Expert Archives

Retail stores expansion in South Africa unsustainable – Expert

South African retailers are expanding at a potentially unsustainable pace, according to Pick n Pay CEO Sean Summers. He cautioned that the country’s top five retailers opened more than 700 stores in 2024 and have already added 230 more this year. Such rapid growth, he warned, could threaten their financial stability in a tough economic […]

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26th May 2025
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88 Views

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Digital skills shortfall could cost Nigeria $11b annually – Expert

The Chairman of the Sector Skills Council for Information and Communications Technology, Mr. Shola Oshilaja, has warned that Nigeria could lose up to $11 billion annually in potential economic growth due to the widening digital skills gap in the country. Speaking through the Council’s Secretary, Mr. Chukwuemeka Okafor, Oshilaja made the statement on Tuesday in […]

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21st May 2025
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Data breach exposes salary information of Dublin airport staff

Tech

Expert warns of data breach risks in Nigeria’s energy sector

A new legal research paper has raised concerns about the growing risk of data breaches and cybersecurity threats in Nigeria’s oil and gas sector. Authored by data protection lawyer, Lynda Ugo Ezike, the paper warns that the sector’s increasing digitization has made it vulnerable to cyberattacks, surveillance, and legal issues related to the misuse or […]

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23rd April 2025
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84 Views

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Expert urges Nigerian govt to reassess economic reforms

The founder and chairman of Proshare LLC, Dr. Olufemi Awoyemi, has called on the government to reassess its approach to reforms and policy development. Speaking as the keynote speaker at the Bible Society of Nigeria’s 16th Founder’s Day Annual Lecture in Lagos, he emphasized diversification and production as vital solutions to Nigeria’s economic challenges. “As […]

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10th February 2025
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43 Views

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Expert urges govt exit from refinery operations

An energy expert and CEO of Dairy Hills, Kelvin Emmanuel, has suggested that the Nigerian government withdraw from refinery operations. He advocates for a transition to private sector management, emphasizing the potential for increased efficiency and improved performance in the oil and gas sector under private control. In an ARISE NEWS interview on Friday, Emmanuel […]

monwubukepdnlimited-com
3rd January 2025
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40 Views

Tarrif hike: DisCos sweat as manufacturers insist on old rates

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DisCos’ performance awful in 2024 – Expert

The National Coordinator of the Coalition for Affordable and Regular Electricity, labeled last year’s performance of Nigeria’s Electricity Distribution Companies as appalling. This was disclosed by Bosah in an interview on Wednesday, according to NAN. He criticized the DisCos for focusing on profit rather than upgrading infrastructure, highlighting widespread consumer complaints about erratic power supply […]

monwubukepdnlimited-com
2nd January 2025
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35 Views

News

Excessive cash settlements driving high core inflation in Nigeria – Expert

Excessive reliance on cash settlements in Nigeria drives high core inflation, according to the Principal Partner at Dion & Associates Ltd, Charles Iyore. Speaking on Sunrise Daily on Channels TV on Saturday, Iyore highlighted the challenges of cash-based transactions and inefficiencies at federal and state levels. Iyore identified excessive cash transactions as a major contributor […]

monwubukepdnlimited-com
28th December 2024
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41 Views

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Nigeria’s inflation rate may drop to 5% in 2025 — Expert

An economist and CEO of Economic Associates, Ayo Teriba, has suggested that Nigeria’s inflation rate could fall to 5% by 2025 if the Federal Government successfully attracts $50 billion in foreign direct investment. He shared this view on Arise TV’s Good Morning Show, highlighting the importance of significant FDI inflows in stabilizing the economy and […]

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25th December 2024
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36 Views

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BVN crucial to tackling financial crimes – Expert

The Chief Executive Officer of the Nigeria Financial Intelligence Unit, Hafsat Bakari, emphasized the crucial role of the Bank Verification Number in Nigeria’s efforts to combat financial crimes. Speaking at the High-Level Roundtable on Public-Private Partnerships (PPPs) to Combat Financial Crimes in Abuja, Bakari described the BVN as transformative for Nigeria’s anti-money laundering and counter-terrorism […]

monwubukepdnlimited-com
27th November 2024
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64 Views

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ICT powers nearly 90% of Nigeria’s GDP – Expert

The Chief Executive Officer of Open Access Data Centre Dr. Ayotunde Coker has revealed that Information and Communication Technology drives nearly 90% of Nigeria’s Gross Domestic Product, despite the sector officially contributing around 20% in Q2 2023. Dr. Coker disclosed this at the Nairametrics Industry Spotlight webinar, themed “Beyond Connectivity: Telcos and the Future of […]

monwubukepdnlimited-com
21st September 2024
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38 Views

Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m

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Experts lament underinvestment in digital infrastructure across Africa

Experts in the digital economy have highlighted the severe underinvestment in digital infrastructure across Africa, noting that the continent currently accounts for a mere 0.02% of global fiber infrastructure deployment, This was disclosed in a statement at the Hyperscalers Convergence Africa conference in Lagos on Wednesday, according to Nairametrics. The continent currently accounts for a […]

monwubukepdnlimited-com
6th September 2024
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69 Views

News

Foreign investors key to success of bank public offers

The Managing Director and Business Officer at Optimus by Afrinvest, Ayodeji Ebo has stated that the success of recent public offers and recapitalization efforts by banks will largely depend on their ability to attract foreign investors. Ebo disclosed this while speaking at the industry outlook webinar, themed “Banking Public Offers: Buy, Sell, or Hold?” on […]

monwubukepdnlimited-com
24th August 2024
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98 Views

Navy destroys 800 illegal refineries, recovers 171,000 stolen

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PZ Cussons quits Nigeria palm oil business, sells

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Tag: Expert

Retail stores expansion in South Africa unsustainable – Expert

Digital skills shortfall could cost Nigeria $11b annually – Expert

Expert warns of data breach risks in Nigeria’s energy sector

Expert urges Nigerian govt to reassess economic reforms

Expert urges govt exit from refinery operations

DisCos’ performance awful in 2024 – Expert

Excessive cash settlements driving high core inflation in Nigeria – Expert

Nigeria’s inflation rate may drop to 5% in 2025 — Expert

BVN crucial to tackling financial crimes – Expert

ICT powers nearly 90% of Nigeria’s GDP – Expert

Experts lament underinvestment in digital infrastructure across Africa

Foreign investors key to success of bank public offers

Apple exploring bid for AI search startup Perplexity.

E-commerce startup Sabi lays off 20% workforce

Pope Leo XIV warns of AI risks, urges.

Deezer to label AI-generated music in crackdown on.

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