Insurers who are able to innovate when it comes to the design and delivery of products and services will not only be fostering greater loyalty amongst their consumers, but they will also be helping to change the perception that the insurance industry is still playing catch up.
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Business Journal, Author at Business Journal - Page 151 of 167
July 26, 2015
African Insurers Must Innovate to Attract Digital Consumers
- By : Business Journal
- Insurance, IT & Telecom
- 0 Comments
July 26, 2015
What Does A Blogger Want From A Bank? The PR Perspective
Modern society has been hugely impacted by the advent of the internet. The internet has truly become an essential component of varied socio-economic activities.
The use of internet has brought fundamental change to the way businesses are coordinated and managed. Public Relation as a professional discipline is one major field that has been revolutionalised by the internet.
- By : Business Journal
- Banking, IT & Telecom, News
- 0 Comments
July 26, 2015
Nigeria Leads Africa Smartphone Shipments in Q1 2015
Middle East and Africa (MEA) smartphone shipment are set to total 155 million units in 2015 after increasing 66% year on year during the first quarter to reach more than 36 million units, according to the latest figures announced today by global technology consulting firm, International Data Corporation (IDC).
- By : Business Journal
- IT & Telecom
- 0 Comments
July 26, 2015
JUMIA Côte d’Ivoire Celebrates 2 Years of Existence
It was in June 2013 that JUMIA revolutionised retail in Côte d’Ivoire by launching the first innovative e-commerce platform of the Country.
JUMIA took the bold gamble to make Ivorian consumers adopt online shopping. Two years later, the young company is reaping the rewards of hard work and persistent innovations.
- By : Business Journal
- Company News, Economy, IT & Telecom
- 0 Comments
July 26, 2015
Mobile Payment – A Game Changer in Africa
Writing in his latest annual “Gates Notes” letter, Microsoft Founder and Philanthropist, Bill Gates highlighted the digital banking sector and observed that smartphones and mobile technology would define banking in Africa, especially in those communities where the cost of banking and a lack of infrastructure remain major barriers to entry.
- By : Business Journal
- Economy, IT & Telecom, News
- 0 Comments
July 26, 2015
MTN to Sack Hundreds over Prolonged Strike
Africa’s biggest mobile operator MTN, which is grappling with an eight-week strike at its South African operations, plans to cut hundreds of jobs, a local newspaper said on Monday.
Citing unnamed sources close to the company, the Business Report newspaper said MTN would go through with layoffs as the strike had shown the company could do without some of its workforce.
- By : Business Journal
- IT & Telecom
- 0 Comments
July 26, 2015
Fitch Affirms Helios Towers Nigeria at ‘B’; Outlook Stable
Fitch Ratings has affirmed telecom infrastructure group, Helios Towers Nigeria Limited’s (HTN) Long term Issuer Default Rating (IDR) at ‘B’ with a Stable Outlook.
HTN’s rating reflects the political and macro-economic uncertainty of the Nigerian market (Nigeria, rated ‘BB-‘/Negative) as well as the company’s revenue visibility and strong growth prospects.
- By : Business Journal
- Company News, Industry, Marketing
- 0 Comments
July 26, 2015
ZTE Signs 5G R&D MoU with SoftBank
ZTE says that it has signed a deal with Japan’s SoftBank to collaborate on research and development on pre 5G networks technology.
Under the MOU, the two companies will cooperate on R&D, evaluation and verification of mobile communications solutions based on ZTE’s Pre5G technology, including Massive MIMO (multiple input multiple output).
- By : Business Journal
- Banking
- 0 Comments
July 12, 2015
Oil Prices Driving Lower Growth in Sub-Saharan Africa
Latest report by the World Bank Group suggests that low oil prices have considerably reduced growth in commodity-exporting countries in Sub-Saharan Africa, especially in Nigeria and Angola etc. and have also slowed activity in non-oil sectors.
The report says that although South Africa is expected to be one of the main beneficiaries of low oil prices, growth is being held back by energy shortages, weak investor confidence amid policy uncertainty, and by the anticipated gradual tightening of monetary and fiscal policy. Growth in the region is forecast to slow to 4.2 percent, slower than previously expected.
