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Ahead July deadline: Insurers seek capital buffers as merger path narrows

Modestus Anaesoronye
7 Min Read

Nigeria’s insurance companies are largely opting to raise fresh capital rather than pursue mergers as they race to meet new minimum capital thresholds in the ongoing recapitalisation programme. With about six months left to the July 30 compliance deadline set by the Nigerian Insurance Industry…

Top Stories

FG–ASUU agreement: What was signed, why it matters

After 16 years of stalled negotiations and repeated industrial disputes, the federal government (FG) and the Academic Staff Union of Universities (ASUU) have signed a renegotiated agreement aimed at stabilising…

10 Min Read

Eighteen startups in hunt for $1bn Unicorn valuations

Eighteen companies across fintech, mobility, energy, healthtech and property are now being closely watched by investors, following a year in which equity funding for African unicorns fell to its lowest…

3 Min Read

Farmers’ loan defaults rise as food prices fall

Millions of smallholder farmers in Nigeria are trapped in a cycle of debt as falling food prices squeeze their profits, making it harder for them to repay loans taken during…

5 Min Read

Senate confirms Illegal gold mining driving banditry, arms deal in N/West

A Senate report has identified illegal artisanal gold mining in Zamfara, Kaduna and Katsina states as a critical factor driving insecurity in the North-West, revealing that proceeds from the illicit…

5 Min Read
Geregu Power’s N22.5bn dividend outruns cash as margins thin 

Geregu Power Plc again became the first Nigerian Exchange-listed company…

5 Min Read
Nigeria Infrastructure Debt Fund delivers record returns as cash flows swell

Nigeria’s first listed infrastructure debt fund is reinforcing its appeal…

6 Min Read
Lagos’ urban renewal leaves the poor stranded on the lagoon

The Lagos State government’s demolition of Makoko’s waterfront has displaced…

22 Min Read
Nigeria’s fastest growth projection since 2015 can’t curb poverty

The International Monetary Fund (IMF) and the World Bank Group…

6 Min Read
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Columnist

Governing reform in a fragmented federation: Why NEC matters more than it looks

Nigeria’s National Economic Council (NEC) attracts suspicion because it looks like a serious body designed to do unserious work. Yet that framing misses what NEC is for. Its value is…

11 Min Read

Trump’s invasion of Venezuela: The right and the wrong!

Barely a week after President Donald Trump sent the US military to launch air strikes in Nigeria on Christmas Day last year, he dispatched US forces to Venezuela to capture…

10 Min Read

Anthony Joshua and Sheikh Gumi; Redefining the Nigerian citizen

On December 29, 2025, the world was startled by the news that Anthony Joshua, the 36-year-old British-Nigerian heavyweight boxer was involved in a ghastly road traffic accident on the Lagos-Ibadan…

8 Min Read

Leadership after the reset: Why discipline, not vision, determines impact

This is the time of the year that something subtle but decisive begins to happen inside organisations. The speeches are over. The strategy decks have been shared. The symbolic language…

7 Min Read

The Enforcement Premium. Why weak contract enforcement increases the cost of borrowing in Nigeria and makes access to credit very expensive.

Credit is a contractual obligation extended to borrowers, with the clear understanding that repayment will be made in a timely manner, as at when due. Where this fails, enforcement becomes…

10 Min Read

Letter to Chimamanda Ngozi Adichie on the loss of her son

Dear Chimamanda, I have had a very sour week since hearing of the passing of your dear son, Nkanu. The circumstances make it even more difficult to deal with. A…

9 Min Read
Turn your research findings into wealth, Odedina tells researchers

Scientists in Nigeria have been called upon to begin turning…

2 Min Read
Cybersecurity levy seen stunting e-payment growth in Nigeria

Nigeria's thriving e-payment sector, worth N600 trillion in 2023, faces…

4 Min Read
Trump and Starmer show unity but split on Palestinian state during London talks

Donald Trump, the United States president, and Keir Starmer, the…

4 Min Read
Effective ways to reduce fuel bill

In our world of rising expenses, there is need to…

4 Min Read

Analysis

Prophecy, prediction and public trust: A statistical audit of Nigeria’s prophetic culture

In Nigeria, few social rituals are as predictable as the wave of prophecies that accompanies…

10 Min Read

When urban renewal meets economic pain: The debate over road fencing in Ilorin

In 2025, the Kwara State Government set in motion a highly visible—and deeply contested—urban renewal…

