Business Watch

  By Amechi Obiakpu The Advertising Regulatory Council of Nigeria (ARCON) has kicked against the proposed “Chartered Out-of-Home Media Practitioners of Nigeria Bill, 2024 (SB.448),” noting that passage of the bill could destabilize the growing advertising industry. This Bill, according to ARCON, portends danger and capability to destroy the Nigerian…

    When it comes to leather, Nigeria is a major player on the global market. Between 2010 and 2022, more than 40 million goat and sheep skins valued up to $800 million, were exported annually to global fashion designers to make shoes, handbags, and other leather products accessories. Now…

  Dr. Busola Tejumola, Executive Head of Content and Channels, West Africa, Multichoice and Dr. Morayo Afolabi-Brown, Managing Director, TVC Entertainment Channel have been unveiled among an impressive roaster of speakers who will share their wealth of experience and knowledge at the Her Summit 2024. Her Summit an annual event…

  By Ikem Okuhu As the embarrassing, and if I may add, needless dispute between Dangote Refineries and the Nigerian government as represented by the NNPC lingers, the Paris Olympics arrived with a basket of lessons on country-of-origin branding that I feel this country and its leaders should learn from.…

Mimibi Academy, a leading organization dedicated to empowering women and promoting women’s health and well-being is partnering with Focus Africa, an international platform dedicated to promoting the activities of Africans, to host the Nigerian Golden Heart Awards. The Nigerian Golden Heart Awards, is a high-profile event that celebrates the successes…

  A proposed U.S. class action suit accused Amazon of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees. The complaint filed on Thursday in federal court in Seattle, Amazon’s algorithm for choosing what to display in its…

  Parents and many Nigerian students studying abroad have groaned over the rising tuition fees following the free fall of naira against foreign currencies, including dollar and pounds. For potential students trying to travel abroad for their studies, the exchange rates of naira to dollar and naira to pounds are…

  It is estimated that about 70.92 million Nigerians are in extreme poverty, according to the World Poverty Clock. The figure translates to 11 per cent of the world’s extreme poor. This means that, at least, one out of every 10 extremely poor people live in Nigeria. It would be…

The recent announcement of Jumia Food’s exit from Nigeria, its biggest market, has set alarm bells ringing among industry watchers. Dr. Fred Bongani, a former employee and founding staff, examines the fallouts from this latest misadventure E-Commerce, despite its potential as a goldmine, remains one of the most challenging business…

  By Amechi Obiakpu The unending reports about Nigerians leaving the country in droves got the attention of Chukwudumebi Onwuka, a first degree graduate from one of the universities in Nigeria. Indeed, from the Olodi Apapa community he resides, more than half the youths in the area have joined the…