Employees who use social media for work are more engaged, but more likely to leave their jobs
Businessam StaffMay 18, 2018
Social media can be a powerful communication tool for employees, helping them to collaborate, share ideas and solve problems. Research has shown that 82 percent of employees think that social media can improve work relationships and 60% believe social media support decision-making processes. These beliefs contribute to a majority of workers connecting with colleagues on social media, even during work […]
Digitization of money and finance: Challenges and opportunities
Businessam StaffMay 10, 2018
Speech for Atlanta Federal Reserve Bank Conference by Tao Zhang IMF Deputy Managing Director Introduction I would like to express my appreciation to the Federal Reserve Bank of Atlanta for the invitation to speak on the issues facing central banks and regulatory authorities in this era of technological advances in the field of finance. The global […]
Dangote Group: A vote for boardroom gender empowerment
Phillip IsakpaMay 7, 2018
Any news emanation from the Dangote Group, which houses Nigeria’s most capitalised company on the Nigerian Stock Exchange, Dangote Cement Plc, is always one to be received with keen interest. After all, it is the company controlled by Africa’s richest man, Aliko Dangote. So, what’s it about Dangote, boardroom, and gender? Take a little ground […]
Buhari and Trump: A chance to reset Nigeria’s relationship with the US
Businessam StaffApril 29, 2018
By David E Kiwuwa Nigerian President Muhammadu Buhari is scheduled to meet Donald Trump in Washington. Michael Reynolds/EPA Nigerian President Muhammadu Buhari is scheduled to meet US President Donald Trump next week. His visit comes less than four months since Trump made the comment about “shithole” countries in Africa. Trump’s comments were followed by a […]
What Buhari and Trump stand to gain from state visit
Businessam StaffApril 29, 2018
By Stephen Onyeiwu Nigerian President Muhammadu Buhari’s visit to the Obama White House three years ago was ecstatic. By contrast, his visit this week to the Trump White House will be awkward. This time around, his host is a president who has referred to African states as “shithole countries” and remarked that Nigerians would never […]
Domestic equities market outlook bullish on bouts of bargain hunting
Businessam StaffApril 23, 2018
Though performance at the local bourse was bearish last week with the benchmark All Share Index (ASI) shedding 0.3 percent week-on-week (w-o-w) to settle at 40,814.89 points, analysts see bouts of bargain hunting returning the market to a bullish run. The market, which had been in a correction mode since the beginning of March, had […]
Bargain hunting seen dictating market performance as correction nears end
Businessam StaffApril 15, 2018
The prolonged volatility in the Nigerian equities market, which began in early March, is gradually drawing to a close, according to analysts who see a positive outlook for the market in the near term. They say despite subsisting weak sentiment, they expect a bullish return as was in the first two months of the year […]
Downstream petroleum to deregulate or not to deregulate
Bukola OdufadeApril 11, 2018
Out of all the refined petroleum products, petrol is the only product not deregulated in the Nigerian market and the reason for this is fairly obvious to all Nigerians. It is regarded as the lifeline of the Nigerian economy and has an immediate effect on all parts of the economy. Rumours of shortage of petrol […]
Agriculture, Africa’s link to global value chain
Olukayode OyeleyeApril 9, 2018
The world will be better off when Africa takes its true place in the global economy. In that bid, Africa must unlock the hidden potential in agriculture to jumpstart a robust industrial development. Economists of renown, in time and space, have established a consensus that industrial and agricultural developments are not alternatives, but are rather […]
Nigeria’s economic recovery poised to build momentum in Q2
Businessam StaffApril 2, 2018
By Lukman Otunuga Market optimism over the recovery of Africa’s largest economy has increased steadily throughout the first trading quarter of 2018. The combination of appreciating oil prices, foreign exchange stability and easing inflationary pressure has boosted confidence in Nigeria’s economy. With the nation’s GDP hitting 0.82 percent in 2017 and predicted to register a positive […]