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2023: Ex-INEC boss, Jega joins PRP, poise to reposition party

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Former National Chairman of Independent National Electoral Commission (INEC), Professor Muhammad Attahiru Jega and other prominent Nigerians have joined forces to reposition the masses-oriented People’s Redemption Party (PRP) for more nationalistic outlook ahead of 2023 general elections.

In a statement signed by the National Publicity Secretary of PRP, Abdul Gombe, Professor Jega is to chair the SWOT analysis committee of the party.

According to the statement, the SWOT analysis committee will critically examine the strength of PRP, its weakness and the opportunities available to the party as well as threats to its existence and well-being.

It further said: “The PRP at its 62nd National Executive Committee (NEC) meeting held on June 22nd in Kaduna decided to set up three committees to review the performance of the party in the 2019 general election with a view to repositioning the party for better performance in facing new challenges of Nigerian politics.

“On the basis of a critical analysis of these, the committee made up of some of the best intellectuals in Nigeria will recommend to the party, strategies to adopt for its survival and growth.

“The three committees are The SWOT Analysis Committee, Mobilisation Committee, Finance, and Funding Committee.

“Membership of the mobilisation committee chaired by a person who has been in the PRP for 41 years is to examine and advise the party on how best to grow its membership using the best available methods bearing in mind current voters demography in Nigeria.

“Finance and funding committee whose membership has business persons will examine the current financial status of the PRP and existing funding methodologies as put in the party’s constitution and suggest how best to make the methodologies work as well as new ways of raising funds to make it a financially- stable party with a sustainable operation.”

Other persons that made up the three committees include the publisher and chairman of the Trust newspapers, Malam Kabiru A. Yusuf, Prof. Momodu Kashim Momodu, Dr. George Kwanashie, Comrade Ayo Sando, Dr. Obi Osisiogwu, and Prof. Nath Abraham.

Others are Alhaji Sule Mohammed, Alhaji Abdul Gombe, Comrade Olajideh Wolimoh, Alhaji Musa Maigari, Rev. Emmanuel Aniebet, Mr. Malu Timothy Terzungine, and Alhaji Mohammed Bulama.

The rest committee members are Alhaji Falalu Bello, Barrister Hajiya Aisha Dankani, Mr James Magit, Alhaji Haruna Buhari, Mr. Jag Mulya, Alhaji Rabi’u Garba and Alhaji Umar Chikere.

 

~CybokNews

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Gadget Reviews

Beats Solo Pro (Apple’s 1st on-ear, noise-cancelling headphones)

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Beats has finally joined the on-ear, noise-cancelling (NC) headphone fray, as these are the first from the Apple’s-owned audio brand to feature NC in this form factor.

Apple has shifted more than 30 million Solo headphones, and these are available in the usual array of natty colours one might expect from Beats. You can opt for six options comprising dark blue, light blue, red, black, ivory and grey.

The Solo Pro’s sound profile is supposedly an evolution of Beats’ Solo3 Wireless headphones, but this time with refined drivers and lower harmonic distortion. Two beam-forming mics and updated speech detection should help with voice and video calls as well as bossing about your digital assistant.

Concerning the active noise cancelling, the Solo Pros features the Pure Adaptive Noise Cancelling tech from Beats Studio3 Wireless, with an updated tuning to compensate for the on-ear form factor. This new tuning can apparently also deal with leakage caused by hairs, earrings, ear shapes and movement of ones head.

A ‘transparency’ function allows you to activate the external mics for a more natural filter on the ANC so you can better hear outside noises such as traffic or conversations. The mode button on the left ear cup switches between Pure ANC and Transparency. Other controls are housed on the right ear cup where you can answer/end calls, play/pause music, skip songs, control volume and activate voice command. Another nice touch is the Solo Pros have no power button as they are turned on when you unfold the headphones then powers down when you fold them up.

