The insurance sector in Nigeria, long perceived as traditional and resistant to change, is undergoing a significant transformation driven by digital innovation. As technology continues to reshape various industries, the insurance sector is not left behind. From improving accessibility and customer experience to enhancing operational efficiency, digital innovation is revolutionizing[Read More…]
Author: Godwin Anyebe
Nigeria’s Maritime Sector: The Bottleneck at the Port, a Rising Concern for the Manufacturing Sector
Nigeria’s maritime sector plays a crucial role in the nation’s economy, serving as the gateway for over 90% of its international trade. However, the sector is facing significant challenges, particularly at the ports, where bottlenecks have become a growing concern for the manufacturing sector. These bottlenecks not only disrupt the[Read More…]
Entrepreneurship: The Backbone of National Economic Growth
Entrepreneurship is often hailed as the engine that drives economic growth and development in any nation. It plays a pivotal role in creating wealth, generating employment, fostering innovation, and enhancing the standard of living. For a country like Nigeria, with its youthful population and vast natural resources, entrepreneurship is not[Read More…]
Tourism: An Untapped Sector in Nigeria
Tourism: An Untapped Sector in Nigeria Nigeria, Africa’s most populous nation, is a country of vast natural beauty, rich cultural heritage, and diverse landscapes. From the undulating hills of the Jos Plateau to the sprawling beaches of Lagos, and from the vibrant festivals in the east to the historic relics[Read More…]
Between Nigeria and the Future of Technology: A Promising Journey
Nigeria, often referred to as the “Giant of Africa,” stands at a crucial crossroads as it navigates the complexities of technological advancement in the 21st century. With a population exceeding 220 million, a youthful demographic, and a rapidly expanding tech ecosystem, Nigeria holds immense potential to become a leader in[Read More…]
Tunji Bello: The New Sheriff in FCCPC with Unrealistic One-Month Ultimatum
In the face of Nigeria’s persistent economic challenges, the Federal Competition and Consumer Protection Commission (FCCPC) has found itself thrust into the limelight under the stern leadership of Tunji Bello. Appointed to safeguard consumer rights and ensure fair market practices, Bello has taken an aggressive approach to address the issue[Read More…]
Ikeja Electric Faces Backlash Over Proposed Tariff Band Migration Without Consent
Residents of several communities in Lagos State, Nigeria, are up in arms over Ikeja Electric’s recent decision to migrate them from tariff Band B to Band A without their consent. The proposed change, which is set to take effect on September 1, 2024, will significantly increase electricity tariffs, raising the[Read More…]
ARCON Pioneers Africa’s First Stock Image Bank, Inaugurates Committee to Engage Professionals
In an unprecedented move set to revolutionize the African media landscape and boost local content production, the Advertising Regulatory Council of Nigeria (ARCON) has taken a bold step towards establishing the continent’s first indigenous stock image bank named the Nigeria Stock Image Bank (NSIB). The Image Bank is expected to[Read More…]
Nigeria’s Financial Sector Revolution: How AI is Transforming Business, Driving Growth
Access Holdings Plc., one of Africa’s leading financial services providers, is pioneering the adoption of artificial intelligence (AI) to enhance operations, accelerate innovation, and drive economic growth. With AI tools like Microsoft 365 Copilot, the Nigerian financial giant is demonstrating the transformative potential of AI in the financial services industry[Read More…]
Dealers Back NASS Crackdown on Substandard Steel Producers
The Iron Rod and Steel Distributors Employers of Nigeria (IRSDEUN) said it is in full support of moves by the National Assembly towards mopping up substandard steel products across the country. The union noted that substandard steel products have saturated the Nigerian market, because of the greed of some producers,[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]