Wednesday, January 18, 2017
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Strategic Research and Analysis

  • Nigerian fintech startup raises $1.3m from abroad Nigerian fintech startup raises $1.3m from abroad

    Forbes  Business Magazine  reported that " Paystack, one of Nigeria's most hotly anticipated tech start-ups, has just secured $1.3M Seed investment from both international and homegrown investors. The company, founded by Shola Akinlade and Ezra Olubi, initially caught the eye of industry commentators as it was one the first Nigerian tech company to be accepted into the world-famous Y Combinator progam, based in Silicon Valley. Since then,...
  • Jonathan’s Effect: Gambian President, Jammeh concedes loss to Adama Barrow Jonathan’s Effect: Gambian President, Jammeh concedes loss to Adama Barrow
    Africa is rising! It happened first in Nigeria, then Benin Republic, Zambia, Guinea and now Gambia.  What all these nations have in common is the concession of power by their  respective presidents in democratic elections.


    President Yahya Jammeh, the strongman who has sternly ruled Gambia for longtime of 22 years has conceded defeat to opposition leader Adama Barrow, and have accepted that the people have "decided that I should...
  • Chief Obasanjo reacts on state of the economy and $30billion loan Chief Obasanjo reacts on state of the economy and $30billion loan
    The former Nigerian President, Chief Olusegun Obsanjo  spoke at the first annual lecture of Akintola Williams Foundation in Lagos and  reacted on the state of the economy . He “said it was uncharitable for the present administration to be blaming past governments that had served since 1999, noting that only a comprehensive framework would save the country. Obasanjo, who spoke on the theme: Nigeria, Yesterday, Today and Tomorrow: Governance and...
  • Bob Dylan  - Song writer/Singer Awarded Nobel Prize in Literature  2016 Bob Dylan - Song writer/Singer Awarded Nobel Prize in Literature 2016
    With these words - “having created new poetic expressions within the great American song tradition" the Swedish  Nobel prize  Academy awarded Bob Dylan a Nobel prize in literature.  This is the first time in history of the Swedish Academy that a songwriter and singer has been accorded such an honor.



    "He is the first American to win the prize since the novelist Toni Morrison, in 1993. The announcement, in Stockholm, was...
  • Nigeria and  Recession – Why & When Nigeria and Recession – Why & When

    It is more than 2years that we know recession is coming but its just a month that we have heard entered and read about recession , slowing economy, reduction in industrial output , high inflation , negative agricultural growth , voluntary cut in production , lay-offs , reduction in wages , shutting down of companies etc . President Buhari and other ministers kept assuring that we are a decoupled economy with very ‘strong fundamentals’, and...
  • Nigeria’s oil is 15% of GDP: Why blaming oil for the recession? Nigeria’s oil is 15% of GDP: Why blaming oil for the recession?
    "The logic goes like this; if oil share of Nigeria’s economy is 15% - why blaming oil for the recession?"     Nigeria is officially in recession and when you ask the country’s policy makers: What is the cause of the recession?  You may likely know the answer they will say even before I called them out on it. Without hesitation, they are quick to blame the falling oil price and its sequential problems. To many Nigerians who are busy working...
  •  Nigeria: How come the most populous nation is in recession? Nigeria: How come the most populous nation is in recession?
    Nigeria is officially in recession for there are now two consecutive negative growths and GDP contractions in two quarters. The economy shrinks sequentially in first and second quarters by .36 and 2.06 percent respectively.


    Before the Central Bank of Nigeria (CBN) and National Bureau of Statistics (NBS) made the official recession pronouncement, Nigerians were already feeling the chilliness of the ebbing economy. The economic decline...
  • Mark Zuckerberg in Nigeria:  Emeka Afigbo, Ime  brought  Zuckerberg to Nigeria Mark Zuckerberg in Nigeria: Emeka Afigbo, Ime brought Zuckerberg to Nigeria
    As Techpoint, a Nigerian tech blog, reported, more than fifteen managers and executives of Nigerian background work with and around Zuckerberg at the world’s largest social networking site, occupying a range of high-profile roles. Among the most prominent are Emeka Afigbo, who handles strategic product partnerships for Facebook in sub-Saharan Africa and Ime Archibong, Facebook’s director of strategic partnerships. Back in May, Archibong and Afigbo...
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