By Rosemary Iwunze In the wake of the insurance industry recapitalization, AXA Mansard has called on insurance journalists to go beyond reporting industry developments and take on a more deliberate role in interpreting and translating complex insurance issues into relatable insights that help Nigerians understand how such developments impact their lives. The call was made […]

She added that the combination of multi-life protection, living benefits, long-term value and flexibility makes the Lifetime Plan relevant across different stages

Nigeria’s aquatic products have secured zero-tariff access to China’s market of about 1.4 billion consumers under a new protocol, as bilateral trade between both countries reaches $18 billion in the first half of 2026 (H1’26). The development is expected to boost Nigerian exports and foreign exchange earnings, with Chinese Ambassador to Nigeria, Yu Dunhai, disclosing that […]

“The exchange rate, the tax reform has given hope that we are now going to have a tax system that supports productivity and incentivizes it”

The expanding corporate presence also signals a shift from an export-driven relationship towards local production. Indian companies are increasingly establishing manufacturing

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 […]

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 […]

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 […]

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 […]

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) […]

By Babajide Komolafe, Economy Editor The Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has completed the review of the remuneration of political office holders, 18 years after their salaries were last reviewed by law, saying the proposed new remuneration and revenue allocation Bills will reach the National Assembly before the end of the year. Chairman […]

By Rosemary Iwunze The National Pension Commission (PenCom) has threatened to sanction  Pension Fund Administrators (PFAs) that fail to meet prescribed targets under the ongoing Retirement Savings Account (RSA) data recapture exercise. PenCom, in its first-quarter 2026 report, disclosed that only 17.03 per cent of the industry’s legacy RSA holders had completed the mandatory data recapture […]

By Emma Ujah & Rosemary Iwunze The National Insurance Commission (NAICOM) has announced seven more insurance companies that have scaled the recapitalization hurdle, following a 14-day period granted to eight insurance companies for final verification and regulatory review With this development, forty-eight (48) insurance companies and two (2) reinsurance companies have been confirmed and verified as compliant […]

By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]

By Udeme Akpan & Obas Esiedesa, Abuja Nigeria’s daily oil production declined by four per cent in July 2026, to 1.67 million barrels per day (mbpd) from 1.74mbpd recorded in June, according to the latest production data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). However, the figures showed that Nigeria sustained production above the 1.5mbpd OPEC […]