NEWS

Technology is the backbone of all sucessful retail operations – Adenike Ogunlesi

Speaking at the special workshop of the conference “Driving Retail Outlet Footfall for Profitable Sales and Growth”, the Founder of Ruff ‘n’ Tumble Mrs. Adenike Ogunlesi said that technology remains  the backbone of today’s successful retail operation. Ogunlesi stated that merchandising and technology, financial planning and forecasting are part of the major strategies retailers can […]

NEWS

Government will continue to support retail growth and development – Waheed Olagunju

Speaking on the topic “Retail and Nigerian Made Goods: An unexploited Goldmine” at the conference, the former Managing Director/Chief Executive Officer, Bank of Industry (BOI) Mr Waheed Olagunju disclosed that government will continue to support the retail industry to grow and fulfil its potential. He cited the ease of doing business, taxation and protection of […]

NEWS

Government should carry stakeholders along in policy formation – Nnamdi Ezeigbo

The Founder/ Chief Executive Officer of SLOT Limited, Mr. Nnamdi Ezeigbo urged governments at all levels to carry stakeholders in the sector along in policy formation. Speaking on the topic “Retail – Our opportunities, Our Challenges, Our Potentials”, Ezeigbo categorised the major factors affecting the retail in Nigeria into external and internal challenges, adding that […]

NEWS

High interest rate, major killer of Nigeria retail sector

The President/Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN) Prof. Segun Ajibola, while speaking on the topic ”Enhancing Retail: Bank Synergy for Greater Value Maximisation”, identified high interest rate as the major killer of the Nigeria retail sector. Ajibola said that the current interest rate regime in the country is not in supportive […]