How to convert customers’ feedback into actionable business decision
Business owners are often tasked with managing countless customer requests. They should also be keenly aware that they need not allow their business plans to be driven solely by these requests.
Can Access Bank actually buy Diamond Bank? How it could happen
The banking sector was rocked by a purportedly reported that Access Bank was considering acquiring Diamond Bank Plc.
Focus on this small-cap company and its very ‘salty’ business
The small-cap company, with its authorised share capital of N300 million, is based in Lagos where it operates at the Kirikiri Lighter Terminal Phase 2.
Taxing Nigeria’s fledgling economy: between tax penetration and economic recovery (1)
Nigeria has rolled out another tax amnesty scheme. Backed by Presidential Executive Order No 8 signed on 8 October 2018, Voluntary Offshore Assets Regularization Scheme (VOARS) became the latest effort at combating money laundering and tax evasion.
The “illegal” business that thrives at Nigerian Owambes
Nigerians are hardworking people who also create time to unwind; this they do by hanging out with friends and families at joints after work.
FOCUS: Could this little-known oil service firm be the next big deal?
Many Nigerian oil companies and service firms have reported good results this year.
World Bank doing business report 2019: Nigeria records mixed fortunes
The World Bank Group (World Bank) on Wednesday, 31 October 2018, published it’s 2019 Doing Business Report (the Report). This latest report sees Nigeria ranking 146 out of 190 countries on the ease of doing business index, a drop by one place from 2018 ranking of 145.
Nigerian assets that may be taken over by China
In the past three years, Nigeria has gotten over $5 billion loan from the People’s Republic of China.
Should I invest in Treasury Bills or Commercial Papers?
Investing in the capital market, like most productive endeavors in life, presents with choices.
Daily update on Treasury Bills, Bonds, Forex, oil price and more
Daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, bonds, Forex
Social Media Influencers are kicking out PR agencies
Meet Sola, a brand manager in a multinational PR and marketing firm which has been operating in Nigeria for over 50 years.
Again, external reserves falls by $500 million in one week
CBN data reveals the nation’s external reserves fell by $500 million in the past one week.
Power generation drops, as GENCOs now operate below capacity
The total power generation in Nigeria has been moving between 3,000 megawatts and 3,500 megawatts in the last few months.
As the economy splutters, banks show how to rake billions under Buharinomics
In the wake of the Soludo led bank recapitalisation drive Nigerian banks saw their balance sheet rise to N17.3 trillion.
How to keep your customers coming back
On average, your loyal customers are worth up to 10 times as much as their first purchase.
Company Focus: Is Ekocorp Plc still making money in 2018?
Ekocorp Plc is one of the biggest private healthcare providers in Nigeria, and the only one listed on the NSE.
Why Nigeria is in deep revenue problem, despite rise in oil price
For every litre of Premium Motor Spirit (petrol) consumed in Nigeria, Akabueze confirmed that the nation spends N55 to subsidise the fuel through the Nigerian National Petroleum Corporation (NNPC)
A look at projects that may suffer after Ambode’s exit – Part 2
The stage is now set as the two main parties in Lagos state, PDP and the ruling APC.
Is the naira depreciating slowly?
The Nigerian Naira has been relatively stable in relation to the US Dollar since the CBN began to defend the currency.
Executive order 6: How FG plans to implement VOARS
The Federal Government of Nigeria (FGN), on 8 October 2018 (Effective Date), issued Executive Order 008 (Order), backing the implementation of the Voluntary Offshore Assets Regularisation Scheme (VOARS or the Scheme).
Buhari administration on track to double Nigeria’s fiscal deficit
Nigeria’s budget deficit is expected to rise to 2.59 trillion in 2019 according to the Federal Government’s Medium Term Expenditure Framework 2019 – 2021....
Market/Economic Insight: The Weekly Brief (October 15th – 19th 2018)
The performance of the Nigerian Equity Market remained bullish last week with the index (NSE ASI) up by 1.19% WTD to close at an index level of 32,841.98 and Market capitalization of N11.99trillion.
8.24 million Nigerian workers are registered in pension programs
More Nigerians are waking up to the need to save for the rainy day as indicated by the trends.
How CBN has been lagging on its own financial inclusion drive
Data suggests that CBN has been lagging in its drive to achieve 80% financial inclusion in Nigeria.
FG tightens economy, proposes N8.6tn budget in 2019
the nation is targeting a tighter fiscal plan for the economy by projecting a budget of N8.6 trillion in the next fiscal year -2019.
Foreign Reserves drop by $1.1 billion in 2 weeks, now $43 billion
the external reserves currently stands at $42.92 billion as at Tuesday, October 16,
Price of Diesel Hits second highest since September 2017
Average price paid by consumers for diesel increased to ₦211.64 in September 2018 from ₦207.98 in August 2018.
Daily update on Treasury Bills, Bonds, Forex, oil price and more
Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
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Nigeria climbs 10 places to 115th in Global Competitiveness Rankings
Nigeria has been ranked in the 115th position in the Global Competitiveness Index (GCI) 4.0 Rankings 2018, released by the World Economic Forum (WEF)
Rising Wages and Low Productivity: The Need for a Justified Minimum Wage Agreement
declaration of an indefinite strike action in response to the Government’s failure to favourably review Nigeria’s minimum wage.