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Former Lagos East Senatorial District candidate of Peoples Democratic Party (PDP), Princess Abiodun Oyefusi, has reacted with disappointment over the just-concluded zonal congress of the party that took place on 12 April 2021 in Osogbo, the Osun State capital. She frowned at a process that failed to give adequate attention to women participation, despite the…
The decision by Twitter to take her African head office to Ghana has continued to generate huge bickering, especially among those who feel all key investments in Africa must come to the continent’s largest economy. Indeed, Nigeria has attracted several mega-companies across the globe, which have boosted her Foreign Direct Investment (FDI) in the last…
The online trend of getting loans as quickly as within 24 hours or less is becoming quite popular. This is as more local and foreign players joined the queue in the last one year. Although online lending platforms help in creating liquidity for employees and owners of Small and Medium Scale Enterprises (SMEs), they are…
Competition is not strange in business. The spirit of competition has that unique capacity to engender more efficient production processes or create a pathway for the invention of new or better products. It provides an avenue to help businesses identify consumers’ needs—and then develop new products or services to meet them. In the Nigerian business…
The International Monetary Fund plays a significant role in moulding economic policies of the world, including Nigeria. Accordingly, the IMF (Nigeria) Staff Country Reports gives kudos to the government in areas they reason are commendable, while offering options to areas they believe can have damaging effects on the economy. Recently, the agency released a report…
Despite the claim in some quarters that Nigeria is not an easy place to start a business, there are still famous entrepreneurs who are doing very well. These individuals are either the pioneers in what they do or are doing something different from other people in the same industry. Dr. Cletus Ibeto and Ambrose Chukwuemeka…
Successful entrepreneurs are those who can pick existing elements and mould them into bigger and better things that would be celebrated by society. They can also develop products and services or even scale up existing ones to solve unique problems that will change the business face of the organization, thereby creating revolutionary business growth. Pascal…
The lack of financial autonomy for the legislative and judicial arms of government has been a long-standing issue in Nigeria. To effectively achieve the purpose of separation of powers as well as checks and balances in the polity, financial autonomy for every arm of government is key. The speakers of state assemblies, at the end…
The Federal Government introduced a clause in Nigeria’s Finance Bill for 2021 that cut down import duties on foreign vehicles from 35% to 5%. The 5% import policy met with strong concerns especially from investors and proponents of locally produced vehicles. As Chidi Ajaere, CEO of GIG Group, parent of GIG Mobility and GIG Logistics…
The recent face-off between Nigerian Banks and Telecommunication Companies on the use of the Unstructured Supplementary Service Data (USSD) is a pointer that regulators on both financial and telecom sectors have a lot of work to do. The face-off which lasted for almost three days was a great setback to the quest to achieve the…