Real assets: Consider investing in real estate, precious metals (like gold), or tangible commodities these often outperform inflation . Diversify portfolios: Spread out investments across equities, bonds, REITs, mutual funds—mixing asset types helps mitigate inflation’s bite . Inflation-linked securities: Sovereign Sukuk bonds (from the federal government) adjust with CPI, helping keep real value intact ….
In 2025, the NGX Insurance Index, which tracks 15 of the sector’s most capitalized and liquid players, has surged by 82% YtD, second only to the Consumer Goods Index and far ahead of the broader market’s 37% YtD gain. Companies riding this wave include AXA Mansard Insurance and Cornerstone Insurance Plc.AXA Mansard’s market value has risen by 101% year to far, to N148.5 billion, making it the NGX’s third-most valuable insurance stock.Cornerstone has grown 78% year to date to a market capitalization of N116 billion, placing fourth in the category.These improvements have generated strong real returns for investors. Beyond the price increase, the important question…
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that Petrobras, the state-owned oil behemoth of Brazil, is seeking new avenues in Nigeria’s upstream sector, focusing particularly on deepwater and ultra-deep-water ventures. In a message shared on X (formerly Twitter) on Wednesday, NNPCL stated that its Executive Vice-President for Upstream, Udy Ntia, engaged with Petrobras…
Economist and founder of Awabah, Tunji Andrews, asserts that the Nigerian insurance sector is on the brink of significant change following the implementation of the Nigerian Insurance Industry Reform Act (NIIRA) 2025. Enacted earlier this month by President Bola Tinubu, this legislation brings forth extensive modifications designed to modernize the industry, enhance regulatory supervision, and…
Kashifu Inuwa, the Director-General of the National Information Technology Development Agency (NITDA), has articulated the rationale behind his team’s recommendation for the Nigeria Bureau of Statistics (NBS) to update the Information and Communications Technology (ICT) sector’s measurements. Inuwa emphasized that the NBS’s adjustment of the ICT GDP was essential due to the digital economy’s integration within every facet of the Nigerian economy. He shared these insights on Wednesday while serving as the keynote speaker at the 3rd Annual Economic Confidential Lecture & PRNigeria Book Presentation focused on the theme ‘AGENDA FOR A DIGITAL GLOBAL ECONOMY.’ Interplay of Digital Economy and Nigeria’s EconomyInuwa explained that there was no such thing as a digital economy standing on its own, but rather digital technology remains a tool that can power the Nigerian economy.“If you think of agriculture, healthcare, education, finance—today they all rely on digital. Therefore, we also push for…
The Federal Government has said that many federal workers cannot access its housing loan schemes because their salaries are already burdened by deductions from multiple loans taken from commercial lenders. Executive Secretary of the Federal Government Staff Housing Loans Board, Hajiya Salamatu Ahmed, made this known at the Permanent Secretaries’ Quarterly Forum with Union Leaders,…
The emergence of artificial intelligence (AI) is poised to generate a surge of well-compensated remote positions, with earnings potentially exceeding $80,000 by 2025. As AI persistently reshapes sectors, these emerging opportunities provide individuals the chance to forge careers at the crossroads of technology, creativity, and ethics. With adaptable work options and the possibility to operate…
With reference to the All-Share Index, the Nigerian stock market concluded on a high note on August 26, adding 321.59 points and extending its upward momentum for the third consecutive session after a week of declines. Ending the day at 141,761.36, up from an opening of 141,439.77, the index grew by 0.23%, resulting in a…
China has donated $1 million to Nigeria to support affected by the recent devastating floods. The donation was formalised on Wednesday in Abuja through a signing ceremony between the Chinese government and Nigeria’s Ministry of Budget and Economic Planning, as reported by the News Agency of Nigeria (NAN). At the event, Chinese Ambassador to Nigeria,…
When listed companies go silent on dividends, investors end up holding dead money Forty-five out of the 146 companies listed on the Nigerian Exchange Limited (NGX) have not paid dividends in at least five years. That means roughly one in every three quoted firms has withheld cash rewards from shareholders over that period, according to…
