG, Media Executive).
Recall that earlier in June 2020, EFG Hermes hosted its first Virtual Investor Conference. The highlight of the first meeting includes; recording more than 6,500 meetings, bringing together executives from 72 companies from 14 countries with 480 institutional investors representing 160 institutions managing assets in excess of USD 15 trillion.
Commenting on the expectations of the event, the Group Chief Executive Officer of EFG Hermes Holding, Karim Awad said, “This second iteration of our highly successful Virtual Investor Conference features an even larger and more diverse group of participants as FEM markets begin to open up after being roiled by the COVID-19 crisis. With access to some of the most attractive investment opportunities across vital sectors in FEM markets, institutional investors from around the world will participate in a platform where they’ll be gaining key macroeconomic and industry insights that will shape the way forward through the unprecedented circumstances global markets are facing.”
“Having ridden out the worst of the initial economic storm, investors are looking to us for insights on the way forward for FEMs. With equity and debt flows on their way to recovery, investor appetite for the markets remains. In saying this, stimulus measures that prevented financial meltdowns at the start of the crisis could set markets up to face debt-accumulation challenges. At the same time, they’re bracing for the ever-present threat of a second wave of a virus that saw governments and central banks up spending and slashes interest rates in the face of throttled consumer demand and investment. Our aim with the Virtual Investor Conference is to provide participants with pertinent and first-hand insights from the international players moving markets and direct investment into these compelling FEM economies,” said Mohamed Ebeid, co-CEO of the Investment Bank at EFG Hermes.
About EFG Hermes
EFG Hermes has a presence in twelve countries across four continents of the world with over 35 years of successful operation. The firm started in Egypt and has grown to become a leading financial services corporation with access to emerging and frontier markets. It provides a wide range of financial services that include investment banking, asset management, securities brokerage, research, and private equity to the entire MENA region.
In 2015, EFG Hermes launched the NBFI Platform. EFG Hermes Finance, overlooks activities in the non-banking finance field through leasing, microfinance, Fintech, factoring, mortgage, insurance and e-payments. This falls in line with the Firm’s strategy to focus on two main pillars: product diversification and geographic expansion into non-MENA markets, which has seen the Firm, establish a physical presence in Pakistan, Kenya, Bangladesh, Nigeria, Vietnam, the United Kingdom, and the United States.
Scaling in Nigeria’s fashion industry is tough work – Ugo Monye
Ugo Monye takes us through his journey to becoming one of the most popular fashion brands in Nigeria.
With the large number of business names being registered with the Corporate Affairs Commission (CAC) on a monthly basis, it is easy to assume that starting and scaling a business in Nigeria is a piece of cake. In reality, however, it is a completely different story.
Even after surviving the first few years, scaling for expansion can be a hard nut to crack, particularly in an industry that is still unstructured.
Ugochukwu Monye, Founder and Creative Director, Ugo Monye Fashion Company was a guest on the Nairametrics Business Half Hour, and shared some challenges of scaling in Nigeria’s fashion industry.
He observed that one challenge entrepreneurs have to face in the industry while trying to upscale is the shortage of manpower.
“No one wants to work for anybody. People don’t want to be part of another person’s success story, because everyone feels they can as well float whatever it is you are doing. This is part of the reasons the industry lacks structure, and still not fully developed,” he noted.
Even when one employs a staff, they only work a short while before they start contemplating how to leave and replicate your business. In my line of business, the result is many small fashion businesses with few (if any) outstanding brands.
There is much room for specialization across the value chain, but people cannot specialize, “because of the absence of a structure,” Ugo added.
Discovering Ugo Monye
Ugo grew up with a mother who owned a fashion business, so he picked interest in fashion early enough. However, he did not wish to pursue this line, as the realities at the time did not present the fashion industry as a mouth-watering alternative to other well-known professional lines.
“At that time, there was no glory in being a tailor or a fine artist,” he explained.
