DIGITAL ECONOMY AND FINANCIAL INTELLIGENCE

With the enactment of Nigeria Start-up 

Act 2022, anxious stakeholders and 

teeming unemployed persons, are

poised to activate various aspects of the

infrastructure for economic

advancement.

The pertinent component to this 

development is financial intelligence.

OnlIne streams of income, e-commerce, 

website-building, content writing, 

payment system providers etc. are 

some of the activities you legitimately 

can engage in.

ICT contribution to GDP has been on the 

increase since 2020. From statistical 

report it was 24.72% at the 1st quarter 

of 2020, 17.92% in 2021, 18.44 in the 1st 

Q of 2022.

With the youths and stakeholders 

making sufficient input into the outcome

of the Act, it's bound to be a welcome 

phenomenon.

National Digital Innovations 

Entreprenurship Council with President &

vice as Chairman and vice Chairman is 

to be established.

According to excited Minister of 

Communications and Digital Economy, 

Isa Pantami, the foundation will 

commence with take-off grant of at 

least N10 billion.

That's another boom to the benefits of 

stakeholders.

It's a new money making platform

leveraging on the power of technology

different from the traditional model.

For increasing number of non-

professionals, various opportunities 

abound to create valuable contents, but 

most of these are not monetized. 

Some have acquired the relevant skills 

and moved on. But for those who are yet

to learn the skills opportunity beckons. 

We're available to teach you how to if 

you partner with IDEA WORKSHOP. Just 

DM indicating interest.

Your progress.

Ikechukwu #corporateleaders

BLOGGER:. https://www.corporate leadersboard.blogspot.com

COLUMNIST: https://www.thenigerianvoice.com/author/iykeOzemena

https://www.linkedin.com/in/iyke-ozemena-07b53453

https://www.amazon.com/author/iykeOzemena

DIRECTORS: Duties & Enforcement http://www.amazon.com/dp/B005783S6S

MEETINGS: Dynamics and Legality - http://www.amazon.com/dp/B005MKCESY

 

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HOISTING GOOGLE ADSENSE CONTACT & SEARCH TO YOUR WEBSITE/BLOG

 One of the numerous ways of earning money online is to apply for Google Adsense to your website or blog. You need websites and or blogs where ads from Adsense can be displayed. Then begin to write and post your contents with the products and services you own or affiliated with. A few of such essays and literary contents would be considered when assessing your eligibility to get an account. Therefore, good and quality contents are important factor for application which takes several days to approve. www.google.com/adsense.

If your application is successful Google would install search engine on your sites as well as ads. Clicking on those ads on your sites by visitors to your site earns you a percentage of sum earned by Google. 

Some of the tips for earning high percentage of incomes through Adsense is choose words that attract high earnings. These words are known as adwords. This is why the rate at which you are paid differ from each other. www.mediaworks.co.uk 

 This is why the rate at which you are paid is a little higher than plain words. And Google pays via 3 ways: cost per click, cost per impression and cost per action.http://Earn6FiguresFromHome.com

Google devised adwords for its advertising programme which allows participants, usually advertisers to bid silently in an auction to advertise for keywords separately. It is after this bidding that you discover how costly certain words could be. 

Words like ‘auto insurance’ could become dearer than ‘ebooks’. Sometimes ‘video games’ ‘training video’ or key words like ‘digital’ had topped the ranking at search engine, thereby raising their values. The scope of their services includes digital images and video advertisements.http://Earn6FiguresFromHome.com
.

The latitude to write and post on your website/blog is enormous as long as you observe Google Terms and Conditions. It is usual to reel out list of donts in transactions. 

These conditions ensure discipline and sanity and guarantee elevated standard of integrity. For instance in the entire internet no website encourages the posting or display of obscene materials. 

Decency demands that where products and services are displayed, one does not tarnish the reputation of that environment by radical or immature contents. It is also against terms and conditions to compete with Google ads. 

Be creative decently to avoid confusion that may arise when you copy . The Adsense ads are organized in such a way that it can only come from Google search engine. www.journalauthors.tandf.co.uk.

The ads displayed on your sites/blogs are meant for others to click on, not by you or affiliates when you solicit their patronage to click for you. The practice of using digital or mechanical devices to promote clicking artificially on your page is prohibited. That may amount to click fraud which occurs when website/blog owners artificially increase the number of clicks on their pages. This can be annoying to advertisers who often criticize Google for allowing that to happen. www.zealmedia.co.uk.

