‘Digitize or Die’: Study warns African retailers’ to key in or go extinct sooner
Firmus Advisory, a leading Market Research, Regulatory Compliance and Trade Development study group, has advised operators of retail industry in Africa and mainly Ghana to keep up with digital trends and understand the changing lifestyles and demands of their customers….
Gang up in broadband markets slowing digital inclusion in Africa, others
The 2019 Affordability Report, sponsored by Sida and Google in partnership with Alliance for Affordable Internet (A4AI), an initiative of the Web Foundation, has revealed that consolidated broadband markets as seen in some economies are keeping prices of data access…
MTN Nigeria’s nine month results reveal rising growth indicators
The recently announced unaudited nine months results ended 30 September 2019 of MTN Nigeria Communications Plc, has shown resilience and profitability. Fact checks showed that Mobile subscribers increased by 0.1 million to 61.6 million; Active data users increased by 1.6…
Nigerian Waters now classified as ‘War Zone’ by insurance firms—Ship owners
In view of endless terror attacks by sea pirates, kidnapping and maritime criminalities on Nigeria’s territorial waters, international insurance companies providing covers for ships calling or leaving Nigerian ports now charge ‘War Zone insurance’. This was the revelation of the…
Lost battles: Like Abuja-Kaduna highway, like Apapa Port access
Two critical road tests for the Federal Government; the insecurity on Abuja-Kaduna highway and articulated vehicular excesses on Apapa Port access road in Lagos are now becoming lost battles as far as many Nigerians are concerned. On the Apapa Port…
Fears for Rice plantations as ‘Strange’ diseases hit Kebbi onion farms
Just as the leadership of National Association of Onions Farmers (NAOF), in Kebbi State, has announced loss of over N1 billion worth of onions to two strange diseases affecting farms and storage facilities in the state, experts have started raising…
Production, operating costs decline Dangote Sugar’s EPS by 12.1% y/y
Recently published nine months results of Dangote Sugar at the floor of the Nigerian Stock Exchange (NSE) have shown that the company’s EPS declined by 12.1% y/y. The earnings underperformance was mainly due to the unrelenting pressure stemming from production…
Dangote refinery may make Lekki highway gridlock unprecedented
…As GED rules out deliveries on pipelines Strong indication has emerged revealing that traffic crisis on Lekki-Epe highway, the only entry and exit road to the corridor may be unbearable as soon as upcoming Dangote Refinery comes on stream. This…
Ghana snubs US withdrawal of $190m, maintains revocation of Discos’ deals
Barely less than one week after the United States of America (USA) pulled out from its earlier pledged $190m support for Ghanaian electricity sector development following the revocation of Discos concessions, the government has snubbed the pullout and went ahead…
Border closure: Ghanaian President, Nana Akufo-Addo opens up
Ghanaian president, Nana Akufo-Addo has broken his silence over the closure of Nigerian border, saying he was still hopeful that talks between his country and Nigeria over the closure of the Nigerian land borders would yield a positive result. Addressing…
