The Nigerian media industry is in the midst of what many local players consider to be a sea change. The rising popularity of ICT across the nation over the past decade and a half has had a major impact on the way Nigerians access media on a daily basis. This has created a range of challenges for print and broadcast media entities. The print industry, for instance, faces high levels of...
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Chapter | Media & Entertainment from The Report: Nigeria 2016
Chapter | Table of Contents from The Report: Nigeria 2016
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Interviews & Viewpoints | Godwin Emefiele, Governor, Central Bank of Nigeria (CBN): Interview from The Report: Nigeria 2016
What can the CBN do to help encourage private sector lending and financial intermediation?
Articles & Analysis | Opportunities for expanding reach of credit bureaus in Nigeria from The Report: Nigeria 2016
A domestic margin lending crisis in 2008 and 2009 led to a significant shake-up of Nigeria’s banking sector. In the wake of the period, banking executives were charged with mismanagement, lenders were nationalised and the industry as a whole was in need of support. This was evident in a myriad of ways, but one of the most visible was the...
Articles & Analysis | Lending to the Nigerian private sector increases from The Report: Nigeria 2016
Against the backdrop of a slowing economy and low oil prices, the Nigerian banking sector – filled with heavyweight regional players and the largest sector on the Nigerian Stock Exchange (NSE) – has sought to play an increasingly important intermediary role, facilitating efforts to diversify the economy through increased private sector credit...
Articles & Analysis | Uptake in mobile and internet banking boosts penetration in Nigeria from The Report: Nigeria 2016
In January 2012 the Central Bank of Nigeria (CBN) launched the first phase of its “cashless” policy, which aims to reduce the volume of cash transactions and in turn cut the cost of banking services. Since then, the move towards electronic payments has spurred the growth of numerous electronic payment and commerce initiatives. The cashless...