Wednesday, December 3, 2025
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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

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Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

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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

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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Capital Market

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

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Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

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Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

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Capital Market

NGX T+2 Settlement Cycle ‘Goes Live’ Event

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FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

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Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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North African Airlines Control 45% of Africa’s Air Traffic

According to the latest edition of Secteur Privé & Développement (Private Sector & Development) published by Proparco, AFD’s arm in charge of private sector, Northern Africa airlines dominate Africa’s air traffic.

Over a total of 44.075 million passengers, these companies namely Egyptair (first with 18 million passengers), Air Algerie (second with 12 million), Royal Air Maroc (third with 11.035 million) and Tunisair (seventh with 2.666 million) grabbed nearly 45% of total number of passengers carried by African airlines, according to the London-based platform OAG, which analyzes the sector.

South African Airlines, which is presently encountering some challenges, Ethiopian Airlines, one of the continent’s most active airlines and Kenya Airways which is also quite present in Africa, despite its financial troubles, are respectively fourth, fifth and sixth.

The growth potential of the inter-African air traffic market is quite significant. Some experts estimate in fact that given Africa’s current communication issues, it is cheaper to build airport infrastructures than roads or railways.

However, according to Jean-Louis Barroux, CEO APG World Connect, cited by Proparco’s magazine, one of the major challenges in the sector is the compartmentalisation of African skies. “It is difficult for most African nations to liberalise air transport as the airspace belongs to them and it holds a strong symbolic and political position for them,” he said.

He added that most public authorities in Africa lack, unfortunately, the skills and resources needed to properly manage this sector. Truly, in many countries are airlines’ directors still appointed due to their ties with the power in place, rather than for their actual skills.

Nevertheless, there are still airlines such as Asky, Rwandair or Air Ivoire that remain the region’s pride as they provide permanent or almost (90%) regular services within Africa.

However, transportation costs are expensive, travelling duration are quite long (it can sometimes take 3 hours to go from Douala in Cameroon to Lagos in Nigeria).

Another challenge is the difficulty for people to move freely between borders in Africa.

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NEXIM, World Bank Collaborate to Develop Nigeria’s Mining Sector

…The clear intention of The World Bank to collaborate with the NEXIM Bank towards a structured intervention in the Nigeria’s solid minerals sector is quite expedient. More so, with commitment and firm resolve of President Muhammad Buhari to diversify the economy, revitalize the mining sector towards boosting job creation and enhancing foreign exchange earnings - Orya The Managing Director of the Nigerian Export-Import Bank (NEXIM Bank), Mr. Roberts Ungwaga Orya, received a team from the World Bank led by Dr. Francisco Igualada, Senior Mining Specialist, Energy & Extractives Unit, and Mr. Linus Adie Utsu of Mining Investments Consultthat visited the Bank to share ideas on how to provide structured intervention towards revamping and deepening Nigeria’s mining sector.

PZ Cussons Redefines ‘Doing Good Business’ Concept

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Group Proposes October as National Cybersecurity Awareness Month

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MTN Unveils Nigeria’s First Nationwide VoLTE Call Service

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