Covid-19 could provide impetus to accelerate trade digitization on larger scale – Madhavan

By Vinod Madhavan, The Covid-19 outbreak is set to significantly impact trade growth for the year as countries limit physical movement to curb the virus spread. While the health crisis undoubtedly has vast negative implications for global trade processes, it is one that could be turned into an opportunity as it provides the political and social impetus to accelerate trade digitization on a larger scale. Trade services have traditionally centred around physically intensive processes involving the likes of paperwork, signatures and frequent manual data entries. In fact, it has been…

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Businesses need more than just money to thrive – Elegbe, Interswitch GMD

The Founder/GMD of the Interswitch Group, Mitchell Elegbe, has said that although money is necessary, it is not sufficient enough to make a business thrive. He explained that it was more important for entrepreneurs to identify the problems they are trying to solve before venturing into any business. Elegbe made this call while giving the keynote address at the annual Lagos Business School MBA Entrepreneurship Expo and Contest with the theme: ‘Entrepreneurship and business innovation’. He highlighted that the more value customers perceive, the more they are willing to pay…

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Alleged N511.3m debt: Senator Bamidele fails to stop AMCON’s prosecution

This is not the best time for Mr. Bamidele Opeymi Michael, popular called MOB, as all judicial steps taken to stop Assets Management Corporation of Nigeria (AMCON) from prosecuting a debt recovery suit against him had failed both at Federal High Court and Court of Appeal. This was sequel to the struck out of his appeal by a Lagos Division of Court of Appeal, challenging an exparte order granted by Justice Saliu Saidu led-court, which in the interim, forfeited some of his shares to AMCON and freezing of his bank…

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COVID-19: Magistrate”s elevation stalls trial of Archbishop ‘Jehova Sharp-Sharp’ 

The scheduled trial of Archbishop Samson Mustapha Benjamin of Resurrection Praise Chapel, popularly called Jehovah Sharp-Sharp, and two others, who were arraigned for alleged violation of the lockdown and Stay at Home directive of President Muhammad Buhari, amid the Corona Virus Pandemic, before an Igbosere Chief Magistrate’s Court, Lagos, today, suffered set back, due to elevation of the presiding Chief Magistrate as a High Court Judge. At the resumed hearing of the matter today, the court’s Registrar informed counsels that the Chief Magistrate had been elevated to as a High…

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