- By : Business Journal
- Energy
- 0 Comments
July 12, 2015
CBN Defends Forex Ban Policy
Mr. Moses Tule, Director of Monetary Policy, Central Bank of Nigeria (CBN) has stoutly defended the recent restrictions placed on forex by the apex bank, saying it is a move to stem gradual erosion of value of the Naira.
The CBN had placed a ban on importers of certain commodities from accessing foreign exchange from the forex window. Tule was a guest speaker at a Forum organised by the Lagos Chamber of Commerce and Industry (LCCI) that sought to bring together the regulator and the private sector to discuss urgent and topical issues that have implications for the economy.
July 12, 2015
BUHARINOMICS: Charting Path to Sustainable Economic Renaissance
The presidential election was over on Saturday, March 28, 2015. It is now a historical document for academic research and street political analysis.
On March 28, CHANGE triumphed over TRANSFORMATION AGENDA, leading to the emergence of General Muhammadu Buhari as President, Federal Republic of Nigeria. On May 29, Buhari assumed the leadership of the nation, bringing to an end, the regime of Goodluck Jonathan.
For Buhari, it is a long road to Aso Rock. Three times he contested and lost. And three times he dusted the stinking ashes of defeat to rise again to seek for the same office. And on the fourth effort, he won. Either fortune smiled on him or the Gods took pity on him and handed him the office to break the cycle of defeat and save him from the poisoned pen of harsh historians and political propagandists.
- By : Business Journal
- News, The Lantern
- 0 Comments
July 12, 2015
The N714bn Bailout: Matters Arising
It was good news the other morning when news filtered out that the federal government has graciously given cash-strapped states a bailout of approximately N714 billion to settle outstanding salaries and other forms of wages to workers in their states.
To the workers, it was probably the best news of the year 2015, given that some that had fallen into arrears for upwards of seven to nine months. To ordinary Nigerians not directly affected by the salary crisis in the affected states, the bailout represents a moment of relief from the plight of the workers.
For the state governments, the bailout is only a temporary measure to relieve them of the scandalous inability to meet their obligations to workers in the states.
- By : Business Journal
- News
- 0 Comments
July 12, 2015
1bn Women Worldwide Lack Access to Financial System
$300bn Financing Gap Between Men & Women.
Financial exclusion remains a major constraint for women, particularly in developing countries. More than one billion women still do not use or have access to the financial system, according to the World Bank Group’s latest Global Findex Report.
IFC has estimated that worldwide, a $300 billion gap in financing exists for formal, women-owned small businesses, and more than 70 percent of women-owned small and medium enterprises have inadequate or no access to financial services.
July 12, 2015
Firm to Develop Affordable Homes for Calabar Residents
An indigenous firm, Turn – Over Plus Limited, is set to develop a housing estate, Green City Estate, Calabar, Cross River State, in an effort to boost the housing stock in the state.
The Green City Estate is located in Ikot Offfiong, Ambia, said to be the most serene part of Calabar metropolitan city, with a clean, beautiful, well developed infrastructure, hospitable and good safety and security facility.
The Green City Estate which will be fully flagged off in August, currently houses a number of two to three bedroom apartments spread over three bays, just as duplexes are also been developed. Apart from the planned modification of the existing structures to meet the green city codes, the management of the city plans to develop additional 140 future homes within the next 12 months.
- By : Business Journal
- Shelter
- 0 Comments
July 12, 2015
West Africa Needs Advanced Mobile Infrastructure, says IBM Nigeria Boss
Increased investments in relevant new technologies like mobile, cloud and big data analytics that offer advanced solutions and services are essential for West Africa’s socio-economic development.
In practically all sectors of the regional economy, these advanced technologies allow economies and companies to ensure the integrity of their data assets, providing them with hitherto unseen levels of data mining capabilities which, allows them to derive fresh insights and business intelligence from these data.
These salient points were made recently by Taiwo Otiti, Country General Manager for IBM West Africa, on the sidelines of the HR Leaders Africa Summit held recently in Lagos.
- By : Business Journal
- IT & Telecom, News
- 0 Comments
