In a statement on Tuesday, Ikeazor, he said the transition to contactless operations had gained currency during this crisis, and that businesses must take proactive steps to remain in business after the crisis. “There is already a big shift to digital and online channels by banks. He said businesses in the country would also need to improve their risk management capabilities as vulnerabilities would continue to exist in the operating environment. Ikeazor stated, “Organisations that have a proactive and structured approach to risk management will always stay ahead of the curve as the next crisis emerges. He stated, “Local manufacturers and SMEs must improve corporate governance by preparing and auditing their financial documents.”Copyright PUNCH.

Source: Punch June 02, 2020 23:15 UTC