Lean principles, once seen as tools only for global corporations in developed markets, are now taking root across Africa. In today’s competitive economy, where businesses grapple with rising costs, tough …
Business
- African DevelopmentAfrican EconomyBusinessInnovationSustainabilityTechnologyTelecommunications
- BusinessCorporate EarningsEconomyFinanceInsuranceNigeria
Regency Alliance Insurance Pays N3.14bn in Claims Despite Profit Decline
Regency Alliance Insurance Plc has reported a sharp increase in claims payment, rising by 242.59 per cent to N3.14 billion in the first half of 2025. The figure, contained in …
- BusinessEconomyFinanceGovernanceHealthInsurance
NAICOM Raises Alarm Over $2bn Annual Capital Flight in Health Insurance
The National Insurance Commission (NAICOM) has revealed that Nigeria is losing about $2 billion every year to capital flight as multinational companies provide health insurance for their employees through foreign …
- BusinessCorporate NewsEconomyFinanceInsuranceTechnology
Atiat Limited Opens New Lagos Headquarters, Launches Strategic Vision Atiat 3.0
Atiat Limited, a company known for leadership in automotive leasing and finance, has opened its new head office on Victoria Island, Lagos, as part of its plan to expand into …
- BankingBusinessEconomyFinanceGovernanceWestern Africa
Bank of Ghana Cuts Policy Rate to 21.5% as Inflation Pressures Ease
The Monetary Policy Committee (MPC) of the Bank of Ghana has announced a major cut in the benchmark policy rate, slashing it by 350 basis points (3.5 per cent) from …
- AviationBusinessGOVERNMENTInfrastructureInternationalLeadership
Tinubu Congratulates FAAN MD Olubunmi Kuku on Election as ACI Africa Vice-President
President Bola Ahmed Tinubu has congratulated the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, on her election as Vice-President of Airports Council International (ACI) …
- BusinessEconomyEnergyOil & Gas
NCDMB Urges WAV, Other Indigenous Firms to Explore Deepwater Oil and Gas Opportunities
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Ogbe, has called on leading Nigerian oil and gas service providers to direct more of their …
- BusinessEconomyFinanceInsurancePoliciesRegulation
Experts Say NIIRA 2025 Will Boost Insurance Sector’s GDP Contribution
Industry experts have projected that the Nigerian Insurance Industry Reform Act 2025 (NIIRA) will boost the insurance sector’s contribution to the Gross Domestic Product and restore confidence in the industry. …
- BankingBusinessCapital MarketCorporate EarningsEconomyFinance
UBA Half-Year Profit Rises to N335bn Despite Drop in Pre-Tax Earnings
United Bank for Africa Plc (UBA) has announced its financial performance for the first half of 2025, showing a profit after tax of N335.53bn. This represents a 6.06 per cent …
- AviationBusinessConsumer RightsInternational RelationsKenyaLawNigeriaRegulationTransportation
Kenya Airways Pays NCAA Sanction Fee After Gloria Omisore Passenger
Kenya Airways has finally complied with the directive of the Nigerian Civil Aviation Authority (NCAA) by paying the sanction fee imposed on it after a long-running dispute over consumer rights …