His parents wanted him to read Fine and Applied Art in the UK, and hone his skills in Fine Arts, but he refused, opting instead for a course in Business Administration so that he could go into importation business upon graduation. Exposure and knowledge soon showed him that often, a person’s passion and calling had to cross paths.
He started coming up with creative designs and clothing ideas, drawing inspiration from the things around him in the university.
One holiday, Ugo went home and decided it was time to bring the ideas to reality. He linked up with a couple of tailors that worked with his mother, and using some of the old machines still available in the house, they brought the first Ugo Monye clothing designs to life.
At that time, the business operated with the name CIUCI (a word which he derived from the initial letters of his five siblings), later changing to Ugo Modern Design, before he decided to just stick with his name, Ugo Monye.
He continued with his designs through his university days, till the end of his one-year mandatory service – NYSC, after which he got a job with a Strategic Consulting company. It only took a short while before Ugo realized that, as much as he was earning more than some of his peers at the time, there was no sense of fulfillment in what he did. He turned in his resignation and decided to go all-in on fashion designing. He attended a fashion school to hone his skills further.
All hands on deck
The fashion industry is not an easy place to start, and anyone starting out in the space must be ready to play all the required roles. In this industry, Ugo became a designer, tailor, marketer, brand promoter, and every possible role as he strove to get things rolling.
“It is not just easy to get people to do these things, because the industry has not attained a structural level, where a person will decide right from school, that he wants to work as a designer with this company, as we see in other sectors,”
There is also the tendency for people to feel that they don’t have a serious job because they are tailors, and sometimes feel ashamed to identify as one. Things are gradually changing as people are beginning to identify with the industry, and this brings hope for more growth in the sector.
Monetizing a fashion company takes different forms, designing, clothes making, selling, and even consulting.
Ugo says that as a brand, the Ugo Monye brand is more about details, “There has to be that touch of finesse in the finishing, and in fact, we pay more attention to the parts of the clothes that people do not see. This is what stands you out from others.”
A dream still in the process
Though Ugo Monye has become a brand to be reckoned with among celebrities and notable personalities in the last decade, Ugo says that his dreams for the brand are still yet to be actualised. He sees his brand becoming a force to be reckoned with in the coming years, a brand that every fashion enthusiast would want to be identified with as the industry takes shape.
“I am not yet wowed by anything I have experienced so far. There are quite a lot of achievements I have made with the brand, but it is still not up to what I dreamed of. There’s no short cut to anywhere that is worth going to,” Ugo concluded.
We started PiggyVest to digitize ‘wooden box’ saving method – Odunayo Eweniyi, Co-Founder
Inspired by the local wooden box piggy bank, the idea for PiggyVest was birthed.
The Financial Service sector has rapidly evolved in the last decade; with several viable startups springing up with innovations, most people never thought was possible. One of the notable startups, currently redefining the FinTech industry is PiggyVest.
PiggyVest is the first online ‘savings and investment’ app in West Africa, with one mission to give everyone the power to better manage and grow their own finance.
For a company started by six young graduates, their success story is truly inspirational
Today, Nairametrics profiles one of the brains behind this ethical startup company – Odunayo Eweniyi
Born in Oyo state, the 27-year-old Odunayo spent her early years invested in reading books. She excelled with ease in all subjects at her primary and secondary schools. A feat not surprising, as she is daughter to two professor parents.
Odunayo recalls that even though she wished to study Medicine and Surgery, she did not consider herself empathetic enough to thrive in the profession. She went on to study Computer Engineering at the prestigious Covenant University, graduating top of her class in 2013.
Finding her Co-Founders
As an undergraduate, Odunayo had already taken an interest in Coding and Artificial Intelligence and expected to take further studies in it. However, this did not happen immediately, as she started with job-hunting after graduation.
“The first thing that happened to me was that I went for a job interview, and I was asked to quote a salary and I did. When the offer would come back, the salary they offered was 80% lower than what I expected, so I rejected it,” she recalled.
