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on January 02, 2019

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Investment, savings key to Nigeria’s recession escape-study

Despite the hope of leaving economic recession by government and Nigerians, a study has revealed that Nigerians are engaging in spending activities more than saving and investing. This is contrary to what economists have suggested as the best choice for leaving the recession. This was the outcome of 2017’s Economic Recession Outlook carried out by Enterprations Limited, a Lagos-based management consulting company. In line with their monthly income, the research shows that Nigerians are making a discrete choice among the three indicators –spending, saving and investing. Nigerians are spending, saving and investing instead of spending, investing and saving. In other words, Nigerians are using their money mostly for purchasing decision rather than investing and saving decisions. Spending was significant on non-durable goods than durable ones. Food, household services, and public transport are the most essential commodities and services Nigerians are spending on. Based on locati

How Electricity Generation from 3 Hydropower Stations Affected Nigerian Manufacturing Sector in Q3 2018

The Nigerian manufacturing sector is the sector with the highest number of markets having a number of companies, according to the National Bureau of Statistics. The markets include oil Refining, Cement, Food, Beverage and Tobacco, Textile, Apparel and Footwear, Wood and Wood Products, Pulp, Paper and Paper Products, Chemical and Pharmaceutical Products, Non-Metallic Products, Plastic and Rubber products, Electrical and Electronics, Basic metal, Iron and Steel, Motor vehicles and assembly and others. Like companies in other sectors and markets, companies in manufacturing sector cannot be exonerated from various challenges retarding their growth and contributions to economic growth . Over the years, power has remained the critical problem affecting companies’ productivity and revenue generation. A recent report from the country’s bureau of statistics indicates that “t he power generation statistics for Q3 2018 reflected that a total average of 78,917 MWh of energy was generated

Stablemums’ CEO on Why Healthy Woman Means Healthy Household, Key to SDGs Attainment

In this WETi (What Expert Tells Infoprations), Adeola Ojabanjo-Lawal speaks about the place of women in healthy household, society and realization of women and children related goals of Sustainable Development Agenda of the global leaders. From Broadcast Journalist to NGO Expert, why the move? Broadcast journalist is what I love doing and still love to do, so it never over. Why the NGO? I discovered along the line that sitting in studios to analyse issues will not help us as a people, but joining the people to work will help move faster. Before I got my first job, I had looked for few NGOs works, until I got the opportunity in the media. It's going to be more of partnership now. Using my skills as a broadcast journalist is to drive a cause. Both are still on the burner. What are the rationales for establishing Stablemums considering the fact that our society is male dominated? Stablemums is a project I have struggled with. When I had my daughter, I went through a lot

Militancy Risk and the Nigerian Economy in 2020

Like other social movement groups in the country, the militant groups in the Niger Delta region evolved on the need for the Federal Government of Nigeria to address environmental issues occasioned by the activities of the oil and gas companies, especially the oil spillage and gas flaring. The militancy has been an issue before the emergence of the President Muhammadu Buhari administration. Like him, successive governments promised to resolve the issues being raised by the people in the region regarding their environment. However, efforts of the present administration to address the identified issues after 2015 general elections led to the significant fall in the country’s revenue source –crude oil and compounded the country’s recent economic recession between 2016 and 2017. Having realised the severity of the incessant oil pipeline destruction and kidnapping of workers, Federal Government took certain measures and reaffirmed its commitment to the welfare of the militants who hav

Savvy Capire launches property listing hub, promises innovative services in three African countries

Savvy Capire , a leading Facility Management company, today announced the launch of online property listing hub. SC Property Hub is an inclusive portal developed to cater for real estate markets in Nigeria, Ghana and Kenya. SC Property Hub provides a mix of sell, buy and lease segments, solving the leading players ’ concentration on the rent and sell segments over the years. Apart from catering for all the property listing segments, SC Property Hub will also provide add-on values such as property evaluation, advice on home loans among others. “ Through our platform, property listing, searching and buying is easier for individuals and businesses in the three African countries, ” Abdullah Oladipo, Business Operations Manager, noted. SC Property Hub enables users review variety of property listed by verified agents using desired brief and competitive price points as guides at the click of a button. As a leading and award-winning Facility Management company in Afric

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