The green hydrogen molecule has the potential to convert hard-to-decarbonize segments of the economy, but regulations stand in the way, according to a panel of experts who spoke at Wharton. As April 2024 wound up, the Biden administration…
Do TV commercials featuring diverse actors help increase sales? Wharton’s Zhenling Jiang tests this idea in her latest study on mortgage ads. Marketing to minority consumers has been around since the 1950s, when advertising agencies…
In May, headline inflation rose by 26bps to 33.95% y/y (Apr’24: 33.69% y/y). The outturn was 55bps below the Bloomberg consensus estimate of 34.50% y/y (Vetiva: 34.28% y/y). We attribute the mild uptick to the fiscal intervention in the…
By Emmanuel Macron, José Manuel Barroso, and Mohamed Cheikh El Ghazouani Emmanuel Macron is President of France. José Manuel Barroso, a former president of the European Commission and prime minister of Portugal, is Chair of Gavi, the…
Daron Acemoglu Daron Acemoglu, Institute Professor of Economics at MIT, is co-author (with Simon Johnson) of Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity (PublicAffairs, 2023). BOSTON – Even if the feared…
People don’t leave bad jobs, they leave bad managers. Naomi was troubled by recurrent nightmares. Each night, she found herself trapped in a dark parking lot with no exit, hiding from approaching footsteps. As a shadowy figure with a…
Fund managers’ politics sway the way they vote, impacting company governance at the expense of company performance. Fund managers are meant to be focused on value creation, paid to take decisions that financially benefit the firm they…
IKEM OKUHU Ikem Okuhu, a journalist, author, PR professional, brand strategist and teacher, is the CEO of BRANDish, publishers of BRANDish, Nigeria’s first nationally circulating Brands and Marketing magazine. He has a career that has…
The COVID-19 pandemic has brought unprecedented challenges to the aviation industry, which has impacted stakeholders at airports. The Airports Council International (ACI), which is the global trade union for airports, consequently,…
Imagine you’re building a brand-new toy or gadget. Product development is the journey from your very first idea to the moment you finish making your amazing new creation. It’s like building a fantastic castle with blocks, from planning to…
TUNDE OYEDOYIN Tunde Oyedoyin is a London-based personal finance coach and founder of Money Intelligence Coaching Academy, a specialist academy of personal finance. He can be reached as follows: +447846089587 (WhatsApp only); E-mail:…
“Nigeria is facing its worst economic crisis in decades, with skyrocketing inflation, a national currency in free-fall and millions of people struggling to buy food. Only two years ago, Africa’s biggest economy, Nigeria is projected to…
WOLOF PEOPLE OF SENEGAL claim that the Jollof rice originated from them. Although the Wolof tribe is mostly associated with Senegal, their kinsmen are also found in parts of Gambia and Mauritania. On their claim to Jollof rice, history…
Juneteenth, the day commemorating the emancipation of enslaved African Americans in the United States, is both a celebration and of sombre reflection. It marks the moment in 1865 when Union soldiers brought news of freedom to enslaved…
Hunger is one discomforting situation that every government must view seriously as a sensitive issue that demands emergency attention. If this subject of food insecurity is viewed from a strategic point, hunger, therefore, being neither a…
Identify stakeholders’ and their needs First thing first: the better a business knows its stakeholders, the more effectively it will be able to communicate with them. A business should be empathetic and ask the following questions: What…
Cynthia Ezekwe Prestige Assurance Plc, a general business underwriter in Nigeria, recorded a profit after tax (PAT) of N2 billion in the first quarter of 2024, driven by foreign exchange gains of N1.8 billion, beating the full-year profit…
Onome Amuge O3 Capital, a pioneering Nigerian fintech and the nation’s first non-bank issuer of credit cards, recently revealed the remarkable results of its newly launched American Express (Amex) card portfolio’s inaugural month of…
Business a.m. Recent data from the Central Bank of Nigeria (CBN) has revealed that everyday Nigerians are turning to credit facilities from financial institutions to finance their day-to-day expenses, a move that has become increasingly…
Business a.m. FCMB Asset Management Limited (FCMBAM) recently held a signing ceremony for Nigeria’s first Naira denominated private debt fund, the FCMB-TLG private debt fund, enroute to raising N10 billion under Series 1 of its N100…
Onome Amuge Sesame seed, a resilient crop also known as Benni-seed, has emerged as a prime driver in Nigeria’s pursuit of economic diversification through agriculture. This is as the oilseed posted N247.75 billion in export earnings during…
Chris Najomo, acting director general, Nigeria Civil Aviation Authority Sade Williams/Business a.m. Festus Keyamo, minister of aviation and aerospace development, has reaffirmed the position of Chris Najomo as the acting director general…
Onome Amuge Africa’s untapped financial potential, hidden in the cracks of mismanaged or underutilised domestic resources, could yield an annual windfall worth $100 billion, eclipsing both the $81 billion in Official Development Assistance…
Cynthia Ezekwe Nigeria’s Pension Fund Administrators (PFAs) are caught in a pressure cooker as retirees demand urgent action over the federal government’s prolonged delay in releasing accrued pension rights. For months, the federal…
L-R: Adekunle Awojobi, chairman 2024 ACT business luncheon committee; Olatunde Kamali, director,office of the director general, Securities and Exchange Commision; Patience Oniha, director general, Debt Management Office; Omolola Iyinolakan…
ONOME AMUGE IN LAGOS The price of gold has been on a sparkling run in 2024, increasing by 12 percent year-to-date. However, contrary to expectations that gold’s bullish run could be curbed by market saturation and gleaming price increase,…
Festus Keyamo, minister of aviation and aerospace development Sade Williams/Business a.m. The doggedness and painstaking efforts of Festus Keyamo, minister of aviation and aerospace development, and Chris Najomo, director general, civil…
Sade Williams/Business a.m. A dedicated task force is now in place to bring to an end ugly incidents of passenger extortion, touting and other illegal activities at airports in Nigeria, Olubunmi Kuku, managing director and chief executive…
Cynthia Ezekwe In the face of an increasingly volatile climate, International Energy Insurance (IEI) Plc, a cornerstone of Norrenberger Group, has issued a rallying cry to insurers, urging them to reshape their businesses, product…
$158bn increase compared to 2019 400m more passengers this year 4bn new passengers in next 20 years Pulling free from the ruins brought about by the Covid-19 pandemic, the global airline industry is poised for a record five billion flights…