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Business Innovation Facility (BIF) Information & Advisory Services Research & Intervention Results

Most Africans connecting to the internet today are likely to be using a Chinese smartphone, powered by a Chinese-built network, and at least half of the time, it was built by Chinese tech giant, Huawei. Read more

Apart from the man-hour losses, they also list the steady increase in the volume of Nigerian bound cargoes that are being diverted to ports of neighbouring countries. Read more

It has been argued that the non-passage of the automotive policy bill will further hamper the development of the auto sector. What is your take? Read more

The much-anticipated Uber initial public offering managed to break a record, but not one that investors would’ve hoped for. Read more

Facebook’s announcement in late April that it had set aside $3 billion to $5 billion to settle claims that it mishandled users’ personal data suggested a strong consensus by federal regulators that the social media giant needed to be held accountable. Read more

The worth of financing transactions in the oil and gas sector that are currently being negotiated, processed and at approval stages by the Nigerian National Petroleum Corporation is $15bn. Read more

THE high Non-Performing Loans (NPLs) in the banking industry as well as decline in the yield environment in the Federal Government of Nigeria, FGN, debt instruments have taken a toll on financial performance of tier-1 banks operating in the country. Read more

CREDIT to the economy rose to an all time high above the N30 trillion mark in February 2019, driven by strong growth in credit to the private sector during the month. Read more

OVER the years, the  Central Bank of Nigeria (CBN), has introduced several reforms to create a robust financial system framework. These reforms are focussed on enhancing banking system stability, sensitizing the gains in serious governance and restoring confidence in the nation’s financial system. Read More

NEW YORK (Reuters) – Oil prices rose 1 percent on Tuesday, as fighting in Libya and falling Venezuelan and Iranian exports raised concerns over tightening global supply, but uncertainty surrounding an OPEC-led production cut limited gains. Read more

Analysts in the financial sector have projected that the signing of the new minimum wage bill, a hike in energy tariffs and ongoing planting season would trigger a rise in monthly inflation rate in April, May and June this year even as inflation rate for March 2019 slowed down to 11.25 percent. Read more

The Nigerian National Petroleum Corporation, NNPC, yesterday said that it has reduced joint venture cash call indebtedness to international oil companies to $3.5 billion. Read more

The Nigerian National Petroleum Corporation (NNPC) says that the national average daily crude oil production stood at about 2.019 million barrels in 2018. Read more

Dr Ibe Kachikwu, Minister of State, Petroleum Resources, says the queues at filling stations is as a result of logistics challenges and has nothing to do with petrol scarcity. Read more

The New York International Auto Show kicks off this week in Manhattan, and as usual much has leaked or been released beforehand. Read more