By Yinka Kolawole  The United Nations has ranked Nigeria as 8th on the African Industrialisation Index and 98th in the world. Thematic Lead for Oil and Gas at the Nigerian Economic Summit Group (NESG), . Kelvin Emmanuel, stated this in his presentation at a high-level pre-Summit dialogue held in Abuja with the theme, “Unlocking Industrial Growth […]

…Down 32% to $129.9m in Q1’25 •It’s manifestation of economic reforms shock — CPPE By Yinka Kolawole  The binding constraints bedeviling Nigeria’s manufacturing sector seem to have dampened foreign investors’ interest as foreign direct investment (FDI) in the sector declined by 32.3 percent to $129.92 million in the first quarter of 2025 (Q1’25), compared to $191.92 million […]

…Profit declines 40% in Q1’25 …As claims rise 56%, expenses up 72% ·Experts explain the new development, chart way forward By Rosemary Iwunze At the backdrop of rising cost of doing business Nigeria’s insurance firms are recording significant declines in profits. Financial Vanguard’s findings also reveal that the insurance firms are now battered by rising claims payments. […]

Industrial & Medical Gases Nigeria Plc (IMG) has officially launched a Rights Issue valued at N6.39 billion, aimed at reinforcing its market presence and funding strategic expansion initiatives.

By Elizabeth Adegbesan   A fintech company, eTranzact International Plc, in partnership with the Enterprise Development Centre at Pan-Atlantic University, has launched a report to improve Small and Medium Enterprises,  SMEs,  status in the adoption of Artificial Intelligence (AI) to grow their businesses locally and internationally.   Speaking on the report  titled, “AI Readiness of Nigerian SMEs”, during […]