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Business

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

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Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

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ICT

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

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NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

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Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

Insurance

CIIN Unveils Programme for Insurance Week 2026

The Chartered Insurance Institute of Nigeria (CIIN) has rolled...

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

Mutual Benefits Assurance Plc has recorded a significant milestone...

Mutual Benefits Restates Commitment to Responsible Corporate Practice

Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment...

emPLE Nigeria Paid over N7bn Claims to Support Individuals, Families, Businesses in 2025

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

Business

Guinness Nigeria CEO Attributes Strong 2026 Start to Operational Efficiency, Localised Decision-Making

The Managing Director/CEO of Guinness Nigeria Plc, Girish Sharma...

P+ Beats Three Agencies to Win NSIA Media Intelligence Business

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Guinness Nigeria Sweeps 7th Edition of The Industry Awards, Named Most Outstanding Company in Sustainability

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Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

Being text of the speech by Alhaji (Dr.) Umaru...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

Insurance

CIIN Unveils Programme for Insurance Week 2026

The Chartered Insurance Institute of Nigeria (CIIN) has rolled...

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

Mutual Benefits Assurance Plc has recorded a significant milestone...

Mutual Benefits Restates Commitment to Responsible Corporate Practice

Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment...

emPLE Nigeria Paid over N7bn Claims to Support Individuals, Families, Businesses in 2025

emPLE, one of Nigeria’s rapidly growing insurance companies, has...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

63% of Africans Believe China Has Good Influence in Africa

In Africa, a good part of the population believes China’s influence on the continent is positive, consortium of survey institutes Afrobaromètre said in a study released on October 28, 2016.

According to the study, 63% of the population surveyed – 50,000 people from 36 African countries – thinks China’s political and economic influence on the continent is positive. Only 15% of those questioned believe the opposite.

Countries that share the first belief most include Mali, Niger and Liberia with respectively 92%, 84% and 81% of the surveyed on that side.

In opposition, in Egypt, Ghana, Lesotho, Madagascar, Morocco and Zimbabwe, less than 50% of population surveyed has a positive opinion of China’s influence.

China is behind the USA in the rankings of nations with the best national development models. Yet, it is significantly ahead of former colonial powers. 24% of the surveyed in fact affirm that China has the best development model while 30% prefer US’ model.

The development model of former colonial powers comes third in the rankings picked by 13% of the surveyed ahead of South Africa’s (11%).

The majority of the population surveyed (56%) said development aid from China meets the needs of their countries.

The main factors explaining why China is so well seen by Africans are its investments in infrastructure projects (32% of the surveyed believe) across the continent and the low cost of its products (23%).

As for factors contributing to China’s influence on Africa being perceived negatively there is the poor quality of its products (35%), the fact that Chinese companies hire few locals (14%), the country’s huge appetite for Africa’s resources (10%) and Chinese investors grabbing lands from Africans (7%).

–Walid Khefifi

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Socio-economic Challenges Sink African PC Market

The African PC market sank to new lows in the second quarter of the year amid a slowdown in GDP growth, increasing unemployment, and the strengthening of the dollar against many of the continent’s currencies. Figures released today by International Data Corporation (IDC) show that the market followed up its first-quarter decline of 11.8% with a 26.7% year-on-year downturn in shipments during Q2 2015, the largest slump the market has ever suffered. While IDC believes that the PC market will continue on its downward trajectory into Q3 2015, growth is expected to pick up from the last quarter onward.

MAN Unveils Large Corporation Group to Boost Manufacturing in Nigeria

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Seplat Energy Achieves $537m Dividend Milestone for Shareholders

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Non-Performing Loans: Are Banks Innocent Victims?

The 322 Bankers’ Committee Meeting ended recently in Abuja with a resounding resolution to publish the names of bank debtors on August 1, 2015 under the so-called ‘Name & Shame’ initiative. The objective of this measure we were told is to recover the estimated N400 billion listed as outstanding bad debt in the banking sector.Even before the resolution of the Bankers’ Committee, a number of angry banks had already published such list of debtors in selected national dailies. Unity Bank Plc is one of them.
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