Economic activities expand second straight month despite industry contraction — CBN

By Elizabeth Adegbesan Economic activity in Nigeria expanded for the second consecutive month in July 2026 as the Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) rose to 51.1 points, although the industrial sector remained in contraction. The CBN disclosed this in its latest PMI report, stating that the composite PMI edged up from the […]
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Louis Ogbeifun points oil workers, labour towards tomorrow, by Owei Lakemfa

Life is in flux and labour in Nigeria is caught in its crosswinds. To navigate the strong currents of change, and produce a compass, the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Port Harcourt Zone, turned to the union’s 2003–2005 president, Louis Brown Ogbeifun. They asked the 71-year-old former manager, Employee Relations of […]

AXA Mansard grows H1 profit to N7.8bn, says capital meets NAICOM recapitalisation threshold

By Rosemary Iwunze AXA Mansard Insurance Plc has sustained its growth momentum in the first half of 2026, posting a 14 per cent increase in profit after tax to ₦7.8 billion while reaffirming that it has met the new minimum capital requirements under the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The company’s unaudited financial […]

Leadway says post-recapitalisation era to be defined by strategic ambition

By Rosemary Iwunze Leadway Assurance, Nigeria’s foremost insurance services provider and a member of the Leadway Group, said its recapitalised era will be defined not by regulatory compliance but by audacious strategic ambition. Having successfully completed its recapitalisation exercise under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, the company is accelerating a transformation built […]

Football is not for sale

Football is the world’s most popular sport. It belongs to everyone. From dusty neighbourhood pitches to the grandeur of the FIFA World Cup, its appeal has always rested on the belief that sporting merit, not financial engineering, determines its destiny. That is why the reported proposal by FIFA under President Gianni Infantino to create a […]

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