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Business

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ICT

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Capital Market

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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NGX Expands Market Offerings with Introduction of Commercial Paper Listings

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Insurance

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

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Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, calls...

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

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Business

UAC Records Revenue Surge, Profit Impacted by One-Off Acquisition-Related Costs

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…in Nigeria, Sub-Saharan Africa By Goke Ilesanmi L-R: Alhaji Aliko...

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NIPR Postpones Annual PRICE Awards to Jan 25, 2026

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

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Capital Market

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

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The Chartered Institute of Stockbrokers (CIS) and the Association...

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FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Insurance

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

Underwriting giant, Linkage Assurance Plc, delivered a robust operating...

Heirs Insurance Hackathon Opens: Nine University Students to Win N9m Innovation Prize

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, calls...

Royal Exchange CEO: Recapitalisation Will Reposition Insurance Sector, Support $1tn Economy Goal

Mrs. Idu Okeahialam, Group Managing Director/CEO, Royal Exchange Plc,...

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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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