Nigeria’s manufacturing sector is showing strong signs of recovery in numbers following the outbreak of the COVID-19 pandemic as it expanded 5.89 percent in the first quarter of 2022 from 3.40 percent in the same period of 2021. This is the highest figure the sector has recorded since 2016, when the economy experienced a recession, […]
read more Manufacturing sector rises by most since 2016 amid FX pressures
Barely a month after the end of the pension industry recapitalisation, which led to the successful emergence of 20 players, another wave of mergers and acquisitions (M&A) is brewing in the sector. The recapitalisation that ended on April 21, 2022 required Pension Fund Administrators (PFAs) to increase their capital from N1 billion to N5 billion. read more Pension funds’ new capital raise triggers M&A
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