News

Positive Indicators for Nigeria’s Digital economy

Nigeria’s fast growing youth population, expanding consumer power, and increasing smartphone penetration, provides a strong basis for online commerce and financial technology in Nigeria.  The current e-Commerce spending in Nigeria is estimated at $12 billion, and is projected to reach $75 billion in revenue per annum by 2025. Reports by …

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Minister accuses ASUU of blackmail

Their demands being met Union gives condition to avert strike Minister of Labour and Employment Chris Ngige has accused varsity teachers of whipping up sentiments against the Federal Government to attract sympathy to its planned strike. Dr. Ngige said the government had been implementing the Memorandum of Action signed in …

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OAU student dies after falling inside hostel soakaway

A 200-level student of Obafemi Awolowo University (OAU), Ile Ife has died after falling into a soakaway close to her hostel. The female student, identified as Ajibola Ayomikun, was studying Linguistics and African Languages in the varsity. The institution, in a statement signed by Abiodun Olarewaju, its spokesperson, on Wednesday, …

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Leave Emefiele out of politics, Economists warn propagandists

The North-South Economists’ Forum, NSEF, a focus group of development economists, has warned propagandists and information hawkers feasting on a phoney ‘Emefiele for President’ campaign not to drag the Central Bank of Nigeria, CBN, governor into the murky water of partisan politics. Recently, some online news platforms flew a kite …

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Effective use of technology by retailers

Changes in customer behaviour and technology advancement are ongoing causes of evolution in the marketing world, consequently leading to major shifts in the retail industry. Hence, retailers that understand consumer behaviour and adapt to it through the use of technology will thrive. To achieve this, retailers must either invest in …

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