5 Min Read

Nigeria’s 2026 budget: Consolidation on trial

Nigeria’s 2026 Budget comes at a moment that feels both fragile and decisive. After more…

8 Min Read

Podcast

Explainers

Nigeria’s States budgeted N88 billion for women empowerment, but 53% of the funds ended elsewhere

Across Nigeria, state governments proudly announce billions in budget allocations meant to empower women, lift households out of poverty, and strengthen community livelihoods. But beneath these glossy figures lies a…

5 Min Read

How Nigerian immigrants can secure a job in Canada in 3 months

Two Nigerian professionals, Olumide Oluyeye and Blessing (real names withheld) have provided complementary accounts of their successful transitions into the Canadian workforce. While Oluyeye secured his first job in three…

7 Min Read

Canada PR: Misrepresenting marital status for PR advantage is a grave breach

...Misrepresenting marital status for PR advantage is a grave breach ...Patronising 'ghost consultants' leads to a five-year ban ...Applications are summarily refused for administrative errors, such as missing key employment…

6 Min Read

Canada-based immigration consultant shares insights for successful PR application 

...Consultant cites immigration cases among Nigerian immigrants and pitfalls to avoid Gilbert Totime, a Canada-based immigration law consultant at EGK Immigration Inc., and York University, has shared tips and errors…

6 Min Read

Spalletti begins new era with Juventus

Juventus have confirmed the appointment of Luciano Spalletti as their new head coach, following the dismissal of Igor Tudor earlier this week. Spalletti, Juventus’s top choice to replace Tudor, has…

2 Min Read

Triumph Against Odds: Sim Shagaya on resilience, risk and Nigeria’s next frontier

Few stories capture the theme of resilience better than that of Sim Shagaya. Triumph Against Odds is a podcast where Africa’s toughest business leaders share how they’ve weathered failure, disruption,…

7 Min Read
2027: Governor Bassey Otu declares APC constitution amendment, public hearing open for South-South

Basssey Out, governor of Cross River State, has declared APC…

5 Min Read
AUN names Oramah, Afreximbank’s president, as 14th Commencement speaker

The American University of Nigeria (AUN) has announced Benedict Okechukwu…

3 Min Read
Lafarge Africa to sell South African subsidiary to LafargeHolcim for $316 million

Lafarge Africa Plc has reached an agreement to sell the…

2 Min Read
Are we a post-oil state?

We all know the Nigeria government revenue story. Back in the days…

6 Min Read

Opinion

Building a digital-first economy: The pathway to Nigeria’s $1 trillion GDP goal

Nigeria, often described as the "Giant of Africa," once held…

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Partner Content

Fembol Group Awards Over ₦5million in Grants to Student Entrepreneurs

Fembol Group has concluded the Fembol Student Grant Pitch Day, a flagship Corporate Social Responsibility (CSR) initiative designed to support…

2 Min Read

Amazon Prime’s Surge In New Zealand Points to Massive Digital Shift

The way Kiwis enjoy entertainment is clearly changing. The days of being tied to a traditional telly schedule, or "appointment…

4 Min Read

7 landmark solar and storage projects redefining how Nigeria powers itself in 2025

Nigeria’s energy transition in 2025 is no longer being defined by incremental megawatts added to the national grid. Instead, it…

6 Min Read

Flytime Announces Slate Of December Events Set To Take Over The City

Lagos, Nigeria, 11th December 2025 - Flytime is back once again with a full calendar of events set to own…

7 Min Read

Why XAUUSD Remains a Key Safe-Haven Asset

Gold is widely viewed as a reliable store of value. During fluctuations in various financial markets and the influx of…

8 Min Read

The Motion Loop Club: Creators who make videos that never seem to end

In the moment’s presto- scrolling digital world, spiraled vids have sculpted a special niche. These endlessly repeating clips hold a…

8 Min Read

Our focus is to deliver security services that meet global standards – Willie

Aniekan B. Willie is a seasoned security professional with over three decades of international and national experience, including senior roles…

12 Min Read

The “Boring” Revolution: Why the Next African Unicorn Won’t Be an App, But the Rails Beneath It By Abasiama Idaresit CEO Wild Fusion Holdings

For the last decade, the narrative of African technology has been dominated by the "Customer Acquisition" game. Venture capital poured…

5 Min Read

Sponsored

Alo & Peace Realty unveils mortgage access initiative to ease homeownership for Nigerians worldwide

Alo & Peace Realty, a fast-growing Africa–UK real estate company,…

SmallSmall Introduces Nigeria’s First Installment Payment Fair

To empower and uplift Nigeria's middle class, SmallSmall is introducing…

Bitcoin ETFs just pulled $4B — What this means for crypto traders in Nigeria

On June 26, the inflows into Bitcoin ETF were $228.15…

Zedcrest Wealth Opens the Doors to High-Yield Investing for Businesses.

