Nigeria leads Africa investability gains
•Up four places in Bloomberg’s ranking By Yinka Kolawole Nigeria has emerged as the biggest climber among major African economies in Bloomberg Economics’ 2026 Investment Risk-O-Meter, rising four places to eighth position on the back of improved economic and fiscal fundamentals. The latest scorecard released yesterday, which assesses the relative investability of 19 African economies, […]
emPLE meets NAICOM recapitalisation requirement, bolstering capital position, customer confidence
By Rosemary Iwunze emPLE Nigeria has strengthened its capital position following the publication of her name on the list of approved companies on the official website of the National Insurance Commission (NAICOM), indicating that the company has met the applicable recapitalisation requirements, thereby reinforcing its financial strength and capacity to deliver sustainable value to customers […]
Manufacturers groan as rising credit, production costs threaten recovery
By Yinka Kolawole Nigeria have warned that the high cost of credit and rising production expenses remain major threats to the recovery of the manufacturing sector, despite a renewed improvement in manufacturers’ confidence in the economy. This was revealed by the Manufacturers Association of Nigeria (MAN) in its Manufacturers’ CEOs Confidence Index (MCCI) for the […]
Sanwo-Olu, CIBN urge youths to embrace innovation, skills, integrity
By Cynthia Alo & Kafayat Kokumo Lagos State Governor, Babajide Sanwo-Olu, the President of the Chartered Institute of Bankers of Nigeria, CIBN, Dr. Dele Alabi, and other financial leaders have urged young Nigerians to leverage technology, discipline, and practical skills to actively participate in building the nation’s economy. They spoke on Wednesday at the 4th […]
HBM Nigeria’s profit rises 57% to N208bn in H1’26
By Peter Egwuatu HBM Nigeria Plc, formerly Lafarge Africa Plc, recorded a 57 per cent increase in profit after tax (PAT) to N208 billion in the first half of 2026 (H1’26), from N132.677 billion recorded in the corresponding period of 2025. The cement manufacturer, in its financial results released on the Nigerian Exchange Limited (NGX), also […]
Future of insurance depends on quality leadership – Orimolade
By Rosemary Iwunze President/Chairman of Council, Chartered Insurance Institute of Nigeria, CIIN, Mr. Akinjide Orimolade has said that the future of the insurance profession depends on the quality of leadership, innovation and professionalism that is cultivated today. Orimolade made the assertion while giving his welcome address at the year 2026 Youth Mentorship Programme (Bootcamp 7.0) […]