Apple’s Solo Pro is promises up to 22 hours on Pure ANC or Transparency and up to 40 hours with them turned off. Recharge times are three hours of playback with a 10-minute charge. Sadly there’s no USB-C just lightning.

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Business

Challenges of Data Management in the Financial Sector

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Over the past years, the financial sector has undergone significant
transformation, tools such as Artificial Intelligence (AI), cloud computing and robotics have greatly impacted how banks, insurance companies and technology players are delivering various financial products to customers, and data is at the heart of it all.

For organisations it is not only critical to have a data management system in place, but it is a necessity to survive in a highly competitive market. With a flood of technological advancement, the world is constantly evolving in order to keep up. Data has become an extremely valuable resource and it is important for all organisations in the financial sector to look at ways to manage this data correctly. Most organisations see data as a commodity and the last thing they want to do is lose or misuse it thereby forcing the need for increased and improved data protection policies across all platforms, cloud applications and more. At the same time, there is calls for transparency regarding how data is collected and shared which leads us to the concept of data
management.

BIG DATA

The financial sector has a lot of data at its fingertips, but the challenge of collating this data and making it work in a performant and auditable fashion is experienced. Everyday there is billions of transactions that take place and extracting valuable data from those transactions can be difficult. The biggest challenge lies in turning this vast amount of data into insightful data, although this can be time consuming, even the smallest detail can lead to a competitive advantage over competitors. Sorting through torrents of unstructured data for useful information is a substantial task which cannot be undervalued.

To survive in a highly competitive market high-quality data analytics is required. Advanced analytics paired with good data management technology can help detect threats and uncover untapped opportunities thus leading to that competitive edge organisations thirst for. Big data provides multiple challenges for financial service providers as we have seen but, it also provides timely opportunities such as valuable business insights. It is important to find the right data platform to allow for that.

INCREASED PRESSURE

The financial sector is accumulating data at an alarming rate which inevitably puts strain on the system. This has increased pressure on organisations to have a reliable data management system in place. As time passes, an organisations system will accumulate more data and thus more pressure. Having a functioning data management system is essential to eliminate the potential risk of downtime. Data management is a good way to counter act this problem but there are still other forces putting pressure on the financial sector; such as instantaneous responses, personal customer service and constant regulatory changes.

Many believed that digital technology such as AI and machine learning would help simplify the increased pressure, but we are still far from reaping those benefits. As there is no new technology better placed to replace a well-run data- management platform, the options can be quite limited. One of those leading options is enterprise data management (EDM), it can centralise and organise data while making it accessible and useable. Implementing an intelligent EDM is a necessary component when handling increased pressure for any business.

CYBER SECURITY

Like other sectors, the financial sector is increasingly reliant on data and new technological developments which means there is a necessity to limit the dangers of cyber threats. The financial sector views cyber security as a top priority due to the countless problems it can cause. Time to time we see more and more data breaches involving financial service firms, so it is of paramount importance to incorporate innovative solutions to limit the damages caused by a breach.

The financial sector has leaned heavily on Blockchain technology as it is deemed to be the next top end solution, An incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.

It is quite difficult to tamper with data stored on Blockchain, but it is also difficult to ensure the data stored has integrity. Enterprise data management can accurately and safely transfer data, but it is not “one size fits all” as every organisation has different needs. Organisations in the financial sector should prioritize this particularly as they deal with data privacy. Data management is an integral part to any organisation as data is an extremely valuable resource and the importance of data management to the financial sector cannot be underestimated. Any organisation with an accessible and secure data management platform in place is in prime position to take advantage of an increasingly open landscape.

Slowly but surely data analytics solutions are emerging which organisations need to take advantage of and data management is a fundamental part of this process. The digital landscape has changed but expectation with employees, partners and customers has not. The financial sector is in a strong place as is reflective in the continued popularity of business and finance-related third-level courses. One thing is clear, the modern financial sector is and will continue to be powered by data.

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