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, […]
Africa’s reinsurers’ premium may hit record high in 2018
STRONG indications have emerged that the growth of the Africa’s Reinsurance Market may hit record high in 2018.
Transfer of unclaimed dividend to Trust Fund not acceptable — Igbrude
Unclaimed dividend is the property of retail shareholders and becomes the property of the company that paid it after 12 years period that the shareholders could not claim it as stipulated by law.
Nigeria, African markets remain business haven to foreign reinsurers
Despite the headwinds of currency volatility and inflationary strains in Nigeria and other countries in the continent’s insurance business, foreign reinsurers are falling over themselves to get business from the African markets.
Scarcity of funds to persist as DMO issues N100bn bond
THE intense scarcity of funds that gripped the interbank money market last week will persist this week as the Debt Management Office (DMO) issues N100 billion worth of FGN Bond.
Digital switchover will boost viewership experience — Zhang, StarTimes CEO
StarTimes has already shown their worth in the past seven years, changing a lot in the pay-television market. For example I can still remember in 2010 when StarTimes just launched in Nigeria, if you want to buy a competitor’s decoder you have to pay N27,000. During this period the exchange rate was just about N120 to one dollar. Today, 2017, seven years later, the exchange rate has gone up to N360.
