Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG
By Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and entrepreneurial capacity into competitive production and exports. Yumkella, who identified Nigeria’s financial depth and strategic position within […]
NESG pushes states to drive economic growth, development
By Oneme Onyeme The Nigerian Economic Summit Group (NESG) has urged state governments to take the lead in driving economic growth and development by leveraging their unique economic potentials, improving the investment climate and creating jobs to promote shared prosperity across the country. The call was made ahead of the 32nd Nigerian Economic Summit (NES […]
World Bank: Fuel price to slow Nigeria’s poverty reduction
•Says rising pre-election spending may derail reforms •Raises Nigeria’s 2026 growth forecast to 4.3% •Projects 15.7% inflation rate for 2026 •44% of firms in Nigeria, Kenya adopt AI, power constraints threaten gains By Babajide Komolafe, Economy Editor The World Bank has warned that elevated fuel prices could slow Nigeria’s poverty reduction efforts despite an expected […]
Post recapitalisation: Turning strong insurers into stronger players
By Rosemary Iwunze The Nigeria’s insurance industry recapitalisation exercise formally closed on July 31, 2026, with 48 insurance companies and two reinsurers scaling through, while six insurance licences were cancelled after the affected operators failed to meet the regulatory threshold. Following the successful recapitalisation exercise, the real test of the reform shifted from how much […]
AXA Mansard Health says accessible healthcare is foundation for productivity, national prosperity
AXA Mansard Health has reiterated the critical link between healthcare access, workforce productivity, and economic development, positioning quality healthcare as one of the most important investments Nigeria can make in its people and future prosperity. Speaking at the launch of AXA’s Culture of Care campaign, Chief Executive Officer of AXA Mansard Health, Tope Adeniyi, said […]
Anchor Insurance unveils app, enhanced third party motor insurance
By Rosemary Iwunze Anchor Insurance Company Limited has unveiled two significant innovations: the Enhanced Third-Party Motor Insurance Policy and the Anchor Insurance App. Speaking during the launch at the company’s head office in Lagos, Managing Director/Chief Executive Officer of the company, Mr. Ebose Augustine stated that the move is part of the company’s continuing transformation […]
