NEWS

Retail Sector: The Best Vehicle to Drive ‘Buy Made-in-Nigeria Goods’ Initiative – Joseph Ebata

Operators in the retail industry have stated that without the sector, the federal government ‘Buy Made-in-Nigeria Goods’ initiative may not succeed. This assertion was made at the fourth edition of The Retail Leaders Conference with the theme: ‘Supporting Retail:  The next Driver of Nigeria’s Economic Growth’, which took place in Lagos. According to the operators, […]

NEWS

CBN Auctions $186m Through Retail SMIS

Following last Tuesday’s assurances by the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, that the CBN would continue to intervene in the foreign exchange market, the bank wednesday auctioned the sum of $185.86 million through retail Secondary Market Intervention Sales (SMIS). This is just as the CBN yesterday settled the 10th […]

NEWS

Glo Unveils E top-up, Glo Café

Globacom in keeping with its promise of offering subscribers top quality brand experiences recently unveiled 2 products, Glo Sharp Sharp E-Top-Up and Glo Café products to give subscribers higher value in data and airtime. According to Mr. Sola Mogaji, Events and Sponsorships Senior Manager, the Sharp Sharp E Top-Up rewards customers eight times the value […]

NEWS

CBN boosts Retail Segment with $254.3m

Players in the retail segment of the Nigerian inter-bank Foreign Exchange (FOREX) market received a 254.3 million dollars boost from the Central Bank of Nigeria (CBN) on Friday. The acting Director, Corporate Communications at the CBN, Mr Isaac Okorafor, in a statement explained that the sale was in response to bids received from authorised dealers, […]

NEWS

85% of customers leave the store empty-handed! – Joseph Ebata

  The President, Bervidson Retail Group, convener of the annual Retail Leaders Conference, Mr. Joseph Ebata has said that poor customers’ experience impacts negative on retailers ability to drive outlet footfall, sales and profitability. Speaking on the topic “Customer Experience -The New Battleground of Retail Success” at the just concluded 4th edition of the annual […]

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 […]