Analyst Insight

There is this popular slogan that is very close to my heart: Think tomorrow; Reinvent your business today. Succeeding today, requires  transmuting your business by radically rethinking how you deploy technology, people and processes to create value in more effective ways. For many, the digital age is simply the industrial era ‘amped up’ on tech […]

Things just got even worse for financial markets as rising panic surrounding the coronavirus pandemic pummelled equities across the globe. Asian shares continued the global slump on Friday plunging deeper into the abyss, while European markets posted their worst one-day drop in history the previous day. Overnight, the sell-off on Wall Street was so severe […]

Last week the Central Bank of Nigeria released an exposure draft guideline for the regulation and supervision of the microfinance banks (MfBs) in Nigeria. It is coming at a time when the industry is rife with anxiety as bank owners approach their part recapitalization deadline of April 2020. Recall that last year the CBN had […]

Contemporary successful businesses must innovate to survive in modern times. Businesses use apps, data, and the cloud for daily operations. At the same time, such companies must ensure that they have an intelligent security operation. The purpose of building an intelligent security operation varies. An intelligent security operation can reconcile organisational risks. For any organisation […]

Imagine Lagos State government knew the number of cars that plied the Third Mainland Bridge, knew the exact time these cars climbed and existed the bridge and gathered information about the type of cars that drove past the bridge daily.  Collecting such data could help with a lot of things. It could, for example, help […]

The internal auditor, by understanding GRC, can play a critical role in guiding his/her company toward an integrated GRC capability. When effectively deployed, GRC can help ensure controls are appropriate, operate effectively, address risks as intended, and use resources efficiently. The formalization of GRC as an operating framework has begun to force the discussion around how Internal Audit [IA] […]

A sense of uncertainty over whether Russia will commit to OPEC’s proposal for deeper production cuts weighed on oil prices on Friday morning. OPEC ministers agreed that oil production should be cut by 1.5 million barrels per day (bbl/d), with OPEC members cutting one million bbl/d and non-OPEC allies, led by Russia, cutting half a […]

During the week, the CBN released an exposure draft of a new guideline for the supervision of microfinance banks in Nigeria. The CBN displayed its adaptive, flexible and responsive character with the new guideline. Next week, I will be looking at the changes. But meanwhile, I am in a hurry to conclude this episode which […]

The dramatic and fast-moving consequences of the coronavirus COVID-19 outbreak threaten an otherwise resilient outlook for Nigeria’s economy, following GDP results for Q4 showing an expansion of 2.55 percent. The growth was the highest seen since 2015 and above the International Monetary Fund’s (IMF) 2.1 percent forecast. The economy is supported by the Central Bank […]

A typical GRC Functional model follows this pattern. Both manual and automated input feeds into the content management platform that generates the desired output-communication and integration. Right on top you have the reporting and analytics engine also feeding into the content management that drives workflow management right across the enterprise. The basic functional components as contained […]