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Experts proffer solutions on business operation in pandemic

Experts proffer solutions on business operation in pandemic

Global provider of consumer research, insights and analyses, Nielsen, has advised economies in rebound stage to reinstate marketing investment, adapt messaging/tone relevance to alter circumstances, and engage where audiences have migrated. According to them, for brands in rebooting economy stage, there is a need to repair relationships based on purpose and meaning, hone communication around […] Read More

Nigeria’s Fintechs project $543 million revenue growth in two

Nigeria’s Fintechs project $543 million revenue growth in two

The number of fintech companies in Africa grew at a yearly rate of 24 per cent between 2009 and 2019, fuelled mostly by Nigeria, Kenya and South Africa. This is even as is projected that Fintech revenues in Nigeria will grow from $153million in 2017 to $543million by 2022, driven by expanding payment services, the […] Read More

Nigeria has highest personnel cost in global petroleum industry

Nigeria has highest personnel cost in global petroleum industry

Stakeholders have raised concerns over the country’s production costs, noting that Nigeria has the highest personnel cost among global operators, thus making it difficult to produce oil at a profitable price of below $10/barrel. According to them, many operators in the country spend 50 per cent of their cash flow on personnel costs, thus accounting […] Read More

Rethinking what works for financing health, preventing disease outbreaks in Nigeria

Rethinking what works for financing health, preventing disease outbreaks in Nigeria

The current COVID-19 pandemic that the world is still dealing with has shown that a lot is still left to be desired when it comes to having enough funding streams to improve health systems and prevent infectious disease outbreaks. The pandemic is revealing a lot about health systems across the world including in Nigeria. It […] Read More

The opportunities in Africa’s $100 billion infrastructure deficit

The opportunities in Africa’s $100 billion infrastructure deficit

During a webinar recently organized by the American Business Council, which Nairametrics was in attendance, Secretary General, African Continental Free trade Area (AfCFTA), Wamkele Mene, explained that at the heart of the BIAT action plan is ensuring that Africa relies less on the export of primary commodities to develop markets by reconfiguring Africa as a […] Read More

Farmers find solace in CBN’s interest rate cut

Farmers find solace in CBN’s interest rate cut

To revive the Nigerian economy which has been battered by the COVID -19 outbreak and low oil price, the Central Bank of Nigeria (CBN) in its May Monetary Policy Committee (MPC) meeting slashed the country’s benchmark interest rate by 100 basis points to 12.5percent from 13.5percent, first easing since March 2019 and the largest since […] Read More

9Mobile’s hunt for growth pays off as April figures end one year decline in market share

9Mobile’s hunt for growth pays off as April figures end one year decline in market share

9Mobile is pushing the boundaries under a new leadership to attract subscribers back to its platform after going an entire year without growth in voice subscribers. April figures released in June showed that 9Mobile has broken its one year run of losses as voice subscribers rose to 12,568,088 from 12,123,185, adding 444,903 for the first […] Read More

NCC halts spectrum trading, new policy to be adopted

NCC halts spectrum trading, new policy to be adopted

The Nigerian Communications Commission on Wednesday said it has suspended the Spectrum Trading Guidelines of 2018 for the Nigerian telecommunications industry. A statement by the Director of Public Affairs of NCC, Dr Henry Nkemadu, stated that the Board of Commissioners of the regulatory agency made the decision recently after deliberating on it. He asked all […] Read More

CBN postpones intervention-loan repayment for one year

CBN postpones intervention-loan repayment for one year

The Central Bank of Nigeria has said it is giving one-year moratorium on all principal repayments for COVID-19 intervention loans through its participating Other Financial Institutions with effect from March 1, 2020. The apex bank said this in a circular signed by the Director, Financial Policy and Regulation Department, Kevin Amugo, on Wednesday. It also […] Read More

Airlines to undergo certification before flights resumption

Airlines to undergo certification before flights resumption

The Federal Government is to certify airlines and other operators in Nigeria before the resumption of flights once the country’s airspace and airports are re-opened for commercial operations. It was also gathered on Wednesday that all operators in the country’s civil aviation space were required to inform the government five days ahead before resuming operations. […] Read More

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