The amount Google pays to you for the use of keywords is not for public knowledge. Google encourages that to be personal. For US residents what you earn is subject to IRS tax, otherwise known as income tax. But outsiders are subjected to withholding taxes.

A lot of money can be made through Adsense account. Some receive close to $10,000 a month. These classes of people are very rare and well exposed online websites with huge content and quality followers/audience. Traffic to such sites are usually heavy and steady, making cost per click, cost per thousand impression, as well as cost per action infinatum. www.blog.wellcome.ac.uk/2014.

When you have public service ads on y our sites/blogs it signifies that the adwords used in your sites have not been purchased and you don’t make money through public service ads. www.wsi-internetmarketing.co.uk, www.webmarketinggroup.co.uk.

Compared with other forms of ads, Banner, Graphic displays etc Adsense tops all of them because it does not obstruct contents or views. 

Adsense ads are strategically positioned and can be clicked by visitors. Quick and inexpensive, you don’t need a website to use adsense, just a blog would do and you don’t need to be a guru or expert to commence. They are just your ad agents wherein you don’t need to bargain for anything. It’s already maid.

Iyke Ozemena
Corporate Attorney/Consultant
www.corporateleadersboard.ning.com
www.facebook.com/corporateboard.corporateboad

amazon.com/iyke ozemena books
http://www.amazon.com/dp/B0075RXXLE    COMPANY SECRETARIES HANDBOOK
http://www.amazon.com/dp/B005783S6S      DIRECTORS http://www.amazon.com/dp/B005MKCESY    MEETINGS: Dynamics and Legality

CHALLENGES FACING ENTERPRISES

Businesses are established by individuals or and institutions. Most businesses were either established by government or big companies because of he capital-intensive nature of the business.  However, most of small scale enterprises are usually one-man proprietorship which ranges from local farmers to produce distributors and shop owners in the neighborhood.  Provided the individual or institution is legal and productive for financial rewards these activities can be classified as business outfit.
The next form of business ownership is of course partnership usually formed by two or more trusted individuals in order to pull their resources and capital together and take advantage of large-scale production or reduce the risk of failure tha usually attend individual entrepreneurs who need financial, material or intellectual help.
These days professional colleagues quite often take to partnership in order to pull capital and increase the chances of increased expertise and accelerate advantage of professional efficiency.
The most frequently sought type of enterprise is the limited liability company. So named because possible losses or total failure are stemmed at the capital value of the company.  It is an important legal notice to the public that business dealing with company is done with the hindsight of their capital exposure only.  This type, when it complies with Securities & Exchange Commission's requirement might go public in future.
That is not to say that the types earlier discussed are not important, but it is just the  diverse nature of the choices, every individual(s) going into business would have to consider.
Becuase of the teething problems the small scale business face I want to comment on one of them that I consider very critical and sadly has defied many government's solution.  World leaders have held summits after summits in order to solve the problem but it remains a major problem in most countries and indeed all developing economies.  It is the problem of access to capital.  Yet small and medium scale enterprise remain the catalyst of growth for many economies.
ACCESS TO CAPITAL
Banks' refusal to grant credits without collateral is based on common sense. Recovery of bad debts is not only a burden to capital, in many cases they become express way to huge losses and eventual bankruptcy.
Cumulative impact transaction of granting for instance, 90-day credit to many willing and ready SMES is also founded on the basic calculation of return on investment, generated from the cumulative effect of the transactions.
This experiment of 90-day no collateral credit can be anchored on a system of guarantee.  An applicant for 90-day credit mist have a guarantor as ancillary to the contract.  No guarantor would agree to act as such if s/he has not verified the claims of the applicant of how the credit would be paid in 90 days.
Of course needless to say that a successful transaction qualifies such applicant and guarantor to access another 90-day credit. It could even mature for revolving facility with little or no further protocols..  It is also practical  to charge the business transaction to which the facility would be used .
Perhaps non-interest banking provides an alternative mode or more radical way to present collateral hinged credit system where, in order to ensure profitability ahead of transactions banks charge interest  on the credit facility granted as well as demand collateral which stands in its stead when the debtor defaults.
Iyke Ozemena   Attorney   Corporate Consultant   Author:

COMPANY SECRETARIES' HANDBOOK (Kindle Edition)

http://www.amazon.co.uk/dp/B005783S6S

http://www.amazon.co.uk/dp/B005EFTHNC

http://www.amazon.co.uk/dp/B005FEHCDE

http://www.amazon.co.uk/dp/B005LVH7VI

http://www.amazon.co.uk/dp/B005MKCESY

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Tags: Common, Enterprises, Medium, Scale, Small, and, of, problems

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