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Random Dynamic Resources Bags CASRO Endorsement

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Paul Nnanwobu, chief executive officer, Random Dynamic Resources
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Council of American Survey Research Organization (CASRO) has admitted Random Dynamic Resources, an indigenous fast-growing market research company as a member of the association when it profiled the company on its latest newsletter edition.

 CASRO used the platform to underscore various contributions the foremost fieldwork company has made in delivering quality market research data to its international partners like Millward Brown, Nielsen, GFK, TNS, Ask Afrika and other local companies in Nigeria.     
 
It was revealed that among the many countries and industries yearning for the opinions of African consumers, the South East Asia (South Korea and China) and Europe regions still lead the pack.

With a rising interest coming from UK companies in sectors like the mobile telephony, Info tech, and FMCGs (Fast Moving Consumer Goods).   

Mr. Paul Nnanwobu, chief executive officer, Random Dynamic Resources, said that  “the most effective method of data collection in most African markets is PAPI-F2F (Pen and Paper, Face to Face Interviews) and it accounts for approximately 80% of any research process”.

He added that while for the online data collection, the procedure has not gained footing due to unreliable slow internet and telephone connectivity.
 
Nnanwobu noted that in some countries like Nigeria, South Africa and Kenya, data collected via PAPI can be entered using an online data entry link and the use of social network sites like Facebook, Linkedin, etc to collect data is just beginning to bud and has not gained much momentum.

Other methods, like video streaming for focus group research are still in the experimental stage. He said the inability to use technology to achieve quicker results is part of the several challenges faced in the reduction of project turnaround time.  

Research has shown that the infrastructural decay and insecurity in Nigeria also contribute to the challenges in fieldwork as communal clashes, ethnic tensions and acts of terrorism are being perpetrated in every nook and cranny in Africa.

Without regular electricity supply, it is difficult to maintain a steady workflow, also meet deadlines which are the basis of research analysis.

The only alternative means of power supply (generators) which companies improvise invariably increases the cost of doing business, making their service more expensive for research buyers.

However, it has become glaring by the day that Africa is the future of world market as the continent continues to give the world the best of human and natural resources.

It is a virgin land and most consumers are eager to integrate.

For example, after the introduction of the first mobile telephony company into Nigeria in 2001, the tele-density has jumped from 0.65% to 65% currently.

The mobile phone companies and network operators that invested from outside have made profits that triple the figures in Europe or Asia, and this is due to the large population which can drive any market.      

Random Dynamic Resources Limited is a marketing research company and the publishers of a bi-monthly magazine – Research intelligence based in Lagos, Nigeria.

It has a 100% devotion and attention to fieldwork with a vision to transform market research processes by providing more personalized services, honest work conduct and the urge to foster development.

Random Dynamic employs 20 full-time staff and has over 500 freelance interviewers and team leaders working in various regions in Nigeria.

 The company also maintains a team of local field professionals in 20 African countries with an office in Cameroon to manage Central African markets, while East African projects are co-ordinated through an office in Nairobi, Kenya.


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UK–Nigeria Skills and Schools Trade Mission Concludes with Strong Foundations for Education Partnership

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A high-level UK delegation has concluded a week-long skills and schools trade mission to Nigeria, marking a significant step forward in education and skills cooperation between the two countries.

Running from 19-23 April 2026 across Abuja and Lagos State, the mission brought together leading UK private schools, skills providers, and education institutions with Nigerian partners, schools, and the Honourable Minister of Education Dr Tunji Alausa.

The mission follows the high profile and well received state visit to the UK in March, which also included education engagements.  Supported by the UK’s Department for Business and Trade (DBT), the mission forms part of its new International Education Strategy, under which Nigeria has been identified as one of five priority education markets, spearheaded by Professor Sir Steve Smith, who is looking forward to visiting the country again this year.

The mission focused on in-country delivery of education, the establishment of world-renowned UK schools in Nigeria, and the development of skills and Technical and Vocational Education and Training (TVET) systems aligned with industry demand.

In Abuja, the delegation met with Nigeria’s Honourable Minister of Education, Dr Tunji Alausa, securing strong political backing for UK–Nigeria education partnerships and set the groundwork for ongoing institutional collaboration across both schools and skills.

In Lagos, delegates engaged further with potential partners and investors. In both cities the delegation was thrilled to visit local British curriculum schools and colleges to further enable them to experience first-hand the teaching and learning environment.

British Deputy High Commissioner, Jonny Baxter, said: “The UK and Nigeria share a deep and longstanding relationship, and opportunities in education are one of its most exciting frontiers.

“This mission has demonstrated the strong appetite on both sides to deepen collaboration in education and skills.”

“By bringing together UK schools and skills providers with Nigerian partners and policymakers, we are laying the foundations for even more long-term partnerships that support Nigeria’s education priorities, strengthen skills aligned to industry needs, and create opportunities for sustainable, in-country delivery as well as positioning Nigeria as the regional hub for high quality education.”

DBT Head of International Education, Sarah Chidgey, said: “This mission is a perfect example of the International Education Strategy being put into action, building on multiple two-way visits and the UK and Nigeria’s warm relationship. It has been heartening to see all the progress in UK Nigeria education collaboration since my first visit to Nigeria, as part of a wider delegation, in 2022.”

DBT’s mission concluded with a strong pipeline of follow-up activity, including targeted one-to-one meetings, MoU discussions, and agreed next steps between UK and Nigerian counterparts.

 


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Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

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President Bola Tinubu has requested Senate approval for a $516.3 million foreign syndicated loan to fund key sections of the Sokoto-Badagry superhighway, a cornerstone of his Renewed Hope Agenda.

Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

Tinubu

 

In a letter read by Senate President Godswill Akpabio during Thursday’s plenary, Tinubu invoked Sections 16 and 21 of the Debt Management Office Act, 2011, to secure financing via Deutsche Bank AG for Sections 1, Phase 1A, and 1B. The 1,000-kilometre project will span Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, linking Illela to Badagry and boosting trade, connectivity, and goods movement.

The nine-year loan, with a three-year grace period and interest at SOFR plus 5.3 per cent, includes a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The Federal Government will provide over ₦265 billion in counterpart funding for land acquisition and infrastructure.

Akpabio referred the request to the Senate Committee on Local and Foreign Debts for a one-week turnaround report. He endorsed the borrowing, stating it advances road safety and national integration.

The highway aims to cut travel times and stimulate economic corridors, with the Federal Executive Council already approving the plan.


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Karex, World’s Top Condom Maker to Hike Prices due to Iran war

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Karex, world’s largest condom maker, plans to raise prices by up to 30 percent due to supply disruptions linked to the Iran war.

Karex, World's Top Condom Maker to Hike Prices due to Iran war

This means that safe sex could get more expensive if the war continues to disrupt global supply chains, according to Goh Miah Kiat, CEO, Karex.

Kiat told old Reuters that rising freight costs and shipping delays have increased demand and forced the company to pass costs to customers.

Broader supply chain issues and higher oil prices could impact many everyday products that rely on petrochemicals.

“The situation is definitely very fragile, prices are expensive… We ​have no choice but to transfer the costs right now to ⁠the customers,” Goh told Reuters.

Karex joins a growing list of companies that are bracing for supply chain disruptions amid the ongoing war in Iran.

Based in Malaysia, Karex produces condoms, personal lubricants, gloves, medical catheters and probe covers.

The company manufactures male latex condoms including ONE, Trustex, Carex and Pasante, and it can produce over 5 billion condoms annually. Karex also exports to more than 130 countries, according to its website.

“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh said.

 


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