Ciuci (pronounced see-u-see) Consulting is a strategy and consumer intelligence company with strong technical expertise in strategy formulation, research, and human capital development.
The Nigerian banking industry is trying to stand strong despite the rocky socioeconomic landscape. Retail banks have been forced to twist and turn in order to adapt to the various market shocks and policy variations that hit the economy in 2015. From the monetary policy...
Human capital is the stock of knowledge, habits, social and personality attributes, including creativity, expressed in an individual’s ability to perform labor so as to produce economic value. Human capital is a major determinant of economic development, while education is the tool required to build...
The cost of acquiring goods and services has escalated due to high exchange rates. Businesses with high foreign exchange exposure will face challenges in meeting foreign obligations to suppliers and partners. Crude oil prices in international markets have already fallen $10 below the national budgeted...
Following the trend of 2013, Nigerian banks have continued to wade through tides, finding ways to thrive amidst changes in the regulatory and business environment – with the outcome of each bank’s strategic response becoming more quantifiable.Despite the change of its helmsman, the Apex Bank...
Before the emergence of Quick Service Restaurants (QSR) also known as Fast Food Restaurants in Nigeria, small food shops or canteens were the common source of ready to eat food. These food outlets were strategically positioned at street corners and market squares, usually selling a...
With a $510 billion economy growing at 7.1% annually, retail and wholesale trade represents majority of the growth potential. Over 40 million Nigerian households are in the consuming class and earn an income of more than $7,500 annually. Consuming class or consuming households refers to...
The world is fast becoming a global village and a necessary tool for this process is communication, of which telecommunication is a key player. Telecommunication tools have evolved from a simple communication device for voice calls to complex tools that support voice and data services...
With a total land area of 92 million hectares and favourable weather conditions, agriculture has remained one of the drivers of Nigeria’s economy, contributing $112 billion to its GDP in 2013. On 28.2 million hectares of arable land, a wide range of food crops and...
Following the trend of 2013, Nigerian banks have continued to wade through tides, finding ways to thrive amidst changes in the regulatory and business environment – with the outcome of each bank’s strategic response becoming more quantifiable. Despite the change of its helmsman, the Apex...
In the second quarter of 2014, the government released “rebaised” figures of the economy showing a GDP of $510 billion in 2013 (compared with $270 billion that was previously reported). This clearly confirms Nigeria’s position as the continent’s largest economy with South Africa a distant...
