Nigeria Economy news

•Billing, collection efficiency on the rise – NERC • Experts disagree, say customers are being cheatedBy Ediri EjohThe Nigerian Electricity Regulatory Commission, NERC, and experts in the sector appear to be singing a different song  over the factors driving the  increase in the revenue of  electricity distribution companies, DisCos.While NERC attributed the increase in revenue to what it described as efficiency in revenue collection, experts pinned down

•2026 positioning beginsBy Peter Egwuatu The Nigerian stock market has recovered from losses it recorded in November as investors gained N2.436 trillion in the five trading days of last week.Specifically, the Nigerian Exchange Limited, NGX, market capitalisation, which represents the total value of shares listed on the Exchange, rose to N93.722 trillion on Friday from N91.286 trillion the previous week.In the same manner, another major market indicator, NGX All Share Index, ASI,

By Rosemary Iwunze‎
‎In another affirmation of its leading status in the comity of insurers in Nigeria, SanlamAllianz Nigeria was named amongst the top 50 Good to Great Companies (Certified) by Business Times, a growing business and finance publication based in Lagos. The honour recognises forward-looking companies operating in Nigeria with sound corporate governance, visible community impact, financial stability and employee confidence. 
‎The firm’s Managing Director and

By Rosemary Iwunze
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‎FSL Insurance Brokers Limited, a leading insurance brokerage firm in Nigeria, has officially launched “FSL Insure”, a new mobile and web application designed to simplify, modernize, and expand access to insurance products for individuals and businesses nationwide. The FSL Insure app offers a fully digital insurance experience, allowing users to explore, compare, purchase, and manage insurance policies in real time, anytime, anywhere, from their devices,