Underperformance in innovations linked to low investment in R&D, infrastructure

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Nigeria’s underperformance in terms of innovativeness in the global space has been linked to low investment in research and development coupled with a lack of infrastructure needed to develop new products and services.Nigeria’s underperformance in terms of innovativeness in the global space has been linked to low investment in research and development coupled with a lack of infrastructure needed to develop new products and services.

“New technologies are constantly emerging, and businesses that can adopt these technologies early will be able to gain a competitive advantage and improve their efficiency, productivity and customer service,” he said. Executive Commissioner Operations, Securities and Exchange Commission , Dayo Obisan, while speaking on the theme: ‘Empowering Market Participants Through Education and Capacity Building’, said market participants play an important role in mobilising savings to productive sectors of the economies, as well as helping provide investment management services, advisory services, trading, research among other roles.

TAJBank Limited has again won BusinessDay’s 2023 ‘Islamic Bank of the Year Award, beating other contenders in the selection process for the prestigious award for the third consecutive year. Presenting the award to the bank’s management represented by the Regional Head, Lagos Mr. Michael Iteye, during the newspaper’s Banking and Financial Institutions awards ceremony…

 

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