Zedcrest Wealth is excited to announce the launch of its…

Nigerian Senate and NADDC Commend Simba TVS for Investments

Members of the Nigerian Senate Committee on Industry and the…

Events and Conference

Event
SME 100 Awards
Lagos Nigeria
Saturday, 31 January 2026
Attend
Event
Legal Dinner Night 2025
Lagos Nigeria
Friday, 30 January 2026
Attend
Event
BAFI Dinner Night
Lagos Nigeria
Thursday, 5 February 2026
Attend

Interviews

We must prioritise investments in road, processing infrastructures to tackle post-harvest losses  – Food Concepts CEO

Kofi Abunu is a senior hospitality executive with over three decades of experience driving growth and operational excellence within the…

11 Min Read

Broader impact of $1bn investment deal with SINOMACH is truly transformative – Bakrin

Kamar Bakrin, executive secretary/CEO, National Sugar Development Council (NSDC) speaks in this interview on the progress made in the execution…

20 Min Read

AI could add $1trn to Africa’s GDP but trigger over 20m job losses if mismanaged – Expert

Ademola Esther is the chief executive officer (CEO) of iSell Global. She is a data analyst, artificial intelligence specialist, gospel…

16 Min Read

When risks are properly structured and trust is built, capital follows – Chukuma

Chukuka Chukuma is an investment banker and partner at Racecourse Capital Partners, an Africa-focused private investment and advisory firm. With…

9 Min Read

Nigeria needs regulatory harmonisation, infrastructure revamp to boost real sector – LCCI President

Leye Kupoluyi has just been elected the 44th President and Chairman of the Council of Nigeria's leading chamber of commerce,…

12 Min Read

Design is not neutral: Why great products are shaped long before the screen

In an industry often fixated on clean interfaces, a deeper view of design is emerging. One that understands products as…

9 Min Read

The 2026 entrepreneur scorecard: Measuring business success against Nigeria’s new fiscal rules and economic benchmarks

As Nigeria steps into 2026, the meaning of business success is changing. The old trophies — fast growth, loud visibility,…

7 Min Read

Tinubu is working to deliver on promises of renewed hope on good governance – Raji

Bolaji Rilwan Raji, convener, Game Changer Group (GCG), is the founder of New Dawn for Women & Community Intervention Initiative.…

10 Min Read
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Technology

OpenAI adds age-prediction tool to ChatGPT amid concerns over child safety

OpenAI has introduced an age-prediction feature into ChatGPT, stepping up efforts to protect minors as…

2 Min Read

Regulators, operators rekindle warnings as Bitcoin dips below $88,000, Ethereum breaks $3,000

Nigeria’s regulators and crypto market operators have renewed warnings to investors after a sharp selloff…

6 Min Read

Building inclusion from the backbone: How Edgebase is turning digital infrastructure into economic opportunity

Nigeria’s digital economy is expanding at a pace, but its true strength lies not just…

12 Min Read

Declining ARPU, flat costs squeeze Nigeria’s telecom operators

...As telcos turn to OTT bundles, 5G to arrest revenue slide Telecommunications operators in Nigeria…

5 Min Read

World News

More News

WORLD IN BRIEF: Trump’s Greenland vow, Beckham family feud, Congo’s minerals pitch, and other stories

Trump vows 'no going back' on Greenland with leaked texts, AI images President Trump declared there was "no going back" on his campaign to control Greenland, posting AI-generated images of himself holding an American flag on the island and leaked private messages…

5 Min Read
Five things to know to start your day
5 Min Read

US markets plunge over Greenland tariff threats US stock markets suffered their worst day since October on Tuesday, with the…

British International Investment backs Allianz $1bn credit fund as anchor investor
5 Min Read

British International Investment (BII), the UK’s impact investor and development finance institution, on Tuesday announced it will be an anchor…

Five things to know to start your day
6 Min Read

Trump linked his Greenland threat to the Nobel Peace Prize snub President Donald Trump told Norwegian Prime Minister Jonas Gahr…

Trump says he no longer thinks purely of peace after Nobel Prize snub
3 Min Read

US President Donald Trump has said he no longer feels obliged to focus solely on peace after missing out on…

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