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EXPLAINER: What Figma’s Acquisition By Adobe Means For Users

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EXPLAINER: What Figma’s Acquisition By Adobe Means For Users

Tech giant Adobe has concluded the purchase of Figma in a $20 billion deal.

In a blog post in which the disclosure of this deal was made, it was disclosed therein that the $20 billion deal comprised of approximately half cash and half stock, and is expected to close next year (2023).

Adobe is deeply committed to keeping Figma operating autonomously,” Figma co-founder and Chief Executive Officer (CEO) Dylan Field, in the blog post, wrote, adding that he will collaborate with the President of Adobe Digital Media Business, David Wadhwani, on how to continue growing Figma’s business. “The entire Figma team will report to me. We plan to continue to run Figma the way we have always run Figma — continuing to do what we believe is best for our community, our culture, and our business.”

“This is a big change, especially for a platform you rely on every day,” Field added.

Understanding Figma and Adobe

Newsrand understands that while Adobe is a behemoth in the creative industry, Figma, in the past decade pioneered product design on the web. So far, the latter has been able to amasse millions of users.

What Figma users should expect?

  • While we are still in the early days of the acquisition, it has been confirmed that Figma users would start to experience some changes. Although, not negatively.
  • To the excitement of Figma users, who avoid Adobe pricing, this acquisition will not see the firm introduce a new pricing model.
  • Amongst other things, this acquisition will see the company improve the platform by incorporating Adobe’s areas of expertise, including imaging, photography, illustration, video, 3D, and font technology. 
  • As Figma continues to expand into new areas over time while simultaneously improving products like Figma Design, FigJam, and the Figma community platform, this deal will see its users grow into new communities that bring designers and developers closer together to unlock the future of collaborative design.

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Features

Chevening Scholarships: Here’s How You Can Apply

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Chevening Scholarships: Here's How You Can Apply

Chevening Scholarships have been making news headlines in Nigeria amid the prolonged Academic Staff Union of Universities (ASUU) strike.

The Federal Government through the Deputy Executive Secretary of the National Universities Commission (NUC), Chris Maiyak, had advised Vice-Chancellors of tertiary institutions across the country to circulate information about the scholarship in their respective schools.

“The National Universities Commission is in receipt of the letter from the Ministry of Foreign Affairs, Ref. TSW/BRI/V/T and dated 12 August 2022, with the attached Call Letter from the British High Commission Abuja, dated 3rd August 2022, on the above subject.

Consequently, I write to forward the Call Letter to Vice-Chancellors for urgent attention and wide circulation in your various universities,” the letter read.

What Chevening Scholarships offer

The scholarships are sponsored by the Foreign, Commonwealth and Development Office and partner organisations. And it offers people across the globe, including Nigeria, the opportunity to study in the United Kingdom (UK) for one year on a fully funded master’s degree course.

While successful Chevening candidates come from a diverse range of countries and backgrounds, they are all privileged to the numerous benefits of the programme.

Parts of the benefits include -fully funded tuition fees, access to some of the best quality education in the world, exclusive networking opportunities, and the chance to explore the UK’s diverse culture.

How to apply for Chevening Scholarships

To explore this opportunity, you are advised to apply via the programme’s portal (www.chevening.org/apply).

After logging in to the portal, one would be required to submit some documents, then awaits feedback.

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Economy

EXPLAINER: How To Use USSD Code For ENaira

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EXPLAINER: How To Use USSD Code For ENaira

Governor Godwin Emefiele of the Central Bank of Nigeria (CBN), on Thursday, August 18, 2022, introduced the Unstructured Supplementary Service Data (USSD) code for its digital currency, eNaira.

Newsrand recalls that President Muhammadu Buhari, in October 2021, launched eNaira as Africa’s first Central Bank Digital Currency. However, while the first phase of the launch was focused on banked users, the second phase borders on financial inclusion.

Talking about eNaira, Emefiele stated that “as captured in the design paper released, eNaira is a journey, not a one-time event. This hackathon event is a continuation of that journey and the first among many to come given that the future of central banking is inextricably bound in innovation.

“We don’t have a choice but to live with the fact that we are now in a digital economy. In a digital space where the use of cash will dissipate to almost zero and the use of digital currency will increase and will now become part of our lives.

“The second phase of the project has begun and is intended to drive financial inclusion by onboarding the unbanked and the underserved users leveraging offline channels. Hence greater success is envisioned for the project with phase two expected to deliver more gains with the target of eight million users based on estimation using the diffusion of innovation model.”

Tips to use USSD code for eNaira

First, it is important to note that the USSD code is usually programmed into Subscriber Identification Module (SIM) cards or cell phones to transact easily and faster.

But to use the USSD code for eNaira, dial *997# on your mobile phone and follow the instruction.

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Features

These 9 Tips Will Help You Settle When You Arrive UK

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These 9 Tips Will Help You Settle When You Arrive UK

It is no longer news that the United Kingdom (UK) is a choice of destination for many Nigerians seeking greener pastures. With the majority of them entering the country through the students’ visa route, the Island nation unarguably top the list of the most popular destination for oversea students.

However, while many Nigerians, particularly students are making conscious efforts to find themselves in the UK, they struggle to settle, as they battle different challenges, including cultural shock, and requirements to enable your ease of life.

Find below the tips you need to settle in the UK as a student

1. Get your BRP (biometric residence permit). If you are a student, you can get this from your school or post office.

2. Get your Student ID card. This is important to enjoy all the school benefits. Also, attend school registration and all freshers’ week activities. It really helps.

3. Open a bank account. Letter from school helps here but the old generation banks like Natwest and Barclays may need proof of address, so you may find it easier to open the new generation banks like Starling, Monzo and Revolut with your BRP, then you can open the old ones later.

4. Register for National Insurance Number. The Govt use this unique NI number to record your employment and tax. Some people will have their NI number on their BRP card. If you don’t, apply here.

5. Register with your local GP. You have already paid the health surcharge, so register with your local GP so you can enjoy all the health benefits. If you are a particular age, there are some tests they will do for you too https://nhs.uk/service-search/find-a-gp/

6. Get a Provisional Drivers License. A provisional license is a good means to show proof of address, particularly if you have not opened a bank account. It is also needed for you to take driving lessons before you go for your full driving test. There is a fee to get your provisional license. You can do it online or Post Office https://gov.uk/apply-first-provisional-driving-licence…

7. Register to vote. As a commonwealth citizen, you are allowed to vote in the UK. It also helps with credit score building.

8. Local Library. There are local libraries around you where you can loan books and get free internet. https://gov.uk/local-library-services…

9. If you live in London, Register for your Oystercard. You get a discount as a student. https://tfl.gov.uk/fares/free-and-discounted-travel/18-plus-student-oyster-photocard

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