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Новости за 02.02.2023

2023: Given what is at stake, it will be reckless to rely on mere assurances

Business Day 

There are two critical success factors in any election; voter mobilisation and election results management. This is even more so for developing countries where institutions are not yet robust enough to withstand the twin evil of internal compromises and external pressures. The Labour Party; her presidential and vice presidential candidates; their presidential campaign council; and […]

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EU’s planned initiative for Africa gas faces investment hurdles

Business Day 

The European Union’s (EU) initiative to stimulate African countries into capturing gas instead of flaring is faced with investment hurdles, according to analysts. In a bid to curtail the projected gas deficits of its member countries, the EU announced the “you collect, we buy” approach to accelerate the pace of change. The “you collect, we […]

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Exchange rate steadies amid new naira scarcity

Business Day 

Naira/dollar exchange rate has steadied at the official foreign exchange market as the scarcity of naira redesign persists in Africa’s most populous country. At the Investors and Exporters (I&E) forex window, Nigeria’s official foreign exchange market, dollar was quoted at around N461/$1 year-to-date, though on a weakening level compared to N456.50 quoted on December 23, […]

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Young business lawyer spotlight: Temitope Sowunmi

Business Day 

Full name – Temitope Sowunmi Organisation – Cowrywise Financial Technology Limited Area of Practice – Financial Services, Tech Law, Private Equity and General Business Advisory. Years of Experience – 8 years Temitope Sowunmi is a corporate finance lawyer with significant experience advising indigenous companies and multinationals in financing, corporate, technology, private equity, regulatory compliance/government interface, […]

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Beyond the gadgets: regulatory and commercial considerations for wearable technology in sports

Business Day 

Wearable technology is infiltrating the sports world in astronomical proportions and will continue to do so for the foreseeable future. Unknown to most viewers, fans and even rival teams, certain players wore tracking devices that recorded every metre they ran, every turn they made and how fast they accelerated. This data was processed and stored […]

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Unlike others, law is yet to be a Gen-Z profession

Business Day 

“Long skirts, buttoned shirts, sober colours, black and white”, the law school texts say are the proper way to dress. This is one of the many laid down rules for lawyers in Nigeria – lawyers have always been known for their “black and white, wig and gown”. This has worked well for older generations but […]

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Election: APC unveils ‘thinking caps’ app to woo youths for Tinubu

Business Day 

The Presidential Campaign Council of the All progressives Congress (APC) has launched an application known as; “Thinking Caps” to bridge knowledge gap among Nigerians youths and garner support for Bola Tinubu, the party’s presidential candidate. The application is to among others, educate, provide vital information and publish the requisite capacity to think out of the […]

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Amazon Web Services offers $100,000 for startups in space industry

Business Day 

Amazon Web Services (AWS) has announced an award of $100,000 in AWS promotional credits, specialised training and access to Amazon partners and customers to selected startups for its 2023 AWS Space Accelerator. Now in its third year, the AWS Space Accelerator, delivered by TechConnect, is a hybrid technical, business, and mentorship opportunity open to space […]

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Rising cost of living furthers exodus of Nigerian doctors, nurses

Business Day 

The rising cost of living in Africa’s most populous nation is one of the major factors furthering the exodus of young medical professionals to other countries. One such country is the United Kingdom (UK) which has been flexible with its migration requirements in a bid to attract young talents largely from Nigeria’s healthcare sector to […]

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Executive council approves process to start tolling highways

Business Day 

The Federal Executive Council (FEC) on Wednesday, approved the procurement process for the take off of a central clearing house for the operations of toll plaza concessionaires, across nine federal highways in the country. Minister of Works and Housing, Babatunde Fashola, disclosed this on Wednesday while briefing journalists, after the Federal Executive Council meeting presided […]

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