Subsequently, she teamed up with a couple of friends from her university days, and they came up with the idea of PushCV. Recounting the decision to team up with them, Odunayo says,
“We all were amazing engineers in school, Somto once built a miniature airplane, so I was pretty confident that a joint venture with them would produce amazing results.”
The other team members were already working on a discount card startup called Parolz, and she joined them to work on this for some months, while simultaneously still jobhunting with Oluwafemi, and Somto was working on something called CV Flash, to help people who couldn’t write CVs properly or did so with terrible English.
Odunayo became a Co-founder at CVFlash, helping to write the CVs for clients. She was also writing for TechCabal, Zikoko, and later worked as Editor of TechPoint Africa. All of the income from these jobs kept her going, and was also being channeled into getting the startup off the ground.
Soon enough, PushCV came to the forefront of their interests, when clients started requesting that they help them ‘push’ their CVs to employers. The friends decided to collapse Parolz, and concentrate their energies on the startup raving with the most attention from users.
To differentiate PushCV from others, they started pre-screening candidates, so that only the best candidates would be sent to employers. Their activities attracted attention, and by August 2014, they got their first investment from Olumide Soyombo’s Leadpath Nigeria – an office space in Yaba, and a cheque for $25,000.
How Piggybank was conceived
By the end of December 2015, the team came across a tweet from a lady, about how she had saved N365,000 by putting N1000 in a wooden piggy bank daily. They decided then, that finding a way to digitize the concept would help salary earners save towards their financial goals.
They launched Piggybank.ng on the 7th of January 2016, as a ‘savings-only’ platform, and the fully tested version was ready for public use by April 2016. Gradually, the brand grew by user-recommendations and testimonials. These free adverts were a testament to the team, that they were helping with a real need in our society.
Three years later, in April 2019, they rebranded to PiggyVest, and started offering direct investment opportunities to users, allowing them to combine ‘discipline plus flexibility to grow their savings and investments.’
Users can now use the Quarterly savings options, save towards financial targets, or lock funds away. They can also take advantage of investment opportunities on the platform. The company currently serves 350,000 users, helping them save and invest “a combine billions of Naira every month, that they would probably be tempted to badly spend.”
Not a roller-coaster experience
About her several experiences as co-founder, Odunayo said;
“The journey was full of self-doubt, and it took a toll on my self-esteem. The first thing I learnt was that I had to be adaptable, people don’t give you money then use your own. For the first two years of running the company, I had to work a side job, with the entire proceeds invested into running the start-up.”
The team was made up of six-persons at start-up, although only three people are listed as Co-Founders – Odunayo Eweniyi, Joshua Chibueze, and Somto Ifezue. Each person on the team had their specialty and strength, so it was easy to assign responsibilities. There was no accountant in the team, so they managed their finances themselves, noting that there were months, when they could not even pay themselves.
Further education, honours, and recognitions
Odunayo got certified in Full Stack Web Development (Computer Software Engineering) in 2018, as well as an online certification from the Harvard Business School. Odunayo is also CISCO certified. The Oyo-born tech founder says that she has intentions of furthering her education. According to her LinkedIn profile, she is currently undergoing a Master degree in Finance (banking) at the SOAS University of London
“I draw inspiration from my family. They believe in me so much, that it is hard for me not to believe in myself.” she said in an interview.
In 2019, Odunayo Eweniyi was named one of Forbes Africa 30 under 30 – Technology, and one of 30 Quartz Africa Innovators. In the same year, she was named SME Entrepreneur of the Year– West Africa, by The Asian Banker’s Wealth and Society, and is listed on Forbes Africa list of 20 New Wealth Creators in Africa 2019.
She sits on boards like the Advisory board of TrainFuture in Switzerland, the Gender Lens Acceleration Best Practices Initiative – a collaborative effort of Village Capital US, and the International Finance Corporation’s, Women Entrepreneurs Finance Initiative (IFC-WeFi).