Beyond recapitalisation, micro finance banks need effective corporate governance, risk management architecture
Phillip IsakpaAugust 5, 2019
The gale of recapitalisation is currently sweeping through the financial services sector with new capital requirements already set by regulators in the banking and insurance industry. In the banking sector, microfinance banks have been set new minimum capital base they need to meet between 2020 and 2021, and these range from N50 million to N5 […]
Data hosting is next “oil money,” but it’s also Nigeria’s biggest security problem —Adamu Garba, CEO IPI Solutions Ltd
Samson EchenimJuly 31, 2019
Data domiciliation and control is currently one of world’s biggest markets, but Nigeria is still nowhere to be found in what appears to be the biggest source of its capital flight. Adamu Garba, CEO of IPI Solutions Limited and owner of local hosting platform, TucanaNG, in this interview with SAMSON ECHENIM, speaks on his company’s […]
GDP is useless; oil money is useless, if they don’t impact people’s lives – Ijewere
Tola AkinmutimiJuly 8, 2019
EMMANUEL IJEWERE, one of Nigeria’s most eminent accountants and businessmen, has had wide ranging experience across banking, finance and agriculture. A past president of the Institute of Chartered Accountants of Nigeria (ICAN), the Institute of Directors (IOD), and the Nigerian Red Cross, he is the national coordinator of Nigeria Agribusiness Group (NAGB). He holds chairmanships […]
Nigeria’s a weak player in global commodities play, but investment bankers can drive growth by creating viable financial instruments
Phillip IsakpaJuly 1, 2019
Commodities trading is huge globally. For many years, Nigeria has been trying to create more organised and formalised commodities trading platforms for soft, wet and hard commodities, with emphasis on agricultural commodities. Such a system offers tremendious opportunities for individuals, groups and the economy. Last Thursday in Lagos, at the monthly business a.m./GTI Finance & […]
Hubmart’s part of 70% modern retail growth in Nigeria
Phillip IsakpaJune 17, 2019
Consolidates in 3-years, enters growth phase Targets 175 stores, 20 in Lagos, medium-long term Omole, Lagos store set to launch Three years ago, last December, the Nigerian retail space was suddenly lit up by the bright orange colours of a new outlet by the name, Hubmart. From afar, and looking at the artistic presentation […]
Leasing industry needs better fiscal regime to grow, boost nation’s GDP – ELAN’s Emonuwa
Tola AkinmutimiJune 10, 2019
ANDREW EMONUWA, Executive Secretary, Equipment Leasing Association of Nigeria (ELAN) in this interview with business a.m.’s TOLA AKINMUTIMI, speaks on the strategic roles equipment leasing is playing in the nation’s economy and how its contributions could be improved through appropriate policy measures, amongst other issues. Sir, the leasing industry has been making modest contributions […]
Nigeria’s economy yet to fully recover from supply-side shock
Tola AkinmutimiMay 8, 2019
Caused by weak foreign reserves, oil price collapse Slow recovery points to fundamental structural challenges Over the past few weeks, the issues of good governance, particularly how the passage of the 2019 Appropriation Bill into law could help in tackling the increasingly worrisome poverty problem in the country, have continued to enjoy public sector experts’ […]
The Lagos Transportation agenda requires collective action
Businessam StaffApril 22, 2019
King’s College old boy, OLADIPO AKINWALE LAWANSON, is Lagos State Honourable Commissioner for Transportation. His interview with this newspaper was scheduled to take place a few months ago, but for his busy schedule since he assumed office. And when it eventually happened penultimate week, in his office at the sprawling Lagos Secretariat, Alausa, Ikeja, he […]
Eating healthy is not expensive, says Eat to Live Lifestyle founder, Mitun Dada
Nse Anthony-UkoApril 15, 2019
The World Health Organisation says lifestyle diseases are now the leading causes of death around the world. Bad diets and unhealthy lifestyles have become the biggest threat to life expectancy, fuelling seven in 10 deaths, a major Lancet study also found. Nigeria’s case may seem even worse, considering the decreasing life expectancy to 52.2 years, […]
Farin Ruwa Falls represent Nigeria’s ultimate neglect, misunderstanding of tourism’s potentials, says Foshizi Tours CEO, Olanrewaju
Nse Anthony-UkoApril 8, 2019
“You can have a good holiday within Nigeria” Nigeria, Africa’s largest economy, has huge untapped tourism potential which, if properly harnessed, could earn the country so much revenues that what it currently earns from crude oil would pale in comparison. Ranging from long stretches of exotic beaches, to lush mountains, waterfalls, among others, the country […]