Analyst links incidence to macroeconomic headwinds Following the adoption of IFRS 9, about 10.9 per cent of the loan book in the banking industry, representing ₦1.5trillion are in Stage 3 (impaired), as at December 2018, according to the recently released banking industry report by Agusto & Co. The figure represents 15 per cent increase in […]
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Nigeria’s Central Bank governor Mr Godwin Emefiele on Monday said the country’s economy remains fragile, about two years it exited a harsh economic recession. Emefiele, who resumed as the CBN governor for a second term at the beginning of June, said it still not all rosy for Africa’s most populous country. He made the comment […]
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Nigeria’s cocoa will soon regain its glory in the country and beyond, the new leadership of the Cocoa Farmers Association of Nigeria (CFAN) under Mr. Adeola Adegoke has said. Adegoke, who was elected CFAN National President at the weekend in Akure, the Ondo State capital, spoke after his election victory. There were delegates from 13 […]
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Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Saturday stressed the need to strengthen efforts over the coming years to stimulate growth and create jobs in critical sectors to insulate the economy from global shocks. He said this while giving a welcome address at a consultative round-table titled, “Going for Growth” […]
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The naira on Monday traded at N359.04 to the dollar at the parallel market in Lagos. The Pound Sterling and the Euro closed at N465 and N404, respectively. At the investors window, the naira closed at N360.59 to the dollar , as market turnover stood at 217.08 million dollars. Trading at the Bureau De Change […]
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Nigeria’s President Muhammadu Buhari will officially begin his second and final term on Wednesday following his re-election in February. Despite his large winning margin, the next four years won’t be easy for the 76-year-old former general. Here are some of the key issues he’ll face while at the helm of Africa’s biggest oil producer and […]
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Federal Government’s tacit endorsement of the International Monetary Fund’s (IMF) advice on fuel subsidy removal has already triggered far-reaching consequences, with most petroleum marketers hoarding or rationing Premium Motor Spirit (PMS). Expectedly, this has led to fuel queues appearing across the country. The planned subsidy removal notwithstanding, the inability of the Federal Government and depot […]
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Importance of Media Planning In the Process of Advertising a Product! Media planning that requires knowledge of both marketing and mass communication skills is the process of determining deals with the biggest portion of the advertiser’s budget in terms of cost for buying placement of advertisement. Media planners have two main roles of analysing the […]
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By Afolabi Akinkuehin Does your business have a public relations strategy? Do you think that applying just a marketing strategy is enough for your business? No matter how small the business, a public relations strategy is essential to your success. What is the difference between marketing and public relations? Marketing is traditionally viewed as promoting […]
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With the trending economic situation, many businesses have failed. Regardless, many of the causes of business failure can be prevented. These causes have affected a lot of small scale enterprises to grow; and discussing them would help you put together a plan to make sure your business is around for decades. Lack of experience Lack […]
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