By Godwin Anyebe The industrial growth of Aba, Abia State, is facing significant challenges as the city’s primary power supplier, Aba Power Limited, struggles with a crippling shortage of natural gas. This shortage is severely impacting the ability of Geometric Power Limited, which operates the Aba Integrated Power Project, to[Read More…]
Business
Government Inaction as Fuel Scarcity Persists—A Nation Left in Limbo
Nigeria, a country blessed with abundant natural resources, finds itself once again grappling with the scourge of fuel scarcity. Long queues at petrol stations, skyrocketing transportation costs, and the inevitable ripple effects on the cost of living have become the painful reality for millions of Nigerians. Yet, as citizens endure[Read More…]
Navigating Uncertainty: Nigeria’s Markets Show Resilience Amid Economic Shifts
By Godwin Anyebe As global economic uncertainties continue to cast a shadow over financial markets, Nigeria has emerged as a beacon of resilience. Despite facing significant challenges, including inflationary pressures, fluctuating oil prices, and policy adjustments, Nigeria’s markets have shown remarkable adaptability, with key sectors demonstrating strength and stability. This[Read More…]
The Role of Digital Innovation in Transforming Nigeria’s Insurance Sector
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…]
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…]
The ENI-Oando Speedy Approval Raises Questions Amid Lingering Divestment Concerns
The recent swift approval of the ENI-Oando deal has sparked considerable debate within Nigeria’s energy sector. As the Italian energy giant ENI divests its onshore assets in Nigeria, selling them off to Oando, a prominent Nigerian oil and gas company, industry stakeholders are raising eyebrows at the speed with which[Read More…]
Thriving Against the Odds: Navigating Business in an Unfriendly Environment
In today’s global landscape, doing business is more challenging than ever. Political instability, economic downturns, regulatory hurdles, and infrastructural deficits are just some of the obstacles that make certain environments hostile for businesses. Yet, some businesses not only survive in these conditions but also thrive. This article delves into the[Read More…]