Acuity Partners: Transforming Legal Services in Nigeria

Good morning, and a warm welcome to ThinkBusiness Africa, your Monday – Friday dose of commentary, contexts, and insights on business and economic news that matter to you.

Remember to visit https://tb.africa/ to continue to enjoy the second phase of our media services development. Also remember to share your feedback.

ThinkBusiness Africa thank you.

Please, also share so we can continue to build a community of “business thinkers”.

Headlines

Acuity Partners: Transforming Legal Services in Nigeria - Acuity Partners, founded by Olanrewaju Olumide in 2018, is a Lagos-based law firm offering specialized legal and business advisory services to high-net-worth individuals (HNIs), entrepreneurs, and established businesses. Olumide's vision extends beyond traditional legal advice, focusing on the needs of both individuals and the families behind their businesses. Despite starting small and navigating the challenges of the pandemic, Acuity Partners has grown into a prominent firm with a prestigious clientele in finance, manufacturing, and real estate. The firm is expanding its reach, exploring strategic partnerships with international law practices to address clients' global needs. Acuity Partners stands out for its client-centric approach, combining legal expertise with business acumen and emotional intelligence. The team crafts unique solutions tailored to each client's situation, ensuring seamless execution and proactive service. As the Nigerian legal industry evolves, Acuity Partners remains adaptable and poised for continued success, driven by a commitment to building long-term client relationships and safeguarding their legacies for generations. read more.

West Africa Embraces GIS Innovation: ESRI User Conference Lands in Abuja - The ESRI User Conference is coming to Abuja, Nigeria from September 10th-11th, 2024, bringing a boost to the geospatial technology scene in West Africa. Hosted by GIS leader Sambus Geospatial, the event will gather professionals, academics and industry leaders from across the region. The conference focuses on the growing importance of Geographic Information Systems (GIS) for solving problems like infrastructure development and environmental protection. Attendees will gain exposure to cutting-edge mapping technologies from ESRI, a leader in GIS software with its ArcGIS platform, and learn from real-world applications of GIS.

To register for the Esri User Conference West Africa 2024, please click the link:  https://africabusinessconvention.com/event/esri-user-conference-west-africa-2024/

Networking sessions will be a key part of the conference, designed to foster partnerships and knowledge sharing - crucial for building a strong West African GIS community. The conference arrives at a perfect time, as advancements in geospatial technology are making GIS more accessible and powerful than ever before. Increased satellite imagery, GPS-enabled mobile devices and open-source software like QGIS are all playing a role. By bringing together key players, showcasing advancements and fostering collaboration, the ESRI User Conference positions West Africa to leverage GIS for a brighter future. Sambus Geospatial's leadership in hosting this event demonstrates their commitment to empowering the region in the geospatial revolution. Don't miss out on this exciting event! read more

CBN Expected to Raise Rates Again at MPC Meeting - Nigeria's central bank, the CBN, is set to hold its MPC meeting on Monday with analysts expecting another interest rate hike. This comes despite a pause in May after a temporary slowdown in inflation. However, June's inflation rate surged to 34.19%, prompting concerns. Analysts predict a hike in the range of 50 to 100 basis points. While CBN Governor Cardoso previously signalled a pause in July, rising inflation might force a change of course. Some analysts argue for maintaining current rates, highlighting their negative impact on economic growth and their limited effectiveness in curbing inflation. Notably, the CBN has already raised rates by a significant 750 basis points since July 2023. The key question remains: will the MPC prioritize fighting inflation with another rate hike, or will they consider the potential drawbacks for the economy and opt for a hold? The decision will be closely watched by businesses and Nigerians alike, as it will impact borrowing costs and overall economic activity.

Upcoming Event