Covid-19: Trigger for Nigeria’s economic diversification?

Marcel OkekeMarch 31, 2020

Projections, realities and fantasies of Nigeria’s economic growth

One of the likely ‘gains’ of the Coronavirus (Covid-19) pandemic that has been ravaging the world since the dawn of 2020 is the expectation that the plague might drive a country like Nigeria into effective diversification of its economy. This expectation is essetially hinged on the fact that the emergence of the disease has led […]

COVID-19: A game changer in the microfinance subsector

Adolphus AletorMarch 30, 2020

When I thought of documenting my ideas on how the current pandemic would affect how we do business in the microfinance subsector, I initially thought it was too early as we were yet to even enter the woods talk less of being out. However, when I heard of the miracle recovery of the Chinese economy […]

Raising information security awareness during covid-19 pandemic

Michael IreneMarch 30, 2020

Digitising business processes and data protection function

Costin Raiu, head of global research and analysis at Kaspersky, claimed that there has been an upsurge by hackers to profit from the recent Covid-19 pandemic. He says “I have never seen anything like this” as hackers are creating various websites named specifically to carry the Covid-19 pandemic theme to attract victims. These are dire […]

GRC, cybersecurity intersection for curbing cybercrimes menace

Emmanuel Moore ABOLOMarch 30, 2020

The word cyber and its relative dot.com are probably the most frequently used lexica of the modern era. In the information age, the rapid development of computers, telecommunications and other technologies has led to the progression of new forms of trans-national crimes known as “cybercrimes”. Cybercrimes have virtually no boundaries and may affect every country […]

Will the Central Bank of Nigeria pull the rate cut trigger?

Lukmnan OtunugaMarch 24, 2020

Naira, PMI’s and Inflation in focus

As the coronavirus outbreak creates shockwaves across the globe, central banks and governments are enforcing emergency measures to defend their respective economies. It was only last week that the Central Bank of Nigeria (CBN) technically devalued the Naira at the Investors and Exporters (I&E) windows of the nation’s foreign exchange markets. While this move may […]

Microfinancing and COVID – 19

Adolphus AletorMarch 23, 2020

In this period of Pandemic, I feel obligated to take a break from the usual series on this column to talk about the effect of this novel virus, COVID -19 on the business that we do – microfinancing. Investors or prospective investors in the industry should firstly be aware that COVID-19 is not just a […]

Rethinking GRC ecosystem in a digital world

Emmanuel Moore ABOLOMarch 16, 2020

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 […]

Markets in chaos, Convid-19 spread economic gloom

Lukmnan OtunugaMarch 16, 2020

Naira, PMI’s and Inflation in focus

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 […]

What does the new Guideline say?

Adolphus AletorMarch 16, 2020

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 […]