Archive for January, 2026

Nigeria's manufacturing still struggles - MAN.... Decries decline in sector's contribution from 29.9% in 1981, to 8.2% in 2024...Says N676billion alternative energy cost, N1.72 Trillion Raw material import in H1, 2025 impact operational costs, negatively

Nigeria’s manufacturing still struggles – MAN…. Decries decline in sector’s contribution from 29.9% in 1981, to 8.2% in 2024…Says N676billion alternative energy cost, N1.72 Trillion Raw material import in H1, 2025 impact operational costs, negatively

News January 8, 2026 at 9:29 am 0 comments

    Despite the positive showings of the nation’s economy, in recent times, the Manufacturers Association of Nigeria (MAN) has said such feats are yet to rub off positively on the manufacturing sector in the country, since the ecosystem still struggles under severe and macroeconomic constraints.     The association, in a report released recently, also decried the decline inRead More

Stanbic IBTC Insurance receives Agusto & Co upgraded Credit Ratings

Stanbic IBTC Insurance receives Agusto & Co upgraded Credit Ratings

News January 8, 2026 at 9:03 am 0 comments

  Stanbic IBTC Insurance has announced the upgrade of its credit ratings for the 2025-2026 financial year by  Agusto & Co. The Company has been assigned a Long-Term Rating of A and a Short-Term Rating of A1, both with a Stable Outlook. This upgrade reflects stronger confidence in Stanbic IBTC Insurance’s financial resilience, governance standards, and long-term sustainability.    Read More

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