What do you do when you feel some weird pains in your body? Do you head over to Google to check what might be wrong with you? If you are like most “Google Doctors” who self-diagnose, you will know that a common headache might be the symptom of some unexpected diseases.
Depending on the time you devote to checking out your symptoms on Google, you might find out that the headache is a symptom of cancer, kidney disease, or heart-related diseases.
Let’s take this analogy to our everyday lives. Technology has made our lives easier in several ways. When we want to reach out to a friend, all we need to do is to chat them up on social media.
If we need to train employees or have a meeting, we have the video conferencing apps; and when we need an answer to a question, all we do is to “google it”. While these technological advancements are laudable, they should not replace our need for human interactions.
There are apparent limitations of our information technology platforms. Therefore, we should not leave out the place for real human interactions in our lives the same way we cannot accurately diagnose ourselves on google.
Anifat Ibrahim, Research Associate | Project Management Professional (PMP).
HEADLINES YOU MIGHT HAVE MISSED FROM BRAND SPUR
IITA and EAGC agree to work towards producing aflatoxin-free grains for health and trade
The International Institute of Tropical Agriculture (IITA) and the Eastern Africa Grain Council (EAGC) today signed an agreement to work together to tackle aflatoxin contamination of grains in the region to help ensure that they are safe for human and livestock consumption and meet export standards.
Global food and agri-business Olam International Limited (“Olam”) announced that, on the back of additional investor demand, it has priced a S$100 million issuance (the “New Notes”) via reopening of its S$400 million 4.00% senior notes due February 2026 (the “Original Notes”) under its US$5,000,000,000 Euro Medium Term Note (EMTN) Programme.
CBN directs banks to take over electricity bills collection from DisCos
The Central Bank of Nigeria (CBN) has asked banks to take responsibility for collecting electricity bill payments.
MTV Base celebrates leading black women in music with queens of base
MTV Base has dedicated the month of August to leading black women in music with a specially curated playlist tagged ‘Queens Of Base.
Public Cloud Hosting: US accounts for 47% of all global revenue in 2020
Data presented by Buy Shares indicates that in 2020, the United States is set to account for almost half of the public cloud hosting revenue. According to the data, the US will account for 47.21% of the global revenue of $95.47 billion.
Lekoil Appoints SP Angel as its Joint Broker
LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces today that it has appointed SP Angel Corporate Finance LLP to act as the Company’s Joint Broker with immediate effect.
Nigeria’s GDP slumps as expected
Nigeria’s Q2 GDP performance was released this morning, with GDP down 6.10% year-on-year and non-oil GDP down 6.05% y/y. This was not a surprise (although one forecast poll predicted a 4.05% decline), given that in June the World Bank forecast a 3.2% contraction and the IMF forecast a 5.4% contraction for full-year 2020, suggesting that some poor quarters lay ahead.
Bond Yields Push Higher As GDP Weakens By 6.10% YoY
The FGN bonds market opened the week to the news of negative growth for Nigeria’s GDP (-6.10% YoY). This compounded an already weak market, still reeling from the previous week’s primary auction. We noted offers across the benchmark curve all session, but with no matching bids as investors continue to sit on the sidelines. Even offers at the long-end at 10.00% levels were not seen as enticing enough to bring client demand. Consequently, yields expanded by c.25bps on the average across the bond curve.
Nigeria Agriculture Sector GDP: Still resilient amid COVID-19?
Yesterday, the National Bureau of Statistics (NBS) released Nigeria’s GDP report for Q2-2020. According to the report, the Agriculture sector which contributes c. 25.0% to real GDP was one of the 6 of 19 sectors to record y/y growth in Q2-2020. This was as the sector’s GDP growth slowed to 1.58% y/y in Q2-2020 (vs. 1.8% and 2.2% recorded in Q2-2019 and Q1-2020, respectively).
Insider Dealing: Eterna’s CEO designate increases stake in Eternal Plc
Nnamdi Obiagwu, Executive Director/Chief Operating Officer – (CEO Designate effective 1st September 2020) of Eterna Plc, has acquired 200,000 shares (N1.90 per share) of the company in accordance with the Nigerian Stock Exchange policy on insider dealing.
