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Don’t Let it Come as A Surprise – Why you should attend “Business Selection & Opportunities” Seminar

2,000 Visafone workers fired as MTN completes acquisition

News emerged on Wednesday that Visafone was winding down operations and had sacked more than 83 per cent of its workers as part of its acquisition by the MTN Nigeria.
Punch gathered that over 2,000 employees were disengaged with effect from January 5, 2016, and were paid three months’ salaries as severance package.
The only categories of employees said to be left were those in the personnel and transmission departments.
One of the affected workers, who spoke on condition of anonymity, told Punch that the sacking came as a surprise to many of them.
“We learnt that the management would downsize, but we were told that that would be later in 2016. It is, however, surprising that they are sending majority of us away so early in the year. Though they paid three months’ severance benefits, but should it be this way?
“Some of us have put in five to 10 years of our lives in keeping the business going, but see what we are getting now. It is well.”
A senior management employee at Visafone confirmed the sacking, but was quick to refer media enquiries to MTN because he was not authorised to speak on the deal.
When contacted, MTN Nigeria neither denied nor confirmed the deal, but said the management was already working on a statement that would be made available to journalists later in the day or today (Thursday 7th of January 2016).

“Business Selection and Opportunities” Seminar

Also read:  7 Business Ideas to Start With No Money in 2021

The year 2015 brought many scary changes to the business environment. New foreign exchange restrictions, reduced cash flow, infrastructural inadequacies and many more issues challenged the survival of individual businesses and caused the retrenchment of many workers. If you are already in a business affected by these changes the sad truth is that it might not survive in the changed environment and selecting a new business might be the only way out. If you have lost your job or retiring soon selecting and starting a new profitable business venture might just be the answer to your current or potential cash flow problems.

Don’t fall into the trap of starting a particular business just because you have seen and heardsuccess stories about the business sector or your friend, relative or colleague tells you, “It’s a fantastic business.” Customers will part with their hard-earned money only if they’re getting their money’s worth, so your product or service must offer more value compared to your competitors’ and earn enough profits for you to remain in business.

Also read:  An Entrepreneur’s Diary of Being Broke and in Debt – Pt. 2

If you do not want to select a business that will fail, get the training that provides the selection tools. Our business selection and opportunities seminar focuses on answering the essentialquestion “does the business idea make economic sense and should you proceed with it?” Thecourse also examines the growing business sectors and opportunities in the Nigerian economy and how they should be analyzed in the business selection process.

Date: Saturday, 30th January 2016 Time: 8:30 – 3pm
Venue: LCCI Conference & Exhibition Centre,10 Nurudeen Olowopopo Drive (behind MKO Gardens) Alausa, Ikeja, (behind MKO Gardens), Lagos
Investment: ₦20,000 (Covers course material, breakfast & lunch with drink)

Early bird discounts of 30% and 20% on payments made before 11th and 18th January 2016respectively.

Referral discounts of 20% for each participant you refer which means a100% entry fee refund or free attendance for referring 5 seminar participants.

Pay to: FCMB Bank, Highnet/SBP Seminar, 3336402028.

Powered by: Highnet Resources & SME Business Platform

admin | Abbey Oyetunji
admin | Abbey Oyetunji
Abbey Oyetunji is a Business Growth Strategist. An IT Mogul & Web Developer. Reach via mail: [email protected]
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