30 results
- 13 Jan 2015
Public-Sector Digitization Posses Trillion-Dollar Challenge- McKinsey
The full benefits of digitization could be huge, but to realize them, McKinsey Insights show that governments need to tackle the factors that make many e-government efforts fall short of their…
- 25 Jul 2014
McKinsey Says Nigeria’s Top-20 Global Economy Quest Possible in 2030
In spite Nigeria been Africa's most populous country and its largest economy, yet it is little understood outside the region – and its rapid economic development has been overshadowed by global…
- 19 Apr 2019
FG Can Tap $13Bn New Tax Revenue with Digital ID Programmes
Nigeria is seen generating $13 billion in additional tax revenue if she could digitalise her identification programmes. This is according to a new McKinsey Global Institute report, which…
- 16 Dec 2020
Report Predicts New Rounds of Banking Sector Consolidation
A report by McKinsey and Company has stated that digitalisation will enable Nigerian banks to achieve between 25 and 40 per cent cost-reduction. The report also urged banks to plan for another round…
- 19 Feb 2014
KPMG, Accenture, IBM, others Lead Global Business Consulting Services Market
International Data Corporation (IDC’s) vendor assessment report showed that Accenture, Deloitte, IBM, KPMG, McKinsey, and PricewaterhouseCoopers (PwC) are all leaders in the global business…
- 2 Sept 2022
African Fintechs Tap into Potential US$150bn Market
African Fintechs are tapping into a market valued at US$150-billion, according to a new report by McKinsey which showed that this market will likely grow by 10% per year to US$230-billion by 2025.…
- 17 Jul 2017
25% Chinese Companies in Africa Make Their Initial Investment Within A Year
A new report has shown that China is Africa’s largest economic partner, with 10,000 of Chinese firms operating in Africa – four times the previous estimate. The new report by McKinsey Africa finds…
- 28 May 2014
Nigeria’s Consumer Market Worth $400bn Yearly - Institute
Nigeria’s consumer market is worth more than 400 billion U.S. dollars, the McKinsey Global Institute (MGI) announced in its report released on yesterday in Abuja. The report is entitled, `` Nigeria’s…
- 23 Oct 2019
Most Banks Shaky, May Fail- Report
Indication has emerged that majority of the banks in Nigeria and indeed the world over “are not in great shape” or economically viable to withstand imminent downturn about to occur. According…
- 17 Jan 2023
Productivity, Tech Key to Profit Among Africa’s Battle-scarred Banks
Despite tough economic conditions, banks in Africa have demonstrated resilience and now have an opportunity to not only grow, but sustain growth - helped by sustained volume increases, higher…
- 22 Mar 2017
Helios Activates Exit Strategy, Sells Stake in Interswitch
Helios Investment Partners, the Africa-focused private investment firm managing funds worth up to $3 billion, has sold a minority stake in Interswitch to TA Associates, global growth private equity…
- 18 Sept 2024
GSMA Launches Industry-wide Responsible AI Maturity Roadmap
The GSMA has launched the first industry-wide Responsible AI (RAI) Maturity Roadmap to provide telecoms operators with the tools and guidance to test and assess their responsible use of the…
- 6 Dec 2022
African Fintechs Seek Comprehensive Regional Regulatory Policies
Fintech businesses have called for comprehensive regulatory policies for regions rather than countries. Fintech industry watchers and researchers say this is the fastest-growing start-up industry in…
- 5 Jul 2021
Elsa Muzzolini, Others Advice Fintechs on Finding and Leveraging Partnerships
Elsa Muzzolini, General Manager, Commercials & Mobile Financial Services, Y’ello Digital Financial Services, has listed three things fintechs need to do in finding and leveraging the right…
- 8 Jun 2022
Endeavor Nigeria says Africa’s Technology Ecosystem is Poised for Exponential Growth
A new report from Endeavor Nigeria, the leading community of high-impact entrepreneurs in Nigeria, has stated that Africa’s technology ecosystem is set for a period of exponential growth, accelerated…
- 19 Dec 2022
SEC Approves Listing Rules for Tech Board
The Securities and Exchange Commission has approved the rules for listing on Nigeria Exchange’s new Technology Board, the NGX announced Monday. The technology board is a specialized platform for…
- 5 Sept 2018
GSM Operators Commit to Expand Financial Inclusion to 90 million Nigerians
The four GSM operators have agreed to clearly articulate their commitment to deepening financial inclusion and providing Nigerians with access to a range of affordable financial services. They also…
- 1 Mar 2019
Boubyan Bank Completes iMAL Islamic Core Banking Platform Upgrade
Path Solutions is pleased to announce that it has recently completed the successful upgrade of iMAL Islamic core banking platform at Boubyan Bank. Established in 2004, Boubyan Bank is the first…
- 8 Aug 2017
Five Factors Fuelling Rise of eCommerce in Nigeria
eCommerce has become a global multi-million-dollar industry, with worldwide sales projected to hit an all-time high of $4 trillion in three years. Although accurate statistics on the volume of…
- 16 Oct 2017
Nigerian-Canadian, Lola Kassim Appointed New GM for Uber West Africa
By peter oluka Uber, Monday, announced, the appointment of Lola Kassim, a Nigerian-Canadian, as its new general manager for West Africa. Most recently, Lola worked as a Management Consultant with…
- 10 Nov 2016
Juniper Says Mobile Financial Services will Surge in Emerging Markets
The total transaction value of mobile financial services in emerging markets (including domestic money transfers, deposits on loans, insurance products, and savings accounts) will approach $500…
- 12 Feb 2016
AfDB Launches First Africa Visa Openness Index
The African Development Bank (AfDB) has launched the first Africa Visa Openness Index, which shows how Africa remains largely closed off to African travellers. On average Africans need visas to…
- 16 Mar 2018
Standard Chartered Launch African online Bank
Standard Chartered launched its first African online-only bank in Cote d’Ivoire yesterday, joining a wave of lenders seeking to use new technologies to reach customers in some of the world’s most…
- 14 Sept 2021
Four Reasons Project Management Skills Should be a Priority in Early Education
By Brantlee Underhill, Managing Director, North America The pandemic has revealed a plethora of urgent needs across various aspects of society, and one of those needs that cannot be ignored is the…
- 25 Feb 2021
FG Seeks Asset Manager for N15tn Infraco Fund
Federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and…
- 12 Aug 2015
MOBOfree.com says Nigerians 2nd-Hand Items Sold on Platform Hits $1,97Bn
MOBOfree, the leading African social marketplace, on Wednesday announced a 274% year-on-year increase in the total value of goods on their platform in Nigeria. The current value of goods is 1.97…
- 26 Jun 2015
Jobberman Facilitates 5000 Northern Youths Employment into Financial Industry
Jobberman.com, an employment website in Nigeria, has revealed that in an almost unprecedented drive to put as many qualified Northern professionals and candidates as possible back to work and as well…
- 16 Jun 2015
African PR Agency to Ramp up Presence in Nigeria
Djembe Communications, the pioneering pan-African communications consultancy that recently received an Award of Excellence at the prestigious 2015 PRSA Silver Anvil, has embarked on an ambitious…
- 16 Jul 2014
IDC Evaluates Leading Vendors for Enterprise, Other Consulting Services
International Data Corporation (IDC) has published three new IDC MarketScape reports evaluating the enterprise performance management consulting, strategy consulting, and finance and accounting…
- 11 Oct 2013
Etisalat Unveils Panel for Pan-African Prize for Innovation
Etisalat, Nigeria’s most innovative telecommunications company, recently unveiled the judging panel for the second edition of its ‘Pan-African Prize for Innovation at a private dinner reception held…