Updates

The Nigerian Aviation Industry: Are the Woes of 2016 Over?

Culled—Proshare December 9, 2016/FDC The global aviation market recorded a sub-optimal performance in 2016. It is estimated that full year profits are 5.6%, or about $10.42 per passenger.1 This shows a marginal improvement over the previous year. (It is low when compared to the average profit-ability of industries such as […]

The Agricultural Sector (slowly) on the Move – FBNQuest

Culled—Proshare December 9, 2016/FBNQuest Research Probably the brightest spot in the otherwise dire national accounts for Q3 2016 was the performance of agriculture. The sector expanded by 4.5% y/y for the second successive quarter (after 3.1% in Q1). It is not about to take off since just 8.2% of its […]

Uber and Lagos partner to provide Access to Groundbreaking Vehicle Finance for Lagos Entrepreneurs

Culled—Proshare December 9, 2016/apo Uber is changing the way Lagos driver-partners access finance and grow their small businesses. The global ride-sharing platform has partnered with the Lagos State Employment Trust Fund (LSETF) who will provide access to finance for budding transport entrepreneurs at just 5% per annum. This is 15% […]