With a new report predicting that British manufacturers are set to increase their productivity by 15.5% over the next five years, boosting exports by 35%, the UK is holding its own on the global stage. Such is the strength of the industry, that manufacturing is projected to deliver 40% of Britain’s productivity gains over the next decade.
Premier League Transfer Spending Hits £500m
Transfer spending in the Premier League has reached £500 million this summer, £335 million short of last summer’s total with four weeks until the transfer deadline.
Raheem Sterling’s move to Manchester City for an initial fee of £44 million has been the highest so far. Manchester United boss, Louis van Gaal has hinted at a “surprise” signing despite spending £83 million already.
African Enterpreneurs Cite Finance, Govt Support As Growth Indices
On the eve of U.S. President Barack Obama’s visit to Kenya for the Global Entrepreneurship Summit, GeoPoll, the Global Entrepreneurship Network and the U.S. State Department released a survey of 1,000 business-owners throughout sub-Saharan Africa on entrepreneurship in their countries.
Non-Performing Loans: CBN Should Probe Banks for Shady Loans –LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to consider probing the loan portfolios of banks to determine if the rising cases of non-performing loans or loan defaults are due to shady practices in loan approvals by the banks.
The Buhari-Osinbajo 50% Salary Cut: Leading From The Frontline!
These are desperate times in Nigeria! Times that demand tough decisions in public interest and exemplary leadership on the part of leaders. It is tough not to acknowledge the difficult economic and security situation of the nation today.
African Insurers Must Innovate to Attract Digital Consumers
Insurers who are able to innovate when it comes to the design and delivery of products and services will not only be fostering greater loyalty amongst their consumers, but they will also be helping to change the perception that the insurance industry is still playing catch up.
What Does A Blogger Want From A Bank? The PR Perspective
Modern society has been hugely impacted by the advent of the internet. The internet has truly become an essential component of varied socio-economic activities.
The use of internet has brought fundamental change to the way businesses are coordinated and managed. Public Relation as a professional discipline is one major field that has been revolutionalised by the internet.
Nigeria Leads Africa Smartphone Shipments in Q1 2015
Middle East and Africa (MEA) smartphone shipment are set to total 155 million units in 2015 after increasing 66% year on year during the first quarter to reach more than 36 million units, according to the latest figures announced today by global technology consulting firm, International Data Corporation (IDC).
JUMIA Côte d’Ivoire Celebrates 2 Years of Existence
It was in June 2013 that JUMIA revolutionised retail in Côte d’Ivoire by launching the first innovative e-commerce platform of the Country.
Mobile Payment – A Game Changer in Africa
Writing in his latest annual “Gates Notes” letter, Microsoft Founder and Philanthropist, Bill Gates highlighted the digital banking sector and observed that smartphones and mobile technology would define banking in Africa, especially in those communities where the cost of banking and a lack of infrastructure remain major barriers to entry.
MTN to Sack Hundreds over Prolonged Strike
Africa’s biggest mobile operator MTN, which is grappling with an eight-week strike at its South African operations, plans to cut hundreds of jobs, a local newspaper said on Monday.
Fitch Affirms Helios Towers Nigeria at ‘B’; Outlook Stable
Fitch Ratings has affirmed telecom infrastructure group, Helios Towers Nigeria Limited’s (HTN) Long term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook.
Oil Prices Driving Lower Growth in Sub-Saharan Africa
Latest report by the World Bank Group suggests that low oil prices have considerably reduced growth in commodity-exporting countries in Sub-Saharan Africa, especially in Nigeria and Angola etc. and have also slowed activity in non-oil sectors.
CBN Defends Forex Ban Policy
Mr. Moses Tule, Director of Monetary Policy, Central Bank of Nigeria (CBN) has stoutly defended the recent restrictions placed on forex by the apex bank, saying it is a move to stem gradual erosion of value of the Naira.