Industry News and articles

  • The Guardian: Enterprise lessons from Amazon and WholeFoods
    The Guardian: Enterprise lessons from Amazon and WholeFoods 6/21/2017

    Posted by: Victor Asemota, Contributor, The Guardian

    The biggest news in technology recently has been Amazon’s acquisition of the premium grocery chain – Wholefoods – for $13.7 billion. The acquisition was unexpected, and it came as a surprise to a lot of people. This takeover is surprising because Wholefoods is a niche business selling healthy primarily organic food to upmarket customers. Their shops are not as ubiquitous as other retail chains. The first thing I mentioned on Twitter when I heard the news was “Amazon is buying a demographic” and not just a business.

  • The Guardian: Home Décor & Giftware Exhibition is a platform for sustainable dev in the African retail industry
    The Guardian: Home Décor & Giftware Exhibition is a platform for sustainable dev in the African retail industry 4/20/2017

    Posted by: By Paula Eseghene, The Guardian

    Nigeria recorded the highest retail sale of $125 billion in the sub-Saharan Africa in 2016. In fact, despite the current economic challenges in Africa, the retail market was the third largest contributor to Nigeria’s gross domestic product (GDP).

  • Online marketing boom for retailers
    Online marketing boom for retailers 4/7/2017

    Posted by: TONIA ‘DIYAN, The Nation

    For retailers desirous of making sales without incurring unnecessary costs on advertising, online marketing aided by the social media is the way to go, reports TONIA ‘DIYAN

  • The Guardian: CBN pegs N360 to one dollar at retail market
    The Guardian: CBN pegs N360 to one dollar at retail market 3/28/2017

    Posted by: Chijioke Nelson and Femi Adekoya, The Guardian Nigeria

    Gives $2b forex intervention, stakeholders laud move

  • The Guardian: Nigeria remains choice investment space
    The Guardian: Nigeria remains choice investment space 3/24/2017

    Posted by: By Chijoke Nelson, The Guardian

    Mrs. Titi Ogungbesan is the Chief Executive Officer of Stanbic IBTC Stockbrokers Limited, acclaimed to be the largest stockbroking company in Nigeria. The expert, who has overseen the company develop online real time platform for seamless stockbroking, spoke to CHIJIOKE NELSON on germane issues of the financial market and economy at large.

  • This Day: Timekeepers to Unveil New Outlet, Brands in Nigeria
    This Day: Timekeepers to Unveil New Outlet, Brands in Nigeria 3/24/2017

    Posted By: Sunday Okobi, This Day

    In its efforts to provide premium products and services, quintessential wristwatch, jewellery and fashion accessories brand, Timekeepers, will on April 1, 2017, launch its new outlet at the Novare-Lekki Mall, Lagos.

  • The Nation: How to survive recession, by retailers
    The Nation: How to survive recession, by retailers 3/22/2017

    Posted By: Tonia ‘Diyan, The Nation

    Against the backdrop of the lingering recession, most retail businesses have adopted ingenious means  to tackle the credit crunch taking a toll on businesses, reports TONIA ‘DIYAN. 

  • Financial Watch: FG offers new retail savings bond with 13.01 percent coupon
    Financial Watch: FG offers new retail savings bond with 13.01 percent coupon 3/13/2017

    Posted By: Juliet Nwosa, 13/03/2017

    FG offers new retail savings bond with 13.01 percent coupon

  • Financial Watch:  UK, Nigerian firms seal franchise deal on toy business
    Financial Watch: UK, Nigerian firms seal franchise deal on toy business 2/22/2017

    Posted By: Cynthia Adigwe February 22, 2017

    World’s famous British toy shop, Hamleys, has officially announced the signing of the development agreement for the Hamleys franchise in Nigeria with Smartmark Limited.

  • NAIJ.com: Local entrepreneurs and manufacturers on Jumia Nigeria quadruple sales in Just 6 months
    NAIJ.com: Local entrepreneurs and manufacturers on Jumia Nigeria quadruple sales in Just 6 months 2/20/2017

    Posted by: Mitchelle Okuku, NAIJ.com, 20th february 2017

    Jumia Nigeria has announced a significant increase in the patronage of locally produced products on its website since the 2016 launch of Jumia Local– its dedicated store for made-in-Nigeria products.